Market OverviewThe Global Beta-Glucan Market is valued at USD 476 million in 2022 to USD 856 million by 2033, registering a CAGR of 6.5% over the forecast period of 2023-2033.
Report Scope
Report Attributes | Description |
Market Size in 2022 | USD 476 Million |
Market Forecast in 2033 | USD 856 Million |
CAGR % 2023-2033 | 6.5% |
Base Year | 2022 |
Historic Data | 2020-2021 |
Forecast Period | 2023-2033 |
Report USP | Production, Consumption, company share, company heatmap, company production capacity, growth factors and more |
Segments Covered | Source, Application, End User |
Regional Scope | North America, Europe, APAC, South America and Middle East and Africa |
Country Scope | U.S.; Canada; U.K.; Germany; France; Italy; Spain; Benelux; Nordic Countries; Russia; China; India; Japan; South Korea; Australia; Indonesia; Thailand; Mexico; Brazil; Argentina; Saudi Arabia; UAE; Egypt; South Africa; Nigeria |
Key Companies | Kerry Group; Tate & Lyle; Cargill, Inc.; DSM; Ohly; Garuda International; NutraQ; Biothera Inc.; Ceapro Inc.; MilliporeSigma; Lesaffre Group; Biotec Pharmacon ASA; Associated British Foods plc; Angel Yeast Co., Ltd.; Lallemand Inc.; Super Beta Glucan; Merck KGaA; Koninklijke DSM N.V.; Frutarom Health; Garuda International Inc. |
Beta-glucan is a type of soluble fiber that is found in various sources such as oats, barley, mushrooms, and yeast. It has several health benefits, including improving cholesterol levels, boosting the immune system, and reducing the risk of cardiovascular diseases. The increasing demand for functional foods and dietary supplements that promote health and wellness is driving the growth of the beta-glucan market. The growing awareness of the health benefits of beta-glucan and the increasing prevalence of chronic diseases such as diabetes and obesity are also contributing to Beta-Glucan Market's growth. North America dominated the beta-glucan market, followed by Europe and the Asia Pacific. This is attributed to the increasing demand for functional foods and the rising prevalence of chronic diseases in the region. The Asia Pacific is expected to be the fastest-growing market during the forecast period due to the growing demand for dietary supplements and functional foods in the region.
Overall, the beta-glucan market is expected to experience significant growth in the coming years, driven by the increasing demand for functional foods and dietary supplements that promote health and wellness. Beta-glucan is a type of soluble fiber found in oats, barley, yeast, and mushrooms. It has been shown to have various health benefits, including reducing cholesterol levels, improving gut health, and boosting the immune system. With the growing awareness of health and wellness, consumers are looking for functional foods and dietary supplements that offer health benefits beyond basic nutrition. Beta-glucan is increasingly being used in these products as an ingredient that provides various health benefits.
Chronic diseases such as obesity, diabetes, and heart disease are becoming increasingly prevalent worldwide. Beta-glucan has been shown to have potential benefits for these conditions, such as improving blood sugar control and reducing cholesterol levels, which is driving its use in functional foods and dietary supplements. There is a growing trend towards natural and plant-based ingredients in the food and beverage industry, driven by consumer demand for healthier and more sustainable products. Beta-glucan is a natural ingredient derived from oats, barley, yeast, and mushrooms, which makes it an attractive option for manufacturers.
There is ongoing research into the potential health benefits of beta-glucan, which is driving innovation in the industry. New applications of beta-glucan are being discovered, which is expanding Beta-Glucan Market for this ingredient. Beta-glucan is also used in the animal feed industry as a feed additive that can improve the immune system and gut health of animals. With the increasing demand for animal protein worldwide, the demand for beta-glucan as a feed additive is also increasing.
Source Insights
The Oats segment is expected to dominate the Beta-Glucan market. The oats are one of the richest sources of beta-glucan, containing up to 5% of this soluble fiber. This makes them a natural choice for food and beverage manufacturers looking to add beta-glucan to their products. Furthermore, oats are a versatile ingredient that can be used in a variety of applications, including breakfast cereals, snacks, and baked goods.
Application Insights
The Food and beverages are expected to dominate the Beta-Glucan market. The beta-glucan is a natural ingredient that can be derived from a variety of sources, including oats, barley, and yeast. This makes it an attractive ingredient for food and beverage manufacturers looking to add functional ingredients to their products without using artificial additives or preservatives.
End User Insights
The healthcare providers are a major end-use industry for Beta-Glucan. Beta-glucan has been found to have several health benefits, including boosting the immune system, reducing cholesterol levels, and improving gut health. As a result, it has become a popular ingredient in a variety of products, including dietary supplements, functional foods, and personal care products.
Regional Insights
The North American Beta-Glucan market has been growing in recent years due to increasing demand for functional foods and supplements. The United States is the largest market for Beta-Glucan in North America, followed by Canada and Mexico. Beta-Glucan Market is segmented based on application, including food & beverages, personal care, pharmaceuticals, and animal feed. Some key players in the North American Beta-Glucan market include Cargill, Inc., Tate & Lyle PLC, Koninklijke DSM N.V., and Kerry Group plc.
The Canadian beta-glucan market is expected to grow due to the increasing demand for healthy and natural ingredients in food and beverages. In addition, the rising prevalence of chronic diseases such as obesity, diabetes, and heart diseases is also driving the demand for beta-glucan, as it has been shown to help manage these conditions. Some of the key players operating in the beta-glucan market in Canada include Lallemand Inc., Ceapro Inc., and Kerry Group, among others. These companies offer a wide range of beta-glucan products for various applications in the food and beverage, pharmaceutical, and cosmetic industries.
Competitive Analysis
Some of the prominent companies operating in Beta-Glucan Market are Kerry Group; Tate & Lyle; Cargill, Inc.; DSM; Ohly; Garuda International; NutraQ; Biothera Inc.; Ceapro Inc.; MilliporeSigma; Lesaffre Group; Biotec Pharmacon ASA; Associated British Foods plc; Angel Yeast Co., Ltd.; Lallemand Inc.; Super Beta Glucan; Merck KGaA; Koninklijke DSM N.V.; Frutarom Health; Garuda International Inc.
• In February 2021, Kerry Group announced the launch of a new beta-glucan ingredient called Wellmune® Immune Booster. This ingredient is derived from baker's yeast and is designed to support immune health by activating key immune cells. According to Kerry Group, Wellmune® Immune Booster has been clinically proven to reduce the incidence of upper respiratory tract infections in athletes and other physically active individuals.
Global Beta-Glucan Market- Segmental Analysis
Based On Source:
• Oats
• Barley
• Yeast
• Mushroom
• Seaweed
Based On Application:
• Food and Beverages
• Dietary Supplements
• Pharmaceuticals
• Animal Feed
• Personal Care Products
Based On End User:
• Healthcare Providers
• Athletes and Fitness Enthusiasts
• Cosmetic and Personal Care Manufacturers
• Food and Beverage Manufacturers
• Animal Feed Manufacturers
Why to buy this Report?
Market research: The report provides valuable insights into market trends, growth opportunities, and competitive landscapes. By reading a technology report, businesses and investors can gain a better understanding of Beta-Glucan Market they are operating in or considering entering, and make more informed decisions based on data and analysis.
Competitive analysis: The report reports provide detailed information on competitors' strengths, weaknesses, and strategies, which can help businesses identify potential threats and opportunities in Beta-Glucan Market.
Innovation: The report provides insights into emerging technologies and trends, which can help businesses stay up-to-date with the latest developments and make informed decisions about where to invest their resources.
Due diligence: The report can be used by investors and acquirers as part of their due diligence process when considering investing in or acquiring a technology company. These reports can provide valuable information on the company's financials, technology, market position, and other key factors.
Frequently Asked Questions
• What is Beta-Glucan Market size and growth projections?
• What is Beta-Glucan Market size and growth projection for each of Beta-Glucan Market segments and sub-segments across Countries & Regions?
• What are the top performing segments, and countries / regions of each of Beta-Glucan Markets?
• What is Beta-Glucan Market size and growth rate across key countries / regions?
• How big is the global & regional market in terms of revenue and volume?
• How far market will grow in forecast period in terms of revenue and volume?
• What factors will influence demand and supply trends across each markets during the forecast period?
• What are the technology trends shaping various markets?
• Which country / region has more opportunities?
• What is the COVID-19 impact on Beta-Glucan Market and how long will it take to recover?
• Who are the key competitors of market Players?
• What are Beta-Glucan Market share (%) of Key Players?
• What are the Merger & Acquisition, New Product Launch, Recent Development within each of Beta-Glucan Markets?
• What are PEST analysis, Ecosystem Analysis, Porter's Five Forecast Analysis, Ansoff Matrix, and SWOT Analysis among other analyses for diverse markets?