Beta-Glucan Market was estimated at USD 326 Million in 2020 and anticipated to grow at 7.6% during the forecast period.

Introduction of the Beta-Glucan Market Report

Beta glucan is a form of soluble dietary fibre which is aggressively used in the food supplement and the medical world for several health benefits like reducing high cholesterol, etc. Rising popularity of the nutritional value of algae has pushed the adoption of the beta-glucan, as it has been adopted by the restaurants chain across the globe.

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Market Dynamic

Key Drivers and Emerging Trends

Ever-increasing incidents of chronic health disorders such as cholesterol, diabetes, heart disease and obesity are likely to drive the attention of customers towards the consumption of healthy dietary foods such as beta glucan. For instance, according to the Centers for Disease Control and Prevention, nearly 647,000 deaths occur from heart diseases in U.S. annually, which has led to the major adoption of healthy dietary fibres like beta-glucan in the region. Furthermore, rising demand and popularity for nutraceuticals has triggered the utility ratio of the beta glucan globally, which has acted as a surging factor for the overall growth of the market. In addition, developing nations such as India, China, and countries in the Middle East & Africa, in the coming years, are likely to experience a sharp upsurge in demand for beta-glucan extracted from different raw materials. This demand is ascribed to be driven by an increase in the utilization of healthy foods, nutraceuticals, and personal care products. In addition, these regions also provide cost optimization in terms of assembly, processing and labor cost.

Restraint in the Beta-Glucan Market

However, the soaring cost of extraction of the final product from the extract obtained from cereals, is a major factor which is likely to hamper the overall growth of the market.

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Source – Segment Analysis

Based on the source, yeast is witnessed to grow at a higher CAGR in the market over the forecast period. Baker’s yeast is the commonly utilized resource of the product due to its low-cost. It is utilized mostly in the food and beverage industry as well as a cheap animal feed. In addition, yeast has greater active linkages in comparison with mushroom sourced products, and it is used in pharmaceutical industry for the cancer treatment.

Type – Segment Analysis

Based on the type, soluble fibres is witnessed to grow at a higher CAGR in the market over the forecast period. Soluble fibres effortlessly disappear in water and are transferred throughout the digestive tract developing glutinous in nature and reducing cholesterol from the body by comparing the blood glucose in the process. The rising demand of the product in pharmaceutical formulations is presumed to be a factor in increasing the market for soluble product over the forecast period.

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Regional – Segment Analysis:

Based on the regional coverage, Asia-Pacific is witnessed to grow at a higher CAGR in the market over the forecast period. The adoption of modern cultivation approaches and easy accessibility of labor in Asia Pacific have increased mushroom cultivation. The polysaccharide fraction of mushrooms is mainly comprised of beta glucans with attractive immune modulating properties, which make mushrooms an ideal raw material. Growing consumer awareness regarding the nutritional value of mushrooms coupled with increasing realization in farmers of the crop’s income yielding potential through trade should drive mushroom cultivation. For instance, according to Organisation for Economic Co-operation and Development (OECD), China surpassed 6.5 million tons in 2018, which has surged the growth potential of the overall market. In addition, in June 2020 Lesaffre takes a majority shareholding in the Chinese company Biohymn Biotechnology (China). Biohymn Biotechnology specialized in the production of yeast and yeast extracts, which has also contributed to the regional market growth.

Top Market Players

Various notable players operating in the market, include, Biotec Pharmacon ASA, Biothera Pharmaceticals, Ceapro Inc, Immunomedic AS, Super Beta Glucan Inc, DSM NV, Tate & Lyle plc (Tate & Lyle Oat Ingredients), Groupe Soufflet SA (AIT Ingredients), Zilor Inc (Biorigin), Cargill Incorporated, among others. 

Key Developments:

• • In 2019, Cargill Incorporated, officially announced the launch of beta-glucan product namely Barliv at FiE Paris, which has helped the company in expanding the product portfolio of the company.

Segments covered in the Report:

The global beta-glucan market has been segmented on the basis of source, type, application, and regions. Based on source, the market is segmented into cereal, mushroom, yeast, and seawood. Based on type, the market is segmented into soluble, and insoluble. Based on application, the market is segmented into food & beverages, cosmetics & personal care, pharmaceutical, animal feed, and others. 

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Key questions answered in this research report:

• • At what pace is global beta-glucan market growing? What will be the growth trend in the future?
  • What are the key drivers and restraints in beta-glucan market? What will be the impact of drivers and restraints in the future?
  • What are the regional revenues and forecast breakdowns? Which are the major regional revenue pockets for growth in the global beta-glucan market?
  • Which source generated maximum revenues in 2019 and identify the most promising source during the forecast period?
  • What are the various type areas of global beta-glucan market and how they are poised to grow?
  • What companies are the major participants in this market and their business strategies, how does the competitive landscape look like?

Report Coverage	Details
Market Base Year	2020
Market Forecast Period	2021-2028
Market Revenues (2020)	USD 326 Million
Base Year & Forecast Units	Revenues (USD Million)
Market Segment	By Source, By Type, By Application, By Region
Regional Coverage	Asia Pacific, Europe, North America, and RoW
Companies Profiled	Biotec Pharmacon ASA, Biothera Pharmaceticals, Ceapro Inc, Immunomedic AS, Super Beta Glucan Inc, DSM NV, Tate & Lyle plc (Tate & Lyle Oat Ingredients), Groupe Soufflet SA (AIT Ingredients), Zilor Inc (Biorigin), Cargill Incorporated, among others; a total of 10 companies covered.
25% Free Customization Available	We will customize this report up to 25% as a free customization to address our client’s specific requirements

Market Segmentation

Global Beta-Glucan Market by Source

• • Cereal
  • Mushroom
  • Yeast
  • Seawood

Global Beta-Glucan Market by Type

• • Soluble
  • Insoluble

Global Beta-Glucan Market by Application

• • Food & Beverages
  • Cosmetics & Personal Care
  • Pharmaceutical
  • Animal Feed
  • Others

Global Beta-Glucan Market by Region

• • North America Beta-Glucan Market (Option 1: As a part of the free 25% customization)
    • North America Beta-Glucan Market by Source
    • North America Beta-Glucan Market by Type
    • North America Beta-Glucan Market by Application
    • US Beta-Glucan Market All-Up
    • Canada Beta-Glucan Market All-Up
  • Europe Beta-Glucan Market (Option 2: As a part of the free 25% customization)
    • Europe Beta-Glucan Market by Source
    • Europe Beta-Glucan Market by Type
    • Europe Beta-Glucan Market by Application
    • UK Beta-Glucan Market All-Up
    • Germany Beta-Glucan Market All-Up
    • France Beta-Glucan Market All-Up
    • Spain Beta-Glucan Market All-Up
    • Rest of Europe Beta-Glucan Market All-Up
  • Asia-Pacific Beta-Glucan Market (Option 3: As a part of the free 25% customization)
    • Asia-Pacific Beta-Glucan Market by Source
    • Asia-Pacific Beta-Glucan Market by Type
    • Asia-Pacific Beta-Glucan Market by Application
    • China Beta-Glucan Market All-Up
    • India Beta-Glucan Market All-Up
    • Japan Beta-Glucan Market All-Up
    • Rest of APAC Beta-Glucan Market All-Up
  • RoW Beta-Glucan Market (Option 4: As a part of the free 25% customization)
    • RoW Beta-Glucan Market by Source
    • RoW Beta-Glucan Market by Type
    • RoW Beta-Glucan Market by Application
    • Brazil Beta-Glucan Market All-Up
    • South Africa Beta-Glucan Market All-Up
    • Saudi Arabia Beta-Glucan Market All-Up
    • UAE Beta-Glucan Market All-Up
    • Rest of world (remaining countries of the LAMEA region) Beta-Glucan Market All-Up

Major Players Operating in the Beta-Glucan (Option 5: As a part of the Free 25% Customization – Profiles of 5 Additional Companies of your Choice)

• • Biotec Pharmacon ASA
  • Biothera Pharmaceticals
  • Ceapro Inc
  • Immunomedic AS
  • Super Beta Glucan Inc
  • DSM NV
  • Tate & Lyle plc (Tate & Lyle Oat Ingredients)
  • Groupe Soufflet SA (AIT Ingredients)
  • Zilor Inc (Biorigin)
  • Cargill Incorporated