Asia Pacific Beta-glucan Market by Category (Insoluble, Soluble, and Others), Applications (Healthcare & Dietary Supplements, Food & Beverage, and Others), Sources (Mushroom, Cereals, Yeast, and Others), and Region (India, Australia, Malaysia, China, Indonesia, Japan, and Rest of the Asia Pacific)–Industry Analysis, Growth, Share, Size, Trends, and Forecast 2023–2031
The Asia Pacific beta-glucan market size was USD XX Billion in 2022 and is likely to reach USD XX Billion by 2031, expanding at a CAGR of 5.75% during 2023–2031. Growth of the market is attributed to rapid urbanization, increasing overall efficiency & productivity for enterprises, rising awareness about health among consumers.
From the group of β-D-glucose polysaccharides the β-glucans are made. It is naturally found in the cell walls of fungi cereals, and bacteria. Depending on sources it shows different physicochemical properties significantly.
The Covid-19 pandemic affected the demand and supply of Asia Pacific beta-glucan market. Lockdown across the globe, supply chain disorders, and oscillating supply of raw materials forced manufacturers to shut down production leading to unfortunate decline in market growth. Launch of vaccines to combat the Covid-19 pandemic is expected to contribute to the market growth over the forecast period.
Asia Pacific Beta Glucan Market Trends, Drivers, Restraints, and Opportunities
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Increasing adoption of BYOD policies is projected to boost the market.
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Rapid adoption of e-learning services is the major factor fueling the market.
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Lack of awareness about the beta-glucan is projected to restrict the market expansion during the forecast period.
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High price of the products is anticipated to hamper the market growth in the coming years.
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R&D investment and technological advancement in beta-glucan market is projected to offer lucrative opportunities for the market players.
Scope of Asia Pacific Beta Glucan Market Report
The report on the Asia Pacific beta-glucan market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
Attributes |
Details |
Report Title |
Asia Pacific Beta-glucan Market–Industry Analysis, Growth, Share, Size, Trends, and Forecast |
Base Year |
2022 |
Historic Data |
2016-2021 |
Forecast Period |
2023-2031 |
Segmentation |
Category (Insoluble, Soluble, and Others), Applications (Healthcare & Dietary Supplements, Food & Beverage, and Others), Sources (Mushroom, Cereals, Yeast, and Others) |
Regional Scope |
India, Australia, Malaysia, China, Indonesia, Japan, and Rest of the Asia Pacific |
Report Coverage |
Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast |
Key Players covered in the Report |
Merck KGaA; Kemin Industries, Inc.; Koninklijke DSM N.V.; Tate & Lyle PLC; Associated British Foods Plc; Kerng Group plc.; and Angel Yeast Co. Ltd. |
Asia Pacific Beta Glucan Market Segment Insights
The soluble segment accounts for key share of the market
On the basis of delivery modes, the Asia Pacific beta-glucan market is fragmented into insoluble, soluble, and others. The soluble segment accounts for a key share of the market. Growth of the market is attributed to increasing physical endurance & vitality of human body and increasing research & development activities in beta-glucan. However, the insoluble segment is anticipated to expand at a rapid pace during the forecast period due to increasing per capita income and rising demand for organic products.
The healthcare & dietary supplements segment is anticipated to hold significant market share
Based on applications, the market is divided into healthcare & dietary supplements, food & beverage, and others. The corporate healthcare & dietary supplements segment accounts for a significant share of the market. Growth of the market is attributed to rising demand for soluble dietary fibers and increasing availability of resources. The food & beverages segment is anticipated to expand at a rapid pace during the forecast period due to factors such as rising investment by private sectors and rapidly changing lifestyle of people.
The cereals segment is anticipated to hold major market share
On the basis of sources, the Asia Pacific beta-glucan market is classified into mushroom, cereals, yeast, and others. The cereals segment accounts for a major share of the market. Growth of the market is attributed to increasing number of small & medium industries and growing demand for healthier alternatives. The mushroom segment is anticipated to expand at a rapid pace during the forecast period due to factors such as increasing healthcare expenditure, growing unit prices, and increasing applications of beta-glucan in healthcare industry.
China is estimated to hold major market share
On the basis of region, the Asia Pacific beta-glucan market is categorized as India, Australia, Malaysia, China, Indonesia, Japan, and Rest of the Asia Pacific. The market of Japan is estimated to expand at a high CAGR during the forecast period due to factors such as presence of major market players and increasing investment by private sector. The market of China is estimated to hold major market share due to rapidly growing number of working people, rapid economic growth, and rising demand for fibrous food.
2. Assumptions and Acronyms Used
3. Research Methodology
4. Beta-glucan Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Beta-glucan Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Beta-glucan Market - Supply Chain
4.5. Global Beta-glucan Market Forecast
4.5.1. Beta-glucan Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Beta-glucan Market Size (000’ Units) and Y-o-Y Growth
4.5.3. Beta-glucan Market Absolute $ Opportunity
5. Global Beta-glucan Market Analysis and Forecast by Region
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Region
5.2.2. Y-o-Y Growth Projections by Region
5.3. Beta-glucan Market Size and Volume Forecast by Region
5.3.1. North America
5.3.2. Latin America
5.3.3. Europe
5.3.4. Asia Pacific
5.3.5. Middle East and Africa (MEA)
5.4. Absolute $ Opportunity Assessment by Region
5.5. Market Attractiveness/Growth Potential Analysis by Region
5.6. Global Beta-glucan Demand Share Forecast, 2019-2026
6. North America Beta-glucan Market Analysis and Forecast
6.1. Introduction
6.1.1. Basis Point Share (BPS) Analysis by Country
6.1.2. Y-o-Y Growth Projections by Country
6.2. North America Beta-glucan Market Size and Volume Forecast by Country
6.2.1. U.S.
6.2.2. Canada
6.3. Absolute $ Opportunity Assessment by Country
6.4. Market Attractiveness/Growth Potential Analysis
6.4.1. By Country
6.4.2. By Product Type
6.4.3. By Application
6.5. North America Beta-glucan Demand Share Forecast, 2019-2026
7. Latin America Beta-glucan Market Analysis and Forecast
7.1. Introduction
7.1.1. Basis Point Share (BPS) Analysis by Country
7.1.2. Y-o-Y Growth Projections by Country
7.1.3. Latin America Average Pricing Analysis
7.2. Latin America Beta-glucan Market Size and Volume Forecast by Country
7.2.1. Brazil
7.2.2. Mexico
7.2.3. Rest of Latin America
7.3. Absolute $ Opportunity Assessment by Country
7.4. Market Attractiveness/Growth Potential Analysis
7.4.1. By Country
7.4.2. By Product Type
7.4.3. By Application
7.5. Latin America Beta-glucan Demand Share Forecast, 2019-2026
8. Europe Beta-glucan Market Analysis and Forecast
8.1. Introduction
8.1.1. Basis Point Share (BPS) Analysis by Country
8.1.2. Y-o-Y Growth Projections by Country
8.1.3. Europe Average Pricing Analysis
8.2. Europe Beta-glucan Market Size and Volume Forecast by Country
8.2.1. Germany
8.2.2. France
8.2.3. Italy
8.2.4. U.K.
8.2.5. Spain
8.2.6. Russia
8.2.7. Rest of Europe
8.3. Absolute $ Opportunity Assessment by Country
8.4. Market Attractiveness/Growth Potential Analysis
8.4.1. By Country
8.4.2. By Product Type
8.4.3. By Application
8.5. Europe Beta-glucan Demand Share Forecast, 2019-2026
9. Asia Pacific Beta-glucan Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.1.3. Asia Pacific Average Pricing Analysis
9.2. Asia Pacific Beta-glucan Market Size and Volume Forecast by Country
9.2.1. China
9.2.2. Japan
9.2.3. South Korea
9.2.4. India
9.2.5. Australia
9.2.6. Rest of Asia Pacific (APAC)
9.3. Absolute $ Opportunity Assessment by Country
9.4. Market Attractiveness/Growth Potential Analysis
9.4.1. By Country
9.4.2. By Product Type
9.4.3. By Application
9.5. Asia Pacific Beta-glucan Demand Share Forecast, 2019-2026
10. Middle East & Africa Beta-glucan Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Middle East & Africa Average Pricing Analysis
10.2. Middle East & Africa Beta-glucan Market Size and Volume Forecast by Country
10.2.1. Saudi Arabia
10.2.2. South Africa
10.2.3. UAE
10.2.4. Rest of Middle East & Africa (MEA)
10.3. Absolute $ Opportunity Assessment by Country
10.4. Market Attractiveness/Growth Potential Analysis
10.4.1. By Country
10.4.2. By Product Type
10.4.3. By Application
10.5. Middle East & Africa Beta-glucan Demand Share Forecast, 2019-2026
11. Competition Landscape
11.1. Global Beta-glucan Market: Market Share Analysis
11.2. Beta-glucan Distributors and Customers
11.3. Beta-glucan Market: Competitive Dashboard
11.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
11.4.1. Merck KGaA
11.4.2. Kemin Industries, Inc.
11.4.3. Koninklijke DSM N.V.
11.4.4. Tate & Lyle PLC
11.4.5. Associated British Foods Plc
11.4.6. Kerng Group plc.
11.4.7. Angel Yeast Co. Ltd.