Beta Glucan Market by Categories (Insoluble and Soluble), Applications (Healthcare and Dietary Supplements, Food and Beverage, and Other Applications), Sources (Mushroom, Cereals, Yeast, and Other Sources), and Regions (Asia Pacific, North America, Latin America, Europe, and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2021 – 2028
The global beta glucan market size was valued at USD 391.69 million in 2020 and is projected to reach USD 692.61 million by 2028, expanding at a CAGR of 7.39% during the forecast period, 2021–2028. Growth of the market is attributed to growing preference for natural and process free food and rising concern about health among customers.
Beta glucan are naturally occurred in the cereals, fungi, algae, lichens, plants, and bacteria with various physiochemical properties. Beta glucan are mostly used as medicines for heart diseases and high cholesterol. It is used as food additive in various products including frozen desserts, sour cream, dressings, and cheese spreads.
Beta glucans reduces the blood cholesterol by preventing the absorption of cholesterol from the food in the intestines and stomach. It helps in various health conditions such as diabetes, allergies, and asthmas. It even helps in fighting with cancer and boosting the immunity.
Market Trends, Drivers, Restraints, and Opportunities
- Increasing demand for healthy foods among consumers is projected to boost the market during the forecast period.
- Rising health expenditure is anticipated to drive the market.
- Rapid growth of food industry is a major factor propelling the market during the forecast period.
- Reduction in the prices of raw material is estimated to spur the market in the coming years.
- Strict policies by government act as major challenge that hampers the market.
- Lack of knowledge and awareness about the beta glucan act as key factor that can impede the market growth.
- Increasing economy and changing lifestyles of people is projected to create significant opportunities for the market players.
- R&D investment and technological advancements are projected to create immense opportunities for the market players.
Scope of the Report
The report on the global 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 |
Beta Glucan Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast |
|
Base Year |
2020 |
|
Historic Data |
2018–2019 |
|
Forecast Period |
2021–2028 |
|
Segmentation |
Categories (Insoluble and Soluble), Applications (Healthcare and Dietary Supplements, Food and Beverage, and Other Applications), Sources (Mushroom, Cereals, Yeast, and Other Sources) |
|
Regional Scope |
Asia Pacific, North America, Latin America, Europe, and Middle East & Africa |
|
Report Coverage |
Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast |
|
Key Players Covered in the Report |
Cargill, Tate & Lyle PLC, Super Beta Glucan, Sigma Aldrich Corporation, Kerry Group, Garuda International, Specialty Biotech, and Biorigin |
Market Segment Insights:
The soluble segment is projected to account for a large market share
In terms of categories, the global beta glucan market is bifurcated into insoluble and soluble. The soluble segment is expected to constitute a key share of the market during the forecast period. It improves the gut health of an individual. It is found in oats which is large carrier of good cholesterol and prevents oils getting reabsorbed in the bloodstream which reduces the risk of heart or liver diseases.
The healthcare and dietary segment is projected to hold a major market share
Based on applications, the global beta glucan market is divided into healthcare and dietary supplements, food and beverage, and other applications. The healthcare and dietary segment is expected to represent a key share of the market in the coming years due to growing awareness related to health benefits in consuming healthcare and dietary supplements. Health conscious customers demand for beta glucan in dietary supplements.
The cereals segment is projected to represent a large market share
On the basis of sources, the global beta glucan market is segregated into mushroom, cereals, yeast, and other sources. The cereals segment is expected to hold a key share of the market during the forecast period owing to positive impact on body as it has dietary fibers found in oats and barley. Cereals are the largest source of beta glucan. It is very important in regulating the human health.
Europe is anticipated to dominate the market
On the basis of regions, the global beta glucan market is categorized as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. The market of Europe is anticipated to expand at a substantial CAGR during the forecast period. The regional market growth can be attributed to increasing demand for beta glucan in various countries located in the region. The healthy food category is witnessing innovations in the food industry is expected to drive the market in the region.
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 Applications
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Applications
5.2.2. Y-o-Y Growth Projections by Applications
5.3. Beta Glucan Market Size and Volume Forecast by Applications
5.3.1. Healthcare and Dietary Supplements
5.3.2. Food and Beverage
5.3.3. Other Applications
5.4. Absolute $ Opportunity Assessment by Applications
5.5. Market Attractiveness/Growth Potential Analysis by Applications
6. Global Beta Glucan Market Analysis and Forecast by Region
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Region
6.2.2. Y-o-Y Growth Projections by Region
6.3. Beta Glucan Market Size and Volume Forecast by Region
6.3.1. North America
6.3.2. Latin America
6.3.3. Europe
6.3.4. Asia Pacific
6.3.5. Middle East and Africa (MEA)
6.4. Absolute $ Opportunity Assessment by Region
6.5. Market Attractiveness/Growth Potential Analysis by Region
6.6. Global Beta Glucan Demand Share Forecast, 2019-2026
7. North 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
7.2. North America Beta Glucan Market Size and Volume Forecast by Country
7.2.1. U.S.
7.2.2. Canada
7.3. Absolute $ Opportunity Assessment by Country
7.4. North America Beta Glucan Market Size and Volume Forecast by Applications
7.4.1. Healthcare and Dietary Supplements
7.4.2. Food and Beverage
7.4.3. Other Applications
7.5. Basis Point Share (BPS) Analysis by Applications
7.6. Y-o-Y Growth Projections by Applications
7.7. Market Attractiveness/Growth Potential Analysis
7.7.1. By Country
7.7.2. By Product Type
7.7.3. By Application
7.8. North America Beta Glucan Demand Share Forecast, 2019-2026
8. Latin America 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. Latin America Average Pricing Analysis
8.2. Latin America Beta Glucan Market Size and Volume Forecast by Country
8.2.1. Brazil
8.2.2. Mexico
8.2.3. Rest of Latin America
8.3. Absolute $ Opportunity Assessment by Country
8.4. Latin America Beta Glucan Market Size and Volume Forecast by Applications
8.4.1. Healthcare and Dietary Supplements
8.4.2. Food and Beverage
8.4.3. Other Applications
8.5. Basis Point Share (BPS) Analysis by Applications
8.6. Y-o-Y Growth Projections by Applications
8.7. Market Attractiveness/Growth Potential Analysis
8.7.1. By Country
8.7.2. By Product Type
8.7.3. By Application
8.8. Latin America Beta Glucan Demand Share Forecast, 2019-2026
9. Europe 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. Europe Average Pricing Analysis
9.2. Europe Beta Glucan Market Size and Volume Forecast by Country
9.2.1. Germany
9.2.2. France
9.2.3. Italy
9.2.4. U.K.
9.2.5. Spain
9.2.6. Russia
9.2.7. Rest of Europe
9.3. Absolute $ Opportunity Assessment by Country
9.4. Europe Beta Glucan Market Size and Volume Forecast by Applications
9.4.1. Healthcare and Dietary Supplements
9.4.2. Food and Beverage
9.4.3. Other Applications
9.5. Basis Point Share (BPS) Analysis by Applications
9.6. Y-o-Y Growth Projections by Applications
9.7. Market Attractiveness/Growth Potential Analysis
9.7.1. By Country
9.7.2. By Product Type
9.7.3. By Application
9.8. Europe Beta Glucan Demand Share Forecast, 2019-2026
10. Asia Pacific 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. Asia Pacific Average Pricing Analysis
10.2. Asia Pacific Beta Glucan Market Size and Volume Forecast by Country
10.2.1. China
10.2.2. Japan
10.2.3. South Korea
10.2.4. India
10.2.5. Australia
10.2.6. Rest of Asia Pacific (APAC)
10.3. Absolute $ Opportunity Assessment by Country
10.4. Asia Pacific Beta Glucan Market Size and Volume Forecast by Applications
10.4.1. Healthcare and Dietary Supplements
10.4.2. Food and Beverage
10.4.3. Other Applications
10.5. Basis Point Share (BPS) Analysis by Applications
10.6. Y-o-Y Growth Projections by Applications
10.7. Market Attractiveness/Growth Potential Analysis
10.7.1. By Country
10.7.2. By Product Type
10.7.3. By Application
10.8. Asia Pacific Beta Glucan Demand Share Forecast, 2019-2026
11. Middle East & Africa Beta Glucan Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Middle East & Africa Average Pricing Analysis
11.2. Middle East & Africa Beta Glucan Market Size and Volume Forecast by Country
11.2.1. Saudi Arabia
11.2.2. South Africa
11.2.3. UAE
11.2.4. Rest of Middle East & Africa (MEA)
11.3. Absolute $ Opportunity Assessment by Country
11.4. Middle East & Africa Beta Glucan Market Size and Volume Forecast by Applications
11.4.1. Healthcare and Dietary Supplements
11.4.2. Food and Beverage
11.4.3. Other Applications
11.5. Basis Point Share (BPS) Analysis by Applications
11.6. Y-o-Y Growth Projections by Applications
11.7. Market Attractiveness/Growth Potential Analysis
11.7.1. By Country
11.7.2. By Product Type
11.7.3. By Application
11.8. Middle East & Africa Beta Glucan Demand Share Forecast, 2019-2026
12. Competition Landscape
12.1. Global Beta Glucan Market: Market Share Analysis
12.2. Beta Glucan Distributors and Customers
12.3. Beta Glucan Market: Competitive Dashboard
12.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
12.4.1. Cargill
12.4.2. Tate & Lyle PLC
12.4.3. Super Beta Glucan
12.4.4. Sigma Aldrich Corporation
12.4.5. Kerry Group
12.4.6. Garuda International
12.4.7. Specialty Biotech
12.4.8. Biorigin
Segments Covered in the Report
The global beta glucan market has been segmented on the basis of
Category
- Insoluble
- Soluble
Application
- Healthcare and Dietary Supplements
- Food and Beverage
- Other Applications
Source
- Mushroom
- Cereals
- Yeast
- Other Sources
Regions
- Asia Pacific
- North America
- Latin America
- Europe
- Middle East & Africa
Key Players
- Cargill
- Tate & Lyle PLC
- Super Beta Glucan
- Sigma Aldrich Corporation
- Kerry Group
- Garuda International
- Specialty Biotech
- Biorigin
Key players competing in the global beta glucan market include Cargill, Tate & Lyle PLC, Super Beta Glucan, Sigma Aldrich Corporation, Kerry Group, Garuda International, Specialty Biotech, and Biorigin. Some of these players are engaged in several market strategies such as mergers, acquisitions, partnerships, collaborations, capacity expansion, and product launches to enhance their market shares.
Our Clients
Related Reports
Some other reports from this category!
