The global beta-glucan market is estimated at nearly USD 403.8 million in 2020 and is projected to reach nearly USD 628.3 million by 2026, growing at a CAGR of 7.6%. The key drivers of the market are growing health consciousness among consumers which is supporting the shift in demand from processed to healthy food, functional, and superfoods. Nowadays, consumers have become more conscious of their health and maintain it proactively through healthy living.
On the basis of source, the market is segmented into yeast, grains and cereal, seaweed, and mushroom. High production and conventional source of beta-glucan to drive the use of cereals & grains source for the manufacture of beta-glucan. Oats contain more beta-glucan than the hulled ones. Barley fiber plays a beneficial role in improving human health. Due to the particular structure, cereal beta-glucans generate viscosity within the intestinal tract, which is thought to be the main mechanism of action responsible for their positive health effects. This has resulted the cereals & grain to hold the largest market share in the beta-glucan market.
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Based on category, the beta-glucan is market is divided into soluble and insoluble. The soluble category is expected to hold a larger market share and is also expected to grow at a higher growth rate. Soluble beta-glucan is found in a significant amount in fruit, vegetables, oats, barley, and pulses, such as beans, lentils, and peas. It forms a gel in the intestine, which is thought to slow down the digestion and absorption of carbohydrates, especially glucose. Thus, it helps keep blood sugar levels steady, preventing dips. Soluble beta-glucan fiber can be found in good amounts in oats, binds with cholesterol. It prevents getting reabsorbed into the bloodstream, thereby lowering the risk of heart disease. These are a few primary reasons that has boosted the market for soluble beta-glucan.
The beta-glucan market in Asia Pacific is projected to hold a significant market share in the beta-glucan market. The region has witnessed busy lifestyles and increasing disposable incomes, further increasing the demand for fortified nutritional food & beverage products. The application of beta-glucan is expected to increase at a faster pace due to the increasing demand from consumers. Yeast beta-glucan is one of the rapidly growing segments in this region. Mushroom-derived materials have been used in Asia for centuries for health purposes. Much of the mushroom-based research has been conducted in Asian research laboratories. Key markets in the Asia-Pacific region include China, India, Japan, and Australia. This has helped the market for beta-glucan to grow in Asia-Pacific region.
This report includes a study on the marketing and development strategies, along with a survey of the product portfolios of the leading companies operating in the beta-glucan market. It includes the profiles of leading companies, such as Cargill Inc (US), Tate & Lyle Plc (UK), Kerry Group Plc (Ireland), Koninklijke DSM N.V. (Netherlands), Frutarom (Israel), Garuda International Inc (US), Ohly GmbH (Germany), Milliporesigma (US), Super Beta Glucan (US), Lesaffre Human Care (France), Kemin Industries (US), Angel Yeast Co Ltd (China), Biotec BetaGlucans AS (Norway), AIT Ingredients (France), Biorigin Zilor (Brazil), Ceapro Inc (Canada), Specialty Biotech Co Ltd (Thailand), and Alltech Life Sciences (US) among others.
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