Global beta-glucan market is expected to register growth at a significant rate during the forecast period, 2023-2027. The market growth can be attributed to the growing health consciousness among end users as a result of improved living standards. Moreover, the increasing adoption of beta-glucan in food and beverages as an additive, coupled with the rising use of beta-glucan as a functional food and a nutraceutical are likely to propel the growth of the market further. Rising consumer shift towards the plant-derived foods and food supplements that can fulfil the nutrient requirements is also likely to propel the growth of the global beta-glucan market. Additionally, rapid expansion of the nutraceutical sector across the world and growing demand for functional foods among athlete, gym-goes, and other health-conscious population is likely to boost the market growth. Furthermore, enhanced focus of nutraceutical manufacturers on offerings and formulation of varied and natural supplements infused with benefits of beta-glucan to improve the gut and immune health of the body is anticipated to fuel the market growth.
Global beta-glucan market is segmented on the basis of category, source, application, and region. Based on the source, the market is segmented into cereal, seaweed, yeast, mushroom and others. The cereal segment is expected to grow at the highest CAGR by 2027, owing to the high production and adoption of cereal such as oat and barley. Based on application, the market is divided into functional food & beverages, animal feed, pharmaceuticals, and others. The pharmaceutical segment leads the market and is expected to maintain its position during the forecast period, owing to the rising use of beta-glucan as a nutraceutical for improving immunity. Geographically, North America is anticipated to grow at the highest CAGR during the forecast period due to increasing consumer preference towards functional foods and nutraceuticals in constituent regions like the United States and Canada.
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Some of the leading players in the global beta-glucan market are Cargill, Kerry Group plc, Tate & Lyle, Royal DSM, Ohly, Frutarom, MilliporeSigma, Super Beta Glucan, Garuda International, Lesaffre Human Care, etc.
| Attribute | Details |
| Historic Data | 2017 – 2020 |
| Estimated Year | 2022 |
| Forecast Period | 2023 – 2027 |
| Quantitative Units | Revenue in USD Million, Volume in Units, CAGR for 2017-2021 and 2022-2027 |
| Report coverage | Revenue Forecast, Volume Forecast, Company Share, Competitive Landscape, Growth Factors, And Trends |
| Segments covered | · By Category · By Source · By Application |
| Region scope | Asia Pacific; Europe; North America; South America; Middle East & Africa |
| Country scope | China, India, Japan, South Korea, Australia, Singapore, Malaysia, France, Germany, United Kingdom, Italy, Spain, United States, Canada, Mexico, Brazil, Argentina, Colombia, South Africa, Saudi Arabia, UAE, Qatar |
| Key companies profiled | Cargill, Kerry Group plc, Tate & Lyle, Royal DSM, Ohly, Frutarom, MilliporeSigma, Super Beta Glucan, Garuda International, Lesaffre Human Care |
| Customization scope | 10% free report customization with purchase. Addition or alteration to regional & segment scope. |
| Pricing and purchase options | Avail customized purchase options to meet your exact research needs. Explore purchase options |
| Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
