The beta-glucans market was worth US$ 1.23 billion in 2022, and it is expected to be worth US$ 2.3 billion by 2033, rising at a steady CAGR of 5.7% from 2023 to 2033.
The market for beta-glucans is expanding rapidly due to growing knowledge of their health advantages, such as the support they provide for the immune system and the reduction of cholesterol. The demand for beta-glucans across a variety of industries, including food, supplements, and cosmetics, keeps rising as customers seek out natural and useful components, creating a positive market trajectory.
Stay Informed: Discover the Impact of Rising Investments in beta-glucan market Units – Download Our Sample Report! @
https://www.futuremarketinsights.com/reports/sample/rep-gb-489
On the basis of functionality type, the market has been segmented into soluble beta-glucan and insoluble beta-glucan. The soluble beta-glucan segment accounted for 63.1% share of the global beta-glucan market in 2014, and is expected to register healthy CAGR of 7.1% over the forecast period. Insoluble beta-glucan segment accounted for 36.8% share of the global beta-glucan market in 2014, and is expected to register CAGR of 6.8% over the forecast period.
The market has been divided into three categories based on source type: grain, yeast, and others (mushroom). A strong CAGR equal to that predicted for the global beta-glucan market over the projection period is anticipated for the cereal category, which held a 45.2% share of the global beta-glucan market in 2014.
The cereal segment is sub-segmented into oats and barley. Revenue contribution of oats was 69.3% in 2014 and is projected to decrease to 68.8% by 2025, gaining 40 basis point share (BPS) and registering a CAGR of 7.1%. Furthermore, revenue contribution of barley was 30.7% in 2014, and is projected to increase to 31.2% by 2025, gaining 50 BPS and registering a CAGR of 7.3%. Yeast segment is expected to register CAGR of 6.9% between 2015 and 2025 and others (mushroom) segment is expected to register a CAGR of 6.6%, losing 30 BPS.
On the basis of application type, the market has been segmented into food and beverage, bakery products, health and dietary supplements, dairy and frozen products, cosmetics and personal care and others (animal feed). The health and dietary supplement segment accounted for 33.7% share of the global beta-glucan market in 2014, and is expected to register healthy CAGR of 7.1% over the forecast period.
Growth of the global beta-glucan market is mainly driven by rising health awareness and new functional food product launches, growing disposable income, increasing promotional activities and growing technological advancements in beta-glucan extraction techniques. Other trends driving market growth include expansion and product enhancement strategies by various players in the market.
This report covers trends driving each segment and respective sub-segments and offers analysis and insights of the potential of the beta-glucan market in specific regions. Western Europe dominated the beta-glucan market with over 36.1% market share in 2014, and is anticipated to remain dominant by 2025. North America and Asia Pacific Excluding Japan collectively accounted for over 40% of the total beta-glucan market share in 2014. Among all the regions, Western Europe is anticipated to register the highest CAGR between 2015 and 2025, followed by North America due to increasing health concerns and government approvals in these region.
Uncover the Key to Our Methodological Success @ https://www.futuremarketinsights.com/request-report-methodology/rep-gb-489
Key players in the global beta-glucan market include Associated British Foods Plc., Biothera the Immune Health Company, Ceapro Inc., and Koninklijke DSM N.V. Major participants such as Biothera Inc. and Tate and Lyle focus on research and development activities to enhance product portfolio in order to sustain in the competitive market. In addition, these key players focus on expanding exclusive functional food product portfolio through acquisition of various raw materials and end-product manufacturing companies with the objective to enhance market position. In early 2015 for instance, First Endurance launched multi-vitamin product MuliV-Pro using beta-glucan derived from Wellume Yeast, a product from Biothera the Immune Health Company. This product helps to improve athlete’s performance by supporting immune health.
Market segmentation for Beta Glucan
By Source:
- Yeast
- Cereal
- Barley
- Oats
- Others (mushrooms)
By functionality:
- Insoluble beta-glucan
- Soluble beta-glucan
By Application:
- Bakery Products
- Food & Beverages
- Cosmetics & Personal Care
- Dairy & Frozen Products
- Health & Dietary Supplements
- Others ( Animal Feed)
By Region:
- Latin America
- North America
- Europe
- The Asia Pacific
- Africa
- The Middle East
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
Contact Us:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube
