The beta-glucans market was worth US$ 1.23 billion in 2023, 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 has been divided into two categories based on functionality: soluble beta-glucan and insoluble beta-glucan. In 2014, the soluble beta-glucan category accounted for 63.1% of the global beta-glucan market and is predicted to grow at a strong 7.1% CAGR during the forecast period. The insoluble beta-glucan segment accounted for 36.8% of the worldwide beta-glucan market in 2014 and is predicted to grow at a 6.8% CAGR during 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 component is further subdivided into oats and barley. Oats’ revenue contribution was 69.3% in 2014 and is expected to fall to 68.8% by 2025, gaining 40 basis point share (BPS) and registering a 7.1% CAGR. Furthermore, barley’s revenue contribution was 30.7% in 2014 and is expected to rise to 31.2% by 2025, increasing 50 BPS and generating a 7.3% CAGR. Between 2015 and 2025, the yeast segment is predicted to grow at a CAGR of 6.9%, while the others (mushroom) segment is expected to grow at a CAGR of 6.6%, losing 30 BPS.
Unleash Knowledge’s Power! Request Our Report Sample Today for Enhanced Understanding
https://www.futuremarketinsights.com/reports/sample/rep-gb-489
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.
Lift the Veil on Our Methodological Excellence
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
Author
Nandini Roy Choudhury (Client Partner for Food & Beverages at Future Market Insights, Inc.) has 7+ years of management consulting experience. She advises industry leaders and explores off-the-eye opportunities and challenges. She puts processes and operating models in place to support their business objectives.
She has exceptional analytical skills and often brings thought leadership to the table.
Nandini has vast functional expertise in key niches, including but not limited to food ingredients, nutrition & health solutions, animal nutrition, and marine nutrients. She is also well-versed in the pharmaceuticals, biotechnology, retail, and chemical sectors, where she advises market participants to develop methodologies and strategies that deliver results.
Her core expertise lies in corporate growth strategy, sales and marketing effectiveness, acquisitions and post-merger integration and cost reduction. Nandini has an MBA in Finance from MIT School of Business. She also holds a Bachelor’s Degree in Electrical Engineering from Nagpur University, India.
Nandini has authored several publications, and quoted in journals including Beverage Industry, Bloomberg, and Wine Industry Advisor.
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
