The Market For Beta-Glucans had a market share valued at US$ 1.23 Billion in 2022, and it is anticipated to rise at a steady CAGR of 5.7% from 2023 to 2033 to attain an estimated value of US$ 2.3 Billion.
The growing consumer preference for plant-based foods and food components that may meet nutrient needs and increase nutrient intake in daily diets is a primary driver of the worldwide beta-glucan market. In the next years, it is expected that the expanding worldwide population, growing awareness of the importance of nutrition, and cutting-edge extraction technologies would propel and drive the market.
Manufacturers of nutraceuticals are focusing on developing a variety of all-natural supplements that incorporate beta-glucan’s health advantages in order to boost the body’s immune and digestive systems. The use of beta-glucan in manufacturing has expanded over the past several years as a consequence of the expanding global popularity of the “go-green trend” as well as plant-derived food components. The future expansion of beta-glucan in the global market is guaranteed by the anticipation of the forthcoming environment and the growing need for such nutrient-infused solutions.
Request Your Sample Report Today: https://www.futuremarketinsights.com/reports/sample/rep-gb-489
Key Takeaways from the Market Study
- According to estimates, the market for beta-glucans was worth US$ 1.16 billion worldwide in 2018.
- The beta-glucans market saw a considerable increase in sales from 2018 to 2022, with a CAGR of 2.2%.
- The market share of soluble beta-glucans increased to more than 40% in 2022.
- The cereals and grains market was predicted to have 39% of the market in 2022.
- The beta-glucans market in the US increased its worldwide market share to 28.9% in 2022.
- The beta-glucans market in the United Kingdom is anticipated to develop at a 5.6% CAGR between 2023 and 2033.
“The beneficial beta-glucan products are specifically created to meet the needs of global consumers who have strong associations with a wide range of applications, including dietary supplements, functional foods, personal care products, and many more in the global marketplace,” remarks an FMI analyst.
The key players in the Beta-glucans market include:
- Tate & Lyle Plc.
- Koninklijke DSM N.V.
- Garuda International Inc.
- Cargill Inc.
- Kerry Group Plc.
- Ceapro Inc.
- Biotec BetaGlucans AS
- Super Beta Glucan
- Alltech Life Sciences
Competitive Landscape
A widely scattered beta-glucan industry has resulted from the entry of several local and domestic companies onto the global market. The manufacturers of beta-glucan are actively capitalizing on expanding the distribution network, implementing cost-saving strategies, and positioning a range of beta-glucan products on the global market.
Private-label and region-dominant firms have established new standards for the research and development of cost-effective specialty glucans, including those made from cereals as well as algae. Major producers of organic components are being enticed by this to expand their product ranges and introduce new products faster in the coming years. The following are some significant advancements in the beta-glucans industry:
- Kemin Industries introduced beta-glucan as a potential immunomodulator in 2020. The unbranched 1,3 beta-glucan generated by Euglena can be utilized as a supplement to help modulate the immune system.
- According to research released by NCBI, in 2020, as awareness of the value of dietary fiber-rich foods grows, beta-glucan will increasingly be added to foods like pasta and oats because of their high fiber content.
- Beta-glucan has been shown to be an effective supplementary treatment for mild atopic dermatitis (eczema) in the 2016 Journal on dermatologist treatment. In 2020, beta-glucan was found to exhibit efficient antioxidant features, that address several skin concerns, from calming and hydrating dry skin to eliminating the appearance of fine lines & wrinkles.
Maximize Growth Potential Grab Your Report Today: https://www.futuremarketinsights.com/checkout/489
Key Segments Profiled in the Beta-glucans Market
By Source:
- Yeast
- Cereal
- Barley
- Oats
- Others
By Functionality:
- Insoluble beta-glucan
- Soluble beta-glucan
By Application:
- Bakery Products
- Food & Beverages
- Cosmetics & Personal Care
- Dairy & Frozen Products
- Health & Dietary Supplements
- Others
By Region:
- North America
- Latin America
- Western Europe
- Eastern Europe
- South Asia and Pacific
- East Asia
- Middle East & Africa
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 400 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
