The global oat beta-glucan market is projected to reach USD 623.2 million in 2022. Driven by shifting consumer dietary patterns and rising oat consumption, demand for oat beta-glucan is expected to grow significantly. According to FMI, the market is anticipated to reach USD 846.1 million by 2032, with a compound annual growth rate (CAGR) of 8.3% during the forecast period from 2022 to 2032.
Oat beta-glucan is a water-soluble glucan primarily extracted from the endosperm of oat kernels. Its growing popularity is largely due to its significant role as a major source of soluble fiber in the diet.
Its capacity to lower the risk of cardiovascular diseases is a key driver likely to boost oat beta-glucan sales in the coming years. It effectively reduces both low-density lipoprotein (LDL) cholesterol and total serum cholesterol.
Oat beta-glucan is now widely used in the cosmetics and personal care industry. Manufacturers incorporate it into powders, ointments, and lotions due to its ability to reduce the risk of skin disorders and stimulate collagen production.
The rising demand for clean-label ingredients worldwide is expected to drive market growth in the future. Consumers are increasingly looking for natural products that promote health without altering the taste of their food. Consequently, manufacturers are anticipated to invest heavily in research and development to create innovative oat beta-glucan-based products.
Oat Beta-Glucan Market: Regional Analysis
The demand for oat beta-glucan is anticipated to increase in the North America region. The increasing demand for health food products and natural cosmetics are a few drivers for the increase in demand for oat beta-glucan. According to the Centers for Disease Control and Prevention, in the US, about 610,000 individuals die due to heart diseases every year and is the leading cause of death among men as well as women. Thus, the demand for heart health supplements is estimated to increase, which creates the opportunity for the manufacturers of oat beta-glucan.
Oat Beta-Glucan Market: Key Participants
Some of the key market players in the Oat Beta-Glucan market are:
- Koninklijke DSM N.V.
- Naturex
- Garuda International, Inc.
- Ceapro Inc.
- Tate & Lyle PLC
- Fazer
The research report presents a comprehensive assessment of the Oat Beta-Glucan market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as nature and end-use.
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Key Segments Profiled in the Oat Beta-Glucan Industry Survey
By Nature:
- Organic
- Conventional
By End Use:
- Food and Beverage
- Pharmaceutical
- Nutraceutical
- Dietary Supplements
- Cosmetic and Personal Care
- Animal Nutrition
By Region:
- North America
- Latin America
- Western Europe
- Eastern Europe
- APEJ
- Japan
- Middle East and Africa
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