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.
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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.
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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
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