Beta-Glucan Market Overview
The Beta-Glucan Market size accounted for USD 0.51 Billion in 2023 and is estimated to account for 0.62 Billion in 2024. The Market is expected to reach USD 0.94 Billion by 2034 growing at a compound annual growth rate (CAGR) of 8.14% from 2024 to 2034. The Beta-Glucan Market refers to the industry and economic sector involved in the production, distribution, and consumption of beta-glucans, which are naturally occurring polysaccharides found in the cell walls of cereals, yeast, fungi, and certain bacteria. Beta-glucans are known for their health benefits, including immune system modulation, cholesterol reduction, and potential anti-cancer properties.
The beta-glucan market is driven by factors such as increasing consumer awareness of health benefits, growing demand for natural and functional ingredients, and advancements in research and development.
Global Beta-Glucan Market Synopsis
Beta-Glucan Market Dynamics
The major factors that have impacted the growth of Beta-Glucan Market are as follows:
Drivers:
Ø Advancements in Research and Development
Ongoing research into the health benefits and applications of beta-glucans continues to reveal new opportunities and uses, which drives innovation and market growth. Increasing awareness about health and wellness is leading consumers to seek out products with proven health benefits. This trend is fueling the growth of the beta glucan market as people look for natural ways to improve their health. The expanding dietary supplements industry is a major driver. Beta glucans are commonly used in dietary supplements to support immune health and overall well-being.
Restraint:
- Perception of High Production Costs and Quality Control Issues
The cost of producing high-quality beta-glucans can be relatively high due to the complex extraction and processing methods involved. This can make beta-glucan-containing products more expensive for consumers and limit market growth. Ensuring consistent quality and purity of beta-glucan products can be challenging. Variations in quality can affect consumer trust and product efficacy, impacting market growth.
Opportunity:
⮚    Increasing Health Consciousness
As consumers become more health-conscious and seek natural ways to improve their well-being, beta-glucan products that support immune health, heart health, and overall wellness are likely to see increased demand. There is potential for innovation in creating new beta-glucan formulations and applications. This includes integrating beta-glucans into novel products, such as advanced dietary supplements, functional snacks, and fortified beverages. The rising preference for natural and organic products aligns with the use of beta-glucans, which are naturally derived. This trend provides opportunities to position beta-glucan products as part of the natural and organic product segment.
Beta-Glucan Market Segment Overview
Based on Type, the market is segmented based on Grains and cereal, Mushroom, Yeast and Seaweed. The yeasts segment dominant the market. Beta-glucan extracted from yeast is preferred, as it has skin-soothing benefits. Unlike its counterparts derived from barley or oats, yeast-derived beta-glucan is particularly sought after for its high purity and bioactivity.
By Application
Based on Application, the market has been divided into Food & beverage, Personal care, Pharmaceutical, Dietary supplement and Animal feed. The food and beverage segment dominant the market. Oats, barley, yeast, and some types of mushrooms contain a soluble fiber called beta-glucan. It has become well-known for its many health advantages, which include lowering cholesterol, boosting the immune system, and possibly having anti-inflammatory qualities. Within the food sector, beta-glucan is frequently used in many products, including dairy products, cereal bars, bread, and beverages. It is commonly added to improve these goods’ nutritional profiles and satisfy consumer desire for functional foods—foods that provide health advantages beyond simple sustenance.
Global Beta-Glucan Market Regional Analysis
Based on region, the global Beta-Glucan Market has been divided into North America, Europe, Asia-Pacific, the Middle East & Africa, and Latin America. North America is projected to dominate the use of the Beta-Glucan Market followed by the Asia-Pacific and Europe regions.
Beta-Glucan North America Market
North America holds a dominant position in the Beta-Glucan Market. North America, the market for beta-glucans is driven by high consumer awareness of health benefits and a strong dietary supplements industry. There is also significant investment in research and development of new beta-glucan products. Regulatory support for health claims and a well-established market for functional foods further support growth and North America is currently the largest consumer of beta-glucan products, primarily due to the high awareness of health benefits and the well-established market for dietary supplements and functional foods.
Beta-Glucan Asia-Pacific Market
The Asia-Pacific region has indeed emerged as the fastest-growing market for the Beta-Glucan Market industry. The Asia Pacific region is witnessing the most rapid growth in the beta-glucan market, fueled by increasing urbanization, rising disposable incomes, and growing awareness of health benefits. The region’s large population and the increasing prevalence of lifestyle-related diseases are driving demand for natural health solutions and rapid economic growth and increasing health awareness are driving the beta-glucan market in China and India. There is a growing demand for dietary supplements and functional foods.
Competitive Landscape
The global Beta-Glucan Market is highly competitive, with numerous players offering a wide range of software solutions. The competitive landscape is characterized by the presence of established companies, as well as emerging startups and niche players. To increase their market position and attract a wide consumer base, the businesses are employing various strategies, such as product launches, and strategic alliances.
Prominent Players:
- CARGILL INC
- Tate & Lyle Plc
- Frutarom
- KONINKLIJKE DSM N.V
- Frutarom
- GARUDA INTERNATIONAL INC
- Ohly GmbH
- Super Beta Glucan
- Lesaffre Human Care
Key Development
In July 2023, medicine manufacturer Dr. Reddy’s Laboratories introduced CeleHealth Kidz Immuno Plus Gummies to the Indian market, marking their entry into the infant nutrition sector. The product attempts to meet the dietary needs related to the increasing worries about kid immunity in India.
In July 2023, BENEO announced the launch of the company’s first barley beta-glucan ingredient, the Orafti β-Fit, for heart health and blood sugar management. This new launch is expected to improve BENEO’s global market reach in the fiber and cardio-metabolic health markets.
Scope of the Report
Global Beta-Glucan Market, by Type
- Grains and cereal
- Mushroom
- Yeast
- Seaweed
Global Beta-Glucan Market, by Application
- Food & beverage
- Personal care
- Pharmaceutical
- Dietary supplement
- Animal feed
Global Beta-Glucan Market, by Region
- North America
- US
- Canada
- Mexico
- Europe
- UK
- Germany
- France
- Italy
- Spain
- Benelux
- Nordic
- Rest of Europe
- Asia Pacific
- China
- Japan
- South Korea
- Indonesia
- Austalia
- Malaysia
- India
- Rest of Asia Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- Saudi Arabia
- UAE
- Egypt
- South Africa
- Rest of Middle East & Africa
Parameters | Indicators |
---|---|
Market Size | 2034: USD 0.94 Billion |
CAGR (2023-2033) | 8.14% |
Base year | 2022 |
Forecast Period | 2024-2034 |
Historical Data | 2021 (2017 to 2020 On Demand) |
Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
Key Segmentations | Type, Application |
Geographies Covered | North America, Europe, Asia-Pacific, South America, Middle East, Africa |
Key Vendors | CARGILL INC, Tate & Lyle Plc, Frutarom, KONINKLIJKE DSM N.V, Frutarom, GARUDA INTERNATIONAL INC, Ohly GmbH, Super Beta Glucan and Lesaffre Human Care. |
Key Market Opportunities | ·      Increasing Health Consciousness
·      Innovation in Product Development |
Key Market Drivers | ·      Advancements in Research and Development
·      Growth in Dietary Supplements Market |
REPORT CONTENT BRIEF:
- High-level analysis of the current and future Beta-Glucan Market trends and opportunities
- Detailed analysis of current market drivers, restraining factors, and opportunities in the future
- Beta-Glucan Market historical market size for the year 2021, and forecast from 2023 to 2033
- Beta-Glucan Market share analysis at each product level
- Competitor analysis with detailed insight into its product segment, Government & Defense strength, and strategies adopted.
- Identifies key strategies adopted including product launches and developments, mergers and acquisitions, joint ventures, collaborations, and partnerships as well as funding taken and investment done, among others.
- To identify and understand the various factors involved in the global Beta-Glucan Market affected by the pandemic
- To provide a detailed insight into the major companies operating in the market. The profiling will include the Government & Defense health of the company’s past 2-3 years with segmental and regional revenue breakup, product offering, recent developments, SWOT analysis, and key strategies.