Beta-Glucan Market Grows with Expanding Applications and Rising Health Trends
Beta-Glucan Market By Source (Cereal, Mushroom, Yeasts, and Seaweed), By Type (Soluble and Insoluble), By Application (Food and Beverages, Personal Care and Cosmetics, Pharmaceuticals, Animal Feed, and Other Applications), By Region and Companies - I
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Overview: Beta-Glucan Market size is expected to be worth around USD 1040.6 Million by 2033, from USD 495.6 Million in 2023, growing at a CAGR of 7.7% during the forecast period from 2023 to 2033. Get a Sample Copy with Graphs & List of Figures @ https://market.us/report/beta-glucan-market/request-sample/ The beta-glucan market is seeing significant growth, primarily driven by its expanding use in the pharmaceutical and nutraceutical sectors. Beta-glucan, a natural polysaccharide found in sources like oats, barley, and certain fungi, is highly valued for its immune-boosting properties. It is increasingly used in dietary supplements and functional foods due to a shift in consumer preferences towards natural and nutritious ingredients. This growing demand for health-promoting supplements, as opposed to synthetic alternatives, is fueling the market's expansion.Manufacturers are also contributing to this growth by enhancing their production processes and utilizing advanced technologies. Innovations in extraction and processing methods are helping to improve the efficacy and availability of beta-glucan. As companies invest in patented technologies and better harvesting techniques, they are able to offer higher quality products and capture a larger share of the market. Overall, the beta-glucan market is thriving as both advancements drive demand for this beneficial ingredient. consumer awareness and technological
Key Market Segments By Source: Cereal Mushroom Yeasts Seaweed By Type: Soluble Insoluble By Application: Food & Beverages Personal Care & Cosmetics Pharmaceuticals Animal Feed Other Applications Source Analysis: In 2023, cereals led the beta-glucan market with a commanding 45.6% share, driven by their high content of this beneficial polysaccharide. Oats, barley, and wheat are key sources, valued for their health benefits and wide usage in food and supplements. Meanwhile, mushroom-based products, such as those from shiitakes and reishi, are prominent in cosmetics due to their unique properties. Type Analysis: In 2023, soluble and insoluble beta-glucan each held over 88% of the market. Soluble beta-glucan is favored for its water solubility and application in food, beverages, and pharmaceuticals, helping manage cholesterol and blood glucose levels. Insoluble beta-glucan is utilized in pharmaceutical biofuels and cosmetics, offering versatility in various formulations. Application Analysis:
Food & beverages dominated the beta-glucan market in 2023, with a 48.9% share due to its nutritional benefits in products like bread and cereals. Personal care & cosmetics also saw significant use, leveraging beta-glucan for its skin-soothing and moisturizing properties. The pharmaceutical industry is expected to grow as beta-glucan's role in drug formulations, particularly from yeast sources, expands. Key Market Players Tate & Lyle PLC Kerry Group PLC Koninklijke DSM NV International Flavors & Fragrances Inc. Merck KGaA Lantmannen Ceapro Inc. Lesaffre Garuda International Inc. Cargill Inc. Biotec BetaGlucans AS Super Beta Glucan Inc. Biothera Pharmaceuticals, Inc. AIT Ingredients Ohly Drivers: Beta-glucan's emerging applications beyond traditional uses are propelling market growth. Recent studies highlight its potential in various industries, such as biodegradable food packaging and renewable adhesives. Research published in the Journal of Applied Polymer Science shows beta-glucan films could replace petroleum-based plastics, offering superior mechanical properties and enhanced environmental sustainability. Restraints: The global rise in diabetes presents a challenge for beta-glucan consumption. Although beta-glucan is beneficial for managing blood sugar levels, its usage remains limited among
individuals with diabetes. With diabetes cases projected to reach 642 million by 2040, effective regulation of beta-glucan intake is crucial. Opportunities: The beta-glucan market holds promise due to its benefits in blood sugar management. As diabetes prevalence increases, the demand for effective, natural solutions like beta-glucan grows. Health-conscious consumers are seeking natural, health-boosting products, and beta-glucan fits this trend. Ongoing research into additional benefits, such as immune support and heart health, could expand its applications. Challenges: Awareness and accessibility remain significant challenges for beta-glucan. Many people are unfamiliar with its benefits, and products containing beta-glucan can be costly or hard to find. Continued research is needed to fully understand its advantages, and the competitive market of health products requires beta-glucan to differentiate itself.
