Beta Glucan Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032
Growth Factors of Beta Glucan Market
The beta glucan market size was valued at USD 313.90 million in 2018, and the market is now projected to grow USD 847.27 million in 2032 exhibiting a CAGR of 7.38% during the forecast period of 2019-2032.
The COVID-19 incident affected the Beta Glucan market in the initial stages due to fluctuations in availability and manufacturing. Nonetheless, due to raising cognizance about immunity-boosting elements, Beta Glucan found itself in the higher demand in health supplementations and functional food. Health-consciousness thrust forward during the pandemic period greatly enhanced the buying propensity consumers had for products with immune fortifying characteristics. Consequently, the Beta Glucan market staged a vigorous recovery and has since enjoyed a progressive increase in applications in the food and beverages industry and nutraceuticals. In general, the market is also expected to be developing further as people focus more on their health and immunity.
The global market for Beta Glucan is boosted by the development of the nutraceutical industry all over the world showing more and enforcement for new strategies of supplement requirement. Functional foods and dietary supplements are gaining more and more attention as regular foods and a part of diets. Nutrition enhanced food products are particularly popular among people who are into exercises and athletics. There is increased demand for these health enriching products due to change of heart in adopting healthier lifestyles. The following trend is greatly contributing to the growth of the Beta Glucan market as pointed out below.
The major driver for the Beta Glucan market is the spiraling demand for plant base foods and other ingredients that can be consumed daily as a part of a healthy diet. Population is increasing day by day around the globe, eventually there is a great requirement of more productions of foods containing nutrients values. Consumers are gaining more knowledge in eating right which will increase the size of the market even further. Advances in extraction technology are also improving beta glucan yield and availability for use on the market. These factors are believed to drive the growth of the Beta Glucan market in the next several years significantly.
Comprehensive Analysis of Beta Glucan Market
The beta glucan market growth is also increasing exponentially because of the segmentation of its market. This market expansion rightly provides a thorough market breakdown near to the industry considering the leading supply and demand forces. These segmentations are methodically segregated by source analysis, by application analysis and by type analysis. By source analysis incudes yeast, mushroom, cereals and microalgae. By application analysis incudes food & beverages, animal feed, personal care, pharmaceuticals, and others. By type analysis incudes (1,3) Beta Glucan, (1,4) Beta Glucan and (1,6) Beta Glucan.
The North America region lead the beta glucan market share by benefitting a market size of USD 139.80 million in 2018 due to its advanced healthcare infrastructure.
Top players in the market have their responsibility of food & beverages industrial prospectus growth of the retailing industry and the markets. These players include, Kerry Group plc, Givaudan SA, Koninklijke DSM N.V., Euglena Co. Ltd, Biotec Pharmacon ASA, Tate & Lyle plc., Lesaffre Group, Kemin Industries, Inc., ABF Ingredients, Super Beta Glucan, and Garuda International, Inc. these market players provide a level-playing competitive landscape.
In November 2019, Kerry Group plc launched the Kerry TrendSpotter AI platform, developed with IBM Watson, to analyse consumer needs and predict future demand and market trends for Beta Glucan and other natural food ingredients.
Segmentation Table
ATTRIBUTE DETAILS
Study Period 2015-2026
Base Year 2018
Forecast Period 2019-2026
Historical Period 2015-2017
Unit Value (USD Million)
Segmentation By Source
Yeast
Mushroom
Cereals
Microalgae
By Application
Food & Beverages
Animal Feed
Personal Care
Pharmaceuticals
Others
By Type
(1,3) Beta Glucan
(1,4) Beta Glucan
(1,6) Beta Glucan
By Region
North America (U.S., Canada, and Mexico)
Europe (U.K., France, Italy, Spain, Germany, and the Rest of Europe)
Asia Pacific (China, India, Japan, Australia, and the Rest of Asia Pacific)
South America (Brazil, Argentina, and the Rest of South America)
Middle East & Africa (South Africa, UAE, and the Rest of the MEA)Please Note: It will take 5-6 business days to complete the report upon order confirmation.
- 1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
- 2. Executive Summary
- 3. Market Dynamics
- 3.1. Market Drivers
- 3.2. Market Restraints
- 3.3. Market Opportunities
- 4. Key Insights
- 4.1. Overview of the Global Functional Food Market
- 4.2. Overview of the Global Dietary Supplements Market
- 4.3. Beta Glucan Supply Chain Analysis
- 4.4. Recent Industry Developments - Mergers & Acquisitions, Expansions, Partnerships, and Investments
- 5. Global Beta Glucan Market Analysis, Insights and Forecast, 2015-2026
- 5.1. Key Findings / Summary
- 5.2. Market Size Estimates and Forecast
- 5.2.1. By Source
- 5.2.1.1. Yeast
- 5.2.1.2. Mushroom
- 5.2.1.3. Cereals
- 5.2.1.4. Microalgae
- 5.2.2. By Application
- 5.2.2.1. Food & Beverages
- 5.2.2.2. Animal Feed
- 5.2.2.3. Personal Care
- 5.2.2.4. Pharmaceutical
- 5.2.2.5. Others
- 5.2.3. By Type
- 5.2.3.1. (1,3) Beta Glucan
- 5.2.3.2. (1,4) Beta Glucan
- 5.2.3.3. (1,6) Beta Glucan
- 5.2.4. By Region
- 5.2.4.1. North America
- 5.2.4.2. Europe
- 5.2.4.3. Asia Pacific
- 5.2.4.4. South America
- 5.2.4.5. Middle East & Africa
- 6. North America Beta Glucan Market Analysis, Insights and Forecast, 2015-2026
- 6.1. Key Findings / Summary
- 6.2. Market Size Estimates and Forecast
- 6.2.1. By Source
- 6.2.1.1. Yeast
- 6.2.1.2. Mushroom
- 6.2.1.3. Cereals
- 6.2.1.4. Microalgae
- 6.2.2. By Application
- 6.2.2.1. Food & Beverages
- 6.2.2.2. Animal Feed
- 6.2.2.3. Personal Care
- 6.2.2.4. Pharmaceutical
- 6.2.2.5. Others
- 6.2.3. By Type
- 6.2.3.1. (1,3) Beta Glucan
- 6.2.3.2. (1,4) Beta Glucan
- 6.2.3.3. (1,6) Beta Glucan
- 6.2.4. By Country
- 6.2.4.1. U.S.
- 6.2.4.2. Canada
- 6.2.4.3. Mexico
- 7. Europe Beta Glucan Market Analysis, Insights and Forecast, 2015-2026
- 7.1. Key Findings / Summary
- 7.2. Market Size Estimates and Forecast
- 7.2.1. By Source
- 7.2.1.1. Yeast
- 7.2.1.2. Mushroom
- 7.2.1.3. Cereals
- 7.2.1.4. Microalgae
- 7.2.2. By Application
- 7.2.2.1. Food & Beverages
- 7.2.2.2. Animal Feed
- 7.2.2.3. Personal Care
- 7.2.2.4. Pharmaceutical
- 7.2.2.5. Others
- 7.2.3. By Type (Value)
- 7.2.3.1. (1,3) Beta Glucan
- 7.2.3.2. (1,4) Beta Glucan
- 7.2.3.3. (1,6) Beta Glucan
- 7.2.4. By Country (Value)
- 7.2.4.1. Germany
- 7.2.4.2. France
- 7.2.4.3. Spain
- 7.2.4.4. Italy
- 7.2.4.5. U.K.
- 7.2.4.6. Rest of Europe
- 8. Asia Pacific Beta Glucan Market Analysis, Insights and Forecast, 2015-2026
- 8.1. Key Findings / Summary
- 8.2. Market Size Estimates and Forecast
- 8.2.1. By Source
- 8.2.1.1. Yeast
- 8.2.1.2. Mushroom
- 8.2.1.3. Cereals
- 8.2.1.4. Microalgae
- 8.2.2. By Application
- 8.2.2.1. Food & Beverages
- 8.2.2.2. Animal Feed
- 8.2.2.3. Personal Care
- 8.2.2.4. Pharmaceutical
- 8.2.2.5. Others
- 8.2.3. By Type
- 8.2.3.1. (1,3) Beta Glucan
- 8.2.3.2. (1,4) Beta Glucan
- 8.2.3.3. (1,6) Beta Glucan
- 8.2.4. By Country
- 8.2.4.1. China
- 8.2.4.2. India
- 8.2.4.3. Japan
- 8.2.4.4. Australia
- 8.2.4.5. Rest of Asia Pacific
- 9. South America Beta Glucan Market Analysis, Insights and Forecast, 2015-2026
- 9.1. Key Findings / Summary
- 9.2. Market Size Estimates and Forecast
- 9.2.1. By Source
- 9.2.1.1. Yeast
- 9.2.1.2. Mushroom
- 9.2.1.3. Cereals
- 9.2.1.4. Microalgae
- 9.2.2. By Application
- 9.2.2.1. Food & Beverages
- 9.2.2.2. Animal Feed
- 9.2.2.3. Personal Care
- 9.2.2.4. Pharmaceutical
- 9.2.2.5. Others
- 9.2.3. By Type
- 9.2.3.1. (1,3) Beta Glucan
- 9.2.3.2. (1,4) Beta Glucan
- 9.2.3.3. (1,6) Beta Glucan
- 9.2.4. By Country
- 9.2.4.1. Brazil
- 9.2.4.2. Argentina
- 9.2.4.3. Rest of South America
- 10. Middle East & Africa Beta Glucan Market Analysis, Insights and Forecast, 2015-2026
- 10.1. Key Findings / Summary
- 10.2. Market Size Estimates and Forecast
- 10.2.1. By Source
- 10.2.1.1. Yeast
- 10.2.1.2. Mushroom
- 10.2.1.3. Cereals
- 10.2.1.4. Microalgae
- 10.2.2. By Application
- 10.2.2.1. Food & Beverages
- 10.2.2.2. Animal Feed
- 10.2.2.3. Personal Care
- 10.2.2.4. Pharmaceutical
- 10.2.2.5. Others
- 10.2.3. By Type
- 10.2.3.1. (1,3) Beta Glucan
- 10.2.3.2. (1,4) Beta Glucan
- 10.2.3.3. (1,6) Beta Glucan
- 10.2.4. By Country (Value)
- 10.2.4.1. South Africa
- 10.2.4.2. UAE
- 10.2.4.3. Rest of the Middle East & Africa
- 11. Competitive Matrix
- 11.1. Business Strategies Adopted by Leading Players
- 12. Global Beta Glucan Market Revenue Share/Ranking Analysis, by Key Manufacturer (2018)
- 13. Company Profiles
- 13.1. Kerry Group Plc.
- 13.1.1. Overview
- 13.1.2. Description
- 13.1.3. Product Portfolio
- 13.1.4. Financials (Data as available in public domain and/or paid databases)
- 13.1.5. Recent Developments
- 13.2. Givaudan SA
- 13.2.1. Overview
- 13.2.2. Description
- 13.2.3. Product Portfolio
- 13.2.4. Financials (Data as available in public domain and/or paid databases)
- 13.2.5. Recent Developments
- 13.3. Koninklijke DSM N.V.
- 13.3.1. Overview
- 13.3.2. Description
- 13.3.3. Product Portfolio
- 13.3.4. Financials (Data as available in public domain and/or paid databases)
- 13.3.5. Recent Developments
- 13.4. Euglena Co. Ltd.
- 13.4.1. Overview
- 13.4.2. Description
- 13.4.3. Product Portfolio
- 13.4.4. Financials (Data as available in public domain and/or paid databases)
- 13.4.5. Recent Developments
- 13.5. Biotec Pharmacon ASA
- 13.5.1. Overview
- 13.5.2. Description
- 13.5.3. Product Portfolio
- 13.5.4. Financials (Data as available in public domain and/or paid databases)
- 13.5.5. Recent Developments
- 13.6. Tate & Lyle plc.
- 13.6.1. Overview
- 13.6.2. Description
- 13.6.3. Product Portfolio
- 13.6.4. Financials (Data as available in public domain and/or paid databases)
- 13.6.5. Recent Developments
- 13.7. Lesaffre Group
- 13.7.1. Overview
- 13.7.2. Description
- 13.7.3. Product Portfolio
- 13.7.4. Financials (Data as available in public domain and/or paid databases)
- 13.7.5. Recent Developments
- 13.8. Kemin Industries, Inc.
- 13.8.1. Overview
- 13.8.2. Description
- 13.8.3. Product Portfolio
- 13.8.4. Financials (Data as available in public domain and/or paid databases)
- 13.8.5. Recent Developments
- 13.9. ABF Ingredients
- 13.9.1. Overview
- 13.9.2. Description
- 13.9.3. Product Portfolio
- 13.9.4. Financials (Data as available in public domain and/or paid databases)
- 13.9.5. Recent Developments
- 13.10. Super Beta Glucan
- 13.10.1. Overview
- 13.10.2. Description
- 13.10.3. Product Portfolio
- 13.10.4. Financials (Data as available in public domain and/or paid databases)
- 13.10.5. Recent Developments
- 13.11. Garuda International, Inc.
- 13.11.1. Overview
- 13.11.2. Description
- 13.11.3. Product Portfolio
- 13.11.4. Financials (Data as available in public domain and/or paid databases)
- 13.11.5. Recent Developments
- 14. Appendix
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