Beta Glucan Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

Beta Glucan Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

The global beta glucan market size reached US$ 477.0 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 729.9 Million by 2028, exhibiting a growth rate (CAGR) of 7.64% during 2023-2028.

Beta-glucans are water-soluble dietary fibers found naturally in the cell walls of bacteria, fungi, yeasts, and various species of plants. They aid in lowering blood serum cholesterol, stimulating the immune system, regulating blood glucose levels, and reducing the risk of developing cardiovascular diseases (CVDs). As a result, they are widely used in medical supplements to help combat numerous health conditions, including eczema, diabetes, allergies, asthma, and heart disorders. Beta-glucans also assist in alleviating the symptoms of fibromyalgia, Crohn's disease, rheumatoid arthritis, ulcerative colitis, and chronic fatigue syndrome.

Beta Glucan Market Trends:
The rising prevalence of chronic diseases, in confluence with the growing preference for herbal medications, represents one of the key factors catalyzing the demand for beta-glucans. This can also be accredited to the increasing awareness among individuals about the benefits of beta-glucans, which include protecting against metabolic syndrome and obesity and decreasing fatigue caused by stress. Moreover, beta-glucans find application in boosting recovery among patients undergoing surgeries, using immunotherapy and other cancer treatments, or suffering from human immunodeficiency virus (HIV). In addition to this, the growing elderly population, which generally suffers from many comorbidities that often require multiple medications and surgical interventions, is contributing to the market growth. Apart from this, on account of their soothing, moisturizing, and anti-irritant properties, beta-glucans are utilized in personal care formulations, such as toothpaste, body cleaners, insect bite creams, and baby and shaving products. They are also added to sunscreens to provide protection from ultraviolet (UV) light exposure and redness of the skin. This, along with increasing consumer spending on personal care items due to improving income levels and rising concerns about personal grooming, is influencing the market positively.

Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global beta glucan market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on type, source and industry vertical.

Breakup by Type:

Soluble
Insoluble

Breakup by Source:

Cereal
Mushroom
Yeasts
Seaweed

Breakup by Industry Vertical:

Animal Feed
Personal Care and Cosmetics
Pharmaceuticals
Others

Breakup by Region:

North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa

Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being American International Chemical LLC (LeBaronBrown Industries LLC), Beta Bio Technology Sp Z O O, Ceapro Inc., Garuda International Inc., Kemin Industries Inc., Kerry Group plc, Koninklijke DSM N.V., Lallemand Inc., Lantmännen, Super Beta Glucan Inc., Tate & Lyle plc and Van Wankum Ingredients.

Key Questions Answered in This Report
1. What was the size of the global beta glucan market in 2022?
2. What is the expected growth rate of the global beta glucan market during 2023-2028?
3. What are the key factors driving the global beta glucan market?
4. What has been the impact of COVID-19 on the global beta glucan market?
5. What is the breakup of the global beta glucan market based on the type?
6. What is the breakup of the global beta glucan market based on the source?
7. What are the key regions in the global beta glucan market?
8. Who are the key players/companies in the global beta glucan market?