Leading Beta-Glucan Application Markets Databank
The Beta-Glucan market was valued at $523.6 Million in 2020, and is projected to reach $801.9 Million by 2029 growing at a CAGR of 4.90% from 2021 to 2029. Food & Beverages segment is expected to be the highest contributor to this market, with $172.7 Million in 2020, and is anticipated to reach $252.4 Million by 2029, registering a CAGR of 4.36%. Personal Care & Cosmetics segment is anticipated to reach $190.1 Million by 2029 with the highest CAGR of 6.43%. Food & Beverages and Pharmaceuticals segments collectively expected to account for about 58.2% share of the Beta-Glucan market in 2020, with the former constituting around 33.0% share. Personal Care & Cosmetics and Animal Feed segments are expected to witness significant growth rates at a CAGR of 6.43% and 5.58% respectively, during the forecast period. Presently, share of these two segments is estimated to be around 33.7% in the overall Beta-Glucan market in 2020, and is anticipated to reach 37.4% by 2029.
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