Beta-Glucan Market

The global Beta-Glucan market foreseen to grow by 7.3%, from USD 459.71 Million in 2021 to USD 807.76 Million in 2029. Growing health consciousness among consumers and increasing health expenditure, growing application of beta-glucan in different industries, decreasing prices of major raw material sources are some of the factors driving the market for the estimated forecast period. However, inconsistency in regulatory norms governing beta-glucan is seen to hamper the market growth for the estimated period.

Market Definition

What is Beta-Glucan?

Beta glucans are sugar compounds found in bacteria, yeast, fungi, algae and plants such as oats and barley. They are a source of soluble fiber, and research suggests they may reduce high cholesterol and improve skin conditions such as eczema, bedsores, wounds and radiation therapy burns.

Market Overview

The Beta-Glucan market search study helps to thoroughly understand the current trend in the market competitive analysis of the players in the emerging market. Moreover, the DRO in the Beta-Glucan market offers valuable perspicuity and a current scenario for making the right decision. The research study covers the eminent players in the market with a detailed analysis of the company and a financial overview containing their net sales, business mix and geographical reach It mainly focuses on the key developments of the products/services offered by the company in recent years. Besides, we at Zettabyte have the expertise to analyses the global Beta-Glucan market player's competitive landscape helping the client comprehend their specific strategic growth approaches.

Beta-Glucan Market study by "Zettabyte Analytics" offers details about the market scope, market segmentation, technological advancement in the Beta-Glucan market and highlights the optimistic, competitive landscape and trends enduring over the years.

Major players in the Beta-Glucan market include Abac R&D AG, Ait Ingredients, Alltech Life Sciences, Angel Yeast Co. LTD, Biorigin - Zilor, Biotech Betaglucan AS, Cargill, Inc, Ceapro Inc., Embria Health Sciences LIC, Frutarom, Garuda International Inc., Glucan Corporation, Glyconova, Hangzhou New Asia Biotech Co. LTD., Kemin Industries, Kerry Group Plc, Koninklijke Dsm Nv., Lallemand, Leiber Group Gmbh & CO, Lesaffre Human Care, Milliporesigma, Nutraq, Nutriscience Innovations, Ohly Gmbh, Specialty Biotech Co., Ltd., Super Beta Glucan, Tate & Lyle PlC, Van Wankum Ingredients.

COVID-19 Impact on Global Beta-Glucan Market

The global impact of COVID-19 has lost millions of lives with a massive cost to the healthcare system. Moreover, the treatment cost for patients with COVID-19 has also had a financial impact globally. The impact of COVID-19 on the Beta-Glucan Market has forced the companies to change their sourcing, pricing, and promotion strategies. The Beta-Glucan market players are seen focusing more on optimizing the E-commerce networks with the rising innovations in the digital sector, which are creating new business models for the food and beverage industry player.

Research Scope

The report provides market value for the base year 2021 and a yearly forecast from 2022 to 2029 in revenue (USD Million/ Billion). The market for each segment is present in North America, Europe, Asia Pacific, Latin America, Middle East & Africa, and the regional basis for the forecast mentioned above.

Key industry dynamics, regulatory scenarios, major material dynamics and Beta-Glucan Market future markets are analyzed to understand their impact on demand for the forecast period. Growth rates have been estimated using correlation, regression and time-series analysis.

Market Segmentation

For the purpose of this report, the global Beta-Glucan market segmented on the basis of source, category, application, and region:

Source Outlook:

On the basis of source, the market is segmented into grains and cereal, mushroom, seaweed, yeast.

Figure 1 Beta-Glucan Market By Source (Market Size And Forecast By Value USD Million, 2021 & 2029)

Category Outlook:

On the basis of category, the market is segmented into insoluble, soluble.

Figure 2 Category Outlook (Revenue, USD Million, 2021)

Application Outlook:

On the basis of application, the market is segmented into animal feed, dietary supplement, food & beverage, personal care, pharmaceutical.

Figure 4 Application Outlook (Revenue, USD Million, 2021)