Beta-Glucan Market is predicted to reach USD 2.2 Billion at a CAGR of 6.10% during the forecast period 2032

Market Research Future (MRFR) has published on the “Global Beta-Glucan Market


that contains information from 2018 to 2032. The beta-glucan market is estimated to register a CAGR of 6.10% during the forecast period of 2023 to 2032.


MRFR recognizes the following companies as the key players in the global beta-glucan market— 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.,


Market Highlights


The global beta-glucan market is accounted to register a CAGR of 6.10% during the forecast period and is estimated to reach USD 2.2 Billion by 2032.


The need for functional foods and dietary supplements is driving significant expansion in the beta-glucan market. One type of soluble fiber called beta-glucan supports the immune system and lowers cholesterol among other health advantages. The market is fueled by elements such rising consumer knowledge of beta-glucan's health advantages and its uses in the pharmaceutical, food, and beverage industries.


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Segment Analysis


The global beta-glucan market has been segmented based source, application and type.


On the basis of source, the market is segmented into yeast, mushroom, cereals, and microalgae. In 2022, the yeast sector dominated the world market. Yeast is a preferred raw material for producers who want to extract beta-glucan for the market.


Based on application, the global beta-glucan market has been segmented into food & beverages, animal feed, personal care, pharmaceuticals, and others. In 2022, the global market was dominated by the food and beverage segment. The increasing usage of functional foods and dietary supplements globally is estimated to be the primary factor driving market development during the predicted timeframe.   


Based on type, the global beta-glucan market has been segmented into (1,3) beta glucan, (1,4) beta glucan, and (1,6) beta glucan. In 2022, the worldwide beta-glucan market was dominated by the 1,3 beta glucan sector. The majority of producers include (1,3) beta glucan in their product portfolio due to its straightforward extraction techniques.


Regional Analysis


The global beta-glucan market, based on region, has been divided into the North America, Europe, Asia-Pacific, and Rest of the World. North America consists of US and Canada. The Europe beta-glucan market comprises of Germany, France, the UK, Italy, Spain, and the rest of Europe. The beta-glucan market in Asia-Pacific has been segmented into China, India, Japan, Australia, South Korea, and the rest of Asia-Pacific. The Rest of the World beta-glucan market comprises of Middle East, Africa, and Latin America.


The North America beta-glucan market dominated this market in 2022 (45.80%). Among the top market players in the North American beta-glucan industry are American firms Merck and Lesaffre. These are thought to be the elements causing the rise in the area. Beta-glucan is currently widely employed in the food and beverage industries as thickening agents, fat alternatives, dietary fiber, and hypocholesterolemic agents.


Moreover, in 2022, the beta-glucan market in Europe held a sizable market share. Low-calorie and low-fat food items are popular throughout the continent because European consumers are calorie conscious. Consumer demand for food products manufactured from natural, low-calorie ingredients has increased as a result of the rise in obesity and cardiovascular illnesses.


Additionally, from 2023 to 2032, the Asia Pacific beta-glucan market is anticipated to experience rapid growth. Numerous enterprises in Asia, including India, China, South Korea, and Japan, that produce food processing, cosmetics, and personal care items, are helping to meet the region's demand for goods. The region is quite different in terms of income, demography, and nutritional requirements. The rising demand for food products with better nutritional benefits and consumers' higher spending power are both expected to positively impact industry growth.


Furthermore, the rest of the world's beta-glucan market is divided into the Middle East, Africa, and Latin America. Due to growing consumer demand for functional food ingredients and increased awareness of beta-glucan's health advantages, the beta-glucan market in Latin America is expanding. Demand is being driven by beta-glucan's promise to improve cardiovascular health and immunological function. To meet the increased consumer interest in wellness and preventative healthcare, major firms are creating cutting-edge products including fortified meals and dietary supplements.


Key Findings of the Study



  • The global beta-glucan market is expected to reach USD 2.2 Billion by 2032, at a CAGR of 6.10% during the forecast period.

  • The Asia-Pacific region accounted for the fastest-growing global market. Numerous enterprises in Asia, including India, China, South Korea, and Japan, that produce food processing, cosmetics, and personal care items, are helping to meet the region's demand for goods.

  • Based on type, the (1,3) beta glucan segment was attributed to holding the largest market in 2022.

  • 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.,

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Pages 128
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