Beta-Glucan Market By Application (Food & Beverages, Personal Care, Pharmaceutical, Animal Feed), By Product Type (Soluble, Insoluble ) By Source(Cereal, Seaweed, Yeast, Mushroom).
Global Beta-Glucan Market was valued at USD 346.62 Million in the year 2017. The global Beta-Glucan market is further estimated to grow at a CAGR of 6.70% from 2018 to 2023 to reach USD 511.36 Million by the year 2023.
Europe region holds the highest market share in 2017 and North America market is considered as the fastest growing market in the forecasted period. The growth is mainly due to increasing healthcare awareness and emerging markets.
Tate & Lyle PLC (U.K), Biothera Pharmaceuticals (U.S.), Kerry Group PLC (Ireland), Koninklijke DSM N.V. (Netherlands) and Zilor Inc. (Biorigin) (Brazil) are some of the key players in the Beta-Glucan market.
Rising healthcare consciousness
Growing application in various countries
Government’s guidelines and regulatory bodies
Opportunity in developing countries as emerging market
Cost of raw material
Lack of awareness related to benefits of Beta-Glucan.
The global Beta-Glucan market is segmented as by type, by source, by application, and by region. On the basis of types, soluble beta-glucan holds the highest market share with the high growth rate in coming years followed by insoluble beta-glucan.
The growth is mainly due to a vast application and increasing consumption of beta-glucan containing products.
On the other hand, Based on application pharmaceutical segment among Food & Beverages, Personal Care, and animal feed is estimated to be the largest market share in 2016 and Food & Beverages segment is expected to grow at highest CAGR in coming years. The growth is mainly due to the fast-growing healthcare industry and increasing awareness of beta-glucan containing products.
On the basis of source, yeast segment holds the highest market share among Cereal, Seaweed, and Mushroom.
Key Benefits for Stakeholders
Beta-Glucan Manufacturers, Distributors and Retailers
Research and Consulting organization
Technology Standards Organizations, Forums, Alliances and Associations
Regulatory bodies, policy actors, and consumers.
Food & Beverages
Key Market Players
Tate & Lyle PLC (U.K)
Biothera Pharmaceuticals (U.S.)
Biotec Pharmacon ASA (Norway)
Cargill, Inc. (U.S.)
Kerry Group PLC (Ireland)
Koninklijke DSM N.V. (Netherlands)
Zilor Inc. (Biorigin) (Brazil)
Garuda International, Inc. (U.S.)
Super Beta Glucan (U.S.)
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