Regional and country-level analysis and forecasts of the Latin America Beta-Glucan Market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions those are still untapped
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According to the report “Latin America Beta-Glucan Market by Source (Cereal, Seaweed, Yeast, Mushroom) by Application (Food & Beverages, Personal Care, Pharmaceuticals, Animal Feed) by Category (Soluble Beta-Glucan, Insoluble Beta Glucan), and by Region – Industry Analysis, Size, Share, Growth, Trends, and Forecasts (2016–2021)” published by Market Data Forecast, The Latin America Beta-Glucan Market was worth USD 26.28 million in 2016 and estimated to be growing at a CAGR of 6.94%, to reach USD 36.76 million by 2021.
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Fungal and Cereal products are being used for a long time for medicinal and cosmetic purposes; albeit, Beta-glucan was not found until the 20th century. At first, Beta-glucans discovered in lichens, and shortly after that, in barley.
Increasing interest in oat Beta-glucan is being taken after their cholesterol-lowering phenomenon was reported in 1984.
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Beta-glucan is a polysaccharide which is abundantly found in natural sources such as mushroom, oats, yeast,. The physicochemical features of beta-glucan vary depending on the properties of the primary structure, degree of branching, linkage type and molecular weight.
Numerous studies have examined the positive health effects of Beta-glucan. Oat fiber Beta-glucan at intake levels of 3 g per day can help in decreasing the levels of saturated fats in the blood and may also reduce the risk of heart disease.
Some studies suggest that cereal-derived Beta-glucan may also have immunomodulatory properties. Yeast and medicinal mushroom-derived Beta-glucans have been experimented upon for their ability to control the immune system.
Beta-glucans are also used in nutraceutical and cosmetic products as soluble fiber supplements and as texturing agents, but can get complex in the process of brewing.
The growing demand for ready to eat food in addition to growing awareness about the nutritional value of functional food is expected to be the primary driver for Europe Beta-Glucan market over the period. Changing dietary norms along with escalating disposable incomes is also further expected to drive market growth.
Rising demand for yeast specialty products is predicted to have a positive impact on the Europe beta glucan market. Its application as yeast additive in biodiesel blending is also predicted to drive the Europe market over the period.
Shortage of raw materials like molasses due to its rise in industrial applications and wine blending might slow down beta-glucan market growth. Various applications which are currently untapped in cosmetic and medicine sector are anticipated to create huge opportunities for Latin America Beta-Glucan Market over the next years.
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The Latin America Beta-Glucan Market is broadly characterized on the basis of Source (Seaweed, Mushroom, Yeast, Cereal), by Application (Animal Feed, Personal Care, Food & Beverages, Pharmaceuticals) and by Category (Insoluble Beta Glucan, Soluble Beta-Glucan). Soluble fiber normalizes the blood sugar levels while insoluble fiber is helpful for balanced digestion.
Soluble beta-glucan is expected to lead the Latin America market during the forecast period. Soluble fibrous Beta-Glucan found in oats, works like an adhesive with cholesterol and blocks it from getting reabsorbed into the blood, consequently bringing down the risk of heart diseases.
The growing food & beverage industry is a major driving force behind the growth of the functional food ingredients market in Mexico, which as a result is influencing the growth of the regional beta-glucan market.
Some major players dominating the Latin America Beta-Glucan Market are:
- Biotec Pharmacon ASA (Biotec BetaGlucans AS)
- Biothera the Immune Health Company
- Ceapro Inc.
- Immuno Medic AS
- Koninklijke DSM N.V.
- Super Beta Glucan (SBG) Inc.
- Groupe Soufflet S.A
- Tate & Lyle plc.
- Zilor Inc. (Biorigin)
- Associated British Foods Plc
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