Beta-Glucan Market size worth US$600.982 million by 2027
Knowledge Sourcing Intelligence announces the publication of a new analysis report on the market for “Beta-Glucan Market – which is forecasted from 2020 to 2027”.
The prime factors propelling the growth of the Beta-Glucan Market are growing chronic health issues, rising consumer health awareness and increased spending on health.
As per the report, the market for Beta-Glucan Market is expected to grow at a steady pace
Beta-glucans contain natural dietary fibres that can be found in the cell walls of a wide range of bacteria, fungus, yeasts, and plant species. They help lower blood serum cholesterol, boost immunity, control blood sugar levels, and lower the chance of developing cardiovascular disease (CVD). One of the main drivers of the demand for beta-glucans is the increased prevalence of chronic diseases in conjunction with the growing desire for herbal medicines. Higher demand for healthy food and supplements as a result of this shift in consumer behaviour has drawn various producers to release new food products that are useful, not genetically engineered, and derived naturally. The need for multifunctional beta-glucan is anticipated to rise in the next few years due to rising health and wellness concerns and awareness.
The Beta-Glucan market has been categorised on the basis of type, source, application, and geography.
By type, the market has been classified into Soluble and Insoluble. Soluble beta-glucan fibre, which is present in oats, reduces the risk of heart disease and liver disease by inhibiting the reabsorption of lipids into the bloodstream.
By source, the market has been classified into Cereals, Yeast, Mushrooms and Others. The production of intestinal viscosity by cereal beta-glucans, which is believed to be the primary mechanism of action behind their beneficial health effects, has increased the use of cereals and grains as one of the main sources for the market.
By application, the market has been classified into Food and Beverages, Pharmaceuticals, Cosmetics and Personal Care and Others. The two main elements that have sparked the demand for beta-glucan in Food and Beverages are the rise in health advantages linked to the intake of Beta-Glucan and the rise in the number of customers who are health-conscious.
Geographically, the Asia-Pacific region is anticipated to account for a significant portion of the market, largely due to the fact that the presence of a sizeable industrial base in countries such as China, India, and Japan is a significant factor boosting the demand for beta-glucan. The Asia-Pacific region’s processed food sector is expanding as a result of consumers’ shifting lifestyles.
The beta-glucan market was significantly impacted by Covid-19. People became more health-conscious as a result of the global pandemic, which raised their demand for nutritional foods. As a result, demand for nutritional foods and immune boosters increased. However, the mandatory lockdown measures resulted in the closure or downsizing of production facilities and a reduction in employees. The market’s growth was slowed as a result of the short supply and demand chain gap. However, rising chronic disorders brought on by inactive lifestyles are anticipated to boost market expansion in the coming years.
As a part of the report, the major players operating in the Beta-Glucan market that have been covered are Kerry Group plc, DSM, Ceapro Inc., AngelYeast Co., Ltd., Ohly, Super Beta-glucan, Garuda International, Inc., Lantmännen Oats Ab, Merck KGaA and Leiber GmbH.
View a sample of the report or purchase the complete study at https://www.knowledge-sourcing.com/report/beta-glucan-market
This analytics report segments the Beta-Glucan market on the following basis:
- By Type
- Soluble
- Insoluble
- By Source
- Cereals
- Mushrooms
- Yeast
- Others
- By Application
- Food and Beverages
- Cosmetics and Personal Care
- Pharmaceuticals
- Others
- By Geography
- North America
- USA
- Canada
- Mexico
- South America
- Brazil
- Argentina
- Others
- Europe
- Germany
- France
- UK
- Spain
- Italy
- Others
- Middle East and Africa
- Saudi Arabia
- UAE
- Others
- Asia Pacific
- China
- Japan
- India
- South Korea
- Indonesia
- Thailand
- Malaysia
- Others
- North America