Beta Glucan Market Overview
The Beta Glucan Market size is estimated to reach $581 million by the year 2026. Furthermore, it is poised to grow at a CAGR of 6.8% during the forecast period of 2021-2026. Beta-glucans are found in the cell walls of various sources such as bacteria, fungi, yeasts, and many others. Beta-glucan is a polysaccharide, or moreover, they are heterogeneous polysaccharides of glucose polymer and provides various health benefits to the end-users such as diabetes control, cholesterol control, and many other health conditions. Beta-glucan can also be classified as a dietary fiber, and if further bifurcation is made, it is a soluble dietary fiber. Beta-Glucans exhibit pharmacological properties such as anti-infective, anti-cancer, and immunomodulators. Moreover, studies conducted by various researchers have concluded that beta-glucans are an adequate intake to reduce hyperglycemia and avoid hypoglycemia. The recent uprising adopted by the millennial generation and the aging generation to follow a plant-based diet and plant-derived diet are some of the factors which will help in driving the growth of the beta-glucan market during the period of 2021-2026.
Beta Glucan Market Report Coverage
The
report: “Beta
Glucan Market Forecast
(2021-2026)”, by
Industry ARC covers an in-depth analysis of the following segments of the Beta Glucan Market.
By Category- Soluble, and Insoluble.
By
Source- Cereal,
Yeast, Mushroom, and Others.
By
Application- Food
and Beverages, Animal Feed, Personal Care, Pharmaceutical, and Others.
By
Type- (1,3),
(1,4), and (1,6).
By Geography- North America (U.S., Canada, Mexico), Europe (Germany, United
Kingdom (U.K.), France, Italy, Spain, Russia, and Rest of Europe), Asia Pacific
(China, Japan India, South Korea, Australia, and New Zealand, and Rest of Asia
Pacific), South America (Brazil, Argentina, and Rest of South America), and
Rest of the World (the Middle East, and Africa)
Key Takeaways
- North America, the Beta Glucan Market accounted for the highest revenue share in 2020. It is associated with the fact that most of the population now has cholesterol and other cardiovascular diseases, which a healthy intake of beta-glucans can manage. Asia-Pacific shows beneficial growth opportunities for the manufacturers. It is owing to the recent developments pertaining to the food & beverages sector and pharmaceutical industry, which uses the following ingredients due to their chemical properties.
- The demand for beta-glucan will be supplemented by the growing nutraceutical industry, which uses beta-glucan aggressively. However, the rising cases of hypoglycemia post the consumption of beta-glucan is a challenge that the industry needs to address.
- Detailed analysis of the Strength, Weaknesses, and Opportunities of the prominent players operating in the market will be provided in the Beta-Glucan Market report.
Beta Glucan Market Segment, By Geography, 2020 (%)
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Beta Glucan Market Segment Analysis- By Source
The beta-glucan market
based on the source can be further segmented into three main categories:
cereal, yeast, mushroom, and others. The yeast segment held the largest share
in the year 2020. It is owing to the benefits the beta-glucan extracted from
the yeast offers. The beta-glucan can elucidate the production of TNF- Alpha and
all mononuclear cells, which helps boost immunity. Moreover, the extraction
techniques adopted by the manufacturers play a vital role, as the structure,
quality and functionality will be dependent on that.
The cereal sub-segment
is estimated to be the fastest-growing sub-segment with a CAGR of 7.0% over the
forecast period of 2021-2026. It is owing to efficient extracting techniques
adopted by the manufacturers; by isolating the beta-glucan, the molecular weight
and integrity of the structure remain constant and provides maximum benefits to
the end-users.
Beta Glucan Market Segment Analysis- By Application
The beta-glucan market
based on the application can be further segmented into four main categories:
food and beverages, animal feed, personal care, and pharmaceutical. The food
and beverages held the largest share in the year 2020. It is owing to the
health benefits the ingredient provides. It is used in the form of soft drinks
as a food additive to enhance the overall nutritional aspects of the food.
Food and beverages are
also estimated to be the fastest-growing sub-segment with a CAGR of 7.1% over
the forecast period of 2021-2026. It is owing to the increasing demand for
functional foods, and beta-glucan is promoted as a prime ingredient for
patients who have diabetes, high cholesterol, and other cardiovascular
diseases. However, cholesterol cases remain undetected for around 30% of the
affected, as it is a low developing ailment, and the effects are only visible
after years.
Beta Glucan Market Segment Analysis- By Geography
The Beta Glucan Market based on Geography can be further segmented into North America, Europe, Asia-Pacific, South America, and the Rest of the World. North America beta-glucan held the largest market share with a proportion of 35% of the total market in the year 2020. It is owing to the rising adoption of a “vegan” diet and yet managing the overall nutritional component. In addition, Beta Glucan as an ingredient offers various health benefits to the population, which can help them in curing and preventing any future cardiovascular disease.
Asia-Pacific offers opportunities to be the fastest-growing region in the forecast period of 2021-2026. It is owing to the influx of capital from the pharmaceutical sector to make the health care setup and disease prevention more robust. The region is seeing a steep rise in cholesterol-related ailments due to modernization and rapid development.
Beta Glucan Market Drivers
The growing adoption of nutraceutical products originating from vegan supplements will propel the use of Beta-Glucan
Functional foods have been doing rounds
amongst the population owing to their nutritional benefits, which offer more
value than basic foods. Nutraceutical products are a modern-day abbreviation of
two terms, Nutrients and Pharmaceutical, and hence provide benefits that can
help one mitigate the risk of developing any chronic disease or help them
manage. Beta-Glucan is a widely adopted ingredient in the listed food
categories owing to the benefits of improving one’s gut health and
immunology.
Moreover, the rising adoption of following
a vegan diet or plant-based diet has helped in the ready adoption of
beta-glucan as a form of fiber. To support the said statement, 9.7 million
people are now following a vegetarian-based diet. Such adoption is based on
animal welfare, climate change, and lastly, personal health.
Exhibiting properties of beta-glucan in controlling cholesterol and aligned ailments
As per the data released by US CDC, more
than 12% of the adults in the USA had total cholesterol over 240 g/dl, out of
which the good cholesterol or HDL of 18% were less than 40 mg/dl. Therefore,
the 12% roughly contributes to 93 million adults. Moreover, various researchers
have concluded that the daily inclusion of beta-glucans in one’s diet helped
reduce the serum cholesterol concentrations by 13%. In comparison, a 14%
reduction was observed in LDL-C levels or the “bad cholesterol levels.”
Additionally, with the rising use of barley, oats, and mushrooms in one’s diet,
cholesterol levels can be managed, and beta-glucan is primarily found in all
grains. Furthermore, FDA recommends that 3grams of beta-glucan can help one in
lowering the total cholesterol.
Beta Glucan Market Challenges
Hypoglycemia is a common side effect post the consumption of beta-glucan can hamper the market growth
Although, beta-glucan is suggested to
control cholesterol levels and manage other ailments. The use of beta-glucan
has often been a reason for the cases of hypoglycemia. Hypoglycemia is a
condition where the body’s blood sugar levels drop beyond the accepted range
and can cause some severe trembling, breathlessness and might even need
hospitalization. Hence, the blood sugar-lowering ability can be a disruptor for
the discussed market. Additionally, one can still consume the said ingredient
but must be wary of maintaining regular intervals between meals and this
ingredient. Dieticians recommend taking beta-glucan just before
consumption of a meal, if not, the repercussion can be fatal.
Beta Glucan Market Landscape
Product launches, mergers and acquisitions,
joint ventures, and geographical expansions are key strategies adopted by
players in the Beta-Glucan Market.
The top 10 companies operating in the beta-glucan market are-
- Kerry Group
- Givaudan
- Koninklijke
- Euglena Co.
- Biotec Pharmacon
- Tata&Lyle
- Lesaffre Group
- Kemim Industries
- ABF Ingredients
- Super Beta Glucan
Recent Developments
- In July 2021, Solabia Algitech, an Israeli nutrition company, launched BioGlena. The beta-glucan ingredient is obtained by fermenting Euglena Gracilis. Furthermore, the beta-glucan obtained is recognized by the immune-cell receptors. Moreover, there exists no cell wall in euglena gracillis, which allows better absorption in the intestine.
- In December 2020, Lallemand acquired Biotec BetaGlucans AS. The acquisition will help the former company in expanding its product portfolio to that of beta-glucans. In addition, it will gain intellectual property rights over M-Glucan and various others.
Relevant Titles
Functional Food and Nutraceuticals
Market
Report Code- FBR 0003
Report Code- FBR 0058
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