Global Beta Glucan Market Report and Forecast 2024-2032

Global Beta Glucan Market Outlook

The global beta glucan market size attained a value of approximately USD 493.12 million in 2023. The market is further expected to grow in the forecast period of 2024-2032 at a CAGR of 7.7%, reaching a value of around USD 960.04 million by 2032.

Rising Demand in the Asia Pacific to Augment the Global Market for Beta Glucan

The Asia Pacific beta glucan market is anticipated to witness considerable growth in the global market for beta glucan, driven by increasing awareness of its health benefits. In countries such as China and India, sizable populations, common consumption of various sources of beta glucans, and changing lifestyle tastes are driving up demand for beta glucans. In the Asia Pacific, the growing industry for dietary supplements is anticipated to further increase the demand for beta glucan as more consumers seek natural remedies to improve immunity levels. Meanwhile, the North America beta glucan market accounts for a sizable share in the global market, fuelled by increasing demand for dietary supplements, rising awareness of health benefits of beta glucan, and expansion of key players.

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Shifting Consumer Trends Towards Healthy Food Consumption is Boosting the Beta Glucan Market Demand

The growth in the global market for beta glucan is being driven by the shifting consumer preference towards healthy food items. This can be attributed to the rising awareness regarding healthy food consumption, hence augmenting the demand for plant-based beta glucan.

Rising demand for clean-label products as a result of increasing disposable incomes and growing awareness are further contributing to the growth of the market for beta glucan. The demand for clean label products has also invigorated the demand for nutritious food supplements over synthetic ingredients, which is another driving factor of the overall market for beta glucan. As a result of the surging demand for nutritious products, manufacturers of nutraceuticals and healthy food and beverage producers are rapidly incorporating natural and nutritious plant-based products such as beta glucan. Over the forecast period, increasing product demand in functional food and animal feed applications is anticipated to be a major market driver for beta glucan.

Global Beta Glucan Market Segmentation

Beta glucan is a substance found in the cell walls of bacteria, fungi, yeasts, algae, lichens, and plants including barley and oats. Comprising of a string of glucose molecules, beta glucan is a type of polysaccharide that is most widely known for medicinal properties ability to improve the immune system.

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On the basis of source, the market is segmented into:

• Grains and Cereals

• Mushroom

• Yeast

• Seaweed

• Others

Based on category, the market is categorised into:

• Soluble Beta Glucan

• Insoluble Beta Glucan

By application, the market is divided into:

• Food and Beverages

• Personal Care

• Pharmaceuticals

• Dietary Supplements

• Animal Feed 

• Others

The EMR report looks into the regional markets of beta glucan like North America, Latin America, the Asia Pacific, Europe, and the Middle East and Africa.

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Rising Production of Beta Glucan Rich Cereals and Grains to Invigorate the Growth of the Market

The various health benefits of beta glucan are augmenting the growth of the beta glucan global market. It can aid in the control of blood sugar levels and cholesterol, thereby lowering the risk of diabetes, and help in the generation of certain cells that lower the risk of cancer, among others. As a result of these advantages, the popularity of beta glucan and its supplements are propelling the growth of the market in various applications, such as pharmaceuticals, animal foods, and personal care products.

Furthermore, the easy availability of raw materials of beta glucan, such as cereals, mushrooms, and yeast, is providing robust opportunities for the use of beta glucan in various downstream industries. Cereals, particularly, oats, are one of the richest sources of beta glucan, which aids in improving the gut and immune system. Hence, the surging demand for green products and rising production of cereals and grains, including oats, is stimulating the overall market growth of beta glucan.

Key Players in the Global Beta Glucan Market

The report presents a detailed analysis of the following key players in the global beta glucan market, looking into their capacity, market share, and latest developments like capacity expansions, plant turnabouts and mergers and acquisitions:

• Cargill, Inc.

• Tate and Lyle PLC

• Kerry Group plc

• Koninklijke DSM N.V.

• Merck KGaA 

• Lesaffre and CIE

• Kemin Industries

• AngelYeast Co., Ltd.

• Biotec Pharmacon ASA

• Van Wankum Ingredients BV 

• Others

The comprehensive report looks at the micro and macro aspects of the market. The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of the Porter’s Five Forces Model.

Key Highlights of the Report