MarketResearch.biz delivers in-depth insights on the global beta-glucan market in its upcoming report titled, “Global Beta-glucan Market Trends, Applications, Analysis, Growth, and Forecast: 2018 to 2027”. The global beta-glucan market is estimated to register a CAGR of X.X% in terms of value during forecast period 2018–2027. The report offers in-depth insights, revenue details, and other vital information regarding the target market, and the various trends, drivers, restraints, opportunities, and threats till 2027. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global beta-glucan market report has been segmented on the basis of source, type, application, and region,
Beta-glucan is sugar that is found in cell walls of fungi, bacteria, algae, yeasts, lichens, and plants such as barley and oats. Beta-glucan is used to boost the immune system of the people whose defensive cells have weakened because of various medical treatments or by physical or mental stress. Beta-glucans is used to treat cancer and they help to boost the immune system of the people with HIV/AIDs.
Growing demand for organic substitutes of medicines is excepted to drive the market growth over the forecast period. Increasing consumption of immunity booster medicines and nutraceuticals is anticipated to boost the market growth. The manufacturers are adopting various regulations and certifications namely USDA organic, Kosher, Fairtrade, FSSC 22000, HACCP, and GMP to ensure the quality of products and to attract a large base of customers.
However, the growth of beta-glucan is affected by the growing demand for substitutes namely gaur gum. Increase in number of marketing and advertisement of substitutes is expected to restrain the growth of the market over the forecast period.
Animal feed is expected to be one of the major application segment in the global beta-glucan market. Animal feed are manufactured from yeast, as the source is available at low costs. Ban on the use of antibiotics in animal feed manufacture is expected to boost the demand for beta-glucan over the forecast period.
The Asia Pacific is expected to account the major share of the market and is estimated to maintain its dominance over the forecast period. Presence of a large number of manufacturers in the region is expected to fuel the market growth. The market growth is anticipated to be driven by the increasing production capacity of India and China coupled with growing demand for end-use industries in emerging economies such as China, India, South Korea and Indonesia. Increasing disposable income, changing lifestyle of the people, and increasing consumer preferences towards consumption of nutraceutical supplements are expected to boost the market growth over the forecast period in the region. Europe accounts one of the the major share of the market owing to the growing demand for food & beverages and personal care products.
Market segmentation and key players operating in the global beta-glucan market:
- Food & Beverages
- Personal care
- Animal feed
- Dietary supplements
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Attribute Report Details Market Size Ask For Market Size Growth Rate Ask For Growth Rate Key Companies Ask For Companies Report Coverage Revenue analysis, Competitive landscape, Key company analysis, Market Trends, Key segments, Distribution Channel, Market Dynamics, COVID-19 Impact Analysis and more… Historical Data Period 2015-2020 Base Year 2022 Forecast Period 2022-2031 Region Scope North America, Europe, Asia-Pacific, South America, Middle East & Africa Country Scope United States, Canada and Mexico, Germany, France, UK, Russia and Italy, China, Japan, Korea, India and Southeast Asia, Brazil, Argentina, Colombia etc.Saudi Arabia, UAE, Egypt, Nigeria and South Africa Revenue in US$ Mn
- Immunomedic AS
- Cargill Incorporated
- Tate & Lyle PLC
- Biotec Pharmacon ASA
- Biothera Pharmaceuticals, Inc.
- Kerry Group PLC
- Super Beta Glucan Inc.
- Koninklijke DSM N.V.
- Garuda International, Inc.
- Super Beta Glucan
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