Beta-glucan is a natural compound derived from various sources, such as cereal, mushroom, yeast, and seaweed, that is used in food & beverages, personal care, pharmaceuticals, dietary supplements, and animal feed applications. The beta-glucan market size was estimated to be USD 403.8 million in 2020, and it is projected to grow at a CAGR of 7.6% from 2020 to reach USD 628.3 million by 2026.
Key Factors Driving the Growth of Beta-Glucan Market
The increasing research on beta-glucan, coupled with its functional benefits, has been the primary driving force behind the market growth of beta-glucan. Additionally, there is a growing demand for beta-glucan in fast-moving industries, such as food & beverages and pharmaceuticals, due to its health-promoting and prebiotic properties. It is also used in nutraceuticals, cosmetics, personal care, and animal feed.
Market Segmentation by Category
The market for beta-glucan is segmented into two categories: soluble and insoluble. Soluble dietary fibers are expected to hold a higher share than insoluble dietary fibers because they reduce total plasma cholesterol and lower the glycemic index of food, providing numerous health benefits. Insoluble beta-glucan is found in larger amounts in cereal, such as brown rice, wholemeal flour and bread, wholegrain breakfast cereals, corn bran, and wholemeal pasta. This type of fibrous beta-glucan is essential for a healthy digestive system, which further leads to the segment holding a significant share in the overall market for beta-glucan.
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Market Segmentation by Source
The yeast segment is expected to hold one of the largest shares in the beta-glucan market, in terms of value, in 2020. Baker's yeast grows aerobically and is dependent on sugar molasses, whereas brewer's yeast is not. The immune-modulating abilities of the final product, together with supportive research studies for the immune-modulating properties of baker's yeast, has driven the demand for yeast beta-glucan globally.
Market Segmentation by Application
Pharmaceutical and food & beverage industries are the key areas that drive the demand for beta-glucan, in terms of value, in 2020. Pharmaceutical products come in the form of capsules, liquid, powder, or tablets and are taken to balance the deficiencies of ingredients in diets and for curing problems, such as obesity, blood pressure, and diabetes. These products have been extensively studied for their immunological and pharmacological effects. Immunologically active, homogeneous, non-aggregated, and micro-particulate beta-glucan is prepared from saccharomyces cerevisiae which has resulted in growing applications across the industry. Furthermore, the increasing sedentary lifestyle and consumption of calorie-rich food has caused numerous health problems, such as obesity, high blood pressure, high cholesterol, and heart attack. The intake of beta-glucan has helped in reducing the risk of these health problems with its health-promoting properties, further driving the beta-glucan applications.
Beta-Glucan Market Analysis: Growing Demand and Market Forecast
Beta-glucan is a natural compound derived from various sources, such as cereal, mushroom, yeast, and seaweed, that is used in food & beverages, personal care, pharmaceuticals, dietary supplements, and animal feed applications. The beta-glucan market size...
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