Beta-glucan Market Share, Size, Trends, Industry Analysis Report, By Source (Yeast, Cereal & Grains [Barley, Oats and Others], Mushroom, Others); By Type; By Functionality; By Purity; By Application; By Region; Segment Forecast, 2024 - 2032
- Published Date:May-2024
- Pages: 117
- Format: PDF
- Report ID: PM1958
- Base Year: 2023
- Historical Data: 2019-2022
Report Outlook
Beta-glucan Market size was valued at USD 621.98 million in 2023. The market is anticipated to grow from USD 673.73 million in 2024 to USD 1,285.40 million by 2032, exhibiting the CAGR of 8.4% during the forecast period.
Market Overview
The beta-glucan market worldwide is experiencing significant expansion owing to its usage in different industries. People are buying more products with beta-glucan because they're learning more about how good it is for them. Also, the market is growing because more people are getting sick with long-term illnesses, and there is more focus on stopping people from getting sick in the first place.
- The World Health Organization states that illnesses like heart problems, strokes, cancer, and diabetes cause over 70% of deaths worldwide.
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Beta-glucan is a polysaccharide composed of glucose monomers connected by beta-glycosidic linkages. It is recognized as a dietary fiber with a significant impact on the gut microbiota. BG interacts with gut microbes in a way that triggers positive responses in individuals, leading to various health benefits. These benefits include immune enhancement, regulation of serum cholesterol & managing insulin levels, reduction of obesity, & improvements in cognitive disorders. Additionally, the increasing popularity of herbal remedies is a rising trend in the worldwide market. Also, new ways of getting beta-glucan out of plants and making it into products are helping the market grow even more.
Growth Drivers
Increasing health consciousness
The beta glucan market has experienced a surge in recent years, largely propelled by increasing health consciousness among consumers. One of the key driving factors behind the growth of the beta glucan market is the rising awareness of the importance of maintaining a healthy lifestyle. As people become more health-conscious, they are actively seeking out products that offer functional benefits, including immune support, cardiovascular health, and weight management. Beta glucans, with their immune-modulating properties and potential to reduce cholesterol levels, have gained significant attention as a natural ingredient that can contribute to overall well-being.
Furthermore, an aging population and increasing incidences of chronic diseases have also fueled the demand for products containing beta glucans. With a growing emphasis on preventive healthcare, consumers are turning to dietary supplements, functional foods, and beverages fortified with beta glucans to support their immune systems and promote longevity.
In addition, advancements in research and technology have led to the development of innovative formulations and delivery systems for beta glucans, expanding their application across various industries including pharmaceuticals, food and beverage, cosmetics, and animal nutrition.
Rising usage of beta-glucan in skincare
Beta-glucans are gaining a lot of attention in the beauty industry as they are good for the skin and help in reducing inflammation. They are used in many skin care products to make skin look younger, & keep it healthy. They also help stop cells from getting hurt and make skin less irritated & red. Because of these healing & calming benefits, most people are choosing beta-glucan over hyaluronic acid.
Restraining Factors
Regulatory Challenges in beta-glucan market
Companies in the beta-glucan market have met challenges from & regulations in labelling and distribution. For instance, the European Food Safety Authority (EFSA) has made strict rules about beta-glucan's being used in cosmetics.
The beta-glucan market faces numerous regulatory challenges that impact its growth and development. Beta-glucan, a type of soluble fiber derived from sources such as oats, barley, and yeast, is renowned for its health benefits, including immune system support and cholesterol reduction. However, varying regulations across different regions regarding health claims and labeling requirements pose significant obstacles to market expansion.
One of the primary regulatory challenges in the beta-glucan market is the lack of standardized definitions and regulations concerning health claims. Different countries or regions have diverse regulatory frameworks governing the use of health claims on food and dietary supplement labels. This variability complicates market access and hampers the ability of beta-glucan manufacturers to communicate the health benefits of their products effectively.
Report Segmentation
The market is primarily segmented based on source, type, functionality, purity, application, and region.
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By Source Analysis
Yeast segment accounted for the largest market share in 2023
Yeast based segment garnered the largest share. Yeast-based beta-glucan is favored for its skin-calming advantages. Unlike those from barley or oats, beta-glucan from yeast is highly valued for its purity and effectiveness. Additionally, the increasing population of health-conscious individuals is driving the outlook of the beta-glucan market. Furthermore, increased funding in clinical studies is strengthening the market.
- For instance, as per the National Cancer Institute (NCI), a supplement containing beta-glucan from yeast, which may offer anti-inflammatory, antioxidant, and immune-boosting benefits, can activate the immune system.
By Functionality Analysis
Soluble segment is expected to witness the highest growth during the forecast period
Soluble beta-glucan dominate the beta-glucan market. This dominance is primarily due to its ability to boost the immune system. It's easily added to functional foods, drinks, supplements, etc. Additionally, ongoing improvements to the product, marketing tactics, and educational efforts that address consumer desires and choices are driving growth in this sector. Moreover, companies are offering tailored solutions, giving them an edge in the market. For instance, in July 2023, Beneo launched Orafti β-Fit, which dissolves readily in water.
Regional Insights
North America region registered the largest share of the global market in 2023
North America dominated the global market. The region’s dominance is due to its wide use in different items and their related health advantages. Major players in the region are Merck (US) and Lesaffre (US). Improvements in technology have broadened the uses of beta-glucan in the food and drink industry, where it is used as a thickening agent, fat substitute, dietary fiber, and agent that helps lower cholesterol, thus promoting growth in the region.
In the US, people are leaning towards food options with fewer calories and less fat due to increased awareness of calorie intake. The increasing occurrence of obesity and heart disease has increased the demand for food products based on natural and low-calorie ingredients.
- According to Centre for Disease Control & Prevention (CDC) and the National Health and Nutrition Examination Survey (2021-2022) show that the adult obesity rate rose to 42.4% in 2020-2021.
The Asia Pacific beta glucan market is expected to see significant growth in the worldwide beta glucan market, owing to more people knowing about its health perks. Region’s expanding dietary supplement sector is expected to boost the demand for beta-glucan even more as more folks look for natural ways to boost their immune systems. For instance, Oats, another source of beta-glucan, is gaining popularity as a breakfast option in India. This shift, coupled with increasing disposable income and a growing middle class, indicates a potential rise in demand for beta-glucan supplements for overall health benefits.
Key Market Players & Competitive Insights
Strategic partnerships to drive the competition
The major beta glucan market companies are doing a lot of research and development (R&D) to make their products better and find new uses in different areas like food and drinks, medicines, and beauty products. Many are spending money on tests with real people to prove how good beta-glucan is for health. This helps them stand out from the competition and get official approval for saying their products are healthy.
Some of the major players operating in the global market include:
- Alltech (US)
- Angel Yeast Co. Ltd (China)
- Associated British Foods Plc (UK)
- Bigrigin (Brazil)
- Ceapro, Inc. (Canada)
- dsm-Firmenich (Switzerland)
- Garuda International Inc. (US)
- Kemin Industries (US)
- Kerry Group plc (Ireland)
- Lallemand (Canada)
- Leiber (Germany)
- Lesaffre (France)
- Merck (Germany)
- NutriScience Innovations, LLC (US)
- Tate & Lyle PLC (UK)
Recent Developments in the Industry
- In June 2023, Kemin Industries, received approval for its product “BetaVia Complete” for Thai FDA (TFDA). Product is rich in beta-1,3-glucan, & essential fatty acids and derived from algae strain “Euglena Gracilis”. This is to be taken at a dosage of 375 Mg each day.
- In July 2023, BENEO introduced its 1st barley-based beta-glucan ingredient called “Orafti β-Fit”, which helps with heart health & manages blood sugar.
Report Coverage
The beta-glucan market report emphasizes on key regions across the globe to provide better understanding of the product to the users. Also, the report provides market insights into recent developments, trends and analyzes the technologies that are gaining traction around the globe. Furthermore, the report covers in-depth qualitative analysis pertaining to various paradigm shifts associated with the transformation of these solutions.
The report provides detailed analysis of the market while focusing on various key aspects such as competitive analysis, product, component, caliber, guidance mechanism, application, lethality, and their futuristic growth opportunities.
Beta-glucan Market Report Scope
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Report Attributes |
Details |
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Market size value in 2024 |
USD 673.73 million |
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Revenue forecast in 2032 |
USD 1,285.40 million |
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CAGR |
8.4% from 2024 – 2032 |
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Base year |
2023 |
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Historical data |
2019 – 2022 |
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Forecast period |
2024 – 2032 |
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Quantitative units |
Revenue in USD million and CAGR from 2024 to 2032 |
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Segments covered |
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Regional scope |
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Competitive Landscape |
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Report Format |
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Customization |
Report customization as per your requirements with respect to countries, region and segmentation. |
FAQ's
The Beta-glucan Market report covering key segments are source, type, functionality, purity, application, and region.
Beta-Glucan Market Size Worth $1,285.40 Million By 2032
Beta-glucan Market exhibiting the CAGR of 8.4% during the forecast period.
North America is leading the global market
key driving factors in Beta-glucan Market are Increasing health consciousness
