Market Overview:
Beta glucan is a type of dietary fiber found in oats, barley and mushrooms. It has various health benefits such as boosting immunity, lowering cholesterol and blood sugar levels. With growing health consciousness, the demand for beta glucan in food and pharmaceutical products is increasing rapidly.
Market key trends:
One of the key trends in the beta glucan market is the increasing usage of soluble beta glucan in various food applications such as breakfast cereals, bakery products, soup mixes, salad dressings, etc. due to its various functional properties. Soluble beta glucan acts as a thickening agent, fat replacer and stabilizer in various foods. It improves mouthfeel and texture. The expansion of functional food industry globally is further fueling the demand for soluble beta glucan. The smooth soluble fibers present in beta glucan also helps slow down digestion and keep blood sugar levels stable for longer duration of time.
Segment Analysis
The global beta glucan market is segmented by source into cereals, mushrooms, and yeasts. The cereals segment dominated the market in 2023 and is expected to continue its dominance over the forecast period. This is mainly due to higher beta glucan content in oats and barley as compared to other sources. Oats have a beta glucan content of around 5%, which is the highest among cereals.
Key Takeaways
The global beta glucan market is expected to witness high growth, exhibiting CAGR of 8.0% over the forecast period, due to increasing demand from food & beverages and pharmaceutical industries.
Regional analysis
North America dominated the global market in 2023 and is expected to remain the largest market over the forecast period. This is attributed to increasing health awareness and high expenditure on functional foods & dietary supplements. Asia Pacific is expected to be the fastest growing market owing to growing health-conscious population and rapid economic development in countries such as China and India.
Key players
Key players operating in the beta glucan market are Associated British Foods Plc, Biotec Pharmacon ASA (Biotec BetaGlucans AS), Biothera, the Immune Health Company, Ceapro Inc., Immuno Medic AS, Koninklijke DSM N.V., Super Beta Glucan (SBG) Inc., Groupe Soufflet S.A (AIT Ingredients), Tate & Lyle plc. (Tate & Lyle Oats Ingredients), and Zilor Inc. (Biorigin). DSM and Tate & Lyle are some of the leading players in the market.
The global Oat Beta Glucan Market research report, published by Value Market Research, is designed to offer various market framework such as market size, portion, trends, growth path, value and factors that impact the current market dynamics over the forecast period 2020-2027.
Most importantly, this report also provides the latest significant strategies adopted by major players along with their market share.The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide.
This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.Get more information on "Global Oat Beta Glucan Market Research Report" by requesting FREE Sample Copy at https://www.valuemarketresearch.com/contact/oat-beta-glucan-market/download-sampleMarket DynamicsOats are a rich source of beta-glucan.
Oat beta-glucan is widely demanded worldwide due to its nutritional value, dietary contribution, and medicinal advantages.
Oat beta-glucan has cholesterol-lowering properties, reduces the risk of cardiovascular diseases, decreased blood sugar response, and improves gut health.
Growing research focussed on exploring the potentials of oat beta-glucan for different health conditions is expected to present new market opportunities.
