Beta Glucan Market Size, Shares, Segments, Competitors, Covid-19 Impact On Industry
Traction for beta glucan as a food additive in products such as frozen desserts, salad dressings, cheese spreads and sour cream will become more pronounced and trigger growth in the industry. According to the latest research report collated by Global Market Insights, Inc., beta glucan market size is projected to surpass US$ 525 million by 2026.
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Growth in beta glucan rich functional foods has unfolded in the past several years as barley, oats and mushrooms have become highly desirable among the millennial population. Oats beta glucans, popular as a dietary fiber, are setting the trend as a popular dietary component.
Oats beta glucan to drive growth
A notable uptick in obesity has further accentuated the significance of oats beta glucans given that it can help derail the emptying of food from the stomach and has set the trend for blood sugar balance. In addition, oats are known to reduce cholesterol, boost immunity and digestive health, making the products trendier in dietary supplements in functional beverage, ingredients of health food, bakery products, meal replacements, dairy products and solid beverages.
It is pertinent to mention that oat beta glucans have expanded their penetration in skin care products, including eye cream, facial cream, wound dressings, cleanser, moisturizing cream and hand cream, among several others.
Functional beverage has set the trend as end-users have shifted their attention towards personalized nutrition, while other industry trends such as traction for clean-label foods, portability, convenience and snacking have gained immense attraction among end-markets.
Lucrative growth opportunities stemming from food and beverage application
Food and beverage industry players are adding beta glucan in their portfolio and adding a heart-health claim. Beta glucan has become consumer-centric and has set the mega-trend in beverage portfolio, including dairy-alternative drinks, powdered drink mixes and fruit smoothies.
Since fruit smoothies demand rich mouthfeel, beta glucan has become a natural fit and apt fiber ingredient which leverages mouth-coating effect and thickness. A compelling rise in the consumption of beverages made with oat beta glucan has mustered up confidence of forward-looking companies gearing to boost their penetration in beta glucan market.
Beta glucan has gained strong hold as a versatile ingredient for the production of innovative products to boost health and dietary fiber intake. Food and beverage manufacturers are selecting beta glucan ingredients that are highly soluble to come up with a fiber-fortified beverage with smooth texture and clean taste. These manufacturers are expanding their footprints in North America and Europe to gain an edge in a competitive landscape.
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North America beta glucan market share will grow at a healthy rate in the wake of growing traction for functional beverages, including energy-packed juices. Major food and beverage companies in the U.S. are cashing in on the use of functional ingredients in beverage, baking and dairy sectors.
Leading companies are projected to boost their market position in Europe following the trend for oat beta glucan in the U.K., Italy and France. Mega-trend for oats will become noticeable in the coming few years in the region. Leading companies are formulating products with beta glucan to spur nutritional claims in functional beverages.
Current trends and industry dynamics suggest that key players will potentially boost investments to fuel beta glucan market value. Leading companies are touted to further their business portfolios through ramping up manufacturing of oats beta glucan.
Read Our More FOOD, NUTRITION AND ANIMAL FEED Reports at: https://www.gminsights.com/industry-reports/food-nutrition-and-animal-feed
Non-Dairy Ice Cream Market: https://www.openpr.com/news/2285597/non-dairy-ice-cream-market-fluctuations-by-covid-19-pandemic
Yeast Extract Market: https://www.openpr.com/news/2285605/yeast-extract-market-top-players-size-shares-top-3-trends
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