Press release
Beta Glucan Market Size (US$ 729.9 Million) | Industry Growth Report 2023-2028
According to the latest report by IMARC Group, titled, "Beta Glucan Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028", The global beta glucan market size reached US$ 477.0 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 729.9 Million by 2028, exhibiting a growth rate (CAGR) of 7.64% during 2023-2028.Beta-glucan refers to soluble fibers that occur naturally in bacteria, fungi, yeasts, and grains, such as oats and barley. It helps in reducing cholesterol and controlling blood sugar levels. It has anti-cancer properties and aid in strengthening the immune system and supporting wound healing. It is widely used in capsule and tablet form and added to different food products and beverages as a functional ingredient.
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Beta Glucan Market Trends and Drivers:
At present, the rising health consciousness among people and their consequent focus on improving the overall health and wellness is catalyzing the demand for functional foods and dietary supplements. This, in confluence with the increasing prevalence of chronic disease and the rising demand for beta-glucans due to their immune-boosting properties, represents one of the key factors positively influencing the market across the globe. Apart from this, the increasing adoption of beta-glucan in animal feeds for improving growth performance is contributing to the market growth. In addition, beta-glucan is widely utilized in skin care products as a soothing agent and considered an excellent ingredient for minimizing redness and other signs of sensitive skin. In line with this, technological advancements in extraction and processing methods is contributing in more cost-effective beta-glucan-based skin care products. Furthermore, the easy availability of these products through online and offline distribution channels is stimulating the growth of the market worldwide.
Beta Glucan Market 2023-2028 Competitive Analysis and Segmentation:
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
American International Chemical LLC (LeBaronBrown Industries LLC)
Beta Bio Technology Sp Z O O
Ceapro Inc.
Garuda International Inc.
Kemin Industries Inc.
Kerry Group plc
Koninklijke DSM N.V.
Lallemand Inc.
Lantmännen
Super Beta Glucan Inc.
Tate & Lyle plc
Van Wankum Ingredients.
The report has segmented the market based on type, source and industry vertical.
Breakup by Type:
Soluble
Insoluble
Breakup by Source:
Cereal
Mushroom
Yeasts
Seaweed
Breakup by Industry Vertical:
Animal Feed
Personal Care and Cosmetics
Pharmaceuticals
Others
Breakup by Region:
North America
Asia-Pacific
Europe
Latin America
Middle East and Africa
Ask Customization and Browse full report with TOC & List of Figure: https://www.imarcgroup.com/beta-glucan-market
Key highlights of the report:
Market Performance (2017-2022)
Market Outlook (2023-2028)
Porter's Five Forces Analysis
Market Drivers and Success Factors
SWOT Analysis
Value Chain
Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.
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