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Beta-Glucan Market Key Players, Size, Share, Revenue, Growth rate, Demands and Future Outlook to 2028

05-03-2023 04:15 PM CET | Business, Economy, Finances, Banking & Insurance

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Beta-Glucan Market

Beta-Glucan Market

The beta-glucan market is projected to grow from USD 501 Million in 2023 to USD 734 Million by 2028, at a CAGR of 7.9% during the forecast period. The market is anticipated to grow due to increasing demand for use of natural additives in the food and beverage products, growing consumption of healthy diets with high fiber, rising surge in acceptance for beta-glucan for its several health-benefits. Such factors have driven the need to develop and deploy new products for beta-glucan.

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Prominent companies include Tate & Lyle PLC (England), Kerry Group PLC (Ireland), Koninklijke DSM NV (Netherlands), International Flavors & Fragrances INC. (US), Merck (US).

The beta-glucan market refers to the industry that produces and supplies products containing beta-glucan, a type of soluble fiber found in certain foods and supplements. Beta-glucan has been shown to have a range of health benefits, including improving immune function, reducing cholesterol levels, and aiding in weight management.

The market for beta-glucan is driven by the increasing consumer interest in natural and functional food ingredients, as well as the growing awareness of the health benefits of dietary fiber. Beta-glucan is commonly found in foods such as oats, barley, and mushrooms, and is also available in supplements and functional foods.

The market for beta-glucan is expected to continue to grow as consumers become more health-conscious and demand for natural and functional food ingredients increases. Additionally, research into the potential health benefits of beta-glucan is ongoing, which could lead to new product development and expanded market opportunities. However, challenges such as sourcing and cost of raw materials may limit the growth of the market in some regions.

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