Beta-Glucan Market is projected to grow at a CAGR of 8.1% to reach USD 800 million by 2029

The beta-glucan market is estimated at USD 542 million in 2024; it is projected to grow at a CAGR of 8.1% to reach USD 800 million by 2029.

The beta-glucan market is experiencing significant growth, fueled by diverse factors such as increasing demand for natural food additives, expanding pharmaceutical applications, and rising usage in cosmetics.

Let's explore the key dynamics propelling the expansion of this market.

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Rising Demand for Natural Food Additives and Pharmaceutical Applications

The beta-glucan market is witnessing a surge in demand, driven by the growing preference for natural food additives and the increasing utilization of beta-glucan in pharmaceutical tablets and capsules. Additionally, the incorporation of beta-glucan in cosmetic products to enhance emulsification is contributing to market expansion.

Yeast Emerges as a Leading Source

Yeast has emerged as a prominent source for beta-glucan production, owing to its efficiency in generating high-quality beta-glucans at a rapid pace. With yeast's pivotal role in industrial fermentation processes, including the production of bread, beer, and biofuels, it has become a preferred source for beta-glucan due to its scalability, consistent quality, and cost-effectiveness.

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North America Takes the Lead

The North American market holds the largest share in the beta-glucan market, driven by extensive usage in various products and their associated health benefits. Factors such as technological advancements, expanding applications in the food & beverage industry, and rising consumer awareness of health benefits contribute to market growth in the region.

Major players operating in the Tate & Lyle PLC (UK), Kerry Group plc (Ireland), dsm-firmenich (Switzerland), Merck (Germany), Lesaffre (France), Kemin Industries (US), Angel Yeast Co. Ltd (China), Lallemand (Canada), Associated British Foods Plc (UK), Biorigin (Brazil), Ceapro Inc. (Canada), Specialty Biotech Co., Ltd. (US), Alltech (US), Garuda International Inc. (US), and Leiber (Germany).

Other players in the market include VW-Ingredients (Netherlands), Super Beta Glucan(US), GlycaNova AS (Norway), NutriScience Innovations, LLC (US), Algalíf Iceland hf. (Iceland), ABAC R&D (Switzerland), Natural Biologics (New Zealand), BENEO (Germany), L&P Food Ingredient Co., Ltd. (China), Beta Bio Technology sp. z o. o (Poland).

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