Beta Glucan Market Growth Will Be Extreme in the Next Years 2024 - 2031 | Associated British Foods Plc, Biotec Pharmacon ASA (Biotec BetaGlucans AS)

Market Overview:

Global beta glucan market was valued at US$ 551.4 Mn in 2022, exhibiting a CAGR of 8% in terms of revenue, over the forecast period (2023 to 2030) to reach US$ 1,020.6 Mn by 2030.

Market Dynamics:

The beta glucan market is witnessing high growth owing to increased health benefits and multifunctional properties of beta glucan. Beta glucan helps support digestive health, heart health, skin health, weight management and immune function. It effectively lowers blood sugar and cholesterol levels. Also, beta glucan is approved by FDA and EFSA to support heart and immune health claims which is increasing its adoption in various end use industries like food and beverages, pharmaceuticals, cosmetics and personal care. The wide applications and proven health benefits are expected to drive the growth of the beta glucan market during the forecast period.

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High production costs involved

While Beta Glucan has significant industrial applications, its production involves multiple extraction and purification steps which makes the process quite expensive. The raw materials used for extraction also impact overall costs. Producing high purity Beta Glucan on a commercial scale requires sophisticated equipment and technical expertise. This leads to higher product prices compared to alternative ingredients. The costs involved in Beta Glucan production pose a major challenge for manufacturers and restrain widespread commercialization. However, advanced technologies and scale of operations can help reduce costs over the long term.

Rising focus on preventive healthcare and need for immunity enhancement

With growing health awareness, people are increasingly focusing on preventive care and ways to boost their immunity levels naturally. The pandemic further fueled interest in immunity-enhancing supplements and functional ingredients. Beta Glucan is known to activate the innate immune response and support overall defenses. Many consumers look for clean-label, research-backed ingredients to prevent illnesses and support recovery. This growing need for preventive options presents a major market opportunity for Beta Glucan producers. Functional products with Beta Glucan can witness high demand from health-conscious individuals.

Emergence of customized Beta Glucan formulations

Earlier, Beta Glucan was largely marketed as a generic ingredient with limited product differentiation. However, growing R&D is enabling customized formulations targeted at specific health applications - like immune support during cancer treatment, intestinal health, cholesterol management, skin care etc. Companies offer varied molecular structures, purification levels, solubility and delivery systems. There is a trend of developing innovative applications leveraging Beta Glucan's properties. This type of customization as per end-use industries and related health needs is expanding possibilities. It is helping boost the market popularity of the ingredient through highly specialized products.

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Top Companies Featured in This Report:

★ 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)
★ Zilor Inc. (Biorigin)

Market Segmentation:

By Product Type:

★ By Source: Cereals, Yeast, Others
★ By Application: Food & Beverages, Bakery Products, Health & Dietary Supplements, Dairy & Frozen Products, Cosmetics & Personal Care, Others

Key Regions/Countries Classified as Follows:

» North America (U.S., Canada, Mexico)
» Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
» Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)
» South America (Brazil, Argentina, Rest of SA)
» Middle East & Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA)

The report offers insights on the following aspects:

Chapter 1: Study Coverage

Chapter 2: Executive Summary

Chapter 3: Analysis of Beta Glucan Market Competition Landscape by Players

Chapter 4: Assessment of Beta Glucan Market Size by Type and Application

Chapter 5: Global and Regional Analysis

Chapter 6: Company Profiles, recent developments, and investments

Chapter 7: Analysis of Market Opportunities, Challenges, Risks, and Influencing Factors

Chapter 8: Evaluation of Value Chain and Sales Channels, including breakthrough product developments

Chapter 9: Research Findings and Conclusion

Chapter 10: Methodology/Research Approach

The report also delves into the competitive landscape, key players, trade patterns, industry value chain, recent news, policies, and regulations. Should you have any inquiries or require customization options, please don't hesitate to contact us.

In summary, whether you're engaged in manufacturing, distribution, or investment within the Beta Glucan sector, this report furnishes invaluable insights into market segments, drivers, challenges, investment prospects, regional dynamics, major players, growth strategies, prevailing trends, and hurdles influencing the industry's expansion.

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Author Bio:

Priya Pandey is a dynamic and passionate editor with over three years of expertise in content editing and proofreading. Holding a bachelor's degree in biotechnology, Priya has a knack for making the content engaging. Her diverse portfolio includes editing documents across different industries, including food and beverages, information and technology, healthcare, chemical and materials, etc. Priya's meticulous attention to detail and commitment to excellence make her an invaluable asset in the world of content creation and refinement.

(LinkedIn- https://www.linkedin.com/in/priya-pandey-8417a8173/)

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