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Beta-Glucan Market Size, Share, Price | Industry Report 2022
Beta-Glucan
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The beta-glucan market was valued at USD 307.8 million in 2016, and is expected to grow at a CAGR of 7.57%, to reach USD 476.5 million by 2022. The market is primarily driven by factors such as growing health consciousness among consumers and the increasing health expenditure. North America is projected to be the fastest-growing region as the consumers in are gradually becoming aware of the health benefits of oat beta-glucan and its significance in enhancing the body’s immunity. One of the major restraints in the growth of the beta-glucan market is the inconsistency in regulatory norms governing beta-glucan.
On the basis ofsource, the beta-glucanmarketwas led by the cerealsegment, followed by yeast. Cereal is sourced mainly from oats and barley as they contain the highest amount of beta-glucan.
On the basis of category, the beta-glucan market was led by the soluble segment, followed byinsoluble beta-glucan. Products containing soluble beta-glucan are fortified with food to act against diseases such as coronary heart disease, diabetes, and obesity, which are predominant in developed countries. Insoluble beta-glucan is fibrous, which is vital for a healthy digestive system.
Break-up of Primaries:
• By Company Type: Tier 1 – 45 %, Tier 2 – 30%, and Tier 3 – 25%
• By Designation: Director Level: – 15%, C Level – 50%, and Others – 35%
• By Region: North America – 55%, Europe – 20%, Asia-Pacific –20%, and RoW - 5%
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Key points from table of content:
Company Profiles :
• Cargill (U.S.)
• Kerry Group plc (Israel)
• Tate & Lyle (U.K.)
• Royal DSM (Netherlands)
• Ohly (Germany)
• Frutarom (Israel)
• MilliporeSigma (U.S.)
• Super Beta Glucan (U.S.)
• Garuda International (U.S.)
• LesaffreHuman Care (France)
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