Europe Beta-Glucan Market to reach USD 170.09 million by 2021

According to the report "Europe Beta-Glucan Market by Source (Cereal, Seaweed, Yeast, Mushroom) by Application (Food & Beverages, Personal Care, Pharmaceuticals, Animal Feed) by Category (Soluble Beta-Glucan, Insoluble Beta Glucan), and by Region - Industry Analysis, Size, Share, Growth, Trends, and Forecasts (2016–2021)" published by Market Data Forecast, the Europe Beta-Glucan Market was worth $118.26 million in 2016 and estimated to be growing at a CAGR of 7.54%, to reach $170.09 million by 2021.

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Fungal and Cereal products have been used for a long time for medicinal and cosmetic purposes; although, Beta-glucan was not found until the 20th century. At first Beta-glucans discovered in lichens, and shortly after that, in barley. An increased interest in oat Beta-glucan arose after their cholesterol lowering phenomenon was reported in 1984. Beta-glucan is a polysaccharide which is abundantly found in natural sources such as mushroom, oats, yeast, etc. The physicochemical features of beta-glucan vary depending on the properties of primary structure, degree of branching, linkage type and molecular weight.

Some studies suggest that cereal-derived Beta-glucan have immunomodulatory properties. Yeast and medicinal mushroom-derived Beta-glucans have been found to contain nutrient which have ability to modulate the immune system. Beta-glucans are further used in various cosmetic products and nutraceutical, as texturing agents, and as soluble fiber supplements, but can get complex in the process of brewing.

Growing demand for processed and ready to eat food in addition to growing awareness about the nutritional value of functional food is predicted to be the primary driver for Europe Beta-Glucan market over the period. Changing dietary norms along with escalating disposable incomes is also further expected to drive market growth. Rising demand for yeast specialty products is predicted to have a positive impact on the Europe beta glucan market. Its application as yeast additive in biodiesel blending is also predicted to drive the Europe market over the period. Shortage of raw materials like molasses due to its rise in industrial applications and wine blending might slow down beta-glucan market growth. Various applications which are currently untapped in cosmetic and medicine sector are anticipated to create huge opportunities for beta glucan market over the next years.

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The Europe market for Beta-Glucan is broadly categorized by Source (Yeast, Cereal, Seaweed, Mushroom), by Application (Personal Care, Food & Beverages, Pharmaceuticals, Animal Feed) and by Category (Insoluble Beta Glucan, Soluble Beta-Glucan). Soluble fiber helps in controlling the blood sugar levels while insoluble fiber is of extreme importance for balanced digestion. Soluble beta-glucan is expected to be the market leader in Europe during the forecast period. Soluble fibrous Beta-Glucan found in oats, gets itself stuck to cholesterol and subsequently blocks it from getting reabsorbed into the blood, thereby decreasing the potential risk of heart disease. The European region was the largest market for beta-glucan in 2016. This can be attributed to the increasing demand for various beta-glucan products in countries such as the U.K. and Germany. The growing food & beverage industry is, consequently, driving the growth of the functional food ingredients market in Germany, which as a result is influencing the growth of the regional beta-glucan market.

Some major players dominating the market, by their products and services include Immuno Medic AS, Koninklijke DSM N.V., Super Beta Glucan (SBG) Inc., Groupe Soufflet S.A, Tate & Lyle plc., Zilor Inc. (Biorigin), Associated British Foods Plc., Biotec Pharmacon ASA (Biotec BetaGlucans AS), Biothera the Immune Health Company, Ceapro Inc.

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