South America Beta-Glucan Market - Growth, Trends and Forecasts (2020 - 2025)

South America Beta Glucan Market is projected to grow at a CAGR of 5.12% during the forecast period 2020-2025.

• Beta-glucans are biologically active fibers derived from the cell wall of various natural sources, including yeast, mushroom, oats, barley, and others, with the proven benefits for health and medical significance. The beta-glucans are allowed in several countries, including the United States of America, Canada, Finland, Sweden, Brazil, China, Japan, and Korea, as potent immunological activators. Beta-glucans are not synthesized by the human body. Hence, these are recognized by the immune system and these induce both adaptive and innate immune responses.
• Moreover, several new research activities are being conducted in determining the positive health benefits of beta-glucan in the management of numerous diseases. For example, in one of the research studies published for Inflammable Bowel Diseases (IBS) claims that Wellmune, which is a prebiotic dietary manufacturer by the Kerry Group, can be used in reducing gut permeability in the human body. The dietary fiber is derived from baker’s yeast. Therefore, the potential benefits provided by beta glucan for human health represents immense scope in terms of the market’s growth.

Key Market Trends

Increased Demand for Algae derived Beta Glucan in Dietary Supplements

The nutritional food and supplement market is witnessing an increased demand for the algae-derived beta-glucan. The algae-derived beta-glucan is simple and available at a cheaper price, compared to the other beta-glucans, such as beta-glucan derived from yeast. Furthermore, improving the extraction techniques for microalgae cultivation will allow the manufacturers to make effective use of beta-glucan microalgae in the food, dietary supplements, healthcare, among others. In this regard, numerous efforts are being carried out by several organizations. These aforementioned factors are expected to contribute to the overall growth of the market in the near future.

Brazil holds a Prominent Share in the Market Studied

Growing consumption of nutraceuticals and functional food, its usage as an immunomodulator, and increased usage as fat substitutes are driving the demand for the beta-glucan market in the region. In Brazil, the growing consumer acceptance of dietary fiber supplements and fictional food products is expected to support the application of beta-glucan in human nutrition. Key players in the South American beta-glucan market include Biothera Inc., Biospringer, and Lesaffre, among others.

Competitive Landscape

These companies are focusing on research and development activities to enhance their product portfolio, to stay competitive in the market. In addition, they are also focusing on expanding their exclusive functional food product portfolio through the acquisition of various raw materials and end-product manufacturing companies, with the objective of enhancing their market position. Some of the major players in the market studied are studied Tate & Lyle PLC, Biothera Inc., Biospringer, Lesaffre, among others.

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