Global Beta-Glucan Market (2021-2026) by Source, Type, Application, Geography, Competitive Analysis and the Impact of Covid-19 with Ansoff Analysis

The Global Beta-Glucan Market is estimated to be USD 362.45 Bn in 2021 and is expected to reach USD 560.75 Bn by 2026, growing at a CAGR of 9.12%.

Market Dynamics

The rising preference for healthy food has made purchasers more deliberate about their health and retain it proactively through healthy living. Purchasers are more conscious of the food ingredients and consider nutrition tags and ingredients of the food products. This shift in purchasing habits has stemmed in higher-order for healthy foods and has involved several producers to offer new food products that are sourced naturally, well-designed, and not genetically altered. Moreover, with the ever-increasing awareness about health and wellness, the requirement for multifunctional beta-glucan is anticipated to expand in the coming years.

The Global Beta-Glucan Market is controlled by different regulatory bodies, which fluctuate regionally. The law concerning production, handling, invention, and end-product manufacturing is different from country to country. Health appeals further diverge at the country level, henceforth hampering the usage of beta-glucan in antibiotics as well as food & beverages. The policies also dominate and examine allegations made by end-product manufacturers and branding obligations. The production of beta-glucan is mainly dependent on raw material supplies, a technology used, and machinery. There are numerous techniques for production, which suggest low-quality intricate beta-glucan.

However, the production of high-value micronized beta-glucan of unit size 1–3 microns involves high costs to get the preferred size of beta-glucan. This is achieved to make beta-glucan effortlessly absorbable at the receptor site on immune cells. Likewise, high-priced apparatus is used to safeguard beta-glucan from re-aggregating, which can decrease the proper assimilation of beta-glucan in the human body.

Market Segmentation

The Global Beta-Glucan Market is segmented further based on Source, Type, Application, and Geography.

By Source, the market is classified as Cereal, Yeasts, Seaweed, and Mushroom. Amongst all, the Cereal segment is estimated to hold the highest market share during the forecast period.

By Type, the market is classified as Insoluble Beta-Glucan and Soluble Beta-Glucan. Amongst all, the Soluble Beta-Glucan segment is estimated to hold the highest market share during the forecast period.

By Application, the market is classified as Animal Feed, Food & Beverage, Cosmetics & Personal Care, Medical & Pharmaceuticals, and Others. Amongst all, the Food & Beverage segment is estimated to hold the highest market share during the forecast period.

By Geography, Europe is projected to lead the market.

Recent Developments

1. Lantmännen has launched gluten-free, organic PromOat containing oat beta-glucan ingredients. - 23rd June 2021.
2. Life Extension has launched mushroom immune with beta-glucans. - 15th June 2021.

Company Profiles

Some of the companies covered in this report are Tate & Lyle PLC, Kerry Group, ABF Ingredients, Frutarom, Euglena Co. Ltd etc.

Competitive Quadrant

The report includes Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.

Why buy this report?

• The report offers a comprehensive evaluation of the Global Beta-Glucan Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
• The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
• The report includes an in-depth market analysis using Porter’s 5 forces model and the Ansoff Matrix. In addition, the impact of Covid-19 on the market is also featured in the report.
• The report also includes the regulatory scenario in the industry, which will help you make a well-informed decision. The report discusses major regulatory bodies and major rules and regulations imposed on this sector across various geographies.
• The report also contains the competitive analysis using Positioning Quadrants, the analyst’s Proprietary competitive positioning tool.

Report Highlights:

• A complete analysis of the market, including parent industry
• Important market dynamics and trends
• Market segmentation
• Historical, current, and projected size of the market based on value and volume
• Market shares and strategies of key players
• Recommendations to companies for strengthening their foothold in the market

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