Home > Food, Nutrition & Animal Feed > Global Beta Glucan Market
Global Beta Glucan Market size was over USD 329.4 million in 2019 and is estimated to grow over 7.2% CAGR between 2020 and 2026, owing to increasing prevalence of chronic health diseases such as diabetes, cholesterol, heart diseases and obesity. Rising demand for health & wellness products may promote market growth.
Increasing occurrences of chronic health disorders such as diabetes, cholesterol, heart disease and obesity are likely to drive the attention of consumers towards the consumption of healthy dietary foods such as beta glucan in the years to come. For instance, according to the Centers for Disease Control and Prevention, nearly 647,000 deaths occur from heart diseases in U.S. annually. It is an indigestible fiber, which slows down the digestion process, thus regulating the blood sugar level. It also helps in boosting the immune system, which may further augment the beta glucan market share.
To get more details on this report: Request Free Sample PDF
The ability to regulate cholesterol levels in blood coupled with increasing consumer awareness regarding the need to maintain personal health and hygiene may foster market growth. Furthermore, the growing agricultural sector in developing countries together with the increasing cultivation of soy and maize, which are raw materials for production of the product is likely to further raise the beta glucan market demand.
However, the high cost of extraction of the final product from the extract obtained from cereals is expected to decline the demand for the product to some extent throughout the forecast period. The extract is routinely subjected to a freeze-thawing process to induce gelation, which results in additional costs of freezing.
Report Coverage | Details |
---|---|
Base Year: | 2019 |
Market Size in 2019: | 329.4 (USD) Million |
Forecast Period: | 2020 to 2026 |
Forecast Period 2020 to 2026 CAGR: | 7.20% |
Historical Data for: | 2015 to 2019 |
No. of Pages: | 730 |
Tables, Charts & Figures: | 1,324 |
Segments covered: | Extract |
Growth Drivers: |
|
Pitfalls & Challenges: |
|
To get more details on this report: Request Free Sample PDF
Improvement in food processing technique, such as assisted ultrasound, enzyme extraction, pressurized extraction & others, may provide a platform for the extraction of beta glucan for cereals, such as wheat & barley, seaweed strains, and mushrooms, but it is time consuming and the instrumentation cost is high. Also, if consumed in high doses the product may induce side effects such as allergic reactions, diarrhea, excessive gas, nausea, and abdominal bloating.
To get more details on this report: Request Free Sample PDF
The beta glucan market is segmented by extract into cereal grains, yeast, mushroom and seaweed. Cereal grains are further sub-divided by products into oats and barley. Oats beta glucan is expected to surpass USD 115 Million by 2026. The property of oats to lower blood cholesterol and blood sugar levels coupled with its ability to prevent cardiovascular problems is expected to raise the demand for cereal grains in the years to come. Consumption of 3 grams per day of oat beta glucan can reduce LDL cholesterol up to 10% and risk of CVD by 20%.
Beneficial properties offered by barley cereal grain such as maintaining blood pressure, controlling cholesterol levels, and stimulating the immune system is likely to raise the product demand. Increasing efforts being undertaken by major players in sourcing high quality barley raw materials and developing extraction technologies to produce high-quality product line may further boost the beta glucan market growth.
To get more details on this report: Request Free Sample PDF
Global Beta Glucan market by yeast extract is bifurcated by form into soluble and insoluble. High degree of polymerization activity and high stability of insoluble beta glucan extracted from yeast may provide promising applications to it from animal feed and pharmaceutical industry. Furthermore, the easy mixing and delivery system of insoluble beta glucan extracted from yeast is likely to increase its use in aquaculture application. Insoluble beta glucan extracted from yeast is expected to grow at a CAGR of 8.6% over the review period.
Mushroom derived beta glucan offers several health benefits such as high protein, vitamin and fiber content and low cholesterol, fat and carbohydrates, which is likely to raise the demand for beta glucan extracted from mushrooms in the food & beverage sector. Furthermore, increasing efforts by industry players to develop product formulations with improved taste and nutritional value is expected to augment the beta glucan market revenue. The food & beverage business for mushrooms is expected to exceed USD 45 Million by 2026.
Anti-allergic, anti-cholesterol, and anti-tumor properties of mushroom make it an ideal solution to cure severe diseases such as cancer, AIDS, and other skin diseases. Soluble fiber present in mushroom prevents cardiovascular diseases, which makes it suitable for use in pharmaceutical and nutraceutical applications. The increasing use of Shiitake mushrooms to increase the resistance of intestinal mucosa to inflammation and inhibit the development of intestinal ulcers may further promote the growth of the beta glucan market.
The growth of the market should be primarily driven by the dual characteristics of preservation and skin toning of seaweed extracts. The cosmetics segment is expected to reach USD 6.5 Million by 2026 over the review period. The property of seaweed extracts to improve skin texture by triggering the production of healthy skin cells is likely to raise beta glucan market demand from anti-ageing products. Furthermore, the antioxidant-rich nature aids in binding cosmetic ingredients and increasing shelf life and protein from various environmental susceptibilities.
The adoption of modern cultivation methods and easy availability of labor in Asia Pacific have boosted mushroom cultivation. The polysaccharide fraction of mushrooms is primarily composed of beta glucans with desirable immune modulating properties, which make mushrooms an ideal raw material. Growing consumer awareness regarding the nutritional value of mushrooms coupled with increasing realization in farmers of the crop’s income yielding potential through trade should drive mushroom cultivation.
The cultivation of mushrooms and truffles in China surpassed 6.5 million tons in 2018, which offers healthy growth opportunities for beta glucans. Favorable climatic conditions for mushroom cultivation, such as warmth, humidity, high rainfall, frost-free, along with the presence of forests, which offers substantial supply of wood logs is expected to further aid the beta glucan market in the region.
Key players operating in the beta glucan industry are Cargill, Kerry Group, DSM, Lesaffre International, Angel Yeast Co., Ltd., AIT Ingredients, Biorigin, Super Beta Glucan, Ohly, CEAPRO, Immuno Medic, Tate & Lyle PLC, Garuda International, Frutarom, Sigma Aldrich Corporation, Speciality Biotech, Alltech Life Sciences and GlycaNova.
The market may witness consolidation in the form of acquisitions & joint ventures, and mergers which may strengthen product portfolio and augment share for Global Beta Glucan Market. Besides players are also investing in research and development activities to develop better quality products and sustain their position in the market.
In May 2013, Tate & Lyle acquired Biovelop, a Swedish oat-based beta glucan manufacturer. This strategic acquisition would enable the company to expand its product base in oat-based beta glucan sector.
In March 2019, Cargill introduced its beta glucan product called Barliv at FiE Paris. The company also presented research studies in collaboration with the University of Minnesota Medical School. Barliv contains over 70% form of concentrated barley beta glucan, which can be used in fortifying beverages, nutritional bars, dietary supplements, and bars. This new product will help the company in improving the brand recognition in the food & beverage sector and broaden the consumer base.
The Global beta glucan market report includes in-depth coverage of the industry with estimates & forecast in terms of volume in Tons & revenue in USD Million from 2015 to 2026 for the following segments:
Click here to Buy Section of this Report
The above information has been provided for the following countries: