Global Beta Glucan Market Size

Global Beta Glucan Market Size

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.

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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.

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.