Global Beta Glucan Market Size, Share, Growth, Trends, and Forecast (2024 - 2031)
Global Beta Glucan Market Scope: Historical Data (2021 – 2022), Base Year (2023), Forecast Period (2024 – 2031)
Market Segmentation: By Category (Soluble, and Insoluble), Application (Food and Beverage, (Dairy, Snacks, Beverages, Confectionery, Baked Goods, and Other Food and Beverages), Healthcare and Dietary Supplements, (Infant Nutrition, and Dietary Supplements), and Other Applications), Source (Fungi, (Yeast, and Mushroom), Cereals, and Other Sources), and Region (North America, Europe, Asia Pacific, Latin America, Middle East, and Africa)
Market Overview
The Global Beta Glucan Market was valued at USD 584.5 million in 2023 and is expected to reach USD 1,073.9 million by 2031 while growing at a CAGR of 7.9% during the forecast period (2024-2031).
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Market Dynamics
This section of the report will analyze various driving and restraining factors that are expected to have a significant impact on the global beta glucan market growth. Beta-glucans, complex carbohydrates found in fungi, bacteria, yeasts, and plants like oats and barley, possess unique structural and functional properties due to their specific arrangement of linked glucose molecules.
Increasing awareness of health and wellness, along with the growth of the functional food and nutraceutical industries, propels the beta glucan market. Despite this momentum, challenges like high production costs and regulatory hurdles may impede further market expansion.
Furthermore, the global beta glucan industry will be analyzed through various tools including PESTLE analysis, and Porter’s analysis.
Segmentation – By Category Analysis
The Global Beta Glucan Market is segmented among Soluble, and Insoluble, based on Category. In 2023, Insoluble accounted for the majority of the market share*.
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Segmentation – By Application Analysis
The Global Beta Glucan Market is segmented among Food and Beverage, Healthcare and Dietary Supplements, and Other Applications, based on Application. In 2023, Food and Beverage accounted for the majority of the market share*.
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Global Beta Glucan Market: Regional Analysis
Based on region, the market is divided into six regions including North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. In 2023, North America dominated the market with the highest market share, while Asia Pacific is expected to grow with the highest CAGR during the forecast period (2024 – 2031).
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Competitive Landscape
Some of the key players operating in the market are Lantmannen, Kerry Group PLC, Koninklijke DSM NV, Super Beta Glucan Inc., Lallemand Inc., Ceapro Inc., Merck KGaA, Lesaffre International, Kemin Industries, and Vesta Ingredients Inc.
Table of Contents:
1. Research Methodology and Market Scope
Research Methodology
Market Scope
2. Executive Summary
3. Global Beta Glucan Market Dynamics
Drivers
Restraints
Opportunity
4. Global Beta Glucan Industry Analysis
PEST Analysis
Porter's Five Force Analysis
Recent Deals Analysis
5. Global Beta Glucan Market Segmentation, By Category
Global Beta Glucan Market Share Analysis, By Category
Global Beta Glucan Market Growth Analysis, By Category
Global Beta Glucan Market Trends, By Category
o Soluble
o Insoluble
6. Global Beta Glucan Market Segmentation, By Application
Global Beta Glucan Market Share Analysis, By Application
Global Beta Glucan Market Growth Analysis, By Application
Global Beta Glucan Market Trends, By Application
o Food and Beverage
Ø Dairy
Ø Snacks
Ø Beverages
Ø Confectionery
Ø Baked Goods
Ø Other Food and Beverages
o Healthcare and Dietary Supplements
Ø Infant Nutrition
Ø Dietary Supplements
o Other Applications
7. Global Beta Glucan Market Segmentation, By Source
Global Beta Glucan Market Share Analysis, By Source
Global Beta Glucan Market Growth Analysis, By Source
Global Beta Glucan Market Trends, By Source
o Fungi
Ø Yeast
Ø Mushroom
o Cereals
o Other Sources
8. Global Beta Glucan Market Segmentation, By Region
Global Beta Glucan Market Share Analysis, By Region
Global Beta Glucan Market Growth Analysis, By Region
Global Beta Glucan Market Trends, By Region
o North America
o Europe
o Asia Pacific
o Latin America
o Middle East
o Africa
9. Competitive Landscape
Lantmannen*
o Company Overview
o Financial Performance
o Key Development/Strategies
o SWOT Analysis
Kerry Group PLC
Koninklijke DSM NV
Super Beta Glucan Inc.
Lallemand Inc.
Ceapro Inc.
Merck KGaA
Lesaffre International
Kemin Industries
Vesta Ingredients Inc
*Similar analysis will be provided for each company listed above.