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Beta Glucan Market By Source Type (Cereals, Fungal & Microbial ), By Application (Food & Beverage, Pharmaceutical, Cosmetics, Animal Feed ) - Growth, Future Prospects And Competitive Analysis, 2017 - 2025

Beta-glucan is considered an important functional ingredient with numerous health benefits. As consumer interest in nutraceutical products grows, industries are incorporating beta-glucan to fortify foods with high dietary fiber levels. Furthermore, beta-glucan influences metabolic parameters and aids in the treatment of chronic diseases. The worldwide development of policies for the inclusion of functional ingredients in industrial products boosts the global beta-glucan market.

Among the source types, the cereals segment accounted for a major value share in 2016, with oats considered to be a diverse nutrient supplier and expected to gain a gradual increase in share by 2025. This is attributed to the efforts of manufacturers to offer novel food products with barley, which is a high source of beta-glucan. The fungal and microbial segment is expected to grow positively due to increased demand for yeast-glucan in cosmetics and pharmaceutical applications.

In 2016, the food and beverage segment accounted for more than 25% of the value share, according to application segmentation. Increasing demand for fibrous intake and concerns over blood cholesterol levels are major drivers of the beta-glucan market in food and beverage applications. Also, beta-glucan allows food product manufacturers to impart heart-health claims in functional foods such as heart-healthy biscuits, dairy products, snack bars, etc., which in turn aids in driving the global beta-glucan market.

Advanced algae technologies are being used in animal feed applications to boost poultry immune systems and protect them from disease attacks. Algal Scientific Corporation, the U.S.-based beta-glucan manufacturer for animal feeds, is one such company, with its proprietary technology offering algae-derived beta-glucan and algae meals containing 50% beta-glucan content. The beta-glucan market in animal feed applications is expected to experience a solid upsurge in demand over the forecast period.

Geographically, Europe accounted for a major share of the global beta-glucan market in 2016. Approval of health claims by the E.U. related to heart health, blood glucose control, cholesterol control, and digestive health will fuel the growth of the beta-glucan market in the region over the forecast period. In Asia Pacific, government initiatives to raise awareness about cancer, women's heart health, and maternal health are expected to drive the sales revenue of beta-glucan during the forecast period.

Some of the key players present in this market are ADEKA Corporation, Koninklijke DSM N.V., BIOTEC PHARMACON, Tate & Lyle PLC, Ohly GmbH, Bioresis Malaysia, Kraeber & Co GmbH, Swedish Oat Fiber AB, NutraQ AS, Hangzhou New Asia International Co., Ltd., and Orffa International Holding B.V., among others. Mergers and acquisitions, as well as new product launches, are some of the strategies the companies are undertaking to mark their robust presence in the global beta-glucan market.

The report titled "Global Beta-Glucan Market: Growth, Future Prospects, and Competitive Analysis, 2017–2025" offers strategic insights into the global beta-glucan market along with the market size and estimates for the duration of 2015–2025. The said research study covers an in-depth analysis of multiple market segments based on source type, application, and cross-sectional study across different geographies. The study covers the comparative analysis of different segments for the years 2016 and 2025. The report also provides a prolific view of market dynamics, such as market drivers, restraints, and opportunities.

The report also includes profiles of the leading beta-glucan manufacturers, as well as their product portfolios and key developments, to assist strategic decision-makers.

Other in-depth analysis provided in the report includes:

  • Current and future market trends to justify the forthcoming attractive markets within the beta-glucan industry
  • Market fuelers, market impediments, and their impact on market growth
  • in-depth competitive environment analysis
  • Trailing 2-year market size data (2015–2016)
  • SRC (Segment, Region, Country) Analysis

Overall, the research study provides a holistic view of the global beta-glucan market, offering market size and estimates for the period from 2017 to 2025, keeping in mind the above-mentioned factors.

For the purpose of this study, the global beta-glucan market by source type is categorized into:

Cereals

  • Oats
  • Barley

Fungal and microbial

  • Mushroom
  • Yeast
  • Algae
  • Others (dates, peas, etc.)

Beta-glucans are sugars made up of the polysaccharide -D-glucose. Oats and barley in the cereals category and mushrooms and yeast in the fungal and microbial categories are rich sources of beta-glucan. The beta-glucan is extracted from the cell walls of these sources, which is considered a highly enriched nutritional source for humans as well as for animal feed.

Cereals were estimated to account for more than 42% of the value share among source types in 2016. The beta-glucan content in barley ranges from 3% to 11%, whereas in oats, it is 3% to 7%. These cereals are widely used in commercial food applications such as grits, pearled barley, oat flakes, malt flour, etc. Although the use of oats in human foods is more prevalent than barley, the reason being the long cooking time for barley, companies are developing new cooking products such as puffed barley products and extruded barley, thereby providing a new growth platform for the beta-glucan market.

Positive climatic conditions and the fertility of harvesting fields have a direct impact on cereal yield, whereas geopolitical climates, technological advances, and agronomic conditions influence cereal prices. Also, the increasing intensity of health research and social media, coupled with food fads and the globalization of food products, is expected to create value for the beta-glucan market over the forecast period.

For the purpose of this study, the global beta-glucan market by application is categorized into:

  • Food & Beverage
  • Pharmaceutical
  • Cosmetics
  • Animal Feed

Beta-glucan is a unique fiber ingredient used in a wide range of applications, including food and beverage, cosmetics, and pet food. According to the WHO, in 2012, coronary heart disease led to around 7.6 million deaths worldwide. Several research studies have demonstrated that increased intake of viscous fibers such as beta-glucan effectively reduces cholesterol levels, thereby lowering cardiac risks. In 2016, the food and beverage segment accounted for more than 25% of the market value share and was expected to gain traction further over the forecast period.

Because of its significant therapeutic effects for cancer, HIV/AIDS, immune-related diseases, heart disease, and other diseases, the beta-glucan market in pharmaceutical applications is expected to grow significantly over the forecast period. Various companies are researching and developing beta-glucan medicinal products, where beta-glucan is considered one of the future growth drivers. For instance, BIOTEC PHARMACON, a Norway-headquartered company engaged in manufacturing immune-related compounds for human health sectors, considers various derivatives of beta-glucans to be its future drivers. Woulgan, a wound healing gel, has a 33% market share in the United States alone, with further market potential.

On the basis of geography, the global beta-glucan market is segmented into the following regions and countries:

North America

  • U.S.
  • Canada

Europe

  • EU7
  • CIS
  • Rest of Europe

Asia Pacific

  • China
  • India
  • Japan
  • Rest of Asia Pacific

Latin America

  • Brazil
  • Mexico
  • Argentina
  • rest of Latin America

Middle East and Africa

  • GCC Countries
  • South Africa
  • Rest of the Middle East and Africa

The European market accounted for around 30% of the global beta-glucan market's value in 2016 and is expected to remain dominant. This is because the E.U. has commissioned four health claims related to oat beta-glucan consumption. Furthermore, countries such as Russia, Finland, Poland, the U.K., Germany, and Sweden in Europe are the major producers of beta-glucan sources.

Factors such as increasing consumer demand for healthy dietary fiber intake are expected to drive the beta-glucan market in North America and Europe. Asia Pacific, on the other hand, is expected to see significant growth in terms of both value and volume, thanks to positive consumer trends in functional ingredient consumption.

Frequently Asked Question:

The market for Beta Glucan Market is expected to reach USD$ XX Mn in 2025.

The Beta Glucan Market is expected to see significant CAGR growth over the coming years, at 7.2%.

The report is forecasted from 2017 -2025.

The base year of this report is 2016.

ADEKA Corporation, Koninklijke DSM N.V., BIOTEC PHARMACON, Tate & Lyle PLC, Ohly GmbH, Bioresis Malaysia, Kraeber & Co GmbH, Swedish Oat Fiber AB. are some of the major players in the global market.

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Trusted By
Godaddy
Published Date:  Sep 2017
Category:  Food & Beverage
Report ID:   58716
Report Format:   PDF
Pages:   120
Rating:    4.8 (60)
Delivery Time: 24 Hours to 48 Hours   
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