Beta glucan is type of dietary fiber that is soluble in water, although partially. It plays a crucial role in controlling cholesterol levels, managing blood sugar, and keeping the heart healthy. They are found in oats, whole grains, barley, wheat, and bran. They can also be extracted from cell walls of algae, yeasts, bacteria, lichens, and fungi. Beta glucans are available in supplement form and are used as food additives in various consumer food products such as frozen desserts and salads.
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Increasing focus on developing nutritional diets will be the key factor spiraling growth in the global beta glucan market. An in-depth market analysis has been shared by Fortune Business Insights in its report, titled “Beta Glucan Market Size, Share And Global Trend By Source (Mushroom, Yeast, Cereal, Seaweed), By Application (Food & Beverages Manufacturers, Animal Feed, Personal Care, Pharmaceuticals), And Geography Forecast Till 2026”. The report also sheds light on the major factors that will drive market growth during the forecast period.
Europe to Present the Most Lucrative Market Opportunities
Among the regions, Europe is anticipated to hold a commanding share in the global beta glucen market. This is premised on the increasing disposable incomes and presence of major market players in the region. Asia-Pacific is expected to follow Europe in terms of revenue during the forecast period, primarily on account of rising production capacities in China, and general rise in income levels.
- Food & Beverages Manufacturers
- Animal Feed
- Personal Care
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Wide-ranging Health Benefits of Beta Glucans to Boost the Market
The global beta glucan market is poised for a major thrust as manufacturers and medical professionals discover the multiple health benefits of beta glucans. For example, people suffering from immune system diseases such as HIV/AIDS are given beta glucan injections to stimulate the immune system. Similarly, beta glucans can used to contain the spread of certain types of cancers. The substance is also being used in cosmetics. Thus, the wide-ranging medical applications of beta glucans will properl the global beta glucan market in the coming decade.
Some of the Main Key Players Covered in the Report:
- Kerry Group plc
- Cargill Incorporated
- EMD Millipore Corporation
- Tate & Lyle plc
- Royal DSM
- Frutarom Industries Ltd.
- Biotec Pharmacon ASA
- Swedish Oat Fiber AB
- Super Beta Glucan
- Garuda International, Inc.
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Availability of Substitutes to Put Constraints on Market Growth
Beta glucan substitutes have a growing market presence owing to efficient advertising strategies. This can have a negative impact on the global beta glucan market revenue during the forecast period. Additionally, there are certain side-effects associated with beta glucan consumption. For example, AIDS patients who are given beta glucan supplements have been seen to develop thickening of skin on their hands and feet. Beta glucans taken through injections have also caused low blood pressure, white blood cell count decline, and increased urination. These factors can restrict the global beta glucan market potential.
Market Potential to be Enhanced with Rising Health Consciousness
With increasing stress-related disorders and rising prevalence of lifestyle-induced diseases such as diabetes and cardiac malfunctions, people across the globe are rapidly altering their food habits. This requires them to reduce their consumption of carbohydrates and fats and increase protein and fiber intake. The global beta glucan market stands to benefit from this development as beta glucan foods are efficient energy sources.
Research and Development Get High Priority; Companies Launch Innovative Products
In September 2017, Tate & Lyle’s PromOat Beta Glucan and PrOatein Oat Protein ingredients received Non-GMO Project certification. This development augurs well for the global beta glucan market as it will encourage market incumbents to invest more extensively in research and development activities and come out with innovative products. Companies like Swedish Oat Fiber are ramping up their research by conducting studies to understand various aspects of beta glucan. For instance, a recent study by the company revealed that adding oat beta glucan to instant oatmeal positively impacts glycemia in humans.
Key players in the global beta glucan market include Cargill Incorporated, Super Beta Glucan, Tate & Lyle PLC, Kerry Group PLC, Garuda International Inc., Biotech Pharmacon ASA, Swedish Oat Fiber AB, and others.
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