Beta-Glucan Market, Size, Share, Outlook, and Opportunity Analysis, 2021 - 2028

Beta-glucan is a natural ingredient that is used to provide texture to baked food products. Basically it is a fiber and enhances the nutritional value and dietary fiber content of the food products. Moreover, it acts as a prebiotic ingredient and promotes better gut health. It also offers various health benefits such as regulating blood cholesterol and sugar levels. Furthermore, it also ceases the development of cancer-causing cells.

The global beta-glucan market is estimated to be valued at US$ 448.3 million in 2021 and is expected to exhibit a CAGR of 7.0 % over the forecast period (2021-2028).

Market Dynamics:

R&D in beta glucan is expected to propel growth of the global beta-glucan market over the forecast period. For instance, in August 2021, Ceapro Inc. collaborated with the Boston-based Angiogenesis Foundation, a scientific organization, for Beta Glucan and Avenanthramides.

Major players operating in the global beta-glucan market are focused on adoption various strategies to enhance their market share. For instance, in June 2020, Biotec Pharmacon officially rebranded to ArcticZymes Technologies. The name change will also coincide with the unveiling of a new brand identity, a new corporate logo and an updated website (Arcticzymes.com).

Detailed Segmentation:

• Global Beta-Glucan Market, By Functionality :

  • Soluble

  • Insoluble

• Global Beta-Glucan Market, By Source:

  • Cereals

    • Oats

    • Barley

  • Yeast

Global Beta-Glucan Market, By Application :

• Food & Beverages

• Bakery Products

• Health & Dietary supplements

• Dairy & Frozen Products

Global Beta-Glucan Market: Opportunities

The increasing consumption of bakery food products around the globe is projected to bring new and bring opportunities for the market in the near future. According to the American Bakers Association, total bread and baked goods sales rose 1.5% in 2018, surpassing $59 billion—split between the fresh bakery department and items located in the grocery, frozen, and dairy departments—while in-store bakery grew 2.2% year over year to $13.8 billion in sales, fueled by desserts, sweet goods, and cookies.

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Major Keyplayers: Associated British Foods Plc, Biotec Pharmacon ASA (Biotec BetaGlucans AS), Biothera, the Immune Health Company, Ceapro Inc., Immuno Medic AS, Koninklijke DSM N.V., Super Beta Glucan (SBG) Inc., Groupe Soufflet S.A (AIT Ingredients), Tate & Lyle plc. (Tate & Lyle Oats Ingredients),and Zilor Inc. (Biorigin)

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