“Global Beta Glucan Market to reach a market value of USD 897.3 Million by 2030 growing at a CAGR of 7.7%”
The Global Beta Glucan Market size is expected to reach $897.3 million by 2030, rising at a market growth of 7.7% CAGR during the forecast period.
Beta glucans are added to soups, broths, and ready-to-eat meals to enhance their nutritional content. Thus, the food & beverages segment acquired $2,01,434.8 thousand revenue in 2022. As consumers seek convenient and nutritious options, incorporating beta-glucans into these products aligns with the demand for functional and health-conscious choices. It introduced into cooking ingredients such as flour, thickeners, and sauces. This allows consumers to incorporate beta-glucans into their home-cooked meals, promoting the integration of these health-promoting ingredients into everyday diets. It is featured in sports nutrition products and energy bars, providing a natural source of energy, and promoting recovery. Including beta-glucans aligns with the broader trend of incorporating functional ingredients into sports and fitness-related nutrition.
Beta-glucans have been studied for their potential to support respiratory health. As respiratory infections, including colds and flu, are common, consumers are drawn to products containing beta-glucans to fortify their immune systems against such challenges. Stress can weaken the immune system. Beta-glucans, with their adaptogenic properties, may help counteract stress-induced immune suppression, making them appealing to individuals managing high-stress lifestyles. The global focus on viral infections, especially in recent health challenges, has heightened awareness about the importance of a robust immune system. Beta-glucans, with their potential immune-boosting effects, address these concerns. Additionally, clean label products emphasize transparency in ingredient sourcing and production processes. It, obtained from identifiable sources, contribute to the overall transparency of products, meeting consumer expectations for ingredient traceability. Clean label products avoid synthetic additives and heavily processed ingredients. Beta-glucans, being naturally occurring polysaccharides found in fungi, oats, and other plant-based sources, fit well within the framework of minimally processed and natural ingredients.
However, economic downturns often result in reduced disposable income for households. As consumers face financial constraints, spending on non-essential items, including supplements and functional foods, may decline. Consumers may shift towards value-based purchasing, opting for more affordable alternatives. It products, especially those positioned as premium or higher-priced, may experience decreased demand. Consumer preferences may shift towards necessities, impacting the demand for specialty health ingredients like beta-glucans. Products perceived as non-essential may face decreased consumer interest. Rising unemployment rates during economic downturns can contribute to lower consumer confidence. Concerns about job security may result in decreased spending on non-essential products. Thus, economic downturn impact can slow down the growth of the beta glucan market.
On the basis of vertical, the beta glucan market is divided into food & beverages, animal feed, personal care & cosmetics, pharmaceuticals, and others. The personal care & cosmetics segment procured a promising growth rate in the beta glucan market in 2022. Beta glucans exhibit anti-inflammatory properties, effectively calming and soothing irritated or inflamed skin. Skincare products formulated with beta-glucans can benefit individuals with sensitive or reactive skin. Beta glucans contribute to the texture and feel of cosmetic products. Their ability to provide a smooth and luxurious sensation on the skin enhances the overall sensory experience of using skincare and cosmetic items. Skincare brands often educate consumers about the benefits of beta glucans through marketing campaigns. This educational approach helps consumers make informed choices and encourages the adoption of products containing beta-glucans.
Based on source, the beta glucan market is classified into cereal, mushroom, yeast, and seaweed. The mushroom segment acquired a substantial revenue share in the beta glucan market in 2022. Mushrooms are rich natural sources of beta-glucans. These polysaccharides, found in the cell walls of mushrooms, particularly the fruiting bodies, contribute to the nutritional profile of these fungi. The natural presence of beta-glucans in mushrooms makes them an attractive and bioavailable source for consumers. Mushrooms are perceived as natural and clean-label ingredients, aligning with consumer preferences for products with minimal processing and natural origins. Mushrooms are versatile ingredients in various global cuisines. The integration of mushrooms into diverse culinary traditions contributes to their widespread acceptance and use, fostering market segment growth.
By type, the beta glucan market is categorized into soluble and insoluble. In 2022, the soluble segment held the highest revenue share in the beta glucan market. Soluble beta-glucans act as soluble fibers, contributing to improved gut health. Incorporating soluble beta-glucans into functional foods and beverages, such as cereals, energy bars, and drinks, has gained popularity. These products offer consumers a convenient and tasty way to increase their soluble fiber intake, supporting digestive well-being. Soluble beta-glucans are featured in various dietary supplements marketed for immune support. The solubility of these beta-glucans allows for easy formulation into capsules, tablets, and powders, providing consumers with convenient options to enhance their immune health.
Free Valuable Insights: Global Beta Glucan Market size to reach USD 897.3 Million by 2030
Region-wise, the beta glucan market is analysed across North America, Europe, Asia Pacific, and LAMEA. In 2022, the Europe region led the beta glucan market by generating the highest revenue share. Europe has seen a significant rise in health and wellness consciousness among consumers. Ongoing research on the benefits of beta-glucans, including their potential role in immune health, cardiovascular health, and weight management, contributes to innovation in European product development. European consumers often prioritize clean label products with natural ingredients.
| Report Attribute | Details |
|---|---|
| Market size value in 2022 | USD 503.6 Million |
| Market size forecast in 2030 | USD 897.3 Million |
| Base Year | 2022 |
| Historical Period | 2019 to 2021 |
| Forecast Period | 2023 to 2030 |
| Revenue Growth Rate | CAGR of 7.7% from 2023 to 2030 |
| Number of Pages | 240 |
| Number of Tables | 370 |
| Report coverage | Market Trends, Revenue Estimation and Forecast, Segmentation Analysis, Regional and Country Breakdown, Porter’s 5 Forces Analysis, Company Profiling, Companies Strategic Developments, SWOT Analysis, Winning Imperatives |
| Segments covered | Source, Type, Vertical, Region |
| Country scope |
|
| Companies Included | Koninklijke DSM N.V., Kemin Industries, Inc., Associated British Foods PLC (Wittington Investments Limited), Lesaffre Group, Kerry Group plc, Angel Yeast Co., Ltd., Givaudan S.A., Cargill, Incorporated, Lallemand, Inc., Super Beta Glucan Inc. |
By Vertical
By Source
By Type
By Geography
This Market size is expected to reach $897.3 million by 2030.
Growing interest in immune health are driving the Market in coming years, however, Adverse impact of economic downturn impact restraints the growth of the Market.
Koninklijke DSM N.V., Kemin Industries, Inc., Associated British Foods PLC (Wittington Investments Limited), Lesaffre Group, Kerry Group plc, Angel Yeast Co., Ltd., Givaudan S.A., Cargill, Incorporated, Lallemand, Inc., Super Beta Glucan Inc.
The expected CAGR of this Market is 7.7% from 2023 to 2030.
The Cereal segment is leading the Market, by Source in 2022; there by, achieving a market value of $316.2 million by 2030.
The Europe region dominated the Market, by Region in 2022, and would continue to be a dominant market till 2030; there by, achieving a market value of $295 million by 2030.
Our team of dedicated experts can provide you with attractive expansion opportunities for your business.
Unique Offerings 