The North America Beta Glucan Market would witness market growth of 7.4% CAGR during the forecast period (2023-2030).
Beta-glucans are utilized in the textile industry for their moisture-absorbing properties. Textile finishing processes incorporate beta-glucans to enhance fabric properties, providing moisture management and comfort in clothing. Ongoing research and development efforts are focused on improving the extraction and purification processes of beta-glucans. Advanced technologies are being employed to improve the bioavailability and purity of beta-glucan extracts, ensuring higher quality and efficacy in end products. The convergence of biotechnology with beta glucan research opens new avenues for innovation. Biotechnological advancements are being explored to unlock the full therapeutic potential of beta-glucans, with applications ranging from pharmaceuticals to wound healing and beyond.
Beta-glucans are increasingly incorporated into functional beverages marketed for immune support and overall health. Wellness shots, fruit juices, and other beverages leverage the functional properties of beta-glucans to appeal to health-conscious consumers. Beta-glucans are incorporated into everyday foods such as bread, pasta, and cooking ingredients, expanding their presence beyond traditional functional foods. This trend contributes to normalizing beta-glucans as functional ingredients in daily diets. Ongoing research is exploring the potential of beta-glucans in cancer immunotherapy. Their ability to modulate the immune system has prompted investigations into novel therapeutic approaches, marking a trend toward exploring beta-glucans in broader medical applications.
As per the International Trade Administration (ITA), in the first half of 2022, the Canadian cosmetics industry was the fastest-growing industry in the country. In 2022, Canada’s personal care and beauty sector earned around $11 billion in revenue. As in many other regions, consumer preferences in Canada are shifting towards natural and clean beauty products. The personal care industry in Canada is witnessing an increased demand for products with natural ingredients. In cosmetic products like lotions, creams, and serums, beta-glucans can enhance skin hydration, addressing consumer preferences for effective skincare solutions in Canada. Also, ITA estimates by 2024, cosmetic industry revenue is anticipated to increase by 1.45% yearly to USD 1.8 billion. Hence, the factors mentioned above will drive the regional market growth.
The US market dominated the North America Beta Glucan Market, by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $196,533.2 Thousands by 2030. The Canada market is registering a CAGR of 9.8% during (2023 - 2030). Additionally, The Mexico market would showcase a CAGR of 8.9% during (2023 - 2030).
Free Valuable Insights: The Beta Glucan Market is Predict to reach $897.3 Million by 2030, at a CAGR of 7.7%
Based on Vertical, the market is segmented into Food & Beverages, Animal Feed, Personal Care & Cosmetics, Pharmaceuticals and Others. Based on Source, the market is segmented into Cereal, Yeast, Seaweed, and Mushroom. Based on Type, the market is segmented into Soluble and Insoluble. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
List of Key Companies Profiled
- 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.
North America Beta Glucan Market Report Segmentation
By Vertical
- Food & Beverages
- Animal Feed
- Personal Care & Cosmetics
- Pharmaceuticals
- Others
By Source
- Cereal
- Yeast
- Seaweed
- Mushroom
By Type
By Country
- US
- Canada
- Mexico
- Rest of North America
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Beta Glucan Market, by Vertical
1.4.2 North America Beta Glucan Market, by Source
1.4.3 North America Beta Glucan Market, by Type
1.4.4 North America Beta Glucan Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges
3.3 Porter Five Forces Analysis
Chapter 4. North America Beta Glucan Market, by Vertical
4.1 North America Food & Beverages Market, by Country
4.2 North America Animal Feed Market, by Country
4.3 North America Personal Care & Cosmetics Market, by Country
4.4 North America Pharmaceuticals Market, by Country
4.5 North America Others Market, by Country
Chapter 5. North America Beta Glucan Market, by Source
5.1 North America Cereal Market, by Country
5.2 North America Yeast Market, by Country
5.3 North America Seaweed Market, by Country
5.4 North America Mushroom Market, by Country
Chapter 6. North America Beta Glucan Market, by Type
6.1 North America Soluble Market, by Country
6.2 North America Insoluble Market, by Country
Chapter 7. North America Beta Glucan Market, by Country
7.1 US Beta Glucan Market
7.1.1 US Beta Glucan Market, by Vertical
7.1.2 US Beta Glucan Market, by Source
7.1.3 US Beta Glucan Market, by Type
7.2 Canada Beta Glucan Market
7.2.1 Canada Beta Glucan Market, by Vertical
7.2.2 Canada Beta Glucan Market, by Source
7.2.3 Canada Beta Glucan Market, by Type
7.3 Mexico Beta Glucan Market
7.3.1 Mexico Beta Glucan Market, by Vertical
7.3.2 Mexico Beta Glucan Market, by Source
7.3.3 Mexico Beta Glucan Market, by Type
7.4 Rest of North America Beta Glucan Market
7.4.1 Rest of North America Beta Glucan Market, by Vertical
7.4.2 Rest of North America Beta Glucan Market, by Source
7.4.3 Rest of North America Beta Glucan Market, by Type
Chapter 8. Company Profiles
8.1 Koninklijke DSM N.V.
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Segmental and Regional Analysis
8.1.4 Research & Development Expense
8.1.5 SWOT Analysis
8.2 Kemin Industries, Inc.
8.2.1 Company Overview
8.2.2 Recent strategies and developments:
8.2.2.1 Trails and Approval:
8.2.3 SWOT Analysis
8.3 Associated British Foods PLC (Wittington Investments Limited)
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Segmental and Regional Analysis
8.3.4 Research & Development Expense
8.3.5 SWOT Analysis
8.4 Lesaffre Group
8.4.1 Company Overview
8.4.2 SWOT Analysis
8.5 Kerry Group PLC
8.5.1 Company Overview
8.5.2 Financial Analysis
8.5.3 Segmental and Regional Analysis
8.5.4 Research & Development Expenses
8.5.5 SWOT Analysis
8.6 Angel Yeast Co., Ltd.
8.6.1 Company Overview
8.6.2 SWOT Analysis
8.7 Givaudan S.A.
8.7.1 Company Overview
8.7.2 Financial Analysis
8.7.3 Segmental and Regional Analysis
8.7.4 Research & Development Expense
8.7.5 SWOT Analysis
8.8 Cargill, Incorporated
8.8.1 Company Overview
8.8.2 SWOT Analysis
8.9 Lallemand, Inc.
8.9.1 Company Overview
8.9.2 SWOT Analysis
8.10. Super Beta Glucan Inc.
8.10.1 Company Overview
8.10.2 SWOT Analysis
TABLE 1 North America Beta Glucan Market, 2019 - 2022, USD Thousands
TABLE 2 North America Beta Glucan Market, 2023 - 2030, USD Thousands
TABLE 3 North America Beta Glucan Market, by Vertical, 2019 - 2022, USD Thousands
TABLE 4 North America Beta Glucan Market, by Vertical, 2023 - 2030, USD Thousands
TABLE 5 North America Food & Beverages Market, by Country, 2019 - 2022, USD Thousands
TABLE 6 North America Food & Beverages Market, by Country, 2023 - 2030, USD Thousands
TABLE 7 North America Animal Feed Market, by Country, 2019 - 2022, USD Thousands
TABLE 8 North America Animal Feed Market, by Country, 2023 - 2030, USD Thousands
TABLE 9 North America Personal Care & Cosmetics Market, by Country, 2019 - 2022, USD Thousands
TABLE 10 North America Personal Care & Cosmetics Market, by Country, 2023 - 2030, USD Thousands
TABLE 11 North America Pharmaceuticals Market, by Country, 2019 - 2022, USD Thousands
TABLE 12 North America Pharmaceuticals Market, by Country, 2023 - 2030, USD Thousands
TABLE 13 North America Others Market, by Country, 2019 - 2022, USD Thousands
TABLE 14 North America Others Market, by Country, 2023 - 2030, USD Thousands
TABLE 15 North America Beta Glucan Market, by Source, 2019 - 2022, USD Thousands
TABLE 16 North America Beta Glucan Market, by Source, 2023 - 2030, USD Thousands
TABLE 17 North America Cereal Market, by Country, 2019 - 2022, USD Thousands
TABLE 18 North America Cereal Market, by Country, 2023 - 2030, USD Thousands
TABLE 19 North America Yeast Market, by Country, 2019 - 2022, USD Thousands
TABLE 20 North America Yeast Market, by Country, 2023 - 2030, USD Thousands
TABLE 21 North America Seaweed Market, by Country, 2019 - 2022, USD Thousands
TABLE 22 North America Seaweed Market, by Country, 2023 - 2030, USD Thousands
TABLE 23 North America Mushroom Market, by Country, 2019 - 2022, USD Thousands
TABLE 24 North America Mushroom Market, by Country, 2023 - 2030, USD Thousands
TABLE 25 North America Beta Glucan Market, by Type, 2019 - 2022, USD Thousands
TABLE 26 North America Beta Glucan Market, by Type, 2023 - 2030, USD Thousands
TABLE 27 North America Soluble Market, by Country, 2019 - 2022, USD Thousands
TABLE 28 North America Soluble Market, by Country, 2023 - 2030, USD Thousands
TABLE 29 North America Insoluble Market, by Country, 2019 - 2022, USD Thousands
TABLE 30 North America Insoluble Market, by Country, 2023 - 2030, USD Thousands
TABLE 31 North America Beta Glucan Market, by Country, 2019 - 2022, USD Thousands
TABLE 32 North America Beta Glucan Market, by Country, 2023 - 2030, USD Thousands
TABLE 33 US Beta Glucan Market, 2019 - 2022, USD Thousands
TABLE 34 US Beta Glucan Market, 2023 - 2030, USD Thousands
TABLE 35 US Beta Glucan Market, by Vertical, 2019 - 2022, USD Thousands
TABLE 36 US Beta Glucan Market, by Vertical, 2023 - 2030, USD Thousands
TABLE 37 US Beta Glucan Market, by Source, 2019 - 2022, USD Thousands
TABLE 38 US Beta Glucan Market, by Source, 2023 - 2030, USD Thousands
TABLE 39 US Beta Glucan Market, by Type, 2019 - 2022, USD Thousands
TABLE 40 US Beta Glucan Market, by Type, 2023 - 2030, USD Thousands
TABLE 41 Canada Beta Glucan Market, 2019 - 2022, USD Thousands
TABLE 42 Canada Beta Glucan Market, 2023 - 2030, USD Thousands
TABLE 43 Canada Beta Glucan Market, by Vertical, 2019 - 2022, USD Thousands
TABLE 44 Canada Beta Glucan Market, by Vertical, 2023 - 2030, USD Thousands
TABLE 45 Canada Beta Glucan Market, by Source, 2019 - 2022, USD Thousands
TABLE 46 Canada Beta Glucan Market, by Source, 2023 - 2030, USD Thousands
TABLE 47 Canada Beta Glucan Market, by Type, 2019 - 2022, USD Thousands
TABLE 48 Canada Beta Glucan Market, by Type, 2023 - 2030, USD Thousands
TABLE 49 Mexico Beta Glucan Market, 2019 - 2022, USD Thousands
TABLE 50 Mexico Beta Glucan Market, 2023 - 2030, USD Thousands
TABLE 51 Mexico Beta Glucan Market, by Vertical, 2019 - 2022, USD Thousands
TABLE 52 Mexico Beta Glucan Market, by Vertical, 2023 - 2030, USD Thousands
TABLE 53 Mexico Beta Glucan Market, by Source, 2019 - 2022, USD Thousands
TABLE 54 Mexico Beta Glucan Market, by Source, 2023 - 2030, USD Thousands
TABLE 55 Mexico Beta Glucan Market, by Type, 2019 - 2022, USD Thousands
TABLE 56 Mexico Beta Glucan Market, by Type, 2023 - 2030, USD Thousands
TABLE 57 Rest of North America Beta Glucan Market, 2019 - 2022, USD Thousands
TABLE 58 Rest of North America Beta Glucan Market, 2023 - 2030, USD Thousands
TABLE 59 Rest of North America Beta Glucan Market, by Vertical, 2019 - 2022, USD Thousands
TABLE 60 Rest of North America Beta Glucan Market, by Vertical, 2023 - 2030, USD Thousands
TABLE 61 Rest of North America Beta Glucan Market, by Source, 2019 - 2022, USD Thousands
TABLE 62 Rest of North America Beta Glucan Market, by Source, 2023 - 2030, USD Thousands
TABLE 63 Rest of North America Beta Glucan Market, by Type, 2019 - 2022, USD Thousands
TABLE 64 Rest of North America Beta Glucan Market, by Type, 2023 - 2030, USD Thousands
TABLE 65 Key Information – Koninklijke DSM N.V.
TABLE 66 Key Information – Kemin Industries, Inc.
TABLE 67 Key Information – Associated British Foods PLC
TABLE 68 Key Information – Lesaffre Group
TABLE 69 Key Information – Kerry Group PLC
TABLE 70 Key InforTmation – Angel Yeast Co., Ltd.
TABLE 71 Key Information – Givaudan S.A.
TABLE 73 Key Information – LallemAnd, Inc.
TABLE 74 Key Information – Super Beta Glucan Inc.
List of Figures
FIG 1 Methodology for the research
FIG 2 North America Beta Glucan Market, 2019 - 2030, USD Thousands
FIG 3 Key Factors Impacting Beta Glucan Market
FIG 4 Porter’s Five Forces Analysis – Beta Glucan Market
FIG 5 North America Beta Glucan Market share, by Vertical, 2022
FIG 6 North America Beta Glucan Market share, by Vertical, 2030
FIG 7 North America Beta Glucan Market, by Vertical, 2019 - 2030, USD Thousands
FIG 8 North America Beta Glucan Market share, by Source, 2022
FIG 9 North America Beta Glucan Market share, by Source, 2030
FIG 10 North America Beta Glucan Market, by Source, 2019 - 2030, USD Thousands
FIG 11 North America Beta Glucan Market share, by Type, 2022
FIG 12 North America Beta Glucan Market share, by Type, 2030
FIG 13 North America Beta Glucan Market, by Type, 2019 - 2030, USD Thousands
FIG 14 North America Beta Glucan Market share, by Country, 2022
FIG 15 North America Beta Glucan Market share, by Country, 2030
FIG 16 North America Beta Glucan Market, by Country, 2019 - 2030, USD Thousands
FIG 17 SWOT Analysis: Koninklijke DSM N.V
FIG 18 Swot Analysis: Kemin Industries, Inc.
FIG 19 Swot Analysis: Associated British Foods PLC
FIG 20 SWOT Analysis: Lesaffre Group
FIG 21 SWOT Analysis: KERRY GROUP PLC
FIG 22 SWOT Analysis: Angel Yeast Co., Ltd.
FIG 23 SWOT Analysis: Givaudan S.A.
FIG 24 SWOT Analysis: Cargill, Incorporated
FIG 25 SWOT Analysis: Lallemand, Inc.
FIG 26 SWOT Analysis: Super Beta Glucan Inc.