What is Global Beta-Glucan Market?
The Global Beta-Glucan Market is a vast and dynamic sector that focuses on the production, distribution, and consumption of Beta-Glucan, a type of soluble dietary fiber found in various natural sources. This market is a significant part of the global economy and plays a crucial role in the development of the health and wellness industry. Beta-Glucan is known for its numerous health benefits, including boosting the immune system, lowering cholesterol levels, and managing diabetes. The market's growth is driven by increasing consumer awareness about the importance of a healthy diet and the rising demand for natural and organic food products. The Global Beta-Glucan Market is characterized by the presence of several key players who are constantly innovating and investing in research and development to introduce new and improved products to meet the changing consumer demands and preferences.
Yeast Type, Oats Type in the Global Beta-Glucan Market:
The Global Beta-Glucan Market is segmented based on the type of Beta-Glucan, including Yeast Type and Oats Type. Yeast Type Beta-Glucan is derived from yeast and is known for its immune-enhancing properties. It is widely used in the pharmaceutical and healthcare industries for the production of dietary supplements and functional foods. On the other hand, Oats Type Beta-Glucan is extracted from oats and is popular for its cholesterol-lowering effects. It is commonly used in the food and beverage industry, particularly in the production of breakfast cereals, bread, and other baked goods. Both types of Beta-Glucan have their unique benefits and applications, contributing to the growth and diversity of the Global Beta-Glucan Market.
Infant and Growing Up Milks, Healthcare Nutrition, Weight Management, Dairy, Beverages, Other in the Global Beta-Glucan Market:
The Global Beta-Glucan Market finds its application in various areas, including Infant and Growing Up Milks, Healthcare Nutrition, Weight Management, Dairy, Beverages, and others. In Infant and Growing Up Milks, Beta-Glucan is used to enhance the nutritional value and promote healthy growth and development. In Healthcare Nutrition, it is used to formulate dietary supplements and functional foods that help boost immunity and manage various health conditions. In Weight Management, Beta-Glucan is used in the production of weight loss products due to its ability to promote satiety and reduce calorie intake. In the Dairy and Beverage sectors, Beta-Glucan is used to improve the texture, taste, and nutritional profile of various products.
Global Beta-Glucan Market Outlook:
In 2023, the Global Beta-Glucan Market was valued at US$ 567.6 million. It is projected to grow significantly and reach a value of US$ 892.5 million by 2030. This represents a Compound Annual Growth Rate (CAGR) of 6.6% during the forecast period from 2024 to 2030. This growth can be attributed to the increasing consumer awareness about the health benefits of Beta-Glucan and the rising demand for natural and organic food products. The market's growth is also driven by the continuous innovation and investment in research and development by the key market players.
| Report Metric | Details |
| Report Name | Beta-Glucan Market |
| Accounted market size in 2023 | US$ 567.6 million |
| Forecasted market size in 2030 | US$ 892.5 million |
| CAGR | 6.6% |
| Base Year | 2023 |
| Forecasted years | 2024 - 2030 |
| Segment by Type |
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| Segment by Application |
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| Consumption by Region |
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| By Company | Kerry, Tate & Lyle, M-Gard, Lantmännen Oats, Leiber GmbH |
| Forecast units | USD million in value |
| Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |
