Global Beta Glucan Market Outlook to 2028
Description
Global Beta Glucan Market Overview
The Global Beta Glucan Market was valued at USD 513 million in 2023. This market is primarily driven by the increasing demand for functional foods and nutraceuticals, the rising awareness about the health benefits of beta-glucan, and the growing focus on natural ingredients in the pharmaceutical and personal care industries.
The major players in the global beta-glucan market include Cargill, Incorporated, Tate & Lyle PLC, Kerry Group plc, Lesaffre, and DSM. These companies are at the forefront of developing innovative beta-glucan products, focusing on enhancing efficacy, bioavailability, and application in various sectors, including food and beverages, pharmaceuticals, and cosmetics.
Cargill, Incorporated's beta-glucan product line, launched in 2023, enhances immune support with a 25% higher efficacy rate using proprietary extraction methods. The products cater to the growing demand for immune-boosting supplements and functional foods.
In 2023, North America dominated the global beta-glucan market due to the high adoption of nutraceuticals, investments in research and development, and the presence of major health-conscious consumers.
Global Beta Glucan Market Segmentation
The global beta-glucan market is segmented by type, application, and region.
By Type: The market is segmented into soluble and insoluble beta-glucan. In 2023, soluble beta-glucan held the highest market share due to its wide application in food and beverages and the increasing awareness of its health benefits, such as lowering cholesterol and boosting immunity.
By Application: The market is segmented into food and beverages, pharmaceuticals, cosmetics, and others. In 2023, the food and beverages segment held the largest market share, driven by the growing use of beta-glucan in functional foods, dietary supplements, and beverages for its health benefits.
By Region: The global beta-glucan market is segmented into North America, Europe, Asia-Pacific (APAC), Middle East & Africa (MEA), and Latin America. In 2023, North America held the largest market share, supported by the high demand for nutraceuticals and functional foods and investments in health and wellness products.
Global Beta Glucan Market Competitive Landscape
Company
Establishment Year
Headquarters
Cargill, Incorporated
1865
Minneapolis, USA
Tate & Lyle PLC
1921
London, UK
Kerry Group plc
1972
Tralee, Ireland
Lesaffre
1853
Marcq-en-Baroeul, France
DSM
1902
Heerlen, Netherlands
Kerry Group plc: In 2023, Kerry Group plc has launched a new line of beta-glucan products derived from oats and yeast, targeting sports nutrition and immune support. Their proprietary ingredient, Wellmune, is clinically proven to enhance immune function, reducing the incidence of upper respiratory infections in athletes, and showcasing its effectiveness in functional foods.
DSM: In April 2024, DSM announced a strategic partnership with a leading nutraceutical company to create customized beta-glucan formulations for gut health and immune function. Research indicates that beta-glucan can improve immune responses, making it a valuable addition to dietary supplements aimed at enhancing overall wellness.
Global Beta Glucan Market Analysis
Global Beta Glucan Market Growth Drivers:
Increasing Demand for Functional Foods: The rise of functional foods is evident as consumers increasingly seek products that offer health benefits beyond basic nutrition. In 2023, over 61% of consumers reported plans to increase their health investments, driving the incorporation of beta-glucan, known for its immune-boosting properties, into food products.
Rising Awareness About Health Benefits: Beta-glucan's established benefits, including lowering cholesterol and boosting immune function, have led to its adoption in pharmaceuticals and nutraceuticals. In 2023, surveys indicated that 58% of consumers prioritize bolstering immunity, substantially expanding the use of beta-glucan in products aimed at reducing lifestyle-related disease risks.
Growing Focus on Natural Ingredients: The trend toward natural and sustainable ingredients resonates with health-conscious consumers. In 2023, 61% of global consumers expressed a desire to enhance their health, making beta-glucan, derived from oats and yeast, a fitting choice that aligns with the increasing preference for clean-label products.
Global Beta Glucan Market Challenges:
High Cost of Production: The extraction and purification of beta-glucan can be cost-intensive, with manufacturing plant setups ranging from $3.99 million to $6.99 million in 2024. Volatile raw material costs, particularly for oats, further elevate production expenses, limiting market growth potential in price-sensitive regions.
Regulatory Hurdles in Emerging Markets: In 2023, companies faced delays of several months in product launches due to stringent regulations in emerging markets. Compliance costs can increase by 10-15%, complicating market penetration and limiting growth opportunities for beta-glucan products.
Global Beta Glucan Market Government Initiatives:
EU Health Claims Regulation: The European Union enforces strict regulations on health claims for food products. Beta-glucan can claim to reduce blood cholesterol and heart disease risk if it contains at least 3 grams per day. However, as of June 1, 2023, the European Commission rejected certain health claims for beta-glucans in specific products due to insufficient evidence.
US FDA Guidance: The US FDA has approved specific health claims for beta-glucan, particularly regarding its role in reducing the risk of coronary heart disease. This regulatory support has encouraged manufacturers to invest in beta-glucan-enriched products.
Global Beta Glucan Market Future Market Outlook
The Global Beta Glucan Market is expected to grow robustly over the coming years, driven by increasing demand for natural and functional ingredients, rising applications in the food and pharmaceutical industries, and supportive government regulations.
Global Beta Glucan Market Future Market Trends:
Increased Use in Immune Support Products: By 2028, the use of beta-glucan in immune support supplements is expected to rise, particularly in response to increased consumer interest in health and wellness. Research indicates that beta-glucan supplementation enhances immune response, particularly in aging populations.
Advancements in Extraction Technology: Advancements in extraction technology are anticipated by 2028, with companies investing in methods to improve the yield and purity of beta-glucan. This could lower production costs and expand applications across different industries.
Please Note: It will take 5-7 business days to complete the report upon order confirmation
The Global Beta Glucan Market was valued at USD 513 million in 2023. This market is primarily driven by the increasing demand for functional foods and nutraceuticals, the rising awareness about the health benefits of beta-glucan, and the growing focus on natural ingredients in the pharmaceutical and personal care industries.
The major players in the global beta-glucan market include Cargill, Incorporated, Tate & Lyle PLC, Kerry Group plc, Lesaffre, and DSM. These companies are at the forefront of developing innovative beta-glucan products, focusing on enhancing efficacy, bioavailability, and application in various sectors, including food and beverages, pharmaceuticals, and cosmetics.
Cargill, Incorporated's beta-glucan product line, launched in 2023, enhances immune support with a 25% higher efficacy rate using proprietary extraction methods. The products cater to the growing demand for immune-boosting supplements and functional foods.
In 2023, North America dominated the global beta-glucan market due to the high adoption of nutraceuticals, investments in research and development, and the presence of major health-conscious consumers.
Global Beta Glucan Market Segmentation
The global beta-glucan market is segmented by type, application, and region.
By Type: The market is segmented into soluble and insoluble beta-glucan. In 2023, soluble beta-glucan held the highest market share due to its wide application in food and beverages and the increasing awareness of its health benefits, such as lowering cholesterol and boosting immunity.
By Application: The market is segmented into food and beverages, pharmaceuticals, cosmetics, and others. In 2023, the food and beverages segment held the largest market share, driven by the growing use of beta-glucan in functional foods, dietary supplements, and beverages for its health benefits.
By Region: The global beta-glucan market is segmented into North America, Europe, Asia-Pacific (APAC), Middle East & Africa (MEA), and Latin America. In 2023, North America held the largest market share, supported by the high demand for nutraceuticals and functional foods and investments in health and wellness products.
Global Beta Glucan Market Competitive Landscape
Company
Establishment Year
Headquarters
Cargill, Incorporated
1865
Minneapolis, USA
Tate & Lyle PLC
1921
London, UK
Kerry Group plc
1972
Tralee, Ireland
Lesaffre
1853
Marcq-en-Baroeul, France
DSM
1902
Heerlen, Netherlands
Kerry Group plc: In 2023, Kerry Group plc has launched a new line of beta-glucan products derived from oats and yeast, targeting sports nutrition and immune support. Their proprietary ingredient, Wellmune, is clinically proven to enhance immune function, reducing the incidence of upper respiratory infections in athletes, and showcasing its effectiveness in functional foods.
DSM: In April 2024, DSM announced a strategic partnership with a leading nutraceutical company to create customized beta-glucan formulations for gut health and immune function. Research indicates that beta-glucan can improve immune responses, making it a valuable addition to dietary supplements aimed at enhancing overall wellness.
Global Beta Glucan Market Analysis
Global Beta Glucan Market Growth Drivers:
Increasing Demand for Functional Foods: The rise of functional foods is evident as consumers increasingly seek products that offer health benefits beyond basic nutrition. In 2023, over 61% of consumers reported plans to increase their health investments, driving the incorporation of beta-glucan, known for its immune-boosting properties, into food products.
Rising Awareness About Health Benefits: Beta-glucan's established benefits, including lowering cholesterol and boosting immune function, have led to its adoption in pharmaceuticals and nutraceuticals. In 2023, surveys indicated that 58% of consumers prioritize bolstering immunity, substantially expanding the use of beta-glucan in products aimed at reducing lifestyle-related disease risks.
Growing Focus on Natural Ingredients: The trend toward natural and sustainable ingredients resonates with health-conscious consumers. In 2023, 61% of global consumers expressed a desire to enhance their health, making beta-glucan, derived from oats and yeast, a fitting choice that aligns with the increasing preference for clean-label products.
Global Beta Glucan Market Challenges:
High Cost of Production: The extraction and purification of beta-glucan can be cost-intensive, with manufacturing plant setups ranging from $3.99 million to $6.99 million in 2024. Volatile raw material costs, particularly for oats, further elevate production expenses, limiting market growth potential in price-sensitive regions.
Regulatory Hurdles in Emerging Markets: In 2023, companies faced delays of several months in product launches due to stringent regulations in emerging markets. Compliance costs can increase by 10-15%, complicating market penetration and limiting growth opportunities for beta-glucan products.
Global Beta Glucan Market Government Initiatives:
EU Health Claims Regulation: The European Union enforces strict regulations on health claims for food products. Beta-glucan can claim to reduce blood cholesterol and heart disease risk if it contains at least 3 grams per day. However, as of June 1, 2023, the European Commission rejected certain health claims for beta-glucans in specific products due to insufficient evidence.
US FDA Guidance: The US FDA has approved specific health claims for beta-glucan, particularly regarding its role in reducing the risk of coronary heart disease. This regulatory support has encouraged manufacturers to invest in beta-glucan-enriched products.
Global Beta Glucan Market Future Market Outlook
The Global Beta Glucan Market is expected to grow robustly over the coming years, driven by increasing demand for natural and functional ingredients, rising applications in the food and pharmaceutical industries, and supportive government regulations.
Global Beta Glucan Market Future Market Trends:
Increased Use in Immune Support Products: By 2028, the use of beta-glucan in immune support supplements is expected to rise, particularly in response to increased consumer interest in health and wellness. Research indicates that beta-glucan supplementation enhances immune response, particularly in aging populations.
Advancements in Extraction Technology: Advancements in extraction technology are anticipated by 2028, with companies investing in methods to improve the yield and purity of beta-glucan. This could lower production costs and expand applications across different industries.
Please Note: It will take 5-7 business days to complete the report upon order confirmation
Table of Contents
94 Pages
- 1. Global Beta Glucan Market Overview
- 1.1. Definition and Scope
- 1.2. Market Taxonomy
- 1.3. Market Growth Rate
- 1.4. Market Segmentation Overview
- 2. Global Beta Glucan Market Size (in USD Billion), 2018-2023
- 2.1. Historical Market Size
- 2.2. Year-on-Year Growth Analysis
- 2.3. Key Market Developments and Milestones
- 3. Global Beta Glucan Market Analysis
- 3.1. Growth Drivers
- 3.1.1. Increasing Demand for Functional Foods
- 3.1.2. Rising Awareness About Health Benefits
- 3.1.3. Growing Focus on Natural Ingredients
- 3.2. Restraints
- 3.2.1. High Cost of Production
- 3.2.2. Regulatory Hurdles in Emerging Markets
- 3.3. Opportunities
- 3.3.1. Increased Use in Immune Support Products
- 3.3.2. Advancements in Extraction Technology
- 3.4. Trends
- 3.4.1. Growing Consumer Preference for Clean-Label Products
- 3.4.2. Expansion into New Applications
- 3.5. Government Regulation
- 3.5.1. EU Health Claims Regulation
- 3.5.2. US FDA Guidance
- 3.6. SWOT Analysis
- 3.7. Stakeholder Ecosystem
- 3.8. Competition Ecosystem
- 4. Global Beta Glucan Market Segmentation, 2023
- 4.1. By Type (in Value %)
- 4.1.1. Soluble Beta-Glucan
- 4.1.2. Insoluble Beta-Glucan
- 4.2. By Application (in Value %)
- 4.2.1. Food and Beverages
- 4.2.2. Pharmaceuticals
- 4.2.3. Cosmetics
- 4.2.4. Others
- 4.3. By Region (in Value %)
- 4.3.1. North America
- 4.3.2. Europe
- 4.3.3. Asia-Pacific (APAC)
- 4.3.4. Middle East & Africa (MEA)
- 4.3.5. Latin America
- 5. Global Beta Glucan Market Cross Comparison
- 5.1 Detailed Profiles of Major Companies
- 5.1.1. Cargill, Incorporated
- 5.1.2. Tate & Lyle PLC
- 5.1.3. Kerry Group plc
- 5.1.4. Lesaffre
- 5.1.5. DSM
- 5.1.6. MilliporeSigma (Merck KGaA)
- 5.1.7. Garuda International Inc.
- 5.1.8. Super Beta Glucan Inc.
- 5.1.9. Kemin Industries, Inc.
- 5.1.10. Biotec Pharmacon ASA (Biotec BetaGlucans AS)
- 5.1.11. Ceapro Inc.
- 5.1.12. Ohly GmbH
- 5.1.13. NutraQ AS
- 5.1.14. Elicityl SA
- 5.1.15. BioTherapeutics Inc.
- 5.2 Cross Comparison Parameters (No. of Employees, Headquarters, Inception Year, Revenue)
- 6. Global Beta Glucan Market Competitive Landscape
- 6.1. Market Share Analysis
- 6.2. Strategic Initiatives
- 6.3. Mergers and Acquisitions
- 6.4. Investment Analysis
- 6.4.1. Venture Capital Funding
- 6.4.2. Government Grants
- 6.4.3. Private Equity Investments
- 7. Global Beta Glucan Market Regulatory Framework
- 7.1. Environmental Regulations
- 7.2. Compliance Requirements
- 7.3. Certification Processes
- 8. Global Beta Glucan Market Future Market Size (in USD Billion), 2023-2028
- 8.1. Future Market Size Projections
- 8.2. Key Factors Driving Future Market Growth
- 9. Global Beta Glucan Market Future Market Segmentation, 2028
- 9.1. By Type (in Value %)
- 9.2. By Application (in Value %)
- 9.3. By Region (in Value %)
- 10. Global Beta Glucan Market Analysts Recommendations
- 10.1. TAM/SAM/SOM Analysis
- 10.2. Customer Cohort Analysis
- 10.3. Marketing Initiatives
- 10.4. White Space Opportunity Analysis
- 11. Disclaimer
- 12. Contact Us
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