Increasing health consciousness is propelling beta-glucan market expansion. Increasing knowledge of the health advantages of beta-glucan soluble fibre is driving up demand for beta-glucan-fortified foods. Moreover, beta-glucans are derived from natural sources. It is in high demand in the culinary, cosmetic, and medical industries because to its versatility and many applications. As a result, rising health consciousness about beta-glucan is fueling market expansion. The negative side effects of beta-glucan are hurting product demand. This aspect is impeding market expansion. Beta-glucan does have certain negative effects, according to numerous clinical investigations. It may induce moderate fever, discomfort at the injection site, muscular and joint pain, nausea, severe diarrhoea, disorientation, and other side effects when administered into the body. The lack of effective regulatory criteria controlling beta-glucan is predicted to have a negative influence on market growth to some extent.
Beta-Glucan Market
According to Coherent Market Insights, Global was valued at US$ 514.48 Million in 2021 in terms of revenue, exhibiting a CAGR of 7.04 % during the forecast period (2022 to 2030).
Prominent Players in the Beta Glucan Industry:
1. Associated British Foods Plc
Associated British Foods plc operates as a diversified food, ingredients, and retail company worldwide. It operates through five segments: Grocery, Sugar, Agriculture, Ingredients, and Retail. The company was incorporated in 1934 and is headquartered in London, the United Kingdom. Associated British Foods plc is a subsidiary of Wittington Investments Limited.
2. Biothera
Bio-Thera Solutions, Ltd., commercial-stage Biopharmaceutical Company, researches and develops therapeutics for the treatment of cancer, autoimmune, cardiovascular, and other serious medical conditions. The company was founded in 2003 and is headquartered in Guangzhou, China.
3. Ceapro Inc.
Ceapro Inc., a biotechnology company, engages in the development and marketing of health and wellness products and technology relating to plant extracts in the United States, Germany, China, Canada, and internationally. It operates in two segments, Active Ingredient Product Technology Industry and Cosmeceutical Industry. The company was incorporated in 1997 and is headquartered in Edmonton, Canada.
