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Beta-glucan is a natural fiber that is soluble in nature and is used to enhance the properties of food and beverages. Oats and barley are rich sources of beta-glucan and it is also found in other food products such as mushrooms, seaweed, vegetables, and certain fruits. Consumption of the beta-glucan provides various health benefits such as it helps in reducing cholesterol level, reduced risk of Type-2-diabetes, and coronary heart disease.

Market Statistics:

The global beta-glucan market is expected to surpass US$ 719.9 Mn in terms of value by the end of 2028.

Global Beta-Glucan Market: Drivers

Increasing demand for products from the animal feed industry is escalating the market growth of the beta-glucan. For instance, Algamune beta-1, 3 glucan can be added as a feed supplement to improve production and profitability, and enhance the immunity of animals. Moreover, growing government approval is also projected to support market growth. For instance, the U.S. Food and Drug Administration (FDA) has approved a “better for heart health" labeling claim for beta-glucan derived from sources such as oats and barley.

Global Beta-Glucan Market: Opportunities

29th October 2021,Cargill,Ingredion and Raquette Freres are getting involved in the soluble dietry fibre market which may set massive growth by 2026 .Major Soluble Dietry fibre includes Insulin ,Polydextrose ,Beta-Glucan and others.

21st July 2021 Wellmune – a branded beta glucan ingredient claimed to ‘prime’ the innate immune system, the body’s first line of defence against invasion by pathogens – is attracting growing interest from food and beverage brands as well as supplement products as immunity has moved up the priority list for shoppers in the wake of the pandemic, says brand owner Kerry.

15th July 2021,Canadian start-up Noblegen has opened a CAD 500m series C capital raise as it seeks to commercialize a suite of products from the ancient microorganisms euglena gracilis which can produce everything from protein that behave like animal protein ,to Beta-Glucans that can replace methylcellulose and titanium dioxide without genetic engineering.

Global Beta-Glucan Market: Restraints

Supply chain issues for beta-glucan manufacturers is expected to restrict the market growth. Yeast is a key raw material used in the production of wine and beer, bioremediation, and fermentation. However, increasing use of yeast in these processes is leading to supply chain issues for beta-glucan manufacturers. This factor is hampering market growth.

Global Beta-Glucan Market - Impact of Coronavirus (Covid-19) Pandemic

Globally, as of 5:54pm CEST, 1 October 2021, there have been 233,503,524 confirmed cases of COVID-19, including 4,777,503 deaths, reported to WHO. As of 2 October 2021, a total of 6,187,643,539 vaccine doses have been administered. Such scenario has led to rising health awareness among the populace, thereby driving growth of the global beta-glucan market. β-glucans have also been used as immune adjuvants for vaccines such as the influenza vaccine. Oral β-glucans are described as prophylactic supplements to boost immune responses and to abrogate COVID-19 symptoms via their TRIM actions.

To know the latest trends and insights prevalent in this market, click the link below:

https://www.coherentmarketinsights.com/market-insight/beta-glucan-market-4777

Key Takeaways:

  • The global beta-glucan market was valued at US$ 418.9 Mn in 2020 and is forecast to reach a value of US$ 719.9 Mn by 2028 at a CAGR of 7.0 % between 2021 and 2028.
  • The Cereals segment was valued US$ 191.5 Mn in 2020 and is expected to witness a CAGR of 7.1% over the forecast period.
  • 8th August 2021, According to a report by Food Navigator USA, The Global Beta-Glucan Market to reach US$ 810.1m in 2026. Globally 69% of the population consumes cereals as their main breakfast, infused cereals with the Beta-Glucan getting highly popular among the people.

The increasing trend of consuming dairy and frozen products such as yogurt, milk, fermented milk, smoothies, etc. is contributing to market growth. The growing need for the fortification of these products is propelling demand for functional ingredients around the globe. For instance, Tate and Lyle product PromOats Beta Glucan can be used in fermented, low pH milk drinks, buttermilk products, low-fat cream cheeses, etc. Thus, the growing demand for dairy and frozen products is augmenting the market growth.

Growing health and wellness trend is driving demand for health and dietary supplements. Beta-glucan is widely used in the preparation of health and dietary supplements. Beta-glucan is a tasteless, colorless and odorless and is available in liquid and powder form due to which it can be widely used in the manufacturing of supplements premixes. Hence, the growing use of beta-glucan in health and dietary supplements is expected to foster market growth over the forecast period.

Global Beta-Glucan Market: Competitive Landscape

Major players operating in the global beta-glucan market include, Associated British Foods Plc, Biotec Pharmacon ASA (Biotec BetaGlucans AS), Biothera, the Immune Health Company, Ceapro Inc., Immuno Medic AS, Koninklijke DSM N.V., Super Beta Glucan (SBG) Inc., Groupe Soufflet S.A (AIT Ingredients), Tate & Lyle plc. (Tate & Lyle Oats Ingredients), and Zilor Inc. (Biorigin)

Global Beta-Glucan Market: Key Developments

March 2019: Tate & Lyle, a global provider of food and beverage ingredients and solutions, announced that it has reached an agreement to sell its oat ingredients business, based in Kimstad, Sweden, to Swedish agricultural cooperative Lantmännen.

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