Beta Glucan Market Regulatory Landscape, Sustainability, Sourcing Challenges And Compliance Issues

The global beta glucan market size was valued at USD 569.8 million in 2022 and is anticipated to grow at a compound annual growth rate (CAGR) of 8.0% from 2023 to 2030. The increasing usage of the product as an immunity booster in the pharmaceutical and nutraceutical industry is anticipated to drive growth. Changing consumer preferences toward the use of nutritious food supplements over synthetic ingredients are also expected to propel industry growth. The industry is likely to grow on account of increasing awareness among manufacturers regarding the use of multiple sources, as well as different harvesting, processing, and extraction methods. Manufacturers use innovative patented technologies in a bid to improve market share and increase overall sales.


Gather more insights about the market drivers, restrains and growth of the Beta Glucan Market


Factors such as growing awareness about the sustainable sourcing of products and the use of organic substitutes in medicines are expected to drive the global production. Producers are adopting various regulations and certifications, namely FSSC 22000, GRAS, USDA Organic, Fairtrade, Kosher, HACCP, and GMP, to ensure the quality and salability of products in an attempt to lure a large base of customers.


The industry is moderately affected by the presence of substitutes, namely guar gum and other natural compounds that are used as immune modulators. Factors such as the increased number of advertisements and the marketing of substitutes are anticipated to hamper industry growth. Technologies used for beta-glucan extraction process include amniotic membrane extraction, dry & wet fractionation process, and chemical extraction process using acids and bases. The yield of the extraction for the product depends on the type of extraction process employed.


Recent Developments


• In November 2022, Ceapro Inc. initiated an advanced phase aimed at expanding its revolutionary Pressurized Gas eXpanded (PGX) technology for the creation of pharmaceutical and nutraceutical offerings. Within the framework of this technology, Alginate and yeast beta-glucan stand as the pioneering bio-actives undergoing processing. This endeavor is poised to enhance the company's portfolio of innovative products


• In July 2023, BENEO announced the launch of the company’s first barley beta-glucan ingredient, the Orafti β-Fit, for heart health and blood sugar management. This new launch is expected to improve BENEO’s global market reach in the fiber and cardio-metabolic health markets


Browse through Grand View Research's Nutraceuticals & Functional Foods Industry Research Reports.


• The global milk protein market size was estimated at USD 6.63 billion in 2023 and is projected to grow at a CAGR of 3.2% from 2024 to 2030. One of the primary drivers of the market is the increasing health consciousness among consumers.


• The U.S. & Europe plant-based protein market size was estimated at USD 12.08 billion in 2023 and is expected to grow at a CAGR of 6.4% from 2024 to 2030. This can be attributed to the growing consumer adoption of vegan diets, fitness industry acting as a catalyst for market growth and retail plant-based food industry growth.


Beta Glucan Market Segmentation


Grand View Research has segmented the beta-glucan market on the basis of source, Product, application, and region:


Beta Glucan Source Outlook (Volume, Tons; Revenue, USD Million; 2018 - 2030)
• Cereal
• Mushroom
• Yeasts
• Seaweed


Beta Glucan Product Outlook (Volume, Tons; Revenue, USD Million; 2018 - 2030)
• Soluble
• Insoluble


Beta Glucan Application Outlook (Volume, Tons; Revenue, USD Million; 2018 - 2030)
• Food & Beverages
• Personal Care & Cosmetics
• Pharmaceuticals
• Animal Feed
• Others


Beta Glucan Regional Outlook (Volume, Tons; Revenue, USD Million; 2018 - 2030)
• North America
o U.S.
o Canada
o Mexico
• Europe
o UK
o Germany
o France
o Italy
o Spain
• Asia Pacific
o China
o Japan
o India
o South Korea
• Central & South America
o Brazil
o Argentina
• Middle East & Africa
o Saudi Arabia
o South Africa


Order a free sample PDF of the Beta Glucan Market Intelligence Study, published by Grand View Research.


Key Companies profiled:
• Biotec Pharmacon ASA
• Biothera Pharmaceuticals
• Ceapro Inc.
• Immunomedics
• Super Beta Glucan Inc.
• DSM NV
• Tate & Lyle plc (Tate & Lyle Oat Ingredients)
• Groupe Soufflet SA (AIT Ingredients)
• Zilor Inc (Biorigin)
• Cargill Incorporated
• Frutarom
• GlycaNova AS
• Lesaffre Human Care
• Garuda International, Inc.
• Millipore Sigma

 

Comments

Popular posts from this blog

Cookies Market Will Rise Due To Increasing Popularity Of E-Commerce Sites

The Pet Food Industry: A Vital Part of the Pet Ownership Experience

Global Bale Wrappers Market Research Report, 2018-2023