Beta glucan is a type of dietary fiber found in oats, barley and mushrooms. It has various health benefits such as boosting immunity, lowering cholesterol and blood sugar levels. With growing health consciousness, the demand for beta glucan in food and pharmaceutical products is increasing rapidly.
Market key trends:
One of the key trends in the beta glucan market is the increasing usage of soluble beta glucan in various food applications such as breakfast cereals, bakery products, soup mixes, salad dressings, etc. due to its various functional properties. Soluble beta glucan acts as a thickening agent, fat replacer and stabilizer in various foods. It improves mouthfeel and texture. The expansion of functional food industry globally is further fueling the demand for soluble beta glucan. The smooth soluble fibers present in beta glucan also helps slow down digestion and keep blood sugar levels stable for longer duration of time.
The global beta glucan market is segmented by source into cereals, mushrooms, and yeasts. The cereals segment dominated the market in 2023 and is expected to continue its dominance over the forecast period. This is mainly due to higher beta glucan content in oats and barley as compared to other sources. Oats have a beta glucan content of around 5%, which is the highest among cereals.
The global beta glucan market is expected to witness high growth, exhibiting CAGR of 8.0% over the forecast period, due to increasing demand from food & beverages and pharmaceutical industries.
North America dominated the global market in 2023 and is expected to remain the largest market over the forecast period. This is attributed to increasing health awareness and high expenditure on functional foods & dietary supplements. Asia Pacific is expected to be the fastest growing market owing to growing health-conscious population and rapid economic development in countries such as China and India.
Key players operating in the beta glucan market are 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). DSM and Tate & Lyle are some of the leading players in the market.