Beta Glucan Market 2030 - A Growing Industry

Beta Glucan Market Growth & Trends

The global beta glucan market size is expected to reach USD 1,055.4 million by 2030, registering a CAGR of 8.0% during the forecast period, according to a new report by Grand View Research, Inc. The industry is anticipated to grow, primarily on account of its increased application in industries, including nutraceutical, functional food and pharmaceutical.

The consumers in the industry lay high emphasis on the source of the product. In addition, the overall quality is generally determined by the consumers through the certifications associated with the product. The industry is characterized by the presence of a notable regulatory framework with regulations related to processing, packaging, and transportation of the product.

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

U.S. Beta Glucan Market size and growth rate, 2023 - 2030

Manufacturers are inclined toward use of innovative extraction methods such as AME, dry fractionation to increase the concentration of bioactive ingredients in the extract in an attempt to increase the customer base. Rising number of groceries, retail stores, and supermarkets offering the products are expected to trigger the industry growth.

There is an upsurge in the usage of seaweed for the extraction process with heavy investment noted by the companies which is anticipated to drive the industry growth over the forecast period. Mushroom is known to have more than 30 varieties, and is available in abundance across the globe, thereby benefitting the industry.

Beta Glucan Market Report Highlights

  • Mushroom sourced beta-glucan is expected to be the fastest-growing segment, in terms of revenue, registering a CAGR of 9.0% from 2023 to 2030 owing to the superior health benefits offered by the large varieties of mushroom grown for manufacturing different beta glucan products
  • Insoluble product segment is expected to exhibit a CAGR of 8.7%, in terms of volume, on account of high demand for the product for use as an ingredient in the nutraceutical industry and pharmaceutical formulations. Insoluble forms of the product are largely consumed as a purgatory drug owing to its property in drug formulations
  • The industry in Asia Pacific is anticipated to exhibit the fastest growth, registering a CAGR of 9.5% from 2023 to 2030 on account of rising awareness among population towards the consume naturally sourced pharmaceutical preparations
  • The industry is exhibiting a high growth potential, due to which key players are focused towards the development of advanced formulations in that provide superior health benefits in a bid to cash in on the rapidly developing market

Browse more reports published by Grand View Research.

List of Key Players in the Beta Glucan Market

  • 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

About Grand View Research

Grand View Research is a full-time market research and consulting company registered in San Francisco, California. The company fully offers market reports, both customized and syndicates, based on intense data analysis. It also offers consulting services to business communities and academic institutions and helps them understand the global and business scenario to a significant extent. The company operates across multitude of domains such as Chemicals, Materials, Food and Beverages, Consumer Goods, Healthcare, and Information Technology to offer consulting services.

Explore Horizon, the world's most expansive market research database

Comments

Post a Comment

Popular posts from this blog

India Electric Vehicle Market Competitive Landscape Report to 2028

Image
India Electric Vehicle Industry Overview The India electric vehicle market size was valued at USD 220.1 million in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 94.4% from 2021 to 2030. The attractive incentives being offered by the Indian government on the production and purchase of electric vehicles to encourage the adoption of electric vehicles are anticipated to drive the growth of the market over the forecast period. The outbreak of the COVID-19 pandemic triggered a significant decline in the overall sales of passenger and commercial vehicles in 2020. However, the sales of electric vehicles in India remained unaffected. The post-lockdown sale of pure and hybrid electric vehicles is a prominent driving factor for the electric vehicle market in India. The stringent GreenHouse gas (GHG) emission norms drafted by the government, such as the Bharat Stage (BS) VI emission standards introduced by India’s Ministry of Road Transport and Highways (MoRTH), are a
Read more

Cyber Security Market 2030 - Advanced Solutions for Modern Businesses

Image
Data breaches, malware, and hacking attempts are all too common, forcing businesses and individuals to prioritize cybersecurity market  trends. The internet has become an essential part of our lives, and with it comes the ever-present threat of cyberattacks. Within the struggles of integrity, privacy, and trust, the domain of cybersecurity thrives with firewalls, encryption keys, and neural networks that safeguard our interconnected existence. The Market Landscape This blog explains the core of the cybersecurity market, examining its growth, challenges, and the valiant defenders who shield the virtual world. Numbers Beyond 0 & 1: The global cyber security market is no mere niche; it’s a thriving ecosystem fueled by relentless innovation and escalating threats. According to recent reports, here are the key figures: In 2023, the market was estimated at a staggering  USD 222.66 billion , growing at a projected compound annual growth rate of 12.3% from 2024 to 2030. By 2030, th
Read more

LiDAR Market Historical Data & Forecasts 2030

Image
LiDAR Industry Overview The global LiDAR market size was valued at USD 1.81 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 9.8% from 2022 to 2030. The technological advancements in spatial resolution of LiDAR-based digital terrain models are providing better accuracy in applications such as change detection on hillsides, water runoff for agriculture or mining sites, and inland waterways. The growth of the market is attributed to the rising automation in LiDAR to reduce human efforts and increase efficiency. Gather more insights about the market drivers, restrains and growth of the Global LiDAR Market   The rising demand for 3D imagery in application areas such as military & defense, topographical surveys, civil engineering, and corridor mapping is expected to drive the market growth over the forecast period. Textured 3D imagery is applied in applications such as 3D mapping, city planning, and corridor mapping. The installation of advanced
Read more