The
global beta-glucan market is expected to reach USD 727.2
million by 2025, 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.
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.
Browse full
research report on Beta-glucan Market: www.grandviewresearch.com/industry-analysis/beta-glucan-market
Further key findings from the report suggest:
- Mushroom
sourced beta-glucan is expected to be the fastest-growing segment, in
terms of revenue, registering a CAGR of 7.7% from 2017 to 2025 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 6.5%, 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 7.5% from 2017 to 2025 on account of rising
awareness among population towards the consume naturally sourced
pharmaceutical preparations
- The
volume for the product used for manufacturing food & beverages, such
as bakery, functional foods, accounted for 32.1% of the global consumption
in 2016, driven majorly by consumption of such products by the younger
population
- 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 of this category by Grand View Research: www.grandviewresearch.com/industry/nutraceuticals-functional-foods-and-dietary-supplements
Grand View Research has segmented the beta-glucan market on the basis of source, type, application, and region:
Source
Outlook (Volume, Tons; Revenue, USD Million; 2014 - 2025)
- Cereal
- Mushroom
- Yeasts
- Seaweed
Type
Outlook (Volume, Tons; Revenue, USD Million; 2014 - 2025)
- Soluble
- Insoluble
Application
Outlook (Volume, Tons; Revenue, USD Million; 2014 - 2025)
- Food
& Beverages
- Personal
Care & Cosmetics
- Pharmaceuticals
- Animal
Feed
- Others
Regional
Outlook (Volume, Tons; Revenue, USD Million; 2014 - 2025)
- North
America
- U.S.
- Canada
- Europe
- Germany
- UK
- France
- Asia
Pacific
- China
- Japan
- India
- Rest of
the World
- Brazil
Access
Press Release By Grand View Research: www.grandviewresearch.com/press-release/global-beta-glucan-market
About Grand
View Research:
Grand
View Research, Inc. is a U.S. based market research and consulting company, registered
in the State of California and headquartered in San Francisco. The company
provides syndicated research reports, customized research reports, and
consulting services. To help clients make informed business decisions, we offer
market intelligence studies ensuring relevant and fact-based research across a
range of industries, from technology to chemicals, materials and healthcare.
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