Global Beta Glucan Market Is Growing at a CAGR of 6.70% from 2017 to 2023


Posted April 19, 2018 by khyati96

Global Beta-Glucan Market was valued at USD 346.62 Million in the year 2017. The global Beta-Glucan market is further estimated to grow at a CAGR of 6.70% from 2018 to 2023 to reach USD 511.36 Million by the year 2023.
 
Global Beta-Glucan Market was valued at USD 346.62 Million in the year 2017. The global Beta-Glucan market is further estimated to grow at a CAGR of 6.70% from 2018 to 2023 to reach USD 511.36 Million by the year 2023. Europe region holds the highest market share in 2017 and North America market is considered as the fastest growing market in the forecasted period. The growth is mainly due to increasing healthcare awareness and emerging markets.
Tate & Lyle PLC (U.K), Biothera Pharmaceuticals (U.S.), Biotec Pharmacon ASA (Norway), Cargill, Inc. (U.S.), Kerry Group PLC (Ireland), Koninklijke DSM N.V. (Netherlands), Ohly (U.S.) and Zilor Inc. (Biorigin) (Brazil) are some of the key players in the Beta-Glucan market.
Market Overview
Drivers
Increasing health awareness
Growing application in different countries
Restraints
Government laws and regulations
Opportunity
Emerging market in developing countries
Increasing consumption
Challenges
Cost of raw material
Lack of awareness related to benefits of Beta-Glucan.
The global Beta-Glucan market is segmented as by type, by source, by application, and by region. On the basis of types, soluble beta-glucan holds the highest market share with the high growth rate in coming years followed by insoluble beta-glucan. The growth is mainly due to wide usage and increasing consumption of beta-glucan containing products.

On the other hand, Based on application pharmaceutical segment among Food & Beverages, Personal Care, and animal feed is estimated to be the largest market share in 2016 and Food & Beverages segment is expected to grow at highest CAGR in coming years. The growth is mainly due to increasing healthcare industry and growing awareness for beta-glucan containing products. On the basis of source, yeast segment holds the highest market share of Cereal, Seaweed, and Mushroom.

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Key Benefits for Stakeholders
Beta-Glucan Manufacturers, Distributors and Retailers
Research and Consulting organization
Technology Standards Organizations, Forums, Alliances and Associations
End-use industries
Regulatory bodies, policy actors, and consumers.

By Type
Soluble
Insoluble
By Application
Food & Beverages
Personal Care
Pharmaceutical
Animal Feed

By Source
Cereal
Seaweed
Yeast
Mushroom

By Region
North America
Europe
Asia-Pacific
ROW

Key Market Players
Tate & Lyle PLC (U.K)
Biothera Pharmaceuticals (U.S.)
Biotec Pharmacon ASA (Norway)
Cargill, Inc. (U.S.)
Kerry Group PLC (Ireland)
Koninklijke DSM N.V. (Netherlands)
Ohly (U.S.)
Zilor Inc. (Biorigin) (Brazil)
Garuda International, Inc. (U.S.)
Super Beta Glucan (U.S.)
(A brief overview of another 13 companies is also provided)

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Detailed customization is also available for you. Further, if the report listed above does not meet your key requirements. Our customized research report will analytically cover the required market information you need which will help you to plan your business decisions.
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Issued By khyati
Country India
Categories Food
Tags betaglucan market
Last Updated April 19, 2018