The beta-glucan market was valued at USD 307.8 million
in 2016, and is expected to grow at a CAGR of
7.57%, to reach USD 476.5 million by 2022. The market is
primarily driven by factors such as growing health consciousness among
consumers and the increasing health expenditure. North America is projected to be the
fastest-growing region as the consumers in are gradually becoming aware of the
health benefits of oat beta-glucan and its significance in enhancing the body’s
immunity. One of the major restraints in the growth of the beta-glucan
market is the inconsistency in regulatory norms governing beta-glucan.
Pharmaceuticals segment is
projected to be the fastest-growing application
The pharmaceuticals application
of beta-glucan dominates the market due to its ability to cure problems such as
obesity, blood pressure, and diabetes. With the increase in the quality
and the arrival of clinically proven products in the market, the trust of
consumers is growing for these products. The growing market for
functional food & beverages is presenting opportunities for the application
of beta-glucan in the food & beverage industry.
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North America: High growth is
expected in the beta-glucan market
North America is projected to
be the fastest-growing market for the period considered for this study as the
beta-glucan market here is led by its broad applications in various products,
along with their health benefits. The North American region is majorly driven
by the U.S. market and the increasing incidences of diseases and widespread
application of fibers & specialty ingredients in various food products,
beverages, and dietary supplements.
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Key Market Players
Beta-glucan
market
