Global Beta-Glucan Market
Global Beta-Glucan Market Report Description:
Global beta-glucan market report gives comprehensive outlook on beta-glucan across the globe with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. The report on global beta-glucan market gives historical, current, and future market sizes (US$ Mn) on the basis of source, type, application, and region. This report studies global beta-glucan market dynamics elaborately to identify the current trends & drivers, future opportunities and possible challenges to the key stakeholders operating in the market. In addition, global beta-glucan market report includes human demographics; regulatory scenario, and competition analysis with vividly illustrated the competition dashboard to assess the market competition. Moreover, PBI analyzed global allergy market to better equip clients with possible investment opportunities across the regions (regional Investment Hot-Spots) and market unmet needs (Product Opportunities). Key stakeholders of the global market report include suppliers, manufacturers, marketers, policy makers, and healthcare service providers engaged in global beta-glucan products.
Global Beta-Glucan Market:
The global beta-glucan market is expected to be valued at US$ 379.2 Mn in 2018 and growing at a CAGR of 7.8% over the forecast period to reach US$ 636.2 Mn by 2025 owing to increasing demand for food & beverages and medications is growing, the feature such as health-promoting and prebiotic properties are anticipated to drive the growth of the market. The increasing awareness regarding the health consciousness and the rising adoption to multifunctional beta-glucan are expected to drive the growth of the market. Increasing applications of Beta-Glucan in various industries coupled with reduction in prices for the main raw materials. However, inconsistency in regulatory norms and high cost of Beta-Glucan extraction are the major factors anticipated to restrain the growth of the market.
Increasing standards of Living drives the growth of the market
The growing standards of living owing to enhanced economic conditions and rising demand for beta-glucan among the population due to rising awareness regarding the benefits of the products are projected to boost the growth of market that is enhancing the manufacturers to increase the production capabilities across the globe.
Europe Leads the Global Beta-Glucan Market
Europe leads the beta-glucan market owing to growing demand for beta-glucan countries like the UK, France, and Germany. North America and Asia Pacific are anticipated to growth with significant CAGR over the future years owing to growing customer/consumer preference towards high nutritious food and rising spending on different foods products coupled with the development of the pharmaceutical industry in the region drives the growth of the market.
Key player’s profiles in the global beta-glucan market include:
- Cargill, Inc
- Tate & Lyle PLC
- Kerry Group PLC
- Koninklijke DSM N.V.
- Garuda International Inc.
- Super Beta Glucan
- Lesaffre Human Care
Key Findings of the Report:
- Global beta-glucan market expanding at significant CAGR over 2018 to 2024 owing to rising demand for beta-glucan across the globe due to increasing health consciousness.
- Based on region, Europe accounted for larger market revenue share in 2018 and projected gain market revenue share over the forecast period
- Players focusing on innovation of newer products and collaboration strategies to retain market position in global market
- Food & Beverages
- Personal Care & Cosmetics
- Animal Feed
- Rest of Europe
- Australia & New Zealand
- ASEAN (Includes Indonesia, Thailand, Vietnam, Philippines, Malaysia, and Others)
- South Korea
- Rest of Asia-Pacific
- Rest of Latin America
Middle East and Africa (MEA)
- Gulf Cooperation Council (GCC) Countries
- South Africa
- Rest of MEA
Key Features of the Report:
- The report provides granular level information about the market size, regional market share, historic market (2014-2018) and forecast (2019-2025)
- The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
- The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
- The report tracks recent innovations, key developments and startup’s details that are actively working in the market
- The report provides plethora of information about market entry strategies, regulatory framework and reimbursement scenario
- The report analyses the impact of socio-political environment through PESTLE Analysis and competition through Porter’s Five Force Analysis in addition to recent technology advancements and innovations in the market