The beta glucan is considered as an important functional ingredient with numerous health benefits. The industries are adopting beta-glucan to fortify foodstuff with high dietary fibres as consumer interests in the nutraceutical products is on escalation. Furthermore beta-glucan actively impacts the metabolic parameters and help curing the chronic diseases. The worldwide development of policies for inclusion of functional ingredients in industrial products boosts the global beta-glucan market.
The global beta-glucan market by source type is categorized into:
● Fungal & Microbial
● Others (Dates, Peas etc.)
Beta-glucan are sugars which consists of β-D-glucose type of polysaccharides. The oats and barley in cereals category and mushrooms, yeast in fungal and microbial category are rich sources of beta-glucan. The beta-glucan is extracted from the cell walls of these sources, which is considered as highly enriched nutritional source for humans as well as for animal feed.
Among the source type, cereals segment accounted a major value share in 2016, with oats considered to be a diverse nutrient supplier and expected to gain gradual increase in share by 2025. This is attributed by the development of manufacturers to offer novel food products with barley which is the high source of beta-glucan. The fungal and microbial segment is expected to observe optimistic growth owing to the growing demand of yeast β glucan in cosmetics and pharmaceutical applications.
The global beta-glucan market by category is categorized into:
Soluble beta-glucan segment accounted for over 60% of the global beta-glucan market share in 2014 and is expected to remain dominant during the forecast period. Insoluble beta-glucan segment accounted for over 40% of the global beta-glucan market share in 2014. In addition, the soluble segment is anticipated to register a moderate CAGR between 2015 and 2025.
The global beta-glucan market by application is categorized into:
● Food & Beverage
● Animal Feed
According to application segmentation, food& beverage segment was accounted more than 25% value share in 2016. Increasing demand for fibrous intake and concerns over blood cholesterol levels majorly drives the beta-glucan market in food & beverage applications. Also, beta-glucan allows food product manufacturers to impart heart-health claims in functional foods such as heart healthy biscuits, dairy products, snack bars etc., which in turn aids in driving the global beta-glucan market. In animal feed application, the advanced technologies are being adopted to bolster the immune system of poultry in order to prevent them from disease attack. The beta-glucan market in animal feed application is expected to foresee a sound upsurge in demand over the forecast period.
On the basis of geography, the global beta-glucan market is segmented as per following regions and countries
● North America
-Rest of Europe
● Asia Pacific
-Rest of Asia Pacific
● Latin America
-Rest of Latin America
● Middle East and Africa
-Rest of Middle East & Africa
Geographically, the Europe accounted major share in the global beta-glucan market in 2016. Approval of health claims by EU, related to heart heath, blood glucose, cholesterol control and digestive health will be fuelling the growth for beta-glucan market in the region over the forecast period. In Asia Pacific, the government initiatives for awareness on cancer, women heart health and maternal health is expected to drive the sales revenue of beta-glucan during the forecast period.