The global beta glucan market size is expected to reach USD 560.65 million by 2026 exhibiting a CAGR of 7.60% during the forecast period. The increasing demand for plant-based food and surge in horticulture will contribute positively to the growth of the beta glucan market during the forecast period. As per the Indian Institute of Vegetable Research statistics, the total area under horticultural crops in India is 21.83 million hectares and the production is 240.53 million tons. Fruits and vegetables together add up to 92% of the total horticultural production in the country. The growing inclination towards beta glucan owing to its benefits such as increased immunity and lowered blood sugar levels will boost the beta glucan market revenue during the forecast period. Additionally, the increasing application of beta glucan as dietary supplements, functional food, personal care, and others will spur sales opportunities for the market in the forthcoming years.

As per the report, published by Fortune Business Insights, titled “Beta Glucan Market Size, Share & Industry Analysis, By Source (Yeast, Mushroom, Cereals, and Microalgae), Application (Food & Beverages, Animal Feed, Personal Care, Pharmaceuticals, and Others), Type (1,3 Beta Glucan, 1,4 Beta Glucan, and 1,6 Beta Glucan), and Regional Forecasts, 2019 – 2026” the market size stood at USD 313.90 million in 2018. The beta glucan market report incorporates several factors that have impacted the beta glucan market growth and share in recent years. Besides providing insights on the growth stimulators, it reveals a few factors that have restricted the market growth. The report highlights a few of the leading products, significant companies, and considerable industry developments of recent times. The competitive landscape has been discussed in in-depth in the foodservice equipment market report. Forecast values for the market have been provided in the report for the period of 2019 to 2026. Moreover, the report recognizes areas that have witnessed the highest demand and applications for the product in recent years.

Some of the Major Companies in the Operating in the Beta Glucan Market Include:

• Kerry Group plc.
• Givaudan SA
• Koninklijke DSM N.V.
• Euglena Co. Ltd
• Biotec Pharmacon ASA
• Tate & Lyle plc.
• Lesaffre Group
• Kemin Industries, Inc.
• ABF Ingredients
• Super Beta Glucan
• Garuda International, Inc.

Browse In-depth Summary of This Research Insight

https://www.fortunebusinessinsights.com/industry-reports/beta-glucan-market-100532

Market Driver:

Rising Emphasis on Dietary Supplements to Augment Healthy Growth

The increasing popularity of nutraceutical products will have a positive impact on the beta glucan market growth during the forecast period. The growing emphasis on healthy and functional food items by consumers to fulfill nutritional requirements will bolster substantially to market development. Moreover, the rising importance of dietary supplements owing to their numerous benefits will also aid the expansion of the market. The surge in gym-goers, athletes and health-conscious consumers will also contribute positively to the growth of the market in the foreseeable future. The rising focus of nutraceutical manufacturing companies towards the formulation and offering of varied and natural supplements infused with the advantage of beta glucan specifically to improve gut and immune health of the body will increase business profits for the beta glucan market. Additionally, the growing reverence towards vegetation and green environment will augment the applications of beta glucan.

Market Restraint: