Global beta glucan based products market is segmented into cereals, yeast, mushrooms, and others. The market was dominated by the segment of cereals. Lately, glucose polymer has grown into a lot of consideration as a fibre that can be found in and inaccessible from the cell walls of numerous cereals and grains, including barley and oats. The beta glucan found in grains and cereals is recognised to provide a number of health advantages. One of the key profits is the capacity to control blood cholesterol levels. The major sources of beta-glucan are supposed to be barley and oats, and beta-glucan is thought to be abundantly found in grains. They have a renowned high beta-glucan content. Beta glucan retains the body healthy and funds the preservation of the digestive system, predominantly the intestinal tract. Low price and easy entree to grains and cereals are further factors in the rising economy.
Asia Pacific is projected to have the largest market share and is likely to continue to lead the global market in revenue during the anticipated period. The APAC region’s fastest economic growth is accredited to China, where the need for beta-glucans is increasing owing to fluctuating lifestyle inclinations and a booming dairy industry. Customers in China are becoming more conscious of the health benefits of functional foods; in the coming years, demand for beta-glucan will be obsessed by the disposable economy beside a rise in the need for a diet rich in protein and capable of boosting energy. Owing to current food-related issues in China, like the use of melamine in dairy products, customers have also initiated purchasing imported goods. These products are measured higher quality, more dependable, and include more important functional components.
The market for beta glucan based products is moderately competitive. With the rising applications of beta glucan based products, new players are considering to enter the market. The companies are also involved in events like acquisitions, joint ventures, partnerships, mergers, and collaborations. These activities aid in growing the effect of the players in the beta glucan based products market, ultimately boosting the market growth.
• Cargill, Inc.
• Tate and Lyle PLC
• Kerry Group plc
• Koninklijke DSM N.V.
• Merck KGaA
• Lesaffre and CIE
• Kemin Industries
• AngelYeast Co., Ltd.
• Biotec Pharmacon ASA
• Other players
• In June 2020, Lesaffre took a portion of the Chinese Company Biohymn Biotechnology. Biohymn Biotechnology is mainly concerned with the production of yeast and yeast extracts.
• In Jun 2020, Tate & Lyle PLC and Solevo, a leading distributor of chemicals announced a distributor partnership.
By Type
• Cereals
• Yeast
• Mushrooms
• Others
By Application
• Food & Beverages
• Health & Dietary Supplements
• Cosmetics
By Geography
• North America
o U.S.
o Canada
o Mexico
• Europe
o U.K.
o Germany
o France
o Italy
o Spain
o Russia
• Asia-Pacific
o Japan
o China
o India
o Australia
o South Korea
o ASEAN
• Latin America
o Brazil
o Argentina
o Colombia
• MEA
o South Africa
o Saudi Arabia
o UAE
o Egypt
• The analysis provides an overview of the factors driving and limiting the growth of the market including trends, structure and others.
• Market estimation for type and geographic segments is derived from the current market scenario and expected market trends.
• Porter’s Five Force Model and SWOT analysis are used to study this market and would help stakeholders make strategic decisions.
• The analysis assists in understanding the strategies adopted by the companies for the growth of this market.
• In-depth analysis of the types of This would help in identifying future applications in this market.
Reasons to Purchase this Report:
• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
• Provision of market value (USD Billion) data for each segment and sub-segment
• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
• Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis
• Provides insight into the market through Value Chain
• Market dynamics scenario, along with growth opportunities of the market in the years to come
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