Beta Glucan Market Report

Beta Glucan Market Analysis, Market Size, Application Analysis, Regional Outlook, Competitive Strategies And Forecasts, 2014 To 2020

Format: PDF  |  Report ID: GVR1192

Increasing processed and ready to eat food demand coupled with rising awareness regarding nutritional value of functional food is expected to drive global beta glucan market over the forecast period. Evolving dietary norms along with rising disposable income is anticipated further to drive market growth over the forecast period. Growing demand for yeast specialty products owing to nutritional benefits associated with them is projected to have a positive impact on the global beta glucan market. Advantages associated with consumption of beta glucan such as enhanced immune system is driving its use in health and dietary supplements. Its increasing application as yeast additive in biodiesel blending is projected further drive the global market over the forecast period. 

Shortage of major raw materials such as molasses due to its increasing application in wine blending and industrial applications is expected to hinder beta glucan market growth. Beta glucan manufacturers are expected to face high threat of forward integration from yeast suppliers owing to easy manufacturing processes along with growing economies of scale. Various untapped applications in cosmetic and medicine sector are anticipated to create huge opportunities for beta glucan market over the next six years. 

Favorable regulatory scenario coupled with expanding functional foods and pharmaceutical industries have been the major factors driving European market growth. Setting up of several regional food committees including The Scientific Committee on Food (SCF) that evaluates safety concerns associated with beta glucan before their use in food industry is expected to fuel market growth within the region. In terms of demand, Europe was followed by North America and Asia Pacific owing to expanding functional food industry in these regions. Asia Pacific is expected to witness high growth rates in beta glucan demand over the next six years. Growing pharmaceutical and functional food industries especially in emerging economies such as India, China, Thailand, Vietnam and Indonesia is expected to fuel beta glucan market growth in the region. 

Leading companies in food and beverage business are strategically increasing their market share through various initiatives such as M&A, JVs and long-term contracts; for instance Fluxome’s partnership with GlycaNova to enter beta glucan market. Major companies operating in the global market include Maxarome, DSM N.V., Pharmacon ASA, Specialty Biotech Co., Ltd., Lallemand Inc., Associated British Foods, Chr. Hansen A/S, Alltech Biotechnology, LuraLean and Gistex. 

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