Increasing health consciousness is propelling beta-glucan market expansion. Increasing knowledge of the health advantages of beta-glucan soluble fibre is driving up demand for beta-glucan-fortified foods. Moreover, beta-glucans are derived from natural sources. It is in high demand in the culinary, cosmetic, and medical industries because to its versatility and many applications. As a result, rising health consciousness about beta-glucan is fueling market expansion. The negative side effects of beta-glucan are hurting product demand. This aspect is impeding market expansion. Beta-glucan does have certain negative effects, according to numerous clinical investigations. It may induce moderate fever, discomfort at the injection site, muscular and joint pain, nausea, severe diarrhoea, disorientation, and other side effects when administered into the body. The lack of effective regulatory criteria controlling beta-glucan is predicted to have a negative influence on market growth to some extent.
According to Coherent Market Insights, Global Beta-Glucan Market was valued at US$ 514.48 Million in 2021 in terms of revenue, exhibiting a CAGR of 7.04 % during the forecast period (2022 to 2030).
Prominent Players in the Beta Glucan Industry:
1. Associated British Foods Plc
Associated British Foods plc operates as a diversified food, ingredients, and retail company worldwide. It operates through five segments: Grocery, Sugar, Agriculture, Ingredients, and Retail. The company was incorporated in 1934 and is headquartered in London, the United Kingdom. Associated British Foods plc is a subsidiary of Wittington Investments Limited.
2. Biothera
Bio-Thera Solutions, Ltd., commercial-stage Biopharmaceutical Company, researches and develops therapeutics for the treatment of cancer, autoimmune, cardiovascular, and other serious medical conditions. The company was founded in 2003 and is headquartered in Guangzhou, China.
3. Ceapro Inc.
Ceapro Inc., a biotechnology company, engages in the development and marketing of health and wellness products and technology relating to plant extracts in the United States, Germany, China, Canada, and internationally. It operates in two segments, Active Ingredient Product Technology Industry and Cosmeceutical Industry. The company was incorporated in 1997 and is headquartered in Edmonton, Canada.
4. Koninklijke DSM N.V.
Koninklijke DSM N.V., a science-based company, engages in health and nutrition businesses in the Netherlands, Switzerland, rest of Europe, North America, Latin America, China, rest of Asia, and internationally. It operates through Animal Nutrition & Health (ANH); Health, Nutrition & Care (HNC); and Food & Beverage segments. The company was founded in 1902 and is headquartered in Heerlen, the Netherlands.
5. Super Beta Glucan (SBG) Inc.
Headquartered in Irvine, California, Super Beta Glucan (SBG) Inc. is an original, global leader in bringing the benefits of mushroom beta glucan to people and animals throughout the world.the company was founded in 1992.
6. Groupe Soufflet S.A (AIT Ingredients)
Soufflet accompanies their development in France and abroad by the complementarity of its professional expertise, from the seed to the agronomic council, from collection to logistics, from processing to the marketing of finished products. It was founded in 1900 and headquartered in Nogent-sur-seine, Champagne-Ardenne. The company is acquired by inVivo.
7. Tate & Lyle plc. (Tate & Lyle Oats Ingredients)
Tate & Lyle PLC, together with its subsidiaries, provides ingredients and solutions to the food, beverage, and other industries in the United States, the United Kingdom, other European countries, and internationally. It operates through three segments: Food & Beverage Solutions, Sucralose, and Primary Products. Tate & Lyle PLC was incorporated in 1903 and is headquartered in London, the United Kingdom. Tate & Lyle announced it has reached agreement to sell its oat ingredients business, based in Kimstad, Sweden, to Swedish agricultural cooperative Lantmännen on 29 March 2019.
8. Zilor Inc. (Biorigin)
Zilor is a Brazilian privately held multinational that produces sugar, ethanol, renewable electric power, and natural ingredients. The company was founded in 1946.
*Definition- Beta-glucan is a natural component that provides texture to baked goods. It is essentially a fibre that improves the nutritional value and dietary fibre content of food goods. Moreover, it functions as a prebiotic and supports improved intestinal health.