Europe Beta-Glucan Market Size
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2019 - 2022 |
CAGR | 5.35 % |
Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
Europe Beta-Glucan Market Analysis
Europe Beta Glucan Market is projected to grow at a CAGR of 5.35% during the forecast period.
- Food and beverage companies are continuously looking for nutraceutical ingredients that have not only documented health benefits, but also better industrial applications to food products.
- Beta-glucan has many potential applications in the food and beverage industry due to widespread awareness and demand for functional food and beverages. The different sources of beta-glucan, including yeast and oats, have potential applications, such as food thickeners, fat replacers, or as a source of dietary fiber.
Europe Beta-Glucan Market Trends
This section covers the major market trends shaping the Europe Beta-Glucan Market according to our research experts:
Increased Demand for Healthcare and Dietary Supplements
In the healthcare industry, beta-glucans are used for improving immune response and are used as oral medicines or injections for treating a range of medical diseases and disorders including high cholesterol, Crohn's disease, diabetes, cancer, and high blood pressure. Moreover, increasing number of research studies have been carried out using beta-glucans to treat a range of chronic inflammatory skin diseases and other health conditions. Consumers following a healthy and active lifestyle are opting for dietary supplements to increase vitality, physical endurance, and boost their metabolism rate. This demand has led to food companies use beta-glucan to create solutions that improve overall health of consumers. Ingredient manufacturers are focusing on offering compounds that can improve health of consumers due to widespread awareness and higher demand for dietary supplements, including sports nutrition products.
Germany Holds a Major Share in the Market
The rising birth rate (~4% in 2018) over the last few years has created a demand for fortified infant nutrition products. According to Statistisches Bundesamt, there was around 4.58 million population under five years of age in 2017, which was about 6% of the overall population in Germany. Though Germany is largest barley producer after Russia, key players operating in Germany are focusing on other sources, specifically on yeast, algae for beta-glucan extraction, as the major part of barley produced in Germany is used for malting or animal feeding. In Germany, cardiovascular diseases are the most common cause of death, accounting for 40% of all deaths followed by cancer, which accounts for 25% of all death cases. This factor is driving the application of beta-glucan in dietary supplement segment.
Europe Beta-Glucan Industry Overview
Europe beta-glucan market is fragmented owing to the presence of both major as well as local players. The key strategies adopted by the major players are product innovation, mergers and acquisitions, partnership and expansion to meet the demand of growing consumers. The key players in the market are Kerry Group, Givaudan, Tate & Lyle PLC, Koninklijke DSM N.V.
Europe Beta-Glucan Market Leaders
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Tate & Lyle PLC
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Koninklijke DSM N.V
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Kerry Group
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Givaudan
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Lesaffre International
*Disclaimer: Major Players sorted in no particular order
Europe Beta-Glucan Market Report - Table of Contents
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1. INTRODUCTION
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1.1 Study Assumptions & Market Definition
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1.2 Scope of the Study
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2. RESEARCH METHODOLOGY
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3. EXECUTIVE SUMMARY
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3.1 Market Overview
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4. MARKET DYNAMICS
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4.1 Market Drivers
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4.2 Market Restraints
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4.3 Porter's Five Forces Analysis
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4.3.1 Threat of New Entrants
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4.3.2 Bargaining Power of Buyers/Consumers
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4.3.3 Bargaining Power of Suppliers
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4.3.4 Threat of Substitute Products
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4.3.5 Intensity of Competitive Rivalry
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5. MARKET SEGMENTATION
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5.1 By Category
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5.1.1 Soluble
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5.1.2 Insoluble
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5.2 By Source
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5.2.1 Cereals
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5.2.2 Yeast
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5.2.3 Mushrooms
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5.2.4 Other Sources
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5.3 By Application
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5.3.1 Food and Beverages
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5.3.1.1 Baked Goods
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5.3.1.2 Confectionery
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5.3.1.3 Beverages
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5.3.1.4 Dairy
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5.3.1.5 Snacks
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5.3.1.6 Other Products
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5.3.2 Healthcare and Dietary Supplements
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5.3.2.1 Infant Nutrition
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5.3.2.2 Others
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5.3.3 Other Applications
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5.4 Geography
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5.4.1 Europe
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5.4.1.1 United Kingdom
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5.4.1.2 France
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5.4.1.3 Germany
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5.4.1.4 Italy
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5.4.1.5 Russia
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5.4.1.6 Spain
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5.4.1.7 Rest of Europe
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6. COMPETITIVE LANDSCAPE
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6.1 Most Active Companies
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6.2 Most Adopted Strategies
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6.3 Market Share Analysis
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6.4 Company Profiles
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6.4.1 Tate & Lyle PLC
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6.4.2 Kerry Group
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6.4.3 Soufflet Group
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6.4.4 Koninklijke DSM N.V.
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6.4.5 Givaudan
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6.4.6 Merck KGaA
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6.4.7 Lesaffre International
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- *List Not Exhaustive
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7. MARKET OPPORTUNITIES AND FUTURE TRENDS
Europe Beta-Glucan Industry Segmentation
The Europe beta-glucan market is segmented by category that includes soluble and insoluble. The market is divided based on source into cereals, yeast, mushrooms and other sources. Based on application, the market is divided into food and beverages, healthcare and dietary supplements and other applications. The food and beverages section is further divided into baked goods, confectionery, dairy, beverages, snacks, and other products. The healthcare and dietary supplements section is also bifurcated in infant nutrition and others. The study also involves the analysis in regions such as United Kingdom, Germany, France, Italy, Spain, Russia and rest of Europe.
By Category | |
Soluble | |
Insoluble |
By Source | |
Cereals | |
Yeast | |
Mushrooms | |
Other Sources |
By Application | ||||||||
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Other Applications |
Geography | |||||||||
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Europe Beta-Glucan Market Research FAQs
What is the current Europe Beta-Glucan Market size?
The Europe Beta-Glucan Market is projected to register a CAGR of 5.35% during the forecast period (2024-2029)
Who are the key players in Europe Beta-Glucan Market?
Tate & Lyle PLC, Koninklijke DSM N.V, Kerry Group, Givaudan and Lesaffre International are the major companies operating in the Europe Beta-Glucan Market.
What years does this Europe Beta-Glucan Market cover?
The report covers the Europe Beta-Glucan Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Europe Beta-Glucan Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Europe Beta-Glucan Industry Report
Statistics for the 2023 Europe Beta-Glucan market share, size and revenue growth rate, created by Mordor Intelligenceā¢ Industry Reports. Europe Beta-Glucan analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.