Market Size of Europe Beta-Glucan Industry
| 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 |
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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 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 Size Summary
The Europe beta-glucan market is experiencing significant growth, driven by the increasing demand for functional foods and beverages. Beta-glucan, derived from sources like yeast and oats, is valued for its health benefits and industrial applications, such as food thickeners and dietary fiber. In the healthcare sector, it is utilized to enhance immune response and treat various medical conditions, including high cholesterol and diabetes. The rising interest in healthy lifestyles has further propelled the use of beta-glucan in dietary supplements, appealing to consumers seeking to boost vitality and metabolism. This trend is particularly evident in the production of fortified infant nutrition products, responding to the growing birth rate in the region.
The market landscape in Europe is characterized by a mix of major and local players, with key companies like Kerry Group, Givaudan, and Tate & Lyle PLC leading the charge. These companies are focusing on product innovation, strategic partnerships, and expansions to cater to the increasing consumer demand. In Germany, despite being a leading barley producer, there is a shift towards alternative sources like yeast and algae for beta-glucan extraction, driven by the need to address prevalent health issues such as cardiovascular diseases and cancer. The fragmented nature of the market underscores the competitive dynamics, with companies striving to enhance their offerings to meet the evolving needs of health-conscious consumers.
Europe Beta-Glucan Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Market Drivers
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1.2 Market Restraints
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1.3 Porter's Five Forces Analysis
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1.3.1 Threat of New Entrants
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1.3.2 Bargaining Power of Buyers/Consumers
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1.3.3 Bargaining Power of Suppliers
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1.3.4 Threat of Substitute Products
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1.3.5 Intensity of Competitive Rivalry
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2. MARKET SEGMENTATION
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2.1 By Category
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2.1.1 Soluble
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2.1.2 Insoluble
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2.2 By Source
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2.2.1 Cereals
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2.2.2 Yeast
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2.2.3 Mushrooms
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2.2.4 Other Sources
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2.3 By Application
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2.3.1 Food and Beverages
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2.3.1.1 Baked Goods
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2.3.1.2 Confectionery
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2.3.1.3 Beverages
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2.3.1.4 Dairy
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2.3.1.5 Snacks
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2.3.1.6 Other Products
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2.3.2 Healthcare and Dietary Supplements
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2.3.2.1 Infant Nutrition
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2.3.2.2 Others
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2.3.3 Other Applications
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2.4 Geography
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2.4.1 Europe
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2.4.1.1 United Kingdom
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2.4.1.2 France
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2.4.1.3 Germany
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2.4.1.4 Italy
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2.4.1.5 Russia
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2.4.1.6 Spain
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2.4.1.7 Rest of Europe
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Europe Beta-Glucan Market Size 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.
