North America Beta-Glucan Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 5.87 % |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
North America Beta-Glucan Market Analysis
The North American beta-glucan market is projected to grow at a CAGR of 5.87% during the forecast period (2022-2027).
North America Beta Glucan Market has witnessed significant growth despite the COVID-19 pandemic due to increasing health and hygiene consciousness among consumers in this region. As a result, customer demand for nutritious, low-calorie, non-oily, functional, and superfoods has migrated away from processed meals. Consumers are increasingly aware of food ingredients and pay great attention to nutrition labels and product composition. As a result of this shift in consumer behavior, demand for healthy foods and supplements has surged, driving a slew of new functional, non-genetically modified, and naturally produced food products to hit the market.
Beta-glucan, which is characterized as the most popular emerging ingredient in the immune health segment, is witnessing a huge demand from consumers. Technological advancement in oat and barley beta-glucan extractions in recent years has led to commercial, purified beta-glucan market growth in the region.
Government initiative to improve infants' health conditions is playing a vital role in driving the sales of infant formula in the country, which is also driving the demand for infant formula fortified by beta-glucan.
North America Beta-Glucan Market Trends
This section covers the major market trends shaping the North America Beta-Glucan Market according to our research experts:
Increased Demand for Soluble Beta-Glucan
The high solubility of soluble beta-glucan enables companies to produce products with a smooth texture. Soluble beta-glucan finds its applications increasingly in the cosmetics industry to manufacture creams and lotions, as it can be easily absorbed into the skin to achieve desired cosmetic or dermatologic results. Manufacturers are offering soluble beta-glucan that has higher water solubility compared to insoluble beta-glucan, thereby making it ideal for a wide array of applications. For instance, Tate & Lyle offers PromOat Beta Glucan, a soluble oat bran fiber extracted from wholegrain oats and is free from chemicals. It is soluble and has strong water-binding and emulsifying properties and a smooth and creamy texture in a variety of products, including beverages, dairy, soups, sauces, and dressings.
United States Holds Major Share in the Market
In the United States, there is a significant increase in demand for nutritional food and beverages infused with beta-glucan, probiotics, and DHA, as these ingredients are associated with a reduced incidence of respiratory illnesses and allergic manifestations. The rising demand for beta-glucan from various applications is encouraging key players from other regions to invest in the US market. Beta and algae glucan segment is expected to witness significant demand among consumers, with age group 19-55, owing to Millennials' inclination toward natural ingredients and growing preference for clean label food products. Moreover, algae and yeast beta-glucan have proven to be multi-purpose ingredients capable of fortifying and supporting the immune system.
North America Beta-Glucan Industry Overview
The North American beta-glucan market is highly fragmented, particularly with the significant presence of numerous global and regional players. The market is dominated by the players such as Tate & Lyle, Kerry Group, Associated British Foods Plc, SuperBeta-Glucan, and DSM. Product innovation is the most adopted strategy by the key players. They are also investing extensive investment in R&D has led to the introduction of numerous new products in the market. The prominent companies in the market are focusing on the innovation and distribution of these ingredients for catering to emerging applications, like infant nutrition. In addition, the leading players are focused on the promotion of their beta-glucan ingredients, along with spreading awareness among the consumers.
North America Beta-Glucan Market Leaders
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Tate & Lyle PLC
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Kerry Group
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Koninklijke DSM N.V.
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Associated British Foods Plc
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Super Beta-Glucan
*Disclaimer: Major Players sorted in no particular order
North America Beta-Glucan Market News
In July 2021, Solabia-Algatech Nutrition launched algae sourced beta-glucanfor immune support. The BioGlena beta-glucan ingredient comes in a powder format and is suitable for use in a variety of food and beverages and nutrition bars. BioGlena is sourced from the euglena gracillis algae and is produced using proprietary fermaentation technology that ensures beta-glucan content of over 55%.
In July 2021, Sunny Boy Foods has launched a concentrated barely beta-glucan fiber called Cerabeta using non-GMO barley grown in Alberta and Saskatchewan. This innovating and natural process is unique as it uses air, not water, chemicals and enzymes. The result is a 100% natural soluble beta-glucan fiber which has been extensively proven and accepted by health Canada and the FDA as a leading cholestrol lowering solution.
In June 2020, Immudyne Nutritional launched PureMune beta-glucan. This is produced in the United States in an FDA regiestered facility under pharmaceutical like conditions. PureMune low dosage offers many benefits when developing immune health products as companies can now blend ingredients such as probiotics, vitamin C to create optimum immune formulations.
North America Beta-Glucan Market Report - Table of Contents
1. INTRODUCTION
1.1 Study Assumptions and Market Definition
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1 Market Drivers
4.2 Market Restraints
4.3 Porter's Five Forces Analysis
4.3.1 Threat of New Entrants
4.3.2 Bargaining Power of Buyers/Consumers
4.3.3 Bargaining Power of Suppliers
4.3.4 Threat of Substitute Products
4.3.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION
5.1 By Category
5.1.1 Soluble
5.1.2 Insoluble
5.2 By Application
5.2.1 Food and Beverages
5.2.2 Healthcare and Dietary Supplements
5.2.3 Other Applications
5.3 By Source
5.3.1 Cereal
5.3.2 Yeast
5.3.3 Mushroom
5.3.4 Other Sources
5.4 Geography
5.4.1 United States
5.4.2 Canada
5.4.3 Mexixo
5.4.4 Rest of North America
6. COMPETITIVE LANDSCAPE
6.1 Most Active Companies
6.2 Most Adopted Strategies
6.3 Market Share Analysis
6.4 Company Profiles
6.4.1 Tate & Lyle PLC
6.4.2 Kerry Group PLC
6.4.3 Koninklijke DSM N.V.
6.4.4 Associated British Foods Plc
6.4.5 Kemin Industries, Inc.
6.4.6 Ceapro Inc.
6.4.7 Super Beta-Glucan
6.4.8 Cargill Inc
6.4.9 Garuda International Inc.
6.4.10 ABF ingredients
- *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
8. IMPACT OF COVID-19 ON THE MARKET
North America Beta-Glucan Industry Segmentation
Beta Glucans comprise a group of Beta-D- Glucose polysaccharides naturally occurring in the cell walls of cereals, bacteria, and fungi, with significantly differing physicochemical properties dependent on the source. The North America Beta-Glucan Market is segmented into categories that include soluble and insoluble. Based on application, the market is divided into food and beverage, healthcare and dietary supplements, and other applications. The market is also classified according to the source, including cereals, yeast, mushroom, and other sources. The study also involves the analysis of regions such as the United States, Canada, Mexico, and the rest of North America. The report offers market size and forecasts for the beta-glucan market in value(USD million) for all the above segments.
| By Category | |
| Soluble | |
| Insoluble |
| By Application | |
| Food and Beverages | |
| Healthcare and Dietary Supplements | |
| Other Applications |
| By Source | |
| Cereal | |
| Yeast | |
| Mushroom | |
| Other Sources |
| Geography | |
| United States | |
| Canada | |
| Mexixo | |
| Rest of North America |
North America Beta-Glucan Market Research FAQs
What is the current North America Beta-Glucan Market size?
The North America Beta-Glucan Market is projected to register a CAGR of 5.87% during the forecast period (2024-2029)
Who are the key players in North America Beta-Glucan Market?
Tate & Lyle PLC, Kerry Group, Koninklijke DSM N.V., Associated British Foods Plc and Super Beta-Glucan are the major companies operating in the North America Beta-Glucan Market.
What years does this North America Beta-Glucan Market cover?
The report covers the North America Beta-Glucan Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the North America Beta-Glucan Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
North America Beta-Glucan Industry Report
Statistics for the 2024 North America Beta-Glucan market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. North America 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.
