US & Canada Beta Glucan Market Research Report by Product Types (Yeast Extract and Yeast Beta), Applications (Beverages, Dairy Products, Pharmaceuticals, Bakery & Processed Food and others (Animal Feed, Bio Feed and Cosmetics) and Functionality Type (Soluble beta-glucan and Insoluble beta-glucan) - Forecast to 2027

Pune, India -- (SBWire) -- 10/05/2018 --Market Overview:
Growing health conscious population across the globe is driving the sales of Beta Glucan.

Beta Glucan are naturally occurring polysaccharides that are found in the cell walls of Bactria, fungi, yeast, algae, and plants such as barley, oats. Moreover, Beta glucan is a form of soluble dietary fiber and shows strong results in improving cholesterol levels and boosting heart health. Moreover, beta glucans are considered as essential nutrient to maintain good health and proper functioning of immunity system. But body does not produce beta glucan naturally and the only way to get this nutrient is through outside source.  Consumers are now becoming aware of the benefits of Beta Glucan, driving the growth of the market. Rising consumers' awareness supported by increasing health consciousness is uplifting the growth of this market.

Potential applications of Beta Glucan in pharmaceuticals, personal care and food processing  industries have a positive impact on its market share growth. Based on the application, food & beverage application segment is expected to experience the highest growth rate followed by pharmaceutical segment.  Personal care products application is expected to boost the demand for Beta Glucan in the coming years.

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Latest Industry Updates:
March 2017 kemin industries acquired the technology to develop algal sourced beta glucan from us startup alga scientific in March last year. The acquisition includes assets require to manufacture beta glucan including production facility.

February 2018   Immudyne announced sale of its yeast beta glucan manufacturing business to Mark McLughlin

September 2014    Alacer Corp. introduced four new flavors of dietary supplements with supplement ingredient beta glucan derived from proprietary bakery's yeast .

Competitive Analysis:
Key players operating in Beta Glucan market are mainly focused on acquisition of latest technology and small players to expand their business and penetrate the global market. Expansion and R & D investments are among the major strategies followed by the players. Moreover, key players are focusing on new and innovative product launches to achieve major marketing share.

Some of the leading players in the global organic Beta Glucan market are: Lesaffre USA, DSM USA, Bio Springer, Lallemand, Associated British Foods, Biothera Inc, Tate & Lyle, Garuda International Inc, Alltech, Ceapro Inc, Super Beta glucan, ConAgra Foods, Inc, Cargill and others. among many others.

Market Segments:
The global Beta Glucan market has been divided into type, application, functionality type and region.

On the basis of Type: Yeast extract, Yeast beta

On the basis of Application: Beverage, Dairy products, Pharmaceuticals, Bakery & processed food, others

On the basis of functionality type:  Soluble beta-glucan and Insoluble beta-glucan

On the Basis of Region: North America, Europe, Asia Pacific, and ROW.

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Regional Analysis:
Among the regions, Europe will dominate the Beta Glucan market with the presence of major key players in the region. However, North America holds second largest market share and is projected to have continuous growth during the forecast period. Moreover, Asia Pacific is expected to witness the highest growth rate during the forecast period 2017-2027. Rising popularity of Beta Glucan owing to its widespread applications is supporting its market growth on the global level. Rising health awareness and increasing health concerns have been playing a key role in the beta glucan's growth from the last few years.