The exclusive COVID-19 impact analysis report by Axiom MRC provides a 360 degree analysis of micro and macro-economic factors on the Europe beta glucan market. In addition, complete analysis of changes on the Europe beta glucan market expenditure, economic and international policies on supply and demand side. The report also studies the impact of pandemic on Europe economies, international trade, business investments, GDP and marketing strategies of key players present in the market. As the COVID-19 pandemic continues to spread, emphasis on the health and safety of the food processing industry and its employees is intensifying. Being the most mature and competitive sector across the globe, it has long benefitted from many unpriced environmental and social externalities. A shift to incorporate environmental impacts into the true cost of food has become more apparent in current years. But the pandemic is serving to elevate social factors as a key consideration. With stakeholders along with the supply chain (including consumers and regulators) demanding change, the sustainability and ultimate financial success of food and beverage companies will lie, at least in part, in their ability to manage these expectations and address these factors.
Increasing occurrences of chronic health disorders such as diabetes, cholesterol, heart disease and obesity are likely to drive the attention of consumers towards the consumption of healthy dietary foods such as beta glucan in the upcoming years. It is an indigestible fiber, which slows down the digestion process, thus regulating the blood sugar level. It also helps in boosting the immune system, which may further boost the beta glucan market share. The ability to regulate cholesterol levels in blood coupled with increasing consumer awareness regarding the need to maintain personal health and hygiene may foster market growth. Moreover, the growing agricultural sector in developing countries together with the increasing cultivation of soy and maize, which are raw materials for production of the product is likely to further raise the beta glucan market demand.
The various opportunities such as changing lifestyles, growing economy, and shift toward natural products are observed in developing economies, leading to the growth in demand for beta-glucan, not only in food, personal care, and pharmaceutical products but also in other industrial applications, such as animal feed and biofuel production. Developing economies in the coming years, are expected to experience a sharp upsurge in demand for beta-glucan extracted from different raw materials. This demand is attributed to be driven by an increase in the consumption of healthy foods, nutraceuticals, and personal care products. Adding to that, these regions also provide cost optimization in terms of production, labor cost, and processing. High demand, coupled with a low cost of production, is a key feature that is expected to support beta-glucan manufacturers to enter into new emerging economies.
However, the high cost of extraction of the final product from the extract obtained from cereals is expected to hinder the demand for the product to some extent throughout the forecast period. The extract is generally subjected to a freeze-thawing process to induce gelation, which results in additional costs of freezing.
The inconsistency in regulatory norms governing beta glucan is likely to restrain the market growth of the Europe beta glucan market. The beta-glucan market is governed by different regulatory bodies, which vary regionally. The legislation regarding the extraction, processing, formulation, and end-product manufacturing is different from regions to regions. Health claims also differ at the country level, thereby hindering the usage of beta-glucan in pharmaceuticals as well as food & beverages. The regulations also govern and monitor claims made by end-product manufacturers and labelling requirements.
The report provides in-depth analysis of Europe beta glucan market, market size, and compound annual growth rate (CAGR) for the forecast period of 2022-2028, considering 2021 as the base year. With increasing demand for various beta glucan in various applications has led the increasing demand for market and is expected to witness the growth at a specific CAGR from 2022-2028.
The Europe beta glucan market comprises of different market segment like source, category, application and country.
The various sources of beta glucan comprised in the Europe beta glucan market report are cereals, yeast, mushroom and bacteria. The beta-glucan found in the cells of barely grain is very popular among the food conscious population, it contains soluble fibre and can be easily dissolved in the liquid, which makes beta-glucan much more convenient for people from different age groups and health condition. Beta-glucan obtained from barley is considered to be very effective for digestion, gut health, and helping to reducing blood sugar levels, also lower the cholesterol without the risk of developing phytobezoars. Moreover, beta-glucan obtained from barley helps in increasing the viscosity gently in the gastrointestinal tract, trapping and eliminating bile acids which results in creating create new bile acids from blood cholesterol and reducing LDL cholesterol levels.
Beta-glucan extracted by mushroom contains a great quantity of polysaccharide which are commonly found in the cell walls of mushrooms such as Reishi, Turkey Tail, Shiitake, and Maitake which are most researched and well-studied mushrooms; polysaccharides are carbohydrates made of a variety of monosaccharides that are joined together by glycosidic bonds and considered to be the main component of beta-glucan and it is largely found in the mushrooms. Beta-glucan sourced by mushrooms are widely demanded for various health properties such as immune-modulating anti-tumor, antimicrobial, antioxidative, anti-cancerogenic, hepatoprotective, and cardioprotective properties which are largely beneficial in stimulating the immune system, help to fight the cancerogenic cells, regulate the blood sugar level, beneficial in gastro-digestive, increasing the energy level, reducing fatigue and many more.
On the basis of category, beta-glucan is categorized into soluble beta-glucan and insoluble beta-glucan. Beta-glucan is considered to be one of the most high-fiber foods, they have certain benefits to offer, some stand out due to specific types of fiber they provide. Both the categories of beta glucans have various health benefits which increases the immunity level in human body and provide several other health benefits. As the people are moving towards healthy food, they are including fiber in their diet which has increased the demand for beta glucan, also with growing cases of chronic diseases has increased the demand for beta-glucan and for various application, various category of beta-glucan is used.
Soluble beta-glucan is normally found in almost every natural source of glucan, and it is easily found in a whole host of fruits, vegetables, whole grains, and legumes, but the richest source of beta glucan is cereal and grains like oats, barley, and wheat. Soluble beta-glucan can be easily dissolved with water or in the guts after consuming it, once soluble beta-glucan is partially dissolved, it forms a gel-like material that coats the inside of the small intestine and this coating slows the digestion which results in slowing the absorption of carbohydrate and it helps in reducing the cholesterol level and provides many of the health benefits. Soluble beta-glucans are metabolized into Short Chain Fatty Acids (SCFAs) in the colon and some of the health benefits of SCFAs include a decrease in inflammation, a decrease in the growth of bad bacteria and appetite control.
Beta-glucan has its application in food and beverages industry, personal care, pharmaceutical, dietary supplement and animal feed. Beta-glucan is a natural polysaccharide obtained from various sources like cereals and grains, yeast etc. these are considered to be immuno-modulator which helps the human body to boost the immunity and protects the body against disease or other potentially damaging foreign bodies, also it has certain healthy properties which is why it is widely used in various application.
In recent years, as people have become more self-conscious and moving towards natural cosmetic products, the use of beta-glucan has been increased in the personal care industry. According to a report by Soil Association, by the end of 2014, UK sales of organic health and beauty products was around £44.6m, which was up 20% on the previous year, and in various parts of the globe, people are demanding for organic and natural beauty care products irrespective of gender. Thus, in recent years, beta-glucan has been emerged as an important ingredient for the skin care products, since it works as humectants that hydrate the skin and prevent environmental damage. Also, beta-glucan have anti-inflammatory properties and are especially beneficial for people with inflammatory skin conditions like eczema and dermatitis.
The beta glucan market is studied for various key countries such as UK, Germany, France, Italy and Spain. The U.K. region is anticipated to dominate the market during the forecast period. The growing health consciousness among consumers and increasing health expenditure is likely to boost the growth of beta glucan market during the forecast period. Additionally, rising usage of immunity regulators is also estimated to propel the growth of beta glucan market. Moreover, growing pharmaceutical and nutraceutical sector is expected to refuel the growth of the Europe beta glucan market.
The competitive landscape analysis of Europe beta glucan market is certainly based range of market players operating in the healthcare market with increasing demand for production of beta glucan. Besides, number of market players offered wide range of products for different application in various geographic locations. The market has major competitive analysis based on new product launches as well as other developments.
The key players studied in market are Cargill, Incorporated, Ceapro Inc, Super Beta Glucan, DSM, Tate & Lyle, Kemin Industries, Inc., Lesaffre, Garuda International, Inc., Kerry, Ohly, AIT Ingredients, AngelYeast Co., Ltd, Algatech LTD., Specialty Biotech Co.,Ltd., Glycanova, Van Wankum Ingredients, Leiber GmbH, Nutra Green Biotechnology Co.,Ltd., Lallemand Inc., Jkosmmune, Macrocare Tech Co., Ltd., Amarte USA, LLC, Biotec Pharmacon ASA, Lantmännen, Carbon Medical Technologies, Inc and Givaudan SA among others.
June 2020: Lesaffre takes a majority shareholding in the Chinese company Biohymn Biotechnology (China). Biohymn Biotechnology specialized in the production of yeast and yeast extracts.
October 2019: Cargill Inc. invested USD 35 million in Europe to produce soluble fibers that meets consumer demands for healthier products. Cargill, Inc.’s new soluble fibers will enable sugar reduction up to 30% as well as calorie reduction and fiber enrichment in confectionery, bakery goods, fillings, cereals, and ice cream and dairy, whilst maintaining the desired appearance, taste and texture.
Beta-glucans are water-soluble dietary fibers found naturally in the cell walls of bacteria, fungi, yeasts, and various species of plants. They aid in lowering blood serum cholesterol, stimulating the immune system, regulating blood glucose levels, and reducing the risk of developing cardiovascular diseases (CVDs). As a result, they are widely used in medical supplements to help combat numerous health conditions, including eczema, diabetes, allergies, asthma, and heart disorders. Beta-glucans also assist in alleviating the symptoms of fibromyalgia, Crohn's disease, rheumatoid arthritis, ulcerative colitis, and chronic fatigue syndrome.
1) What are the drivers for beta glucan market?
The key driving factors of the market are growing health consciousness among consumers and increasing health expenditure.
2) Which is the leading application segment for beta glucan market?
Food and beverage segment has accounted the major market share, and is expected to witness the growth at highest pace during the forecast period.
3) Which region is gaining majority of market share during the forecast period (2022-2028)?
United kingdom is expected to gain major market share during the forecast period (2022-2028).