Global Beta-glucan Market is Expected to be Worth US$ 448.3 Million, Growing at a CAGR of 7.0% Over The Forecast Period (2021-2028)

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Beta-glucan
Beta-glucan

Beta-glucan is a natural ingredient that is used to give baked goods their texture. It's basically a fibre that boosts the nutritional value and dietary fibre content of foods. It also acts as a prebiotic ingredient, which helps to improve gut health. It also has a number of health benefits, including lowering blood cholesterol and sugar levels. Additionally, it inhibits the growth of cancer-causing cells.

Rising health consciousness is propelling Beta-glucan Market growth. Growing awareness of the health benefits of beta-glucan soluble fibre is driving up demand for beta-glucan-fortified foods. Furthermore, beta-glucans are derived from natural sources. It is in high demand in the food, cosmetic, and medical industries due to its versatility and multiple applications. As a result, rising health consciousness about beta-glucan is fueling the market growth.

Growing demand for processed foods is primarily driving Beta-glucan Market Growth. The growing urban population, combined with an increasing working population, is a major factor driving the sale of processed foods. In processed foods, beta-glucan is used as a thickening agent, fat replacement, and source of dietary fibre. As a result, the growing demand for processed food products as a result of global urbanisation and an increasing working population is fueling the market for beta-glucan growth.

In the near future, the rising global consumption of bakery food products is expected to bring new and exciting opportunities to the market. According to the American Bakers Association, total bread and baked goods sales increased 1.5 percent in 2018, surpassing $59 billion (split between the fresh bakery department and items found in the grocery, frozen, and dairy departments), while in-store bakery sales increased 2.2 percent to $13.8 billion, fueled by desserts, sweet goods, and cookies.

Over the forecast period, rising demand for Beta-glucan Market-based beverages is expected to provide significant growth opportunities. Lantmännen, for example, will launch fully-soluble oat beta-glucan for supplements and beverages in July 2020. The ingredient, derived from Swedish, GMO-free whole grain oats, addresses major health concerns such as heart disease and diabetes. It is intended for use in nutritional supplements and powdered beverages, among other things.

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