Global Beta Glucan Market Size will Reach $45.23 Million in 2023

Global Beta Glucan Market Overview

According to Global Market Monitor, the global beta-glucan market size will reach $45.13 million in 2023 with a CAGR of 7.13% from 2023 to 2028. Europe dominated the market with a market share of 37.94% in 2022.

Beta Glucan,a polysaccharide composed of glucose monomers naturally found in bacteria, fungi, algae, and cereals, has various biological effects, such as immune-enhancing and antioxidant. Beta-glucan can be divided into soluble beta-glucan and insoluble beta-glucan, and the two types are different regarding the application, mode of action, and overall biological activity. Cereal and seaweed extracts contain mostly soluble beta-glucan, whereas mushroom and yeast beta-glucan are mostly insoluble. The soluble segment accounted for the largest share in 2022.

Product Regulatory Compliance Imposes Stricter Requirement.  

As governments become more stringent in their regulation of food safety and environmental protection, they place higher demands on the development of the beta-glucan industry and will increase the responsibility and security investment of companies to promote environmental protection at a high level, manage odors, and prevent food safety risks. In Europe, regulations tend to be very conservative or vague, and this continues to hurt the market and creates commercial uncertainty. In China, product standards are mainly based on those of the European Union and the United States, and becoming increasingly stringent.

Development Potential   

Beta-glucan has a potential market, which presents an opportunity for the industry to grow. Mushroom extracts are to be preferred over yeast-derived beta-glucan supplements. They achieve a similar immune-modulating effect at a lower dosage and on top of that have many other beneficial health effects not found in yeast beta-glucan products. Since few commercially available functional products on the market can be fortified with mushroom beta-glucan, it has great potential to be used in various food industries. The beta-glucan industry has entered the stage of competition that relies on technological progress to cope with rapid development. Companies should speed up the research on the new development direction and trend of the industry, increase investment in R&D, carry out technical reserves and cutting-edge research, create differentiated products and services, subdivide the market and key customers, and customize the research and development of products to meet the special needs of customers.

Drivers	A Wide Range of Applications
	Policy Support
Limitations	Regulatory Compliance
	Restricted Application Scenarios
Opportunities	Effective Marketing Tools
	Potential for Development
	Process Improvement