Asia-Pacific Beta-Glucan Market Size (2024 - 2029)

The Asia-Pacific beta-glucan market is experiencing growth driven by the increasing demand for soluble dietary fiber and the expanding population in the region. This growth is further supported by the rising preference for natural and organic ingredients, particularly in Australia, where there is a notable shift towards beta-glucan sourced from mushrooms, algae, and yeast. The market is also witnessing new entrants aiming to capture a share in the functional food and beverage sector, fueled by the growing interest in products with antioxidant benefits.

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Market Size of Asia-Pacific Beta-Glucan Industry

Asia Pacific Beta Glucan Market Size
Study Period 2019 - 2029
Base Year For Estimation 2023
Forecast Data Period 2024 - 2029
Historical Data Period 2019 - 2022
CAGR 5.75 %
Market Concentration Low

Major Players

Asia Pacific Beta Glucan Market Key Players

*Disclaimer: Major Players sorted in no particular order

APAC Beta-Glucan Market Analysis

Asia Pacific Beta-Glucan market is projected to grow at a CAGR of 5.75% during the forecast period (2020 - 2025).

  • The rising demand for soluble dietary fiber, increasing population, and availability of resources are encouraging key players in the beta-glucan market to expand their presence in the region.
  • The demand for natural, organic, and free-from ingredients and products has increased significantly in Australia, which has triggered the use of beta-glucan extracted from mushroom, algae, and yeast.
  • New players are entering the market due to rising demand for functional food with antioxidant benefits, especially to capture the market share in the functional food and beverage segment.

APAC Beta-Glucan Industry Segmentation

The Asia-Pacific Beta-Glucan market is segmented by category that includes soluble and insoluble. Based on the 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 China, Japan, India, Australia, and the rest of Asia-Pacific.

By Category
Soluble
Insoluble
By Application
Food and Beverages
Healthcare and Dietary Supplements
Other Applications
By Source
Cereal
Yeast
Mushroom
Other Sources
By Geography
China
Japan
India
Australia
Rest of Asia-Pacific
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Asia-Pacific Beta-Glucan Market Size Summary

The Asia-Pacific beta-glucan market is experiencing significant growth, driven by the increasing demand for soluble dietary fiber and the rising population in the region. This growth is further supported by the availability of resources and a shift towards natural, organic, and free-from ingredients, particularly in Australia. The market is witnessing an influx of new players aiming to capture market share in the functional food and beverage segment, fueled by the demand for products with antioxidant benefits. In the healthcare sector, beta-glucans are gaining traction for their role in enhancing immune response and treating various medical conditions, prompting manufacturers to invest in research and development to introduce effective drugs. The trend towards healthy and active lifestyles is also boosting the use of beta-glucan in dietary supplements, as consumers seek to improve vitality and metabolism.

In China, the infant formula market is experiencing robust growth, partly due to the two-child policy and increased government support for product innovation. This has led to a heightened demand for infant formulas containing beta-glucan, with regulatory changes facilitating its use as a nutritional enhancer. The market is characterized by a high degree of fragmentation, with numerous global and regional players such as Tate & Lyle, Kerry Group, and Koninklijke DSM N.V. leading the charge. These companies are focusing on innovation and distribution to meet emerging applications, like infant nutrition, while also promoting beta-glucan ingredients and raising consumer awareness.

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Asia-Pacific Beta-Glucan Market Size - Table of Contents

  1. 1. MARKET DYNAMICS

    1. 1.1 Market Drivers

    2. 1.2 Market Restraints

    3. 1.3 Porter's Five Forces Analysis

      1. 1.3.1 Threat of New Entrants

      2. 1.3.2 Bargaining Power of Buyers/Consumers

      3. 1.3.3 Bargaining Power of Suppliers

      4. 1.3.4 Threat of Substitute Products

      5. 1.3.5 Intensity of Competitive Rivalry

  2. 2. MARKET SEGMENTATION

    1. 2.1 By Category

      1. 2.1.1 Soluble

      2. 2.1.2 Insoluble

    2. 2.2 By Application

      1. 2.2.1 Food and Beverages

      2. 2.2.2 Healthcare and Dietary Supplements

      3. 2.2.3 Other Applications

    3. 2.3 By Source

      1. 2.3.1 Cereal

      2. 2.3.2 Yeast

      3. 2.3.3 Mushroom

      4. 2.3.4 Other Sources

    4. 2.4 By Geography

      1. 2.4.1 China

      2. 2.4.2 Japan

      3. 2.4.3 India

      4. 2.4.4 Australia

      5. 2.4.5 Rest of Asia-Pacific

Asia-Pacific Beta-Glucan Market Size FAQs

The Asia-Pacific Beta-Glucan Market is projected to register a CAGR of 5.75% during the forecast period (2024-2029)

Tate & Lyle PLC, Kerry Group, Koninklijke DSM N.V., Associated British Foods Plc and Kemin Industries, Inc. are the major companies operating in the Asia-Pacific Beta-Glucan Market.

Asia-Pacific Beta-Glucan Report Snapshots

Asia-Pacific Beta-Glucan Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)