North America Beta-Glucan Market Size (2024 - 2029)

The North American beta-glucan market is experiencing notable expansion, driven by a growing consumer focus on health and hygiene, which has shifted demand towards nutritious and functional foods. This trend has led to increased awareness of food ingredients and nutrition labels, boosting the popularity of beta-glucan, particularly in the immune health segment. Advances in extraction technologies for oat and barley beta-glucan have further contributed to the market's growth. Additionally, government initiatives aimed at enhancing infant health are increasing the demand for beta-glucan-fortified infant formula, thereby influencing the market size positively.

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Market Size of North America Beta-Glucan Industry

North America Beta-Glucan Market Size
Study Period 2019 - 2029
Base Year For Estimation 2023
Forecast Data Period 2024 - 2029
Historical Data Period 2019 - 2022
CAGR 5.87 %
Market Concentration Low

Major Players

North America Beta-Glucan Market Major Players

*Disclaimer: Major Players sorted in no particular order

North America Beta-Glucan Market Analysis

The North American beta-glucan market is projected to grow at a CAGR of 5.87% during the forecast period (2022-2027).

North America Beta Glucan Market has witnessed significant growth despite the COVID-19 pandemic due to increasing health and hygiene consciousness among consumers in this region. As a result, customer demand for nutritious, low-calorie, non-oily, functional, and superfoods has migrated away from processed meals. Consumers are increasingly aware of food ingredients and pay great attention to nutrition labels and product composition. As a result of this shift in consumer behavior, demand for healthy foods and supplements has surged, driving a slew of new functional, non-genetically modified, and naturally produced food products to hit the market.

Beta-glucan, which is characterized as the most popular emerging ingredient in the immune health segment, is witnessing a huge demand from consumers. Technological advancement in oat and barley beta-glucan extractions in recent years has led to commercial, purified beta-glucan market growth in the region.

Government initiative to improve infants' health conditions is playing a vital role in driving the sales of infant formula in the country, which is also driving the demand for infant formula fortified by beta-glucan.

North America Beta-Glucan Industry Segmentation

Beta Glucans comprise a group of Beta-D- Glucose polysaccharides naturally occurring in the cell walls of cereals, bacteria, and fungi, with significantly differing physicochemical properties dependent on the source. The North America Beta-Glucan Market is segmented into categories that include soluble and insoluble. Based on 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 the United States, Canada, Mexico, and the rest of North America. The report offers market size and forecasts for the beta-glucan market in value(USD million) for all the above segments.

By Category
Soluble
Insoluble
By Application
Food and Beverages
Healthcare and Dietary Supplements
Other Applications
By Source
Cereal
Yeast
Mushroom
Other Sources
Geography
United States
Canada
Mexixo
Rest of North America
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North America Beta-Glucan Market Size Summary

The North American beta-glucan market is experiencing robust growth, driven by a heightened consumer focus on health and hygiene, which has shifted demand towards nutritious and functional foods. This trend has been further accelerated by the COVID-19 pandemic, as consumers increasingly seek out non-processed, low-calorie, and superfood options. Beta-glucan, recognized for its immune health benefits, is gaining popularity, supported by advancements in extraction technologies from oats and barley. The market is also benefiting from government initiatives aimed at improving infant health, boosting the demand for beta-glucan-fortified infant formulas. Additionally, the high solubility of beta-glucan is expanding its applications in the cosmetics industry, where it is used in creams and lotions for its skin-absorbing properties. Companies like Tate & Lyle are leading the way with innovative products that offer smooth textures and strong emulsifying properties, catering to a variety of food and beverage applications.

The market landscape in North America is highly fragmented, with numerous global and regional players such as Tate & Lyle, Kerry Group, and Associated British Foods Plc dominating the scene. These companies are heavily investing in research and development to drive product innovation and meet the growing demand for beta-glucan across various applications. The United States, in particular, is witnessing a surge in demand for beta-glucan-infused nutritional foods and beverages, as these ingredients are linked to reduced respiratory illnesses and allergies. The market is also seeing increased interest in algae and yeast beta-glucan, which are valued for their immune-boosting properties. Key players are focusing on promoting their beta-glucan products and raising consumer awareness, while new entrants like Solabia-Algatech Nutrition and Sunny Boy Foods are introducing innovative beta-glucan solutions sourced from algae and barley, respectively, further enriching the market offerings.

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North America 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 Geography

      1. 2.4.1 United States

      2. 2.4.2 Canada

      3. 2.4.3 Mexixo

      4. 2.4.4 Rest of North America

North America Beta-Glucan Market Size FAQs

The North America Beta-Glucan Market is projected to register a CAGR of 5.87% during the forecast period (2024-2029)

Tate & Lyle PLC, Kerry Group, Koninklijke DSM N.V., Associated British Foods Plc and Super Beta-Glucan are the major companies operating in the North America Beta-Glucan Market.

North America Beta-Glucan Report Snapshots

North America Beta-Glucan Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)