Market Size of Africa Beta Glucan Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2019 - 2022 |
CAGR | 8.03 % |
Market Concentration | High |
Major Players*Disclaimer: Major Players sorted in no particular order |
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Africa Beta-Glucan Market Analysis
Africa Beta-Glucan Market is projected to grow at a CAGR of 8.03% during the forecast period (2020-2025).
- The rising demand for yeast specialty products is projected to have a positive impact on the African beta-glucan market. The advantages associated with the consumption of beta-glucan, such as the enhanced immune system, act as the major driver in the health and dietary supplements segment.
- The immune health segment is witnessing an inflow of numerous novel and functional ingredients targeted toward specific health needs. From classical ingredients, such as vitamins and botanicals, the market is now shifting towards the use of ocean's seaweed and yeasts' beta-glucans to continue to diversify and expand the market.