Market Trends of Soluble Beta Glucan Industry
This section covers the major market trends shaping the Soluble Beta Glucan Market according to our research experts:
Growing Demand for Functional Ingredients
The increasing usage of functional ingredients in food products and beverages that enhances the properties of the final product is boosting the soluble beta-glucan market. Functional ingredients improve the nutritional value of food products and also provide various health benefits. Beta-glucan contains a high amount of fiber and nutrients that are also suitable for as a functional component in a variety of food products. Also, various other health and medical benefits associated with beta-glucan such as lowering cholesterol, cancer prevention, and many other benefits, which in turn boosting the soluble beta-glucan market.
Asia-Pacific Witnessed a Significant Growth
The Asia Pacific is expected to grow at a significant growth rate owing to the presence of a significant base of the consumer industries. China is anticipated to be the economy with one of the major shares for the consumption and production of the product during the forecast period. North America is anticipated to be one of the major consumers of the product for use in cosmetic applications, functional foods, ready-to-drink beverages, and other pharmaceutical drug industries. In Europe, the growing high disposable income and changing consumer preferences towards the consumption of nutraceutical supplements are likely to drive product growth during the forecast period.
