South 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 | 5.12 % |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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South America Beta Glucan Market Analysis
South America Beta Glucan Market is projected to grow at a CAGR of 5.12% during the forecast period 2020-2025.
- Beta-glucans are biologically active fibers derived from the cell wall of various natural sources, including yeast, mushroom, oats, barley, and others, with the proven benefits for health and medical significance. The beta-glucans are allowed in several countries, including the United States of America, Canada, Finland, Sweden, Brazil, China, Japan, and Korea, as potent immunological activators. Beta-glucans are not synthesized by the human body. Hence, these are recognized by the immune system and these induce both adaptive and innate immune responses.
- Moreover, several new research activities are being conducted in determining the positive health benefits of beta-glucan in the management of numerous diseases. For example, in one of the research studies published for Inflammable Bowel Diseases (IBS) claims that Wellmune, which is a prebiotic dietary manufacturer by the Kerry Group, can be used in reducing gut permeability in the human body. The dietary fiber is derived from baker's yeast. Therefore, the potential benefits provided by beta glucan for human health represents immense scope in terms of the market's growth.
South America Beta Glucan Market Trends
This section covers the major market trends shaping the South America Beta-Glucan Market according to our research experts:
Increased Demand for Algae derived Beta Glucan in Dietary Supplements
The nutritional food and supplement market is witnessing an increased demand for the algae-derived beta-glucan. The algae-derived beta-glucan is simple and available at a cheaper price, compared to the other beta-glucans, such as beta-glucan derived from yeast. Furthermore, improving the extraction techniques for microalgae cultivation will allow the manufacturers to make effective use of beta-glucan microalgae in the food, dietary supplements, healthcare, among others. In this regard, numerous efforts are being carried out by several organizations. These aforementioned factors are expected to contribute to the overall growth of the market in the near future.
Brazil holds a Prominent Share in the Market Studied
Growing consumption of nutraceuticals and functional food, its usage as an immunomodulator, and increased usage as fat substitutes are driving the demand for the beta-glucan market in the region. In Brazil, the growing consumer acceptance of dietary fiber supplements and fictional food products is expected to support the application of beta-glucan in human nutrition. Key players in the South American beta-glucan market include Biothera Inc., Biospringer, and Lesaffre, among others.
South America Beta Glucan Industry Overview
These companies are focusing on research and development activities to enhance their product portfolio, to stay competitive in the market. In addition, they are also focusing on expanding their exclusive functional food product portfolio through the acquisition of various raw materials and end-product manufacturing companies, with the objective of enhancing their market position. Some of the major players in the market studied are studied Tate & Lyle PLC, Biothera Inc., Biospringer, Lesaffre, among others.
South America Beta Glucan Market Leaders
Tate & Lyle PLC
Kerry Group PLC
Biothera Inc.
Lesaffre
*Disclaimer: Major Players sorted in no particular order
South America Beta Glucan Market Report - Table of Contents
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1. INTRODUCTION
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1.1 Study Deliverables
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1.2 Study Assumptions
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1.3 Scope of the Study
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2. RESEARCH METHODOLOGY
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3. EXECUTIVE SUMMARY
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4. MARKET DYNAMICS
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4.1 Market Drivers
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4.2 Market Restraints
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4.3 Porter's Five Forces Analysis
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4.3.1 Threat of New Entrants
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4.3.2 Bargaining Power of Buyers/Consumers
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4.3.3 Bargaining Power of Suppliers
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4.3.4 Threat of Substitute Products
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4.3.5 Intensity of Competitive Rivalry
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5. MARKET SEGMENTATION
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5.1 By Category
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5.1.1 Soluble
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5.1.2 Insoluble
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5.2 By Application
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5.2.1 Food and Beverages
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5.2.1.1 Dairy
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5.2.1.2 Snacks
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5.2.1.3 Beverages
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5.2.1.4 Confectionery
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5.2.1.5 Baked Goods
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5.2.1.6 Other Products
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5.2.2 Healthcare and Dietary Supplements
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5.2.2.1 Infant Nutrition
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5.2.3 Other Applications
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5.3 By Geography
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5.3.1 Brazil
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5.3.2 Colombia
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5.3.3 Rest of South America
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6. COMPETITIVE LANDSCAPE
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6.1 Most Active Companies
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6.2 Most Adopted Strategies
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6.3 Market Share Analysis
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6.4 Company Profiles
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6.4.1 Tate & Lyle PLC
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6.4.2 Kerry Group PLC
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6.4.3 Koninklijke DSM NV
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6.4.4 Angel Yeast Co. Ltd
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6.4.5 Biotec Pharmacon
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6.4.6 Lesaffre International
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6.4.7 Associated British Foods
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- *List Not Exhaustive
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7. MARKET OPPORTUNITIES AND FUTURE TRENDS
South America Beta Glucan Industry Segmentation
South America Beta-glucan Market is segmented by category into soluble and insoluble. By application, the market studied is segmented into food and beverages, healthcare and dietary supplement, and others. The food and beverages segment is further sub-segmented into dairy, snacks, beverages, confectionery, baked goods, and others. Based on geography, the report provides a detailed regional analysis, which includes Brazil, Colombia, and rest of South America.
| By Category | |
| Soluble | |
| Insoluble |
| By Application | ||||||||
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| Other Applications |
| By Geography | |
| Brazil | |
| Colombia | |
| Rest of South America |
South America Beta Glucan Market Research FAQs
What is the current South America Beta-Glucan Market size?
The South America Beta-Glucan Market is projected to register a CAGR of 5.12% during the forecast period (2024-2029)
Who are the key players in South America Beta-Glucan Market?
Tate & Lyle PLC , Kerry Group PLC , Biothera Inc. and Lesaffre are the major companies operating in the South America Beta-Glucan Market.
What years does this South America Beta-Glucan Market cover?
The report covers the South America Beta-Glucan Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the South America Beta-Glucan Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
South America Beta Glucans Industry Report
Statistics for the 2023 South America Beta Glucans market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. South America Beta Glucans analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
