Market Trends of South America Beta-Glucan Industry
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.