The beta-glucan market is estimated at $501M in 2023 and is projected to reach $734M by 2028, at a CAGR of 7.9% from 2023 to 2028 according to a report by MarketsandMarkets™. Factors such as the increase in demand for natural food additives in food and beverages, rising use of beta-glucan in pharmaceutical tablets and capsules are positively driving the growth of the beta-glucan market. Furthermore, rising trends for use of beta-glucan in the production of cosmetic products for better emulsification drive market growth.
By source yeast segment is expected to grow fastest during the forecast period 2023-2028 Yeast is widely used in industrial fermentation processes for the production of various products, such as bread, beer, and biofuels. The large-scale cultivation of yeast for industrial purposes requires efficient and rapid growth to meet production demands. To achieve high yields, yeast strains used in industrial production are often optimized for growth rate, which includes the production of beta-glucans. This further enhances yeast's capability as a fast-growing source of beta-glucan.
By application, the dietary supplement segment is expected to grow fastest during the forecast period 2023-2028. Modern lifestyles, including stress, poor diet, sedentary behavior, and environmental factors, can impact immune health and overall well-being. As people seek ways to support their immune system and maintain their health, the demand for dietary supplements, including those containing beta-glucan, has increased. Moreover, as the global population ages, there is a growing interest in health and wellness products that can support healthy aging, and beta-glucan has been recognized as a potential ingredient for such products.