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3. Beta-Glucan Market Size & Share - Future Growth Expectations

The beta-glucan market size is estimated at USD 542 million in 2024; it is projected to grow at a CAGR of 8.1% to reach USD 800 million by 2029. The growing need for nutritional supplements stems from urbanization and the hectic pace of modern life. Consequently, food additives are incorporated into food products to enhance their nutritional value without posing any adverse effects. 

Beta-Glucan Market Share - Global Industry Landscape

The beta-glucan market is characterized by the presence of several key players competing for market share. Some of the leading companies in the beta-glucan industry include:

• Tate & Lyle PLC (UK)
• Kerry Group PLC (Ireland)
• DSM Firmenich (Switzerland)
• Kemin Industries (US)
• Alltech (US)
• AngelYeast Co., Ltd (China)

To know about the assumptions considered for the study download the pdf brochure

These companies, along with several others, collectively shape the global beta-glucan industry landscape. Market dynamics are influenced by factors such as technological innovation, regulatory compliance, strategic partnerships, and market consolidation. 

Tate & Lyle PLC (UK)

• Market Share: Tate & Lyle is a major player in the food and beverage ingredients industry, with a significant global market share.
• Key Offerings: Tate & Lyle provides a wide range of specialty food ingredients and solutions, including sweeteners, texturants, fibers, and stabilizers. They are known for their innovative solutions in sugar reduction, clean label ingredients, and nutritional fortification.

Kerry Group PLC (Ireland)

• Market Share: Kerry Group is a leading global taste and nutrition company, holding a substantial market share in the industry.
• Key Offerings: Kerry offers a comprehensive portfolio of taste and nutrition solutions for the food and beverage industry. Their offerings include flavors, ingredients, seasonings, and integrated solutions for product development, taste optimization, and nutritional enhancement.

DSM Firmenich (Switzerland)

• Market Share: DSM Firmenich is a significant player in the global ingredients and flavor industry, holding a notable market share.
• Key Offerings: DSM Firmenich specializes in providing innovative ingredients, flavors, and nutritional solutions for food, beverage, and fragrance applications. They offer a diverse range of products, including vitamins, enzymes, cultures, and aroma chemicals.

Kemin Industries (US)

• Market Share: Kemin Industries is a respected player in the food and feed industries, with a considerable market share in certain segments.
• Key Offerings: Kemin Industries offers a range of specialty ingredients and solutions for food preservation, shelf-life extension, food safety, and animal nutrition. Their key offerings include antioxidants, antimicrobials, natural colors, and functional ingredients.

Alltech (US)

• Market Share: Alltech is a significant player in the global animal nutrition industry, with a notable market share in feed additives and nutritional solutions.
• Key Offerings: Alltech specializes in providing innovative solutions for animal health and nutrition. Their key offerings include feed additives, premixes, enzymes, and microbial solutions aimed at improving animal performance, health, and feed efficiency.

AngelYeast Co., Ltd (China)

• Market Share: AngelYeast is a prominent player in the yeast and fermentation industry, with a considerable market share, particularly in Asia.
• Key Offerings: AngelYeast offers a wide range of yeast products, including baker's yeast, brewer's yeast, and yeast extracts. They also provide fermentation solutions for various industries, including food, beverage, pharmaceuticals, and animal nutrition.

Related Reports:

Beta-Glucan Market by Category (Soluble, Insoluble), Source (Cereal & Grains, Mushroom, Yeast, Seaweed), Application (Food & Beverage, Dietary Supplement, Personal Care, Cosmetics, Pharmaceutical, Animal Feed), Type and Region - Global Forecast to 2029