Market By Category, Application, Source And Geography | Forecast 2019-2027
Latin America’s beta glucan market has been projected to grow in terms of revenue with a CAGR of 7.35% during the forecasting years between 2019 and 2027, according to a study by Triton Market Research.
The countries that have been scrutinized in Latin America’s beta glucan market are:
• Brazil
• Mexico
• Rest of Latin America
The Brazil beta glucan market is growing due to the growing needs of consumers to eat healthy foods. Beta glucan is naturally derived and known for its health benefits and helps in lowering cholesterol and decreasing the risk of cardiovascular diseases. The leading producers of beta glucan are excessively marketing their products, which will further fuel the growth of the market in the coming years. Several clinical researches have depicted that 3 gms of beta glucan per day lowers the risk of cardiovascular diseases by as much as 20%. One of the leading companies, DSM, is actively promoting the benefits of beta glucan, which is helping the market to show rapid growth in the coming years. Beta glucan is available in different forms such as flour and powder formats and is used in numerous applications like biscuits, bread and cereal, thereby helping the market to grow further.
The Mexican beta glucan market is growing rapidly, owing to the increasing consumption of functional ingredients in the dairy products segment. The increasing consumption of probiotic yogurt and functional ingredients is due to the demand from female customers in the region, which is fueling the beta glucan market in Mexico. For example, the leading companies producing probiotic yogurt, like Danone, recognize that constipation is a serious problem for Mexican females, and have targeted functional food products such as Activia towards these consumers. The increase in the number of health-conscious consumers will further boost the demand for beta glucan in the upcoming years.
The major organizations that have established their presence in the beta glucan market are Kerry Group Plc, Cargill Incorporated, Biotec Pharmacon A.S.A, Lesaffre Human Care, Garuda International Inc., Tate & Lyle Plc, Kemin Industries, Ceapro Inc., Immunomedic A.S., Millipore Sigma, DSM N.V., and Super Beta Glucan Inc.
1. LATIN
AMERICA BETA GLUCAN MARKET - SUMMARY
2. INDUSTRY
OUTLOOK
2.1. MARKET
DEFINITION
2.2. KEY
INSIGHTS
2.2.1. GROWING
DEMAND FOR COSMETICS SECTOR IN BETA GLUCAN MARKET
2.2.2. EMERGING
DEMAND FOR CEREAL-BASED BETA GLUCAN
2.3. PORTER’S
FIVE FORCE ANALYSIS
2.3.1. THREAT
OF NEW ENTRANTS
2.3.2. THREAT
OF SUBSTITUTE
2.3.3. BARGAINING
POWER OF SUPPLIERS
2.3.4. BARGAINING
POWER OF BUYERS
2.3.5. THREAT
OF COMPETITIVE RIVALRY
2.4. MARKET
ATTRACTIVENESS INDEX
2.5. VENDOR
SCORECARD
2.6. MARKET
DRIVERS
2.6.1. INCREASE
IN HEALTH-CONSCIOUS CONSUMERS
2.6.2. WIDESPREAD
APPLICATIONS OF BETA-GLUCAN IN VARIOUS FIELDS
2.6.3. LOWERED
COSTS OF RAW MATERIALS FOR BETA GLUCAN PRODUCTION
2.7. MARKET
RESTRAINTS
2.7.1. SCARCITY
OF MOLASSES
2.7.2. STERN
REGULATIONS IMPOSED ON APPLICATIONS OF BETA GLUCAN
2.8. MARKET
OPPORTUNITIES
2.8.1. GROWING
DEMAND FOR FUNCTIONAL FOOD IN BETA GLUCAN MARKET
2.9. MARKET
CHALLENGES
2.9.1. SOARING
COST FOR EXTRACTION OF BETA GLUCAN
3. LATIN
AMERICA BETA GLUCAN MARKET OUTLOOK - BY CATEGORY
3.1. INSOLUBLE
BETA GLUCANS
3.2. SOLUBLE
BETA GLUCANS
4. LATIN
AMERICA BETA GLUCAN MARKET OUTLOOK - BY APPLICATION
4.1. FOOD
& BEVERAGE
4.1.1. BAKERY
PRODUCTS
4.1.2. DAIRY
PRODUCTS
4.1.3. OTHER
FOOD & BEVERAGES
4.2. HEALTH
& DIETARY SUPPLEMENTS
4.3. COSMETICS
4.4. OTHER
APPLICATIONS
5. LATIN
AMERICA BETA GLUCAN MARKET OUTLOOK - BY SOURCE
5.1. CEREAL
5.1.1. OATS
5.1.2. BARLEY
5.1.3. OTHER
CEREALS
5.2. YEAST
5.3. BACTERIA
5.4. FUNGUS
5.5. ALGAE
6. LATIN
AMERICA BETA GLUCAN MARKET - REGIONAL OUTLOOK
6.1. LATIN
AMERICA
6.1.1. BRAZIL
6.1.2. MEXICO
6.1.3. REST
OF LATIN AMERICA
7. COMPETITIVE
LANDSCAPE
7.1. KERRY
GROUP PLC
7.2. CARGILL,
INCORPORATED
7.3. BIOTEC
PHARMACON A.S.A.
7.4. CEAPRO,
INC.
7.5. IMMUNOMEDICS
A.S.
7.6. SUPER
BETA GLUCAN, INC.
7.7. DSM
N.V.
7.8. TATE
AND KYLE PLC
7.9. KEMIN
INDUSTRIES
7.10. LESAFFRE
HUMAN CARE
7.11. GARUDA
INTERNATIONAL, INC.
7.12. MILLIPORE
SIGMA
8. METHODOLOGY
& SCOPE
8.1. RESEARCH
SCOPE
8.2. SOURCES
OF DATA
8.3. RESEARCH
METHODOLOGY
TABLE 1. LATIN AMERICA
BETA GLUCAN MARKET, BY COUNTRY, 2019-2027 (IN $ MILLION)
TABLE 2. MARKET
ATTRACTIVENESS INDEX
TABLE 3. VENDOR
SCORECARD
TABLE 4. LATIN AMERICA
BETA GLUCAN MARKET, BY CATEGORY, 2019-2027 (IN $ MILLION)
TABLE 5. LATIN AMERICA
BETA GLUCAN MARKET, BY APPLICATION, 2019-2027 (IN $ MILLION)
TABLE 6. LATIN AMERICA
BETA GLUCAN MARKET, BY SOURCE, 2019-2027 (IN $ MILLION)
TABLE 7. LATIN AMERICA
BETA GLUCAN MARKET, BY COUNTRY, 2019-2027 (IN $ MILLION)
FIGURE 1. PORTER’S FIVE
FORCE ANALYSIS
FIGURE 2. LATIN AMERICA
BETA GLUCAN MARKET, BY INSOLUBLE BETA GLUCANS, 2019-2027 (IN $ MILLION)
FIGURE 3. LATIN AMERICA
BETA GLUCAN MARKET, BY SOLUBLE BETA GLUCANS, 2019-2027 (IN $ MILLION)
FIGURE 4. LATIN AMERICA
BETA GLUCAN MARKET, BY FOOD & BEVERAGE, 2019-2027 (IN $ MILLION)
FIGURE 5. LATIN AMERICA
BETA GLUCAN MARKET, BY BAKERY PRODUCTS, 2019-2027 (IN $ MILLION)
FIGURE 6. LATIN AMERICA
BETA GLUCAN MARKET, BY DAIRY PRODUCTS, 2019-2027 (IN $ MILLION)
FIGURE 7. LATIN AMERICA
BETA GLUCAN MARKET, BY OTHER FOOD & BEVERAGES, 2019-2027 (IN $ MILLION)
FIGURE 8. LATIN AMERICA
BETA GLUCAN MARKET, BY HEALTH & DIETARY SUPPLEMENTS, 2019-2027 (IN $
MILLION)
FIGURE 9. LATIN AMERICA
BETA GLUCAN MARKET, BY COSMETICS, 2019-2027 (IN $ MILLION)
FIGURE 10. LATIN
AMERICA BETA GLUCAN MARKET, BY OTHER APPLICATIONS, 2019-2027 (IN $ MILLION)
FIGURE 11. LATIN
AMERICA BETA GLUCAN MARKET, BY CEREAL, 2019-2027 (IN $ MILLION)
FIGURE 12. LATIN
AMERICA BETA GLUCAN MARKET, BY OATS, 2019-2027 (IN $ MILLION)
FIGURE 13. LATIN
AMERICA BETA GLUCAN MARKET, BY BARLEY, 2019-2027 (IN $ MILLION)
FIGURE 14. LATIN
AMERICA BETA GLUCAN MARKET, BY OTHER CEREALS, 2019-2027 (IN $ MILLION)
FIGURE 15. LATIN
AMERICA BETA GLUCAN MARKET, BY YEAST, 2019-2027 (IN $ MILLION)
FIGURE 16. LATIN
AMERICA BETA GLUCAN MARKET, BY BACTERIA, 2019-2027 (IN $ MILLION)
FIGURE 17. LATIN
AMERICA BETA GLUCAN MARKET, BY FUNGUS, 2019-2027 (IN $ MILLION)
FIGURE 18. LATIN
AMERICA BETA GLUCAN MARKET, BY ALGAE, 2019-2027 (IN $ MILLION)
FIGURE 19. LATIN
AMERICA BETA GLUCAN MARKET, REGIONAL OUTLOOK, 2018 & 2027 (IN %)
FIGURE 20. BRAZIL BETA
GLUCAN MARKET, 2019-2027 (IN $ MILLION)
FIGURE 21. MEXICO BETA
GLUCAN MARKET, 2019-2027 (IN $ MILLION)
FIGURE 22. REST OF
LATIN AMERICA BETA GLUCAN MARKET, 2019-2027 (IN $ MILLION)