Market By Category, Application, Source And Geography | Forecast 2019-2027
According to Triton, the North America beta glucan market is anticipated to grow with a CAGR of 7.96% in the forecasted years between 2019 and 2027.
The countries that have been included in the North America beta glucan market are:
• The United States
• Canada
The United States beta glucan market is mainly driven by the initiatives taken by several organizations to curb the increasing prevalence of chronic diseases like cancer, which are termed to be high in the country. Kemin Industries, an Iowa-based company, acquired Algal Scientific organization beta glucan technology in 2017. The Algal Scientific Organization develops products for human and animal nutrition that relies on an algae production system. The organization’s microalgae-derived beta glucan is said to support and impact the immune health of animals. The increasing strategic initiatives by companies for the research on algae beta glucans are expected to boost the beta glucan market in the forecasted period. According to the National Cancer Institute, an estimated 1,685,210 new cases of cancer were diagnosed in the United States and around 5, 95,690 individuals would die from the impact of cancer. According to the institute, the most common cancers prevalent in the country mainly include prostate cancer, bladder cancer, melanoma of the skin, thyroid cancer and pancreatic cancer which are further expanding the growth of the beta glucan market in the country. An additional factor that drives the market growth is that the United States has a rising obese population, as the consumption of products containing ?-glucan decreases the risk of cardiovascular diseases that occur through obesity.
Canada’s market for beta glucan is gradually growing, owing to the increasing demand of beta glucans in recent years which is driving the beta glucan market 2019-2027. The benefits of beta glucan have been studied in universities, medical schools and other institutes. Although the expensive nature of beta glucan supplements challenged the market in the past years, the growing population with their rising cholesterol levels have led to the increased consumption of beta glucan through different sources like oats and barley, along with other sources. The approval by Health Canada to consume beta glucan further boosted the demand for beta glucan in the Canadian market. The increasing usage of beta glucan in processed foods will also help the market to grow in the coming years.
The preeminent companies in the 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.
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VIEW REPORT1. NORTH
AMERICA BETA GLUCAN MARKET - SUMMARY
2. INDUSTRY
OUTLOOK
2.1. MARKET
DEFINITION
2.2. KEY
INSIGHTS
2.2.1. NORTH
AMERICA LEADS THE BETA GLUCAN MARKET
2.2.2. GROWING
DEMAND FOR COSMETICS SECTOR IN BETA GLUCAN MARKET
2.2.3. EMERGING
DEMAND FOR CEREAL-BASED BETA GLUCANS
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. NORTH
AMERICA BETA GLUCAN MARKET OUTLOOK - BY CATEGORY
3.1. INSOLUBLE
BETA GLUCANS
3.2. SOLUBLE
BETA GLUCANS
4. NORTH
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. NORTH
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. NORTH
AMERICA BETA GLUCAN MARKET - REGIONAL OUTLOOK
6.1. UNITED
STATES
6.2. CANADA
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. NORTH AMERICA
BETA GLUCAN MARKET, BY COUNTRY, 2019-2027 (IN $ MILLION)
TABLE 2. MARKET
ATTRACTIVENESS INDEX
TABLE 3. VENDOR
SCORECARD
TABLE 4. NORTH AMERICA
BETA GLUCAN MARKET, BY CATEGORY, 2019-2027 (IN $ MILLION)
TABLE 5. NORTH AMERICA
BETA GLUCAN MARKET, BY APPLICATION, 2019-2027 (IN $ MILLION)
TABLE 6. NORTH AMERICA
BETA GLUCAN MARKET, BY SOURCE, 2019-2027 (IN $ MILLION)
TABLE 7. NORTH AMERICA
BETA GLUCAN MARKET, BY COUNTRY, 2019-2027 (IN $ MILLION)
FIGURE 1. PORTER’S FIVE
FORCE ANALYSIS
FIGURE 2. NORTH AMERICA
BETA GLUCAN MARKET, BY INSOLUBLE BETA GLUCANS, 2019-2027 (IN $ MILLION)
FIGURE 3. NORTH AMERICA
BETA GLUCAN MARKET, BY SOLUBLE BETA GLUCANS, 2019-2027 (IN $ MILLION)
FIGURE 4. NORTH AMERICA
BETA GLUCAN MARKET, BY FOOD & BEVERAGE, 2019-2027 (IN $ MILLION)
FIGURE 5. NORTH AMERICA
BETA GLUCAN MARKET, BY BAKERY PRODUCTS, 2019-2027 (IN $ MILLION)
FIGURE 6. NORTH AMERICA
BETA GLUCAN MARKET, BY DAIRY PRODUCTS, 2019-2027 (IN $ MILLION)
FIGURE 7. NORTH AMERICA
BETA GLUCAN MARKET, BY OTHER FOOD & BEVERAGES, 2019-2027 (IN $ MILLION)
FIGURE 8. NORTH AMERICA
BETA GLUCAN MARKET, BY HEALTH & DIETARY SUPPLEMENTS, 2019-2027 (IN $
MILLION)
FIGURE 9. NORTH AMERICA
BETA GLUCAN MARKET, BY COSMETICS, 2019-2027 (IN $ MILLION)
FIGURE 10. NORTH
AMERICA BETA GLUCAN MARKET, BY OTHER APPLICATIONS, 2019-2027 (IN $ MILLION)
FIGURE 11. NORTH
AMERICA BETA GLUCAN MARKET, BY CEREAL, 2019-2027 (IN $ MILLION)
FIGURE 12. NORTH
AMERICA BETA GLUCAN MARKET, BY OATS, 2019-2027 (IN $ MILLION)
FIGURE 13. NORTH
AMERICA BETA GLUCAN MARKET, BY BARLEY, 2019-2027 (IN $ MILLION)
FIGURE 14. NORTH
AMERICA BETA GLUCAN MARKET, BY OTHER CEREALS, 2019-2027 (IN $ MILLION)
FIGURE 15. NORTH
AMERICA BETA GLUCAN MARKET, BY YEAST, 2019-2027 (IN $ MILLION)
FIGURE 16. NORTH
AMERICA BETA GLUCAN MARKET, BY BACTERIA, 2019-2027 (IN $ MILLION)
FIGURE 17. NORTH
AMERICA BETA GLUCAN MARKET, BY FUNGUS, 2019-2027 (IN $ MILLION)
FIGURE 18. NORTH
AMERICA BETA GLUCAN MARKET, BY ALGAE, 2019-2027 (IN $ MILLION)
FIGURE 19. NORTH AMERICA
BETA GLUCAN MARKET, REGIONAL OUTLOOK, 2018 & 2027 (IN %)
FIGURE 20. UNITED
STATES BETA GLUCAN MARKET, 2019-2027 (IN $ MILLION)
FIGURE 21. CANADA BETA
GLUCAN MARKET, 2019-2027 (IN $ MILLION)