According to the research report titled ‘Global Beta Glucan Market Size By Extract, By Application, By Purity, Industry Analysis Report, Country Outlook Application Potential, Price Trends, Competitive Market Share & Forecast, 2020 – 2026’, available with Market Study Report, global beta glucan market is expected to register unprecedented growth during 2020-2026.
 

Rising adoption of high quality animal feed coupled with evolving dietary needs are some of the key factors augmenting the growth of global beta glucan market. For those unfamiliar, beta-glucans are sugars which are naturally found in cell walls of plants, yeasts, lichens, algae, bacteria, and fungi. Beta-glucans are lately being widely adopted in the pharmaceutical sector, which in turn is further aiding the overall market expansion.
 

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In terms of extract type, the report states that insoluble form of cereals had reached a valuation of USD 42.3 million in 2019 and is expected to grow with a CAGR of 0.3% during the study period, subsequently accounting for USD 73.1 million by the year 2026.
 

The cereal extract segmental share from food & beverage applications was appraised at USD 46.47 million and is anticipated to register a y-o-y growth rate of 7% through 2026, reaching USD 73.65 million by the end of the study period.
 

Meanwhile, cosmetic applications segment is predicted to expand with a CAGR of 7.2% during 2020-2026, accounting for USD 30.32 million by 2026. Meanwhile, the segmental share from poultry and aquaculture applications is expected to grow with 5.9% CAGR and 6% CAGR respectively over the period of 2020-2026.
 

According to the report, 30-50% pure cereals are likely to showcase 6.6% CAGR, while the 70% purity segment is estimated to grow at 6.9% CAGR between 2020 and 2026.
 

Further elaborating on the extract type, soluble form of yeast is expected to grow with a CAGR of 7.3% through 2026. Moreover, cosmetic applications of yeast had reached a valuation of USD 16.14 million and is predicted to reach USD 26.50 million, expanding at a CAGR of 7.5% through 2026.
 

The yeast segment size from swine as well as from aquaculture applications is reckoned to record 6.3% CAGR during the analysis timeframe.
 

As per authentic predictions, soluble form of mushrooms is predicted to record 7% CAGR during 2020-2026. Likewise, the mushrooms segmental share from aquaculture and cosmetic applications is also set to record a y-o-y growth rate of 7% between 2020 and 2026.
 

Moving on to seaweed extracts, the soluble form segment is expected to register 5.5% CAGR during the study period. Meanwhile, the seaweed segmental size from poultry applications is anticipated to experience considerable growth in the ensuing years, primarily due to widespread consumption of eggs and poultry food products.
 

Estimates cite that 50-70% pure seaweed is calculated to expand at a CAGR of 6.3%, while the 90% purity segment is predicted to grow at 5.9% over the duration of 2020-2026.
 

Regionally, beta glucan market size in Latin America is reckoned to witness a y-o-y growth rate of 6.1% during the study period, consequently accounting for USD 34.49 million by the year 2026.
 

On the other hand, Middle East & Africa beta glucan industry is estimated to generate revenues worth USD 26.25 million, recording a CAGR of 5.2% through 2026.
 

The prominent companies operating in global beta glucan market are GlycaNova, Alltech Life Sciences, Specialty Biotech Co. Ltd., MilliporeSigma, Frutarom Industries Ltd., Garuda International Inc., Tate & Lyle plc, Immunomedics, Ceapro Inc., Ohly GmbH, Super Beta Glucan Inc., Biorigin, Agro Ingrédients Technology SAS, Angel Yeast Co. Ltd., Lesaffre International Corp., Koninklijke DSM N.V., Kerry Group, and Cargill Inc. among others.