Market overview:

Beta-Glucan Market has been valued $ 313.90 million in the year 2019 and it is estimated to reach $560.65 million by the year 2026, with a CAGR of 7.6% from 2021 to 2026. Beta-glucans are most commonly known’s as a sugars which are found in the cell walls of bacteria, fungi, yeasts, algae, lichens, and plants, such as oats and barley. These Beta-glucans are used as medicine. Beta-glucans are most commonly used for heart disease and high cholesterol and also many diseases like improve skin conditions such as eczema, bedsores, wounds and radiation therapy burns. Beta-glucans are a source of soluble fibber, these are the main factors that have considerably increased the demand for the Beta-Glucan, and thereby these are the factors that are driving for the huge growth of the Beta-Glucan market in the upcoming years.

Market Drivers and Restraints:

The main factors that have considerably increased the demand for the Beta-Glucan is mainly due to the Growing the concern about health among the consumers and increasing the preference for process-free and natural food, there are various advantages and health benefits of beta glucan such as they can help in various health conditions such as asthma, allergies, diabetes. Growing pharmaceutical and neutraceutical across the globe are boosting the growth of the Beta Glucan Market, advancement in the technologies used for manufacturing processes such as use of multiple sources, these are the main factors that have considerably increased the demand for the Beta-Glucan, and thereby these are the factors that are driving for the huge growth of the Beta-Glucan market in the upcoming years

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https://www.marketdataforecast.com/market-reports/beta-glucan-market

Report is segmented as:

Beta-Glucan Market is segmented on the basis of by source, on the basis of by application, on the basis of by category:

Beta-Glucan Market is segmented on the basis of by source into Cereal, Mushroom, Yeast, Seaweed
Beta-Glucan Market is segmented on the basis of by application into Food & Beverages, Personal Care, Pharmaceuticals, Animal Feed
Beta-Glucan Market is segmented on the basis of by category into Soluble, Insoluble
Geographical Segmentation:

Beta-Glucan Market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa and rest of world. Asia Pacific has the dominant share in the Beta-Glucan in the year 2019 due to the increasing demand from consumers, owing to the changing lifestyles of customers in the Asia-Pacific region, followed by Europe, North America, Latin America and Middle East & Africa will register a slower increase in the Beta-Glucan Market

Impact of COVID-19 on Market

Covid -19 pandemic has affected every industry, and the long-term consequences are projected to influence the Beta-Glucan boom for the duration of the forecast period. Covid-19 pandemic has impacted large on the income of Beta-Glucan market. COVID-19 has adversely affected the Fruit and Vegetable Juice market. The restrictions and lockdown imposed by means of the authorities in quite a few international locations has gradual down the market and reduce the Beta-Glucan. In recent days relaxation in restrictions by the government and people are getting vaccinated to stop the spread of corona virus are expecting to raise the Beta-Glucan market growth.

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