The beta-glucan market is estimated at USD 501 million in 2023 and is projected to reach USD 734 million by 2028, at a CAGR of 7.9% from 2023 to 2028. Rising consumer awareness of the health benefits of clean-label products and beverages will also contribute to market growth. The increasing use of beta-glucan in a variety of industries, including packaged foods, pharmaceuticals, baked goods, dairy, meat, convenience food, frozen desserts, margarine, and cosmetics, will also drive market growth.
Major manufacturers in this market are based in North America and Europe. Tate & Lyle PLC (England), Kerry Group PLC (Ireland), Koninklijke DSM NV (Netherlands), International Flavors & Fragrances INC. (US), Merck (US), Lesaffre Human Care (France), Kemin Industries (US), Angel Yeast Co. Ltd (China), Lallemand (Canada), Ohly GmbH (Germany), Biorigin – Zilor (Brazil), Ceapro Inc. (Canada), are among a few leading players operating in the beta-glucan market. These players have adopted various growth strategies to strengthen their position in the market. These include product launches, contracts, partnerships, mergers and acquisitions, and new product development activities further to expand their presence in the beta-glucan market.
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Tate & Lyle PLC
Tate & Lyle PLC is one of the leading providers of quality ingredients and solutions in the food and beverage, pharmaceutical, industrial ingredient, and personal care industries. The company operates through two global divisions: specialty food ingredients and bulk ingredients. Tate & Lyle PLC offers beta-glucan products under specialty food ingredients for application in nutritional supplements and the bulk ingredients segment for application in personal care.
The company has a strong foothold in the US and the countries of Europe, with a presence in Latin America and the Asia Pacific. It operates globally through its subsidiaries, such as Tate & Lyle Argentina SA, Tate & Lyle Sweden AB, Tate & Lyle Brasil do SA, Tate & Lyle Chile Commercial Ltd, Tate & Lyle Trading (Shanghai) Ltd. (China), Tate & Lyle Italia Spa, Tate & Lyle Netherlands BV, and Tate & Lyle Ingredients Americas, LLC (US). In June 2020, Tate & Lyle PLC and Solevo, a leading distributor of chemicals and inputs for specific industrial and agricultural segments in Africa, announced a new distribution partnership. Solevo has become the exclusive distributor of Tate & Lyle’s ingredients in West African countries, including the Ivory Coast, Senegal, and Cameroon. This partnership comes from the companies’ shared ambition to offer innovative solutions in the African continent and provide local consumers with access to high-quality food and beverage ingredients, including low-calorie sweeteners and health and wellness ingredients, such as soluble fiber, texturants, stabilizers, and acidulants.
Kerry Group PLC
Kerry Group PLC provides ingredients and flavor technologies to the pharmaceutical and food and beverage industries. The company offers products containing beta-glucan through its Wellmune brand. Kerry Group operates in more than 140 countries and has a strong presence in Europe and North America, with a growing presence in the Asia Pacific and parts of Africa. It has 132 manufacturing plants and operating units in 26 countries. The key subsidiaries of the company are Kerry Polska Sp. z.o.o.(Poland), Red Arrow International LLC (US), DaVinci Gourmet Ltd, Kerry Food Ingredients (Hangzhou) Company Limited (China), Kerry Ingredients & Flavours Colombia SAS (Colombia), and Kerry Ingredients South Africa (Pty) Limited (South Africa). The company invests heavily in the R&D of its products and technologies. To support its R&D activities, the company has a Global Technology & Innovation Centre, based in Naas, Ireland, which is backed by Regional Development & Application Centers.
Koninklijke DSM NV
Koninklijke DSM NV, also known as Royal DSM, is a global science-based company engaged in health, nutrition, life sciences, and materials business. The company operates through four segments: nutrition, materials, innovation center, and corporate activities. Its nutrition segment includes DSM Nutritional Products and DSM Food Specialties. The nutrition segment of the company caters to different end-use industries, such as food, feed, and pharmaceuticals. Through its nutrition segment, the company offers its beta-glucan products for dietary supplements and the food industry.
The company has its operations in Asia, Australia, Africa, the Netherlands, Switzerland, the Americas, and Europe. It has an extensive portfolio of nutritional ingredients in diversified end markets. The key competitors of the company are BASF SE (Germany), BAYER AG (Germany), and the Dow Chemical Company (US). DSM in January 2022 announced the launch of an integrated Food & Beverage operating structure which unifies three areas of DSM’s nutrition business – Food Specialties, Hydrocolloids, and part of its Nutritional Products Group. The new Food & Beverage organization will focus on helping consumers choose between taste, texture, and health. It will also help the company to become a fully focused Health, Nutrition & Bioscience firm and support the company’s announcement in September 2021.
International Flavors & Fragrances
International Flavors & Fragrances is a result of an Acquisition that happened in May 2021 between IFF (US) and Frutarom (Israel). The combined company continues to operate under the name IFF. International Flavors & Fragrances (IFF) is an American corporation that produces flavors, fragrances, and cosmetic actives, which it markets globally. The company operates through its major business segments: Nourish, Health and Biosciences, Scent, and Pharma Solutions. Through Frutarom its products serve industries such as food, beverage, functional food, flavor, fragrance, pharmaceutical, nutraceutical, and cosmetics. The company operates through two divisions: The flavors division and the fine ingredients division. The company offers beta-glucan through its Select Line portfolio.
Since its inception, the company has a strong focus on research and development and invests a significant amount in R&D activities every year. Through its numerous subsidiaries, IFF has significantly marked its presence in more than 200 countries across Europe, North America, Latin America, Asia Pacific, the Middle East, and Africa regions. In May 2018, International Flavors & Fragrances (US) Acquired the taste and nutrition business of Frutarom (Israel). The company will operate under the name International Flavors & Fragrances. This acquisition helped the company gain market share globally and become one of the global industry leaders in the nutrition and biosciences segment.
Merck operates in the life sciences sector and offers a broad range of products related to the biotech/biopharma field. The company provides biochemical and organic chemical products, kits, and services that are used for genomic and proteomic research, biotechnology, and pharmaceutical development, and as vital components in pharmaceutical, diagnostics, and high technology manufacturing. The company holds global rights to the Merck name and brand. The only exceptions are Canada and the United States. In these countries, the company operates as EMD Serono in the healthcare business, as MilliporeSigma in the life science business, and as EMD Electronics in the electronics business. The company operates in product areas, such as analytical/chromatography equipment, biological reagents, chemicals, lab wares, and nanomaterials. It offers beta-glucan through its biological reagents and analytical reagent segments. Merck has 65 manufacturing sites worldwide and offices in 66 countries.
Merck came into existence after Sigma-Aldrich merged with END Millipore in late 2015. Merck KGaA (Germany) is the parent company of Sigma-Aldrich. In December 2020, Merck announced the broadening of its manufacturing footprint with a combined Euro 40 million investment at its production facilities in Danvers, Massachusetts, and Jaffrey, New Hampshire, US. These sites supply critical products to customers developing lifesaving therapies, including Covid-19 vaccines, as well as provide products and services for biopharmaceutical manufacturing.
Beta-Glucan Market by Source (Cereal, Mushroom, Yeast and Seaweed), Application (Food & Beverage, Personal Care, Pharmaceutical, Dietary Supplement, Animal Feed), and Region (North America, Europe, APAC, Latin America and RoW) - Global Forecast to 2028
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