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The global market for beta glucan is predicted to witness a positive growth in the food and beverage segment. The shifting consumer trends from fast foods to healthy consumption is invigorating the market growth of nutritious ingredients including beta glucan. Additionally, in the wake of trends surrounding veganism, the demand for plant-based nutrition is further aiding the market growth of beta glucan around the world. Beta glucan is a rich source of immunity booster and also aids in reducing bad cholesterol, owing to which it is popular among the health-conscious consumers and the geriatric populations, thereby generating robust opportunities for food and beverage manufacturers. Apart from this, beta glucan is widely used as an essential ingredient in personal care products owing to its skin smoothening and rejuvenating properties. With growing consumer preference towards cruelty free, sustainable, and natural ingredients, the market is further experiencing growth.
According to a recent study posted by GN Corporation in January 2021, a unique beta glucan (Nichi glucan), a food supplement from Japan that boost the immune system has been suggested as a potential strategy against the COVID-19 infection. Beta glucan was recognised for its potential in preventing COVID-19 complications by balancing blood sugar levels and the prevention of COVID-19 associated blood clotting problems. Such capabilities of Nichi glucan produced by AFO-202 strain of Black Yeast Aureobasidium Pullulans are augmenting the overall market growth of beta glucan. The market growth is further expected to be augmented by the expansion and developmental projects by leading market players such as Tate and Lyle PLC (LON: TATE) and Koninklijke DSM N.V. (AMS: DSM), among others.
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The major players in the global beta glucan market are Cargill, Inc., Tate and Lyle PLC, Kerry Group plc, Koninklijke DSM N.V., Merck KGaA, Lesaffre and CIE, Kemin Industries, AngelYeast Co., Ltd., and Biotec Pharmacon ASA, among others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.
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