The Middle East and Africa Beta-Glucan Market was worth USD 22.7 million in 2022 and estimated to be growing at a CAGR of 6.08%, to reach USD 30.5 million by 2028. Fungal and Cereal products are being used for a long time for medicinal and cosmetic purposes; albeit, the of Beta-glucan was not found until the 20th century. At first Beta-glucans discovered in lichens, and shortly after that, in barley. Increasing interest in oat Beta-glucan is being taken after their cholesterol lowering phenomenon was reported in 1984. Beta-glucan is a polysaccharide which is abundantly found in natural sources such as mushroom, oats, yeast, etc. The physicochemical features of beta-glucan vary depending on the properties of primary structure, degree of branching, linkage type and molecular weight.
Yeast and medicinal mushroom-derived Beta-glucans have been found to contain nutrient which have ability to modulate the immune system. Beta-glucans are further used in various cosmetic products and nutraceutical, as texturing agents, and as soluble fiber supplements, but can get complex in the process of brewing.
Increasing demand for processed and ready to eat food coupled with rising awareness about the nutritional value of functional food is expected to be the primary driver for Middle East and Africa beta-glucan Market over the given period. Changing dietary norms along with rising disposable incomes is further anticipated to drive market growth. Increasing demand for yeast specialty products is projected to have a positive impact on the Middle East and Africa beta glucan market. More advantages associated with consumption of beta glucan like enhanced immune system is a major driver in its use in health and dietary supplements. Its application as yeast additive in biodiesel blending is further projected to drive the market over the period. Shortage of raw materials such as molasses due to its increase in industrial applications and wine blending is expected to hinder beta glucan market growth up to an extent. Various applications which are currently untapped in cosmetic and medicine sector are expected to create huge opportunities for beta glucan market over the next years.
Segmentation Analysis of MEA Beta-Glucan Market:
The Middle East and Africa market for Beta-Glucan is broadly characterized on the basis of Source (Mushroom, Yeast, Seaweed, Cereal), by Application (Personal Care, Food & Beverages, Animal Feed, Pharmaceuticals) and by Category (Soluble Beta-Glucan, Insoluble Beta Glucan). Soluble fiber modulates the blood sugar levels while insoluble fiber is helps in having balanced digestion. Soluble beta-glucan is expected to lead the market in Middle East and Africa during the said forecast period. Soluble fibrous Beta-Glucan which is found in oats, works like an adhesive with cholesterol and blocks it from getting reabsorbed into the blood, and consequently bringing down the risk of heart diseases. The growing food & beverage industry is driving the growth of the functional food ingredients market in South Africa, Egypt and Israel, which as a result is influencing the growth of the regional beta-glucan market.
Key Players in the Market:
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