Beta-Glucan Market Size, Share, Global Trends and Forecast to 2028
Beta Glucan Market The Beta-Glucan Market was valued at USD 326 Million in 2020 and anticipated to grow at a robust CAGR of 7.6% over the forecast period (2021-2028). The factors driving the growth of Beta Glucan Market includes rising consciousness about the nutritional values of algae, increasing cases of chronic diseases such as cancer, heart related diseases, obesity, and diabetes. According to the report published by World Health Organization (WHO), nearly 1.5 million people around the world, died due to diabetes in 2019, currently around 463 million people are living with diabetes across the world and this figure is expected to reach 700 million by the end of 2045. Moreover, the rapid expansion of Nutraceutical and Food & Beverage industries, consumers inclination to adopt healthy lifestyles and increasing application of Beta Glucan in cosmetics and personal care products, are some of the additional factors augmenting the Beta-Glucan Market size . In addition, the incr...