MIDDLE EAST AND AFRICA BETA GLUCAN MARKET 2019-2027

Consumer Goods & Services | Food & Beverages

MIDDLE EAST AND AFRICA BETA GLUCAN MARKET 2019-2027

Market By Category, Application, Source And Geography | Forecast 2019-2027

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Triton's report on the Middle East and Africa’s beta glucan market concludes that the market is expected to depict growth with a CAGR of 7.41% in the forecast period from 2019-2027.

The countries that have been analyzed in the Middle East and Africa beta glucan market are:

•           The United Arab Emirates

•           Turkey

•           Saudi Arabia

•           South Africa

•           Rest of the Middle East & Africa

The increasing interest of consumers towards healthier options is benefiting the beta glucan market in the UAE. The retail sales of the products are largely helping the UAE market as the key players in the region are constantly launching new products to differentiate them, in order to drive the country’s beta glucan market. Additionally, the growing incidences of obesity are driving the consumers to adopt healthier food options in the forecasted period. The growing affluent nature, coupled with the willingness to pay for healthier options, are the major drivers for the beta glucan market. The demand for natural foods with lower cholesterol levels is one of the key factors which is boosting the demand for beta glucans in the UAE.

Moreover, beta glucan is used as an additive, flavor enhancer and fat cutter; thus, the various uses of beta glucan are driving the growth of the market in the upcoming years. The UAE is one of the major manufacturing hubs which makes it one of the major producers of healthier food options, coupled with differentiation in the products which is further helping the market to grow in the coming years. The rising applications of beta glucans in functional foods are further boosting the demand for this market.

The Turkish beta glucan market is growing at a faster rate, owing to the rising need for healthier food supplements and increasing usage of dairy products in the region. The advent of functional foods has increased in recent years, owing to the growing demand from the urban class, which is increasing the production capabilities to produce beta glucan-based products. The region has got a slow start due to the stringent food patterns, which mainly include the consumption of dairy products. The lack of awareness of functional ingredients like beta glucan is a challenge to the market. The dairy products segment is a huge market opportunity for companies to invest and manufacture diary-based beta glucan products which can help the beta glucan market to grow further in the coming years.

The competitive players in the market are Kerry Group Plc, Cargill Incorporated, Biotec Pharmacon A.S.A, Lesaffre Human Care, Garuda International Inc., Tate & Lyle Plc, Kemin Industries,  Ceapro Inc., Immunomedic A.S., Millipore Sigma, DSM N.V., and Super Beta Glucan Inc.

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Table of Content

1.    MIDDLE EAST AND AFRICA BETA GLUCAN MARKET - SUMMARY

2.    INDUSTRY OUTLOOK

2.1. MARKET DEFINITION

2.2. KEY INSIGHTS

2.2.1.   GROWING DEMAND FOR COSMETICS SECTOR IN BETA GLUCAN MARKET

2.2.2.   EMERGING DEMAND FOR CEREAL-BASED BETA GLUCAN

2.3. PORTER’S FIVE FORCE ANALYSIS

2.3.1.   THREAT OF NEW ENTRANTS

2.3.2.   THREAT OF SUBSTITUTE

2.3.3.   BARGAINING POWER OF SUPPLIERS

2.3.4.   BARGAINING POWER OF BUYERS

2.3.5.   THREAT OF COMPETITIVE RIVALRY

2.4. MARKET ATTRACTIVENESS INDEX

2.5. VENDOR SCORECARD

2.6. MARKET DRIVERS

2.6.1.   INCREASE IN HEALTH-CONSCIOUS CONSUMERS

2.6.2.   WIDESPREAD APPLICATIONS OF BETA-GLUCAN IN VARIOUS FIELDS

2.6.3.   LOWERED COSTS OF RAW MATERIALS FOR BETA GLUCAN PRODUCTION

2.7. MARKET RESTRAINTS

2.7.1.   SCARCITY OF MOLASSES

2.7.2.   STERN REGULATIONS IMPOSED ON APPLICATIONS OF BETA GLUCAN

2.8. MARKET OPPORTUNITIES

2.8.1.   GROWING DEMAND FOR FUNCTIONAL FOOD IN BETA GLUCAN MARKET

2.9. MARKET CHALLENGES

2.9.1.   SOARING COST FOR EXTRACTION OF BETA GLUCAN

3.    MIDDLE EAST AND AFRICA BETA GLUCAN MARKET OUTLOOK - BY CATEGORY

3.1. INSOLUBLE BETA GLUCANS

3.2. SOLUBLE BETA GLUCANS

4.    MIDDLE EAST AND AFRICA BETA GLUCAN MARKET OUTLOOK - BY APPLICATION

4.1. FOOD & BEVERAGE

4.1.1.   BAKERY PRODUCTS

4.1.2.   DAIRY PRODUCTS

4.1.3.   OTHER FOOD & BEVERAGES

4.2. HEALTH & DIETARY SUPPLEMENTS

4.3. COSMETICS

4.4. OTHER APPLICATIONS

5.    MIDDLE EAST AND AFRICA BETA GLUCAN MARKET OUTLOOK - BY SOURCE

5.1. CEREAL

5.1.1.   OATS

5.1.2.   BARLEY

5.1.3.   OTHER CEREALS

5.2. YEAST

5.3. BACTERIA

5.4. FUNGUS

5.5. ALGAE

6.    MIDDLE EAST AND AFRICA BETA GLUCAN MARKET - REGIONAL OUTLOOK

6.1. MIDDLE EAST AND AFRICA

6.1.1.   UNITED ARAB EMIRATES

6.1.2.   TURKEY

6.1.3.   SAUDI ARABIA

6.1.4.   SOUTH AFRICA

6.1.5.   REST OF MIDDLE EAST & AFRICA

7.    COMPETITIVE LANDSCAPE

7.1. KERRY GROUP PLC

7.2. CARGILL, INCORPORATED

7.3. BIOTEC PHARMACON A.S.A.

7.4. CEAPRO, INC.

7.5. IMMUNOMEDICS A.S.

7.6. SUPER BETA GLUCAN, INC.

7.7. DSM N.V.

7.8. TATE AND KYLE PLC

7.9. KEMIN INDUSTRIES

7.10. LESAFFRE HUMAN CARE

7.11. GARUDA INTERNATIONAL, INC.

7.12. MILLIPORE SIGMA

8.    METHODOLOGY & SCOPE

8.1. RESEARCH SCOPE

8.2. SOURCES OF DATA

8.3. RESEARCH METHODOLOGY

List of table

TABLE 1. MIDDLE EAST AND AFRICA BETA GLUCAN MARKET, BY COUNTRY, 2019-2027 (IN $ MILLION)

TABLE 2. MARKET ATTRACTIVENESS INDEX

TABLE 3. VENDOR SCORECARD

TABLE 4. MIDDLE EAST AND AFRICA BETA GLUCAN MARKET, BY CATEGORY, 2019-2027 (IN $ MILLION)

TABLE 5. MIDDLE EAST AND AFRICA BETA GLUCAN MARKET, BY APPLICATION, 2019-2027 (IN $ MILLION)

TABLE 6. MIDDLE EAST AND AFRICA BETA GLUCAN MARKET, BY SOURCE, 2019-2027 (IN $ MILLION)

TABLE 7. MIDDLE EAST AND AFRICA BETA GLUCAN MARKET, BY COUNTRY, 2019-2027 (IN $ MILLION)

List of Figures

FIGURE 1. PORTER’S FIVE FORCE ANALYSIS

FIGURE 2. MIDDLE EAST AND AFRICA BETA GLUCAN MARKET, BY INSOLUBLE BETA GLUCANS, 2019-2027 (IN $ MILLION)

FIGURE 3. MIDDLE EAST AND AFRICA BETA GLUCAN MARKET, BY SOLUBLE BETA GLUCANS, 2019-2027 (IN $ MILLION)

FIGURE 4. MIDDLE EAST AND AFRICA BETA GLUCAN MARKET, BY FOOD & BEVERAGE, 2019-2027 (IN $ MILLION)

FIGURE 5. MIDDLE EAST AND AFRICA BETA GLUCAN MARKET, BY BAKERY PRODUCTS, 2019-2027 (IN $ MILLION)

FIGURE 6. MIDDLE EAST AND AFRICA BETA GLUCAN MARKET, BY DAIRY PRODUCTS, 2019-2027 (IN $ MILLION)

FIGURE 7. MIDDLE EAST AND AFRICA BETA GLUCAN MARKET, BY OTHER FOOD & BEVERAGES, 2019-2027 (IN $ MILLION)

FIGURE 8. MIDDLE EAST AND AFRICA BETA GLUCAN MARKET, BY HEALTH & DIETARY SUPPLEMENTS, 2019-2027 (IN $ MILLION)

FIGURE 9. MIDDLE EAST AND AFRICA BETA GLUCAN MARKET, BY COSMETICS, 2019-2027 (IN $ MILLION)

FIGURE 10. MIDDLE EAST AND AFRICA BETA GLUCAN MARKET, BY OTHER APPLICATIONS, 2019-2027 (IN $ MILLION)

FIGURE 11. MIDDLE EAST AND AFRICA BETA GLUCAN MARKET, BY CEREAL, 2019-2027 (IN $ MILLION)

FIGURE 12. MIDDLE EAST AND AFRICA BETA GLUCAN MARKET, BY OATS, 2019-2027 (IN $ MILLION)

FIGURE 13. MIDDLE EAST AND AFRICA BETA GLUCAN MARKET, BY BARLEY, 2019-2027 (IN $ MILLION)

FIGURE 14. MIDDLE EAST AND AFRICA BETA GLUCAN MARKET, BY OTHER CEREALS, 2019-2027 (IN $ MILLION)

FIGURE 15. MIDDLE EAST AND AFRICA BETA GLUCAN MARKET, BY YEAST, 2019-2027 (IN $ MILLION)

FIGURE 16. MIDDLE EAST AND AFRICA BETA GLUCAN MARKET, BY BACTERIA, 2019-2027 (IN $ MILLION)

FIGURE 17. MIDDLE EAST AND AFRICA BETA GLUCAN MARKET, BY FUNGUS, 2019-2027 (IN $ MILLION)

FIGURE 18. MIDDLE EAST AND AFRICA BETA GLUCAN MARKET, BY ALGAE, 2019-2027 (IN $ MILLION)

FIGURE 19. MIDDLE EAST AND AFRICA BETA GLUCAN MARKET, REGIONAL OUTLOOK, 2018 & 2027 (IN %)

FIGURE 20. UNITED ARAB EMIRATES BETA GLUCAN MARKET, 2019-2027 (IN $ MILLION)

FIGURE 21. TURKEY BETA GLUCAN MARKET, 2019-2027 (IN $ MILLION)

FIGURE 22. SAUDI ARABIA BETA GLUCAN MARKET, 2019-2027 (IN $ MILLION)

FIGURE 23. SOUTH AFRICA BETA GLUCAN MARKET, 2019-2027 (IN $ MILLION)

FIGURE 24. REST OF MIDDLE EAST & AFRICA BETA GLUCAN MARKET, 2019-2027 (IN $ MILLION)

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