The global demand for Beta-Carotene Market is presumed to reach the valuation of nearly USD XX MN by 2026 from USD XX MN in 2019 with a CAGR of XX% under the study period of 2020 - 2026.
Beta Carotene is the red-orange pigment from the carotenoid family obtained naturally from fruits and vegetables such as carrots, sweet potatoes, leafy vegetables, red pepper, and apricots, among many others. It function as anti-oxidants for stimulating the immune system and prevent some chronic disorders such as cancer, cardiovascular disease and AIDS. These carotenoids is used for improving cognitive function, skin health, and pulmonary function.
The market is growing against the backdrop of rising demand for plant based nutritional supplement for boosting the health and wellness. Extensive application of beta-carotene in food and beverages, cosmetic products, animal feed, and personal care products for boosting efficiency and imparting colour to the products naturally is propelling the market growth. Higher incidence of cancer and chronic diseases leading to death is contributing towards adoption of beta-carotene across various food supplements. Outbreak of COVID-19, resulting into higher demand for boosting immunity is creating new opportunity for the market growth.
The report covers Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each application/product segment in the global market of beta-carotene.
The entire beta-carotene market has been sub-categorized into source and application. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
- Fruits & Vegetables
- Food & Beverages
- Dietary Supplements
- Animal Feed
This section covers regional segmentation which accentuates on current and future demand for beta-carotene market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Global Beta-Carotene Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the beta-carotene market include DSM N.V., BASF S.E., Chr Hansen Holding A/S, Foodchem International Corporation, Flavorchem Corporation, Lycored, DD Williamson & Co., Inc., BioExtract, Nutralliance, Zhejiang Medicine Co., Ltd., Sensient Cosmetic Technologies, Parry Nutraceuticals. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
This market research report has been produced by gathering information on the basis of primary and secondary research. Secondary research has been done by using various sources which include (but not limited to) Company Websites, Paid Data Sources, Technical Journals, Financial Reports, SEC Filings, and other different industry publications.
If specific information is required which is not currently within the scope of the report, it can be provided as a part of customization.