The global demand for Black Carrot Juice Concentrate 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.
Black Carrot Juice Concentrate is produced from black carrots (Daucus carota L.) by mechanical extraction techniques followed by some purifications and pasteurization. Its color comes from anthocyanins, which lend bright pinkish-red to violet-blue hues depending on the pH value. This product has great light stability and good heat stability. Black carrot juice concentrate finds its applications in soft drinks, bakery, fruit preparations, ice cream, energy drinks, dairy, toppings, yogurt, jellies, confectionery, jams, and candy.
Black carrots are a rich source of natural food coloring that originate from Turkey and other countries of the Middle East and Asia. The nutrients in black carrot extract that give them their color are anthocyanins, which have several health benefits, such as the potential for treating neurological dysfunctions like Alzheimer’s disease. They can also be useful in treating cancer. Hence, it drives market growth. Apart from this, the rising demand for energy drinks and soft drinks among youth across the globe boosts the market growth. Growth of confectionary products such as jellies, jams, candy, etc. is propelled the demand. In addition to this, the growing trend of shopping in the hyper and supermarket and the rising penetration of online shopping will catalyst the sales over the forecast period.
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 black carrot juice concentrate.
The entire Black Carrot Juice Concentrate market has been sub-categorized into product type 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.
By Product Type
- Hypermarket & Supermarket
- Food & Drink Specialists
- Convenience Stores
This section covers regional segmentation which accentuates on current and future demand for black carrot juice concentrate 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 Black Carrot Juice Concentrate 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 black carrot juice concentrate market include Ariza BV, Erkon Konsantre, Asya Taste, Znatural Color, Holland Ingredients, Aureli Agricultural Company, MEYKON, Secna S.A. 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.