Beta Carotene Market Size Worth USD 700 million by 2026

Posted by shivf on March 12th, 2021

An organic, red-orange pigment that is generally sourced from various plants and fruits is referred to as beta carotene. This pigment is rich in vitamin A and is a powerful antioxidant. It helps eliminate free radicals in the body, thereby mitigating damage to cell membranes, DNA and protein structures. This, in turn, reduces the risk of cancer. Beta carotene is widely used in the food and beverage, pharmaceutical as well as cosmetic industry.

Beta Carotene Market Estimation:

The global beta carotene market was valued at around USD 500 million in 2019. It is expected to witness a compound annual growth rate of more than 4% from 2020 to 2026. At the end of 2026, with a steady growth rate, the market’s valuation is projected to reach around USD 700 million.

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Company Profiles and Competitive Intelligence

The key players operating in the Beta Carotene Market are:

• BASF SE
• Chr Hansen Holding A/S
• DSM N.V.
• Food chem International
• Bioextract
• DD Williamson & Co. Inc.
• Lycored
• Zhejiang Medicine Co. Ltd.
• Nutralliance
• Parry Nutraceuticals
• Sentient Cosmetic Technologies
• Allied Biotech Corp. Ltd
• Divis Laboratories
• ZMC-USA LLC
• Dynadis SARL
• RohaDyechem
• Zhejiang NHU Co.Ltd
• Naturex SA

The research report analyses the ecosystem of the beta carotene market and categorizes it to forecast the revenues and analyse the trends in each of the following below-mentioned market segments.

Beta Carotene Market Segmentation: Summary

By Source

• Fruits & Vegetables
• Algae
• Synthetic
• Yeast
• Fungi
• Bacteria
• Others

By Application

• Food & Beverages
• Pharmaceuticals
• Cosmetics
• Animal Feed
• Dietary Supplements

By Product Type

• Synthetic
• Natural

By Formulation

• Powder
• Liquid

Beta Carotene Consumption Breakdown Data by Region

• North America [United States, Canada, Mexico]
• South America [Brazil, Argentina, Columbia, Chile, Peru]
• Europe [Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
• Middle East & Africa [GCC, North Africa, South Africa]
• Asia-Pacific [China, Southeast Asia, India, Japan, Korea, Western Asia]

Key Highlights of the Table of Contents:

Beta Carotene Market Study Coverage: It includes key market segments, key manufacturers covered, the scope of products offered in the years considered, global Beta Carotene Market, and study objectives. Additionally, it touches on the segmentation study provided in the report on the basis of the type of product and applications.

Beta Carotene Market Executive summary: This section emphasizes the key studies, market growth rate, competitive landscape, market drivers, trends, and issues in addition to the macroscopic indicators.

Beta Carotene Market Production by Region: The report delivers data related to import and export, revenue, production, and key players of all regional markets studied are covered in this section.

Beta Carotene Market Profile of Major Players: Analysis of each market player profiled is detailed in this section. This segment also provides SWOT analysis, products, production, value, capacity, and other vital factors of the individual player.