Global ß-Carotene Powder Market Growth 2023-2029

Global β-Carotene Powder Market Growth 2023-2029

Beta carotene powder is a red-orange lipophilic terpenoid pigment found in plants and fruits. And it is a provitamin of vitamin A, meaning it is transformed to active vitamin A in the body. Beta carotene powder is a member of the carotenes, and it is distinguished by having beta-rings at both ends of the molecule. Beta carotene is the most common form of carotene in plants.

LPI (LP Information)' newest research report, the “β-Carotene Powder Industry Forecast” looks at past sales and reviews total world β-Carotene Powder sales in 2022, providing a comprehensive analysis by region and market sector of projected β-Carotene Powder sales for 2023 through 2029. With β-Carotene Powder sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world β-Carotene Powder industry.

This Insight Report provides a comprehensive analysis of the global β-Carotene Powder landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on β-Carotene Powder portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global β-Carotene Powder market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for β-Carotene Powder and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global β-Carotene Powder.

The global β-Carotene Powder market size is projected to grow from US$ 384.5 million in 2022 to US$ 490 million in 2029; it is expected to grow at a CAGR of 490 from 2023 to 2029.

Global Beta Carotene Powder key players include DSM, BASF, Allied Bictech, LYCORED, Chr Hansen, etc. Global top five manufacturers hold a share over 85%.

North America is the largest market, with a share over 50%, followed by China and Europe, both have a share over 40%.

In terms of product, Chemical Synthesis is the largest segment, with a share over 80%. And in terms of application, the largest application is Food and Bevarages, followed by Feed Supplement, Cosmetic Additives, etc.

This report presents a comprehensive overview, market shares, and growth opportunities of β-Carotene Powder market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Natural Product Extraction
Chemical Synthesis
Fermentation Method

Segmentation by application
Food and Beverages
Feed Supplement
Cosmetic Additives
Drug & Health Products
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
DSM
BASF
Allied Bictech
Chr Hansen
LYCORED
FMC Corporation
DDW
Zhejiang Medicine
HJ-Rise International
Zixin
Cabio

Key Questions Addressed in this Report

What is the 10-year outlook for the global β-Carotene Powder market?

What factors are driving β-Carotene Powder market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do β-Carotene Powder market opportunities vary by end market size?

How does β-Carotene Powder break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.