Global Beta Carotene Market Growth 2023-2029

Global Beta Carotene Market Growth 2023-2029

Beta carotene is an 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.
The Beta Carotene industry can be broken down into several segments, Natural Product Extraction, Chemical Synthesis, etc.
Across the world, the major players cover DSM, BASF, etc.
LPI (LP Information)' newest research report, the “Beta Carotene Industry Forecast” looks at past sales and reviews total world Beta Carotene sales in 2022, providing a comprehensive analysis by region and market sector of projected Beta Carotene sales for 2023 through 2029. With Beta Carotene sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Beta Carotene industry.
This Insight Report provides a comprehensive analysis of the global Beta Carotene 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 Beta Carotene portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Beta Carotene market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Beta Carotene 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 Beta Carotene.
The global Beta Carotene market size is projected to grow from US$ 297.2 million in 2022 to US$ 365.7 million in 2029; it is expected to grow at a CAGR of 365.7 from 2023 to 2029.
The production of beta carotene powder is through natural product extraction, chemical synthesis, microalgae extraction and fermentation method. And chemical synthesis method took up about 82% of the total consumption volume.
Currently, there are limited producing companies in the world beta carotene powder industry. The main market players are DSM, BASF, Divi's Nutraceuticals, Zhejiang Medicine, Allied Biotech, Chr Hansen, LYCORED, etc. Top 5 company production took up about 89% of the global market.
This report presents a comprehensive overview, market shares, and growth opportunities of Beta Carotene 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
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
Wuhan Stars
Key Questions Addressed in this Report
What is the 10-year outlook for the global Beta Carotene market?
What factors are driving Beta Carotene market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Beta Carotene market opportunities vary by end market size?
How does Beta Carotene 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.