Global Beta Carotene Powder Market Growth 2023-2029

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

This Insight Report provides a comprehensive analysis of the global Beta 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 Beta Carotene Powder portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Beta Carotene Powder market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Beta 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 Beta Carotene Powder.

The global Beta Carotene Powder market size is projected to grow from US$ 384.5 million in 2022 to US$ 370.7 million in 2029; it is expected to grow at a CAGR of 370.7 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 Beta 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

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 Powder market?

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

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

How do Beta Carotene Powder market opportunities vary by end market size?

How does Beta 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.