The global beta carotene market is expected to rise with an impressive CAGR and generate the highest revenue by 2026. Fortune Business Insights™ in its latest report published this information. The report is titled “Beta Carotene Market Size, Share and Global Trend By Product Type (Synthetic Beta Carotene, Natural Beta Carotene), By Application (Food & Beverage, Dietary Supplements, Cosmetics, Animal Feed, Pharmaceuticals, Others) and Geography Forecast Till 2026”. The report discusses research objectives, research scope, methodology, timeline and challenges during the entire forecast period. It also offers an exclusive insight into various details such as revenues, market share, strategies, growth rate, product & their pricing by region/country for all major companies.
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The report provides a 360-degree overview of the market, listing various factors restricting, propelling, and obstructing the market in the forecast duration. The report also provides additional information such as interesting insights, key industry developments, detailed segmentation of the market, list of prominent players operating in the market, and other beta carotene market trends. The report is available for sale on the company website.
Some of the major companies that are present in the global beta carotene market are
- Naturex SA
- BASF SE
- Hansen Holding A/S
- Flavorchem Cor poration
- Foodchem International Corporation
- LycoRed Ltd.
- Koninklijke DSM N.V.
- Parry Nutraceuticals Limited
- Bio Extracts (Pvt) Ltd.
- Zhejiang Medicine Co. Ltd. and D.D. Williamson & Co., Inc.,
Increasing Prevalence of Chronic Disease Will Augment Growth
The increasing demand for naturally-sourced beta carotene due to its health benefits as well as its application across several major industries is a factor driving the global beta carotene market.
Further, increasing geriatric population along with rising prevalence of chronic disease around the world is likely to contribute to the global beta carotene market growth. The presence of skin-protective properties in beta carotene will fuel demand among cosmetics & personal care industry, which in, turn, will aid beta carotene market revenue.
Furthermore, the launch of beta-carotene colorant is also expected to enable global beta carotene market growth. For instance, BASF launched a novel 10% beta-carotene colorant to replace artificial dyes such as azo dyes. Lucarotin 10 CWD/O Plus claims to be light and heat stable, and can disperse quickly without disturbing the sensory characteristics of the product. Moreover, the expansion of beta-carotene colouring product line will contribute profoundly to the global beta carotene market shares.
For instance, a prominent carotenoid products manufacturer announced the expansion of its beta-carotene colouring product line. The company’s plan to expand its product line was to fulfil the rising demand of beta-carotene from food & beverage manufacturers. However, Excessive consumption of beta carotene supplements and products can result in joint pain, loss of stools, change in color, and other health complications.
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Regional Analysis for Beta Carotene Market:
- North America (the USA and Canada)
- Europe (UK, Germany, France, Italy, Spain, Scandinavia and Rest of Europe)
- Asia Pacific (Japan, China, India, Australia, Southeast Asia and Rest of Asia Pacific)
- Latin America (Brazil, Mexico and Rest of Latin America)
- Middle East & Africa (South Africa, GCC and Rest of the Middle East & Africa)
Major Table of Contents for Beta Carotene Market:
- Executive Summary
- Market Dynamics
- Key Beta Carotene Market Insights
- Global Market Analysis, Insights and Forecast, 2015-2026
- North America Market Analysis, Insights and Forecast, 2015-2026
- Europe Market Analysis, Insights and Forecast, 2015-2026
- Asia Pacific Market Analysis, Insights and Forecast, 2015-2026
- The Middle East and Africa Market Analysis, Insights and Forecast, 2015-2026
- Latin America Market Analysis, Insights and Forecast, 2015-2026
- Competitive Landscape
- Global Beta Carotene Market Revenue Share Analysis, By Key Players, 2020
- Company Profiles
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