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Global Beta Carotene Powder Market Insight2022-01-19 Comments
The Beta Carotene Powder is forecast to fast increase over the next four years. According to the WK-chem Research “Global Beta Carotene Powder Professional Survey Report 2022, Forecast to 2027”, Beta carotene is an organic, strongly colored red-orange pigment that is abundantly found in plants and fruits. Increasing preference towards naturally derived ingredients and cleaner label solutions has instigated the natural beta carotene segment’s growth.The compound annual growth rate (CAGR) for the 2022-2027 period is projected to be 3.9% base on WK-chem Research regression analysis model.
“Since carotene will have side effects when used for a long time, the manufacturer must strictly control the dosage of the product. Therefore, the need for new technologies has brought huge opportunities and markets to new entrants. New entrants should seize this opportunity to gain a firm foothold in the market.”Said Linda, Senior analyst, Chemical industry Market Research Center in WK-chem Research.
The demand for these ingredients in food, feed and personal care products has skyrocketed as consumer awareness of beta-carotene and antioxidants protect against cancer, aging and other health benefits. The industry is presumed to witness incredible growth in the next eight years. The tremendous rise in the adoption of beta-carotene in sectors like food and beverage, personal care, cosmetis, animal feed, dietary supplements and others is likely to promote the business in the coming years. The increasing demand for natural crude carotene products is suspected to accelerate giobal industrial growth.As the use of beta-carotene to develop natural colors in various foods and beverages has increased, it has become popular with consumers in recent vears.Beta-carotene, along with food and beverages, is gaining considerable attention in dietary supplements as consumer interest in natural and vitamin-mineral rich supplements increases As consumer demand for organic and natural cosmetics has increased, manufacturers and product developers have stared using beta-carotene as a critical ingredient in many cosmetic and personal care products. However natural beta-carotene has recently been introduced into organic cosmetics. such ts beta-carotene which are anticipaed to drive arowth in the globa beta-carotene market during the outook period.
Overuse of these products over a long period has a number of side effects that can cause stool loss, bruisingand joint pain and make the skin orange or yellow, several studies have shown that taking long-term highdose supplements can increase the risk of certain types of cancer. smokers who take these supplements increase their risk of colon, prostate, and lung cancer.
This WK-chem Research market report is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading Beta Carotene Powder companies that include Royal DSM, Sensient Technologies, Chr. Hansen, and BASF SE,FMC Corporation, Foodchem International, D.D. Williamson & Co. Inc., Merck & Company Inc., and Lycored Corp and global players.
Segmentation of Beta Carotene Powder Market:
According to the type, the global Beta Carotene Powder market is segmented by type into, natural and synthetic.Natural carotene powder accounted for the main market share.Consumers demand clean labels on products to know what exactly they consume and at what levels. Their interest in identifying the ingredients present in products has triggered the clean label products market. Consumers, globally, are highly concerned about the long-term effects of synthetic colors on health, and so prefer natural colorants in their foods. Beta carotene is largely used as a colorant for beverage and food applications. Natural colors help avoid hyperactivity disorders and behavioral issues among other benefits in children.Based on application, the market is segmented into, food and beverages, cosmetic industry, animal feed, pharmaceutical, and dietary supplements.The food and beverage industry’s demand for natural pigments continues to increase, occupying a major market share.Beta-carotene is widely used in the food processing industry a source of natural colors that provide various shades of red, yellowand orange. The food processing industry has adopted beta-caroene as a standard colorant for a variety of products such as challenges dressings,and other food products as demand for natural ingredients and additives increases. Therefore, increasing consumer awareness of the health benefits of natural color sources like beta carotene in recent years is one of the main drivers of the global beta carotene market.
Beta Carotene Powder Market: Regional Analysis
In terms of geography, the global Beta Carotene Powder market has been segmented into: North America, South America,Asia Pacific, Europe, and the Middle East & Africa.North America Holds a Significant Market Share,the region will continue to excel its dominance during the forecast period. Globally, North America is anticipated to occupy Europe after most of the global beta-carotene market in the North America beta-carotene market the United States is supposed to account for the dominant share in the overall revenue, followed by Canada. increased heath awareness among consumers is supposed to fuel the growth of beta carotene in the region. in Europe,Germany and France are likely to occupy a significant share of the beta-carotene market during the forecast period. Europe had become a significant consumer, and the region s experiencing the presence of many producers and consumers of products with the latest technology. Europe is expected to show the same growth trend in the future.In the Asia Pacific region,China and japan are expected to be the main contributors to the global beta- carotene market. The increased use of cosmetics in the area is presumed to support the growth of the beta-carotene market in the region, The Asia Pacific region is expected to witness the fastest growth during the projection period.Growth may be the result of a significant increase in the regon’s food and beverage,cosmetics and other end-user industries. The presence of small regional players and investments in R&D activities to develop new products are anticipated to have a positive impact on industrial growth.
Largest share area：North America
Largest share country：the United States
Product Type：Natural, Synthetic
Application：Food and Beverages, Cosmetic Industry, Animal Feed, Pharmaceutical, Dietary Supplements
Leading Company：Royal DSM, Sensient Technologies, Chr. Hansen, BASF SE,FMC Corporation