Reports
Sale
Global Beta Carotene Market Size, Share, Growth, Analysis, Forecast: By Type: Natural, Synthetic, Others; By Application: Food and Beverage, Animal Feed, Dietary Supplements, Pharmaceuticals, Cosmetics, Others; Regional Analysis; Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis; Competitive Landscape; 2024-2032
Global Beta Carotene Market Outlook
The global beta carotene market size attained a value of approximately USD 478.17 million in 2023. The market is further expected to grow at a CAGR of around 5.3% in the forecast period of 2024-2032, reaching a value of around USD 761.03 million by 2032.
The heightening applications of beta carotene in the cosmetics sector is driving the market growth. Beta carotene is used to formulate aftershave lotions, bath products, cleansing products, suntan products, shampoo, makeup, skincare products, shampoos, and hair conditioners. Hence, the increasing sale of these products, inflating per capital income in emerging economies, and rapid urbanisation are the crucial trends aiding the growth of the beta carotene market. Apart from topical application, beta carotene supplements are also useful in skin rejuvenation from within, aiding in the reduction of wrinkles and fine lines. A growing focus on skin and physical appearance, and rising demand for natural products in cosmetics, is anticipated to bolster the market for beta carotene over the forecast period.
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
Global Beta Carotene Market Share by Region
North America is likely to be one of the leading regions for beta carotene owing to shifting consumer preferences towards healthy diets. The growing geriatric population is driving up the demand for dietary supplements and bolstering the market growth for beta carotene. The demand for natural sources of beta carotene, vitamins, and other dietary supplements remains positive in countries such as the United States.
Changes in consumer lifestyles and eating habits have resulted in rising prevalence of ailments such as cardiovascular diseases, and diabetes, among others; as a result, consumers in the region are choosing healthier products. Beta carotene is important for immune system functioning because it possesses antioxidant qualities that assist cells in fighting illnesses.
The Asia Pacific region is anticipated to witness the fastest growth in the market for beta carotene over the forecast period. The growth would be supported by a remarkable rise in the food and beverages, cosmetics, and other end-use sectors in developing countries, such as China and India. The presence of small-scale regional players and investments in research and development activities for new product development is expected to positively impact market growth for beta carotene.
Market Segmentations
Beta carotene is an orange and red pigment found in plants and fruits, especially carrots and other colourful vegetables. Vitamin A is formed from beta carotene, which is poisonous at high levels and has antioxidant and carotenoid properties. Vitamin A is required by the human body for healthy skin and mucus membranes, as well as a strong immune system and clear vision.
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
Based on type, the market is segmented into:
- Natural
- Breakup by Type
- Algae
- Fungi
- Palm Oil
- Breakup by Type
- Synthetic
- Others
On the basis of application, the market is categorised into:
- Food and Beverage
- Animal Feed
- Dietary Supplements
- Pharmaceuticals
- Cosmetics
- Others
The regional markets for beta carotene are divided into North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
Global Beta Carotene Market Analysis
A significant increase in the use of beta carotene in the food and beverages, dietary supplements, personal care and cosmetics, and animal feed industries is expected to impact the market growth of beta carotene positively. One of the significant factors contributing to the beta carotene market growth is the increasing demand for natural and healthy products. Rising dietary supplement intake, owing to rising health issues, such as vitamin deficiencies and obesity, is likely to aid the market for beta carotene in the coming years.
Beta carotene is also beneficial for reducing free radical damage in the body. In this regard, the growing consumer awareness and concerns pertaining to the addition of synthetic ingredients are pushing the demand for natural beta carotene products. Meanwhile, beta carotene also acts as a colouring agent for tablets and exhibits high bioactivity which makes it useful in the pharmaceuticals sector. Additionally, the increasing ageing population and an upsurge in lifestyle-related chronic diseases are helping boost the demand for health and food supplements that contain beta carotene.
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
Key Players in the Global Beta Carotene Market
The report gives a detailed analysis of the following key players in the global beta carotene market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
- BASF SE
- DDW, Inc.
- BioExtract
- Foodchem International Corporation
- Royal DSM N.V.
- Lycored Corp.
- Divi’s Laboratories Ltd.
- Allied Biotech Corporation
- Central Drug House Ltd.
- Bio-gen Extracts Private Limited
- Others
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|
| Breakup by Type |
|
| Breakup by Application |
|
| Breakup by Region |
|
| Market Dynamics |
|
| Competitive Landscape |
|
| Companies Covered |
|
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
6.1 Global
6.2 Region
7 Opportunities and Challenges in the Market
8 Global Beta Carotene Market Analysis
8.1 Key Industry Highlights
8.2 Global Beta Carotene Historical Market (2018-2023)
8.3 Global Beta Carotene Market Forecast (2024-2032)
8.4 Global Beta Carotene Market by Type
8.4.1 Natural
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.1.3 Breakup by Type
8.4.1.3.1 Algae
8.4.1.3.2 Fungi
8.4.1.3.3 Palm Oil
8.4.2 Synthetic
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.4.3 Others
8.5 Global Beta Carotene Market by Application
8.5.1 Food and Beverage
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 Animal Feed
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.5.3 Dietary Supplements
8.5.3.1 Historical Trend (2018-2023)
8.5.3.2 Forecast Trend (2024-2032)
8.5.4 Pharmaceuticals
8.5.4.1 Historical Trend (2018-2023)
8.5.4.2 Forecast Trend (2024-2032)
8.5.5 Cosmetics
8.5.5.1 Historical Trend (2018-2023)
8.5.5.2 Forecast Trend (2024-2032)
8.5.6 Others
8.6 Global Beta Carotene Market by Region
8.6.1 North America
8.6.1.1 Historical Trend (2018-2023)
8.6.1.2 Forecast Trend (2024-2032)
8.6.2 Europe
8.6.2.1 Historical Trend (2018-2023)
8.6.2.2 Forecast Trend (2024-2032)
8.6.3 Asia Pacific
8.6.3.1 Historical Trend (2018-2023)
8.6.3.2 Forecast Trend (2024-2032)
8.6.4 Latin America
8.6.4.1 Historical Trend (2018-2023)
8.6.4.2 Forecast Trend (2024-2032)
8.6.5 Middle East and Africa
8.6.5.1 Historical Trend (2018-2023)
8.6.5.2 Forecast Trend (2024-2032)
9 North America Beta Carotene Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
10 Europe Beta Carotene Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 France
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Others
11 Asia Pacific Beta Carotene Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 India
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 ASEAN
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Australia
11.5.1 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Others
12 Latin America Beta Carotene Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Argentina
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Mexico
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Others
13 Middle East and Africa Beta Carotene Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Nigeria
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 South Africa
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Competitive Landscape
15.1 Market Structure
15.2 Company Profiles
15.2.1 BASF SE
15.2.1.1 Company Overview
15.2.1.2 Product Portfolio
15.2.1.3 Demographic Reach and Achievements
15.2.1.4 Certifications
15.2.2 DDW, Inc.
15.2.2.1 Company Overview
15.2.2.2 Product Portfolio
15.2.2.3 Demographic Reach and Achievements
15.2.2.4 Certifications
15.2.3 BioExtract
15.2.3.1 Company Overview
15.2.3.2 Product Portfolio
15.2.3.3 Demographic Reach and Achievements
15.2.3.4 Certifications
15.2.4 Foodchem International Corporation
15.2.4.1 Company Overview
15.2.4.2 Product Portfolio
15.2.4.3 Demographic Reach and Achievements
15.2.4.4 Certifications
15.2.5 Royal DSM N.V.
15.2.5.1 Company Overview
15.2.5.2 Product Portfolio
15.2.5.3 Demographic Reach and Achievements
15.2.5.4 Certifications
15.2.6 Lycored Corp.
15.2.6.1 Company Overview
15.2.6.2 Product Portfolio
15.2.6.3 Demographic Reach and Achievements
15.2.6.4 Certifications
15.2.7 Divi’s Laboratories Ltd.
15.2.7.1 Company Overview
15.2.7.2 Product Portfolio
15.2.7.3 Demographic Reach and Achievements
15.2.7.4 Certifications
15.2.8 Allied Biotech Corporation
15.2.8.1 Company Overview
15.2.8.2 Product Portfolio
15.2.8.3 Demographic Reach and Achievements
15.2.8.4 Certifications
15.2.9 Central Drug House Ltd.
15.2.9.1 Company Overview
15.2.9.2 Product Portfolio
15.2.9.3 Demographic Reach and Achievements
15.2.9.4 Certifications
15.2.10 Bio-gen Extracts Private Limited
15.2.10.1 Company Overview
15.2.10.2 Product Portfolio
15.2.10.3 Demographic Reach and Achievements
15.2.10.4 Certifications
15.2.11 Others
16 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Beta Carotene Market: Key Industry Highlights, 2018 and 2032
2. Global Beta Carotene Historical Market: Breakup by Type (USD Million), 2018-2023
3. Global Beta Carotene Market Forecast: Breakup by Type (USD Million), 2024-2032
4. Global Beta Carotene Historical Market: Breakup by Application (USD Million), 2018-2023
5. Global Beta Carotene Market Forecast: Breakup by Application (USD Million), 2024-2032
6. Global Beta Carotene Historical Market: Breakup by Region (USD Million), 2018-2023
7. Global Beta Carotene Market Forecast: Breakup by Region (USD Million), 2024-2032
8. North America Beta Carotene Historical Market: Breakup by Country (USD Million), 2018-2023
9. North America Beta Carotene Market Forecast: Breakup by Country (USD Million), 2024-2032
10. Europe Beta Carotene Historical Market: Breakup by Country (USD Million), 2018-2023
11. Europe Beta Carotene Market Forecast: Breakup by Country (USD Million), 2024-2032
12. Asia Pacific Beta Carotene Historical Market: Breakup by Country (USD Million), 2018-2023
13. Asia Pacific Beta Carotene Market Forecast: Breakup by Country (USD Million), 2024-2032
14. Latin America Beta Carotene Historical Market: Breakup by Country (USD Million), 2018-2023
15. Latin America Beta Carotene Market Forecast: Breakup by Country (USD Million), 2024-2032
16. Middle East and Africa Beta Carotene Historical Market: Breakup by Country (USD Million), 2018-2023
17. Middle East and Africa Beta Carotene Market Forecast: Breakup by Country (USD Million), 2024-2032
18. Global Beta Carotene Market Structure.
Key Questions Answered in the Report
In 2023, the global market for beta carotene attained a value of approximately USD 478.17 million.
The market is projected to grow at a CAGR of 5.3% between 2024 and 2032.
The market is estimated to witness healthy growth in the forecast period of 2024-2032 to reach around USD 761.03 million by 2032.
The major drivers of the market include the changes in consumer lifestyles, rising dietary supplement intake, increasing prevalence of health issues, growing consumer awareness, and ageing population.
The key beta carotene market trends include increasing use in pharmaceuticals and cosmetics, rising investments in research and development activities, growing use in animal nutrition and the food and beverage industry, and increasing demand for natural and healthy products.
The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The various types of beta carotene in the market are natural and synthetic, among others, with natural further divided by type into algae, fungi, and palm oil.
The significant applications of beta carotene in the market are food and beverage, animal feed, dietary supplements, pharmaceuticals, and cosmetics, among others.
The major players in the market, according to the report, are BASF SE, DDW, Inc., BioExtract, Foodchem International Corporation, Royal DSM N.V., Lycored Corp., Divi’s Laboratories Ltd., Allied Biotech Corporation, Central Drug House Ltd., and Bio-gen Extracts Private Limited, among others.
Analyst Review
The global beta carotene market attained a value of approximately USD 478.17 million in 2023, driven by the growing demand for natural and healthy products. Aided by growing consumer awareness and increasing use in pharmaceuticals and cosmetics, the market is expected to witness further growth in the forecast period of 2024-2032, growing at a CAGR of 5.3%. The market is projected to reach a value of around USD 761.03 million by 2032.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the market. The primary types of beta carotene are natural and synthetic, among others, with natural further divided by type into algae, fungi, and palm oil. The significant applications of the market are food and beverage, animal feed, dietary supplements, pharmaceuticals, and cosmetics, among others. The major regional markets for beta carotene are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the market are BASF SE, DDW, Inc., BioExtract, Foodchem International Corporation, Royal DSM N.V., Lycored Corp., Divi’s Laboratories Ltd., Allied Biotech Corporation, Central Drug House Ltd., and Bio-gen Extracts Private Limited, among others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
Purchase Options 10% off
Call us
Purchase Full Report
Mini Report
$ 2199
$1999
-
Selected Sections, One User
-
Printing Not Allowed
-
Email Delivery in PDF
-
Free Limited Customisation -
Post Sales Analyst Support -
50% Discount on Next Update
Single User License
$ 3299
$2999
-
All Sections, One User
-
One Print Allowed
-
Email Delivery in PDF
-
Free Limited Customisation -
Post Sales Analyst Support -
50% Discount on Next Update
Five User License
$ 4399
$3999
-
All Sections, Five Users
-
Five Prints Allowed
-
Email Delivery in PDF
-
Free Limited Customisation
-
Post Sales Analyst Support
-
50% Discount on Next Update
Corporate License
$ 5499
$4999
-
All Sections, Unlimited Users
-
Unlimited Prints Allowed
-
Email Delivery in PDF + Excel
-
Free Limited Customisation
-
Post Sales Analyst Support
-
50% Discount on Next Update
Any Question? Speak With An Analyst
View A Sample
Did You Miss Anything, Ask Now
Why Expert Market Research?
Right People
We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.
Right Methodology
We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.
Right Price
We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.
Right Support
Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.
NEWSLETTER