The global beta-carotene market is expected to grow from USD 473 million in 2019 to USD 640 billion by 2027, at a CARG of 3.8 % during the forecast period 2020-2027.
Beta-carotene, of a red, yellow, orange and green pigments group found in vegetables, whole grains and fruits, is a form of carotene used by your body to make vitamin a which is only found in plants or food from animals (called preformed). It has antioxidant property which protects the cells against damage from oxidation, helps in reproductive process and keeps immune system, eyes and skin healthy.
Beta-carotene decreases symptoms of asthma which are caused by exercise, used to prevent cancer, cataracts, amd, heart disease, and to treat alcoholism, parkinson’s disease, depression, epilepsy, heartburn, infertility, aids, headache, high bp, rheumatoid arthritis, skin disorders like vitiligo and psoriasis, and schizophrenia.
It is also used for underfed women to reduce chances of night blindness and death during pregnancy, as well as fever after giving birth.
It also has many benefits to your body like improving cognitive function, reducing macular degeneration, contributing to lung health, and promoting good skin.
It’s found that, there is higher amount of beta-carotene in cooked food or vegetables as compared to raw, because it’s better to consume beta-carotene with a fat for good absorption and when cooked it’s converted into fat-soluble vitamin. The food rich in beta-carotene are- cantaloupe, apricots, sweet potato, leafy greens, romaine lettuce, carrots, peas and broccoli. It’s also found in spices & herbs like coriander, parsley, cilantro, paprika, chili etc.
beta-carotene’s dose should be taken correctly and with food, which actually decreases the risk of illness and the smokers should not be recommended high doses.
The market drivers of beta carotene are, increasing penetration of beta carotene in pharmaceuticals, increasing frequency of vitamin a deficiency leads to increase demand for beta carotene, growing consumer awareness of health benefits of natural color sources ( such as beta-carotenes), and increase in diseases of eye and cancer.
The study delivers a comprehensive analysis of source, application, product type and region. The source segment includes algae, synthetic, fruits & vegetables, others. The others segment includes fungus, fermentation of microorganisms and palm oil. Algae includes dunaliella salina. Fruits & vegetable includes carrot, pumpkin, sweet potato.
The application segment includes, pharmaceutical, food & beverage, cosmetics, animal feed and dietary supplements. Food & beverage are the most dominant use, as beta-carotene is used as a food coloring agent and nutrition supplement. With food & beverage industry, personal care & cosmetics is also expected to contribute to the growth of this industry in coming years. As beta-carotene is widely used as an antioxidant in cosmetics and personal care.
The product type segment includes, fat soluble beta-carotene and water-soluble beta-carotene.
The market is divided into north america, south america, europe, asia-pacific and middle east & africa. Europe has the leading consumer and a large number of producers with latest technology in this market. And asia-pacific has the fastest growth forecasted in this market, due to rise in cosmetics, food & beverages and other end-user industry.
The key players of beta-carotene market are laycored, bioextract, dsm n.v., foodchem international corporation, basf se, nutralliance, zhejiang medicine co., parry nutraceuticals, flavorchem corporation, kemin industries, phytone, pharmline, algatechnologies, valensa international, mera pharmaceuticals, cyanotech corporation.
Basf se & dsm n.v. dominates the beta-carotene industry by adopting strategies like collaborations with other industries, m&a and new product development.
Global beta-carotene market analysis and forecast, by source
Global beta-carotene market analysis and forecast, by application
Global beta-carotene market analysis and forecast, by product type
Global beta-carotene market analysis and forecast, by regional analysis
1. Introduction
1.1. Objectives of the Study
1.2. Market Definition
1.3. Research Scope
1.4. Currency
1.5. Key Target Audience
2. Research Methodology and Assumptions
3. Executive Summary
4. Premium Insights
4.1. Porter’s Five Forces Analysis
4.2. Value Chain Analysis
4.3. Top Investment Pockets
4.3.1. Market Attractiveness Analysis By Source
4.3.2. Market Attractiveness Analysis By Application
4.3.3. Market Attractiveness Analysis By Product Type
4.3.4. Market Attractiveness Analysis By Region
4.4. Industry Trends
5. Market Dynamics
5.1. Market Evaluation
5.2. Drivers
5.3. Restrains
5.4. Opportunities
5.5. Challenges
6. Global Beta-Carotene Market Analysis and Forecast, By Source
6.1. Segment Overview
6.2. Algae
6.3. Synthetic
6.4. Fruits & Vegetables
6.5. Others
7. Global Beta-Carotene Market Analysis and Forecast, By Application
7.1. Segment Overview
7.2. Dietary Supplements
7.3. Pharmaceutical
7.4. Food & Beverage
7.5. Animal Feed
7.6. Cosmetics
8. Global Beta-Carotene Market Analysis and Forecast, By Product Type
8.1. Segment Overview
8.2. Fat Soluble Beta-Carotene
8.3. Water-Soluble Beta-Carotene
9. Global Beta-Carotene Market Analysis and Forecast, By Regional Analysis
9.1. Segment Overview
9.2. North America
9.2.1. U.S.
9.2.2. Canada
9.2.3. Mexico
9.3. Europe
9.3.1. Germany
9.3.2. France
9.3.3. U.K.
9.3.4. Italy
9.3.5. Spain
9.4. Asia-Pacific
9.4.1. Japan
9.4.2. China
9.4.3. India
9.5. South America
9.5.1. Brazil
9.6. Middle East and Africa
9.6.1. UAE
9.6.2. South Africa
10. Global Beta-Carotene Market-Competitive Landscape
10.1. Overview
10.2. Market Share of Key Players in Global Beta-Carotene Market
10.2.1. Global Company Market Share
10.2.2. North America Company Market Share
10.2.3. Europe Company Market Share
10.2.4. APAC Company Market Share
10.3. Competitive Situations and Trends
10.3.1. Product Launches and Developments
10.3.2. Partnerships, Collaborations, and Agreements
10.3.3. Mergers & Acquisitions
10.3.4. Expansions
11. Company Profiles
11.1. laycored
11.1.1. Business Overview
11.1.2. Company Snapshot
11.1.3. Company Market Share Analysis
11.1.4. Company Product Portfolio
11.1.5. Recent Developments
11.1.6. SWOT Analysis
11.2. bioextract
11.2.1. Business Overview
11.2.2. Company Snapshot
11.2.3. Company Market Share Analysis
11.2.4. Company Product Portfolio
11.2.5. Recent Developments
11.2.6. SWOT Analysis
11.3. dsm n.v.
11.3.1. Business Overview
11.3.2. Company Snapshot
11.3.3. Company Market Share Analysis
11.3.4. Company Product Portfolio
11.3.5. Recent Developments
11.3.6. SWOT Analysis
11.4. foodchem international corporation
11.4.1. Business Overview
11.4.2. Company Snapshot
11.4.3. Company Market Share Analysis
11.4.4. Company Product Portfolio
11.4.5. Recent Developments
11.4.6. SWOT Analysis
11.5. basf se
11.5.1. Business Overview
11.5.2. Company Snapshot
11.5.3. Company Market Share Analysis
11.5.4. Company Product Portfolio
11.5.5. Recent Developments
11.5.6. SWOT Analysis
11.6. nutralliance
11.6.1. Business Overview
11.6.2. Company Snapshot
11.6.3. Company Market Share Analysis
11.6.4. Company Product Portfolio
11.6.5. Recent Developments
11.6.6. SWOT Analysis
11.7. zhejiang medicine co.
11.7.1. Business Overview
11.7.2. Company Snapshot
11.7.3. Company Market Share Analysis
11.7.4. Company Product Portfolio
11.7.5. Recent Developments
11.7.6. SWOT Analysis
11.8. parry nutraceuticals
11.8.1. Business Overview
11.8.2. Company Snapshot
11.8.3. Company Market Share Analysis
11.8.4. Company Product Portfolio
11.8.5. Recent Developments
11.8.6. SWOT Analysis
11.9. flavorchem corporation
11.9.1. Business Overview
11.9.2. Company Snapshot
11.9.3. Company Market Share Analysis
11.9.4. Company Product Portfolio
11.9.5. Recent Developments
11.9.6. SWOT Analysis
11.10. kemin industries
11.10.1. Business Overview
11.10.2. Company Snapshot
11.10.3. Company Market Share Analysis
11.10.4. Company Product Portfolio
11.10.5. Recent Developments
11.10.6. SWOT Analysis
11.11. phytone
11.11.1. Business Overview
11.11.2. Company Snapshot
11.11.3. Company Market Share Analysis
11.11.4. Company Product Portfolio
11.11.5. Recent Developments
11.11.6. SWOT Analysis
11.12. pharmline
11.12.1. Business Overview
11.12.2. Company Snapshot
11.12.3. Company Market Share Analysis
11.12.4. Company Product Portfolio
11.12.5. Recent Developments
11.12.6. SWOT Analysis
List of Table
1. Global Beta-Carotene Market, By Source, 2017–2027 (USD Billion)(Kilotons)
2. Global Algae Beta-Carotene Market, By Region, 2017–2027 (USD Billion)(Kilotons)
3. Global Synthetic Beta-Carotene Market, By Region, 2017–2027 (USD Billion)(Kilotons)
4. Global Fruits & Vegetables Beta-Carotene Market, By Region, 2017–2027 (USD Billion)(Kilotons)
5. Global Others Beta-Carotene Market, By Region, 2017–2027 (USD Billion)(Kilotons)
6. Global Beta-Carotene Market, By Application, 2017–2027 (USD Billion)(Kilotons)
7. Global Dietary Supplements, Beta-Carotene Market, By Region, 2017–2027 (USD Billion)(Kilotons)
8. Global Pharmaceutical, Beta-Carotene Market, By Region, 2017–2027 (USD Billion)(Kilotons)
9. Global Food & Beverage, Beta-Carotene Market, By Region, 2017–2027 (USD Billion)(Kilotons)
10. Global Animal Feed, Beta-Carotene Market, By Region, 2017–2027 (USD Billion)(Kilotons)
11. Global Cosmetics, Beta-Carotene Market, By Region, 2017–2027 (USD Billion)(Kilotons)
12. Global Beta-Carotene Market, By Product Type, 2017–2027 (USD Billion)(Kilotons)
13. Global Fat Soluble Beta-Carotene In Beta-Carotene Market, By Region, 2017–2027 (USD Billion)(Kilotons)
14. Global Water-Soluble Beta-Carotene In Beta-Carotene Market, By Region, 2017–2027 (USD Billion)(Kilotons)
15. Global Beta-Carotene Market, By Region, 2017–2027 (USD Billion)(Kilotons)
16. Global Beta-Carotene Market, By North America, 2017–2027 (USD Billion)(Kilotons)
17. North America Beta-Carotene Market, By Source, 2017–2027 (USD Billion)(Kilotons)
18. North America Beta-Carotene Market, By Application, 2017–2027 (USD Billion)(Kilotons)
19. North America Beta-Carotene Market, By Product Type, 2017–2027 (USD Billion)(Kilotons)
20. U.S. Beta-Carotene Market, By Source, 2017–2027 (USD Billion)(Kilotons)
21. U.S. Beta-Carotene Market, By Application, 2017–2027 (USD Billion)(Kilotons)
22. U.S. Beta-Carotene Market, By Product Type, 2017–2027 (USD Billion)(Kilotons)
23. Canada Beta-Carotene Market, By Source, 2017–2027 (USD Billion)(Kilotons)
24. Canada Beta-Carotene Market, By Application, 2017–2027 (USD Billion)(Kilotons)
25. Canada Beta-Carotene Market, By Product Type, 2017–2027 (USD Billion)(Kilotons)
26. Mexico Beta-Carotene Market, By Source, 2017–2027 (USD Billion)(Kilotons)
27. Mexico Beta-Carotene Market, By Application, 2017–2027 (USD Billion)(Kilotons)
28. Mexico Beta-Carotene Market, By Product Type, 2017–2027 (USD Billion)(Kilotons)
29. Europe Beta-Carotene Market, By Source, 2017–2027 (USD Billion)(Kilotons)
30. Europe Beta-Carotene Market, By Application, 2017–2027 (USD Billion)(Kilotons)
31. Europe Beta-Carotene Market, By Product Type, 2017–2027 (USD Billion)(Kilotons)
32. Germany Beta-Carotene Market, By Source, 2017–2027 (USD Billion)(Kilotons)
33. Germany Beta-Carotene Market, By Application, 2017–2027 (USD Billion)(Kilotons)
34. Germany Beta-Carotene Market, By Product Type, 2017–2027 (USD Billion)(Kilotons)
35. France Beta-Carotene Market, By Source, 2017–2027 (USD Billion)(Kilotons)
36. France Beta-Carotene Market, By Application, 2017–2027 (USD Billion)(Kilotons)
37. France Beta-Carotene Market, By Product Type, 2017–2027 (USD Billion)(Kilotons)
38. U.K. Beta-Carotene Market, By Source, 2017–2027 (USD Billion)(Kilotons)
39. U.K. Beta-Carotene Market, By Application, 2017–2027 (USD Billion)(Kilotons)
40. U.K. Beta-Carotene Market, By Product Type, 2017–2027 (USD Billion)(Kilotons)
41. Italy Beta-Carotene Market, By Source, 2017–2027 (USD Billion)(Kilotons)
42. Italy Beta-Carotene Market, By Application, 2017–2027 (USD Billion)(Kilotons)
43. Italy Beta-Carotene Market, By Product Type, 2016–2026(USD Million)(Kilotons)
44. Spain Beta-Carotene Market, By Source, 2017–2027 (USD Billion)(Kilotons)
45. Spain Beta-Carotene Market, By Application, 2017–2027 (USD Billion)(Kilotons)
46. Spain Beta-Carotene Market, By Product Type, 2017–2027 (USD Billion)(Kilotons)
47. Asia Pacific Beta-Carotene Market, By Source, 2017–2027 (USD Billion)(Kilotons)
48. Asia Pacific Beta-Carotene Market, By Application, 2017–2027 (USD Billion)(Kilotons)
49. Asia Pacific Beta-Carotene Market, By Product Type, 2017–2027 (USD Billion)(Kilotons)
50. Japan Beta-Carotene Market, By Source, 2017–2027 (USD Billion)(Kilotons)
51. Japan Beta-Carotene Market, By Application, 2017–2027 (USD Billion)(Kilotons)
52. Japan Beta-Carotene Market, By Product Type, 2017–2027 (USD Billion)(Kilotons)
53. China Beta-Carotene Market, By Source, 2017–2027 (USD Billion)(Kilotons)
54. China Beta-Carotene Market, By Application, 2017–2027 (USD Billion)(Kilotons)
55. China Beta-Carotene Market, By Product Type, 2017–2027 (USD Billion)(Kilotons)
56. India Beta-Carotene Market, By Source, 2017–2027 (USD Billion)(Kilotons)
57. India Beta-Carotene Market, By Application, 2017–2027 (USD Billion)(Kilotons)
58. India Beta-Carotene Market, By Product Type, 2017–2027 (USD Billion)(Kilotons)
59. South America Beta-Carotene Market, By Source, 2017–2027 (USD Billion)(Kilotons)
60. South America Beta-Carotene Market, By Application, 2017–2027 (USD Billion)(Kilotons)
61. South America Beta-Carotene Market, By Product Type, 2017–2027 (USD Billion)(Kilotons)
62. Brazil Beta-Carotene Market, By Source, 2017–2027 (USD Billion)(Kilotons)
63. Brazil Beta-Carotene Market, By Application, 2017–2027 (USD Billion)(Kilotons)
64. Brazil Beta-Carotene Market, By Product Type, 2017–2027 (USD Billion)(Kilotons)
65. Middle East and Africa Beta-Carotene Market, By Source, 2017–2027 (USD Billion)(Kilotons)
66. Middle East and Africa Beta-Carotene Market, By Application, 2017–2027 (USD Billion)(Kilotons)
67. Middle East and Africa Beta-Carotene Market, By Product Type, 2017–2027 (USD Billion)(Kilotons)
68. UAE Beta-Carotene Market, By Source, 2017–2027 (USD Billion)(Kilotons)
69. UAE Beta-Carotene Market, By Application, 2017–2027 (USD Billion)(Kilotons)
70. UAE Beta-Carotene Market, By Product Type, 2017–2027 (USD Billion)(Kilotons)
71. South Africa Beta-Carotene Market, By Source, 2017–2027 (USD Billion)(Kilotons)
72. South Africa Beta-Carotene Market, By Application, 2017–2027 (USD Billion)(Kilotons)
73. South Africa Beta-Carotene Market, By Product Type, 2017–2027 (USD Billion)(Kilotons)
List of Figures
1. Global Beta-Carotene Market Segmentation
2. Beta-Carotene Market: Research Methodology
3. Market Size Estimation Methodology: Bottom-Up Approach
4. Market Size Estimation Methodology: Top-Down Approach
5. Data Triangulation
6. Porter’s Five Forces Analysis
7. Value Chain Analysis
8. Global Beta-Carotene Market Attractiveness Analysis By Source
9. Global Beta-Carotene Market Attractiveness Analysis By Application
10. Global Beta-Carotene Market Attractiveness Analysis By Product Type
11. Global Beta-Carotene Market Attractiveness Analysis By Region
12. Global Beta-Carotene Market: Dynamics
13. Global Beta-Carotene Market Share by Source (2019 & 2027)
14. Global Beta-Carotene Market Share By Application (2019 & 2027)
15. Global Beta-Carotene Market Share By Product Type (2019 & 2027)
16. Global Beta-Carotene Market Share by Regions (2019 & 2027)
17. Global Beta-Carotene Market Share by Company (2019)
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