Beetroot Powder Market Growing at CAGR of 5.0% during forecast period – Know About Growth with Trends, Opportunities, Future Outlook, Competitive Analysis By Focusing on Top Key Players

Market Research Report Search Engine (MRRSE) recently announced the addition of a new research study to its comprehensive collection of research reports. The research report, titled “Beetroot Powder Market: Food & Beverages End User Segment Expected to Gain 80 Basis Points over the Forecast Period: Global Industry Analysis (2012 – 2016) and Opportunity Assessment (2017 – 2027)” offers a detailed analysis of the market providing insights into the market dynamics that are expected to influence the overall market positively in the next few years. Furthermore, the product segmentation, drivers, barriers, key geographical segments, and the competitive scenario of the global Beetroot Powder Market have been elaborated upon in the research report.

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The others sub-segment is expected to create the highest market value by the end of the forecast period, owing to the increasing consumption of ready to drink non-alcoholic beverages and beet root juices. The food colorants sub-segment is expected to create the second highest market value by the end of the forecast period, owing to the increasing usage of beetroot powder to enhance the fragrance of kitchen recipes instead of vinegar. Cosmetics sub-segment is expected to register the highest CAGR in terms of value, owing to the increasing use of beet root powder in the manufacture of natural cosmetic products such as lip-colors and body lotions. Nutraceuticals sub-segment is expected to register a high CAGR in terms of value, owing to the increasing usage of beet root powder as an ingredient because of its anti-oxidant and anti-inflammatory properties due to the presence of phytonutrients called betalains.

Increasing number of health conscious consumers and a growing trend of certifications are driving the growth of the global beetroot powder market
Beetroot powder is the novel antioxidant ingredient, which is becoming popular amongst health conscious consumers. Beetroot powder is great addition to one’s diet and is one of the healthiest products available today. The increasing application of beetroot powder in various industries are increasing day by day

Instead of consuming the whole beet, the beets are processed and dried to form a very concentrated powder of pure beetroot juice extract. While a cup of raw beets may have about 58 calories and 13 grams of carbohydrates, a cup of beet juice has 100 calories and 25 grams of carbs because of the high concentration

Beetroot powder can be used as a super food supplement as it is agood source of iron and folate (naturally occurring folic acid). It also contains nitrates, betaine, magnesium and other antioxidants (notably betacyanin) and helps in boosting the exercise performance and prevent dementia. Beetroot powder is loaded with the same potent vitamins, minerals, and nutrients. Beetroot powder is rich in antioxidants, dietary fiber, calcium, iron, potassium, folate and manganese, along with other nutrients
The consumers are demanding for the products which are certified as a proxy for product quality, certifications like Organic, Non-GMO project certified, gluten free, kosher and other certifications. Demand for certified powder also rapidly increasing with manufacturers are more focused on certified product introduction

Globally, consumers are turning towards healthier beverage options. Increasing health consciousness among consumers has shifted the demand from unnatural and high sugar drinks to healthful, better-for-you beverages. For instance, in 2017, Teapigs has launched a new range of feel goods tea which is an energy tea which contains a blend of hibiscus, ginger, green tea and beet root powder as the increasing consumer demands of healthful drinks
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The global beetroot powder market is expected to exhibit a healthy CAGR of 5.0% in terms of value over the forecast period
Revenue from global beetroot powder market was valued more than US$ 12 Bn in 2012 and little more than US$ 15 Bn in 2016. The global beetroot powder market is expected to reach a value of more than US$ 25 Bn expanding at a CAGR of 5.0% over the forecast period, i.e. 2017–2027. In terms of volume, the global beetroot powder market stood at 6, 90,000 Tons by 2016 end, and is expected to reach 1,138,232 Tons by 2027 end, at a CAGR of 4.7%.

Research Methodology

The analysts in Future Market Insights have performed systematic exhaustive secondary research to analyse the required data points to arrive at the overall market number. The dedicated team for food and beverages domain have listed market players across the value chain of technology developers, manufacturers, and distributors. The questionnaires have been developed for each node in the value chain to extract the required market information through primary research interviews. These interviews are conducted using distinguished essential resources. The data which is provided in the global ventilation equipment market is validated by triangulation method, wherein secondary, primary and Future Market Insights analysis have contributed to the final data. For the better understanding of the report, the data is represented using charts, info-graphics, and presentation of key findings by region that provides actionable insights and strategic recommendation. 

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