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Beta-Carotene Market Trends by Emerging Innovations Radically Changing The World Industry Forecast 2025

02-28-2020 05:15 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: QUINCE MARKET INSIGHTS

Beta-Carotene Market

Beta-Carotene Market

A recent report published by QMI on Beta-Carotene market is a detailed assessment of the most important market dynamics. After carrying out thorough research of Beta-Carotene market historical as well as current growth parameters, business expectations for growth are obtained with utmost precision. The study identifies specific and important factors affecting the market for Beta-Carotene during the forecast period. It can enable manufacturers of Beta-Carotene to change their production and marketing strategies in order to envisage maximum growth.

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According to the report, the Beta-Carotene is a vitamin A-converting antioxidant that plays a very significant role in health. It helps in the body's fight against free radicals. Beta-carotene gives major advantages include eye health, healthy skin, and cardiovascular disease prevention. Its rich amount of pigmentation also is responsible for coloring some fruits and veggies in red, yellow, and orange makes it appropriate for use in the food & beverage and pharmaceutical industries. It also acts as a binding ingredient in functional foods and feed processing

Segmentation for better understanding of this market and its growth prospects

The global market for beta-carotene is segmented according to its source and application. The algae segment is expected to receive high demand in this market by source because this segment is growing rapidly on the worldwide market. Along with these fruits and vegetables is another product segment where rapid growth is anticipated. Certain natural sources include sweet potato, peas, onion, carrot, pumpkin, spinach, and plums.

Based on the application this market is segmented into food & beverage, animal feed, dietary supplements, pharmaceuticals, cosmetics, and others. The food & beverage segment is expected high growth in this market due to consumers prefer food and beverages rich in taste and color. Also, the unique antioxidant properties of the product protect human cells from damage. Also, the cosmetics segment is anticipated rapid growth in this market because natural and organic products are preferred more than their synthetic counterparts likely to cause skin irritation and acne. It is widely used in makeup, aftershave, skincare, cleansing, and hair care products.

Beta-carotene is increasingly used in the development of natural colors for different foods and drinks. Also, rapidly aging population and increase in lifestyle related chronic diseases along with the growing consumer awareness about anti-cancer, anti-aging, and other health benefits of beta carotenes are some important factors impacting market growth.

Insights about regional distribution of market:
The global beta-carotene market is expected to boom in Europe due to the sustained in-vitro synthesis and increased demand for healthy products resulting in large-scale production. Also, this market is anticipated to rapid growth in the Asia-Pacific region because of the growth in food & beverages, pharmaceutical, animal feed, and other industries in developing countries such as China and India.

This report segments beta-carotene market by region into North America, Asia Pacific, Western Europe, Eastern Europe, Middle East, and Rest of the World. North America, Asia Pacific, and Western Europe are estimated to be major regions for beta-carotene market during the forecast period.

Asia Pacific is estimated to be one of the fastest growing markets for beta-carotene during the forecast period. The food & agriculture sector is one of the major contributors to economies in the region.

Companies Covered: Kemin Industries, Overseal Natural Ingredients, Phytone, Algatechnologies, LycoRed, Pharmline, Cyanotech Corporation, Mera Pharmaceuticals, Valensa International, and Sensient Technologies

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Market Segmentation:
By Source:
o Fruits & Vegetables
o Algae
o Synthetic
o Other

By Application:
o Food & Beverage
o Animal Feed
o Dietry Supplements
o Pharmaceuticals
o Cosmetics
o Others

By Region:
North America
o By Country (US, Canada, Mexico)
o By Source
o By Application

Western Europe
o By Country (Germany, UK, France, Italy, Spain, Rest of Western Europe)
o By Source
o By Application

Eastern Europe
o By Country (Russia, Turkey, Rest of Eastern Europe)
o By Source
o By Application

Asia Pacific
o By Country (China, Japan, India, South Korea, Australia, Rest of Asia Pacific)
o By Source
o By Application

Middle East
o By Country (UAE, Saudi Arabia, Qatar, Iran, Rest of Middle East)
o By Source
o By Application

Rest of the World
o By Region (South America, Africa)
o By Source
o By Application

Contact:
Quince Market Insights
Ajay D. (Knowledge Partner)
Office No- A109
Pune, Maharashtra 411028
Phone: US +1 208 405 2835 UK +44 121 364 6144 APAC +91 706 672 4848
Email: sales@quincemarketinsights.com
Web: www.quincemarketinsights.com

ABOUT US:
QMI has the most comprehensive collection of market research products and services available on the web. We deliver reports from virtually all major publications and refresh our list regularly to provide you with immediate online access to the world's most extensive and up-to-date archive of professional insights into global markets, companies, goods, and patterns.

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