[PDF] Beetroot Powder Market Analysis: Trends, Growth Opportunities, and Forecasts to 2022-2023

Beetroot powder is obtained by grinding and milling of dried beetroot. It is also known as red beet, golden beet or garden beer. Beetroot powder is rich sources of vitamins and minerals such as vitamin C, vitamin A coupled with a good source of iron, potassium, and magnesium. Beetroot powder offers several benefits such as it supports and boosts immune system, improves skin health, and helps to maintain strong bones. It is also consumed to maintain blood pressure, better liver functioning and weight loss.

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Beetroot Powder Market by COVID-19 Analysis:

The COVID-19 pandemic has had a mixed impact on the global beetroot powder market. On one hand, the increased focus on health and wellness during the pandemic has led to a surge in demand for natural and organic food products, including beetroot powder. On the other hand, the disruptions in the supply chain and logistics caused by the pandemic have had a negative impact on the market.
During the early months of the pandemic, there was a surge in demand for beetroot powder due to its immunity-boosting properties. The high levels of antioxidants and nutrients in beetroot powder made it a popular choice for consumers looking to boost their immune system. Additionally, the shift towards a healthier lifestyle during the pandemic also drove the demand for beetroot powder.
However, the restrictions on trade and transportation caused by the pandemic led to disruptions in the supply chain for beetroot powder. This, in turn, led to an increase in the price of beetroot powder, making it less accessible for some consumers.

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• FORMAT:(PDF)
• NO OF PAGES:178
• BASE YEAR: 2021

Key Players:

• Yesraj Agro Exports Pvt. Ltd.
• Bioglan AB
• Nature's Way Products LLC
• NutraMarks, Inc.
• Super Sprout LLC & Juices
• International Pty Ltd.
• Radiance Ltd.
• SuperFoods Group
• Natures Aid Ltd.
• Botanical Ingredients Ltd.

Segmentation:

The Beetroot Powder Market accounted for US$ 11.34 billion in 2020 and is estimated to be US$ 16.93 billion by 2030 and is anticipated to register a CAGR of 4.1%. The global beetroot powder market is segmented based on type, packaging type, application, distribution channel, end-use industry and region.

• By type, the Global Beetroot Powder Market is segmented into conventional and organic.
• By packaging type, the Global Beetroot Powder Market is classified into cans, bottle, and bags.
• By application, the Global Beetroot Powder Market is classified into curries and gravies, food color, soups, and coatings.
• By distribution channel, the Global Beetroot Powder Market is classified into online sale, retail shops, departmental store and, supermarket/hypermarket.
• By end-user industry, the Global Beetroot Powder Market is classified into food industry and beverage industry.
• By region, the global beetroot powder market is categorized into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

Key Questions answered in the report:

Q: What is the current size of the Beetroot Powder Market?
A: Beetroot Powder Market is estimated to be US$ 16.93 billion by 2030 with a CAGR of 4.1% during the forecast period. The market size varies by region, with North America and Europe being the largest markets for beetroot powder due to the increasing demand for natural and organic food products. The Asia Pacific region is also expected to witness significant growth in the beetroot powder market due to the rising awareness about the health benefits of beetroot powder and the increasing demand for functional food and beverage products in the region.

Q: Who is leading the market in Beetroot Powder?
A: Bioglan , Salvere ,The Green Labs LLC ,NutraMarks Inc. These companies are focusing on product innovation, expansion of their product portfolio, and strategic partnerships to strengthen their market position in the beetroot powder market. Additionally, they are investing in marketing and promotional activities to increase the awareness about the health benefits of beetroot powder and to attract more consumers.

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This release was published on openPR.