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Beta-Carotene Market Overview 2019-2027: Estimated Market Size, Major Drivers and Lucrative Segments - By The Business Research Company

02-28-2024 09:55 PM CET | Food & Beverage

Press release from: Transparency Market Research

Beta-Carotene Market

Beta-Carotene Market

Beta-carotene, renowned for its reddish-yellow hue in various plants, has become a cornerstone ingredient in multiple industries owing to its natural colorant properties and health benefits. With applications ranging from food processing to pharmaceuticals, the beta-carotene market is witnessing significant growth fueled by increasing consumer awareness and evolving dietary preferences. This article delves into the market outlook, drivers, and emerging trends shaping the beta-carotene industry landscape.

๐†๐ž๐ญ ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐๐ƒ๐… ๐‚๐จ๐ฉ๐ฒ ๐จ๐Ÿ ๐ญ๐ก๐ข๐ฌ ๐ซ๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ @ https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=59445

Key Players and Market Developments
Koninklijke DSM N.V., BASF SE., Vidya Herbs PVT Ltd., Chr. Hansen A/S DDW The Colour House Corporation, Novus International, Allied Biotech Corporation, Vinayak Ingredients India Pvt Ltd., Nutralliance is US, BioExtract, and Carotech Berhad are some of the key players working in the global beta-carotene market

Market Outlook

The beta-carotene market is experiencing robust growth, driven by its widespread adoption as a natural colorant in food and beverages, rising demand for dietary supplements, and expanding applications in pharmaceuticals and cosmetics. With consumers gravitating towards natural ingredients, beta-carotene's role as a source of natural color and precursor to vitamin A has propelled its popularity across various sectors. Moreover, the introduction of natural beta-carotene in organic cosmetics is expected to further drive market growth in the coming years, particularly in Europe where it is the preferred colorant in food processing industries.

Market Drivers

Natural Colorant Demand: Beta-carotenes serve as natural colorants, offering shades of red, yellow, and orange in various food products. With the increasing preference for natural ingredients, food processing industries are incorporating beta-carotenes to meet consumer demand for clean-label products.

Combatting Vitamin A Deficiencies: The prevalence of vitamin A deficiencies, especially in developing economies, has spurred the fortification of functional foods with beta-carotene to address public health concerns. This trend is driving the consumption of beta-carotene as a vital ingredient in processed grains, fruit extracts, and other fortified foods.

Pharmaceutical Applications: Beta-carotene's antioxidant properties and role as a precursor to vitamin A make it a valuable ingredient in pharmaceutical formulations. Its use in developing cognitive medicines and antioxidant-rich supplements has contributed to its growing demand in the pharmaceutical sector.

Health Benefits: Studies have shown that dietary intake of beta-carotenes may reduce the risk of type-2 diabetes and certain cancers. As awareness of these health benefits increases, so does the demand for beta-carotene supplements and fortified foods aimed at promoting overall health and well-being.

๐๐ฎ๐ฒ ๐ญ๐ก๐ข๐ฌ ๐๐ซ๐ž๐ฆ๐ข๐ฎ๐ฆ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐‘๐ž๐ฉ๐จ๐ซ๐ญ | ๐ˆ๐ฆ๐ฆ๐ž๐๐ข๐š๐ญ๐ž ๐ƒ๐ž๐ฅ๐ข๐ฏ๐ž๐ซ๐ฒ ๐€๐ฏ๐š๐ข๐ฅ๐š๐›๐ฅ๐ž ๐š๐ญ - https://www.transparencymarketresearch.com/checkout.php?rep_id=59445<ype=S
Emerging Trends

Clean Label Products: Consumers are increasingly seeking transparency in product labels, driving the demand for clean-label products free from artificial additives. Beta-carotenes, as natural colorants, are well-positioned to meet this demand and are being incorporated into a wide range of clean-label food and beverage products.

Functional Cosmetics: The use of beta-carotene in natural and organic cosmetics is gaining traction as consumers prioritize skincare products with natural ingredients. Cosmetic manufacturers are leveraging beta-carotene's antioxidant properties to develop skincare formulations aimed at promoting skin health and vitality.

Expanded Applications: Beyond traditional sectors like food and pharmaceuticals, beta-carotene is finding new applications in animal feed, where its antioxidant properties contribute to animal health and nutrition.

About Us Transparency Market Research
Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. The firm scrutinizes factors shaping the dynamics of demand in various markets. The insights and perspectives on the markets evaluate opportunities in various segments. The opportunities in the segments based on source, application, demographics, sales channel, and end-use are analysed, which will determine growth in the markets over the next decade.

Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision-makers, made possible by experienced teams of Analysts, Researchers, and Consultants. The proprietary data sources and various tools & techniques we use always reflect the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in all of its business reports.

Contact Us

Nikhil Sawlani
Transparency Market Research Inc.
CORPORATE HEADQUARTER DOWNTOWN,
1000 N. West Street,
Suite 1200, Wilmington, Delaware 19801 USA
Tel: +1-518-618-1030
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