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Global Beta-Carotene Market – Premium Insight, Industry Trends, FPNV Positioning Matrix, Competitive News Feed Analysis, Company Usability Profiles, Market Sizing & Forecasts to 2024
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The global beta-carotene market is expected to grow from USD 557.57 million in 2017 to USD 1,078.57 million by the end of 2024 at a Compound Annual Growth Rate (CAGR) of 9.88%.
“Increasing adoption of nutritious and supplement food is one of the factors largely attributing to the growth of beta-carotene market globally”
The factors attributing to the growth of the market are increasing adoption of nutritious and supplement food, growing awareness about the benefits of beta carotene, and aging population and increasing chronic diseases. However, some factors such as and potential side effects of the medication may hinder the market growth. The global beta-carotene market is expected to showcase the opportunities such as increasing adoption of algae-derived beta-carotene, and application of beta carotene in the food and beverages industry to provide color. In the near future, the market may face the possible challenges in the growth due to and effect of production parameters and stress conditions. However, the key players in the market are putting regressive efforts to provide innovative offerings and benchmark strategies in the global beta-carotene market.
On the basis of source, the global beta-carotene market is studied across Algae, Fungi, Palm oil, and Synthetic.
On the basis of application, the global beta-carotene market is studied across Animal Feed, Cosmetics & Personal Care, Food & Beverage, and Medical & Pharmaceuticals.
On the basis of geography, the global beta-carotene market is studied across the Americas, (United States, Brazil, Canada, Mexico, and Argentina) Europe, Middle East & Africa, (United Kingdom, Germany, France, Saudi Arabia, United Arab Emirates, Italy, and Russia) and Asia-Pacific (China, Japan, India, and Australia).
“Alga Technologies Ltd.: The potential growing player for the global beta-carotene market”
The key players profiled in the global beta-carotene market are Alga Technologies Ltd., BASF SE, Chr. Hansen Holding A/S, DSM Nutritional Products AG, Foodchem International Corporation, Kemin Industries, Inc., LycoRed Ltd., Overseal Natural Ingredients Ltd., Phytone Limited, and Sensient Technologies Corporation.
The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on sulfuric acid offered by the key players in the global beta-carotene market.
2. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and new product developments in the global beta-carotene market.
3. Market Development: Provides in-depth information about lucrative emerging markets and analyzes the markets for the global beta-carotene market.
4. Market Diversification: Provides detailed information about new products launches, untapped geographies, recent developments, and investments in the global beta-carotene market.
5. Competitive Assessment & Intelligence: Provides exhaustive assessment of market shares, strategies, products, and manufacturing capabilities of the leading players in the global beta-carotene market.
Table of Contents
1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
2. Research & Forecasting
2.1. Research Methodology
2.1.1. Research Instruments
22.214.171.124. Secondary Instrument
126.96.36.199. Primary Instrument
2.1.2. Research Approaches
188.8.131.52. Bottom-up Approach
184.108.40.206. Top-down Approach
2.1.3. Research Reliability & Validity
2.1.4. Research Assumptions
2.1.5. Vendor Inclusion Criteria
2.2. Forecasting Methodology
2.2.1. Methodology for Market Estimation & Forecasting
2.2.2. Significance and Importance of the Market Estimation & Forecasting
3. Executive Summary
4. Premium Insight
4.1. Market Connectivity
4.2. Market Data Feed
4.3. Market Vendor Ranking Analysis
4.4. Market Dynamics
220.127.116.11. Increasing adoption of nutritious and supplement food
18.104.22.168. Growing awareness about the benefits of beta carotene
22.214.171.124. The aging population and increasing chronic diseases
126.96.36.199. Potential side effects of medication
188.8.131.52. Increasing adoption of algae-derived beta-carotene
184.108.40.206. Application of beta carotene in the food and beverages industry to provide color
220.127.116.11. Effect of production parameters and stress conditions
4.5. Porter’s Five Forces Analysis
4.5.1. The threat of New Entrants
4.5.2. Threat of Substitutes
4.5.3. Bargaining Power of Customers
4.5.4. Bargaining Power of Suppliers
4.5.5. Industry Rivalry
4.6. Value Chain Analysis
4.7. Strategic Imperatives
5. Global Beta-Carotene Market, by Source
5.4. Palm oil
6. Global Beta-Carotene Market, by Application
6.2. Animal Feed
6.3. Cosmetics & Personal Care
6.4. Food & Beverage
6.5. Medical & Pharmaceuticals
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