Beta-Carotene Market

The global Beta-Carotene market was valued at US$ 312.6 million in 2022 and is projected to reach US$ 391.1 million by 2029, at a CAGR of 3.3% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

Beta carotene is an orange lipophilic terpenoid pigment found in plants and fruits. And it is a provitamin of vitamin A, meaning it is transformed to active vitamin A in the body. Beta carotene powder is a member of the carotenes, and it is distinguished by having beta-rings at both ends of the molecule. Beta carotene is the most common form of carotene in plants.

The Beta Carotene industry can be broken down into several segments, Natural Product Extraction, Chemical Synthesis, etc.

Across the world, the major players cover DSM, BASF, etc.

Beta-Carotene Market aims to provide a comprehensive presentation of the global market for Beta-Carotene, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Beta-Carotene. Beta-Carotene Market contains market size and forecasts of Beta-Carotene in global, including the following market information:

• Global Beta-Carotene Market Revenue, 2018-2023, 2024-2030, ($ millions)
• Global Beta-Carotene Market Sales, 2018-2023, 2024-2030, (K MT)
• Global top five Beta-Carotene companies in 2022 (%)

The production of beta carotene powder is through natural product extraction, chemical synthesis, microalgae extraction and fermentation method. And chemical synthesis method took up about 82% of the total consumption volume.

Currently, there are limited producing companies in the world beta carotene powder industry. The main market players are DSM, BASF, Divi's Nutraceuticals, Zhejiang Medicine, Allied Biotech, Chr Hansen, LYCORED, etc. Top 5 company production took up about 89% of the global market.

We surveyed the Beta-Carotene manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Beta-Carotene Market, by Type, 2018-2023, 2024-2030 ($ Millions) & (K MT)

Global Beta-Carotene Market Segment Percentages, by Type, 2022 (%)

• Natural Product Extraction
• Chemical Synthesis
• Fermentation Method

Global Beta-Carotene Market, by Application, 2018-2023, 2024-2030 ($ Millions) & (K MT)

Global Beta-Carotene Market Segment Percentages, by Application, 2022 (%)

• Food and Beverages
• Feed Supplement
• Cosmetic Additives
• Drug & Health Products
• Others

Global Beta-Carotene Market, By Region and Country, 2018-2023, 2024-2030 ($ Millions) & (K MT)

Global Beta-Carotene Market Segment Percentages, By Region and Country, 2022 (%)

• North America
• US
• Canada
• Mexico
• Europe
• Germany
• France
• U.K.
• Italy
• Russia
• Nordic Countries
• Benelux
• Rest of Europe
• Asia
• China
• Japan
• South Korea
• Southeast Asia
• India
• Rest of Asia
• South America
• Brazil
• Argentina
• Rest of South America
• Middle East & Africa
• Turkey
• Israel
• Saudi Arabia
• UAE
• Rest of Middle East & Africa

Competitor Analysis

The report also provides analysis of leading market participants including:

Key companies Beta-Carotene revenues in global market, 2018-2023 (Estimated), ($ millions)

Key companies Beta-Carotene revenues share in global market, 2022 (%)

Key companies Beta-Carotene sales in global market, 2018-2023 (Estimated), (K MT)

Key companies Beta-Carotene sales share in global market, 2022 (%)

Further, the report presents profiles of competitors in the market, key players include:

• DSM
• BASF
• Allied Bictech
• Chr Hansen
• LYCORED
• FMC Corporation
• DDW
• Zhejiang Medicine
• HJ-Rise International
• Zixin
• Wuhan Stars

Outline of Major Chapters:

Chapter 1: Introduces the definition of Beta-Carotene, market overview.

Chapter 2: Global Beta-Carotene market size in revenue and volume.

Chapter 3: Detailed analysis of Beta-Carotene manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.

Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 6: Sales of Beta-Carotene in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.

Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.

Chapter 8: Global Beta-Carotene capacity by region & country.

Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.

Chapter 11: The main points and conclusions of the report.