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.
This report contains market size and forecasts of Beta Carotene in global, including the following market information:
- Global Beta Carotene Market Revenue, 2018-2023, 2023-2030, ($ millions)
- Global Beta Carotene Market Sales, 2018-2023, 2023-2030, (MT)
Global top five Beta Carotene companies in 2022 (%)
The global Beta Carotene market was valued at 312.6 million in 2022 and is projected to reach US$ 378.6 million by 2030, at a CAGR of 2.8% during the forecast period 2023-2030.
The U.S. Market is Estimated at $ Million in 2022, While China is Forecast to Reach $ Million by 2030.
Natural Product Extraction Segment to Reach $ Million by 2030, with a % CAGR in next six years.
The global key manufacturers of Beta Carotene include DSM, BASF, Allied Bictech, Chr Hansen, LYCORED, FMC Corporation, DDW, Zhejiang Medicine and HJ-Rise International, etc. In 2022, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has 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, 2023-2030 ($ Millions) & (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, 2023-2030 ($ Millions) & (MT)
Global Beta Carotene Market Segment Percentages, by Application, 2022 (%)
- Food and Beverages
- Feed Supplement
- Cosmetic Additives
- Others
Global Beta Carotene Market, By Region and Country, 2018-2023, 2023-2030 ($ Millions) & (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), (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
