Dublin, Dec. 17, 2024 (GLOBE NEWSWIRE) -- The "Beet Root Powder Market - Global Industry Size, Share, Trends, Opportunity and Forecast, 2019-2029F" report has been added to ResearchAndMarkets.com's offering.
The Beet Root Powder Market was valued at USD 411.72 Million in 2023, and is expected to reach USD 542.45 Million by 2029, rising at a CAGR of 4.76%.
The global beetroot powder market is experiencing steady growth, driven by rising health consciousness and the increasing preference for natural and organic food products. Beetroot powder, derived from dehydrated and ground beets, is widely valued for its high nutritional content, including essential vitamins, minerals, and antioxidants. Its versatility in various applications, such as health supplements, smoothies, baked goods, and natural food colorants, has significantly contributed to its growing demand. 
Key Market Trends
Technological Advancements in Processing and Product Innovation
Technological advancements in beetroot powder production are also driving market growth. Innovations in drying and processing technologies have made it possible to produce high-quality beetroot powder with better preservation of its nutritional content, flavor, and color. Freeze-drying, air-drying, and vacuum drying techniques are helping to improve the shelf life and stability of beetroot powder while retaining its key nutrients and antioxidants.
Moreover, advancements in product innovation are creating new opportunities for beetroot powder across a variety of industries. In the food and beverage industry, manufacturers are developing new applications for beetroot powder, such as functional snacks, energy bars, health drinks, and natural food colorants. The versatility of beetroot powder in product formulation has made it an attractive ingredient for companies looking to meet the growing demand for functional foods that provide specific health benefits.
In the nutritional supplement sector, there is an increasing trend toward customized products. Personalized nutrition, where supplements and functional foods are tailored to individual health needs, is a rising trend that is expected to boost the demand for beetroot powder. Manufacturers are exploring innovative ways to incorporate beetroot powder into new formulations that meet the specific health concerns of consumers, such as immune health, weight management, and cardiovascular support.
Rising Demand for Natural and Organic Products
One of the most significant trends in the global beetroot powder market is the growing consumer demand for natural and organic products. As people become more health-conscious and increasingly aware of the potential health risks associated with synthetic additives, there is a notable shift toward natural ingredients. Beetroot powder, which is derived from dehydrated and ground beets, fits perfectly into this trend, as it is seen as a wholesome and pure ingredient free from artificial chemicals.
The rising preference for organic food products is also driving the market's growth. Beetroot powder is often marketed as an organic product, especially when it is sourced from farms that use sustainable farming practices and avoid synthetic pesticides and fertilizers. Organic certification adds value to the product and appeals to a growing segment of consumers who prioritize organic and clean-label products. As a result, organic beetroot powder is gaining traction in the market, with more manufacturers adopting organic farming practices to meet consumer demand.
This trend is not only seen in food products but also in the beauty and personal care sector. Consumers are increasingly opting for organic skincare and cosmetic products, driving the demand for beetroot powder as a natural colorant. The clean-label movement, which focuses on transparency and the avoidance of artificial ingredients, is likely to continue influencing the growth of beetroot powder as consumers demand more sustainable, natural, and health-promoting products.
Regional Insights
North America is the dominating region in the global beetroot powder market, driven by increasing consumer awareness of health and wellness benefits. The rising popularity of functional foods, dietary supplements, and plant-based products in the region has significantly contributed to the demand for beetroot powder.
Consumers in North America are highly focused on products that promote cardiovascular health, boost energy, and support athletic performance, all of which align with beetroot powder's benefits. Additionally, the region's established retail infrastructure and e-commerce platforms make it easier for consumers to access a wide variety of beetroot powder products.
Key Market Players
- Xi'an Green Spring Technology Co.
- PRiiS Trading Company
- Jeeva Organic Private
- Carrington Tea Company
- PharmaCare Laboratories Pty Ltd (Bioglan)
- Nature's Way Brands
- Botanical Ingredients Ltd.
- GO Superfoods Ltd
- Terrasoul Superfoods
- Indigo Herbs Ltd
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 181 |
| Forecast Period | 2023 - 2029 |
| Estimated Market Value (USD) in 2023 | $411.72 Million |
| Forecasted Market Value (USD) by 2029 | $542.45 Million |
| Compound Annual Growth Rate | 4.7% |
| Regions Covered | Global |
Report Scope:
In this report, the Global Beet Root Powder Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:
Beet Root Powder Market, By Product:
- Conventional
- Organic
Beet Root Powder Market, By Application:
- Food & Beverage
- Cosmetics & Personal Care
- Nutraceuticals & Dietary Supplements
- Others
Beet Root Powder Market, By Distribution Channel:
- Offline
- Online
For more information about this report visit https://www.researchandmarkets.com/r/moomqz
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