Jersey City, New Jersey, Dec. 15, 2022 (GLOBE NEWSWIRE) -- Verified Market Research® recently published a report, “Beta-Carotene Market” By Type (Natural Product Extraction, Chemical Synthesis, and Fermentation Method), By Application (Food and Beverages, Feed Supplements, and Cosmetic Additives), and By Geography.
As per the deep research carried out by Verified Market Research®, the global Beta-Carotene Market size was valued at USD 301 Billion in 2020 and is projected to reach USD 404 Billion by 2028, growing at a CAGR of 3.7% from 2021 to 2028.
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Browse in-depth TOC on “Beta-Carotene Market”
202 - Pages
126 – Tables
37 – Figures
Global Beta-Carotene Market Overview
Beta-carotene is a fat-soluble vitamin that is generally obtained from plants. Besides plants, carotene can also be found in some algae and fungi. Beta-carotene has a reddish-orange colored pigment which is abundant in fruits and vegetables of the same color. Beta-carotene can inhibit free radicals found in the body which cause harmful effects on RNAs. Hence, carotenoids are considered helpful in maintaining healthy skin, preventing cancer, slowing down aging effects, and managing cardiovascular diseases.
In recent years, the awareness of the health benefits offered by carotene has increased drastically which has boosted the market for beta-carotene. Another major reason behind the growing demand for beta-carotene is the rapidly rising geriatric population which deliberately requires carotene supplements. Carotene is a naturally found color pigment, hence it is also used in the food and nutrients industry as a coloring agent. Women who look for natural and safe skin rejuvenation supplements are now choosing carotene-based supplements because of all the benefits offered by beta-carotene. During the forecast period, due to the various applications of beta-carotene in the food industry, dietary supplements, and cosmetics, the market for beta-carotene is expected to grow exponentially.
Verified Market Research® narrows down the available data using primary sources to validate the data and use it in compiling a full-fledged market research study. The report contains a quantitative and qualitative estimation of market elements that interests the client. The “Global Beta-Carotene Market” is mainly bifurcated into sub-segments which can provide classified data regarding the latest trends in the market.
Key Players
The “Global Beta-Carotene Market” study report will provide valuable insight with an emphasis on the global market. The major players in the market are BASF, Allied Biotech, Chr Hansen, LYCORED, FMC Corporation, DDW, Zhejiang Medicine, HJ-Rise International, Zixin, Sensient Colors LLC, and DSM.
Based on the research, Verified Market Research® has segmented the global Beta-Carotene Market into Type, Application, and Geography.
- Beta-Carotene Market, by Type
- Natural Product Extraction
- Chemical Synthesis
- Fermentation Method
- Beta-Carotene Market, by Application
- Food and Beverages
- Feed Supplement
- Cosmetic Additives
- Beta-Carotene Market, by Geography
- North America
- U.S
- Canada
- Mexico
- Europe
- Germany
- France
- U.K
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- Rest of Asia Pacific
- ROW
- Middle East & Africa
- Latin America
- North America
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