Beta-Carotene is colourful pigments which unveil defensive properties against numerous dreadful diseases. A few carotenoids are rehabilitated by the body into Vitamin A. Certain carotenoids display antioxidant behavior, which safeguards the lining of arteries. They play a key role in cancer hindrance. Carotenes offer fortification from heart diseases. Beta-carotene is used to treat skin problems triggered due to extreme exposure to the sun. Beta-Carotene grasps the maximum market share in carotenoids, owing to its skin-protective properties.
MARKET DYNAMICS
Rising consumer awareness about anti-aging, anti-cancer, and other health welfares of beta carotenes has led to an increased in demand for these elements in feed, food, and personal care products. Swiftly aging population and upsurge in existence related chronic diseases are what help boost the demand for health and food supplements that contain beta carotenes. Cosmeceuticals and personal care provide a lucrative market potential. The anti-aging supplements and cosmetics are in demand from customers, globally. Beta-carotenes constituents are hence going to be in demand as organic nutritional additives in dietary supplements as well as cosmetic products.
MARKET SCOPE
The "Global Beta-Carotene Market Analysis to 2028" is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the beta-carotene with detailed market segmentation by source and application. The global beta-carotene market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading beta-carotene market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global beta-carotene market is segmented on the basis of source into algae, fungi, palm oil, synthetic, and others. On the basis of application the beta-carotene market is segmented into food and beverage, animal feed, dietary supplements, pharmaceuticals, others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global beta-carotene market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The beta-carotene market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the beta-carotene market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the beta-carotene market in these regions.
MARKET PLAYERS
The reports cover key developments in the beta-carotene market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market players from beta-carotene market are anticipated to lucrative growth opportunities in the future with the rising demand for beta-carotene in the global market. Below mentioned is the list of few companies engaged in the beta-carotene market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the beta-carotene market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- BASF SE
- DSM NV
- FoodChem International Corporation
- Flavorchem Corporation
- Lycored
- BioExtract
- DD Williamson and Co. Inc.
- Nutralliance
- Parry Nutraceuticals
- Zhejiang Medical Co. Ltd.
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.