Global beta carotene market is anticipated to grow at a significant CAGR of 11.3% during the forecast period (2024-2031). The increasing consumer awareness regarding the health benefits associated with beta carotene consumption is a key factor driving the global market. Beta carotene, a natural pigment found in various fruits and vegetables, is a precursor of vitamin A and acts as a potent antioxidant in the human body. Its role in promoting eye health, boosting immune function, and reducing the risk of chronic diseases such as cancer and cardiovascular diseases has garnered significant attention among health-conscious consumers.
Browse the full report description of “Beta Carotene Market Size, Share & Trends Analysis Report bySource (Fruits & Vegetables, Algae, Synthetic, Yeast, Fungi and Bacteria), by Application (Food & Beverages, Pharmaceuticals, Cosmetics, Animal Feed and Dietary Supplements), by Product (Synthetic Beta Carotene and Natural Beta Carotene) and by Form (Powder and Liquid) Forecast Period (2024-2031)” at https://www.omrglobal.com/industry-reports/beta-carotene-market
To gain on this opportunity key player are entering into mergers & acquisitions to expand their share in the beta carotene market. For instance, in April 2023, Givaudan revealed its acquisition of Amyris Inc.'s significant portfolio of cosmetic ingredients. This strategic move aims to bolster Givaudan's presence in the cosmetic and personal care sector, enabling the provision of natural, chemical-free products infused with beta-carotene.
Further, in December 2022, Bitmis Corp. announced the successful completion of its merger with Cambell International Holdings Ltd. This strategic merger is focused on advancing research and development efforts towards the extraction process of natural beta-carotene. Additionally, the merger aims to strengthen capacities in the production, distribution, marketing, and sales of beta-carotene health food products.
Market Coverage
• The market number available for – 2023-2031
• Base year- 2023
• Forecast period- 2024-2031
• Segment Covered-
o By Source
o By Application
o By Product
o By Form
• Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World
• Competitive Landscape- includes BASF SE, E.I.D. –Parry (India) Ltd., Otsuka Pharmaceutical Co., Ltd., DSM, Sensient Technologies Corp. and others.
Key questions addressed by the report.
Global Beta Carotene Market Report Segment
By Source
By Application
By Product
By Form
Global Beta Carotene Market Report Segment by Region
North America
• United States
• Canada
Europe
• UK
• Germany
• Italy
• Spain
• France
• Rest of Europe
Asia-Pacific
• China
• India
• Japan
• South Korea
• Rest of Asia-Pacific
Rest of the World
• Latin America
• Middle East & Africa
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