Beta Carotene Market Analysis

  • Report ID: 267
  • Published Date: Jun 24, 2024
  • Report Format: PDF, PPT

Beta Carotene Market Analysis

Source (Fruits & Vegetables, Algae, Synthetic, Yeast, Fungi, Bacteria)

The global beta carotene market is segmented and analyzed for demand and supply by source into fruits & vegetables, algae, synthetic, yeast, fungi, and bacteria. Out of the six sources of beta carotene, the fruits & vegetables segment is estimated to gain the largest market share over the projected time frame. The growth of the segment can be attributed to the high concentration of beta-carotene in fruits and vegetables. The brilliant color of red, orange, and yellow veggies is caused by a plant ingredient called beta-carotene. Moreover, basic fruits and vegetables are easily available and affordable for people who cannot afford dietary supplements. Sweet potatoes, carrots, dark leafy greens, butternut squash, cantaloupe, lettuce, red bell peppers, apricots, broccoli, and peas are examples of foods high in beta-carotene. For instance, bakes sweet potatoes have around 11,500 mcg of beta carotene in every 100g. Moreover, nearly 8000 mcg beta carotene is found in per 100 gm of carrot.

Product (Synthetic, Natural)

The global beta carotene market is also segmented and analyzed for demand and supply by product into synthetic beta carotene, and natural beta carotene. Out of the two segments, the natural beta segment is expected to have the major market share on the back of rising consumption of natural sources of beta carotene, such as fruits and vegetables. It is said, the more intense the color of the fruits or vegetables, the higher amount of beta-carotene they contain. The brilliant color of red, orange, and yellow veggies is caused by a plant ingredient called beta-carotene. Moreover, the absorption of natural beta carotene from various fruits and vegetables can be increased by consuming healthy fats, such as avocado, olive oil, nuts or seeds.

Our in-depth analysis of the global market includes the following segments:

          By Source

  • Fruits & Vegetables
  • Algae
  • Synthetic
  • Yeast
  • Fungi
  • Bacteria

         By Form

  • Powder
  • Liquid

        By Application

  • Pharmaceuticals
  • Cosmetics
  • Animal Feed
  • Food & Beverages
  • Dietary Supplements

        By Product

  • Synthetic Beta Carotene
  • Natural Beta Carotene
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Browse Key Market Insights with Data Illustration:


Author Credits:  Parul Atri


  • Report ID: 267
  • Published Date: Jun 24, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2024, the industry size of beta carotene is assessed at USD 631.52 Million.

The beta carotene market size was valued at USD 602.6 Million in 2023 and is anticipated to reach USD 1.11 Billion by the end of 2036, expanding at around 4.8% CAGR during the forecast period i.e., between 2024-2036. Increasing consumption of dietary supplements, rising cases of vision impairment, and rising demand for processed food are the major factors driving the market growth.

North America is expected to hold largest industry share by 2036, due to rise in the number of people suffering from chronic diseases.

Mera Pharma GmbH, Kemin Industries, Inc., Algatech Ltd., Chr. Hansen Holdings A/S, Phytone Limited, Cyanotech Corporation, Royal DSM, Overseal Natural Ingredients Ltd., Pharmline Marketing PTE LTD., Sensient Technologies Corporation
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