Beta Carotene Market Share

  • Report ID: 267
  • Published Date: Dec 20, 2024
  • Report Format: PDF, PPT

Beta Carotene Market Share

North American Market Forecast   

North America industry is expected to hold largest revenue share of 36% by 2037. The growth of the market can be attributed majorly to the rise in the number of people suffering from chronic diseases. Beta-carotene shields the body from harmful chemicals known as free radicals. Oxidation is a mechanism that free radicals uses to harm cells and that further may result in a multitude of chronic conditions. Moreover, beta carotene also increases immunity against chronic disease management. According to the Centers for Disease Control and Prevention, every 6 in 10 adults in America is living with a chronic disease. Moreover, out of 10, 4 people adults have two or more chronic illnesses. Furthermore, the rising consumption of food and beverages is also expected to boost the demand for beta carotene market in the region. Beta carotene brings color and pigments to all types of food and beverages. Around 61% of American youngsters and nearly 50% of American adults regularly consume soda or other sugary drinks. 

APAC Market Statistics

The Asia Pacific beta carotene market, amongst the market in all the other regions, is projected to hold the largest market share by the end of 2037. The market growth in the region is expected on the account of rising cases of cancer in the region. From 2010 to 2019, India saw an increase in cancer cases at an average annual rate of approximately 1% to nearly 2%. The breast, lung, mouth, cervix, uterus, and tongue were the five primary sites of the disease. Besides this, the growth of the market in the Asia Pacific is also expected on the back of rising sales of dietary supplements. According to the International Trade Administration, Japan is the third-largest dietary supplement market in the world.

Research Nester
Get more information on this report: Request Free Sample PDF

Browse Key Market Insights with Data Illustration:


Author Credits:  Parul Atri


  • Report ID: 267
  • Published Date: Dec 20, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of beta carotene is evaluated at USD 682.66 million.

The beta carotene market size was valued at USD 632.13 million in 2024 and is expected to reach USD 1.17 billion by 2037, expanding at around 4.9% CAGR during the forecast period i.e., between 2025-2037. Increasing consumption of dietary supplements, rising cases of vision impairment, and rising demand for processed food will boost the market growth.

North America industry is expected to hold largest revenue share of 36% by 2037, due to rise in the number of people suffering from chronic diseases.

The major players in the market are 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
Inquiry Before Buying Request Free Sample
logo
  GET A FREE SAMPLE

FREE Sample Copy includes market overview, growth trends, statistical charts & tables, forecast estimates, and much more.

 Request Free Sample Copy

Have questions before ordering this report?

Inquiry Before Buying
Inquiry Before Buying Request Free Sample