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Beta-Carotene Market to Witness Boost Owing to Rising Application in Food & Beverage Industry by 2023: Radiant Insights, Inc.
to know more details about report 2023.
Based on source, beta-carotene market is divided into sweet potato, carrots, pumpkin and others. Owing to high demand for carrots due to its benefits, carrots segment leads beta-carotene market. In terms of application, the market is split into feed, supplements, food and beverages and cosmetics. Since beta carotene is increasingly used for providing color, food and beverage segment is predicted to hold larger share of the market. Geographically, beta-carotene market is segmented as North America , Europe , Asia Pacific and Middle East & Africa . North America is projected to dominate the market owing to increasing number of health conscious consumers. The major players in beta-carotene market include Cyanotech Corporation, Phytone, Algatechnologies, Overseal Natural Ingredients, Pharmline, Kemin Industries, Valensa International, LycoRed, Sensient Technologies, and Mera Pharmaceuticals.
Global beta-carotene market is anticipated to grow at a CAGR of 4.08% by 2023, according to a new report published by Gen Consulting Company. The report segments the market and forecasts its size, by volume and value, on the basis of application, by products, and by geography ( North America , Europe , Asia-Pacific , MEA and South America ).The Global Market for beta-carotene to 2023 offers detailed coverage of beta-carotene industry and presents main market trends. The market research gives historical and forecast market size, demand and production forecasts, end-use demand details, price trends, and company shares of the leading beta-carotene producers to provide exhaustive coverage of the beta-carotene.
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