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Global Beta Carotene Market Size, Market Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies and Forecasts, 2017 To 2025

Published: Mar 2016 | Published By: Acute Market Research

Beta Carotene Market was calculated to be USD 436.67 million and is projected to reach USD 572.78 million by 2022, growing at a CAGR of 3.5% from 2015 to 2022. In 2017, in terms of volume the market demand market was 371.56 tons and is projected to reach 451.81 tons by 2025 at a CAGR of 2.7% for the same forecast period.

The global market for beta carotene is witnessing growth on the back of rising health concerns and increased importance of intake of beta carotene. Moreover, shift in trends towards natural ingredients is another factor driving towards the market growth. But, due to excessive intake of beta carotene can cause various effects on the human body therefore it is recommend to consumed in prescribed quantities only. However, rising demand from emerging economies and increasing demand of algae based carotene in functional and heath food provide huge market opportunities.

By product type, in 2014, synthetic beta carotene accounted for more than 70% of the market share in terms of volume as well as revenue. But growth is projected to highest from the natural segment which is projected to grow at a rate of 4.6% in terms of revenue during the forecast period from 2015 to 2022.

By applications type, food and beverages segment accounted for 40% share of the pie in terms of volume and revenue in 2014 and is projected to maintain their dominance during the forecast period. Growth is projected to be highest from the supplements segment which is projected to grow at a CAGR of 3.1% in terms of volume from 2015 to 2022 owing to rising health concerns, increasing awareness about the benefits of beta carotene and busy life style. Cosmetics segment is another major application which will witness potential growth during the forecast period.

In 2014, by region, Europe and North America together accounted for more than 70% share of the pie in terms of volume and revenue. Europe is projected to grow at a rate of 3.1% in terms of volume from 2015 to 2022. The U.S. is the largest market globally for beta carotene and is projected to grow at a rate of 3.5% in terms of revenue. Asia Pacific region is projected to witness fastest growth rate in both, volume and revenue. The Asia Pacific market in terms of revenue is projected to grow at a CAGR of 3.7% from 2015 to 2022. In, Asia Pacific, Japan accounted for the largest share but growth is projected to highest from India and China. RoW is also projected to witness moderate growth rate. Economies such as Brazil, Turkey, Saudi Arabia offers huge untapped market opportunities.

The market for beta carotene is highly competitive, two major players BASF and DSM accounts for 55% share of the market. These European players are facing stiff competition from the Indian and Chinese players. More than 20% share of the pie is accounted by Chinese and Indian Players. There are many other larger, medium, and small manufacturers and private label players present in the market but only accounts for major market share. Some of the other players in this market are Allied Biotech Corp. Ltd, Naturex SA, Chr. Hansen, and Zhejiang NHU Co.,Ltd among others.

Chapter 1 Preface
1.1 Report Description
1.1.1 Purpose of the Report
1.1.2 Target Audience
1.1.3 USP and Key Offerings
1.2 Market Segmentation
1.3 Research Methodology
1.3.1 Phase I – Secondary Research
1.3.2 Phase II – Primary Research
1.3.3 Phase III – Expert Panel Review
1.3.4 Approach Adopted
1.3.5 Key Points

Chapter 2 Executive Summary
2.1 Market Snapshot: Global Beta Carotene Market

Chapter 3 Introduction
3.1 Introduction
3.2 Classification
3.3 Production Techniques
3.4 Pricing Analysis
3.5 Intake Recommendations
3.6 Guidelines according to FDA (U.S Food and Drug Administration)
3.7 Global Market Trend
3.7.1 Health benefiting role of beta carotene
3.7.2 Rising Demand from end user applications
3.7.3 Beta-Carotene markets are the mega trend of natural colorants
3.8 Market Restraint
3.8.1 Toxic effects of excessive intake of beta carotene
3.9 Opportunity
3.9.1 Demand for natural functional food and health food drives use of algae derived beta carotene
3.9.2 Increasing purchasing power of emerging economies
3.10 Supply Chain
3.11 Porter’s five force analysis
3.11.1 Bargaining power of suppliers
3.11.2 Bargaining power of buyers
3.11.3 Threat of new entrants
3.11.4 Threat of substitutes
3.11.5 Degree of competition

Chapter 4 Global Beta Carotene Market, By Product Type
4.1 By Product Type
4.1.1 Synthetic Beta Carotene
4.1.2 Natural Beta Carotene

Chapter 5 Global Beta Carotene Market, By Application Type
5.1 Food & Beverages
5.1.1 Global demand of beta carotene from the food & beverages application, (2017 - 2025), (USD Million), (Ton)
5.2 Supplements
5.2.1 Global demand of beta carotene from the supplements application, (2017 - 2025), (USD Million), (Ton)
5.3 Animal Feed
5.3.1 Global demand of beta carotene from the animal feed application, (2017 - 2025), (USD Million), (Ton)
5.4 Cosmetics
5.4.1 Global demand of beta carotene from the cosmetics application, (2017 - 2025), (USD Million), (Ton)

Chapter 6 Global Beta Carotene Market, Regional Analysis
6.1 Global Beta Carotene Market, regional analysis
6.2 North America
6.3 Europe
6.4 Asia Pacific
6.5 RoW

Chapter 7 Competitive Analysis
7.1 BASF
7.2 DSM
7.3 Kemin Industries
7.4 Cyanotech Corporation
7.5 LycoRed
7.6 Sensient Technologies
7.7 Allied Biotech Corp. Ltd
7.8 Divis Laboratories
7.9 Zhejiang NHU Co.,Ltd
7.10 D.D.Williamson & Co

Chapter 8 Conclusion

TABLE 1 Market Snapshot: Global Beta Carotene Market
TABLE 2 Beta Carotene used as a colorant
TABLE 3 Natural Sources of beta carotene
TABLE 4 GDP Per capita (USD $), 2011 - 2014
TABLE 5 North America Beta Carotene Market, Strategic Snapshot
TABLE 6 North America beta carotene market volume by region, 2017 - 2025, (Ton)
TABLE 7 North America beta carotene market revenue by region, 2017 - 2025, (USD Million)
TABLE 8 North America beta carotene market volume by product type, 2017 - 2025, (Tons)
TABLE 9 North America beta carotene market revenue by product type, 2017 - 2025, (USD Million)
TABLE 10 North America beta carotene market volume by application type, 2017 - 2025, (Tons)
TABLE 11 North America beta carotene market revenue by application type, 2017 - 2025, (USD Million)
TABLE 12 Europe Beta Carotene Market, Strategic Snapshot
TABLE 13 Europe beta carotene market volume by region, 2017 - 2025, (Ton)
TABLE 14 Europe beta carotene market revenue by region, 2017 - 2025, (USD Million)
TABLE 15 Europe beta carotene market volume by product type, 2012-2022, (Tons)
TABLE 16 Europe beta carotene market revenue by product type, 2017 - 2025, (USD Million)
TABLE 17 Europe beta carotene market volume by application type, 2017 - 2025, (Tons)
TABLE 18 Europe beta carotene market revenue by application type, 2017 - 2025, (USD Million)
TABLE 19 Asia Pacific Beta Carotene Market, Strategic Snapshot
TABLE 20 APAC beta carotene market volume by region, 2017 - 2025, (Ton)
TABLE 21 APAC beta carotene market revenue by region, 2017 - 2025, (USD Million)
TABLE 22 APAC beta carotene market volume by product type, 2017 - 2025, (Tons)
TABLE 23 APAC beta carotene market revenue by product type, 2017 - 2025, (USD Million)
TABLE 24 APAC beta carotene market volume by application type, 2017 - 2025, (Ton)
TABLE 25 APAC beta carotene market revenue by application type, 2017 - 2025, (USD Million)
TABLE 26 RoW Beta Carotene Market, Strategic Snapshot
TABLE 27 RoW beta carotene market volume by region, 2017 - 2025, (Ton)
TABLE 28 RoW beta carotene market revenue by region, 2017 - 2025, (USD Million)
TABLE 29 RoW beta carotene market volume by product type, 2017 - 2025, (Ton)
TABLE 30 RoW beta carotene market revenue by product type, 2017 - 2025, (USD Million)
TABLE 31 RoW beta carotene market volume by application type, 2017 - 2025, (Ton)
TABLE 32 RoW beta carotene market revenue by application type, 2017 - 2025, (USD Million)
TABLE 33 Competitive Analysis

FIG. 1 Global carotenoids market share by type, 2017 
FIG. 2 Global Market Trend for beta carotene market: Impact analysis (2017 – 2025)
FIG. 3 Global Natural Color Market, 2017 – 2025, (USD Million)
FIG. 4 Global Market restraint for beta carotene market: Impact analysis (2017 – 2025)
FIG. 5 Global Market opportunities for beta carotene market: Impact analysis (2017 – 2025)
FIG. 6 Global synthetic beta carotenoid market by product type, 2017 - 2025, (USD Million), (Tons)
FIG. 7 Global natural beta carotenoid market by product type, 2017 - 2025, (USD Million), (Tons)
FIG. 8 Global Beta Carotene Market, regional analysis, (2017 – 2025)

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