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Global Beta Carotene API Market Growth 2024-2030

Global Beta Carotene API Market Growth 2024-2030

Product Code:1179238

Published Date: Apr 22,2024

Pages: 113

Region: Global

Category: Food & Beverages

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Beta carotene is an orange lipophilic terpenoid pigment found in plants and fruits. And it is a provitamin of vitamin A, meaning it is transformed to active vitamin A in the body. Beta carotene powder is a member of the carotenes, and it is distinguished by having beta-rings at both ends of the molecule. Beta carotene is the most common form of carotene in plants. The Beta Carotene industry can be broken down into several segments, Natural Product Extraction, Chemical Synthesis, etc. Across the world, the major players cover DSM, BASF, etc.

The global Beta Carotene API market size is projected to grow from US$ million in 2024 to US$ million in 2030; it is expected to grow at a CAGR of %from 2024 to 2030.

LP Information, Inc. (LPI) ' newest research report, the “Beta Carotene API Industry Forecast” looks at past sales and reviews total world Beta Carotene API sales in 2023, providing a comprehensive analysis by region and market sector of projected Beta Carotene API sales for 2024 through 2030. With Beta Carotene API sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Beta Carotene API industry.

This Insight Report provides a comprehensive analysis of the global Beta Carotene API landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Beta Carotene API portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Beta Carotene API market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Beta Carotene API and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Beta Carotene API.

The production of beta carotene powder is through natural product extraction, chemical synthesis, microalgae extraction and fermentation method. And chemical synthesis method took up about 82% of the total consumption volume. Currently, there are limited producing companies in the world beta carotene powder industry. The main market players are DSM, BASF, Divi's Nutraceuticals, Zhejiang Medicine, Allied Biotech, Chr Hansen, LYCORED, etc. Top 5 company production took up about 89% of the global market.

This report presents a comprehensive overview, market shares, and growth opportunities of Beta Carotene API market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
    Natural Product Extraction
    Chemical Synthesis
    Fermentation Method

Segmentation by Application:
    Food and Beverages
    Feed Supplement
    Cosmetic Additives
    Others

This report also splits the market by region:
    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
    DSM
    BASF
    Allied Bictech
    Chr Hansen
    LYCORED
    FMC Corporation
    DDW
    Zhejiang Medicine
    HJ-Rise International
    Zixin
    Wuhan Stars

Key Questions Addressed in this Report
What is the 10-year outlook for the global Beta Carotene API market?
What factors are driving Beta Carotene API market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Beta Carotene API market opportunities vary by end market size?
How does Beta Carotene API break out by Type, by Application?