Global β-Carotene market cagr 15.1%

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β-Carotene Market

β-Carotene Market Scope: Industry Analysis, Market

Size, Growth, Trends Till 2031

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β-Carotene Market Size and Growth

The β-Carotene market is expanding due to rising demand in food, cosmetics, and dietary supplements. The global market size is projected to reach approximately USD 800 million by 2027, driven by health trends and natural product preferences. Competitive landscape emphasizes innovation and sustainability in production methods.

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Companies Covered

(Covid 19 Impact Covered)

◍ DSM

◍ BASF

◍ Allied Biotech

◍ Chr Hansen

◍ Lycored

◍ FMC Corporation

◍ DDW

◍ Zhejiang Medicine

◍ HJ-Rise International

◍ Zixin

◍ Wuhan Stars

The β-Carotene market features key players like DSM, BASF, and Chr Hansen, focusing on natural colorants for food and supplements. Companies innovate in product development, enhancing applications in health and wellness. Sales revenue from these firms, such as DSM's €10 billion, fosters market growth through strong distribution and research.

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Market Segmentation

By Application

◍ Food and Beverages

◍ Feed Supplement

◍ Cosmetic Additives

◍ Drug & Health Products

◍ Others

By Product

◍ Natural Product Extraction

◍ Chemical Synthesis

◍ Microalgae Extraction

◍ Fermentation Method

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Market Growth

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$ X Billion USD

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