Sep 29, 2017   SOURCE: BusinessWire

Global Beta Carotene Market to 2025 - Growth Trends, Key Players, Competitive Strategies - Research and Markets

The "Global Beta Carotene Market Size, Market Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies and Forecasts, 2017 - 2025" report has been added to Research and Markets' offering.

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 - 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.

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.

Key Topics Covered:

Chapter 1 Preface

Chapter 2 Executive Summary

Chapter 3 Introduction

Chapter 4 Global Beta Carotene Market, By Product Type

Chapter 5 Global Beta Carotene Market, By Application Type

Chapter 6 Global Beta Carotene Market, Regional Analysis

Chapter 7 Competitive Analysis

  • BASF
  • DSM
  • Kemin Industries
  • Cyanotech Corporation
  • Sensient Technologies
  • Allied Biotech Corp. Ltd
  • Divis Laboratories
  • D.D.Williamson & Co
  • LycoRed
  • Zhejiang NHU Co.,Ltd

For more information about this report visit https://www.researchandmarkets.com/research/slqphl/global_beta