Quick Summary:
In a dynamically changing world, understanding markets is crucial to making informed business decisions. Amid shifting dietary trends and a growing consumer focus on health, the Synthetic Beta Carotene market is projected to reach US$802.9 million by 2030. Whether you're eyeing the existing US$645.1 million market or identifying new opportunities in Food & Beverage and the Supplements segments, this robust market research report provides unparalleled insights to help you navigate your strategic planning.
Entering or expanding in major geographic markets, such as the U.S., China, Japan, Canada, Germany, and the emerging Asia-Pacific, entails challenges and opportunities. This report imparts pivotal knowledge about these regions' market dynamics. Additionally, precise competitor analysis is indispensable for competitive positioning and a comprehensive understanding of the market landscape. This report provides an in-depth study of your potential adversaries, featuring 48 key players such as BioExtract, Chr. Hansen Holding A/S, FlavorChem Corporation, and more. Your strategic decision-making will benefit immensely from this comprehensive market guide.
Global Synthetic Beta Carotene Market to Reach $802.9 Million by 2030
The global market for Synthetic Beta Carotene estimated at US$645.1 Million in the year 2022, is projected to reach a revised size of US$802.9 Million by 2030, growing at a CAGR of 2.8% over the analysis period 2022-2030. Food & Beverage, one of the segments analyzed in the report, is projected to record a 2.6% CAGR and reach US$296.7 Million by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Supplements segment is readjusted to a revised 3.1% CAGR for the next 8-year period.
The U.S. Market is Estimated at $175.8 Million, While China is Forecast to Grow at 4.7% CAGR
The Synthetic Beta Carotene market in the U.S. is estimated at US$175.8 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$156.3 Million by the year 2030 trailing a CAGR of 4.7% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 1.5% and 2.4% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 1.9% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$102.2 Million by the year 2030.Select Competitors (Total 48 Featured) -
- BioExtract
- Chr. Hansen Holding A/S
- D.D. Williamson & Co., Inc.
- Flavorchem Corporation
- Foodchem International Corporation
- Lycored
- Nutralliance
- Parry Nutraceuticals
- Sensient Cosmetic Technologies
- Zhejiang Medicine Co., Ltd
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
What is the estimated value of the Global Market for Synthetic Beta Carotene?
What is the growth rate of the Global Market for Synthetic Beta Carotene?
What is the forecasted size of the Global Market for Synthetic Beta Carotene?
Who are the key companies in the Global Market for Synthetic Beta Carotene?
| Report Attribute | Details |
|---|---|
| No. of Pages | 96 |
| Published | December 2023 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value ( USD | $ 645.1 Million |
| Forecasted Market Value ( USD | $ 802.9 Million |
| Compound Annual Growth Rate | 2.8% |
| Regions Covered | Global |
Table of Contents
Companies Mentioned
A selection of companies mentioned in this report includes:
- BioExtract
- Chr. Hansen Holding A/S
- D.D. Williamson & Co., Inc.
- Flavorchem Corporation
- Foodchem International Corporation
- Lycored
- Nutralliance
- Parry Nutraceuticals
- Sensient Cosmetic Technologies
- Zhejiang Medicine Co., Ltd
