Global Beta Carotene Market Size & Outlook, 2022-2030
Global beta carotene market, 2018-2030 (US$M)
Related Markets
Global beta carotene market highlights
- The global beta carotene market generated a revenue of USD 372.6 million in 2022 and is expected to reach USD 531.2 million by 2030.
- The market is expected to grow at a CAGR (2023 - 2030) of 4.5% by 2030.
- In terms of segment, natural accounted for a revenue of USD 218.4 million in 2022.
- Natural is the most lucrative type segment registering the fastest growth during the forecast period.
- In terms of region, Europe was the largest revenue generating market in 2022.
- Country-wise, Argentina is expected to register the highest CAGR from 2023 to 2030.
Global data book summary
| Market revenue in 2022 | USD 372.6 million |
| Market revenue in 2030 | USD 531.2 million |
| Growth rate | 4.5% (CAGR from 2022 to 2030) |
| Largest segment | Natural |
| Fastest growing segment | Natural |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Natural, Synthetic |
Other key industry trends
- In terms of revenue, the North America accounted for 34.1% of the global beta carotene market in 2022.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, Argentina is the fastest growing regional market and is projected to reach USD 8.9 million by 2030.
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Beta Carotene Market Scope
Beta Carotene Market Companies
| Name | Profile | # Employees | HQ | Website |
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Global beta carotene market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to beta carotene market will help companies and investors design strategic landscapes.
Natural was the largest segment with a revenue share of 58.62% in 2022. Horizon Databook has segmented the Global beta carotene market based on natural, synthetic covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Beta Carotene Type Outlook (Revenue, USD Million, 2018-2030)
- Natural
- Algae
- Fruits & Vegetables
- Yeast
- Others
- Synthetic
- Natural
- Global Beta Carotene End-Use Outlook (Revenue, USD Million, 2018-2030)
- Natural Beta-Carotene
- Food & Beverages
- Dietary Supplements
- Personal Care & Cosmetics
- Pharmaceutical
- Animal Feed
- Other End-Use
- Synthetic
- Food & Beverages
- Dietary Supplements
- Personal Care & Cosmetics
- Pharmaceutical
- Animal Feed
- Other End-Use
- Natural Beta-Carotene
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Horizon Databook provides a detailed overview of global-level data and insights on the Global beta carotene market , including forecasts for subscribers. This global databook contains high-level insights into Global beta carotene market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global beta carotene market size, by regions, 2018-2030 (US$M)
Top 10 countries: Beta carotene market size, 2022 (US$M)
Global beta carotene market share, by type, 2022 & 2030 (%, US$M)
Beta carotene market: Opportunity assessment by country
Global beta carotene market, by region, 2022 (US$M)
Related regional statistics
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