Global Beta Carotene Market Size & Outlook, 2022-2030

The global beta carotene market size was estimated at USD 372.6 million in 2022 and is projected to reach USD 531.2 million by 2030, growing at a CAGR of 4.5% from 2023 to 2030.
Revenue, 2022 (US$M)
$372.6
Forecast, 2030 (US$M)
$531.2
CAGR, 2023 - 2030
4.5%
Report Coverage
Worldwide

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 2022USD 372.6 million
Market revenue in 2030USD 531.2 million
Growth rate4.5% (CAGR from 2022 to 2030)
Largest segmentNatural
Fastest growing segmentNatural
Historical data covered2018 - 2021
Base year for estimation2022
Forecast period covered2023 - 2030
Quantitative unitsRevenue in USD million
Market segmentationNatural, 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 Companies

Name Profile # Employees HQ Website
Private Label Supplements View profile 1-10 Oklahoma City, Oklahoma, United States, North America http://www.plsupplements.com
Nutralliance View profile 11-50 Yorba Linda, California, United States, North America https://www.nutralliance.com
FoodRGB View profile 1-10 Anaheim, California, United States, North America https://foodrgb.com
Central Drug House View profile 11-50 Ahmedabad, Gujarat, India, Asia https://www.cdhfinechemical.com/
E.I.D. Parry View profile 501-1000 Chennai, Tamil Nadu, India, Asia http://www.eidparry.com/
Divi's Laboratories View profile 10001+ Hyderabad, Andhra Pradesh, India, Asia https://www.divislabs.com/
ADAMA Agricultural Solutions View profile 1001-5000 Tel Aviv, Tel Aviv, Israel, Asia http://www.adama.com/en
Foodchem International Corporation View profile - Shanghai, Shanghai, China, Asia http://www.foodchemadditives.com/
Givaudan SA View profile 16263 Chemin de la Parfumerie 5, Vernier, Switzerland, 1214 https://www.givaudan.com
Sensient Technologies Corp View profile 3956 777 East Wisconsin Avenue, Milwaukee, WI, United States, 53202-5304 https://www.sensient.com
DSM Firmenich AG View profile 30000 Wurmisweg 576, Kaiseraugst, Switzerland, 4303 https://www.dsm-firmenich.com/corporate/home.html
Basf SE View profile 111855 Carl-Bosch-Strasse 38, Ludwigshafen am Rhein, Germany, 67056 https://www.basf.com
Otsuka Holdings Co Ltd View profile 39548 2-9 Kanda-Tsukasamachi, Chiyoda-ku, Tokyo, Japan, 101-0048 http://www.otsuka.com/jp

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
      • Fruits & Vegetables
      • Others
      • Algae
      • Yeast
    • Synthetic
  • Global Beta Carotene End-Use Outlook (Revenue, USD Million, 2018-2030)
    • Synthetic
      • Food & Beverages
      • Animal Feed
      • Dietary Supplements
      • Pharmaceutical
      • Other End-Use
      • Personal Care & Cosmetics
    • Natural Beta-Carotene
      • Pharmaceutical
      • Food & Beverages
      • Personal Care & Cosmetics
      • Other End-Use
      • Dietary Supplements
      • Animal Feed

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  • Our clientele includes a mix of beta carotene market companies, investment firms, advisory firms & academic institutions.
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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 end-use, 2022 & 2030 (%, US$M)

Beta carotene market: Opportunity assessment by country

Global beta carotene market, by region, 2022 (US$M)

Global beta carotene market size, by regions, 2018-2030 (US$M)

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