India Beta Carotene Market Size & Outlook, 2022-2030

The beta carotene market in India is expected to reach a projected revenue of US$ 25.7 million by 2030. A compound annual growth rate of 5.4% is expected of India beta carotene market from 2023 to 2030.
Revenue, 2022 (US$M)
$16.9
Forecast, 2030 (US$M)
$25.7
CAGR, 2023 - 2030
5.4%
Report Coverage
India

India beta carotene market highlights

  • The India beta carotene market generated a revenue of USD 16.9 million in 2022 and is expected to reach USD 25.7 million by 2030.
  • The India market is expected to grow at a CAGR of 5.4% from 2023 to 2030.
  • In terms of segment, natural was the largest revenue generating type in 2022.
  • Natural is the most lucrative type segment registering the fastest growth during the forecast period.

Beta carotene market data book summary

Market revenue in 2022USD 16.9 million
Market revenue in 2030USD 25.7 million
Growth rate5.4% (CAGR from 2022 to 2030)
Largest segmentNatural
Fastest growing segmentNatural
Historical data2018 - 2021
Base year2022
Forecast period2023 - 2030
Quantitative unitsRevenue in USD million
Market segmentationNatural, Synthetic
Key market players worldwideBasf SE, Givaudan SA, DSM Firmenich AG, ADAMA Agricultural Solutions, Otsuka Holdings Co Ltd, Sensient Technologies Corp, Divi's Laboratories, E.I.D. Parry, Central Drug House, Foodchem International Corporation, FoodRGB, Nutralliance, Private Label Supplements

Other key industry trends

  • In terms of revenue, India accounted for 4.5% of the global beta carotene market in 2022.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In Asia Pacific, China beta carotene market is projected to lead the regional market in terms of revenue in 2030.
  • India is the fastest growing regional market in Asia Pacific and is projected to reach USD 25.7 million by 2030.

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Beta Carotene Market Companies

Name Profile # Employees HQ Website

India 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 58.58% in 2022. Horizon Databook has segmented the India beta carotene market based on natural, synthetic covering the revenue growth of each sub-segment from 2018 to 2030.


  • India Beta Carotene Type Outlook (Revenue, USD Million, 2018-2030)
    • Natural
      • Algae
      • Fruits & Vegetables
      • Yeast
      • Others
    • Synthetic
  • India 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

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Horizon Databook provides a detailed overview of country-level data and insights on the India beta carotene market , including forecasts for subscribers. This country databook contains high-level insights into India beta carotene market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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India beta carotene market size, by type, 2018-2030 (US$M)

India Beta Carotene Market Outlook Share, 2022 & 2030 (US$M)

India beta carotene market size, by type, 2018-2030 (US$M)

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