South Africa Beta Carotene Market Size & Outlook

The beta carotene market in South Africa is expected to reach a projected revenue of US$ 13.0 million by 2030. A compound annual growth rate of 4.3% is expected of South Africa beta carotene market from 2023 to 2030.
Revenue, 2022 (US$M)
$9.3
Forecast, 2030 (US$M)
$13.0
CAGR, 2023 - 2030
4.3%
Report Coverage
South Africa

South Africa beta carotene market highlights

  • The South Africa beta carotene market generated a revenue of USD 9.3 million in 2022 and is expected to reach USD 13.0 million by 2030.
  • The South Africa market is expected to grow at a CAGR of 4.3% 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 9.3 million
Market revenue in 2030USD 13.0 million
Growth rate4.3% (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, South Africa accounted for 2.5% 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 Middle East & Africa, South Africa beta carotene market is projected to lead the regional market in terms of revenue in 2030.
  • Saudi Arabia is the fastest growing regional market in Middle East & Africa and is projected to reach USD 10.7 million by 2030.

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Beta Carotene Market Companies

Name Profile # Employees HQ Website

South Africa 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 55.91% in 2022. Horizon Databook has segmented the South Africa beta carotene market based on natural, synthetic covering the revenue growth of each sub-segment from 2018 to 2030.


  • South Africa Beta Carotene Type Outlook (Revenue, USD Million, 2018-2030)
    • Natural
      • Algae
      • Fruits & Vegetables
      • Yeast
      • Others
    • Synthetic
  • South Africa 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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  • 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 country-level data and insights on the South Africa beta carotene market , including forecasts for subscribers. This country databook contains high-level insights into South Africa beta carotene market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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

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

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

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