Beetroot Powder Market Size - By Type (Organic, Conventional), Application (Food and Beverage, Nutraceuticals and Dietary Supplements, Cosmetics and Personal Care), Distribution Channel & Global Forecast, 2023

Description

List of Tables

Beetroot Powder Market size is poised to record 4.7% CAGR from 2023-2032, on account of the rising prominence of health and wellness products worldwide. The growing emphasis of companies on continuously innovating and diversifying their product offerings has made way for new formulations, flavor combinations, and packaging designs for catering to the evolving consumer tastes as well as preferences. To that end, the rising adoption of beetroot powder for creatively producing unique and healthy food and beverages will drive the industry expansion. To cite an instance, in March 2023, Germany's leading oat drinks producer Blue Farm, launched its new Beetroot Oat Latte in powdered form to offer sustainability credentials.

The beetroot powder industry is segmented based on type, application, distribution channel, region.

In terms of type, the conventional beetroot powder market size may record appreciable CAGR from 2023-2032 owing to rising adoption in the culinary, health, and wellness sectors. Conventional beetroot powder is extensively utilized in baking for adding natural color and flavor to different products, including muffins, cakes, pancakes, and cookies. Growing usage in the making of homemade natural cosmetics to offer natural and healthy flush of color will also prove favorable for the segment growth.

On the basis of application, the beetroot powder market value from the dietary supplements segment is expected to expand up to 2032 on account of its rich nutritional profile and potential health benefits. Driven by its assistance in post-exercise recovery and potentially delaying fatigue, beetroot powder is widely used to enhance endurance in aerobic activities, such as cycling and running. For instance, in May 2022, the U.K.-based company Sibelius introduced its new beetroot ingredient UpBiet for uses in supplements for targeting brain and endurance categories. The growing popularity in the field of sports and fitness will also drive the product demand.

Regionally, the APAC beetroot powder market size is projected to observe notable CAGR through 2032. The surging focus on health and wellness is driving the demand for natural and organic food products in the region. With the growing intake of convenience foods, beetroot powder is used in the manufacturing of dehydrated and powdered instant food products for catering to the rising needs for quick and easy meal solutions. The influx of multiple regulations and standards related to food safety, labeling, and claims will also positively influence the regional industry development.

Product Code: 3977

Chapter 1 Methodology & Scope

1.1 Industry coverage
1.2 Market scope & definition
1.3 Base estimates & calculations
- 1.3.1 Data collection
1.4 Forecast parameters
1.5 COVID-19 impact analysis at global level
1.6 Data validation
1.7 Data Sources
- 1.7.1 Primary
- 1.7.2 Secondary
  - 1.7.2.1 Paid sources
  - 1.7.2.2 Unpaid sources

Chapter 2 Executive Summary

2.1 Beetroot powder industry 360 degree synopsis, 2018 - 2032
2.2 Business trends
2.3 Type trends
2.4 Application trends
2.5 Distribution channel trends
2.6 Regional trends

Chapter 3 Beetroot Powder Industry Insights

3.1 Industry ecosystem analysis
3.2 Industry impact forces
- 3.2.1 Growth drivers
- 3.2.2 Industry pitfalls & challenges
3.3 Growth potential analysis
- 3.3.1 By type
- 3.3.2 By application
- 3.3.3 By distribution channel
3.4 COVID- 19 impact analysis
3.5 Regulatory landscape
- 3.5.1 U.S.
- 3.5.2 Europe
3.6 Pricing analysis, 2022
3.7 Technology landscape
- 3.7.1 Future market trends
3.8 Porter's analysis
3.9 PESTEL analysis
3.10 Impact of Russia Ukraine war

Chapter 4 Competitive Landscape, 2022

4.1 Introduction
4.2 Company matrix analysis, 2022
4.3 Global company market share analysis, 2022
4.4 Competitive positioning matrix
4.5 Strategy dashboard

Chapter 5 Beetroot Powder Market Size and Forecast, By Type 2018 - 2032

5.1 Organic
5.2 Conventional

Chapter 6 Beetroot Powder Market Size and Forecast, By Application 2018 - 2032

6.1 Food and Beverage
6.2 Nutraceuticals and Dietary Supplements
6.3 Cosmetics and Personal Care
6.4 Others

Chapter 7 Beetroot Powder Market Size and Forecast, By Distribution Channel 2018 - 2032

7.1 Online Retail
7.2 Supermarkets/Hypermarkets
7.3 Specialty Stores
7.4 Health Food Stores
7.5 Convenience Stores

Chapter 8 Beetroot Powder Market Size and Forecast, By Region 2018 - 2032

8.1 Key trends, by region
8.2 North America
- 8.2.1 U.S.
- 8.2.2 Canada
8.3 Europe
- 8.3.1 Germany
- 8.3.2 UK
- 8.3.3 France
- 8.3.4 Spain
- 8.3.5 Italy
8.4 Asia Pacific
- 8.4.1 Japan
- 8.4.2 China
- 8.4.3 India
- 8.4.4 Australia
- 8.4.5 South Korea
- 8.4.6 Indonesia
- 8.4.7 Malaysia
8.5 Latin America
- 8.5.1 Brazil
- 8.5.2 Mexico
- 8.5.3 Argentina
8.6 MEA
- 8.6.1 South Africa
- 8.6.2 Saudi Arabia
- 8.6.3 UAE
- 8.6.4 Egypt

Chapter 9 Company Profiles

9.1 Nature's Way Products, LLC
9.2 NutriCargo, LLC
9.3 Super Sprout LLC
9.4 BioNutra Ingredients, LLC
9.5 Organic Herb Inc.
9.6 Pure Naturals
9.7 Radiant Whole Food
9.8 Earth Notions Inc.
9.9 Diana Food
9.10 Aryan International
9.11 Marudhar Foods Private Limited
9.12 BioGin Biochemicals Co., Ltd.
9.13 SaludViva
9.14 Vital Health Foods
9.15 Food to Live