PUBLISHER: KBV Research | PRODUCT CODE: 1555919
PUBLISHER: KBV Research | PRODUCT CODE: 1555919
The Europe Beetroot Powder Market would witness market growth of 8.9% CAGR during the forecast period (2024-2031). In the year 2021, the Europe market's volume surged to 1,280.4 Tonnes, showcasing a growth of 10.3% (2020-2023).
In the Beetroot Powder Market, "organic" beetroot powder is a premium product distinguished by its adherence to organic farming practices. This product is made from beetroots that are grown without the use of synthetic pesticides, herbicides, or genetically modified organisms (GMOs). The organic certification ensures that the beetroots used are cultivated in soil that has been free from prohibited substances for a specified period, typically three years. Thus, the organic in Germany market consumed 149.76 Tonnes in 2023.
The Germany market dominated the Europe Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $55,529.6 Thousands by 2031. The UK market is exhibiting a CAGR of 8.4% during (2024 - 2031). Additionally, The France market would experience a CAGR of 9.3% during (2024 - 2031).
This powder's cardiovascular advantages are a significant draw. Beetroot is abundant in nitrates, which are subsequently converted to nitric oxide in the body. The relaxation of blood vessels, the improvement of circulation, and the lowering of blood pressure are all facilitated by nitric oxide. This potential to naturally manage blood pressure has made this powder popular among older adults, who are more likely to experience cardiovascular issues.
A 2022 meta-analysis reviewed several studies in which people consumed either 70 milliliters (mL), 140 mL, or 250 mL of beet juice daily for 3-60 days. Researchers have noticed an improvement in blood pressure regardless of the quantity of beet juice participants consumed. Drinking 250 milliliters of beet juice may help lower blood pressure because beets contain nitrate. Nitrate can increase nitric oxide production, a compound that relaxes and dilates the blood vessels.
Italy's demand for this powder is closely linked to the increasing focus on functional foods. Italian consumers increasingly incorporate functional foods into their diets for additional health benefits. This powder, rich in nitrates and antioxidants, has become popular in dietary supplements, energy drinks, and health-conscious foods. The trend towards consuming foods that support cardiovascular and digestive health has significantly boosted the presence of this powder in Italy's health food industry. In Italy, with ≈60 million inhabitants, cardiovascular diseases account for nearly half of all deaths (44%). Hence, these varied factors illustrate the unique consumer preferences across European nations, all contributing to the rising demand for this powder.
Based on Product, the market is segmented into Conventional, and Organic. Based on Application, the market is segmented into Food & Beverage, Nutraceuticals & Dietary Supplements, Cosmetics & Personal Care, and Other Applications. Based on Distribution Channel, the market is segmented into Supermarkets/Hypermarkets, Convenience Stores, Online, and Other Distribution Channels. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
List of Key Companies Profiled
Europe Beetroot Powder Market Report Segmentation
By Product (Volume, Tonnes, USD Million, 2020-2031)
By Application (Volume, Tonnes, USD Million, 2020-2031)
By Distribution Channel (Volume, Tonnes, USD Million, 2020-2031)
By Country (Volume, Tonnes, USD Million, 2020-2031)