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PUBLISHER: Persistence Market Research | PRODUCT CODE: 1525944

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PUBLISHER: Persistence Market Research | PRODUCT CODE: 1525944

Synthetic Beta-Carotene Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2024 - 2033

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Description

Table of Contents

Persistence Market Research has recently released a comprehensive report on the global Synthetic Beta-Carotene market. The report provides an in-depth analysis of essential market dynamics, including drivers, trends, opportunities, and challenges, and offers a detailed insight into the market structure.

Key Insights:

  • Synthetic Beta-Carotene Market Size (2024E): USD 241.4 Million
  • Projected Market Value (2033F): USD 395.4 Million
  • Global Market Growth Rate (CAGR 2024 to 2033): 7.30%

Synthetic Beta-Carotene Market - Report Scope:

Synthetic beta-carotene is a crucial ingredient used in various applications, including food and beverages, dietary supplements, and pharmaceuticals. It is a precursor to vitamin A and is known for its antioxidant properties. This market caters to multiple industries, including food and beverage, personal care, pharmaceuticals, and animal feed. Market growth is driven by increasing consumer awareness of the health benefits associated with beta-carotene, rising demand for fortified foods, and advancements in synthesis technologies.

Market Growth Drivers:

The global synthetic beta-carotene market is propelled by several key factors, including growing consumer awareness regarding the health benefits of beta-carotene, such as its role in improving vision and boosting immune function. The rising demand for functional foods and dietary supplements that offer additional health benefits further stimulates market growth. Technological advancements in the production processes, such as more efficient synthesis methods and enhanced stability of beta-carotene, also contribute to the market's expansion. Additionally, increasing applications of synthetic beta-carotene in cosmetics and personal care products are creating new growth opportunities.

Market Restraints:

Despite the positive growth outlook, the synthetic beta-carotene market faces challenges related to regulatory constraints, fluctuating raw material prices, and competition from natural alternatives. Stringent regulations regarding the use of synthetic additives in food and beverages may impact market growth. Additionally, the volatility in the prices of raw materials used in the synthesis of beta-carotene can affect production costs. Competition from natural sources of beta-carotene and consumer preference for natural over synthetic ingredients may also pose challenges to market expansion.

Market Opportunities:

The synthetic beta-carotene market presents significant growth opportunities driven by increasing demand for fortified foods and dietary supplements, as well as advancements in synthesis technologies. The expansion of the functional foods sector and rising consumer focus on preventive health and wellness are expected to boost market demand. Additionally, the growing adoption of synthetic beta-carotene in the cosmetics industry for its anti-aging and skin health benefits provides new avenues for market growth. Strategic investments in research and development and the introduction of innovative, cost-effective synthetic beta-carotene products are essential to capitalize on these opportunities.

Key Questions Answered in the Report:

  • What are the primary factors driving the growth of the synthetic beta-carotene market globally?
  • Which applications and industries are driving the adoption of synthetic beta-carotene?
  • How are technological advancements reshaping the competitive landscape of the synthetic beta-carotene market?
  • Who are the key players contributing to the synthetic beta-carotene market, and what strategies are they employing to maintain market relevance?
  • What are the emerging trends and future prospects in the global synthetic beta-carotene market?

Competitive Intelligence and Business Strategy:

Leading players in the global synthetic beta-carotene market, including BASF SE, DSM Nutritional Products, and Koninklijke DSM N.V., focus on innovation, product differentiation, and strategic partnerships to gain a competitive edge. These companies invest in R&D to develop advanced synthetic beta-carotene solutions, catering to diverse industry needs. Collaborations with food and beverage manufacturers, pharmaceutical companies, and cosmetic producers facilitate market access and promote technology adoption. Emphasis on clinical research, evidence-based applications, and consumer education is crucial for driving market growth and enhancing product appeal.

Key Companies Profiled:

  • Allied biotech corporation
  • ARSHINE NATURAL & NUTRITION
  • Archer Daniels Midland Company
  • BASF SE
  • Divis Laboratories Ltd.
  • Dohler GmbH
  • Kingherbs Limited
  • Koninklijke DSM NV
  • Lycored Corp
  • Oterra A/S
  • Sensient Technologies Corp.
  • Shaivaa Algaetech LLP
  • Vidya Herbs Pvt. Ltd.
  • Vinayak Ingredients India Pvt. Ltd
  • Davos Life Science

Synthetic Beta-Carotene Industry Research by Category

By Form:

  • Powder
  • Liquid

By End Use:

  • Food and Beverages
  • Dietary Supplements
  • Animal Feed
  • Cosmetics & Personal Care

By Region:

  • North America
  • Latin America
  • Europe
  • South Asia & Pacific
  • East Asia
  • Middle East & Africa
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Product Code: PMRREP33498

Table of Contents

1. Executive Summary

  • 1.1. Global Market Outlook
  • 1.2. Demand Side Trends
  • 1.3. Supply Side Trends
  • 1.4. Analysis and Recommendations

2. Market Overview

  • 2.1. Market Coverage / Taxonomy
  • 2.2. Market Definition / Scope / Limitations

3. Key Market Trends

  • 3.1. Key Trends Impacting the Market
  • 3.2. Product Innovation / Development Trends

4. Global Synthetic Beta-Carotene Market Demand Analysis 2019-2023 and Forecast, 2024 - 2033

  • 4.1. Historical Market Volume (Tons) Analysis, 2019-2023
  • 4.2. Current and Future Market Volume (Tons) Projections, 2024 - 2033
  • 4.3. Y-o-Y Growth Trend Analysis

5. Global Synthetic Beta-Carotene Market - Pricing Analysis

  • 5.1. Regional Pricing Analysis
  • 5.2. Global Average Pricing Analysis Benchmark

6. Global Synthetic Beta-Carotene Market Demand (in Value or Size in US$ Mn) Analysis 2019-2023 and Forecast, 2024 - 2033

  • 6.1. Historical Market Value (US$ Mn) Analysis, 2019-2023
  • 6.2. Current and Future Market Value (US$ Mn) Projections, 2024 - 2033
    • 6.2.1. Y-o-Y Growth Trend Analysis
    • 6.2.2. Absolute $ Opportunity Analysis

7. Market Background

  • 7.1. Macro-Economic Factors
    • 7.1.1. Global GDP Growth Outlook
    • 7.1.2. Global Meat Industry Outlook
    • 7.1.3. Global Industry Value Added
  • 7.2. Forecast Factors - Relevance & Impact
  • 7.3. Global Food & Beverage Industry Outlook
  • 7.4. Global Dietary Supplements Market Outlook
  • 7.5. Global Cosmetic and Personal Care Industry Outlook
  • 7.6. Global Animal Feed Industry Outlook
  • 7.7. End User Industry Demand Analysis
  • 7.8. Industry Value & Supply Chain Analysis
    • 7.8.1. Profit Margin Analysis at each point of sales
    • 7.8.2. Processors/Producers
    • 7.8.3. Distributors/Suppliers/Wholesalers
    • 7.8.4. Traders/Retailers
    • 7.8.5. End-Users
  • 7.9. Market Dynamics
    • 7.9.1. Drivers
    • 7.9.2. Restraints
    • 7.9.3. Opportunity Analysis

8. Global Synthetic Beta-Carotene Market Analysis 2019-2023 and Forecast 2024 - 2033, By Form

  • 8.1. Introduction / Key Findings
  • 8.2. Historical Market Size (US$ Mn) and Volume Analysis By Form, 2019-2023
  • 8.3. Current and Future Market Size (US$ Mn) and Volume Analysis and Forecast By Form, 2024 - 2033
    • 8.3.1. Powder
    • 8.3.2. Liquid
  • 8.4. Market Attractiveness Analysis By Form

9. Global Synthetic Beta-Carotene Market Analysis 2019-2023 and Forecast 2024 - 2033, By End Use

  • 9.1. Introduction / Key Findings
  • 9.2. Historical Market Size (US$ Mn) and Volume Analysis By End Use, 2019-2023
  • 9.3. Current and Future Market Size (US$ Mn) and Volume Analysis and Forecast By End Use, 2024 - 2033
    • 9.3.1. Food and Beverage
      • 9.3.1.1. Bakery & Confectionery
      • 9.3.1.2. Dairy & Desserts
      • 9.3.1.3. Sauces
    • 9.3.2. Dietary Supplements
    • 9.3.3. Animal Feed
    • 9.3.4. Cosmetic & Personal care
  • 9.4. Market Attractiveness Analysis By End Use

10. Global Synthetic Beta-Carotene Market Analysis 2019-2023 and Forecast 2024 - 2033, by Region

  • 10.1. Introduction
  • 10.2. Historical Market Size (US$ Mn) and Volume Analysis By Region, 2019-2023
  • 10.3. Current Market Size (US$ Mn) and Volume Analysis and Forecast By Region, 2024 - 2033
    • 10.3.1. North America
    • 10.3.2. Latin America
    • 10.3.3. Europe
    • 10.3.4. Middle East and Africa (MEA)
    • 10.3.5. East Asia
    • 10.3.6. South Asia & Pacific
  • 10.4. Market Attractiveness Analysis By Region

11. North America Synthetic Beta-Carotene Market Analysis 2019-2023 and Forecast 2024 - 2033

  • 11.1. Introduction
  • 11.2. Historical Market Size (US$ Mn) and Volume Trend Analysis By Market Taxonomy, 2019-2023
  • 11.3. Market Size (US$ Mn) and Volume Forecast By Market Taxonomy, 2024 - 2033
    • 11.3.1. By Country
      • 11.3.1.1. U.S.
      • 11.3.1.2. Canada
    • 11.3.2. By Form
    • 11.3.3. By End Use
  • 11.4. Market Attractiveness Analysis
    • 11.4.1. By Country
    • 11.4.2. By Form
    • 11.4.3. By End Use
  • 11.5. Drivers and Restraints - Impact Analysis

12. Latin America Synthetic Beta-Carotene Market Analysis 2019-2023 and Forecast 2024 - 2033

  • 12.1. Introduction
  • 12.2. Historical Market Size (US$ Mn) and Volume Trend Analysis By Market Taxonomy, 2019-2023
  • 12.3. Market Size (US$ Mn) and Volume Forecast By Market Taxonomy, 2024 - 2033
    • 12.3.1. By Country
      • 12.3.1.1. Brazil
      • 12.3.1.2. Mexico
      • 12.3.1.3. Argentina
      • 12.3.1.4. Rest of Latin America
    • 12.3.2. By Form
    • 12.3.3. By End Use
  • 12.4. Market Attractiveness Analysis
    • 12.4.1. By Country
    • 12.4.2. By Form
    • 12.4.3. By End Use
  • 12.5. Drivers and Restraints - Impact Analysis

13. Europe Synthetic Beta-Carotene Market Analysis 2019-2023 and Forecast 2024 - 2033

  • 13.1. Introduction
  • 13.2. Historical Market Size (US$ Mn) and Volume Trend Analysis By Market Taxonomy, 2019-2023
  • 13.3. Market Size (US$ Mn) and Volume Forecast By Market Taxonomy, 2024 - 2033
    • 13.3.1. By Country
      • 13.3.1.1. Germany
      • 13.3.1.2. Italy
      • 13.3.1.3. France
      • 13.3.1.4. U.K.
      • 13.3.1.5. Spain
      • 13.3.1.6. BENELUX
      • 13.3.1.7. Nordic
      • 13.3.1.8. Russia
      • 13.3.1.9. Poland
      • 13.3.1.10. Rest of Europe
    • 13.3.2. By Form
    • 13.3.3. By End Use
  • 13.4. Market Attractiveness Analysis
    • 13.4.1. By Country
    • 13.4.2. By Form
    • 13.4.3. By End Use
  • 13.5. Drivers and Restraints - Impact Analysis

14. South Asia & Pacific Synthetic Beta-Carotene Market Analysis 2019-2023 and Forecast 2024 - 2033

  • 14.1. Introduction
  • 14.2. Historical Market Size (US$ Mn) and Volume Trend Analysis By Market Taxonomy, 2019-2023
  • 14.3. Market Size (US$ Mn) and Volume Forecast By Market Taxonomy, 2024 - 2033
    • 14.3.1. By Country
      • 14.3.1.1. India
      • 14.3.1.2. ASEAN
      • 14.3.1.3. Oceania
      • 14.3.1.4. Rest of South Asia & Pacific
    • 14.3.2. By Form
    • 14.3.3. By End Use
  • 14.4. Market Attractiveness Analysis
    • 14.4.1. By Country
    • 14.4.2. By Form
    • 14.4.3. By End Use
  • 14.5. Drivers and Restraints - Impact Analysis

15. East Asia Synthetic Beta-Carotene Market Analysis 2019-2023 and Forecast 2024 - 2033

  • 15.1. Introduction
  • 15.2. Historical Market Size (US$ Mn) and Volume Trend Analysis By Market Taxonomy, 2019-2023
  • 15.3. Market Size (US$ Mn) and Volume Forecast By Market Taxonomy, 2024 - 2033
    • 15.3.1. By Country
      • 15.3.1.1. China
      • 15.3.1.2. Japan
      • 15.3.1.3. South Korea
    • 15.3.2. By Form
    • 15.3.3. By End Use
  • 15.4. Market Attractiveness Analysis
    • 15.4.1. By Country
    • 15.4.2. By Form
    • 15.4.3. By End Use
  • 15.5. Drivers and Restraints - Impact Analysis

16. Middle East and Africa Synthetic Beta-Carotene Market Analysis 2019-2023 and Forecast 2024 - 2033

  • 16.1. Introduction
  • 16.2. Historical Market Size (US$ Mn) and Volume Trend Analysis By Market Taxonomy, 2019-2023
  • 16.3. Market Size (US$ Mn) and Volume Forecast By Market Taxonomy, 2024 - 2033
    • 16.3.1. By Country
      • 16.3.1.1. GCC Countries
      • 16.3.1.2. South Africa
      • 16.3.1.3. Rest of Middle East and Africa
    • 16.3.2. By Form
    • 16.3.3. By End Use
  • 16.4. Market Attractiveness Analysis
    • 16.4.1. By Country
    • 16.4.2. By Form
    • 16.4.3. By End Use
  • 16.5. Drivers and Restraints - Impact Analysis

17. Country Wise Synthetic Beta-Carotene Market Analysis 2024

  • 17.1. Introduction
    • 17.1.1. Market Value Proportion Analysis, By Key Countries
    • 17.1.2. Global Vs. Country Growth Comparison
  • 17.2. U.S. Synthetic Beta-Carotene Market Analysis
    • 17.2.1. By Form
    • 17.2.2. By End Use
  • 17.3. Canada Synthetic Beta-Carotene Market Analysis
    • 17.3.1. By Form
    • 17.3.2. By End Use
  • 17.4. Mexico Synthetic Beta-Carotene Market Analysis
    • 17.4.1. By Form
    • 17.4.2. By End Use
  • 17.5. Brazil Synthetic Beta-Carotene Market Analysis
    • 17.5.1. By Form
    • 17.5.2. By End Use
  • 17.6. Germany Synthetic Beta-Carotene Market Analysis
    • 17.6.1. By Form
    • 17.6.2. By End Use
  • 17.7. Italy Synthetic Beta-Carotene Market Analysis
    • 17.7.1. By Form
    • 17.7.2. By End Use
  • 17.8. France Synthetic Beta-Carotene Market Analysis
    • 17.8.1. By Form
    • 17.8.2. By End Use
  • 17.9. U.K. Synthetic Beta-Carotene Market Analysis
    • 17.9.1. By Form
    • 17.9.2. By End Use
  • 17.10. Spain Synthetic Beta-Carotene Market Analysis
    • 17.10.1. By Form
    • 17.10.2. By End Use
  • 17.11. Russia Synthetic Beta-Carotene Market Analysis
    • 17.11.1. By Form
    • 17.11.2. By End Use
  • 17.12. China Synthetic Beta-Carotene Market Analysis
    • 17.12.1. By Form
    • 17.12.2. By End Use
  • 17.13. Japan Synthetic Beta-Carotene Market Analysis
    • 17.13.1. By Form
    • 17.13.2. By End Use
  • 17.14. S. Korea Synthetic Beta-Carotene Market Analysis
    • 17.14.1. By Form
    • 17.14.2. By End Use
  • 17.15. India Synthetic Beta-Carotene Market Analysis
    • 17.15.1. By Form
    • 17.15.2. By End Use
  • 17.16. ASEAN Synthetic Beta-Carotene Market Analysis
    • 17.16.1. By Form
    • 17.16.2. By End Use
  • 17.17. Australia and New Zealand Synthetic Beta-Carotene Market Analysis
    • 17.17.1. By Form
    • 17.17.2. By End Use
  • 17.18. Turkey Synthetic Beta-Carotene Market Analysis
    • 17.18.1. By Form
    • 17.18.2. By End Use
  • 17.19. South Africa Synthetic Beta-Carotene Market Analysis
    • 17.19.1. By Form
    • 17.19.2. By End Use

18. Market Structure Analysis

19. Competition Analysis

  • 19.1. Competition Dashboard
  • 19.2. Competition Benchmarking
  • 19.3. Competition Deep Dive
    • 19.3.1. Allied biotech corporation
      • 19.3.1.1. Overview
      • 19.3.1.2. Product Portfolio
      • 19.3.1.3. Sales Footprint
      • 19.3.1.4. Key Developments
      • 19.3.1.5. Financial Overview
      • 19.3.1.6. Strategy Overview
    • 19.3.2. ARSHINE NATURAL & NUTRITION
      • 19.3.2.1. Overview
      • 19.3.2.2. Product Portfolio
      • 19.3.2.3. Sales Footprint
      • 19.3.2.4. Key Developments
      • 19.3.2.5. Financial Overview
      • 19.3.2.6. Strategy Overview
    • 19.3.3. Archer Daniels Midland Company
      • 19.3.3.1. Overview
      • 19.3.3.2. Product Portfolio
      • 19.3.3.3. Sales Footprint
      • 19.3.3.4. Key Developments
      • 19.3.3.5. Financial Overview
      • 19.3.3.6. Strategy Overview
    • 19.3.4. BASF SE
      • 19.3.4.1. Overview
      • 19.3.4.2. Product Portfolio
      • 19.3.4.3. Sales Footprint
      • 19.3.4.4. Key Developments
      • 19.3.4.5. Financial Overview
      • 19.3.4.6. Strategy Overview
    • 19.3.5. Divis Laboratories Ltd.
      • 19.3.5.1. Overview
      • 19.3.5.2. Product Portfolio
      • 19.3.5.3. Sales Footprint
      • 19.3.5.4. Key Developments
      • 19.3.5.5. Financial Overview
      • 19.3.5.6. Strategy Overview
    • 19.3.6. Dohler GmbH
      • 19.3.6.1. Overview
      • 19.3.6.2. Product Portfolio
      • 19.3.6.3. Sales Footprint
      • 19.3.6.4. Key Developments
      • 19.3.6.5. Financial Overview
      • 19.3.6.6. Strategy Overview
    • 19.3.7. Kingherbs Limited
      • 19.3.7.1. Overview
      • 19.3.7.2. Product Portfolio
      • 19.3.7.3. Sales Footprint
      • 19.3.7.4. Key Developments
      • 19.3.7.5. Financial Overview
      • 19.3.7.6. Strategy Overview
    • 19.3.8. Koninklijke DSM NV
      • 19.3.8.1. Overview
      • 19.3.8.2. Product Portfolio
      • 19.3.8.3. Sales Footprint
      • 19.3.8.4. Key Developments
      • 19.3.8.5. Financial Overview
      • 19.3.8.6. Strategy Overview
    • 19.3.9. Lycored Corp
      • 19.3.9.1. Overview
      • 19.3.9.2. Product Portfolio
      • 19.3.9.3. Sales Footprint
      • 19.3.9.4. Key Developments
      • 19.3.9.5. Financial Overview
      • 19.3.9.6. Strategy Overview
    • 19.3.10. Oterra A/S
      • 19.3.10.1. Overview
      • 19.3.10.2. Product Portfolio
      • 19.3.10.3. Sales Footprint
      • 19.3.10.4. Key Developments
      • 19.3.10.5. Financial Overview
      • 19.3.10.6. Strategy Overview
    • 19.3.11. Sensient Technologies Corp.
      • 19.3.11.1. Overview
      • 19.3.11.2. Product Portfolio
      • 19.3.11.3. Sales Footprint
      • 19.3.11.4. Key Developments
      • 19.3.11.5. Financial Overview
      • 19.3.11.6. Strategy Overview
    • 19.3.12. Shaivaa Algaetech LLP
      • 19.3.12.1. Overview
      • 19.3.12.2. Product Portfolio
      • 19.3.12.3. Sales Footprint
      • 19.3.12.4. Key Developments
      • 19.3.12.5. Financial Overview
      • 19.3.12.6. Strategy Overview
    • 19.3.13. Vidya Herbs Pvt. Ltd.
      • 19.3.13.1. Overview
      • 19.3.13.2. Product Portfolio
      • 19.3.13.3. Sales Footprint
      • 19.3.13.4. Key Developments
      • 19.3.13.5. Financial Overview
      • 19.3.13.6. Strategy Overview
    • 19.3.14. Vinayak Ingredients India Pvt. Ltd
      • 19.3.14.1. Overview
      • 19.3.14.2. Product Portfolio
      • 19.3.14.3. Sales Footprint
      • 19.3.14.4. Key Developments
      • 19.3.14.5. Financial Overview
      • 19.3.14.6. Strategy Overview
    • 19.3.15. Davos Life Science
      • 19.3.15.1. Overview
      • 19.3.15.2. Product Portfolio
      • 19.3.15.3. Sales Footprint
      • 19.3.15.4. Key Developments
      • 19.3.15.5. Financial Overview
      • 19.3.15.6. Strategy Overview

20. Assumptions and Acronyms Used

21. Research Methodology

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