"Market Intelligence that Adds Flavour to Your Success"

Beta Carotene Market Size, Share and Global Trend By Product Type (Synthetic Beta Carotene, Natural Beta Carotene), By Application (Food & Beverage, Dietary Supplements, Cosmetics, Animal Feed, Pharmaceuticals, Others) and Regional Forecast, 2024-2032

Region :Global | Report ID: FBI100782 | Status : Ongoing



The global beta carotene market is anticipated to grow at a crucial pace during the forecast period, due to several health benefits associated with beta carotene consumption and uses. Anti-aging and anti-cancer properties of beta carotene are anticipated to boost its demand in various end-use industries, such as food & beverages, cosmetics, pharmaceuticals, and others.

Key companies operating in the global beta carotene market are focusing on the launch of new products and merger and acquisition activities to maintain their prominence in the global market. Koninklijke DSM N.V., BASF SE, and Naturex SA are some of the key companies performing in the global beta carotene market.

To gain extensive insights into the market, Request for Customization

Beta carotene is a prominent carotenoid and pigment with strong antioxidant properties. Beta carotene is abundant in fruits and plants but can be obtained from various other sources, such as algae, palm oil, fungi, and other synthetic sources. Carotene serves as strong disease preventive substances and can prevent various cardiovascular diseases, and can promote skin health, lung health, and aid the immune system.

The rapid increase in the demand for naturally-sourced beta carotene due to their health benefitting properties, for applications across several major industries, is anticipated to drive the market growth of beta carotene during the forecast period. Increasing geriatric population, coupled with the growing prevalence of chronic diseases across the globe is boosting the demand for health and dietary supplements, which in turn is projected to aid the growth of beta carotene market. Furthermore, the presence of skin-protective properties in beta carotene is projected to contribute to the growth of the product’s demand in the cosmetics & personal care industry.

Excessive consumption of beta carotene products and supplements can result in joint pain, change of skin color, loss of stools, and other health complications among human beings, which can hinder the growth of beta carotene market. Stringent regulations by food regulatory authorities on the use and commercialization of food ingredients is further projected to restrain the beta carotene market growth.

Key Players Covered

Some of the major companies that are present in the global beta carotene market are Naturex SA, BASF SE, Chr. Hansen Holding A/S, Flavorchem Corporation, Foodchem International Corporation, LycoRed Ltd., Koninklijke DSM N.V., Parry Nutraceuticals Limited, Bio Extracts (Pvt) Ltd., Zhejiang Medicine Co. Ltd., and D.D. Williamson & Co., Inc., among the other players operating in the global beta carotene market.




By Product Type

· Synthetic Beta Carotene

· Natural Beta Carotene

By Application

· Food & Beverage

Ø Soft Drinks

Ø Bakery & Confectionery

Ø Processed Food

Ø Dairy Products

Ø Others

· Dietary Supplements

· Cosmetics

· Animal Feed

· Pharmaceuticals

· Others

By Geography

· North America (U.S., Canada, and Mexico)

· Europe (France, Germany, Italy, Spain, U.K., Russia, and Rest of Europe)

· Asia Pacific (China, India, Japan, Australia, and Rest of Asia Pacific)

· South America (Brazil, Argentina, and Rest of South America)

· Middle East & Africa (South Africa and Rest of ME&A)


On the basis of product type, the global beta carotene market has been segmented into synthetic beta carotene and natural beta carotene. Synthetic beta carotene segment is anticipated to hold the major market share during the forecast years, owing to easy availability and less complexity associated with the production of synthetic beta carotene. However, natural beta carotene segment is anticipated to witness significant rise during the forecast years, due to rising demand for natural products and ingredients.

On the basis of application, the global beta carotene market has been segmented into food & beverage, dietary supplements, cosmetics, animal feed, pharmaceuticals, and others. The application of beta carotene in the food & beverage segment is projected to be the highest due to the increased application of beta carotene as a crucial food and beverage colorant. The demand for beta carotene from cosmetics and dietary supplements industry is projected to grow at a rapid pace during the forecast period, due to high antioxidant properties exhibited by the product.

Regional Analysis

The Asia Pacific is projected to witness the fastest growth during the forecast years, owing to increasing demand for beta-carotene from growing food & beverage industry of populous Asian economies, such as India and China. Cost-efficiency of the product is projected to increase its demand in the production of personal care and cosmetics products, as well as animal feed in the Asia Pacific. Europe is anticipated to hold the major revenue share in the global beta carotene market, owing to increased consumption of the product attributed by health benefits offered by the product.

Key Industry Developments

  • In January 2017, BASF launched a novel 10% beta-carotene colorant to replace artificial dyes such as azo dyes. Lucarotin 10 CWD/O Plus claims to be light and heat stable, and can disperse quickly without disturbing the sensory characteristics of the product.

  • In 2013, LycoRed, a prominent carotenoid products manufacturer announced the expansion of its beta-carotene coloring product line. The company’s plan to expand its product line was to fulfill the rising demand of beta-carotene from food & beverage manufacturers.

  • Ongoing
  • 2023
  • 2019-2022

Personalize this Research

  • Granular Research on Specified Regions or Segments
  • Companies Profiled based on User Requirement
  • Broader Insights Pertaining to a Specific Segment or Region
  • Breaking Down Competitive Landscape as per Your Requirement
  • Other Specific Requirement on Customization
Request Customization Banner

Food & Beverages Clients

Fuji film
Health Canada

Client Testimonials

“We are quite happy with the methodology you outlined. We really appreciate the time your team has spent on this project, and the efforts of your team to answer our questions.”

- One of the largest & renowned medical research centers based in the U.S. on a report on the U.S. NIPT Market.

“Thanks a million. The report looks great!”

- Feedback from a consultant on a report on the U.S. Beef Market.

“Thanks for the excellent report and the insights regarding the lactose market.”

- Brazil based company specializing in production of protein ingredients.

“I liked the report; would it be possible to send me the PPT version as I want to use a few slides in an internal presentation that I am preparing.”

- Global Digital Services Agency on a report on the Global Luxury Goods Market.

“This report is really well done and we really appreciate it! Again, I may have questions as we dig in deeper. Thanks again for some really good work.”

- U.S.-based biotechnology company focussing on treatment of chronic pain.

“Kudos to your team. Thank you very much for your support and agility to answer our questions.”

- Europe-based provider of solutions to automate data centre operations.

“We appreciate you and your team taking out time to share the report and data file with us, and we are grateful for the flexibility provided to modify the document as per request. This does help us in our business decision making. We would be pleased to work with you again, and hope to continue our business relationship long into the future.”

- India-based manufacturer of industrial and specialty intermediates with a strong global presence.

“I want to first congratulate you on the great work done on the Medical Platforms project. Thank you so much for all your efforts.”

- One of the largest cosmetics company in the world.

“Thank you very much. I really appreciate the work your team has done. I feel very comfortable recommending your services to some of the other startups that I’m working with, and will likely establish a good long partnership with you.”

- U.S. based startup operating in the cultivated meat market.

“We received the below report on the U.S. market from you. We were very satisfied with the report.”

- Global hearing aids manufacturer.

“I just finished my first pass-through of the report. Great work! Thank you!”

- U.S. based solar racking solutions provider.

“Thanks again for the great work on our last partnership. We are ramping up a new project to understand the imaging and imaging service and distribution market in the U.S.”

- World’s leading advisory firm.

“We feel positive about the results. Based on the presented results, we will do strategic review of this new information and might commission a detailed study on some of the modules included in the report after end of the year. Overall we are very satisfied and please pass on the praise to the team. Thank you for the co-operation!”

- Germany based machine construction company.

“Thank you very much for the very good report. I have another requirement on cutting tools, paper crafts and decorative items.”

- Japanese manufacturing company of stationery products.

“We are happy with the professionalism of your in-house research team as well as the quality of your research reports. Looking forward to work together on similar projects”

- One of the Leading Food Companies in Germany

“We appreciate the teamwork and efficiency for such an exhaustive and comprehensive report. The data offered to us was exactly what we were looking for. Thank you!”

- Intuitive Surgical

“I recommend Fortune Business Insights for their honesty and flexibility. Not only that they were very responsive and dealt with all my questions very quickly but they also responded honestly and flexibly to the detailed requests from us in preparing the research report. We value them as a research company worthy of building long-term relationships.”

- Major Food Company in Japan

“Well done Fortune Business Insights! The report covered all the points and was very detailed. Looking forward to work together in the future”

- Ziering Medical

“It has been a delightful experience working with you guys. Thank you Fortune Business Insights for your efforts and prompt response”

- Major Manufacturer of Precision Machine Parts in India

“I had a great experience working with Fortune Business Insights. The report was very accurate and as per my requirements. Very satisfied with the overall report as it has helped me to build strategies for my business”

- Hewlett-Packard

“This is regarding the recent report I bought from Fortune Business insights. Remarkable job and great efforts by your research team. I would also like to thank the back end team for offering a continuous support and stitching together a report that is so comprehensive and exhaustive”

- Global Management Consulting Firm

“Please pass on our sincere thanks to the whole team at Fortune Business Insights. This is a very good piece of work and will be very helpful to us going forward. We know where we will be getting business intelligence from in the future.”

- UK-based Start-up in the Medical Devices Sector

“Thank you for sending the market report and data. It looks quite comprehensive and the data is exactly what I was looking for. I appreciate the timeliness and responsiveness of you and your team.”

- One of the Largest Companies in the Defence Industry
We use cookies to enhance your experience. By continuing to visit this site you agree to our use of cookies . Privacy.