Global Beetroot Powder Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2027
“Global Beetroot Powder Market Analysis Trends, Applications, Analysis, Growth, and Forecast to 2027” is a recent report generated by MarketResearch.biz, which offers in-depth insights, revenue details, and other vital information regarding the global beetroot powder market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2027. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global beetroot powder market report has been segmented on the basis of end-use industry, application, distribution channel, packaging type, type, and region.
Beetroot is also known as table beet, red beet, garden beet, or golden beet is used for sweetening substitute as it contains more sugar as compare to other vegetables. Beetroot powder is made out of dried beetroots by the process of grinding and milling. This powder is used for providing flavour and colour to various food products. Beetroot powder is a source of potassium, phosphorus, chlorine, iodine, iron, magnesium, calcium, copper, sodium, riboflavin, thiamine, fiber and vitamins which helps in increasing the oxygen content in the blood.
Increasing demand for beetroot powder in food and beverage industries is the major factor expected to drive growth of the global beetroot powder market. In addition, increasing use of the beetroot powder in the burgers and pizzas for enhancing the flavour coupled with rising disposable income are some other factors expected to drive growth of the global target market. Furthermore, increasing use of beetroot powder in cosmetic industries owing to its higher antioxidant content and changing consumer’s preference towards organic foods, increasing preference for ready to eat food products, and changing lifestyle of consumers are among other factors expected to drive revenue growth of the global beetroot powder market.
Major manufacturers are focus on collaborating with local players in order to enhance their product offerings as well as expand their geographical presence as well as established player are directing towards offers natural origin product, due to inclination of consumers towards organic products are the major trend observed in the market, currently
North America market is estimated to account for highest revenue share in the global beetroot powder market over the forecast period, owing to increasing number of health conscious consumers in countries in the region. Asia Pacific market is expected to account for the second-highest revenue share in the global beetroot powder market, due to increasing consumption of various food products such as burgers and soups in the countries in the region. The market in Europe is projected to register fastest growth rate in terms of revenue. This is primarily attributed to growing demand for healthy foods coupled with rising disposable food in the countries in the region. Moreover, the markets in Latin America and Middle East & Africa are expected to register moderate growth rate over the forecast period. Revenue from the market in Middle East & Africa is projected to register a CAGR of X.X% in the global beetroot powder market over the forecast period.
Global beetroot powder market segmentation:
By end-use industry:
- Curries and Gravies
- Food colour
By distribution channel:
- Online sale
- Retail shops
- Departmental store
By packaging type:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Attribute Report Details Market Size Ask For Market Size Growth Rate Ask For Growth Rate Key Companies Ask For Companies Report Coverage Revenue analysis, Competitive landscape, Key company analysis, Market Trends, Key segments, Distribution Channel, Market Dynamics, COVID-19 Impact Analysis and more… Historical Data Period 2015-2020 Base Year 2022 Forecast Period 2022-2031 Region Scope North America, Europe, Asia-Pacific, South America, Middle East & Africa Country Scope United States, Canada and Mexico, Germany, France, UK, Russia and Italy, China, Japan, Korea, India and Southeast Asia, Brazil, Argentina, Colombia etc.Saudi Arabia, UAE, Egypt, Nigeria and South Africa Revenue in US$ Mn
- Yesraj Agro Exports Private Limited
- Super Sprout LLC & Juices International Pty Ltd.
- Radiance Ltd.
- Natures Aid Ltd.
- Nature's Way Products, LLC
- Go Superfood
- Botanical Ingredients Ltd.
- Windmill Organics
- Lush Retail Limited
- Indigo Herbs Ltd.
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