Global Beta-carotene market is estimated to reach USD 583 million by 2024: Research Nester

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Global Beta-carotene market is estimated to
reach USD 583 million by 2024 Research Nester
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The Global Beta-carotene market is majorly
propelled by rising awareness towards the
consumption of beta-carotene and inclination of
industries towards natural beta-carotene across
the globe according to our research report
Global Beta-carotene Market Outlook
2024. Regionally, the beta-carotene market is
segmented into North America, Europe,
Asia-Pacific and Rest of World (ROW). Among
these, North America is anticipated to witness a
significant growth and occupy the largest share
of beta-carotene market by 2024. On account of
increasing demand for beta-carotene from food and
beverage industry, global beta-carotene market
is estimated to reach USD 583 million by the end
of 2024 witnessing a compound annual growth rate
of 3.1 over the forecast period. Geographically,
North America dominates the beta-carotene
market followed by Europe. Increasing awareness
associated with the consumption of beta-carotene
is driving the North America market. Rising
Awareness towards the Consumption of
Beta-carotene Elevate
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The essential role of beta-carotene and others as
the main dietary source of vitamin A coupled
with higher edge of natural beta- carotene over
synthetic beta-carotene in terms of
lip-solubility and antioxidant activity is
propelling the growth of beta-carotene market
all across the globe. Inclination of Industries
towards Natural Beta-carotene Uplift In human
body, beta-carotene gets transformed to vitamin A
nutrients which empower the immune system. Food
and Beverage industries are now more inclined
towards the use of natural beta- carotene in
comparison to synthetic beta-carotene. This
outsized shift of industry from synthetic to
natural beta-carotene will intensify the market
growth in upcoming 5-6 years. The report titled
Global Beta-carotene Market Outlook 2024
delivers detailed overview of Beta-carotene
market in terms of market segmentation by raw
material, by beta-carotene type, by
application. Further, for the in-depth analysis,
the report encompasses the industry growth
drivers, restraints, supply and demand risk,
market attractiveness, BPS analysis and Porters
five force model.
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This report also provides the existing
competitive scenario of some of the key players
of beta-carotene industry which includes company
profiling of Kemin Industries Inc,
BASF, Sensient Technologies Corporation,
Cyanotech Corporation, Phytone Limited etc. The
profiling enfolds key information of the
companies which encompasses business overview,
products and services, key financials and recent
news and developments. On the whole, the report
depicts detailed overview on the global beta-
carotene market that will help industry
consultants, equipment manufacturers, existing
players searching for expansion opportunities,
new players searching possibilities and other
stakeholders to align their market centric
strategies according to the ongoing and expected
trends in the future. Request Report Sample_at_
http//www.researchnester.com/sample-request/2/rep
-id-267 Research Nester is a leading service
provider for strategic market research and
consulting. We aim to provide unbiased,
unparalleled market insights and industry
analysis to help industries, conglomerates and
executives to take wise decisions for their
future marketing strategy, expansion and
investment etc. We believe every business can
expand to its new horizon, provided a right
guidance at a right time is available
through
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strategic minds. Our out of box thinking helps
our clients to take wise decision so as to avoid
future uncertainties. To know more about Global
Beta-carotene market, please visit
http//www.researchnester.com/reports/beta-caroten
e-market-global- demand-analysis-opportunity-outl
ook-2024/267
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