Global Beetroot Powder Market Overview:
The beetroot refers to the taproot port of a beet plant. Beetroot powder is obtained by beetroot is grinding dried beetroot. In the food industry rising usage of beetroot powder as a taste enhancer and flavoring agent and increasing use of beetroot powder in the cosmetics industry due to its higher antioxidant content expected to drive the market demand over the forecasted period. Moreover, growing awareness about the health benefits associated with beetroot powder propelling market growth. Some of the key players profiled in the study are Bioglan (Australia), Super Sprout LLC & Juices International Pty Ltd. (Australia), Vita Health Ltd. (New Zealand), Natures Aid Ltd. (United Kingdom), Nature's Way Products (United States), Go Superfood (United States) and Mountain Rose Herbs (United States).
On the basis of geography, the market of Beetroot Powder has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Packaging , the sub-segment i.e. Cans will boost the Beetroot Powder market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Distribution channel, the sub-segment i.e. Online Retail will boost the Beetroot Powder market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Rising Awareness about Nutritional Content of the Beetroot Powder
- Growing Online Distribution Channel for Beetroot Powder
- Increasing Use of Beetroot Powder in Cosmetics
- Stringent Government Regulations Regarding Beetroot Powder
- Growing the Demand for Beetroot Powder from Food Industry
- Rising Demand from the Developing Economies
- Lack of Awareness in the Emerging Economies
“According to the Food and Drug Administration (FDA), specifications for beetroot powder are as follows. The color additive shall conform to the following specifications: Volatile matter, not more than 4 percent. Acid insoluble ash, not more than 0.5 percent. Lead (as Pb), not more than 10 parts per million. Arsenic (as As), not more than 1 part per million. Mercury (as Hg), not more than 1 part per million.”
Target Audience:Beetroot Powder Manufacturers, Beetroot Powder Distributors, Research and Development Institutes, Potential Investors, Raw Material Suppliers, Nationalized Laboratory and Others
Major Objectives Focused through this Study To define, describe, and forecast the Global Beetroot Powder market on the basis of product [Conventional Beetroot Powder and Organic Beetroot Powder] , application [Food industry, Pharmaceuticals and Cosmetics], key regions and end user
To provide in-depth information regarding major influencing factors affecting the growth of the market (trends, drivers, restraints, opportunities, and industry-centric and regional challenges)
To strategically analyse the micro-markets and important business segments with respect to individual growth drivers , market trends and potential, and historical contributions to the total market
Identifying the opportunities in the market for key stakeholders and detailing the competitive landscape for market leaders
To provide market size for various segments of the Beetroot Powder market with respect to major geographies, namely, South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico)
To strategically profile the key players and analyzing their market shares and core competencies in the Beetroot Powder industry
To track key developments such as product launches, expansions, agreements, partnerships, mergers & acquisitions, and R&D activities that are key factors in shaping the market
Available Customization: Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**. Additionally, the Vendors which are also part of the research are .
** Confirmation on availability of data would be informed prior purchase
While framing the research framework, major and emerging players operating in the Beetroot Powder market in various regions have been profiled, and their offerings, geographic footprints, and distribution/sales channels have been analysed through in-depth discussions. Top-down and bottom-up approaches have been used to determine the overall market size. Sizes of the other individual markets have been estimated using the percentage splits obtained through secondary sources such as Hoovers, Bloomberg BusinessWeek, and Dow Jones (Factiva), along with primary respondents. The complete methodology includes the study of the annual and financial reports of the key market players and extensive interviews with industry experts such as CEOs, VPs, directors, and marketing executives for key insights (both qualitative and quantitative) related to the market.