Market Overview:
The global beetroot powder market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for organic food products and rising awareness about the health benefits of beetroot powder. Beetroot powder is a rich source of antioxidants, dietary fiber, vitamins, and minerals. It helps improve blood circulation and digestion, and also has anti-inflammatory properties. These factors are driving its demand in the food & beverages industry. Additionally, its growing use in industrial applications such as cosmetics, nutraceuticals, and animal feed is also contributing to its growth in the global market.
Product Definition:
Beetroot powder is a dried, ground form of the beetroot vegetable. It has a deep red color and is often used as a natural food coloring agent. Beetroot powder can also be found in some dietary supplements because of its high level of antioxidants.
Organic:
Organic products are those manufactured without the use of harmful chemicals such as pesticides, herbicides, or insecticides. Organic vegetables and fruits have a higher nutritional value than their conventional counterparts. The global organic market was valued at over USD 40 billion in 2015 and is expected to witness significant growth over the forecast period owing to rising health awareness among consumers across various regions.
Conventional:
Conventional beetroot powder is produced by a conventional process of drying. It contains about 80% of raw materials and 20% water, which are processed through grinder to achieve the final product. The conventional method is used for producing beetroot powder in large quantities as it has high demand from food industry.
The major advantage associated with this type of product over its counterparts is that there are no additional processing costs involved in the production process, i.e.
Application Insights:
Food & beverages was the largest application segment in 2017 and is expected to witness significant growth over the forecast period. Beetroot powder is used as a natural colorant, flavoring agent, and nutritional enhancer in food & beverages industry. Increasing demand for beetroot powder from functional foods manufacturers on account of its health benefits is anticipated to drive the market growth over the coming years.
Industrial applications include chemical synthesis and beet sugar manufacturing industries which mainly use red or purple varieties of beets for production purposes owing to their higher pigment content. The product plays an important role in these industries as a raw material that helps remove impurities during processing along with providing specific properties such as taste, color, viscosity etc., which are desired by end-users during various stages of chemical or sugar refining process respectively.
Regional Analysis:
Europe was the largest regional market in 2017 owing to growing consumer awareness regarding health and nutrition. Increasing demand for organic products is expected to drive the product demand in this region. Beetroot powder has a high level of nitrates, which are essential for human body functioning as it helps in reducing blood pressure and cholesterol levels. It also helps reduce platelet aggregation, which is a key factor leading to heart diseases. These properties make it an important ingredient used in dietary supplements as well as food additives across Europe countries such as Germany, U.K.
Growth Factors:
- Increasing demand for natural and organic food products
- Rising awareness about the health benefits of beetroot powder
- Growing popularity of plant-based diets
- Proliferation of online retail channels
- Expanding applications for beetroot powder in food and beverage industry
Scope Of The Report
Report Attributes
Report Details
Report Title
Beetroot Powder Market Research Report
By Type
Organic, Conventional
By Application
Food & Beverages, Industrial
By Companies
Windmill Organics, Lush Retail Limited, STADA Arzneimittel AG, Mountain Rose Herbs, Changsha Vigorous Tech, Z Natural Foods, Indigo Herbs, MARUDHAR FOODS PRIVATE LIMITED, Ecuadorian Rainforest, Organic Herb, Windmill Organics
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
228
Number of Tables & Figures
160
Customization Available
Yes, the report can be customized as per your need.
Global Beetroot Powder Market Report Segments:
The global Beetroot Powder market is segmented on the basis of:
Types
Organic, Conventional
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Food & Beverages, Industrial
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Windmill Organics
- Lush Retail Limited
- STADA Arzneimittel AG
- Mountain Rose Herbs
- Changsha Vigorous Tech
- Z Natural Foods
- Indigo Herbs
- MARUDHAR FOODS PRIVATE LIMITED
- Ecuadorian Rainforest
- Organic Herb
- Windmill Organics
Highlights of The Beetroot Powder Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Organic
- Conventional
- By Application:
- Food & Beverages
- Industrial
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Beetroot Powder Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Beetroot powder is a natural supplement that is made from ground beets. It can help improve blood sugar levels, reduce inflammation, and support overall health.
Some of the major players in the beetroot powder market are Windmill Organics, Lush Retail Limited, STADA Arzneimittel AG, Mountain Rose Herbs, Changsha Vigorous Tech, Z Natural Foods, Indigo Herbs, MARUDHAR FOODS PRIVATE LIMITED, Ecuadorian Rainforest, Organic Herb, Windmill Organics.
The beetroot powder market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Beetroot Powder Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Beetroot Powder Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Beetroot Powder Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Beetroot Powder Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Beetroot Powder Market Size & Forecast, 2020-2028
4.5.1 Beetroot Powder Market Size and Y-o-Y Growth
4.5.2 Beetroot Powder Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Organic
5.2.2 Conventional
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Food & Beverages
6.2.2 Industrial
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Beetroot Powder Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Beetroot Powder Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Organic
9.6.2 Conventional
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Food & Beverages
9.10.2 Industrial
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Organic
10.6.2 Conventional
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Food & Beverages
10.10.2 Industrial
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Organic
11.6.2 Conventional
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Food & Beverages
11.10.2 Industrial
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Organic
12.6.2 Conventional
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Food & Beverages
12.10.2 Industrial
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Organic
13.6.2 Conventional
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Food & Beverages
13.10.2 Industrial
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Beetroot Powder Market: Competitive Dashboard
14.2 Global Beetroot Powder Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Windmill Organics
14.3.2 Lush Retail Limited
14.3.3 STADA Arzneimittel AG
14.3.4 Mountain Rose Herbs
14.3.5 Changsha Vigorous Tech
14.3.6 Z Natural Foods
14.3.7 Indigo Herbs
14.3.8 MARUDHAR FOODS PRIVATE LIMITED
14.3.9 Ecuadorian Rainforest
14.3.10 Organic Herb
14.3.11 Windmill Organics
