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Beta-Carotene - Market Share Analysis, Industry Trends & Statistics, Growth Forecasts (2025 - 2030)

Published Jul 31, 2025
Length 100 Pages
SKU # MOI20477939

Description

Beta-Carotene Market Analysis

The global beta-carotene market size is estimated to be USD 433.55 million in 2025 and is expected to grow to USD 572.02 million by 2030, at a CAGR of 5.7%. This growth is driven by government fortification programs in developing countries and regulations supporting natural food ingredients in developed markets. The increasing consumer preference for natural ingredients and rising health consciousness contribute to market expansion. The FDA's permanent classification of beta-carotene as a certified color additive and EFSA's updated safety protocols reinforce market stability through natural sourcing and quality standards. Additionally, the growing application of beta-carotene in dietary supplements, food and beverages, and animal feed sectors further supports market development. The rising awareness of vitamin A deficiency and the subsequent need for fortification programs in emerging economies create substantial opportunities for market growth.

Global Beta-Carotene Market Trends and Insights

Surging Demand for Natural Food Colorants in Functional Food and Beverage

Government regulatory frameworks are accelerating the transition from synthetic to natural food colorants, with the FDA's comprehensive color additive regulations requiring extensive safety documentation for synthetic alternatives while providing streamlined pathways for natural variants. The European Union's formal definition of 'coloring foods' that retain their natural identity has created regulatory clarity that favors beta-carotene derived from natural sources over synthetic alternatives. USDAorganic standards specifically prohibit synthetic colorants in certified organic products, creating a protected market segment where natural beta-carotene commands premium pricing and guaranteed demand. The WHO/FAO Joint Expert Committee on Food Additives has established Acceptable Daily Intake guidelines that favor natural carotenoids, providing scientific backing for regulatory preferences toward natural alternatives. Government-sponsored research through the National Institutes of Health continues to validate the safety and efficacy of natural beta-carotene, strengthening the scientific foundation for regulatory approvals and consumer acceptance.

Increasing Consumer Inclination Towards Plant-Based Beta Carotene Supplements

The FDA'sDietary Supplement Health and Education Act framework provides regulatory clarity for plant-based beta-carotene supplements, with the agency maintaining a database of over 60,000 supplement products that demonstrates the scale of market opportunity. Government health agencies worldwide are promoting plant-based nutrition as a strategy for addressing chronic disease prevention, with the USDA's Dietary Guidelines for Americans emphasizing the importance of carotenoid-rich foods for optimal health outcomes. The CDC's National Health and Nutrition Examination Survey data consistently shows suboptimal vitamin A intake across population groups, creating government-backed rationale for beta-carotene supplementation programs. EFSA'srecent scientific opinion, maintaining that beta-carotene intake from dietary sources is not associated with adverse health effects, provides regulatory support for plant-based supplement formulations. Government research funding through agencies like the National Science Foundation continues to support innovation in plant-based extraction technologies, reducing production costs and improving product quality for supplement applications.

Price Volatility of Natural Raw Material Like Carrot and Algae Affecting Profit Margin

Government agricultural policies and climate change impacts are causing significant volatility in raw material prices for natural beta-carotene production. USDA crop reports indicate a 16% decrease in carrot production in 2024 due to weather-related yield variations. The Department of Agriculture's National Agricultural Statistics Service data from 2023 shows rising production costs for specialty crops used in beta-carotene extraction, primarily due to labor shortages and input cost inflation. Government biofuel mandates compete with beta-carotene production for algae biomass, as renewable energy policies prioritize fuel applications over food ingredients. The Federal Reserve's monetary policies and international trade tensions influence commodity pricing, while government tariffs and trade restrictions affect the cost structure of imported raw materials. NOAA climate data from 2024 shows an increased frequency of extreme weather events disrupting agricultural supply chains, requiring beta-carotene producers to maintain higher inventory levels and accept greater price volatility. Government crop insurance programs offer limited coverage for specialty crops used in beta-carotene production, exposing producers to substantial financial risks from weather-related losses.

Other drivers and restraints analyzed in the detailed report include:

  1. Fortification Initiatives by Governments Encouraging Use in Staple Foods
  2. Strategic Partnership Among Supplier and Food and Beverage Giants Enhancing Market Reach
  3. Complex and Cost-Intensive Extraction Process

For complete list of drivers and restraints, kindly check the Table Of Contents.

Segment Analysis

Synthetic beta-carotene holds a dominant market share of 47.95% in 2024, driven by FDA and EFSA safety approvals and cost advantages in government fortification programs. The FDA's Generally Recognized as Safe (GRAS) designation provides clear regulatory pathways for food and supplement applications. Government procurement programs prefer synthetic variants due to standardized specifications and competitive pricing, particularly in developing countries' fortification initiatives. The USDA's animal feed regulations support synthetic beta-carotene use in livestock applications, ensuring steady demand in agricultural markets.

Natural beta-carotene shows a growth rate of 7.52% CAGR during 2025-2030, supported by government organic standards and regulations favoring natural ingredients. The USDA's National Organic Program requires natural sources for organic certification, creating a distinct market segment. The EU's Green Deal policies create institutional demand through government procurement preferences, while Asia-Pacific regulatory developments, including China's health food regulations, expand market opportunities while maintaining quality requirements.

The Beta-Carotene Market is Segmented by Nature (Natural and Synthetic), Form (Liquid and Powder), Application (Food and Beverage, Dietary Supplement, Animal Feed, Personal Care and Cosmetics, and Pharmaceuticals), and Geography (North America, Europe, Asia-Pacific, South America, and Middle East and Africa). The Market Forecasts are Provided in Terms of Value (USD).

Geography Analysis

Europe holds 31.19% market share in 2024, driven by EU regulations that favor natural ingredients and established government fortification programs across member states. The European Food Safety Authority's safety assessments enhance consumer confidence while establishing regulatory entry requirements. EU-wide organic farming subsidies support natural beta-carotene production, complemented by agricultural policies that encourage sustainable ingredient sourcing. The EU's Novel Food Regulation enables the introduction of innovative beta-carotene sources while upholding safety standards.

Asia-Pacific is the fastest-growing market, with a projected CAGR of 7.73% during 2025-2030, supported by government nutrition policies and developing regulatory frameworks. China's National Health Commission's inclusion of beta-carotene in approved nutrient lists enables product development and market access. India's Food Safety and Standards Authority has implemented standards for beta-carotene in fortified foods, supporting nutrition programs. Japan's Ministry of Health, Labour and Welfare regulations support functional foods containing beta-carotene, addressing population health needs. Agricultural policies across Southeast Asia promote biofortified crops, increasing demand for beta-carotene enhancement technologies.

North America exhibits consistent growth through the FDA and Health Canada regulatory frameworks, providing guidelines for beta-carotene use in food, supplements, and cosmetics. The USDA's organic standards create premium market opportunities, while government research funding advances sustainable production methods. Mexico's COFEPRIS alignment with international standards enhances North American market integration. The USMCA provisions support regional supply chain development and facilitate beta-carotene trade. Other regions, such as South America, the Middle East, and Africa, and others are also applying regulatory strategies to incorporate beta carotene as an additive in food processing industries. For example, the National Health Surveillance Agency (ANVISA) regulates beta-carotene usage as a food additive and supplement in Brazil. ANVISA ensures food safety and quality by following standards established by Mercosur (the Southern Common Market) and adhering to recommendations from the World Health Organization (WHO) and the Food and Agriculture Organization (FAO).

List of Companies Covered in this Report:

  1. BASF SE
  2. DSM-Firmenich
  3. Adama Ltd (LycoRed Ltd.)
  4. Givaudan SA
  5. Allied Biotech Corporation
  6. Sensient Technologies Corporation
  7. Zhejiang Medicine Co., Ltd.
  8. Divi's Nutraceuticals
  9. Dohler Group
  10. BioExtract Ltd.
  11. Guangzhou Leader Bio-Technology Co., Ltd.
  12. Synthite Industries
  13. Vidya Herbs
  14. Foodchem International
  15. Plant Ex Ingredients LTD
  16. Vinayak Corporation
  17. Central Drug House (P) Ltd
  18. AVANSCHEM
  19. Cosroma
  20. Novonesis

Additional Benefits:

  • The market estimate (ME) sheet in Excel format
  • 3 months of analyst support
Please note: The report will take approximately 2 business days to prepare and deliver.

Table of Contents

100 Pages
1 INTRODUCTION
1.1 Study Assumptions and Market Definition
1.2 Scope of the Study
2 RESEARCH METHODOLOGY
3 EXECUTIVE SUMMARY
4 MARKET LANDSCAPE
4.1 Market Overview
4.2 Market Drivers
4.2.1 Surging Demand for Natural Food Colorants in Fuctional Food and Beverage
4.2.2 Increasing Consumer Inclination Towards Plant Based Beta Carotene Supplements
4.2.3 Fortification Initiatives by Governments Encouraging Use in Staple Foods
4.2.4 Strategic Partnership Among Supplier and Food and Beverage Giants Enhancing Market Reach
4.2.5 Surge in Demand For Algae-Derived Beta-Carotene as Sustaiable Ingredient
4.2.6 Rising Utilisation of Beta-Carotene in Ethic and Herbal Beauty Products
4.3 Market Restraints
4.3.1 Price Volatility of Natural Raw Material Like Carrot and Algae Affection Profit Margin
4.3.2 Complex and Cost-Intensive Extraction Process
4.3.3 Stringent Labeling and Purity Regulations
4.3.4 Limited Consumer Awarness in Emerging Markets
4.4 Supply Chain Analysis
4.5 Regulatory Outlook
4.6 Porter’s Five Forces
4.6.1 Threat of New Entrants
4.6.2 Bargaining Power of Buyers/Consumers
4.6.3 Bargaining Power of Suppliers
4.6.4 Threat of Substitute Products
4.6.5 Intensity of Competitive Rivalry
5 MARKET SIZE AND GROWTH FORECASTS (VALUE)
5.1 By Nature
5.1.1 Natural
5.1.2 Synthetic
5.2 By Form
5.2.1 Powder
5.2.2 Liquid
5.3 By Application
5.3.1 Food and Beverage
5.3.2 Dietary Supplement
5.3.3 Animal Feed
5.3.4 Personal Care and Cosmetics
5.3.5 Pharmaceuticals
5.4 By Geography
5.4.1 North America
5.4.1.1 United States
5.4.1.2 Canada
5.4.1.3 Mexico
5.4.1.4 Rest of North America
5.4.2 Europe
5.4.2.1 United Kingdom
5.4.2.2 Germany
5.4.2.3 Spain
5.4.2.4 France
5.4.2.5 Italy
5.4.2.6 Russia
5.4.2.7 Rest of Europe
5.4.3 Asia-Pacific
5.4.3.1 China
5.4.3.2 India
5.4.3.3 Japan
5.4.3.4 Australia
5.4.3.5 Rest of Asia-Pacific
5.4.4 South America
5.4.4.1 Brazil
5.4.4.2 Argentina
5.4.4.3 Rest of South America
5.4.5 Middle East and Africa
5.4.5.1 Saudi Arabia
5.4.5.2 South Africa
5.4.5.3 Rest of Middle East and Africa
6 COMPETITIVE LANDSCAPE
6.1 Market Concentration
6.2 Strategic Moves
6.3 Market Ranking Analysis
6.4 Company Profiles (includes Global-level Overview, Market-level Overview, Core Segments, Financials (if available), Strategic Information, Market Rank/Share, Products and Services, Recent Developments)
6.4.1 BASF SE
6.4.2 DSM-Firmenich
6.4.3 Adama Ltd (LycoRed Ltd.)
6.4.4 Givaudan SA
6.4.5 Allied Biotech Corporation
6.4.6 Sensient Technologies Corporation
6.4.7 Zhejiang Medicine Co., Ltd.
6.4.8 Divi's Nutraceuticals
6.4.9 Dohler Group
6.4.10 BioExtract Ltd.
6.4.11 Guangzhou Leader Bio-Technology Co., Ltd.
6.4.12 Synthite Industries
6.4.13 Vidya Herbs
6.4.14 Foodchem International
6.4.15 Plant Ex Ingredients LTD
6.4.16 Vinayak Corporation
6.4.17 Central Drug House (P) Ltd
6.4.18 AVANSCHEM
6.4.19 Cosroma
6.4.20 Novonesis
7 MARKET OPPORTUNITIES AND FUTURE OUTLOOK
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