Beetroot Powder Market to Garner Bursting Revenues by 2030
Latest business intelligence report released on Global Beetroot Powder Market, covers different industry elements and growth inclinations that helps in predicting market forecast. The report allows complete assessment of current and future scenario scaling top to bottom investigation about the market size, % share of key and emerging segment, major development, and technological advancements. Also, the statistical survey elaborates detailed commentary on changing market dynamics that includes market growth drivers, roadblocks and challenges, future opportunities, and influencing trends to better understand Beetroot Powder market outlook.
List of Key Players Profiled in the study includes market overview, business strategies, financials, Development activities, Market Share and SWOT analysis: Bioglan AB (Australia), Super Sprout LLC & Juices International Pty Ltd. (Australia), Vita Health (New Zealand), Natures Aid (United Kingdom), Nature's Way Products (United States), Go Superfood (United States), Mountain Rose Herbs (United States).
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Brief Overview on Beetroot Powder: 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.
Key Market Trends: Increasing Use of Beetroot Powder in Cosmetics
Opportunities: Growing the Demand for Beetroot Powder from Food Industry
Rising Demand from the Developing Economies
Market Growth Drivers: Rising Awareness about Nutritional Content of the Beetroot Powder
Growing Online Distribution Channel for Beetroot Powder
Challenges: Lack of Awareness in the Emerging Economies
Segmentation of the Global Beetroot Powder Market: by Type (Conventional Beetroot Powder, Organic Beetroot Powder), Application (Food industry, Pharmaceuticals, Cosmetics), Packaging (Cans, Bottle, Bags), Distribution channel (Online Retail, Retail Shops, Departmental stores, Supermarket)
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“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.”
Geographically, the following regions together with the listed national/local markets are fully investigated:
? APAC (Japan, China, South Korea, Australia, India, and Rest of APAC; Rest of APAC is further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, and Sri Lanka)
? Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe; Rest of Europe is further segmented into Belgium, Denmark, Austria, Norway, Sweden, The Netherlands, Poland, Czech Republic, Slovakia, Hungary, and Romania)
? North America (U.S., Canada, and Mexico)
? South America (Brazil, Chile, Argentina, Rest of South America)
? MEA (Saudi Arabia, UAE, South Africa)
Furthermore, the years considered for the study are as follows:
Historical data – 2018-2023
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The base year for estimation – 2023
Estimated Year – 2024
Forecast period** – 2024 to 2030 [** unless otherwise stated]
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Summarized Extracts from TOC of Global Beetroot Powder Market Study
Chapter 1: Exclusive Summary of the Beetroot Powder market
Chapter 2: Objective of Study and Research Scope the Beetroot Powder market
Chapter 3: Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis
Chapter 4: Market Segmentation by Type, End User and Region/Country 2016-2027
Chapter 5: Decision Framework
Chapter 6: Market Dynamics- Drivers, Trends and Challenges
Chapter 7: Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile
Chapter 8: Appendix, Methodology and Data Source
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