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Synthetic Beta-Carotene Market

Key market trends included a shift towards natural and plant-based ingredients, as consumers sought cleaner labels and healthier options. This drove the demand for naturally sourced beta-carotene, but synthetic beta-carotene still had its place due to its cost-effectiveness and consistency in production. The market was also influenced by regulatory changes and evolving dietary preferences, which affected the application and formulation of synthetic beta-carotene in various products.

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Synthetic Beta-Carotene Market

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  1. Synthetic Beta-Carotene Market 2023-2033 www.persistencemarketresearch.com

  2. MarketOverview(2023to2033) The synthetic beta-carotene market is a vital segment of the global food and pharmaceutical industries, offering a wide range of applications due to its significant role as a natural colorant and source of provitamin A. This market report provides a comprehensive analysis of the Synthetic Beta-Carotene Market, including its current status, growth factors, and key market drivers. The global synthetic beta-carotene market is estimated to be valued at US$ 228.5 million in 2023. The market is projected to expand at 5.6% CAGR to reach a valuation of US$ 395.3 million by the end of 2033.

  3. MarketSegmentations 01 02 03 04 • Report Coverage • Market Forecast • Share Analysis • Market Analysis: • US$ Million for Value • Tons for Volume • Key Regions Covered • North America • Europe • South Asia & Pacific Product Type: • Powder • Liquid

  4. KeyPlayers • Key players : • Allied Biotech Corporation • Arshine Natural & Nutrition • Archer Daniels Midland Company • BASF SE • Divis Laboratories Ltd. • Döhler GmbH • Kingherbs Limited • Koninklijke DSM NV • Lycored Corp • Oterra A/S • Sensient Technologies Corp. • ShaivaaAlgaetech LLP • Vidya Herbs Pvt. Ltd. • Vinayak Ingredients India Pvt. Ltd • Davos Life Science

  5. KeyGrowthDrivers • Growing Demand for Natural Food Colorants: As consumers become more health-conscious and seek cleaner labels, the demand for natural food colorants has surged. Synthetic beta-carotene serves as a natural and safe alternative to synthetic colorants, contributing to its increased use in food and beverage products. • Rising Health and Wellness Awareness: Synthetic beta-carotene's association with health benefits, such as its role as a precursor to vitamin A, its antioxidant properties, and its potential to support skin and eye health, has driven its inclusion in dietary supplements and functional foods. • Cosmetics and Personal Care Industry: The cosmetics and personal care industry has embraced synthetic beta-carotene due to its skin-enhancing properties. It is used in various skincare and beauty products to promote healthy and radiant skin, meeting the growing demand for natural and clean beauty products. • Cost-Effectiveness and Consistency: Synthetic beta-carotene is cost-effective to produce and offers consistent quality, making it an attractive choice for manufacturers looking for a reliable and economical source of beta-carotene for their products.

  6. ContactUs +1-646-568-7751 sales@persistencemarketresearch.com 305Broadway,7thFloor,NewYorkCity, NY 10007,UnitedStates Persistence Market Research ThankyouForReading WWW.PERSISTENCEMARKETRESEARCH.COM

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