Beta Carotene Market by Product (Synthetic, Natural), Source (Fruits & Vegetables, Algae, Synthetic, Yeast, Fungi, Bacteria), Application (Food & Beverages, Pharmaceuticals, Cosmetics, Animal Feed, Dietary Supplements), & Region for 2024- 2031
Beta Carotene Market Valuation - 2024-2031The consumer desire for natural hues in food, cosmetics, and dietary supplements and growing health consciousness about synthetic additives are driving the beta-carotene market. According to the analyst from Verified Market Research, the beta carotene market is estimated to reach a valuation of USD 471.55 Billion over the forecast subjugating around USD 352.16 Billion valued in 2024.The expanding popularity of natural and organic products, the rising demand for functional foods, and the growing knowledge of antioxidants' health advantages are all driving the global beta-carotene market forward. It enables the market to grow at a CAGR of 4.1% from 2024 to 2031.Beta Carotene Market: Definition/OverviewBeta-carotene is a pigment and carotenoid present in many fruits and vegetables, especially yellow, orange, or dark green, such as carrots, sweet potatoes, and spinach. It acts as a precursor of vitamin A in the body, necessary for clear vision, a s...