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Beetroot Powder Market Analysis

Report ID: GMI3977
Published Date: Aug 2023
Report Format: PDF

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Beetroot Powder Market Analysis

Beetroot Powder Market Size, By Type, 2021 - 2032 (USD Million)

The beetroot powder market from organic segment dominated around USD 251.3 million revenue in 2022. Organic beetroot powder appeals to health-conscious consumers who prioritize products free from synthetic pesticides and chemicals.

Global Beetroot Powder Market Revenue Share (%), By Application, (2023)

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Food and Beverage segment accounted for 36% of the beetroot powder market share in 2022. The demand for natural and clean label colorants in food and beverages drives the use of beetroot powder to impart vibrant red hues without relying on synthetic dyes.

The beetroot powder market from online retail segment is anticipated to grow at 4.5% CAGR through 2032. Online retail provides consumers with the convenience of purchasing beetroot powder from the comfort of their homes, contributing to its popularity.

U.S. Beetroot Powder Market Size, 2021- 2032 (USD Million)

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U.S. beetroot powder market size held over USD 92.8 million in 2022. The emphasis on health and wellness in North America drives the demand for functional foods and ingredients like beetroot powder, known for its potential cardiovascular benefits and nutrient content.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

The market size of beetroot powder recorded USD 476.24 million in 2023 and is set to reach USD 720.6 million by the end of 2032, says this GMI report.

Food and Beverage segment share was around 36% in 2022, owing to the growing demand for natural and clean label colorants in food and beverages.

U.S. market size was valued at USD 92.8 million revenue in 2022, due to the region

Nature's Way Products, LLC, NutriCargo, LLC, Super Sprout LLC, BioNutra Ingredients, LLC, Organic Herb Inc., Pure Naturals, Radiant Whole Food, Earth Notions Inc., Diana Food, Aryan International, Marudhar Foods Private Limited, BioGin Biochemicals Co., Ltd., SaludViva, Vital Health Foods, Food to Live.