Home > Food & Beverages > Food Additives > Antioxidants > Beetroot Powder Market

Beetroot Powder Market Size

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

Download Free Sample

Beetroot Powder Market Size

Beetroot Powder Market was valued at USD 476.24 million in 2023 and is estimated to expand at a CAGR of over 4.8% between 2024 and 2032. Increased awareness about health and wellness among consumers has led to a demand for natural and functional ingredients. Beetroot powder is rich in antioxidants, vitamins, minerals, and dietary nitrates, which are associated with various health benefits, including improved cardiovascular health, reduced blood pressure, and enhanced exercise performance.

To get key market trends

Download Free Sample

Beetroot powder is used as a natural colorant in food and beverage products. As consumers seek natural alternatives to synthetic colorants, beetroot powder provides an attractive option for creating visually appealing and healthier products.

Beetroot Powder Market Report Attributes
Report Attribute	Details
Base Year:	2023
Beetroot Powder Market Size in 2023:	USD 476.2 Million
Forecast Period:	2024 to 2032
Forecast Period 2024 to 2032 CAGR:	4.8%
2032 Value Projection:	USD 720.6 Million
Historical Data for:	2018 to 2023
No. of Pages:	150
Tables, Charts & Figures:	191
Segments covered:	Type, Application, Distribution Channel, Region
Growth Drivers:	Growing food and beverages industry Increasing consumer awareness on health benefits Rising vegan population
Pitfalls & Challenges:	Supply Chain Disruptions Quality and Consistency Price Volatility

Learn more about the key segments shaping this market

Download Free Sample

The production of beetroot powder is dependent on a steady supply of quality raw beetroots. Maintaining consistent quality and color in beetroot powder can be challenging due to variations in beetroot crops and processing methods. Fluctuations in the prices of raw beetroots and other production inputs can impact the cost of producing beetroot powder.

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’s emphasis on health and wellness that drives the demand for functional foods and ingredients like beetroot powder.

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.