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Beetroot Powder Market Size
- Report ID: GMI3977
- Published Date: Aug 2023
- Report Format: PDF
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.
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.
| 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: |
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| Pitfalls & Challenges: |
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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.
Frequently Asked Questions (FAQ) :
Beetroot Powder Market Scope
