Beta Carotene Market Size – By Product Type, Form, Application Analysis, Share, Growth Forecast, 2025 - 2034

Report ID: GMI204
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Published Date: January 2025
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Report Format: PDF

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Beta Carotene Market Size

The global beta carotene market size was valued at USD 610.5 million in 2024 and is estimated to grow at a CAGR of over 4.7% from 2025 to 2034. The growing consumer preference for clean-label products is driving the demand for natural food colorants, including beta carotene. With increasing awareness of the adverse effects of synthetic additives, manufacturers are shifting towards natural alternatives to meet consumer expectations.
 

Beta carotene, derived from sources like carrots, sweet potatoes, and algae, serves as a natural pigment that offers vibrant colors ranging from yellow to orange. It is widely used in beverages, dairy products, and baked goods, enhancing both appearance and nutritional value.

The rising trend of plant-based and organic foods has further fueled the adoption of beta carotene in food formulations. Its dual role as a colorant and an antioxidant adds to its appeal in health-focused food products. Additionally, regulatory support for natural additives has encouraged manufacturers to incorporate beta carotene into their product lines. The ability to enhance product differentiation and brand positioning makes beta carotene a valuable ingredient for the food industry. As consumers continue to prioritize natural and sustainable choices, the demand for beta carotene as a natural food colorant is expected to grow significantly.
 

Beta Carotene Market Trends

The use of beta carotene in the dietary supplements industry is growing rapidly, driven by increasing consumer awareness about health and wellness. Beta carotene is a precursor to vitamin A, essential for maintaining vision, immune health, and skin integrity. With the rising prevalence of lifestyle diseases and nutrient deficiencies, consumers are seeking supplements that provide multiple health benefits, positioning beta carotene as a key ingredient.
 

Dietary supplements enriched with beta carotene are particularly popular among individuals focused on boosting immunity and combating oxidative stress. The compound’s potent antioxidant properties help neutralize free radicals, reducing the risk of chronic conditions like cardiovascular diseases and certain cancers. This has made beta carotene supplements a preferred choice in preventive healthcare.
 

The aging population also contributes to the rising demand for beta carotene in supplements. Older adults often require higher nutrient intake, and beta carotene supports healthy aging by promoting skin health and protecting against macular degeneration. Additionally, the growing popularity of vegan and plant-based supplements aligns with beta carotene, as it is predominantly derived from plant sources.
 

Market trends indicate a strong shift toward fortified products, including multivitamins and functional foods, which frequently incorporate beta carotene for its nutritional value. Manufacturers are also leveraging the clean-label trend by promoting beta carotene as a natural and sustainable ingredient in their product offerings. This aligns with consumer preferences for transparent and ethically sourced products.
 

Moreover, the increased focus on sports nutrition has expanded the application of beta carotene in supplements aimed at enhancing athletic performance and recovery. With beta carotene’s ability to support respiratory and cardiovascular health, it has become a sought-after component in the active lifestyle segment.
 

Beta Carotene Market Analysis

The production of natural beta carotene involves complex processes, often requiring the cultivation and extraction of pigments from sources like carrots, sweet potatoes, and algae. These processes demand significant investment in agricultural practices, raw material sourcing, and advanced extraction technologies. Additionally, factors such as seasonal variability and limited crop yields further escalate costs, making natural beta carotene more expensive than its synthetic counterparts.
 

The labor-intensive nature of farming and the need for stringent quality controls add to the overall production expense. Transportation and storage requirements, particularly for maintaining the stability of natural beta carotene, also contribute to higher costs. For manufacturers, balancing cost-efficiency with the growing demand for natural ingredients becomes a challenging equation.
 

Beta Carotene Market Size, By Product Type, 2021 - 2034 (USD Million)

Based on product type, the market is segmented into natural, synthetic and nature identical. The natural segment dominate the market by generating USD 265.5 million revenue in the year 2024. Natural beta carotene, derived from sources like carrots, sweet potatoes, and algae, is a highly sought-after segment in the beta carotene market. It aligns with the growing consumer preference for clean-label and plant-based products, offering both nutritional and aesthetic benefits.
 

Known for its pro-vitamin A properties, natural beta carotene is widely used in dietary supplements, functional foods, and beverages. Its antioxidant properties make it ideal for health-focused applications, while its vibrant color adds appeal to food products. Despite its benefits, the segment faces challenges like high production costs and seasonal crop variability, yet it remains a key focus area for innovation and growth.
 

 Beta Carotene Market Revenue Share, By Form, (2024)

Based on form, the beta carotene market is segmented into powder and liquid. The powder segment hold a dominant market share of 58% in 2024. Powdered beta carotene dominates the market due to its superior stability, extended shelf life, and versatility across applications. It is widely used in dietary supplements, food and beverage products, and pharmaceuticals for its ease of incorporation into formulations.
 

The powdered form ensures consistent dispersion, making it ideal for products like baked goods, dairy, and nutraceuticals. Its lightweight nature also facilitates easier transportation and storage compared to liquid beta carotene. The demand for powdered beta carotene continues to grow, driven by its functional benefits and compatibility with various processing techniques.
 

Based on application, the beta carotene market is segmented into food and beverages, dietary supplements, animal feed, pharmaceuticals, cosmetics and others. Food and beverages hold a dominant market share of 39% in the market. In the market, the food and beverage sector is a key driver of demand. Beta carotene is widely used as a natural colorant in products like juices, dairy, confectionery, and snack foods, providing vibrant orange and yellow hues.
 

Beyond its colorant properties, it also offers nutritional benefits, acting as an antioxidant and a source of vitamin A. With the rising consumer preference for clean-label and natural ingredients, food and beverage manufacturers are increasingly incorporating beta carotene into their formulations. Its versatility in both solid and liquid applications further boosts its adoption in this sector.
 

U.S. Beta Carotene Market Size, 2021- 2034 (USD Million)

The U.S. beta carotene market size dominated around USD 143.5 million in 2024, driven by the increasing demand for natural food colorants and health supplements. The growing focus on preventative health, along with the rising popularity of plant-based and organic products, has boosted the consumption of beta carotene in dietary supplements and functional foods. The U.S. also leads in research and development, with innovations enhancing the applications of beta carotene in various industries, from food to cosmetics.
 

In North America, the beta carotene market is dominated by the U.S., with Canada contributing to the demand in both food and beverage products and dietary supplements. The region benefits from a strong inclination towards natural, clean-label ingredients, which propels the use of beta carotene in a variety of applications. Moreover, regulatory support and high consumer awareness regarding health and wellness further drive market growth in North America.
 

Beta Carotene Market Share

Beta Carotene Market Company Share, (2024)

AVANSCHEM is a key player in the beta carotene industry, providing high-quality beta carotene derived from plant sources like algae and carrots. Their focus on sustainable sourcing aligns with the growing demand for clean-label and natural additives in the food, beverage, and supplement industries.
 

BASF SE is a global leader in the production of specialty chemicals, including beta carotene. The company offers both synthetic and natural beta carotene solutions, which are widely used in food, beverages, and dietary supplements, highlighting BASF’s commitment to meeting the demand for functional, health-oriented ingredients.
 

colorMaker, Inc. specializes in the development of natural colorants, including beta carotene, for the food and beverage industry. Their products are designed to provide vibrant, stable color while aligning with the increasing consumer preference for natural and clean-label ingredients.
 

DSM-Firmenich is a prominent supplier of beta carotene, offering both synthetic and natural options. Their focus on sustainability and innovation helps drive the use of beta carotene in health supplements and functional foods, meeting the growing demand for vitamin A and antioxidant benefits.
 

Farbest Brands is a key distributor of high-quality beta carotene, catering to industries such as food, beverage, and dietary supplements. Their products are sourced from natural ingredients, ensuring that they meet consumer demands for clean-label, functional additives with antioxidant properties.
 

Beta Carotene Market Companies

Major players operating in the beta carotene industry are: 

  • AVANSCHEM
  • BASF SE
  • colorMaker, Inc.
  • dsm-firmenich
  • Farbest Brands
  • Foodchem International Corporation
  • Lycored 
  • Xi'an Healthful Biotechnology Co., Ltd 
  • YAEGAKI Bio-industry, Inc. 
  • Zhejiang Medicine Co., Ltd.
     

Beta carotene Industry News

  • In March 2023, BASF announced the expansion of its beta carotene production capacity in Asia. The expansion is in response to the growing demand for beta carotene in the region, particularly in China and India.
     
  • In April 2023, Kemin announced the launch of a new line of beta-carotene-based dietary supplements. The supplements are designed to help improve vision, immunity, and skin health.
     

The beta carotene market research report includes in-depth coverage of the industry, with estimates & forecast in terms of revenue (USD Million) & volume (Kilo Tons) from 2021 to 2034, for the following segments:

Market, By Product Type

  • Natural
  • Synthetic
  • Nature identical

Market, By Form

  • Powder
  • Liquid

Market, By Application

  • Food and beverages
  • Dietary supplements
  • Animal Feed
  • Pharmaceutical
  • Cosmetics
  • Others

The above information is provided for the following regions and countries:

  • North America
    • U.S.
    • Canada
  • Europe
    • UK
    • Germany
    • France
    • Italy
    • Spain
    • Russia
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Australia 
  • Latin America
    • Brazil
    • Mexico
  • MEA
    • UAE
    • Saudi Arabia
    • South Africa

 

 

 

Authors: Kiran Pulidindi, Keshav Tandle
Frequently Asked Question(FAQ) :
Who are the major players in the beta carotene industry?
Major players in the industry include AVANSCHEM, BASF SE, colorMaker, Inc., dsm-firmenich, Farbest Brands, Foodchem International Corporation, Lycored, Xi'an Healthful Biotechnology Co., Ltd, YAEGAKI Bio-industry, Inc., and Zhejiang Medicine Co., Ltd.
How much is the U.S. beta carotene market worth?
How big is the beta carotene market?
What is the size of powder beta carotene industry?
Beta Carotene Market Scope
  • Beta Carotene Market Size
  • Beta Carotene Market Trends
  • Beta Carotene Market Analysis
  • Beta Carotene Market Share
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    Base Year: 2024

    Companies covered: 10

    Tables & Figures: 240

    Countries covered: 18

    Pages: 310

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