According to a recent survey conducted by ChemView Consulting, the Global Beetroot Powder Market grew at a CAGR of 5.2% between 2017-2021 and is estimated to be US$ 412.3 Mn in 2022. Currently, the market is anticipated to grow at a CAGR of 5.5% and is expected to reach a valuation of US$ 704.3 Mn by 2032 end.
Beetroot powder is obtained by grinding and grinding dry beetroot. Also known as beetroot, golden beet, or garden beer. Beetroot powder is a rich source of vitamins and minerals, including vitamin C and vitamin A, and is also an excellent source of potassium, iron and magnesium. From a biological point of view, beetroot powder has many benefits, including: B. Supports and strengthens the immune system, improves skin health and maintains strong bones. It is also consumed for maintaining and maintaining blood pressure, improving liver function and weight loss. The beet powder market is expected to gain strong traction during the forecast period, owing to growing interest in healthy lifestyles, rising demand for organic foods, and environmental and ethical issues.
Some people are undergoing lifestyle changes, increasing adoption of healthy lifestyles. The health benefits of beet powder are growing in popularity among health-conscious individuals. In addition to vitamins and minerals, nitrates are part of beet powder. Beets and many other vegetables naturally contain Contains nitrates that occur. Healthy blood flow is enhanced with dietary nitrates. Studies show that beetroot powder helps lower postprandial blood sugar levels. Obese people may benefit from using beetroot powder to increase insulin sensitivity and lower blood sugar levels. More research is needed, but these results may be encouraging for those with diabetes and other blood sugar problems.
The global market for beetroot powder is slightly fragmented. The beetroot powder market is highly competitive due to the presence of many active players. The aim of many providers in this market is to raise the bar on their products. Additionally, many players are stepping up efforts to expand their customer base through attractive product packages.
Beet price and production increase may hinder market growth. People in developing and underdeveloped countries may face difficulties in using products containing beetroot powder due to their higher prices, which may hamper the growth of the market during the forecast period.
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A list of some of the key suppliers present in the market are:
- Yesraj Agro Exports Pvt. Ltd
- Bioglan
- Nature’s Way Products LLC
- Super Sprout LLC & Juices International Pty Ltd.
- NutraMarks Inc.
- Radiance Ltd.
- Go Superfood
- Natures Aid Ltd.
- Botanical Ingredients Ltd
Report Coverage and Highlights
- Our comprehensive, data-backed, and facts-oriented report provides niche and cross-sectional analysis at global and country levels.
- Assessment of the historical (actual data) and current market size (2017-2021), market projections (2022-2032), and CAGR.
- The market assessment across North America, Europe, East Asia, South Asia & Pacific, Latin America, Middle East, and Africa.
- Competitive tactical intelligence, key strategies adopted by top players, production capacity and company shares analysis, product brand surveys, and export-import analysis
- Pricing analysis to set and benchmark your current or future offerings across each product type helps you understand whether your pricing strategy is aligned with market expectations and can be compared to market disruptions.
- Predictions on critical supply and demand trends and technological expertise needed to address operations scalability.
- Consumer behavior shifts and their implications for players, list of end-users, and their consumption analysis.
- Key drivers, restraints, opportunities, and emerging trends impacting the market growth.
- Value chain analysis (list of manufacturers, distributors, end-users, and average profitability margins).
- Strategic market analysis, recommendations, and future headways on crucial winning strategies.
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