The colour additive beta-carotene may be safely used for colouring foods generally, in amounts consistent with good manufacturing practice, except that it may not be used to colour those foods for which standards of identity have been promulgated under section 401 of the act unless the added colour is authorized by such standards.
According to the report, Increasing Demand from Personal Care Products and Cosmeceuticals
is one of the primary growth factors for the market. Increasing Consumer Awareness About Anti-Cancer and Other Health Benefits
is also expected to contribute significantly to the Beta-Carotene market. Overall, Food and Beverages
applications of Beta-Carotene, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The Source Type, such as Algae, is boosting the Beta-Carotene market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
AMAs Analyst on the Global Beta-Carotene market identified that the demand is rising in many different parts of the world as "Growing Consumer Inclination Towards Natural Alternatives to Prevent Skin and Vision Related Problems
".
The report provides an in-depth analysis and forecast about the industry covering the following key features: o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies o Analyses the Global Beta-Carotene market according to Type, Application, and regions o Analyzes the top 10 players in terms of market reach, business strategy, and business focus o Provides stakeholders insights and key drivers & trends of the market
**The market is valued based on weighted average selling price (WASP) and includes any applicable taxes on manufacturers. All currency conversions used in the creation of this report have been calculated using constant annual average 2018 currency rates.
Market Size Estimation In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Beta-Carotene market and other related sub-markets covered in the study.
o Key & emerging players in the market have been observed through secondary research. o The industrys supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes. o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation The overall Beta-Carotene market size is calculated using market estimation process, the Beta-Carotene market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Beta-Carotene market size has been validated using both top-down and bottom-up approaches.