Global Beetroot Powder Market Overview:
The beetroot refers to the taproot port of a beet plant. Beetroot powder is obtained by beetroot is grinding dried beetroot. In the food industry rising usage of beetroot powder as a taste enhancer and flavoring agent and increasing use of beetroot powder in the cosmetics industry due to its higher antioxidant content expected to drive the market demand over the forecasted period. Moreover, growing awareness about the health benefits associated with beetroot powder propelling market growth. Some of the players profiled in the study are Bioglan (Australia), Super Sprout LLC & Juices International Pty Ltd. (Australia), Vita Health Ltd. (New Zealand), Natures Aid Ltd. (United Kingdom), Nature's Way Products (United States), Go Superfood (United States) and Mountain Rose Herbs (United States).
On the basis of geography, the market of Beetroot Powder has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Packaging , the sub-segment i.e. Cans will boost the Beetroot Powder market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Distribution channel, the sub-segment i.e. Online Retail will boost the Beetroot Powder market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Growth Drivers
- Rising Awareness about Nutritional Content of the Beetroot Powder
- Growing Online Distribution Channel for Beetroot Powder
Influencing Trend
- Increasing Use of Beetroot Powder in Cosmetics
Restraints
- Stringent Government Regulations Regarding Beetroot Powder
Opportunities
- Growing the Demand for Beetroot Powder from Food Industry
- Rising Demand from the Developing Economies
Challenges
- Lack of Awareness in the Emerging Economies
“According to the Food and Drug Administration (FDA), specifications for beetroot powder are as follows. The color additive shall conform to the following specifications: Volatile matter, not more than 4 percent. Acid insoluble ash, not more than 0.5 percent. Lead (as Pb), not more than 10 parts per million. Arsenic (as As), not more than 1 part per million. Mercury (as Hg), not more than 1 part per million.”
Target Audience:
Beetroot Powder Manufacturers, Beetroot Powder Distributors, Research and Development Institutes, Potential Investors, Raw Material Suppliers, Nationalized Laboratory and Others
Major Objectives Focused through this Study
To define, describe, and forecast the Global Beetroot Powder market on the basis of product [Conventional Beetroot Powder and Organic Beetroot Powder] , application [Food industry, Pharmaceuticals and Cosmetics], key regions and end user
To provide in-depth information regarding major influencing factors affecting the growth of the market (trends, drivers, restraints, opportunities, and industry-centric and regional challenges)
To strategically analyse the micro-markets and important business segments with respect to individual growth drivers , market trends and potential, and historical contributions to the total market
Identifying the opportunities in the market for key stakeholders and detailing the competitive landscape for market leaders
To provide market size for various segments of the Beetroot Powder market with respect to major geographies, namely, South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico)
To strategically profile the key players and analyzing their market shares and core competencies in the Beetroot Powder industry
To track key developments such as product launches, expansions, agreements, partnerships, mergers & acquisitions, and R&D activities that are key factors in shaping the market
Available Customization:
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**. Additionally, the Vendors which are also part of the research are .
** Confirmation on availability of data would be informed prior purchase
While framing the research framework, major and emerging players operating in the Beetroot Powder market in various regions have been profiled, and their offerings, geographic footprints, and distribution/sales channels have been analysed through in-depth discussions. The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.