Industry Background:
The Black carrot plays an important role in human nutrition, as it comprises a variety of health-promoting components. It is rich in antioxidants such as vitamins C and E and also has phenolic compounds, which contribute significantly to the antioxidant capacity. It is also an excellent source of anthocyanins. Anthocyanins help to lower bad cholesterol (LDL) along with helping protect the arteries against oxidation. Some of the benefits of black carrots are oxidative stress and tissue regeneration, cancer cell anti-proliferation, neurological diseases, and anti-oxidant activity.This growth is primarily driven by Growing Demand for Black Carrot Extracts Owing To Their Health Benefits Such As Reduction in the Neurological Diseases Such As Alzheimer’s
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Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Forecast Period | 2023-2028 |
Volume Unit | K Tons |
Value Unit | USD (Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
The Food Products sector in the
region has been increasing at a sustainable rate and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Vendors, such as Secna S.A (Spain), Z Natural Foods, LLC (United States), Erkon Konsantre (Turkey), Asya Taste (Turkey), Aureli Agricultural Company (Italy), GreenHeart Store (United Kingdom), Rawnice (Sweden), Puyer Group (Hong Kong), Arshine Pharmaceutical Co. (China) and Xi'an Asclepius Bio-Tech Co., Ltd. (China), etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Expansion of production, Black carrot cultivation is expanding in some regions, such as China and India, to meet the growing demand for natural food colorants. This could increase the availability of black carrot extract and make it more accessible to manufacturers and consumers.The global Black Carrot market is consolidated in nature very few companies are producing black carrot extracts in the form of juices, concentrates, or as a powder. Moreover, they are developing new technologies for extracting the material so that all the nutritional value can be maintained.
Regulatory Insights:
European Union, the European Food Safety Authority (EFSA) regulates the use of food colorants, including black carrot extract. The EFSA has established guidelines for the safe use of natural colorants in food products and evaluates their safety before they are approved for use
Influencing Trend:
Use of Black Carrot Extract in Natural Food Coloring
Market Growth Drivers:
Growing Demand for Black Carrot Extracts Owing To Their Health Benefits Such As Reduction in the Neurological Diseases Such As Alzheimer’s and High Dietary Fibre Help to Stimulate Peristaltic Motion, Improves the Nutrient Absorption in the Gut, and Helps Smoothen the Bowel Movements
Challenges:
Excessive Consumption May Lead To Skin Discoloration, Allergic Reactions, Flatulence, and Blood Pressure Issues.
Restraints:
Black Carrots Are Perishable and Difficult To Preserve As a Raw Product
Opportunities:
Increasing Demand of Black Carrot in Pharmaceutical Applications Due To Neuroprotective Properties, and Anticancer Potential.
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mainly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Vendors landscape impacting the market's growth. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Data Sources of Black Carrots Market Study
Primary Collection: InMail, LinkedIn Groups, Survey Monkey, Google, and Other professional Forums are some of the mediums utilized to gather primary data through key industry participants and appointees, subject-matter experts, C-level executives of Black Carrots Industry, among others including independent industry consultants, experts, to obtain and verify critical qualitative commentary and opinion and quantitative statistics, to assess future market prospects.
The primary interviews and data collected as per the below protocols: By Designation: C-Level, D-Level, Others
By Company Type: Tier 1, Tier 2, Tier 3
Secondary Data Sources such as Annual reports, Press releases, Analyst meetings, Conference calls, Investor presentations, Management statements, and SEC filings of Black Carrots players along with Regulatory Sites, Association, World bank, etc were used as sources secondary set of data.
Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Black Carrots Study Sheds Light on
The Black Carrots Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Black Carrots industry Vendors. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Black Carrots industry is heading and what are the top priorities. Insights are drawn from financial analysis, surveys, and interviews with key executives and industry experts.
How every company in this diverse set of Vendors can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.