Market Overview:

Beetroot is also called as a red beet, golden beet, table beet, and garden beet. Beetroot is employed as a sweetening agent as it has more sugar than other vegetables. When the dried beetroot is grinded or milled beetroot powder is obtained. The beetroot powder offers flavor and color to many food products. The beetroot powder consists of betaine phytochemical that is helpful for the proper functioning of the cardiovascular system and also assists in processing the amino acids by the kidney and the liver. The world beetroot powder was valued USD xx billion in 2018 and expected to be growing at a CAGR of xx%, to reach USD xx billion by 2023.

Market drivers and restraints:

There is a rising demand for the beetroot powder in the food and beverage sector. It is considered that one tablespoon of beetroot powder is equal to one beetroot in terms of nutrition. In the food market, the beetroot powder is employed as a taste enhancer, flavoring agent, and to add colors to the food products. Its consumption is rising among the younger population due to the health advantages that are provided by the beetroot powder. There is an increasing utilization of the beetroot powder in the burgers and pizzas for improving the flavor and adding to the nutritional value thus increasing its demand in the fast food market. The beetroot powder is also being employed in the cosmetic industry owing to its higher antioxidant content thus propelling the demand of the market.

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Report segmented as:

By end use:

Food
beverage
By application:

curries and gravies
food color
soups
coatings
By distribution channel:

online sale
retail shops
departmental store
supermarket/hypermarket
By packaging type:

cans
bottle
bags
By type:

conventional
organic
Geographical analysis:

On the basis of the geography, the world beetroot powder market includes regions such as Asia Pacific, North America, the Middle East and Africa, Eastern Europe, Latin America, Western Europe. The key beetroot producing regions are France, Germany, Ukraine, Russia, and United States.

Important market players:

The major market players that are operating in the beetroot powder market are Yesraj Agro Exports, Bioglan, Super Sprout LLC & Juices International Pty Ltd., Radiance Ltd., Natures Aid Ltd., Nature's Way Products, Go Superfood, Botanical Ingredients Ltd., and others.

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The Scope of the report:

This report offers the current product and services market evaluation and the future estimation of the market. It helps us understand the market better through size anticipation and CAGR calculation to estimate the next market. It has a broader segmentation for better understanding of the enterprising of the market at a low level by segregating the market into smaller sectors.

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