Betanin Market
Betanin Market By Product Form (Liquid and Powder) By Product Source (Red Beet ,Yellow Beet ,Prickly Peer ,Swiss Chard ,Grain Amaranth ,Cactus Fruits) - Global Review 2018 to 2028
Analysis of Betanin Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Introduction and Need of the Product:
Betanin or beetroot red, is a red colored pigment used as a food dye, which is obtained from beetroot. The concentration of betanin in red beet could reach up to 300-600 mg/kg. Beetroots are strained, diffused or pressed at a low pH to produce water-soluble betanin. It is widely used as a natural colorant in the food, cosmetics, and paint industries. As color is the most important additive in food items, it is very important to add a color which is conformed to consumer preferences and acceptance. There are different sources of betanin, which include red or yellow beet, prickly peer, colored Swiss chard, grain amaranth, and cactus fruits.
However, red beet betalain is composed of two groups, i.e. red-violet betacyanin (e.g. betanin 25 and isobetanin) and yellow betaxanhin (e.g. vulgaxanthin I and II). Betanin also finds application in the pharmaceutical industry as a medicine for some diseases such as cancer, low blood pressure, and digestive problems. Due to its phytonutrient anti-cancer properties, the demand in the healthcare industry has increased substantially in the last few years. Some of the other applications of betanin are powdered soft drinks, colouring ice cream, additives in sugar confectionary, etc. Betanin has a long shelf life, which is why it is used in frozen products or products in the dry state.
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Betanin Market: Market Dynamics
The demand for betanin is expected to grow substantially with the rise in the consumption of food containing natural colors. Increasing consumer awareness towards the use of organic products is another major factor that may boost the sales of betanin during the forecast period. Also, in the pharmaceutical industry, betanin has emerged as a very effective medicine for some diseases, including cancer. All these factors will contribute to the growth of the global betanin market. Some of the restraints present in the market are easy degradation of betanin in the presence of light, temperature, and pH value. Also, it is slightly costly as compared to its other artificial food colorants. It has been noted that, excess consumption of beetroot could be harmful to a pregnant woman, due to its high detoxifying properties. Increasing consumer inclination towards a healthier lifestyle and organic food products may create enormous opportunities for new entrants and existing manufacturers in the global betanin market. Major food processors are opting for betanin as a natural food colorant for their branded products, rather than using other artificial alternatives.
Betanin Market: Regional Overview
The North American and European regions dominate the betanin market in terms of production capacity. The region has large number of manufacturers with high production capacities. Also, new entrants could gain significant market share in North America betanin market through offering innovative product suitable wide range of applications. It is also noticed that emerging economies such as Brazil, India, and Argentina also represent the high growth opportunities in the betanin market. Latin America and Asia-Pacific region has high growth potential due to increasing consumption of different end use products. Companies are investing huge amounts of money in these countries to set up manufacturing and sales facilities so as to boost their sales and increase their market presence. Japan and MEA also offer untapped growth potential in the betanin market.
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Betanin Market: Market Players
Some of the key players in the betanin market are
- Merck & Co. Inc.
- TCI Chemicals (India) Pvt. Ltd.
- Kanegrade Ltd.
- Hunan Nutramax Inc.
- Nanjing Zelang Medical Technology Co. Ltd.
- Kingherbs Limited
- JF Natural
- A.M. Todd Botanical Therapeutics
- Bakels Worldwide
- Monteloeder
- VWR Corporation
- Qingdao Pengyuan Kanghua Natural Source Co. Ltd.
- TOP Pharm Chemical Co. Ltd.
- and Hebei Shun Wei Biological Technology Co. Ltd.
The research report presents a comprehensive assessment of the market, and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geography, product form, product source, and end use.
The report covers an exhaustive analysis on:
- Market Segments
- Market Dynamics
- Market Size
- Supply & Demand
- Current Trends/Issues/Challenges
- Competition & Companies Involved
- Technology
- Value Chain
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Competitive landscape highlights only certain players
Complete list available upon request
Regional analysis includes:
- North America
- U.S.
- Canada
- Latin America
- Brazil
- Mexico
- Argentina
- Chile
- Peru
- Rest of Latin America
- Europe
- EU – 4 (Germany, France, Italy, Spain)
- U.K.
- Benelux (Belgium, Netherlands, Luxemburg)
- Nordic (Norway, Denmark, Iceland, Sweden)
- Eastern Europe (Poland, Ukraine, Czech Rep., etc.)
- Rest of Europe
- CIS & Russia
- Japan
- APeJ (Asia Pacific excluding Japan)
- Greater China
- India
- South Korea
- ASEAN Countries
- Rest of APeJ
- Middle East & Africa (MEA)
- GCC Countries
- Turkey
- Iran
- Israel
- South Africa
- Rest of MEA
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, and inputs from industry experts and industry participants across the value chain. The report provides an in-depth analysis of parent market trends, macro-economic indicators, and governing factors, along with market attractiveness as per segment. The report also maps the qualitative impact of various market factors on market segments and geographies.
Report Highlights:
- Detailed overview of parent market
- Changing market dynamics in the industry
- In-depth market segmentation
- Historical, current and projected market size in terms of volume and value
- Recent industry trends and developments
- Competitive landscape
- Strategies of key players and products offered
- Potential and niche segments, geographical regions exhibiting promising growth
- A neutral perspective on market performance
- Must-have information for market players to sustain and enhance their market footprint
Betanin Market: Market Segmentation:
Betanin Market Segmentation: By Product Form
- Liquid betanin
- Powder betanin
Betanin Market Segmentation: By Product Source
- Red Beet
- Yellow Beet
- Prickly Peer
- Swiss Chard
- Grain Amaranth
- Cactus Fruits
Betanin Market Segmentation: By End Use
- Food & Beverages
- Cosmetics & Personal Care
- Paint Industry
- Healthcare
- Others
NOTE - All statements of fact, opinion, or analysis expressed in reports are those of the respective analysts. They do not necessarily reflect formal positions or views of Fact.MR
Table of Content
1. Executive Summary 2. Industry Introduction, including Taxonomy and Market Definition 3. Market Trends and Success Factors, including Macro-economic Factors, Market Dynamics, and Recent Industry Developments 4. Global Market Demand Analysis and Forecast, including Historical Analysis and Future Projections 5. Pricing Analysis 6. Global Market Analysis and Forecast 6.1. Product Form 6.2. Product Source 6.3. End Use 7. Global Market Analysis and Forecast, By Product Form 7.1. Liquid betanin 7.2. Powder betanin 8. Global Market Analysis and Forecast, By Product Source 8.1. Red Beet 8.2. Yellow Beet 8.3. Prickly Peer 8.4. Swiss Chard 8.5. Grain Amaranth 8.6. Cactus Fruits 9. Global Market Analysis and Forecast, By End Use 9.1. Food & Beverages 9.2. Cosmetics & Personal Care 9.3. Paint Industry 9.4. Healthcare 9.5. Others 10. Global Market Analysis and Forecast, By Region 10.1. North America 10.2. Latin America 10.3. Western Europe 10.4. Eastern Europe 10.5. East Asia 10.6. South Asia & Pacific 10.7. MEA 11. North America Sales Analysis and Forecast, by Key Segments and Countries 12. Latin America Sales Analysis and Forecast, by Key Segments and Countries 13. Western Europe Sales Analysis and Forecast, by Key Segments and Countries 14. Eastern Europe Sales Analysis and Forecast, by Key Segments and Countries 15. East Asia Sales Analysis and Forecast, by Key Segments and Countries 16. South Asia & Pacific Sales Analysis and Forecast, by Key Segments and Countries 17. MEA Sales Analysis and Forecast, by Key Segments and Countries 18. Sales Forecast by Product Form, Product Source, and End Use for 30 Countries 19. Competition Outlook, including Market Structure Analysis, Company Share Analysis by Key Players, and Competition Dashboard 20. Company Profile 20.1. Merck & Co. Inc. 20.2. TCI Chemicals (India) Pvt. Ltd. 20.3. Kanegrade Ltd. 20.4. Hunan Nutramax Inc. 20.5. Nanjing Zelang Medical Technology Co. Ltd. 20.6. Kingherbs Limited 20.7. JF Natural 20.8. A.M. Todd Botanical Therapeutics 20.9. Bakels Worldwide 20.10. Monteloeder 20.11. VWR Corporation 20.12. Qingdao Pengyuan Kanghua Natural Source Co. Ltd. 20.13. TOP Pharm Chemical Co. Ltd. 20.14. Hebei Shun Wei Biological Technology Co. Ltd.
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List Of Table
Table 01: Global Market US$ Mn Forecast by Region
Table 02: Global Market US$ Mn Forecast by Product Form
Table 03: Global Market US$ Mn Forecast by Product Source
Table 04: Global Market US$ Mn Forecast by End Use
Table 05: North America Market US$ Mn Forecast by Country
Table 06: North America Market US$ Mn Forecast by Product Form
Table 07: North America Market US$ Mn Forecast by Product Source
Table 08: North America Market US$ Mn Forecast by End Use
Table 09: Latin America Market US$ Mn Forecast by Country
Table 10: Latin America Market US$ Mn Forecast by Product Form
Table 11: Latin America Market US$ Mn Forecast by Product Source
Table 12: Latin America Market US$ Mn Forecast by End Use
Table 13: Western Europe Market US$ Mn Forecast by Country
Table 14: Western Europe Market US$ Mn Forecast by Product Form
Table 15: Western Europe Market US$ Mn Forecast by Product Source
Table 16: Western Europe Market US$ Mn Forecast by End Use
Table 17: Eastern Europe Market US$ Mn Forecast by Country
Table 18: Eastern Europe Market US$ Mn Forecast by Product Form
Table 19: Eastern Europe Market US$ Mn Forecast by Product Source
Table 20: Eastern Europe Market US$ Mn Forecast by End Use
Table 21: East Asia Market US$ Mn Forecast by Country
Table 22: East Asia Market US$ Mn Forecast by Product Form
Table 23: East Asia Market US$ Mn Forecast by Product Source
Table 24: East Asia Market US$ Mn Forecast by End Use
Table 25: South Asia & Pacific Market US$ Mn Forecast by Country
Table 26: South Asia & Pacific Market US$ Mn Forecast by Product Form
Table 27: South Asia & Pacific Market US$ Mn Forecast by Product Source
Table 28: South Asia & Pacific Market US$ Mn Forecast by End Use
Table 29: MEA Market US$ Mn Forecast by Country
Table 30: MEA Market US$ Mn Forecast by Product Form
Table 31: MEA Market US$ Mn Forecast by Product Source
Table 32: MEA Market US$ Mn Forecast by End Use
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List Of Figures
Figure 01: Global Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Product Form
Figure 02: Global Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Product Source
Figure 03: Global Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by End Use
Figure 04: Global Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Region
Figure 05: North America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Product Form
Figure 06: North America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Product Source
Figure 07: North America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by End Use
Figure 08: North America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 09: Latin America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Product Form
Figure 10: Latin America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Product Source
Figure 11: Latin America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by End Use
Figure 12: Latin America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 13: Western Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Product Form
Figure 14: Western Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Product Source
Figure 15: Western Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by End Use
Figure 16: Western Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 17: Eastern Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Product Form
Figure 18: Eastern Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Product Source
Figure 19: Eastern Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by End Use
Figure 20: Eastern Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 21: East Asia Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Product Form
Figure 22: East Asia Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Product Source
Figure 23: East Asia Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by End Use
Figure 24: East Asia Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 25: South Asia & Pacific Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Product Form
Figure 26: South Asia & Pacific Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Product Source
Figure 27: South Asia & Pacific Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by End Use
Figure 28: South Asia & Pacific Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 29: MEA Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Product Form
Figure 30: MEA Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Product Source
Figure 31: MEA Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by End Use
Figure 32: MEA Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Know thy Competitors
Competitive landscape highlights only certain players
Complete list available upon request
- FAQs -
What was the global betanin market size in 2021?
The global betanin market was valued at US$ 91 million in 2021
What is the forecasted sales revenue for betanin?
The worldwide sales of betanin are expected to reach US$ 120 million by 2028.
What is the estimated CAGR for the betanin market?
Global demand for betanin is projected to develop at a CAGR of 4.7% during the forecast period.