ID: PMRREP33498
Format: PPT*, PDF, EXCEL
Last Updated: 13 Aug 2025
Industry: Food and Beverages
Number of Pages: 190
The global synthetic beta-carotene market is estimated to be valued at US$ 435.4 Million in 2025. The market is projected to expand at 5.7% CAGR to reach a valuation of US$ 641.8 Million by the end of 2032.
Synthetic beta-carotene is a crystalline powder, which compromises trans-beta-carotene but may also hold traces of other carotenoids as well as cis-isomers. Beta-carotene is extracted both using chemically synthesized processes and from natural sources such as fungi, algae, fruits, and vegetables.
Growing awareness regarding the potential benefits of carotenoids in preventing heart disease, Parkinson’s disease, and Alzheimer’s disease as well as in the treatment of eye disorders has fueled the demand for beta-carotene worldwide. Increasing preference for multi-functional dietary supplements has been positively influencing the market in both developed and developing countries.
| Attributes | Key Insights |
|---|---|
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Synthetic Beta-Carotene Market Size (2025E) |
US$ 435.4 Million |
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Projected Sales of Synthetic Beta-carotene (2032F) |
US$ 641.8 Million |
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Market Growth Rate (2025 to 2032) |
5.7% CAGR |
| Historical Market Growth Rate (CAGR 2019 to 2024) |
4.2% |
Beta-carotene is known for its antioxidant properties, which makes it a popular ingredient in the nutraceutical industry. The growing cognizance of the benefits of beta-carotene in improving eye health, immune function, and skin health is making it popular in the nutraceutical sector. Beta-carotene is commonly used in nutraceutical products such as dietary supplements, functional foods, and beverages to improve overall health and wellness.
Manufacturers of nutraceutical and dietary supplements are leveraging the potential benefits of these carotenoids by producing supplements in the form of soft gels, pills, gummies, and more. A shift towards preventive healthcare is expected to positively influence the market across the globe.
Rapidly expanding food and beverages industry is augmenting sales of beta-carotene. Beta-carotene is extensively used as a colorant in the food and beverages industry as it imparts a yellow-orange color to yogurt, dairy beverages, ice cream, pudding, confectionery, bakery products, and condiments. The United States FDA (Food and Drug Administration) has approved the use of beta-carotene as a color additive.
Global as well as regional manufacturers are producing chemically synthesized beta-carotene in bulk to meet the global demand for food colorants at competitive prices, thereby fueling sales of synthetic-beta-carotene.
Demand for beta-carotene is growing significantly, owing to its wide end-use applications. Synthetic and natural beta-carotene are extensively used by producers across the globe. Demand for synthetic beta-carotene is nearly twice that of natural beta-carotene, primarily attributed to its lower production cost.
Chemically synthesized beta-carotene is easy to produce and is widely available, while natural beta-carotene requires biosynthesis processes and advanced technology for extraction from algae, plants, and fruits, thereby making it an expensive product.
“Regulatory Challenges and Stringent Compliance Requirements Limiting Market Growth”
Regulations governing beta-carotene production can vary depending on the application and intended use of the product. For instance, in the United States, beta-carotene is generally recognized as safe (GRAS) for use in food and beverages at levels consistent with good manufacturing practices.
Regulatory challenges can create barriers to entry for new market players who find it difficult to navigate the regulatory landscape, which may limit the market potential for certain applications. Stringent regulations enacted by developed countries governing the efficacy of beta-carotene are a major bottleneck that is likely to restrict the new players, thereby hampering product sales.
Regulations are important in ensuring the safety and efficacy of synthetic beta-carotene products. Regulatory approval, if implemented properly, can also provide market opportunities for beta-carotene producers who can differentiate their products based on their compliance with regulations and safety standards.
What Makes Germany a Lucrative Market for Manufacturers of Beta-Carotene?
Demand for synthetic beta-carotene is high in Germany, the United Kingdom, and France. Demand for synthetic beta-carotene in Germany is valued at US$ 17.3 million in 2025 and accounts for a 20.3% share of the Europe market.
Expanding dairy, beverages, and bakery sectors in Germany, coupled with growing demand for food colorants, is anticipated to positively impact the synthetic beta-carotene market.
What is the Demand Outlook for Synthetic Beta-Carotene in India?
Demand for synthetic beta-carotene in India is predicted to rise at a value CAGR of 8% and reach US$ 27.2 million by the end of 2032.
Expanding animal feed industry in the country is driving synthetic beta-carotene sales, since it is a vital nutrient for farmed stock and has a significant impact on flock immunity and reduces inflammation. Beta-carotene helps in improving fertility, saves organs from radical damage, and increases the reproductive performance of animals.
Which Form of Synthetic Beta-Carotene is Most Widely Consumed?
The global synthetic beta-carotene market is segmented into powdered and liquid. Powdered synthetic beta-carotene holds a 59% share of the market in 2025. Manufacturers focus on harnessing powdered synthetic beta-carotene, as it is easy to produce and use, which is driving the sales of synthetic beta-carotene.
What is the Demand Projection for Synthetic Beta-Carotene in the Cosmetics & Personal Care Industry?
Demand for synthetic beta-carotene from the cosmetic & personal care industry is estimated to amount to US$ 31.8 million by 2032.
High antioxidant properties of beta-carotene have lured cosmetic and personal care players to utilize this chemical for the formulation of skincare products. Anti-aging products are in high demand from the cosmetics and personal care industry. Beta-carotene has anti-aging properties that may be utilized in cosmetics to formulate healthy personal care products.
Expansion of production capacities has been a key strategy for market players in the synthetic beta-carotene market. Investing in a new state-of-the-art raw material processing facility has enabled these companies to ensure high product quality and maximum profitability. Companies involved in the production of synthetic beta-carotene emphasize product development and research activities to provide innovative products to cater to the growing demands of consumers.
Manufacturers are also focusing on expanding their business through acquisitions and mergers to broaden their product portfolio and enhance their production capacity. Strategic investments by key manufacturers in synthetic beta-carotene companies are aimed at boosting market share. These players focus on high-growth markets, prioritize innovation, and expand their product portfolios to drive accelerated growth.
The market is estimated at US$ 435.4 Million in 2025.
It is expected to reach US$ 641.8 Million by 2032.
The market is projected to grow at a CAGR of 5.7%.
It is used as a natural yellow-orange colorant in various food and beverage products.
It is expected to grow at an 8% CAGR, reaching US$ 27.2 Million by 2032.
| Attribute | Details |
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Forecast Period |
2025 to 2032 |
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Historical Data Available for |
2019 to 2024 |
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Market Analysis |
Value: US$ Mn, Volume: Units |
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Key Countries Covered |
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Key Market Segments Covered |
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Customization & Pricing |
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