Beta-Carotene Market

By Beta-Carotene Type;

Natural [Algae, Fruits & Vegetables, Yeast and Others] and Synthetic

By Beta-Carotene End-Use;

Natural Beta-Carotene [Food & Beverages, Dietary Supplements, Personal Care & Cosmetics, Pharmaceutical, Animal Feed and Others] and Synthetic [Food & Beverages, Dietary Supplements, Personal Care & Cosmetics, Pharmaceutical, Animal Feed and Others]

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn125664607 Published Date: September, 2025 Updated Date: November, 2025

Beta-Carotene Market Overview

Beta-Carotene Market (USD Million)

Beta-Carotene Market was valued at USD 72,104.21 million. The size of this market is expected to increase to USD 98,123.86 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 4.5%.


Beta-Carotene Market

*Market size in USD million

CAGR 4.5 %


Study Period2025 - 2031
Base Year2024
CAGR (%)4.5 %
Market Size (2024)USD 72,104.21 Million
Market Size (2031)USD 98,123.86 Million
Market ConcentrationHigh
Report Pages400
72,104.21
2024
98,123.86
2031

Major Players

  • Allied Biotech Corp.
  • BASF SE
  • BioExtract
  • Chr. Hansen Holding A/S
  • Divi's Laboratories Ltd
  • Foodchem International Corp
  • Kemin Industries Inc
  • Koninklijke DSM NV
  • Marigan Holding BV

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Beta-Carotene Market

Fragmented - Highly competitive market without dominant players


The Beta-Carotene Market is witnessing robust growth, supported by its increasing adoption in food, beverages, cosmetics, and pharmaceuticals. Around 40% of total demand comes from the food and beverage industry, where it functions as both a nutritional enhancer and natural colorant. Its antioxidant nature has made it indispensable across multiple sectors.

Health and Nutritional Benefits
Close to 35% of the market is driven by the dietary supplements segment, where beta-carotene plays a vital role in eye health, immunity, and skin nourishment. Rising interest in preventive healthcare solutions and the shift toward natural vitamin alternatives have accelerated its consumption globally.

Industrial Applications
The pharmaceutical and personal care industries contribute nearly 20% of overall demand. Beta-carotene is increasingly used in anti-aging creams, skincare formulations, and therapeutic drugs. Its benefits in reducing oxidative stress and supporting skin repair continue to reinforce its role in product innovation within these industries.

Future Outlook
The future of the Beta-Carotene Market looks promising, with expanding applications in functional foods, nutraceuticals, and cosmetics. Ongoing advancements in production and extraction technologies are expected to enhance affordability and efficiency, while sustainability initiatives will open new opportunities, strengthening its presence across global industries.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By Source
    3. Market Snapshot, By Form
    4. Market Snapshot, By Application
    5. Market Snapshot, By Region
  4. Beta-Carotene Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Rising Health Consciousness
        2. Increased Use in Functional Foods
        3. Expanding Dietary Supplement Market
        4. Advancements in Biotechnology
      2. Restraints
        1. Regulatory Restrictions
        2. Stability and Shelf-Life Issues
        3. Limited Raw Material Supply
        4. Market Competition
      3. Opportunities
        1. Expansion in Emerging Markets
        2. Increasing Adoption in Personal Care Products
        3. Technological Innovations in Extraction
        4. Growing Trend of Natural Ingredients
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Beta-Carotene Market, By Source, 2021 - 2031 (USD Million)
      1. Fruits & Vegetables
      2. Algae
      3. Synthetic
      4. Yeast
      5. Fungi
      6. Bacteria
    2. Beta-Carotene Market, By Form, 2021 - 2031 (USD Million)
      1. Powder
      2. Liquid
    3. Beta-Carotene Market, By Type, 2021 - 2031 (USD Million)
      1. Natural
      2. Synthetic
    4. Beta-Carotene Market, By Application, 2021 - 2031 (USD Million)
      1. Food & Beverages
      2. Dietary Supplements
      3. Cosmetics
      4. Animal Feed
    5. Beta-Carotene Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. BASF SE
      2. DSM (Royal DSM / DSM Nutritional Products)
      3. Divi’s Laboratories Ltd.
      4. Central Drug House Ltd.
      5. DDW The Color House
      6. Foodchem International Corporation
      7. Lycored Corp.
      8. AVANSCHEM
      9. Kemin Industries, Inc.
      10. Allied Biotech Corporation
      11. Chr. Hansen Holding A/S
      12. Cyanotech Corporation
      13. Sensient Technologies Corporation
      14. E.I.D-Parry (India) Ltd.
      15. Otsuka Pharmaceutical Co., Ltd.
  7. Analyst Views
  8. Future Outlook of the Market