Global Beetroot Powder Market By Type ( Organic, Conventional ), By Application( Food & Beverages, Industrial ), By Region and Key Companies - Industry Segment Outlook, Market Assessment, Competition Scenario, Trends and Forecast 2023-2033

The global beetroot powder market was valued at USD 482.41 million in 2023. Beetroot Powder products are expected to grow at a strong CAGR of 5.7% between 2023-2033. This will bring the total of Beetroot Powder products to USD 794.50 million by 2033. The taproot of beet plants is a beetroot. It’s also known as table beet or red beet. Beetroot is a sweetening option because it contains more sugar than other vegetables. The beetroot powder can be made by milling or grinding dried beetroots. You can flavor and color many products with beetroot powder

Growing Demand:

Recent years have seen a shift in the preference for natural ingredients by a large portion of the global population. This shift can be attributed to a growing awareness of the dangers of synthetic and chemical ingredients in many products. This has led to a remarkable rise in beetroot powder demand from personal care products and cosmetics. This is a major positive for the global beetroot market.

Due to the many health benefits that beetroot has, it is gaining popularity in the food industry. It is high in calcium, dietary fiber, potassium, antioxidants, and manganese as well as other nutrients. Beetroot powder is also becoming more popular as a natural food color agent. Beetroot powder gives food items a natural red color without altering the taste.

Beetroot powder can be found in many food products, including red velvet cakes, cupcakes, sauces, and gravies, as well as soups and other dishes. These factors indicate that there will be an increase in revenues to the global market for beetroot powder in the coming years.

Beetroot Powder Market Scope:

By Type, the market is segmented into Organic and Conventional. By Application, the market is divided into Food & Beverages and Industrial.

Based on geography, the market is analyzed across North America, Europe, Asia-Pacific, Latin America and the Middle East, and Africa. Major players profiled in the report include Windmill Organics, Lush Retail Limited, STADA Arzneimittel AG, Mountain Rose Herbs, Changsha Vigorous Tech, Z Natural Foods, Indigo Herbs, MARUDHAR FOODS PRIVATE LIMITED, Ecuadorian Rainforest, and Organic Herb.

Key Market Segments:

Type

Organic
Conventional

Application

Food & Beverages
Industrial

Key Market Players included in the report:

Windmill Organics
Lush Retail Limited
STADA Arzneimittel AG
Mountain Rose Herbs
Changsha Vigorous Tech
Z Natural Foods
Indigo Herbs
MARUDHAR FOODS PRIVATE LIMITED
Ecuadorian Rainforest
Organic Herb

Driving Factors:

Demand from renowned food and drink companies is the key factor driving global beet powder consumption. The global market is expected to grow due to the increased use of powdered honey in pizzas and hamburgers. The increase in beet powder used in cosmetics has led to a rise in sales worldwide. This is due to a shift in consumer preferences for organic foods rich in antioxidants, as well as lifestyle changes and changes in consumers.

Another factor that will drive the modern root powder market is the changing lifestyle of consumers. There is a growing demand for beet powder within the food and beverage industry. One tablespoon of beet powder has the same nutritional value as one beetroot. Beet powder is used in the food industry as a flavor enhancer and food colorant.

The health benefits of beet powder are driving the younger population to consume more. Because beet powder enhances the taste and nutritional value of food, beet powder is increasingly being used by fast food companies. This is leading to an increase in beet powder usage. Because of its high antioxidant content, beet powder is used in cosmetics, which increases market demand.

As consumers become more aware of natural ingredients and the benefits of using them in personal care, this can drive industrial growth. The widely-used ingredient beetroot powder can be found in cosmetics. It is used to make anti-aging creams, lotions, creams, and masks. Beetroot powder can also be used to make lip balm or lip gloss. It gives off pink or red color to increase product demand.

Restraining Factors:

The market growth may be limited by the high price of beetroot powder.

Market Trends:

Mass Shift to Natural Ingredients

Due to the many health benefits of beetroot, it is gaining popularity in the food industry. It is high in calcium, dietary fiber, potassium, antioxidants, and manganese. Beetroot powder is also becoming more popular as a natural color agent. It adds natural red color to food items without altering the taste. It is used in many food products, including red velvet cakes, soups, sauces, and gravies. These factors are important for the market’s growth.

Recent Developments:

Zuma Drinks launched a new organic beetroot product in September 2018. This powder would give any drink a bold color and taste.

Love Beets will be expanding their product line with 100% pure Beet Powder in February 2017. This is a great item for fitness enthusiasts, health-conscious people, and anyone who wants to eat healthier.