Research Analysis on Beetroot Powder Market (2018-2023)- Market Data Forecast

Posted December 12, 2018 by BasavaKumar

Beetroot Powder Market By Application (food Industry, Pharmaceuticals And Cosmetics), By Distribution Channel (online Sale, Retail Shops, Departmental Store And Supermarkets), By Packaging (Cans, Bottle And Bags) , By Type ( Conventional And Organic)
Beetroot Powder Market Overview

Beetroot has huge sugar content as correlated to other vegetables and also sometimes used as a sweetening agent. Beetroot powder is obtained from drained beetroots by grinding or milling them. It is used to contribute essence and coloring to a variety of foods. It is a source of betaine phytochemical which is essential for the proper functioning of the cardiovascular system and helps liver and kidney to prepare amino acids. It is also a source of potassium, phosphorus, magnesium, calcium, fiber, and vitamins are a healthy source regarding antioxidants.

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Beetroot powder has applicability in the food industry as this can be used in pasta sauce, combined with a smoothie, to create muffins, making juice, as salad dressings etc. Beetroot Powder Market Report (2018-2023)

The market is expected grow at a robust CAGR during the forecast period (2018-2023)

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Beetroot Powder Market Segmentation

One of the major causes for raise in the market is growing urbanization and an increase in the disposable revenue earned by people. As a result, there has been an increase in the demand for fast food which in turn fuel the market growth. Due to the high nutritional level of the beetroot powder, people are shifting to its powder form. Its application in the cosmetic industry has increased over the preceding few years due to its antioxidant characteristics.

Beetroot Powder Market characterized over application, distribution channel, packaging, and type. By application, the market is classified into the food industry, pharmaceuticals, and cosmetics. The market for beetroot powder has expanded immensely in the food industry due to its nutritional content. By distribution channel, the market is categorized into an online sale, retail shops, departmental store, and supermarkets. By packaging, the market is segmented into cans, bottle, and bags. By type, the market is analyzed under general and organic. Geography segment

Geography, the market is separated under various regions specifically North America, Europe, Asia-Pacific and Rest of the World. Beetroot is a major crop produced in Russia, France, United States, Germany and Ukraine due to freezing weather which is great for the growth of the market. Australia is the highest purchaser of beetroot powder due to their tradition of using beetroot into food products.

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Major Players:

Some of the major Beetroot Powder Market leaders are

Bioglan, Nature's Way Products LLC,
Radiance Ltd.,
Yesraj Agro Exports Pvt. Ltd.,
Go Superfood,
NutraMarks, Inc.,
Super Sprout LLC & Juices International Pty Ltd.,
Natures Aid Ltd., and
Botanical Ingredients Ltd.
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Last Updated December 12, 2018