Asia Pacific Beetroot Powder Market was worth USD XX billion in 2021 and estimated to be growing at a CAGR of xx %, to reach USD XX billion by 2026.
Beetroot has a high sugar content as compared to other vegetables and is sometimes used as a sweetening substitute. Beetroot powder is obtained from dried beetroots by grinding or milling them. It is used to provide flavour and colour to a variety of foods. It is a a source of betaine phytochemical which is important for the proper functioning of the cardiovascular system and helps liver and kidney to process amino acids. It is also a source of potassium, phosphorus, magnesium, calcium, fibre and vitamins, being a good source of antioxidants. Beetroot powder has applications in the food industry as it can be used in pasta sauce, blended with a smoothie, to create muffins, making juice, as salad dressings etc.
One of the major market drivers for the market is the increasing urbanization and a rise in the disposable income earned by people. As a result there has been an increase in the demand for fast foods which in turn fuel the market growth. Due to the high nutritional level of the beetroot powder, people are switching to its powder form. Its use in the cosmetic industry has increased over the past few years due to its anti oxidant property.
Asia Pacific Beetroot Powder Market Segmentation by application, distribution channel, packaging and type. By application the market is segmented into food industry, pharmaceuticals and cosmetics. The demand for beetroot powder has increased immensely in the food industry due to its nutritional content. By distribution channel the market is classified into online sale, retail shops, departmental store and supermarkets. By packaging the market is divided into cans, bottle and bags. By type the market is analysed under Conventional and organic.
On the basis of geography, the market is analysed under various regions namely China, India, Japan, Australia and South Korea. Australia is the highest consumer of beetroot powder due to their tradition of using beetroot in food products.
Key Players in the Market:
Major key players in the Asia Pacific Beetroot Powder Market are
Yesraj Agro Exports Pvt. Ltd., Bioglan, Nature's Way Products LLC, Super Sprout LLC & Juices International Pty Ltd., NutraMarks, Inc., Radiance Ltd., Go Superfood, Natures Aid Ltd., Botanical Ingredients Ltd.
1.1 Market Definition
1.2 Study Deliverables
1.3 Base Currency, Base Year and Forecast Periods
1.4 General Study Assumptions
2. Research Methodology
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Econometric Modelling
2.2.4 Expert Validation
2.3 Analysis Design
2.4 Study Timeline
3.1 Executive Summary
3.2 Key Inferences
4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
4.1 Market Drivers
4.2 Market Restraints
4.3 Key Challenges
4.4 Current Opportunities in the Market
5. Market Segmentation
5.1 Packaging type
5.1.5 Y-o-Y Growth Analysis, By Packaging type
5.1.6 Market Attractiveness Analysis, By Packaging type
5.1.7 Market Share Analysis, By Packaging type
5.2.4 Y-o-Y Growth Analysis, By Type
5.2.5 Market Attractiveness Analysis, By Type
5.2.6 Market Share Analysis, By Type
5.3.2 Food industry
5.3.5 Y-o-Y Growth Analysis, By Application
5.3.6 Market Attractiveness Analysis, By Application
5.3.7 Market Share Analysis, By Application
5.4 Distribution channel
5.4.2 Online sale
5.4.3 Retail shops
5.4.4 Departmental store
5.4.6 Y-o-Y Growth Analysis, By Distribution channel
5.4.7 Market Attractiveness Analysis, By Distribution channel
5.4.8 Market Share Analysis, By Distribution channel
6. Geographical Analysis
6.1.1 Regional Trends
6.1.2 Impact Analysis
6.1.3 Y-o-Y Growth Analysis
18.104.22.168 By Geographical Area
22.214.171.124 By Packaging type
126.96.36.199 By Type
188.8.131.52 By Application
184.108.40.206 By Distribution channel
6.1.4 Market Attractiveness Analysis
220.127.116.11 By Geographical Area
18.104.22.168 By Packaging type
22.214.171.124 By Type
126.96.36.199 By Application
188.8.131.52 By Distribution channel
6.1.5 Market Share Analysis
184.108.40.206 By Geographical Area
220.127.116.11 By Packaging type
18.104.22.168 By Type
22.214.171.124 By Application
126.96.36.199 By Distribution channel
6.5 South Korea
7. Strategic Analysis
7.1 PESTLE analysis
7.2 Porter’s Five analysis
7.2.1 Bargaining Power of Suppliers
7.2.2 Bargaining Power of Consumers
7.2.3 Threat of New Entrants
7.2.4 Threat of Substitute Products and Services
7.2.5 Competitive Rivalry within the Industry
8. Market Leaders' Analysis
8.1 Yesraj Agro Exports Pvt. Ltd.
8.1.2 Product Analysis
8.1.3 Financial analysis
8.1.4 Recent Developments
8.1.5 SWOT analysis
8.1.6 Analyst View
8.3 Nature's Way Products LLC
8.4 Super Sprout LLC & Juices International Pty Ltd.
8.6 Radiance Ltd.
8.7 Go Superfood
8.8 Natures Aid Ltd.
8.9 Botanical Ingredients Ltd.
9. Competitive Landscape
9.1 Market share analysis
9.2 Merger and Acquisition Analysis
9.3 Agreements, collaborations and Joint Ventures
9.4 New Product Launches
10. Market Outlook and Investment Opportunities
a) List of Tables
b) List of Figures
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