The Europe Beetroot Powder Market was valued at US$ XX million in 2021 and is predicted to grow at US$ XX million by 2026 with an increasing CAGR of XX% during 2022 - 2027.
Beet powder is a novel antioxidant that is gaining popularity among health-conscious customers. It is used to taste and color a variety of meals. Beet powder is a wonderful supplement to the modern human diet. Beet powder contains betaine phytochemicals, which support cardiovascular health and aid in processing amino acids in the kidneys and liver. Beet powder is also high in chlorine, iodine, iron, magnesium, calcium, potassium, phosphorus, salt, riboflavin, thiamine, vitamins, fiber, and other nutrients that help to increase blood oxygen levels.
The demand for beet powder in well-known food and beverage companies is a major element driving up European usage of the commodity. Another element projected to promote growth in the Europe target market is the increased usage of powdered beets in hamburgers and pizzas and an increase in disposable income. Furthermore, due to changes in customer taste for organic foods high in antioxidants, the usage of beet powder in the cosmetics sector has raised a preference for ready-to-eat consumers. Consumer lifestyle changes have contributed to sales growth across the European region. Another element that is predicted to drive the modern root powder industry is price. As a result, beet powder is in high demand in the food and beverage industry, which further propels the Europe beetroot powder market growth in the upcoming years.
One beetroot is nutritionally comparable to one tablespoon of beet powder. Beet powder can be used as a food colorant, flavor enhancer, and other things in the food business. The usage of beet powder is increasing among the youthful population due to the health benefits it provides. Because beet powder enhances the flavor and nutritional content of food, demand from the fast-food industry is increasing rapidly, owing to the increased consumption of pizzas and burgers, pushing beet powder utilization. Because of its high antioxidant content, beet powder is also employed in the cosmetic business, which increases market demand. As demand for natural cosmetics and personal care products grows, raising awareness of natural ingredients in these goods can stimulate industrial growth.
Moreover, beetroot powder is commonly used in cosmetics, such as anti-aging scrubs, face masks, creams, and lotions, and helps prevent skin aging by removing anti-aging free radicals. Beetroot powder is also used in lip balms and glosses, giving them a red or pink tint to boost sales. Increased consumer knowledge of health issues can lead to increased demand for various health functional food products, including powders. For example, beet powder is popular among athletes because it improves performance while also reducing muscle soreness. It also helps with liver illness by lowering blood triglyceride levels, maintaining a healthy balance of blood pressure, and increasing product demand. Therefore, these factors further increases the Europe beetroot powder market growth during 2022 - 2027.
Beet powder is increasingly being used in various fast foods, such as pizzas and hamburgers, to provide flavor and nutritional content, which has raised demand. Furthermore, because of its strong antioxidant content, beet powder has also been utilized in the cosmetic sector to increase demand. On the other hand, beetroot powder may cause low calcium levels and kidney damage, which further hampers the European beetroot powder market growth during 2022 - 2027.
Based on application, beetroot powder is majorly utilized in soups and coatings. Beet powder is a wonderful supplement to the modern human diet. Beet powder contains betaine phytochemicals, which support cardiovascular health and aid in processing amino acids in the kidneys and liver. Beet powder is also high in chlorine, iodine, iron, magnesium, calcium, potassium, phosphorus, salt, riboflavin, thiamine, vitamins, fiber, and other nutrients that help to increase blood oxygen levels. Therefore, owing to these factors, the soups and coatings segment is anticipated to hold the significant market share in the next six years.
The conventional beetroot powder market is predicted to develop significantly between 2021 and 2026, owing to the numerous applications of the beetroot in many booming industries such as food and beverage and cosmetics. Beetroot powder is mostly used in the food and beverage industry.
On the other hand, Organic products are becoming more popular, which is driving up demand for organic beetroot powder among health-conscious consumers. In addition, as a source of proteins and vitamins, beetroot powder is used as a supplement by athletes and bodybuilders on a daily basis for health advantages and other purposes.
Based on distribution channel, supermarkets and hypermarkets were the most popular distribution channels, accounting for about one-third of all sales. Due to its wide range of presence and availability, this category accounts for a considerable portion of the Europe Beetroot Powder market. In addition, these products are frequently discounted as a promotional activity, encouraging customers to shop at supermarkets and hypermarkets. Behind supermarkets and hypermarkets, convenience stores are the second-largest distribution channel, accounting for roughly $ 32 billion. The rapidity of service in terms of billing time is linked with the segment's rise. When a shopper does not want to go to a supermarket, these establishments are quite handy because they steer customers to the desired products.
Based on packaging, bags segment tends to dominate the Europe beetroot powder market in the next six years. Bags, despite their simplicity, have been critical to the evolution of human civilization because they allow humans to collect loose things like berries or food grains and powders and can able to handle more goods. Therefore, most of the consumers prefer bags so that they can carry them easily.
The Europe Beetroot Powder Market Report includes the segmentation of countries:
During the forecast period of 2022 - 2027, Europe is estimated to lead the beetroot powder market. This is due to an increase in demand for beetroot powder in the cosmetics business since beetroot powder is becoming an essential element in a variety of cosmetic and personal care products. According to Cosmetic Europe, the personal care organization, Europe is the largest cosmetics and personal care market, with a market value of USD 87.78 billion. Moreover, due to the chilly or cold weather, beetroot is a crucial crop grown in Russia, France, Germany, and Ukraine, which is helpful for market growth.
The Europe beetroot powder market had experienced a positive growth due to the corona crisis. Consuming nitrate-rich vegetables, such as beetroots may help to prevent endothelial dysfunction. In addition, Beetroot juice has been recommended in many recent studies to improve endothelial function in hypertensive and hypercholesterolemic people and those with CVD risk factors. As a result, nitrate-rich vegetables like beetroot should be urged to be included in the diet during COVID-19 outbreak confinement to reduce the potentially harmful effects of home confinement on cardiovascular health. Therefore, owing to the advantages of beetroot powder, the market is expected to grow constantly in future.
Key Players listed in the Market:
Major Key Players in the Europe Beetroot Powder Market are
1.1 Market Definition
1.2 Scope of the report
1.3 Study Assumptions
1.4 Base Currency, Base Year and Forecast Periods
2. Research Methodology
2.1 Analysis Design
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Data Modelling
2.2.4 Expert Validation
2.3 Study Timeline
3. Report Overview
3.1 Executive Summary
3.2 Key Inferencees
4. Market Dynamics
4.1 Impact Analysis
4.2 Regulatory Environment
4.3 Technology Timeline & Recent Trends
5. Competitor Benchmarking Analysis
5.1 Key Player Benchmarking
5.1.1 Market share analysis
5.1.3 Regional Presence
5.2 Mergers & Acquistion Landscape
5.3 Joint Ventures & Collaborations
6. Market Segmentation
6.1 Beetroot Powder Market, By Application
6.1.1 Curries and Gravies
6.1.2 Food Color
6.1.3 Soups and Coatings
6.1.4 Market Size Estimations & Forecasts (2022 - 2027)
6.1.5 Y-o-Y Growth Rate Analysis
6.1.6 Market Attractiveness Index
6.2 Beetroot Powder Market, By Type
6.2.3 Market Size Estimations & Forecasts (2022 - 2027)
6.2.4 Y-o-Y Growth Rate Analysis
6.2.5 Market Attractiveness Index
6.3 Beetroot Powder Market, By Distribution Channel
6.3.1 Online Sales
6.3.2 Retailer Shops
6.3.3 Departmental Stores
6.3.5 Market Size Estimations & Forecasts (2022 - 2027)
6.3.6 Y-o-Y Growth Rate Analysis
6.3.7 Market Attractiveness Index
6.4 Beetroot Powder Market, By Packaging
6.4.4 Market Size Estimations & Forecasts (2022 - 2027)
6.4.5 Y-o-Y Growth Rate Analysis
6.4.6 Market Attractiveness Index
7. Geographical Landscape
7.1 Regional Beetroot Powder Market, by Region
7.2 Europe - Market Analysis (2022 - 2027)
7.2.1 By Country
18.104.22.168 Rest of Europe
7.2.2 By Application
7.2.3 By Type
7.2.4 By Distribution Channel
7.2.5 By Packaging
8. Key Player Analysis
8.1 Yesraj Agro Exports Pvt
8.1.1 Business Description
8.1.4 SWOT Analysis
8.1.5 Recent Developments
8.1.6 Analyst Overview
8.2 Radiance Ltd
8.3 NutraMarks, Inc.
8.5 Nature's Way Products LLC
8.6 Natures Aid Ltd
8.7 Go Superfood
8.8 Super Sprout LLC & Juices International Pty Ltd
8.9 Botanical Ingredients Ltd
9. Market Outlook & Investment Opportunities
List of Tables
List of Figures
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