Global Beetroot Powder MarketIs Anticipated To Witness Growth Owing To Growing Demand In Cosmetic And Personal Care Products

 

Overview:

Beetroot powder is a nutritional supplement that has a range of uses. It can be used as a natural coloring agent and as a sweetener. It can be added to food, including soups, gravies and salads. Beetroot has a high nitrate content, which can help lower blood pressure. The nitrates are also associated with a reduced risk of heart disease. Besides being good for cardiovascular health, beetroot has antioxidants, a folic acid, and iron. These antioxidants can reduce inflammation and free radicals, which are known to cause a number of chronic diseases. Beetroot powder can be added to pasta, sauces, gravies, and cakes. This can help enhance the taste of a meal. Also, beetroot can be used in natural cosmetics.

Market Dynamics:  

Growing acquisition by key players is expected to growth fuel growth of the global Beetroot Powder Market during the forecast period. For instance, Bioglan, and STADA Arzneimittel AG signed an agreement in November 2021, for the expansion of their production capacity for manufacturing Lecigon, used for treating advanced Parkinson’s disease. Moreover, rising prices of beetroot is estimated to restrain growth of the global beetroot powder market during the forecast period.

 

Impact of COVID-19:

The pandemic affected almost all sectors including the healthcare sector. Food supply chains were disrupted during the pandemic. The pandemic also resulted in shortage of processed foods as manufacturing units were shut down due to strict lockdowns. During the pandemic, there has been increased awareness regarding health and hygiene amongst people. Individuals re option for much healthier food options. This resulted in increased demand for beetroot. Beetroot powder has been in high demand owing to its anti-inflammatory properties. This helped in boosting growth of the global beetroot powder market during the pandemic.

 

Key Takeaways:

The global beetroot powder market is estimated to witness robust significant growth, exhibiting CAGR of XX% during the forecast period, owing to increasing expansion by key players. For instance, a UK food firm Windmill Organics has acquired Machandel, in April 2022. Windmill is expected to invest in the company for the expansion of their product range and capacity.

North America is anticipated to witness significant growth in the global beetroot powder market during the forecast period, due to growing demand for natural food colors in the region.

Major players operating in the global beetroot powder market are Windmill Organics, Super Sprout LLC & Juices International Pty Ltd., Botanical Ingredients Ltd., Indigo Herbs Radiance Ltd., Go Superfood, Mountain Rose Herbs, Bioglan, Nature's Way Products, Changsha Vigorous Tech, Yesraj Agro Exports, and Natures Aid Ltd.