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Asia Pacific Beetroot Powder Market Size, Share & Trends Analysis Report By Product, By Application, By Distribution Channel, By Country and Growth Forecast, 2024 - 2031

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    Report

  • 135 Pages
  • September 2024
  • Region: Asia Pacific
  • Marqual IT Solutions Pvt. Ltd (KBV Research)
  • ID: 6007564
The Asia Pacific Beetroot Powder Market would witness market growth of 9.7% CAGR during the forecast period (2024-2031). In the year 2022, the Asia Pacific market's volume surged to 41,853.2 Tonnes, showcasing a growth of 12.9% (2020-2023).

In the Beetroot Powder Market, the Food & Beverage application is a significant and growing segment due to the versatile uses of this powder in culinary creations. Beetroot powder is increasingly utilized as a natural colorant and flavor enhancer in various food and beverage products, including smoothies, juices, baked goods, and snacks. Its vibrant red color and earthy flavor add aesthetic appeal and nutritional value, making it a popular choice for health-conscious consumers and manufacturers seeking clean label ingredients. Thus, the Food & Beverage in China market consumed 228.25 Tonnes in 2023.



The China market dominated the Asia Pacific Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $60.31 millions by 2031. The Japan market is registering a CAGR of 9% during (2024 - 2031). Additionally, The India market would showcase a CAGR of 10.3% during (2024 - 2031).

Nitrates in this powder improve oxygen efficiency during exercise, allowing muscles to function more effectively with less fatigue. This leads to improved stamina and endurance, making this powder a popular supplement in the sports nutrition industry. Athletes and active individuals are constantly searching for natural performance enhancers, and this powder offers a scientifically backed option for boosting energy and improving recovery.

The expansion of this market is inextricably linked to the impact of health influencers and social media. Platforms such as Instagram, YouTube, and TikTok have given rise to a new generation of wellness influencers who regularly promote the benefits of superfoods to their followers. The vibrant red color of the powder and its numerous health benefits make it a visually attractive and compelling product for influencers to showcase.

Australia has seen a marked increase in the demand for this powder, fueled by the country’s robust fitness culture and the rising interest in sports nutrition. Australian consumers are highly focused on performance-enhancing supplements, and this powder has become popular for its ability to improve endurance and athletic recovery. The country’s fitness and wellness industries have embraced this powder, especially among athletes and fitness enthusiasts looking for natural solutions to boost their physical performance. Furthermore, the rise of plant-based and clean-label products in Australia has driven demand for this powder as a versatile and nutrient-rich ingredient. Increasing awareness about the environmental benefits of plant-based diets has also contributed to the market’s expansion. Thus, these factors play major roles in the market’s growth, making the Asia Pacific region a crucial player in this market.

Based on Product, the market is segmented into Conventional, and Organic. Based on Application, the market is segmented into Food & Beverage, Nutraceuticals & Dietary Supplements, Cosmetics & Personal Care, and Other Applications. Based on Distribution Channel, the market is segmented into Supermarkets/Hypermarkets, Convenience Stores, Online, and Other Distribution Channels. Based on countries, the market is segmented into China, Japan, India, South Korea, Australia, Malaysia, and Rest of Asia Pacific.

List of Key Companies Profiled

  • Biofinest LLC
  • Supergarden
  • Nature's Way Products LLC (Dr. Willmar Schwabe GmbH & Co. KG)
  • PharmaCare (New Zealand) Ltd.
  • GO Superfoods Ltd.
  • Natures Aid
  • Botanical Ingredients Ltd.
  • Terrasoul Superfoods
  • Yesraj Agro Exports Pvt. Ltd.
  • Cultivator Natural Products Pvt. Ltd.

Market Report Segmentation

By Product (Volume, Tonnes, USD Million, 2020-2031)

  • Conventional
  • Organic

By Application (Volume, Tonnes, USD Million, 2020-2031)

  • Food & Beverage
  • Nutraceuticals & Dietary Supplements
  • Cosmetics & Personal Care
  • Other Applications

By Distribution Channel (Volume, Tonnes, USD Million, 2020-2031)

  • Supermarkets/Hypermarkets
  • Convenience Stores
  • Online
  • Other Distribution Channels

By Country (Volume, Tonnes, USD Million, 2020-2031)

  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Malaysia
  • Rest of Asia Pacific

Table of Contents

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Asia Pacific Beetroot Powder Market, by Product
1.4.2 Asia Pacific Beetroot Powder Market, by Application
1.4.3 Asia Pacific Beetroot Powder Market, by Distribution Channel
1.4.4 Asia Pacific Beetroot Powder Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges
3.3 Porter Five Forces Analysis
Chapter 4. Asia Pacific Beetroot Powder Market by Product
4.1 Asia Pacific Conventional Market by Country
4.2 Asia Pacific Organic Market by Country
Chapter 5. Asia Pacific Beetroot Powder Market by Application
5.1 Asia Pacific Food & Beverage Market by Country
5.2 Asia Pacific Nutraceuticals & Dietary Supplements Market by Country
5.3 Asia Pacific Cosmetics & Personal Care Market by Country
5.4 Asia Pacific Other Applications Market by Country
Chapter 6. Asia Pacific Beetroot Powder Market by Distribution Channel
6.1 Asia Pacific Supermarkets/Hypermarkets Market by Country
6.2 Asia Pacific Convenience Stores Market by Country
6.3 Asia Pacific Online Market by Country
6.4 Asia Pacific Other Distribution Channels Market by Country
Chapter 7. Asia Pacific Beetroot Powder Market by Country
7.1 China Beetroot Powder Market
7.1.1 China Beetroot Powder Market by Product
7.1.2 China Beetroot Powder Market by Application
7.1.3 China Beetroot Powder Market by Distribution Channel
7.2 Japan Beetroot Powder Market
7.2.1 Japan Beetroot Powder Market by Product
7.2.2 Japan Beetroot Powder Market by Application
7.2.3 Japan Beetroot Powder Market by Distribution Channel
7.3 India Beetroot Powder Market
7.3.1 India Beetroot Powder Market by Product
7.3.2 India Beetroot Powder Market by Application
7.3.3 India Beetroot Powder Market by Distribution Channel
7.4 South Korea Beetroot Powder Market
7.4.1 South Korea Beetroot Powder Market by Product
7.4.2 South Korea Beetroot Powder Market by Application
7.4.3 South Korea Beetroot Powder Market by Distribution Channel
7.5 Australia Beetroot Powder Market
7.5.1 Australia Beetroot Powder Market by Product
7.5.2 Australia Beetroot Powder Market by Application
7.5.3 Australia Beetroot Powder Market by Distribution Channel
7.6 Malaysia Beetroot Powder Market
7.6.1 Malaysia Beetroot Powder Market by Product
7.6.2 Malaysia Beetroot Powder Market by Application
7.6.3 Malaysia Beetroot Powder Market by Distribution Channel
7.7 Rest of Asia Pacific Beetroot Powder Market
7.7.1 Rest of Asia Pacific Beetroot Powder Market by Product
7.7.2 Rest of Asia Pacific Beetroot Powder Market by Application
7.7.3 Rest of Asia Pacific Beetroot Powder Market by Distribution Channel
Chapter 8. Company Profiles
8.1 Biofinest LLC
8.1.1 Company Overview
8.1.2 SWOT Analysis
8.2 Supergarden
8.2.1 Company Overview
8.2.2 SWOT Analysis
8.3 Nature's Way Products LLC (Dr. Willmar Schwabe GmbH & Co. KG)
8.3.1 Company Overview
8.3.2 SWOT Analysis
8.4 PharmaCare (New Zealand) Ltd.
8.4.1 Company Overview
8.4.2 SWOT Analysis
8.5 GO Superfoods Ltd.
8.5.1 Company Overview
8.5.2 SWOT Analysis
8.6 Natures Aid
8.6.1 Company Overview
8.6.2 SWOT Analysis
8.7 Botanical Ingredients Ltd.
8.7.1 Company Overview
8.7.2 SWOT Analysis
8.8 Terrasoul Superfoods
8.8.1 Company Overview
8.9 Yesraj Agro Exports Pvt. Ltd.
8.9.1 Company Overview
8.9.2 SWOT Analysis
8.10. Cultivator Natural Products Pvt. Ltd.
8.10.1 Company Overview

Companies Mentioned

  • Biofinest LLC
  • Supergarden
  • Nature's Way Products LLC (Dr. Willmar Schwabe GmbH & Co. KG)
  • PharmaCare (New Zealand) Ltd.
  • GO Superfoods Ltd.
  • Natures Aid
  • Botanical Ingredients Ltd.
  • Terrasoul Superfoods
  • Yesraj Agro Exports Pvt. Ltd.
  • Cultivator Natural Products Pvt. Ltd.

Methodology

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