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North America 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

  • 111 Pages
  • September 2024
  • Region: North America
  • Marqual IT Solutions Pvt. Ltd (KBV Research)
  • ID: 6007480
The North America Beetroot Powder Market would witness market growth of 8.5% CAGR during the forecast period (2024-2031). In the year 2020, the North America market's volume surged to 1,411.3 Tonnes, showcasing a growth of 11.0% (2020-2023).

Conventional beetroot powder refers to powder produced using standard agricultural practices, rather than organic or specialized farming methods. This product is made by drying and grinding beetroots that are typically grown with conventional farming techniques, which may involve the use of synthetic fertilizers, pesticides, and other chemical inputs. Conventional beetroot powder is widely available and often more affordable compared to organic alternatives. Thus, Conventional in US market consumed 820.9 Tonnes in 2023.



The US market dominated the North America Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $203.32 millions by 2031. The Canada market is experiencing a CAGR of 10.6% during (2024 - 2031). Additionally, The Mexico market would exhibit a CAGR of 9.9% during (2024 - 2031).

This market has witnessed considerable growth in recent years, driven by multiple factors that align with modern consumer preferences. The increasing shift toward health-conscious lifestyles, the rise of natural food products, and the popularity of superfoods have collectively boosted the demand for this powder. Its nitrate content, particularly, has been linked to various health benefits, especially cardiovascular health and physical performance.

One of the primary factors contributing to the expansion of this market is the growing recognition among consumers of the significance of nutrition in the context of their overall health and health. Over the past decade, a significant shift has been toward natural and plant-based alternatives to conventional supplements and processed foods. Many consumers seek products free from synthetic additives, preservatives, and chemicals.

The North American market is experiencing steady growth, driven by rising consumer awareness of the health benefits associated with beetroot. Health-conscious consumers in the region increasingly incorporate superfoods into their diets, with this powder being popular due to its rich nutritional profile. The demand is fueled by various factors, such as the growing trend toward plant-based diets, the increasing popularity of functional foods, and the strong emphasis on organic and clean-label products. In Mexico, the growing demand for this powder is driven by the rising health and wellness trend. The demand for superfoods and natural supplements in Mexico is on the rise due to the expanding middle class and the growing interest of consumers in maintaining a healthy lifestyle. This powder, known for its cardiovascular and digestive health benefits, is becoming a favored ingredient in health-conscious diets. Therefore, as the demand for health supplements and natural ingredients rises, this market is expected to continue its upward trajectory across the region.

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 U.S., Mexico, Canada, and Rest of North America.

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)

  • US
  • Canada
  • Mexico
  • Rest of North America

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 North America Beetroot Powder Market, by Product
1.4.2 North America Beetroot Powder Market, by Application
1.4.3 North America Beetroot Powder Market, by Distribution Channel
1.4.4 North America 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. North America Beetroot Powder Market by Product
4.1 North America Conventional Market by Country
4.2 North America Organic Market by Country
Chapter 5. North America Beetroot Powder Market by Application
5.1 North America Food & Beverage Market by Country
5.2 North America Nutraceuticals & Dietary Supplements Market by Country
5.3 North America Cosmetics & Personal Care Market by Country
5.4 North America Other Applications Market by Country
Chapter 6. North America Beetroot Powder Market by Distribution Channel
6.1 North America Supermarkets/Hypermarkets Market by Country
6.2 North America Convenience Stores Market by Country
6.3 North America Online Market by Country
6.4 North America Other Distribution Channels Market by Country
Chapter 7. North America Beetroot Powder Market by Country
7.1 US Beetroot Powder Market
7.1.1 US Beetroot Powder Market by Product
7.1.2 US Beetroot Powder Market by Application
7.1.3 US Beetroot Powder Market by Distribution Channel
7.2 Canada Beetroot Powder Market
7.2.1 Canada Beetroot Powder Market by Product
7.2.2 Canada Beetroot Powder Market by Application
7.2.3 Canada Beetroot Powder Market by Distribution Channel
7.3 Mexico Beetroot Powder Market
7.3.1 Mexico Beetroot Powder Market by Product
7.3.2 Mexico Beetroot Powder Market by Application
7.3.3 Mexico Beetroot Powder Market by Distribution Channel
7.4 Rest of North America Beetroot Powder Market
7.4.1 Rest of North America Beetroot Powder Market by Product
7.4.2 Rest of North America Beetroot Powder Market by Application
7.4.3 Rest of North America 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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