"Betanin Market Report has thorough information about a target markets or customers. The market analysis report gives full knowledge about the market and competitive landscape which aids with enhanced decision making, better manage marketing of goods and decide market goals for enhanced profitability. When the marketing report is accompanied with right tools and technology, it helps tackle a number of uncertain challenges for the business.
Global Betanin Market, By Form (Liquid Betanin, Powder Betanin), Product Source (Red Beet, Yellow Beet, Prickly Peer, Swiss Chard, Grain Amaranth, Cactus Fruits), End-Use (Food & Beverages, Cosmetics & Personal Care, Paint Industry, Healthcare, Others), Country (U.S., Canada, Mexico, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, U.A.E, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
The betanin market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses the market to reach at an estimated value of USD 0.43 billion and grow at a CAGR of 4.70% in the above-mentioned forecast period. Increase in the consumption of food containing natural colors acts as an essential factor driving the betanin market.
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Betanin or beetroot red is defined as a red-colored pigment which is used as a food dye that is obtained from beetroot. Beetroots are diffused, strained, or pressed at a low pH to produce water-soluble betanin. It is extensively used as a natural colorant in the food, cosmetics, and paint industries. There are numerous sources of betanin, that include red or yellow beet, colored Swiss chard, prickly pear, grain amaranth, and cactus fruits.
Market Players Covered:
The major players covered in the betanin market report are Merck Sharp & Dohme Corp (a subsidiary of Merck & Co., Inc.), TCI Chemicals (India) Pvt. Ltd, Top Pharm Chemical Group, Kanegrade, Hunan NutraMax Inc, Nanjing Zelang Medical Technology Co., Ltd, KINGHERBS, Bakels Worldwide, VWR International, LLC., Qingdao Pengyuan Kanghua Natural Source Co., Ltd and Top Pharm Chemical Group, among other domestic and global players. Market share data is available for Global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analyst understands competitive strengths and provides competitive analysis for each competitor separately.
The report provides insights on the following pointers:
- Market Penetration: Comprehensive information on the product portfolios of the top players in the Betanin Market.
- Product Development/Innovation: Detailed insights on the upcoming technologies, R&D activities, and product launches in the market.
- Competitive Assessment: In-depth assessment of the market strategies, geographic and business segments of the leading players in the market.
- Market Development: Comprehensive information about emerging markets. This report analyzes the market for various segments across geographies.
- Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the Betanin Market.
Global Betanin Market survey report analyses the general market conditions such as product price, profit, capacity, production, supply, demand, and market growth rate which supports businesses on deciding upon several strategies. Furthermore, big sample sizes have been utilized for the data collection in this business report which suits the necessities of small, medium as well as large size of businesses. The report explains the moves of top market players and brands that range from developments, products launches, acquisitions, mergers, joint ventures, trending innovation and business policies.
The following are the regions covered in this report.
- North America [U.S., Canada, Mexico]
- Europe [Germany, UK, France, Italy, Rest of Europe]
- Asia-Pacific [China, India, Japan, South Korea, Southeast Asia, Australia, Rest of Asia Pacific]
- South America [Brazil, Argentina, Rest of Latin America]
- The Middle East & Africa [GCC, North Africa, South Africa, Rest of the Middle East and Africa]
This study answers to the below key questions:
- What are the key factors driving the Betanin Market?
- What are the challenges to market growth?
- Who are the key players in the Betanin Market?
- What are the market opportunities and threats faced by the key players?
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