More people are projected to prefer to consume healthy foods and beverages over the forecast period, which will enhance demand for beetroot powder. According to the U.S. National Institutes of Health (NIH), consuming beetroot has advantageous physiological benefits that may improve clinical outcomes for a range of disorders include hypertension, atherosclerosis, and dementia. Beetroot powder is also used as a natural colourant and flavour enhancer in the food and beverage industry. These components are projected to stimulate the expansion of the beetroot powder market on a global scale.
The size of the global Beetroot Powder Market is estimated to be US$ 12.6 billion in 2022 and US$ 13.7 billion in 2028, with a rising CAGR of 5.10% over the next six years.
Leading Companies in the Beetroot Powder Industry:
1. Indigo Herbs Radiance Ltd.: Indigo Herbs is motivated by everything that nature has to offer and is of the opinion that it is possible to live in harmony with the environment and still have optimal nutrition. For us, this means emphasising plant-based products, which by their very nature have less of an impact on the environment. In 2005, Indigo Herbs was founded in a garden office in Glastonbury, Somerset, United Kingdom.
2. Mountain Rose Herbs: They provide one of the broadest collections of organically grown herbs, spices, and botanicals in North America by using ethical and responsible sourcing practises. The company, situated in Eugene, Oregon, was established in 1987.
3. Nature's Way Products: For any need, Nature's Way® has a wide selection of goods. From probiotics and daily multivitamins to specialised items, organic herbs, and homoeopathic treatments. Established in 1969. The main office of Nature's Way is located in Green Bay, Wisconsin, at 825 Challenger Drive. In 2021, Nature's Way purchased the personalised nutrition company Baze.
4. Yesraj Agro Exports: Agriculture and allied activities firm Yesraj Agro Exports Private Limited is headquartered in Pune, Maharashtra, India. In 2013, it was founded. Agriculture and related activities are the area of expertise for Yesraj Agro Exports Private Limited. A private corporation, Yesraj Agro Exports Private Limited.
5. Natures Aid Ltd.: For more than three decades, Natures Aid has produced and supplied premium dietary supplements. Since its founding in 1981, Natures Aid has grown to become a popular brand of vitamins, supplements, and herbal items in the UK. These are produced in our own, specially designed factory in the UK. Natures Aid aims to expand internationally after winning a Queen's Award.
Definition: Beet powder, also called beetroot powder, is a similarly bright pink or red product made from dried, ground beets.
