Regional Analysis

Market Outlook

Asia Pacific, North America, and Europe is expected to witness significant growth in the market, owing to increasing use of beetroot powder in various food products and significant growth in the food processing industry. For instance, in Australia, beetroot powder considered as an iconic ingredient of conventional Australian version of hamburger. It is also widely used in salads or added to pasta dishes. According to the Indian Department of Industrial Policies and Promotion (DIPP), food processing industry received US$ 7.54 billion worth of Foreign Direct Investment (FDI) during the period 2000-2017. Moreover, The Confederation of Indian Industry (CII) estimates that Indian food processing industry has a potential to attract US$ 33 billion of investment during 2017-2027.

Geographies covered:

North America