Beetroot Powder Market
The market for Beetroot Powder was estimated at $603 million in 2024; it is anticipated to increase to $921 million by 2030, with projections indicating growth to around $1.31 billion by 2035.
Global Beetroot Powder Market Outlook
Revenue, 2024
Forecast, 2034
CAGR, 2025 - 2034
The Beetroot Powder industry revenue is expected to be around $647.3 million in 2025 and expected to showcase growth with 7.3% CAGR between 2025 and 2034. The lasting importance of the Beetroot powder market is mainly due to the growing awareness of health and well being among consumers. Individuals are becoming more aware of the content found in beetroot such as minerals, vitamins and antioxidants that play a role in various health advantages. Additionally the current significance of the market stems from the increasing popularity of superfoods and plant focused diets leading to a demand, within the sector. The Covid 19 pandemic has greatly emphasized the significance of making health food decisions on a global scale and has notably contributed to the expansion of this market.
Beetroot powder is a product that can be used on its own as a food supplement and is now finding its way into different industries such as food and beverage production as well as pharmaceuticals and beauty products. In the food and beverage industry it adds both color and a subtle sweet earthiness, to dishes while in cosmetics it is valued for its natural pigmentation properties. The pharmaceutical sector commonly employs capsule formulations of this substance for its health advantages like promoting heart health and enhancing stamina.
Market Key Insights
The Beetroot Powder market is projected to grow from $603.3 million in 2024 to $1.22 billion in 2034. This represents a CAGR of 7.3%, reflecting rising demand across Dietary Supplements, Food Coloring, and Skin Care Products.
NutraMarks Inc, Micro Ingredients, and Naturevibe Botanicals are among the leading players in this market, shaping its competitive landscape.
U.S. and Germany are the top markets within the Beetroot Powder market and are expected to observe the growth CAGR of 4.7% to 7.0% between 2024 and 2030.
Emerging markets including Brazil, South Africa and Philippines are expected to observe highest growth with CAGR ranging between 8.4% to 10.1%.
Transition like Escalating Preference for Natural Colorants is expected to add $76 million to the Beetroot Powder market growth by 2030.
The Beetroot Powder market is set to add $617 million between 2024 and 2034, with manufacturer targeting Food & Beverage & Cosmetics Application projected to gain a larger market share.
With Health and wellness trend, and technological Advancements in Food Processing, Beetroot Powder market to expand 102% between 2024 and 2034.
Opportunities in the Beetroot Powder
Growth Opportunities in North America and Asia-Pacific
Market Dynamics and Supply Chain
Driver: Health and Wellness Trend
Restraint: Fluctuating Raw Material Prices
Opportunity: Targeting the Health and Wellness Industry and Technological Advancements in Processing and Packaging
Challenge: Lack of Awareness Related to the Benefits of Beetroot Powder
Supply Chain Landscape
Cultivation & Harvest
Processing & Packaging
Distribution & Wholesaling
Retail & End User
Cultivation & Harvest
Processing & Packaging
Distribution & Wholesaling
Retail & End User
Use Cases of Beetroot Powder in Dietary Supplements & Food Coloring
Recent Developments
The beetroot powder market has experienced significant expansion in recent years, driven by evolving trends in health and wellness. This superfood, rich in antioxidants, vitamins, and minerals, has gained prominence for its myriad health benefits, contributing to the escalating demand in various industry sectors, including food & beverages, dietary supplements, and natural cosmetics.