Global Carrot Powder Market Size To Exceed USD 3.29 Billion By 2035 | CAGR of 7.87%

Global Carrot Powder Market Size To Exceed USD 3.29 Billion By 2035

According to a research report published by Spherical Insights & Consulting, the Global Carrot Powder Market Size is Expected to Grow from USD 1.43 Billion in 2024 to USD 3.29 Billion by 2035, at a CAGR of 7.87% during the forecast period 2025-2035.

Browse key industry insights spread across 218 pages with 95 Market data tables and figures & charts from the report on the “Global Carrot Powder Market Size, Share, and COVID-19 Impact Analysis, By Product Type (Organic Carrot Powder, Conventional Carrot Powder, Freeze-Dried Carrot Powder, and Dehydrated Carrot Powder), By Application (Food and Beverages, Cosmetics and Personal Care, Pharmaceuticals and Animal Feed), By Distribution Channel (Online Retail, Offline Retail and Direct Sales), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2025 – 2035.” Get Detailed Report Description Here:https://www.sphericalinsights.com/reports/carrot-powder-market

The carrot powder industry is a worldwide business dealing with the manufacturing, distribution, and sale of powdered dried, or processed carrots. Natural, nutrient-rich foods to provide general health and immunity are the demands on the rise. Carrot powder, being high in beta-carotene (vitamin A), antioxidants, and fiber, is in tune with the trend. Its positive impact on the health of eyes, skin, and immunity contributes to its popularity as an ingredient in health-oriented food, drink, and supplement products with robust market demand. Additionally, modern consumers prefer minimal artificial additives on the product label. As a natural color and flavor ingredient, carrot powder facilitates clean-label formats. Manufacturers use it to displace artificial colorants and preservatives, especially in baby food, beverages, and bakery products. This demand for natural ingredients is considerably driving the market for carrot powder across the globe. However, the production of carrot powder, particularly organic and freeze-dried varieties, involves high-tech processes and energy-consuming processes, escalating production costs. These elevated costs render carrot powder more costly than man-made varieties, curbing affordability and uptake, especially among price-sensitive markets, thus hindering market growth.

The organic carrot powder segment dominated the market in 2024 and is projected to grow at a substantial CAGR during the forecast period.

Based on the product type, the carrot powder market is divided into organic carrot powder, conventional carrot powder, freeze-dried carrot powder, and dehydrated carrot powder. Among these, the organic carrot powder segment dominated the market in 2024 and is projected to grow at a substantial CAGR during the forecast period. The segmental growth is due to consumers being increasingly aware of the health benefits of organic products. Organic carrot powder, produced free of synthetic chemicals, is popular among consumers looking for safer, more natural food. This chemical-free, nutrient-dense ingredient demand fuels the growth and market leadership of the organic segment.

The food and beverages segment accounted for the highest share in 2024 and is anticipated to grow at a significant CAGR during the forecast period.

Based on the application, the carrot powder market is divided into food and beverages, cosmetics and personal care, pharmaceuticals, and animal feed. Among these, the food and beverages segment accounted for the highest share in 2024 and is anticipated to grow at a significant CAGR during the forecast period. The growth is attributed to carrot powder contains a high content of vitamin A, antioxidants, and dietary fiber, which boosts the health aspect of food and beverages. The application fits in with the rising trend of functional foods that enhance immunity, eyesight, and general well-being, resulting in enhanced use in foods and solidifying this segment's market leadership.

The offline retail segment held a substantial share in 2024 and is expected to grow at a significant CAGR during the forecast period.

Based on the distribution channel, the carrot powder market is divided into online retail, offline retail, and direct sales. Among these, the offline retail segment held a substantial share in 2024 and is expected to grow at a significant CAGR during the forecast period. The growth is driven by most consumers prefer offline retail as they get to see, touch, and judge the product before purchase. This tactile experience instills confidence, particularly for products like carrot powder where freshness, packaging, and brand reputation are significant considerations for making purchases.

North America is expected to hold the majority share of the global carrot powder market during the forecast period.

North America is expected to hold the majority share of the global carrot powder market during the forecast period. North America has a well-developed food and nutraceutical manufacturing industry. This facilitates mass production and blending of carrot powder in diverse end-use applications such as baby food, bakery, sauces, and dietary supplements. Major corporations in the U.S. and Canada possess the R&D capability and resources to innovate and commercialize carrot-derived products quickly. The industrial strength aids volume and value growth, and the region's leading market position in the world is reinforced.

Asia Pacific is anticipated to grow at the fastest pace in the global carrot powder market during the forecast period. Asia-Pacific is experiencing increased health awareness among consumers, which has been prompted by urbanization and increasing disposable incomes. Consumers are opting for natural and healthy food products, such as carrot powder because it is packed with vitamin and antioxidant content. Increased demand for plant-based and functional food drives quick market growth, particularly in nations such as India, China, and Japan, where traditional and contemporary health trends blend to support demand for carrot powder in foods and supplements.

Europe is predicted to hold a significant share of the carrot powder market throughout the estimated period. Europe has a well-developed food processing industry that widely applies carrot powder as a natural food ingredient in baked products, soups, sauces, and ready meals. Advanced technology and innovation enable the manufacturing of high-quality carrot powder products that satisfy consumer demands. This well-established infrastructure supports product development and mass application, leading to consistent market demand and maintenance of a large market share.

Major vendors in the global carrot powder market are Biofinest, Urban Platter, Z Natural Foods, Secret Barn, PENTA PURE FOODS, Organicway, Pure Synergy, Farmvilla Food Industries, Weinan Summit, Jiangsu Zhenya, and Others.

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting and Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Recent Development

• In September 2021, Divi's Nutraceuticals introduced CaroNat, a natural food color obtained from concentrated carrot juice and containing beta-carotene. CaroNat is intended to provide a dark yellow to orange color to various food and beverage applications, such as dairy foods, instant beverages, yogurts, gummy candies, cakes, puddings, and ice cream. The product is produced using only plant-based ingredients and is made without the use of silicon dioxide, as part of following clean label trends and enabling the usage of claims like "No artificial color/ingredient," "Vegetarian," and "Vegan.".

Market Segment

This study forecasts revenue at the global, regional, and country levels from 2020 to 2035. Spherical Insights has segmented the carrot powder market based on the below-mentioned segments:

Global Carrot Powder Market, By Product Type

• Organic Carrot Powder
• Conventional Carrot Powder
• Freeze-Dried Carrot Powder
• Dehydrated Carrot Powder

Global Carrot Powder Market, By Application

• Food and Beverages
• Cosmetics and Personal Care
• Pharmaceuticals
• Animal Feed

Global Carrot Powder Market, By Distribution Channel

• Online Retail
• Offline Retail
• Direct Sales

Global Carrot Powder Market, By Regional Analysis

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Rest of Asia Pacific
• South America
  • Brazil
  • Argentina
  • Rest of South America
• Middle East & Africa
  • UAE
  • Saudi Arabia
  • Qatar
  • South Africa
  • Rest of the Middle East & Africa

About the Spherical Insights & Consulting

Spherical Insights & Consulting is a market research and consulting firm which provides actionable market research study, quantitative forecasting and trends analysis provides forward-looking insight especially designed for decision makers and aids ROI.

Which is catering to different industry such as financial sectors, industrial sectors, government organizations, universities, non-profits and corporations. The company's mission is to work with businesses to achieve business objectives and maintain strategic improvements. 

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