Middle East & Africa Beta-carotene Market Outlook

the middle east and africa beta-carotene market outlook for the period 2018 to 2032 is expected to show positive trends in terms of increasing demand. beta-carotene is an essential nutrient vital for good health and has numerous applications in the food, nutraceuticals, pharmaceuticals and cosmetics industries. the product finds application in range of food items including dietary supplements, infant formula, fortified food and beverages, snacks, and even animal feed. as a result of its increasing application in a range of food items and declining prices, the demand for beta carotene from the middle east & africa (mea) region is set to increase significantly in coming years. this in turn is expected to boost the industrial production of the product while helping the global market achieve a cagr of 2.15 % from 2018 to 2032. in the mea region, most petrochemical manufacturers have started the production of beta-carotene on a large scale. this is helping the market become more competitive, with improved quality and cost-effective production. the region produces large amounts of carotene from natural sources, while increasing investments from leading international manufacturers are providing a major boost to the market. in terms of application, food products are expected remain the largest segment of the mea carotene market, followed by cosmetology products. furthermore, demand for carotene for therapeutic purposes is growing significantly, due to increasing awareness about the multiple health benefits the product offers. the future of the mea beta-carotene market looks promising and with increasing demand in the region. the market is expected to benefit from increasing acceptance from leading international manufacturers, research and development across the pharmaceutical industry, and rising consumer awareness.