UAE Beta-carotene Market Outlook

the beta-carotene market in the united arab emirates (uae) is primarily driven by the demand for natural food colorants, and the government’s efforts in promoting the benefits of consumption of beta-carotene. the major sector driving the market includes food and beverages, nutraceuticals, cosmetics, and animal nutrition. the uae is a net importer of beta-carotene and imports mainly from europe, north america, and north africa. the demand for natural food coloring in the uae is rapidly increasing due to consumer trends towards healthier eating options and natural food ingredients. the market is also expected to be driven by the food industry which is largely dominated by the growth of flavors, colors and fragrances which is used to improve the overall taste of products. the major drivers for the growth of the beta-carotene market in the uae include increased demand for natural food colorings, high awareness of the health benefits associated with the consumption of beta-carotene and, favorable government policies and regulations. the government of the uae is actively promoting the use of beta-carotene in food products with the aim of improving public nutrition. the rouhani government is also taking action to reduce the importation of beta-carotene. the government increased the import duty on beta-carotene from 5% to 10% in 2017 which has resulted in an increase in price and a decrease in imports. the main factors expected to affect the uae beta-carotene market in the future include, increasing demand for natural food colorants, government policies to reduce imports and increasing awareness of the health benefits associated with beta-carotene consumption. the average price of beta-carotene in the uae is expected to remain relatively stable in the coming years. the uae beta-carotene market is likely to benefit from economic growth and increased per capita income, which will drive further demand in the sector. the major factors expected to affect the market over the forecast period are the adoption of government regulations restricting imports and the continued awareness of the health benefits associated with beta-carotene consumption. the uae beta-carotene market is expected to witness solid growth over the forecast period from 2018 to 2032 and it is estimated that the market will reach a cagr of 5.5%. during this period, the market is expected to benefit from the increasing adoption of natural food colorants and government policies to promote the consumption of beta-carotene.