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The United States beetroot supplement market value reached USD 143.50 million in 2023. The market is expected to grow at a CAGR of 8.5% during the forecast period of 2024-2032 and to reach around USD 299.03 million by 2032.
United States Beetroot Supplement Market Report Summary | Description | Value |
Base Year | USD Million | 2023 |
Historical Period | USD Million | 2018-2023 |
Forecast Period | USD Million | 2024-2032 |
Market Size 2023 | USD Million | 143.50 |
Market Size 2032 | USD Million | 299.03 |
CAGR 2018-2023 | Percentage | XX% |
CAGR 2024-2032 | Percentage | 8.5% |
CAGR 2024-2032 - Market by Region | Southeast | 8.4% |
CAGR 2024-2032 - Market by Region | New England | 7.9% |
CAGR 2024-2032 - Market by Form | Liquid | 9.4% |
CAGR 2024-2032 - Market by Distribution Channel | Online Retail | 9.4% |
Market Share by Region | New England | XX% |
The market for beetroot supplements in the United States is growing on account of the increasing demand for plant-based dietary supplements in the country and the growing awareness regarding the health benefits associated with the consumption of beetroot. The growing interest in exploring the health benefits of beetroot is increasing the application potential of the product in health and nutrition sector, further propelling the growth of the United States beetroot supplement market.
The market also benefits from the growing demand for functional foods or superfoods in the country and the availability of dietary supplements in convenient formats including powder, capsules, and gummies. The rising demand for natural and additive-free products is expected to encourage manufacturers to innovate their offerings, including product formulation and packaging, to attract more customers and boost sales.
CAGR 2024-2032 - Market by | Form |
Liquid | 9.4% |
Powder | 9.0% |
Capsules | 8.2% |
Tablets | 7.7% |
CAGR 2024-2032 - Market by | Distribution Channel |
Online Retail | 9.4% |
Health Food Stores | 9.0% |
Pharmacies/Drug Stores | 8.2% |
Others | 7.7% |
The US market exhibits varying growth rates across different regions, with the Far West leading at a 9.9% CAGR. This region's growth is driven by a strong health and wellness culture and high consumer awareness of the benefits of beetroot supplements. The Rocky Mountain region follows with a 9.2% CAGR, supported by an active lifestyle population and a focus on natural health products. The Southwest, with an 8.8% CAGR, benefits from a growing interest in nutritional supplements and a rising health-conscious demographic. The Southeast, at 8.4%, sees robust growth in its beetroot supplement market share in United States, fueled by increasing health awareness and the popularity of fitness regimes. New England's 7.9% growth is driven by a well-educated population and a strong emphasis on preventive health measures. The Mideast, growing at 7.3%, relies on steady demand from urban centers and a focus on holistic health. The Plains, with a 6.8% CAGR, see steady growth from agricultural roots and an increasing trend towards natural supplements. Lastly, the Great Lakes region, with a 6.4% CAGR, shows slower growth but maintains demand due to its manufacturing base and emerging health trends. These rankings highlight the diverse factors driving the United States beetroot supplement market revenue.
CAGR 2024-2032 - Market by | Region |
Southeast | 8.4% |
New England | 7.9% |
Mideast | 7.3% |
Plains | 6.8% |
Great Lakes | 6.4% |
Southwest | 8.8% |
Rocky Mountain | 9.2% |
Far West | 9.9% |
Expert Market Research's industry report provides a comprehensive quantitative analysis of various market segments, historical and current market trends, and forecasts the dynamics of the United States beetroot supplement market spanning from 2018 to 2032.
The research report delivers up-to-date insights into the market drivers, challenges, and opportunities shaping the United States beetroot supplement industry.
Stakeholders can leverage Porter's five forces analysis to assess the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. This analysis aids in evaluating the competitiveness and attractiveness of the United States beetroot supplement market.
The competitive landscape section enables stakeholders to gain a deep understanding of their competitive environment. It offers insights into the current market positions of key players, their strategies, and their market shares.
Additionally, the report highlights emerging trends, regulatory influences, and technological advancements that are pivotal for stakeholders navigating the United States beetroot supplement market landscape.
REPORT FEATURES | DETAILS |
Base Year | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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Breakup by Form |
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Breakup by Distribution Channel |
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Breakup by Region |
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Market Dynamics |
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Competitive Landscape |
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Companies Covered |
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*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
7 Opportunities and Challenges in the Market
8 United States Beetroot Supplement Market Analysis
8.1 Key Industry Highlights
8.2 United States Beetroot Supplement Historical Market (2018-2023)
8.3 United States Beetroot Supplement Market Forecast (2024-2032)
9 United States Beetroot Supplement Market by Form
9.1 Powder
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Capsules
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
9.3 Tablets
9.3.1 Historical Trend (2018-2023)
9.3.2 Forecast Trend (2024-2032)
9.4 Liquid
9.4.1 Historical Trend (2018-2023)
9.4.2 Forecast Trend (2024-2032)
10 United States Beetroot Supplement Market by Distribution Channel
10.1 Online Retail
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Pharmacies/Drug Stores
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 Health Food Stores
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Others
11 United States Beetroot Supplement Market by Region
11.1 New England
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Mideast
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 Great Lakes
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 Plains
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Southeast
11.5.1 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Southwest
11.6.1 Historical Trend (2018-2023)
11.6.2 Forecast Trend (2024-2032)
11.7 Rocky Mountain
11.7.1 Historical Trend (2018-2023)
11.7.2 Forecast Trend (2024-2032)
11.8 Far West
11.8.1 Historical Trend (2018-2023)
11.8.2 Forecast Trend (2024-2032)
12 Market Dynamics
12.1 SWOT Analysis
12.1.1 Strengths
12.1.2 Weaknesses
12.1.3 Opportunities
12.1.4 Threats
12.2 Porter’s Five Forces Analysis
12.2.1 Supplier’s Power
12.2.2 Buyer’s Power
12.2.3 Threat of New Entrants
12.2.4 Degree of Rivalry
12.2.5 Threat of Substitutes
12.3 Key Indicators for Demand
12.4 Key Indicators for Price
13 Competitive Landscape
13.1 Market Structure
13.2 Company Profiles
13.2.1 Nature's Way Products, LLC
13.2.1.1 Company Overview
13.2.1.2 Product Portfolio
13.2.1.3 Demographic Reach and Achievements
13.2.1.4 Certifications
13.2.2 HumanN
13.2.2.1 Company Overview
13.2.2.2 Product Portfolio
13.2.2.3 Demographic Reach and Achievements
13.2.2.4 Certifications
13.2.3 NutraMarks, Inc.
13.2.3.1 Company Overview
13.2.3.2 Product Portfolio
13.2.3.3 Demographic Reach and Achievements
13.2.3.4 Certifications
13.2.4 FutureCeuticals, Inc.
13.2.4.1 Company Overview
13.2.4.2 Product Portfolio
13.2.4.3 Demographic Reach and Achievements
13.2.4.4 Certifications
13.2.5 Bio Botanica, Inc.
13.2.5.1 Company Overview
13.2.5.2 Product Portfolio
13.2.5.3 Demographic Reach and Achievements
13.2.5.4 Certifications
13.2.6 Jarrow Formulas, Inc.
13.2.6.1 Company Overview
13.2.6.2 Product Portfolio
13.2.6.3 Demographic Reach and Achievements
13.2.6.4 Certifications
13.2.7 Others
14 Key Trends and Developments in the Market
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