The Carotenoids Market is expected to be around US$ 2.40 Billion by 2027 at a CAGR of 5.7% in the given forecast period.
The main key drivers that surged the development of the carotenoid market is solid development in end-use ventures like animal feed, pharmaceuticals, food & beverages, and dietary supplements. Different factors that include health ailments like obesity and nutrient insufficiency and changing consumers choices regarding organic nutritional supplements. There is a growing demand for natural and organic products that are made from organic or natural supplements and colors.
Carotenoids are typically found in microorganisms, green growth, and higher plants just as some animal species. They give splendid yellow, red, and orange shading and shield these species from the unsafe impacts of light, air, and sensitizer colors. Carotenoids are significantly utilized as food coloring agents.
The global Carotenoids market is segregated on the basis of Product as Beta-Carotene, Lutein, Lycopene, Astaxanthin, Capsanthin, and Others. Based on Source the global Carotenoids market is segmented in Synthetic and Natural. Based on Application the global Carotenoids market is segmented in Dietary Supplement, Animal Feed, and Human Food.
Based on End-User, the global Carotenoids market is segmented in Supplements, Feed, Cosmetics, and Pharmaceuticals.
The global Carotenoids market report provides geographic analysis covering regions, such as North America, Europe, Asia-Pacific, and Rest of the World. The Carotenoids market for each region is further segmented for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others.
Competitive Rivalry
Chr. Hansen Holding A/S, Koninklijke DSM N.V., Cyanotech Corporation, Divis Laboratories Ltd., DDW The Colour House, Kemin Industries, Inc., ExcelVite, Allied Biotech Corporation, Döhler Group, BASF SE (BASF Corporation), and others are among the major players in the global Carotenoids market. The companies are involved in several growth and expansion strategies to gain a competitive advantage. Industry participants also follow value chain integration with business operations in multiple stages of the value chain.
The Carotenoids Market has been segmented as below:
Carotenoids Market, By Product
Carotenoids Market, By Source
Carotenoids Market, By Application
Carotenoids Market, By End-User
Carotenoids Market, By Region
Carotenoids Market, By Company
The report covers:
Report Scope:
The global Carotenoids market report scope includes detailed study covering underlying factors influencing the industry trends.
The report covers analysis on regional and country level market dynamics. The scope also covers competitive overview providing company market shares along with company profiles for major revenue contributing companies.
The report scope includes detailed competitive outlook covering market shares and profiles key participants in the global Carotenoids market share. Major industry players with significant revenue share include Chr. Hansen Holding A/S, Koninklijke DSM N.V., Cyanotech Corporation, Divis Laboratories Ltd., DDW The Colour House, Kemin Industries, Inc., ExcelVite, Allied Biotech Corporation, Döhler Group, BASF SE (BASF Corporation), and others.
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1. Introduction
1.1 Key Insights
1.2 Report Overview
1.3 Markets Covered
1.4 Stakeholders
2. Research Methodology
2.1 Research Scope
2.2 Market Research Process
2.3 Research Data Analysis
2.4.1 Secondary Research
2.4.2 Primary Research
2.4.3 Models for Estimation
2.5 Market Size Estimation
2.5.1 Bottom-Up Approach – Segmental Market Analysis
2.5.2 Top-Down Approach – Parent Market Analysis
3. Executive Summary
4. Market Overview
4.1 Introduction
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.2.4 Challenges
4.2 Porter’s Five Force Analysis
5. Carotenoids Market, By Product
5.1 Introduction
5.2 Beta-Carotene
5.2.1 Market Overview
5.2.2 Market Size and Forecast
5.3 Lutein
5.3.1 Market Overview
5.3.2 Market Size and Forecast
5.4 Lycopene
5.4.1 Market Overview
5.4.2 Market Size and Forecast
5.5 Astaxanthin
5.5.1 Market Overview
5.5.2 Market Size and Forecast
5.6 Capsanthin
5.6.1 Market Overview
5.6.2 Market Size and Forecast
5.7 Others
5.7.1 Market Overview
5.7.2 Market Size and Forecast
6. Carotenoids Market, By Source
6.1 Introduction
6.2 Synthetic
6.2.1 Market Overview
6.2.2 Market Size and Forecast
6.3 Natural
6.3.1 Market Overview
6.3.2 Market Size and Forecast
7. Carotenoids Market, By Application
7.1 Introduction
7.2 Dietary Supplement
7.2.1 Market Overview
7.2.2 Market Size and Forecast
7.3 Animal Feed
7.3.1 Market Overview
7.3.2 Market Size and Forecast
7.4 Human Food
7.4.1 Market Overview
7.4.2 Market Size and Forecast
8. Carotenoids Market, By End-User
8.1 Introduction
8.2 Supplements
8.2.1 Market Overview
8.2.2 Market Size and Forecast
8.3 Feed
8.3.1 Market Overview
8.3.2 Market Size and Forecast
8.4 Cosmetics
8.4.1 Market Overview
8.4.2 Market Size and Forecast
8.5 Pharmaceuticals
8.5.1 Market Overview
8.5.2 Market Size and Forecast
9. Carotenoids Market, By Geography
9.1 Introduction
9.2 North America
9.2.1 North America Carotenoids, By Product
9.2.2 North America Carotenoids, By Source
9.2.3 North America Carotenoids, By Application
9.2.4 North America Carotenoids, By End-User
9.3 Europe
9.3.1 Europe Carotenoids, By Product
9.3.2 Europe Carotenoids, By Source
9.3.3 Europe Carotenoids, By Application
9.3.4 Europe Carotenoids, By End-User
9.4 Asia-Pacific
9.4.1 Asia-Pacific Carotenoids, By Product
9.4.2 Asia-Pacific Carotenoids, By Source
9.4.3 Asia-Pacific Carotenoids, By Application
9.4.4 Asia-Pacific Carotenoids, By End-User
9.5 Rest of the World
9.5.1 Rest of the World Carotenoids, By Product
9.5.2 Rest of the World Carotenoids, By Source
9.5.3 Rest of the World Carotenoids, By Application
9.5.4 Rest of the World Carotenoids, By End-User
10. Competitive Insights
10.1 Key Insights
10.2 Company Market Share Analysis
10.3 Strategic Outlook
10.3.1 Mergers & Acquisitions
10.3.2 New Product Development
10.3.3 Portfolio/Production Capacity Expansions
10.3.4 Joint Ventures, Collaborations, Partnerships & Agreements
10.3.5 Others
11. Company Profiles
11.1 Chr. Hansen Holding A/S
11.1.1 Company Overview
11.1.2 Product/Service Landscape
11.1.3 Financial Overview
11.1.4 Recent Developments
11.2 Koninklijke DSM N.V.
11.2.1 Company Overview
11.2.2 Product/Service Landscape
11.2.3 Financial Overview
11.2.4 Recent Developments
11.3 Cyanotech Corporation
11.3.1 Company Overview
11.3.2 Product/Service Landscape
11.3.3 Financial Overview
11.3.4 Recent Developments
11.4 Divis Laboratories Ltd.
11.4.1 Company Overview
11.4.2 Product/Service Landscape
11.4.3 Financial Overview
11.4.4 Recent Developments
11.5 DDW The Colour House
11.5.1 Company Overview
11.5.2 Product/Service Landscape
11.5.3 Financial Overview
11.5.4 Recent Developments
11.6 Kemin Industries, Inc.
11.6.1 Company Overview
11.6.2 Product/Service Landscape
11.6.3 Financial Overview
11.6.4 Recent Developments
11.7 ExcelVite
11.7.1 Company Overview
11.7.2 Product/Service Landscape
11.7.3 Financial Overview
11.7.4 Recent Developments
11.8 Allied Biotech Corporation
11.8.1 Company Overview
11.8.2 Product/Service Landscape
11.8.3 Financial Overview
11.8.4 Recent Developments
11.9 Döhler Group
11.9.1 Company Overview
11.9.2 Product/Service Landscape
11.9.3 Financial Overview
11.9.4 Recent Developments
11.10 BASF SE (BASF Corporation)
11.10.1 Company Overview
11.10.2 Product/Service Landscape
11.10.3 Financial Overview
11.10.4 Recent Developments
The Carotenoids Market has been segmented as below:
Carotenoids Market, By Product
Carotenoids Market, By Source
Carotenoids Market, By Application
Carotenoids Market, By End-User
Carotenoids Market, By Region
Carotenoids Market, By Company
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