Carotenoids Market - Growth, Trends And Forecast (2022 - 2027) By Types, By Application, By Regions and By Key Players: BNY Mellon Strategic Municipal Bond Fund, Inc. (NYSE :DSM), BASF, Allied Biotech Corporation (Taipei Exchange :1780.TWO),

Acknowledging the kind of traction gained by this market, recently published a study report by industry data analytics asserts the Carotenoids Market is expected to reach USD 2247.5 million by 2027, registering a phenomenal CAGR of 3.4% during the review period (2022 to 2027).

Carotenoids Market Overview

Based on the Carotenoids market development status, competitive landscape and development model in different regions of the world, this report is dedicated to providing niche markets, potential risks and comprehensive competitive strategy analysis in different fields of Food & Beverages. From the competitive advantages of different types of products and services, the development opportunities and consumption characteristics and structure analysis of the downstream application fields are all analyzed in detail. To Boost Growth of Carotenoids during the epidemic era, this report analyzes in detail for the potential risks and opportunities which can be focused on.

Carotenoids are organic pigments that are produced by plants and algae, as well as several bacteria and fungi. Carotenoids can be produced from fats and other basic organic metabolic building blocks by all these organisms. The only animals known to produce carotenoids are aphids and spider mites, which acquired the ability and genes from fungi. Carotenoids from the diet are stored in the fatty tissues of animals, and exclusively carnivorous animals obtain the compounds from animal fat.

Who are the Prime Plyers in the Carotenoids Market

BNY Mellon Strategic Municipal Bond Fund, Inc. (NYSE :DSM),  Chenguang Biotech, Koninklijke DSM (Netherlands), BASF (Germany), Chr. Hansen (Denmark), Kemin Industries (US), Lycored Limited (Israel), Fuji Chemical Industry Co Ltd. (Japan), Novus International (US), DDW The Color House (US), Dohler Group (Germany), Allied Biotech Corporation (Taiwan), E.I.D Parry (India), Farbest Brands (US), Excelvite Sdn. Bhd. (Malaysia), AlgaTechnologies Ltd. (Israel), Zhejiang NHU Co. Ltd (China), Dynadis SARL (France), Deinove SAS (France), Vidya Europe SAS (France), and Divi’s Laboratories (India)

Recent Development:

October 01, 2020: Cyanotech® Corporation Launches BioAstin®

Cyanotech® Corporation, (Nasdaq Capital Market: CYAN), a world leader in microalgae-based, high-value nutrition and health products, announces its launch of BioAstin® Hawaiian Astaxanthin® in a new delivery form, water dispersible powder, available in both 1% and 2% concentrations.

April 27, 2022: Kemin Food Technologies - Asia Launches Cost-Savings Indicator for Frying Oil

Kemin Industries, a global ingredient manufacturer that strives to sustainably transform the quality of life every day for 80 percent of the world with its products and services, has developed a new cost-savings indicator for Kemin Food Technologies

What are the major Applications, Types and Regions for Carotenoids Market?

Carotenoids Market is segmented based on the type, applications, companies and regions.

By Type, Carotenoids Market has been segmented into 

• Astaxanthin


• Beta-Carotene


• Canthaxanthin


• Lycopene


• Lutein


• Others

The end user’s industry application on Carotenoids Market is, 

• Food


• Feed


• Pharmaceuticals


• Cosmetics


• Others

Regional Analysis:

Europe stood at USD 598.6 million in 2019 and is projected to exhibit a CAGR of 3.20%. The region is the largest market at present and is expected to account for a significant proportion of the market during the forecast period. The existence of a huge animal feed sector and well-established cosmetics industry across the region are the main drivers for the carotenoids market growth. These are also among the most preferred food coloring agents in European markets.

• North America
  
  
  
  
  • US
  
  
  • Canada
  
  
  
  


• Europe
  
  
  
  • Germany
  
  
  • France
  
  
  • UK
  
  
  • Italy
  
  
  • Spain
  
  
  • Rest of Europe
  
  
  
  


• Asia-Pacific
  
  
  
  • China
  
  
  • Japan
  
  
  • India
  
  
  • Australia
  
  
  • South Korea
  
  
  • Rest of Asia-Pacific
  
  
  
  


•       Rest of the World
  
  
  
  • Middle East & Africa
  
  
  • Latin America
  
  
  
  

What is our Carotenoids Market report scope?

Key Takeaways from this Carotenoids Report

• Evaluate Carotenoids market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, end use applications and by different industry verticals.


• Understand the different dynamics influencing the market - key driving factors, challenges and hidden opportunities.


• Get in-depth insights on your competitor performance - market shares, strategies, financial benchmarking, product benchmarking, SWOT and more.


• Analyze the sales and distribution channels across key geographies to improve top-line revenues.


• Understand the industry supply chain with a deep dive on the value augmentation at each step, in order to optimize value and bring efficiencies in your processes.


• Get a quick outlook on the Carotenoids market entropy - M&A's, deals, partnerships, product launches of all key players for the past 4 years.


• Evaluate the supply-demand gaps, import-export statistics and regulatory landscape for more than top 20 countries globally for the market.

Frequently Asked Questions

What is the study period of this market?

The Carotenoids Market is studied from 2022- 2027.

Who are the key players in Carotenoids Market?

BNY Mellon Strategic Municipal Bond Fund, Inc. (NYSE :DSM), BASF, Allied Biotech Corporation (Taipei Exchange :1780.TWO), Chenguang Biotech, FMC, Dohler, Chr. Hansen, Carotech, DDW, Excelvite, Anhui Wisdom, Tian Yin, Kemin and others.

What are the significant types of Carotenoids Market?

Astaxanthin, Beta-Carotene, Canthaxanthin, Lycopene, Lutein, Others

What are the major end-use applications of the Carotenoids Market?

Food, Feed, Pharmaceuticals, Cosmetics, Others.

What segments are covered in the Carotenoids Market report?

The Global Carotenoids Market is Segmented on the basics of Product, Application, and Geography.

How can I get a sample report/company profile for the Carotenoids Market?

The sample report for the Carotenoids Market can be obtained on demand from the website. Also, the 24*7 chat support & direct call services are provided to procure the sample report.

All our reports are customizable to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report to your needs.