Carotenoids Market: Global Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2015 to 2020 and Forecast 2021 to 2027

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Global Carotenoids Market By Source (Natural, Synthetic), By Technology (Manually Operated Inhalers, Digitally Operated Inhalers), By Type (Beta-carotene, Astaxanthin, Canthaxanthin, Zeaxanthin, Lutein, Lycopene, Annatto, Others), By Applications (Food & Beverages, Animal Feed, Pharmaceuticals, Cosmetics, Dietary Supplements), and Geography

 

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Report

Description

The global Carotenoids market size was estimated at USD 1.3 Bn in 2021, growing at a CAGR of 4.8% during the forecast period 2021-2027. Carotenoids are the organic pigments, which are also called as the tetraterpenoids. Carotenoids belong to the class of phytonutrients. They are generally produced by the plants and algae, various bacteria and fungi and in some species of animals such as aphids and spider mites. The carotenoids are responsible for the red, yellow and orange hues in various fruits and vegetables. Carotenoids have the anti-inflammatory properties which help in the improvement of the immune system and also has the capability of preventing cardiovascular diseases. Carotenoids also have the cancer-fighting properties. Carotenoids act as the antioxidants and present in various fruits and vegetables such as mangoes, oranges, papaya, spinach, tomatoes, bell peppers and many others. The Carotenoids market report covers exhaustive regional information, that includes North America (the USA and Canada), Europe (Germany, France, Italy, UK, Spain, Russia, Poland and Rest of Europe), Asia-Pacific (Japan, China, India, Australia & New Zealand, ASEAN (Includes Indonesia, Thailand, Vietnam, Philippines, Malaysia, and Others), South Korea, and Rest of Asia-Pacific), Latin America (Brazil, Mexico, Argentian, Venezula, and Rest of Latin America), and Middle East and Africa (Gulf Cooperation Council (GCC) Countries, Israel, South Africa, and Rest of Middle East and Africa).


Carotenoids Market

MARKET SUMMARY
-
4.8% CAGR
  • Study Period– 2021 – 2027
  • Base Year– 2020
  • CAGR– 4.8%
  • Largest Market– North America
  • Fastest Growing Market– Asia Pacific

Carotenoids Market

  • In February 2018, KnipBio has developed SCP strain to produce astaxanthin for aqua feed.
  • The report on global Carotenoids Market gives historical, current, and future market sizes (US$ Bn) on the basis of source, type, application and Geography
  • Global Carotenoids Market gives comprehensive outlook across the region with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America and Middle East and Africa.
Market Key Players
  • D. Williamson (U.S)
  • DSM Nutritional Products (Netherlands)
  • Allied Biotech (Taiwan)
  • Naturex SA (France)
  • Kemin Industries (U.S)
  • Brenntag (Germany)
  • ExcelVite Sdn. Bhd (Malaysia)
  • Cyanotech Corp (U.S)
Drivers And Restraints

Carotenoids Market

Increase in the prevalence of chronic conditions such as eye disorders, cancer and diabetes are the key factors anticipating the drive the growth of the carotenoids market. The growing health disorders such as nutrition deficiency and obesity and increasing health concerns are likely to drive the growth of the carotenoids market. The antioxidant property of the carotenoids is helpful in both the pharmaceutical industry as well as the cosmetic industry which is boosting the growth of the market. The higher cost involved in the production and the low yield of the carotenoid is likely to hamper the growth of the carotenoids market.


North-America got significant share

Carotenoids Market

Geographically, global carotenoids market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. North Americacarotenoids market is dominant when compared with other regional markets. The changing lifestyles is majorly influencing the growth of the market. The growing health consciousness and owing to its use in the cosmetic industry, the carotenoids are gaining popularity in this region. Following North America are the regions of Europe and Asia Pacific. The Asia Pacific region is expected to grow at significant rate over the forecast period due its technological advancements and the economic growth. The presence of major players in this region is also adding fuel to the growth of the carotenoids market in the region.

Latin America
Latin-America
North-America
North-America
Europe
Europe
Asia Pacific
Asia-Pacific
Middle East
Middle East

Key

Key Features of the Report

  • The report provides granular level information about the market size, regional market share, historic market  and forecast.
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments and startup’s details that are actively working in the market
  • The report provides a plethora of information about market entry strategies, regulatory framework and reimbursement scenario
  • The report analyses the impact of the socio-political environment through PESTLE Analysis and competition through Porter’s Five Force Analysis in addition to recent technology advancements and innovations in the market
Segmentation

Carotenoids Market


Location

GEOGRAPHY


Report

Table Of Content

Table of Content

  1. Executive Summary
  2. Global Carotenoids Market Introduction
    • Global Carotenoids Market – Taxonomy
    • Global Carotenoids Market –Definitions
      • Source
      • Type
      • Application
  1. Global Carotenoids Market Dynamics
    • Drivers
    • Restraints
    • Opportunities/Unmet Needs of the Market
    • Trends
    • Global Carotenoids Market Dynamic Factors – Impact Analysis
    • Global Carotenoids Market – Competition Landscape
    • Epidemiology
  2. Global Carotenoids Market Analysis,2015 – 2019 and Forecast, 2020 – 2026
    • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
    • Year-over-Year (Y-o-Y) Growth Analysis (%)
    • Market OpportunityAnalysis
  3. Global Carotenoids Market, By Source, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
    • Natural
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Synthetic
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
  1. Global Carotenoids Market Forecast, By Type, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
    • Beta-carotene
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Astaxanthin
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Canthaxanthin
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Zeaxanthin
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Lutein
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Lycopene
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Annatto
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Others
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
  1. Global Carotenoids Market Forecast, By Application, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
    • Food & Beverages
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Animal Feed
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Pharmaceuticals
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Cosmetics
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Dietary Supplements
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
  1. Global Carotenoids Market Forecast, By Region, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
    • North America
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Europe
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Asia-Pacific
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Latin America
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Middle East and Africa
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Global Carotenoids Market – Opportunity Analysis Index, By Source, By Type, By Application, and Region, 2020 – 2026
  2. North America Carotenoids MarketAnalysis,2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
    • Source Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%)
      • Natural
      • Synthetic
    • Type Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Beta-carotene
      • Astaxanthin
      • Canthaxanthin
      • Zeaxanthin
      • Lutein
      • Lycopene
      • Annatto
      • Others
    • Application Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Food & Beverages
      • Animal Feed
      • Pharmaceuticals
      • Cosmetics
      • Dietary Supplements
    • Country Analysis 2016 and Forecast 2020 – 2026 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • US
      • Canada
    • North America Carotenoids Market – Opportunity Analysis Index, By Source, By Type, By Application, and Country, 2020 – 2026
    • North America Carotenoids Market Dynamics – Trends
  3. Europe Carotenoids Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
    • Source Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%)
      • Natural
      • Synthetic
    • Type Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Beta-carotene
      • Astaxanthin
      • Canthaxanthin
      • Zeaxanthin
      • Lutein
      • Lycopene
      • Annatto
      • Others
    • Application Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Food & Beverages
      • Animal Feed
      • Pharmaceuticals
      • Cosmetics
      • Dietary Supplements
    • Country Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • Germany
      • UK
      • France
      • Spain
      • Italy
      • Russia
      • Poland
      • Rest of Europe
    • Europe Carotenoids Market – Opportunity Analysis Index, By Source, By Type, By Application, and Country, 2020 – 2026
    • Europe Carotenoids Market Dynamics – Trends
  4. Asia-Pacific Carotenoids Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
    • Source Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%)
      • Natural
      • Synthetic
    • Type Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Beta-carotene
      • Astaxanthin
      • Canthaxanthin
      • Zeaxanthin
      • Lutein
      • Lycopene
      • Annatto
      • Others
    • Application Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Food & Beverages
      • Animal Feed
      • Pharmaceuticals
      • Cosmetics
      • Dietary Supplements
    • Country Analysis2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • Japan
      • China
      • India
      • ASEAN
      • Australia & New Zealand
      • Rest of Asia-Pacific
    • Asia-Pacific Carotenoids Market – Opportunity Analysis Index, By Source, By Type, By Application, and Country, 2020 – 2026
    • Asia-Pacific Carotenoids Market Dynamics – Trends
  5. Latin America Carotenoids Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
    • Source Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%)
      • Natural
      • Synthetic
    • Type Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Beta-carotene
      • Astaxanthin
      • Canthaxanthin
      • Zeaxanthin
      • Lutein
      • Lycopene
      • Annatto
      • Others
    • Application Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Food & Beverages
      • Animal Feed
      • Pharmaceuticals
      • Cosmetics
      • Dietary Supplements
    • Country Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • Brazil
      • Mexico
      • Argentina
      • Venezuela
      • Rest of Latin America
    • Latin America Carotenoids Market – Opportunity Analysis Index, By Source, By Type, By Application, and Country, 2020 – 2026
    • Latin America Carotenoids Market Dynamics – Trends
  6. Middle East and Africa Carotenoids Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
    • Source Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%)
      • Natural
      • Synthetic
    • Type Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Beta-carotene
      • Astaxanthin
      • Canthaxanthin
      • Zeaxanthin
      • Lutein
      • Lycopene
      • Annatto
      • Others
    • Application Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Food & Beverages
      • Animal Feed
      • Pharmaceuticals
      • Cosmetics
      • Dietary Supplements
    • Country Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • Gulf Cooperation Council (GCC) Countries
      • Israel
      • South Africa
      • Rest of MEA
    • MEA Carotenoids Market – Opportunity Analysis Index, By Source, By Type, By Application, and Country, 2020 – 2026
    • MEA Carotenoids Market Dynamics – Trends
  7. Competition Landscape
    • Strategic Dashboard of Top Market Players
    • Company Profiles (Introduction, Financial Analysis, Source& Service Offerings, Key Developments, Strategies, and SWOT Analysis)
      • Williamson (U.S)
      • DSM Nutritional Products (Netherlands)
      • Allied Biotech (Taiwan)
      • Naturex SA (France)
      • Kemin Industries (U.S)
      • Brenntag (Germany)
      • ExcelVite Sdn. Bhd (Malaysia)
      • Cyanotech Corp (U.S)
  1. Research Methodology
  2. Key Assumptions and Acronyms

 

  1. Disclaimer
  2. The above mentioned segmentation is tentative; it is changed according to client’s requirement, or research feasibility.

Report

Company Profile

  • D. Williamson (U.S)
  • DSM Nutritional Products (Netherlands)
  • Allied Biotech (Taiwan)
  • Naturex SA (France)
  • Kemin Industries (U.S)
  • Brenntag (Germany)
  • ExcelVite Sdn. Bhd (Malaysia)
  • Cyanotech Corp (U.S)

Description

The global Carotenoids market size was estimated at USD 1.3 Bn in 2021, growing at a CAGR of 4.8% during the forecast period 2021-2027. Carotenoids are the organic pigments, which are also called as the tetraterpenoids. Carotenoids belong to the class of phytonutrients. They are generally produced by the plants and algae, various bacteria and fungi and in some species of animals such as aphids and spider mites. The carotenoids are responsible for the red, yellow and orange hues in various fruits and vegetables. Carotenoids have the anti-inflammatory properties which help in the improvement of the immune system and also has the capability of preventing cardiovascular diseases. Carotenoids also have the cancer-fighting properties. Carotenoids act as the antioxidants and present in various fruits and vegetables such as mangoes, oranges, papaya, spinach, tomatoes, bell peppers and many others. The Carotenoids market report covers exhaustive regional information, that includes North America (the USA and Canada), Europe (Germany, France, Italy, UK, Spain, Russia, Poland and Rest of Europe), Asia-Pacific (Japan, China, India, Australia & New Zealand, ASEAN (Includes Indonesia, Thailand, Vietnam, Philippines, Malaysia, and Others), South Korea, and Rest of Asia-Pacific), Latin America (Brazil, Mexico, Argentian, Venezula, and Rest of Latin America), and Middle East and Africa (Gulf Cooperation Council (GCC) Countries, Israel, South Africa, and Rest of Middle East and Africa).

ASIA PACIFIC OFFICE

Precision Business Insights, 5th Floor, Mohan’s Elite, Opp : Bharat Petroleum Pump, Khanamet Road, Hitech City, Hyderabad – 500084

EUROPE OFFICE

Precision Business Insights, Kemp House, 152 – 160 City Road, London EC1V 2NX