openPR Logo
Press release

Carotenoid’s Effectiveness in Fighting AMD Boosting Adoption Among Geriatric Population, Finds Fact.MR

12-31-2018 12:08 PM CET | Industry, Real Estate & Construction

Press release from: Fact.MR

Fact.MR

Fact.MR

Carotenoids market is likely to witness significant growth in the coming years, with demand surpassing 5 million kg in 2018. Growing demand from customers for natural and clean products made from natural colors and supplements remains a key growth driver for carotenoids market. The prevailing health and wellness trend is also driving adoption of carotenoids among food and beverage processors.

The use of beta-carotene and lycopene as colorants in F&B sector continues to grow, according to the study. Beta-carotene is widely used in cheese, spreads, yogurts, soups, sauces, and bakery products, whereas lycopene is gaining increasing demand as a colorant in sauces and soups. Consumer awareness on the benefits of carotenoids for eye health, immune function, and cardiovascular health remains a key growth driver.

Although the Fact.MR report is bullish on the prospects of carotenoids market, it opines that the potential applications of carotenoids are yet to be fully explored. This has created significant opportunities for food and beverages companies who are willing to invest and educate customers about various health benefits provided by carotenoids.

Request For Sample Report- https://www.factmr.com/connectus/sample?flag=S&rep_id=1196

Europe to Hold Pole Position in Carotenoids Market

Fact.MR study estimates that Europe will be the most lucrative region for carotenoids market, with the demand exceeding 2 million kg in 2018. Carotenoids have become highly popular among health-conscious consumers in Europe. They also remain one of the most preferred food coloring agents in the region.

The adoption of carotenoid-rich food by consumers is also influenced by positive recommendations by research institutes. International Carotenoid Society, Spanish Carotenoid Network, and Eurocaroten in Europe are working towards improving the knowledge about carotenoids and study of carotenoids as functional food ingredients.

In terms of the dietary source of carotenoids, carrots have emerged as the major source of beta-carotene in various countries in Europe. Within Europe, there is difference in specific intake of some carotenoids depending on the foods consumed in different countries. For instance, peas are the major source of lutein in the UK and Republic of Ireland, while spinach is the source of lutein in other countries.

Browse Full Report on Carotenoids Market with TOC- https://www.factmr.com/report/1196/carotenoids-market

In addition to Europe, carotenoid demand is also growing at a brisk pace in Asia Pacific Excluding Japan (APEJ). India, China, and Vietnam are expected to see robust growth in feed carotenoids due to rise in meat intake and wide acceptance of new methods of farming.

Synthetic Source of Carotenoids to Account for the Higher Market Share
Synthetic source of carotenoids is anticipated to witness substantial growth in the coming years, with demand reaching more than 4 million kg in 2018, according to the Fact.MR study. Synthetic source of carotenoids remains the most popular type owing to low cost vis-à-vis natural source of carotenoids. Most of the commonly used carotenoids including cantaxanthin, astaxanthin, and beta-carotene are largely produced by chemical synthesis.

Commercial production of carotenoids using microorganisms is competing with synthetic manufacturing of carotenoids using chemical procedure. However, chemical synthesis for production of carotenoids generates substantial waste, which is detrimental for the environment. This has resulted into natural and microbial production of carotenoids, with low production cost.

Recent discoveries of health-related benefits of carotenoids is resulting in increasing use of carotenoids as nutraceuticals for pharmaceuticals and cosmetics industry.

The Fact.MR report tracks the carotenoids market for the period 2018-2027. As per the report, the carotenoids market is expected to reach CAGR of 5.1% in terms of volume during 2018-2027.

To Buy Carotenoids Market Report, Check- https://www.factmr.com/checkout/1196/S

Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.

Fact.MR
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Email: sales@factmr.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Carotenoid’s Effectiveness in Fighting AMD Boosting Adoption Among Geriatric Population, Finds Fact.MR here

News-ID: 1464004 • Views: 316

More Releases from Fact.MR

07-02-2020 | Health & Medicine
Fact.MR
Medical Device Contract Manufacturing Market Set for Strong Growth, Production F …
The medical device contract manufacturing market is poised to expand at a CAGR of 11.3% during the forecast period (2020-2026). This is attributed to rapidly evolving healthcare industry and increasing adoption of technologically advanced surgical procedures. A number of original equipment manufacturers (OEMs) and contract manufacturers have been focusing on advanced technologies such as robotics, 3D-printing, and minimally invasive surgeries. Mergers & acquisition activities among leading players have greatly accelerated
06-02-2020 | Health & Medicine
Fact.MR
Fluid Management Market Expected to Grow Amid Covid-19, Finds Fact.MR
Growing prevalence of chronic disease and an expansion in numbers of geriatric population is leading to an upward facing growth curve for global fluid management market over the period of 2020 to 2025, states Fact.MR. It projects a compound annual growth rate or CAGR of about 5.3% for the market over this period, helping the market push its worth up significantly. It is significant to note here that while number of
Hand Sanitizer Market to Surpass US$ 2.8 Bn, Instant Hand Sanitizer Poised to Ho …
The global hand sanitizer market is set to surpass a value of ~US$ 1.4 Bn in 2020 and is anticipated to cross US$ ~2.8 Bn during the forecast period 2020-2030. The demand for gel-based sanitizer is on the rise as compared to foaming or spray sanitizer. Thus, manufacturers are focusing on developing gel-based sanitizers as they are widely used in multiple end-use industries. With the increased penetration of the online
03-20-2020 | Health & Medicine
Fact.MR
Medical Marker Bands Market Grows on the back of Their Radiopacity and Cost-effe …
Radiopacity of medical marker bands is giving significant impetus to their demand in the medical marker bands market. The properties of medical marker bands that increases their visibility under fluoroscopes or x-ray during critical procedures is giving an uptick to their sales worldwide. Manufacturers of medical marker bands are also showing a marked preference for cost-effective materials such as polymer and tantalum instead of traditional gold, platinum and palladium. On

All 5 Releases


More Releases for Carotenoid

Carotenoid Market Key Players, SWOT Analysis, Dynamics, Drivers, Key Indicators …
The global Carotenoid market has been garnering remarkable momentum in the recent years. The steadily escalating demand due to improving purchasing power is projected to bode well for the global market. QY Research’s latest publication, offers an insightful take on the drivers and restraints present in the market. It assesses the historical data pertaining to the global Carotenoid market and compares it to the current market trends to give the
Carotenoid Market  Accounting for US$ 6,902.4 Mn in 2026
The upcoming report by Persistence Market Research (PMR) anticipates the global market for carotenoids to showcase sluggish growth, registering CAGR of 2.7% during 2017-2026. By the end of 2026, the global carotenoids market is also projected to bring in US$ 6,902.4 million revenue. Carotenoids are naturally occurring pigments found in vegetables and fruits and also in certain shellfish. Carotenoids are the major source of antioxidants that help in preventing cancer and heart diseases.
Carotenoid Market Expected to Account US$ 6,902.4 million by 2026
The upcoming report by Persistence Market Research (PMR) anticipates the global market for carotenoids to showcase sluggish growth, registering CAGR of 2.7% during 2017-2026. By the end of 2026, the global carotenoids market is also projected to bring in US$ 6,902.4 million revenue. Carotenoids are naturally occurring pigments found in vegetables and fruits and also in certain shellfish. Carotenoids are the major source of antioxidants that help in preventing cancer and
Carotenoid Market to Record Sturdy Growth by 2021
The major carotenoid types include beta-carotene, astaxanthin, canthaxanthin, and annatto. Beta-carotene dominated the carotenoid market in 2013, followed by astaxanthin. Beta-carotene is used in various types of food and supplements to prevent or cure certain diseases and disorders such as heart diseases, cataracts, elderly muscular degeneration, Alzheimer’s disease, depression, heartburn, epilepsy, infertility, and high blood pressure. There has been a significant increase in the number of synthetic and algae-derived beta-carotenes
Carotenoid Market Estimated to Flourish by 2021
Carotenoids or colorful plant pigments are a major source of antioxidants which are further used in the prevention of cancer and heart diseases. Carotenoids can also be converted into vitamin A by the body and used to enhance its immune response to infections. The carotenoid market is expanding mainly due to increasing demand for food supplements, and food pigments and colors. The rising incidence of life-threatening diseases is also increasing
Future Trends of Global Carotenoid Market by 2021
Carotenoids or colorful plant pigments are a major source of antioxidants which are further used in the prevention of cancer and heart diseases. Carotenoids can also be converted into vitamin A by the body and used to enhance its immune response to infections. The carotenoid market is expanding mainly due to increasing demand for food supplements, and food pigments and colors. The rising incidence of life-threatening diseases is also increasing