Press release
Carotenoids Market 2020 Global Industry Size, Segments, Share and Growth Factor Analysis Research Report 2026
Request a Sample Copy of the Global Carotenoids Market Research Report :
https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/carotenoids-market-100180
An increasing number of health issues and rising demand for natural and healthy food together with supplement consumption is likely to favor growth in the market. Carotenoids, also referred to as tetraterpenoids are organic pigments produced by fungi, bacteria, plants, and algae. Food items such as daffodils, carrots, canaries, corn, egg yolks, buttercups, and others obtain the characteristic color due to carotenoids.
List of prominent companies that are operating in the global Carotenoids Market are:
• Allied Biotech Corporation
• Algatechologies
• BASF SE
• Hansen Holding A/S
• Cyanotech Corporation
• DDW The Color House
• DÖHLER GmbH
• ExcelVite Sdn. Bhd.
• Fuji Chemical Industries Co., Ltd.
• Kemin Industries, Inc.
• Koninklijke DSM N.V.
• LycoRed
• Novus International Inc.
• Sensient Technologies
• Synthite Industries Ltd.
As per the Oregon State University, there are over 600 types of carotenoids. Majority of them are used in the western diet and the most studied among them are alpha-carotene, beta-cryptoxanthin, beta-carotene, lutein, lycopene, and zeaxanthin. Research studies have found that diets which are rich in carotenoids can reduce the risk of cancer, cardiovascular diseases, and other chronic diseases. Considering this, the global carotenoids market growth is expected to spur in the forthcoming years.
“Increasing prevalence of diseases such as eye disorders, diabetes, among others is compelling food producers and manufacturers to incorporate natural ingredients such as carotenoids in their functional foods and dietary supplements,” stated a lead analyst at Fortune Business Insights. “The usage of carotenoids-infused products is increasing as they act as antioxidants and helps the body to fight against such chronic diseases,” he added.
This will eventually fuel the carotenoids market demand in the forecast horizon. Owing to their anti-oxidant properties, carotenes play a crucial role in geriatric nutrition space, thus spurring the carotenoids market share in the aforementioned sector.
Browse Summary of this Report:
https://www.fortunebusinessinsights.com/industry-reports/carotenoids-market-100180
European Manufacturers Consider Carotenoids as one of the Preferred Food Coloring Agents
Among regions, Europe leads the global market owing to the presence of well-established feed sector and cosmetics industry – the key players operating in such sectors are aiding in the expansion of the carotenoids market size. Moreover, these are one of the most preferred food coloring agents among Europeans manufacturers and food processors. The market in Europe grows in the light of increasing demand for animal feed and health supplements. As per the report, the market in this region was worth US$ 579.90 Million in the year 2018.
The market in Asia Pacific is expected to grow steadily in the forecast years. The growth is attributable to rising industrialization, technological developments, and economic growth. Development in education is raising the awareness about carotenoids health benefits among people in Asia Pacific. This, coupled with increasing per capita income especially among the middle-class population, is propelling growth in the market in this region.
Key Segmentation:
By Product Type
• Beta-Carotene
• Lutein
• Astaxanthin
• Zeaxanthin
• Lycopene
• Canthaxanthin
By Application
• Food & Beverages
• Animal Feed
• Pharmaceuticals
• Cosmetics
• Dietary Supplements
By Source
• Natural
• Synthetic
By Geography
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa
Rising Demand for Animal Feed Products to Contribute towards the Market Growth
Carotenoids are used in several applications which include food and beverages, personal care and cosmetics, animal feed, pharmaceuticals, and dietary supplements. Of these, animal feed products extensively use carotenoids for coloring properties in shrimp, poultry, and fish. Carotenoids are externally incorporated in the feed of fish, broiler skin, and egg yolks pigment to boost the overall animal health.
As per the report, animal feed covered a share of 46.07% in 2018 and is expected to lead the market through the forecast years. Carotenoids are used in the food and beverage sector too owing to the rising demand for natural and organic food offerings. The rising usage of carotenoids in food and beverages is likely to stimulate the carotenoids market size. Increasing research and development (R&D) activities for developing natural and organic carotenoids is projected to enable growth in the market.
Players Focussing on Partnerships and Product Innovation to Expand their Presence Worldwide
Some of the leading players in the global carotenoids market are embarking on strategic partnerships, acquisitions, and other global strategies to gain carotenoids market share. New product development or product innovation, being one of the most preferred strategies. BASF launches a new carotenoid product called Lucantin NXT in August 2018. The product aims to offer long shelf-life, better stability, and high homogeneity. Recently, GacLife launches five new health beverages, containing carotenoids which provide powerful antioxidants to protect the health if a human body.
Some of the key players mentioned in the report focus on collaborations to upgrade their product portfolio. For instance, ExcelVite announced the collaboration with USP in April 2019. The company aims to develop a monograph for carotenes and fulfill its commitment to achieving the highest ingredient standards.
Get Discount:
https://www.fortunebusinessinsights.com/enquiry/check-discount/carotenoids-market-100180
Contact Us:
Fortune Business Insights™ Pvt. Ltd.
308, Supreme Headquarters,
Survey No. 36, Baner,
Pune-Bangalore Highway,
Pune - 411045, Maharashtra, India.
Phone:
US :+1 424 253 0390
UK : +44 2071 939123
APAC : +91 744 740 1245
Email: sales@fortunebusinessinsights.com
Website: Fortune Business Insights
Follow us on:
LinkedIn | Twitter | Blogs
About Us:
Fortune Business Insights™ offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them to address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.
Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.
At Fortune Business Insights™ we aim at highlighting the most lucrative growth opportunities for our clients. We, therefore, offer recommendations, making it easier for them to navigate through technological and market-related changes. Our consulting services are designed to help organizations identify hidden opportunities and understand prevailing competitive challenges.
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 Carotenoids Market 2020 Global Industry Size, Segments, Share and Growth Factor Analysis Research Report 2026 here
News-ID: 1890538 • Views: …
More Releases from Fortune Business Insights
Future of Renewable Energy Market Insights: Growth Drivers, and Regional Develop …
Global Renewable Energy Market Overview
The global renewable energy market size was valued at USD 954 billion in 2023. The market is projected to grow from USD 1,020.94 billion in 2024 to USD 1,574.17 billion by 2032, exhibiting a CAGR of 5.56% during the forecast period. Asia Pacific dominated the renewable energy market with a market share of 67.76% in 2023. The Renewable energy market in the U.S. is projected to…
DC Drives Market Overview: Opportunities, Growth Drivers, and Key Applications
Market Overview
The global DC drives market size was valued at USD 4.34 billion in 2018 and is projected to reach USD 9.23 billion by 2032, exhibiting a CAGR of 5.59% during the forecast period of 2019-2032. Asia Pacific dominated the global market with a share of 28.8% in 2018. The DC drives market in the U.S. is projected to grow significantly, reaching an estimated value of USD 1.59 billion by…
Humanoid Robots Market: An In-depth B2B Analysis of Size, Share, and Future Grow …
Brief Market Overview:
The global humanoid robots market is rapidly transitioning from a nascent field into a major growth sector, with its value escalating from USD 2.43 billion in 2023 to a projected USD 66.0 billion by 2032, demonstrating a remarkable CAGR of 45.5%.
These complex machines, which merge mechanical, electrical, and software engineering, are moving beyond research labs into real-world applications across industrial, service, and household sectors. This explosive growth…
Methanol Market Poised for Remarkable Growth, set to Reach USD 46.32 billion by …
The global methanol market size was valued at USD 31.26 billion in 2023. It is projected to grow from USD 32.70 billion in 2024 to USD 46.32 billion by 2032, exhibiting a CAGR of 4.5% during the forecast period.
The global methanol market size is set to gain traction from the urgent need to lower environmental pollution caused by the surging usage of heavy fuels, such as diesel and gasoline. Pollution…
More Releases for Carotenoids
Natural And Synthetic Carotenoids Market Size Analysis by Application, Type, and …
USA, New Jersey- According to Market Research Intellect, the global Natural And Synthetic Carotenoids market in the Internet, Communication and Technology category is projected to witness significant growth from 2025 to 2032. Market dynamics, technological advancements, and evolving consumer demand are expected to drive expansion during this period.
The natural and synthetic carotenoids market is experiencing significant growth, driven by increasing consumer demand for products that promote health and wellness. Carotenoids,…
Carotenoids Global Market Report 2024 - Carotenoids Market Size, Growth And Shar …
"The Business Research Company recently released a comprehensive report on the Global Carotenoids Market Size and Trends Analysis with Forecast 2024-2033. This latest market research report offers a wealth of valuable insights and data, including global market size, regional shares, and competitor market share. Additionally, it covers current trends, future opportunities, and essential data for success in the industry.
According to The Business Research Company's, The carotenoids market size has…
Carotenoids Market Size 2024 to 2031.
Market Overview and Report Coverage
Carotenoids are organic pigments that are naturally found in plants, algae, and some bacteria. They are responsible for the vibrant red, orange, and yellow colors in fruits, vegetables, and flowers. Carotenoids have antioxidant properties and are well-known for their health benefits, including supporting eye health, boosting immune function, and reducing the risk of chronic diseases.
The Carotenoids Market is experiencing steady growth and is expected…
Carotenoids Market Future Plans, Competitive Landscape
In the kaleidoscopic realm of global markets, the Carotenoids Market emerges as a vibrant force, boasting a valuation of USD 4.7 Billion in 2023. This kaleidoscope is set to further evolve, with an anticipated CAGR of 4.5% from 2024 to 2030, propelling the total revenue to a dazzling USD 6.4 Billion by 2030.
Know More About The Report:
https://www.maximizemarketresearch.com/market-report/global-carotenoids-market/21363/
A Palette of Nature: Nurturing Health Through Carotenoids
The Carotenoids market is a living canvas,…
Use of Carotenoids as Natural Coloring Agent in the F & B Industry to Boost Caro …
The use of carotenoids in food, feed, pharmaceutical and cosmetic industries has opened an array of opportunities for the growth of the market.
Carotenoids continue to witness significant demand on account of its use as natural coloring agents in the food and beverage industry. Owing to growing awareness regarding sustainability and health concerns, demand for natural and organic food has increased. Sustainability with regards to food safety and quality has…
Carotenoids Market Worth $2.09 Billion by 2025 - Natural carotenoids to grow at …
A new report published by Allied Market Research, titled, Carotenoids Market by Product (Astaxanthin, Capsanthin, Lutein, Beta-carotene, Lycopene, and Others), Source (Natural and Synthetic), and Application (Animal Feed, Human Food, Dietary Supplement, and Others): Global Opportunity Analysis and Industry Forecast, 2018-2025 offers a comprehensive analysis of the market size and forecast, competitive landscape, drivers & challenges along with their impact analysis, top investment pockets, and key strategic moves, and developments…
