Carotenoids Market Regional Growth Drivers, Opportunities and Trends 2021-2027| DSM, BASF, Allied Biotech

The global Carotenoids market was valued at 105.89 Million USD in 2020 and will grow with a CAGR of .61% from 2021 to 2027. Growing prevalence of eye diseases and cancer has led to surge in demand for carotenoids in the food and beverage industry. As the need for prevention from various diseases increases, sales of functional food products continue to remain high. In order to offer healthy food products with biologically active food ingredients has led the manufacturers to witness significant demand for carotenoids globally.

Carotenoids are commercially available in several forms including beta-carotene, lutein, lycopene, astaxanthin, zeaxanthin, annatto, and canthaxanthin. These products find considerable usage in human food, animal feed, dietary supplements, pharmaceuticals, and cosmetics as they offer excellent health benefits, which in turn, will fuel market expansion over the next nine years.

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Top Key Players Included in Carotenoids Industry Report: DSM, BASF, Allied Biotech, Chenguang Biotech, FMC, Dohler, Chr. Hansen, Carotech, DDW, Excelvite, Anhui Wisdom, Tian Yin, and Kemin

The Carotenoids Market Report incorporates data about the maker, like value, income, net benefit, talk with records, and business circulation, in addition to other things. This data assists shoppers with diving more deeply into their rivals. The Report market offers dеер аnаlуsis of market trеnds, driver, rеtrаnt, орроrtuities, etc. Alongside subjective information, this report remembers quantitative investigations of a few portions for terms of a piece of the pie, development, opportunity examination, market esteem, etc for gauge уеаr.

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Carotenoids Industry segment by Type:
Astaxanthin
Beta-Carotene
Canthaxanthin
Lycopene
Lutein

Carotenoids Industry segment by Application:
Food
Feed
Pharmaceuticals
Cosmetics

The continuous COVID-19 scourge is being viewed as a unique occasion that will significantly affect medical problems just as eating and drinking propensities. As individuals attempt to bring down their shot at becoming ill, interest in utilitarian things that assist with building resistance will rise. With regards to such things, it's fundamental that they're both affordable and dependable with regards to wellbeing claims.

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