Carotenoids Market Size is Anticipated to Reach USD 2.21 Billion by 2031 at 3.6% CAGR | BASF SE, Divi's Nutraceuticals, ExcelVite

insightSLICE, a industry research firm published latest report on the "Carotenoids Industry by size, by share, by trends, by application and forecast to 2031" providing a better understanding of the overall domain analytics and measures. Trending technology, drivers, regional shares, statistics, projections, manufacturers, and equipment vendors are all included in the report.

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The global carotenoids market size was estimated to be US$ 1.51 billion in 2020 and is expected to reach US$ 2.21 billion by 2031 at a CAGR of 3.6%. The significant developing component towards carotenoids market is the presence of advanced techniques for the extraction of carotenoids. Moreover, the raise in the utilization of regular carotenoids as food colorants alongside expansion in utilization of food things across globe are additionally expected to elevate the general demand for carotenoids market during the forecast time of 2021 to 2031.

The report estimates the overall global Carotenoids industry size, share, trends by analyzing historical data and prospects from 2021 to 2031. The research provides an understanding of domain performance across historic years, present year, and future projections. The study provides a picture of the domains foundation and framework. The assessment of segments' shares and growth helps understand the domains position.

The Report Considers The Following Important Parameters:

- Global Carotenoids industry sizing (value & volume) by key business segments and potential and emerging countries/geographies
- Prevalent trends
- Consumers' preferences, vendor, and supplier landscape
- Projected growth opportunities
- Industry challenges and constraints
- Geographic distribution
- Other developments

Competitive Analysis:

According to the review duration, the key companies operating in the global Carotenoids industry are actively expanding boundaries and portfolios. The document provides the latest updated list of several business strategies, including mergers, acquisitions, partnerships, product launches, production unit expansions, and collaborations adopted by these major global players.

Following companies are key players in the Carotenoids industry: Kemin Industries, Inc., BASF SE, Divi's Nutraceuticals, ExcelVite, DEINOVE SA, Döhler, DSM, Chr. Hansen Holding A/S, DDW The Color House, Lycored, Cyanotech Corporation, VIDYA HERBS, Allied Biotech Corporation, Brenntag North America, Inc., Vinayak Ingredients India Pvt Ltd., NOVUS INTERNATIONAL, Valensa International, Sensient Colors LLC, Farbest Brands, Fuji Chemical Industry Co Ltd., and others.

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The industry's positive and restrictive factors for global and regional growth are also highlighted in the report. It then describes the opportunities & challenges and drivers & restraints that have a major impact on the growth rate of the global Carotenoids industry. The report includes a detailed analysis of the domain, as well as enabling technologies, current trends, and obstacles, as well as a self-governing perspective, deployment models, operator-specific situations, and supply chain.

The research contains information on product cost, revenue, capability, manufacture, supply, demand, domain development rate, and outlook, among other things. This research report focuses on domainvolume and value at the regional level and company trends from a global perspective. A better perspective and understanding of the global Carotenoids industry is given to the target audience. The newly added report is a complete guide to understanding various factors that play a crucial role in growth progression.

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Segmentation Overview:

Based on type

Astaxanthin
Beta-carotene
Lutein
Zeaxanthin
Lycopene
Canthaxanthin
Others

Based on source

Synthetic
Natural
Other

Based on application

Animal Feed
Food & Beverages
Dietary Supplements
Personal Care & Cosmetics
Pharmaceuticals
Others

Regional industry analysis can be represented as follows:

North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and the Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and the rest of South America)
The Middle East and Africa (Saudi Arabia, United Arab Emirates, Egypt, South Africa, and the Rest of the Middle East and Africa)

From a geographic segmentation perspective, the report focuses on the regions that have a significant effect on the overall domain value. A clear understanding of the domain growth rate and status over the forecast period from 2021 to 2031 is provided in the report.

Reasons To Purchase This Report:

• Quick and timely customer support for domestic as well as international clients
• Expert and experienced research analysts in terms of marketing research approaches
• We use the most recent and authentic marketing research tools and techniques to assess the statistical numbers
• Current and way forward for global Carotenoids industry outlook within the developed and emerging domains
• Regions/Countries that are expected to witness the fastest growth rates during the forecast period
• The latest developments, industry shares, and techniques that are employed by the most important industry players

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