Carotenoids Market Size, Share, Demand, Growth, Trends, and Forecast Report 2022-2027 | Allied Biotech Corporation, BASF SE, Chr. Hansen Holding A/S, Cyanotech Corporation, DDW The Color House and More

According to the latest report by IMARC Group, titled "Carotenoids Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027," offers a comprehensive analysis of the industry, which comprises insights on the carotenoids market share. The report also includes competitor and regional analysis, and contemporary advancements in the global market.

Year considered to estimate the market size:

• Base year of the analysis: 2021
• Historical period: 2016-2021
• Forecast period: 2022-2027

The global carotenoids market size reached US$ 1.6 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 2.0 Billion by 2027, exhibiting a growth rate (CAGR) of 3.66% during 2022-2027.

Note: We are updating our reports, If you want the latest primary and secondary data (2023-2028) with Cost Module, Business Strategy, Competitive landscape, etc. Click request free sample report, the report will be delivered to you via email within 24 to 48 hours.

Download a free sample report to get a detailed overview of the market: https://www.imarcgroup.com/carotenoids-market/requestsample

Market Outlook: 

Carotenoids are a cluster of several organic pigments that produce bright yellow, red, and orange hues in fruit and vegetables. They belong to a class of phytonutrients, which is vital for plant health. It is also a rich source of antioxidants and vitamin A. Some of the natural sources of carotenoids include papaya, pumpkin, pineapple, carrot, apricot, orange, and corn. The most commonly used carotenoids include beta-cryptoxanthin, zeaxanthin, alpha and beta carotene, and lutein.

Market Demand for Carotenoids

The global carotenoids market is primarily driven by the increasing use of carotenoids in the manufacturing of several dietary and pharmaceutical products. Apart from this, the rising prevalence of cancer and ophthalmic disorders and the increasing geriatric population are contributing to the market growth. Other factors, such as the shifting consumer preference toward preventive healthcare products, increasing health consciousness among the consumers, and the growing consumer demand for natural coloring, are creating a positive outlook for the market.

You can buy this report directly (Exclusive offer on this report): https://www.imarcgroup.com/checkout?id=2271&method=1

Competitive Analysis and Segmentation:

Competitive Landscape with Key Players:

The competitive landscape of the global carotenoids market has been studied in the report with the detailed profiles of the key players operating in the market.

Some of these key players include:

• Allied Biotech Corporation
• BASF SE
• Hansen Holding A/S
• Cyanotech Corporation
• DDW The Color House
• Deinove SAS
• Divi's Laboratories Limited
• Döhler Group
• Excelvite Sdn. Bhd.
• Kemin Industries
• Lycored Limited
• Naturex SA (Givaudan SA)
• Vidya Europe SAS
• Zhejiang NHU Co. Ltd.

Key Market Segmentation:

The report has segmented the global carotenoids market on the basis of product type, source, formulation, application and region.

Based on Product Type:

• Beta-Carotene
• Astaxanthin
• Lutein
• Lycopene
• Zeaxanthin
• Canthaxanthin
• Others

Based on Source:

• Synthetic
• Natural

Based on Formulation:

• Oil Suspension
• Powder
• Emulsion
• Others

Based on Application:

• Animal Feed
• Dietary Supplements
• Food and Beverages
• Cosmetics
• Others

Geographical Analysis:

• North America: (United States, Canada)
• Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
• Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
• Latin America: (Brazil, Mexico, Others)
• Middle East and Africa

Explore Full Report Description At: https://www.imarcgroup.com/carotenoids-market

Key Highlights of the Report:

• Market Performance (2016-2021)
• Market Outlook (2022-2027)
• Market Trends
• Market Drivers and Success Factors
• Impact of COVID-19
• Value Chain Analysis
• Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

Browse More Reports: 

Hyaluronic Acid Raw Material Market Report: https://www.imarcgroup.com/hyaluronic-acid-raw-material-market

Reservoir Analysis Market: https://www.imarcgroup.com/reservoir-analysis-market

Japan Lobster Market Report: https://www.imarcgroup.com/japan-lobster-market

Asia Pacific Aquafeed Market Report: https://www.imarcgroup.com/asia-pacific-aquafeed-market

Saudi Arabia Aquaculture Market Report 2023-2028: https://www.imarcgroup.com/saudi-arabia-aquaculture-market

Contact US:

IMARC Group
30 N Gould St, Ste R
Sheridan, WY 82801, USA
Email: sales@imarcgroup.com
Americas: +1-631-791-1145 | Europe & Africa: +44-753-713-2163 | Asia: +91-120-433-0800

About Us                                    

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.

This release was published on openPR.