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Carotenoids Market : Latest Research Reveals Key Trends for Business Growth| Chr. Hansen Holding A/S, Koninklijke DSM N.V., Döhler GmbH, Allied Biotech Corp., Lycored Corp., BASF SE, Kemin Industries Inc., Cyanotech Corp., Divis Laboratories Ltd

03-23-2023 09:14 AM CET | Industry, Real Estate & Construction

Press release from: The Market Insights

Carotenoids Market

Carotenoids Market

Global Carotenoids Market Analysis and Forecast 2019-2028

Market Introduction

Carotenoids are a family of over 600 natural lipid-soluble pigments that are only produced by phytoplankton, algae, plants, and a limited number of fungi and bacteria. The carotenoids are responsible for the wide variety of colors they provide in nature, most noticeably in the vivid yellow and red colors of fruits, vegetables, and leaves. Carotenoids are widely used in nutraceuticals and the food & beverage industry and are generally consumed in supplement form or added to food products as the human body cannot synthesize them. Carotenoids such as zeaxanthin and lutein prevent diseases related to the eyes, and they also absorb the blue light that passes into the eyes and damages the most. The intake of carotenoids blocks or reduces the production of the Reactive Oxygen Species (ROS), prevents the deterioration of lipids, DNA, and cells, and prevents carcinogenesis incidence. The increase in awareness about the beneficial health properties of carotenoids, along with their need for normal biological activities, are the major factors contributing to the increasing demand for carotenoids across the globe
However, there are some factors which are likely to hamper the market growth. The high processing and extraction costs and the strict regulatory approvals of carotenoids are a few factors which are anticipated to hamper the growth of the carotenoids market over the upcoming years. Moreover, specific attributes, including low water solubility, the oxygen and heat-sensitive nature of the carotenoids, and the large particle size, are a few factors that limit the applications in pharmaceuticals.

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Market Segmentation

The global carotenoids market has been analyzed on the basis of source, type, end use, and region. On the basis of source the market is divided into Natural and Synthetic. Based on Type, the market is segmented into Carotene, Beta-Cryptoxanthin, Lutein, Lycopene, Astaxanthin, Zeaxanthin, and Others (Canthaxanthin etc.). Carotene is further divided into Alpha-Carotene and Beta-Carotene. On the basis of End Use, the market is categorized into Food & Beverage, Cosmetics & Personal Care, Nutraceuticals, Animal Feed & Nutrition, and Others (Pharmaceuticals etc.). Food & Beverages are expected to witness significant growth during the forecast period. Geographically the market is segmented into North America, Latin America, Western Europe, Eastern Europe, Asia Pacific, and Middle East & Africa. Europe is expected to gain a significant growth during the forecast period.

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Market Structure and Competition Landscape
The global carotenoids market is fragmented, and the key producers of carotenoids are making more investments in R&D to launch ingredient-based innovative products. Key players operating in the global carotenoids market are
Chr. Hansen Holding A/S,
Koninklijke DSM N.V.,
Döhler GmbH,
Allied Biotech Corp.,
Lycored Corp.,
BASF SE,
Kemin Industries Inc.,
Cyanotech Corp.,
Divis Laboratories Ltd.,
FMC Corp.,
Novus International Inc.,
and Sensient Colors LLC
among others. The key manufacturers are focusing on new launches as well as acquisition strategies to increase their product portfolio. For instance,
In September 2021, Divis Laboratories launched CaroNat, a food ingredient naturally intended for the dark yellow to orange coloration for several food and beverage products, including dairy products.
In March 2019, Kemin Animal Nutrition and Health announced the addition of Organic KEM GLO to its comprehensive line of carotenoids, commonly known as pigments. Organic KEM GLO is a USDA-certified organic additive that helps organic egg producers intensify the color of egg yolks.
In April 2019, Dohler SA acquired most of the shares of ZUCASA; this acquisition supported the company in increasing its carotenoids-based product portfolio.

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Table of Content
Chapter One: Market Introduction
1.1. Scope of Study
1.2. Problem Statement
1.3. Market Segmentation
Chapter Two: Assumptions and Acronyms
Chapter Three: Executive Summary
3.1. Global Market in2022
3.2. Analyst Insights & Recommendations
3.3. Growth Opportunities and Key Strategies
3.4. Supply-side and Demand-side Trends
Chapter Four: Research Methodology
Chapter Five: Analysis of COVID-19 Impact and Road Ahead
5.1. Impact on Growth Strategies
5.2. Impact on Operations and Supply Chain
5.3. Impact on the Investments in the F&B, Nutraceuticals, and Feed Industry
5.4. Impact on Product Launches
Chapter Six: Market Indicators and Background
6.1. Macro-Economic Factors
6.2. Forecasting Factors
Robust assessment of various factors including industrial performance, industry players expenditures, economic conditions, among others
6.3. Supply Chain & Value Chain Analysis
6.4. Industry SWOT Analysis
6.5. PESTLE Analysis
6.6. Porter s Five Forces Analysis
Chapter Seven: Rules& Regulations
Chapter Eight: Global and Regional Market Dynamics
8.1. Drivers
8.2. Restraints
8.3. Trends
8.4. Opportunities
Chapter Nine: Global Carotenoids Market: Key Investment Analysis
9.1. By Leading Carotenoids Manufacturers
9.2. By Region
9.3. M&A Activities
Robust assessment of major investments made by various industry players along with key application areas, technological assessment, and key end-use sector
Chapter Ten: Pricing Analysis
10.1. By Source
10.1.1. Natural
10.1.2. Synthetic
10.2. By Type
10.2.1. Carotene
10.2.1.1. Alpha-Carotene
10.2.1.2. Beta-Carotene
10.2.2. Beta-Cryptoxanthin
10.2.3. Lutein
10.2.4. Lycopene
10.2.5. Astaxanthin
10.2.6. Zeaxanthin
10.2.7. Others (Canthaxanthin etc. )
10.3. By Region
10.3.1. North America
10.3.2. Latin America
10.3.3. Western Europe
10.3.4. Eastern Europe
10.3.5. Asia Pacific
10.3.6. Middle East & Africa
Chapter Eleven: Parent Market Overview: Global Food & Beverages Market
Chapter Twelve: Segmental Analysis
12.1. Global Carotenoids Market by Source
12.1.1. Segment Overview
12.1.1.1. Natural
12.1.1.2. Synthetic
12.2. Global Carotenoids Market by Type
12.2.1. Segment Overview
12.2.1.1. Carotene
12.2.1.1.1. Alpha-Carotene
12.2.1.1.2. Beta-Carotene
12.2.1.2. Beta-Cryptoxanthin
12.2.1.3. Lutein
12.2.1.4. Lycopene
12.2.1.5. Astaxanthin
12.2.1.6. Zeaxanthin
12.2.1.7. Others (Canthaxanthin etc. )
12.3. Global Carotenoids Market by End Use
12.3.1. Segment Overview
12.3.1.1. Food & Beverage
12.3.1.2. Cosmetics & Personal Care
12.3.1.3. Nutraceuticals
12.3.1.4. Animal Feed & Nutrition
12.3.1.5. Others (Pharmaceuticals etc. )
12.4. Global Carotenoids Market by Region
12.4.1. North America
12.4.2. Latin America
12.4.3. Western Europe
12.4.4. Eastern Europe
12.4.5. Asia Pacific
12.4.6. Middle East & Africa
Chapter Thirteen: Regional Analysis
13.1. North America Carotenoids Market Analysis and Forecast2019-2028
13.1.1. Regional Market Overview and Key Takeaways
13.1.2. North America Carotenoids Market by Source
13.1.3. North America Carotenoids Market by Type
13.1.4. North America Carotenoids Market by End Use
13.1.5. North America Carotenoids Market by Country
13.1.5.1. US
13.1.5.2. Canada
13.2. Latin America Carotenoids Market Analysis and Forecast2019-2028
13.2.1. Regional Market Overview and Key Takeaways
13.2.2. Latin America Carotenoids Market by Source
13.2.3. Latin America Carotenoids Market by Type
13.2.4. Latin America Carotenoids Market by End Use
13.2.5. Latin America Carotenoids Market by Country
13.2.5.1. Brazil
13.2.5.2. Mexico
13.2.5.3. Rest of Latin America
13.3. Western Europe Carotenoids Market Analysis and Forecast2019-2028
13.3.1. Regional Market Overview and Key Takeaways
13.3.2. Western Europe Carotenoids Market by Source
13.3.3. Western Europe Carotenoids Market by Type
13.3.4. Western Europe Carotenoids Market by End Use
13.3.5. Western Europe Carotenoids Market by Country
13.3.5.1. Germany
13.3.5.2. UK
13.3.5.3. France
13.3.5.4. Spain
13.3.5.5. Italy
13.3.5.6. Benelux
13.3.5.7. Nordic
13.3.5.8. Rest of Western Europe
13.4. Eastern Europe Carotenoids Market Analysis and Forecast2019-2028
13.4.1. Regional Market Overview and Key Takeaways
13.4.2. Eastern Europe Carotenoids Market by Source
13.4.3. Eastern Europe Carotenoids Market by Type
13.4.4. Eastern Europe Carotenoids Market by End Use
13.4.5. Eastern Europe Carotenoids Market by Country
13.4.5.1. Russia
13.4.5.2. Poland
13.4.5.3. Rest of Eastern Europe
13.5. Asia Pacific Carotenoids Market Analysis and Forecast2019-2028
13.5.1. Regional Market Overview and Key Takeaways
13.5.2. Asia Pacific Carotenoids Market by Source
13.5.3. Asia Pacific Carotenoids Market by Type
13.5.4. Asia Pacific Carotenoids Market by End Use
13.5.5. Asia Pacific Carotenoids Market by Country
13.5.5.1. China
13.5.5.2. Japan
13.5.5.3. India
13.5.5.4. South Korea
13.5.5.5. Australia
13.5.5.6. ASEAN
13.5.5.7. Rest of Asia-Pacific
13.6. Middle East & Africa Carotenoids Market Analysis and Forecast2019-2028
13.6.1. Regional Market Overview and Key Takeaways
13.6.2. Middle East & Africa Carotenoids Market by Source
13.6.3. Middle East & Africa Carotenoids Market by Type
13.6.4. Middle East & Africa Carotenoids Market by End Use
13.6.5. Middle East & Africa Carotenoids Market by Country
13.6.5.1. GCC
13.6.5.2. South Africa
13.6.5.3. Turkey
13.6.5.4. Rest of the Middle East & Africa
Chapter Fourteen: Competitive Landscape
14.1. Competition Dashboard
14.1.1. Global and Regional Market Share Analysis
14.1.2. Market Structure
14.2. Competitive Benchmarking
14.3. Key Strategy Analysis
14.4. Company Profiles
14.4.1. Chr. Hansen Holding A/S
14.4.1.1. Company Overview
14.4.1.2. Product/Service Offerings
14.4.1.3. Key Financials
14.4.1.4. Recent Developments
14.4.2. Koninklijke DSM N. V.
14.4.2.1. Company Overview
14.4.2.2. Product/Service Offerings
14.4.2.3. Key Financials
14.4.2.4. Recent Developments
14.4.3. Döhler GmbH
14.4.3.1. Company Overview
14.4.3.2. Product/Service Offerings
14.4.3.3. Key Financials
14.4.3.4. Recent Developments
14.4.4. Allied Biotech Corp.
14.4.4.1. Company Overview
14.4.4.2. Product/Service Offerings
14.4.4.3. Financials
14.4.4.4. Recent Developments
14.4.5. Lycored Corp.
14.4.5.1. Company Overview
14.4.5.2. Product/Service Offerings
14.4.5.3. Financials
14.4.5.4. Recent Developments
14.4.6. BASF SE
14.4.6.1. Company Overview
14.4.6.2. Product/Service Offerings
14.4.6.3. Financials
14.4.6.4. Recent Developments
14.4.7. Kemin Industries Inc.
14.4.7.1. Company Overview
14.4.7.2. Product/Service Offerings
14.4.7.3. Financials
14.4.7.4. Recent Developments
14.4.8. Cyanotech Corp.
14.4.8.1. Company Overview
14.4.8.2. Product/Service Offerings
14.4.8.3. Financials
14.4.8.4. Recent Developments
14.4.9. Divis Laboratories Ltd.
14.4.9.1. Company Overview
14.4.9.2. Product/Service Offerings
14.4.9.3. Financials
14.4.9.4. Recent Developments
14.4.10. FMC Corp.
14.4.10.1. Company Overview
14.4.10.2. Product/Service Offerings
14.4.10.3. Financials
14.4.10.4. Recent Developments
14.4.11. Novus International Inc.
14.4.11.1. Company Overview
14.4.11.2. Product/Service Offerings
14.4.11.3. Financials
14.4.11.4. Recent Developments
14.4.12. Sensient Colors LLC
14.4.12.1. Company Overview
14.4.12.2. Product/Service Offerings
14.4.12.3. Financials
14.4.12.4. Recent Developments
*List not exhaustive
Chapter Fifteen: Disclaimer

Direct Contact
Jessica Joyal
+1(213)338-8279 | +1(877)376-9989
sales@themarketinsights.com

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Delivering foresights along with statistical analysis of the operational business industry impacts has been our foremost priority. With the constant developments in the research & development industry, we have always challenged the conventional research methodologies and discovered new research tactics to evolve the growing B2B requirements.

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