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Carotenoids Market Size to Reach USD 2.63 Billion by 2030, Driven by Clean-Label Demand and Expanding Nutraceutical Applications

10-06-2025 02:49 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Mordor Intelligence

Carotenoids Market Size & Trends | Mordor Intelligence

Carotenoids Market Size & Trends | Mordor Intelligence

Introduction to the Carotenoids Market

The carotenoids market, valued at USD 2.09 billion in 2025, is projected to reach USD 2.63 billion by 2030, at a CAGR of 4.64% during the forecast period. Growth is strongly linked to rising consumer awareness around natural ingredients, ingredient transparency, and preventive health benefits. With applications spanning food and beverage, dietary suppIements, pharmaceuticals, cosmetics, and animal feed, carotenoids are emerging as a versatile ingredient category.

The industry is witnessing an increasing preference for naturally derived carotenoids over synthetic options. This is being shaped by sustainability considerations and consumer trust in natural sources. Additionally, technological improvements in extraction methods are making natural carotenoids more commercially viable. The combination of regulatory support, scientific validation, and evolving consumer preferences is expected to sustain market expansion.

Report Overview - https://www.mordorintelligence.com/industry-reports/carotenoids-market-industry?utm_source_openpr

Key Trends in the Carotenoids Market

Several trends define the carotenoids market landscape, influencing production, adoption, and consumption patterns:

Natural Colorants in Processed Foods

Food and beverage companies are moving from synthetic colorants to carotenoid-based natural alternatives. Carotenoids like beta-carotene, lutein, and lycopene are valued not only for vibrant coloration but also for their nutritional contributions. Clean-label positioning and transparency requirements are fueling this transition.

Rising Demand in Dietary SuppIements

Preventive healthcare awareness is encouraging consumers to adopt carotenoid-based supplements, especially beta-carotene, lutein, and zeaxanthin. Their roles in eye health, immune function, and skin protection are backed by growing clinical evidence.

Plant-Based Ingredient Preference

Consumers are increasingly attentive to sourcing, with strong interest in plant and microalgae-derived carotenoids. Cultivation of algae like Haematococcus pluvialis for astaxanthin and Dunaliella salina for beta-carotene demonstrates sustainable production approaches.

Vegan and Vegetarian Supplement Growth

Plant-based lifestyles are driving demand for carotenoid formulations tailored to vegan and vegetarian consumers. Microalgae sources provide solutions for astaxanthin, lutein, and other carotenoids, addressing both ethical and nutritional requirements.

These carotenoid market trends reflect a broader push toward sustainability, health-oriented products, and consumer-driven clean-label solutions.

Check out more details and stay updated with the latest industry trends, including the Japanese version for localized insights - https://www.mordorintelligence.com/ja/industry-reports/carotenoids-market-industry?utm_source_openpr

Market Segmentation in the Carotenoids Market

By Type

- Astaxanthin - Leading in high-value applications, particularly in aquaculture, cosmetics, and supplements due to its antioxidant strength.
- Beta-Carotene - Dual role as a natural colorant and provitamin A source supports strong adoption.
- Lutein & Zeaxanthin - Popular in Dietary SuppIements focused on vision and cognitive health.
- Lycopene & Canthaxanthin - Used in functional foods, beverages, and feed.

By Form

- Powder - Widely adopted due to stability, easy handling, and broad use across food and feed industries.
- Liquid - Preferred in supplements and applications requiring enhanced absorption.

By Application

- Animal Feed - A leading segment, particularly for aquaculture and poultry, where carotenoids enhance pigmentation and health.
-Dietary SuppIements - Fastest-growing application, driven by demand for natural preventive health solutions.
-Food and Beverages - Used as natural colorants and functional ingredients.
-Personal Care & Cosmetics - Smaller in scale but high in value, leveraging carotenoids' antioxidant properties.
- Pharmaceuticals - Used for targeted health formulations.

By Geography

- Europe - Strong adoption supported by regulatory preference for natural ingredients.
-Asia-Pacific - Fastest-growing region, fueled by aquaculture, dietary suppIement demand, and expanding middle-class income levels.
-North America - Stable demand with established regulatory frameworks supporting innovation.
- South America, Middle East & Africa - Emerging demand driven by fortified foods and aquaculture growth.

This segmentation highlights the carotenoids market size and share across multiple industries and regions.

Explore more on Food and Beverage Research - https://www.mordorintelligence.com/market-analysis/food-beverage?utm_source_openpr

Key Players in the Carotenoids Market

The carotenoids market is moderately consolidated, with a mix of global corporations, biotech companies, and algae cultivators competing for market share. Leaders such as BASF SE, DSM-Firmenich AG, Döhler Group SE, Givaudan SA, and Sensient Technologies Co. leverage their global distribution networks and R&D capabilities to expand applications and ensure cost efficiency.

Competition centers on technical strengths, including microencapsulation, enhanced bioavailability, and sustainable sourcing methods. Strategic mergers, acquisitions, and partnerships with research organizations are frequent as companies aim to expand product portfolios and geographical reach.

Recent product launches highlight the industry's dynamism. For instance:

Divi's Nutraceuticals introduced sustainable astaxanthin beadlets for supplements.

BASF developed stable beta-carotene formulations suitable for clean-label products.

Cepham launched eye health supplements combining lutein and zeaxanthin.

Such developments illustrate how companies are aligning with carotenoids market trends around natural health, sustainability, and functional nutrition.

Conclusion on the Carotenoids Market

The carotenoids market is positioned for steady growth through 2030, supported by the rising demand for natural colorants, clean-label dietary suppIements, and health-focused food formulations. Despite challenges such as raw material volatility and regulatory complexities, opportunities remain strong in both developed and emerging markets.

As carotenoids gain recognition for their multifunctional roles-ranging from coloring agents to antioxidants and health-promoting supplements-the carotenoids market share is expected to widen across sectors. With sustained investment in sustainable sourcing, advanced extraction, and product innovation, the industry is set to expand its global footprint.

The carotenoids market statistics show a consistent upward trajectory, reflecting consumer-driven demand and regulatory alignment with natural solutions. This creates long-term opportunities for manufacturers, suppliers, and stakeholders seeking to strengthen their presence in the global market.

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Get More Insights: https://www.mordorintelligence.com/industry-reports/phytonutrients-market?utm_source=openpr

Eye Health Supplement Market - The Eye Health Supplements Market Report is Segmented by Ingredient Type (Carotenoids, Antioxidant Vitamins, and More), by Form (Softgel Capsules, Tablets, and More), by Indication (AMD, Cataract, and More), by Distribution Channel (OTC Pharmacy & Drug Stores, and More), by Age Group (Pediatric, Adults, Geriatric), and by Geography (North America, Europe, and More). The Market Forecasts are Provided in Terms of Value (USD).

Get More Insights: https://www.mordorintelligence.com/industry-reports/eye-health-supplement-market?utm_source=openpr

Algae Products Market - The Algae Products Market Report is Segmented by Source (Brown Algae, Red Algae, Green Algae, Blue-Green Algae), Product Type (Hydrocolloids, Algal Protein, Carotenoids, Lipids, and Other Product Types), Application (Personal Care and Cosmetics, Food and Beverage, and More), and Geography (North America, Europe, Asia-Pacific, South America, and Middle East and Africa). The Market Forecasts are Provided in Terms of Value (USD).

Get More Insights: https://www.mordorintelligence.com/industry-reports/algae-products-market?utm_source=openpr

For any inquiries or to access the full report, please contact:

media@mordorintelligence.com
https://www.mordorintelligence.com/

Mordor Intelligence, 11th Floor, Rajapushpa Summit, Nanakramguda Rd, Financial District, Gachibowli, Hyderabad, Telangana - 500032, India

About Mordor Intelligence:

Mordor Intelligence is a trusted partner for businesses seeking comprehensive and actionable market intelligence. Our global reach, expert team, and tailored solutions empower organizations and individuals to make informed decisions, navigate complex markets, and achieve their strategic goals.

With a team of over 550 domain experts and on-ground specialists spanning 150+ countries, Mordor Intelligence possesses a unique understanding of the global business landscape. This expertise translates into comprehensive syndicated and custom research reports covering a wide spectrum of industries, including aerospace & defense, agriculture, animal nutrition and wellness, automation, automotive, chemicals & materials, consumer goods & services, electronics, energy & power, financial services, food & beverages, healthcare, hospitality & tourism, information & communications technology, investment opportunities, and logistics.

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