Carotenoids market is accounted for $1.23 billion in 2015 and is expected to reach $1.81 billion by 2022

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(openPR) - A new research document with title 'Carotenoids - Global Market Outlook (2016-2022)' covering detailed analysis, Competitive landscape, forecast and strategies. The study covers geographic analysis that includes regions like North America, Europe, Asia Pacific, Middle East and important players/vendors such as Carotech Berhad, Döhler Group, BASF SE, D.D. Williamson & Co., Inc, Koninklijke DSM N.V................The report will help user gain market insights, future trends and growth prospects for forecast period of 2022

According to Research, the Global Carotenoids market is accounted for $1.23 billion in 2015 and is expected to reach $1.81 billion by 2022 growing at a CAGR of 5.6%. Increasing demand for natural colorants, physical condition benefits, rising end-user applications and management promotions are the major factors driving the market growth. The factors that are restraining the market are stringent government policies, lack of awareness in emerging countries and over usage of carotenoids. Lack of awareness about cancer symptoms and adulteration are the major challenges faced by the market.

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Asia Pacific market is expected to dominate the trend during the forecast period on account of increasing utilization of animal feed and food supplement. The technological advancements, economic rise, industrial growth, and low production costs in several countries, such as Japan, China, and India are also projected to fuel the Asia Pacific region. Based on application the food and beverages industry is expected to witness significant growth in the upcoming period due to increase in demand for functional and fortified foods.

The key players in the market include FMC Corporation, Chr. Hansen A/S, Kemin Industries, Inc., Allied Biotech Corporation, Cyanotech Corporation, Carotech Berhad, Döhler Group, BASF SE, D.D. Williamson & Co., Inc, Koninklijke DSM N.V., ExcelVite Sdn. Bhd., Brenntag AG, DSM Nutritional Products, Divis Laboratories, Naturex SA, Lycored Ltd, Algatechnologies, Ltd., DDW The Color House, ZMC, AquaCarotene Ltd., Chlostanin Nikken Nature Co. Limited, Doehler Group SE, EID Parry Ltd., Farbest Brands, Guangzhou Leader Bio-Technology Co., Ltd, Muradel Pty Ltd., Novus International, Inc, PAT Vitamins Inc., Seambiotic Ltd, Sensient Technologies Corporation and Valensa International LLC.

Types Covered:
• Canthaxanthin
• Astaxanthin
• Lycopene
• Beta-carotene
• Lutein
• Zeaxanthin
• Capsanthin and Paprika Extracts
• Annatto
• Beta-Apo-8-Carotenal
• Beta-Apo-8-Carotenal-Ester
• Other Types

Sources Covered:
• Natural
• Synthetic

Applications Covered:
• Food & Beverages
• Cosmetics
• Dietary Supplements
• Animal Feed
• Pharmaceuticals

Formulation Types Covered:
• Oil Suspensions
• Beadlets
• Powders
• Emulsions

Method of Productions Covered:
• Chemical Synthesis
• Extraction from Botanical Material
• Fermentation
• Algae Route

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Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o France
o Italy
o UK
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o Rest of Asia Pacific
• Rest of the World
o Middle East
o Brazil
o Argentina
o South Africa
o Egypt

What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 8 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

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