Asia Pacific Beta Carotene Market

The Asia Pacific Beta Carotene Market size was around USD 43.65
million in 2016. It is expected to grow at a CAGR of 4.5% to reach USD
54.4 million by 2021. It captures 15% of the global market.
Carotenoids are colourful pigments that exhibit preventative properties
against various dreadful diseases. A few carotenoids are converted by
the body into Vitamin A. Some carotenoids exhibit antioxidant
behaviour that protects the lining of arteries. They play a vital role in
cancer prevention. Carotenes offer protection from heart diseases.
Beta-carotene is used to treat skin problems caused due to excessive
exposure to the sun. Beta-Carotene holds the maximum market share
in carotenoids, due to its skin-protective properties.
Beta carotene possess many features such as it lowers the risk of lung
cancer, heart diseases, and skin problems. Moreover it also helps in
controlling age related eye disorders and enables proper functioning of
immune system. Thus, awareness among the consumers for the
benefits of beta carotene is fuelling its growth across the globe.
Moreover increased usage of beta carotene in food and beverages
industry to provide colour to their final product is also fuelling its
growth during the forecast period.
However, excessive usage of these products for a long term has various
side effects it can cause loss of stools, bruising, & joint pain, and turn
skin orange or yellow. Through various researches, it has been found
that taking high doses of these supplements for long term might cause
a higher risk for certain cancer. Consumption of these supplements by
smokers increases the risk of colon, prostate and lung cancer among
them.

The Asia Pacific Beta Carotene Market can be categorized into two
categories: by source, and by application. On the basis of source the
market is segmented into Algae, Fungi, Palm oil, Synthetic, and Others.
Algae derived beta-carotene accounted for over 35% of total revenue in
2016. The algae-based product is expected to witness steady growth
trend over the forecast period owing to its various advantages over
other sources. If we go by application the market is segmented into
Food & Beverage, Animal Feed, Dietary Supplements, Pharmaceuticals,
and Others. Among all these segments food and beverages is expected
to account for the major market share as compared to others in the
near future.
By geography, the Asia-Pacific Beta Carotene Market has been
categorized into India, China, Korea, Japan and others. It is third largest
in terms of market share. It is the fastest growing market. In Asia pacific
region China and Japan is expected to be the major contributor in beta
carotene market. Increased use of cosmetics products in these region is
predicted to support the growth of beta carotene market in the region.
Major companies in the Beta Carotene Market are:
1) Chr. Hansen Holding A/S
2) Foodchem International Corporation
3) Flavorchem Corporation
4) Lycored
5) D.D. Williamson & Co Inc
6) BioExtract

7) Nutralliance
8) Zhejiang Medicine Co. Ltd
9) Sensient Cosmetic Technologies
10) Parry Nutraceuticals.
Market Segmentation:
1) Source
2) Application
3) Type
Avail Free Sample Report @
http://www.marketdataforecast.com/market-reports/asia-pacific-betacarotene-market-3819/request-sample
Scope of the Report:
Regional and country-level analysis and forecasts of the study
market; providing Insights on the major countries/regions in
which this industry is blooming and to also identify the regions
that are still untapped
Segment-level analysis in terms application and source along with
market size forecasts and estimations to detect key areas of
industry growth in detail
Identification of key drivers, restraints, opportunities and
challenges (DROC) in the market and their impact on shifting
market dynamics

Study of the effect of exogenous and endogenous factors that
affect the global market; which includes broadly demographic,
economic and political, among other macro-environmental factors
presented in an extensive PESTLE Analysis
Study the micro environment factors that determine the overall
profitability of an Industry, using Porter’s five forces analysis for
analyzing the level of competition and business strategy
development
A comprehensive list of key market players along with their
product portfolio, current strategic interests, key financial
information, legal issues, SWOT analysis and analyst overview to
study and sustain the market environment
Competitive landscape analysis listing out the mergers,
acquisitions, collaborations in the field along with new product
launches, comparative financial studies and recent developments
in the market by the major companies
An executive summary, abridging the entire report in such a way
that decision-making personnel can rapidly become acquainted
with background information, concise analysis and main
conclusions
Expertly devised analyst overview along with Investment
opportunities to provide both individuals and organizations a
strong financial foothold in the market
About us:
Market Data Forecast is a firm working in the area of market
research and business intelligence. With rich experience in

esearch across various business domains, they cater to the needs
of both individual and corporate clients. From all-encompassing
umbrella markets to extremely specific niche markets covering all
the major regions across the globe as part of the research scope,
their research services offer one of a kind specialties with
competitive pricing options.
For more information, kindly visit, www.marketdataforecast.com
Contact us:
Abhishek Shukla
Sales Manager (International Business Development)
Market Data Forecast
Direct Line: +1-888-702-9626
Mobile: +91 998 555 0206
Mail:abhishek@marketdataforecast.com
Visit Market Data Forecast Blog
@ http://www.marketdataforecast.com/blog/
View latest Press Releases of MDF
@ http://www.marketdataforecast.com/press-releases