Carotenoids Market Leading Players, Share Analysis and Forecast Report till 2028
Global Carotenoids Market is expected to witness a massive growth with a staggering CAGR in the forecast period. Carotenoids are basically organic pigments that are majorly found in numerous microorganisms, algae, some animal species and plants. They generally give out some bright colors like red, orange and yellow to protect all these species from all the external harmful properties of air and light. These days, carotenoids are more commercially feasible now due to the recombinant DNA technology and rich advancements in biotechnology.
Global Carotenoids Market is expected to witness a massive growth with a staggering CAGR in the forecast period. Carotenoids are basically organic pigments that are majorly found in numerous microorganisms, algae, some animal species and plants. They generally give out some bright colors like red, orange and yellow to protect all these species from all the external harmful properties of air and light. These days, carotenoids are more commercially feasible now due to the recombinant DNA technology and rich advancements in biotechnology.
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<strong>Carotenoids</strong> <strong>Market</strong> <strong>Leading</strong> <strong>Players</strong>,<br />
<strong>Share</strong> <strong>Analysis</strong> <strong>and</strong> <strong>Forecast</strong> <strong>Report</strong> <strong>till</strong><br />
<strong>2028</strong><br />
“<strong>Carotenoids</strong> are basically organic pigments that are majorly<br />
found in numerous microorganisms, algae, some animal<br />
species <strong>and</strong> plants. They generally give out some bright colors<br />
like red, orange <strong>and</strong> yellow to protect all these species from<br />
all the external harmful properties of air <strong>and</strong> light.”<br />
Global <strong>Carotenoids</strong> <strong>Market</strong> is expected to witness a massive growth with a staggering CAGR in the forecast period.<br />
<strong>Carotenoids</strong> are basically organic pigments that are majorly found in numerous microorganisms, algae, some animal<br />
species <strong>and</strong> plants. They generally give out some bright colors like red, orange <strong>and</strong> yellow to protect all these species<br />
from all the external harmful properties of air <strong>and</strong> light. These days, carotenoids are more commercially feasible now<br />
due to the recombinant DNA technology <strong>and</strong> rich advancements in biotechnology.<br />
It is observed that there has been a tremendous rise in the dem<strong>and</strong> for natural <strong>and</strong> organic food as health inferences <strong>and</strong><br />
its sustainability has suddenly started increasing. Health-conscious people have started consuming carotenoid<br />
supplements. These two major factors are aiding the carotenoids market to grow massively.<br />
Browse Full Research <strong>Report</strong> @<br />
https://www.millioninsights.com/industry-reports/carotenoids-market-study<br />
But there are some health risks that are associated with the carotenoid products. Excessive unregulated utilization of<br />
these products can lead to health destructions <strong>and</strong> this is eventually impeding the market’s development. But these days,<br />
carotenoids are being used to treat various diseases such as diabetes, cancer, aging <strong>and</strong> eye disorders, <strong>and</strong> this is why<br />
consumers have started preferring carotenoids. This factor will help the carotenoids market to grow significantly in the<br />
forthcoming years.
The market is segmented on the basis of source (natural, synthetic), product (beta-carotene, lutein, lycopene, astaxanthin,<br />
zeaxanthin <strong>and</strong> canthaxanthin), application (food, supplements, feed, pharmaceuticals, cosmetics) <strong>and</strong> region (North<br />
America, Europe, Asia Pacific, Central & South America, Middle East & Africa)<br />
Considering the product insights, beta-carotene has been dominating the overall industry <strong>and</strong> will continue to grow in<br />
the near future as well. The market size will stimulate in future as beta-carotenes are used as antioxidants <strong>and</strong> colorants.<br />
It also acts a rich source of vitamin A in food, cosmetics <strong>and</strong> medicines.<br />
Looking at the insights of the sources, synthetic sources have been generating a lot of dominance on the overall industry.<br />
But the market has taken a drastic twist <strong>and</strong> now the natural sources are anticipated to witness a tremendous growth in<br />
the near future as there is huge awareness among consumers regarding health benefits <strong>and</strong> advantages of natural<br />
products.<br />
Europe <strong>and</strong> North America hold most of the carotenoids industry yet Asia Pacific is an emerging market <strong>and</strong> is predicted<br />
to show significant growth in the forthcoming years as well. Due to the change in lifestyle <strong>and</strong> food consumption among<br />
consumers, the carotenoids market in Asia Pacific has been experiencing major growth. Followed with this, South<br />
America, is also likely to be a part of growing industry.<br />
Some of the major key players of the carotenoids market are Royal DSM N.V., FMC Corporation, Doehler Group, EID<br />
Parry, ExcelVite, Allied Biotech, BASF, Cyanotech Corporation, Farbest Br<strong>and</strong>s, Guangzhou Leader Bio-Technology,<br />
Chr. Hansen, Algatechnologies, Kemin Industries, DDW The Color House <strong>and</strong> AquaCarotene. All the leading<br />
companies are including mergers <strong>and</strong> acquisitions, partnerships <strong>and</strong> joint ventures to enhance the growth of the market<br />
efficiently.<br />
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<strong>Market</strong> Segment:<br />
<strong>Leading</strong> players of <strong>Carotenoids</strong> including:<br />
• DSM<br />
• BASF<br />
• Allied Biotech<br />
• Chenguang Biotech<br />
• FMC<br />
• Dohler<br />
• Chr. Hansen
• Carotech<br />
• DDW<br />
• Excelvite<br />
• Anhui Wisdom<br />
• Tian Yin<br />
• Kemin<br />
<strong>Market</strong> split by Type, can be divided into:<br />
• Astaxanthin<br />
• Beta-Carotene<br />
• Canthaxanthin<br />
• Lycopene<br />
• Lutein<br />
<strong>Market</strong> split by Application, can be divided into:<br />
• Food<br />
• Feed<br />
• Pharmaceuticals<br />
• Cosmetics<br />
<strong>Market</strong> split by Sales Channel, can be divided into:<br />
• Direct Channel<br />
• Distribution Channel<br />
<strong>Market</strong> segment by Region/Country including:<br />
• North America (United States, Canada <strong>and</strong> Mexico)<br />
• Europe (Germany, UK, France, Italy, Russia <strong>and</strong> Spain etc.)
• Asia-Pacific (China, Japan, Korea, India, Australia <strong>and</strong> Southeast Asia etc.)<br />
• South America Brazil, Argentina, Colombsia <strong>and</strong> Chile etc.)<br />
• Middle East & Africa (South Africa, Egypt, Nigeria <strong>and</strong> Saudi Arabia etc.)<br />
See More <strong>Report</strong>s of This Category by Million Insights @<br />
https://www.millioninsights.com/industry/food-ingredients<br />
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