The global Carotenoids market was valued at USD 1.22 billion in 2016 and is projected to reach USD 1.68 billion by 2025, growing at a CAGR of 3.6% from 2017 to 2025.
Carotenoids are natural coloring agents responsible for yellow, bright red and orange hues. The growing demand for natural colorants is boosting the demand for carotenoids. The rising consumption in pharmaceuticals and personal care products is expected to augment future demand.
Sample Infographics:
Market Dynamics:
1. Market Drivers
1.1 Growing demand for natural colorants
1.2 Expanding end-use applications
2. Market Restraints
2.1 Stringent regulatory approvals
2.2 Harmful effects of high doses of carotenoids
Market Segmentation:
The global Carotenoids market is segmented on the formulation, type, application, production method, and region.
1. By Type:
1.1 Lutein
1.2 Lycopene
1.3 Zeaxanthin
1.4 Astaxanthin
1.5 Canthaxanthin
1.6 Beta Carotene
1.7 Others
2. By Application:
2.1 Supplements
2.2 Cosmetics
2.3 Feed
2.4 Food
2.5 Pharmaceuticals
3. By Method of Production:
3.1 Chemical Synthesis
3.2 Fermentation
3.3 Extraction From Botanical Materials
3.4 Algae Route
4. By Formulation:
4.1 Beadlets
4.2 Emulsions
4.3 Oil Suspensions
4.4 Powders
5. By Region:
5.1 North America (U.S., Canada, Mexico)
5.2 Europe (Germany, UK, France, Rest of Europe)
5.3 Asia Pacific (China, India, Japan, Rest of Asia Pacific)
5.4 Latin America (Brazil, Argentina, Rest of Latin America)
5.5 Middle East & Africa
Competitive Landscape:
The major players in the market are as follows:
1. Dohler Group
2. Cyanotech Corporation
3. Excelvite Sdn Bhd
4. Royal DSM NV
5. FMC Corporation
6. Kemin Industries Inc.
7. Cyanotech Corporation
8. Chr. Hansen A/S
9. Allied Biotech Corporation
10. BASF SE
These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
RESEARCH METHODOLOGY OF VERIFIED MARKET INTELLIGENCE:
Research study on the Carotenoids market was performed in five phases which include Secondary research, Primary research, subject matter expert advice, quality check and final review.
The market data was analyzed and forecasted using market statistical and coherent models. Also market shares and key trends were taken into consideration while making the report. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis.
To know more about the Research Methodology of Verified Market Intelligence and other aspects of the research study, kindly get in touch with our sales team.
1 INTRODUCTION OF GLOBAL CAROTENOIDS MARKET
1.1 Overview of the Market
1.2 Scope of Report
1.3 Assumptions
2 EXECUTIVE SUMMARY
3 RESEARCH METHODOLOGY OF VERIFIED MARKET INTELLIGENCE
3.1 Data Mining
3.2 Validation
3.3 Primary Interviews
3.4 List of Data Sources
4 GLOBAL CAROTENOIDS MARKET OUTLOOK
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
4.5 Regulatory Framework
5 GLOBAL CAROTENOIDS MARKET, BY TYPE
5.1 Overview
5.2 Lutein
5.3 Lycopene
5.4 Zeaxanthin
5.5 Astaxanthin
5.6 Canthaxanthin
5.7 Beta Carotene
5.8 Others
6 GLOBAL CAROTENOIDS MARKET, BY APPLICATION
6.1 Overview
6.2 Supplements
6.3 Cosmetics
6.4 Feed
6.5 Food
6.6 Pharmaceuticals
7 GLOBAL CAROTENOIDS MARKET, BY METHOD OF PRODUCTION
7.1 Overview
7.2 Chemical Synthesis
7.3 Fermentation
7.4 Extraction From Botanical Materials
7.5 Algae Route
8 GLOBAL CAROTENOIDS MARKET, BY FORMULATION
8.1 Overview
8.2 Beadlets
8.3 Emulsions
8.4 Oil Suspensions
8.5 Powders
9 GLOBAL CAROTENOIDS MARKET, BY GEOGRAPHY
9.1 Overview
9.2 North America Regional Market Estimates and Forecasts, 2012 - 2025
9.2.1 U.S.
9.2.2 Canada
9.2.3 Mexico
9.3 Europe Regional Market Estimates and Forecasts, 2012 - 2025
9.3.1 Germany
9.3.2 U.K.
9.3.3 France
9.3.4 Rest of Europe
9.4 Asia Pacific Regional Market Estimates and Forecasts, 2012 - 2025
9.4.1 China
9.4.2 Japan
9.4.3 India
9.4.4 Rest of Asia Pacific
9.5 Latin America Regional Market Estimates and Forecasts, 2012 - 2025
9.5.1 Brazil
9.5.2 Argentina
9.6 Rest of the World Regional Market Estimates and Forecasts, 2012 - 2025
10 GLOBAL CAROTENOIDSMARKET COMPETITIVE LANDSCAPE
10.1 Overview
10.2 Company Market Share
10.3 Vendor Landscape
10.4 Key Development Strategies
11 COMPANY PROFILES
11.1 Dohler Group
11.1.1 Overview
11.1.2 Financial Performance
11.1.3 Product Outlook
11.1.4 Key Developments
11.2 Cyanotech Corporation
11.2.1 Overview
11.2.2 Financial Performance
11.2.3 Product Outlook
11.2.4 Key Developments
11.3 Excelvite Sdn Bhd
11.3.1 Overview
11.3.2 Financial Performance
11.3.3 Product Outlook
11.3.4 Key Developments
11.4 Royal DSM NV
11.4.1 Overview
11.4.2 Financial Performance
11.4.3 Product Outlook
11.4.4 Key Developments
11.5 FMC Corporation
11.5.1 Overview
11.5.2 Financial Performance
11.5.3 Product Outlook
11.5.4 Key Developments
11.6 Kemin Industries Inc.
11.6.1 Overview
11.6.2 Financial Performance
11.6.3 Product Outlook
11.6.4 Key Developments
11.7 Cyanotech Corporation
11.7.1 Overview
11.7.2 Financial Performance
11.7.3 Product Outlook
11.7.4 Key Developments
11.8 Chr. Hansen A/S
11.8.1 Overview
11.8.2 Financial Performance
11.8.3 Product Outlook
11.8.4 Key Developments
11.9 Allied Biotech Corporation
11.9.1 Overview
11.9.2 Financial Performance
11.9.3 Product Outlook
11.9.4 Key Developments
11.10 BASF SE
11.10.1 Overview
11.10.2 Financial Performance
11.10.3 Product Outlook
11.10.4 Key Developments
12 Appendix
12.1 Related Reports
Executive Summary
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