Carotenoids Market – Global Industry Analysis Report, Share, Size, Growth, Price Trends and Forecast, 2024

1
Carotenoids Market size to grow at over 4 CAGR
from 2016 to 2024 Global Market Insights Inc.
Fuel Cell Market size worth 25.5bn by 2024
2
Key Insights from Carotenoids Market

• Germany beta carotene market size was over USD 4
  million in 2015. Positive indicators from medical
  industry for curing macular degeneration,
  cataracts, and preventing heart diseases fueled
  beta carotene demand. Healthcare industry
  expansion along with rise in consumer
  affordability have positively influenced regional
  growth in this segment.
• Asia Pacific carotenoids market share will
  witness significant gains in cosmetics
  application increasing at 5 CAGR. Technological
  advancement, increasing application scope in
  nutraceuticals and cosmetics is driving overall
  regional demand.
• Lycopene market was worth over USD 15 million in
  2015. Strong application scope in pharmaceuticals
  and cosmetics owing to properties including
  preventing diabetes, age-related macular
  degeneration and protection from sunburn has
  enhanced product demand.

3
Continued...

• Middle East Africa nutraceuticals market has
  witnessed notable growth. GCC countries dominates
  the industry, increase in the geriatric
  population will propelled the product demand for
  health supplements.
• Global carotenoids market is fragmented in nature
  and dominated by DSM and BASF holding about 50
  of global capacity.
• In terms of geographic presence other major
  companies include, Allied Biotech, Chr. Hansen,
  Brenntag, Carotech, Cyanotech, Divis
  Laboratories, Naturex SA, D.D. Williamson, and
  LycoRed.

4

5

Browse Full Market Research Report On
Carotenoids Market _at_ https//goo.gl/qjSEfz
Request for a Sample of this Research Report
_at_ https//www.gminsights.com/request-sample/detail
/855 https//www.gminsights.com/request-sample/de
tail/49
6
360 Analysis

• Product Analysis
• Beta-carotene market was valued at over USD 40
  million in 2015, and is expected to increase at
  over 4 CAGR up to 2024. Healthy skin, eye
  health, and cardiovascular disease prevention
  with addition to this ingredient in diet and
  supplements has fueled product demand.
• Canthaxanthin market accounted for over 10 of
  the total market share in 2015. Rising consumer
  inclination towards various food products such as
  breakfast cereals, baby ingredients, dairy, meat,
  fruit vegetable, bakery confectionery, and
  snacks industries should drive canthaxanthin
  market size growth.
• Regional Analysis
• Germany, which dominates Europe carotenoids
  market size, was valued at over USD 20 million in
  2015. Processed food industry expansion was among
  the key contributor in regional industry growth.
  France and Germany exhibit the strongest demand
  as a food colouring agent.

7
Continued...

• Competitive Market Share
• Global carotenoids market share is fragmented and
  highly competitive with top two industrial
  players BASF and DSM accounting for over 50 of
  the total capacity in 2015 and extensively
  involved in the RD.
• New product development and development are
  foreseen to be a potential growth strategy. New
  and existing patents relating to ingredient
  extraction, production, and application are
  responsible for highly competitive nature of the
  market. Other industry participants include
  Allied Biotech, Brenntag, Carotech, Chr. Hansen,
  Cyanotech Corp., D.D. Williamson, Divis
  Laboratories, LycoRed and Naturex SA.

8
Stay In Touch Website www.gminsights.com Soci
al Media