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Carotenoids Market by Type, Application, Region - Global Forecast 2026


Carotenoids Market is Segmented by Type, Application Source, Region & is projected to grow from USD 1.5 billion in 2019 to USD 2.0 billion by 2026 – PowerPoint PPT presentation

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Title: Carotenoids Market by Type, Application, Region - Global Forecast 2026

MarketsandMarkets Presents
Carotenoids Market - Forecast to 2026
The report "Carotenoids Market by Type
(Astaxanthin, Beta-Carotene, Lutein, Lycopene,
Canthaxanthin, and Zeaxanthin), Application
(Feed, Food Beverages, Dietary Supplements,
Cosmetics, and Pharmaceuticals), Source,
Formulation, and Region - Global Forecast to
2026" The carotenoids market is projected to grow
from USD 1.5 billion in 2019 to USD 2.0 billion
by 2026, recording a compound annual growth rate
(CAGR) of 4.2 during the forecast period. The
major factors driving the growth of the
carotenoids market include the growing use of
carotenoids in preventive healthcare and as a
food colorant in the feed industry. Browse 147
market data Tables and 39 Figures spread
through 186 Pages and in-depth TOC
on "Carotenoids Market - Global Forecast to
2026 The European market accounted for the
largest share in 2018 due to the presence of
leading manufacturers, such as Koninklijke DSM
(Netherlands), BASF (Germany), Chr. Hansen
(Denmark), and Dohler Group (Germany). Further,
the increase in the aging population in the
region has led to a surge in demand for lutein,
lycopene, and beta-carotene to treat cataract and
reduce the risk of diabetes, cancer, and other
heart-related issues. Although synthetic
carotenoids account for a high share in the
market, consumers prefer opting for natural and
clean label products, which is projected to drive
the growth of the naturally-sourced carotenoids
market in this region. Download PDF Brochure
  • Report Objectives
  • Determining and projecting the size of the
    carotenoids market, with respect to type,
    application, source, formulation, and regional
    markets, over the period of seven years, ranging
    from 2019 to 2026
  • Identifying the attractive opportunities in the
    market by determining the largest and
    fastest-growing segments across regions
  • Providing detailed information about the key
    factors influencing the growth of the market
    (drivers, restraints, opportunities, and
    industry-specific challenges)
  • Analyzing the micromarkets, with respect to
    individual growth trends, future prospects, and
    their contribution to the total market
  • Identifying and profiling the key market players
    in the carotenoids market
  • Providing a comparative analysis of the market
    leaders based on the following parameters
  • Product offerings
  • Business strategies
  • Strengths and weaknesses
  • Key financials
  • Understanding the competitive landscape and
    identifying the major growth strategies adopted
    by players across the key regions
  • Analyzing the value chain, products, and
    regulatory frameworks across key regions and
    their impact on the prominent market players
  • Providing insights on key product innovations and
    investments in the carotenoids market
  • Make an Inquiry https//

By application, the feed segment is estimated to
account for the largest market share in 2019 in
the carotenoids market Carotenoids are
extensively used in animal nutrition products due
to their coloring properties and are incorporated
in feed to pigment the egg yolks, broiler skin,
fishes, and crustaceans. These also help in
increasing the immunity and improving the health
of livestock by enhancing the quality of
nutrition. The fertility of cattle, swine, and
horses can be improved by feeding beta-carotene,
whereas astaxanthin and canthaxanthin help in
improving the growth of salmons and larval
fishes. The beadlet segment in the carotenoids
market is estimated to dominate the market in
2019 On the basis of formulation, the beadlet
segment is estimated to dominate the carotenoids
market in 2019. Carotenoid beadlets are
free-flowing spherical particles developed from
spray drying technology. They are usually packed
in an aluminum foil bag and stored in a cool and
dry place away from direct light, oxygen, and
heat. Some of the other major benefits of using
beadlet formulations include increased stability,
cold water dispersion, and enhanced of shelf
life. Key players in the carotenoids market
include Koninklijke DSM (Netherlands), BASF
(Germany), Chr. Hansen (Denmark), Kemin
Industries (US), Lycored Limited (Israel),
Cyanotech Corporation (US), Novus International
(US), DDW The Color House (US), Dohler Group
(Germany), Allied Biotech Corporation (Taiwan),
E.I.D Parry (India), Farbest Brands (US), Dynadis
SARL (France), Deinove SAS (France), Vidya Europe
SAS (France). Request Sample Pages of the
report https//
  • Recent Developments
  • In June 2019, DDW The Color House acquired Du
    Pont Natural Colors (Denmark) to enhance the
    presence of the company in the global market.
    This acquisition would also help it expand its
    portfolio with new products.
  • In April 2019, Döhler Group acquired a majority
    of shares in Zumos Catalano Aragoneses S.A.
    (ZUCASA), which is based in Spain. This would
    help the company to increase its presence in the
    fruits and carotenoids segment.
  • In April 2019, ExcelVite Sdn. Bhd. collaborated
    with US Pharmacopeia (US) to publish a new plant
    carotenes monograph. It was developed based on
    mixed carotene complex, EVTene. The publication
    of this monograph would reinstate the efforts of
    the company to meet the high ingredient
  • In April 2019, Zhejiang NHU Co. Ltd formed a
    partnership with LJ Ingredients (Denmark).
    Through this partnership, LJ Ingredients became
    an exclusive sales agent for beta-carotene
    products for the company in the European market.
  • In March 2019, Kemin Industries launched Organic
    KEM GLO, which is a USDA certified organic
    carotenoid that helps organic egg producers to
    intensify the colors of egg yolks. This would
    help the company to attain a leading position in
    the feed carotenoids market.
  • Key questions addressed by the report
  • Who are the major market players in the
    carotenoids market?
  • What are the regional growth trends and the
    largest revenue-generating regions for the
    carotenoids market?
  • Which are the key regions that are projected to
    witness significant growth in the carotenoids
  • What are the major types of carotenoids that are
    projected to gain maximum market revenue and
    share during the forecast period?
  • Speak to Analyst https//

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