Canthaxanthin Market Projected To Witness Vigorous Expansion By 2031

Canthaxanthin Market: An Overview

Canthaxanthin is a colour or dye similar to the pigment that makes carrots orange. It occurs naturally, but can also be sourced by synthetic processes in laboratories. Its key usage is to lower sensitivity to direct sunlight, which is also known as photosensitivity, in people who suffer from Erythropoietic Protoporphyria (EPP), a rare genetic disease. People suffering EPP are prone to skin reactions such as itch, rash and eczema caused due to sunlight. Canthaxanthin deposits under the skin create an artificial tan that carries antioxidant activity, thus offering protection to the skin against sun sensitivity. Moreover, canthaxanthin is used as an additive in food colouring and as an ingredient in animal feed to improve the colour of egg yolks, chicken skin and fresh water fish such as salmon & trout.

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Global Canthaxanthin Market: Segmentation

Globally, the canthaxanthin market has been segmented as:

On the basis of product form, the global canthaxanthin market is segmented as:

• Synthetic canthaxanthin
• Natural canthaxanthin

On the basis of applications, the global canthaxanthin market is segmented as:

• Food & Beverages

• Dietary Supplements
• Animal Feed
  • Pets
  • Livestock
  • Aqua farming
• Personal Care
• Pharmaceuticals
• Others

On the basis of region, the global canthaxanthin market is segmented as:

• North America
  • U.S.
  • Canada
• Latin America
  • Brazil
  • Mexico
  • Argentina
  • Chile
  • Peru
  • Rest of Latin America
• Europe
  • EU – 4 (Germany, France, Italy, Spain)
  • UK
  • Benelux (Belgium, Netherlands, Luxemburg)
  • Nordic (Norway, Denmark, Iceland, Sweden)
  • Eastern Europe (Poland, Ukraine, Czech Rep., etc.)
  • Rest of Europe
• CIS & Russia
• Japan
• APeJ (Asia Pacific excluding Japan)
  • Greater China
  • India
  • South Korea
  • ASEAN Countries
  • Rest of APeJ
• Middle East & Africa (MEA)
  • GCC Countries
  • Turkey
  • Iran
  • Israel
  • South Africa
  • Rest of MEA

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Global Canthaxanthin market: Key players

Some of the key players operating in the global canthaxanthin market are:

• DSM Nutritional Products AG
• BASF SE
• Novus International, Inc.
• Novepha Company Limited
• Noshly Pty. Ltd.
• Zipont Chem Tech Co., Ltd
• Parchem Fine & Specialty Chemicals
• Guangzhou Wisdom Bio-Technology Co., Ltd.
• Zhejiang Medicine Co. Ltd.

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The report covers exhaust analysis on:

• Market Segments
• Market Dynamics
• Market Size
• Supply & Demand
• Current Trends/Issues/Challenges
• Competition & Companies involved
• Technology
• Value Chain

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