Carotenoids market is likely to witness significant growth in the coming years, with demand surpassing 5 million kg in 2018. Growing demand from customers for natural and clean products made from natural colors and supplements remains a key growth driver for carotenoids market. The prevailing health and wellness trend is also driving adoption of carotenoids among food and beverage processors.
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The use of beta-carotene and lycopene as colorants in F&B sector continues to grow, according to the study. Beta-carotene is widely used in cheese, spreads, yogurts, soups, sauces, and bakery products, whereas lycopene is gaining increasing demand as a colorant in sauces and soups. Consumer awareness on the benefits of carotenoids for eye health, immune function, and cardiovascular health remains a key growth driver.
In this Carotenoids market study, the following years are considered to project the market footprint:
• History Year: 2013 – 2017
• Base Year: 2018
• Estimated Year: 2019
• Forecast Year: 2018 – 2027
After reading the Carotenoids market report, readers can:
• Understand the drivers, restraints, opportunities and trends affecting the growth of the global Carotenoids market.
• Analyze key regions holding significant share of the total Carotenoids market revenue.
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• Study the growth outlook of the global Carotenoids market scenario, including production, consumption, history and forecast.
• Learn consumption pattern and impact of each end use on the Carotenoids market growth.
• Investigate the recent R&D projects performed by each Carotenoids market player.
The Carotenoids market report covers the following regions:
North America ,Latin America, Europe, Japan, APEJ , MEA
On the basis of product type, the Carotenoids market report considers the following segments:
• Beta-Carotene
• Lutein
• Lycopene
• Astaxanthin
• Canthaxanthin
• Others
On the basis of end-use, the Carotenoids market report includes:
• Food & Beverages
• Cosmetics
• Dietary Suppplements, Animal Feed
• Pharmaceuticals
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Prominent Carotenoids market players covered in the report contain:
• Chr. Hansen Holding A/S
• Archer Daniels Midland Company
• Naturex SA
• Sensient Technologies Corporation
• Koninklijke DSM N.V.
• Cyanotech Corporation
• Adama Agricultural Solutions Ltd.
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The Carotenoids market report answers important questions which include:
• What does the status of the Carotenoids market look like after the forecast period?
• Which region has the highest contribution to the global Carotenoids market and why?
• Which players remain at the top of the global Carotenoids market?
• What opportunities are available for the Carotenoids market players to expand their production footprint?
• Which segment has the maximum impact on the global Carotenoids market?
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