The global carotenoids market was valued to grow from USD 1.5 billion in 2022 to USD 2 billion by 2028, recording a CAGR of 4% during the forecast period. This is attributed to the increasing use of natural carotenoids as food colorants and innovations in the technologies used for extraction of carotenoids.
Key Players
Koninklijke DSM (Netherlands), BASF (Germany), Chr. Hansen (Denmark), Kemin Industries (US), Lycored Limited (Israel), Cyanotech Corporation (US), Fuji Chemical Industry Co Ltd. (Japan), Novus International (US), DDW The Color House (US),
By Type
- Astaxanthin
- Beta-carotene
- Lutein
- Lycopene
- Canthaxanthin
By Application
- Feed
- Food & beverages
- Dietary supplements
- Cosmetics
Pharmaceuticals
Scope of the Report
The research study analyses the Carotenoids Market from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
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A full report is available at: https://orionmarketreports.com/carotenoids-market/91236/
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
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