Carotenoids Market: Global Industry Perspective, Comprehensive Analysis and Forecast, 2015 – 2021

Report Code: ZMR-149 | Report Format : | Status : Upcoming |

Abstract

Carotenoids are plant pigments that are accountable for red, yellow, and orange colors in numerous fruits and vegetables. These pigments play an important role in plant health. In addition, people who consume foods with carotenoids gain protective health benefits. Carotenoids are also found in the chloroplasts and chromoplasts of plants and other photosynthetic organisms such as some bacteria and fungi. Carotenoids act as antioxidants within the body, protecting against cellular damage, the effects of aging, and some chronic diseases. They can be assembled from fats and other basic organic metabolic building blocks of these organisms. Carotenoids are responsible for the characteristic colors to carrots, corn, canaries, and daffodils, as well as egg yolks, rutabagas, buttercups, and bananas.As antioxidants, carotenoids are useful for the protection of vision and combating cellular damage.Lycopene, a type of carotenoid found in tomatoes,helps in keeping the liver, prostate, breast, colon, and lungs healthy.

The global carotenoids market is segmented on the basis of application as human nutrition, animal nutrition, and cosmetics& pharmaceuticals. Human nutrition segment comprises use of carotenoids in the form of antioxidants, colorants, and immune system regulators in healthy food consumed by people. On the basis of oxygen content carotenoids are further segmented as oxygenated carotenoids—those containing oxygen— and unoxygenated—oxygen-free carotenoids. Unoxygenated carotenoids are further sub-segmented as α-carotene, β-carotene, and lycopene.α-carotene is the second most common form of carotene.β-carotene is the most common form of carotene in plants and is used for food coloring. Lycopene is an important intermediate in the biosynthesis of various carotenoids including β-carotene. Further on the basis of source, the global market is segmented as synthetic carotenoids and natural carotenoids.

Of the application segments, human nutrition segment emerged as the largest application segment in the carotenoids market followed by cosmetics & pharmaceuticals segment. Cosmetics & pharmaceuticals segment is the second largest application segment owing to the increased demand of skin and hair care products.

Rising awareness regarding the health benefits due to carotenoids is positively impacting the market for carotenoids mainly in Europe and North America. Europe remarkably dominates the global market owing to its high demand in the region. Majority of the sales of the market has its source form North America and Europe. In addition, Asia Pacific and Rest of the World are anticipated to witness considerable growth in the near future. Low-cost competition from some of the Asian countries is one of the market restraints of the global carotenoids market.

Key players in the global carotenoids market are Algatechnologies Ltd., BASF SE, Dohler Group, Kemin Industries, Inc., FMC Corporation, and Chr. Hansen Holding A/S. Other major players influencing the market are Allied Biotech Corporation, DDW The Color House, ExeclViteSdn. Bhd., and Cyanotech Corporation. In addition, to avail competitive advantage, most of the major companies are following new growth techniques such as collaborations, new product launches, and acquisitions across the globe.

Carotenoids Market: Regional Segment Analysis

  • North America
    • U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • Middle East & Africa

Related Reports

Feed Grade Oils Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Price : $ 3599.00 | Report Code: ZMR-2249 | Report Format:

Feed Grade Oils Market: Overview The feed grade oils are also available from the blends of the animal and vegetable oils. Previously, the feed grade oils were used mainly in the diets of the swine and poultry. However, now the feed grade oils are being used to add the energy content in form of s...Read More

Butyrospermum Parkii Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Price : $ 3599.00 | Report Code: ZMR-2247 | Report Format:

Butyrospermum Parkii Market: Overview The Butyrospermum Parkii mainly consists of the fatty acids which include the stearic and the oleic acids and also has vitamin E and carotene. The shea butter is obtained from the seeds of the tree Butyrospermum Parkii which are the wild trees found in the r...Read More

Brominated Vegetable Oil Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Price : $ 3599.00 | Report Code: ZMR-2246 | Report Format:

Brominated Vegetable Oil Market: Overview Bromine is an element that is found naturally in the sea water and in the bromide salt. The brominated vegetable oil is a complex fusion of the triglycerides that are derived from the plants which react to contain the atoms of bromine bonded to the molec...Read More

Aquaponics Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Price : $ 3599.00 | Report Code: ZMR-2240 | Report Format:

Aquaponics Market: Overview A combination of hydroponics and the aquaculture is the aquaponics and it is a highly useful water-based system. The arrangement is made in such a way that a variety of fishes which includes carp, tilapia, koi, goldfish, crappie, brim, and bass along with the plants s...Read More

Lipolyzed Butter Fat Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Price : $ 3599.00 | Report Code: ZMR-2237 | Report Format:

Lipolyzed Butter Fat Market: Overview Lipolyzed butter fat is a yellowish creamy like liquid that has the odor of milk fat that has undergone enzymolysis. The lipolyzed butter fat is obtained by breaking the butter fat with the help of the microbial lipase enzyme. It is used to provide flavor to...Read More

Choose License Type:
Latest Published Reports

View All Published Reports