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

Bee Venom Extract Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Price : $ 3599.00 | Report Code: ZMR-1751 | Report Format:

Global Bee Venom Extract Market: Overview Apitoxin is the alternate name for the bee venom; it is a bitter colorless liquid. As per the American Apitherapy Association, Apitherapy is the therapeutic way to use the products that are made by the honeybees such as bee venom and honey. The ailments ...Read More

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

Price : $ 3599.00 | Report Code: ZMR-1730 | Report Format:

Global Starch Derivatives Market: Overview The starch derivative is commonly known as modified starch, it is prepared by chemically treating inhabitant starch to change its properties. It is used in various companies for different functions. In food and beverage industry, it is used as stabilize...Read More

Specialty Food Ingredients Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Price : $ 3599.00 | Report Code: ZMR-1729 | Report Format:

Global Specialty Food Ingredients Market: Overview Specialty food ingredients provide specific flavors, textures, color, functionalities, and nutrients to the processed food products. These ingredients are used in the food and beverage industry, medium-sized companies, and large food manufacturi...Read More

Organic Soy Protein Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Price : $ 3599.00 | Report Code: ZMR-1725 | Report Format:

Global Organic Soy Protein Market: Overview Soy protein is also referred as the complete protein source for the human body, it is an inexpensive dietary protein which consists of amino acid. The vegan population, in order to fulfill their protein demand they eat nutritious food that includes fak...Read More

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

Price : $ 3599.00 | Report Code: ZMR-1713 | Report Format:

Global Vegetable Oil Market: Overview Vegetable oil is extracted from plants in the form of triglycerides; it is in the liquid state at room temperature. It is also available in the solid state at room temperature which is known as vegetable fats. Mainly oil is extracted from oil seeds but it ca...Read More

Choose License Type: