• Phone: +1-631-791-1145
  • Email: sales@imarcgroup.com

*As the coronavirus disease (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

Carotenoids Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025

The global carotenoids market grew at a CAGR of around 5% during 2014-2019. Carotenoids refer to various organic pigments that are responsible for bright red, yellow and orange hues in fruits and vegetables. They are a class of phytonutrients that are essential for plant health and are a rich source of vitamin A and antioxidants. Carotenoids can be synthetically produced as well as they are found in plants, algae, bacteria and fungi. Some of the other major natural sources of carotenoids include papaya, pineapple, pumpkin, apricot, carrot, orange and corn. Alpha and beta carotene, beta-cryptoxanthin, lutein, zeaxanthin and lycopene are some of the commonly used carotenoids that are added as a colorant in food, cosmetics and animal feed products. In humans, they aid in treating cancer, improving vision and supporting physical growth and development.

The increasing prevalence of cancer and other age-related ophthalmic disorders is one of the key factors driving the growth of the market. Furthermore, the widespread utilization of carotenoids in dietary supplements and other pharmaceutical products is also providing a boost to the market growth. Owing to increasing health consciousness and rising geriatric population across the globe, there is a shift in the consumer preferences toward preventive healthcare products that can act as antioxidants and protect the body from chronic diseases, cellular damage and detrimental effects of aging. Carotenoids are extensively utilized to improve animal nutrition and feed products to enhance their fertility and overall immunity. This, along with various technological advancements in extraction methods and the growing demand for natural coloring, is projected to drive the market further. Looking forward, IMARC Group expects the global carotenoids market to experience moderate growth during the next five years.

Breakup by Product Type:

  • Beta-Carotene
  • Astaxanthin
  • Lutein
  • Lycopene
  • Zeaxanthin
  • Canthaxanthin
  • Others
     

Breakup by Source:

  • Synthetic
  • Natural
     

Breakup by Formulation:

  • Oil Suspension
  • Powder
  • Emulsion
  • Others
     

Breakup by Application:

  • Animal Feed
  • Dietary Supplements
  • Food and Beverages
  • Cosmetics
  • Others
     

Breakup by Region:

  • North America
    • United States
    • Canada
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa
     

Competitive Landscape:

The report has also analysed the competitive landscape of the market with some of the key players being Allied Biotech Corporation, BASF SE, Chr. Hansen Holding A/S, Cyanotech Corporation, DDW The Color House, Deinove SAS, Divi's Laboratories Limited, Döhler Group, Excelvite Sdn. Bhd., Kemin Industries, Lycored Limited, Naturex SA (Givaudan SA), Vidya Europe SAS, Zhejiang NHU Co. Ltd., etc.

Key Questions Answered in This Report:

  • How has the global carotenoids market performed so far and how will it perform in the coming years?
  • What are the key regional markets?
  • What has been the impact of COVID-19 on the global carotenoids market?
  • What is the breakup of the market based on the product type?
  • What is the breakup of the market based on the source?
  • What is the breakup of the market based on the formulation?
  • What is the breakup of the market based on the application?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the global carotenoids market and who are the key players?
  • What is the degree of competition in the industry?

1    Preface
2    Scope and Methodology 

    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3    Executive Summary
4    Introduction

    4.1    Overview
    4.2    Key Industry Trends
5    Global Carotenoids Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    Market Forecast
6    Market Breakup by Product Type
    6.1    Beta-Carotene
        6.1.1 Market Trends
        6.1.2 Market Forecast
    6.2    Astaxanthin
        6.2.1 Market Trends
        6.2.2 Market Forecast
    6.3    Lutein
        6.3.1 Market Trends
        6.3.2 Market Forecast
    6.4    Lycopene
        6.4.1 Market Trends
        6.4.2 Market Forecast
    6.5    Zeaxanthin
        6.5.1 Market Trends
        6.5.2 Market Forecast
    6.6    Canthaxanthin
        6.6.1 Market Trends
        6.6.2 Market Forecast
    6.7    Others
        6.7.1 Market Trends
        6.7.2 Market Forecast
7    Market Breakup by Source
    7.1    Synthetic
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2    Natural
        7.2.1 Market Trends
        7.2.2 Market Forecast
8    Market Breakup by Formulation
    8.1    Oil Suspension
        8.1.1 Market Trends
        8.1.2 Market Forecast
    8.2    Powder
        8.2.1 Market Trends
        8.2.2 Market Forecast
    8.3    Emulsion
        8.3.1 Market Trends
        8.3.2 Market Forecast
    8.4    Others
        8.4.1 Market Trends
        8.4.2 Market Forecast
9    Market Breakup by Application
    9.1    Animal Feed
        9.1.1 Market Trends
        9.1.2 Market Forecast
    9.2    Dietary Supplements
        9.2.1 Market Trends
        9.2.2 Market Forecast
    9.3    Food and Beverages
        9.3.1 Market Trends
        9.3.2 Market Forecast
    9.4    Cosmetics
        9.4.1 Market Trends
        9.4.2 Market Forecast
    9.5    Others
        9.5.1 Market Trends
        9.5.2 Market Forecast
10    Market Breakup by Region
    10.1    North America
        10.1.1 United States
           10.1.1.1 Market Trends
           10.1.1.2 Market Forecast
        10.1.2 Canada
           10.1.2.1 Market Trends
           10.1.2.2 Market Forecast
    10.2    Asia Pacific
        10.2.1 China
           10.2.1.1 Market Trends
           10.2.1.2 Market Forecast
        10.2.2 Japan
           10.2.2.1 Market Trends
           10.2.2.2 Market Forecast
        10.2.3 India
           10.2.3.1 Market Trends
           10.2.3.2 Market Forecast
        10.2.4 South Korea
           10.2.4.1 Market Trends
           10.2.4.2 Market Forecast
        10.2.5 Australia
           10.2.5.1 Market Trends
           10.2.5.2 Market Forecast
        10.2.6 Indonesia
           10.2.6.1 Market Trends
           10.2.6.2 Market Forecast
        10.2.7 Others
           10.2.7.1 Market Trends
           10.2.7.2 Market Forecast
    10.3    Europe
        10.3.1 Germany
           10.3.1.1 Market Trends
           10.3.1.2 Market Forecast
        10.3.2 France
           10.3.2.1 Market Trends
           10.3.2.2 Market Forecast
        10.3.3 United Kingdom
           10.3.3.1 Market Trends
           10.3.3.2 Market Forecast
        10.3.4 Italy
           10.3.4.1 Market Trends
           10.3.4.2 Market Forecast
        10.3.5 Spain
           10.3.5.1 Market Trends
           10.3.5.2 Market Forecast
        10.3.6 Russia
           10.3.6.1 Market Trends
           10.3.6.2 Market Forecast
        10.3.7 Others
           10.3.7.1 Market Trends
           10.3.7.2 Market Forecast
    10.4    Latin America
        10.4.1 Brazil
           10.4.1.1 Market Trends
           10.4.1.2 Market Forecast
        10.4.2 Mexico
           10.4.2.1 Market Trends
           10.4.2.2 Market Forecast
        10.4.3 Others
           10.4.3.1 Market Trends
           10.4.3.2 Market Forecast
    10.5    Middle East and Africa
        10.5.1 Market Trends
        10.5.2 Market Breakup by Country
        10.5.3 Market Forecast
11    SWOT Analysis
    11.1    Overview
    11.2    Strengths
    11.3    Weaknesses
    11.4    Opportunities
    11.5    Threats
12    Value Chain Analysis
13    Porters Five Forces Analysis

    13.1    Overview
    13.2    Bargaining Power of Buyers
    13.3    Bargaining Power of Suppliers
    13.4    Degree of Competition
    13.5    Threat of New Entrants
    13.6    Threat of Substitutes
14    Price Indicators
15    Competitive Landscape

    15.1    Market Structure
    15.2    Key Players
    15.3    Profiles of Key Players
        15.3.1    Allied Biotech Corporation
           15.3.1.1 Company Overview
           15.3.1.2 Product Portfolio 
           15.3.1.3 Financials 
        15.3.2    BASF SE 
           15.3.2.1 Company Overview
           15.3.2.2 Product Portfolio
           15.3.2.3 Financials 
           15.3.2.4 SWOT Analysis
        15.3.3    Chr. Hansen Holding A/S
           15.3.3.1 Company Overview
           15.3.3.2 Product Portfolio
           15.3.3.3 Financials 
           15.3.3.4 SWOT Analysis
        15.3.4    Cyanotech Corporation
           15.3.4.1 Company Overview
           15.3.4.2 Product Portfolio 
           15.3.4.3 Financials 
           15.3.4.4 SWOT Analysis
        15.3.5    DDW The Color House
           15.3.5.1 Company Overview
           15.3.5.2 Product Portfolio
        15.3.6    Deinove SAS
           15.3.6.1 Company Overview
           15.3.6.2 Product Portfolio
           15.3.6.3 Financials 
        15.3.7    Divi's Laboratories Limited
           15.3.7.1 Company Overview
           15.3.7.2 Product Portfolio 
           15.3.7.3 Financials 
           15.3.7.4 SWOT Analysis
        15.3.8    Döhler Group
           15.3.8.1 Company Overview
           15.3.8.2 Product Portfolio
        15.3.9    Excelvite Sdn. Bhd.
           15.3.9.1 Company Overview
           15.3.9.2 Product Portfolio 
        15.3.10    Kemin Industries
           15.3.10.1 Company Overview
           15.3.10.2 Product Portfolio 
        15.3.11    Lycored Limited
           15.3.11.1 Company Overview
           15.3.11.2 Product Portfolio 
        15.3.12    Naturex SA (Givaudan SA)
           15.3.12.1 Company Overview
           15.3.12.2 Product Portfolio
        15.3.13    Vidya Europe SAS
           15.3.13.1 Company Overview
           15.3.13.2 Product Portfolio
        15.3.14    Zhejiang NHU Co. Ltd.
           15.3.14.1 Company Overview
           15.3.14.2 Product Portfolio 

List of Figures

Figure 1: Global: Carotenoids Market: Major Drivers and Challenges
Figure 2: Global: Carotenoids Market: Sales Value (in Billion US$), 2014-2019
Figure 3: Global: Carotenoids Market: Breakup by Product Type (in %), 2019
Figure 4: Global: Carotenoids Market: Breakup by Source (in %), 2019
Figure 5: Global: Carotenoids Market: Breakup by Formulation (in %), 2019
Figure 6: Global: Carotenoids Market: Breakup by Application (in %), 2019
Figure 7: Global: Carotenoids Market: Breakup by Region (in %), 2019
Figure 8: Global: Carotenoids Market Forecast: Sales Value (in Billion US$), 2020-2025
Figure 9: Global: Carotenoids (Beta-Carotene) Market: Sales Value (in Million US$), 2014 & 2019
Figure 10: Global: Carotenoids (Beta-Carotene) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 11: Global: Carotenoids (Astaxanthin) Market: Sales Value (in Million US$), 2014 & 2019
Figure 12: Global: Carotenoids (Astaxanthin) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 13: Global: Carotenoids (Lutein) Market: Sales Value (in Million US$), 2014 & 2019
Figure 14: Global: Carotenoids (Lutein) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 15: Global: Carotenoids (Lycopene) Market: Sales Value (in Million US$), 2014 & 2019
Figure 16: Global: Carotenoids (Lycopene) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 17: Global: Carotenoids (Zeaxanthin) Market: Sales Value (in Million US$), 2014 & 2019
Figure 18: Global: Carotenoids (Zeaxanthin) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 19: Global: Carotenoids (Canthaxanthin) Market: Sales Value (in Million US$), 2014 & 2019
Figure 20: Global: Carotenoids (Canthaxanthin) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 21: Global: Carotenoids (Other Product Types) Market: Sales Value (in Million US$), 2014 & 2019
Figure 22: Global: Carotenoids (Other Product Types) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 23: Global: Carotenoids (Synthetic) Market: Sales Value (in Million US$), 2014 & 2019
Figure 24: Global: Carotenoids (Synthetic) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 25: Global: Carotenoids (Natural) Market: Sales Value (in Million US$), 2014 & 2019
Figure 26: Global: Carotenoids (Natural) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 27: Global: Carotenoids (Oil Suspension) Market: Sales Value (in Million US$), 2014 & 2019
Figure 28: Global: Carotenoids (Oil Suspension) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 29: Global: Carotenoids (Powder) Market: Sales Value (in Million US$), 2014 & 2019
Figure 30: Global: Carotenoids (Powder) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 31: Global: Carotenoids (Emulsion) Market: Sales Value (in Million US$), 2014 & 2019
Figure 32: Global: Carotenoids (Emulsion) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 33: Global: Carotenoids (Others) Market: Sales Value (in Million US$), 2014 & 2019
Figure 34: Global: Carotenoids (Others) Market Forecast: Sales Value (in Million US$), 2020-2025

Figure 35: Global: Carotenoids (Animal Feed) Market: Sales Value (in Million US$), 2014 & 2019
Figure 36: Global: Carotenoids (Animal Feed) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 37: Global: Carotenoids (Dietary Supplements) Market: Sales Value (in Million US$), 2014 & 2019
Figure 38: Global: Carotenoids (Dietary Supplements) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 39: Global: Carotenoids (Food and Beverages) Market: Sales Value (in Million US$), 2014 & 2019
Figure 40: Global: Carotenoids (Food and Beverages) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 41: Global: Carotenoids (Cosmetics) Market: Sales Value (in Million US$), 2014 & 2019
Figure 42: Global: Carotenoids (Cosmetics) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 43: Global: Carotenoids (Others) Market: Sales Value (in Million US$), 2014 & 2019
Figure 44: Global: Carotenoids (Others) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 45: North America: Carotenoids Market: Sales Value (in Million US$), 2014 & 2019
Figure 46: North America: Carotenoids Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 47: United States: Carotenoids Market: Sales Value (in Million US$), 2014 & 2019
Figure 48: United States: Carotenoids Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 49: Canada: Carotenoids Market: Sales Value (in Million US$), 2014 & 2019
Figure 50: Canada: Carotenoids Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 51: Asia Pacific: Carotenoids Market: Sales Value (in Million US$), 2014 & 2019
Figure 52: Asia Pacific: Carotenoids Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 53: China: Carotenoids Market: Sales Value (in Million US$), 2014 & 2019
Figure 54: China: Carotenoids Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 55: Japan: Carotenoids Market: Sales Value (in Million US$), 2014 & 2019
Figure 56: Japan: Carotenoids Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 57: India: Carotenoids Market: Sales Value (in Million US$), 2014 & 2019
Figure 58: India: Carotenoids Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 59: South Korea: Carotenoids Market: Sales Value (in Million US$), 2014 & 2019
Figure 60: South Korea: Carotenoids Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 61: Australia: Carotenoids Market: Sales Value (in Million US$), 2014 & 2019
Figure 62: Australia: Carotenoids Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 63: Indonesia: Carotenoids Market: Sales Value (in Million US$), 2014 & 2019
Figure 64: Indonesia: Carotenoids Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 65: Others: Carotenoids Market: Sales Value (in Million US$), 2014 & 2019
Figure 66: Others: Carotenoids Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 67: Europe: Carotenoids Market: Sales Value (in Million US$), 2014 & 2019
Figure 68: Europe: Carotenoids Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 69: Germany: Carotenoids Market: Sales Value (in Million US$), 2014 & 2019
Figure 70: Germany: Carotenoids Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 71: France: Carotenoids Market: Sales Value (in Million US$), 2014 & 2019
Figure 72: France: Carotenoids Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 73: United Kingdom: Carotenoids Market: Sales Value (in Million US$), 2014 & 2019
Figure 74: United Kingdom: Carotenoids Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 75: Italy: Carotenoids Market: Sales Value (in Million US$), 2014 & 2019
Figure 76: Italy: Carotenoids Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 77: Spain: Carotenoids Market: Sales Value (in Million US$), 2014 & 2019
Figure 78: Spain: Carotenoids Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 79: Russia: Carotenoids Market: Sales Value (in Million US$), 2014 & 2019
Figure 80: Russia: Carotenoids Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 81: Others: Carotenoids Market: Sales Value (in Million US$), 2014 & 2019
Figure 82: Others: Carotenoids Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 83: Latin America: Carotenoids Market: Sales Value (in Million US$), 2014 & 2019
Figure 84: Latin America: Carotenoids Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 85: Brazil: Carotenoids Market: Sales Value (in Million US$), 2014 & 2019
Figure 86: Brazil: Carotenoids Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 87: Mexico: Carotenoids Market: Sales Value (in Million US$), 2014 & 2019
Figure 88: Mexico: Carotenoids Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 89: Others: Carotenoids Market: Sales Value (in Million US$), 2014 & 2019
Figure 90: Others: Carotenoids Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 91: Middle East and Africa: Carotenoids Market: Sales Value (in Million US$), 2014 & 2019
Figure 92: Middle East and Africa: Carotenoids Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 93: Global: Carotenoids Industry: SWOT Analysis
Figure 94: Global: Carotenoids Industry: Value Chain Analysis
Figure 95: Global: Carotenoids Industry: Porter’s Five Forces Analysis

List of Tables

Table 1: Global: Carotenoids Market: Key Industry Highlights, 2019 and 2025
Table 2: Global: Carotenoids Market Forecast: Breakup by Product Type (in Million US$), 2020-2025
Table 3: Global: Carotenoids Market Forecast: Breakup by Source (in Million US$), 2020-2025
Table 4: Global: Carotenoids Market Forecast: Breakup by Formulation (in Million US$), 2020-2025
Table 5: Global: Carotenoids Market Forecast: Breakup by Application (in Million US$), 2020-2025
Table 6: Global: Carotenoids Market Forecast: Breakup by Region (in Million US$), 2020-2025
Table 7: Global: Carotenoids Market Structure
Table 8: Global: Carotenoids Market: Key Players

Note: We value your privacy and will never rent or sell your email address. Privacy policy

Purchase Options




$ 2299

REACH OUT TO US

Call us on

( US: +1-631-791-1145 )
( UK: +44-702-409-7331 )
( India: +91-120-433-0800 )


Drop us an email at

sales@imarcgroup.com

Social Links