Natural Carotenoids Market (Updated Version Available)

This report focuses on Natural Carotenoids. Carotenoids, also called tetraterpenoids, are organic pigments that are produced by plants and algae, as well as several bacteria and fungi. Carotenoids give the characteristic color to carrots, corn, canaries, and daffodils, as well as egg yolks, rutabagas, buttercups, and bananas. Carotenoids can be produced from fats and other basic organic metabolic building blocks by all these organisms. Carotenoids from the diet are stored in the fatty tissues of animals, and exclusively carnivorous animals obtain the compounds from animal fat. There are over 600 known carotenoids, mainly included Beta -carotene, Lutein, lycopene, astaxanthin, canthaxanthin, lutein, carmine, capsaicin, fucoidin, etc.
Natural Carotenoids downstream is wide and recently Natural Carotenoids has acquired increasing significance in various fields of Food, Feed, Pharmaceuticals, Cosmetics and others. Globally, the Natural Carotenoids market is mainly driven by growing demand for Food and Feed. Food and Feed account for nearly 80.00% of total downstream consumption of Natural Carotenoids in global.
Global market is expected to witness significant growth on account of rising applications, so in the next few years, Natural Carotenoids consumption will show a trend of steady growth. In 2024 the consumption of Natural Carotenoids is estimated to be 2699.8 MT. On product prices, the slow downward trend in recent years will maintain in the future.
Global Natural Carotenoids market size will increase to 1040 Million US$ by 2026, from 750 Million US$ in 2020, at a CAGR of 4.1% during the forecast period. In this study, 2020 has been considered as the base year and 2021 to 2026 as the forecast period to estimate the market size for Natural Carotenoids.

This report covers the present status and the future prospects of the global Natural Carotenoids market for 2015-2026.
The report offers detailed coverage of Natural Carotenoids industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Natural Carotenoids by geography. The report splits the market size, by volume and value, on the basis of application type and geography.

And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].

Key Companies
DSM, Allied Biotech, Chenguang Biotech, FMC, Kemin, Oryza Oil & Fat Chemical, PoliNat, Amicogen, Nutraceuticals, Yigeda Bio-Technology, Dohler, Cyanotech, Fuji, Carotech, DDW, Excelvite, AnHui Wisdom, Tian Yin

Market Segment as follows:
Market by Order Type

Astaxanthin
Beta-Carotene
Fucoxanthin
Lutein
Canthaxanthin
Lycopene
Other
Natural Carotenoids Breakdown Data by Application
Food
Feed
Pharmaceuticals
Cosmetics
Other

Natural Carotenoids Production market while maintaining their competitive edge over their competitors. The report offers detailed and crucial information to understand the overall market scenario.

By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]

The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Natural Carotenoids market for the forecast period 2021 - 2026?
• What are the driving forces in the Natural Carotenoids market for the forecast period 2021 - 2026?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Natural Carotenoids industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?

Note – In order to provide more accurate market forecast, all our reports will be updated before delivery by considering the impact of COVID-19.