Carotenoids Market by Type (Astaxanthin, Beta-Carotene, Lutein, Lycopene, Canthaxanthin, Zeaxanthin), Formulations (Oil Suspension, Powder, Beadlet, and Emulsion), Source (Natural And Synthetic), Application and Region - Global Forecast to 2029
The global market for Carotenoids is estimated at USD 2.5 billion in 2024 and is projected to reach USD 3.4 billion by 2029, at a CAGR of 6.3% during the forecast period. Shifting consumer preferences towards organic and sustainably produced food products are further fueling the demand for carotenoids. People utilize various types of carotenoids for their diverse array of health benefits and functional properties. Some carotenoids, like ?-carotene, are valued for their role as precursors to vitamin A, essential for vision and immune function. Others, such as lutein and zeaxanthin, are prized for their antioxidant properties, which help protect cells from damage caused by free radicals. Additionally, astaxanthin is sought after for its potential anti-inflammatory, skin-protective effects and feed use. Overall, the combination of increasing demand, growth of feed industry, changing consumer preferences, and supportive government policies is driving the growth of the carotenoids market, with promising prospects for further expansion in the future.
“Strong demand for carotenoids in dietary supplements.”
Carotenoids play a pivotal role in dietary supplements, offering a multitude of health benefits and contributing to overall well-being. As potent antioxidants, carotenoids such as beta-carotene, lutein, and lycopene help neutralize harmful free radicals, reducing the risk of chronic diseases like cancer and heart disease. Additionally, carotenoids like astaxanthin and zeaxanthin support eye health, protecting against age-related macular degeneration and improving visual acuity. The increasing awareness of preventive healthcare and the pursuit of healthy lifestyles have fueled the demand for dietary supplements globally. As people seek convenient ways to bolster their nutritional intake, the use of carotenoids in dietary supplements continues to rise, offering consumers a convenient and effective means to support their health and well-being.
“Astaxanthin is dominating in the Carotenoids market within the type segment. “
The astaxanthin market is experiencing robust growth due to its versatile applications and associated health benefits. As a potent antioxidant, astaxanthin finds extensive use in dietary supplements, cosmetics, and animal feed industries. Its ability to combat oxidative stress and inflammation, support cardiovascular health, and enhance skin appearance drives its popularity among consumers. Moreover, the rising demand for natural alternatives to synthetic additives in food and cosmetics further propels market expansion. Additionally, the increasing adoption of astaxanthin in aquaculture to improve the pigmentation and health of farmed fish contributes significantly to market growth, fueling its upward trajectory.
“Within the formulation segment of Carotenoids market, beadlet has highest market share during the forecast period.”
In the formulation segment of the Carotenoids market, the beadlet form is anticipated to witness continuous growth throughout the forecast period. This trend can be attributed to several factors driving the preference for beadlet over other forms of formulations. Beadlets represent the predominant formulation for delivering carotenoids, characterized by spherical granules ranging from 500 to 2000 µm in size, featuring uniform distribution. Their multi particulate nature offers notable technological advantages over conventional solid dosage forms. Produced through spray drying or starch catching drying methods, beadlet formulations exhibit facile solubility in cold water, rendering them particularly suitable for incorporation into food and beverage products and dietary supplements. With proper storage and packaging, carotenoid beadlets maintain a shelf life of approximately two years. This technology enables the incorporation of delicate ingredients into supplements, shielding them from the formulation stress associated with tablet compression, while also enhancing stability and shelf life.
“The Carotenoids market in Asia Pacific is anticipated to maintain highest CAGR throughout the forecast period.”
The anticipated consistent growth of the Carotenoids market in Asia Pacific can be attributed to several factors. The economic expansion across the Asia Pacific region has spurred urbanization and industrialization, leading to varying levels of carotenoid consumption in different countries. Research indicates that the feed industry represents the largest consumer of carotenoids, followed by health supplements. Factors driving this trend include consumer preferences for healthy foods and the escalating demand for meat and seafood. China emerges as the primary consumer of carotenoids in the region, trailed by Japan and India. The burgeoning pharmaceutical sector in countries like China, India, and Japan further propels the carotenoid market. Increasing meat production, particularly in China and India, is fueling demand for carotenoids to enhance feed quality and improve livestock health. These compounds not only boost the nutritional value of feed but also contribute to cost reduction and meat quality enhancement. Carotenoids play a crucial role in fortifying animal diets, thereby meeting the escalating demand for pork and poultry products in the region. This combination of factors is likely to sustain the growth trajectory of the Carotenoids market in Asia Pacific over the forecast period.
The Break-up of Primaries:
By Value Chain Side: Demand Side – 41% and Supply Side – 59%
By Designation: CXOs – 31%, Managers – 24%, Executives – 45%
By Region: North America – 25%, Europe – 25%, APAC – 25%, South America – 15%, and Middle East and Africa - 10%
Key players in this market include DSM (Netherlands), BASF SE (Germany), Cyanotech Corporation (US), Givaudan (Switzerland), ADM (US), NHU (China), Divi's Laboratories Limited (India), Allied Biotech Corporation (Taiwan), Lycored (US), Kemin Industries, Inc. (US), Fuji Chemical Industries Co., Ltd. (Japan), EW Nutrition (Germany), Dцhler GmbH (Germany), ExcelVite (Malaysia) and Farbest Brands (US).
Research Coverage:
The report segments the carotenoids market based on type, formulation, application, source, and region. In terms of insights, this report has focused on various levels of analyses—the competitive landscape, end-use analysis, and company profiles, which together comprise and discuss views on the emerging & high-growth segments of the carotenoids market, high-growth regions, countries, government initiatives, drivers, restraints, opportunities, and challenges. A detailed analysis of the key industry players has been done to provide insights into their business overview, solutions, services, key strategies, contracts, partnerships, and agreements. New product launches, mergers and acquisitions, and recent developments associated with the carotenoids market. Competitive analysis of upcoming startups in the Carotenoids market ecosystem is covered in this report.
Reasons to buy this report:
The report will help the market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall carotenoids market and the subsegments. This report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and plan suitable go-to-market strategies. The report also helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, challenges, and opportunities. The report provides insights on the following pointers:
“Strong demand for carotenoids in dietary supplements.”
Carotenoids play a pivotal role in dietary supplements, offering a multitude of health benefits and contributing to overall well-being. As potent antioxidants, carotenoids such as beta-carotene, lutein, and lycopene help neutralize harmful free radicals, reducing the risk of chronic diseases like cancer and heart disease. Additionally, carotenoids like astaxanthin and zeaxanthin support eye health, protecting against age-related macular degeneration and improving visual acuity. The increasing awareness of preventive healthcare and the pursuit of healthy lifestyles have fueled the demand for dietary supplements globally. As people seek convenient ways to bolster their nutritional intake, the use of carotenoids in dietary supplements continues to rise, offering consumers a convenient and effective means to support their health and well-being.
“Astaxanthin is dominating in the Carotenoids market within the type segment. “
The astaxanthin market is experiencing robust growth due to its versatile applications and associated health benefits. As a potent antioxidant, astaxanthin finds extensive use in dietary supplements, cosmetics, and animal feed industries. Its ability to combat oxidative stress and inflammation, support cardiovascular health, and enhance skin appearance drives its popularity among consumers. Moreover, the rising demand for natural alternatives to synthetic additives in food and cosmetics further propels market expansion. Additionally, the increasing adoption of astaxanthin in aquaculture to improve the pigmentation and health of farmed fish contributes significantly to market growth, fueling its upward trajectory.
“Within the formulation segment of Carotenoids market, beadlet has highest market share during the forecast period.”
In the formulation segment of the Carotenoids market, the beadlet form is anticipated to witness continuous growth throughout the forecast period. This trend can be attributed to several factors driving the preference for beadlet over other forms of formulations. Beadlets represent the predominant formulation for delivering carotenoids, characterized by spherical granules ranging from 500 to 2000 µm in size, featuring uniform distribution. Their multi particulate nature offers notable technological advantages over conventional solid dosage forms. Produced through spray drying or starch catching drying methods, beadlet formulations exhibit facile solubility in cold water, rendering them particularly suitable for incorporation into food and beverage products and dietary supplements. With proper storage and packaging, carotenoid beadlets maintain a shelf life of approximately two years. This technology enables the incorporation of delicate ingredients into supplements, shielding them from the formulation stress associated with tablet compression, while also enhancing stability and shelf life.
“The Carotenoids market in Asia Pacific is anticipated to maintain highest CAGR throughout the forecast period.”
The anticipated consistent growth of the Carotenoids market in Asia Pacific can be attributed to several factors. The economic expansion across the Asia Pacific region has spurred urbanization and industrialization, leading to varying levels of carotenoid consumption in different countries. Research indicates that the feed industry represents the largest consumer of carotenoids, followed by health supplements. Factors driving this trend include consumer preferences for healthy foods and the escalating demand for meat and seafood. China emerges as the primary consumer of carotenoids in the region, trailed by Japan and India. The burgeoning pharmaceutical sector in countries like China, India, and Japan further propels the carotenoid market. Increasing meat production, particularly in China and India, is fueling demand for carotenoids to enhance feed quality and improve livestock health. These compounds not only boost the nutritional value of feed but also contribute to cost reduction and meat quality enhancement. Carotenoids play a crucial role in fortifying animal diets, thereby meeting the escalating demand for pork and poultry products in the region. This combination of factors is likely to sustain the growth trajectory of the Carotenoids market in Asia Pacific over the forecast period.
The Break-up of Primaries:
By Value Chain Side: Demand Side – 41% and Supply Side – 59%
By Designation: CXOs – 31%, Managers – 24%, Executives – 45%
By Region: North America – 25%, Europe – 25%, APAC – 25%, South America – 15%, and Middle East and Africa - 10%
Key players in this market include DSM (Netherlands), BASF SE (Germany), Cyanotech Corporation (US), Givaudan (Switzerland), ADM (US), NHU (China), Divi's Laboratories Limited (India), Allied Biotech Corporation (Taiwan), Lycored (US), Kemin Industries, Inc. (US), Fuji Chemical Industries Co., Ltd. (Japan), EW Nutrition (Germany), Dцhler GmbH (Germany), ExcelVite (Malaysia) and Farbest Brands (US).
Research Coverage:
The report segments the carotenoids market based on type, formulation, application, source, and region. In terms of insights, this report has focused on various levels of analyses—the competitive landscape, end-use analysis, and company profiles, which together comprise and discuss views on the emerging & high-growth segments of the carotenoids market, high-growth regions, countries, government initiatives, drivers, restraints, opportunities, and challenges. A detailed analysis of the key industry players has been done to provide insights into their business overview, solutions, services, key strategies, contracts, partnerships, and agreements. New product launches, mergers and acquisitions, and recent developments associated with the carotenoids market. Competitive analysis of upcoming startups in the Carotenoids market ecosystem is covered in this report.
Reasons to buy this report:
The report will help the market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall carotenoids market and the subsegments. This report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and plan suitable go-to-market strategies. The report also helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, challenges, and opportunities. The report provides insights on the following pointers:
- Analysis of key drivers (carotenoids are beneficial in preventive healthcare, increasing use of natural carotenoids as food colorants, the growth of the end-user industries is projected to drive the demand for carotenoids, innovative technologies for the extraction of carotenoids, & increase in consumer preference for organic products), restraints (Stringent regulatory norms are projected to hamper the market growth & Risks associated with high doses of carotenoids) opportunities (opportunity to expand in the high-growth potential markets such as developing countries from Asia Pacific and South America region, expanding scope of research within the feed industry & safety reassessment of synthetic food colors), and challenges (difficulty in meeting the requisite quality standards & high production costs restrict the entry of smaller players).
- Product Development/Innovation: Detailed insights on research & development activities and new product launches in the carotenoids market.
- Market Development: Comprehensive information about lucrative markets – the report analyses the carotenoids market across varied regions.
- Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the carotenoids market.
- Competitive Assessment: In-depth assessment of market shares, growth strategies, and product offerings of leading players like DSM (Netherlands), BASF SE (Germany), Cyanotech Corporation (US), Givaudan (Switzerland), ADM (US), NHU (China), Divi's Laboratories Limited (India), Allied Biotech Corporation (Taiwan), Lycored (US), Kemin Industries, Inc. (US), Fuji Chemical Industries Co., Ltd. (Japan), EW Nutrition (Germany), Dцhler GmbH (Germany), ExcelVite (Malaysia), Farbest Brands (US), Solabia Group (France), VIDYA EUROPE SAS (France), AROMATAGROUP SRL CON SOCIO UNICO (Italy), Valensa International (US), BGG World (China), Kalsec Inc. (US), Ambe Phytoextracts Pvt. Ltd. (India), Vidya Herbs Pvt. Ltd. (India), ASTAMAZ NZ LTD. (New Zealand), Xiamen Sinoway Co., Ltd. (China).
1 INTRODUCTION
1.1 STUDY OBJECTIVES
1.2 MARKET DEFINITION
1.3 STUDY SCOPE
1.3.1 MARKETS COVERED
FIGURE 1 CAROTENOIDS MARKET SEGMENTATION
1.3.2 REGIONS COVERED
1.3.3 YEARS CONSIDERED
1.4 CURRENCY CONSIDERED
TABLE 1 USD EXCHANGE RATES, 2020–2023
1.5 UNIT CONSIDERED
1.6 STAKEHOLDERS
1.7 SUMMARY OF CHANGES
2 RESEARCH METHODOLOGY
2.1 RESEARCH DATA
FIGURE 2 CAROTENOIDS MARKET: RESEARCH DESIGN
2.1.1 SECONDARY DATA
2.1.1.1 Key data from secondary sources
2.1.2 PRIMARY DATA
FIGURE 3 KEY DATA FROM PRIMARY SOURCES
2.1.2.1 Key industry insights
FIGURE 4 BREAKDOWN OF PRIMARY INTERVIEWS
2.2 MARKET SIZE ESTIMATION
2.2.1 BOTTOM-UP APPROACH
FIGURE 5 DEMAND-SIDE ANALYSIS
2.2.2 TOP-DOWN APPROACH
2.2.2.1 Approach to estimate market size using top-down analysis
FIGURE 6 MARKET SIZE ESTIMATION STEPS
FIGURE 7 SUPPLY-SIDE ANALYSIS
2.3 DATA TRIANGULATION
FIGURE 8 DATA TRIANGULATION
2.4 RESEARCH ASSUMPTIONS
2.5 RESEARCH LIMITATIONS
2.6 RECESSION IMPACT
2.6.1 MACRO INDICATORS
FIGURE 9 RECESSION INDICATORS
FIGURE 10 GLOBAL INFLATION RATE, 2011–2022
FIGURE 11 GLOBAL GDP, 2011–2022 (USD TRILLION)
FIGURE 12 RECESSION INDICATORS AND THEIR IMPACT ON MARKET
3 EXECUTIVE SUMMARY
TABLE 2 CAROTENOIDS MARKET SNAPSHOT, 2024 VS. 2029
FIGURE 13 ASTAXANTHIN SEGMENT TO LEAD MARKET DURING FORECAST PERIOD
FIGURE 14 BEADLET SEGMENT TO DOMINATE MARKET DURING FORECAST PERIOD
FIGURE 15 SYNTHETIC SEGMENT TO HAVE LARGEST MARKET SHARE DURING FORECAST PERIOD
FIGURE 16 ANIMAL FEED SEGMENT TO HOLD LARGEST MARKET SHARE DURING FORECAST PERIOD
FIGURE 17 NORTH AMERICA TO ACCOUNT FOR LARGEST MARKET SHARE DURING FORECAST PERIOD
FIGURE 18 CAROTENOIDS MARKET: EARLIER FORECAST VS. RECESSION FORECAST
4 PREMIUM INSIGHTS
4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN CAROTENOIDS MARKET
FIGURE 19 INCREASING AWARENESS TOWARD HEALTH AND ORGANIC FOOD PRODUCTS TO DRIVE MARKET
4.2 EUROPE: CAROTENOIDS MARKET, BY TYPE AND COUNTRY
FIGURE 20 LUTEIN SEGMENT AND FRANCE TO ACCOUNT FOR LARGEST SHARES IN EUROPEAN MARKET IN 2024
4.3 CAROTENOIDS MARKET, BY COUNTRY
FIGURE 21 US TO ACCOUNT FOR LARGEST MARKET SHARE IN 2024
4.4 CAROTENOIDS MARKET, BY TYPE AND REGION
FIGURE 22 ASTAXANTHIN TO HOLD LARGEST MARKET SHARE DURING FORECAST PERIOD
4.5 CAROTENOIDS MARKET, BY FORMULATION AND REGION
FIGURE 23 BEADLET SEGMENT TO LEAD MARKET DURING FORECAST PERIOD
4.6 CAROTENOIDS MARKET, BY SOURCE AND REGION
FIGURE 24 SYNTHETIC SOURCE TO ACCOUNT FOR LARGER MARKET SHARE DURING FORECAST PERIOD
4.7 CAROTENOIDS MARKET, BY APPLICATION AND REGION
FIGURE 25 ANIMAL FEED SEGMENT TO DOMINATE MARKET DURING FORECAST PERIOD
5 MARKET OVERVIEW
5.1 INTRODUCTION
5.2 MACROECONOMIC INDICATORS
5.2.1 GLOBAL HEALTH AND WELLNESS MARKET
FIGURE 26 GLOBAL WELLNESS INDUSTRY, BY TYPE, 2022
5.3 MARKET DYNAMICS
FIGURE 27 CAROTENOIDS MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES
5.3.1 DRIVERS
5.3.1.1 Increasing applications of carotenoids in preventive healthcare
TABLE 3 SOURCES OF CAROTENOIDS AND THEIR MEDICINAL PROPERTIES
5.3.1.2 Growing trend toward natural and clean label ingredients
FIGURE 28 US: FACTORS DRIVING CLEAN LABEL PURCHASES, 2021
5.3.1.3 Surge in applications in pharmaceuticals and cosmetics
5.3.1.4 Rise in innovative technologies for extracting carotenoids
5.3.1.5 Increasing consumer preference for organic products
FIGURE 29 ORGANIC FOOD & BEVERAGES MARKET, 2021 (USD BILLION)
5.3.2 RESTRAINTS
5.3.2.1 Low water solubility and stability
5.3.2.2 Risks associated with high dosage
5.3.3 OPPORTUNITIES
5.3.3.1 Booming dietary supplements and food & beverages markets
5.3.3.2 Expanding scope of research in feed industry
5.3.3.3 Growing inclination toward safety reassessment of synthetic food colors
5.3.4 CHALLENGES
5.3.4.1 Stringent quality standards
5.3.4.2 High production costs
6 INDUSTRY TRENDS
6.1 INTRODUCTION
6.2 VALUE CHAIN ANALYSIS
FIGURE 30 VALUE CHAIN ANALYSIS
6.3 TRADE ANALYSIS
TABLE 4 EUROPEAN UNION: IMPORT AND EXPORT VOLUME OF COLORING MATTER OF VEGETABLE OR ANIMAL ORIGIN, 2023 (KG)
TABLE 5 EUROPEAN UNION: IMPORT AND EXPORT VOLUME OF COLORING MATTER OF VEGETABLE OR ANIMAL ORIGIN, 2022 (KG)
TABLE 6 EUROPEAN UNION: IMPORT AND EXPORT VOLUME OF COLORING MATTER OF VEGETABLE OR ANIMAL ORIGIN, 2021 (KG)
6.4 TECHNOLOGY ANALYSIS
6.4.1 CAROTENOIDS AND MICROENCAPSULATION
6.4.2 ARTIFICIAL INTELLIGENCE AND MACHINE LEARNING
6.5 PRICING ANALYSIS
6.5.1 AVERAGE SELLING PRICE TREND OF KEY PLAYERS, BY TYPE
FIGURE 31 AVERAGE SELLING PRICE TREND OF KEY PLAYERS, BY TYPE, 2023 (USD/TONS)
TABLE 7 AVERAGE SELLING PRICE TREND OF KEY PLAYERS, BY TYPE, 2023 (USD/TONS)
6.5.2 AVERAGE SELLING PRICE TREND, BY REGION
FIGURE 32 AVERAGE SELLING PRICE TREND, BY REGION, 2020–2023 (USD/TONS)
TABLE 8 AVERAGE SELLING PRICE TREND, BY REGION, 2020–2023 (USD/TONS)
6.5.3 AVERAGE SELLING PRICE TREND, BY TYPE
FIGURE 33 AVERAGE SELLING PRICE TREND, BY TYPE, 2020–2023 (USD/TONS)
TABLE 9 AVERAGE SELLING PRICE TREND, BY TYPE, 2020–2023 (USD/TONS)
6.6 ECOSYSTEM ANALYSIS
FIGURE 34 ECOSYSTEM ANALYSIS
TABLE 10 ROLE OF COMPANIES IN ECOSYSTEM
6.6.1 UPSTREAM
6.6.1.1 Ingredient manufacturers
6.6.1.2 Technology providers
6.6.1.3 End users
6.6.2 DOWNSTREAM
6.6.2.1 Regulatory bodies
6.6.2.2 Startups/emerging companies
6.7 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS
FIGURE 35 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS
6.8 PATENT ANALYSIS
FIGURE 36 PATENT ANALYSIS
FIGURE 37 JURISDICTIONS WITH HIGHEST PATENT APPROVALS FOR CAROTENOIDS, 2013–2023
TABLE 11 INNOVATIONS AND PATENT REGISTRATIONS, 2023–2024
6.9 KEY CONFERENCES AND EVENTS
TABLE 12 KEY CONFERENCES AND EVENTS, 2024–2025
6.10 PORTER’S FIVE FORCES ANALYSIS
TABLE 13 IMPACT OF PORTER’S FIVE FORCES
FIGURE 38 CAROTENOIDS MARKET: PORTER’S FIVE FORCES ANALYSIS
6.10.1 INTENSITY OF COMPETITIVE RIVALRY
6.10.2 BARGAINING POWER OF SUPPLIERS
6.10.3 BARGAINING POWER OF BUYERS
6.10.4 THREAT OF NEW ENTRANTS
6.10.5 THREAT OF SUBSTITUTES
6.11 REGULATORY LANDSCAPE
6.11.1 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 14 NORTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 15 EUROPE: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 16 ASIA PACIFIC: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 17 SOUTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 18 REST OF THE WORLD: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
6.11.2 NORTH AMERICA
6.11.2.1 US
6.11.2.2 Canada
6.11.2.3 Mexico
6.11.3 EUROPEAN UNION
6.11.4 ASIA PACIFIC
6.11.4.1 China
6.11.4.2 India
6.11.5 SOUTH AMERICA
6.11.5.1 Brazil
6.11.6 REST OF THE WORLD
6.11.6.1 South Africa
6.12 KEY STAKEHOLDERS AND BUYING CRITERIA
6.12.1 KEY STAKEHOLDERS IN BUYING PROCESS
TABLE 19 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP 3 APPLICATIONS (%)
6.12.2 BUYING CRITERIA
FIGURE 40 KEY BUYING CRITERIA FOR TOP 3 APPLICATIONS
TABLE 20 KEY BUYING CRITERIA FOR TOP 3 APPLICATIONS
6.13 CASE STUDY ANALYSIS
6.13.1 USE OF ARTIFICIAL INTELLIGENCE AND MACHINE LEARNING TO MEET DEMAND FOR FUNCTIONAL FOODS
6.13.2 MANUFACTURING OF PLANT-BASED BARS FOR IMPROVED MENTAL HEALTH
6.13.3 INVESTIGATING EFFICACY OF LYCODERM TO ENHANCING SKIN RESILIENCE
6.14 INVESTMENT AND FUNDING SCENARIO
FIGURE 41 INVESTMENT AND FUNDING SCENARIO, 2019–2024 (USD MILLION)
7 CAROTENOIDS MARKET, BY TYPE
7.1 INTRODUCTION
FIGURE 42 CAROTENOIDS MARKET, BY TYPE, 2024 VS. 2029 (USD MILLION)
TABLE 21 CAROTENOIDS MARKET, BY TYPE, 2020–2023 (USD MILLION)
TABLE 22 CAROTENOIDS MARKET, BY TYPE, 2024–2029 (USD MILLION)
TABLE 23 CAROTENOIDS MARKET, BY TYPE, 2020–2023 (TONS)
TABLE 24 CAROTENOIDS MARKET, BY TYPE, 2024–2029 (TONS)
7.2 BETA-CAROTENE
7.2.1 INCREASING USE AS NATURAL COLORANT TO DRIVE MARKET
TABLE 25 BETA-CAROTENE: CAROTENOIDS MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 26 BETA-CAROTENE: CAROTENOIDS MARKET, BY REGION, 2024–2029 (USD MILLION)
TABLE 27 BETA-CAROTENE: CAROTENOIDS MARKET, BY REGION, 2020–2023 (TONS)
TABLE 28 BETA-CAROTENE: CAROTENOIDS MARKET, BY REGION, 2024–2029 (TONS)
7.3 ASTAXANTHIN
7.3.1 GROWING ADOPTION IN FEED, DIETARY SUPPLEMENTS, AND COSMETIC INDUSTRIES TO DRIVE MARKET
TABLE 29 ASTAXANTHIN: CAROTENOIDS MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 30 ASTAXANTHIN: CAROTENOIDS MARKET, BY REGION, 2024–2029 (USD MILLION)
TABLE 31 ASTAXANTHIN: CAROTENOIDS MARKET, BY REGION, 2020–2023 (TONS)
TABLE 32 ASTAXANTHIN: CAROTENOIDS MARKET, BY REGION, 2024–2029 (TONS)
7.4 LUTEIN
7.4.1 RISING ACCEPTABILITY IN TREATING EYE DISEASES TO DRIVE MARKET
TABLE 33 LUTEIN: CAROTENOIDS MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 34 LUTEIN: CAROTENOIDS MARKET, BY REGION, 2024–2029 (USD MILLION)
TABLE 35 LUTEIN: CAROTENOIDS MARKET, BY REGION, 2020–2023 (TONS)
TABLE 36 LUTEIN: CAROTENOIDS MARKET, BY REGION, 2024–2029 (TONS)
7.5 LYCOPENE
7.5.1 INCREASING AWARENESS ABOUT ANTIOXIDANT HEALTH BENEFITS TO DRIVE MARKET
TABLE 37 LYCOPENE: CAROTENOIDS MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 38 LYCOPENE: CAROTENOIDS MARKET, BY REGION, 2024–2029 (USD MILLION)
TABLE 39 LYCOPENE: CAROTENOIDS MARKET, BY REGION, 2020–2023 (TONS)
TABLE 40 LYCOPENE: CAROTENOIDS MARKET, BY REGION, 2024–2029 (TONS)
7.6 ZEAXANTHIN
7.6.1 GROWING DEMAND IN POULTRY FEED TO DRIVE MARKET
TABLE 41 ZEAXANTHIN: CAROTENOIDS MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 42 ZEAXANTHIN: CAROTENOIDS MARKET, BY REGION, 2024–2029 (USD MILLION)
TABLE 43 ZEAXANTHIN: CAROTENOIDS MARKET, BY REGION, 2020–2023 (TONS)
TABLE 44 ZEAXANTHIN: CAROTENOIDS MARKET, BY REGION, 2024–2029 (TONS)
7.7 CANTHAXANTHIN
7.7.1 SURGE IN LIVESTOCK POPULATION TO DRIVE MARKET
TABLE 45 CANTHAXANTHIN: CAROTENOIDS MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 46 CANTHAXANTHIN: CAROTENOIDS MARKET, BY REGION, 2024–2029 (USD MILLION)
TABLE 47 CANTHAXANTHIN: CAROTENOIDS MARKET, BY REGION, 2020–2023 (TONS)
TABLE 48 CANTHAXANTHIN: CAROTENOIDS MARKET, BY REGION, 2024–2029 (TONS)
7.8 OTHER TYPES
TABLE 49 OTHER TYPES: CAROTENOIDS MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 50 OTHER TYPES: CAROTENOIDS MARKET, BY REGION, 2024–2029 (USD MILLION)
TABLE 51 OTHER TYPES: CAROTENOIDS MARKET, BY REGION, 2020–2023 (TONS)
TABLE 52 OTHER TYPES: CAROTENOIDS MARKET, BY REGION, 2024–2029 (TONS)
8 CAROTENOIDS MARKET, BY APPLICATION
8.1 INTRODUCTION
FIGURE 43 CAROTENOIDS MARKET, BY APPLICATION, 2024 VS. 2029 (USD MILLION)
TABLE 53 CAROTENOIDS MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
TABLE 54 CAROTENOIDS MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
TABLE 55 CAROTENOIDS MARKET, BY APPLICATION, 2020–2023 (TONS)
TABLE 56 CAROTENOIDS MARKET, BY APPLICATION, 2024–2029 (TONS)
8.2 ANIMAL FEED
8.2.1 GROWING ADOPTION DUE TO DISEASE RESISTANCE AND COLOR-ENHANCING PROPERTIES TO DRIVE MARKET
TABLE 57 ANIMAL FEED: CAROTENOIDS MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 58 ANIMAL FEED: CAROTENOIDS MARKET, BY REGION, 2024–2029 (USD MILLION)
TABLE 59 ANIMAL FEED: CAROTENOIDS MARKET, BY REGION, 2020–2023 (TONS)
TABLE 60 ANIMAL FEED: CAROTENOIDS MARKET, BY REGION, 2024–2029 (TONS)
8.3 DIETARY SUPPLEMENTS
8.3.1 RISING AWARENESS AMONG CONSUMERS FOR NATURAL HEALTH SUPPLEMENTS TO DRIVE MARKET
TABLE 61 DIETARY SUPPLEMENTS: CAROTENOIDS MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 62 DIETARY SUPPLEMENTS: CAROTENOIDS MARKET, BY REGION, 2024–2029 (USD MILLION)
TABLE 63 DIETARY SUPPLEMENTS: CAROTENOIDS MARKET, BY REGION, 2020–2023 (TONS)
TABLE 64 DIETARY SUPPLEMENTS: CAROTENOIDS MARKET, BY REGION, 2024–2029 (TONS)
8.4 FOOD & BEVERAGES
8.4.1 SURGE IN DEMAND FOR NATURAL FOOD COLORANTS WITH ANTIOXIDANT AND ANTICARCINOGENIC PROPERTIES TO DRIVE MARKET
TABLE 65 FOOD & BEVERAGES: CAROTENOIDS MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 66 FOOD & BEVERAGES: CAROTENOIDS MARKET, BY REGION, 2024–2029 (USD MILLION)
TABLE 67 FOOD & BEVERAGES: CAROTENOIDS MARKET, BY REGION, 2020–2023 (TONS)
TABLE 68 FOOD & BEVERAGES: CAROTENOIDS MARKET, BY REGION, 2024–2029 (TONS)
8.5 COSMETICS
8.5.1 INCREASING DEMAND DUE TO ANTI-AGING AND ANTI-INFLAMMATORY PROPERTIES TO DRIVE MARKET
TABLE 69 COSMETICS: CAROTENOIDS MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 70 COSMETICS: CAROTENOIDS MARKET, BY REGION, 2024–2029 (USD MILLION)
TABLE 71 COSMETICS: CAROTENOIDS MARKET, BY REGION, 2020–2023 (TONS)
TABLE 72 COSMETICS: CAROTENOIDS MARKET, BY REGION, 2024–2029 (TONS)
8.6 PHARMACEUTICALS
8.6.1 GROWING POPULARITY OF CAROTENOIDS TO BOOST IMMUNITY TO DRIVE MARKET
TABLE 73 PHARMACEUTICALS: CAROTENOIDS MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 74 PHARMACEUTICALS: CAROTENOIDS MARKET, BY REGION, 2024–2029 (USD MILLION)
TABLE 75 PHARMACEUTICALS: CAROTENOIDS MARKET, BY REGION, 2020–2023 (TONS)
TABLE 76 PHARMACEUTICALS: CAROTENOIDS MARKET, BY REGION, 2024–2029 (TONS)
9 CAROTENOIDS MARKET, BY FORMULATION
9.1 INTRODUCTION
FIGURE 44 CAROTENOIDS MARKET, BY FORMULATION, 2024 VS. 2029 (USD MILLION)
TABLE 77 CAROTENOIDS MARKET, BY FORMULATION, 2020–2023 (USD MILLION)
TABLE 78 CAROTENOIDS MARKET, BY FORMULATION, 2024–2029 (USD MILLION)
TABLE 79 CAROTENOIDS MARKET, BY FORMULATION, 2020–2023 (TONS)
TABLE 80 CAROTENOIDS MARKET, BY FORMULATION, 2024–2029 (TONS)
9.2 BEADLET
9.2.1 NEED FOR INCREASED STABILITY OF CAROTENOID PRODUCTS TO DRIVE MARKET
TABLE 81 BEADLET: CAROTENOIDS MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 82 BEADLET: CAROTENOIDS MARKET, BY REGION, 2024–2029 (USD MILLION)
TABLE 83 BEADLET: CAROTENOIDS MARKET, BY REGION, 2020–2023 (TONS)
TABLE 84 BEADLET: CAROTENOIDS MARKET, BY REGION, 2024–2029 (TONS)
9.3 POWDER
9.3.1 INCREASING DEMAND FOR CAROTENOIDS WITH HIGH THERMAL STABILITY AND SHELF LIFE TO DRIVE MARKET
TABLE 85 POWDER: CAROTENOIDS MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 86 POWDER: CAROTENOIDS MARKET, BY REGION, 2024–2029 (USD MILLION)
TABLE 87 POWDER: CAROTENOIDS MARKET, BY REGION, 2020–2023 (TONS)
TABLE 88 POWDER: CAROTENOIDS MARKET, BY REGION, 2024–2029 (TONS)
9.4 OIL SUSPENSION
9.4.1 GROWING DEMAND FOR AFFORDABLE CAROTENOIDS TO DRIVE MARKET
TABLE 89 OIL SUSPENSION: CAROTENOIDS MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 90 OIL SUSPENSION: CAROTENOIDS MARKET, BY REGION, 2024–2029 (USD MILLION)
TABLE 91 OIL SUSPENSION: CAROTENOIDS MARKET, BY REGION, 2020–2023 (TONS)
TABLE 92 OIL SUSPENSION: CAROTENOIDS MARKET, BY REGION, 2024–2029 (TONS)
9.5 EMULSION
9.5.1 RISING ADOPTION IN PROCESSING AND STORAGE OF ?-CAROTENE TO DRIVE MARKET
TABLE 93 EMULSION: CAROTENOIDS MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 94 EMULSION: CAROTENOIDS MARKET, BY REGION, 2024–2029 (USD MILLION)
TABLE 95 EMULSION: CAROTENOIDS MARKET, BY REGION, 2020–2023 (TONS)
TABLE 96 EMULSION: CAROTENOIDS MARKET, BY REGION, 2024–2029 (TONS)
10 CAROTENOIDS MARKET, BY SOURCE
10.1 INTRODUCTION
FIGURE 45 CAROTENOIDS MARKET, BY SOURCE, 2024 VS. 2029 (USD MILLION)
TABLE 97 CAROTENOIDS MARKET, BY SOURCE, 2020–2023 (USD MILLION)
TABLE 98 CAROTENOIDS MARKET, BY SOURCE, 2024–2029 (USD MILLION)
TABLE 99 CAROTENOIDS MARKET, BY SOURCE, 2020–2023 (TONS)
TABLE 100 CAROTENOIDS MARKET, BY SOURCE, 2024–2029 (TONS)
10.2 SYNTHETIC
10.2.1 LOWER MANUFACTURING COST TO DRIVE MARKET
TABLE 101 SYNTHETIC: CAROTENOIDS MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 102 SYNTHETIC: CAROTENOIDS MARKET, BY REGION, 2024–2029 (USD MILLION)
TABLE 103 SYNTHETIC: CAROTENOIDS MARKET, BY REGION, 2020–2023 (TONS)
TABLE 104 SYNTHETIC: CAROTENOIDS MARKET, BY REGION, 2024–2029 (TONS)
10.3 NATURAL
10.3.1 INCREASING FOCUS ON IMPROVED IMMUNITY RATES IN HUMANS AND ANIMALS TO DRIVE MARKET
TABLE 105 NATURAL: CAROTENOIDS MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 106 NATURAL: CAROTENOIDS MARKET, BY REGION, 2024–2029 (USD MILLION)
TABLE 107 NATURAL: CAROTENOIDS MARKET, BY REGION, 2020–2023 (TONS)
TABLE 108 NATURAL: CAROTENOIDS MARKET, BY REGION, 2024–2029 (TONS)
11 CAROTENOIDS MARKET, BY REGION
11.1 INTRODUCTION
FIGURE 46 CAROTENOIDS MARKET, BY COUNTRY, 2024–2029
TABLE 109 CAROTENOIDS MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 110 CAROTENOIDS MARKET, BY REGION, 2024–2029 (USD MILLION)
TABLE 111 CAROTENOIDS MARKET, BY REGION, 2020–2023 (TONS)
TABLE 112 CAROTENOIDS MARKET, BY REGION, 2024–2029 (TONS)
11.2 NORTH AMERICA
11.2.1 RECESSION IMPACT ANALYSIS
FIGURE 47 NORTH AMERICA: INFLATION RATES, BY KEY COUNTRY, 2018–2022
FIGURE 48 NORTH AMERICA: RECESSION IMPACT ANALYSIS, 2023
TABLE 113 NORTH AMERICA: CAROTENOIDS MARKET, BY COUNTRY, 2020–2023 (USD MILLION)
TABLE 114 NORTH AMERICA: CAROTENOIDS MARKET, BY COUNTRY, 2024–2029 (USD MILLION)
TABLE 115 NORTH AMERICA: CAROTENOIDS MARKET, BY COUNTRY, 2020–2023 (TONS)
TABLE 116 NORTH AMERICA: CAROTENOIDS MARKET, BY COUNTRY, 2024–2029 (TONS)
TABLE 117 NORTH AMERICA: CAROTENOIDS MARKET, BY TYPE, 2020–2023 (USD MILLION)
TABLE 118 NORTH AMERICA: CAROTENOIDS MARKET, BY TYPE, 2024–2029 (USD MILLION)
TABLE 119 NORTH AMERICA: CAROTENOIDS MARKET, BY TYPE, 2020–2023 (TONS)
TABLE 120 NORTH AMERICA: CAROTENOIDS MARKET, BY TYPE, 2024–2029 (TONS)
TABLE 121 NORTH AMERICA: CAROTENOIDS MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
TABLE 122 NORTH AMERICA: CAROTENOIDS MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
TABLE 123 NORTH AMERICA: CAROTENOIDS MARKET, BY APPLICATION, 2020–2023 (TONS)
TABLE 124 NORTH AMERICA: CAROTENOIDS MARKET, BY APPLICATION, 2024–2029 (TONS)
TABLE 125 NORTH AMERICA: CAROTENOIDS MARKET, BY FORMULATION, 2020–2023 (USD MILLION)
TABLE 126 NORTH AMERICA: CAROTENOIDS MARKET, BY FORMULATION, 2024–2029 (USD MILLION)
TABLE 127 NORTH AMERICA: CAROTENOIDS MARKET, BY FORMULATION, 2020–2023 (TONS)
TABLE 128 NORTH AMERICA: CAROTENOIDS MARKET, BY FORMULATION, 2024–2029 (TONS)
TABLE 129 NORTH AMERICA: CAROTENOIDS MARKET, BY SOURCE, 2020–2023 (USD MILLION)
TABLE 130 NORTH AMERICA: CAROTENOIDS MARKET, BY SOURCE, 2024–2029 (USD MILLION)
TABLE 131 NORTH AMERICA: CAROTENOIDS MARKET, BY SOURCE, 2020–2023 (TONS)
TABLE 132 NORTH AMERICA: CAROTENOIDS MARKET, BY SOURCE, 2024–2029 (TONS)
11.2.2 US
11.2.2.1 Rising focus on mitigating risks associated with cancer and cardiovascular disorders to drive market
TABLE 133 US: CAROTENOIDS MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
TABLE 134 US: CAROTENOIDS MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
TABLE 135 US: CAROTENOIDS MARKET, BY APPLICATION, 2020–2023 (TONS)
TABLE 136 US: CAROTENOIDS MARKET, BY APPLICATION, 2024–2029 (TONS)
11.2.3 CANADA
11.2.3.1 Growing livestock of dairy and poultry animals to drive market
TABLE 137 CANADA: CAROTENOIDS MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
TABLE 138 CANADA: CAROTENOIDS MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
TABLE 139 CANADA: CAROTENOIDS MARKET, BY APPLICATION, 2020–2023 (TONS)
TABLE 140 CANADA: CAROTENOIDS MARKET, BY APPLICATION, 2024–2029 (TONS)
11.2.4 MEXICO
11.2.4.1 Increasing use of carotenoids in feed industry to drive market
TABLE 141 MEXICO: CAROTENOIDS MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
TABLE 142 MEXICO: CAROTENOIDS MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
TABLE 143 MEXICO: CAROTENOIDS MARKET, BY APPLICATION, 2020–2023 (TONS)
TABLE 144 MEXICO: CAROTENOIDS MARKET, BY APPLICATION, 2024–2029 (TONS)
11.3 EUROPE
FIGURE 49 EUROPE: CAROTENOIDS MARKET SNAPSHOT
11.3.1 RECESSION IMPACT ANALYSIS
FIGURE 50 EUROPE: INFLATION RATES, BY KEY COUNTRY, 2018–2022
FIGURE 51 EUROPE: RECESSION IMPACT ANALYSIS, 2023
TABLE 145 EUROPE: CAROTENOIDS MARKET, BY COUNTRY, 2020–2023 (USD MILLION)
TABLE 146 EUROPE: CAROTENOIDS MARKET, BY COUNTRY, 2024–2029 (USD MILLION)
TABLE 147 EUROPE: CAROTENOIDS MARKET, BY COUNTRY, 2020–2023 (TONS)
TABLE 148 EUROPE: CAROTENOIDS MARKET, BY COUNTRY, 2024–2029 (TONS)
TABLE 149 EUROPE: CAROTENOIDS MARKET, BY TYPE, 2020–2023 (USD MILLION)
TABLE 150 EUROPE: CAROTENOIDS MARKET, BY TYPE, 2024–2029 (USD MILLION)
TABLE 151 EUROPE: CAROTENOIDS MARKET, BY TYPE, 2020–2023 (TONS)
TABLE 152 EUROPE: CAROTENOIDS MARKET, BY TYPE, 2024–2029 (TONS)
TABLE 153 EUROPE: CAROTENOIDS MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
TABLE 154 EUROPE: CAROTENOIDS MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
TABLE 155 EUROPE: CAROTENOIDS MARKET, BY APPLICATION, 2020–2023 (TONS)
TABLE 156 EUROPE: CAROTENOIDS MARKET, BY APPLICATION, 2024–2029 (TONS)
TABLE 157 EUROPE: CAROTENOIDS MARKET, BY FORMULATION, 2020–2023 (USD MILLION)
TABLE 158 EUROPE: CAROTENOIDS MARKET, BY FORMULATION, 2024–2029 (USD MILLION)
TABLE 159 EUROPE: CAROTENOIDS MARKET, BY FORMULATION, 2020–2023 (TONS)
TABLE 160 EUROPE: CAROTENOIDS MARKET, BY FORMULATION, 2024–2029 (TONS)
TABLE 161 EUROPE: CAROTENOIDS MARKET, BY SOURCE, 2020–2023 (USD MILLION)
TABLE 162 EUROPE: CAROTENOIDS MARKET, BY SOURCE, 2024–2029 (USD MILLION)
TABLE 163 EUROPE: CAROTENOIDS MARKET, BY SOURCE, 2020–2023 (TONS)
TABLE 164 EUROPE: CAROTENOIDS MARKET, BY SOURCE, 2024–2029 (TONS)
11.3.2 FRANCE
11.3.2.1 Booming dietary supplements industry to drive market
TABLE 165 FRANCE: CAROTENOIDS MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
TABLE 166 FRANCE: CAROTENOIDS MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
TABLE 167 FRANCE: CAROTENOIDS MARKET, BY APPLICATION, 2020–2023 (TONS)
TABLE 168 FRANCE: CAROTENOIDS MARKET, BY APPLICATION, 2024–2029 (TONS)
11.3.3 GERMANY
11.3.3.1 Growing concerns regarding food safety to drive market
TABLE 169 GERMANY: CAROTENOIDS MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
TABLE 170 GERMANY: CAROTENOIDS MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
TABLE 171 GERMANY: CAROTENOIDS MARKET, BY APPLICATION, 2020–2023 (TONS)
TABLE 172 GERMANY: CAROTENOIDS MARKET, BY APPLICATION, 2024–2029 (TONS)
11.3.4 NETHERLANDS
11.3.4.1 Growing incidences of cancer cases to drive market
TABLE 173 NETHERLANDS: CAROTENOIDS MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
TABLE 174 NETHERLANDS: CAROTENOIDS MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
TABLE 175 NETHERLANDS: CAROTENOIDS MARKET, BY APPLICATION, 2020–2023 (TONS)
TABLE 176 NETHERLANDS: CAROTENOIDS MARKET, BY APPLICATION, 2024–2029 (TONS)
11.3.5 RUSSIA
11.3.5.1 Increasing demand for antioxidant-rich foods to drive market
TABLE 177 RUSSIA: CAROTENOIDS MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
TABLE 178 RUSSIA: CAROTENOIDS MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
TABLE 179 RUSSIA: CAROTENOIDS MARKET, BY APPLICATION, 2020–2023 (TONS)
TABLE 180 RUSSIA: CAROTENOIDS MARKET, BY APPLICATION, 2024–2029 (TONS)
11.3.6 SPAIN
11.3.6.1 Surge in consumer demand for natural color alternatives over artificial additives to drive market
TABLE 181 SPAIN: CAROTENOIDS MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
TABLE 182 SPAIN: CAROTENOIDS MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
TABLE 183 SPAIN: CAROTENOIDS MARKET, BY APPLICATION, 2020–2023 (TONS)
TABLE 184 SPAIN: CAROTENOIDS MARKET, BY APPLICATION, 2024–2029 (TONS)
11.3.7 ITALY
11.3.7.1 Increasing utilization of carotenoids in skincare and cosmetics to drive market
TABLE 185 ITALY: CAROTENOIDS MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
TABLE 186 ITALY: CAROTENOIDS MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
TABLE 187 ITALY: CAROTENOIDS MARKET, BY APPLICATION, 2020–2023 (TONS)
TABLE 188 ITALY: CAROTENOIDS MARKET, BY APPLICATION, 2024–2029 (TONS)
11.3.8 REST OF EUROPE
TABLE 189 REST OF EUROPE: CAROTENOIDS MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
TABLE 190 REST OF EUROPE: CAROTENOIDS MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
TABLE 191 REST OF EUROPE: CAROTENOIDS MARKET, BY APPLICATION, 2020–2023 (TONS)
TABLE 192 REST OF EUROPE: CAROTENOIDS MARKET, BY APPLICATION, 2024–2029 (TONS)
11.4 ASIA PACIFIC
FIGURE 52 ASIA PACIFIC: CAROTENOIDS MARKET SNAPSHOT
11.4.1 RECESSION IMPACT ANALYSIS
FIGURE 53 ASIA PACIFIC: INFLATION RATES, BY KEY COUNTRY, 2018–2022
FIGURE 54 ASIA PACIFIC: RECESSION IMPACT ANALYSIS, 2023
TABLE 193 ASIA PACIFIC: CAROTENOIDS MARKET, BY COUNTRY, 2020–2023 (USD MILLION)
TABLE 194 ASIA PACIFIC: CAROTENOIDS MARKET, BY COUNTRY, 2024–2029 (USD MILLION)
TABLE 195 ASIA PACIFIC: CAROTENOIDS MARKET, BY COUNTRY, 2020–2023 (TONS)
TABLE 196 ASIA PACIFIC: CAROTENOIDS MARKET, BY COUNTRY, 2024–2029 (TONS)
TABLE 197 ASIA PACIFIC: CAROTENOIDS MARKET, BY TYPE, 2020–2023 (USD MILLION)
TABLE 198 ASIA PACIFIC: CAROTENOIDS MARKET, BY TYPE, 2024–2029 (USD MILLION)
TABLE 199 ASIA PACIFIC: CAROTENOIDS MARKET, BY TYPE, 2020–2023 (TONS)
TABLE 200 ASIA PACIFIC: CAROTENOIDS MARKET, BY TYPE, 2024–2029 (TONS)
TABLE 201 ASIA PACIFIC: CAROTENOIDS MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
TABLE 202 ASIA PACIFIC: CAROTENOIDS MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
TABLE 203 ASIA PACIFIC: CAROTENOIDS MARKET, BY APPLICATION, 2020–2023 (TONS)
TABLE 204 ASIA PACIFIC: CAROTENOIDS MARKET, BY APPLICATION, 2024–2029 (TONS)
TABLE 205 ASIA PACIFIC: CAROTENOIDS MARKET, BY FORMULATION, 2020–2023 (USD MILLION)
TABLE 206 ASIA PACIFIC: CAROTENOIDS MARKET, BY FORMULATION, 2024–2029 (USD MILLION)
TABLE 207 ASIA PACIFIC: CAROTENOIDS MARKET, BY FORMULATION, 2020–2023 (TONS)
TABLE 208 ASIA PACIFIC: CAROTENOIDS MARKET, BY FORMULATION, 2024–2029 (TONS)
TABLE 209 ASIA PACIFIC: CAROTENOIDS MARKET, BY SOURCE, 2020–2023 (USD MILLION)
TABLE 210 ASIA PACIFIC: CAROTENOIDS MARKET, BY SOURCE, 2024–2029 (USD MILLION)
TABLE 211 ASIA PACIFIC: CAROTENOIDS MARKET, BY SOURCE, 2020–2023 (TONS)
TABLE 212 ASIA PACIFIC: CAROTENOIDS MARKET, BY SOURCE, 2024–2029 (TONS)
11.4.2 CHINA
11.4.2.1 Growing production of carotenoid-rich products to drive market
TABLE 213 CHINA: CAROTENOIDS MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
TABLE 214 CHINA: CAROTENOIDS MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
TABLE 215 CHINA: CAROTENOIDS MARKET, BY APPLICATION, 2020–2023 (TONS)
TABLE 216 CHINA: CAROTENOIDS MARKET, BY APPLICATION, 2024–2029 (TONS)
11.4.3 INDIA
11.4.3.1 Rising health awareness and egg production to drive market
TABLE 217 INDIA: CAROTENOIDS MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
TABLE 218 INDIA: CAROTENOIDS MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
TABLE 219 INDIA: CAROTENOIDS MARKET, BY APPLICATION, 2020–2023 (TONS)
TABLE 220 INDIA: CAROTENOIDS MARKET, BY APPLICATION, 2024–2029 (TONS)
11.4.4 THAILAND
11.4.4.1 Growing super-aged population to drive market
TABLE 221 THAILAND: CAROTENOIDS MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
TABLE 222 THAILAND: CAROTENOIDS MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
TABLE 223 THAILAND: CAROTENOIDS MARKET, BY APPLICATION, 2020–2023 (TONS)
TABLE 224 THAILAND: CAROTENOIDS MARKET, BY APPLICATION, 2024–2029 (TONS)
11.4.5 JAPAN
11.4.5.1 Increasing demand for processed food & beverages to drive market
TABLE 225 JAPAN: CAROTENOIDS MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
TABLE 226 JAPAN: CAROTENOIDS MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
TABLE 227 JAPAN: CAROTENOIDS MARKET, BY APPLICATION, 2020–2023 (TONS)
TABLE 228 JAPAN: CAROTENOIDS MARKET, BY APPLICATION, 2024–2029 (TONS)
11.4.6 MALAYSIA
11.4.6.1 Surge in meat consumption to drive market
TABLE 229 MALAYSIA: CAROTENOIDS MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
TABLE 230 MALAYSIA: CAROTENOIDS MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
TABLE 231 MALAYSIA: CAROTENOIDS MARKET, BY APPLICATION, 2020–2023 (TONS)
TABLE 232 MALAYSIA: CAROTENOIDS MARKET, BY APPLICATION, 2024–2029 (TONS)
11.4.7 INDONESIA
11.4.7.1 Booming fisheries industry to drive market
TABLE 233 INDONESIA: CAROTENOIDS MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
TABLE 234 INDONESIA: CAROTENOIDS MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
TABLE 235 INDONESIA: CAROTENOIDS MARKET, BY APPLICATION, 2020–2023 (TONS)
TABLE 236 INDONESIA: CAROTENOIDS MARKET, BY APPLICATION, 2024–2029 (TONS)
11.4.8 AUSTRALIA & NEW ZEALAND
11.4.8.1 Increasing inclination toward vitamin supplements and herbal remedies to drive market
TABLE 237 AUSTRALIA & NEW ZEALAND: CAROTENOIDS MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
TABLE 238 AUSTRALIA & NEW ZEALAND: CAROTENOIDS MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
TABLE 239 AUSTRALIA & NEW ZEALAND: CAROTENOIDS MARKET, BY APPLICATION, 2020–2023 (TONS)
TABLE 240 AUSTRALIA & NEW ZEALAND: CAROTENOIDS MARKET, BY APPLICATION, 2024–2029 (TONS)
11.4.9 REST OF ASIA PACIFIC
TABLE 241 REST OF ASIA PACIFIC: CAROTENOIDS MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
TABLE 242 REST OF ASIA PACIFIC: CAROTENOIDS MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
TABLE 243 REST OF ASIA PACIFIC: CAROTENOIDS MARKET, BY APPLICATION, 2020–2023 (TONS)
TABLE 244 REST OF ASIA PACIFIC: CAROTENOIDS MARKET, BY APPLICATION, 2024–2029 (TONS)
11.5 SOUTH AMERICA
11.5.1 RECESSION IMPACT ANALYSIS
FIGURE 55 BRAZIL: INFLATION RATES, 2018–2022
FIGURE 56 SOUTH AMERICA: RECESSION IMPACT ANALYSIS
TABLE 245 SOUTH AMERICA: CAROTENOIDS MARKET, BY COUNTRY, 2020–2023 (USD MILLION)
TABLE 246 SOUTH AMERICA: CAROTENOIDS MARKET, BY COUNTRY, 2024–2029 (USD MILLION)
TABLE 247 SOUTH AMERICA: CAROTENOIDS MARKET, BY COUNTRY, 2020–2023 (TONS)
TABLE 248 SOUTH AMERICA: CAROTENOIDS MARKET, BY COUNTRY, 2024–2029 (TONS)
TABLE 249 SOUTH AMERICA: CAROTENOIDS MARKET, BY TYPE, 2020–2023 (USD MILLION)
TABLE 250 SOUTH AMERICA: CAROTENOIDS MARKET, BY TYPE, 2024–2029 (USD MILLION)
TABLE 251 SOUTH AMERICA: CAROTENOIDS MARKET, BY TYPE, 2020–2023 (TONS)
TABLE 252 SOUTH AMERICA: CAROTENOIDS MARKET, BY TYPE, 2024–2029 (TONS)
TABLE 253 SOUTH AMERICA: CAROTENOIDS MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
TABLE 254 SOUTH AMERICA: CAROTENOIDS MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
TABLE 255 SOUTH AMERICA: CAROTENOIDS MARKET, BY APPLICATION, 2020–2023 (TONS)
TABLE 256 SOUTH AMERICA: CAROTENOIDS MARKET, BY APPLICATION, 2024–2029 (TONS)
TABLE 257 SOUTH AMERICA: CAROTENOIDS MARKET, BY FORMULATION, 2020–2023 (USD MILLION)
TABLE 258 SOUTH AMERICA: CAROTENOIDS MARKET, BY FORMULATION, 2024–2029 (USD MILLION)
TABLE 259 SOUTH AMERICA: CAROTENOIDS MARKET, BY FORMULATION, 2020–2023 (TONS)
TABLE 260 SOUTH AMERICA: CAROTENOIDS MARKET, BY FORMULATION, 2024–2029 (TONS)
TABLE 261 SOUTH AMERICA: CAROTENOIDS MARKET, BY SOURCE, 2020–2023 (USD MILLION)
TABLE 262 SOUTH AMERICA: CAROTENOIDS MARKET, BY SOURCE, 2024–2029 (USD MILLION)
TABLE 263 SOUTH AMERICA: CAROTENOIDS MARKET, BY SOURCE, 2020–2023 (TONS)
TABLE 264 SOUTH AMERICA: CAROTENOIDS MARKET, BY SOURCE, 2024–2029 (TONS)
11.5.2 BRAZIL
11.5.2.1 Surge in aging population to drive market
TABLE 265 BRAZIL: CAROTENOIDS MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
TABLE 266 BRAZIL: CAROTENOIDS MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
TABLE 267 BRAZIL: CAROTENOIDS MARKET, BY APPLICATION, 2020–2023 (TONS)
TABLE 268 BRAZIL: CAROTENOIDS MARKET, BY APPLICATION, 2024–2029 (TONS)
11.5.3 ARGENTINA
11.5.3.1 High production of meat to drive market
TABLE 269 ARGENTINA: CAROTENOIDS MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
TABLE 270 ARGENTINA: CAROTENOIDS MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
TABLE 271 ARGENTINA: CAROTENOIDS MARKET, BY APPLICATION, 2020–2023 (TONS)
TABLE 272 ARGENTINA: CAROTENOIDS MARKET, BY APPLICATION, 2024–2029 (TONS)
11.5.4 REST OF SOUTH AMERICA
TABLE 273 REST OF SOUTH AMERICA: CAROTENOIDS MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
TABLE 274 REST OF SOUTH AMERICA: CAROTENOIDS MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
TABLE 275 REST OF SOUTH AMERICA: CAROTENOIDS MARKET, BY APPLICATION, 2020–2023 (TONS)
TABLE 276 REST OF SOUTH AMERICA: CAROTENOIDS MARKET, BY APPLICATION, 2024–2029 (TONS)
11.6 REST OF THE WORLD
11.6.1 RECESSION IMPACT ANALYSIS
FIGURE 57 REST OF THE WORLD: INFLATION RATES, BY KEY COUNTRY, 2018–2022
FIGURE 58 REST OF THE WORLD: RECESSION IMPACT ANALYSIS, 2023
11.6.2 MIDDLE EAST
TABLE 277 MIDDLE EAST: CAROTENOIDS MARKET, BY COUNTRY, 2020–2023 (USD MILLION)
TABLE 278 MIDDLE EAST: CAROTENOIDS MARKET, BY COUNTRY, 2024–2029 (USD MILLION)
TABLE 279 MIDDLE EAST: CAROTENOIDS MARKET, BY COUNTRY, 2020–2023 (TONS)
TABLE 280 MIDDLE EAST: CAROTENOIDS MARKET, BY COUNTRY, 2024–2029 (TONS)
TABLE 281 MIDDLE EAST: CAROTENOIDS MARKET, BY TYPE, 2020–2023 (USD MILLION)
TABLE 282 MIDDLE EAST: CAROTENOIDS MARKET, BY TYPE, 2024–2029 (USD MILLION)
TABLE 283 MIDDLE EAST: CAROTENOIDS MARKET, BY TYPE, 2020–2023 (TONS)
TABLE 284 MIDDLE EAST: CAROTENOIDS MARKET, BY TYPE, 2024–2029 (TONS)
TABLE 285 MIDDLE EAST: CAROTENOIDS MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
TABLE 286 MIDDLE EAST: CAROTENOIDS MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
TABLE 287 MIDDLE EAST: CAROTENOIDS MARKET, BY APPLICATION, 2020–2023 (TONS)
TABLE 288 MIDDLE EAST: CAROTENOIDS MARKET, BY APPLICATION, 2024–2029 (TONS)
TABLE 289 MIDDLE EAST: CAROTENOIDS MARKET, BY FORMULATION, 2020–2023 (USD MILLION)
TABLE 290 MIDDLE EAST: CAROTENOIDS MARKET, BY FORMULATION, 2024–2029 (USD MILLION)
TABLE 291 MIDDLE EAST: CAROTENOIDS MARKET, BY FORMULATION, 2020–2023 (TONS)
TABLE 292 MIDDLE EAST: CAROTENOIDS MARKET, BY FORMULATION, 2024–2029 (TONS)
TABLE 293 MIDDLE EAST: CAROTENOIDS MARKET, BY SOURCE, 2020–2023 (USD MILLION)
TABLE 294 MIDDLE EAST: CAROTENOIDS MARKET, BY SOURCE, 2024–2029 (USD MILLION)
TABLE 295 MIDDLE EAST: CAROTENOIDS MARKET, BY SOURCE, 2020–2023 (TONS)
TABLE 296 MIDDLE EAST: CAROTENOIDS MARKET, BY SOURCE, 2024–2029 (TONS)
11.6.3 SAUDI ARABIA
11.6.3.1 Growing focus on domestic food security and sustainability to drive market
TABLE 297 SAUDI ARABIA: CAROTENOIDS MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
TABLE 298 SAUDI ARABIA: CAROTENOIDS MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
TABLE 299 SAUDI ARABIA: CAROTENOIDS MARKET, BY APPLICATION, 2020–2023 (TONS)
TABLE 300 SAUDI ARABIA: CAROTENOIDS MARKET, BY APPLICATION, 2024–2029 (TONS)
11.6.4 UAE
11.6.4.1 Increasing shift toward natural and clean label products to drive market
TABLE 301 UAE: CAROTENOIDS MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
TABLE 302 UAE: CAROTENOIDS MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
TABLE 303 UAE: CAROTENOIDS MARKET, BY APPLICATION, 2020–2023 (TONS)
TABLE 304 UAE: CAROTENOIDS MARKET, BY APPLICATION, 2024–2029 (TONS)
11.6.5 REST OF MIDDLE EAST
TABLE 305 REST OF MIDDLE EAST: CAROTENOIDS MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
TABLE 306 REST OF MIDDLE EAST: CAROTENOIDS MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
TABLE 307 REST OF MIDDLE EAST: CAROTENOIDS MARKET, BY APPLICATION, 2020–2023 (TONS)
TABLE 308 REST OF MIDDLE EAST: CAROTENOIDS MARKET, BY APPLICATION, 2024–2029 (TONS)
11.6.6 AFRICA
11.6.6.1 Growing availability of affordable carotenoid products to drive market
TABLE 309 AFRICA: CAROTENOIDS MARKET, BY COUNTRY, 2020–2023 (USD MILLION)
TABLE 310 AFRICA: CAROTENOIDS MARKET, BY COUNTRY, 2024–2029 (USD MILLION)
TABLE 311 AFRICA: CAROTENOIDS MARKET, BY COUNTRY, 2020–2023 (TONS)
TABLE 312 AFRICA: CAROTENOIDS MARKET, BY COUNTRY, 2024–2029 (TONS)
TABLE 313 AFRICA: CAROTENOIDS MARKET, BY TYPE, 2020–2023 (USD MILLION)
TABLE 314 AFRICA: CAROTENOIDS MARKET, BY TYPE, 2024–2029 (USD MILLION)
TABLE 315 AFRICA: CAROTENOIDS MARKET, BY TYPE, 2020–2023 (TONS)
TABLE 316 AFRICA: CAROTENOIDS MARKET, BY TYPE, 2024–2029 (TONS)
TABLE 317 AFRICA: CAROTENOIDS MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
TABLE 318 AFRICA: CAROTENOIDS MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
TABLE 319 AFRICA: CAROTENOIDS MARKET, BY APPLICATION, 2020–2023 (TONS)
TABLE 320 AFRICA: CAROTENOIDS MARKET, BY APPLICATION, 2024–2029 (TONS)
TABLE 321 AFRICA: CAROTENOIDS MARKET, BY FORMULATION, 2020–2023 (USD MILLION)
TABLE 322 AFRICA: CAROTENOIDS MARKET, BY FORMULATION, 2024–2029 (USD MILLION)
TABLE 323 AFRICA: CAROTENOIDS MARKET, BY FORMULATION, 2020–2023 (TONS)
TABLE 324 AFRICA: CAROTENOIDS MARKET, BY FORMULATION, 2024–2029 (TONS)
TABLE 325 AFRICA: CAROTENOIDS MARKET, BY SOURCE, 2020–2023 (USD MILLION)
TABLE 326 AFRICA: CAROTENOIDS MARKET, BY SOURCE, 2024–2029 (USD MILLION)
TABLE 327 AFRICA: CAROTENOIDS MARKET, BY SOURCE, 2020–2023 (TONS)
TABLE 328 AFRICA: CAROTENOIDS MARKET, BY SOURCE, 2024–2029 (TONS)
11.6.7 SOUTH AFRICA
11.6.7.1 Rising focus on improving meat coloration to drive market
TABLE 329 SOUTH AFRICA: CAROTENOIDS MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
TABLE 330 SOUTH AFRICA: CAROTENOIDS MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
TABLE 331 SOUTH AFRICA: CAROTENOIDS MARKET, BY APPLICATION, 2020–2023 (TONS)
TABLE 332 SOUTH AFRICA: CAROTENOIDS MARKET, BY APPLICATION, 2024–2029 (TONS)
11.6.8 NIGERIA
11.6.8.1 Increasing demand for animal protein to drive market
TABLE 333 NIGERIA: CAROTENOIDS MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
TABLE 334 NIGERIA: CAROTENOIDS MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
TABLE 335 NIGERIA: CAROTENOIDS MARKET, BY APPLICATION, 2020–2023 (TONS)
TABLE 336 NIGERIA: CAROTENOIDS MARKET, BY APPLICATION, 2024–2029 (TONS)
11.6.9 REST OF AFRICA
TABLE 337 REST OF AFRICA: CAROTENOIDS MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
TABLE 338 REST OF AFRICA: CAROTENOIDS MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
TABLE 339 REST OF AFRICA: CAROTENOIDS MARKET, BY APPLICATION, 2020–2023 (TONS)
TABLE 340 REST OF AFRICA: CAROTENOIDS MARKET, BY APPLICATION, 2024–2029 (TONS)
12 COMPETITIVE LANDSCAPE
12.1 OVERVIEW
12.2 KEY PLAYER STRATEGIES
TABLE 341 KEY PLAYER STRATEGIES
12.3 REVENUE ANALYSIS
FIGURE 59 REVENUE ANALYSIS OF KEY MARKET PLAYERS, 2020–2023 (USD BILLION)
12.4 MARKET SHARE ANALYSIS
FIGURE 60 MARKET SHARE ANALYSIS OF KEY COMPANIES IN 2023
TABLE 342 DEGREE OF COMPETITION
12.5 BRAND/PRODUCT COMPARISON
FIGURE 61 BRAND/PRODUCT COMPARISON
12.6 COMPANY VALUATION AND FINANCIAL METRICS
FIGURE 62 COMPANY VALUATION (USD BILLION)
FIGURE 63 EV/EBITDA, 2023 (USD BILLION)
FIGURE 64 EBIT/EBITDA, 2023 (USD BILLION)
12.7 COMPANY EVALUATION MATRIX: KEY PLAYERS, 2023
12.7.1 STARS
12.7.2 EMERGING LEADERS
12.7.3 PERVASIVE PLAYERS
12.7.4 PARTICIPANTS
FIGURE 65 CAROTENOIDS MARKET: COMPANY EVALUATION MATRIX (KEY PLAYERS), 2023
12.7.5 COMPANY FOOTPRINT
FIGURE 66 CAROTENOIDS MARKET: COMPANY FOOTPRINT
TABLE 343 CAROTENOIDS MARKET: PRODUCT TYPE FOOTPRINT
TABLE 344 CAROTENOIDS MARKET: REGION FOOTPRINT
TABLE 345 CAROTENOIDS MARKET: APPLICATION FOOTPRINT
TABLE 346 CAROTENOIDS MARKET: SOURCE FOOTPRINT
12.8 COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2023
12.8.1 PROGRESSIVE COMPANIES
12.8.2 RESPONSIVE COMPANIES
12.8.3 DYNAMIC COMPANIES
12.8.4 STARTING BLOCKS
FIGURE 67 CAROTENOIDS MARKET: COMPANY EVALUATION MATRIX (STARTUP/SME), 2023
12.8.5 COMPETITIVE BENCHMARKING
TABLE 347 CAROTENOIDS MARKET: KEY STARTUP/SMES
TABLE 348 CAROTENOIDS MARKET: COMPETITIVE BENCHMARKING OF KEY STARTUP/SMES
12.9 COMPETITIVE SCENARIOS AND TRENDS
12.9.1 PRODUCT LAUNCHES
TABLE 349 CAROTENOIDS MARKET: PRODUCT LAUNCHES, JANUARY 2019–MAY 2024
12.9.2 DEALS
TABLE 350 CAROTENOIDS MARKET: DEALS, JANUARY 2019–MAY 2024
12.9.3 EXPANSIONS
TABLE 351 CAROTENOIDS MARKET: EXPANSIONS, JANUARY 2019–MAY 2024
13 COMPANY PROFILES
13.1 KEY PLAYERS
(Business Overview, Products/Solutions/Services Offered, Recent Developments, MnM view (Key strengths/Right to win, Strategic choices made, Weakness/competitive threats)*
13.1.1 DSM-FIRMENICH
TABLE 352 DSM-FIRMENICH: COMPANY OVERVIEW
FIGURE 68 DSM-FIRMENICH: COMPANY SNAPSHOT
TABLE 353 DSM-FIRMENICH: PRODUCTS OFFERED
TABLE 354 DSM-FIRMENICH: EXPANSIONS
13.1.2 BASF SE
TABLE 355 BASF SE: COMPANY OVERVIEW
FIGURE 69 BASF SE: COMPANY SNAPSHOT
TABLE 356 BASF SE: PRODUCTS OFFERED
TABLE 357 BASF SE: EXPANSIONS
13.1.3 CYANOTECH CORPORATION
TABLE 358 CYANOTECH CORPORATION: COMPANY OVERVIEW
FIGURE 70 CYANOTECH CORPORATION: COMPANY SNAPSHOT
TABLE 359 CYANOTECH CORPORATION: PRODUCTS OFFERED
TABLE 360 CYANOTECH CORPORATION: PRODUCT LAUNCHES
13.1.4 GIVAUDAN
TABLE 361 GIVAUDAN: COMPANY OVERVIEW
FIGURE 71 GIVAUDAN: COMPANY SNAPSHOT
TABLE 362 GIVAUDAN: PRODUCTS OFFERED
TABLE 363 GIVAUDAN: DEALS
TABLE 364 GIVAUDAN: EXPANSIONS
13.1.5 ADM
TABLE 365 ADM: COMPANY OVERVIEW
FIGURE 72 ADM: COMPANY SNAPSHOT
TABLE 366 ADM: PRODUCTS OFFERED
TABLE 367 ADM: DEALS
13.1.6 NHU
TABLE 368 NHU: COMPANY OVERVIEW
FIGURE 73 NHU: COMPANY SNAPSHOT
TABLE 369 NHU: PRODUCTS OFFERED
13.1.7 DIVI'S LABORATORIES LIMITED
TABLE 370 DIVI'S LABORATORIES LIMITED: COMPANY OVERVIEW
FIGURE 74 DIVI'S LABORATORIES LIMITED: COMPANY SNAPSHOT
TABLE 371 DIVI'S LABORATORIES LIMITED: PRODUCTS OFFERED
TABLE 372 DIVI'S LABORATORIES LIMITED: PRODUCT LAUNCHES
13.1.8 ALLIED BIOTECH CORPORATION
TABLE 373 ALLIED BIOTECH CORPORATION: COMPANY OVERVIEW
TABLE 374 ALLIED BIOTECH CORPORATION: PRODUCTS OFFERED
TABLE 375 ALLIED BIOTECH CORPORATION: PRODUCT LAUNCHES
13.1.9 LYCORED
TABLE 376 LYCORED: COMPANY OVERVIEW
TABLE 377 LYCORED: PRODUCTS OFFERED
TABLE 378 LYCORED: EXPANSIONS
13.1.10 KEMIN INDUSTRIES, INC.
TABLE 379 KEMIN INDUSTRIES, INC.: COMPANY OVERVIEW
TABLE 380 KEMIN INDUSTRIES, INC.: PRODUCTS OFFERED
TABLE 381 KEMIN INDUSTRIES, INC.: PRODUCT LAUNCHES
TABLE 382 KEMIN INDUSTRIES, INC.: DEALS
TABLE 383 KEMIN INDUSTRIES, INC.: EXPANSIONS
13.1.11 FUJI CHEMICAL INDUSTRIES CO., LTD.
TABLE 384 FUJI CHEMICAL INDUSTRIES CO., LTD.: COMPANY OVERVIEW
TABLE 385 FUJI CHEMICAL INDUSTRIES CO., LTD.: PRODUCTS OFFERED
TABLE 386 FUJI CHEMICAL INDUSTRY CO., LTD.: PRODUCT LAUNCHES
13.1.12 EW NUTRITION
TABLE 387 EW NUTRITION: COMPANY OVERVIEW
TABLE 388 EW NUTRITION: PRODUCTS OFFERED
TABLE 389 EW NUTRITION: DEALS
13.1.13 DЦHLER GMBH
TABLE 390 DЦHLER GMBH: COMPANY OVERVIEW
TABLE 391 DЦHLER GMBH: PRODUCTS OFFERED
TABLE 392 DЦHLER GMBH: DEALS
13.1.14 EXCELVITE
TABLE 393 EXCELVITE: COMPANY OVERVIEW
TABLE 394 EXCELVITE: PRODUCTS OFFERED
TABLE 395 EXCELVITE: DEALS
13.1.15 FARBEST BRANDS
TABLE 396 FARBEST BRANDS: COMPANY OVERVIEW
TABLE 397 FARBEST BRANDS: PRODUCTS OFFERED
TABLE 398 FARBEST BRANDS: DEALS
13.2 OTHER PLAYERS
13.2.1 SOLABIA GROUP
TABLE 399 SOLABIA GROUP: COMPANY OVERVIEW
13.2.2 VIDYA EUROPE SAS
TABLE 400 VIDYA EUROPE SAS: COMPANY OVERVIEW
13.2.3 FIORIO COLORI
TABLE 401 FIORIO COLORI: COMPANY OVERVIEW
13.2.4 VALENSA INTERNATIONAL
TABLE 402 VALENSA INTERNATIONAL: COMPANY OVERVIEW
13.2.5 BGG WORLD
TABLE 403 BGG WORLD: COMPANY OVERVIEW
13.2.6 KALSEC INC.
TABLE 404 KALSEC INC.: COMPANY OVERVIEW
13.2.7 AMBE PHYTOEXTRACTS PVT. LTD.
TABLE 405 AMBE PHYTOEXTRACTS PVT. LTD.: COMPANY OVERVIEW
13.2.8 VIDYA HERBS PVT. LTD.
TABLE 406 VIDYA HERBS PVT. LTD.: COMPANY OVERVIEW
13.2.9 ASTAMAZ NZ LTD.
TABLE 407 ASTAMAZ NZ LTD.: COMPANY OVERVIEW
13.2.10 XIAMEN SINOWAY CO., LTD.
TABLE 408 XIAMEN SINOWAY CO., LTD.: COMPANY OVERVIEW
*Details on Business Overview, Products/Solutions/Services Offered, Recent Developments, MnM view (Key strengths/Right to win, Strategic choices made, Weakness/competitive threats)* might not be captured in case of unlisted companies.
14 ADJACENT & RELATED MARKETS
14.1 INTRODUCTION
TABLE 409 ADJACENT MARKETS TO LYCOPENE MARKET
14.2 RESEARCH LIMITATIONS
14.3 FOOD COLORS MARKET
14.3.1 MARKET DEFINITION
14.3.2 MARKET OVERVIEW
14.3.3 FOOD COLORS MARKET, BY TYPE
TABLE 410 FOOD COLORS MARKET, BY TYPE, 2023–2028 (USD MILLION)
14.4 ASTAXANTHIN MARKET
14.4.1 MARKET DEFINITION
14.4.2 MARKET OVERVIEW
14.4.3 ASTAXANTHIN MARKET, BY FORM
TABLE 411 ASTAXANTHIN MARKET, BY FORM, 2021–2026 (USD MILLION)
15 APPENDIX
15.1 DISCUSSION GUIDE
15.2 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
15.3 CUSTOMIZATION OPTIONS
15.4 RELATED REPORTS
15.5 AUTHOR DETAILS
1.1 STUDY OBJECTIVES
1.2 MARKET DEFINITION
1.3 STUDY SCOPE
1.3.1 MARKETS COVERED
FIGURE 1 CAROTENOIDS MARKET SEGMENTATION
1.3.2 REGIONS COVERED
1.3.3 YEARS CONSIDERED
1.4 CURRENCY CONSIDERED
TABLE 1 USD EXCHANGE RATES, 2020–2023
1.5 UNIT CONSIDERED
1.6 STAKEHOLDERS
1.7 SUMMARY OF CHANGES
2 RESEARCH METHODOLOGY
2.1 RESEARCH DATA
FIGURE 2 CAROTENOIDS MARKET: RESEARCH DESIGN
2.1.1 SECONDARY DATA
2.1.1.1 Key data from secondary sources
2.1.2 PRIMARY DATA
FIGURE 3 KEY DATA FROM PRIMARY SOURCES
2.1.2.1 Key industry insights
FIGURE 4 BREAKDOWN OF PRIMARY INTERVIEWS
2.2 MARKET SIZE ESTIMATION
2.2.1 BOTTOM-UP APPROACH
FIGURE 5 DEMAND-SIDE ANALYSIS
2.2.2 TOP-DOWN APPROACH
2.2.2.1 Approach to estimate market size using top-down analysis
FIGURE 6 MARKET SIZE ESTIMATION STEPS
FIGURE 7 SUPPLY-SIDE ANALYSIS
2.3 DATA TRIANGULATION
FIGURE 8 DATA TRIANGULATION
2.4 RESEARCH ASSUMPTIONS
2.5 RESEARCH LIMITATIONS
2.6 RECESSION IMPACT
2.6.1 MACRO INDICATORS
FIGURE 9 RECESSION INDICATORS
FIGURE 10 GLOBAL INFLATION RATE, 2011–2022
FIGURE 11 GLOBAL GDP, 2011–2022 (USD TRILLION)
FIGURE 12 RECESSION INDICATORS AND THEIR IMPACT ON MARKET
3 EXECUTIVE SUMMARY
TABLE 2 CAROTENOIDS MARKET SNAPSHOT, 2024 VS. 2029
FIGURE 13 ASTAXANTHIN SEGMENT TO LEAD MARKET DURING FORECAST PERIOD
FIGURE 14 BEADLET SEGMENT TO DOMINATE MARKET DURING FORECAST PERIOD
FIGURE 15 SYNTHETIC SEGMENT TO HAVE LARGEST MARKET SHARE DURING FORECAST PERIOD
FIGURE 16 ANIMAL FEED SEGMENT TO HOLD LARGEST MARKET SHARE DURING FORECAST PERIOD
FIGURE 17 NORTH AMERICA TO ACCOUNT FOR LARGEST MARKET SHARE DURING FORECAST PERIOD
FIGURE 18 CAROTENOIDS MARKET: EARLIER FORECAST VS. RECESSION FORECAST
4 PREMIUM INSIGHTS
4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN CAROTENOIDS MARKET
FIGURE 19 INCREASING AWARENESS TOWARD HEALTH AND ORGANIC FOOD PRODUCTS TO DRIVE MARKET
4.2 EUROPE: CAROTENOIDS MARKET, BY TYPE AND COUNTRY
FIGURE 20 LUTEIN SEGMENT AND FRANCE TO ACCOUNT FOR LARGEST SHARES IN EUROPEAN MARKET IN 2024
4.3 CAROTENOIDS MARKET, BY COUNTRY
FIGURE 21 US TO ACCOUNT FOR LARGEST MARKET SHARE IN 2024
4.4 CAROTENOIDS MARKET, BY TYPE AND REGION
FIGURE 22 ASTAXANTHIN TO HOLD LARGEST MARKET SHARE DURING FORECAST PERIOD
4.5 CAROTENOIDS MARKET, BY FORMULATION AND REGION
FIGURE 23 BEADLET SEGMENT TO LEAD MARKET DURING FORECAST PERIOD
4.6 CAROTENOIDS MARKET, BY SOURCE AND REGION
FIGURE 24 SYNTHETIC SOURCE TO ACCOUNT FOR LARGER MARKET SHARE DURING FORECAST PERIOD
4.7 CAROTENOIDS MARKET, BY APPLICATION AND REGION
FIGURE 25 ANIMAL FEED SEGMENT TO DOMINATE MARKET DURING FORECAST PERIOD
5 MARKET OVERVIEW
5.1 INTRODUCTION
5.2 MACROECONOMIC INDICATORS
5.2.1 GLOBAL HEALTH AND WELLNESS MARKET
FIGURE 26 GLOBAL WELLNESS INDUSTRY, BY TYPE, 2022
5.3 MARKET DYNAMICS
FIGURE 27 CAROTENOIDS MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES
5.3.1 DRIVERS
5.3.1.1 Increasing applications of carotenoids in preventive healthcare
TABLE 3 SOURCES OF CAROTENOIDS AND THEIR MEDICINAL PROPERTIES
5.3.1.2 Growing trend toward natural and clean label ingredients
FIGURE 28 US: FACTORS DRIVING CLEAN LABEL PURCHASES, 2021
5.3.1.3 Surge in applications in pharmaceuticals and cosmetics
5.3.1.4 Rise in innovative technologies for extracting carotenoids
5.3.1.5 Increasing consumer preference for organic products
FIGURE 29 ORGANIC FOOD & BEVERAGES MARKET, 2021 (USD BILLION)
5.3.2 RESTRAINTS
5.3.2.1 Low water solubility and stability
5.3.2.2 Risks associated with high dosage
5.3.3 OPPORTUNITIES
5.3.3.1 Booming dietary supplements and food & beverages markets
5.3.3.2 Expanding scope of research in feed industry
5.3.3.3 Growing inclination toward safety reassessment of synthetic food colors
5.3.4 CHALLENGES
5.3.4.1 Stringent quality standards
5.3.4.2 High production costs
6 INDUSTRY TRENDS
6.1 INTRODUCTION
6.2 VALUE CHAIN ANALYSIS
FIGURE 30 VALUE CHAIN ANALYSIS
6.3 TRADE ANALYSIS
TABLE 4 EUROPEAN UNION: IMPORT AND EXPORT VOLUME OF COLORING MATTER OF VEGETABLE OR ANIMAL ORIGIN, 2023 (KG)
TABLE 5 EUROPEAN UNION: IMPORT AND EXPORT VOLUME OF COLORING MATTER OF VEGETABLE OR ANIMAL ORIGIN, 2022 (KG)
TABLE 6 EUROPEAN UNION: IMPORT AND EXPORT VOLUME OF COLORING MATTER OF VEGETABLE OR ANIMAL ORIGIN, 2021 (KG)
6.4 TECHNOLOGY ANALYSIS
6.4.1 CAROTENOIDS AND MICROENCAPSULATION
6.4.2 ARTIFICIAL INTELLIGENCE AND MACHINE LEARNING
6.5 PRICING ANALYSIS
6.5.1 AVERAGE SELLING PRICE TREND OF KEY PLAYERS, BY TYPE
FIGURE 31 AVERAGE SELLING PRICE TREND OF KEY PLAYERS, BY TYPE, 2023 (USD/TONS)
TABLE 7 AVERAGE SELLING PRICE TREND OF KEY PLAYERS, BY TYPE, 2023 (USD/TONS)
6.5.2 AVERAGE SELLING PRICE TREND, BY REGION
FIGURE 32 AVERAGE SELLING PRICE TREND, BY REGION, 2020–2023 (USD/TONS)
TABLE 8 AVERAGE SELLING PRICE TREND, BY REGION, 2020–2023 (USD/TONS)
6.5.3 AVERAGE SELLING PRICE TREND, BY TYPE
FIGURE 33 AVERAGE SELLING PRICE TREND, BY TYPE, 2020–2023 (USD/TONS)
TABLE 9 AVERAGE SELLING PRICE TREND, BY TYPE, 2020–2023 (USD/TONS)
6.6 ECOSYSTEM ANALYSIS
FIGURE 34 ECOSYSTEM ANALYSIS
TABLE 10 ROLE OF COMPANIES IN ECOSYSTEM
6.6.1 UPSTREAM
6.6.1.1 Ingredient manufacturers
6.6.1.2 Technology providers
6.6.1.3 End users
6.6.2 DOWNSTREAM
6.6.2.1 Regulatory bodies
6.6.2.2 Startups/emerging companies
6.7 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS
FIGURE 35 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS
6.8 PATENT ANALYSIS
FIGURE 36 PATENT ANALYSIS
FIGURE 37 JURISDICTIONS WITH HIGHEST PATENT APPROVALS FOR CAROTENOIDS, 2013–2023
TABLE 11 INNOVATIONS AND PATENT REGISTRATIONS, 2023–2024
6.9 KEY CONFERENCES AND EVENTS
TABLE 12 KEY CONFERENCES AND EVENTS, 2024–2025
6.10 PORTER’S FIVE FORCES ANALYSIS
TABLE 13 IMPACT OF PORTER’S FIVE FORCES
FIGURE 38 CAROTENOIDS MARKET: PORTER’S FIVE FORCES ANALYSIS
6.10.1 INTENSITY OF COMPETITIVE RIVALRY
6.10.2 BARGAINING POWER OF SUPPLIERS
6.10.3 BARGAINING POWER OF BUYERS
6.10.4 THREAT OF NEW ENTRANTS
6.10.5 THREAT OF SUBSTITUTES
6.11 REGULATORY LANDSCAPE
6.11.1 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 14 NORTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 15 EUROPE: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 16 ASIA PACIFIC: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 17 SOUTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 18 REST OF THE WORLD: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
6.11.2 NORTH AMERICA
6.11.2.1 US
6.11.2.2 Canada
6.11.2.3 Mexico
6.11.3 EUROPEAN UNION
6.11.4 ASIA PACIFIC
6.11.4.1 China
6.11.4.2 India
6.11.5 SOUTH AMERICA
6.11.5.1 Brazil
6.11.6 REST OF THE WORLD
6.11.6.1 South Africa
6.12 KEY STAKEHOLDERS AND BUYING CRITERIA
6.12.1 KEY STAKEHOLDERS IN BUYING PROCESS
TABLE 19 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP 3 APPLICATIONS (%)
6.12.2 BUYING CRITERIA
FIGURE 40 KEY BUYING CRITERIA FOR TOP 3 APPLICATIONS
TABLE 20 KEY BUYING CRITERIA FOR TOP 3 APPLICATIONS
6.13 CASE STUDY ANALYSIS
6.13.1 USE OF ARTIFICIAL INTELLIGENCE AND MACHINE LEARNING TO MEET DEMAND FOR FUNCTIONAL FOODS
6.13.2 MANUFACTURING OF PLANT-BASED BARS FOR IMPROVED MENTAL HEALTH
6.13.3 INVESTIGATING EFFICACY OF LYCODERM TO ENHANCING SKIN RESILIENCE
6.14 INVESTMENT AND FUNDING SCENARIO
FIGURE 41 INVESTMENT AND FUNDING SCENARIO, 2019–2024 (USD MILLION)
7 CAROTENOIDS MARKET, BY TYPE
7.1 INTRODUCTION
FIGURE 42 CAROTENOIDS MARKET, BY TYPE, 2024 VS. 2029 (USD MILLION)
TABLE 21 CAROTENOIDS MARKET, BY TYPE, 2020–2023 (USD MILLION)
TABLE 22 CAROTENOIDS MARKET, BY TYPE, 2024–2029 (USD MILLION)
TABLE 23 CAROTENOIDS MARKET, BY TYPE, 2020–2023 (TONS)
TABLE 24 CAROTENOIDS MARKET, BY TYPE, 2024–2029 (TONS)
7.2 BETA-CAROTENE
7.2.1 INCREASING USE AS NATURAL COLORANT TO DRIVE MARKET
TABLE 25 BETA-CAROTENE: CAROTENOIDS MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 26 BETA-CAROTENE: CAROTENOIDS MARKET, BY REGION, 2024–2029 (USD MILLION)
TABLE 27 BETA-CAROTENE: CAROTENOIDS MARKET, BY REGION, 2020–2023 (TONS)
TABLE 28 BETA-CAROTENE: CAROTENOIDS MARKET, BY REGION, 2024–2029 (TONS)
7.3 ASTAXANTHIN
7.3.1 GROWING ADOPTION IN FEED, DIETARY SUPPLEMENTS, AND COSMETIC INDUSTRIES TO DRIVE MARKET
TABLE 29 ASTAXANTHIN: CAROTENOIDS MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 30 ASTAXANTHIN: CAROTENOIDS MARKET, BY REGION, 2024–2029 (USD MILLION)
TABLE 31 ASTAXANTHIN: CAROTENOIDS MARKET, BY REGION, 2020–2023 (TONS)
TABLE 32 ASTAXANTHIN: CAROTENOIDS MARKET, BY REGION, 2024–2029 (TONS)
7.4 LUTEIN
7.4.1 RISING ACCEPTABILITY IN TREATING EYE DISEASES TO DRIVE MARKET
TABLE 33 LUTEIN: CAROTENOIDS MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 34 LUTEIN: CAROTENOIDS MARKET, BY REGION, 2024–2029 (USD MILLION)
TABLE 35 LUTEIN: CAROTENOIDS MARKET, BY REGION, 2020–2023 (TONS)
TABLE 36 LUTEIN: CAROTENOIDS MARKET, BY REGION, 2024–2029 (TONS)
7.5 LYCOPENE
7.5.1 INCREASING AWARENESS ABOUT ANTIOXIDANT HEALTH BENEFITS TO DRIVE MARKET
TABLE 37 LYCOPENE: CAROTENOIDS MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 38 LYCOPENE: CAROTENOIDS MARKET, BY REGION, 2024–2029 (USD MILLION)
TABLE 39 LYCOPENE: CAROTENOIDS MARKET, BY REGION, 2020–2023 (TONS)
TABLE 40 LYCOPENE: CAROTENOIDS MARKET, BY REGION, 2024–2029 (TONS)
7.6 ZEAXANTHIN
7.6.1 GROWING DEMAND IN POULTRY FEED TO DRIVE MARKET
TABLE 41 ZEAXANTHIN: CAROTENOIDS MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 42 ZEAXANTHIN: CAROTENOIDS MARKET, BY REGION, 2024–2029 (USD MILLION)
TABLE 43 ZEAXANTHIN: CAROTENOIDS MARKET, BY REGION, 2020–2023 (TONS)
TABLE 44 ZEAXANTHIN: CAROTENOIDS MARKET, BY REGION, 2024–2029 (TONS)
7.7 CANTHAXANTHIN
7.7.1 SURGE IN LIVESTOCK POPULATION TO DRIVE MARKET
TABLE 45 CANTHAXANTHIN: CAROTENOIDS MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 46 CANTHAXANTHIN: CAROTENOIDS MARKET, BY REGION, 2024–2029 (USD MILLION)
TABLE 47 CANTHAXANTHIN: CAROTENOIDS MARKET, BY REGION, 2020–2023 (TONS)
TABLE 48 CANTHAXANTHIN: CAROTENOIDS MARKET, BY REGION, 2024–2029 (TONS)
7.8 OTHER TYPES
TABLE 49 OTHER TYPES: CAROTENOIDS MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 50 OTHER TYPES: CAROTENOIDS MARKET, BY REGION, 2024–2029 (USD MILLION)
TABLE 51 OTHER TYPES: CAROTENOIDS MARKET, BY REGION, 2020–2023 (TONS)
TABLE 52 OTHER TYPES: CAROTENOIDS MARKET, BY REGION, 2024–2029 (TONS)
8 CAROTENOIDS MARKET, BY APPLICATION
8.1 INTRODUCTION
FIGURE 43 CAROTENOIDS MARKET, BY APPLICATION, 2024 VS. 2029 (USD MILLION)
TABLE 53 CAROTENOIDS MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
TABLE 54 CAROTENOIDS MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
TABLE 55 CAROTENOIDS MARKET, BY APPLICATION, 2020–2023 (TONS)
TABLE 56 CAROTENOIDS MARKET, BY APPLICATION, 2024–2029 (TONS)
8.2 ANIMAL FEED
8.2.1 GROWING ADOPTION DUE TO DISEASE RESISTANCE AND COLOR-ENHANCING PROPERTIES TO DRIVE MARKET
TABLE 57 ANIMAL FEED: CAROTENOIDS MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 58 ANIMAL FEED: CAROTENOIDS MARKET, BY REGION, 2024–2029 (USD MILLION)
TABLE 59 ANIMAL FEED: CAROTENOIDS MARKET, BY REGION, 2020–2023 (TONS)
TABLE 60 ANIMAL FEED: CAROTENOIDS MARKET, BY REGION, 2024–2029 (TONS)
8.3 DIETARY SUPPLEMENTS
8.3.1 RISING AWARENESS AMONG CONSUMERS FOR NATURAL HEALTH SUPPLEMENTS TO DRIVE MARKET
TABLE 61 DIETARY SUPPLEMENTS: CAROTENOIDS MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 62 DIETARY SUPPLEMENTS: CAROTENOIDS MARKET, BY REGION, 2024–2029 (USD MILLION)
TABLE 63 DIETARY SUPPLEMENTS: CAROTENOIDS MARKET, BY REGION, 2020–2023 (TONS)
TABLE 64 DIETARY SUPPLEMENTS: CAROTENOIDS MARKET, BY REGION, 2024–2029 (TONS)
8.4 FOOD & BEVERAGES
8.4.1 SURGE IN DEMAND FOR NATURAL FOOD COLORANTS WITH ANTIOXIDANT AND ANTICARCINOGENIC PROPERTIES TO DRIVE MARKET
TABLE 65 FOOD & BEVERAGES: CAROTENOIDS MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 66 FOOD & BEVERAGES: CAROTENOIDS MARKET, BY REGION, 2024–2029 (USD MILLION)
TABLE 67 FOOD & BEVERAGES: CAROTENOIDS MARKET, BY REGION, 2020–2023 (TONS)
TABLE 68 FOOD & BEVERAGES: CAROTENOIDS MARKET, BY REGION, 2024–2029 (TONS)
8.5 COSMETICS
8.5.1 INCREASING DEMAND DUE TO ANTI-AGING AND ANTI-INFLAMMATORY PROPERTIES TO DRIVE MARKET
TABLE 69 COSMETICS: CAROTENOIDS MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 70 COSMETICS: CAROTENOIDS MARKET, BY REGION, 2024–2029 (USD MILLION)
TABLE 71 COSMETICS: CAROTENOIDS MARKET, BY REGION, 2020–2023 (TONS)
TABLE 72 COSMETICS: CAROTENOIDS MARKET, BY REGION, 2024–2029 (TONS)
8.6 PHARMACEUTICALS
8.6.1 GROWING POPULARITY OF CAROTENOIDS TO BOOST IMMUNITY TO DRIVE MARKET
TABLE 73 PHARMACEUTICALS: CAROTENOIDS MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 74 PHARMACEUTICALS: CAROTENOIDS MARKET, BY REGION, 2024–2029 (USD MILLION)
TABLE 75 PHARMACEUTICALS: CAROTENOIDS MARKET, BY REGION, 2020–2023 (TONS)
TABLE 76 PHARMACEUTICALS: CAROTENOIDS MARKET, BY REGION, 2024–2029 (TONS)
9 CAROTENOIDS MARKET, BY FORMULATION
9.1 INTRODUCTION
FIGURE 44 CAROTENOIDS MARKET, BY FORMULATION, 2024 VS. 2029 (USD MILLION)
TABLE 77 CAROTENOIDS MARKET, BY FORMULATION, 2020–2023 (USD MILLION)
TABLE 78 CAROTENOIDS MARKET, BY FORMULATION, 2024–2029 (USD MILLION)
TABLE 79 CAROTENOIDS MARKET, BY FORMULATION, 2020–2023 (TONS)
TABLE 80 CAROTENOIDS MARKET, BY FORMULATION, 2024–2029 (TONS)
9.2 BEADLET
9.2.1 NEED FOR INCREASED STABILITY OF CAROTENOID PRODUCTS TO DRIVE MARKET
TABLE 81 BEADLET: CAROTENOIDS MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 82 BEADLET: CAROTENOIDS MARKET, BY REGION, 2024–2029 (USD MILLION)
TABLE 83 BEADLET: CAROTENOIDS MARKET, BY REGION, 2020–2023 (TONS)
TABLE 84 BEADLET: CAROTENOIDS MARKET, BY REGION, 2024–2029 (TONS)
9.3 POWDER
9.3.1 INCREASING DEMAND FOR CAROTENOIDS WITH HIGH THERMAL STABILITY AND SHELF LIFE TO DRIVE MARKET
TABLE 85 POWDER: CAROTENOIDS MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 86 POWDER: CAROTENOIDS MARKET, BY REGION, 2024–2029 (USD MILLION)
TABLE 87 POWDER: CAROTENOIDS MARKET, BY REGION, 2020–2023 (TONS)
TABLE 88 POWDER: CAROTENOIDS MARKET, BY REGION, 2024–2029 (TONS)
9.4 OIL SUSPENSION
9.4.1 GROWING DEMAND FOR AFFORDABLE CAROTENOIDS TO DRIVE MARKET
TABLE 89 OIL SUSPENSION: CAROTENOIDS MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 90 OIL SUSPENSION: CAROTENOIDS MARKET, BY REGION, 2024–2029 (USD MILLION)
TABLE 91 OIL SUSPENSION: CAROTENOIDS MARKET, BY REGION, 2020–2023 (TONS)
TABLE 92 OIL SUSPENSION: CAROTENOIDS MARKET, BY REGION, 2024–2029 (TONS)
9.5 EMULSION
9.5.1 RISING ADOPTION IN PROCESSING AND STORAGE OF ?-CAROTENE TO DRIVE MARKET
TABLE 93 EMULSION: CAROTENOIDS MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 94 EMULSION: CAROTENOIDS MARKET, BY REGION, 2024–2029 (USD MILLION)
TABLE 95 EMULSION: CAROTENOIDS MARKET, BY REGION, 2020–2023 (TONS)
TABLE 96 EMULSION: CAROTENOIDS MARKET, BY REGION, 2024–2029 (TONS)
10 CAROTENOIDS MARKET, BY SOURCE
10.1 INTRODUCTION
FIGURE 45 CAROTENOIDS MARKET, BY SOURCE, 2024 VS. 2029 (USD MILLION)
TABLE 97 CAROTENOIDS MARKET, BY SOURCE, 2020–2023 (USD MILLION)
TABLE 98 CAROTENOIDS MARKET, BY SOURCE, 2024–2029 (USD MILLION)
TABLE 99 CAROTENOIDS MARKET, BY SOURCE, 2020–2023 (TONS)
TABLE 100 CAROTENOIDS MARKET, BY SOURCE, 2024–2029 (TONS)
10.2 SYNTHETIC
10.2.1 LOWER MANUFACTURING COST TO DRIVE MARKET
TABLE 101 SYNTHETIC: CAROTENOIDS MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 102 SYNTHETIC: CAROTENOIDS MARKET, BY REGION, 2024–2029 (USD MILLION)
TABLE 103 SYNTHETIC: CAROTENOIDS MARKET, BY REGION, 2020–2023 (TONS)
TABLE 104 SYNTHETIC: CAROTENOIDS MARKET, BY REGION, 2024–2029 (TONS)
10.3 NATURAL
10.3.1 INCREASING FOCUS ON IMPROVED IMMUNITY RATES IN HUMANS AND ANIMALS TO DRIVE MARKET
TABLE 105 NATURAL: CAROTENOIDS MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 106 NATURAL: CAROTENOIDS MARKET, BY REGION, 2024–2029 (USD MILLION)
TABLE 107 NATURAL: CAROTENOIDS MARKET, BY REGION, 2020–2023 (TONS)
TABLE 108 NATURAL: CAROTENOIDS MARKET, BY REGION, 2024–2029 (TONS)
11 CAROTENOIDS MARKET, BY REGION
11.1 INTRODUCTION
FIGURE 46 CAROTENOIDS MARKET, BY COUNTRY, 2024–2029
TABLE 109 CAROTENOIDS MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 110 CAROTENOIDS MARKET, BY REGION, 2024–2029 (USD MILLION)
TABLE 111 CAROTENOIDS MARKET, BY REGION, 2020–2023 (TONS)
TABLE 112 CAROTENOIDS MARKET, BY REGION, 2024–2029 (TONS)
11.2 NORTH AMERICA
11.2.1 RECESSION IMPACT ANALYSIS
FIGURE 47 NORTH AMERICA: INFLATION RATES, BY KEY COUNTRY, 2018–2022
FIGURE 48 NORTH AMERICA: RECESSION IMPACT ANALYSIS, 2023
TABLE 113 NORTH AMERICA: CAROTENOIDS MARKET, BY COUNTRY, 2020–2023 (USD MILLION)
TABLE 114 NORTH AMERICA: CAROTENOIDS MARKET, BY COUNTRY, 2024–2029 (USD MILLION)
TABLE 115 NORTH AMERICA: CAROTENOIDS MARKET, BY COUNTRY, 2020–2023 (TONS)
TABLE 116 NORTH AMERICA: CAROTENOIDS MARKET, BY COUNTRY, 2024–2029 (TONS)
TABLE 117 NORTH AMERICA: CAROTENOIDS MARKET, BY TYPE, 2020–2023 (USD MILLION)
TABLE 118 NORTH AMERICA: CAROTENOIDS MARKET, BY TYPE, 2024–2029 (USD MILLION)
TABLE 119 NORTH AMERICA: CAROTENOIDS MARKET, BY TYPE, 2020–2023 (TONS)
TABLE 120 NORTH AMERICA: CAROTENOIDS MARKET, BY TYPE, 2024–2029 (TONS)
TABLE 121 NORTH AMERICA: CAROTENOIDS MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
TABLE 122 NORTH AMERICA: CAROTENOIDS MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
TABLE 123 NORTH AMERICA: CAROTENOIDS MARKET, BY APPLICATION, 2020–2023 (TONS)
TABLE 124 NORTH AMERICA: CAROTENOIDS MARKET, BY APPLICATION, 2024–2029 (TONS)
TABLE 125 NORTH AMERICA: CAROTENOIDS MARKET, BY FORMULATION, 2020–2023 (USD MILLION)
TABLE 126 NORTH AMERICA: CAROTENOIDS MARKET, BY FORMULATION, 2024–2029 (USD MILLION)
TABLE 127 NORTH AMERICA: CAROTENOIDS MARKET, BY FORMULATION, 2020–2023 (TONS)
TABLE 128 NORTH AMERICA: CAROTENOIDS MARKET, BY FORMULATION, 2024–2029 (TONS)
TABLE 129 NORTH AMERICA: CAROTENOIDS MARKET, BY SOURCE, 2020–2023 (USD MILLION)
TABLE 130 NORTH AMERICA: CAROTENOIDS MARKET, BY SOURCE, 2024–2029 (USD MILLION)
TABLE 131 NORTH AMERICA: CAROTENOIDS MARKET, BY SOURCE, 2020–2023 (TONS)
TABLE 132 NORTH AMERICA: CAROTENOIDS MARKET, BY SOURCE, 2024–2029 (TONS)
11.2.2 US
11.2.2.1 Rising focus on mitigating risks associated with cancer and cardiovascular disorders to drive market
TABLE 133 US: CAROTENOIDS MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
TABLE 134 US: CAROTENOIDS MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
TABLE 135 US: CAROTENOIDS MARKET, BY APPLICATION, 2020–2023 (TONS)
TABLE 136 US: CAROTENOIDS MARKET, BY APPLICATION, 2024–2029 (TONS)
11.2.3 CANADA
11.2.3.1 Growing livestock of dairy and poultry animals to drive market
TABLE 137 CANADA: CAROTENOIDS MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
TABLE 138 CANADA: CAROTENOIDS MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
TABLE 139 CANADA: CAROTENOIDS MARKET, BY APPLICATION, 2020–2023 (TONS)
TABLE 140 CANADA: CAROTENOIDS MARKET, BY APPLICATION, 2024–2029 (TONS)
11.2.4 MEXICO
11.2.4.1 Increasing use of carotenoids in feed industry to drive market
TABLE 141 MEXICO: CAROTENOIDS MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
TABLE 142 MEXICO: CAROTENOIDS MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
TABLE 143 MEXICO: CAROTENOIDS MARKET, BY APPLICATION, 2020–2023 (TONS)
TABLE 144 MEXICO: CAROTENOIDS MARKET, BY APPLICATION, 2024–2029 (TONS)
11.3 EUROPE
FIGURE 49 EUROPE: CAROTENOIDS MARKET SNAPSHOT
11.3.1 RECESSION IMPACT ANALYSIS
FIGURE 50 EUROPE: INFLATION RATES, BY KEY COUNTRY, 2018–2022
FIGURE 51 EUROPE: RECESSION IMPACT ANALYSIS, 2023
TABLE 145 EUROPE: CAROTENOIDS MARKET, BY COUNTRY, 2020–2023 (USD MILLION)
TABLE 146 EUROPE: CAROTENOIDS MARKET, BY COUNTRY, 2024–2029 (USD MILLION)
TABLE 147 EUROPE: CAROTENOIDS MARKET, BY COUNTRY, 2020–2023 (TONS)
TABLE 148 EUROPE: CAROTENOIDS MARKET, BY COUNTRY, 2024–2029 (TONS)
TABLE 149 EUROPE: CAROTENOIDS MARKET, BY TYPE, 2020–2023 (USD MILLION)
TABLE 150 EUROPE: CAROTENOIDS MARKET, BY TYPE, 2024–2029 (USD MILLION)
TABLE 151 EUROPE: CAROTENOIDS MARKET, BY TYPE, 2020–2023 (TONS)
TABLE 152 EUROPE: CAROTENOIDS MARKET, BY TYPE, 2024–2029 (TONS)
TABLE 153 EUROPE: CAROTENOIDS MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
TABLE 154 EUROPE: CAROTENOIDS MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
TABLE 155 EUROPE: CAROTENOIDS MARKET, BY APPLICATION, 2020–2023 (TONS)
TABLE 156 EUROPE: CAROTENOIDS MARKET, BY APPLICATION, 2024–2029 (TONS)
TABLE 157 EUROPE: CAROTENOIDS MARKET, BY FORMULATION, 2020–2023 (USD MILLION)
TABLE 158 EUROPE: CAROTENOIDS MARKET, BY FORMULATION, 2024–2029 (USD MILLION)
TABLE 159 EUROPE: CAROTENOIDS MARKET, BY FORMULATION, 2020–2023 (TONS)
TABLE 160 EUROPE: CAROTENOIDS MARKET, BY FORMULATION, 2024–2029 (TONS)
TABLE 161 EUROPE: CAROTENOIDS MARKET, BY SOURCE, 2020–2023 (USD MILLION)
TABLE 162 EUROPE: CAROTENOIDS MARKET, BY SOURCE, 2024–2029 (USD MILLION)
TABLE 163 EUROPE: CAROTENOIDS MARKET, BY SOURCE, 2020–2023 (TONS)
TABLE 164 EUROPE: CAROTENOIDS MARKET, BY SOURCE, 2024–2029 (TONS)
11.3.2 FRANCE
11.3.2.1 Booming dietary supplements industry to drive market
TABLE 165 FRANCE: CAROTENOIDS MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
TABLE 166 FRANCE: CAROTENOIDS MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
TABLE 167 FRANCE: CAROTENOIDS MARKET, BY APPLICATION, 2020–2023 (TONS)
TABLE 168 FRANCE: CAROTENOIDS MARKET, BY APPLICATION, 2024–2029 (TONS)
11.3.3 GERMANY
11.3.3.1 Growing concerns regarding food safety to drive market
TABLE 169 GERMANY: CAROTENOIDS MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
TABLE 170 GERMANY: CAROTENOIDS MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
TABLE 171 GERMANY: CAROTENOIDS MARKET, BY APPLICATION, 2020–2023 (TONS)
TABLE 172 GERMANY: CAROTENOIDS MARKET, BY APPLICATION, 2024–2029 (TONS)
11.3.4 NETHERLANDS
11.3.4.1 Growing incidences of cancer cases to drive market
TABLE 173 NETHERLANDS: CAROTENOIDS MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
TABLE 174 NETHERLANDS: CAROTENOIDS MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
TABLE 175 NETHERLANDS: CAROTENOIDS MARKET, BY APPLICATION, 2020–2023 (TONS)
TABLE 176 NETHERLANDS: CAROTENOIDS MARKET, BY APPLICATION, 2024–2029 (TONS)
11.3.5 RUSSIA
11.3.5.1 Increasing demand for antioxidant-rich foods to drive market
TABLE 177 RUSSIA: CAROTENOIDS MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
TABLE 178 RUSSIA: CAROTENOIDS MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
TABLE 179 RUSSIA: CAROTENOIDS MARKET, BY APPLICATION, 2020–2023 (TONS)
TABLE 180 RUSSIA: CAROTENOIDS MARKET, BY APPLICATION, 2024–2029 (TONS)
11.3.6 SPAIN
11.3.6.1 Surge in consumer demand for natural color alternatives over artificial additives to drive market
TABLE 181 SPAIN: CAROTENOIDS MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
TABLE 182 SPAIN: CAROTENOIDS MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
TABLE 183 SPAIN: CAROTENOIDS MARKET, BY APPLICATION, 2020–2023 (TONS)
TABLE 184 SPAIN: CAROTENOIDS MARKET, BY APPLICATION, 2024–2029 (TONS)
11.3.7 ITALY
11.3.7.1 Increasing utilization of carotenoids in skincare and cosmetics to drive market
TABLE 185 ITALY: CAROTENOIDS MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
TABLE 186 ITALY: CAROTENOIDS MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
TABLE 187 ITALY: CAROTENOIDS MARKET, BY APPLICATION, 2020–2023 (TONS)
TABLE 188 ITALY: CAROTENOIDS MARKET, BY APPLICATION, 2024–2029 (TONS)
11.3.8 REST OF EUROPE
TABLE 189 REST OF EUROPE: CAROTENOIDS MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
TABLE 190 REST OF EUROPE: CAROTENOIDS MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
TABLE 191 REST OF EUROPE: CAROTENOIDS MARKET, BY APPLICATION, 2020–2023 (TONS)
TABLE 192 REST OF EUROPE: CAROTENOIDS MARKET, BY APPLICATION, 2024–2029 (TONS)
11.4 ASIA PACIFIC
FIGURE 52 ASIA PACIFIC: CAROTENOIDS MARKET SNAPSHOT
11.4.1 RECESSION IMPACT ANALYSIS
FIGURE 53 ASIA PACIFIC: INFLATION RATES, BY KEY COUNTRY, 2018–2022
FIGURE 54 ASIA PACIFIC: RECESSION IMPACT ANALYSIS, 2023
TABLE 193 ASIA PACIFIC: CAROTENOIDS MARKET, BY COUNTRY, 2020–2023 (USD MILLION)
TABLE 194 ASIA PACIFIC: CAROTENOIDS MARKET, BY COUNTRY, 2024–2029 (USD MILLION)
TABLE 195 ASIA PACIFIC: CAROTENOIDS MARKET, BY COUNTRY, 2020–2023 (TONS)
TABLE 196 ASIA PACIFIC: CAROTENOIDS MARKET, BY COUNTRY, 2024–2029 (TONS)
TABLE 197 ASIA PACIFIC: CAROTENOIDS MARKET, BY TYPE, 2020–2023 (USD MILLION)
TABLE 198 ASIA PACIFIC: CAROTENOIDS MARKET, BY TYPE, 2024–2029 (USD MILLION)
TABLE 199 ASIA PACIFIC: CAROTENOIDS MARKET, BY TYPE, 2020–2023 (TONS)
TABLE 200 ASIA PACIFIC: CAROTENOIDS MARKET, BY TYPE, 2024–2029 (TONS)
TABLE 201 ASIA PACIFIC: CAROTENOIDS MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
TABLE 202 ASIA PACIFIC: CAROTENOIDS MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
TABLE 203 ASIA PACIFIC: CAROTENOIDS MARKET, BY APPLICATION, 2020–2023 (TONS)
TABLE 204 ASIA PACIFIC: CAROTENOIDS MARKET, BY APPLICATION, 2024–2029 (TONS)
TABLE 205 ASIA PACIFIC: CAROTENOIDS MARKET, BY FORMULATION, 2020–2023 (USD MILLION)
TABLE 206 ASIA PACIFIC: CAROTENOIDS MARKET, BY FORMULATION, 2024–2029 (USD MILLION)
TABLE 207 ASIA PACIFIC: CAROTENOIDS MARKET, BY FORMULATION, 2020–2023 (TONS)
TABLE 208 ASIA PACIFIC: CAROTENOIDS MARKET, BY FORMULATION, 2024–2029 (TONS)
TABLE 209 ASIA PACIFIC: CAROTENOIDS MARKET, BY SOURCE, 2020–2023 (USD MILLION)
TABLE 210 ASIA PACIFIC: CAROTENOIDS MARKET, BY SOURCE, 2024–2029 (USD MILLION)
TABLE 211 ASIA PACIFIC: CAROTENOIDS MARKET, BY SOURCE, 2020–2023 (TONS)
TABLE 212 ASIA PACIFIC: CAROTENOIDS MARKET, BY SOURCE, 2024–2029 (TONS)
11.4.2 CHINA
11.4.2.1 Growing production of carotenoid-rich products to drive market
TABLE 213 CHINA: CAROTENOIDS MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
TABLE 214 CHINA: CAROTENOIDS MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
TABLE 215 CHINA: CAROTENOIDS MARKET, BY APPLICATION, 2020–2023 (TONS)
TABLE 216 CHINA: CAROTENOIDS MARKET, BY APPLICATION, 2024–2029 (TONS)
11.4.3 INDIA
11.4.3.1 Rising health awareness and egg production to drive market
TABLE 217 INDIA: CAROTENOIDS MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
TABLE 218 INDIA: CAROTENOIDS MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
TABLE 219 INDIA: CAROTENOIDS MARKET, BY APPLICATION, 2020–2023 (TONS)
TABLE 220 INDIA: CAROTENOIDS MARKET, BY APPLICATION, 2024–2029 (TONS)
11.4.4 THAILAND
11.4.4.1 Growing super-aged population to drive market
TABLE 221 THAILAND: CAROTENOIDS MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
TABLE 222 THAILAND: CAROTENOIDS MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
TABLE 223 THAILAND: CAROTENOIDS MARKET, BY APPLICATION, 2020–2023 (TONS)
TABLE 224 THAILAND: CAROTENOIDS MARKET, BY APPLICATION, 2024–2029 (TONS)
11.4.5 JAPAN
11.4.5.1 Increasing demand for processed food & beverages to drive market
TABLE 225 JAPAN: CAROTENOIDS MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
TABLE 226 JAPAN: CAROTENOIDS MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
TABLE 227 JAPAN: CAROTENOIDS MARKET, BY APPLICATION, 2020–2023 (TONS)
TABLE 228 JAPAN: CAROTENOIDS MARKET, BY APPLICATION, 2024–2029 (TONS)
11.4.6 MALAYSIA
11.4.6.1 Surge in meat consumption to drive market
TABLE 229 MALAYSIA: CAROTENOIDS MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
TABLE 230 MALAYSIA: CAROTENOIDS MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
TABLE 231 MALAYSIA: CAROTENOIDS MARKET, BY APPLICATION, 2020–2023 (TONS)
TABLE 232 MALAYSIA: CAROTENOIDS MARKET, BY APPLICATION, 2024–2029 (TONS)
11.4.7 INDONESIA
11.4.7.1 Booming fisheries industry to drive market
TABLE 233 INDONESIA: CAROTENOIDS MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
TABLE 234 INDONESIA: CAROTENOIDS MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
TABLE 235 INDONESIA: CAROTENOIDS MARKET, BY APPLICATION, 2020–2023 (TONS)
TABLE 236 INDONESIA: CAROTENOIDS MARKET, BY APPLICATION, 2024–2029 (TONS)
11.4.8 AUSTRALIA & NEW ZEALAND
11.4.8.1 Increasing inclination toward vitamin supplements and herbal remedies to drive market
TABLE 237 AUSTRALIA & NEW ZEALAND: CAROTENOIDS MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
TABLE 238 AUSTRALIA & NEW ZEALAND: CAROTENOIDS MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
TABLE 239 AUSTRALIA & NEW ZEALAND: CAROTENOIDS MARKET, BY APPLICATION, 2020–2023 (TONS)
TABLE 240 AUSTRALIA & NEW ZEALAND: CAROTENOIDS MARKET, BY APPLICATION, 2024–2029 (TONS)
11.4.9 REST OF ASIA PACIFIC
TABLE 241 REST OF ASIA PACIFIC: CAROTENOIDS MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
TABLE 242 REST OF ASIA PACIFIC: CAROTENOIDS MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
TABLE 243 REST OF ASIA PACIFIC: CAROTENOIDS MARKET, BY APPLICATION, 2020–2023 (TONS)
TABLE 244 REST OF ASIA PACIFIC: CAROTENOIDS MARKET, BY APPLICATION, 2024–2029 (TONS)
11.5 SOUTH AMERICA
11.5.1 RECESSION IMPACT ANALYSIS
FIGURE 55 BRAZIL: INFLATION RATES, 2018–2022
FIGURE 56 SOUTH AMERICA: RECESSION IMPACT ANALYSIS
TABLE 245 SOUTH AMERICA: CAROTENOIDS MARKET, BY COUNTRY, 2020–2023 (USD MILLION)
TABLE 246 SOUTH AMERICA: CAROTENOIDS MARKET, BY COUNTRY, 2024–2029 (USD MILLION)
TABLE 247 SOUTH AMERICA: CAROTENOIDS MARKET, BY COUNTRY, 2020–2023 (TONS)
TABLE 248 SOUTH AMERICA: CAROTENOIDS MARKET, BY COUNTRY, 2024–2029 (TONS)
TABLE 249 SOUTH AMERICA: CAROTENOIDS MARKET, BY TYPE, 2020–2023 (USD MILLION)
TABLE 250 SOUTH AMERICA: CAROTENOIDS MARKET, BY TYPE, 2024–2029 (USD MILLION)
TABLE 251 SOUTH AMERICA: CAROTENOIDS MARKET, BY TYPE, 2020–2023 (TONS)
TABLE 252 SOUTH AMERICA: CAROTENOIDS MARKET, BY TYPE, 2024–2029 (TONS)
TABLE 253 SOUTH AMERICA: CAROTENOIDS MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
TABLE 254 SOUTH AMERICA: CAROTENOIDS MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
TABLE 255 SOUTH AMERICA: CAROTENOIDS MARKET, BY APPLICATION, 2020–2023 (TONS)
TABLE 256 SOUTH AMERICA: CAROTENOIDS MARKET, BY APPLICATION, 2024–2029 (TONS)
TABLE 257 SOUTH AMERICA: CAROTENOIDS MARKET, BY FORMULATION, 2020–2023 (USD MILLION)
TABLE 258 SOUTH AMERICA: CAROTENOIDS MARKET, BY FORMULATION, 2024–2029 (USD MILLION)
TABLE 259 SOUTH AMERICA: CAROTENOIDS MARKET, BY FORMULATION, 2020–2023 (TONS)
TABLE 260 SOUTH AMERICA: CAROTENOIDS MARKET, BY FORMULATION, 2024–2029 (TONS)
TABLE 261 SOUTH AMERICA: CAROTENOIDS MARKET, BY SOURCE, 2020–2023 (USD MILLION)
TABLE 262 SOUTH AMERICA: CAROTENOIDS MARKET, BY SOURCE, 2024–2029 (USD MILLION)
TABLE 263 SOUTH AMERICA: CAROTENOIDS MARKET, BY SOURCE, 2020–2023 (TONS)
TABLE 264 SOUTH AMERICA: CAROTENOIDS MARKET, BY SOURCE, 2024–2029 (TONS)
11.5.2 BRAZIL
11.5.2.1 Surge in aging population to drive market
TABLE 265 BRAZIL: CAROTENOIDS MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
TABLE 266 BRAZIL: CAROTENOIDS MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
TABLE 267 BRAZIL: CAROTENOIDS MARKET, BY APPLICATION, 2020–2023 (TONS)
TABLE 268 BRAZIL: CAROTENOIDS MARKET, BY APPLICATION, 2024–2029 (TONS)
11.5.3 ARGENTINA
11.5.3.1 High production of meat to drive market
TABLE 269 ARGENTINA: CAROTENOIDS MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
TABLE 270 ARGENTINA: CAROTENOIDS MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
TABLE 271 ARGENTINA: CAROTENOIDS MARKET, BY APPLICATION, 2020–2023 (TONS)
TABLE 272 ARGENTINA: CAROTENOIDS MARKET, BY APPLICATION, 2024–2029 (TONS)
11.5.4 REST OF SOUTH AMERICA
TABLE 273 REST OF SOUTH AMERICA: CAROTENOIDS MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
TABLE 274 REST OF SOUTH AMERICA: CAROTENOIDS MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
TABLE 275 REST OF SOUTH AMERICA: CAROTENOIDS MARKET, BY APPLICATION, 2020–2023 (TONS)
TABLE 276 REST OF SOUTH AMERICA: CAROTENOIDS MARKET, BY APPLICATION, 2024–2029 (TONS)
11.6 REST OF THE WORLD
11.6.1 RECESSION IMPACT ANALYSIS
FIGURE 57 REST OF THE WORLD: INFLATION RATES, BY KEY COUNTRY, 2018–2022
FIGURE 58 REST OF THE WORLD: RECESSION IMPACT ANALYSIS, 2023
11.6.2 MIDDLE EAST
TABLE 277 MIDDLE EAST: CAROTENOIDS MARKET, BY COUNTRY, 2020–2023 (USD MILLION)
TABLE 278 MIDDLE EAST: CAROTENOIDS MARKET, BY COUNTRY, 2024–2029 (USD MILLION)
TABLE 279 MIDDLE EAST: CAROTENOIDS MARKET, BY COUNTRY, 2020–2023 (TONS)
TABLE 280 MIDDLE EAST: CAROTENOIDS MARKET, BY COUNTRY, 2024–2029 (TONS)
TABLE 281 MIDDLE EAST: CAROTENOIDS MARKET, BY TYPE, 2020–2023 (USD MILLION)
TABLE 282 MIDDLE EAST: CAROTENOIDS MARKET, BY TYPE, 2024–2029 (USD MILLION)
TABLE 283 MIDDLE EAST: CAROTENOIDS MARKET, BY TYPE, 2020–2023 (TONS)
TABLE 284 MIDDLE EAST: CAROTENOIDS MARKET, BY TYPE, 2024–2029 (TONS)
TABLE 285 MIDDLE EAST: CAROTENOIDS MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
TABLE 286 MIDDLE EAST: CAROTENOIDS MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
TABLE 287 MIDDLE EAST: CAROTENOIDS MARKET, BY APPLICATION, 2020–2023 (TONS)
TABLE 288 MIDDLE EAST: CAROTENOIDS MARKET, BY APPLICATION, 2024–2029 (TONS)
TABLE 289 MIDDLE EAST: CAROTENOIDS MARKET, BY FORMULATION, 2020–2023 (USD MILLION)
TABLE 290 MIDDLE EAST: CAROTENOIDS MARKET, BY FORMULATION, 2024–2029 (USD MILLION)
TABLE 291 MIDDLE EAST: CAROTENOIDS MARKET, BY FORMULATION, 2020–2023 (TONS)
TABLE 292 MIDDLE EAST: CAROTENOIDS MARKET, BY FORMULATION, 2024–2029 (TONS)
TABLE 293 MIDDLE EAST: CAROTENOIDS MARKET, BY SOURCE, 2020–2023 (USD MILLION)
TABLE 294 MIDDLE EAST: CAROTENOIDS MARKET, BY SOURCE, 2024–2029 (USD MILLION)
TABLE 295 MIDDLE EAST: CAROTENOIDS MARKET, BY SOURCE, 2020–2023 (TONS)
TABLE 296 MIDDLE EAST: CAROTENOIDS MARKET, BY SOURCE, 2024–2029 (TONS)
11.6.3 SAUDI ARABIA
11.6.3.1 Growing focus on domestic food security and sustainability to drive market
TABLE 297 SAUDI ARABIA: CAROTENOIDS MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
TABLE 298 SAUDI ARABIA: CAROTENOIDS MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
TABLE 299 SAUDI ARABIA: CAROTENOIDS MARKET, BY APPLICATION, 2020–2023 (TONS)
TABLE 300 SAUDI ARABIA: CAROTENOIDS MARKET, BY APPLICATION, 2024–2029 (TONS)
11.6.4 UAE
11.6.4.1 Increasing shift toward natural and clean label products to drive market
TABLE 301 UAE: CAROTENOIDS MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
TABLE 302 UAE: CAROTENOIDS MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
TABLE 303 UAE: CAROTENOIDS MARKET, BY APPLICATION, 2020–2023 (TONS)
TABLE 304 UAE: CAROTENOIDS MARKET, BY APPLICATION, 2024–2029 (TONS)
11.6.5 REST OF MIDDLE EAST
TABLE 305 REST OF MIDDLE EAST: CAROTENOIDS MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
TABLE 306 REST OF MIDDLE EAST: CAROTENOIDS MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
TABLE 307 REST OF MIDDLE EAST: CAROTENOIDS MARKET, BY APPLICATION, 2020–2023 (TONS)
TABLE 308 REST OF MIDDLE EAST: CAROTENOIDS MARKET, BY APPLICATION, 2024–2029 (TONS)
11.6.6 AFRICA
11.6.6.1 Growing availability of affordable carotenoid products to drive market
TABLE 309 AFRICA: CAROTENOIDS MARKET, BY COUNTRY, 2020–2023 (USD MILLION)
TABLE 310 AFRICA: CAROTENOIDS MARKET, BY COUNTRY, 2024–2029 (USD MILLION)
TABLE 311 AFRICA: CAROTENOIDS MARKET, BY COUNTRY, 2020–2023 (TONS)
TABLE 312 AFRICA: CAROTENOIDS MARKET, BY COUNTRY, 2024–2029 (TONS)
TABLE 313 AFRICA: CAROTENOIDS MARKET, BY TYPE, 2020–2023 (USD MILLION)
TABLE 314 AFRICA: CAROTENOIDS MARKET, BY TYPE, 2024–2029 (USD MILLION)
TABLE 315 AFRICA: CAROTENOIDS MARKET, BY TYPE, 2020–2023 (TONS)
TABLE 316 AFRICA: CAROTENOIDS MARKET, BY TYPE, 2024–2029 (TONS)
TABLE 317 AFRICA: CAROTENOIDS MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
TABLE 318 AFRICA: CAROTENOIDS MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
TABLE 319 AFRICA: CAROTENOIDS MARKET, BY APPLICATION, 2020–2023 (TONS)
TABLE 320 AFRICA: CAROTENOIDS MARKET, BY APPLICATION, 2024–2029 (TONS)
TABLE 321 AFRICA: CAROTENOIDS MARKET, BY FORMULATION, 2020–2023 (USD MILLION)
TABLE 322 AFRICA: CAROTENOIDS MARKET, BY FORMULATION, 2024–2029 (USD MILLION)
TABLE 323 AFRICA: CAROTENOIDS MARKET, BY FORMULATION, 2020–2023 (TONS)
TABLE 324 AFRICA: CAROTENOIDS MARKET, BY FORMULATION, 2024–2029 (TONS)
TABLE 325 AFRICA: CAROTENOIDS MARKET, BY SOURCE, 2020–2023 (USD MILLION)
TABLE 326 AFRICA: CAROTENOIDS MARKET, BY SOURCE, 2024–2029 (USD MILLION)
TABLE 327 AFRICA: CAROTENOIDS MARKET, BY SOURCE, 2020–2023 (TONS)
TABLE 328 AFRICA: CAROTENOIDS MARKET, BY SOURCE, 2024–2029 (TONS)
11.6.7 SOUTH AFRICA
11.6.7.1 Rising focus on improving meat coloration to drive market
TABLE 329 SOUTH AFRICA: CAROTENOIDS MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
TABLE 330 SOUTH AFRICA: CAROTENOIDS MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
TABLE 331 SOUTH AFRICA: CAROTENOIDS MARKET, BY APPLICATION, 2020–2023 (TONS)
TABLE 332 SOUTH AFRICA: CAROTENOIDS MARKET, BY APPLICATION, 2024–2029 (TONS)
11.6.8 NIGERIA
11.6.8.1 Increasing demand for animal protein to drive market
TABLE 333 NIGERIA: CAROTENOIDS MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
TABLE 334 NIGERIA: CAROTENOIDS MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
TABLE 335 NIGERIA: CAROTENOIDS MARKET, BY APPLICATION, 2020–2023 (TONS)
TABLE 336 NIGERIA: CAROTENOIDS MARKET, BY APPLICATION, 2024–2029 (TONS)
11.6.9 REST OF AFRICA
TABLE 337 REST OF AFRICA: CAROTENOIDS MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
TABLE 338 REST OF AFRICA: CAROTENOIDS MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
TABLE 339 REST OF AFRICA: CAROTENOIDS MARKET, BY APPLICATION, 2020–2023 (TONS)
TABLE 340 REST OF AFRICA: CAROTENOIDS MARKET, BY APPLICATION, 2024–2029 (TONS)
12 COMPETITIVE LANDSCAPE
12.1 OVERVIEW
12.2 KEY PLAYER STRATEGIES
TABLE 341 KEY PLAYER STRATEGIES
12.3 REVENUE ANALYSIS
FIGURE 59 REVENUE ANALYSIS OF KEY MARKET PLAYERS, 2020–2023 (USD BILLION)
12.4 MARKET SHARE ANALYSIS
FIGURE 60 MARKET SHARE ANALYSIS OF KEY COMPANIES IN 2023
TABLE 342 DEGREE OF COMPETITION
12.5 BRAND/PRODUCT COMPARISON
FIGURE 61 BRAND/PRODUCT COMPARISON
12.6 COMPANY VALUATION AND FINANCIAL METRICS
FIGURE 62 COMPANY VALUATION (USD BILLION)
FIGURE 63 EV/EBITDA, 2023 (USD BILLION)
FIGURE 64 EBIT/EBITDA, 2023 (USD BILLION)
12.7 COMPANY EVALUATION MATRIX: KEY PLAYERS, 2023
12.7.1 STARS
12.7.2 EMERGING LEADERS
12.7.3 PERVASIVE PLAYERS
12.7.4 PARTICIPANTS
FIGURE 65 CAROTENOIDS MARKET: COMPANY EVALUATION MATRIX (KEY PLAYERS), 2023
12.7.5 COMPANY FOOTPRINT
FIGURE 66 CAROTENOIDS MARKET: COMPANY FOOTPRINT
TABLE 343 CAROTENOIDS MARKET: PRODUCT TYPE FOOTPRINT
TABLE 344 CAROTENOIDS MARKET: REGION FOOTPRINT
TABLE 345 CAROTENOIDS MARKET: APPLICATION FOOTPRINT
TABLE 346 CAROTENOIDS MARKET: SOURCE FOOTPRINT
12.8 COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2023
12.8.1 PROGRESSIVE COMPANIES
12.8.2 RESPONSIVE COMPANIES
12.8.3 DYNAMIC COMPANIES
12.8.4 STARTING BLOCKS
FIGURE 67 CAROTENOIDS MARKET: COMPANY EVALUATION MATRIX (STARTUP/SME), 2023
12.8.5 COMPETITIVE BENCHMARKING
TABLE 347 CAROTENOIDS MARKET: KEY STARTUP/SMES
TABLE 348 CAROTENOIDS MARKET: COMPETITIVE BENCHMARKING OF KEY STARTUP/SMES
12.9 COMPETITIVE SCENARIOS AND TRENDS
12.9.1 PRODUCT LAUNCHES
TABLE 349 CAROTENOIDS MARKET: PRODUCT LAUNCHES, JANUARY 2019–MAY 2024
12.9.2 DEALS
TABLE 350 CAROTENOIDS MARKET: DEALS, JANUARY 2019–MAY 2024
12.9.3 EXPANSIONS
TABLE 351 CAROTENOIDS MARKET: EXPANSIONS, JANUARY 2019–MAY 2024
13 COMPANY PROFILES
13.1 KEY PLAYERS
(Business Overview, Products/Solutions/Services Offered, Recent Developments, MnM view (Key strengths/Right to win, Strategic choices made, Weakness/competitive threats)*
13.1.1 DSM-FIRMENICH
TABLE 352 DSM-FIRMENICH: COMPANY OVERVIEW
FIGURE 68 DSM-FIRMENICH: COMPANY SNAPSHOT
TABLE 353 DSM-FIRMENICH: PRODUCTS OFFERED
TABLE 354 DSM-FIRMENICH: EXPANSIONS
13.1.2 BASF SE
TABLE 355 BASF SE: COMPANY OVERVIEW
FIGURE 69 BASF SE: COMPANY SNAPSHOT
TABLE 356 BASF SE: PRODUCTS OFFERED
TABLE 357 BASF SE: EXPANSIONS
13.1.3 CYANOTECH CORPORATION
TABLE 358 CYANOTECH CORPORATION: COMPANY OVERVIEW
FIGURE 70 CYANOTECH CORPORATION: COMPANY SNAPSHOT
TABLE 359 CYANOTECH CORPORATION: PRODUCTS OFFERED
TABLE 360 CYANOTECH CORPORATION: PRODUCT LAUNCHES
13.1.4 GIVAUDAN
TABLE 361 GIVAUDAN: COMPANY OVERVIEW
FIGURE 71 GIVAUDAN: COMPANY SNAPSHOT
TABLE 362 GIVAUDAN: PRODUCTS OFFERED
TABLE 363 GIVAUDAN: DEALS
TABLE 364 GIVAUDAN: EXPANSIONS
13.1.5 ADM
TABLE 365 ADM: COMPANY OVERVIEW
FIGURE 72 ADM: COMPANY SNAPSHOT
TABLE 366 ADM: PRODUCTS OFFERED
TABLE 367 ADM: DEALS
13.1.6 NHU
TABLE 368 NHU: COMPANY OVERVIEW
FIGURE 73 NHU: COMPANY SNAPSHOT
TABLE 369 NHU: PRODUCTS OFFERED
13.1.7 DIVI'S LABORATORIES LIMITED
TABLE 370 DIVI'S LABORATORIES LIMITED: COMPANY OVERVIEW
FIGURE 74 DIVI'S LABORATORIES LIMITED: COMPANY SNAPSHOT
TABLE 371 DIVI'S LABORATORIES LIMITED: PRODUCTS OFFERED
TABLE 372 DIVI'S LABORATORIES LIMITED: PRODUCT LAUNCHES
13.1.8 ALLIED BIOTECH CORPORATION
TABLE 373 ALLIED BIOTECH CORPORATION: COMPANY OVERVIEW
TABLE 374 ALLIED BIOTECH CORPORATION: PRODUCTS OFFERED
TABLE 375 ALLIED BIOTECH CORPORATION: PRODUCT LAUNCHES
13.1.9 LYCORED
TABLE 376 LYCORED: COMPANY OVERVIEW
TABLE 377 LYCORED: PRODUCTS OFFERED
TABLE 378 LYCORED: EXPANSIONS
13.1.10 KEMIN INDUSTRIES, INC.
TABLE 379 KEMIN INDUSTRIES, INC.: COMPANY OVERVIEW
TABLE 380 KEMIN INDUSTRIES, INC.: PRODUCTS OFFERED
TABLE 381 KEMIN INDUSTRIES, INC.: PRODUCT LAUNCHES
TABLE 382 KEMIN INDUSTRIES, INC.: DEALS
TABLE 383 KEMIN INDUSTRIES, INC.: EXPANSIONS
13.1.11 FUJI CHEMICAL INDUSTRIES CO., LTD.
TABLE 384 FUJI CHEMICAL INDUSTRIES CO., LTD.: COMPANY OVERVIEW
TABLE 385 FUJI CHEMICAL INDUSTRIES CO., LTD.: PRODUCTS OFFERED
TABLE 386 FUJI CHEMICAL INDUSTRY CO., LTD.: PRODUCT LAUNCHES
13.1.12 EW NUTRITION
TABLE 387 EW NUTRITION: COMPANY OVERVIEW
TABLE 388 EW NUTRITION: PRODUCTS OFFERED
TABLE 389 EW NUTRITION: DEALS
13.1.13 DЦHLER GMBH
TABLE 390 DЦHLER GMBH: COMPANY OVERVIEW
TABLE 391 DЦHLER GMBH: PRODUCTS OFFERED
TABLE 392 DЦHLER GMBH: DEALS
13.1.14 EXCELVITE
TABLE 393 EXCELVITE: COMPANY OVERVIEW
TABLE 394 EXCELVITE: PRODUCTS OFFERED
TABLE 395 EXCELVITE: DEALS
13.1.15 FARBEST BRANDS
TABLE 396 FARBEST BRANDS: COMPANY OVERVIEW
TABLE 397 FARBEST BRANDS: PRODUCTS OFFERED
TABLE 398 FARBEST BRANDS: DEALS
13.2 OTHER PLAYERS
13.2.1 SOLABIA GROUP
TABLE 399 SOLABIA GROUP: COMPANY OVERVIEW
13.2.2 VIDYA EUROPE SAS
TABLE 400 VIDYA EUROPE SAS: COMPANY OVERVIEW
13.2.3 FIORIO COLORI
TABLE 401 FIORIO COLORI: COMPANY OVERVIEW
13.2.4 VALENSA INTERNATIONAL
TABLE 402 VALENSA INTERNATIONAL: COMPANY OVERVIEW
13.2.5 BGG WORLD
TABLE 403 BGG WORLD: COMPANY OVERVIEW
13.2.6 KALSEC INC.
TABLE 404 KALSEC INC.: COMPANY OVERVIEW
13.2.7 AMBE PHYTOEXTRACTS PVT. LTD.
TABLE 405 AMBE PHYTOEXTRACTS PVT. LTD.: COMPANY OVERVIEW
13.2.8 VIDYA HERBS PVT. LTD.
TABLE 406 VIDYA HERBS PVT. LTD.: COMPANY OVERVIEW
13.2.9 ASTAMAZ NZ LTD.
TABLE 407 ASTAMAZ NZ LTD.: COMPANY OVERVIEW
13.2.10 XIAMEN SINOWAY CO., LTD.
TABLE 408 XIAMEN SINOWAY CO., LTD.: COMPANY OVERVIEW
*Details on Business Overview, Products/Solutions/Services Offered, Recent Developments, MnM view (Key strengths/Right to win, Strategic choices made, Weakness/competitive threats)* might not be captured in case of unlisted companies.
14 ADJACENT & RELATED MARKETS
14.1 INTRODUCTION
TABLE 409 ADJACENT MARKETS TO LYCOPENE MARKET
14.2 RESEARCH LIMITATIONS
14.3 FOOD COLORS MARKET
14.3.1 MARKET DEFINITION
14.3.2 MARKET OVERVIEW
14.3.3 FOOD COLORS MARKET, BY TYPE
TABLE 410 FOOD COLORS MARKET, BY TYPE, 2023–2028 (USD MILLION)
14.4 ASTAXANTHIN MARKET
14.4.1 MARKET DEFINITION
14.4.2 MARKET OVERVIEW
14.4.3 ASTAXANTHIN MARKET, BY FORM
TABLE 411 ASTAXANTHIN MARKET, BY FORM, 2021–2026 (USD MILLION)
15 APPENDIX
15.1 DISCUSSION GUIDE
15.2 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
15.3 CUSTOMIZATION OPTIONS
15.4 RELATED REPORTS
15.5 AUTHOR DETAILS
