Global Carotenoids Industry Trends, Professional Survey (2019-2024)
Carotenoids Introduction:
Carotenoids can be
produced naturally by plants but need to be externally supplied to the human
beings.
Along with the
coloration property, carotenoids are highly nutritious and are used to prevent
various diseases like diabetes, obesity, and cancer.
Axiom MRC Added an, “Carotenoids
Market Research Report, By
Type, Source, Application and Geography – Global Market Share, Trend Analysis
and Forecast up to 2024”
Growing occurrences of
chronic diseases like cancer, diabetes, obesity and high blood pressure is
increasing the health consciousness of the consumers resulting into increased
demand for healthy food and supplements.
The major usage of
carotenoids is done in health supplements, human food, animal feed, cosmetics
and pharmaceuticals. It is also used for coloration of meat and meat products
to make them attractive to the buyers.
Carotenoids Market Details:
The Global carotenoids
market was valued at USD 1.3 billion in 2015 and is projected to grow at a CAGR
of 3.2% from 2017 to 2022.
Carotenoids are any
class of fat soluble pigments containing carotene which give mainly orange,
yellow, or red color to the plants or animals.
Carotenoids Market by Geography:
North America
Europe
Asia Pacific
Carotenoids Market Top Players:
BASF SE
Royal DSM N.V.
Chr. Hansen A/S
FMC Corporation
Kemin Industries Inc.
Allied Biotech Corporation
Cynotech Corporation
D.D. Williamson &
Co. Inc.
ZMC DIVIS Laboratories
Carotech and
LycoRed.
Axiom Market Research
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intelligence to companies to assist them in taking informed business decisions
pertaining to their marketing strategy, investments, new product launches,
market competition, consumer or end users, social media trends etc.
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