This report focuses on Natural Carotenoids. Carotenoids, also called tetraterpenoids, are organic pigments that are produced by plants and algae, as well as several bacteria and fungi. Carotenoids give the characteristic color to carrots, corn, canaries, and daffodils, as well as egg yolks, rutabagas, buttercups, and bananas. Carotenoids can be produced from fats and other basic organic metabolic building blocks by all these organisms. Carotenoids from the diet are stored in the fatty tissues of animals, and exclusively carnivorous animals obtain the compounds from animal fat. There are over 600 known carotenoids, mainly included Beta -carotene, Lutein, lycopene, astaxanthin, canthaxanthin, lutein, carmine, capsaicin, fucoidin, etc.
Natural Carotenoids downstream is wide and recently Natural Carotenoids has acquired increasing significance in various fields of Food, Feed, Pharmaceuticals, Cosmetics and others. Globally, the Natural Carotenoids market is mainly driven by growing demand for Food and Feed. Food and Feed account for nearly 80.00% of total downstream consumption of Natural Carotenoids in global.
Global market is expected to witness significant growth on account of rising applications, so in the next few years, Natural Carotenoids consumption will show a trend of steady growth. In 2024 the consumption of Natural Carotenoids is estimated to be 2699.8 MT. On product prices, the slow downward trend in recent years will maintain in the future.
Global Natural Carotenoids market size will increase to 1040 Million US$ by 2025, from 750 Million US$ in 2018, at a CAGR of 4.1% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Natural Carotenoids.
This report researches the worldwide Natural Carotenoids market size (value, capacity, production and consumption) in key regions like United States, Europe, Asia Pacific (China, Japan) and other regions.
This study categorizes the global Natural Carotenoids breakdown data by manufacturers, region, type and application, also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
The following manufacturers are covered in this report:
Oryza Oil & Fat Chemical
Natural Carotenoids Breakdown Data by Type
Natural Carotenoids Breakdown Data by Application
Natural Carotenoids Production Breakdown Data by Region
Natural Carotenoids Consumption Breakdown Data by Region
Rest of Europe
Central & South America
Rest of South America
Middle East & Africa
Rest of Middle East & Africa
The study objectives are:
To analyze and research the global Natural Carotenoids capacity, production, value, consumption, status and forecast;
To focus on the key Natural Carotenoids manufacturers and study the capacity, production, value, market share and development plans in next few years.
To focuses on the global key manufacturers, to define, describe and analyze the market competition landscape, SWOT analysis.
To define, describe and forecast the market by type, application and region.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends and factors driving or inhibiting the market growth.
To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
To strategically analyze each submarket with respect to individual growth trend and their contribution to the market.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
In this study, the years considered to estimate the market size of Natural Carotenoids :
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.