CAROTENOIDS MARKET ANALYST REVIEW The elder citizen constitutes a major percentage of the population in the developed regions and are the largest users of preventive and predictive medication such as carotenoids. Thus, increase in demand for dietary supplements from adult population is the major reason for higher demand of carotenoids. Shankar Bhandalkar Sr. Research Analyst, Food & Beverages at AMR

CURRENT AND FUTURE MARKET SCENARIO The global Carotenoids Market was valued at $1,577 million in The global Carotenoids Market is projected to reach $2,098 million by The global Carotenoids Market registering a CAGR of 3.6% from 2018 to In 2017, animal feed application segment accounted for the highest market share and is expected to growth at the highest CAGR of 3.7%. In 2017, synthetic source of carotenoids accounted for the highest market share growing at a CAGR of 3.2%.

TOP IMPACTING THE TOP IMPACTING MARKET FACTORS TO THE CAROTENOIDS MARKET Health problems faced by the geriatric population such as vision damage is often associated with insufficient intake of vitamins. This is anticipated to boost the demand for carotenoids, thereby, driving the market growth. Rise in demand for natural colorants and growth in end-user application further drive the global carotenoids market growth. Highly established cosmetics industry owing to the presence of key manufacturers such as Unilever, Beiersdorf, L'Oral, and Henkel is anticipated to supplement the growth of carotenoids market.

CAROTENOIDS MARKET SEGMENTATION Get Sample Report - BY PRODUCT Astaxanthin Capsanthin Lutein Beta-carotene Lycopene Others BY SOURCE Natural Synthetic BY APPLICATION Animal Feed Human Food Dietary Supplement Others BY REGION North America Europe Asia-Pacific LAMEA

CAROTENOIDS MARKET SEGMENTATION ANALYSIS Download Sample Report -

DOMINATING SEGMENTS ANIMAL FEED APPLICATION SEGMENT ASTAXANTHIN SYNTHETIC SOURCE The cloud deployment model segment accounted for the highest share in the market in 2015, growing at a CAGR of 25.6%.

GEOGRAPHICAL OVERVIEW Based on region, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA. In 2017, Europe accounted for the highest market share, growing at a CAGR of 3.7% from 2018 to In 2017, animal feed application segment accounted for the highest market share and is expected to growth at the highest CAGR of 3.7%. In 2017, the U.S. accounted for a prominent market share and is anticipated to grow at a significant CAGR of 3.2%. India is anticipated to grow at the highest CAGR of 5.6% from 2018 to 2025.

DOMINATING MARKET PLAYERS BASF SE Koninklijke DSM N.V. Chr. Hansen A/S FMC Corporation Cyanotech Corporation Kemin Industries Inc. DDW The Colour House Dhler Group Allied Biotech Corporation Excelvite

A Report Titled “Carotenoids Market- Opportunities And Forecasts, 2018– 2025” has been recently published by Allied Market Research. It makes an In-depth Analysis of current trends, drivers, and restraining factors that affect Financial Ratios relevant to the industry. Company profiles for key vendors in business builds a comprehensive picture of profitable opportunities from Stakeholder’s Perspective. To Know More About Carotenoids Market- Opportunities and Forecasts Get PDF Sample Copy Follow Allied Market Research

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