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Carotenoids Market by Type, Application, Region - Global Forecast 2026

Carotenoids Market is Segmented by Type, Application Source, Region & is projected to grow from USD 1.5 billion in 2019 to USD 2.0 billion by 2026

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Carotenoids Market by Type, Application, Region - Global Forecast 2026

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  1. MarketsandMarkets™ Presents Carotenoids Market - Forecast to 2026 https://www.marketsandmarkets.com/Market-Reports/carotenoid-market-158421566.html

  2. The report "Carotenoids Market by Type (Astaxanthin, Beta-Carotene, Lutein, Lycopene, Canthaxanthin, and Zeaxanthin), Application (Feed, Food & Beverages, Dietary Supplements, Cosmetics, and Pharmaceuticals), Source, Formulation, and Region - Global Forecast to 2026" The carotenoids market is projected to grow from USD 1.5 billion in 2019 to USD 2.0 billion by 2026, recording a compound annual growth rate (CAGR) of 4.2% during the forecast period. The major factors driving the growth of the carotenoids market include the growing use of carotenoids in preventive healthcare and as a food colorant in the feed industry. Browse 147 market data Tables and 39 Figures spread through 186 Pages and in-depth TOC on "Carotenoids Market - Global Forecast to 2026“ The European market accounted for the largest share in 2018 due to the presence of leading manufacturers, such as Koninklijke DSM (Netherlands), BASF (Germany), Chr. Hansen (Denmark), and Dohler Group (Germany). Further, the increase in the aging population in the region has led to a surge in demand for lutein, lycopene, and beta-carotene to treat cataract and reduce the risk of diabetes, cancer, and other heart-related issues. Although synthetic carotenoids account for a high share in the market, consumers prefer opting for natural and clean label products, which is projected to drive the growth of the naturally-sourced carotenoids market in this region. Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=158421566

  3. Report Objectives: • Determining and projecting the size of the carotenoids market, with respect to type, application, source, formulation, and regional markets, over the period of seven years, ranging from 2019 to 2026 • Identifying the attractive opportunities in the market by determining the largest and fastest-growing segments across regions • Providing detailed information about the key factors influencing the growth of the market (drivers, restraints, opportunities, and industry-specific challenges) • Analyzing the micromarkets, with respect to individual growth trends, future prospects, and their contribution to the total market • Identifying and profiling the key market players in the carotenoids market • Providing a comparative analysis of the market leaders based on the following parameters: • Product offerings • Business strategies • Strengths and weaknesses • Key financials • Understanding the competitive landscape and identifying the major growth strategies adopted by players across the key regions • Analyzing the value chain, products, and regulatory frameworks across key regions and their impact on the prominent market players • Providing insights on key product innovations and investments in the carotenoids market • Make an Inquiry: https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=158421566

  4. By application, the feed segment is estimated to account for the largest market share in 2019 in the carotenoids market Carotenoids are extensively used in animal nutrition products due to their coloring properties and are incorporated in feed to pigment the egg yolks, broiler skin, fishes, and crustaceans. These also help in increasing the immunity and improving the health of livestock by enhancing the quality of nutrition. The fertility of cattle, swine, and horses can be improved by feeding beta-carotene, whereas astaxanthin and canthaxanthin help in improving the growth of salmons and larval fishes. The beadlet segment in the carotenoids market is estimated to dominate the market in 2019 On the basis of formulation, the beadlet segment is estimated to dominate the carotenoids market in 2019. Carotenoid beadlets are free-flowing spherical particles developed from spray drying technology. They are usually packed in an aluminum foil bag and stored in a cool and dry place away from direct light, oxygen, and heat. Some of the other major benefits of using beadlet formulations include increased stability, cold water dispersion, and enhanced of shelf life. Key players in the carotenoids market include Koninklijke DSM (Netherlands), BASF (Germany), Chr. Hansen (Denmark), Kemin Industries (US), Lycored Limited (Israel), Cyanotech Corporation (US), Novus International (US), DDW The Color House (US), Dohler Group (Germany), Allied Biotech Corporation (Taiwan), E.I.D Parry (India), Farbest Brands (US), Dynadis SARL (France), Deinove SAS (France), Vidya Europe SAS (France). Request Sample Pages of the report:https://www.marketsandmarkets.com/requestsampleNew.asp?id=158421566

  5. Recent Developments: • In June 2019, DDW The Color House acquired Du Pont Natural Colors (Denmark) to enhance the presence of the company in the global market. This acquisition would also help it expand its portfolio with new products. • In April 2019, Döhler Group acquired a majority of shares in Zumos Catalano Aragoneses S.A. (ZUCASA), which is based in Spain. This would help the company to increase its presence in the fruits and carotenoids segment. • In April 2019, ExcelViteSdn. Bhd. collaborated with US Pharmacopeia (US) to publish a new plant carotenes monograph. It was developed based on mixed carotene complex, EVTene. The publication of this monograph would reinstate the efforts of the company to meet the high ingredient standards. • In April 2019, Zhejiang NHU Co. Ltd formed a partnership with LJ Ingredients (Denmark). Through this partnership, LJ Ingredients became an exclusive sales agent for beta-carotene products for the company in the European market. • In March 2019, Kemin Industries launched Organic KEM GLO, which is a USDA certified organic carotenoid that helps organic egg producers to intensify the colors of egg yolks. This would help the company to attain a leading position in the feed carotenoids market. • Key questions addressed by the report: • Who are the major market players in the carotenoids market? • What are the regional growth trends and the largest revenue-generating regions for the carotenoids market? • Which are the key regions that are projected to witness significant growth in the carotenoids market? • What are the major types of carotenoids that are projected to gain maximum market revenue and share during the forecast period? • Speak to Analyst: https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=158421566

  6. Contact Us Contact:Mr. Shelly SinghMarketsandMarkets™ INC. 630 Dundee Road Suite 430 Northbrook, IL 60062 USA : 1-888-600-6441 Email: sales@marketsandmarkets.comBlog @ http://www.marketsandmarketsblog.com/market-reports/food-and-beverage Connect with us on LinkedIn @ http://www.linkedin.com/company/marketsandmarkets

  7. About MarketsandMarkets™ MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions. Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve. MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

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