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Carotenoids Market to Account USD 300 million in 2024 Growing at a CAGR of 4%

Author : Rahul Sankrityayan | Published Date : 2021-03-03 

In a recently published report by Dec Research Inc. titled - The Carotenoids market is segmented into Source, Product, Application and Region. The report provides brief information about Market size, share, drivers, restraints, overall growth, recent development in the market, opportunity, challenges, business strategies and so on.

The Carotenoids market is expected to grow at a compound annual growth rate of 4% during the forecast period. Moreover, the Carotenoids market has registered a revenue of USD 200 million in 2015 and is anticipated to garner USD 300 million in 2024.

Carotenoids Market report helps to understand the most dominating growth drivers as well as the obstacles occurring in the market. Combined with this, it enlightens the readers about several aspects of the global market namely current trends, regional analysis, segments, business figure, and top players. The report encompasses several factors that have contributed to the growth of the market in recent years. The Carotenoids market report highlights a few of the leading market drivers and analyzes their impact on the market.

***Are You A Start-Up, On the Way to Make It Vast? Grab an Exclusive Sample Copy Here***

Get Sample Report + All Related Graphs & Charts (with COVID 19 Analysis) at: https://www.decresearch.com/request-sample/detail/855

Some of the prominent players operating in the Carotenoids Market:

Key players are involved in mergers and acquisition to strengthen their market position. Owing to increasing competition frequent innovations are taking place in the market. Some of the companies operating the industry are: DSM, BASF, Chr. Hansen Holding A/S, FMC Corporation, Lycored, Cyanotech Corporation, Kemin Industries, Inc., Divis Laboratories, Dohler Group, Allied Biotech Corporation, D.D. Williamson & Co., Inc, ExcelVite Sdn. Bhd., Naturex, Vidya Europe SAS, Brenntag North America, Inc., Dynadis SARL, Zhejiang Medicine Co. Ltd., Zhejiang NHU Co. Ltd., Deinove, Cognis

The report analyzes the ongoing Carotenoids market trends across North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa.

  • North America [United States, Canada, Mexico]
  • South America [Brazil, Argentina, Columbia, Chile, Peru]
  • Europe [Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
  • Middle East & Africa [GCC, North Africa, South Africa]
  • Asia-Pacific [China, Southeast Asia, India, Japan, Korea, Western Asia]

The Carotenoids market report also covers an overview of the segment and sub-segmentation is as follows:

"By Source:

  • Synthetic
  • Natural

By Product:

  • Beta-carotene
  • Lutein
  • Astaxanthin
  • Canthaxanthin
  • Lycopene
  • Others (Zeaxanthin, Capsanthin, Annatto)

By Application:

  • Food & beverage
  • Pharmaceutical
  • Cosmetics
  • Animal Feed
  • Dietary supplements"

An Overview of the Impact of COVID-19 on this Market:

The emergence of COVID-19 has brought the world to a standstill. We understand that this health crisis has brought an unprecedented impact on businesses across industries. There are some industries that are struggling and some are thriving. Overall, almost every sector is anticipated to be impacted by the pandemic. We are taking continuous efforts to help your business sustain and grow during COVID-19 pandemics. Based on our experience and expertise, we will offer you a global impact analysis of coronavirus outbreak across the market to help you prepare for the future.

Reasons to Purchase this Report:

  • The Dec Research Inc. provides a qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors.
  • We provide all the market value (USD Billion) data for each segment and sub-segment
  • This report indicates the region and segment that is expected to witness the fastest growth in the globe.
  • The Carotenoids report provides you analysis by geography highlighting the product consumption, demand in the region as well as indicating the factors that are affecting the market within each region.
  • We provide a competitive landscape which indicates the market ranking of the major players, along with new product launches, partnerships, mergers and acquisitions in the past years.
  • The report includes top company profiles including company overview, insights, product benchmarking and SWOT analysis for the key market players.
  • The report includes current as well as future market information with respect to recent developments (which involve growth opportunities and drivers as well as challenges and restraints in each region.
  • Carotenoids market report includes a comprehensive analysis of the market of various perspectives through Porter’s five forces analysis
  • Provides insight into the market through Value Chain
  • This report provides a Market dynamics scenario, along with growth opportunities of the market in the years to come.

*If you have any requirements regarding report or you want to customize report as per your requirements, please let us know and we will offer you the report as you want. Thank You for reading this article.

Contact us:

Global Market Insights, Inc.

Phone: 1-302-846-7766

Toll Free: 1-888-689-0688

Email: mailto:[email protected]

Read Our More Reports from Other Reputed Sources:

  1. Commercial Seaweed Market: North American market for commercial seaweed will exceed USD 9.5 billion by 2026.
  2. Fruit Snacks Market: North America Fruit Snacks Market accounted over 30% industry share in 2018.
  3. Biostimulants Market: Acid-based ingredients dominate the biostimulants market share accounting for over 50% by 2024.

About Author

Rahul Sankrityayan

Rahul Sankrityayan

Fortified with a post-graduate degree in Computer Applications, Rahul Sankrityan writes for fractovia, where he pens down news and articles spanning across segments of technology industry that excite him on a day-to-day basis. Rahul comes with a rich experience in technical field as well as writing. [email protected] | https://twitter.com/sankritsays

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