Global Market Size of Carotenoids Market – 10 Year Market Forecast
Food & BeveragesCarotenoids Market Size Forecast 2022-2029
Carotenoids are red, yellow, and orange organic pigments which are made by plants and algae. The global market size for carotenoids is estimated to be USD 2.25 Billion in the year 2022 and is expected to rise to USD 3.05 Billion by the year 2029, giving a CAGR of 4% during the forecast period. Advancement in technology has made the extraction of carotenoids better. These are also being used as natural food colorants, leading its market towards growth. Moreover, higher demand is expected considering the health benefits it offers. However, due to the ongoing COVID-19 pandemic, the supply chain has been affected leading to hindrance in the market growth.
Carotenoids Market Size of United States
Carotenoids Market Analysis of United Kingdom
Carotenoids Market Trends of Germany
Carotenoids Market Forecast of France
Carotenoids Market Growth of Italy
Market Size of Carotenoids in Poland
Market Analysis of Carotenoids in Switzerland
Market Trends of Carotenoids in Sweden
Market Forecast of Carotenoids in Spain
Market Growth of Carotenoids Netherland
Belgium Carotenoids Market
Finland Carotenoids Market
Japan Carotenoids Market
South Korea Carotenoids Market
China Carotenoids Market
Carotenoids Market Size of Russia
Carotenoids Market Analysis of Malaysia
Carotenoids Market Trends of Singapore
Carotenoids Market Forecast of India
Carotenoids Market Growth of Brazil
Market segments - Carotenoids Market
By Type
– Astaxanthin
– Beta-Carotene
– Lutein
– Lycopene
– Canthaxanthin
– Zeaxanthin
– Other Types (Capsanthin, annatto, alpha-carotene, and apocarotenal)
Region Wise
– North America
– Europe
– APAC
– Middle East
– ROW
By Application
– Feed
– Food & Beverages
– Dietary Supplements
– Cosmetics
– Pharmaceuticals
Frequently Asked Questions(FAQ)
-
Which is the largest sub-segment by region in the Carotenoids market?
- The largest sub-segment by region in the Carotenoids market is Europe.
-
What is the forecast period for the Carotenoids market report?
- The forecast period for the Carotenoids market is between 2022-2029.
-
What are the driving factors for this market?
- Advancements in technology and carotenoid?s health benefits are the driving factor for this market.
-
State the forecasted CAGR for the Carotenoids market.
- The CAGR for the Carotenoids market is 4%.
-
What is Global market database?
- Global market database makes use of dynamic market data to study the shift in line with changing market trends.
Release date
Jan 1970
Region
Global
Countries Covered
The countries covered are US, UK, Germany, France, Italy, Poland, Switzerland, Sweden, Spain, Netherlands, Belgium, Finland. Japan, South Korea, China, Russia, Malaysia, Singapore, India, Brazil.
Supplementary notes
The regions covered are North America, Europe, APAC & ROW.
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