Carotenoids Market Outlook 2031: Presents Market Insights & Depth Analysis
Carotenoids
Market is expected to grow at a CAGR of 3.0% during the forecast
period. The possesses huge potential as carotenoids are an essential
antioxidant that plays a crucial role in human health. These are potent
antioxidants that can help prevent some forms of cancer and heart disease and
supports to enhance the immune response to infections. Most common carotenoids
include astaxanthin, beta carotene, lutein, zeaxanthin, and lycopene. Certain
carotenoids can be converted into vitamin A, such as ?-Carotene and ?-carotene,
which is important for human growth, eye health, and immune system function.
Due to these advantages, carotenoids are significantly used in nutraceutical,
pharmaceutical, and human food. Carotenoid-rich foods can prevent the growth of
cancerous cells and protect healthy cells in the eye. There are some factors
primarily boosting the growth of the market, which includes rising demand for
natural colorants and a significant rise in the awareness regarding the health
benefits of carotenoids.
In addition, the rising demand for dietary supplements is
further encouraging the growth of the global carotenoids market. For instance,
as per Council for Responsible Nutrition (CRN), 78% of the US adults aged more
than 55 take dietary supplements, followed by those aged 35–54 (77%) and 18–34
(69%). This rise in the demand for dietary supplements tends to drive the
demand for carotenoids. Carotenoids are highly soluble in fat and highly
insoluble in water. They circulate in lipoproteins, along with cholesterol and
other fats. The most commonly used carotenoids in the human diet include
astaxanthin, ?-carotene, zeaxanthin, lutein, and lycopene. As a result, these
carotenoids are used in dietary supplements as a nutritional component to
fulfill the everyday requirement of nutrition or reduce the risk of medical
conditions, such as hypertension and cancer. However, stringent government
regulations are a major factor that is restricting market growth.
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·
Synthetic
By Application
Nutraceutical
Pharmaceutical
Poultry Feed
·
Human Food
Others (Cosmetics)
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North America
· United
States
· Canada
Europe
· UK
· Germany
· Spain
· France
· Italy
· Rest
of Europe
Asia-Pacific
· India
· China
· Japan
· South
Korea
· Rest
of APAC
Rest of the World
•
Latin America
•
Middle East and Africa
Company Profiles
·
Allied Biotech Corp.
BASF SE
·
BioExtract
Carotec, Inc.
Chenguang Biotech Group Co., Ltd.
Chr. Hansen Holding A/S
Cyanotech Corp.
DDW The Color House
ExcelVite Sdn. Bhd.
FMC Corp.
·
Fuji Chemical Industries Co., Ltd.
Kemin Industries, Inc.
·
Koninklijke DSM N.V.
Novus International, Inc.
·
NOW Health Group, Inc.
Sensient Technologies Corp.
Valensa International
Vidya Herbs Pvt Ltd.
·
Vinayak Ingredients India Pvt Ltd.
Yigeda Bio-Technology Co., Ltd.
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