Los Angeles, CA -- (SBWire) -- 02/16/2019 --Carotenoids are organic pigments that are produced by plants and algae, as well as several bacteria and fungi. Carotenoids can be produced from fats and other basic organic metabolic building blocks by all these organisms. The only animals known to produce carotenoids are aphids and spider mites, which acquired the ability and genes from fungi. Carotenoids from the diet are stored in the fatty tissues of animals, and exclusively carnivorous animals obtain the compounds from animal fat.
Carotenoids downstream is wide; the major fields are food, feed, pharmaceuticals and cosmetics etc. In recent years, these industries have developed rapidly. Increasing demand for food is expected to drive the demand for the Carotenoids market. As regions such as North America, China, and Europe are food ingredient driven regions, the demand for Carotenoidss is high in these areas.
Global market is expected to witness significant growth on account of rising applications, so in the next few years, Carotenoids production will show a trend of steady growth. In 2023 the production of Carotenoids will reach 3048MT, and the consumption increasing degree will be high. On product prices, it will be floating in the future.
The global Carotenoids market is valued at 1110 million US$ in 2018 is expected to reach 1160 million US$ by the end of 2025, growing at a CAGR of 0.6% during 2019-2025.
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At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.
The following manufacturers are covered:
DSM
BASF
Allied Biotech
Chenguang Biotech
FMC
Dohler
Chr. Hansen
Carotech
DDW
Excelvite
Segment by Type
Astaxanthin
Beta-Carotene
Canthaxanthin
Lycopene
Lutein
Segment by Application
Food
Feed
Pharmaceuticals
Cosmetics
Strategic Points Covered in TOC:
Chapter 1: Introduction, market driving force product scope, market risk, market overview, and market opportunities of the global market
Chapter 2: Evaluating the leading manufacturers of the global market which consists of its revenue, sales, and price of the products
Chapter 3: Displaying the competitive nature among key manufacturers, with market share, revenue, and sales
Chapter 4: Presenting global market by regions, market share and with revenue and sales for the projected period
Chapter 5, 6, 7, 8 and 9: To evaluate the market by segments, by countries and by manufacturers with revenue share and sales by key countries in these various regions
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Carotenoids Market Flourishes by 2025 and Attracts Investors
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