Canthaxanthin Market Forecast 2018-2024: Top Players - BASF, DSM, Zipont Chem(Wuhan) Tech CO., LTD, Parchem – Fine & Specialty Chemicals, Zhejiang Medicine Co., Ltd.
Increasing demand for sustainable and standardized coloring ingredients will drive canthaxanthin industry growth. Health benefits, easy availability, and quality coloring benefits will remain the key factors fueling demand. Large product adoptability as a colorant in dietary supplement, food & beverages, personal care, and pharmaceutical industry are escalating carotenoids market share. Canthaxanthin Market size is estimated to exceed USD 85 million by 2024; according to a new research report by Global Market Insights, Inc.