Global Carotenoids Market to Grow at a CAGR of 4.02% During 2016-2020: MarketResearchReports.biz
MarketResearchReports.biz has recently announced the addition of a market study “Global Carotenoids Market 2016-2020”, is a comparative analysis of the global market.
Albany, NY -- (SBWire) -- 10/03/2016 --About Carotenoids
Carotenoids are a class of phytonutrients found in the cells of a wide variety of plants, bacteria, and algae, which help plants absorb light energy for the process of photosynthesis. They play an important antioxidant function of deactivating free radicals (single oxygen atoms that can damage cells by reacting with other molecules). Carotenoids are responsible for the bright red, yellow, and orange colors in fruits and vegetables. These pigments play an important role in plant health. Also, people eating carotenoid-rich food get health benefits.
Technavios analysts forecast the global carotenoids market to grow at a CAGR of 4.02% during the period 2016-2020.
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Covered in this report
The report covers the present scenario and the growth prospects of the global carotenoids market for 2016-2020. To calculate the market size, the report considers the revenue generated from the sale of the beta-carotene, lutein and zeaxanthin, astaxanthin, and other (lycopene, canthaxanthin, annatto, capsanthin, fucoxanthin, and trans--apo-8'-carotenal.
The market is divided into the following segments based on geography:
Americas
APAC
EMEA
Technavio's report, Global Carotenoids Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
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Key vendors
Allied Biotech
BASF
Kemin Industries
Koninklijke DSM
Other prominent vendors
Alga technologies
D.D. Williamson
ExcelVite
Farbest Brands
FMC
Guangzhou Leader Bio-Technology
Lycored
PAT Vitamins
Valensa International
Market driver
Increase in number of chronic diseases
For a full, detailed list, view our report
Market challenge
Intense competition among vendors
For a full, detailed list, view our report
Market trend
Increasing demand for dietary supplements from older adult population
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2020 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
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