DUBLIN--(BUSINESS WIRE)--The "Carotenoids - Global Market Outlook (2017-2026)" report has been added to ResearchAndMarkets.com's offering.
According to this report, the Global Carotenoids is accounted for $1.19 billion in 2017 and is expected to reach $1.98 billion by 2026 growing at a CAGR of 5.8% during the forecast period.
Factors such as increasing demand for natural colorations, rising health ailments like obesity and nutrient deficiency and changing consumer preferences towards natural nutritional supplements are some of the factors fuelling the market growth.
However, stringent regulatory and approval norms and harmful effects of carotenoids are restricting the market growth.
Moreover, growing R&D for the advancement of high-value natural carotenoids is one of the major opportunities during the forecast period.
By type, beta carotene segment acquired considerable growth. Beta carotene is predominately found in fruits and veggies with a red, orange, or yellow color. Beta carotene plays crucial roles in the body's fight against free radicals.
By geography, Asia Pacific is expected to register the highest market growth rate during the forecast period owing to changes in lifestyle and food consumption among consumers and rise in the pharmaceutical and energy industries.
Key Topics Covered
1 Executive Summary
2 Preface
3 Market Trend Analysis
4 Porters Five Force Analysis
5 Global Carotenoids Market, By Source
6 Global Carotenoids Market, By Type
7 Global Carotenoids Market, By Application
8 Global Carotenoids Market, By Geography
9 Key Developments
10 Company Profiling
- BASF SE
- DSM N.V.
- Sensient Technologies Corporation
- Dhler Group
- ExcelVite Sdn. Bhd.
- Kemin Industries Inc.
- FMC Corporation
- Chr. Hansen A/S
- Allied Biotech Corp.
- Algatechnologies Ltd.
- EID Parry Ltd.
- Cyanotech Corporation
- Valensa International LLC
- Farbest Brands
- D.D. Williamson & Co. Inc.
- Guangzhou Leader Bio-Technology
For more information about this report visit https://www.researchandmarkets.com/research/ckc368/global?w=4
