Carotenoids Market: Global Industry Research Report 2020-2027 | Envisage Research
Envisage report cover

Carotenoids Market - By Product Type (Beta-Carotene, Lutein, Lycopene, Astaxanthin, Zeaxanthin, Canthaxanthin, And Others), By Source (Natural and Synthetic), By Application (Dietary Supplements, Food & Beverages, Personal Care, Pharmaceuticals, And Others), and By Region (North America, Asia Pacific, Europe, Middle East & Africa and Latin America) - Industry Analysis, opportunity and Forecast 2020 To 2027

Published Date: May 2021

No. of Pages: 189

Status: Published

Report Code: EMR100424

The global carotenoids market was valued at $1.49 billion in 2020 and is projected to reach $1.84 million by 2027, registering a CAGR of 3.56% from 2020 to 2027. The senior citizen segment constitutes a major portion of the population in the developed world and is the largest user of preventive and predictive medication. Health problems faced by the geriatric population such as vision damage is often associated with insufficient intake of vitamins. This is anticipated to boost the demand for carotenoids, thereby, driving the market growth. In addition, rise in demand for natural colorants and growth in end-user application further drive the global carotenoids market growth.Carotenoids, also called tetraterpenoids, are yellow, orange, and red organic pigments that are produced by plants and algae, as well as several bacteria, and fungi. Carotenoids give the characteristic colour to pumpkins, carrots, corn, tomatoes, canaries, flamingos, salmon, lobster, shrimp, and daffodils. Carotenoids can be produced from fats and other basic organic metabolic building blocks by all these organisms.

In recent years, annatto, rich in two carotenoids including bixin and norbixin, has witnessing growing demand from dairy products, biscuits, flour, snacks, rice, cakes, meat, and soft drinks. Moreover, natural food colour sales are growing globally in response to increasing demand for clean label products. Formulators are exploring natural food colours, influencing consumer perception of the product.

Organic certified colours are becoming prominent and new colouring juices are under development process following the National Organic Program (N.O.P) under U.S. Department for Agriculture.
The ban on several synthetic colours in the US is leading to the reformulation of products by EU exporters. This is alleviated by replacing synthetic colors with natural alternatives. Western Europe is likely to be the largest market for natural colors in the near future owing to growing demand for natural coloring by manufacturers. Natural food colors are being commercially produced for pharmaceuticals, due to consumer concerns regarding synthetic coloring. The color cosmetics market in the US is also gaining popularity with natural and organic brands. FDA has also provided approved list of natural colorants including annatto, caramel, beta-carotene, etc., to be used in cosmetics.

The major players profiled in this report include BASF SE, Koninklijke DSM N.V., Chr. Hansen A/S, FMC Corporation, Cyanotech Corporation, Kemin Industries Inc., DDW The Colour House, Dhler Group, Allied Biotech Corporation, and Excelvite.

Analyst Commentary

Beta-carotenes dominated the overall industry and accounted for 24% of the global volume share in 2015. Beta-carotenes are used as a colorant, antioxidant, and act as a rich source of vitamin A in food, feed, dietary supplements, cosmetics, and medicines, which in turn, will stimulate carotenoids market size.

Astaxanthin is projected to witness significant growth over the forecast period owing to its increasing usage in animal feed ingredients, human antioxidants, and for the colouring of shrimps, salmon, and trout. Moreover, properties such as quick wound recovery and human stamina enhancement are expected to aid in the industry
The segment is projected to witness slow growth over the forecast period on account of growing consumer preference for naturally sourced products.

Natural sources are projected to witness significant volume and revenue growth over the forecast period. Natural sources include flowers, plant leaves, bird feathers, fruits, crustacean shells, and fish flesh. Growing consumer awareness regarding health benefits and the advantages associated with natural products is expected to fuel industry demand over the forecast period.

Animal feed was the prominent segment and accounted for 41% of the overall revenue share in 2015. Animals require carotenoids as their bodies cannot produce these essential nutrients; therefore, these nutrients are added to animal feed as they provide immunity against diseases, which in turn, will drive growth over the forecast period.

Dietary supplements are expected to witness significant gains owing to rising health consciousness and changing lifestyles of the consumers. Carotenoids are key additives used in human health supplements on account of their benefits which include immunity enhancement and richness in vitamins, which in turn, will promote demand over the forecast period.

Segmentation

The global carotenoids market has been segmented based on product type, source, application, and region. The global carotenoids market has been classified, based on product type, into beta-carotene, lutein, lycopene, astaxanthin, zeaxanthin, canthaxanthin, and others. The global carotenoids market has been divided, based on source, into natural and synthetic. The global carotenoids market has been classified, based on application, into dietary supplements, food & beverages, personal care, pharmaceuticals, and others. The global carotenoids market has been analysed for four key regions—North America, Europe, Asia-Pacific, and the rest of the world. The North American carotenoids market has further been segmented into the US, Canada, and Mexico. The European carotenoids market has been classified as the UK, Germany, France, Italy, Spain, and the Rest of Europe. The carotenoids market in Asia-Pacific has been segmented into China, India, Japan, Australia & New Zealand, and the rest of Asia-Pacific. The carotenoids market in the rest of the world has been segmented into South America, the Middle East, and Africa.

Regional Analysis

Asia Pacific is expected to show high gains on account of growing usage of these additives in feed, supplement, food, pharmaceutical, and cosmetic applications. The industry is anticipated to be driven by technological advancements, industrial growth, economic growth, and low costs of production in countries such as China, Japan, and India.

The growing middle-class population, educational development, and the rising disposable incomes in the region have led to rising consumer awareness regarding the health benefits of dietary supplements. Moreover, the presence of major pharmaceutical companies such as Dr. Reddy's Laboratories, Cipla, Sun Pharmaceutical, GSK, Roche, and Novo Nordisk will further aid in market growth.

Europe was the largest market and is expected to witness steady revenue growth at a CAGR of 3.8% from 2016 to 2025 in light of rising demand for health supplements and animal feed. Well-established cosmetics industry owing to the presence of key manufacturers such as L'Oreal, Unilever, Beiersdorf, and Henkel is anticipated to be a major factor influencing growth in the region.

TABLE OF CONTENTS
Chapter 1. Executive Summary
Chapter 2. Research Methodology
2.1. Research approach
2.2. Scope, definition, and assumptions
2.3. Data Product Types
2.3.1. Secondary Product Types
2.3.1.1. Preliminary data mining
2.3.2. Primary Product Types
2.3.2.1. Statistical Model
2.3.2.2. Data Triangulation
2.3.2.3. Research Objective
Chapter 3. Market Outlook
3.1. Introduction
3.2. Key trends
3.2.1. xx
3.3. Market drivers
3.3.1. Impact analysis of Market Drivers
3.4. Market restraints
3.4.1. Impact analysis of Market Restraints
3.5. Market opportunities
3.5.1. Impact analysis of Market Opportunities
3.6. Market Challenges
3.6.1. Impact analysis of Market Trends
3.7. Porter’s Five Forces’ analysis
3.7.1. Bargaining Power of Suppliers
3.7.2. Bargaining Power of Buyers
3.7.3. Threat of New Entrant
3.7.4. Threat of Substitutes
3.7.5. High Competitive Rivalry
3.8. Value chain analysis
Chapter 4. COVID-19 Impact On Global Carotenoid Market
Chapter 5. Global Carotenoid Market Overview, By Product Type, 2015 - 2027 (USD Million)
5.1. Global Carotenoid Market Share, By Product Type, 2015 - 2027 (USD Million)
5.1.1. Dietary Supplements
5.1.1.1. Market Size and Projections,2015 - 2027 (USD Million)
5.1.1.2. Market Size and Projections, by Region, 2015 - 2027 (USD Million)
5.1.2. Lutein
5.1.2.1. Market Size and Projections, 2015 - 2027 (USD Million)
5.1.2.2. Market Size and Projections, by Region, 2015 - 2027 (USD Million)
5.1.3. Lycopene
5.1.3.1. Market Size and Projections, 2015 - 2027 (USD Million)
5.1.3.2. Market Size and Projections, by Region, 2015 - 2027 (USD Million)
5.1.4. Personal Cares
5.1.4.1. Market Size and Projections, 2015 - 2027 (USD Million)
5.1.4.2. Market Size and Projections, by Region, 2015 - 2027 (USD Million)
Chapter 6. Global Carotenoid Market Overview, By Application, 2015 - 2027 (USD Million)
6.1. Global Carotenoid Share, By Application, 2015 - 2027 (USD Million)
6.1.1. Dietary Supplements
6.1.1.1. Market Size and Projections, 2015 - 2027 (USD Million)
6.1.1.2. Market Size and Projections, by Region, 2015 - 2027 (USD Million)
6.1.2. Food & Beverages
6.1.2.1. Market Size and Projections, 2015 - 2027 (USD Million)
6.1.2.2. Market Size and Projections, by Region, 2015 - 2027 (USD Million)
6.1.3. Personal Care
6.1.3.1. Market Size and Projections, 2015 - 2027 (USD Million)
6.1.3.2. Market Size and Projections, by Region, 2015 - 2027 (USD Million)
6.1.4. Others
6.1.4.1. Market Size and Projections, 2015 - 2027 (USD Million)
6.1.4.2. Market Size and Projections, by Region, 2015 - 2027 (USD Million)
Chapter 7. Global Carotenoid Market Overview, By Sources, 2015 - 2027 (USD Million)
7.1. Global Carotenoid Share, By Sources, 2015 - 2027 (USD Million)
7.1.1. Natural
7.1.1.1. Market Size and Projections, 2015 - 2027 (USD Million)
7.1.1.2. Market Size and Projections, by Region, 2015 - 2027 (USD Million)
7.1.2. Synthetic
7.1.2.1. Market Size and Projections, 2015 - 2027 (USD Million)
7.1.2.2. Market Size and Projections, by Region, 2015 - 2027 (USD Million)
Chapter 8. Global Carotenoid Market Overview, By Geography, 2015 – 2027 (USD Million)
8.1. Global Carotenoid Market Share, By Geography, 2015 - 2027 (USD Million)
8.1.1. Market Size and projections, by Countries, 2015 – 2027 (USD Million)
8.1.2. Market Share and CAGR Comparison, by Countries, 2019 (%)
Chapter 9. North America Carotenoid Market Overview, By Countries, 2015 - 2027 (USD Million)
9.1. North America Global Carotenoid Market Overview, 2015 - 2027 (USD Million)
9.1.1. Market size and projections, 2015 - 2027 (USD Million)
9.1.2. North America Carotenoid Market Overview, By Product Type, 2015 - 2027 (USD Million)
9.1.3. North America Carotenoid Market Overview, By Application, 2015 - 2027 (USD Million)
9.1.4. North America Carotenoid Market Overview, By Sources, 2015 - 2027 (USD Million)
9.1.5. North America Carotenoid Market Overview, By Countries, 2015 - 2027 (USD Million)
9.1.5.1. U.S. Carotenoid Market Overview, 2015 - 2027 (USD Million)
9.1.5.1.1. Market size and projections, 2015 - 2027 (USD Million)
9.1.5.1.2. U.S. Carotenoid Market Overview, By Product Type, 2015 - 2027 (USD Million)
9.1.5.1.3. U.S. Carotenoid Market Overview, By Application, 2015 - 2027 (USD Million)
9.1.5.1.4. U.S. Carotenoid Market Overview, By Sources, 2015 - 2027 (USD Million)
9.1.5.2. Canada Carotenoid Market Overview, 2015 - 2027 (USD Million)
9.1.5.2.1. Market size and projections, 2015 - 2027 (USD Million)
9.1.5.2.2. Canada Carotenoid Market Overview, By Product Type, 2015 - 2027 (USD Million)
9.1.5.2.3. Canada Carotenoid Market Overview, By Application, 2015 - 2027 (USD Million)
9.1.5.2.4. Canada Carotenoid Market Overview, By Sources, 2015 - 2027 (USD Million)
9.1.5.3. Mexico Carotenoid Market Overview, 2015 - 2027 (USD Million)
9.1.5.3.1. Market size and projections, 2015 - 2027 (USD Million)
9.1.5.3.2. Mexico Carotenoid Market Overview, By Product Type, 2015 - 2027 (USD Million)
9.1.5.3.3. Mexico Carotenoid Market Overview, By Application, 2015 - 2027 (USD Million)
9.1.5.3.4. Mexico Carotenoid Market Overview, By Sources, 2015 - 2027 (USD Million)
Chapter 10. Europe Carotenoid Market Overview, By Countries, 2015 - 2027 (USD Million)
10.1. Europe Carotenoid Market Overview, 2015 – 2027 (USD Million)
10.1.1. Market size and projections, 2015 - 2027 (USD Million)
10.1.2. Europe Carotenoid Market Overview, By Product Type, 2015 - 2027 (USD Million)
10.1.3. Europe Carotenoid Market Overview, By Application, 2015 - 2027 (USD Million)
10.1.4. Europe Carotenoid Market Overview, By Sources, 2015 - 2027 (USD Million)
10.1.5. Europe Carotenoid Market Overview, By Countries, 2015 - 2027 (USD Million)
10.1.5.1. Germany
10.1.5.1.1. Market size and projections, 2015 - 2027 (USD Million)
10.1.5.1.2. Germany Carotenoid Market Overview, By Product Type, 2015 - 2027 (USD Million)
10.1.5.1.3. Germany Carotenoid Market Overview, By Application, 2015 - 2027 (USD Million)
10.1.5.1.4. Germany Carotenoid Market Overview, By Sources, 2015 - 2027 (USD Million)
10.1.5.2. France
10.1.5.2.1. Market size and projections, 2015 - 2027 (USD Million)
10.1.5.2.2. France Carotenoid Market Overview, By Product Type, 2015 - 2027 (USD Million)
10.1.5.2.3. France Carotenoid Market Overview, By Application, 2015 - 2027 (USD Million)
10.1.5.2.4. France Carotenoid Market Overview, By Sources, 2015 - 2027 (USD Million)
10.1.5.3. UK
10.1.5.3.1. Market size and projections, 2015 - 2027 (USD Million)
10.1.5.3.2. UK Carotenoid Market Overview, By Product Type, 2015 - 2027 (USD Million)
10.1.5.3.3. UK Carotenoid Market Overview, By Application, 2015 - 2027 (USD Million)
10.1.5.3.4. UK Carotenoid Market Overview, By Sources, 2015 - 2027 (USD Million)
10.1.5.4. Italy
10.1.5.4.1. Market size and projections, 2015 - 2027 (USD Million)
10.1.5.4.2. Italy Carotenoid Market Overview, By Product Type, 2015 - 2027 (USD Million)
10.1.5.4.3. Italy Carotenoid Market Overview, By Application, 2015 - 2027 (USD Million)
10.1.5.4.4. Italy Carotenoid Market Overview, By Sources, 2015 - 2027 (USD Million)
10.1.5.5. Spain
10.1.5.5.1. Market size and projections, 2015 - 2027 (USD Million)
10.1.5.5.2. Spain Carotenoid Market Overview, By Product Type, 2015 - 2027 (USD Million)
10.1.5.5.3. Spain Carotenoid Market Overview, By Application, 2015 - 2027 (USD Million)
10.1.5.5.4. Spain Carotenoid Market Overview, By Sources, 2015 - 2027 (USD Million)
10.1.5.6. Rest of Europe
10.1.5.6.1. Market size and projections, 2015 – 2025
10.1.5.6.2. Rest of Europe Carotenoid Market Overview, By Product Type, 2015 - 2027 (USD Million)
10.1.5.6.3. Rest of Europe Carotenoid Market Overview, By Application, 2015 - 2027 (USD Million)
10.1.5.6.4. Rest of Europe Carotenoid Market Overview, By Sources, 2015 - 2027 (USD Million)
Chapter 11. Asia Pacific Carotenoid Market Overview, By Countries, 2015 - 2027 (USD Million)
11.1. Asia Pacific Carotenoid Market Overview, 2015 - 2027 (USD Million)
11.1.1. Market size and projections, 2015 - 2027 (USD Million)
11.1.2. Asia Pacific Carotenoid Market Overview, By Product Type, 2015 - 2027 (USD Million)
11.1.3. Asia Pacific Carotenoid Market Overview, By Application, 2015 - 2027 (USD Million)
11.1.4. Asia Pacific Carotenoid Market Overview, By Sources, 2015 - 2027 (USD Million)
11.1.5. Asia Pacific Carotenoid Market Overview, By Countries, 2015 - 2027 (USD Million)
11.1.5.1. India
11.1.5.1.1. Market size and projections, 2015 - 2027 (USD Million)
11.1.5.1.2. India Carotenoid Market Overview, By Product Type, 2015 - 2027 (USD Million)
11.1.5.1.3. India Carotenoid Market Overview, By Application, 2015 - 2027 (USD Million)
11.1.5.1.4. India Carotenoid Market Overview, By Sources, 2015 - 2027 (USD Million)
11.1.5.2. China
11.1.5.2.1. Market size and projections, 2015 - 2027 (USD Million)
11.1.5.2.2. China Carotenoid Market Overview, By Product Type, 2015 - 2027 (USD Million)
11.1.5.2.3. China Carotenoid Market Overview, By Application, 2015 - 2027 (USD Million)
11.1.5.2.4. China Carotenoid Market Overview, By Sources, 2015 - 2027 (USD Million)
11.1.5.3. Japan
11.1.5.3.1. Market size and projections, 2015 - 2027 (USD Million)
11.1.5.3.2. Japan Carotenoid Market Overview, By Product Type, 2015 - 2027 (USD Million)
11.1.5.3.3. Japan Carotenoid Market Overview, By Application, 2015 - 2027 (USD Million)
11.1.5.3.4. Japan Carotenoid Market Overview, By Sources, 2015 - 2027 (USD Million)
11.1.5.4. South Korea
11.1.5.4.1. Market size and projections, 2015 - 2027 (USD Million)
11.1.5.4.2. South Korea Carotenoid Market Overview, By Product Type, 2015 - 2027 (USD Million)
11.1.5.4.3. South Korea Carotenoid Market Overview, By Application, 2015 - 2027 (USD Million)
11.1.5.4.4. South Korea Carotenoid Market Overview, By Sources, 2015 - 2027 (USD Million)
11.1.5.5. Rest of Asia Pacific
11.1.5.5.1. Market size and projections, 2015 - 2027 (USD Million)
11.1.5.5.2. Rest of Asia Pacific Carotenoid Market Overview, By Product Type, 2015 - 2027 (USD Million)
11.1.5.5.3. Rest of Asia Pacific Carotenoid Market Overview, By Application, 2015 - 2027 (USD Million)
11.1.5.5.4. Rest of Asia Pacific Carotenoid Market Overview, By Sources, 2015 - 2027 (USD Million)
Chapter 12. Middle East & Africa Global Carotenoid Market Overview, By Countries, 2015 - 2027 (USD Million)
12.1. Middle East & Africa Carotenoid Market Overview, 2015 - 2027 (USD Million)
12.1.1. Market size and projections, 2015 - 2027 (USD Million)
12.1.2. Middle East & Africa Carotenoid Market Overview, By Product Type, 2015 - 2027 (USD Million)
12.1.3. Middle East & Africa Carotenoid Market Overview, By Application, 2015 - 2027 (USD Million)
12.1.4. Middle East & Africa Carotenoid Market Overview, By Sources, 2015 - 2027 (USD Million)
12.1.5. Middle East & Africa Carotenoid Market Overview, By Countries, 2015 - 2027 (USD Million)
12.1.5.1. GCC
12.1.5.1.1. Market size and projections, 2015 - 2027 (USD Million)
12.1.5.1.2. GCC Carotenoid Market Overview, By Product Type, 2015 - 2027 (USD Million)
12.1.5.1.3. GCC Carotenoid Market Overview, By Application, 2015 - 2027 (USD Million)
12.1.5.1.4. GCC Carotenoid Market Overview, By Sources, 2015 - 2027 (USD Million)
12.1.5.2. South Africa
12.1.5.2.1. Market size and projections, 2015 - 2027 (USD Million)
12.1.5.2.2. South Africa Carotenoid Market Overview, By Product Type, 2015 - 2027 (USD Million)
12.1.5.2.3. South Africa Carotenoid Market Overview, By Application, 2015 - 2027 (USD Million)
12.1.5.2.4. South Africa Carotenoid Market Overview, By Sources, 2015 - 2027 (USD Million)
12.1.5.3. Rest of Middle East & Africa
12.1.5.3.1. Market size and projections, 2015 - 2027 (USD Million)
12.1.5.3.2. Rest of Middle East & Africa Carotenoid Market Overview, By Product Type, 2015 - 2027 (USD Million)
12.1.5.3.3. Rest of Middle East & Africa Carotenoid Market Overview, By Application, 2015 - 2027 (USD Million)
12.1.5.3.4. Rest of Middle East & Africa Carotenoid Market Overview, By Sources, 2015 - 2027 (USD Million)
Chapter 13. South America Global Carotenoid Market Overview, By Countries, 2015 - 2027 (USD Million)
13.1. South America Carotenoid Market Overview, 2015 - 2027 (USD Million)
13.1.1. Market size and projections, 2015 - 2027 (USD Million)
13.1.2. South America Carotenoid Market Overview, By Product Type, 2015 - 2027 (USD Million)
13.1.3. South America Carotenoid Market Overview, By Application, 2015 - 2027 (USD Million)
13.1.4. South America Carotenoid Market Overview, By Sources, 2015 - 2027 (USD Million)
13.1.5. South America Carotenoid Market Overview, By Countries, 2015- 2026 (USD Million)
13.1.5.1. Brazil
13.1.5.1.1. Market size and projections, 2015 - 2027 (USD Million)
13.1.5.1.2. Brazil Carotenoid Market Overview, By Product Type, 2015 - 2027 (USD Million)
13.1.5.1.3. Brazil Carotenoid Market Overview, By Application, 2015 - 2027 (USD Million)
13.1.5.1.4. Brazil Carotenoid Market Overview, By Sources, 2015 - 2027 (USD Million)
13.1.5.2. Argentina
13.1.5.2.1. Market size and projections, 2015 - 2027 (USD Million)
13.1.5.2.2. Argentina Carotenoid Market Overview, By Product Type, 2015 - 2027 (USD Million)
13.1.5.2.3. Argentina Carotenoid Market Overview, By Application, 2015 - 2027 (USD Million)
13.1.5.2.4. Argentina Carotenoid Market Overview, By Sources, 2015 - 2027 (USD Million)
13.1.5.3. Rest of South America
13.1.5.3.1. Market size and projections, 2015 – 2026
13.1.5.3.2. Rest of South America Carotenoid Market Overview, By Product Type, 2015 - 2027 (USD Million)
13.1.5.3.3. Rest of South America Carotenoid Market Overview, By Application, 2015 - 2027 (USD Million)
13.1.5.3.4. Rest of South America Carotenoid Market Overview, By Sources, 2015 - 2027 (USD Million)
Chapter 14. Competitive Landscape
14.1. Competitive environment, 2020
14.2. Strategic framework
14.2.1. Partnership/agreement
14.2.2. Expansion
14.2.3. Mergers & Acquisitions
14.2.4. New Product Type & Dietary Supplements
Chapter 15. Key Player Analysis
15.1. BASF SE
15.1.1. Company overview
15.1.2. Financial performance
15.1.3. Product Type & Dietary Supplements Benchmarking
15.1.4. Recent initiatives
15.1.5. SWOT analysis
15.2. Koninklijke DSM N.V.
15.2.1. Company overview
15.2.2. Financial performance
15.2.3. Product Type & Dietary Supplements Benchmarking
15.2.4. Recent initiatives
15.2.5. SWOT analysis
15.3. Chr. Hansen A/S
15.4. FMC Corporation
15.5. Cyanotech Corporation
15.6. Kemin Industries Inc.
15.7. DDW The Colour House
15.8. Dhler Group
15.9. Allied Biotech Corporation
15.10. Excelvite
Chapter 16. Global Carotenoid Market Cost Analysis
16.1. Global Carotenoid Market Key Raw Product Type Analysis
16.1.1. Key Raw Product Type
16.1.2. NEUROLOGY Trend of Key Raw Product Type
16.1.3. Key Suppliers of Raw Product Type
16.1.4. Market Concentration Rate of Raw Product Type
16.2. Proportion of Wing Cost Structure
16.2.1. Raw Product Type
16.2.2. Labor Cost
16.2.3. Wing Expenses
16.3. Wing Process Analysis of Unsaturated Polyester Resin (UPR) for Composites
Chapter 17. Chain, Sourcing Strategy and Downstream Buyers
17.1. Global Carotenoid Market Chain Analysis
17.2. Upstream Raw Product Type Sourcing
17.3. Raw Product Type of Global Carotenoid Market Major Manufacturers in 2019
17.4. Downstream Buyers
Chapter 18. Marketing Strategy Analysis, Distributors/Traders
18.1. Marketing Channel
18.1.1. Direct Marketing
18.1.2. Indirect Marketing
18.1.3. Marketing Channel Development Trend
18.2. Market Positioning
18.2.1. Pricing Strategy
18.2.2. Brand Strategy
18.2.3. Target Electrical Damage
18.3. Distributors/Traders List
Chapter 19. Market Effect Factors Analysis
19.1. Product Type & Dietary Supplements Progress/Risk
19.1.1. Substitutes Threat
19.1.2. Product Type & Dietary Supplements Progress in Related Product Type
19.2. Dietary Supplements Needs/Customer Preference Change
19.3. Economic/Political Environmental Change
Chapter 20. Future Outlook of the Market
Disclaimer

List of Figures
1. Market segmentation
2. Value chain analysis
3. Porter’s Five Forces’ analysis
4. Power of Suppliers
5. Power of Buyers
6. Threat of New Entrants
7. Threat of Substitute
8. Competitive Rivalry
9. Global Carotenoid Market share, by Product Type, 2020 & 2027 (%)
10. Global Carotenoid Market share, by Beta-Carotene, by Product Type, 2020 & 2027 (USD Million)
11. Global Carotenoid Market share, by Lutein, by Product Type, 2020 & 2027 (USD Million)
12. Global Carotenoid Market share, by Lycopene, by Product Type, 2020 & 2027 (USD Million)
13. Global Carotenoid Market share, by Others, by Product Type, 2020 & 2027 (USD Million)
14. Global Carotenoid Market share, by Application, 2020 & 2027 (%)
15. Global Carotenoid Market share, by Dietary Supplements, by Application, 2020 & 2027 (USD Million)
16. Global Carotenoid Market share, by Food & Beverages, by Application, 2020 & 2027 (USD Million)
17. Global Carotenoid Market share, by Personal Care, by Application, 2020 & 2027 (USD Million)
18. Global Carotenoid Market share, by Sources, 2020 & 2027 (%)
19. Global Carotenoid Market share, by Natural, by Sources, 2020 & 2027 (USD Million)
20. Global Carotenoid Market share, by Synthetic, by Sources, 2020 & 2027 (USD Million)
21. Global Carotenoid Market share, by region, 2020 - 2027(%)
22. Global Carotenoid Market share, by region, 2019 - 2027(USD Million)
23. North America Global Carotenoid Market, 2020 - 2027(USD Million)
24. North America Global Carotenoid Market share, by Countries, 2020 & 2027 (%)
25. U.S. Global Carotenoid Market, 2020 - 2027(USD Million)
26. Canada Global Carotenoid Market, 2020 - 2027(USD Million)
27. Europe Global Carotenoid Market, 2020 - 2027(USD Million)
28. Europe Global Carotenoid Market share, by Countries, 2020 & 2027 (%)
29. Spain Global Carotenoid Market, 2020 - 2027(USD Million)
30. UK Global Carotenoid Market, 2020 - 2027(USD Million)
31. Italy Global Carotenoid Market, 2020 - 2027(USD Million)
32. Germany Global Carotenoid Market, 2020 - 2027(USD Million)
33. France Global Carotenoid Market, 2020 - 2027(USD Million)
34. Rest of Europe Global Carotenoid Market, 2020 - 2027(USD Million)
35. Asia-Pacific Global Carotenoid Market, 2020 - 2027(USD Million)
36. Asia-Pacific Global Carotenoid Market share, by Countries, 2020 & 2027 (%)
37. China Global Carotenoid Market, 2020 - 2027(USD Million)
38. India Global Carotenoid Market, 2020 - 2027(USD Million)
39. Australia Global Carotenoid Market, 2020 - 2027(USD Million)
40. Japan Global Carotenoid Market, 2020 - 2027(USD Million)
41. Rest of Asia-Pacific Global Carotenoid Market, 2020 - 2027(USD Million)
42. Middle East & Africa Global Carotenoid Market, 2020 - 2027(USD Million)
43. Middle East & Africa Global Carotenoid Market share, by Countries, 2020 & 2027 (%)
44. GCC Global Carotenoid Market, 2020 - 2027(USD Million)
45. South Africa Global Carotenoid Market, 2020 - 2027(USD Million)
46. Rest of Middle East & Africa Global Carotenoid Market, 2020 - 2027(USD Million)
47. South America Global Carotenoid Market, 2020 - 2027(USD Million)
48. Brazil Global Carotenoid Market, 2020 - 2027(USD Million)
49. Mexico Global Carotenoid Market, 2020 - 2027(USD Million)
50. Argentina Global Carotenoid Market, 2020 - 2027(USD Million)
51. Rest Of South America Global Carotenoid Market, 2020 - 2027(USD Million)

List of Tables

1. Impact of Market drivers
2. Impact of Market restraints
3. Global Carotenoid Market, 2020-2027 (USD Million)
4. Carotenoid requirement, by country, 2020-2027, (USD Million)
5. North America Carotenoid Market, By Product Type, 2020-2027 (USD Million)
6. North America Carotenoid Market, by Application, 2020-2027 (USD Million)
7. North America Carotenoid Market, by End Use, 2020-2027 (USD Million)
8. Europe Carotenoid Market, By Product Type, 2020-2027 (USD Million)
9. Europe Carotenoid Market, by Application, 2020-2027 (USD Million)
10. Europe Carotenoid Market, by End Use, 2020-2027 (USD Million)
11. Asia Pacific Carotenoid Market, By Product Type, 2020-2027 (USD Million)
12. Asia Pacific Carotenoid Market, by Application, 2020-2027 (USD Million)
13. Asia Pacific Carotenoid Market, by End Use, 2020-2027 (USD Million)
14. Middle East & Africa Global Carotenoid Market, By Product Type, 2020-2027 (USD Million)
15. Middle East & Africa Carotenoid Market, by Application, 2020-2027 (USD Million)
16. Middle East & Africa Carotenoid Market, by End Use, 2020-2027 (USD Million)
17. South America Carotenoid Market, By Product Type, 2020-2027 (USD Million)
18. South America Carotenoid Market, by Application, 2020-2027 (USD Million)
19. South America Carotenoid Market, by End Use, 2020-2027 (USD Million)
20. Global Carotenoid Market, Company Market Share, 2018 (%)
21. BASF SE: Product Type Benchmarking
22. BASF SE: Financial Performance
23. Koninklijke DSM N.V.: Product Type Benchmarking
24. Koninklijke DSM N.V.: Financial Performance
25. Chr. Hansen A/S: Product Type Benchmarking
26. Chr. Hansen A/S, Financial Performance
27. FMC Corporation: Product Type Benchmarking
28. FMC Corporation: Financial Performance
29. CYANOTECH CORPORATION: Product Type Benchmarking
30. CYANOTECH CORPORATION: Financial Performance
31. Kemin Industries Inc.: Product Type Benchmarking
32. Kemin Industries Inc.: Financial Performance
33. DDW THE COLOUR HOUSE: Product Type Benchmarking
34. DDW THE COLOUR HOUSE: Financial Performance
35. DHLER GROUP: Product Type Benchmarking
36. DHLER GROUP: Financial Performance
37. Allied Biotech Corporation: Product Type Benchmarking
38. Allied Biotech Corporation: Financial Performance
39. Excelvite : Product Type Benchmarking
40. Excelvite : Financial Performance

The Leading Key Players in Carotenoids Market

BASF SE
Koninklijke DSM N.V.
Chr. Hansen A/S
FMC Corporation
Cyanotech Corporation
Kemin Industries Inc.
DDW The Colour House
Dhler Group
Allied Biotech Corporation
Excelvite.