Carotenoids Industry Research Report 2024

Carotenoids Industry Research Report 2024


Summary
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.

According to APO Research, the global Carotenoids market was valued at US$ million in 2023 and is anticipated to reach US$ million by 2030, witnessing a CAGR of xx% during the forecast period 2024-2030.

North American market for Carotenoids is estimated to increase from $ million in 2024 to reach $ million by 2030, at a CAGR of % during the forecast period of 2025 through 2030.

Asia-Pacific market for Carotenoids is estimated to increase from $ million in 2024 to reach $ million by 2030, at a CAGR of % during the forecast period of 2025 through 2030.

Europe market for Carotenoids is estimated to increase from $ million in 2024 to reach $ million by 2030, at a CAGR of % during the forecast period of 2025 through 2030.

The major global manufacturers of Carotenoids include DSM, BASF, Allied Biotech, Chenguang Biotech, FMC, Dohler, Chr. Hansen, Carotech and DDW, etc. In 2023, the world's top three vendors accounted for approximately % of the revenue.

Report Scope
This report aims to provide a comprehensive presentation of the global market for Carotenoids, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Carotenoids.

The report will help the Carotenoids manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.

The Carotenoids market size, estimations, and forecasts are provided in terms of sales volume (MT) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Carotenoids market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided. For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

Key Companies & Market Share Insights
In this section, the readers will gain an understanding of the key players competing. This report has studied the key growth strategies, such as innovative trends and developments, intensification of product portfolio, mergers and acquisitions, collaborations, new product innovation, and geographical expansion, undertaken by these participants to maintain their presence. Apart from business strategies, the study includes current developments and key financials. The readers will also get access to the data related to global revenue, price, and sales by manufacturers for the period 2019-2024. This all-inclusive report will certainly serve the clients to stay updated and make effective decisions in their businesses. Some of the prominent players reviewed in the research report include:
DSMBASFAllied BiotechChenguang BiotechFMCDohlerChr. HansenCarotechDDWExcelviteAnhui WisdomTian YinKeminCyanotechFujiZhejiang NHUJingzhou Natural AstaxanthinJX Nippon Oil& EnergyAlphyDivi's NutraceuticalsLycoredSynthiteCarotenoids segment by Type
AstaxanthinZeaxanthinFucoxanthinBeta CryptoxanthinOthersCarotenoids segment by Application
FoodFeedPharmaceuticals and Health CareCosmeticsCarotenoids Segment by Region
North AmericaU.S.CanadaEuropeGermanyFranceU.K.ItalyRussiaAsia-PacificChinaJapanSouth KoreaIndiaAustraliaChina TaiwanIndonesiaThailandMalaysiaLatin AmericaMexicoBrazilArgentinaMiddle East & AfricaTurkeySaudi ArabiaUAE

Key Drivers & Barriers
High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.

Reasons to Buy This Report

1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Carotenoids market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of Carotenoids and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market
5. This report helps stakeholders to gain insights into which regions to target globally
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Carotenoids.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.

Chapter Outline

Chapter 1: Research objectives, research methods, data sources, data cross-validation;
Chapter 2: Introduces the report scope of the report, executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 3: Detailed analysis of Carotenoids manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 5: Production/output, value of Carotenoids by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 6: Consumption of Carotenoids in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 7: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 8: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 9: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 10: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 11: The main points and conclusions of the report.


1 Preface
1.1 Scope of Report
1.2 Reasons for Doing This Study
1.3 Research Methodology
1.4 Research Process
1.5 Data Source
1.5.1 Secondary Sources
1.5.2 Primary Sources
2 Market Overview
2.1 Product Definition
2.2 Global Market Growth Prospects
2.2.1 Global Carotenoids Market Size (2019-2030) & (US$ Million)
2.2.2 Global Carotenoids Sales (2019-2030)
2.2.3 Global Carotenoids Market Average Price (2019-2030)
2.3 Carotenoids by Type
2.3.1 Market Value Comparison by Type (2019 VS 2023 VS 2030) & (US$ Million)
2.3.2 Astaxanthin
2.3.3 Zeaxanthin
2.3.4 Fucoxanthin
2.3.5 Beta Cryptoxanthin
2.3.6 Others
2.4 Carotenoids by Application
2.4.1 Market Value Comparison by Application (2019 VS 2023 VS 2030) & (US$ Million)
2.4.2 Food
2.4.3 Feed
2.4.4 Pharmaceuticals and Health Care
2.4.5 Cosmetics
3 Market Competitive Landscape by Manufacturers
3.1 Global Carotenoids Market Competitive Situation by Manufacturers (2019 Versus 2023)
3.2 Global Carotenoids Sales (MT) of Manufacturers (2019-2024)
3.3 Global Carotenoids Revenue of Manufacturers (2019-2024)
3.4 Global Carotenoids Average Price by Manufacturers (2019-2024)
3.5 Global Carotenoids Industry Ranking, 2022 VS 2023 VS 2024
3.6 Global Manufacturers of Carotenoids, Manufacturing Sites & Headquarters
3.7 Global Manufacturers of Carotenoids, Product Type & Application
3.8 Global Manufacturers of Carotenoids, Date of Enter into This Industry
3.9 Global Carotenoids Market CR5 and HHI
3.10 Global Manufacturers Mergers & Acquisition
4 Manufacturers Profiled
4.1 DSM
4.1.1 DSM Company Information
4.1.2 DSM Business Overview
4.1.3 DSM Carotenoids Sales, Revenue and Gross Margin (2019-2024)
4.1.4 DSM Carotenoids Product Portfolio
4.1.5 DSM Recent Developments
4.2 BASF
4.2.1 BASF Company Information
4.2.2 BASF Business Overview
4.2.3 BASF Carotenoids Sales, Revenue and Gross Margin (2019-2024)
4.2.4 BASF Carotenoids Product Portfolio
4.2.5 BASF Recent Developments
4.3 Allied Biotech
4.3.1 Allied Biotech Company Information
4.3.2 Allied Biotech Business Overview
4.3.3 Allied Biotech Carotenoids Sales, Revenue and Gross Margin (2019-2024)
4.3.4 Allied Biotech Carotenoids Product Portfolio
4.3.5 Allied Biotech Recent Developments
4.4 Chenguang Biotech
4.4.1 Chenguang Biotech Company Information
4.4.2 Chenguang Biotech Business Overview
4.4.3 Chenguang Biotech Carotenoids Sales, Revenue and Gross Margin (2019-2024)
4.4.4 Chenguang Biotech Carotenoids Product Portfolio
4.4.5 Chenguang Biotech Recent Developments
4.5 FMC
4.5.1 FMC Company Information
4.5.2 FMC Business Overview
4.5.3 FMC Carotenoids Sales, Revenue and Gross Margin (2019-2024)
4.5.4 FMC Carotenoids Product Portfolio
4.5.5 FMC Recent Developments
4.6 Dohler
4.6.1 Dohler Company Information
4.6.2 Dohler Business Overview
4.6.3 Dohler Carotenoids Sales, Revenue and Gross Margin (2019-2024)
4.6.4 Dohler Carotenoids Product Portfolio
4.6.5 Dohler Recent Developments
4.7 Chr. Hansen
4.7.1 Chr. Hansen Company Information
4.7.2 Chr. Hansen Business Overview
4.7.3 Chr. Hansen Carotenoids Sales, Revenue and Gross Margin (2019-2024)
4.7.4 Chr. Hansen Carotenoids Product Portfolio
4.7.5 Chr. Hansen Recent Developments
4.8 Carotech
4.8.1 Carotech Company Information
4.8.2 Carotech Business Overview
4.8.3 Carotech Carotenoids Sales, Revenue and Gross Margin (2019-2024)
4.8.4 Carotech Carotenoids Product Portfolio
4.8.5 Carotech Recent Developments
4.9 DDW
4.9.1 DDW Company Information
4.9.2 DDW Business Overview
4.9.3 DDW Carotenoids Sales, Revenue and Gross Margin (2019-2024)
4.9.4 DDW Carotenoids Product Portfolio
4.9.5 DDW Recent Developments
4.10 Excelvite
4.10.1 Excelvite Company Information
4.10.2 Excelvite Business Overview
4.10.3 Excelvite Carotenoids Sales, Revenue and Gross Margin (2019-2024)
4.10.4 Excelvite Carotenoids Product Portfolio
4.10.5 Excelvite Recent Developments
4.11 Anhui Wisdom
4.11.1 Anhui Wisdom Company Information
4.11.2 Anhui Wisdom Business Overview
4.11.3 Anhui Wisdom Carotenoids Sales, Revenue and Gross Margin (2019-2024)
4.11.4 Anhui Wisdom Carotenoids Product Portfolio
4.11.5 Anhui Wisdom Recent Developments
4.12 Tian Yin
4.12.1 Tian Yin Company Information
4.12.2 Tian Yin Business Overview
4.12.3 Tian Yin Carotenoids Sales, Revenue and Gross Margin (2019-2024)
4.12.4 Tian Yin Carotenoids Product Portfolio
4.12.5 Tian Yin Recent Developments
4.13 Kemin
4.13.1 Kemin Company Information
4.13.2 Kemin Business Overview
4.13.3 Kemin Carotenoids Sales, Revenue and Gross Margin (2019-2024)
4.13.4 Kemin Carotenoids Product Portfolio
4.13.5 Kemin Recent Developments
4.14 Cyanotech
4.14.1 Cyanotech Company Information
4.14.2 Cyanotech Business Overview
4.14.3 Cyanotech Carotenoids Sales, Revenue and Gross Margin (2019-2024)
4.14.4 Cyanotech Carotenoids Product Portfolio
4.14.5 Cyanotech Recent Developments
4.15 Fuji
4.15.1 Fuji Company Information
4.15.2 Fuji Business Overview
4.15.3 Fuji Carotenoids Sales, Revenue and Gross Margin (2019-2024)
4.15.4 Fuji Carotenoids Product Portfolio
4.15.5 Fuji Recent Developments
4.16 Zhejiang NHU
4.16.1 Zhejiang NHU Company Information
4.16.2 Zhejiang NHU Business Overview
4.16.3 Zhejiang NHU Carotenoids Sales, Revenue and Gross Margin (2019-2024)
4.16.4 Zhejiang NHU Carotenoids Product Portfolio
4.16.5 Zhejiang NHU Recent Developments
4.17 Jingzhou Natural Astaxanthin
4.17.1 Jingzhou Natural Astaxanthin Company Information
4.17.2 Jingzhou Natural Astaxanthin Business Overview
4.17.3 Jingzhou Natural Astaxanthin Carotenoids Sales, Revenue and Gross Margin (2019-2024)
4.17.4 Jingzhou Natural Astaxanthin Carotenoids Product Portfolio
4.17.5 Jingzhou Natural Astaxanthin Recent Developments
4.18 JX Nippon Oil& Energy
4.18.1 JX Nippon Oil& Energy Company Information
4.18.2 JX Nippon Oil& Energy Business Overview
4.18.3 JX Nippon Oil& Energy Carotenoids Sales, Revenue and Gross Margin (2019-2024)
4.18.4 JX Nippon Oil& Energy Carotenoids Product Portfolio
4.18.5 JX Nippon Oil& Energy Recent Developments
4.19 Alphy
4.19.1 Alphy Company Information
4.19.2 Alphy Business Overview
4.19.3 Alphy Carotenoids Sales, Revenue and Gross Margin (2019-2024)
4.19.4 Alphy Carotenoids Product Portfolio
4.19.5 Alphy Recent Developments
4.20 Divi's Nutraceuticals
4.20.1 Divi's Nutraceuticals Company Information
4.20.2 Divi's Nutraceuticals Business Overview
4.20.3 Divi's Nutraceuticals Carotenoids Sales, Revenue and Gross Margin (2019-2024)
4.20.4 Divi's Nutraceuticals Carotenoids Product Portfolio
4.20.5 Divi's Nutraceuticals Recent Developments
4.21 Lycored
4.21.1 Lycored Company Information
4.21.2 Lycored Business Overview
4.21.3 Lycored Carotenoids Sales, Revenue and Gross Margin (2019-2024)
4.21.4 Lycored Carotenoids Product Portfolio
4.21.5 Lycored Recent Developments
4.22 Synthite
4.22.1 Synthite Company Information
4.22.2 Synthite Business Overview
4.22.3 Synthite Carotenoids Sales, Revenue and Gross Margin (2019-2024)
4.22.4 Synthite Carotenoids Product Portfolio
4.22.5 Synthite Recent Developments
5 Global Carotenoids Market Scenario by Region
5.1 Global Carotenoids Market Size by Region: 2019 VS 2023 VS 2030
5.2 Global Carotenoids Sales by Region: 2019-2030
5.2.1 Global Carotenoids Sales by Region: 2019-2024
5.2.2 Global Carotenoids Sales by Region: 2025-2030
5.3 Global Carotenoids Revenue by Region: 2019-2030
5.3.1 Global Carotenoids Revenue by Region: 2019-2024
5.3.2 Global Carotenoids Revenue by Region: 2025-2030
5.4 North America Carotenoids Market Facts & Figures by Country
5.4.1 North America Carotenoids Market Size by Country: 2019 VS 2023 VS 2030
5.4.2 North America Carotenoids Sales by Country (2019-2030)
5.4.3 North America Carotenoids Revenue by Country (2019-2030)
5.4.4 U.S.
5.4.5 Canada
5.5 Europe Carotenoids Market Facts & Figures by Country
5.5.1 Europe Carotenoids Market Size by Country: 2019 VS 2023 VS 2030
5.5.2 Europe Carotenoids Sales by Country (2019-2030)
5.5.3 Europe Carotenoids Revenue by Country (2019-2030)
5.5.4 Germany
5.5.5 France
5.5.6 U.K.
5.5.7 Italy
5.5.8 Russia
5.6 Asia Pacific Carotenoids Market Facts & Figures by Country
5.6.1 Asia Pacific Carotenoids Market Size by Country: 2019 VS 2023 VS 2030
5.6.2 Asia Pacific Carotenoids Sales by Country (2019-2030)
5.6.3 Asia Pacific Carotenoids Revenue by Country (2019-2030)
5.6.4 China
5.6.5 Japan
5.6.6 South Korea
5.6.7 India
5.6.8 Australia
5.6.9 China Taiwan
5.6.10 Indonesia
5.6.11 Thailand
5.6.12 Malaysia
5.7 Latin America Carotenoids Market Facts & Figures by Country
5.7.1 Latin America Carotenoids Market Size by Country: 2019 VS 2023 VS 2030
5.7.2 Latin America Carotenoids Sales by Country (2019-2030)
5.7.3 Latin America Carotenoids Revenue by Country (2019-2030)
5.7.4 Mexico
5.7.5 Brazil
5.7.6 Argentina
5.8 Middle East and Africa Carotenoids Market Facts & Figures by Country
5.8.1 Middle East and Africa Carotenoids Market Size by Country: 2019 VS 2023 VS 2030
5.8.2 Middle East and Africa Carotenoids Sales by Country (2019-2030)
5.8.3 Middle East and Africa Carotenoids Revenue by Country (2019-2030)
5.8.4 Turkey
5.8.5 Saudi Arabia
5.8.6 UAE
6 Segment by Type
6.1 Global Carotenoids Sales by Type (2019-2030)
6.1.1 Global Carotenoids Sales by Type (2019-2030) & (MT)
6.1.2 Global Carotenoids Sales Market Share by Type (2019-2030)
6.2 Global Carotenoids Revenue by Type (2019-2030)
6.2.1 Global Carotenoids Sales by Type (2019-2030) & (US$ Million)
6.2.2 Global Carotenoids Revenue Market Share by Type (2019-2030)
6.3 Global Carotenoids Price by Type (2019-2030)
7 Segment by Application
7.1 Global Carotenoids Sales by Application (2019-2030)
7.1.1 Global Carotenoids Sales by Application (2019-2030) & (MT)
7.1.2 Global Carotenoids Sales Market Share by Application (2019-2030)
7.2 Global Carotenoids Revenue by Application (2019-2030)
7.2.1 Global Carotenoids Sales by Application (2019-2030) & (US$ Million)
7.2.2 Global Carotenoids Revenue Market Share by Application (2019-2030)
7.3 Global Carotenoids Price by Application (2019-2030)
8 Value Chain and Sales Channels Analysis of the Market
8.1 Carotenoids Value Chain Analysis
8.1.1 Carotenoids Key Raw Materials
8.1.2 Raw Materials Key Suppliers
8.1.3 Carotenoids Production Mode & Process
8.2 Carotenoids Sales Channels Analysis
8.2.1 Direct Comparison with Distribution Share
8.2.2 Carotenoids Distributors
8.2.3 Carotenoids Customers
9 Global Carotenoids Analyzing Market Dynamics
9.1 Carotenoids Industry Trends
9.2 Carotenoids Industry Drivers
9.3 Carotenoids Industry Opportunities and Challenges
9.4 Carotenoids Industry Restraints
10 Report Conclusion
11 Disclaimer

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