The study covers a detailed analysis segmented by key business segments i.e. by type (Carotenes and Xanthophylls) , by application (Human Food, Animal Feeding, Dietary Supplements and Others) and major geographies. Research Analyst at AMA predicts that United States Vendors will contribute to the maximum growth of Global Carotenoids market throughout the predicted period.
What is Carotenoids?
Carotenoids are plant pigments responsible for bright red, yellow and orange colors in many fruits and vegetables and are normally found in microorganisms, algae, and plants. They help in photosynthesis by absorbing the light energy. Carotenoids have many health benefits because of its antioxidant properties. Rising cardiovascular diseases among the aged population are driving the global market growth of carotenoids.
The competition is expected to become even more intense in the years to come due to entry of several new players in the market. To help clients improve their revenue shares in the market, this research study provides an in-depth analysis of the markets competitive landscape and offers information on the products offered by various leading companies. Additionally, this Carotenoids market analysis report suggests strategies Vendors can follow and recommends key areas they should focus on, in order to take maximum benefits of growth opportunities.
The report offers several leading Vendors, including:
- DSM Nutrition & Health (Netherlands)
- Chr. Hansen (Denmark)
- FMC Corporation (United States)
- Cyanotech Corporation (United States)
- BASF Nutrition (Germany)
- Lycored (United States)
- Kemin Industries (United States)
- Dohler Group (Germany)
Market Trend
Demand for Carotenoid in Cosmetic and Beauty Products is on Rising
Restraints
- Risk of Allergy from Carotenoid Consumption
- The entry of Local Players in the market
Opportunities
Continuous Consumption of Carotenoid in Food and Beverages Industry and Growing use in Pharmaceutical Industry
Key highlights of the Global Carotenoids market Study:
CAGR of the market during the forecast period 2021-2027
In-depth information on growth factors that will accelerate the Carotenoids market in next few years.
Detailed Insights on futuristic trends and changing consumer behaviour
Forecast of the Global Carotenoids market size and its contribution to the parent market by type, application and by country.
A broad view of customer demand
Uncover markets competitive landscape and in-depth information on various Vendors
Comprehensive information about factors that will challenge the growth of Carotenoids Vendors
Transformation and Important Trigegrs:
Business transformation has taken hold across the broad corporate landscape due to the confluence of several important triggers, including:
A tipping point in globalization
A major slowdown in Western economies
Significant shifts in technology and cost structure
The challenges of regulatory compliance
New forms of competition developing
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Carotenoids market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Carotenoids market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment> by targeting key target audience that includes Carotenoids Providers, Carotenoids International Traders, Research and Development, Regulatory Bodies and Others.
This helps us to gather the data for the players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, Annual reports, press releases etc.