Global Natural and Synthetic Carotenoids Market Insights and Forecast to 2028

Carotenoids are organic pigments that are originated in various plants and organisms. They give bright yellow, red, orange colour and protect these species from the dangerous effects of light, air and sensitizer pigments. These products are majorly used as food colouring agents, and also act as antioxidants and protect the body against chronic diseases, cellular damage, and the effects of aging.
Market Analysis and Insights: Global Natural and Synthetic Carotenoids Market
Due to the COVID-19 pandemic, the global Natural and Synthetic Carotenoids market size is estimated to be worth US$ million in 2022 and is forecast to a readjusted size of US$ million by 2028 with a CAGR of % during the review period. Fully considering the economic change by this health crisis, Natural carotenoids accounting for % of the Natural and Synthetic Carotenoids global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While Pharmaceuticals segment is altered to an % CAGR throughout this 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.
In terms of production side, this report researches the Natural and Synthetic Carotenoids capacity, production, growth rate, market share by manufacturers and by region (region level and country level), from 2017 to 2022, and forecast to 2028.
In terms of sales side, this report focuses on the sales of Natural and Synthetic Carotenoids by region (region level and country level), by company, by Type and by Application. from 2017 to 2022 and forecast to 2028.
Global Natural and Synthetic Carotenoids Scope and Segment
Natural and Synthetic Carotenoids market is segmented by Type and by Application. Players, stakeholders, and other participants in the global Natural and Synthetic Carotenoids market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on production capacity, revenue and forecast by Type and by Application for the period 2017-2028.
Segment by Type
Natural carotenoids
Synthetic carotenoids
Segment by Application
Pharmaceuticals
Cosmetics
Feed
Food
Supplements
By Company
BASF
DSM
Sensient Technologies
Dohler
ExcelVite
Kemin Industries
FMC
Chr. Hansen
Allied Biotech
Algatechnologies
EID Parry
Cyanotech
Valensa International
Farbest Brands
D.D. Williamson
Guangzhou Leader Bio-Technology
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E

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