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PUBLISHER: SkyQuest | PRODUCT CODE: 1270664

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PUBLISHER: SkyQuest | PRODUCT CODE: 1270664

Global Carotenoids In Human Nutrition Market Size, Share, Growth Analysis, By Type(Astaxanthin, Beta-Carotene), By Application(Dietary Supplements, Functional Nutrition) - Industry Forecast 2022-2028

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Global Carotenoids in Human Nutrition Market size was valued at USD 3.01 billion in 2021 and is poised to grow from USD 3.22 billion in 2022 to USD 5.98 billion by 2030, growing at a CAGR of 7.1% in the forecast period (2023-2030).

The global carotenoids in human nutrition market is expected to experience significant growth due to the increasing consumer demand for natural colorants and dietary supplements. Carotenoids are natural pigments that are found in many fruits and vegetables, and are known for their antioxidant properties. They are commonly used in food, dietary supplements, and pharmaceuticals. The rising awareness of the health benefits associated with carotenoids, such as improved immune function and reduced risk of chronic diseases, is driving the market growth.

Top-down and bottom-up approaches were used to estimate and validate the size of Carotenoids in Human Nutrition market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined by using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.

Segments covered in this report

The Global Carotenoids in Human Nutrition Market is segmented based on Type, Application, and Region. Based on the Type, the Global Carotenoids in Human Nutrition Market are segmented as Astaxanthin, Beta-Carotene, Lutein, Lycopene, Canthaxanthin, Zeaxanthin, and Others. Based on the Application, the Global Carotenoids in Human Nutrition Market is segmented as Dietary Supplements, Functional Nutrition, Sports Nutrition, and Infant Nutrition. Based on Region it is categorized into North America, Europe, Asia-Pacific, Latin America, and MEA.

Driver

Dietary supplements in North America frequently incorporate synthetic carotenoids such as -carotene, -carotene, lutein, zeaxanthin, lycopene, and -cryptoxanthin. Nonetheless, there is an increasing demand for naturally sourced carotenoids in the pharmaceutical industry, and opportunities for growth in high-potential markets are expected to drive global demand for carotenoids. This highlights the need to explore natural sources of carotenoids for use in pharmaceutical applications.

Restrain

The production of carotenoids through chemical synthesis or plant extraction is facing challenges due to low yields, leading to high production costs. In addition, temporary border closures in some countries have restricted the export and import of non-essential products, which is exacerbating the hindrances to the growth of this industry.

Trend

The pharmaceutical and cosmetics industries are increasingly utilizing carotenoids as nutraceuticals due to the growing awareness of their health benefits. It is anticipated that there will be a rise in the use of synthetic sources of carotenoids in the coming years.

Product Code: SQSG30I2032

Table of Contents

Executive Summary

  • Market Overview
  • Wheel of Fortune
  • Research Methodology
  • Information Procurement
  • Secondary & Primary Data Sources
  • Market Size Estimation
  • Market Assumptions & Limitations

Parent Market Analysis

  • Market Overview
  • Market Size
  • Market Dynamics
  • Drivers
  • Opportunities
  • Restraints
  • Challenges
  • Key Market Insights
  • Technology Analysis
  • Pricing Analysis
  • Supply Chain Analysis
  • Value Chain Analysis
  • Ecosystem of the Market
  • IP Analysis
  • Trade Analysis
  • Startup Analysis
  • Raw Material Analysis
  • Innovation Matrix
  • Pipeline Product Analysis
  • Macroeconomic Indicators
  • Top Investment Analysis
  • Key Success Factor
  • Degree of Competition
  • Market Dynamics & Outlook
  • Market Dynamics
  • Drivers
  • Opportunities
  • Restraints
  • Challenges
  • Regulatory Landscape
  • Porters Analysis
  • Competitive rivalry
  • Threat of Substitute Products
  • Bargaining Power of Buyers
  • Threat of New Entrants
  • Bargaining Power of Suppliers
  • Skyquest Special Insights on Future Disruptions
  • Political Impact
  • Economic Impact
  • Social Impact
  • Technical Impact
  • Environmental Impact
  • Legal Impact

Global Carotenoids In Human Nutrition Market by Type

  • Market Overview
  • Astaxanthin
  • Beta-Carotene
  • Lutein
  • Lycopene
  • Canthaxanthin
  • Zeaxanthin
  • Others

Global Carotenoids In Human Nutrition Market by Application

  • Market Overview
  • Dietary Supplements
  • Functional Nutrition
  • Sports Nutrition
  • Infant Nutrition
  • other applications
  • Global Carotenoids In Human Nutrition Market Size by Region
  • Market Overview
  • North America
  • USA
  • Canada
  • Europe
  • Germany
  • Spain
  • France
  • UK
  • Rest of Europe
  • Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia-Pacific
  • Latin America
  • Brazil
  • Rest of Latin America
  • Middle East & Africa (MEA)
  • GCC Countries
  • South Africa
  • Rest of MEA
  • Competitive Landscape
  • Top 5 Player Comparison
  • Market Positioning of Key Players, 2021
  • Strategies Adopted by Key Market Players
  • Top Winning Strategies
  • By Development
  • By Company
  • By Year
  • Recent Activities in the Market
  • Key Companies Market Share (%), 2021
  • Key Company Profiles
  • BASF S.E.
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
  • GSK,
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
  • Roche
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
  • Novo Nordisk
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
  • Koninklijke DSM N.V.
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
  • Givaudan Group
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
  • Dr. Reddy's Laboratories
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
  • Cipla
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
  • Sun Pharmaceutical
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
Have a question?
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Jeroen Van Heghe

Manager - EMEA

+32-2-535-7543

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Christine Sirois

Manager - Americas

+1-860-674-8796

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