Dedicated to Research Since 1993

Global Carotenoids Market by Type (Beta-Carotene, Lutein, Lycopene, Astaxanthin, Zeaxanthin, Canthaxanthin) by Applications (Supplements, Food, Feed, Cosmetics, Pharmaceuticals) – Business Overview, Analysis and Industry Forecast 2017-2023

 Food and Beverages

Report Overview

Global Carotenoids Marketwas valued at USD XX Billion in the year 2017. Global Carotenoids Market is further estimated to grow at a CAGR of XX% from 2019 to reach USD XX Billion by the year 2023. The North America region holds the highest market share in 2017 and the Asia Pacific is considered as the fastest growing market in the forecasted period. At a country level, US, China are projected to grow strongly in the coming years due to increasing density of population and funding through Research and Development.

BASF SE (Germany), Royal DSM N.V. (Netherlands), Chr. Hansen A/S (Denmark) are the key players in this market.


            Preventive Healthcare and Nutraceuticals 


            Harmful Effects of High Doses of Carotenoids 


            Growth of the Aquaculture Industry



The Global Caortenoids Market is divided as By Type, Application, Method of Production and Region.

On the basis of Type, the global market is divided into Beta-Carotene, lutein, lycopene, astaxanthin zeaxanthin, canthaxanthin and other carotenoids and led by the astaxanthin type followed by beta-carotene and lutein. The beta-carotene segment is projected to be the fastest-growing type in the carotenoids market due to its increasing application in the food industry.

There are various applications of carotenoids, such as food, feed, supplements, cosmetics, and pharmaceuticals. Carotenoids are used on a large scale in animal feed due to their high nutritive value and the pigmentation present in them which increase the palatability of the feed as well as enhance the appearance of meat, meat products, and fish.

The feed segment accounts for the largest market share and is expected to grow at a moderate CAGR of XXX% in the coming years.

Key Benefits for Stakeholders

Carotenoids manufacturers

Carotenoid raw material suppliers

Carotenoid product exporters & importers

Animal feed suppliers

Cosmetics manufacturers and suppliers

Fertilizers manufacturers

Pharmaceutical manufacturers and suppliers

By Type







Other Carotenoids

By Application






Method of Production

Chemical synthesis

Extraction from botanical material


Algae route

By Region

North America





Key Market Players


Royal DSM N.V.

Chr. Hansen A/S

FMC Corporation

Cyanotech Corporation

Kemin Industries Inc.

D.D. Williamson & Co., Inc.

Döhler Group

Allied Biotech Corporation

Excelvite SDN. BHD.

 (A brief overview of 10 companies is also provided)

Research Methodology:

Genesis Market Insights follows in-depth Research Methodology focused on reducing deviation in the collected data. GMI offers the most precise evaluations and projection for the market numbers. GMI engages following Market Engineering techniques –

  1.      Raw Market Data is collected and compared with the Existing in-house Data on a broad front.
  2.      Both Bottom-Up and Top-Down approaches are analyzed for segmenting and estimating measurable aspects of the market.
  3.      To avoid bias, we filter the collected data collected from authenticated sources.
  4.      GMI has a well proven Statistical Modeling System for estimates and forecasts.
  5.      Further, the report findings are validated with the Industry Expert Panel on face to face or telephonic interviews.
  6.      Panelists are approached from Leading Enterprises across the value chain including manufacturers, suppliers, technology providers, domain experts and buyers so as to validate a thorough and balanced market overview.

Detailed customization is also available for you. Further, if the report listed above does not meet your key requirements. Our customized research report will analytically cover the required market information you need which will help you to plan your business decisions.

Table Of Content

1. Introduction

1.1 Market Vision

       1.1.1 Market Definition

       1.1.2 Market Scope

1.2 Limitations

1.3 Stakeholders

2. Research Methodology

2.1. Research Process

       2.1.1. Secondary Research

    Key Data from Secondary Research

       2.1.2. Primary Research

    Key Data from Primary Research

    Breakdowns of Primary Interviews

2.2. Market Size Estimation

       2.2.1. Bottom-Up Approach

       2.2.2. Top-Down Approach

       2.2.3. Annual Revenue Process

2.3. Data Triangulation 

2.4. Research Assumptions 

       2.4.1. Assumption

3. Executive Summary

4. Market Overview

4.1. Introduction

4.2. Drivers

4.3. Restraints

4.4. Opportunities

4.7. Challenges

4.6. Regulations

4.7. Supply Chain/Value Chain Analysis

4.7. Patent & Standards

5. Industry Trends

5.1. Introduction

5.2. Porter’s Five Forces Analysis

       5.2.1. Threat of New Entrants

       5.2.2. Threat of Substitutes

       5.2.3. Bargaining Power of Buyers

       5.2.4. Bargaining Power of Suppliers

       5.2.7. Intensity of Competitive Rivalry

6. Global Carotenoids Market, By Type

6.1 Beta-Carotene

6.2 Lutein

6.3 Lycopene

6.4 Astaxanthin

6.5 Zeaxanthin

6.6 Canthaxanthin

6.7 Other Carotenoids

7. Global Carotenoids Market, By Application

7.1 Supplements

7.2 Food

7.4 Feed

7.5 Cosmetics

7.6 Pharmaceuticals

8. Global Carotenoids Market, By Method of Production

8.1 Chemical synthesis

8.2 Extraction from botanical material

8.3 Fermentation

8.4 Algae route

9. Geographical Analysis

9.1. Introduction

9.2. North America

       9.2.1. U.S.

       9.2.2. Canada

       92.3. Mexico

9.3. Europe

       9.3.1. U.K.

       9.3.2. Germany

       9.3.3. Italy

       9.3.4. France

       9.3.7. RoE

9.4. Asia Pacific

       9.4.1. South Korea

       9.4.2. China

       9.4.3. Japan

       9.4.4. India

       9.4.7. RoAPAC

9.7. RoW

       9.7.1. Latin America

       9.7.2. Middle East and Africa

10. Company Profiles

10.1 BASF SE

10.2 Royal DSM N.V.

10.3 Chr. Hansen A/S

10.4 FMC Corporation

10.5 Cyanotech Corporation

10.6 Kemin Industries Inc.

10.7 D.D. Williamson & Co., Inc.

10.8 Döhler Group

10.9 Allied Biotech Corporation

10.10 Excelvite SDN. BHD.

(A brief overview of 10 companies is also provided)

11. Competitive Analysis

11.1. Introduction

11.2. Market Positioning of Key Players

11.3 Competitive Strategies Adopted by Leading Players

        11.3.1. Investments & Expansions

        11.3.2. New Product Launches

        11.3.3. Mergers & Acquisitions

        11.3.4. Agreements, Joint Ventures, and Partnerships

12. Appendix

12.1. Questionnaire

12.2. Available Customizations 

12.3. Upcoming Events (Trade Fair, Exhibitions, Conferences)


No Content Available.



Related Reports

Fatal error: Maximum execution time of 30 seconds exceeded in /home/genesismarketins/public_html/system/libraries/Session/drivers/Session_files_driver.php on line 263