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Carotenoid-Global Market Insights and Sales Trends 2025
Synopsis
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.
The global Carotenoid market size is expected to reach US$ 1993.9 million by 2029, growing at a CAGR of 3.3% from 2023 to 2029. The market is mainly driven by the significant applications of Carotenoid in various end use industries. The expanding demands from the Food, Feed, Pharmaceuticals and Cosmetics, are propelling Carotenoid market. Astaxanthin, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Beta-Carotene segment is estimated at % CAGR for the next seven-year period.
Global major manufacturers of Carotenoids are DSM, BASF, Allied Biotech, Chenguang Biotech, FMC etc. The top two companies hold a share about 50%. The largest consumption of carotenoids areas is Europe and it occupied 40%. North America is the second largest consumption areas and occupied 28%. Asia Pacific ranked the third position and occupied 27%.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Carotenoid, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Carotenoid market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Carotenoid market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Carotenoid sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Carotenoid covered in this report include DSM, BASF, Allied Biotech, Chenguang Biotech, FMC, Dohler, Chr. Hansen, Carotech and DDW, etc.
The global Carotenoid market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
DSM
BASF
Allied Biotech
Chenguang Biotech
FMC
Dohler
Chr. Hansen
Carotech
DDW
Excelvite
Anhui Wisdom
Tian Yin
Kemin
Global Carotenoid market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Carotenoid market, Segment by Type:
Astaxanthin
Beta-Carotene
Canthaxanthin
Lycopene
Lutein
Global Carotenoid market, by Application
Food
Feed
Pharmaceuticals
Cosmetics
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Carotenoid manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Carotenoid in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. 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 Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
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.
The global Carotenoid market size is expected to reach US$ 1993.9 million by 2029, growing at a CAGR of 3.3% from 2023 to 2029. The market is mainly driven by the significant applications of Carotenoid in various end use industries. The expanding demands from the Food, Feed, Pharmaceuticals and Cosmetics, are propelling Carotenoid market. Astaxanthin, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Beta-Carotene segment is estimated at % CAGR for the next seven-year period.
Global major manufacturers of Carotenoids are DSM, BASF, Allied Biotech, Chenguang Biotech, FMC etc. The top two companies hold a share about 50%. The largest consumption of carotenoids areas is Europe and it occupied 40%. North America is the second largest consumption areas and occupied 28%. Asia Pacific ranked the third position and occupied 27%.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Carotenoid, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Carotenoid market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Carotenoid market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Carotenoid sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Carotenoid covered in this report include DSM, BASF, Allied Biotech, Chenguang Biotech, FMC, Dohler, Chr. Hansen, Carotech and DDW, etc.
The global Carotenoid market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
DSM
BASF
Allied Biotech
Chenguang Biotech
FMC
Dohler
Chr. Hansen
Carotech
DDW
Excelvite
Anhui Wisdom
Tian Yin
Kemin
Global Carotenoid market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Carotenoid market, Segment by Type:
Astaxanthin
Beta-Carotene
Canthaxanthin
Lycopene
Lutein
Global Carotenoid market, by Application
Food
Feed
Pharmaceuticals
Cosmetics
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Carotenoid manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Carotenoid in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. 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 Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Carotenoid Market Overview
1.1 Carotenoid Product Overview
1.2 Carotenoid Market Segment by Type
1.2.1 Astaxanthin
1.2.2 Beta-Carotene
1.2.3 Canthaxanthin
1.2.4 Lycopene
1.2.5 Lutein
1.3 Global Carotenoid Market Size by Type
1.3.1 Global Carotenoid Market Size Overview by Type (2018-2029)
1.3.2 Global Carotenoid Historic Market Size Review by Type (2018-2023)
1.3.3 Global Carotenoid Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Carotenoid Sales Breakdown by Type (2018-2023)
1.4.2 Europe Carotenoid Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Carotenoid Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Carotenoid Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Carotenoid Sales Breakdown by Type (2018-2023)
2 Global Carotenoid Market Competition by Company
2.1 Global Top Players by Carotenoid Sales (2018-2023)
2.2 Global Top Players by Carotenoid Revenue (2018-2023)
2.3 Global Top Players by Carotenoid Price (2018-2023)
2.4 Global Top Manufacturers Carotenoid Manufacturing Base Distribution, Sales Area, Product Type
2.5 Carotenoid Market Competitive Situation and Trends
2.5.1 Carotenoid Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Carotenoid Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Carotenoid as of 2022)
2.7 Date of Key Manufacturers Enter into Carotenoid Market
2.8 Key Manufacturers Carotenoid Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Carotenoid Status and Outlook by Region
3.1 Global Carotenoid Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Carotenoid Historic Market Size by Region
3.2.1 Global Carotenoid Sales in Volume by Region (2018-2023)
3.2.2 Global Carotenoid Sales in Value by Region (2018-2023)
3.2.3 Global Carotenoid Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Carotenoid Forecasted Market Size by Region
3.3.1 Global Carotenoid Sales in Volume by Region (2024-2029)
3.3.2 Global Carotenoid Sales in Value by Region (2024-2029)
3.3.3 Global Carotenoid Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Carotenoid by Application
4.1 Carotenoid Market Segment by Application
4.1.1 Food
4.1.2 Feed
4.1.3 Pharmaceuticals
4.1.4 Cosmetics
4.2 Global Carotenoid Market Size by Application
4.2.1 Global Carotenoid Market Size Overview by Application (2018-2029)
4.2.2 Global Carotenoid Historic Market Size Review by Application (2018-2023)
4.2.3 Global Carotenoid Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Carotenoid Sales Breakdown by Application (2018-2023)
4.3.2 Europe Carotenoid Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Carotenoid Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Carotenoid Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Carotenoid Sales Breakdown by Application (2018-2023)
5 North America Carotenoid by Country
5.1 North America Carotenoid Historic Market Size by Country
5.1.1 North America Carotenoid Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Carotenoid Sales in Volume by Country (2018-2023)
5.1.3 North America Carotenoid Sales in Value by Country (2018-2023)
5.2 North America Carotenoid Forecasted Market Size by Country
5.2.1 North America Carotenoid Sales in Volume by Country (2024-2029)
5.2.2 North America Carotenoid Sales in Value by Country (2024-2029)
6 Europe Carotenoid by Country
6.1 Europe Carotenoid Historic Market Size by Country
6.1.1 Europe Carotenoid Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Carotenoid Sales in Volume by Country (2018-2023)
6.1.3 Europe Carotenoid Sales in Value by Country (2018-2023)
6.2 Europe Carotenoid Forecasted Market Size by Country
6.2.1 Europe Carotenoid Sales in Volume by Country (2024-2029)
6.2.2 Europe Carotenoid Sales in Value by Country (2024-2029)
7 Asia-Pacific Carotenoid by Region
7.1 Asia-Pacific Carotenoid Historic Market Size by Region
7.1.1 Asia-Pacific Carotenoid Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Carotenoid Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Carotenoid Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Carotenoid Forecasted Market Size by Region
7.2.1 Asia-Pacific Carotenoid Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Carotenoid Sales in Value by Region (2024-2029)
8 Latin America Carotenoid by Country
8.1 Latin America Carotenoid Historic Market Size by Country
8.1.1 Latin America Carotenoid Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Carotenoid Sales in Volume by Country (2018-2023)
8.1.3 Latin America Carotenoid Sales in Value by Country (2018-2023)
8.2 Latin America Carotenoid Forecasted Market Size by Country
8.2.1 Latin America Carotenoid Sales in Volume by Country (2024-2029)
8.2.2 Latin America Carotenoid Sales in Value by Country (2024-2029)
9 Middle East and Africa Carotenoid by Country
9.1 Middle East and Africa Carotenoid Historic Market Size by Country
9.1.1 Middle East and Africa Carotenoid Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Carotenoid Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Carotenoid Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Carotenoid Forecasted Market Size by Country
9.2.1 Middle East and Africa Carotenoid Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Carotenoid Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 DSM
10.1.1 DSM Company Information
10.1.2 DSM Introduction and Business Overview
10.1.3 DSM Carotenoid Sales, Revenue and Gross Margin (2018-2023)
10.1.4 DSM Carotenoid Products Offered
10.1.5 DSM Recent Development
10.2 BASF
10.2.1 BASF Company Information
10.2.2 BASF Introduction and Business Overview
10.2.3 BASF Carotenoid Sales, Revenue and Gross Margin (2018-2023)
10.2.4 BASF Carotenoid Products Offered
10.2.5 BASF Recent Development
10.3 Allied Biotech
10.3.1 Allied Biotech Company Information
10.3.2 Allied Biotech Introduction and Business Overview
10.3.3 Allied Biotech Carotenoid Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Allied Biotech Carotenoid Products Offered
10.3.5 Allied Biotech Recent Development
10.4 Chenguang Biotech
10.4.1 Chenguang Biotech Company Information
10.4.2 Chenguang Biotech Introduction and Business Overview
10.4.3 Chenguang Biotech Carotenoid Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Chenguang Biotech Carotenoid Products Offered
10.4.5 Chenguang Biotech Recent Development
10.5 FMC
10.5.1 FMC Company Information
10.5.2 FMC Introduction and Business Overview
10.5.3 FMC Carotenoid Sales, Revenue and Gross Margin (2018-2023)
10.5.4 FMC Carotenoid Products Offered
10.5.5 FMC Recent Development
10.6 Dohler
10.6.1 Dohler Company Information
10.6.2 Dohler Introduction and Business Overview
10.6.3 Dohler Carotenoid Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Dohler Carotenoid Products Offered
10.6.5 Dohler Recent Development
10.7 Chr. Hansen
10.7.1 Chr. Hansen Company Information
10.7.2 Chr. Hansen Introduction and Business Overview
10.7.3 Chr. Hansen Carotenoid Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Chr. Hansen Carotenoid Products Offered
10.7.5 Chr. Hansen Recent Development
10.8 Carotech
10.8.1 Carotech Company Information
10.8.2 Carotech Introduction and Business Overview
10.8.3 Carotech Carotenoid Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Carotech Carotenoid Products Offered
10.8.5 Carotech Recent Development
10.9 DDW
10.9.1 DDW Company Information
10.9.2 DDW Introduction and Business Overview
10.9.3 DDW Carotenoid Sales, Revenue and Gross Margin (2018-2023)
10.9.4 DDW Carotenoid Products Offered
10.9.5 DDW Recent Development
10.10 Excelvite
10.10.1 Excelvite Company Information
10.10.2 Excelvite Introduction and Business Overview
10.10.3 Excelvite Carotenoid Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Excelvite Carotenoid Products Offered
10.10.5 Excelvite Recent Development
10.11 Anhui Wisdom
10.11.1 Anhui Wisdom Company Information
10.11.2 Anhui Wisdom Introduction and Business Overview
10.11.3 Anhui Wisdom Carotenoid Sales, Revenue and Gross Margin (2018-2023)
10.11.4 Anhui Wisdom Carotenoid Products Offered
10.11.5 Anhui Wisdom Recent Development
10.12 Tian Yin
10.12.1 Tian Yin Company Information
10.12.2 Tian Yin Introduction and Business Overview
10.12.3 Tian Yin Carotenoid Sales, Revenue and Gross Margin (2018-2023)
10.12.4 Tian Yin Carotenoid Products Offered
10.12.5 Tian Yin Recent Development
10.13 Kemin
10.13.1 Kemin Company Information
10.13.2 Kemin Introduction and Business Overview
10.13.3 Kemin Carotenoid Sales, Revenue and Gross Margin (2018-2023)
10.13.4 Kemin Carotenoid Products Offered
10.13.5 Kemin Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Carotenoid Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Carotenoid Industrial Chain Analysis
11.4 Carotenoid Market Dynamics
11.4.1 Carotenoid Industry Trends
11.4.2 Carotenoid Market Drivers
11.4.3 Carotenoid Market Challenges
11.4.4 Carotenoid Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Carotenoid Distributors
12.3 Carotenoid Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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