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Carotenoids Market SWOT Analysis Of Top Key Player Forecasts To 2025

The growing application in human food, animal feed, dietary supplements, medicines, and cosmetic application owing to the presence of essential nutrients and vitamins in carotenoids will drive growth over the upcoming years. Furthermore, the increasing demand for these applications on account of population growth, increasing consumer surplus, and health awareness will aid in the indu3stry expansion.

The Global Carotenoids Market is expected to reach USD 1.74 billion by 2025, according to a new report by Grand View Research, Inc.


The usage of these products in the pharmaceutical sector will witness substantial revenue growth at a CAGR of 4.3% from 2016 to 2025. These products act as antioxidants within the body and protect the body against chronic diseases, cellular damage, and the effects of aging.

Carotenoids aid in supporting eye, skin, cardiovascular health, and are being widely used for cancer prevention. Strong growth of pharmaceutical and cosmetic industry in emerging countries such as China, India, and South Korea will create growth opportunities for the market in the future.

To Know More About Carotenoids Market Please Visit Us @ https://www.grandviewresearch.com/industry-analysis/carotenoids-market

Top Players of Carotenoids Market:

The industry is dominated by key participants including BASF SE, Allied Biotech, Kemin Industries, Brenntag, ExcelVite Sdn. Bhd., Cyanotech Corp., Chr. Hansen, D. D. Williamson, DSM Nutritional Products, Divis Laboratories, Naturex SA, and Lycored.

Market Segmentation of Carotenoids Market:

The Global Carotenoids Market segmented on the basis of Source, Product, Application and Region.

By Source:

    Natural
    Synthetic

By Product:

    Beta-carotene
    Lutein
    Lycopene
    Astaxanthin
    Zeaxanthin
    Canthaxanthin

By Application:

    Food
    Supplements
    Feed
    Pharmaceuticals
    Cosmetics

By Region:

    North America
    Europe
    Asia Pacific
    Central & South America
    Middle East & Africa

Inquire about Carotenoids Market with Our Experts @ https://www.grandviewresearch.com/inquiry/1578
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