“The Carotenoids market worth over $1.3 billion in 2017” says Visiongain Intelligence Centre

18 June 2018
Food and Drink

Visiongain’s new report The Carotenoids Market Forecast to 2027: Forecasts and Analysis by Product Type (Beta-Carotene, Lutein, Lycopene, Astaxanthin, Canthaxanthin, Others), Application (Supplements, Food, Feed, Cosmetics, Pharmaceuticals), Geography, with Profiles of Leading Companies indicates that the carotenoids market will see over $1.3bn in revenue in 2017.

The lead analyst of the report said:

"Visiongain has defined carotenoids as 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. Carotenoids market will register a significant growth during the forecast period owing to expanding end use application, increasing demand of carotenoids in cosmetic industry, and various other factor that will drive the growth of this market."

The carotenoids market includes various product types such as beta-carotene, lutein, lycopene, astaxanthin, zeaxanthin, canthaxanthin, and others. Besides this, the carotenoid market is segmented by application which includes supplements, food, feed, cosmetics, pharmaceuticals, and others.

This report evaluates the global market of carotenoids in regions such as North America, Latin America, Europe, Asia Pacific and the rest of the world both in terms of revenue and volume. The report provides detailed overview of the driving and restraining factors for the growth of the market and opportunities for further advancement. The report provides detailed overview of various carotenoids market segments such as product type, application, and by region/country. The report provides information on the market size and forecast from 2017 through to 2027 in terms of revenue and volume. It also provides information on the key market players and their strategies and revenues generated in the 2016 market.

This report is intended to provide an in-depth analysis of the latest trends prevailing in the global carotenoids market and its growth and development in the next decade. The changing demographics of the world population, developing infrastructure, emerging economies, consumer spending behaviour, per capita income, macroeconomic factors, rising GDPs, and the reformation in laws and regulations are trend setting factors, which will affect the market Visiongain understands that the carotenoids market will register significant growth. This report examines in detail the market by region, by product type, and by application, providing the reader with a thorough overview of the market to identify key growth areas and business opportunities.

The Carotenoids Market Forecast to 2027: Forecasts and Analysis by Product Type (Beta-Carotene, Lutein, Lycopene, Astaxanthin, Canthaxanthin, Others), Application (Supplements, Food, Feed, Cosmetics, Pharmaceuticals), Geography, with Profiles of Leading Companies report will be of value to anyone who wants to better understand the carotenoids market and its various segments. It will be useful for businesses who wish to better comprehend the part of the market they are already involved in, or those wishing to enter or expand into a different regional or technical part of the food industry.

Notes for Editors
If you are interested in a more detailed overview of this report, please send an e-mail to sara.peerun@visiongain.com or call her on +44 (0) 207 336 6100

About visiongain
Visiongain is one of the fastest-growing and most innovative independent media companies in Europe. Based in London, UK, Visiongain produces a host of business-to-business reports cusing on the automotive, aviation, chemicals, cyber, defence, energy, food & drink, materials, packaging, pharmaceutical and utilities sectors.

Visiongain publishes reports produced by analysts who are qualified experts in their field. Visiongain has firmly established itself as the first port of call for the business professional who needs independent, high-quality, original material to rely and depend on.

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