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Global Carotene Market Size study, by Type (Alpha-Carotene, Beta-Carotene) by Application (Food and Beverage, Pharmaceuticals and Dietary Supplements, Personal Care and Cosmetics, Animal Feed Industries) and Regional Forecasts 2021-2027

  • BIZ4599884
  • 200 Pages
  • July 2021
  • Medical Devices
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Global Carotene Market is valued approximately USD 382.6 million in 2020 and is anticipated to grow with a healthy growth rate of more than 3.50% over the forecast period 2021-2027. Carotene is an unsaturated hydrocarbon compound with the formula C40Hx that is produced by plants but not by animals in general. The location of a double bond in the cyclic group at one end differs between the two main isomers of carotene, alpha-carotene and beta-carotene. The most prevalent type is beta-carotene, which may be found in yellow, orange, and green leafy fruits and vegetables. Beta-carotene is the most common source of pro-vitamin A and is commonly employed as a food colorant in juice, cakes, sweets, butter, and margarine. The market has been growing due to rising demand for beta carotene in the food industry, as well as its widespread use in other end-user industries such as pharmaceuticals for colouring, pro-vitamin A source in dietary supplements, health ingredient in animal feed, and antioxidant in cosmetic products. Carotenoids are utilized in creams and lotions as active components having biological action. Carotenoids are utilized in cosmetic products for their antioxidant qualities and nutritional benefit to the skin and hair, much as they are in food and feed. The natural cosmetics industry is also expanding. They are expected to expand their income to $54 billion by 2027, with an estimated annual growth rate of 6–8%. Additionally, carotene is dominantly used in the animal feed industry. Carotene contributes to the desired color of the egg yolk, just as they do in the chicken diet. Carotene have also been added to the diet of aquatic animals in aquaculture to enhance the desired pink/red color of crustaceans, salmonids, and other farmed fish. Aquaculture is the world's fastest-growing animal food production business; for example, Scottish aquaculture, which is dominated by Atlantic salmon farming and aims to double its economic contribution to £3.6 billion by 2030. However, potential side effects impede the growth of the market over the forecast period of 2021-2027. Although, increasing demand of algae-based carotene in functional and heath food presents a lucrative opportunity for the market.

Asia Pacific, North America, Europe, Latin America, and the Rest of the World are all examined in the geographical analysis of the worldwide Carotene market. Due to exclusive product releases and ongoing research and development operations, as well as rising demand for natural skincare cosmetics, Europe is the world's top area in terms of market share. Whereas, Asia-Pacific is expected to grow at the fastest rate during the forecast period, due to an increase in the region's food and beverage, cosmetics, and other end-user industries, as well as the presence of small-scale regional companies and investment in R&D operations for new product development, creating lucrative growth prospects for the Carotene market throughout Asia-Pacific.

Major market player included in this report are:

BASF SE

Koninklijke DSM N.V

Sensient Technologies

D.D. Williamson & Co. Inc.

Lycored Corp.

BioExtract

Parry Nutraceuticals

Foodchem International

Allied Biotech Corp.

Chr Hansen Holding A/S

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Type:

Alpha-Carotene

Beta-Carotene

By Application:

Food and Beverage

Pharmaceuticals and Dietary Supplements

Personal Care and Cosmetics

Animal Feed Industries

By Region:

North America

U.S.

Canada

Europe

UK

Germany

France

Spain

Italy

ROE

Asia Pacific

China

India

Japan

Australia

South Korea

RoAPAC

Latin America

Brazil

Mexico

Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019

Base year – 2020

Forecast period – 2021 to 2027

Target Audience of the Global Carotene Market in Market Study:

Key Consulting Companies & Advisors

Large, medium-sized, and small enterprises

Venture capitalists

Value-Added Resellers (VARs)

Third-party knowledge providers

Investment bankers

Investors

Chapter 1. Executive Summary

1.1. Market Snapshot

1.2. Global & Segmental Market Estimates & Forecasts, 2019-2027 (USD Million)

1.2.1. Carotene Market, by Region, 2019-2027 (USD Million)

1.2.2. Carotene Market, by Type, 2019-2027 (USD Million)

1.2.3. Carotene Market, by Application, 2019-2027 (USD Million)

1.3. Key Trends

1.4. Estimation Methodology

1.5. Research Assumption

Chapter 2. Global Carotene Market Definition and Scope

2.1. Objective of the Study

2.2. Market Definition & Scope

2.2.1. Scope of the Study

2.2.2. Industry Evolution

2.3. Years Considered for the Study

2.4. Currency Conversion Rates

Chapter 3. Global Carotene Market Dynamics

3.1. Carotene Market Impact Analysis (2019-2027)

3.1.1. Market Drivers

3.1.1.1. Nutraceutical industry expansion

3.1.1.2. Growth in the pharmaceutical industry

3.1.2. Market Challenges

3.1.2.1. Potential side effects

3.1.3. Market Opportunities

3.1.3.1. Growing demand for natural skincare cosmetics

Chapter 4. Global Carotene Market Industry Analysis

4.1. Porter’s 5 Force Model

4.1.1. Bargaining Power of Suppliers

4.1.2. Bargaining Power of Buyers

4.1.3. Threat of New Entrants

4.1.4. Threat of Substitutes

4.1.5. Competitive Rivalry

4.1.6. Futuristic Approach to Porter’s 5 Force Model (2018-2027)

4.2. PEST Analysis

4.2.1. Political

4.2.2. Economical

4.2.3. Social

4.2.4. Technological

4.3. Investment Adoption Model

4.4. Analyst Recommendation & Conclusion

Chapter 5. Global Carotene Market, by Type

5.1. Market Snapshot

5.2. Global Carotene Market by Type, Performance - Potential Analysis

5.3. Global Carotene Market Estimates & Forecasts by Type 2018-2027 (USD Million)

5.4. Carotene Market, Sub Segment Analysis

5.4.1. Alpha-Carotene

5.4.2. Beta-Carotene

Chapter 6. Global Carotene Market, by Application

6.1. Market Snapshot

6.2. Global Carotene Market by Application, Performance - Potential Analysis

6.3. Global Carotene Market Estimates & Forecasts by Application 2018-2027 (USD Million)

6.4. Carotene Market, Sub Segment Analysis

6.4.1. Food and Beverage

6.4.2. Pharmaceuticals and Dietary Supplements

6.4.3. Personal Care and Cosmetics

6.4.4. Animal Feed Industries

Chapter 7. Global Carotene Market, Regional Analysis

7.1. Carotene Market, Regional Market Snapshot

7.2. North America Carotene Market

7.2.1. U.S. Carotene Market

7.2.1.1. Type breakdown estimates & forecasts, 2018-2027

7.2.1.2. Application breakdown estimates & forecasts, 2018-2027

7.2.2. Canada Carotene Market

7.3. Europe Carotene Market Snapshot

7.3.1. U.K. Carotene Market

7.3.2. Germany Carotene Market

7.3.3. France Carotene Market

7.3.4. Spain Carotene Market

7.3.5. Italy Carotene Market

7.3.6. Rest of Europe Carotene Market

7.4. Asia-Pacific Carotene Market Snapshot

7.4.1. China Carotene Market

7.4.2. India Carotene Market

7.4.3. Japan Carotene Market

7.4.4. Australia Carotene Market

7.4.5. South Korea Carotene Market

7.4.6. Rest of Asia Pacific Carotene Market

7.5. Latin America Carotene Market Snapshot

7.5.1. Brazil Carotene Market

7.5.2. Mexico Carotene Market

7.6. Rest of The World Carotene Market

Chapter 8. Competitive Intelligence

8.1. Top Market Strategies

8.2. Company Profiles

8.2.1. BASF SE

8.2.1.1. Key Information

8.2.1.2. Overview

8.2.1.3. Financial (Subject to Data Availability)

8.2.1.4. Product Summary

8.2.1.5. Recent Developments

8.2.2. Koninklijke DSM N.V

8.2.3. Sensient Technologies

8.2.4. D.D. Williamson & Co. Inc.

8.2.5. Lycored Corp.

8.2.6. Bioextract

8.2.7. Parry Nutraceuticals

8.2.8. Foodchem International

8.2.9. Allied Biotech Corp.

8.2.10. Chr Hansen Holding A/S

Chapter 9. Research Process

9.1. Research Process

9.1.1. Data Mining

9.1.2. Analysis

9.1.3. Market Estimation

9.1.4. Validation

9.1.5. Publishing

9.2. Research Attributes

9.3. Research Assumption

List of Tables

TABLE 1. Global Carotene market, report scope

TABLE 2. Global Carotene market estimates & forecasts by Region 2018-2027 (USD Million)

TABLE 3. Global Carotene market estimates & forecasts by Type 2018-2027 (USD Million)

TABLE 4. Global Carotene market estimates & forecasts by Application 2018-2027 (USD Million)

TABLE 5. Global Carotene market by segment, estimates & forecasts, 2018-2027 (USD Million)

TABLE 6. Global Carotene market by region, estimates & forecasts, 2018-2027 (USD Million)

TABLE 7. Global Carotene market by segment, estimates & forecasts, 2018-2027 (USD Million)

TABLE 8. Global Carotene market by region, estimates & forecasts, 2018-2027 (USD Million)

TABLE 9. Global Carotene market by segment, estimates & forecasts, 2018-2027 (USD Million)

TABLE 10. Global Carotene market by region, estimates & forecasts, 2018-2027 (USD Million)

TABLE 11. Global Carotene market by segment, estimates & forecasts, 2018-2027 (USD Million)

TABLE 12. Global Carotene market by region, estimates & forecasts, 2018-2027 (USD Million)

TABLE 13. Global Carotene market by segment, estimates & forecasts, 2018-2027 (USD Million)

TABLE 14. Global Carotene market by region, estimates & forecasts, 2018-2027 (USD Million)

TABLE 15. U.S. Carotene market estimates & forecasts, 2018-2027 (USD Million)

TABLE 16. U.S. Carotene market estimates & forecasts by segment 2018-2027 (USD Million)

TABLE 17. U.S. Carotene market estimates & forecasts by segment 2018-2027 (USD Million)

TABLE 18. Canada Carotene market estimates & forecasts, 2018-2027 (USD Million)

TABLE 19. Canada Carotene market estimates & forecasts by segment 2018-2027 (USD Million)

TABLE 20. Canada Carotene market estimates & forecasts by segment 2018-2027 (USD Million)

TABLE 21. UK Carotene market estimates & forecasts, 2018-2027 (USD Million)

TABLE 22. UK Carotene market estimates & forecasts by segment 2018-2027 (USD Million)

TABLE 23. UK Carotene market estimates & forecasts by segment 2018-2027 (USD Million)

TABLE 24. Germany Carotene market estimates & forecasts, 2018-2027 (USD Million)

TABLE 25. Germany Carotene market estimates & forecasts by segment 2018-2027 (USD Million)

TABLE 26. Germany Carotene market estimates & forecasts by segment 2018-2027 (USD Million)

TABLE 27. RoE Carotene market estimates & forecasts, 2018-2027 (USD Million)

TABLE 28. RoE Carotene market estimates & forecasts by segment 2018-2027 (USD Million)

TABLE 29. RoE Carotene market estimates & forecasts by segment 2018-2027 (USD Million)

TABLE 1. China Carotene market estimates & forecasts, 2018-2027 (USD Million)

TABLE 2. China Carotene market estimates & forecasts by segment 2018-2027 (USD Million)

TABLE 3. China Carotene market estimates & forecasts by segment 2018-2027 (USD Million)

TABLE 4. India Carotene market estimates & forecasts, 2018-2027 (USD Million)

TABLE 5. India Carotene market estimates & forecasts by segment 2018-2027 (USD Million)

TABLE 6. India Carotene market estimates & forecasts by segment 2018-2027 (USD Million)

TABLE 7. Japan Carotene market estimates & forecasts, 2018-2027 (USD Million)

TABLE 8. Japan Carotene market estimates & forecasts by segment 2018-2027 (USD Million)

TABLE 9. Japan Carotene market estimates & forecasts by segment 2018-2027 (USD Million)

TABLE 10. RoAPAC Carotene market estimates & forecasts, 2018-2027 (USD Million)

TABLE 11. RoAPAC Carotene market estimates & forecasts by segment 2018-2027 (USD Million)

TABLE 12. RoAPAC Carotene market estimates & forecasts by segment 2018-2027 (USD Million)

TABLE 13. Brazil Carotene market estimates & forecasts, 2018-2027 (USD Million)

TABLE 14. Brazil Carotene market estimates & forecasts by segment 2018-2027 (USD Million)

TABLE 15. Brazil Carotene market estimates & forecasts by segment 2018-2027 (USD Million)

TABLE 16. Mexico Carotene market estimates & forecasts, 2018-2027 (USD Million)

TABLE 17. Mexico Carotene market estimates & forecasts by segment 2018-2027 (USD Million)

TABLE 18. Mexico Carotene market estimates & forecasts by segment 2018-2027 (USD Million)

TABLE 19. RoLA Carotene market estimates & forecasts, 2018-2027 (USD Million)

TABLE 20. RoLA Carotene market estimates & forecasts by segment 2018-2027 (USD Million)

TABLE 21. RoLA Carotene market estimates & forecasts by segment 2018-2027 (USD Million)

TABLE 22. Row Carotene market estimates & forecasts, 2018-2027 (USD Million)

TABLE 23. Row Carotene market estimates & forecasts by segment 2018-2027 (USD Million)

TABLE 24. Row Carotene market estimates & forecasts by segment 2018-2027 (USD Million)

TABLE 25. List of secondary sources, used in the study of global Carotene market

TABLE 26. List of primary sources, used in the study of global Carotene market

TABLE 27. Years considered for the study

TABLE 28. Exchange rates considered

 
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