Global Carotenoids Market to Reach $4.2 Billion by 2030
The global market for Carotenoids estimated at US$3.1 Billion in the year 2022, is projected to reach a revised size of US$4.2 Billion by 2030, growing at a CAGR of 3.8% over the analysis period 2022-2030. Beta-Carotene, one of the segments analyzed in the report, is projected to record a 4.6% CAGR and reach US$1.1 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Astaxanthin segment is readjusted to a revised 3.7% CAGR for the next 8-year period.The U.S. Market is Estimated at $857.7 Million, While China is Forecast to Grow at 6.5% CAGR
The Carotenoids market in the U.S. is estimated at US$857.7 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$874.3 Million by the year 2030 trailing a CAGR of 6.5% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2% and 3.1% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 2.5% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$558.6 Million by the year 2030.Select Competitors (Total 83 Featured) -
- Algatechnologies Ltd.
- Allied Biotech Corporation
- BASF SE
- Chr. Hansen Holding A/S
- Cyanotech Corporation
- DDW The Colour House
- Döhler Group
- Dow Inc.
- ExcelVite Sdn Bhd
- Kemin Industries Inc.
- Lycored Ltd.
- Royal DSM N.V.
- Sensient Technologies Corporation
- Valensa International LLC
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARYIII. MARKET ANALYSISCANADAITALYSPAINRUSSIAREST OF EUROPESOUTH KOREAREST OF ASIA-PACIFICARGENTINABRAZILMEXICOREST OF LATIN AMERICAIRANISRAELSAUDI ARABIAUNITED ARAB EMIRATESREST OF MIDDLE EASTIV. COMPETITION
1. MARKET OVERVIEW
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
UNITED STATES
JAPAN
CHINA
EUROPE
FRANCE
GERMANY
UNITED KINGDOM
ASIA-PACIFIC
AUSTRALIA
INDIA
LATIN AMERICA
MIDDLE EAST
AFRICA
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Algatechnologies Ltd.
- Allied Biotech Corporation
- BASF SE
- Chr. Hansen Holding A/S
- Cyanotech Corporation
- DDW The Colour House
- Döhler Group
- Dow Inc.
- ExcelVite Sdn Bhd
- Kemin Industries Inc.
- Lycored Ltd.
- Royal DSM N.V.
- Sensient Technologies Corporation
- Valensa International LLC
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 214 |
Published | March 2024 |
Forecast Period | 2022 - 2030 |
Estimated Market Value ( USD | $ 3.1 Billion |
Forecasted Market Value ( USD | $ 4.2 Billion |
Compound Annual Growth Rate | 3.9% |
Regions Covered | Global |