1. Introduction
1.1. Market Definition
1.2. Market Ecosystem
1.3. Currency
1.4. Key Stakeholders
2. Research Methodology
2.1. Research Process
2.2. Data Collection & Validation
2.2.1. Secondary Research
2.2.2. Primary Research
2.3. Market Assessment
2.3.1. Market Size Estimation
2.3.1.1. Bottom-up Approach
2.3.1.2. Top-down Approach
2.3.1.3. Growth Forecast
2.3.2. Market Share Estimation
2.4. Assumptions for the Study
2.5. Limitations of the Study
3. Executive Summary
3.1. Introduction
3.2. Segment Analysis
3.2.1. Carotenoids Market Analysis: by Type
3.2.2. Carotenoids Market Analysis: by Form
3.2.3. Carotenoids Market Analysis: by Source
3.2.4. Carotenoids Market Analysis: by Application
3.3. Regional Analysis
3.4. Market Competitors
4. Market Insights
4.1. Introduction
4.2. Drivers
4.2.1. Growing Demand for Natural Colorants
4.2.2. Rising Incidence of Eye Diseases and Cancer
4.2.3. Increasing Awareness Regarding Clean-label Products
4.2.4. Growing Demand for Natural Skincare Cosmetics
4.3. Restraints
4.3.1. Stringent Regulatory and Approval Norms
4.3.2. High Cost of Natural Pigments
4.4. Opportunities
4.4.1. Increasing Use of Carotenoids in Aquaculture
4.4.2. Emerging Economies in Asia-Pacific, Latin America, and the Middle East & Africa
4.5. The Impact of COVID-19 on the Global Carotenoids Market
5. Global Carotenoids Market, by Type
5.1. Introduction
5.2. Astaxanthin
5.3. Beta-carotene
5.4. Lutein
5.5. Lycopene
5.6. Canthaxanthin
5.7. Zeaxanthin
5.8. Other Carotenoids
6. Global Carotenoids Market, by Form
6.1. Introduction
6.2. Beadlets
6.3. Powder
6.4. Liquid
6.5. Gel
6.6. Other Forms
7. Global Carotenoids Market, by Source
7.1. Introduction
7.2. Synthetic Carotenoids
7.3. Natural Carotenoids
7.3.1. Plant-sourced Natural Carotenoids
7.3.2. Microorganism-sourced Natural Carotenoids
7.3.3. Algae-sourced Natural Carotenoids
8. Global Carotenoids Market, by Application
8.1. Introduction
8.2. Feed
8.3. Food & Beverages
8.4. Dietary Supplements
8.5. Cosmetics
8.6. Pharmaceuticals
8.7. Other Applications
9. Carotenoids Market, by Geography
9.1. Introduction
9.2. North America
9.2.1. U.S.
9.2.2. Canada
9.3. Europe
9.3.1. Germany
9.3.2. France
9.3.3. U.K.
9.3.4. Italy
9.3.5. Spain
9.3.6. Rest of Europe (RoE)
9.4. Asia-Pacific
9.4.1. China
9.4.2. India
9.4.3. Japan
9.4.4. Australia
9.4.5. Rest of Asia-Pacific (RoAPAC)
9.5. Latin America
9.5.1. Brazil
9.5.2. Mexico
9.5.3. Argentina
9.5.4. Rest of Latin America (RoLATAM)
9.6. Middle East & Africa
10. Competitive Landscape
10.1. Introduction
10.2. Key Strategic Developments
10.3. Competitive Benchmarking
10.4. Market Share Analysis, by Key Players, 2022 (%)
11. Company Profiles (Business Overview, Financial Overview, Product Portfolio, Strategic Developments)
11.1. Allied Biotech Corporation
11.2. BASF SE
11.3. Chr. Hansen Holding A/S
11.4. Cyanotech Corporation
11.5. DDW, Inc. (Part of Givaudan SA)
11.6. Deinove SA
11.7. Divi's Laboratories Limited
11.8. Döhler GmbH
11.9. ExcelVite Sdn. Bhd.
11.10. Kemin Industries, Inc.
11.11. Koninklijke DSM N.V.
11.12. Lycored Corp.
11.13. Novus International, Inc.
11.14. Vidya Europe SAS
11.15. Zhejiang NHU Co., Ltd.
11.16. Other Companies
12. Appendix
12.1. Questionnaire
12.2. Available Customization
List of Tables
Table 1 Global Carotenoids Market, Impact Analysis of Market Drivers, 2023–2030
Table 2 Global Carotenoids Market, Impact Analysis of Market Restraints, 2023–2030
Table 3 Global Carotenoids Market Size, by Type, 2021–2030 (USD Million)
Table 4 Global Astaxanthin Market Size, by Country/Region, 2021–2030 (USD Million)
Table 5 Global Beta-carotene Market Size, by Country/Region, 2021–2030 (USD Million)
Table 6 Global Lutein Market Size, by Country/Region, 2021–2030 (USD Million)
Table 7 Global Lycopene Market Size, by Country/Region, 2021–2030 (USD Million)
Table 8 Global Canthaxanthin Market Size, by Country/Region, 2021–2030 (USD Million)
Table 9 Global Zeaxanthin Market Size, by Country/Region, 2021–2030 (USD Million)
Table 10 Global Other Carotenoids Market Size, by Country/Region, 2021–2030 (USD Million)
Table 11 Global Carotenoids Market Size, by Form, 2021–2030 (USD Million)
Table 12 Global Beadlets Carotenoids Market Size, by Country/Region, 2021–2030 (USD Million)
Table 13 Global Powder Carotenoids Market Size, by Country/Region, 2021–2030 (USD Million)
Table 14 Global Liquid Carotenoids Market Size, by Country/Region, 2021–2030 (USD Million)
Table 15 Global Gel Carotenoids Market Size, by Country/Region, 2021–2030 (USD Million)
Table 16 Global Other Forms Carotenoids Market Size, by Country/Region, 2021–2030 (USD Million)
Table 17 Global Carotenoids Market Size, by Source, 2021–2030 (USD Million)
Table 18 Global Synthetic Carotenoids Market Size, by Country/Region, 2021–2030 (USD Million)
Table 19 Global Natural Carotenoids Market Size, by Type, 2021–2030 (USD Million)
Table 20 Global Natural Carotenoids Market Size, by Country/Region, 2021–2030 (USD Million)
Table 21 Global Plant-sourced Natural Carotenoids Market Size, by Country/Region, 2021–2030 (USD Million)
Table 22 Global Microorganism-sourced Natural Carotenoids Market Size, by Country/Region, 2021–2030 (USD Million)
Table 23 Global Algae-sourced Natural Carotenoids Market Size, by Country/Region, 2021–2030 (USD Million)
Table 24 Global Carotenoids Market Size, by Application, 2021–2030 (USD Million)
Table 25 Global Carotenoids Market Size for Feed, by Country/Region, 2021–2030 (USD Million)
Table 26 Global Carotenoids Market Size for Food & Beverages, by Country/Region, 2021–2030 (USD Million)
Table 27 Global Carotenoids Market Size for Dietary Supplements, by Country/Region, 2021–2030 (USD Million)
Table 28 Global Carotenoids Market Size for Cosmetics, by Country/Region, 2021–2030 (USD Million)
Table 29 Global Carotenoids Market Size for Pharmaceuticals, by Country/Region, 2021–2030 (USD Million)
Table 30 Global Carotenoids Market Size for Other Applications, by Country/Region, 2021–2030 (USD Million)
Table 31 Global Carotenoids Market Size, by Region, 2021–2030 (USD Million)
Table 32 North America: Carotenoids Market Size, by Country, 2021–2030 (USD Million)
Table 33 North America: Carotenoids Market Size, by Type, 2021–2030 (USD Million)
Table 34 North America: Carotenoids Market Size, by Form, 2021–2030 (USD Million)
Table 35 North America: Carotenoids Market Size, by Source, 2021–2030 (USD Million)
Table 36 North America: Natural Carotenoids Market Size, by Type, 2021–2030 (USD Million)
Table 37 North America: Carotenoids Market Size, by Application, 2021–2030 (USD Million)
Table 38 U.S.: Carotenoids Market Size, by Type, 2021–2030 (USD Million)
Table 39 U.S.: Carotenoids Market Size, by Form, 2021–2030 (USD Million)
Table 40 U.S.: Carotenoids Market Size, by Source, 2021–2030 (USD Million)
Table 41 U.S.: Natural Carotenoids Market Size, by Type, 2021–2030 (USD Million)
Table 42 U.S.: Carotenoids Market Size, by Application, 2021–2030 (USD Million)
Table 43 Canada: Carotenoids Market Size, by Type, 2021–2030 (USD Million)
Table 44 Canada: Carotenoids Market Size, by Form, 2021–2030 (USD Million)
Table 45 Canada: Carotenoids Market Size, by Source, 2021–2030 (USD Million)
Table 46 Canada: Natural Carotenoids Market Size, by Type, 2021–2030 (USD Million)
Table 47 Canada: Carotenoids Market Size, by Application, 2021–2030 (USD Million)
Table 48 Europe: Carotenoids Market Size, by Country/Region, 2021–2030 (USD Million)
Table 49 Europe: Carotenoids Market Size, by Type, 2021–2030 (USD Million)
Table 50 Europe: Carotenoids Market Size, by Form, 2021–2030 (USD Million)
Table 51 Europe: Carotenoids Market Size, by Source, 2021–2030 (USD Million)
Table 52 Europe: Natural Carotenoids Market Size, by Type, 2021–2030 (USD Million)
Table 53 Europe: Carotenoids Market Size, by Application, 2021–2030 (USD Million)
Table 54 Germany: Carotenoids Market Size, by Type, 2021–2030 (USD Million)
Table 55 Germany: Carotenoids Market Size, by Form, 2021–2030 (USD Million)
Table 56 Germany: Carotenoids Market Size, by Source, 2021–2030 (USD Million)
Table 57 Germany: Natural Carotenoids Market Size, by Type, 2021–2030 (USD Million)
Table 58 Germany: Carotenoids Market Size, by Application, 2021–2030 (USD Million)
Table 59 France: Carotenoids Market Size, by Type, 2021–2030 (USD Million)
Table 60 France: Carotenoids Market Size, by Form, 2021–2030 (USD Million)
Table 61 France: Carotenoids Market Size, by Source, 2021–2030 (USD Million)
Table 62 France: Natural Carotenoids Market Size, by Type, 2021–2030 (USD Million)
Table 63 France: Carotenoids Market Size, by Application, 2021–2030 (USD Million)
Table 64 U.K.: Carotenoids Market Size, by Type, 2021–2030 (USD Million)
Table 65 U.K.: Carotenoids Market Size, by Form, 2021–2030 (USD Million)
Table 66 U.K.: Carotenoids Market Size, by Source, 2021–2030 (USD Million)
Table 67 U.K.: Natural Carotenoids Market Size, by Type, 2021–2030 (USD Million)
Table 68 U.K.: Carotenoids Market Size, by Application, 2021–2030 (USD Million)
Table 69 Italy: Carotenoids Market Size, by Type, 2021–2030 (USD Million)
Table 70 Italy: Carotenoids Market Size, by Form, 2021–2030 (USD Million)
Table 71 Italy: Carotenoids Market Size, by Source, 2021–2030 (USD Million)
Table 72 Italy: Natural Carotenoids Market Size, by Type, 2021–2030 (USD Million)
Table 73 Italy: Carotenoids Market Size, by Application, 2021–2030 (USD Million)
Table 74 Spain: Carotenoids Market Size, by Type, 2021–2030 (USD Million)
Table 75 Spain: Carotenoids Market Size, by Form, 2021–2030 (USD Million)
Table 76 Spain: Carotenoids Market Size, by Source, 2021–2030 (USD Million)
Table 77 Spain: Natural Carotenoids Market Size, by Type, 2021–2030 (USD Million)
Table 78 Spain: Carotenoids Market Size, by Application, 2021–2030 (USD Million)
Table 79 Rest of Europe: Carotenoids Market Size, by Type, 2021–2030 (USD Million)
Table 80 Rest of Europe: Carotenoids Market Size, by Form, 2021–2030 (USD Million)
Table 81 Rest of Europe: Carotenoids Market Size, by Source, 2021–2030 (USD Million)
Table 82 Rest of Europe: Natural Carotenoids Market Size, by Type, 2021–2030 (USD Million)
Table 83 Rest of Europe: Carotenoids Market Size, by Application, 2021–2030 (USD Million)
Table 84 Asia-Pacific: Carotenoids Market Size, by Country/Region, 2021–2030 (USD Million)
Table 85 Asia-Pacific: Carotenoids Market Size, by Type, 2021–2030 (USD Million)
Table 86 Asia-Pacific: Carotenoids Market Size, by Form, 2021–2030 (USD Million)
Table 87 Asia-Pacific: Carotenoids Market Size, by Source, 2021–2030 (USD Million)
Table 88 Asia-Pacific: Natural Carotenoids Market Size, by Type, 2021–2030 (USD Million)
Table 89 Asia-Pacific: Carotenoids Market Size, by Application, 2021–2030 (USD Million)
Table 90 China: Carotenoids Market Size, by Type, 2021–2030 (USD Million)
Table 91 China: Carotenoids Market Size, by Form, 2021–2030 (USD Million)
Table 92 China: Carotenoids Market Size, by Source, 2021–2030 (USD Million)
Table 93 China: Natural Carotenoids Market Size, by Type, 2021–2030 (USD Million)
Table 94 China: Carotenoids Market Size, by Application, 2021–2030 (USD Million)
Table 95 India: Carotenoids Market Size, by Type, 2021–2030 (USD Million)
Table 96 India: Carotenoids Market Size, by Form, 2021–2030 (USD Million)
Table 97 India: Carotenoids Market Size, by Source, 2021–2030 (USD Million)
Table 98 India: Natural Carotenoids Market Size, by Type, 2021–2030 (USD Million)
Table 99 India: Carotenoids Market Size, by Application, 2021–2030 (USD Million)
Table 100 Japan: Carotenoids Market Size, by Type, 2021–2030 (USD Million)
Table 101 Japan: Carotenoids Market Size, by Form, 2021–2030 (USD Million)
Table 102 Japan: Carotenoids Market Size, by Source, 2021–2030 (USD Million)
Table 103 Japan: Natural Carotenoids Market Size, by Type, 2021–2030 (USD Million)
Table 104 Japan: Carotenoids Market Size, by Application, 2021–2030 (USD Million)
Table 105 Australia: Carotenoids Market Size, by Type, 2021–2030 (USD Million)
Table 106 Australia: Carotenoids Market Size, by Form, 2021–2030 (USD Million)
Table 107 Australia: Carotenoids Market Size, by Source, 2021–2030 (USD Million)
Table 108 Australia: Natural Carotenoids Market Size, by Type, 2021–2030 (USD Million)
Table 109 Australia: Carotenoids Market Size, by Application, 2021–2030 (USD Million)
Table 110 Rest of Asia-Pacific: Carotenoids Market Size, by Type, 2021–2030 (USD Million)
Table 111 Rest of Asia-Pacific: Carotenoids Market Size, by Form, 2021–2030 (USD Million)
Table 112 Rest of Asia-Pacific: Carotenoids Market Size, by Source, 2021–2030 (USD Million)
Table 113 Rest of Asia-Pacific: Natural Carotenoids Market Size, by Type, 2021–2030 (USD Million)
Table 114 Rest of Asia-Pacific: Carotenoids Market Size, by Application, 2021–2030 (USD Million)
Table 115 Latin America: Carotenoids Market Size, by Country/Region, 2021–2030 (USD Million)
Table 116 Latin America: Carotenoids Market Size, by Type, 2021–2030 (USD Million)
Table 117 Latin America: Carotenoids Market Size, by Form, 2021–2030 (USD Million)
Table 118 Latin America: Carotenoids Market Size, by Source, 2021–2030 (USD Million)
Table 119 Latin America: Natural Carotenoids Market Size, by Type, 2021–2030 (USD Million)
Table 120 Latin America: Carotenoids Market Size, by Application, 2021–2030 (USD Million)
Table 121 Brazil: Carotenoids Market Size, by Type, 2021–2030 (USD Million)
Table 122 Brazil: Carotenoids Market Size, by Form, 2021–2030 (USD Million)
Table 123 Brazil: Carotenoids Market Size, by Source, 2021–2030 (USD Million)
Table 124 Brazil: Natural Carotenoids Market Size, by Type, 2021–2030 (USD Million)
Table 125 Brazil: Carotenoids Market Size, by Application, 2021–2030 (USD Million)
Table 126 Mexico: Carotenoids Market Size, by Type, 2021–2030 (USD Million)
Table 127 Mexico: Carotenoids Market Size, by Form, 2021–2030 (USD Million)
Table 128 Mexico: Carotenoids Market Size, by Source, 2021–2030 (USD Million)
Table 129 Mexico: Natural Carotenoids Market Size, by Type, 2021–2030 (USD Million)
Table 130 Mexico: Carotenoids Market Size, by Application, 2021–2030 (USD Million)
Table 131 Argentina: Carotenoids Market Size, by Type, 2021–2030 (USD Million)
Table 132 Argentina: Carotenoids Market Size, by Form, 2021–2030 (USD Million)
Table 133 Argentina: Carotenoids Market Size, by Source, 2021–2030 (USD Million)
Table 134 Argentina: Natural Carotenoids Market Size, by Type, 2021–2030 (USD Million)
Table 135 Argentina: Carotenoids Market Size, by Application, 2021–2030 (USD Million)
Table 136 Rest of Latin America: Carotenoids Market Size, by Type, 2021–2030 (USD Million)
Table 137 Rest of Latin America: Carotenoids Market Size, by Form, 2021–2030 (USD Million)
Table 138 Rest of Latin America: Carotenoids Market Size, by Source, 2021–2030 (USD Million)
Table 139 Rest of Latin America: Natural Carotenoids Market Size, by Type, 2021–2030 (USD Million)
Table 140 Rest of Latin America: Carotenoids Market Size, by Application, 2021–2030 (USD Million)
Table 141 Middle East & Africa: Carotenoids Market Size, by Type, 2021–2030 (USD Million)
Table 142 Middle East & Africa: Carotenoids Market Size, by Form, 2021–2030 (USD Million)
Table 143 Middle East & Africa: Carotenoids Market Size, by Source, 2021–2030 (USD Million)
Table 144 Middle East & Africa: Natural Carotenoids Market Size, by Type, 2021–2030 (USD Million)
Table 145 Middle East & Africa: Carotenoids Market Size, by Application, 2021–2030 (USD Million)
Table 146 Number of Developments by Major Players During 2020–2023
List of Figures
Figure 1 Market Ecosystem
Figure 2 Research Process
Figure 3 Key Secondary Sources
Figure 4 Primary Research Techniques
Figure 5 Key Executives Interviewed
Figure 6 Breakdown of Primary Interviews (Supply-Side & Demand-Side)
Figure 7 Market Size Estimation
Figure 8 In 2023, the Astaxanthin Segment is Expected to Account for the Largest Share
Figure 9 The Beadlets Segment to Register the Highest CAGR During 2023–2030
Figure 10 In 2023, the Synthetic Carotenoids Segment is Expected to Dominate the Market
Figure 11 In 2023, the Feed Segment is Expected to Dominate the Market
Figure 12 Asia-Pacific to be the Fastest-Growing Regional Market
Figure 13 Market Dynamics
Figure 14 Global Carotenoids Market Size, by Type, 2023 Vs. 2030 (USD Million)
Figure 15 Global Carotenoids Market Size, by Form, 2023 Vs. 2030 (USD Million)
Figure 16 Global Carotenoids Market Size, by Source, 2023 Vs. 2030 (USD Million)
Figure 17 Global Natural Sourced Carotenoids Market Size, by Type, 2023 Vs. 2030 (USD Million)
Figure 18 Global Carotenoids Market Size, by Application, 2023 Vs. 2030 (USD Million)
Figure 19 Global Carotenoids Market Size, by Region, 2023 Vs. 2030 (USD Million)
Figure 20 North America: Carotenoids Market Snapshot (2023)
Figure 21 Europe: Carotenoids Market Snapshot (2023)
Figure 22 Asia-Pacific: Carotenoids Market Snapshot (2023)
Figure 23 Latin America: Carotenoids Market Snapshot (2023)
Figure 24 Middle East & Africa: Carotenoids Market Snapshot (2023)
Figure 25 Key Growth Strategies Adopted by Leading Players (2020–2023)
Figure 26 Carotenoids Market: Competitive Benchmarking, by Type
Figure 27 Carotenoids Market Share Analysis, by Key Players, 2022 (%)
Figure 28 BASF SE: Financial Overview (2022)
Figure 29 Chr. Hansen Holding A/S: Financial Overview (2022)
Figure 30 Cyanotech Corporation: Financial Overview (2022)
Figure 31 Givaudan SA: Financial Overview (2022)
Figure 32 Deinove SA: Financial Overview (2022)
Figure 33 Divi's Laboratories Limited: Financial Overview (2022)
Figure 34 Koninklijke DSM N.V.: Financial Overview (2022)
Figure 35 Zhejiang NHU Co., Ltd.: Financial Overview (2022)
COVID-19
This report provides pre & post COVID-19 market estimates.