(Food-Beverage-News.Com, April 22, 2017 ) According to Publisher, the Global Carotenoids market is accounted for $1.23 billion in 2015 and is expected to reach $1.81 billion by 2022 growing at a CAGR of 5.6%. Increasing demand for natural colorants, physical condition benefits, rising end-user applications and management promotions are the major factors driving the market growth. The factors that are restraining the market are stringent government policies, lack of awareness in emerging countries and over usage of carotenoids. Lack of awareness about cancer symptoms and adulteration are the major challenges faced by the market.
Asia Pacific market is expected to dominate the trend during the forecast period on account of increasing utilization of animal feed and food supplement. The technological advancements, economic rise, industrial growth, and low production costs in several countries, such as Japan, China, and India are also projected to fuel the Asia Pacific region. Based on application the food and beverages industry is expected to witness significant growth in the upcoming period due to increase in demand for functional and fortified foods.
The key players in the market include FMC Corporation, Chr. Hansen A/S, Kemin Industries, Inc., Allied Biotech Corporation, Cyanotech Corporation, Carotech Berhad, Döhler Group, BASF SE, D.D. Williamson & Co., Inc, Koninklijke DSM N.V., ExcelVite Sdn. Bhd., Brenntag AG, DSM Nutritional Products, Divis Laboratories, Naturex SA, Lycored Ltd, Algatechnologies, Ltd., DDW The Color House, ZMC, AquaCarotene Ltd., Chlostanin Nikken Nature Co. Limited, Doehler Group SE, EID Parry Ltd., Farbest Brands, Guangzhou Leader Bio-Technology Co., Ltd, Muradel Pty Ltd., Novus International, Inc, PAT Vitamins Inc., Seambiotic Ltd, Sensient Technologies Corporation and Valensa International LLC.
Method of Productions Covered: - Chemical Synthesis - Extraction from Botanical Material - Fermentation - Algae Route
Regions Covered: - North America US Canada Mexico - Europe Germany France Italy UK Spain Rest of Europe - Asia Pacific Japan China India Australia New Zealand Rest of Asia Pacific - Rest of the World Middle East Brazil Argentina South Africa Egypt
Company Profiling 12.1 FMC Corporation 12.2 Chr. Hansen A/S 12.3 Kemin Industries, Inc. 12.4 Allied Biotech Corporation 12.5 Cyanotech Corporation 12.6 Carotech Berhad 12.7 Döhler Group 12.8 BASF SE 12.9 D.D. Williamson & Co., Inc 12.10 Koninklijke DSM N.V., 12.11 ExcelVite Sdn. Bhd. 12.12 Brenntag AG 12.13 DSM Nutritional Products 12.14 Divis Laboratories 12.15 Naturex SA 12.16 Lycored Ltd 12.17 Algatechnologies, Ltd., 12.18 DDW, The Color House 12.19 ZMC 12.20 AquaCarotene Ltd. 12.21 Chlostanin Nikken Nature Co. Limited 12.21 Doehler Group SE 12.22 EID Parry Ltd. 12.23 Farbest Brands 12.24 Guangzhou Leader Bio-Technology Co., Ltd 12.25 Muradel Pty Ltd. 12.26 Novus International, Inc 12.27 PAT Vitamins Inc. 12.28 Seambiotic Ltd 12.29 Sensient Technologies Corporation 12.30 Valensa International LLC
