Carotenoids Market Growth of 3.5% CAGR to 2020 Driven by Tremendous Health Benefits, Increasing End-Use Applications and Easy Availability of Carotenoids

PUNE, India, September 2, 2015 /PRNewswire/ --

The 2015 carotenoids market report segmented on the basis of application, source, and type, covering data and information on their size, forecasts a value of $1,428.12 Million by 2019 for the worldwide carotenoids industry.

Complete report on carotenoids market spread across 170 pages, profiling 10 companies and supported with 88 tables and 66 figures is now available at http://www.reportsnreports.com/reports/344584-carotenoids-market-by-type-astaxanthin-beta-carotene-canthaxanthin-lutein-lycopene-zeaxanthin-source-synthetic-and-natural-application-supplements-food-feed-and-cosmetics-by-region-global-trends-forecasts-to-2019.html .

Carotenoids are classified into beta-carotene, lutein, lycopene, astaxanthin, zeaxanthin, canthaxanthin and others (including annatto, capsanthin, fucoxanthin, and trans-â-apo-8'-carotenal). Beta-carotene dominated the carotenoids market, having contributed around 24% share in 2013. The synthetic segment holds the key share in carotenoids market; however natural carotenoids tend to gain popularity in next five years due to consumers' increasing preference for natural goods and increasing health awareness. The key application of carotenoids is in feed, followed by supplements, food, and cosmetics. The carotenoids market is highly fragmented with the key market players driving the growth with agreements, expansions, acquisitions and new product launches develop its position in the carotenoids market. The market is competitive with leading players being involved in the research & development of new carotenoids products and its application. The market caters to the applications such as supplements, food, feed, and cosmetics.

Geographically, carotenoids market is led by Europe followed by North America. The U.S. carotenoids market not only dominates North America but also the global market. Asia-Pacific is projected to be the fastest-growing carotenoids market globally for the period under consideration. The market is projected to grow significantly at a CAGR of 3.69% during 2014 to 2019. Brazil is the major market in the Latin American region owing to increasing population, health awareness, and increasing expenditure on the cosmetics. Within the competitive landscape of carotenoids market, major players such as DSM N.V. (the Netherlands) and BASF SE (Germany) collectively accounted for more than half of the global carotenoids market and are mainly focusing to strengthen their product range.

Complete list of carotenoids market companies profiled in this research include Allied Biotech Corporation, BASF SE, Carotech Berhad, CHR. Hansen A/S, Cyanotech Corporation, D.D. Williamson & Co., Inc., Dohler Group, DSM N.V., FMC Corporation and Kemin Industries, Inc. Order a copy of Carotenoids Market by Type (Astaxanthin, Beta-Carotene, Canthaxanthin, Lutein, Lycopene, & Zeaxanthin), Source (Synthetic and Natural), Application (Supplements, Food, Feed, and Cosmetics), & by Region - Global Trends & Forecasts to 2019 research report at http://www.reportsnreports.com/Purchase.aspx?name=344584 .

The second carotenoids market research titled Global Carotenoids Industry Report 2015 is spread across 166 pages, analyzes 10 companies and is supported with 190 tables and figures. This report provides a basic overview of the industry including definitions, classifications, applications and industry chain structure. The carotenoids market analysis is provided for the international markets including development trends, competitive landscape analysis, and key regions development status. Development policies and plans are discussed as well as manufacturing processes and cost structures are also analyzed. This report also states import/export consumption, supply and demand Figures, cost, price, revenue and gross margins.

This carotenoids market report focuses on global major leading industry players providing information such as company profiles, product picture and specification, capacity, production, price, cost, revenue and contact information. Upstream raw materials and equipment and downstream demand analysis is also carried out. The carotenoids market development trends and marketing channels are analyzed. Finally the feasibility of new investment projects are assessed and overall research conclusions offered.

List of companies profiled and analyzed in this carotenoids market research include FMC Corporation, Kemin Industries, Inc., DSM N.V., Dohler Group, D.D. Williamson & Co., Inc., Cyanotech Corporation, Carotech Berhad, CHR. Hansen A/S, BASF SE and Allied Biotech Corporation. 2015-2020 development trends provided in this research include capacity and production overview of carotenoids, production market share analysis, sales overview, supply, sales, and shortage, import, export and consumption as well as cost, price, revenue and gross margin of carotenoids. Order a copy of this 2015 carotenoids market report at http://www.reportsnreports.com/Purchase.aspx?name=409550 .

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