Carotenoid Market – Forecast (2022-2027)

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Carotenoid Market Market size, Industry
outlook, Market Forecast, Demand Analysis, Market
Share, Market Report 2022-2027
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• Carotenoid Market size is estimated to be US1.8
  billion in 2027 and is forecasted to grow at a
  CAGR of 4.1 during 2022-2027.
• Carotenoids are one of the most popular coloring
  agents found naturally in plants, algae, and
  bacteria. Carotenoids help to enhance the overall
  aesthetics of food products by garnishing them
  attractively.
• The wide application of carotenoid products in
  all food and non-food sectors is expected to
  provide future market growth opportunities.
• In addition, the various health benefits
  associated with the consumption of foods
  containing tetraterpenoids, beta carotene.

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• Key Takeaways
• The carotenoid Market has great growth potential.
  A major factor in its market growth is the
  increased application of carotenoids in the food
  and beverages, cosmetics, and animal feed
  industry.
• The effect of COVID-19 on the end-user industries
  has affected the carotenoid Market negatively.
  Also, increased concerns for the environment
  coupled with stringent government regulations
  have hurdled the market in the foreseen period.
• The carotenoid Market is fragmented in nature due
  to the presence of international and regional
  players.

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Carotenoid Market Segment Analysis By
Geography Currently, Europe is the largest
market is expected to capture the market better
further in the forecasted time. The food
beverages and cosmetics industry are among the
most popular food coloring agents in European
markets. The presence of a large and higher
number of food processing plants and a
well-established personal care and cosmetics
industry in the region is at the forefront of the
market growth of carotenoids industry. For an
instance, the total revenue for the food industry
in Germany was valued to be US172.32 Billion in
2018 and has reached US179.63 Billion in 2020.
the data depicts that the increasing consumption
of food and beverages is expected to be an
opportunity for the carotenoid industry in the
region
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• Carotenoid Industry Outlook
• Alga Technologies Ltd
• BASF SE
• Kemin Industries
• Lycored Limited
• Cyanotech Corporation
• Fuji Chemical Industry Co Ltd.
• Novus International
• DDW The Color House
• Dohler Group
• Allied Biotech Corporation

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Carotenoid Market Forecast (
2022-2027) Learn More About the Report _at_
https//www.industryarc.com/Research/Global-Carot
inoid-Market-Research-511607
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• You Can Customize the Report as Per Your Need.
  We have included Some Customization Options
• Company Profile
• Analyst Briefing
• Data Tables
• Key Contacts
• Free Customization
• Purchase Full Report _at_ https//www.industryarc.com
  /purchasereport.php?id511607

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