Carotenoids In Human Nutrition Market Trends

Global Carotenoids In Human Nutrition Market size was valued at USD 4.0 billion in 2023 and is poised to grow from USD 4.28 billion in 2024 to USD 7.42 billion by 2032, growing at a CAGR of 7.1% during the forecast period (2025-2032).

To stay ahead of their industry rivals in a continuously changing business and competitive landscape, companies must keep up with continuing market trends. To do this, global carotenoids producers are taking aggressive initiatives to increase their commercial reach. They are concentrating on developing new marketing techniques, technical advancements, and mergers and acquisitions. 'Koninklijke DSM N.V. (Netherlands)', 'BASF SE (Germany) ', 'Givaudan SA (Switzerland) ', 'Divi's Laboratories Limited (India) ', 'Sensient Technologies Corporation (USA) ', 'Döhler GmbH (Germany) ', 'Lycored (Israel) ', 'Kemin Industries, Inc. (USA) ', 'Cyanotech Corporation (USA) ', 'Allied Biotech Corporation (Taiwan) ', 'EID Parry (India) Limited (India) ', 'Fuji Chemical Industries Co., Ltd. (Japan) ', 'EW Nutrition GmbH (Germany) ', 'ExcelVite Sdn Bhd (Malaysia) ', 'Farbest Brands (USA) ', 'Chr. Hansen Holding A/S (Denmark) ', 'Algatech Ltd. (Israel) ', 'Overseal Natural Ingredients Ltd. (UK) ', 'Pharmline Marketing PTE LTD (Singapore) ', 'Mera Pharma GmbH (Germany)'

Synthetic carotenoids including -carotene, -carotene, lutein, zeaxanthin, lycopene, and -cryptoxanthin are widely utilised in dietary supplements, particularly in North America. However, there is a rising need for naturally derived carotenoids in the pharmaceutical business, and chances to develop in high-growth prospective markets are projected to raise worldwide carotenoids demand.

Recent findings of carotenoids' health-related advantages are leading to an increased usage of carotenoids as nutraceuticals in the pharmaceutical and cosmetics industries. The synthetic source of carotenoids is expected to gain traction in the future years.

North America held the largest carotenoids in the human nutrition market share  in 2021 and is expected to retain its dominance during the forecast period due to the presence of developed economies such as the United States and Canada. Because of developing countries with large populations, such as China, India, and Japan, the Asia Pacific region has emerged as the fastest expanding market. Europe is the second biggest area for the human nutrition industry, thanks to consumer-conscious nations such as Italy, Germany, Spain, the United Kingdom, and France.