Carotenoids In Human Nutrition Market Size

SkyQuest Technology's Carotenoids in human nutrition market size, share and forecast Report is based on the analysis of market data and Industry trends impacting the global Carotenoids In Human Nutrition Market and the revenue of top companies operating in it. Market Size Data and Statistics are based on the comprehensive research by our Team of Analysts and Industry experts.

Carotenoids In Human Nutrition Market Insights

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).

In terms of volume, the carotenoids in human nutrition market is projected to reach 0.1 million tons in 2019 at a CAGR of 5.98%. The industry is gaining traction, thanks to rising demand for carotenoids derived from natural sources. During the forecast period, it is expected to expand at the fastest CAGR in the carotenoids market.

This is due to a growing understanding of the potential advantages of carotenoids in avoiding heart disease, cancer, and treating eye illnesses such as Alzheimer's disease, Parkinson's disease, and macular degeneration. Furthermore, carotenoids have excellent antioxidant qualities and aid in the slowing of the ageing process. These advantages have made carotenoids a popular choice among consumers and food business participants. Furthermore, as consumer concern about the use of synthetic substances in food grows, customers throughout the world are demanding clean-label products. This has increased the need for natural colourants in the food sector, and carotenoids, a red pigment, are now commonly used in the meat industry to colour items such as salmon, trout, and other meat and seafood products.

US Carotenoids In Human Nutrition Market is poised to grow at a sustainable CAGR for the next forecast year.

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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.

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Global Carotenoids in Human Nutrition Market
Carotenoids In Human Nutrition Market

Report ID: SQSG30I2032

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