Asia Pacific Apocarotenal Market

Asia Pacific Apocarotenal Market  Size and Growth Analysis:

Asia Pacific Apocarotenal Market was worth USD xx billion in 2021 and is estimated to be growing at a CAGR of xx%, to reach USD xx billion by 2027.

Asia Pacific Apocarotenal Market Overview:

Apocarotenal is a carotenoid found in spinach and citrus fruits. A carotenoid is an organic pigment that are produced by plants and algae, as well as several bacteria and fungi. Similar to other carotenoids, apocarotenal plays a role as a precursor of vitamin A, even though it has 50% less pro-vitamin A activity than β-carotene. Apocarotenal has an orange or orange-red colour. It is used in foods, pharmaceuticals and cosmetics. On the basis of product forms, apocarotenal is used in fat-based food such as margarine, sauces, salad dressing, beverages, dairy products and sweets. However, people with high β-carotene and high plasma levels of β-carotene have a significantly reduced risk of lung cancer. It is approved for usage as a food additive in the Asia Pacific and Asia Pacific countries.

Rising health awareness, rich source of vitamin A, increase in chronic diseases like cancer, rise in fat-based foods and dairy products, increase in disposable income, rise in usage of food additives, packing innovations and favourable government policies are driving the Asia Pacific Apocarotenal Market. However, factors like lack of awareness, stringent rules and unstable economies in some countries are hindering the growth of the market.

Asia Pacific Apocarotenal Market Segmentation:

The Asia Pacific Apocarotenal market was segmented on the basis of

• product

• end-user

On the basis of product, the market is segmented into

• powder

• oil solution

• oil suspension

• emulsion

Depending on the end-user

• Food & beverages

• Pharmaceuticals

• Cosmetics

Asia Pacific Apocarotenal Market geographical Analysis

•  China

• India

• Japan

• South Korea

• Australia

Factors such as growing demographics and emerging economies in countries such as India and China are anticipated to lead the growth of the market in this region.

Asia Pacific Apocarotenal Market Key players:

1. DSM

2. D.D. Williamson

3. Allied Biotech

4. Divis Laboratories

5. Ingredients Inc