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Latin America Carotenoids Market By Source (Synthetic And Natural), By Type (Astaxanthin, Beta-Carotene, Canthaxanthin, Lutein, Lycopene, And Zeaxanthin), By Application (Supplements, Feed, Cosmetics, And Food), And By Country (Brazil, Mexico, Argentina, Chile and Rest of Latin America) – Size, Share, Trends, Growth, Forecast (2022 to 2027)

Published: January, 2022
ID: 2325
Pages: 145

Latin America Carotenoids Market Growth and Forecast (2022 - 2027):

Latin America Carotenoids Market had a market value of USD 0.16 billion in 2021 and is forecasted to exhibit a CAGR of 3.32% and reach USD 0.19 billion by 2026.

Market Overview:

The Carotenoids market is predicted to showcase huge potential in the forecasting period. The market has continued to gain momentum with the increase in the demand of people for carotenoids found in natural sources.

Carotenoids are class of plant pigments responsible for the bright red, orange and yellow hues in various fruits and vegetables. These are also important for maintenance of a plant’s health as well as human health on consumption of these fruits and vegetables. They assist plants in the process of photosynthesis by helping them in absorbing light energy and are thus the reason behind the colour of plants or the fruits & vegetables. They also act as antioxidants in plants as well as human body.

Drivers and Restraints:

The rise in the demand for natural colorants has been driving the growth of Latin America Carotenoids Market over the recent years. Other major factors responsible for the market growth include expanding end use applications, preventive healthcare and nutraceuticals, industrialization in sectors like pork, poultry and aquaculture. The market also faces some challenges and restraints. These include harmful effects of over dose of carotenoids, stringent government regulations and approval norms and lack of R&D in remote regions. These factors have been holding the market down from reaching its complete potential, and are required to be dealt with.

Latin America Carotenoids Market Segmntation Analysis:

The Latin America Carbohydrase market is broadly classified on the basis of type, source and application. The segmentation on the basis of type is done under Beta-Carotene, Astaxanthin, Lutein, Canthaxanthin, Lycopene, and Zeaxanthin. On the basis of source, the market is categorized into Synthetic and Natural. Lastly the segmentation is done on the basis of application under Cosmetics, Supplements, Feed, and Food.

Region Analysis:

Geographically the Latin America Carotenoids Market is segmented into Brazil, Mexico, Argentina, Chile and Rest of Latin America.

Key Players in the Market:

Major Key Players in the Latin America Carotenoids Market are

  • BASF SE
  • Chr. Hansen A/S
  • FMC Corporation
  • Royal DSM N.V
  • Cyanotech Corporation
  • Kemin Industries Inc
  • Döhler Group
  • Allied Biotech Corporation
  • D.D. Williamson & Co., Inc
  • Excelvite SDN
  • BHD

1.Introduction                                  

                1.1 Market Definition                    

                1.2 Study Deliverables                  

                1.3 Base Currency, Base Year and Forecast Periods   

                1.4 General Study Assumptions                

2. Research Methodology                                           

                2.1 Introduction                               

                2.2 Research Phases                      

                                2.2.1 Secondary Research           

                                2.2.2 Primary Research 

                                2.2.3 Econometric Modelling      

                                2.2.4 Expert Validation  

                2.3 Analysis Design                         

                2.4 Study Timeline                          

3. Overview                                       

                3.1 Executive Summary                

                3.2 Key Inferences                         

                3.3 Epidemology                              

4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)  

                4.1 Market Drivers                          

                4.2 Market Restraints                    

                4.3 Key Challenges                         

                4.4 Current Opportunities in the Market                              

5. Market Segmentation                                              

                5.1 Source                          

                                5.1.1 Introduction           

                                5.1.2 Synthetic 

                                5.1.3 Natural     

                                5.1.4  Y-o-Y Growth Analysis, By Source      

                                5.1.5  Market Attractiveness Analysis, By Source 

                                5.1.6  Market Share Analysis, By Source                

                5.2 Type                              

                                5.2.1 Introduction           

                                5.2.2 Astaxanthin            

                                5.2.3 Beta-Carotene      

                                5.2.4 Canthaxanthin       

                                5.2.5 Lutein        

                                5.2.6 Lycopene 

                                5.2.7 Zeaxanthin              

                                5.2.8 Y-o-Y Growth Analysis, By Type     

                                5.2.9 Market Attractiveness Analysis, By Type   

                                5.2.10 Market Share Analysis, By Type   

                5.3 Application                 

                                5.3.1 Introduction           

                                5.3.2 Supplements         

                                5.3.3 Feed          

                                5.3.4 Cosmetics

                                5.3.5 Food          

                                5.3.6 Other Applications               

                                5.3.7 Y-o-Y Growth Analysis, By Application         

                                5.3.8  Market Attractiveness Analysis, By Application 

                                5.3.9  Market Share Analysis, By Application       

6. Geographical Analysis                                              

                6.1 Introduction                               

                                6.1.1 Regional Trends    

                                6.1.2 Impact Analysis     

                                6.1.3 Y-o-Y Growth Analysis        

                                                6.1.3.1 By Geographical Area

                                                6.1.3.2 By Source

                                                6.1.3.3 By Type

                                                6.1.3.4 By Application

                                6.1.4  Market Attractiveness Analysis     

                                                6.1.4.1 By Geographical Area

                                                6.1.4.2 By Source

                                                6.1.4.3 By Type

                                                6.1.4.4 By Application

                                6.1.5  Market Share Analysis      

                                                6.1.5.1 By Geographical Area

                                                6.1.5.2 By Source

                                                6.1.5.3 By Type

                                                6.1.5.4 By Application

                6.2 Brazil                             

                6.3 Mexico                         

                6.4 Rest of Latin America                             

7.Strategic Analysis                                        

                7.1 PESTLE analysis                         

                                7.1.1 Political     

                                7.1.2 Economic 

                                7.1.3 Social         

                                7.1.4 Technological         

                                7.1.5 Legal          

                                7.1.6 Environmental       

                7.2 Porter’s Five analysis                              

                                7.2.1 Bargaining Power of Suppliers        

                                7.2.2 Bargaining Power of Consumers    

                                7.2.3 Threat of New Entrants     

                                7.2.4 Threat of Substitute Products and Services  

                                7.2.5 Competitive Rivalry within the Industry     

8.Market Leaders' Analysis                                         

                8.1 BASF SE                        

                                8.1.1 Overview 

                                8.1.2 Product Analysis   

                                8.1.3 Financial analysis  

                                8.1.4 Recent Developments       

                                8.1.5 SWOT analysis       

                                8.1.6 Analyst View          

                8.2 Royal DSM N.V.                        

                8.3 Chr. Hansen A/S                       

                8.4 FMC Corporation                     

                8.5 Cyanotech Corporation                         

                8.6 Kemin Industries Inc                               

                8.7 D.D. Williamson & Co Inc                       

                8.8 Dohler Group                            

                8.9 Allied Biotech Corporation                   

                8.10 Excelvite SDN. BHD                               

9.Competitive Landscape                                            

                9.1 Market share analysis                            

                9.2 Merger and Acquisition Analysis                       

                9.3 Agreements, collaborations and Joint Ventures 

                9.4 New Product Launches                         

10.Market Outlook and Investment Opportunities             

Appendix                                           

                a) List of Tables                

                b) List of Figures                              

 

  1. Latin America Carotenoids Market By Source, From 2022 - 2027 ( USD billion )
  2. Latin America Synthetic Market By Region, From 2022 - 2027 ( USD billion )
  3. Latin America Natural Market By Region, From 2022 - 2027 ( USD billion )
  4. Latin America Carotenoids Market By Type, From 2022 - 2027 ( USD billion )
  5. Latin America Astaxanthin Market By Region, From 2022 - 2027 ( USD billion )
  6. Latin America Beta-Carotene Market By Region, From 2022 - 2027 ( USD billion )
  7. Latin America Canthaxanthin Market By Region, From 2022 - 2027 ( USD billion )
  8. Latin America Lutein Market By Region, From 2022 - 2027 ( USD billion )
  9. Latin America Lycopene Market By Region, From 2022 - 2027 ( USD billion )
  10. Latin America Zeaxanthin Market By Region, From 2022 - 2027 ( USD billion )
  11. Latin America Carotenoids Market By Application, From 2022 - 2027 ( USD billion )
  12. Latin America Supplements Market By Region, From 2022 - 2027 ( USD billion )
  13. Latin America Feed Market By Region, From 2022 - 2027 ( USD billion )
  14. Latin America Cosmetics Market By Region, From 2022 - 2027 ( USD billion )
  15. Latin America Food Market By Region, From 2022 - 2027 ( USD billion )
  16. Brazil Carotenoids Market By Source, From 2022 - 2027 ( USD billion )
  17. Brazil Carotenoids Market By Type, From 2022 - 2027 ( USD billion )
  18. Brazil Carotenoids Market By Application, From 2022 - 2027 ( USD billion )
  19. Argentina Carotenoids Market By Source, From 2022 - 2027 ( USD billion )
  20. Argentina Carotenoids Market By Type, From 2022 - 2027 ( USD billion )
  21. Argentina Carotenoids Market By Application, From 2022 - 2027 ( USD billion )
  22. Mexico Carotenoids Market By Source, From 2022 - 2027 ( USD billion )
  23. Mexico Carotenoids Market By Type, From 2022 - 2027 ( USD billion )
  24. Mexico Carotenoids Market By Application, From 2022 - 2027 ( USD billion )
  25. Rest of Latin America Carotenoids Market By Source, From 2022 - 2027 ( USD billion )
  26. Rest of Latin America Carotenoids Market By Type, From 2022 - 2027 ( USD billion )
  27. Rest of Latin America Carotenoids Market By Application, From 2022 - 2027 ( USD billion )
  28.  

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