Middle East and Africa Apocarotenal Market was worth USD xx billion in 2022 and estimated to be growing at a CAGR of xx%, to reach USD xx billion by 2027
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 Middle East and Africa and Middle-East and African 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 Middle East and Africa Apocarotenal Market. However, factors like lack of awareness, stringent rules and unstable economies in some countries are hindering the growth of the market.
The Middle-East and Africa Apocarotenal Market was segmented on the
basis of
product
end-user
On the basis of product,
powder
oil solution
oil suspension
emulsion
Depending on the end-user, the market is segmented into
Food & beverages
Pharmaceuticals
Cosmetics
Food & beverage sector is expected to grow at a significant pace in the future years. Favourable regulations are part affecting their demand in the market to some extent. The market has been geographically segmented into the Middle East and Africa. The market is growing slowly because of many problems the region faces, in terms of battles and also, the unstable economy. However, countries like the USA, China and UK are investing in the region and this increased financial revenue will aid the agriculture sectors in this region.
DSM
Williamson
Allied Biotech
Divis Laboratories
Ingredients Inc
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