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Pulished Date April, 2021
ID: 2326
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Middle East And Africa 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 (KSA, UAE, Israel, rest of GCC countries, South Africa, Ethiopia, Kenya, Egypt, Sudan and Rest of MEA) – Size, Share, Trends, Growth, Forecast (2021-2026)

Pulished: April, 2021
ID: 2326
Pages: 145

Middle East and Africa Carotenoids Market Growth and Forecast (2021-2026):

Middle East and Africa Carotenoids Market is estimated to reach USD 0.13 billion by 2026 from a market value of USD 0.11 billion in 2021 at a CAGR of 3.22%. The Carotenoids market is showcasing significant potential over the mentioned forecast period. The market continues to build up momentum with the ever rising demand of the people for naturally obtained carotenoids.

Market Overview:

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 increase in the demand for natural colorants have been the major reason for the growth of the market of carotenoids over the recent years. Other key factors driving the market growth are expanding end user applications, preventive healthcare and nutraceuticals, industrialization in sectors like poultry, pork, and aquaculture. The market has also been facing some challenges & restraints. These include lack of R&D in remote regions, harmful effects of high dose of carotenoids, as well as stringent government regulations and approval norms. These factors are responsible for holding the market back from its full potential, and are needed to be dealt with.

Middle East and Africa Carotenoids Market Segmentation Analysis:

The Middle East & Africa Carbohydrase market is segmented based on type, application and source. The market is segmented on the basis of type under Beta-Carotene, Astaxanthin, Canthaxanthin, Lutein, Zeaxanthin, Lycopene. On the basis of source the market is divided into Synthetic and Natural. Based on application, the segmentation is done under Supplements, Food, Feed, Cosmetics.

Region Analysis:

Geographically the Middle East and Africa Carotenoids Market is segmented into KSA, UAE, Israel, rest of GCC countries, South Africa, Ethiopia, Kenya, Egypt, Sudan and Rest of MEA.

Key Players in the Market:

Major key Players in the MEA Carotenoids Market are

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

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 Middle-East                                

                6.3 Africa                            

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                              

 

  • Global, regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
  • The Segment-level analysis in terms of By Source, Type, Application and along with market size forecasts and estimations to detect key areas of industry growth in detail
  • Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
  • Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
  • Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analysing the level of competition and business strategy development
  • A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
  • Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
  • An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
  • Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market

 

 

  1. Middle East & Africa Carotenoids Market By Source, From 2021-2026 ( USD Million )
  2. Middle East & Africa Synthetic Market By Region, From 2021-2026 ( USD Million )
  3. Middle East & Africa Natural Market By Region, From 2021-2026 ( USD Million )
  4. Middle East & Africa Carotenoids Market By Type, From 2021-2026 ( USD Million )
  5. Middle East & Africa Astaxanthin Market By Region, From 2021-2026 ( USD Million )
  6. Middle East & Africa Beta-Carotene Market By Region, From 2021-2026 ( USD Million )
  7. Middle East & Africa Canthaxanthin Market By Region, From 2021-2026 ( USD Million )
  8. Middle East & Africa Lutein Market By Region, From 2021-2026 ( USD Million )
  9. Middle East & Africa Lycopene Market By Region, From 2021-2026 ( USD Million )
  10. Middle East & Africa Zeaxanthin Market By Region, From 2021-2026 ( USD Million )
  11. Middle East & Africa Carotenoids Market By Application, From 2021-2026 ( USD Million )
  12. Middle East & Africa Supplements Market By Region, From 2021-2026 ( USD Million )
  13. Middle East & Africa Feed Market By Region, From 2021-2026 ( USD Million )
  14. Middle East & Africa Cosmetics Market By Region, From 2021-2026 ( USD Million )
  15. Middle East & Africa Food Market By Region, From 2021-2026 ( USD Million )
  16. Middle East Carotenoids Market By Source, From 2021-2026 ( USD Million )
  17. Middle East Carotenoids Market By Type, From 2021-2026 ( USD Million )
  18. Middle East Carotenoids Market By Application, From 2021-2026 ( USD Million )
  19. Africa Carotenoids Market By Source, From 2021-2026 ( USD Million )
  20. Africa Carotenoids Market By Type, From 2021-2026 ( USD Million )
  21. Africa Carotenoids Market By Application, From 2021-2026 ( USD Million )

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