North America Carotenoids Market

North America Carotenoids Market Size

The North American carotenoids market size was calculated to be USD 0.58 billion in 2024 and is anticipated to be worth USD 0.84 billion by 2033, from USD 0.60 billion in 2025, growing at a CAGR of 4.27% during the forecast period. The Carotenoids market is forecasted to show great potential over the mentioned period. The market has continued to gain momentum with the shooting high demand for the natural sourced carotenoids in the market.

Carotenoids are a class of plant pigments responsible for the bright red, orange, and yellow hues in various fruits and vegetables. These are also important for the 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 absorb light energy and are thus the reason behind the color of plants or fruits & vegetables. They also act as antioxidants in plants as well as the human body.

Market Drivers 

The rising demand for natural colorants have been a key factor behind the growth of the market of carotenoids in the recent years. Other important factors driving the market growth are expanding end user applications, industrialization in sectors like poultry, pork, and aquaculture, preventive nutraceuticals and healthcare.

Market Restraints

The market has also been facing few restraints and challenges. These include lack of R&D in remote regions, harmful effects of high dose of carotenoids, and stringent government regulations as well as approval norms. These factors are responsible for holding back the market from reaching its actual potential, and are thus required to be dealt with.

Segmental Analysis

North America Carotenoids Market By Source

• Synthetic
• Natural

North America Carotenoids Market By Type

• Beta-Carotene
• Canthaxanthin
• Astaxanthin
• Lycopene
• Lutein
• Zeaxanthin

North America Carotenoids Market By Application

• Supplements
• Cosmetics
• Feed
• Food

North America Carotenoids Market By Region

• US
• Canada
• Mexico
• Rest of North America

Key Players in the Market

Major Key Players in the North American carotenoids Market are BASF SE, Chr. Hansen A/S, FMC Corporation, Royal DSM N.V., Cyanotech Corporation, D.D. Williamson & Co., Inc.c, Döhler Group, Kemin IndustrieInc.NC, Allied Biotech Corporation, and Excelvite SDN. BHD