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North 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 (US, Canada and Rest of North America) - Growth, Size, Share, Trends, and Forecasts (2022 to 2027)

Published: January, 2022
ID: 2322
Pages: 145

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

North America Carotenoids Market is expected to reach USD 0.37 billion by 2026 from USD 0.31 billion in 2021, growing at a CAGR of 3.65%. 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.

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 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. 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.

North America Carotenoids Market Segmentation Analysis:

The North America Carbohydrase market is segmented by source, type and application. On the basis of segmentation by source, the segments are Synthetic and Natural. The market segmentation based on type is done into Beta-Carotene, Canthaxanthin, Astaxanthin, Lycopene, Lutein, Zeaxanthin. Based on segmentation by application the market is categorized into Supplements, Cosmetics, Feed, Food.

Region Analysis:

Geographically the North America Carotenoids Market is segmented into US, Canada, Mexico and Rest of North America.

Key Players in the Market:

Major Key Players in the North America Carotenoids Market are

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

                6.3 Canada                         

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. North America Carotenoids Market By Source, From 2022 - 2027 ( USD billion )
  2. North America Synthetic Market By Region, From 2022 - 2027 ( USD billion )
  3. North America Natural Market By Region, From 2022 - 2027 ( USD billion )
  4. North America Carotenoids Market By Type, From 2022 - 2027 ( USD billion )
  5. North America Astaxanthin Market By Region, From 2022 - 2027 ( USD billion )
  6. North America Beta-Carotene Market By Region, From 2022 - 2027 ( USD billion )
  7. North America Canthaxanthin Market By Region, From 2022 - 2027 ( USD billion )
  8. North America Lutein Market By Region, From 2022 - 2027 ( USD billion )
  9. North America Lycopene Market By Region, From 2022 - 2027 ( USD billion )
  10. North America Zeaxanthin Market By Region, From 2022 - 2027 ( USD billion )
  11. North America Carotenoids Market By Application, From 2022 - 2027 ( USD billion )
  12. North America Supplements Market By Region, From 2022 - 2027 ( USD billion )
  13. North America Feed Market By Region, From 2022 - 2027 ( USD billion )
  14. North America Cosmetics Market By Region, From 2022 - 2027 ( USD billion )
  15. North America Food Market By Region, From 2022 - 2027 ( USD billion )
  16. United States Carotenoids Market By Source, From 2022 - 2027 ( USD billion )
  17. United States Carotenoids Market By Type, From 2022 - 2027 ( USD billion )
  18. United States Carotenoids Market By Application, From 2022 - 2027 ( USD billion )
  19. Canada Carotenoids Market By Source, From 2022 - 2027 ( USD billion )
  20. Canada Carotenoids Market By Type, From 2022 - 2027 ( USD billion )
  21. Canada Carotenoids Market By Application, From 2022 - 2027 ( USD billion )

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