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Pulished Date April, 2021
ID: 2322
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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 (2021-2026)

Pulished: April, 2021
ID: 2322
Pages: 145

North America Carotenoids Market Growth and Forecast (2021-2026):

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

  • 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


                1.1 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        

                                       By Geographical Area

                                       By Source

                                       By Type

                                       By Application

                                6.1.4  Market Attractiveness Analysis     

                                       By Geographical Area

                                       By Source

                                       By Type

                                       By Application

                                6.1.5  Market Share Analysis      

                                       By Geographical Area

                                       By Source

                                       By Type

                                       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  


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

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