Global Xanthophy and Carotene Market, By Type (Xanthophy and Carotene), By Application (Food and Beverages, Feed Supplement, Cosmetic Additives, Drug and Health Products, and Others), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis, and Forecast till 2029

Report Code: PMI442420 | Publish Date: December 2023 | No. of Pages: 145

Global Xanthophy And Carotene Market Overview

Caretinoid (carotenes and xanthophylls) owe their antioxidant activity to multiple conjugated bonds. It has been found that the more conjugated the π bonds, the higher the antioxidant activity of these tetraterpene compounds. Carotenoids play an important role in the protection of photosystems, as these long conjugated polyene systems can easily dissipate the energy excess. The scavenging ability of caretenoids is additionally modified by structural effects and the presence of different groups on the terminal rings. Carotenoids also act as antioxidants in the human body. They have strong cancer-fighting properties, according to the Physicians Committee for Responsible Medicine. Some carotenoids are converted by the body to vitamin A, which is essential to vision and normal growth and development. Carotenoids also have anti-inflammatory and immune system benefits and are sometimes associated with cardiovascular disease prevention. The difference between the two groups is chemical: xanthophylls contain oxygen, while carotenes are hydrocarbons and do not contain oxygen. Also, the two absorb different wavelengths of light during a plant's photosynthesis process, so xanthophylls are more yellow while carotenes are orange.

Impact of COVID-19 on the market

Biopharmaceutical firms are at the leading position of the human response to the coronavirus pandemic. A significant number of foremost biotech organizations are in the middle of a race to examine the Sars-Cov-2 genome and formulate a viable vaccine for the same. As compared to the speed of response to SARS/MERs etc, the biotech entities are investigating SARs-Cov-2 at an unprecedented rate and a significant amount of funds are being put into the R&D. With the several candidates in trial, the public and private sectors are expected to work in unison for the estimative period, until a vaccine is developed for Covid-19. This report will quantify the impact of this pandemic on the xanthophy and carotene market.

Global Xanthophy And Carotene Market Dynamics

Organic and Inorganic Growth Strategies

Various companies are focusing on organic growth strategies such as product launches, product approval and others such as patents and events. Inorganic growth strategies activities witnessed in market were acquisitions, and partnerships and collaborations. These activities have paved way for the expansion of business and customer base of market players. Awareness regarding the benefits of organic food consumption has increased, owing to the associated positive impacts on health, lifestyle, social convenience, and greater contribution in sustainable development. 

Growing Demand for Natural Coloring

The purchase interest of the buyer increases as brands claims the use of natural colors, as consumers are demanding greater transparency in their food and beverage. Consumers perceive positive image about the brand when the label claims fruit and vegetable juices and concentrates as colorings listed on the ingredient declaration. Carotenoids, such as lycopene in tomatoes and beta-carotene in carrots produce a range of colors from yellow to red, and anthocyanins, such as grape skin extract give fruits and vegetables their red, blue, and purple colors. This increased awareness and application of naturally derived colors from sources, such as tomato and carrot, are driving the carotenoid market.

Treatment of Vitamin A deficiency

Vitamin A (retinoic acid) is an important nutrient essential for vision, cell division, growth, immunity, and reproduction. It also has antioxidant properties that prevent the body cells against the toxic effects of free radicals produced during cellular metabolism. Vitamin A deficiency leads to vision impairments such as xerophthalmia and night blindness, impairs the immunity as well as hematopoiesis, and may cause rashes on the skin.

However, technological advancement product is projected to hamper the overall growth of the global xanthophy and carotene market during the forecast period.

Global Xanthophy And Carotene Market Segmentation

Disclaimer: This data is only a representation. Actual data may vary and will be available in the report.

The global xanthophy and carotene market is segmented based on the type, application and region.

On the basis of type, the global xanthophy and carotene market is segmented into xanthophy, carotene. Based on the application, the target market is classified into food and beverages, feed supplement, cosmetic additives, drug and health products, others.

Regional Insights:

Disclaimer: This data is only a representation. Actual data may vary and will be available in the report.

In the region, the global xanthophy and carotene market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Asia-Pacific is an emerging market, as an increasing number of consumers are adopting preventive measures in the form of health supplements to prevent diseases. Changes in lifestyle and food consumption among consumers have also led to the growth of the carotenoid market in the Asia-Pacific region. Owing to a rise in the pharmaceutical and energy industries, South America has also shown significant growth. North America and Europe also have a demand for carotenoid marketowing to the growing demand for clean label foods and health awareness. Moreover, in United Kingdom, the rising food safety concerns are pressurizing manufacturing to adopt clean labels, which is triggering the demand for natural colors.

Report Scope:

Attribute

Details

The base year for estimation

2019

Forecast period

2019 – 2029

Market representation

Revenue in USD Million & CAGR from 2019– 2029

Market Segmentation

By Type- Xanthophy, Carotene

By Application– Food and Beverages, Feed Supplement, Cosmetic Additives, Drug and Health Products, Others

Regional scope

North America - U.S., Canada

Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe

Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific

Latin America - Brazil, Mexico, Argentina, Rest of Latin America

Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa

Report coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments Covered in the Report:

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2019 to 2029.  For the purpose of this study, has segmented the global xanthophy and carotene market report based on type, application, and region.

Global Xanthophy and Carotene Market, By Type:

  • Xanthophy
  • Carotene

Global Xanthophy and Carotene Market, By Application:

  • Food and Beverages
  • Feed Supplement
  • Cosmetic Additives
  • Drug and Health Products
  • Others

Global Xanthophy and Carotene Market, By Region:

      • North America
          • U.S.
          • Canada
      • Europe
          • Germany
          • UK
          • France
          • Russia
          • Italy
          • Rest of Europe
      • Asia Pacific
          • China
          • India
          • Japan
          • South Korea
          • Rest of Asia Pacific
      • Latin America
          • Brazil
          • Mexico
          • Rest of Latin America
      • Middle East & Africa
          • GCC
          • Israel
          • South Africa
          • Rest of Middle East & Africa

Global Xanthophy And Carotene Market Key Players

The key players operating in the global xanthophy and carotene market include Allied Biotech, BASF, Chr Hansen, DSM, FMC Corporation, HJ-Rise International,  LYCORED,   Wuhan Stars,  Zhejiang Medicine,  Zixin. The prominent players are constantly involved in the development of new or combination of products. The market players from xanthophy and carotene market is anticipated to lucrative growth opportunities in the future rising demand of xanthophy and carotene in market. For instance, In April 2019, Zhejiang NHU Co. Ltd formed a partnership with LJ Ingredients (Denmark). Through this partnership, LJ Ingredients became an exclusive sales agent for beta-carotene products for the company in the European market.

Global Xanthophy And Carotene Market Company Profile

  • Allied Biotec
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Overview
    • Business Strategies
  • BASF
  • Chr Hansen
  • DSM
  • FMC Corporation
  • HJ-Rise International
  • LYCORED
  • Wuhan Stars
  • Zhejiang Medicine
  • Zixin

“*” marked represents similar segmentation in other categories in the respective section

Global Xanthophy And Carotene Market Table of Contents

Research Objective and Assumption

  • Preface
  • Research Objectives
  • Study Scope
  • Years Considered for the study
  • Assumptions
  • Abbreviations

Research Methodology

  • Research data
  • Primary Data
    • Primary Interviews
    • Primary Breakdown
    • Key data from Primary Sources
    • Key Thickness Insights
  • Secondary Data
    • Major Secondary Sources
    • Secondary Sources
  • Market Estimation
  • Top-Down Approach
    • Approach for estimating Market Share by Top-Down Analysis (Supply Side)
  • Bottom-Up Approach
    • Approach for estimating market share by Bottom-up Analysis (Demand Side)
  • Market Breakdown and Data Triangulation
  • Research Assumptions

Market Preview

  • Executive Summary
  • Key Findings—Global Outlook for medical carts Strategies
    • Key Questions this Study will Answer
    • Market Snippet, By Type
    • Market Snippet, By Application
    • Market Snippet, By Region
  • Opportunity Map Analysis
  • Executive Summary—3 Big Predictions

Market Dynamics, Regulations, and Trends Analysis

  • Market Dynamics
    • Drivers
    • Restrains
    • Market Opportunities
    • Market Trends
  • DR Impact Analysis
  • PEST Analysis
  • Porter’s Five Forces Analysis
  • Opportunity Orbit
  • Market Investment Feasibility Index
  • Macroeconomic Factor Analysis

Xanthophy and Carotene Market, By Type, Forecast Period up to 10 Years, (US$ Bn)

  • Overview
    • Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
    • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
    • Segment Trends
  • (Xanthophy and Carotene
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years

Xanthophy and Carotene Market, By Application, Forecast Period up to 10 Years, (US$ Bn)

  • Overview
    • Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
    • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
    • Segment Trends
  • Food and Beverages
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Feed Supplement
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Cosmetic Additives
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Drug and Health Products
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Others
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years

Xanthophy and Carotene Market, By Region, Forecast Period up to 10 Years, (US$ Bn)

  • Overview
    • Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
    • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
    • Regional Trends
  • North America
    • Market Size and Forecast (US$ Bn), By Type, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Application, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
      • U.S.
      • Canada
  • Europe
    • Market Size and Forecast (US$ Bn), By Type, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Application, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
      • UK
      • France
      • Germany
      • Russia
      • Italy
      • Rest of Europe
  • Asia Pacific
    • Market Size and Forecast (US$ Bn), By Type, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Application, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
      • India
      • Japan
      • South Korea
      • China
      • Rest of Asia Pacific
  • Latin America
    • Market Size and Forecast (US$ Bn), By Type, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Application, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
  • Brazil
  • Mexico
  • Rest of Latin America
  • Middle East & Africa
    • Market Size and Forecast (US$ Bn), By Type, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Application, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
  • GCC
  • Israel
  • South Africa
  • Rest of Middle East

Competitive Landscape

  • Heat Map Analysis
  • Market Presence and Specificity Analysis

Company Profiles

  • Allied Biotech
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • BASF
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Chr Hanse
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • DSM
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • FMC Corporation
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • HJ-Rise International 
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • LYCORED
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Wuhan Stars
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Zhejiang Medicine   
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Zixin
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies

The Last Word

  • Future Impact
  • About Us
  • Contact

FAQs

The market report has been segmented on the basis of type, application, and region.

Increased awareness of the health benefits associated with xanthophylls and carotenoids, such as their antioxidant properties and potential eye health benefits.

Supply Chain Challenges: Issues related to the sourcing and extraction of xanthophylls and carotenoids, which may impact the overall supply chain.

The dominant region can depend on factors such as the concentration of industries utilizing xanthophylls and carotenoids, agricultural production, and consumer preferences.

The prominent player operating in the global xanthophy and carotene market includes Allied Biotech, BASF, Chr Hansen, DSM, FMC Corporation, HJ-Rise International, LYCORED, Wuhan Stars, Zhejiang Medicine, Zixin.