Europe Carotenoids Market By Products (Astaxanthin, Capsanthin, Lutein, Beta-carotene, Lycopene and Other Products) By Application (Animal Feed, Human Food, Dietary Supplement and Other Applications)
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The Europe Carotenoids Market would witness market growth of 4.5% CAGR during the forecast period (2019-2025).
Carotenoids are useful antioxidants that protect and strengthen a humans immune system against diseases. Provitamin-A Carotenoid is vital for growth, immune function, and eye hygiene and may be converted into Vitamin A. Foods that are rich in carotenoids can protect healthy cells inside the eye and stop cancer cells from spreading. The macular degeneration or degeneration of the retina center is one of the major reasons that cause blindness. This can occur and badly impact the sensitive parts of the eye, especially with long-term blue light exposure. The carotenoids lutein and zeaxanthin found in the retina can assist in absorbing the blue light.
In the context of increased demand for health supplements and animal feed, Europe is a growing market and is projected to see continuous revenue growth from 2019 to 2025. The well-established cosmetics industry is expected to have a significant influence on growth in the region, due to the existence of important manufacturers like LOreal, Unilever and many others.
Based on Products, the market is segmented into Astaxanthin, Capsanthin, Lutein, Beta-carotene, Lycopene and Other Products. Based on Application, the market is segmented into Animal Feed, Human Food, Dietary Supplement and Other Applications. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include BASF SE, FMC Corporation, Cyanotech Corporation, Chr. Hansen Holding A/S, DDW, Inc., Koninklijke DSM N.V., Kemin Industries, Inc., Doehler Group SE, Allied Biotech Corporation and Excelvite SDN. BHD.
Scope of the Carotenoids Market Analysis
- Other Products
- Animal Feed
- Human Food
- Dietary Supplement
- Other Applications
- Rest of Europe
- BASF SE
- FMC Corporation
- Cyanotech Corporation
- Chr. Hansen Holding A/S
- DDW, Inc.
- Koninklijke DSM N.V.
- Kemin Industries, Inc.
- Doehler Group SE
- Allied Biotech Corporation
- Excelvite SDN. BHD.
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