According to a new report Global Carotenoids Market, published by KBV research, The Global Carotenoids Market size is expected to reach $2 billion by 2025, rising at a market growth of 4.7% CAGR during the forecast period.
The Europe market dominated the Global Synthetic Carotenoids Market by Region 2018, growing at a CAGR of 3.81 % during the forecast period. The North America market is expected to witness a CAGR of 3.8% during (2019 - 2025). Additionally, The Asia Pacific market is expected to witness a CAGR of 4.22% during (2019 - 2025).
The Astaxanthin market dominated the Global Carotenoids Market by Product 2018, growing at a CAGR of 4.4 % during the forecast period. The Capsanthin market is expected to witness a CAGR of 4.5% during (2019 - 2025). Additionally, The Lutein market is expected to witness highest CAGR of 4.5% during (2019 - 2025).
The Animal Feed market dominated the Global Carotenoids Market by Application 2018 growing at a CAGR of 4.4 % during the forecast period. The Human Food market is expected to witness a CAGR of 4.5% during (2019 - 2025). Additionally, The Dietary Supplement market is expected to witness highest CAGR of 5.4% during (2019 - 2025).
Full Report:https://www.kbvresearch.com/carotenoids-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of 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.
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