Carotenoids Market Estimated to Reach $1,428.12 Million by 2019 New Report By MarketsandMarkets
Dallas (PRWEB) April 24, 2015
The carotenoids market is competitive with leading players being involved in the research & development of new carotenoids.
Browse 88 market data tables and 66 figures spread through 170 pages and in-depth TOC on Carotenoids Market
http://www.marketsandmarkets.com/Market-Reports/carotenoid-market-158421566.html
The carotenoids market, in terms of value, is projected to reach $ 1,428.12 million by 2019, at a CAGR of around 3.5% from 2014. Factors such as, high health benefits, increasing end-use application, and easy availability are the major drivers of the carotenoids market. Carotenoids are one of the most important classes of plant pigments and play a very important role in defining the quality parameter of fruit and vegetables. Carotenoids are found majorly in plants, algae, and photosynthetic bacteria; however humans and animals have to rely upon food as a source of these compounds. Carotenoids may also be found in some of the non-photosynthetic bacteria and molds where they protect them against damage from light and oxygen. They are responsible for the red, orange, and yellow coloration of plant leaves, fruits, and flowers as well as for some of the birds, insects, fish, and crustaceans. Some of the familiar examples of carotenoids coloration are the red color of tomatoes and carrots, orange color of citrus fruits, and the pink color of flamingos. Around 600 various carotenoids are known to occur naturally and many of them are still being identified.
Make an Enquiry http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=158421566
Carotenoids are classified into beta-carotene, lutein, lycopene, astaxanthin, zeaxanthin, canthaxanthin and others (including annatto, capsanthin, fucoxanthin, and trans-a-apo-8-carotenal). Beta-carotene dominated the carotenoids market, having contributed around 24% share in 2013. The synthetic segment holds the key share in carotenoids market; however natural carotenoids tend to gain popularity in next five years due to consumers’ increasing preference for natural goods and increasing health awareness. The key application of carotenoids is in feed, followed by supplements, food, and cosmetics.
The carotenoids market is highly fragmented with the key market players driving the growth with agreements, expansions, acquisitions and new product launches develop its position in the carotenoids market. The market is competitive with leading players being involved in the research & development of new carotenoids products and its application. The market caters to the applications such as supplements, food, feed, and cosmetics.
Browse Related Reports
Feed Pigment Market – Global Trends & Forecasts To 2018
http://www.marketsandmarkets.com/Market-Reports/feed-pigment-market-206152828.html
Nutraceutical Ingredients Market by Type & Application – Global Trends & Forecasts to 2018 http://www.marketsandmarkets.com/Market-Reports/nutraceutical-ingredient-market-1319.html
About MarketsandMarkets
MarketsandMarkets is world’s No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 full-time analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors.
M&M’s flagship competitive intelligence and market research platform, “RT” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.
We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.
Contact:
Mr. Rohan
North – Dominion Plaza,
17304 Preston Road,
Suite 800, Dallas, TX 75252
Tel: +1-888-600-6441
Email: sales@marketsandmarkets.com
Blog: http://www.marketsandmarketsblog.com/market-reports/agriculture-industry
More Natural Cosmetics Press Releases
Tags: $1428.12, 2019, Carotenoids, estimated, Market, MarketsandMarkets, Million, Reach, Report