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Carotenoids Market Size is Projected to Reach USD 1168.7 Million by 2026 at CAGR 0.6% | Valuates Reports
Carotenoids Market is Segmented by
Type (Astaxanthin, Beta-Carotene, Canthaxanthin, Lycopene, Lutein, Others),
Application (Food, Feed, Pharmaceuticals, Cosmetics, Others):
Global Opportunity Analysis and Industry Forecast, 2021-2026. This report is published on
Valuates Reports in the
Vitamins & Supplements Category.
The global Carotenoids market size is projected to reach USD 1168.7 Million by 2026, from USD 1127.5 Million in 2019, at a CAGR of 0.6% during the forecast period 2021-2026.
Major factors driving the growth of carotenoids market size are, increasing use of natural carotenoids as food colorants and innovations in the technologies used for extraction of carotenoids, increasing demand for healthy & natural food along with supplement consumption on account of rising health issues.