Carotenoid Market Size, Share, and Growth Forecast for 2025 - 2032

Table of Content

1. Executive Summary

1.1. Global Carotenoid Market Snapshot 2025 and 2032

1.2. Market Opportunity Assessment, 2025-2032, US$ Mn

1.3. Key Market Trends

1.4. Industry Developments and Key Market Events

1.5. Demand Side and Supply Side Analysis

1.6. PMR Analysis and Recommendations

2. Market Overview

2.1. Market Scope and Definitions

2.2. Value Chain Analysis

2.3. Macro-Economic Factors

2.3.1. Global GDP Outlook

2.3.2. Global GDP Outlook

2.3.3. Global economic Growth Forecast

2.3.4. Global Urbanization Growth

2.3.5. Other Macro-economic Factors

2.4. Forecast Factors – Relevance and Impact

2.5. COVID-19 Impact Assessment

2.6. PESTLE Analysis

2.7. Porter's Five Forces Analysis

2.8. Geopolitical Tensions: Market Impact

2.9. Regulatory and Technology Landscape

3. Market Dynamics

3.1. Drivers

3.2. Restraints

3.3. Opportunities

3.4. Trends

4. Price Trend Analysis, 2019 – 2032

4.1. Region-wise Price Analysis

4.2. Price by Segments

4.3. Price Impact Factors

5. Global Carotenoid Market Outlook: Historical (2019 – 2024) and Forecast (2025 – 2032)

5.1. Key Highlights

5.2. Global Carotenoid Market Outlook: Source

5.2.1. Introduction/Key Findings

5.2.2. Historical Market Size (US$ Mn) Analysis by Source, 2019-2024

5.2.3. Current Market Size (US$ Mn) Forecast, by Source, 2025-2032

5.2.3.2. Natural

5.2.3.3. Synthetic

5.2.4. Market Attractiveness Analysis: Source

5.3. Global Carotenoid Market Outlook: Product Type

5.3.1. Introduction/Key Findings

5.3.2. Historical Market Size (US$ Mn) Analysis by Product Type, 2019-2024

5.3.3. Current Market Size (US$ Mn) Forecast, by Product Type, 2025-2032

5.3.3.2. Beta-Carotene

5.3.3.3. Lutein

5.3.3.4. Astaxanthin

5.3.3.5. Canthaxanthin

5.3.3.6. Lycopene

5.3.3.7. Others

5.3.4. Market Attractiveness Analysis: Product Type

5.4. Global Carotenoid Market Outlook:  Application

5.4.1. Introduction/Key Findings

5.4.2. Historical Market Size (US$ Mn) Analysis by  Application, 2019-2024

5.4.3. Current Market Size (US$ Mn) Forecast, by  Application, 2025-2032

5.4.3.1. Food & Beverage Industry

5.4.3.2. Feed Industry

5.4.3.3. Dietary Supplements

5.4.3.4. Pharmaceutical products

5.4.3.5. Cosmetic & Personal care

5.4.3.6. Other Applications

5.4.4. Market Attractiveness Analysis:  Application

5.6. Global Carotenoid Market Outlook: 

5.6.1. Introduction/Key Findings

5.6.2. Historical Market Size (US$ Mn) Analysis by  , 2019-2024

5.6.3. Current Market Size (US$ Mn) Forecast, by  , 2025-2032

5.6.4. Market Attractiveness Analysis: 

6. Global Carotenoid Market Outlook: Region

6.1. Key Highlights

6.2. Historical Market Size (US$ Mn) Analysis by Region, 2019-2024

6.3. Current Market Size (US$ Mn) Forecast, by Region, 2025-2032

6.3.1. North America

6.3.2. Europe

6.3.3. East Asia

6.3.4. South Asia & Oceania

6.3.5. Latin America

6.3.6. Middle East & Africa

6.4. Market Attractiveness Analysis: Region

7. North America Carotenoid Market Outlook: Historical (2019 – 2024) and Forecast (2025 – 2032)

7.1. Key Highlights

7.2. Pricing Analysis

7.3. North America Market Size (US$ Mn) Forecast, by Country, 2025-2032

7.3.1. U.S.

7.3.2. Canada

7.4. North America Market Size (US$ Mn) Forecast, by Source, 2025-2032

7.4.2. Natural

7.4.3. Synthetic

7.5. North America Market Size (US$ Mn) Forecast, by Product Type, 2025-2032

7.5.2. Beta-Carotene

7.5.3. Lutein

7.5.4. Astaxanthin

7.5.5. Canthaxanthin

7.5.6. Lycopene

7.5.7. Others

7.6. North America Market Size (US$ Mn) Forecast, by  Application, 2025-2032

7.6.1. Food & Beverage Industry

7.6.2. Feed Industry

7.6.3. Dietary Supplements

7.6.4. Pharmaceutical products

7.6.5. Cosmetic & Personal care

7.6.6. Other Applications

7.8. North America Market Size (US$ Mn) Forecast, by  , 2025-2032

8. Europe Carotenoid Market Outlook: Historical (2019 – 2024) and Forecast (2025 – 2032)

8.1. Key Highlights

8.2. Pricing Analysis

8.3. Europe Market Size (US$ Mn) Forecast, by Country, 2025-2032

8.3.1. Germany

8.3.2. Italy

8.3.3. France

8.3.4. U.K.

8.3.5. Spain

8.3.6. Russia

8.3.7. Rest of Europe

8.4. Europe Market Size (US$ Mn) Forecast, by Source, 2025-2032

8.4.2. Natural

8.4.3. Synthetic

8.5. Europe Market Size (US$ Mn) Forecast, by Product Type, 2025-2032

8.5.2. Beta-Carotene

8.5.3. Lutein

8.5.4. Astaxanthin

8.5.5. Canthaxanthin

8.5.6. Lycopene

8.5.7. Others

8.6. Europe Market Size (US$ Mn) Forecast, by  Application, 2025-2032

8.6.1. Food & Beverage Industry

8.6.2. Feed Industry

8.6.3. Dietary Supplements

8.6.4. Pharmaceutical products

8.6.5. Cosmetic & Personal care

8.6.6. Other Applications

8.8. Europe Market Size (US$ Mn) Forecast, by  , 2025-2032

9. East Asia Carotenoid Market Outlook: Historical (2019 – 2024) and Forecast (2025 – 2032)

9.1. Key Highlights

9.2. Pricing Analysis

9.3. East Asia Market Size (US$ Mn) Forecast, by Country, 2025-2032

9.3.1. China

9.3.2. Japan

9.3.3. South Korea

9.4. East Asia Market Size (US$ Mn) Forecast, by Source, 2025-2032

9.4.2. Natural

9.4.3. Synthetic

9.5. East Asia Market Size (US$ Mn) Forecast, by Product Type, 2025-2032

9.5.2. Beta-Carotene

9.5.3. Lutein

9.5.4. Astaxanthin

9.5.5. Canthaxanthin

9.5.6. Lycopene

9.5.7. Others

9.6. East Asia Market Size (US$ Mn) Forecast, by  Application, 2025-2032

9.6.1. Food & Beverage Industry

9.6.2. Feed Industry

9.6.3. Dietary Supplements

9.6.4. Pharmaceutical products

9.6.5. Cosmetic & Personal care

9.6.6. Other Applications

9.8. East Asia Market Size (US$ Mn) Forecast, by  , 2025-2032

10. South Asia & Oceania Carotenoid Market Outlook: Historical (2019 – 2024) and Forecast (2025 – 2032)

10.1. Key Highlights

10.2. Pricing Analysis

10.3. South Asia & Oceania Market Size (US$ Mn) Forecast, by Country, 2025-2032

10.3.1. India

10.3.2. Southeast Asia

10.3.3. ANZ

10.3.4. Rest of SAO

10.4. South Asia & Oceania Market Size (US$ Mn) Forecast, by Source, 2025-2032

10.4.2. Natural

10.4.3. Synthetic

10.5. South Asia & Oceania Market Size (US$ Mn) Forecast, by Product Type, 2025-2032

10.5.2. Beta-Carotene

10.5.3. Lutein

10.5.4. Astaxanthin

10.5.5. Canthaxanthin

10.5.6. Lycopene

10.5.7. Others

10.6. South Asia & Oceania Market Size (US$ Mn) Forecast, by  Application, 2025-2032

10.6.1. Food & Beverage Industry

10.6.2. Feed Industry

10.6.3. Dietary Supplements

10.6.4. Pharmaceutical products

10.6.5. Cosmetic & Personal care

10.6.6. Other Applications

10.8. South Asia & Oceania Market Size (US$ Mn) Forecast, by  , 2025-2032

11. Latin America Carotenoid Market Outlook: Historical (2019 – 2024) and Forecast (2025 – 2032)

11.1. Key Highlights

11.2. Pricing Analysis

11.3. Latin America Market Size (US$ Mn) Forecast, by Country, 2025-2032

11.3.1. Brazil

11.3.2. Mexico

11.3.3. Rest of LATAM

11.4. Latin America Market Size (US$ Mn) Forecast, by Source, 2025-2032

11.4.2. Natural

11.4.3. Synthetic

11.5. Latin America Market Size (US$ Mn) Forecast, by Product Type, 2025-2032

11.5.2. Beta-Carotene

11.5.3. Lutein

11.5.4. Astaxanthin

11.5.5. Canthaxanthin

11.5.6. Lycopene

11.5.7. Others

11.6. Latin America Market Size (US$ Mn) Forecast, by  Application, 2025-2032

11.6.1. Food & Beverage Industry

11.6.2. Feed Industry

11.6.3. Dietary Supplements

11.6.4. Pharmaceutical products

11.6.5. Cosmetic & Personal care

11.6.6. Other Applications

11.8. Latin America Market Size (US$ Mn) Forecast, by  , 2025-2032

12. Middle East & Africa Carotenoid Market Outlook: Historical (2019 – 2024) and Forecast (2025 – 2032)

12.1. Key Highlights

12.2. Pricing Analysis

12.3. Middle East & Africa Market Size (US$ Mn) Forecast, by Country, 2025-2032

12.3.1. GCC Countries

12.3.2. South Africa

12.3.3. Northern Africa

12.3.4. Rest of MEA

12.4. Middle East & Africa Market Size (US$ Mn) Forecast, by Source, 2025-2032

12.4.2. Natural

12.4.3. Synthetic

12.5. Middle East & Africa Market Size (US$ Mn) Forecast, by Product Type, 2025-2032

12.5.2. Beta-Carotene

12.5.3. Lutein

12.5.4. Astaxanthin

12.5.5. Canthaxanthin

12.5.6. Lycopene

12.5.7. Others

12.6. Middle East & Africa Market Size (US$ Mn) Forecast, by  Application, 2025-2032

12.6.1. Food & Beverage Industry

12.6.2. Feed Industry

12.6.3. Dietary Supplements

12.6.4. Pharmaceutical products

12.6.5. Cosmetic & Personal care

12.6.6. Other Applications

12.8. Middle East & Africa Market Size (US$ Mn) Forecast, by  , 2025-2032

13. Competition Landscape

13.1. Market Share Analysis, 2024

13.2. Market Structure

13.2.1. Competition Intensity Mapping

13.2.2. Competition Dashboard

13.3. Company Profiles

13.3.1. BASF SE

13.3.1.1. Company Overview

13.3.1.2. Product Portfolio/Offerings

13.3.1.3. Key Financials

13.3.1.4. SWOT Analysis

13.3.1.5. Company Strategy and Key Developments

13.3.2. CP Kelco U.S., Inc.

13.3.3. DSM N.V.

13.3.4. Chr. Hansen Holding A/S

13.3.5. FMC Corporation

13.3.6. Kemin Industries Inc.

13.3.7. Brenntag GmbH

13.3.8. Cyanotech Corporation

13.3.9. Citrus and Allied Essences Ltd

13.3.10. Naturex S.A.

13.3.11. D.D. Williamson & Co., Inc.

14. Appendix

14.1. Research Methodology

14.2. Research Assumptions

14.3. Acronyms and Abbreviations