#Carotenoids Market Research Report
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Carotenoids Market Will Hit Big Revenues In Future
The carotenoids market is projected to grow from USD 1.5 billion in 2019 to USD 2.0 billion by 2026, recording a CAGR of 4.2% during the forecast period. The factors driving the growth of the market are increasing awareness among consumers regarding the benefits carotenoids offer in preventive healthcare. Carotenoids have antioxidant properties and have high nutritional benefits. Carotenoids are known to help in reducing the risk of type 2 diabetes and prevents cardiovascular problems. Moreover, due to increasing demand for natural ingredients in food industry, carotenoids are now in high demand for use as a natural food colorant.
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Increasing application for astaxanthin as food color has led the segment to account for the highest market share in the carotenoids market
Astaxanthin accounts for the largest share in the market, during the forecast period. Astaxanthin is found in certain algae and has a red pigment. Due to its red pigment, it is now being widely used in meat products to impart color. It is used in food products such as salmon, lobster, trout, shrimp, and other seafood products. Moreover, it is also now being used as it helps in fighting diseases such as Parkinson’s disease, the prevention of macular degeneration, and the Alzheimer’s disease.
Natural segment is projected to grow at faster CAGR in the carotenoids market during the forecast period as consumers are demanding natural food products
The natural segment is forecasted to grow at higher CAGR in the market during the study period. This can be attributed to increase in biological activities and high antioxidant properties offered by natural carotenoids. During last few decades there has been increasing concern over the chemical ingredients used in various food products. Consumers across the globe are now demanding for food products with natural ingredients as they are perceived as safer fand healthier for consumption. This has driven the demand for natural carotenoids in food industry.
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The Europe region is projected to account for largest market share in the carotenoids market during the forecast period due to increase demand for clean-label products
The Europe region is forecasted to dominate the carotenoids market in terms of market share during the forecast period. This is due to the presence of consumers who are demanding natural and clean-label food products. The players in food and feed industry in Europe are widely using natural ingredients as a colorant in their products and easy availability of carotenoids makes it a preferrable option for these manufacturers. Furthermore, growing ageing population has led to increase in demand for carotenoids as it may benefit in curing cataract and other eye disorders.
The prominent vendors in the carotenoids market include Koninklijke DSM (Netherlands), BASF (Germany), Chr. Hansen (Denmark), Kemin Industries (US), Lycored Limited (Israel), Cyanotech Corporation (US), Fuji Chemical Industry Co Ltd. (Japan), Novus International (US), DDW The Color House (US), and Dohler Group (Germany).
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The Lutein Market: Emerging Trends, Growth Drivers, and Future Outlook
The Lutein Market has garnered significant attention due to increasing awareness about eye health, rising demand for nutraceuticals, and the growing trend toward preventive healthcare. Lutein, a carotenoid found in high concentrations in leafy green vegetables, plays a crucial role in maintaining eye health and reducing the risk of chronic eye conditions such as age-related macular degeneration (AMD) and cataracts. As the global population ages and people become more concerned about their long-term well-being, the demand for lutein as a dietary supplement and in functional foods has risen steadily. This blog delves into the key aspects of the lutein market, its growth drivers, challenges, trends, and future outlook.
What is Lutein?
Lutein is a naturally occurring carotenoid pigment that belongs to the xanthophyll group. Found primarily in the macula and retina of the eye, lutein plays a vital role in protecting the eyes from oxidative stress and high-energy light, especially blue light. The human body does not produce lutein, so it must be obtained through diet or supplements. Rich sources of lutein include spinach, kale, broccoli, corn, egg yolks, and certain fruits. In addition to its well-known benefits for eye health, lutein is also thought to have antioxidant properties that may protect against a variety of chronic conditions.
Market Overview
The global lutein market has been expanding rapidly over the past few years, with a growing consumer base that recognizes the importance of eye health. According to recent reports, the lutein market was valued at approximately USD 315 million in 2023 and is expected to reach USD 475 million by 2030, growing at a compound annual growth rate (CAGR) of 6.1% during the forecast period. The market is primarily driven by rising consumer awareness about eye health, an increase in the prevalence of vision-related disorders, and the expanding usage of lutein in the food and beverage industry.
Key Growth Drivers
Several factors are contributing to the robust growth of the lutein market:
1. Rising Incidence of Eye Disorders
One of the primary drivers of the lutein market is the increasing prevalence of eye disorders, particularly among the elderly population. According to the World Health Organization (WHO), nearly 2.2 billion people worldwide suffer from vision impairment, and approximately 1 billion of these cases could have been prevented or addressed with proper care. Age-related macular degeneration (AMD) and cataracts are two of the most common eye disorders that affect millions of people globally. Lutein has been shown to reduce the risk of these conditions by filtering harmful blue light and neutralizing oxidative damage in the eyes.
2. Growing Demand for Dietary Supplements
Another key driver of the lutein market is the rising demand for dietary supplements. With more people taking proactive steps to improve their overall health, the use of supplements that promote eye health, including lutein, has surged. Lutein supplements are often marketed as part of comprehensive eye health formulations, which include other carotenoids like zeaxanthin. These supplements are especially popular among aging populations who are at higher risk for eye diseases.
3. Health Benefits Beyond Eye Health
While lutein is most commonly associated with eye health, research suggests that it may offer additional health benefits, including improved cognitive function and cardiovascular health. Studies indicate that lutein may play a role in reducing inflammation and improving cognitive performance in older adults. Furthermore, its antioxidant properties may help reduce the risk of chronic diseases such as cardiovascular disease, which has fueled its popularity among health-conscious consumers.
4. Increasing Use of Lutein in Functional Foods
As consumer preferences shift toward healthier food choices, the demand for functional foods fortified with ingredients like lutein has grown. Lutein is now commonly used in the production of beverages, dairy products, and baked goods, providing consumers with an easy way to incorporate this beneficial nutrient into their diets. The use of lutein in the food and beverage industry is expected to continue expanding as companies seek to meet the growing demand for functional, health-boosting products.
Market Segmentation
The lutein market can be segmented based on form, application, and region:
1. By Form
Lutein is available in two primary forms: powder and liquid. The powdered form is widely used in dietary supplements and food products, while the liquid form is more commonly used in cosmetics and pharmaceutical applications.
2. By Application
Dietary Supplements: Lutein supplements are primarily consumed by individuals looking to improve eye health and reduce the risk of vision-related disorders. This segment dominates the lutein market due to its growing popularity among aging populations.
Food and Beverages: Lutein is increasingly being added to functional foods, such as fortified juices, dairy products, and snacks, as part of the trend toward healthier eating habits.
Cosmetics: Lutein is used in skincare products for its antioxidant properties, which can help protect the skin from damage caused by free radicals and UV exposure.
Pharmaceuticals: In the pharmaceutical sector, lutein is used in the development of eye health treatments and medications aimed at preventing or slowing the progression of vision-related conditions.
3. By Region
North America: North America holds the largest share of the lutein market, driven by a high incidence of eye disorders, strong consumer awareness, and the widespread availability of lutein supplements.
Europe: Europe is another key market for lutein, with countries such as Germany and the UK leading the way in terms of dietary supplement consumption and research into eye health.
Asia Pacific: The Asia Pacific region is expected to experience the highest growth rate in the lutein market due to increasing awareness about the benefits of lutein, rising healthcare spending, and a growing elderly population in countries like China, Japan, and India.
Rest of the World: Other regions, including Latin America, the Middle East, and Africa, are also showing potential for market growth as awareness about lutein's health benefits increases.
Challenges Facing the Lutein Market
Despite its promising growth prospects, the lutein market faces several challenges:
1. High Production Costs
The extraction and purification of lutein from natural sources, such as marigold flowers, can be expensive. This high production cost can limit the availability of lutein-based products and result in higher prices for consumers.
2. Lack of Standardization
Another challenge is the lack of standardization in the lutein supplement market. Different products may contain varying concentrations of lutein, making it difficult for consumers to determine the efficacy of different brands.
3. Limited Consumer Awareness
While awareness about lutein's benefits is growing, many consumers are still unaware of the specific role lutein plays in eye health. More educational efforts are needed to inform the public about the importance of lutein and the benefits of regular supplementation.
Future Outlook
The future of the lutein market looks bright, with continued growth expected over the coming years. Key trends that are likely to shape the market include:
Increased Demand for Natural and Organic Products: As consumers become more health-conscious and environmentally aware, the demand for natural and organic lutein products is expected to rise.
Technological Advancements in Extraction: Innovations in lutein extraction processes may help reduce production costs and improve the quality and availability of lutein supplements.
Expansion in Emerging Markets: As awareness about eye health increases in developing regions, the lutein market is likely to see significant growth in countries across Asia, Latin America, and Africa.
Conclusion
The lutein market is poised for robust growth, driven by increasing consumer awareness about eye health, rising demand for dietary supplements, and the expanding use of lutein in functional foods and cosmetics. While challenges such as high production costs and limited consumer awareness persist, the overall outlook for the market remains positive. As research into lutein's health benefits continues and technological advancements make lutein more accessible, the market is expected to thrive, offering new opportunities for businesses and consumers alike.
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Meticulous Research® Unveils Latest Insights on Global Plant Extracts Market, Projected to Reach $63.26 Billion by 2031
Growing Demand for Natural Products and Herbal Supplements Fuels Market Growth
Meticulous Research®, a leading provider of global market intelligence, has released a new comprehensive report titled, "Plant Extracts Market Size, Share, Forecast, & Trends Analysis by Product (Essential Oils, Oleoresins, Flavonoids, Carotenoids), Form (Liquid), Source (Herbs & Spices, Fruits & Vegetables), Application (Food & Beverages, Cosmetics) - Global Forecast to 2031." This report provides an in-depth analysis of the plant extracts market, which is forecasted to grow at a Compound Annual Growth Rate (CAGR) of 8.7% from 2024 to 2031, reaching a market size of $63.26 billion by 2031.
Market Drivers and Opportunities
The global plant extracts market is witnessing significant growth, driven by increased consumer awareness of the benefits of natural products, heightened demand for natural colors and flavors, and a surge in the popularity of herbal supplements. Consumers are increasingly seeking clean-label and health-conscious products, which is fueling the demand for plant-based ingredients across various industries.
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However, market growth may be moderated by challenges such as the availability of lower-cost substitutes and fluctuating raw material prices. Nonetheless, the expanding demand for cosmetics and the rising use of oleoresins in animal feed present substantial opportunities for industry participants. The market is also experiencing two key trends: the increasing prevalence of clean-label products and a growing focus on health and wellness.
Market Segmentation
The plant extracts market is segmented into several categories:
By Product Type: Key product segments include essential oils, oleoresins, flavonoids, alkaloids, carotenoids, and others. In 2024, the essential oils segment is expected to account for over 44.9% of the market. Essential oils are gaining prominence due to their wide use in industries such as food & beverages, cosmetics, and personal care, as well as their recognized health benefits, including antifungal, antibacterial, and wound-healing properties.
By Form: The market is divided into liquid and dry plant extracts. The liquid plant extracts segment is forecasted to lead the market in 2024, thanks to its versatility and ease of incorporation into various products. Liquid extracts are especially favored in cosmetics, personal care, food, and beverage industries for their ability to enhance product homogeneity and simplify dosing.
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By Source: The market is categorized by source into herbs & spices, fruits & vegetables, and flowers. Herbs & spices are expected to dominate with over 53.2% of the market in 2024, driven by their increasing use in Ayurveda, cosmetics, personal care, and the food & beverage industry. The therapeutic properties of herbs & spices, such as antioxidant and anti-inflammatory effects, are also contributing to their growing popularity.
By Application: Key application areas for plant extracts include food & beverages, cosmetics & personal care, pharmaceuticals & nutraceuticals, animal feed, and others. The food & beverages segment is expected to capture 44.9% of the market in 2024, driven by the growing demand for natural ingredients, such as plant-based antioxidants and flavoring agents, that extend shelf life and enhance product quality.
Geographic Insights
The report provides a detailed analysis of key geographical regions, including North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. In 2024, the Asia-Pacific region is projected to account for over 35.7% of the global market, with an estimated value of $12.62 billion. The region's growth is supported by rising disposable incomes, changing consumer lifestyles, increased demand for processed foods, and a growing preference for herbal supplements. Additionally, the abundant supply of raw materials and a robust local food and beverage production industry are further boosting market growth in the region.
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Key Market Players
The global plant extracts market is moderately competitive, with a mix of large multinational companies and smaller regional players. Some of the prominent companies in the market include:
Arjuna Natural Extracts Ltd. (India)
Döhler GmbH (Germany)
Givaudan SA (Switzerland)
International Flavors & Fragrances Inc (U.S.)
Synthite Industries Ltd (India)
Sensient Technologies Corporation (U.S.)
Symrise AG (Germany)
Synergy Flavors Inc. (U.S.)
doTERRA International, LLC (U.S.)
ROBERTET SA (France)
These key players are focused on strategic initiatives such as product development, mergers, and acquisitions to strengthen their market position and cater to the growing demand for natural plant-based ingredients. Quick Buy : https://www.meticulousresearch.com/Checkout/14823546
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Squalene Market Size and Regional Outlook Analysis 2024 - 2030
The global squalene market size was estimated at USD 149.4 million in 2023 and is expected to grow at a compound annual growth rate (CAGR) of 10.9% from 2024 to 2030.
Increasing consumption of natural ingredients in the personal care and cosmetics sector is expected to emerge as a major factor driving the market demand. Squalene is translucid, emits a low odor, and offers moisturizing properties. These qualities make it one of the most preferred emollients in the world. Absence of toxicity, makes it one of the most widely used elements in personal care applications. Squalene oil is also utilized in the cosmetics industry to fight free radicals that damage the skin and accelerate the aging process.
The product is used as a moisturizing and cleansing ingredient in cosmetic and personal care products such as lotions, hair conditioners, bath oils, lipsticks, creams, and foundations. Furthermore, surge in demand for natural and organic ingredients is expected to have a positive impact on the market.
Another factor that fuels market expansion is the rising demand for products in several vaccines. It is a vital component of vaccinations including the COVID-19 vaccines as it is extremely effective in boosting immune response.
Gather more insights about the market drivers, restrains and growth of the Squalene Market
Squalene Market Report Highlights
• Rising usage of natural chemical-free ingredients in personal care and cosmetics and increased awareness regarding the benefits of squalene for health and body are driving the market
• Europe dominated the market with a revenue share of over 32.8% in 2023, followed by Asia Pacific region.
• The plant segment dominated the market with a revenue share of over 82.3% in 2023. This is attributed to the declining population of sharks, increasing awareness among people regarding animal welfare and protection, and regulatory frameworks imposed by various governments for the protection of marine animals.
• The personal care and cosmetics segment dominated the market with a revenue share of over 70.1% in 2023.
• In the pharmaceutical industry, squalene is widely used for various vaccine and drug delivery emulsions owing to its biocompatibility and stability-enhancing effects. In vaccines, it is used as an oil-in-water emulsion form, coupled with some adjuvants and stimulants of the immune system
• Companies are involved in strategic initiatives such as mergers and new product launches to maintain their market position
Browse through Grand View Research's Food Additives & Nutricosmetics Industry Research Reports.
• The global specialty ingredients market size was valued at USD 142.5 billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 6.1% from 2024 to 2030.
• The global carotenoids market size was valued at USD 1.48 billion in 2023 and is projected to grow at a CAGR of 3.5% from 2024 to 2030.
Squalene Market Segmentation
Grand View Research has segmented the global squalene market report based on source, end-use, and region:
Squalene Source Outlook (Volume, Tons; Revenue, USD Million, 2018 - 2030)
• Animal
o Shark Liver Oil
o Other Animals
• Plants
o Amaranth Oil
o Olive Oil
o Rice Bran Oil Plants
o Other Amaranth Oil
o Synthetic
Squalene End-use Outlook (Volume, Tons; Revenue, USD Million, 2018 - 2030)
• Pharmaceuticals
• Personal Care & Cosmetics
• Nutraceuticals
• Food & Beverages
• Others
Squalene Regional Outlook (Volume, Tons; Revenue, USD Million, 2018 - 2030)
• North America
o U.S.
o Canada
o Mexico
• Europe
o Germany
o France
o UK
o Italy
o Spain
o Russia
o Benelux
• Asia Pacific
o China
o India
o Japan
o South Korea
o Vietnam
o Thailand
o Indonesia
• Central & South America
o Brazil
o Argentina
• Middle East & Africa
o Saudi Arabia
o South Africa
Order a free sample PDF of the Squalene Market Intelligence Study, published by Grand View Research.
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Sight Care Supplement Reviews
Introduction
As the population ages, concerns regarding eye health have become increasingly prominent. Vision issues such as macular degeneration, cataracts, and digital eye strain are affecting millions worldwide. Consequently, dietary supplements designed to support eye health are gaining popularity. Among these, Sightcare has emerged as a notable player. This article aims to provide an in-depth review of Sight Care, examining its ingredients, effectiveness, customer feedback, and expert opinions.
Understanding Eye Health
Before diving into Sight Care, it's essential to understand the factors that contribute to eye health. The eyes are complex organs that require various nutrients to function optimally. Key nutrients known to benefit eye health include:
Lutein and Zeaxanthin: Carotenoids found in leafy greens and eggs, known to filter harmful blue light.
Vitamin A: Vital for maintaining good vision, particularly in low-light conditions.
Omega-3 Fatty Acids: Important for retinal health and may help prevent dry eyes.
Antioxidants: Protect cells from oxidative stress, which can lead to degenerative eye conditions.
What is Sight Care?
Sight Care is a dietary supplement formulated to support overall eye health. It is designed to combat common eye issues, promote clearer vision, and protect against age-related decline. The product is marketed towards individuals who spend considerable time in front of screens or are concerned about the natural aging process affecting their eyesight.
Ingredients in Sight Care
Sight Care's formulation includes a blend of vitamins, minerals, and herbal extracts. Here’s a breakdown of some key ingredients:
1. Lutein and Zeaxanthin
These carotenoids are crucial for filtering harmful blue light and reducing oxidative stress. Numerous studies suggest they can help reduce the risk of age-related macular degeneration (AMD).
2. Vitamin A
Known for its role in maintaining proper vision, Vitamin A deficiency can lead to severe vision problems. Sight Care includes this vital nutrient to help support retinal health.
3. Omega-3 Fatty Acids
Derived from fish oil, these fatty acids are essential for overall eye health. They are known to alleviate symptoms of dry eyes and support retinal function.
4. Zinc
This mineral is essential for maintaining the health of the retina and may help protect against night blindness and age-related vision problems.
5. Bilberry Extract
Bilberry is rich in antioxidants and has been traditionally used to improve vision. Some studies indicate it may enhance night vision and overall eye function.
6. Grape Seed Extract
Another powerful antioxidant, grape seed extract is believed to help protect the eyes from damage caused by free radicals.
Effectiveness of Sight Care
The effectiveness of any supplement can vary from person to person, depending on individual health needs and lifestyle factors. To assess Sight Care Reviews effectiveness, we can consider scientific research, anecdotal evidence, and user reviews.
Scientific Evidence
While individual ingredients in Sight Care have been studied for their effects on eye health, the specific formulation of Sight Care has not been extensively researched. However, the combination of ingredients aligns with known benefits for eye health:
Lutein and Zeaxanthin: Studies show that individuals who consume higher levels of these carotenoids have a lower risk of developing AMD.
Omega-3 Fatty Acids: Research supports their role in reducing dry eye symptoms and maintaining retinal health.
Zinc and Vitamin A: Both are well-documented in their roles in preventing night blindness and supporting overall eye function.
User Reviews
To gain insight into user experiences, we analyzed customer reviews from various platforms. Here are some key themes that emerged:
Improved Clarity of Vision: Many users reported a noticeable improvement in their vision, particularly those who spend long hours in front of screens.
Reduction in Eye Strain: A significant number of users experienced relief from digital eye strain, stating that their eyes felt less fatigued after prolonged computer use.
Overall Satisfaction: The majority of users expressed satisfaction with the product, appreciating the blend of natural ingredients.
Expert Opinions
Health professionals and nutritionists emphasize the importance of a balanced diet for eye health but acknowledge that supplements can provide additional support. Many recommend Sight Care due to its combination of beneficial ingredients, particularly for individuals at risk of age-related vision issues.
Potential Side Effects
As with any supplement, it’s essential to consider potential side effects. Sight Care is generally well-tolerated, but some individuals may experience mild side effects such as:
Nausea: This can occur, especially if taken on an empty stomach.
Allergic Reactions: Some individuals may be allergic to specific ingredients, particularly those derived from fish or shellfish.
It’s always advisable to consult a healthcare provider before starting any new supplement regimen, especially for those with pre-existing health conditions or those who are pregnant or breastfeeding.
Dosage and Recommendations
The recommended dosage for Sight Care Supplement is typically two capsules per day, taken with meals. This helps improve absorption and minimize the risk of gastrointestinal discomfort. Consistency is crucial; users are encouraged to take the supplement regularly for optimal results.
Where to Buy Sight Care
Sight Care can be purchased from various online retailers, including the official website and major e-commerce platforms. It’s important to buy from reputable sources to ensure product authenticity and quality.
Pricing
The price of Sight Care may vary depending on the retailer and any ongoing promotions. Generally, it is priced competitively with other eye health supplements on the market. Many users find it to be a cost-effective solution compared to regular visits to eye specialists or more expensive treatments for eye conditions.
Conclusion
Sight Care presents a promising option for those looking to support their eye health through dietary supplements. With its blend of well-researched ingredients, it offers potential benefits for individuals concerned about vision deterioration due to age or digital strain.
While individual results may vary, the majority of user feedback has been positive, highlighting improved vision clarity and reduced eye strain. As with any health supplement, it’s essential to combine it with a balanced diet and healthy lifestyle choices for the best results.
Before making a decision, it’s advisable to consult with a healthcare professional to determine if Sightcare Reviews is the right choice for your specific eye health needs. In an age where screen time is ever-increasing, taking proactive steps to protect your vision is more critical than ever.
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Egg Yolk Oil Market: Detailed Insights on Size, Share, and Growth Potential
The global egg yolk oil market size is expected to reach USD 419.19 million by 2030, growing at a CAGR of 5.3% from 2024 to 2030, according to a new report by Grand View Research, Inc. Egg yolk oil is witnessing a surge in demand, propelled by key trends such as the increasing consumer preference for natural and sustainable beauty products, the expanding awareness of holistic health benefits, and the shift toward clean beauty formulations. With its rich composition of phospholipids, triglycerides, and antioxidants, egg yolk oil is becoming a sought-after ingredient in various industries. The growing inclination toward products with minimal environmental impact and the rising interest in multifunctional ingredients further boost the market for egg yolk oil.
In the skincare and cosmetics industry, egg yolk oil is valued for its moisturizing, anti-aging, and anti-inflammatory properties. It serves as an effective emollient and is incorporated into creams, lotions, and serums to enhance skin hydration and elasticity. The presence of antioxidants like lutein and zeaxanthin helps protect the skin from UV damage and oxidative stress. Additionally, egg yolk oil's ability to stabilize carotenoids makes it a preferred ingredient in sun-protective formulations, catering to the growing demand for natural sunscreens and anti-aging products.
Egg yolk oil is also gaining traction in the nutritional supplements and functional foods sector. Its high content of phospholipids and essential fatty acids supports cognitive health, cardiovascular health, and overall wellness. Studies, such as the one conducted by Kewpie Corporation in 2023, have shown that egg yolk choline can improve verbal and visual memory in forgetful individuals. This positions egg yolk oil as a valuable component in supplements targeting brain health and memory enhancement, addressing the rising consumer focus on mental well-being.
The health and wellness industry presents numerous emerging opportunities for egg yolk oil. Its potential use in ready-to-drink beauty beverages and beauty foods aligns with trends like ingestible beauty and the gut-skin axis, where consumers seek to improve skin health from within. Egg yolk oil can be integrated into products such as collagen drinks, nut butters, and bone broths, offering added skin and health benefits. The versatility of egg yolk oil, combined with its proven efficacy, makes it a promising ingredient in the evolving landscape of health-focused food and beverage innovations.
Egg yolk oil has shown significant potential in regulating photosensitivity and shielding skin cells from UV-induced oxidative stress. Egg oil treatment preserved normal epidermal cell structure and nuclei integrity even after UV exposure in research by Hahn et al. utilizing a full-thickness human skin model, in contrast to untreated models that displayed pycnotic nuclei indicative of cell death. Egg oil's potential as a therapeutic ingredient in skincare products targeted at reducing UV-related skin damage and supporting tissue healing is highlighted by its protective impact against sunburn-induced skin inflammation, which has been attributed to its antioxidant qualities.
Furthermore, egg yolk oil has strong analgesic and anti-inflammatory qualities that make it useful in the treatment of inflammatory diseases such as joint pain. At concentrations of 100–300 mg/kg, oils derived from duck and hen eggs considerably reduced pain and inflammation, according to research by Mahmoudi et al. The presence of choline, which decreased inflammatory markers by 20%, and palmitoylethanolamide in the phospholipid fraction, which further reduces inflammation, are both responsible for some of the anti-inflammatory benefits. According to these results, egg yolk oil shows promise as a component in medicinal formulations intended to reduce inflammation and discomfort.
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Egg Yolk Oil Market Report Highlights
Based on application, the personal care & cosmetics segment led the market in 2023. This ingredient is highly valued in the cosmetics industry for its emollient and skin-repairing properties. It is frequently used in formulations for moisturizers, anti-aging creams, and hair care products. The presence of antioxidants such as lutein and zeaxanthin helps protect the skin from UV damage and environmental stressors
Based on extraction method, the petroleum ether method is set to rise at a significant rate from 2024 to 2030. This is due to its efficiency in yielding high-purity oil, which is increasingly demanded for its applications in natural skincare and nutraceutical products
The Asia Pacific egg yolk oil market is expected to grow rapidly from 2024 to 2030. This is due to increasing consumer awareness of natural and sustainable beauty solutions, a growing middle-class population, and the popularity of traditional holistic health practices. Additionally, the expanding nutraceutical and cosmetics industries in countries like China, Japan, and South Korea are driving demand for high-quality, multifunctional ingredients like egg yolk oil
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Lutein Market Size to Expand Significantly by the End of 2030
The Lutein Market was valued at USD 0.4 billion in 2023 and will surpass USD 0.58 billion by 2030; growing at a CAGR of 5.5% during 2024 - 2030. The report focuses on estimating the current market potential in terms of the total addressable market for all the segments, sub-segments, and regions. In the process, all the high-growth and upcoming technologies were identified and analyzed to measure their impact on the current and future market. The report also identifies the key stakeholders, their business gaps, and their purchasing behavior.
The lutein market has witnessed substantial growth, driven by increasing consumer awareness about health and wellness. Lutein is naturally found in leafy greens, eggs, and certain fruits and vegetables. However, the concentration of lutein in these sources is often insufficient to meet the growing demand, leading to a surge in the production of lutein supplements and fortified foods.
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Key Trends Shaping the Market
Rising Awareness of Eye Health: With the global rise in screen time due to digital devices, concerns about eye health have become more pronounced. Lutein, known for its role in reducing the risk of age-related macular degeneration (AMD) and cataracts, is increasingly sought after.
Growth of the Nutraceutical Sector: The nutraceutical industry, which focuses on products derived from food sources that offer health benefits, is booming. Lutein supplements are a significant part of this growth, offering consumers a convenient way to boost their lutein intake.
Increasing Demand for Natural and Organic Products: As consumers become more health-conscious, there is a growing preference for natural and organic products. This trend extends to the lutein market, with an increasing demand for lutein derived from natural sources such as marigold flowers.
Advancements in Extraction Technologies: Technological advancements have made the extraction and purification of lutein more efficient and cost-effective. Innovations in this area are helping to meet the rising demand and improve the quality of lutein products.
Market Drivers
Several factors are driving the growth of the lutein market:
Aging Population: The global population is aging, and with age comes an increased risk of eye-related issues. Lutein's benefits in maintaining eye health are particularly appealing to older adults, driving demand.
Health and Wellness Trends: The overall trend towards health and wellness is encouraging consumers to seek out supplements and fortified foods that support overall health, including eye health.
Research and Development: Ongoing research into the benefits of lutein is uncovering new applications and health benefits, further driving consumer interest and market growth.
Government and Industry Initiatives: Initiatives aimed at improving public health through better nutrition are also promoting the consumption of carotenoids like lutein.
Challenges
Despite the positive outlook, the lutein market faces several challenges:
High Production Costs: The cost of extracting and purifying lutein can be high, which may affect pricing and accessibility for consumers.
Regulatory Hurdles: Navigating the complex regulatory landscape for dietary supplements and nutraceuticals can be challenging for manufacturers.
Market Competition: The market is becoming increasingly competitive, with numerous players entering the fray. Differentiating products and maintaining market share requires continuous innovation and marketing efforts.
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Future Prospects
The future of the lutein market looks promising, with several trends and developments likely to shape its trajectory:
Expansion into New Applications: Beyond eye health, lutein's antioxidant properties are being explored for skin care, cognitive health, and chronic disease prevention. These new applications could open up additional market segments.
Personalized Nutrition: Advances in personalized nutrition, where dietary recommendations are tailored to individual needs, could drive demand for lutein supplements tailored to specific health concerns.
Sustainability Initiatives: As sustainability becomes a key concern for consumers, the lutein market is likely to see a push towards more sustainable and eco-friendly production practices.
Emerging Markets: Growth opportunities in emerging markets, where awareness of nutraceuticals and dietary supplements is rising, could significantly boost the global lutein market.
Conclusion
The lutein market is poised for continued growth, driven by increasing health awareness, an aging population, and ongoing research into its benefits. While challenges exist, the potential for innovation and expansion into new applications presents exciting opportunities. As consumers continue to prioritize health and wellness, lutein is set to play a pivotal role in the nutraceutical landscape.
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Vitamins & Dietary Supplements Procurement Intelligence: Global Market Is Expected to Exhibit CAGR of 8.5% During 2024-2030
Vitamins & Dietary Supplements - Procurement Intelligence
Vitamins & dietary supplements procurement is expected to unlock huge opportunities by harnessing advanced technologies across advanced and emerging economies. The global market size stood at USD 178.5 billion in 2023. Traction for health and wellness is evolving among America consumers as they seek supplements tailored to their needs. Notably, North America dominated the industry in 2023, accounting for 35% of the overall market share, followed by Europe and Asia Pacific.
Meanwhile, Europe is anticipated to witness growth owing to increased consumer awareness of health and the role of supplements in weight control and physical activity as well as their readiness to pursue a healthier lifestyle. The Asia Pacific region is poised to observe the fastest growth rate during the forecasted period. This growth is attributed to increasing consumer awareness & purchasing power along with a rise in the geriatric population in countries such as Japan and China.
Vitamins & dietary supplements are manufactured in several forms, such as tablets, capsules, powders, liquids, and gels. By type, the products are segmented into vitamin subtypes (e.g., A, B, C, D, E, and K), minerals, amino acids, enzymes, and probiotics. The products have end-use applications in pharmaceuticals, nutraceuticals, feed products, foods and beverages, and personal care products. A few of the key raw materials used in manufacturing these products include retinol, carotenoids, thiamin, riboflavin, ascorbic acid, cholecalciferol, calcium carbonate, and magnesium aspartate.
Key technologies driving the growth include nanoencapsulation, biohacking and targeted supplementation, nutrigenomics, 3D printing of capsules, and lab-grown nutrients. For instance, nanoencapsulation provides various benefits, such as improving the stability and solubility of bioactive compounds used in the manufacturing of vitamins and dietary supplements. It also inhibits the deterioration of products during storage and transportation. It also enhances the bioavailability and potency of the target compounds in the products.
Industry players purchase raw materials and active ingredients from a variety of sources and locations. The profit margins are typically moderate to low due to intense competition. The key players usually compete over pricing strategies, product innovations, packaging, labeling, and advertising. Customers can be selective, as their objective is to purchase the best available options at the lowest feasible cost. This increases the pressure on key players to provide competitive pricing and high-quality products. Besides, regulatory guidelines in several countries require companies to have stringent quality control and safety standards.
Vitamins & dietary supplements may either be manufactured in-house or through contract development & manufacturing organizations (CDMOs). They may be distributed via offline or online distribution channels. Offline channels include brick-and-mortar establishments such as direct sellers, pharmacies, hypermarkets, supermarkets, convenience stores, or other tangible shop environments. Online channels comprise e-pharmacies (Walgreens, CVS, PharmEasy) and e-commerce platforms (Amazon, eBay, Flipkart).
The COVID-19 pandemic caused significant disruption in the global vitamins and dietary supplements industry. The product demand intensified after the COVID-19 outbreak, due to the surge in demand for immunity-boosting products. Supply disruptions were prevalent due to transportation bottlenecks and labor shortages during government-imposed lockdowns, but the supply stabilized significantly in 2023 to meet the increased global demand.
Order your copy of the Vitamins & Dietary Supplements Procurement Intelligence report 2024-2030, published by Grand View Research, to get more details regarding day one, quick wins, portfolio analysis, key negotiation strategies of key suppliers, and low-cost/best-cost sourcing analysis
Vitamins & Dietary Supplements Sourcing Intelligence Highlights
The vitamins & dietary supplements market has a fragmented landscape, with intense competition among the service providers.
Countries such as India and China are the preferred low-cost/ best-cost countries for vitamins and dietary supplements owing to cheap raw material costs, cheap labor costs, competitive pricing, and high return on investment.
Buyers have high negotiating power due to the intense competition among the service providers based on the scope of services and prices, enabling the buyers with flexibility to switch to a better alternative.
Raw materials, labor, technology and equipment, energy and utilities, packaging, labeling, and logistics, and other costs are the major cost components of the vitamins & dietary supplements. Other costs include R&D, regulatory and compliance, rent, general and administrative, sales and marketing, and finance and taxes.
List of Key Suppliers
Abbott Laboratories
Amway Corporation
Archer Daniels Midland Company (ADM)
BASF SE
Bayer AG
DSM Nutritional Products AG
GlaxoSmithKline plc (GSK)
Herbalife International, Inc.
Lonza Group Limited
Pfizer, Inc.
American Health Inc.
RBK Nutraceuticals Pty Ltd.
Browse through Grand View Research’s collection of procurement intelligence studies:
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Corn Procurement Intelligence Report, 2023 - 2030 (Revenue Forecast, Supplier Ranking & Matrix, Emerging Technologies, Pricing Models, Cost Structure, Engagement & Operating Model, Competitive Landscape)
Digital Procurement Systems Procurement Intelligence Report, 2023 - 2030 (Revenue Forecast, Supplier Ranking & Matrix, Emerging Technologies, Pricing Models, Cost Structure, Engagement & Operating Model, Competitive Landscape)
Vitamins & Dietary Supplements Procurement Intelligence Report Scope
Vitamins & Dietary Supplements Category Growth Rate: CAGR of 8.5% from 2024 to 2030
Pricing Growth Outlook: 5% - 10% increase (Annually)
Pricing Models: Cost-plus pricing, competition-based pricing, demand-based pricing, bundled pricing
Supplier Selection Scope: Cost and pricing, past engagements, productivity, geographical presence
Supplier Selection Criteria: Geographical service provision, revenue generated, key regulatory certifications, years in service, employee strength, clientele, product portfolio, key technologies, distribution channels, application/end-use, customer ratings, and others.
Report Coverage: Revenue forecast, supplier ranking, supplier matrix, emerging technology, pricing models, cost structure, competitive landscape, growth factors, trends, engagement, and operating model
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Astaxanthin Market Size To Reach $7.28 Billion By 2030
The global astaxanthin market size is expected to reach USD 7.28 billion by 2030, set to grow at a 17.1% CAGR from 2024 to 2030, according to a new report by Grand View Research, Inc. The increasing demand for nutraceuticals and growing applications of carotenoids in the animal feed industry & aquaculture are the major factors driving the market growth. Moreover, the rapidly aging population and…
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Global Top 13 Companies Accounted for 54% of total Lutein and Lutein Esters market (QYResearch, 2021)
The Lutein and Lutein Esters industry can be broken down into several segments, Powder/Concrete, Oil, etc.
Lutein is a xanthophyll and one of 600 known naturally occurring carotenoids. Lutein is synthesized only by plants and like other xanthophylls is found in high quantities in green leafy vegetables such as spinach, kale and yellow carrots. In green plants, xanthophylls act to modulate light energy and serve as non-photochemical quenching agents to deal with triplet chlorophyll (an excited form of chlorophyll), which is overproduced at very high light levels, during photosynthesis.
Lutein is an antioxidant that belongs to the carotenoid group. It’s found in high amounts in leafy greens and orange-yellow vegetables as well as dietary supplements.
Lutein is important for maintaining eye health and reducing the risk of macular degeneration and cataracts. It may also have protective effects on our skin and cardiovascular system.
Lutein is a carotenoid that has been shown to support vision health. Lutein is available in two forms–lutein esters and free lutein.
According to the new market research report “Global Lutein and Lutein Esters Market Report 2023-2029”, published by QYResearch, the global Lutein and Lutein Esters market size is projected to reach USD 0.23 billion by 2029, at a CAGR of 6.1% during the forecast period.
Figure. Global Lutein and Lutein Esters Market Size (US$ Million), 2018-2029
Figure. Global Lutein and Lutein Esters Top 13 Players Ranking and Market Share(Based on data of 2021, Continually updated)
The global key manufacturers of Lutein and Lutein Esters include Chenguang Biotech Group Co.,Ltd., Kemin Industries, Qingdao Scitech Biotech Co., Ltd., Synthite, OmniActive, Katra Phytochem Pvt ltd., Piveg, Divis, Lycored, IOSA, etc. In 2021, the global top five players had a share approximately 54.0% in terms of revenue.
About QYResearch
QYResearch founded in California, USA in 2007.It is a leading global market research and consulting company. With over 16 years’ experience and professional research team in various cities over the world QY Research focuses on management consulting, database and seminar services, IPO consulting, industry chain research and customized research to help our clients in providing non-linear revenue model and make them successful. We are globally recognized for our expansive portfolio of services, good corporate citizenship, and our strong commitment to sustainability. Up to now, we have cooperated with more than 60,000 clients across five continents. Let’s work closely with you and build a bold and better future.
QYResearch is a world-renowned large-scale consulting company. The industry covers various high-tech industry chain market segments, spanning the semiconductor industry chain (semiconductor equipment and parts, semiconductor materials, ICs, Foundry, packaging and testing, discrete devices, sensors, optoelectronic devices), photovoltaic industry chain (equipment, cells, modules, auxiliary material brackets, inverters, power station terminals), new energy automobile industry chain (batteries and materials, auto parts, batteries, motors, electronic control, automotive semiconductors, etc.), communication industry chain (communication system equipment, terminal equipment, electronic components, RF front-end, optical modules, 4G/5G/6G, broadband, IoT, digital economy, AI), advanced materials industry Chain (metal materials, polymer materials, ceramic materials, nano materials, etc.), machinery manufacturing industry chain (CNC machine tools, construction machinery, electrical machinery, 3C automation, industrial robots, lasers, industrial control, drones), food, beverages and pharmaceuticals, medical equipment, agriculture, etc.
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Lutein - Latest Trends and Future Growth Study by 2033
Lutein is a carotenoid pigment that is found in fruits and vegetables. It is also found in the human eye, which helps protect the retina from damage. Lutein is thought to play a role in maintaining healthy vision and preventing age-related macular degeneration.
Lutein supplements are typically made from marigold flowers. The flower extract is high in lutein and zeaxanthin, two carotenoids that are important for eye health. Lutein supplements are usually taken in the form of capsules or tablets.
In recent years, there has been an increase in the use of lutein-enriched foods and supplements. This is due to the growing body of evidence that suggests lutein may help to protect against age-related macular degeneration (AMD) and cataracts.
Lutein is also being added to a variety of other products, such as baby formula, sports drinks, and cosmetics.
Research Objectives
Estimates and forecast the overall market size for the total market, across product, service type, type, end-user, and region
Detailed information and key takeaways on qualitative and quantitative trends, dynamics, business framework, competitive landscape, and company profiling
Identify factors influencing market growth and challenges, opportunities, drivers and restraints
Identify factors that could limit company participation in identified international markets to help properly calibrate market share expectations and growth rates
Trace and evaluate key development strategies like acquisitions, product launches, mergers, collaborations, business expansions, agreements, partnerships, and R&D activities
Thoroughly analyze smaller market segments strategically, focusing on their potential, individual patterns of growth, and impact on the overall market
To thoroughly outline the competitive landscape within the market, including an assessment of business and corporate strategies, aimed at monitoring and dissecting competitive advancements.
Identify the primary market participants, based on their business objectives, regional footprint, product offerings, and strategic initiatives
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Key Trends
As the demand for lutein-containing products continues to grow, so does the need for new and innovative ways to produce this important nutrient. Here are some of the key trends in lutein technology:
1. Microencapsulation
Microencapsulation is a process in which tiny particles of lutein are enclosed in a protective coating. This helps to preserve the nutrient and make it more bioavailable.
2. Nanoparticles
Nanoparticles are even smaller than microencapsulated particles. They offer the potential to improve the absorption of lutein and other nutrients.
3. Liposomes
Liposomes are tiny spheres of fat that can be used to deliver nutrients to the body. They are being studied as a potential way to improve the absorption of lutein and other nutrients.
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Meticulous Research® Unveils Latest Insights on Global Plant Extracts Market, Projected to Reach $63.26 Billion by 2031
Growing Demand for Natural Products and Herbal Supplements Fuels Market Growth
Meticulous Research®, a leading provider of global market intelligence, has released a new comprehensive report titled, "Plant Extracts Market Size, Share, Forecast, & Trends Analysis by Product (Essential Oils, Oleoresins, Flavonoids, Carotenoids), Form (Liquid), Source (Herbs & Spices, Fruits & Vegetables), Application (Food & Beverages, Cosmetics) - Global Forecast to 2031." This report provides an in-depth analysis of the plant extracts market, which is forecasted to grow at a Compound Annual Growth Rate (CAGR) of 8.7% from 2024 to 2031, reaching a market size of $63.26 billion by 2031.
1 Market Drivers and Opportunities
The global plant extracts market is witnessing significant growth, driven by increased consumer awareness of the benefits of natural products, heightened demand for natural colors and flavors, and a surge in the popularity of herbal supplements. Consumers are increasingly seeking clean-label and health-conscious products, which is fueling the demand for plant-based ingredients across various industries.
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However, market growth may be moderated by challenges such as the availability of lower-cost substitutes and fluctuating raw material prices. Nonetheless, the expanding demand for cosmetics and the rising use of oleoresins in animal feed present substantial opportunities for industry participants. The market is also experiencing two key trends: the increasing prevalence of clean-label products and a growing focus on health and wellness.
2 Market Segmentation
The plant extracts market is segmented into several categories:
By Product Type: Key product segments include essential oils, oleoresins, flavonoids, alkaloids, carotenoids, and others. In 2024, the essential oils segment is expected to account for over 44.9% of the market. Essential oils are gaining prominence due to their wide use in industries such as food & beverages, cosmetics, and personal care, as well as their recognized health benefits, including antifungal, antibacterial, and wound-healing properties.
By Form: The market is divided into liquid and dry plant extracts. The liquid plant extracts segment is forecasted to lead the market in 2024, thanks to its versatility and ease of incorporation into various products. Liquid extracts are especially favored in cosmetics, personal care, food, and beverage industries for their ability to enhance product homogeneity and simplify dosing.
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By Source: The market is categorized by source into herbs & spices, fruits & vegetables, and flowers. Herbs & spices are expected to dominate with over 53.2% of the market in 2024, driven by their increasing use in Ayurveda, cosmetics, personal care, and the food & beverage industry. The therapeutic properties of herbs & spices, such as antioxidant and anti-inflammatory effects, are also contributing to their growing popularity.
By Application: Key application areas for plant extracts include food & beverages, cosmetics & personal care, pharmaceuticals & nutraceuticals, animal feed, and others. The food & beverages segment is expected to capture 44.9% of the market in 2024, driven by the growing demand for natural ingredients, such as plant-based antioxidants and flavoring agents, that extend shelf life and enhance product quality.
3 Geographic Insights
The report provides a detailed analysis of key geographical regions, including North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. In 2024, the Asia-Pacific region is projected to account for over 35.7% of the global market, with an estimated value of $12.62 billion. The region's growth is supported by rising disposable incomes, changing consumer lifestyles, increased demand for processed foods, and a growing preference for herbal supplements. Additionally, the abundant supply of raw materials and a robust local food and beverage production industry are further boosting market growth in the region.
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4 Key Market Players
The global plant extracts market is moderately competitive, with a mix of large multinational companies and smaller regional players. Some of the prominent companies in the market include:
Arjuna Natural Extracts Ltd. (India)
Döhler GmbH (Germany)
Givaudan SA (Switzerland)
International Flavors & Fragrances Inc (U.S.)
Synthite Industries Ltd (India)
Sensient Technologies Corporation (U.S.)
Symrise AG (Germany)
Synergy Flavors Inc. (U.S.)
doTERRA International, LLC (U.S.)
ROBERTET SA (France)
These key players are focused on strategic initiatives such as product development, mergers, and acquisitions to strengthen their market position and cater to the growing demand for natural plant-based ingredients. Quick Buy : https://www.meticulousresearch.com/Checkout/14823546
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Animal Nutrition Market SWOT Analysis (2024-2030)
According to HTF Market Intelligence, theGlobal Animal Nutrition market to witness a CAGR of 3.5% during forecast period of 2024-2030. EMEA Animal Nutrition Market Breakdown by Application (Veterinarians, Animal Feed Manufacturers, Households, Farms, Other) by Type (Amino Acids, Carotenoids, Minerals, Lipids, Vitamins, Pet Food) by Species (Poultry, Ruminant, Aquaculture, Swine, Others) and by Geography (Germany, France, Italy, United Kingdom, Nordics, Rest of Europe). The Animal Nutrition market size is estimated to increase by USD Billion at a CAGR of 3.5% from 2024 to 2030.. Currently, market value is pegged at USD 40.74 Billion.
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Animal nutrition involves providing animals with the appropriate nutrients to maintain health, promote growth, and support specific functions. This applies to both livestock and pets.
Some of the key players profiled in the study are Cargill (United States), DSM (Netherlands), Nutreco (Netherlands), Evonik (Germany), Alltech (United States), Kemin Industries (United States), Adisseo (France), BASF SE (Germany), Novozymes (Denmark), Perstorp (Sweden).
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HTF Market Intelligence is a leading market research company providing end-to-end syndicated and custom market reports, consulting services, and insightful information across the globe. HTF MI integrates History, Trends, and Forecasts to identify the highest value opportunities, cope with the most critical business challenges and transform the businesses. Analysts at HTF MI focuses on comprehending the unique needs of each client to deliver insights that are most suited to his particular requirements.
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Craig Francis (PR & Marketing Manager) HTF Market Intelligence Consulting Private Limited Phone: +15075562445 [email protected]
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Carotenoids Market Rises with Nutraceutical Preference and Tech Evolution
Surging demand in nutraceuticals and advancements in extraction technologies is expected to drive the Global Carotenoids Market growth in the forecast period, 2025-2029
According to TechSci Research report, “Carotenoids Market – Global Industry Size, Share, Trends, Competition Forecast & Opportunities, 2029”, the Global Carotenoids Market stood at USD 1.78 Billion in 2023 and is anticipated to grow with a CAGR of 4.57% in the forecast period, 2025-2029. The Global Carotenoids Market is propelled by several key drivers. Primarily, the increasing consumer awareness about the health benefits of carotenoids, such as their antioxidant properties and their role in reducing the risk of chronic diseases, is driving market growth.
Additionally, the rising demand for natural colorants in the food and beverage industry is contributing to the market's expansion. Furthermore, the growth of the animal feed industry, where carotenoids are commonly used, is also a significant factor. Ongoing research and development, leading to the discovery of new health benefits and applications of carotenoids, acts as a catalyst for the market's growth.
The global carotenoids market is currently experiencing a remarkable growth trajectory. This surge can be attributed to multiple factors that are driving its expansion. Firstly, there is a growing consumer awareness about the various health benefits associated with carotenoid consumption. These benefits include not only improved vision, enhanced immune function, and a reduced risk of chronic diseases but also their potential role in supporting cardiovascular health and promoting healthy aging.
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As a result of this increasing awareness, there is a surging demand for carotenoids in the food and beverage industry, where natural colorants are highly sought after. Carotenoids are not only used to enhance the visual appeal of food products but also to provide added nutritional value. Their vibrant hues, ranging from yellow to red, not only make food visually appealing but also signify the presence of important antioxidants. Moreover, carotenoids play a crucial role in the cosmetics and pharmaceuticals sectors. Their antioxidant properties and ability to promote skin health have made them a popular ingredient in skincare products and supplements. In addition to their potential benefits for skin health, carotenoids are also being explored for their potential role in protecting against UV-induced skin damage and promoting a youthful complexion.
Looking ahead, the market's outlook remains highly positive. Ongoing innovation and research efforts are expected to unlock new applications for carotenoids in various industries in the coming years. For instance, there is growing interest in using carotenoids as functional ingredients in nutraceuticals and dietary supplements, as well as in the development of novel drug delivery systems. With their wide range of benefits and versatile properties, carotenoids are poised to play an even more significant role in promoting health and well-being across different sectors, contributing to the overall growth and expansion of the global carotenoids market. Furthermore, the increasing focus on sustainable and plant-based products has also contributed to the growth of the carotenoids market. Consumers are now more conscious of the environmental impact of their choices and are seeking natural alternatives. Carotenoids, derived from fruits, vegetables, and algae, provide a sustainable and eco-friendly option for various industries.
Additionally, technological advancements in extraction and purification techniques have improved the availability and quality of carotenoids, further fueling their market growth. These advancements have made it possible to extract carotenoids from a wider range of sources, including by-products from the food industry, reducing waste and maximizing resource utilization. The global carotenoids market is witnessing significant growth due to factors such as increasing consumer awareness, demand for natural colorants, and their versatile applications in various industries. With ongoing research and innovation, as well as the focus on sustainability, the market is expected to continue expanding in the coming years, offering new opportunities and benefits across different sectors.
The Global Carotenoids Market is segmented into source, type, application, formulation, regional distribution, and company
Based on formulation, Powder form currently dominates the market due to its broad range of applications in the food, feed, and pharmaceutical sectors. Its versatility makes it a preferred choice for various industries, allowing for convenient handling and storage. Additionally, the fine particle size and homogeneous nature of powdered substances contribute to improved solubility and dispersion, enhancing their effectiveness in different formulations and processes.
With its ability to dissolve easily, powdered substances offer enhanced solubility, ensuring that they can be effectively incorporated into various formulations. Moreover, their homogeneous nature enables consistent dispersion, guaranteeing uniformity throughout the product. This not only enhances the overall effectiveness of the substances but also facilitates their integration into different manufacturing processes. The convenience of handling and storage further adds to the appeal of powder form.
The fine particle size allows for easy measuring and accurate dosing, making it a reliable choice for precise applications. Additionally, the stability and longer shelf life of powdered substances ensure that they can be stored for extended periods without compromising their quality. Considering these factors, it's no wonder that powder form continues to dominate the market, catering to the diverse needs of industries and providing improved solubility, dispersion, and convenience.
Based on region, The North American region holds a dominant position in the global carotenoids market, mainly attributed to the increasing consumer awareness about the multitude of health benefits associated with carotenoids. These powerful antioxidants are known to promote eye health, boost immune function, and reduce the risk of chronic diseases. Moreover, the growing preference for natural and organic products among consumers has fueled the demand for carotenoids in various industries including food, pharmaceuticals, and cosmetics.
In addition to consumer awareness and demand, the strong presence of key market players in North America further contributes to its leading position. Established companies with extensive research and development capabilities are continuously innovating in the field of carotenoid extraction methods, resulting in improved product quality and efficiency. Technological advancements, such as advanced extraction techniques and sustainable sourcing methods, have propelled the market growth in this region. With a combination of consumer awareness, demand for natural products, and ongoing advancements in technology and research, North America continues to be a frontrunner in the global carotenoids market.
Major companies operating in Global Carotenoids Market are:
Koninklijke DSM N.V.
BASF SE
Chr. Hansen Inc.
Cyanotech Corporation
Allied Biotech Corporation
Lycored Limited
Kemin Industries Inc.
Fuji Chemical Industry Co Ltd.
Novus International Inc. (Carotenoid Technologies, S.A.)
Döhler Group
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“The future of the global carotenoids market looks incredibly promising as it is poised for substantial growth. This is primarily driven by the increasing awareness of health among consumers and the growing demand for natural and organic beauty products. As people become more knowledgeable about the numerous health benefits of carotenoids, especially their exceptional antioxidant properties and pro-vitamin A characteristics, their application in the dietary supplement, food, and cosmetics industries is expected to witness significant expansion.
Moreover, environmental factors also play a crucial role in shaping the future of the carotenoids market. With mounting concerns about synthetic additives and a growing preference for clean and sustainable ingredients, the demand for carotenoids is anticipated to further fortify the market's continued evolution and expansion. This shift towards natural alternatives is likely to drive the transformation of the global carotenoids market, making it a thriving and dynamic industry.,” said Mr. Karan Chechi, Research Director with TechSci Research, a research-based management consulting firm.
“Carotenoids Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2019-2029 Segmented By Source (Synthetic Carotenoids and Natural Carotenoids), By Type (Astaxanthin, Beta-Carotene, Lutein, Lycopene, Canthaxanthin, and Zeaxanthin, Others), By Application (Feed, Food & Beverages, Dietary Supplements, Cosmetics, and Pharmaceuticals), By Formulation (Beadlet, Powder, Oil Suspension and Emulsion), By Region and Competition”, has evaluated the future growth potential of Global Carotenoids Market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in Global Carotenoids Market.
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