Industry Experts – Market Research Reports

Industry Experts caters the market research needs of a broad range of industry verticals comprising Automotive, Healthcare, Food & Beverage, Telecom & Internet, Chemicals & Plastics, Biotechnology and Consumer Goods. The company also provides customized market research and industry analysis services for a wide range of industry sectors.

30 Aug

Global Carotenoids Market Projected to Surpass $2 Billion by 2024, See Which Product Types and How their Applications Contribute the Growth – Market Report (2017-2024) by Industry Experts, Inc.

Posted in Healthcare, News on 30.08.18 by IE Admin

Industry Experts, Inc. published the new market research report “Global Carotenoids Market – Products and Applications“. Visionary analysts at Industry Experts reveal that the dietary supplements sector will lead growth of the market for Carotenoids consumption globally and market likely to touch US$2.2 billion by 2024.

Animal feed and food & beverage sectors are currently the largest markets for carotenoids globally. Carotenoids are used on a large scale in animal feeds, which is acting as the key growth driver of this market due to their high nutritive value and the pigmentation, which increases the palatability of the feed, in addition to enhancing the appearance of meat, meat products and fish. Growing awareness among consumers about benefits of carotenoids, greater emphasis on a healthy lifestyle and rising incidences of various diseases across the globe is driving the demand for carotenoids in dietary supplements and cosmetic industries.

Global demand for carotenoids by product is led by astaxanthin, estimated to account for about 32% in 2017, which is further projected to reach US$772 million by 2024. Carotenoids worldwide market is anticipated to touch US$1.5 billion in 2018.

global carotenoids market

The report reviews, analyses and projects the Carotenoids market for global and the regional markets including the North America, Europe, Asia-Pacific and Rest of World for the period 2015-2024 in terms of value in USD. These regional markets further analyzed for 13 independent countries across North America – The United States, Canada and Mexico; Europe – Germany, France, Italy, Spain and The United Kingdom; Asia-Pacific – Australia, China, India, Japan and South Korea.

Carotenoid types analyzed in this study include Astaxanthin, Canthaxanthin, Beta-Carotene, Lutein, Lycopene, Annatto and Others. The study also explores the applications markets for carotenoids covering Food & Beverages, Cosmetics, Dietary Supplements, Animal Feed and Pharmaceuticals.

This 344 page global carotenoids market report includes 197 charts (includes a data table and graphical representation for each table), supported with a meaningful and easy to understand graphical presentation, of the market. The statistical tables represent the data for the global market by geographic region, product type and major application. This report profiles 19 key global players and 55 major players across the North America – 15; Europe – 8; Asia-Pacific – 26; and Rest of World – 6. The report also provides the listing of the companies engaged in research & development, manufacturing and supply of carotenoids. The global list of companies covers addresses, contact numbers and the website addresses of 306 companies.

California, USA based Industry Experts, Inc. is a multi-industry focused business information provider.

For more details, please visit http://industry-experts.com/verticals/healthcare-and-pharma/global-carotenoids-market-products-and-applications

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16 Mar

Rising Popularity of Astaxanthin Health Benifits to Drive the Global Market to exceed $1 billion by 2020

Posted in Healthcare, News on 16.03.15 by IE Admin

Industry Experts has unveiled the new market research report on Astaxanthin. The new global report ‘Global Astaxanthin Market – Sources, Technologies and Applications’ reveals that the market for Astaxanthin is projected to touch US$1.1 billion by 2020 equated to 670 metric tons from an estimated US$447 million in 2014. Haematococcus pluvialis microalgae-derived astaxanthin market is poised to emerge as the fastest growing, reaching a projected US$828 million by 2020 from an estimated US$180 million in 2014, with a compounded annual growth rate (CAGR) of 29% between 2014 and 2020.

Astaxanthin has been widely used in aquaculture industry for pigmentation of salmon, trout and shrimps; used for its antioxidant and other health benefits in nutraceutical industry; used in cosmetics for its skin care and anti-aging properties; and also used for fortification of foods and beverages. On commercial scale, astaxanthin is currently produced through chemical synthesis and also derived from natural sources such as Phaffia yeast, Paracoccus bacteria, shrimp bi-products and Haematococcus pluvialis (H. pluvialis) microalgae, with the current major natural source of astaxanthin being the Haematococcus pluvialis microalgae.

In recent years, there has been a growing trend toward using natural ingredients in all forms of food nutrients including the nutraceutical and cosmetic markets, resulting from increasing concerns for consumer safety and regulatory issues over the introduction of synthetic chemicals into the human food chain. The demand for natural astaxanthin derived from Haematococcus pluvialis algae in the global market has been “sky-rocketing” in recent years owing to increasing consumer awareness of its health benefits.

Global market for both synthetic and natural source astaxanthin in aqua feed, nutraceuticals, cosmetics and food & beverages is estimated at 280 metric tons valued at US$447 million in 2014, is further projected to reach 670 metric tons valued at US$1.1 billion by 2020. Synthetic astaxanthin, astaxanthin rich Phaffia yeast and Paracoccus bacteria are predominantly used in the aquaculture sector, while the astaxanthin derived from H. pluvialis is the main source for human applications such as dietary supplements, cosmetics and food & beverages.

Astaxanthin products analyzed in this study include Synthetic Astaxanthin, Haematococcus pluvialis Microalgae Astaxanthin and astaxanthin rich Paracoccus bacteria. End-use application markets covered in the report are Aqua Feed, Nutraceuticals, Cosmetics and Food & Beverages. The report reviews, analyses and projects the astaxanthin market for global and the regional markets including North America, South America, Europe, Japan, Asia-Pacific (excluding Japan) and Rest of World. The report also provides a special focus on various astaxanthin production technologies employed by key market players, including Chemical Synthesis; Microalgae Cultivation, Harvesting, Drying and Astaxanthin Extraction; and Bacteria Fermentation.

The 316 page global market report includes 128 charts (includes a data table and graphical representation for each chart), supported with meaningful and easy to understand graphical presentation, of market numbers. This report profiles 46 key market players segmented by synthetic Astaxanthin manufacturers – 5; natural source Astaxanthin manufacturers including new entrants – 41. In addition, the report provides the list of key market players that comprises contact numbers, websites and addresses.

Hyderabad, India based Industry Experts is a multi industry focused business information provider.
For more details, please visit http://industry-experts.com/verticals/healthcare-and-pharma/global-astaxanthin-market-sources-technologies-and-applications

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