Report Scope:
This report is an update of the BCC Research report FOD025F, The Global Market for Carotenoids, which was published in 2018. While no new types of carotenoids have come on the market in the last three years and no fundamentally new manufacturing technology has been introduced, the market for carotenoids has changed significantly for some product segments. Prices have dropped for a number of products while market value has risen for others.

Producers and users of carotenoids need an up-to-date analysis of the current situation and a well-documented forecast for future trends in the industry as the basis for their strategic and business planning. The report may also help players in other ingredient markets that are considering diversifying to determine whether carotenoids would be a good fit.

The report reviews the global markets for the following commercialized carotenoids -

  • Annatto.
  • Astaxanthin.
  • Beta-carotene.
  • Beta-apo-8-carotenal.
  • Beta-apo-8-carotenal-ester.
  • Canthaxanthin.
  • Capsanthin and paprika extract.
  • Lutein.
  • Lycopene.
  • Zeaxanthin.


Report Includes:

  • 70 data tables and 35 additional tables
  • An overview of the global market for carotenoids
  • Estimation of the market size and analyses of global market trends, with data from 2021, estimates for 2022 with projections of compound annual growth rates (CAGRs) through 2027
  • A review of commercial carotenoids with the objective of providing detailed insight into production technologies, market developments and market dynamics
  • Details on Annatto, Astaxanthin, Beta-carotene, Beta-apo-8-carotenal, Beta-apo-8-carotenal-ester, Canthaxanthin, Capsanthin and paprika extract, Lutein, Lycopene and Zeaxanthin, and coverage of their production process, regulatory framework, and applications
  • Information concerning the relevance of different production systems, application segments and regional distribution
  • Market share analysis of the key companies of the industry and coverage of their proprietary technologies, strategic alliances and other key market strategies
  • Comprehensive company profiles of the leading players of the industry, including Algatechnologies Ltd., BASF SE, Cyanotech Corp., Kemistar Industries Inc. and Vidya Europe