Lucintel Forecasts the Global Keto Carotenoid Canthaxanthin Market is expected to grow with a CAGR of 11.4% from 2025 to 2031
Lucintel Forecasts the Global Keto Carotenoid Canthaxanthin Market is expected to grow with a CAGR of 11.4% from 2025 to 2031
Blog Article
According to a market report by Lucintel, the future of the global keto carotenoid
canthaxanthin market looks promising with opportunities in the food, beverage,
pharmaceutical, and feed markets. The global keto carotenoid canthaxanthin market is
expected to grow with a CAGR of 11.4% from 2025 to 2031. The major drivers for this
market are the rising demand in animal feed, the increasing growth in cosmetics &
personal care products, and the increasing health & wellness trends.
A more than 150-page report to understand trends, opportunity and forecast in keto
carotenoid canthaxanthin market to 2031 by type (food grade and feed grade),
application (food, beverage, pharmaceutical, feed, and others), and region (North
America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that, within the type category, feed grade is expected to witness
higher growth over the forecast period due to the increasing demand in aquaculture and
poultry sectors.
Within the application category, feed is expected to witness the highest growth.
Download sample by clicking on keto carotenoid canthaxanthin market
In terms of region, APAC is expected to witness the highest growth over the forecast
period.
DSM, Novus International, Zhejiang Medicine, BASF, BioCrick are the major suppliers
in the keto carotenoid canthaxanthin market.
This unique research report will enable you to make confident business decisions in this
globally competitive marketplace. For a detailed table of contents, contact Lucintel at
+1-972-636-5056 or write us at helpdesk@lucintel.com To get access of more than
1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust
market & unmet needs analysis. We are based in Dallas, TX and have been a trusted
advisor for 1,000+ clients for over 20 years. We are quoted in several publications like
the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056
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