2026 Global: Carotenoids-Competitive Review (2032) report
Description
The 2026 Global: Carotenoids-Competitive Review (2031) report features the global market size and projected growth/decline data for the period 2021 through 2032. The report primarily provides an examination of the business strategies for the ten largest global companies in the market and how their strategies differ.
Perry/Hope Partners' reports provide the most accurate industry forecasts based on our proprietary economic models. Our forecasts project the product market size nationally and by regions for 2021 to 2032 using regression analysis in our modeling. and Perry/Hope is the only market research publisher that utilizes both longitudinal (historical) and vertical (from market section to market division to market class) analysis, since we study every manufactured product in the countries we analyze. The report also provides written analysis on the market definition, market segments, and SWOT analysis (market strengths, weaknesses, opportunities, and threats).
The market study aims at estimating the market size and the growth potential of this market. Topics analyzed within the report include a detailed breakdown of the global markets for carotenoids by geography and historical trend. The scope of the report extends to sizing of the carotenoids market and global market trends with market data for 2024 as the base year, 2025 and 2026 as the estimate years with projection of CAGR from 2027 to 2032.
The report also features a list of the top ten largest global players in the market. A review of each company includes 1) an estimate of the market share, 2) a listing of the products and/or services in the market, and 3) the features of these products and/or services in the market. The report has a chapter on Comparative Business Strategies for the largest four players. An example of the Comparative Business Strategies analysis would be -- How does Netflix's business strategy to expand its market share in the global online streaming compare to Amazon Prime's business strategy through its video products and services?
The ten market players in this report and a brief synopsis of their participation in the market are:
DSM (Royal DSM) and BASF lead the global carotenoids sector with extensive portfolios spanning beta‑carotene, lutein and specialty astaxanthin products for food, feed, supplements and cosmetics, supported by large-scale manufacturing and R&D investments that secure supply and regulatory compliance for multinational customers. Cyanotech and Algatech/AlgaTechnologies focus on microalgae‑derived astaxanthin and other natural pigments, supplying premium, sustainable ingredients to nutraceutical and aquaculture markets where natural sources command higher margins.
Kemin Industries and Lycored supply a mix of synthetic and natural carotenoids, with Kemin notable for feed and animal‑health applications and Lycored for tomato‑derived lycopene and consumer‑facing supplements and functional‑food ingredients; both companies emphasize formulation support and global distribution networks. Chr. Hansen (Hansen) and Givaudan (including Döhler and other taste & wellbeing groups) integrate carotenoids into broader ingredient portfolios for food, beverage and personal‑care customers, leveraging flavor, microencapsulation and application know‑how to deliver stable, clean‑label color and health claims.
Cyanotech’s peer group (including NHU, Cyanotech Corporation, Sensient and Novus/ADM) and specialty color houses such as DDW The Color House, D.D. Williamson and Divi’s Nutraceuticals provide tailored color solutions and niche carotenoids (zeaxanthin, canthaxanthin, lutein esters) for industrial customers, while regional players and biotech startups (Allied Biotech, Hunan Sunfull, Gadot Biochemical and others) expand capacity for cost‑competitive extracts and algal production to meet rising demand from aquaculture and supplements.
Perry/Hope Partners' reports provide the most accurate industry forecasts based on our proprietary economic models. Our forecasts project the product market size nationally and by regions for 2021 to 2032 using regression analysis in our modeling. and Perry/Hope is the only market research publisher that utilizes both longitudinal (historical) and vertical (from market section to market division to market class) analysis, since we study every manufactured product in the countries we analyze. The report also provides written analysis on the market definition, market segments, and SWOT analysis (market strengths, weaknesses, opportunities, and threats).
The market study aims at estimating the market size and the growth potential of this market. Topics analyzed within the report include a detailed breakdown of the global markets for carotenoids by geography and historical trend. The scope of the report extends to sizing of the carotenoids market and global market trends with market data for 2024 as the base year, 2025 and 2026 as the estimate years with projection of CAGR from 2027 to 2032.
The report also features a list of the top ten largest global players in the market. A review of each company includes 1) an estimate of the market share, 2) a listing of the products and/or services in the market, and 3) the features of these products and/or services in the market. The report has a chapter on Comparative Business Strategies for the largest four players. An example of the Comparative Business Strategies analysis would be -- How does Netflix's business strategy to expand its market share in the global online streaming compare to Amazon Prime's business strategy through its video products and services?
The ten market players in this report and a brief synopsis of their participation in the market are:
DSM (Royal DSM) and BASF lead the global carotenoids sector with extensive portfolios spanning beta‑carotene, lutein and specialty astaxanthin products for food, feed, supplements and cosmetics, supported by large-scale manufacturing and R&D investments that secure supply and regulatory compliance for multinational customers. Cyanotech and Algatech/AlgaTechnologies focus on microalgae‑derived astaxanthin and other natural pigments, supplying premium, sustainable ingredients to nutraceutical and aquaculture markets where natural sources command higher margins.
Kemin Industries and Lycored supply a mix of synthetic and natural carotenoids, with Kemin notable for feed and animal‑health applications and Lycored for tomato‑derived lycopene and consumer‑facing supplements and functional‑food ingredients; both companies emphasize formulation support and global distribution networks. Chr. Hansen (Hansen) and Givaudan (including Döhler and other taste & wellbeing groups) integrate carotenoids into broader ingredient portfolios for food, beverage and personal‑care customers, leveraging flavor, microencapsulation and application know‑how to deliver stable, clean‑label color and health claims.
Cyanotech’s peer group (including NHU, Cyanotech Corporation, Sensient and Novus/ADM) and specialty color houses such as DDW The Color House, D.D. Williamson and Divi’s Nutraceuticals provide tailored color solutions and niche carotenoids (zeaxanthin, canthaxanthin, lutein esters) for industrial customers, while regional players and biotech startups (Allied Biotech, Hunan Sunfull, Gadot Biochemical and others) expand capacity for cost‑competitive extracts and algal production to meet rising demand from aquaculture and supplements.
Table of Contents
32 Pages
- 1.0 Scope of Report and Methodology
- 2.0 Market SWOT Analysis and Players
- 2.1 Market Definition
- 2.2 Market Segments
- 2.3 Market Strengths
- 2.4 Market Weaknesses
- 2.5 Market Threats
- 2.6 Market Opportunities
- 2.7 Major Players
- 3.0 Competitive Analysis
- 3.1 Market Player 1
- 3.2 Market Player 2
- 3.3 Market Player 3
- 3.4 Market Player 4
- 3.5 Market Player 5
- 3.6 Market Player 6
- 3.7 Market Player 7
- 3.8 Market Player 8
- 3.9 Market Player 9
- 3.10 Market Player 10
- 4.0 Comparative Business Strategies
- 4.1 Comparative Business Strategies of Player 1 and 2
- 4.2 Comparative Business Strategies of Player 1 and 3
- 4.3 Comparative Business Strategies of Player 1 and 4
- 4.4 Comparative Business Strategies of Player 2 and 3
- 4.5 Comparative Business Strategies of Player 2 and 4
- 4.6 Comparative Business Strategies of Player 3 and 4
- 5.0 Appendix
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