Carotenoids Market: Growth, Trends, and Emerging Opportunities
The global carotenoids market is on an impressive upward trajectory. Valued at USD 2.5 billion in 2024, the market is projected to reach USD 3.4 billion by 2029, growing at a CAGR of 6.3%. This surge is fueled by rising consumer demand for natural, nutrition-rich ingredients and expanding applications across food, beverage, cosmetics, and animal feed industries.
Why is the carotenoids market...
Carotenoids Market Size, Trends, Growth Drivers, Industry Overview, and Forecast
The carotenoids market size is projected to reach USD 3.4 billion by 2029 from USD 2.5 billion by 2024, at a CAGR of 6.3% during the forecast period in terms of value. Demand for dietary supplements is increasing, leading to higher consumption of natural carotenoids. There is a growing need for sustainable, natural, clean label, natural carotenoids that contribute to market expansion. Changing...