Latin America Carotenoids Market Trends, And Forecasts (2018-2023)
Latin America Carotenoids Market had a market value of USD 0.16 billion in 2018 and is forecasted to exhibit a CAGR of 3.32% and reach USD 0.19 billion by 2023.
(EMAILWIRE.COM, August 22, 2018 ) Latin America Carotenoids Market had a market value of USD 0.16 billion in 2018 and is forecasted to exhibit a CAGR of 3.32% and reach USD 0.19 billion by 2023.
The Carotenoids market is predicted to showcase huge potential in the forecasting period. The market has continued to gain momentum with the increase in the demand of people for carotenoids found in natural sources.
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Carotenoids are class of plant pigments responsible for the bright red, orange and yellow hues in various fruits and vegetables. These are also important for maintenance of a plant’s health as well as human health on consumption of these fruits and vegetables. They assist plants in the process of photosynthesis by helping them in absorbing light energy and are thus the reason behind the colour of plants or the fruits & vegetables. They also act as antioxidants in plants as well as human body.
The rise in the demand for natural colorants has been driving the growth of Latin America Carotenoids Market over the recent years. Other major factors responsible for the market growth include expanding end use applications, preventive healthcare and nutraceuticals, industrialization in sectors like pork, poultry and aquaculture. The market also faces some challenges and restraints. These include harmful effects of over dose of carotenoids, stringent government regulations and approval norms and lack of R&D in remote regions. These factors have been holding the market down from reaching its complete potential, and are required to be dealt with.
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The Latin America Carbohydrase market is broadly classified on the basis of type, source and application. The segmentation on the basis of type is done under Beta-Carotene, Astaxanthin, Lutein, Canthaxanthin, Lycopene, and Zeaxanthin. On the basis of source, the market is categorized into Synthetic and Natural. Lastly the segmentation is done on the basis of application under Cosmetics, Supplements, Feed, and Food. On the basis of geography, the Latin America market is analysed under various regions namely Brazil, Argentina, Mexico and rest of Latin America.
Segmentation Of Report
The Market Have Been Segmented By
Type
Size
Source and
Application
Market Key Players
Among various big companies in the Latin America Carotenoids Market, the major ones are BASF SE,
Chr. Hansen A/S,
FMC Corporation,
Royal DSM N.V.,
Cyanotech Corporation,
Kemin Industries Inc.,
Döhler Group,
Allied Biotech Corporation,
D.D. Williamson & Co., Inc.,
Excelvite SDN. BHD.
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The Carotenoids market is predicted to showcase huge potential in the forecasting period. The market has continued to gain momentum with the increase in the demand of people for carotenoids found in natural sources.
Browse For Full Report @ https://marketdataforecast.com/market-reports/la-carotenoids-market-2420/
Carotenoids are class of plant pigments responsible for the bright red, orange and yellow hues in various fruits and vegetables. These are also important for maintenance of a plant’s health as well as human health on consumption of these fruits and vegetables. They assist plants in the process of photosynthesis by helping them in absorbing light energy and are thus the reason behind the colour of plants or the fruits & vegetables. They also act as antioxidants in plants as well as human body.
The rise in the demand for natural colorants has been driving the growth of Latin America Carotenoids Market over the recent years. Other major factors responsible for the market growth include expanding end use applications, preventive healthcare and nutraceuticals, industrialization in sectors like pork, poultry and aquaculture. The market also faces some challenges and restraints. These include harmful effects of over dose of carotenoids, stringent government regulations and approval norms and lack of R&D in remote regions. These factors have been holding the market down from reaching its complete potential, and are required to be dealt with.
Request Sample Report @ https://marketdataforecast.com/market-reports/la-carotenoids-market-2420/request-sample
The Latin America Carbohydrase market is broadly classified on the basis of type, source and application. The segmentation on the basis of type is done under Beta-Carotene, Astaxanthin, Lutein, Canthaxanthin, Lycopene, and Zeaxanthin. On the basis of source, the market is categorized into Synthetic and Natural. Lastly the segmentation is done on the basis of application under Cosmetics, Supplements, Feed, and Food. On the basis of geography, the Latin America market is analysed under various regions namely Brazil, Argentina, Mexico and rest of Latin America.
Segmentation Of Report
The Market Have Been Segmented By
Type
Size
Source and
Application
Market Key Players
Among various big companies in the Latin America Carotenoids Market, the major ones are BASF SE,
Chr. Hansen A/S,
FMC Corporation,
Royal DSM N.V.,
Cyanotech Corporation,
Kemin Industries Inc.,
Döhler Group,
Allied Biotech Corporation,
D.D. Williamson & Co., Inc.,
Excelvite SDN. BHD.
Buy Now @ https://marketdataforecast.com/cart/buy-now/la-carotenoids-market-2420
About MarketDataForecast
Market Data Forecast is a market research firm offering syndicated research, consults and industry newsletters across various domains & verticals. With a well-established in-house team of experts from diverse fields and outsource research network across 100+ countries, we are the sole research providers for the majority of Fortune 500 companies. Along with the standards of reports being on par excellence, our unique services like free customization, analyst support for the period of six months post to the purchase will be the flag bearers and differentiates us from the rest. Our experience and in-depth understanding of various business environments will be a support to you and your organization in making well-informed decisions.
Contact Info:
Abhishek Shukla
Sales Manager
Market Data Forecast
Direct Line: +1-888-702-9626
Mobile: +91 998 555 0206
Mail: abhishek@marketdataforecast.com
Contact Information:
Market Data Forecast.
Abhishek Shukla
Tel: +1-888-702-9626
Email us
----
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Market Data Forecast.
Abhishek Shukla
Tel: +1-888-702-9626
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results