CAGR Value :
The global keto carotenoid canthaxanthin market size was valued at USD 1895.0 million in 2025 and is projected to reach USD 2496.0 million by 2032, exhibiting a CAGR of 4.1% during the forecast period.
Report Studies :
Keto carotenoid canthaxanthin is a potent natural antioxidant belonging to the carotenoid family. It is widely utilized across various industries due to its vibrant red-orange pigment and health benefits. The compound is primarily segmented into food grade and feed grade variants, catering to applications in food, beverage, pharmaceutical, feed, and other sectors.
By Types :
Food Grade
Grade
By Applications :
Food
Key Industry Players
• DSM
• Novus International
• Zhejiang Medicine Co., Ltd.
• BASF SE
• Givaudan (Naturex)
• Allied Biotech Corporation
• Chr. Hansen Holding A/S
• D.D. Williamson & Co., Inc.
• FMC Corporation
• Kemin Industries, Inc.
• Piveg, Inc.
• Zhejiang NHU Co., Ltd.
• Hubei Widely Chemical Technology Co., Ltd.
• Divis Laboratories Ltd.
• Vidya Europe SAS