Carotene Powder Market
Carotene Powder Market Scope: Industry Analysis,
Market Size, Growth, Trends Till 2031
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Carotene Powder Market Size and Growth
The carotene powder market is experiencing robust growth, driven by increasing demand in food and beverage, cosmetics, and dietary supplements. As of 2023, the market size is valued at approximately USD 300 million and is projected to expand at a CAGR of 7% through 2030, influenced by health trends and natural colorant preferences. Request Sample Report
Companies Covered
(Covid 19 Impact Covered)
◍ DSM
◍ BASF
◍ Allied Bictech
◍ Chr Hansen
◍ LYCORED
◍ FMC Corporation
◍ DDW
◍ Zhejiang Medicine
◍ HJ-Rise International
◍ Zixin
◍ Wuhan Stars
The carotene powder market features key players like DSM, BASF, Chr Hansen, and LYCORED. These companies innovate formulations for food, cosmetics, and supplements, enhancing product offerings and driving market growth. Revenue from DSM (approximately $10 billion) and BASF (around $80 billion) highlights their significant market presence and investment in carotene innovation.
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Market Segmentation
By Application
Food and Beverages
Feed Supplement ◍ Cosmetic Additives ◍ Others
By Product
◍ Natural Product Extraction
Chemical Synthesis ◍ Fermentation Method
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Market Growth
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$ X Billion USD
