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Cryptoxanthin Market Report: Trends, Forecast and Competitive Analysis to 2030

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    Report

  • 150 Pages
  • January 2024
  • Region: Global
  • Lucintel
  • ID: 5969035
The global cryptoxanthin market is expected to reach an estimated $992.0 million by 2030 with a CAGR of 5.4% from 2024 to 2030.

The major drivers for this market are growing interest in functional foods and nutraceuticals, as well as health consciousness, rising awareness of health benefits of cryptoxanthin among people, as well as, increasing trend towards the organic and natural products. The future of the global cryptoxanthin market looks promising with opportunities in the food & beverage, dietary supplement, cosmetic and personal care, and nutraceutical markets.

Cryptoxanthin by Segment

The study includes a forecast for the global cryptoxanthin by source, distribution channel, application, end use, and region.

Cryptoxanthin Market by Source [Shipment Analysis by Value from 2018 to 2030]:

  • Fruit
  • Vegetable
  • Others

Cryptoxanthin Market by Distribution channel [Shipment Analysis by Value from 2018 to 2030]:

  • Supermarket and Hypermarket
  • Specialty Store
  • Online Retail
  • Others

Cryptoxanthin Market by Application [Shipment Analysis by Value from 2018 to 2030]:

  • Food & Beverage
  • Dietary Supplement
  • Cosmetic and Personal Care
  • Nutraceutical
  • Others

Cryptoxanthin Market by End Use [Shipment Analysis by Value from 2018 to 2030]:

  • Consumer (B2C)
  • Business (B2B)

Cryptoxanthin Market by Region [Shipment Analysis by Value from 2018 to 2030]:

  • North America
  • Europe
  • Asia Pacific
  • The Rest of the World

List of Cryptoxanthin Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies cryptoxanthin companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the cryptoxanthin companies profiled in this report include:
  • BASF
  • DSM
  • Kemin Industries
  • Naturex
  • Synthite Industries
  • Dohler
  • Aarkay Food Products

Cryptoxanthin Market Insights

Fruit will remain the larger segment over the forecast period because the citrus fruits like oranges, tangerines, grapefruits, and clementines naturally contain significantly higher levels of cryptoxanthin compared to most vegetables.

North America will remain the largest region over the forecast period due to the increased knowledge of carotenoids' health advantages and the rising demand for nutritional supplements.

Features of the Global Cryptoxanthin Market

  • Market Size Estimates: Cryptoxanthin market size estimation in terms of value ($M).
  • Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
  • Segmentation Analysis: Cryptoxanthin market size by source, distribution channel, application, end use, and region in terms of value ($M).
  • Regional Analysis: Cryptoxanthin market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
  • Growth Opportunities: Analysis of growth opportunities in different source, distribution channel, application, end use, and regions for the cryptoxanthin market.
  • Strategic Analysis: This includes M&A, new product development, and competitive landscape of the cryptoxanthin market.
  • Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

FAQ

Q1. What is the cryptoxanthin market size?
Answer: The global cryptoxanthin market is expected to reach an estimated $992.0 million by 2030.

Q2. What is the growth forecast for cryptoxanthin market?
Answer: The global cryptoxanthin market is expected to grow with a CAGR of 5.4% from 2024 to 2030.

Q3. What are the major drivers influencing the growth of the cryptoxanthin market?
Answer: The major drivers for this market are growing interest in functional foods and nutraceuticals, as well as health consciousness, rising awareness of health benefits of cryptoxanthin among people, as well as, increasing trend towards the organic and natural products.

Q4. What are the major segments for cryptoxanthin market?
Answer: The future of the global cryptoxanthin market looks promising with opportunities in the food & beverage, dietary supplement, cosmetic and personal care, and nutraceutical markets.

Q5. Who are the key cryptoxanthin market companies?
Answer: Some of the key cryptoxanthin companies are as follows:
  • BASF
  • DSM
  • Kemin Industries
  • Naturex
  • Synthite Industries
  • Dohler
  • Aarkay Food Products
Q6. Which cryptoxanthin market segment will be the largest in future?
Answer: The publisher forecasts that fruit will remain the larger segment over the forecast period because the citrus fruits like oranges, tangerines, grapefruits, and clementines naturally contain significantly higher levels of cryptoxanthin compared to most vegetables.

Q7. In cryptoxanthin market, which region is expected to be the largest in next 5 years?
Answer: North America will remain the largest region over the forecast period due to the increased knowledge of carotenoids' health advantages and the rising demand for nutritional supplements.

Q.8 Do we receive customization in this report?
Answer: Yes, the publisher provides 10% customization without any additional cost.

This report answers the following 11 key questions:

Q.1. What are some of the most promising, high-growth opportunities for the cryptoxanthin market by source (fruit, vegetable, and others), distribution channel (supermarket and hypermarket, specialty store, online retail, and others), application (food & beverage, dietary supplement, cosmetic and personal care, nutraceutical, and others), end use (consumer (B2C) and business (B2B)), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?


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Table of Contents

1. Executive Summary
2. Global Cryptoxanthin Market : Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2018 to 2030
3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global Cryptoxanthin Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global Cryptoxanthin Market by Source
3.3.1: Fruit
3.3.2: Vegetable
3.3.3: Others
3.4: Global Cryptoxanthin Market by Distribution channel
3.4.1: Supermarket and Hypermarket
3.4.2: Specialty Store
3.4.3: Online Retail
3.4.4: Others
3.5: Global Cryptoxanthin Market by Application
3.5.1: Food & Beverage
3.5.2: Dietary Supplement
3.5.3: Cosmetic and Personal Care
3.5.4: Nutraceutical
3.5.5: Others
3.6: Global Cryptoxanthin Market by End Use
3.6.1: Consumer (B2C)
3.6.2: Business (B2B)
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
4.1: Global Cryptoxanthin Market by Region
4.2: North American Cryptoxanthin Market
4.2.1: North American Cryptoxanthin Market by Source: Fruit, Vegetable, and Others
4.2.2: North American Cryptoxanthin Market by Application: Food & Beverage, Dietary Supplement, Cosmetic and Personal Care, Nutraceutical, and Others
4.3: European Cryptoxanthin Market
4.3.1: European Cryptoxanthin Market by Source: Fruit, Vegetable, and Others
4.3.2: European Cryptoxanthin Market by Application: Food & Beverage, Dietary Supplement, Cosmetic and Personal Care, Nutraceutical, and Others
4.4: APAC Cryptoxanthin Market
4.4.1: APAC Cryptoxanthin Market by Source: Fruit, Vegetable, and Others
4.4.2: APAC Cryptoxanthin Market by Application: Food & Beverage, Dietary Supplement, Cosmetic and Personal Care, Nutraceutical, and Others
4.5: ROW Cryptoxanthin Market
4.5.1: ROW Cryptoxanthin Market by Source: Fruit, Vegetable, and Others
4.5.2: ROW Cryptoxanthin Market by Application: Food & Beverage, Dietary Supplement, Cosmetic and Personal Care, Nutraceutical, and Others
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Cryptoxanthin Market by Source
6.1.2: Growth Opportunities for the Global Cryptoxanthin Market by Distribution channel
6.1.3: Growth Opportunities for the Global Cryptoxanthin Market by Application
6.1.4: Growth Opportunities for the Global Cryptoxanthin Market by End Use
6.1.5: Growth Opportunities for the Global Cryptoxanthin Market by Region
6.2: Emerging Trends in the Global Cryptoxanthin Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Cryptoxanthin Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Cryptoxanthin Market
6.3.4: Certification and Licensing
7. Company Profiles of Leading Players
7.1: BASF
7.2: DSM
7.3: Kemin Industries
7.4: Naturex
7.5: Synthite Industries
7.6: Dohler
7.7: Aarkay Food Products

Companies Mentioned

  • BASF
  • DSM
  • Kemin Industries
  • Naturex
  • Synthite Industries
  • Dohler
  • Aarkay Food Products

Methodology

The analyst has been in the business of market research and management consulting since 2000 and has published over 600 market intelligence reports in various markets/applications and served over 1,000 clients worldwide. Each study is a culmination of four months of full-time effort performed by the analyst team. The analysts used the following sources for the creation and completion of this valuable report:

  • In-depth interviews of the major players in the market
  • Detailed secondary research from competitors’ financial statements and published data
  • Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
  • A compilation of the experiences, judgments, and insights of professionals, who have analyzed and tracked the market over the years.

Extensive research and interviews are conducted in the supply chain of the market to estimate market share, market size, trends, drivers, challenges and forecasts.

Thus, the analyst compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. The analyst then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process.

 

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