carotenoids market
The global Carotenoids Market size is expected to reach USD 1.85 billion by 2026, exhibiting a CAGR of 3.57% in the forecast period 2019-2026. The increasing demand for dietary supplements and functional foods that utilize natural ingredients such as carotenoids is one of the key factors enabling the growth of the market, says Fortune Business Insights™ in a report, titled “Carotenoids Market Size, Share and Industry Analysis By Type (Beta-Carotene, Lutein, Lycopene, Astaxanthin, Zeaxanthin, Canthaxanthin, and Others), By Application (Animal feed, Foods & Beverages, Dietary Supplements, Personal Care & Cosmetic, and Pharmaceuticals), By Source (Synthetic and Natural), and Regional Forecast 2019 – 2026” the market size stood at USD 1.40 billion in 2018. The increasing popularity of alternative treatment methods for diabetes, eye disorders, and other lifestyle diseases will contribute positively to the Carotenoids Market growth. According to the report, the market b