Nowadays, businesses get highly benefited with the different segments covered in the Canthaxanthin Market research report which provides better market insights to them with which they can drive the business into right direction. Market drivers and market restraints help businesses to get idea about the production strategy. The report helps strengthen organization and make better decisions for driving business on the right track.
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In addition, the years considered for the study are as follows:
Historical year – 2013-2018 | Base year – 2018 | Forecast period – 2019 to 2026
The Major players profiled in this report include DSM, BASF SE, Novepha Company Limited, Parchem fine & specialty chemicals., Guangzhou Wisdom Bio-Technology Co.,Ltd, ZMC Group of Companies, Hangzhou onicon chemical co limited, Divi’s Nutraceuticals, SIMAGCHEM, Haihang Industry Co., Ltd., AK Scientific Inc, Skyrun Industrial among others.
Global Canthaxanthin Market: Segment Analysis
- By Source (Natural, Synthetic),
- Application (Personal Care, Food & Beverages, Dietary Supplements, Pharmaceuticals, Animal Feed, Others)
Unique structure of the report
The global canthaxanthin market is anticipated to register a steady CAGR during the forecast period of 2019-2026. Various health benefits related to canthaxanthin is foreseen to fuel the market growth in the upcoming years.
Canthaxanthin is a carotenoid pigment which is in red and orange colour. It primarily found in foods including fish, eggs, mushrooms as well as the pigment has also produced by chemical synthesis. Canthaxanthin is also used as food colour and feed additive it has wide applications in the cosmetic industry. Canthaxanthin is similar to carotenes in vegetables such as carrots. It has the ability to protect the human skin against sun through its antioxidant activity.
Highlights following MARKET DRIVERS AND RESTRAINT:
- Flourishing cosmetic and personal care industry acts as a market driver in the forecast period
- Increasing awareness about health and personal hygiene is another factor augmenting the market growth
- Extensive consumption of canthaxanthin leads to multiple side effects, which is anticipated to hamper the market growth
- Stringent regulatory and approval norms to affect the market growth
In September 2010, DSM Acquired Microbia, Inc., in order to expand its product portfolio. Acquisition made by DSM will help chemical, feed, and other industries to develop sustainable products. It has developed a technology platform which enables high quality natural carotenoids (including β-carotene and canthaxanthin. This could create market expansion for the organic canthaxanthin
In May 2010, Novus International acquired Europe-based IQF Group, with this acquisition Novus International expanded its product portfolio in human nutrition and addition of several products including canthaxanthin. This acquisition can support the market growth in the forecast period
Research Methodology: Global Canthaxanthin Market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, other data models include vendor positioning grid, market time line analysis, market overview and guide, company positioning grid, company market share analysis, standards of measurement, top to bottom analysis and vendor share analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Most important Highlights of TOC:
1 Introduction of Canthaxanthin Market
1.1 Overview of the Market
1.2 Scope of Report
2 Exclusive Summary
3 Research Methodology
3.1 Primary Interviews
3.2 Data Mining
3.4 List of Statistics
4 Canthaxanthin Market Segment & Geographic Analysis
4.1 By Type [2013-2026]
4.2 By Application [2013-2026]
4.3 By Region [2013-2026]
5 Canthaxanthin Market Outlook
5.2 Market Dynamics
5.3 Porter’s Five Force Model
5.4 Value Chain Analysis
6 Canthaxanthin Market Competitive Landscape
6.2 Key Development Policies
6.3 Company Market Standing
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At the Last, Canthaxanthin industry report focuses on data sources, viz. primary and secondary sources, market breakdown and data triangulation, market size estimation, research programs, and design, research approach and methodology, and the publisher’s disclaimer.
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