Global Carotenoids Market Shows Steady Growth Driven by Clean-Label Food and Nutraceutical Trends
Key Highlights Global market valued at USD 4.7 billion in 2023. Market projected to reach USD 6.4 billion by 2030. Expected CAGR of 4.5% during 2024–2030. Europe remains the leading regional market. Asia Pacific is witnessing the fastest expansion. Beta-carotene and astaxanthin dominate product demand. Animal feed remains the largest application segment. Natural-source carotenoids are...
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