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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