The Global Carotenoids Market was valued at USD 1.3 billion in 2015 and is projected to grow at a CAGR of 3.2% from 2017 to 2022. Description: Carotenoids are any class of fat soluble pigments containing carotene which give mainly orange, yellow, or red color to the plants or animals. Carotenoids can be produced naturally by plants but need to be externally supplied to the human beings. Along with the coloration property, carotenoids are highly nutritious and are used to prevent various diseases like diabetes, obesity, and cancer.
Growing occurrences of chronic
diseases like cancer, diabetes, obesity and high blood pressure is increasing the health consciousness of the consumers resulting into increased demand for healthy food and supplements. Key driving factors of carotenoids market Increasing importance to the appearance of the food which decides the commercial value of fruits, vegetables as well as meat and meat products these factors are driving the market for carotenoids in the world.
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