Carotenoids Market Key Players, Trends, Growth opportunities and Industry Forecast till 2028
“Rise in the demand for natural and organic food as health inferences is expected to drive Carotenoids Market�
Global carotenoids market is expected to witness a massive growth with a staggering CAGR in the forecast period. Carotenoids are basically organic pigments that are majorly found in numerous microorganisms, algae, some animal species and plants. They generally give out some bright colors like red, orange and yellow to protect all these species from all the external harmful properties of air and light. These days, carotenoids are more commercially feasible now due to the recombinant DNA technology and rich advancements in biotechnology. It is observed that there has been a tremendous rise in the demand for natural and organic food as health inferences and its sustainability has suddenly started increasing. Health -conscious people have started consuming carotenoid supplements. These two major factors are aiding the carotenoids market to grow massively. But there are some health risks that are associated with the carotenoid products. Excessive unregulated utilization of these products can lead to health destructions and this is eventually impeding the market’s development. But these days, carotenoids are being used to treat various diseases such as diabetes, cancer, aging and eye disorders, and this is why consumers have started preferring carotenoids. This factor will help the carotenoids market to grow significantly in the forthcoming years.