Citranaxanthin Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

Coverage: Citranaxanthin Market covers analysis By Type (Natural, Synthetic); Application (Nutraceuticals, Cosmetics, Food and Beverages, Feed, Others) , and Geography (North America, Europe, Asia Pacific, and South and Central America)

  • Report Code : TIPRE00014784
  • Category : Chemicals and Materials
  • No. of Pages : 150
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Citranaxanthin Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

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MARKET INTRODUCTION

Citranaxanthin is a carotenoid pigment utilized as a food additive and as a food coloring. Natural sources of citranaxanthin are available, but it is also prepared synthetically. It is employed as an animal feed additive to contribute a yellow color to chicken fat and egg yolks. Citranaxanthin, which is strongly associated with yellow pigment C-30 ester, is effectively assimilated and deposited in yolks, where it provides to the consumer appeal of eggs and egg products. Citranaxanthin also has an approximately two-thirds of the vitamin A activity of beta-carotene in chickens.

MARKET DYNAMICS

Growing meat consumption along with a recent outbreak of diseases has augmented the need for additives in poultry, which in turn, is anticipated to fuel the product demand. Citranaxanthin is a component critical for the enhancement of colour of egg yolks. Used in combination with yellow pigments, citranaxanthin enhances yolk colour intensity to meet market demands for golden-orange yolks. Hence, these the product is influencing human food product characteristics. Moreover, consumption of food containing a suitable amount of additives exerts positive effects on livestock, including improvement in digestion and reproduction.

MARKET SCOPE

The "Global Citranaxanthin Market Analysis to 2028" is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the citranaxanthin market with detailed market segmentation by type, application and geography. The global citranaxanthin market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading citranaxanthin market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

The global citranaxanthin market is segmented on the basis of type and application. On the basis of type, citranaxanthin market is classified into natural andsynthetic. On the basis of application, market is segmented into nutraceuticals, cosmetics, food and beverages, feed, and others.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global citranaxanthin market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The citranaxanthin market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the citranaxanthin market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the citranaxanthin market in these regions.

Citranaxanthin Market Report Analysis

Citranaxanthin Market

  • CAGR (2023 - 2031)
    XX%
  • Market Size 2023
    US$ XX Million
  • Market Size 2031
    US$ XX Million

Report Coverage

  • Market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
  • Key future trends
  • Detailed PEST/Porter’s Five Forces and SWOT analysis
  • Industry landscape and competition analysis & recent developments
  • Detailed company profiles
  • Global and regional market analysis covering key market trends, major players, regulations, and recent market developments

Key Players

  • BASF SE
  • Beijing Gingko Group
  • Cyanotech Corporation
  • DSM
  • DYNADIS
  • Impextraco NV
  • Jingzhou natural Astaxanthin Inc.
  • Parry Nutraceuticals
  • Supreme Biotechnologies

Regional Overview

  • North America
  • Europe
  • Asia-Pacific
  • South and Central America
  • Middle East and Africa

Market Segmentation

By Type
  • Natural
  • Synthetic
By Application
  • Nutraceuticals
  • Cosmetics
  • Food and Beverages
  • Feed
  • Others
  • Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
MARKET PLAYERS


The reports cover key developments in the citranaxanthin market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from citranaxanthin market are anticipated to lucrative growth opportunities in the future with the rising demand for organic shrimps in the global market. Below mentioned is the list of few companies engaged in the citranaxanthin market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the citranaxanthin market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.

  •   BASF SE
  •   Beijing Gingko Group
  •   Cyanotech Corporation
  •   DSM
  •   DYNADIS
  •   Impextraco NV
  •   Jingzhou natural Astaxanthin Inc.
  •   Parry Nutraceuticals
  •   Supreme Biotechnologies

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

Citranaxanthin Market Report Scope

Report Attribute Details
Market size in 2023 US$ XX Million
Market Size by 2031 US$ XX Million
Global CAGR (2023 - 2031) XX%
Historical Data 2021-2022
Forecast period 2024-2031
Segments Covered By Type
  • Natural
  • Synthetic
By Application
  • Nutraceuticals
  • Cosmetics
  • Food and Beverages
  • Feed
  • Others
Regions and Countries Covered North America
  • US
  • Canada
  • Mexico
Europe
  • UK
  • Germany
  • France
  • Russia
  • Italy
  • Rest of Europe
Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • Rest of Asia-Pacific
South and Central America
  • Brazil
  • Argentina
  • Rest of South and Central America
Middle East and Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Rest of Middle East and Africa
Market leaders and key company profiles
  • BASF SE
  • Beijing Gingko Group
  • Cyanotech Corporation
  • DSM
  • DYNADIS
  • Impextraco NV
  • Jingzhou natural Astaxanthin Inc.
  • Parry Nutraceuticals
  • Supreme Biotechnologies
    • Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
    Report Coverage
    Report Coverage

    Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

    Segment Covered
    Segment Covered

    This text is related
    to segments covered.

    Regional Scope
    Regional Scope

    North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

    Country Scope
    Country Scope

    This text is related
    to country scope.

    The List of Companies

    1. BASF SE
    2. Beijing Gingko Group
    3. Cyanotech Corporation
    4. DSM
    5. DYNADIS
    6. Impextraco NV
    7. Jingzhou natural Astaxanthin Inc.
    8. Parry Nutraceuticals
    9. Supreme Biotechnologies

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