Global Canthaxanthin Market Report By Source (Natural and Synthetic), Application (Dietary Supplement, Personal Care, Pharmaceutical, Food & Beverage, Animal Feed) And By Regions - Industry Trends, Size, Share, Growth, Estimation and Forecast, 2018-2025
March 2019
Report Formats:

As per this study the global Canthaxanthin market was valued USD XX.X MN (by revenue) in 2018 and is anticipated to reach USD XX.X MN by 2025 with a CAGR of X.X%.

Canthaxanthin is an orange-red colored keto-carotenoid pigment present abundantly in edible mushroom, algae, bacteria, crustaceans, and fishes. Canthaxanthin is used as food-coloring agent (E161g) in various food products and also used as feed additive to enhance the color of chicken skin, egg yolks and salmon. Owing to the excellent ability to reduce sun sensitivity, psoriasis, skin irritation, canthaxanthin is preferred in cosmetics and pharmaceuticals applications.
Market Dynamics
Growing product popularity in the healthcare sector to treat sun sensitivity is driving market growth. Growing disposable income, rising elderly population and increasing preference towards dietary supplement are further generating higher demand for canthaxanthin. Moreover, the rising count of the population suffering from sunlight sensitivity is again pushing the market demand across cosmetics and personal care products. Despite of this, side effects associated with excessive use of canthaxanthin may hinder its growth.
This detailed market study is centered on the data obtained from multiple sources and is analyzed using numerous tools including porter’s five forces analysis, market attractiveness analysis and value chain analysis. These tools are employed to gain insights of the potential value of the market facilitating the business strategists with the latest growth opportunities. Additionally, these tools also provide a detailed analysis of each application/product segment in the global market of canthaxanthin.
Market Segmentation
The broad canthaxanthin market has been sub-grouped into source and application. The report studies these subsets with respect to the geographical segmentation. The strategists can gain a detailed insight and devise appropriate strategies to target specific market. This detail will lead to a focused approach leading to identification of better opportunities.
By Source

  • Natural
  • Synthetic
By Application
  • Dietary Supplement
  • Personal Care
  • Pharmaceutical
  • Food & Beverage
  • Animal Feed
  • Aquaculture
  • Livestock
  • Pets
Regional Analysis
Furthermore, the report comprises of the geographical segmentation, which mainly focuses on current and forecast demand for canthaxanthin in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The report further focuses on demand for individual application segments in all the regions.
Europe Canthaxanthin Market By Revenue (USD MN)

Europe Canthaxanthin Market By Revenue

The report also covers detailed competitive landscape including company profiles of key players operating in the global market. The key players in the canthaxanthin market include BASF, DSM, Guangzhou Wisdom Bio-Technology Company, Hangzhou Onicon Chemical Company Limited, Novepha Company Limited, Novus International, Parchem, Wellgreen Technology Company Limited, Zhejiang Medicine Co., Ltd. (ZMC) and Zipont Chem (Wuhan) Tech. An in-depth view of the competitive outlook includes future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other developments with information in terms of H.Q.
A combination of primary and secondary research has been used to determine the market estimates and forecasts. Sources used for secondary research include (but not limited to) Paid Data Sources, Company Websites, Technical Journals, Annual Reports, SEC Filings and various other industry publications. Specific details on methodology used for this report can be provided on demand.


  • Introduction To Canthaxanthin
  • Report Description
    • Objectives Of The Study
    • Assumptions
  • Research Scope
  • Research Methodology
    • Data Source
  • Market Highlight
  • Global Canthaxanthin Market: Snapshot
  • Drivers
  • Restraints
  • Opportunities
  • Porter’s Five Forces Analysis
  • Value Chain Analysis
  • Market In Natural
  • Market In Synthetic
  • Market In Dietary Supplement
  • Market In Personal Care
  • Market In Pharmaceutical
  • Market In Food & Beverage
  • Market In Animal Feed
    • Market In Aquaculture
    • Market In Livestock
    • Market In Pets
  • North America (NA)
    • North America Market Estimates
    • North America Market Estimates By Country
    • United States (U.S.) Market Estimates By Segments
    • Canada Market Estimates By Segments
    • Mexico Market Estimates By Segments
  • Europe (EU)
    • Europe Market Estimates
    • Europe Market Estimates By Country
    • United Kingdom (UK) Market Estimates By Segments
    • Germany Market Estimates By Segments
    • France Market Estimates By Segments
    • Rest Of Europe Market Estimates By Segments
  • Asia Pacific (APAC)
    • Asia Pacific Market Estimates
    • Asia Pacific Market Estimates By Country  
    • China Market Estimates By Segments
    • Japan Market Estimates By Segments
    • India Market Estimates By Segments
    • Rest Of Asia Pacific Market Estimates By Segments  
  • Latin America (LA)   
    • Latin America Market Estimates
    • Latin America Market Estimates By Country
    • Brazil Market Estimates By Segments
    • Rest Of Latin America Market Estimates By Segments
  • Middle East And Africa (MEA)   
    • Middle East And Africa Market Estimates
    • Middle East And Africa Market Estimates By Country
    • Middle East Market Estimates By Segments
    • Africa Market Estimates By Segments
  • Market Competition
  • Partnerships/Collaborations/Agreements
  • Mergers And Acquisitions
  • New Product Launches
  • Other Developments
8. COMPANY PROFILES OF THE CANTHAXANTHIN INDUSTRY (Company Overview, Financial, Major Products & Recent Development)
  • BASF
  • DSM
  • Guangzhou Wisdom Bio-Technology Company
  • Hangzhou Onicon Chemical Company Limited
  • Novepha Company Limited
  • Novus International
  • Parchem
  • Wellgreen Technology Company Limited
  • Zhejiang Medicine Co., Ltd. (ZMC)
  • Zipont Chem (Wuhan) Tech
* Tentative TOC
Table 1.  Market Highlights Of Canthaxanthin
Table 2.  Global Canthaxanthin Market By Source
Table 3.  Global Canthaxanthin Market By Application
Table 4.  Global Canthaxanthin Market By Geography
Table 5.  North America Canthaxanthin Market
Table 6.  Europe Canthaxanthin Market
Table 7.  Asia Pacific Canthaxanthin Market
Table 8.  Latin America Canthaxanthin Market
Table 9.  Middle East And Africa Canthaxanthin Market 
Table 10. Partnership/Collaboration/Agreements
Table 11. Mergers And Acquisitions
Table 12. New Product Development
Table 13. Other Developments
Fig. 1.     Market Segmentation Of Canthaxanthin Market 
Fig. 2.     Top-Down Approach   
Fig. 3.     Bottom-Up Approach   
Fig. 4.     Market Highlights Of Canthaxanthin
Fig. 5.     Value Chain Analysis
Fig. 6.     Porter’s Five Forces Analysis
Fig. 7.     Global Canthaxanthin Market By Source
Fig. 8.     Global Canthaxanthin Market By Application
Fig. 9.     Global Canthaxanthin Market By Geography
Fig. 10.   North America Canthaxanthin Market
Fig. 11.   Europe Canthaxanthin Market
Fig. 12.   Asia Pacific Canthaxanthin Market
Fig. 13.   Latin America Canthaxanthin Market
Fig. 14.   Middle East And Africa Canthaxanthin Market
Fig. 15.   Market Share Of Canthaxanthin Companies
Fig. 16.   Recent Developments In Canthaxanthin Industry
* Kindly note that the above listed are the basic tables and figures of the report and are not limited to the TOC.  

Objectives of Study

  • Define and measure the global market
  • Volume or revenue forecast of the global market and its various sub-segments with respect to main geographies
  • Analyze and identify major market trends along with the factors driving or inhibiting the market growth
  • Study the company profiles of the major market players with their market share
  • Analyze competitive developments

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