Carotenoids: Structure and Function in the Human Body 2021
DOI: 10.1007/978-3-030-46459-2_27
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Commercialization and Marketing Potential of Carotenoids

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Cited by 13 publications
(21 citation statements)
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“…Concerning carotenoids, according to Yaqoob et al [34], the greatest market for them being used as a natural coloring agent is predicted to be Western Europe, followed by the US, in 2024, when consumption of natural carotenoids is projected to reach 2699.8 Mt. Together, the following compounds account for over 90% of the market's value: capsanthin, astaxanthin, beta-carotene, lutein, annatto, lycopene, and canthaxanthin.…”
Section: Discussionmentioning
confidence: 99%
“…Concerning carotenoids, according to Yaqoob et al [34], the greatest market for them being used as a natural coloring agent is predicted to be Western Europe, followed by the US, in 2024, when consumption of natural carotenoids is projected to reach 2699.8 Mt. Together, the following compounds account for over 90% of the market's value: capsanthin, astaxanthin, beta-carotene, lutein, annatto, lycopene, and canthaxanthin.…”
Section: Discussionmentioning
confidence: 99%
“…55,56 Naturally sourced carotenoids are gaining traction worldwide, directly driven by surging consumer demand and preference for natural products, along with end-use applications, particularly in the North American and European regions. 57,58 efficacy in terms of their biological functions and therapeutic properties, despite a speedier production at considerably lower costs. 57,[61][62][63] The market price of microalgal-derived pigments, for instance, could fetch up to USD 7500 kg À1 , while synthetic equivalents may be proportionately cheaper at half the price (approximately USD 250-3000 kg À1 ).…”
Section: Natural and Synthetic Sourcesmentioning
confidence: 99%
“…57,58 efficacy in terms of their biological functions and therapeutic properties, despite a speedier production at considerably lower costs. 57,[61][62][63] The market price of microalgal-derived pigments, for instance, could fetch up to USD 7500 kg À1 , while synthetic equivalents may be proportionately cheaper at half the price (approximately USD 250-3000 kg À1 ). 64,65 Secondary carotenoids, such as canthaxanthin and astaxanthin, are amongst the priciest pigments on the market.…”
Section: Natural and Synthetic Sourcesmentioning
confidence: 99%
“…In addition, algal carotenoids can significantly satisfy the exponentially growing global carotenoid demand, which is projected to reach $1.85 billion by 2026. 5 In this context, strain improvement is essential as natural wildtype (WT) strains still lack high productivity and the desired biochemical composition. Improvements in biomass and bioproduct yield through genetic engineering, random mutagenesis, or adaptive laboratory evolution have been reported for several algal strains.…”
Section: Introductionmentioning
confidence: 99%
“…Thus, augmenting the carbohydrate content in addition to the lipid content in industrially promising algal strains is beneficial to reducing biofuel cost. In addition, algal carotenoids can significantly satisfy the exponentially growing global carotenoid demand, which is projected to reach $1.85 billion by 2026 …”
Section: Introductionmentioning
confidence: 99%