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Naturally-sourced beta-carotene has several advantages over synthetic beta-carotene. Disadvantages of synthetic bet-carotene include its low nutritional value, various side effects, and the incidence of lung cancer and associated mortalities. To overcome these disadvantages, key manufacturers are developing beta-carotene products from natural sources, including algae, fruits, and vegetables. Dunaliella salina is a one of the richest sources of natural u03b2-carotene.
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Europe Dunaliella Salina Market Global Forecast to 2030 w w w . m e t i c u l o u s r e s e a r c h . c o m
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Key Segmentations – Option 1 End User • Pharmaceutical Companies • Cosmetic Companies • Extraction Companies • Feed Companies Drivers • Increased Use of Dunaliella Salina in the Cosmetics Industry Rising Need for Natural Colorants • Request For Sample SLIDE NO 3 w w w . m e t i c u l o u s r e s e a r c h . c o m
Market Growth – Option 2 2030 Market Size of 27.1 million The Europe Dunaliella Salina Market is slated to register a CAGR of 4.8% from 2023–2030 to reach $27.1 million by 2030.The popularity of Dunaliella salina is rising due to changing lifestyles and the growing natural food trend, which positively impacts the demand for Dunaliella salina. CAGR of 4.8% 2023 Market Size of million Request For Sample SLIDE NO 4 w w w . m e t i c u l o u s r e s e a r c h . c o m
Key Vendors 1 6 Fuqing King Dnarmsa Spirulina Co., Ltd. Monzón Biotech S.L. 2 7 ALGALIMENTO SL A4f Algae for Future Top 10 Vendors 3 8 Hangzhou OuQi Food co., Ltd. 4 9 BlueBioTech Group 5 10 Xi’an Fengzu Biological Technology Co., Ltd. Request For Sample SLIDE NO 5 w w w . m e t i c u l o u s r e s e a r c h . c o m
Regional Analysis EUROPE NORTH AMERICA 30.5% l6.6% 35.6% l5.8% • North America • Europe • Asia Pacific • Latin America • Middle East & Africa ASIA-PACIFIC 28.7% l8.6% LATIN AMERICA MIDDLE EAST & AFRICA 3.4% l8.3% 1.9% l7.7% MARKET SHARE% 2023e CAGR% (2022–2031) Request For Sample SLIDE NO 6 w w w . m e t i c u l o u s r e s e a r c h . c o m
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