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*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
7 Opportunities and Challenges in the Market
8 Mexico Economy Overview
9 Mexico Carotenoids Market Overview
9.1 Key Industry Highlights
9.2 Mexico Carotenoids Historical Market (2018-2023)
9.3 Mexico Carotenoids Market Forecast (2024-2032)
10 Mexico Carotenoids Market by Type
10.1 Astaxanthin
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Beta-Carotene
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 Lutein
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Others
11 Mexico Carotenoids Market by Source Type
11.1 Natural
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Synthetic
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
12 Mexico Carotenoids Market by Application
12.1 Animal Feed
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Food and Beverages
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Dietary Supplements
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Others
13 Mexico Carotenoids Market by Region
13.1 Baja California
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 Northern Mexico
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Bajio
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 Central Mexico
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Pacific Coast
13.5.1 Historical Trend (2018-2023)
13.5.2 Forecast Trend (2024-2032)
13.6 Yucatan Peninsula
13.6.1 Historical Trend (2018-2023)
13.6.2 Forecast Trend (2024-2032)
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Competitive Landscape
15.1 Market Structure
15.2 Company Profiles
15.2.1 BASF SE
15.2.1.1 Company Overview
15.2.1.2 Product Portfolio
15.2.1.3 Demographic Reach and Achievements
15.2.1.4 Certifications
15.2.2 DSM-Firmenich AG
15.2.2.1 Company Overview
15.2.2.2 Product Portfolio
15.2.2.3 Demographic Reach and Achievements
15.2.2.4 Certifications
15.2.3 Kemin Industries, Inc.
15.2.3.1 Company Overview
15.2.3.2 Product Portfolio
15.2.3.3 Demographic Reach and Achievements
15.2.3.4 Certifications
15.2.4 IOSA Industrial Orgánica
15.2.4.1 Company Overview
15.2.4.2 Product Portfolio
15.2.4.3 Demographic Reach and Achievements
15.2.4.4 Certifications
15.2.5 Piveg, Inc.
15.2.5.1 Company Overview
15.2.5.2 Product Portfolio
15.2.5.3 Demographic Reach and Achievements
15.2.5.4 Certifications
15.2.6 Others
16 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Mexico Carotenoids Market: Key Industry Highlights, 2018 and 2032
2. Mexico Carotenoids Historical Market: Breakup by Type (USD Million), 2018-2023
3. Mexico Carotenoids Market Forecast: Breakup by Type (USD Million), 2024-2032
4. Mexico Carotenoids Historical Market: Breakup by Source (USD Million), 2018-2023
5. Mexico Carotenoids Market Forecast: Breakup by Source (USD Million), 2024-2032
6. Mexico Carotenoids Historical Market: Breakup by Form (USD Million), 2018-2023
7. Mexico Carotenoids Market Forecast: Breakup by Form (USD Million), 2024-2032
8. Mexico Carotenoids Historical Market: Breakup by Application (USD Million), 2018-2023
9. Mexico Carotenoids Market Forecast: Breakup by Application (USD Million), 2024-2032
10. Mexico Carotenoids Historical Market: Breakup by Region (USD Million), 2018-2023
11. Mexico Carotenoids Market Forecast: Breakup by Region (USD Million), 2024-2032
12. Mexico Carotenoids Market Structure
The Mexico carotenoids market attained a value of USD 42.73 million in 2023.
The market is estimated to grow at a CAGR of 7.4% during 2024-2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach a value of USD 80.02 million by 2032.
The types of carotenoids include beta carotene, astaxanthin, lutein, and others.
The key markets for carotenoids are Baja California, Northern Mexico, Bajio, Central Mexico, Pacific Coast, and Yucatan Peninsula.
The applications include animal feed, food and beverages, dietary supplements, and others.
Synthetic and natural are the two source types of carotenoids.
The key players in the market include BASF SEDSM-Firmenich AG, Kemin Industries, Inc., IOSA Industrial Orgánica, and Piveg, Inc., among others.
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