| Product Code: ETC6349480 | Publication Date: Sep 2024 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Belgium continued to be a key importer of canthaxanthin, with top suppliers being China, UK, USA, Metropolitan France, and Netherlands. Despite a high Herfindahl-Hirschman Index (HHI) indicating market concentration, the industry experienced an overall decline with a CAGR of -14.87% from 2020 to 2024. However, there was a slight uptick in growth in 2024 with a 5.21% increase from the previous year, suggesting potential opportunities for the market moving forward.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Belgium Canthaxanthin Market Overview |
3.1 Belgium Country Macro Economic Indicators |
3.2 Belgium Canthaxanthin Market Revenues & Volume, 2021 & 2031F |
3.3 Belgium Canthaxanthin Market - Industry Life Cycle |
3.4 Belgium Canthaxanthin Market - Porter's Five Forces |
3.5 Belgium Canthaxanthin Market Revenues & Volume Share, By Source, 2021 & 2031F |
3.6 Belgium Canthaxanthin Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Belgium Canthaxanthin Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer awareness about the health benefits of canthaxanthin |
4.2.2 Growing demand for natural food colorants in the food and beverage industry |
4.2.3 Rising adoption of canthaxanthin in animal feed additives for improving animal health and productivity |
4.3 Market Restraints |
4.3.1 Stringent regulations regarding the maximum allowable levels of canthaxanthin in food products |
4.3.2 Fluctuations in raw material prices affecting production costs |
5 Belgium Canthaxanthin Market Trends |
6 Belgium Canthaxanthin Market, By Types |
6.1 Belgium Canthaxanthin Market, By Source |
6.1.1 Overview and Analysis |
6.1.2 Belgium Canthaxanthin Market Revenues & Volume, By Source, 2021- 2031F |
6.1.3 Belgium Canthaxanthin Market Revenues & Volume, By Natural, 2021- 2031F |
6.1.4 Belgium Canthaxanthin Market Revenues & Volume, By Synthetic, 2021- 2031F |
6.2 Belgium Canthaxanthin Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Belgium Canthaxanthin Market Revenues & Volume, By Personal Care, 2021- 2031F |
6.2.3 Belgium Canthaxanthin Market Revenues & Volume, By Food and Beverages, 2021- 2031F |
6.2.4 Belgium Canthaxanthin Market Revenues & Volume, By Dietary Supplements, 2021- 2031F |
6.2.5 Belgium Canthaxanthin Market Revenues & Volume, By Pharmaceuticals, 2021- 2031F |
6.2.6 Belgium Canthaxanthin Market Revenues & Volume, By Animal Feed, 2021- 2031F |
7 Belgium Canthaxanthin Market Import-Export Trade Statistics |
7.1 Belgium Canthaxanthin Market Export to Major Countries |
7.2 Belgium Canthaxanthin Market Imports from Major Countries |
8 Belgium Canthaxanthin Market Key Performance Indicators |
8.1 Number of new product launches containing canthaxanthin |
8.2 Percentage increase in canthaxanthin usage in the food and beverage industry |
8.3 Adoption rate of canthaxanthin in different animal feed applications |
9 Belgium Canthaxanthin Market - Opportunity Assessment |
9.1 Belgium Canthaxanthin Market Opportunity Assessment, By Source, 2021 & 2031F |
9.2 Belgium Canthaxanthin Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Belgium Canthaxanthin Market - Competitive Landscape |
10.1 Belgium Canthaxanthin Market Revenue Share, By Companies, 2024 |
10.2 Belgium Canthaxanthin Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |