| Product Code: ETC5817558 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The Cyprus carotenoids import market experienced a notable shift in 2024, with top exporters being Netherlands, Greece, Bulgaria, Portugal, and Germany. The market concentration, as measured by the HHI, decreased from moderate to low concentration, indicating increased diversity among importing countries. Despite a significant negative CAGR of -18.29% from 2020 to 2024, there was a remarkable growth rate of 34.92% from 2023 to 2024. This suggests dynamic changes in the market landscape and potential opportunities for further expansion and diversification in the coming years.

The carotenoids market in Cyprus is driven by the demand for natural colorants and nutritional supplements. Carotenoids are used in food and beverage products for their antioxidant properties and vibrant colors, as well as in dietary supplements promoting eye health and overall well-being.
The carotenoids market in Cyprus is driven by the increasing use of these natural pigments in food, pharmaceuticals, and cosmetics. Their antioxidant properties and health benefits, including eye health and immune support, are boosting demand for carotenoids in dietary supplements and fortified foods.
The carotenoids market in Cyprus is constrained by limited local production and reliance on imports for key raw materials. Additionally, low consumer awareness about the health benefits of carotenoids impacts demand.
The government of Cyprus regulates the carotenoids market through food safety policies that ensure compliance with EU standards for food additives and nutritional supplements. The market benefits from regulations promoting the use of carotenoids in health supplements, cosmetics, and food products due to their recognized health benefits.
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 Cyprus Carotenoids Market Overview |
3.1 Cyprus Country Macro Economic Indicators |
3.2 Cyprus Carotenoids Market Revenues & Volume, 2021 & 2031F |
3.3 Cyprus Carotenoids Market - Industry Life Cycle |
3.4 Cyprus Carotenoids Market - Porter's Five Forces |
3.5 Cyprus Carotenoids Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Cyprus Carotenoids Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Cyprus Carotenoids Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Cyprus Carotenoids Market Trends |
6 Cyprus Carotenoids Market Segmentations |
6.1 Cyprus Carotenoids Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Cyprus Carotenoids Market Revenues & Volume, By Astaxanthin, 2021-2031F |
6.1.3 Cyprus Carotenoids Market Revenues & Volume, By Beta-Carotene, 2021-2031F |
6.1.4 Cyprus Carotenoids Market Revenues & Volume, By Lutein, 2021-2031F |
6.1.5 Cyprus Carotenoids Market Revenues & Volume, By Lycopene, 2021-2031F |
6.1.6 Cyprus Carotenoids Market Revenues & Volume, By Canthaxanthin, 2021-2031F |
6.1.7 Cyprus Carotenoids Market Revenues & Volume, By Zeaxanthin, 2021-2031F |
6.2 Cyprus Carotenoids Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Cyprus Carotenoids Market Revenues & Volume, By Feed, 2021-2031F |
6.2.3 Cyprus Carotenoids Market Revenues & Volume, By Food & Beverages, 2021-2031F |
6.2.4 Cyprus Carotenoids Market Revenues & Volume, By Dietary Supplements, 2021-2031F |
6.2.5 Cyprus Carotenoids Market Revenues & Volume, By Cosmetics, 2021-2031F |
6.2.6 Cyprus Carotenoids Market Revenues & Volume, By Pharmaceuticals, 2021-2031F |
7 Cyprus Carotenoids Market Import-Export Trade Statistics |
7.1 Cyprus Carotenoids Market Export to Major Countries |
7.2 Cyprus Carotenoids Market Imports from Major Countries |
8 Cyprus Carotenoids Market Key Performance Indicators |
9 Cyprus Carotenoids Market - Opportunity Assessment |
9.1 Cyprus Carotenoids Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Cyprus Carotenoids Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Cyprus Carotenoids Market - Competitive Landscape |
10.1 Cyprus Carotenoids Market Revenue Share, By Companies, 2024 |
10.2 Cyprus Carotenoids Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |