| Product Code: ETC5817573 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 | |
The Grenada Carotenoids Market is expanding, driven by their application in food coloring, dietary supplements, and animal feed. Carotenoids, natural pigments found in plants and microorganisms, are valued for their antioxidant properties and health benefits. The market is influenced by increasing consumer awareness of the importance of nutrition and the growing demand for natural additives. Innovations in carotenoid extraction and formulation are key drivers of growth.
The growing popularity of natural food colorants and antioxidants is driving the Carotenoids Market in Grenada. Their wide application in dietary supplements, food and beverages, and animal feed industries underpins the market`s growth. Additionally, heightened consumer awareness regarding the health benefits of carotenoids, such as improved vision and reduced oxidative stress, is fueling demand.
The Grenada carotenoids market is facing challenges in terms of raw material supply and market competition. Carotenoids, being primarily derived from natural sources like fruits and vegetables, are subject to the availability and quality of crops. Any disruption in crop production, due to climate change or agricultural practices, can directly affect the availability of carotenoids. Additionally, the market faces increasing competition from synthetic carotenoids and other natural pigments, which may be more affordable. The rising demand for natural food colors and antioxidants places pressure on the industry to meet production standards while keeping costs competitive.
Grenadas government has developed policies to boost the carotenoids market by encouraging research into natural sources and their health benefits. These policies focus on sustainable production methods and increasing the markets export potential.
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 Grenada Carotenoids Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Carotenoids Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Carotenoids Market - Industry Life Cycle |
3.4 Grenada Carotenoids Market - Porter's Five Forces |
3.5 Grenada Carotenoids Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Grenada Carotenoids Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Grenada Carotenoids Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer awareness about the health benefits of carotenoids |
4.2.2 Growing demand for natural food colorants in the food and beverage industry |
4.2.3 Rising adoption of carotenoids in dietary supplements |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials |
4.3.2 Stringent regulations and approval processes for carotenoid products |
4.3.3 Limited availability of raw materials in certain regions |
5 Grenada Carotenoids Market Trends |
6 Grenada Carotenoids Market Segmentations |
6.1 Grenada Carotenoids Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Carotenoids Market Revenues & Volume, By Astaxanthin, 2021-2031F |
6.1.3 Grenada Carotenoids Market Revenues & Volume, By Beta-Carotene, 2021-2031F |
6.1.4 Grenada Carotenoids Market Revenues & Volume, By Lutein, 2021-2031F |
6.1.5 Grenada Carotenoids Market Revenues & Volume, By Lycopene, 2021-2031F |
6.1.6 Grenada Carotenoids Market Revenues & Volume, By Canthaxanthin, 2021-2031F |
6.1.7 Grenada Carotenoids Market Revenues & Volume, By Zeaxanthin, 2021-2031F |
6.2 Grenada Carotenoids Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Grenada Carotenoids Market Revenues & Volume, By Feed, 2021-2031F |
6.2.3 Grenada Carotenoids Market Revenues & Volume, By Food & Beverages, 2021-2031F |
6.2.4 Grenada Carotenoids Market Revenues & Volume, By Dietary Supplements, 2021-2031F |
6.2.5 Grenada Carotenoids Market Revenues & Volume, By Cosmetics, 2021-2031F |
6.2.6 Grenada Carotenoids Market Revenues & Volume, By Pharmaceuticals, 2021-2031F |
7 Grenada Carotenoids Market Import-Export Trade Statistics |
7.1 Grenada Carotenoids Market Export to Major Countries |
7.2 Grenada Carotenoids Market Imports from Major Countries |
8 Grenada Carotenoids Market Key Performance Indicators |
8.1 Research and development investment in new carotenoid products |
8.2 Number of partnerships and collaborations in the carotenoids market |
8.3 Adoption rate of carotenoid-rich products by food and beverage manufacturers |
9 Grenada Carotenoids Market - Opportunity Assessment |
9.1 Grenada Carotenoids Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Grenada Carotenoids Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Grenada Carotenoids Market - Competitive Landscape |
10.1 Grenada Carotenoids Market Revenue Share, By Companies, 2024 |
10.2 Grenada Carotenoids Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |