Product Code: ETC4548101 | Publication Date: Jul 2023 | Updated Date: Jan 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 | |
The UAE Carotenoids Market is experiencing steady growth due to the increasing awareness of the health benefits associated with carotenoids. These natural pigments are found in various fruits and vegetables and are known for their antioxidant properties. Carotenoids play a vital role in eye health and overall well-being. The market encompasses a wide range of products, including supplements, food additives, and cosmetics, catering to consumers looking to incorporate carotenoids into their daily diets or beauty regimens.
The UAE Carotenoids Market is experiencing significant growth primarily due to a growing awareness of the health benefits associated with carotenoids. Carotenoids, including beta-carotene, lutein, and zeaxanthin, are natural pigments found in various fruits and vegetables. The rising consumer interest in health and nutrition has driven the demand for products enriched with carotenoids, as these compounds are known for their antioxidant properties and their role in promoting eye health. Additionally, the UAE changing dietary preferences, with an increased emphasis on natural ingredients, has boosted the consumption of carotenoid-rich foods and supplements. Furthermore, the beauty and cosmetics industry in the UAE has also been incorporating carotenoids due to their skin-enhancing properties. As consumers become more health-conscious and look for clean-label products, the carotenoids market in the UAE is set to witness sustained growth.
In the UAE Carotenoids Market, challenges revolve around sourcing, product differentiation, and technological advancements. Carotenoids, essential pigments with various applications in food, pharmaceuticals, and cosmetics, face challenges related to sourcing natural extracts or developing synthetic alternatives. Ensuring consistent quality, stability, and regulatory compliance while maintaining a competitive edge in terms of pricing and performance presents significant hurdles. Moreover, continuous innovation to expand carotenoid applications and improve extraction methods while meeting sustainability goals remains critical in this market.
The carotenoids market in the UAE faced significant changes during the COVID-19 pandemic. Disruptions in the food and cosmetics industries and the increased focus on natural colorants initially impacted market dynamics. However, the surge in demand for carotenoids in various applications, including food coloring and skincare, created new opportunities for carotenoid manufacturers. Players in the market adapted by introducing stable and natural carotenoid formulations. Challenges in supply chain logistics prompted a reevaluation of sourcing strategies, showcasing the market`s resilience by aligning with the changing dynamics of consumer preferences for clean-label and natural ingredients.
In the UAE Carotenoids Market, key players include BASF SE, Royal DSM N.V., and Kemin Industries, Inc. BASF SE, a German multinational chemical company, has played a substantial role in supplying carotenoids for various applications in the UAE. Royal DSM N.V., a Dutch multinational corporation, and Kemin Industries, Inc., an American ingredient manufacturer, are also key players contributing to the Carotenoids Market in the UAE.
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 United Arab Emirates (UAE) Carotenoids Market Overview |
3.1 United Arab Emirates (UAE) Country Macro Economic Indicators |
3.2 United Arab Emirates (UAE) Carotenoids Market Revenues & Volume, 2023 & 2028F |
3.3 United Arab Emirates (UAE) Carotenoids Market - Industry Life Cycle |
3.4 United Arab Emirates (UAE) Carotenoids Market - Porter's Five Forces |
3.5 United Arab Emirates (UAE) Carotenoids Market Revenues & Volume Share, By Type, 2023 & 2028F |
3.6 United Arab Emirates (UAE) Carotenoids Market Revenues & Volume Share, By Application, 2023 & 2028F |
4 United Arab Emirates (UAE) Carotenoids Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 United Arab Emirates (UAE) Carotenoids Market Trends |
6 United Arab Emirates (UAE) Carotenoids Market, By Types |
6.1 United Arab Emirates (UAE) Carotenoids Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 United Arab Emirates (UAE) Carotenoids Market Revenues & Volume, By Type, 2020 - 2028F |
6.1.3 United Arab Emirates (UAE) Carotenoids Market Revenues & Volume, By Astaxanthin, 2020 - 2028F |
6.1.4 United Arab Emirates (UAE) Carotenoids Market Revenues & Volume, By Beta-Carotene, 2020 - 2028F |
6.1.5 United Arab Emirates (UAE) Carotenoids Market Revenues & Volume, By Lutein, 2020 - 2028F |
6.1.6 United Arab Emirates (UAE) Carotenoids Market Revenues & Volume, By Lycopene, 2020 - 2028F |
6.1.7 United Arab Emirates (UAE) Carotenoids Market Revenues & Volume, By Canthaxanthin, 2020 - 2028F |
6.1.8 United Arab Emirates (UAE) Carotenoids Market Revenues & Volume, By Zeaxanthin, 2020 - 2028F |
6.2 United Arab Emirates (UAE) Carotenoids Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 United Arab Emirates (UAE) Carotenoids Market Revenues & Volume, By Feed, 2020 - 2028F |
6.2.3 United Arab Emirates (UAE) Carotenoids Market Revenues & Volume, By Food & Beverages, 2020 - 2028F |
6.2.4 United Arab Emirates (UAE) Carotenoids Market Revenues & Volume, By Dietary Supplements, 2020 - 2028F |
6.2.5 United Arab Emirates (UAE) Carotenoids Market Revenues & Volume, By Cosmetics, 2020 - 2028F |
6.2.6 United Arab Emirates (UAE) Carotenoids Market Revenues & Volume, By Pharmaceuticals, 2020 - 2028F |
7 United Arab Emirates (UAE) Carotenoids Market Import-Export Trade Statistics |
7.1 United Arab Emirates (UAE) Carotenoids Market Export to Major Countries |
7.2 United Arab Emirates (UAE) Carotenoids Market Imports from Major Countries |
8 United Arab Emirates (UAE) Carotenoids Market Key Performance Indicators |
9 United Arab Emirates (UAE) Carotenoids Market - Opportunity Assessment |
9.1 United Arab Emirates (UAE) Carotenoids Market Opportunity Assessment, By Type, 2023 & 2028F |
9.2 United Arab Emirates (UAE) Carotenoids Market Opportunity Assessment, By Application, 2023 & 2028F |
10 United Arab Emirates (UAE) Carotenoids Market - Competitive Landscape |
10.1 United Arab Emirates (UAE) Carotenoids Market Revenue Share, By Companies, 2023 |
10.2 United Arab Emirates (UAE) Carotenoids Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |