칸타잔틴(Canthaxanthin) 시장 : 시장 규모, 점유율, 성장 및 산업 분석 - 유형별, 용도별, 지역별 인사이트 및 예측(2024-2032년)

Growth Factors of canthaxanthin Market

The global canthaxanthin market is experiencing gradual but consistent growth driven by rising applications across food, cosmetics, pharmaceuticals, dietary supplements, and animal nutrition. According to the latest industry data, the global canthaxanthin market was valued at USD 86.47 million in 2024, is projected to increase to USD 88.86 million in 2025, and is forecasted to reach USD 110.37 million by 2032. This upward trajectory is shaped by growing consumer awareness of carotenoid health benefits, expanding natural ingredient trends, and increased use of coloring agents in food and feed applications.

Canthaxanthin is a naturally occurring red keto-carotenoid sourced from algae, fungi, and bacteria, and can also be synthetically produced. Its antioxidant, anti-inflammatory, and pigmentation properties make it an essential ingredient in several sectors. It is widely used as a feed additive in poultry and aquaculture, a food colorant in beverages and processed products, and a functional ingredient in cosmetics and pharmaceuticals. With rising global preferences for clean-label and health-enriched products, canthaxanthin continues to demonstrate strong market relevance.

Key Market Insights and Regional Leadership

North America dominated the canthaxanthin market in 2024 with a 37.5% share, supported by strong adoption in nutraceuticals, animal feed, and the pharmaceutical sectors. In the U.S., demand is accelerating due to increased use in functional foods, therapeutic formulations, and premium cosmetic products.

Europe remains another significant market, driven by rising veganism, expanding dietary supplement intake, and a strong preference for naturally derived colorants. European consumers increasingly seek plant-based pigments, boosting demand for naturally extracted carotenoids, including canthaxanthin.

Asia Pacific stands out as the fastest-growing region during the forecast period. The demand is particularly strong in aquaculture feed additives and cosmetics, with China and Japan emerging as major consumers. Rising disposable incomes, clean-label preferences, and growth in beauty and personal care products contribute significantly to demand.

South America and the Middle East & Africa, although in earlier growth stages, are experiencing rising cosmetic and nutraceutical applications, supporting increased adoption through 2032.

Market Dynamics

Drivers: Expansion of Cosmetics and Personal Care

The robust cosmetics industry is a major driver of global canthaxanthin demand. Its use as a tanning agent and cosmetic colorant enhances the vibrancy of makeup products such as lipsticks, eyeshadows, and blushes. Its antioxidant properties also support its inclusion in anti-aging and skin nourishment formulations. As consumers shift toward ingredient-rich and multi-functional skincare products, cosmetic companies continue integrating canthaxanthin into product lines, supporting strong demand in 2024, 2025, and expected growth approaching 2032.

Restraints: High Extraction Costs and Market Competition

One of the major restraints is the high cost of natural carotenoid extraction, which relies on controlled environmental conditions and advanced infrastructural setups. This increases production complexity and pricing, limiting adoption in cost-sensitive markets. Canthaxanthin also faces competitive pressure from substitutes such as lutein and astaxanthin, which offer distinct functional advantages and have broader market availability.

Opportunities: Technological Innovation in Carotenoid Production

Advancements in extraction and stabilization technologies offer growth opportunities. Ultrasonication, enzyme-assisted extraction, and genetic optimization of carotenoid-producing microorganisms are helping manufacturers enhance yield and efficiency. These innovations are expected to strengthen production capabilities and support market expansion through 2032.

Segmentation Highlights

By Source

The synthetic segment dominated in 2024, benefiting from lower production costs and higher consistency. Meanwhile, natural canthaxanthin is the fastest-growing segment due to increasing consumer demand for sustainable and clean-label ingredients.

By Form

In 2024, powder form led the market owing to ease of storage, stability, and longer shelf life. Liquid formulations are gaining traction due to faster absorption and versatility in food and cosmetic applications.

By Application

The food & beverage segment held the largest share in 2024 due to high usage as a natural colorant in drinks and processed foods. Animal feed is the fastest-growing segment, especially in poultry and aquaculture for pigmentation enhancement.

Conclusion

With a market valuation rising from USD 86.47 million in 2024 to USD 88.86 million in 2025, and expected to reach USD 110.37 million by 2032, the global canthaxanthin market demonstrates steady expansion. Driven by the cosmetics boom, rising interest in natural pigments, and ongoing technological innovations, the market is well-positioned for continued growth across diverse industries through 2032.

Segmentation By Source

• Synthetic
• Natural

By Form

• Liquid
• Powder
• Beadlet

By Application

• Food & Beverages
• Dietary Supplements
• Personal Care & Cosmetics
• Animal Feed
• Pharmaceuticals

By Region

• North America (By Source, Form, Application, and Country)
  • U.S. (By Application)
  • Canada (By Application)
  • Mexico (By Application)
• Europe (By Source, Form, Application, and Country)
  • Germany (By Application)
  • France (By Application)
  • Italy (By Application)
  • Spain (By Application)
  • U.K. (By Application)
  • Rest of Europe (By Application)
• Asia Pacific (By Source, Form, Application, and Country)
  • China (By Application)
  • India (By Application)
  • Japan (By Application)
  • Australia (By Application)
  • Rest of Asia Pacific (By Application)
• South America (By Source, Form, Application, and Country)
  • Brazil (By Application)
  • Argentina (By Application)
  • Rest of South America (By Application)
• Middle East & Africa (By Source, Form, Application, and Country)
  • South Africa (By Application)
  • UAE (By Application)
  • Rest of Middle East & Africa (By Application)

Table of Content

1. Introduction

• 1.1. Research Scope
• 1.2. Market Segmentation
• 1.3. Research Methodology
• 1.4. Definitions and Assumptions

2. Executive Summary

3. Market Dynamics

• 3.1. Market Drivers
• 3.2. Market Restraints
• 3.3. Market Opportunities
• 3.4. Market Trends

4. Key Insights

• 4.1. Market Overview of Related/Parent Market
• 4.2. Supply Chain Landscape
• 4.3. Regulatory Analysis
• 4.4. Industry SWOT Analysis
• 4.5. Recent Industry Developments - Policies, Mergers & Acquisitions, and New Product Launches

5. Global Canthaxanthin Market Analysis, Insights and Forecast, 2025-2032

• 5.1. Key Findings / Summary
• 5.2. Market Size Estimates and Forecast
  • 5.2.1. By Source (Value)
    • 5.2.1.1. Natural
    • 5.2.1.2. Synthetic
  • 5.2.2. By Form (Value)
    • 5.2.2.1. Liquid
    • 5.2.2.2. Powder
    • 5.2.2.3. Beadlet
  • 5.2.3. By Application (Value)
    • 5.2.3.1. Food & Beverages
    • 5.2.3.2. Dietary Supplements
    • 5.2.3.3. Personal Care & Cosmetics
    • 5.2.3.4. Animal Feed
    • 5.2.3.5. Pharmaceuticals
  • 5.2.4. By Region (Value)
    • 5.2.4.1. North America
    • 5.2.4.2. Europe
    • 5.2.4.3. Asia Pacific
    • 5.2.4.4. South America
    • 5.2.4.5. Middle East & Africa

6. North America Canthaxanthin Market Analysis, Insights and Forecast, 2025-2032

• 6.1. Key Findings / Summary
• 6.2. Market Size Estimates and Forecast
  • 6.2.1. By Source (Value)
    • 6.2.1.1. Natural
    • 6.2.1.2. Synthetic
  • 6.2.2. By Form (Value)
    • 6.2.2.1. Liquid
    • 6.2.2.2. Powder
    • 6.2.2.3. Beadlet
  • 6.2.3. By Application (Value)
    • 6.2.3.1. Food & Beverages
    • 6.2.3.2. Dietary Supplements
    • 6.2.3.3. Personal Care & Cosmetics
    • 6.2.3.4. Animal Feed
    • 6.2.3.5. Pharmaceuticals
  • 6.2.4. By Country
    • 6.2.4.1. U.S.
      • 6.2.4.1.1. By Application (Value)
        • 6.2.4.1.1.1. Food & Beverages
        • 6.2.4.1.1.2. Dietary Supplements
        • 6.2.4.1.1.3. Personal Care & Cosmetics
        • 6.2.4.1.1.4. Animal Feed
        • 6.2.4.1.1.5. Pharmaceuticals
    • 6.2.4.2. Canada
      • 6.2.4.2.1. By Application (Value)
        • 6.2.4.2.1.1. Food & Beverages
        • 6.2.4.2.1.2. Dietary Supplements
        • 6.2.4.2.1.3. Personal Care & Cosmetics
        • 6.2.4.2.1.4. Animal Feed
        • 6.2.4.2.1.5. Pharmaceuticals
    • 6.2.4.3. Mexico
      • 6.2.4.3.1. By Application (Value)
        • 6.2.4.3.1.1. Food & Beverages
        • 6.2.4.3.1.2. Dietary Supplements
        • 6.2.4.3.1.3. Personal Care & Cosmetics
        • 6.2.4.3.1.4. Animal Feed
        • 6.2.4.3.1.5. Pharmaceuticals

7. Europe Canthaxanthin Market Analysis, Insights and Forecast, 2025-2032

• 7.1. Key Findings / Summary
• 7.2. Market Size Estimates and Forecast
  • 7.2.1. By Source (Value)
    • 7.2.1.1. Natural
    • 7.2.1.2. Synthetic
  • 7.2.2. By Form (Value)
    • 7.2.2.1. Liquid
    • 7.2.2.2. Powder
    • 7.2.2.3. Beadlet
  • 7.2.3. By Application (Value)
    • 7.2.3.1. Food & Beverages
    • 7.2.3.2. Dietary Supplements
    • 7.2.3.3. Personal Care & Cosmetics
    • 7.2.3.4. Animal Feed
    • 7.2.3.5. Pharmaceuticals
  • 7.2.4. By Country
    • 7.2.4.1. Germany
      • 7.2.4.1.1. By Application (Value)
        • 7.2.4.1.1.1. Food & Beverages
        • 7.2.4.1.1.2. Dietary Supplements
        • 7.2.4.1.1.3. Personal Care & Cosmetics
        • 7.2.4.1.1.4. Animal Feed
        • 7.2.4.1.1.5. Pharmaceuticals
    • 7.2.4.2. France
      • 7.2.4.2.1. By Application (Value)
        • 7.2.4.2.1.1. Food & Beverages
        • 7.2.4.2.1.2. Dietary Supplements
        • 7.2.4.2.1.3. Personal Care & Cosmetics
        • 7.2.4.2.1.4. Animal Feed
        • 7.2.4.2.1.5. Pharmaceuticals
    • 7.2.4.3. Italy
      • 7.2.4.3.1. By Application (Value)
        • 7.2.4.3.1.1. Food & Beverages
        • 7.2.4.3.1.2. Dietary Supplements
        • 7.2.4.3.1.3. Personal Care & Cosmetics
        • 7.2.4.3.1.4. Animal Feed
        • 7.2.4.3.1.5. Pharmaceuticals
    • 7.2.4.4. Spain
      • 7.2.4.4.1. By Application (Value)
        • 7.2.4.4.1.1. Food & Beverages
        • 7.2.4.4.1.2. Dietary Supplements
        • 7.2.4.4.1.3. Personal Care & Cosmetics
        • 7.2.4.4.1.4. Animal Feed
        • 7.2.4.4.1.5. Pharmaceuticals
    • 7.2.4.5. U.K.
      • 7.2.4.5.1. By Application (Value)
        • 7.2.4.5.1.1. Food & Beverages
        • 7.2.4.5.1.2. Dietary Supplements
        • 7.2.4.5.1.3. Personal Care & Cosmetics
        • 7.2.4.5.1.4. Animal Feed
        • 7.2.4.5.1.5. Pharmaceuticals
    • 7.2.4.6. Rest of Europe
      • 7.2.4.6.1. By Application (Value)
        • 7.2.4.6.1.1. Food & Beverages
        • 7.2.4.6.1.2. Dietary Supplements
        • 7.2.4.6.1.3. Personal Care & Cosmetics
        • 7.2.4.6.1.4. Animal Feed
        • 7.2.4.6.1.5. Pharmaceuticals

8. Asia Pacific Canthaxanthin Market Analysis, Insights and Forecast, 2025-2032

• 8.1. Key Findings / Summary
• 8.2. Market Size Estimates and Forecast
  • 8.2.1. By Source (Value)
    • 8.2.1.1. Natural
    • 8.2.1.2. Synthetic
  • 8.2.2. By Form (Value)
    • 8.2.2.1. Liquid
    • 8.2.2.2. Powder
    • 8.2.2.3. Beadlet
  • 8.2.3. By Application (Value)
    • 8.2.3.1. Food & Beverages
    • 8.2.3.2. Dietary Supplements
    • 8.2.3.3. Personal Care & Cosmetics
    • 8.2.3.4. Animal Feed
    • 8.2.3.5. Pharmaceuticals
  • 8.2.4. By Country
    • 8.2.4.1. China
      • 8.2.4.1.1. By Application (Value)
        • 8.2.4.1.1.1. Food & Beverages
        • 8.2.4.1.1.2. Dietary Supplements
        • 8.2.4.1.1.3. Personal Care & Cosmetics
        • 8.2.4.1.1.4. Animal Feed
        • 8.2.4.1.1.5. Pharmaceuticals
    • 8.2.4.2. India
      • 8.2.4.2.1. By Application (Value)
        • 8.2.4.2.1.1. Food & Beverages
        • 8.2.4.2.1.2. Dietary Supplements
        • 8.2.4.2.1.3. Personal Care & Cosmetics
        • 8.2.4.2.1.4. Animal Feed
        • 8.2.4.2.1.5. Pharmaceuticals
    • 8.2.4.3. Japan
      • 8.2.4.3.1. By Application (Value)
        • 8.2.4.3.1.1. Food & Beverages
        • 8.2.4.3.1.2. Dietary Supplements
        • 8.2.4.3.1.3. Personal Care & Cosmetics
        • 8.2.4.3.1.4. Animal Feed
        • 8.2.4.3.1.5. Pharmaceuticals
    • 8.2.4.4. Australia
      • 8.2.4.4.1. By Application (Value)
        • 8.2.4.4.1.1. Food & Beverages
        • 8.2.4.4.1.2. Dietary Supplements
        • 8.2.4.4.1.3. Personal Care & Cosmetics
        • 8.2.4.4.1.4. Animal Feed
        • 8.2.4.4.1.5. Pharmaceuticals
    • 8.2.4.5. Rest of Asia Pacific
      • 8.2.4.5.1. By Application (Value)
        • 8.2.4.5.1.1. Food & Beverages
        • 8.2.4.5.1.2. Dietary Supplements
        • 8.2.4.5.1.3. Personal Care & Cosmetics
        • 8.2.4.5.1.4. Animal Feed
        • 8.2.4.5.1.5. Pharmaceuticals

9. South America Canthaxanthin Market Analysis, Insights and Forecast, 2025-2032

• 9.1. Key Findings / Summary
• 9.2. Market Size Estimates and Forecast
  • 9.2.1. By Source (Value)
    • 9.2.1.1. Natural
    • 9.2.1.2. Synthetic
  • 9.2.2. By Form (Value)
    • 9.2.2.1. Liquid
    • 9.2.2.2. Powder
    • 9.2.2.3. Beadlet
  • 9.2.3. By Application (Value)
    • 9.2.3.1. Food & Beverages
    • 9.2.3.2. Dietary Supplements
    • 9.2.3.3. Personal Care & Cosmetics
    • 9.2.3.4. Animal Feed
    • 9.2.3.5. Pharmaceuticals
  • 9.2.4. By Country
    • 9.2.4.1. Brazil
      • 9.2.4.1.1. By Application (Value)
        • 9.2.4.1.1.1. Food & Beverages
        • 9.2.4.1.1.2. Dietary Supplements
        • 9.2.4.1.1.3. Personal Care & Cosmetics
        • 9.2.4.1.1.4. Animal Feed
        • 9.2.4.1.1.5. Pharmaceuticals
    • 9.2.4.2. Argentina
      • 9.2.4.2.1. By Application (Value)
        • 9.2.4.2.1.1. Food & Beverages
        • 9.2.4.2.1.2. Dietary Supplements
        • 9.2.4.2.1.3. Personal Care & Cosmetics
        • 9.2.4.2.1.4. Animal Feed
        • 9.2.4.2.1.5. Pharmaceuticals
    • 9.2.4.3. Rest of South America
      • 9.2.4.3.1. By Application (Value)
        • 9.2.4.3.1.1. Food & Beverages
        • 9.2.4.3.1.2. Dietary Supplements
        • 9.2.4.3.1.3. Personal Care & Cosmetics
        • 9.2.4.3.1.4. Animal Feed
        • 9.2.4.3.1.5. Pharmaceuticals

10. Middle East & Africa Canthaxanthin Market Analysis, Insights and Forecast, 2025-2032

• 10.1. Key Findings / Summary
• 10.2. Market Size Estimates and Forecast
  • 10.2.1. By Source (Value)
    • 10.2.1.1. Natural
    • 10.2.1.2. Synthetic
  • 10.2.2. By Form (Value)
    • 10.2.2.1. Liquid
    • 10.2.2.2. Powder
    • 10.2.2.3. Beadlet
  • 10.2.3. By Application (Value)
    • 10.2.3.1. Food & Beverages
    • 10.2.3.2. Dietary Supplements
    • 10.2.3.3. Personal Care & Cosmetics
    • 10.2.3.4. Animal Feed
    • 10.2.3.5. Pharmaceuticals
  • 10.2.4. By Country
    • 10.2.4.1. South Africa
      • 10.2.4.1.1. By Application (Value)
        • 10.2.4.1.1.1. Food & Beverages
        • 10.2.4.1.1.2. Dietary Supplements
        • 10.2.4.1.1.3. Personal Care & Cosmetics
        • 10.2.4.1.1.4. Animal Feed
        • 10.2.4.1.1.5. Pharmaceuticals
    • 10.2.4.2. UAE
      • 10.2.4.2.1. By Application (Value)
        • 10.2.4.2.1.1. Food & Beverages
        • 10.2.4.2.1.2. Dietary Supplements
        • 10.2.4.2.1.3. Personal Care & Cosmetics
        • 10.2.4.2.1.4. Animal Feed
        • 10.2.4.2.1.5. Pharmaceuticals
    • 10.2.4.3. Rest of Middle East & Africa
      • 10.2.4.3.1. By Application (Value)
        • 10.2.4.3.1.1. Food & Beverages
        • 10.2.4.3.1.2. Dietary Supplements
        • 10.2.4.3.1.3. Personal Care & Cosmetics
        • 10.2.4.3.1.4. Animal Feed
        • 10.2.4.3.1.5. Pharmaceuticals

11. Competitive Matrix

• 11.1. Business Strategies Adopted by Leading Players
• 11.2. Global Canthaxanthin Market Revenue Share/Ranking Analysis, By Key Manufacturer, 2024

12. Company Profiles

• 12.1. Divi's Nutraceuticals
  • 12.1.1. Overview
  • 12.1.2. Description
  • 12.1.3. Product Portfolio
  • 12.1.4. Financials (Data as available in public domain and/or on paid databases)
  • 12.1.5. Recent Developments
• 12.2. ZMC
  • 12.2.1. Overview
  • 12.2.2. Description
  • 12.2.3. Product Portfolio
  • 12.2.4. Financials (Data as available in public domain and/or on paid databases)
  • 12.2.5. Recent Developments
• 12.3. Merck Group
  • 12.3.1. Overview
  • 12.3.2. Description
  • 12.3.3. Product Portfolio
  • 12.3.4. Financials (Data as available in public domain and/or on paid databases)
  • 12.3.5. Recent Developments
• 12.4. National Analytical Corporation
  • 12.4.1. Overview
  • 12.4.2. Description
  • 12.4.3. Product Portfolio
  • 12.4.4. Financials (Data as available in public domain and/or on paid databases)
  • 12.4.5. Recent Developments
• 12.5. Guangzhou Wisdom Bio-Technology Co., Ltd.
  • 12.5.1. Overview
  • 12.5.2. Description
  • 12.5.3. Product Portfolio
  • 12.5.4. Financials (Data as available in public domain and/or on paid databases)
  • 12.5.5. Recent Developments
• 12.6. DSM-Firmenich
  • 12.6.1. Overview
  • 12.6.2. Description
  • 12.6.3. Product Portfolio
  • 12.6.4. Financials (Data as available in public domain and/or on paid databases)
  • 12.6.5. Recent Developments
• 12.7. Fenchem
  • 12.7.1. Overview
  • 12.7.2. Description
  • 12.7.3. Product Portfolio
  • 12.7.4. Financials (Data as available in public domain and/or on paid databases)
  • 12.7.5. Recent Developments
• 12.8. SimSon Pharma Limited
  • 12.8.1. Overview
  • 12.8.2. Description
  • 12.8.3. Product Portfolio
  • 12.8.4. Financials (Data as available in public domain and/or on paid databases)
  • 12.8.5. Recent Developments
• 12.9. Xi'an Healthful Biotechnology Co., Ltd.
  • 12.9.1. Overview
  • 12.9.2. Description
  • 12.9.3. Product Portfolio
  • 12.9.4. Financials (Data as available in public domain and/or on paid databases)
  • 12.9.5. Recent Developments
• 12.10. BASF SE
  • 12.10.1. Overview
  • 12.10.2. Description
  • 12.10.3. Product Portfolio
  • 12.10.4. Financials (Data as available in public domain and/or on paid databases)
  • 12.10.5. Recent Developments

13. Strategic Recommendations

14. Appendix