The Global Market for Carotenoids

The Global Market for Carotenoids

This report is an update of the BCC report The Global Market for Carotenoids, published in 2005, a study of the market situation of 2004. The market set-up for carotenoids over the past 3 years developed further and in some areas massive changes occurred. The main categories are still the same; no new types of carotenoids entered the market, but in almost all product categories developments in technology, applications, and especially market structures have taken place.

Beta-carotene is still the most prominent carotenoid used in foods and supplements, but due to a changing consumer perception, primarily in Europe, the product is suffering from natural replacements, specifically carrot juice, and market growth in the past few years was much lower than expected. In parallel, the number of producers of synthetic and algae derived beta-carotene rose sharply, which added to the imbalance of supply and demand, driving prices down.

Lycopene, an antioxidant recommended to prevent prostate cancer and traditionally supplied as an extract from tomato, saw unprecedented price decreases, mainly because of a number of new producers, an only moderately growing market in North America, and the inability to sell synthetic lycopene in Europe, due to lack of EU permission. However, fermentation derived material is now available and registered in North America and in Europe.

The lutein market was booming until 2004, but started, like lycopene, to suffer from a number of new market entries. Lutein for feed and for supplements is offered at prices lower than ever before.

Canthaxanthin is still the color of choice for introducing a red tone in egg yolks and to provide a cost competitive red background color in fish and shrimp. The number of canthaxanthin producers is extremely high as never, but application segments have only expanded moderately. Massive price erosions were the consequence and some manufacturers started to promote its use in the supplement sector to escape the decreasing profitability of the product in feed.

Astaxanthin, the color of choice for pigmenting fish and shrimp, expanded its market, but also suffered (as most other carotenoids) from an increasing number of suppliers and subsequent price erosion. Most astaxanthin is still produced by chemical synthesis. The fermentation product from Tate & Lyle is no longer on the market but algae products are making an increasing inroad into the astaxanthin market, not so much for fish coloring but for enriching supplements with an antioxidant, the health effects of which are claimed to be numerous.

Apo-carotenal and apo-ester are still on the market and despite the previous assumption that they will phase out sooner or later, they enjoyed some market growth in recent years, and even a new market entry took place.

Annatto, a carotenoid extract from a tree, has been on the market for a long while. Revisiting and analyzing in detail the annatto market revealed that the previous market data provided underestimated its importance and therefore the product section is not only an update from previous ones but sheds a completely new light on annatto. 
 

INTRODUCTION

STUDY GOAL AND OBJECTIVES

REASONS FOR DOING THE STUDY

INTENDED AUDIENCE

SCOPE OF REPORT

INFORMATION SOURCES

ANALYST’S CREDENTIALS

RELATED BCC REPORTS

BCC ONLINE SERVICES

DISCLAIMER

EXECUTIVE SUMMARY

SUMMARY TABLE GLOBAL CAROTENOID MARKET VALUE BY PRODUCT, THOUGH 2015 ($ MILLIONS)

SUMMARY FIGURE GLOBAL CAROTENOID MARKET VALUE BY PRODUCT 2007 AND 2015 ($ MILLIONS)

OVERVIEW

THE CAROTENOID MARKET BY VALUE

FIGURE 1 GLOBAL CAROTENOID MARKET VALUE BY PRODUCT TYPE, 2007 AND 2015 ($ MILLIONS)

THE CAROTENOID MARKET BY APPLICATION

TABLE 1 GLOBAL CAROTENOID MARKET BY TYPE OF APPLICATION, 2007 ($ MILLIONS)

TABLE 2 GLOBAL CAROTENOID MARKET BY TYPE OF APPLICATION, 2015 ($ MILLIONS)

THE CAROTENOID MARKET BY REGION

TABLE 3 GLOBAL CAROTENOID MARKET BY REGION, 2007 ($ MILLIONS)

THE CAROTENOID MARKET BY PRODUCTION METHOD

TABLE 4 GLOBAL CAROTENOID MARKET BY PRODUCTION METHOD, 2007 ($ MILLIONS)

THE MARKET FOR CAROTENOIDS BY COMPANY

TABLE 5 GLOBAL CAROTENOID MARKET BY PRODUCT AND PRODUCER, 2007 ($ MILLIONS)

CAROTENOID INDUSTRY STRUCTURE AND MARKETS: BETACAROTENE

PRODUCT IDENTITY AND RECENT DEVELOPMENTS

PRODUCT IDENTITY

TABLE 6 PHYSICAL-CHEMICAL PROPERTIES OF BETA-CAROTENE

RECENT DEVELOPMENTS

GOVERNMENT REGULATIONS AND CHANGING CONSUMER

PERCEPTION

GOVERNMENT REGULATIONS

Government Regulations (Continued)

CHANGING CONSUMER PERCEPTION

Changing Consumer Perception (Continued)

DEVELOPMENT OF CONSUMPTION

FIGURE 2 GLOBAL BETA-CAROTENE CONSUMPTION, 1984-2007 (TONS CRYSTALLINE)

MARKET DEVELOPMENT OF BETA-CAROTENE AS A FOOD COLORANT

TABLE 7 GLOBAL BETA-CAROTENE CONSUMPTION IN FOODS, 1984-2007

TABLE 8 GLOBAL CONSUMPTION OF BETA-CAROTENE CONSUMPTION BY FOOD TYPE, 2004 AND 2007 (TONS CRYSTALLINE)

FIGURE 3 STRUCTURE OF BETA-CAROTENE CONSUMPTION BY FOOD SEGMENT, 2007 (%)

FIGURE 4 RELEVANCE OF DIFFERENT REGIONS FOR BETACAROTENE CONSUMPTION IN FOODS, 2004 AND 2007

MARKET DEVELOPMENT OF BETA-CAROTENE IN SUPPLEMENTS

TABLE 9 GLOBAL BETA-CAROTENE CONSUMPTION IN SUPPLEMENTS, 1984-2007

TABLE 10 RELATIVE IMPORTANCE OF TYPE OF SERVING FOR BETA-CAROTENE CONSUMPTION IN SUPPLEMENTS, 2002-2007 (%)

FIGURE 5 RELEVANCE OF DIFFERENT REGIONS FOR BETACAROTENE CONSUMPTION IN SUPPLEMENTS, 2004 AND 2007 (%)

MARKET DEVELOPMENT OF BETA-CAROTENE IN FEED

TABLE 11 GLOBAL BETA-CAROTENE CONSUMPTION IN FEED, 1984-2007

FIGURE 6 RELEVANCE OF DIFFERENT REGIONS FOR BETACAROTENE CONSUMPTION IN FEED, 2004 AND 2007 (%)

MARKET DEVELOPMENT OF BETA-CAROTENE IN COSMETICS

TABLE 12 GLOBAL BETA-CAROTENE CONSUMPTION IN COSMETICS, 1984-2007

SUMMARY OF CONSUMPTION BY APPLICATION AND GEOGRAPHIC AREA

TABLE 13 TOTAL BETA-CAROTENE CONSUMPTION BY REGION, 1984-2007 (TONS CRYSTALLINE)

TABLE 14 BETA-CAROTENE CONSUMPTION BY REGION AND APPLICATION, 2007 (TONS CRYSTALLINE)

PRODUCTION TECHNOLOGIES

CHEMICAL SYNTHESIS

FERMENTATION

EXTRACTION FROM ALGAE

EXTRACTION FROM PALM OIL

TABLE 15 TYPICAL PROFILES OF CAROTENOID PRODUCTS BY TYPE OF MANUFACTURING PROCESS

TABLE 16 GLOBAL BETA-CAROTENE CONSUMPTION BY TYPE OF PRODUCTION, 2002-2007 (TONS CRYSTALLINE)

FIGURE 7 STRUCTURE OF GLOBAL BETA-CAROTENE CONSUMPTION BY TYPE OF MANUFACTURING, 2007 (%)

TABLE 17 GLOBAL BETA-CAROTENE CONSUMPTION BY PRODUCTION TYPE AND APPLICATION, 2007 (TONS CRYSTALLINE)

FORMULATIONS

PRINCIPLES AND FORMULATIONS AVAILABLE

Principles and Formulations Available (Continued)

TABLE 18 PRODUCT CHARACTERISTICS OF TYPICAL 30% BETACAROTENE OIL SUSPENSIONS

TABLE 19 PRODUCT CHARACTERISTICS OF A 10% BETACAROTENE CWD PRODUCT

TABLE 20 PRODUCT CHARACTERISTICS OF A 10% BETACAROTENE TABLET GRADE FORMULATION

TABLE 21 PRODUCT CHARACTERISTICS OF A 20% BETACAROTENE

TABLET GRADE FORMULATION

CONSUMPTION BY TYPE OF FORMULATION

TABLE 22 TYPES OF FORMULATIONS OFFERED BY ORIGIN OF BETA-CAROTENE

TABLE 22 (CONTINUED)

TABLE 23 GLOBAL BETA-CAROTENE CONSUMPTION AND SHARE BY FORMULATION, 2004 AND 2007

FIGURE 8 STRUCTURE OF BETA-CAROTENE CONSUMPTION BY TYPE OF FORMULATION, 2007 (%)

TABLE 24 GLOBAL BETA-CAROTENE CONSUMPTION BY APPLICATION AND FORMULATION, 2007 (TONS CRYSTALLINE)

PRICE DEVELOPMENTS

PRICE DEVELOPMENTS (CONTINUED)

PRICE DEVELOPMENTS (CONTINUED)

FIGURE 9 DEVELOPMENT OF PRICES FOR SYNTHETIC 30% OIL SUSPENSION PER KG CRYSTALLINE EQUIVALENT, 1990-2007 ($/KG AND €/KG)

FIGURE 10 DEVELOPMENT OF PRICES FOR 30% BETA-CAROTENE OIL DERIVED FROM ALGAE (PER KG CRYSTALLINE), 1998-2007 ($/KG AND €/KG)

TABLE 25 TYPICAL PRICES OF MAJOR BETA-CAROTENE PRODUCTS 2004 AND 2007 ($/KG PRODUCT)

MARKET VALUE

TABLE 26 GLOBAL BETA-CAROTENE MARKET AND STRUCTURE BY TYPE OF FORMULATION, 2004 AND 2007 ($ MILLIONS)

FIGURE 11 STRUCTURE OF MARKET VALUE FOR BETACAROTENE BY TYPE OF FORMULATION, 2007 (%)

TABLE 27 GLOBAL BETA-CAROTENE MARKET AND SHARE BY APPLICATION, 2004 AND 2007 ($ MILLIONS)

TABLE 28 GLOBAL BETA-CAROTENE MARKET AND SHARE BY REGION, 2004 AND 2007 ($ MILLIONS)

TABLE 29 GLOBAL BETA-CAROTENE MARKET AND SHARE BY TYPE OF MANUFACTURING, 2004 AND 2007 ($ MILLIONS)

MARKETING SYSTEMS AND MARKET SHARES

MARKETING SYSTEMS

Food Coloring

Food Coloring (Continued)

Supplements

Feed

Cosmetics

MARKET SHARES

TABLE 30 COMPANIES CLAIMING TO PRODUCE BETA-CAROTENE, 2007

TABLE 31 MARKET SHARES OF MAJOR BETA-CAROTENE PRODUCERS, 1999-2007 (%)

FIGURE 12 MARKET SHARES OF BETA-CAROTENE PRODUCERS, 2007

CURRENT AND FUTURE DEMAND

VOLUME DEVELOPMENTS

Food Coloring

TABLE 32 EXPECTED COMPOUND ANNUAL GROWTH RATES OF BETA-CAROTENE CONSUMPTION IN FOODS, BY REGION, THROUGH 2015

Supplements

TABLE 33 COMPOUND ANNUAL GROWTH RATES OF BETACAROTENE CONSUMPTION IN SUPPLEMENTS, BY REGION, THROUGH 2015

Feed

TABLE 34 COMPOUND ANNUAL GROWTH RATES OF BETACAROTENE CONSUMPTION IN FEED BY REGION, THROUGH 2015

Cosmetics

TABLE 35 COMPOUND ANNUAL GROWTH RATES OF BETACAROTENE CONSUMPTION IN COSMETICS BY REGION, THROUGH 2015

PRICE DEVELOPMENTS

TABLE 36 EXPECTED PRICES FOR TYPICAL BETA-CAROTENE PRODUCTS, 2007-2015 ($/KG CRYSTALLINE)

INDUSTRY CONSOLIDATION

STRUCTURE OF FUTURE DEMAND

TABLE 37 GLOBAL BETA-CAROTENE CONSUMPTION AND SHARE BY APPLICATION, THROUGH 2015 (TONS CRYSTALLINE)

TABLE 38 GLOBAL BETA-CAROTENE CONSUMPTION AND SHARE BY REGION, THROUGH 2015 (TONS CRYSTALLINE)

TABLE 39 GLOBAL BETA-CAROTENE CONSUMPTION AND SHARE BY TYPE OF PRODUCTION, THROUGH 2015 (TONS CRYSTALLINE)

TABLE 40 GLOBAL BETA-CAROTENE MARKET AND SHARE BY APPLICATION, THROUGH 2015 ($ MILLIONS)

FIGURE 13 STRUCTURE OF GLOBAL BETA-CAROTENE MARKET VALUE ($285 MILLION), 2015 (%)

CAROTENOID INDUSTRY STRUCTURE AND MARKETS: LYCOPENE

PRODUCT IDENTITY AND RECENT DEVELOPMENTS

PRODUCT IDENTITY

TABLE 41 PHYSICAL-CHEMICAL PROPERTIES OF LYCOPENE

RECENT DEVELOPMENTS

GOVERNMENT REGULATIONS

TABLE 42 SPECIFICATION OF LYCOPENE FROM FERMENTATION ALLOWED FOR USE UNDER THE NOVEL FOOD ACT

TABLE 43 SPECIFICATION OF FOOD CATEGORIES AND UPPER INCLUSION LEVELS FOR USE OF FERMENTATION DERIVED LYCOPENE UNDER THE NOVEL FOOD ACT

PRODUCTION TECHNOLOGIES

Chemical synthesis

Extraction

Fermentation

FORMULATIONS

TABLE 44 TYPICAL DATA SHEET OF LYCOPENE 15% OIL SUSPENSION, NATURAL EXTRACT

TABLE 44 (CONTINUED)

TABLE 45 TYPICAL DATA SHEET OF LYCOPENE 5% POWDER, NATURAL EXTRACT

TABLE 46 TYPICAL DATA SHEET LYCOPENE 5% POWDER SYNTHETIC ORIGIN

TABLE 46 (CONTINUED)

TABLE 47 TYPICAL DATA SHEET OF LYCOPENE 10% OIL SUSPENSION, SYNTHETIC ORIGIN

TABLE 48 TYPICAL DATA SHEET OF LYCOPENE FROM BLAKESLEA TRISPORA AS 20% OIL SUSPENSION

TABLE 48 (CONTINUED)

DEVELOPMENT OF CONSUMPTION

FIGURE 14 GLOBAL LYCOPENE CONSUMPTION BY APPLICATION 1990-2007 (TONS CRYSTALLINE)

TABLE 49 DEVELOPMENT OF GLOBAL LYCOPENE CONSUMPTION BY REGION THROUGH 2007 (TONS CRYSTALLINE)

FIGURE 15 STRUCTURE OF GLOBAL LYCOPENE CONSUMPTION BY REGION, 2007 (%)

TABLE 50 DEVELOPMENT OF LYCOPENE CONSUMPTION BY TYPE OF PRODUCTION, THROUGH 2007 (TONS CRYSTALLINE)

PRICE DEVELOPMENTS

TABLE 51 MARKET PRICES FOR LYCOPENE PRODUCTS BY SOURCE, 2004 AND 2007 ($/KG CRYSTALLINE)

MARKET VALUE

TABLE 52 MARKET VALUE DEVELOPMENT OF LYCOPENE BY REGION THROUGH 2007 ($ MILLIONS)

MARKETING SYSTEMS AND MARKET SHARES

Marketing systems

Market Shares

TABLE 53 MARKET SHARES OF LYCOPENE PRODUCERS, 2004 AND 2007 (TONS CRYSTALLINE)

FIGURE 16 MARKET SHARES OF LYCOPENE PRODUCERS, 2007 (%, 18 TONS)

CURRENT AND FUTURE MARKET

TABLE 54 GLOBAL LYCOPENE CONSUMPTION AND SHARE BY REGION THROUGH 2015 (TONS CRYSTALLINE)

TABLE 55 GLOBAL LYCOPENE CONSUMPTION AND SHARE BY APPLICATION, THROUGH 2015 (TONS CRYSTALLINE)

TABLE 56 GLOBAL LYCOPENE CONSUMPTION AND SHARE BY TYPE OF MANUFACTURING, THROUGH 2015 (TONS CRYSTALLINE)

TABLE 57 GLOBAL LYCOPENE MARKET VALUE AND SHARE BY REGION, THROUGH 2015 ($ MILLIONS)

FIGURE 17 STRUCTURE OF GLOBAL LYCOPENE MARKET VALUE BY REGION, 2015 (%)

CAROTENOID INDUSTRY STRUCTURE AND MARKETS: LUTEIN

PRODUCT IDENTITY AND RECENT DEVELOPMENTS

PRODUCT IDENTITY

TABLE 58 PHYSICAL-CHEMICAL PROPERTIES OF CRYSTALLINE LUTEIN

RECENT DEVELOPMENTS

GOVERNMENT REGULATIONS

PRODUCTION TECHNOLOGY

TABLE 59 TYPICAL CAROTENOID COMPOSITION OF CRUDE TAGETES PETALS (%)

FORMULATIONS

Feed

TABLE 60 DATA SHEET OF A LUTEIN PRODUCT FOR FEED

Supplements and Food

TABLE 61 DATA SHEET OF FREE LUTEIN 5% POWDER

TABLE 62 DATA SHEET OF LUTEIN ESTER 30% OIL SUSPENSION

TABLE 63 DATA SHEET OF 10% LUTEIN ESTER POWDER

TABLE 64 DATA SHEET OF 40% LUTEIN ESTER BEADLETS

TABLE 65 DATA SHEET OF FREE LUTEIN 20% OIL SUSPENSION

DEVELOPMENT OF CONSUMPTION

Lutein for Feed

FIGURE 18 DEVELOPMENT OF LUTEIN CONSUMPTION IN FEED 1992-2007 (TONS CRYSTALLINE)

TABLE 66 LUTEIN CONSUMPTION FOR FEED BY REGION, 2004 AND 2007 (TONS CRYSTALLINE)

Lutein for Supplements

FIGURE 19 GLOBAL LUTEIN CONSUMPTION FOR SUPPLEMENTS, 2000-2007 (TONS CRYSTALLINE)

TABLE 67 LUTEIN CONSUMPTION FOR SUPPLEMENTS BY REGION, 2004 AND 2007 (TONS CRYSTALLINE)

Lutein for Food and Other Applications

PRICE DEVELOPMENTS

TABLE 68 DEVELOPMENT OF LUTEIN PRICES FOR VARIOUS PRODUCT TYPES, THROUGH 2027 ($/KG CRYSTALLINE)

MARKET VALUE

TABLE 69 LUTEIN MARKET VALUE FOR SUPPLEMENTS BY REGION, 2004 AND 2007 ($ MILLIONS)

TABLE 70 STRUCTURE OF THE TOTAL LUTEIN MARKET VALUE, 2004 AND 2007 ($ MILLIONS)

MARKETING SYSTEMS AND MARKET SHARES

Marketing Systems

TABLE 71 LUTEIN SUPPLIERS IN 2007—A SELECTION

TABLE 71 (CONTINUED)

Market Shares

TABLE 72 MARKET SHARES OF COMPANIES OFFERING/MANUFACTURING SUPPLEMENT GRADE LUTEIN PRODUCTS, 2004 AND 2007 (TONS CRYSTALLINE)

FIGURE 20 MARKET SHARES OF LUTEIN SUPPLIERS FOR SUPPLEMENTS, 2007 (%, 25 TONS)

CURRENT AND FUTURE DEMAND

TABLE 73 GLOBAL LUTEIN CONSUMPTION BY APPLICATION, THROUGH 2015 (TONS CRYSTALLINE)

TABLE 74 GLOBAL LUTEIN MARKET VALUE BY APPLICATION, THROUGH 2015 ($ MILLIONS)

CAROTENOID INDUSTRY STRUCTURE AND MARKETS: ZEAXANTHIN

PRODUCT IDENTITY AND RECENT DEVELOPMENTS

PRODUCT IDENTITY

TABLE 75 PHYSICAL-CHEMICAL PROPERTIES OF ZEAXANTHIN

RECENT DEVELOPMENTS

GOVERNMENT REGULATIONS

PRODUCTION TECHNOLOGIES

FORMULATIONS

TABLE 76 DATA SHEET OF A 10% ZEAXANTHIN OIL SUSPENSION FROM NATURAL SOURCES

TABLE 77 DATA SHEET OF A 1 % ZEAXANTHIN POWDER FROM NATURAL SOURCES

TABLE 78 DATA SHEET OF A 17.5% ZEAXANTHIN POWDER FROM NATURAL SOURCES

TABLE 79 DATA SHEET OF A 5% ZEAXANTHIN POWDER FROM CHEMICAL SYNTHESIS

TABLE 80 DATA SHEET OF A 20% ZEAXANTHIN OIL SUSPENSION FROM CHEMICAL SYNTHESIS

DEVELOPMENT OF CONSUMPTION

TABLE 81 ZEAXANTHIN CONSUMPTION BY REGION, THROUGH 2007 (TONS CRYSTALLINE)

PRICE DEVELOPMENT

MARKET VALUE

TABLE 82 ZEAXANTHIN MARKET VALUE BY REGION, THROUGH 2007 ($ MILLIONS)

MARKETING SYSTEMS AND MARKET SHARES

FIGURE 21 MARKET SHARES OF ZEAXANTHIN PRODUCERS, 2007 (%, 4 TONS)

CURRENT AND FUTURE DEMAND

TABLE 83 ZEAXANTHIN MARKET VALUE BY REGION, THROUGH 2015 ($ MILLIONS)

CAROTENOID INDUSTRY STRUCTURE AND MARKETS: APOCAROTENAL

PRODUCT IDENTITY AND RECENT DEVELOPMENTS

PRODUCT IDENTITY

TABLE 84 PHYSICAL-CHEMICAL PROPERTIES OF BETA-APO-8-CAROTENAL

RECENT DEVELOPMENTS

GOVERNMENT REGULATION

PRODUCTION TECHNOLOGIES

FORMULATIONS

TABLE 85 DATA SHEET OF 20% BETA-APO-8-CAROTENAL OIL SUSPENSION

DEVELOPMENT OF CONSUMPTION

FIGURE 22 GLOBAL BETA-APO-8-CAROTENAL CONSUMPTION, 1990-2007 (TONS CRYSTALLINE)

TABLE 86 BETA-APO-8-CAROTENAL CONSUMPTION BY REGION, 2004 AND 2007 (TONS CRYSTALLINE)

FIGURE 23 CONSUMPTION OF BETA-APO-8-CAROTENAL BY REGION, 2007 (%)

PRICE DEVELOPMENT

TABLE 87 PRICE DEVELOPMENT OF BETA-APO-8-CAROTENAL, THROUGH 2007 ($/KG CRYSTALLINE)

MARKET VALUE

TABLE 88 BETA-APO-8-CAROTENAL MARKET VALUE, THROUGH 2007 ($ MILLIONS)

MARKETING SYSTEMS AND MARKET SHARES

CURRENT AND FUTURE DEMAND

TABLE 89 BETA-APO-8-CAROTENAL CONSUMPTION BY REGION, THROUGH 2015 (TONS CRYSTALLINE)

TABLE 90 BETA-APO-8-CAROTENAL MARKET BY REGION, THROUGH 2015 ($ MILLIONS)

CAROTENOID INDUSTRY STRUCTURE AND MARKET: APO-ESTER

PRODUCT IDENTITY AND RECENT DEVELOPMENTS

PRODUCT IDENTITY

TABLE 91 PHYSICAL-CHEMICAL PROPERTIES OF CRYSTALLINE APO-ESTER

RECENT DEVELOPMENTS

GOVERNMENT REGULATIONS

PRODUCTION TECHNOLOGIES

FORMULATIONS

TABLE 92 DATA SHEET FOR APO-ESTER 10% POWDER

DEVELOPMENT OF CONSUMPTION

FIGURE 24 GLOBAL APO-ESTER CONSUMPTION BY APPLICATION, 1990-2007 (TONS CRYSTALLINE)

TABLE 93 APO-ESTER CONSUMPTION BY REGION, 2004 AND 2007 (TONS CRYSTALLINE)

FIGURE 25 STRUCTURE OF APO-ESTER CONSUMPTION BY REGION, 2007 (%)

PRICE DEVELOPMENTS

TABLE 94 PRICE DEVELOPMENT OF APO-ESTER, THROUGH 2007 ($KG/CRYSTALLINE)

MARKET VALUE

TABLE 95 GLOBAL APO-ESTER MARKET VALUE, THROUGH 2007 ($ MILLIONS)

MARKET SYSTEMS AND MARKET SHARES

CURRENT AND FUTURE DEMAND

TABLE 96 GLOBAL APO-ESTER CONSUMPTION BY APPLICATION, THROUGH 2015 (TONS CRYSTALLINE)

TABLE 97 GLOBAL APO-ESTER MARKET VALUE BY APPLICATION THROUGH 2015 ($ MILLIONS)

CAROTENOID INDUSTRY STRUCTURE AND MARKETS:CANTHAXANTHIN

PRODUCT IDENTITY AND RECENT DEVELOPMENTS

PRODUCT IDENTITY

TABLE 98 PHYSICAL-CHEMICAL PROPERTIES OF CRYSTALLINE CANTHAXANTHIN

RECENT DEVELOPMENTS

GOVERNMENT REGULATIONS

PRODUCTION TECHNOLOGIES

FORMULATIONS

TABLE 99 DATA SHEET OF A COMMERCIAL 10% CWD FEED-GRADE CANTHAXANTHIN PRODUCT

DEVELOPMENT OF CONSUMPTION

COLORING EGG YOLKS

FISH PIGMENTATION

FOOD COLORING

SUPPLEMENT USAGE

COSMETIC APPLICATIONS

FIGURE 26 GLOBAL CANTHAXANTHIN CONSUMPTION BY APPLICATION, 1990-2007 (TONS CRYSTALLINE)

TABLE 100 CANTHAXANTHIN CONSUMPTION BY REGION, 2007 (TONS CRYSTALLINE)

FIGURE 27 CANTHAXANTHIN CONSUMPTION BY REGION, 2007 (%, 132 TONS)

PRICE DEVELOPMENTS

TABLE 101 PRICE DEVELOPMENT OF CANTHAXANTHIN, THROUGH 2007 ($/KG CRYSTALLINE)

MARKET VALUE

TABLE 102 GLOBAL CANTHAXANTHIN MARKET VALUE BY APPLICATION, THROUGH 2007 ($ MILLIONS)

FIGURE 28 STRUCTURE OF CANTHAXANTHIN MARKET VALUE BY APPLICATION, 2007 (%)

MARKETING SYSTEMS AND MARKET SHARES

TABLE 103 MARKET SHARES OF CANTHAXANTHIN PRODUCERS, 2004 AND 2007 (%)

FIGURE 29 MARKET SHARES OF CANTHAXANTHIN PRODUCER, 2007 (%)

CURRENT AND FUTURE DEMAND

TABLE 104 GLOBAL CANTHAXANTHIN CONSUMPTION BY APPLICATION, THROUGH 2015 (TONS CRYSTALLINE)

TABLE 105 CANTHAXANTHIN CONSUMPTION BY REGION, THROUGH 2015 (TONS CRYSTALLINE)

TABLE 106 GLOBAL CANTHAXANTHIN MARKET VALUE BY APPLICATION, THROUGH 2015 ($ MILLIONS)

CAROTENOID INDUSTRY STRUCTURE AND MARKETS: ASTAXANTHIN

PRODUCT IDENTITY AND RECENT DEVELOPMENTS

PRODUCT IDENTITY

TABLE 107 PHYSICAL-CHEMICAL PROPERTIES OF ASTAXANTHIN

RECENT DEVELOPMENTS

GOVERNMENT REGULATIONS

PRODUCTION TECHNOLOGIES

CHEMICAL SYNTHESIS

FERMENTATION

ALGAE PRODUCTION

FORMULATIONS

TABLE 108 DATA SHEET OF A 10% ASTAXANTHIN PRODUCT FROM CHEMICAL SYNTHESIS

TABLE 109 DATA SHEET OF A 0.5% ASTAXANTHIN PRODUCT FROM PHAFFIA RHODOZYMA

TABLE 110 DATA SHEET OF A 2.5% ASTAXANTHIN OLEORESIN PRODUCT FROM HAEMATOCOCCUS PLUVIALIS

TABLE 111 DATA SHEET OF A 5% ASTAXANTHIN POWDER FROM HAEMATOCOCCUS PLUVIALIS

DEVELOPMENT OF CONSUMPTION

TABLE 112 DEVELOPMENT OF SALMONID FISH AND SHRIMP PRODUCTION, THROUGH 2007 (MILLION TONS)

FIGURE 30 GLOBAL ASTAXANTHIN CONSUMPTION BY APPLICATION, 1993-2007 (TONS CRYSTALLINE)

TABLE 113 GLOBAL ASTAXANTHIN CONSUMPTION BY REGION, THROUGH 2007 (TONS CRYSTALLINE)

FIGURE 31 STRUCTURE OF ASTAXANTHIN CONSUMPTION BY REGION, 2007 (%, 152 TONS)

TABLE 114 GLOBAL ASTAXANTHIN CONSUMPTION AND SHARE BY APPLICATION, 2004 AND 2007 (TONS CRYSTALLINE)

FIGURE 32 CONSUMPTION OF ASTAXANTHIN BY APPLICATION, 2007 (%)

TABLE 115 GLOBAL ASTAXANTHIN CONSUMPTION BY PRODUCTION TYPE, 1995-2007 (TONS CRYSTALLINE)

PRICE DEVELOPMENTS

TABLE 116 PRICE DEVELOPMENT OF SYNTHETIC ASTAXANTHIN, 1984-2007 ($/KG CRYSTALLINE)

MARKET VALUE

TABLE 117 ASTAXANTHIN MARKET VALUE AND SHARE BY REGION, 1993-2007 ($ MILLIONS)

TABLE 118 ASTAXANTHIN MARKET VALUE BY TYPE OF PRODUCTION, 2007 ($ MILLIONS/%)

MARKETING SYSTEMS AND MARKET SHARES

MARKETING SYSTEMS

MARKET SHARES

TABLE 119 MARKET SHARES OF ASTAXANTHIN PRODUCERS, 2004 AND 2007 (%)

FIGURE 33 MARKET SHARES OF ASTAXANTHIN PRODUCERS, 2007 (%)

CURRENT AND FUTURE DEMAND

CURRENT AND FUTURE DEMAND (CONTINUED)

TABLE 120 ASTAXANTHIN CONSUMPTION BY REGION, THROUGH 2015 (TONS CRYSTALLINE)

TABLE 121 GLOBAL ASTAXANTHIN CONSUMPTION BY APPLICATION, THROUGH 2015 (TONS CRYSTALLINE)

TABLE 122 GLOBAL ASTAXANTHIN CONSUMPTION BY PRODUCTION TYPE, THROUGH 2015 (TONS CRYSTALLINE)

TABLE 123 ASTAXANTHIN MARKET BY REGION, THROUGH 2015 ($ MILLIONS)

CAROTENOID INDUSTRY STRUCTURE AND MARKETS: ANNATTO

PRODUCT IDENTITY AND RECENT DEVELOPMENTS

PRODUCT IDENTITY

TABLE 124 PHYSICAL-CHEMICAL PARAMETERS OF BIXIN AND NORBIXN

RECENT DEVELOPMENTS

GOVERNMENT REGULATIONS

PRODUCTION TECHNOLOGY

FORMULATIONS

TABLE 125 DATA SHEETS OF BIXIN AND NORBIXIN

TABLE 126 TYPICAL APPLICATIONS OF BIXIN AND NORBIXIN

DEVELOPMENT OF CONSUMPTION

TABLE 127 DEVELOPMENT OF COMMERCIAL GLOBAL ANNATTO SEED PRODUCTION AND USAGE, THROUGH 2007 (TONS)

FIGURE 34 DEVELOPMENT OF GLOBAL BIXIN AND NORBIXIN CONSUMPTION, 1988-2007 (TONS CRYSTALLINE EQUIVALENTS)

FIGURE 34 (CONTINUED)

TABLE 128 BIXIN AND NORBIXIN CONSUMPTION BY REGION, 2004 AND 2007 (TONS CRYSTALLINE)

FIGURE 35 CONSUMPTION OF BIXIN AND NORBIXIN BY REGION, 2007 (%)

FIGURE 36 USAGE OF BIXIN AND NORBIXIN BY APPLICATION (%)

PRICE DEVELOPMENT

TABLE 129 DEVELOPMENT OF ANNATTO SEED PRICES, 1984-2007 ($/TON)

TABLE 130 DEVELOPMENT OF BIXIN AND NORBIXIN PRICES, 1988-2007 ($/KG CRYSTALLINE)

MARKET VALUE

TABLE 131 ANNATTO MARKET VALUE BY REGION, 2004 AND 2007 ($ MILLIONS)

MARKETING SYSTEMS AND MARKET SHARES

MARKETING SYSTEMS

MARKET SHARES

TABLE 132 COMPANIES SELLING ANNATTO SEED (A SELECTION)

FIGURE 37 GLOBAL MARKET SHARES OF COMPANIES ACTIVE IN THE PREPARATION AND TRADING OF BIXIN AND NORBIXIN (%)

CURRENT AND FUTURE DEMAND

TABLE 133 EXPECTED COMPOUND ANNUAL GROWTH RATES OF ANNATTO PRODUCTS, THROUGH 2015

TABLE 134 ANNATTO CONSUMPTION BY REGION, THROUGH 2015 (TONS CRYSTALLINE)

TABLE 135 ANNATTO MARKET VALUE BY REGION, THROUGH 2015 ($ MILLIONS)

LIST OF TABLES

SUMMARY TABLE GLOBAL CAROTENOID MARKET VALUE BY

PRODUCT, THOUGH 2015 ($ MILLIONS)

TABLE 1 GLOBAL CAROTENOID MARKET BY TYPE OF APPLICATION,

2007 ($ MILLIONS)

TABLE 2 GLOBAL CAROTENOID MARKET BY TYPE OF APPLICATION,

2015 ($ MILLIONS)

TABLE 3 GLOBAL CAROTENOID MARKET BY REGION, 2007

($ MILLIONS)

TABLE 4 GLOBAL CAROTENOID MARKET BY PRODUCTION METHOD,

2007 ($ MILLIONS)

TABLE 5 GLOBAL CAROTENOID MARKET BY PRODUCT AND

PRODUCER, 2007 ($ MILLIONS)

TABLE 6 PHYSICAL-CHEMICAL PROPERTIES OF BETA-CAROTENE

TABLE 7 GLOBAL BETA-CAROTENE CONSUMPTION IN FOODS, 1984-

2007

TABLE 8 GLOBAL CONSUMPTION OF BETA-CAROTENE

CONSUMPTION BY FOOD TYPE, 2004 AND 2007 (TONS

CRYSTALLINE)

TABLE 9 GLOBAL BETA-CAROTENE CONSUMPTION IN

SUPPLEMENTS, 1984-2007

TABLE 10 RELATIVE IMPORTANCE OF TYPE OF SERVING FOR BETACAROTENE

CONSUMPTION IN SUPPLEMENTS, 2002-2007 (%)

TABLE 11 GLOBAL BETA-CAROTENE CONSUMPTION IN FEED, 1984-

2007

TABLE 12 GLOBAL BETA-CAROTENE CONSUMPTION IN COSMETICS,

1984-2007

TABLE 13 TOTAL BETA-CAROTENE CONSUMPTION BY REGION,

1984-2007 (TONS CRYSTALLINE)

TABLE 14 BETA-CAROTENE CONSUMPTION BY REGION AND

APPLICATION, 2007 (TONS CRYSTALLINE)

TABLE 15 TYPICAL PROFILES OF CAROTENOID PRODUCTS BY TYPE

OF MANUFACTURING PROCESS

TABLE 16 GLOBAL BETA-CAROTENE CONSUMPTION BY TYPE OF

PRODUCTION, 2002-2007 (TONS CRYSTALLINE)

TABLE 17 GLOBAL BETA-CAROTENE CONSUMPTION BY

PRODUCTION TYPE AND APPLICATION, 2007 (TONS

CRYSTALLINE)

TABLE 18 PRODUCT CHARACTERISTICS OF TYPICAL 30%

BETA-CAROTENE OIL SUSPENSIONS

TABLE 19 PRODUCT CHARACTERISTICS OF A 10% BETA-CAROTENE

CWD PRODUCT

TABLE 20 PRODUCT CHARACTERISTICS OF A 10% BETA-CAROTENE

TABLET GRADE FORMULATION

TABLE 21 PRODUCT CHARACTERISTICS OF A 20% BETA-CAROTENE

TABLET GRADE FORMULATION

TABLE 22 TYPES OF FORMULATIONS OFFERED BY ORIGIN OF BETACAROTENE

31

TABLE 23 GLOBAL BETA-CAROTENE CONSUMPTION AND SHARE BY

FORMULATION, 2004 AND 2007

TABLE 24 GLOBAL BETA-CAROTENE CONSUMPTION BY

APPLICATION AND FORMULATION, 2007 (TONS CRYSTALLINE)

TABLE 25 TYPICAL PRICES OF MAJOR BETA-CAROTENE PRODUCTS

2004 AND 2007 ($/KG PRODUCT)

TABLE 26 GLOBAL BETA-CAROTENE MARKET AND STRUCTURE BY

TYPE OF FORMULATION, 2004 AND 2007 ($ MILLIONS)

TABLE 27 GLOBAL BETA-CAROTENE MARKET AND SHARE BY

APPLICATION, 2004 AND 2007 ($ MILLIONS)

TABLE 28 GLOBAL BETA-CAROTENE MARKET AND SHARE BY

REGION, 2004 AND 2007 ($ MILLIONS)

TABLE 29 GLOBAL BETA-CAROTENE MARKET AND SHARE BY TYPE

OF MANUFACTURING, 2004 AND 2007 ($ MILLIONS)

TABLE 30 COMPANIES CLAIMING TO PRODUCE BETA-CAROTENE,

2007

TABLE 31 MARKET SHARES OF MAJOR BETA-CAROTENE

PRODUCERS, 1999-2007 (%)

TABLE 32 EXPECTED COMPOUND ANNUAL GROWTH RATES OF

BETA-CAROTENE CONSUMPTION IN FOODS, BY REGION,

THROUGH 2015

TABLE 33 COMPOUND ANNUAL GROWTH RATES OF BETACAROTENE

CONSUMPTION IN SUPPLEMENTS, BY REGION,

THROUGH 2015

TABLE 34 COMPOUND ANNUAL GROWTH RATES OF BETACAROTENE

CONSUMPTION IN FEED BY REGION, THROUGH 2015

TABLE 35 COMPOUND ANNUAL GROWTH RATES OF BETACAROTENE

CONSUMPTION IN COSMETICS BY REGION, THROUGH

2015

TABLE 36 EXPECTED PRICES FOR TYPICAL BETA-CAROTENE

PRODUCTS, 2007-2015 ($/KG CRYSTALLINE)

TABLE 37 GLOBAL BETA-CAROTENE CONSUMPTION AND SHARE

BY APPLICATION, THROUGH 2015 (TONS CRYSTALLINE)

TABLE 38 GLOBAL BETA-CAROTENE CONSUMPTION AND SHARE

BY REGION, THROUGH 2015 (TONS CRYSTALLINE)

TABLE 39 GLOBAL BETA-CAROTENE CONSUMPTION AND SHARE BY

TYPE OF PRODUCTION, THROUGH 2015 (TONS CRYSTALLINE)

TABLE 40 GLOBAL BETA-CAROTENE MARKET AND SHARE BY

APPLICATION, THROUGH 2015 ($ MILLIONS)

TABLE 41 PHYSICAL-CHEMICAL PROPERTIES OF LYCOPENE

TABLE 42 SPECIFICATION OF LYCOPENE FROM FERMENTATION

ALLOWED FOR USE UNDER THE NOVEL FOOD ACT

TABLE 43 SPECIFICATION OF FOOD CATEGORIES AND UPPER

INCLUSION LEVELS FOR USE OF FERMENTATION DERIVED

LYCOPENE UNDER THE NOVEL FOOD ACT

TABLE 44 TYPICAL DATA SHEET OF LYCOPENE 15% OIL

SUSPENSION, NATURAL EXTRACT

TABLE 45 TYPICAL DATA SHEET OF LYCOPENE 5% POWDER,

NATURAL EXTRACT

TABLE 46 TYPICAL DATA SHEET LYCOPENE 5% POWDER

SYNTHETIC ORIGIN

TABLE 47 TYPICAL DATA SHEET OF LYCOPENE 10% OIL

SUSPENSION, SYNTHETIC ORIGIN

TABLE 48 TYPICAL DATA SHEET OF LYCOPENE FROM BLAKESLEA

TRISPORA AS 20% OIL SUSPENSION

TABLE 49 DEVELOPMENT OF GLOBAL LYCOPENE CONSUMPTION

BY REGION THROUGH 2007 (TONS CRYSTALLINE)

TABLE 50 DEVELOPMENT OF LYCOPENE CONSUMPTION BY TYPE

OF PRODUCTION, THROUGH 2007 (TONS CRYSTALLINE)

TABLE 51 MARKET PRICES FOR LYCOPENE PRODUCTS BY SOURCE,

2004 AND 2007 ($/KG CRYSTALLINE

TABLE 52 MARKET VALUE DEVELOPMENT OF LYCOPENE BY

REGION THROUGH 2007 ($ MILLIONS)

TABLE 53 MARKET SHARES OF LYCOPENE PRODUCERS, 2004 AND

2007 (TONS CRYSTALLINE)

TABLE 54 GLOBAL LYCOPENE CONSUMPTION AND SHARE BY

REGION THROUGH 2015 (TONS CRYSTALLINE)

TABLE 55 GLOBAL LYCOPENE CONSUMPTION AND SHARE BY

APPLICATION, THROUGH 2015 (TONS CRYSTALLINE)

TABLE 56 GLOBAL LYCOPENE CONSUMPTION AND SHARE BY TYPE

OF MANUFACTURING, THROUGH 2015 (TONS CRYSTALLINE)

TABLE 57 GLOBAL LYCOPENE MARKET VALUE AND

SHARE BY REGION, THROUGH 2015 ($ MILLIONS)

TABLE 58 PHYSICAL-CHEMICAL PROPERTIES OF CRYSTALLINE

LUTEIN

TABLE 59 TYPICAL CAROTENOID COMPOSITION OF CRUDE

TAGETES PETALS (%)

TABLE 60 DATA SHEET OF A LUTEIN PRODUCT FOR FEED

TABLE 61 DATA SHEET OF FREE LUTEIN 5% POWDER

TABLE 62 DATA SHEET OF LUTEIN ESTER 30% OIL SUSPENSION

TABLE 63 DATA SHEET OF 10% LUTEIN ESTER POWDER

TABLE 64 DATA SHEET OF 40% LUTEIN ESTER BEADLETS

TABLE 65 DATA SHEET OF FREE LUTEIN 20% OIL SUSPENSION

TABLE 66 LUTEIN CONSUMPTION FOR FEED BY REGION, 2004 AND

2007 (TONS CRYSTALLINE)

TABLE 67 LUTEIN CONSUMPTION FOR SUPPLEMENTS BY REGION,

2004 AND 2007 (TONS CRYSTALLINE)

TABLE 68 DEVELOPMENT OF LUTEIN PRICES FOR VARIOUS

PRODUCT TYPES, THROUGH 2027 ($/KG CRYSTALLINE)

TABLE 69 LUTEIN MARKET VALUE FOR SUPPLEMENTS BY REGION,

2004 AND 2007 ($ MILLIONS)

TABLE 70 STRUCTURE OF THE TOTAL LUTEIN MARKET VALUE, 2004

AND 2007 ($ MILLIONS)

TABLE 71 LUTEIN SUPPLIERS IN 2007—A SELECTION

TABLE 72 MARKET SHARES OF COMPANIES

OFFERING/MANUFACTURING SUPPLEMENT GRADE LUTEIN

PRODUCTS, 2004 AND 2007 (TONS CRYSTALLINE)

TABLE 73 GLOBAL LUTEIN CONSUMPTION BY APPLICATION,

THROUGH 2015 (TONS CRYSTALLINE)

TABLE 74 GLOBAL LUTEIN MARKET VALUE BY APPLICATION,

THROUGH 2015 ($ MILLIONS)

TABLE 75 PHYSICAL-CHEMICAL PROPERTIES OF ZEAXANTHIN

TABLE 76 DATA SHEET OF A 10% ZEAXANTHIN OIL SUSPENSION

FROM NATURAL SOURCES

TABLE 77 DATA SHEET OF A 1 % ZEAXANTHIN POWDER FROM

NATURAL SOURCES

TABLE 78 DATA SHEET OF A 17.5% ZEAXANTHIN POWDER FROM

NATURAL SOURCES

TABLE 79 DATA SHEET OF A 5% ZEAXANTHIN POWDER FROM

CHEMICAL SYNTHESIS

TABLE 80 DATA SHEET OF A 20% ZEAXANTHIN OIL SUSPENSION

FROM CHEMICAL SYNTHESIS

TABLE 81 ZEAXANTHIN CONSUMPTION BY REGION, THROUGH 2007

(TONS CRYSTALLINE)

TABLE 82 ZEAXANTHIN MARKET VALUE BY REGION, THROUGH 2007

($ MILLIONS)

TABLE 83 ZEAXANTHIN MARKET VALUE BY REGION, THROUGH 2015

($ MILLIONS)

TABLE 84 PHYSICAL-CHEMICAL PROPERTIES OF BETA-APO-8-

CAROTENAL

TABLE 85 DATA SHEET OF 20% BETA-APO-8-CAROTENAL OIL

SUSPENSION

TABLE 86 BETA-APO-8-CAROTENAL CONSUMPTION BY REGION, 2004

AND 2007 (TONS CRYSTALLINE)

TABLE 87 PRICE DEVELOPMENT OF BETA-APO-8-CAROTENAL,

THROUGH 2007 ($/KG CRYSTALLINE)

TABLE 88 BETA-APO-8-CAROTENAL MARKET VALUE, THROUGH 2007

($ MILLIONS)

TABLE 89 BETA-APO-8-CAROTENAL CONSUMPTION BY REGION,

THROUGH 2015 (TONS CRYSTALLINE)

TABLE 90 BETA-APO-8-CAROTENAL MARKET BY REGION, THROUGH

2015 ($ MILLIONS)

TABLE 91 PHYSICAL-CHEMICAL PROPERTIES OF CRYSTALLINE

APO-ESTER

TABLE 92 DATA SHEET FOR APO-ESTER 10% POWDER

TABLE 93 APO-ESTER CONSUMPTION BY REGION, 2004 AND 2007

(TONS CRYSTALLINE)

TABLE 94 PRICE DEVELOPMENT OF APO-ESTER, THROUGH 2007

($KG/CRYSTALLINE)

TABLE 95 GLOBAL APO-ESTER MARKET VALUE, THROUGH 2007

($ MILLIONS)

TABLE 96 GLOBAL APO-ESTER CONSUMPTION BY APPLICATION,

THROUGH 2015 (TONS CRYSTALLINE)

TABLE 97 GLOBAL APO-ESTER MARKET VALUE BY APPLICATION

THROUGH 2015 ($ MILLIONS)

TABLE 98 PHYSICAL-CHEMICAL PROPERTIES OF CRYSTALLINE

CANTHAXANTHIN

TABLE 99 DATA SHEET OF A COMMERCIAL 10% CWD FEED-GRADE

CANTHAXANTHIN PRODUCT

TABLE 100 CANTHAXANTHIN CONSUMPTION BY REGION, 2007

(TONS CRYSTALLINE)

TABLE 101 PRICE DEVELOPMENT OF CANTHAXANTHIN, THROUGH

2007 ($/KG CRYSTALLINE)

TABLE 102 GLOBAL CANTHAXANTHIN MARKET VALUE BY

APPLICATION, THROUGH 2007 ($ MILLIONS)

TABLE 103 MARKET SHARES OF CANTHAXANTHIN PRODUCERS,

2004 AND 2007 (%)

TABLE 104 GLOBAL CANTHAXANTHIN CONSUMPTION BY

APPLICATION, THROUGH 2015 (TONS CRYSTALLINE)

TABLE 105 CANTHAXANTHIN CONSUMPTION BY REGION, THROUGH

2015 (TONS CRYSTALLINE)

TABLE 106 GLOBAL CANTHAXANTHIN MARKET VALUE BY

APPLICATION, THROUGH 2015 ($ MILLIONS)

TABLE 107 PHYSICAL-CHEMICAL PROPERTIES OF ASTAXANTHIN

TABLE 108 DATA SHEET OF A 10% ASTAXANTHIN PRODUCT FROM

CHEMICAL SYNTHESIS

TABLE 109 DATA SHEET OF A 0.5% ASTAXANTHIN PRODUCT FROM

PHAFFIA RHODOZYMA

TABLE 110 DATA SHEET OF A 2.5% ASTAXANTHIN OLEORESIN

PRODUCT FROM HAEMATOCOCCUS PLUVIALIS

TABLE 111 DATA SHEET OF A 5% ASTAXANTHIN POWDER FROM

HAEMATOCOCCUS PLUVIALIS

TABLE 112 DEVELOPMENT OF SALMONID FISH AND

SHRIMP PRODUCTION, THROUGH 2007 (MILLION

TONS)

TABLE 113 GLOBAL ASTAXANTHIN CONSUMPTION BY REGION,

THROUGH 2007 (TONS CRYSTALLINE)

TABLE 114 GLOBAL ASTAXANTHIN CONSUMPTION AND SHARE BY

APPLICATION, 2004 AND 2007 (TONS CRYSTALLINE)

TABLE 115 GLOBAL ASTAXANTHIN CONSUMPTION BY PRODUCTION

TYPE, 1995-2007 (TONS CRYSTALLINE)

TABLE 116 PRICE DEVELOPMENT OF SYNTHETIC ASTAXANTHIN,

1984-2007 ($/KG CRYSTALLINE)

TABLE 117 ASTAXANTHIN MARKET VALUE AND SHARE BY REGION,

1993-2007 ($ MILLIONS)

TABLE 118 ASTAXANTHIN MARKET VALUE BY TYPE OF

PRODUCTION, 2007 ($ MILLIONS/%)

TABLE 119 MARKET SHARES OF ASTAXANTHIN PRODUCERS, 2004

AND 2007 (%)

TABLE 120 ASTAXANTHIN CONSUMPTION BY REGION, THROUGH

2015 (TONS CRYSTALLINE)

TABLE 121 GLOBAL ASTAXANTHIN CONSUMPTION BY

APPLICATION, THROUGH 2015 (TONS CRYSTALLINE)

TABLE 122 GLOBAL ASTAXANTHIN CONSUMPTION BY PRODUCTION

TYPE, THROUGH 2015 (TONS CRYSTALLINE)

TABLE 123 ASTAXANTHIN MARKET BY REGION, THROUGH 2015

($ MILLIONS)

TABLE 124 PHYSICAL-CHEMICAL PARAMETERS OF BIXIN AND

NORBIXN

TABLE 125 DATA SHEETS OF BIXIN AND NORBIXIN

TABLE 126 TYPICAL APPLICATIONS OF BIXIN AND NORBIXIN

TABLE 127 DEVELOPMENT OF COMMERCIAL GLOBAL ANNATTO

SEED PRODUCTION AND USAGE, THROUGH 2007 (TONS)

TABLE 128 BIXIN AND NORBIXIN CONSUMPTION BY REGION, 2004

AND 2007 (TONS CRYSTALLINE)

TABLE 129 DEVELOPMENT OF ANNATTO SEED PRICES, 1984-2007

($/TON)

TABLE 130 DEVELOPMENT OF BIXIN AND NORBIXIN PRICES, 1988-

2007 ($/KG CRYSTALLINE)

TABLE 131 ANNATTO MARKET VALUE BY REGION, 2004 AND 2007

($ MILLIONS)

TABLE 132 COMPANIES SELLING ANNATTO SEED (A SELECTION)

TABLE 133 EXPECTED COMPOUND ANNUAL GROWTH RATES OF

ANNATTO PRODUCTS, THROUGH 2015

TABLE 134 ANNATTO CONSUMPTION BY REGION, THROUGH 2015

(TONS CRYSTALLINE)

TABLE 135 ANNATTO MARKET VALUE BY REGION, THROUGH 2015

($ MILLIONS)

LIST OF FIGURES

SUMMARY FIGURE GLOBAL CAROTENOID MARKET VALUE BY

PRODUCT 2007 AND 2015 ($ MILLIONS)

FIGURE 1 GLOBAL CAROTENOID MARKET VALUE BY PRODUCT

TYPE, 2007 AND 2015 ($ MILLIONS)

FIGURE 2 GLOBAL BETA-CAROTENE CONSUMPTION, 1984-2007

(TONS CRYSTALLINE)

FIGURE 3 STRUCTURE OF BETA-CAROTENE CONSUMPTION BY

FOOD SEGMENT, 2007 (%)

FIGURE 4 RELEVANCE OF DIFFERENT REGIONS FOR BETACAROTENE

CONSUMPTION IN FOODS, 2004 AND 2007

FIGURE 5 RELEVANCE OF DIFFERENT REGIONS FOR BETACAROTENE

CONSUMPTION IN SUPPLEMENTS, 2004 AND 2007 (%)

FIGURE 6 RELEVANCE OF DIFFERENT REGIONS FOR BETACAROTENE

CONSUMPTION IN FEED, 2004 AND 2007 (%)

FIGURE 7 STRUCTURE OF GLOBAL BETA-CAROTENE CONSUMPTION

BY TYPE OF MANUFACTURING, 2007 (%)

FIGURE 8 STRUCTURE OF BETA-CAROTENE CONSUMPTION BY

TYPE OF FORMULATION, 2007 (%)

FIGURE 9 DEVELOPMENT OF PRICES FOR SYNTHETIC 30% OIL

SUSPENSION PER KG CRYSTALLINE EQUIVALENT, 1990-2007

($/KG AND €/KG)

FIGURE 10 DEVELOPMENT OF PRICES FOR 30% BETA-CAROTENE

OIL DERIVED FROM ALGAE (PER KG CRYSTALLINE), 1998-2007

($/KG AND €/KG)

FIGURE 11 STRUCTURE OF MARKET VALUE FOR BETA-CAROTENE

BY TYPE OF FORMULATION, 2007 (%)

FIGURE 12 MARKET SHARES OF BETA-CAROTENE PRODUCERS, 2007

FIGURE 13 STRUCTURE OF GLOBAL BETA-CAROTENE MARKET

VALUE ($285 MILLION), 2015 (%)

FIGURE 14 GLOBAL LYCOPENE CONSUMPTION BY APPLICATION

1990-2007 (TONS CRYSTALLINE)

FIGURE 15 STRUCTURE OF GLOBAL LYCOPENE CONSUMPTION BY

REGION, 2007 (%)

FIGURE 16 MARKET SHARES OF LYCOPENE PRODUCERS, 2007 (%, 18

TONS)

FIGURE 17 STRUCTURE OF GLOBAL LYCOPENE MARKET VALUE BY

REGION, 2015 (%)

FIGURE 18 DEVELOPMENT OF LUTEIN CONSUMPTION IN FEED

1992-2007 (TONS CRYSTALLINE)

FIGURE 19 GLOBAL LUTEIN CONSUMPTION FOR SUPPLEMENTS,

2000-2007 (TONS CRYSTALLINE)

FIGURE 20 MARKET SHARES OF LUTEIN SUPPLIERS FOR

SUPPLEMENTS, 2007 (%, 25 TONS)

FIGURE 21 MARKET SHARES OF ZEAXANTHIN PRODUCERS, 2007

(%, 4 TONS)

FIGURE 22 GLOBAL BETA-APO-8-CAROTENAL CONSUMPTION, 1990-

2007 (TONS CRYSTALLINE)

FIGURE 23 CONSUMPTION OF BETA-APO-8-CAROTENAL BY REGION,

2007 (%)

FIGURE 24 GLOBAL APO-ESTER CONSUMPTION BY APPLICATION,

1990-2007 (TONS CRYSTALLINE)

FIGURE 25 STRUCTURE OF APO-ESTER CONSUMPTION BY REGION,

2007 (%)

FIGURE 26 GLOBAL CANTHAXANTHIN CONSUMPTION BY

APPLICATION, 1990-2007 (TONS CRYSTALLINE)

FIGURE 27 CANTHAXANTHIN CONSUMPTION BY REGION, 2007

(%, 132 TONS)

FIGURE 28 STRUCTURE OF CANTHAXANTHIN MARKET VALUE BY

APPLICATION, 2007 (%)

FIGURE 29 MARKET SHARES OF CANTHAXANTHIN PRODUCER, 2007

(%)

FIGURE 30 GLOBAL ASTAXANTHIN CONSUMPTION BY

APPLICATION, 1993-2007 (TONS CRYSTALLINE)

FIGURE 31 STRUCTURE OF ASTAXANTHIN CONSUMPTION BY

REGION, 2007 (%, 152 TONS)

FIGURE 32 CONSUMPTION OF ASTAXANTHIN BY APPLICATION, 2007

(%)

FIGURE 33 MARKET SHARES OF ASTAXANTHIN PRODUCERS, 2007

(%)

FIGURE 34 DEVELOPMENT OF GLOBAL BIXIN AND NORBIXIN

CONSUMPTION, 1988-2007 (TONS CRYSTALLINE EQUIVALENTS)

FIGURE 35 CONSUMPTION OF BIXIN AND NORBIXIN BY REGION,

2007 (%)

FIGURE 36 USAGE OF BIXIN AND NORBIXIN BY APPLICATION (%)

FIGURE 37 GLOBAL MARKET SHARES OF COMPANIES ACTIVE IN

THE PREPARATION AND TRADING OF BIXIN AND NORBIXIN (%)