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(India.CityRegions.Com, April 02, 2018 ) The Asia-Pacific Apocarotenal Market was worth USD xx billion in 2016 and estimated to be growing at a CAGR of xx%, to reach USD xx billion by 2021. Apocarotenal is a carotenoid found in spinach and citrus fruits. Carotenoid is an organic pigment that are produced by plants and algae, as well as several bacteria and fungi. Similar to other carotenoids, apocarotenal plays a role as a precursor of vitamin A, even though it has 50% less pro-vitamin A activity than β-carotene.
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Apocarotenal has an orange or orange-red colour. It is used in foods, pharmaceuticals and cosmetics. On the basis of product forms, apocarotenal is used in fat based food such as margarine, sauces, salad dressing, beverages, dairy products and sweets. However, people with high β-carotene and high plasma levels of β-carotene have a significantly reduced risk of lung cancer. It is approved for usage as a food additive in the Asia-Pacific and Asia-Pacific countries.
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Rising health awareness, rich source of vitamin A, increase in chronic diseases like cancer, rise in fat based foods and dairy products, increase in disposable income, rise in usage of food additives, packing innovations and favourable government policies are driving the Asia-Pacific Apocarotenal Market. However, factors like lack of awareness, stringent rules and unstable economy in some countries are hindering the growth of the market.
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The Asia-Pacific Apocarotenal Market was segmented on the basis of product, end-user and region. On the basis of product, the market is segmented into powder, oil solution, oil suspension, emulsion and others. Depending on the end-user, the market is segmented into Food & beverages, Pharmaceuticals, Cosmetics. Food & beverage sector is expected to grow at a significant pace in the future years. Favourable regulations are a part affecting their demand in the market to some extents. The Asia-Pacific region is geographically segmented into China, India, Japan, South Korea, and Australia. Factors such as growing demographics and emerging economies in countries such as India and China are anticipated to lead the growth of the market in this region.
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Key players dominating the Asia-Pacific Apocarotenal Market are DSM, D.D. Williamson, Allied Biotech, Divis Laboratories, Ingredients Inc., among others.
About Market Data Forecast: Market Data Forecast is a firm working in the area of market research and business intelligence. With rich experience in research across various business domains, they cater to the needs of both individual and corporate clients. From all-encompassing umbrella markets to extremely specific niche markets covering all the major regions across the globe as part of the research scope, their research services offer one of a kind specialities with competitive pricing options. For more info kindly visit, www.marketdataforecast.com
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Source: EmailWire.Com
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