LONDON--(BUSINESS WIRE)--Aug 29, 2018--, a global procurement market intelligence firm, has announced the release of their . This report projects an accelerating spend growth momentum for the carotenoids market because of the increasing consumer awareness of the various carotenoids benefits. The market’s growth is also driven by the strong penetration of e-commerce, which has been paving the way for offshore suppliers of carotenoids to enter the mature markets and expand their reach.

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Global Carotenoids Category - Procurement Market Intelligence Report (Graphic: Business Wire)

“Buyers should focus on establishing an appropriate inventory classification model that is based on the importance of the commodity in the quality of end-product, rather than classification based on the spending on the commodity,” says SpendEdge procurement expert Anil Seth.

to know more about carotenoid benefits. SpendEdge sample reports are free of charge and provide insights that focus on the cost-saving aspects of procurement and the optimization of category spend.

SpendEdge’s procurement market intelligence reports for the chemicals industry help the buyers and the suppliers identify their total cost of ownership during the category management process. The reports offer key insights into strategic sourcing and the procurement process. Additionally, the reports analyze the sustainability and procurement best practices to boost growth.

The procurement experts at SpendEdge expect the following factors to play a key role in influencing the global category spend for the carotenoids market.

Strong penetration of e-commerce increasing access of offshore suppliers to mature markets The innovation of methods to facilitate large-scale commercial production of carotenoids from agricultural waste To know more,

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Report scope snapshot: Carotenoids market

Cost-saving opportunities

Quantifying cost-saving opportunities Quantifying cost savings by negotiation strategies Buyer-side levers Interested to know more about the scope of our reports?

Category management enablers

Procurement organization Category enablers Want more information?

Market insights

Spend segmentation by region Global category spend Category spend growth To view this report’s table of contents,

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CONTACT: SpendEdge

Anirban Choudhury

Marketing Consultant

US: +1 630 984 7340

UK: +44 148 459 9299

https://www.spendedge.com/contact-us

KEYWORD:

INDUSTRY KEYWORD: MANUFACTURING CHEMICALS/PLASTICS

SOURCE: SpendEdge

Copyright Business Wire 2018.

PUB: 08/29/2018 07:00 AM/DISC: 08/29/2018 07:01 AM

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