Latest research report on “Astaxanthin Market” now available at high quality database of ReportsnReports.com with market size, share, trends, competitive and statistical analysis. An exclusive data offered in this report is collected by research and industry experts team.
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Astaxanthin is a naturally occurring dark red carotenoid found in nature primarily in aquatic animals such as salmon, trout, krill, shrimp, crayfish, and crustaceans. Astaxanthin is more than just a red pigment, it is one of the most powerful lipophilic antioxidants yet discovered. It has the unique capacity to quench free radicals and reactive species of oxygen and to inhibit lipid peroxidation. Studies have shown natural astaxanthin to be over 500 times stronger than vitamin E and much more potent than other carotenoids such as lutein, lycopene and ß-carotene. Moreover, Astaxanthin a xanthophyll carotenoid, is a nutrient with a unique molecule structure, it does not convert to vitamin a (retinol) and has no pro-oxidant activity.
This report contains market size and forecasts of Astaxanthin in global, including the following market information:
Global Astaxanthin Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Astaxanthin Market Sales, 2017-2022, 2023-2028, (MT)
Global top five Astaxanthin companies in 2021 (%)
The global Astaxanthin market was valued at 103.6 million in 2021 and is projected to reach US$ 205 million by 2028, at a CAGR of 10.2% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Natural Astaxanthin Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Astaxanthin include DSM, BASF, Cyanotech, Fuji, BGG, Yunnan Alphy Biotech, Algatechnologies, Parry Nutraceuticals and Jingzhou Natural Astaxanthin, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Astaxanthin manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Astaxanthin Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (MT)
Global Astaxanthin Market Segment Percentages, by Type, 2021 (%)
– Natural Astaxanthin
– Synthetic Astaxanthin
Global Astaxanthin Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (MT)
Global Astaxanthin Market Segment Percentages, by Application, 2021 (%)
– Nutraceuticals
– Cosmetics
– Food and Beverages
– Feed
– Others
Global Astaxanthin Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (MT)
Global Astaxanthin Market Segment Percentages, By Region and Country, 2021 (%)
– North America
– – US
– – Canada
– – Mexico
– Europe
– – Germany
– – France
– – U.K.
– – Italy
– – Russia
– – Nordic Countries
– – Benelux
– – Rest of Europe
– Asia
– – China
– – Japan
– – South Korea
– – Southeast Asia
– – India
– – Rest of Asia
– South America
– – Brazil
– – Argentina
– – Rest of South America
– Middle East & Africa
– – Turkey
– – Israel
– – Saudi Arabia
– – UAE
– – Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Astaxanthin revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Astaxanthin revenues share in global market, 2021 (%)
Key companies Astaxanthin sales in global market, 2017-2022 (Estimated), (MT)
Key companies Astaxanthin sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
– DSM
– BASF
– Cyanotech
– Fuji
– BGG
– Yunnan Alphy Biotech
– Algatechnologies
– Parry Nutraceuticals
– Jingzhou Natural Astaxanthin
– JX Nippon Oil& Energy
– Supreme Biotechnologies
– Biogenic
– Zhejiang NHU
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