Astaxanthin Market

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 ?-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.

Astaxanthin Market 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.

We 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