Product Code: VMR112110014
The global demand for Astaxanthin Market is presumed to reach the market size of nearly USD 762.22 MN by 2030 from USD 3.3 MN in 2022 with a CAGR of 6.9% under the study period of 2022 - 2030. Regarding volume, the market was calculated XX Metric Tons in 2022 and forecast to touch XX Metric Tons by 2030 with a CAGR of XX% during 2023-2030.
Astaxanthin is a naturally occurring pigment found in certain algae, yeast, and some marine animals, such as salmon and shrimp. It is known for its bright red color and potential health benefits. Astaxanthin is a potent antioxidant with anti-inflammatory properties and may help support brain and eye health. It is available in supplement form, typically in capsule or tablet form. It can also be found in certain foods, such as salmon, shrimp, and algae.
Market Dynamics:
The growing awareness of the potential health benefits of this pigment may contribute to the growth of this market. Moreover, the increasing demand for natural and plant-based alternatives to synthetic supplements may drive the market growth. Furthermore, advances in production techniques have made it easier to extract and purify astaxanthin, making it more readily available in supplement form. However, the high production cost may hamper the market's growth.
The report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of astaxanthin. The growth and trends of Astaxanthin Industry provide a holistic approach to this study.
Market Segmentation:
This section of the astaxanthin market report provides detailed data on the segments by analyzing them at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Source
- Natural (Microalgae, Krill/Shrimp, Yeast)
- Synthetic
By Product
- Dried Algae Meal Or Biomass
- Oil
- Softgel
- Liquid
- Others
By Application
- Nutraceuticals
- Cosmetics
- Aquaculture And Animal Feed
- Food (Functional Foods And Beverages, Other Traditional Food Manufacturing Applications)
- Others
Regional Analysis:
This section covers the regional outlook, which accentuates current and future demand for the Astaxanthin market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the astaxanthin market include Algatech Ltd, Cyanotech Corporation, MicroA, Beijing Gingko Group (BGG), Algalif Iceland EHF, Fuji Chemical Industries Co. Ltd, Piveg Inc., Atacama Bio Natural Products S.A, ENEOS Corporation, E.I.D. - Parry (India) Limited (Alimtec S.A., Valensa International). This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
TABLE OF CONTENTS
1 . PREFACE
- 1.1. Report Description
- 1.1.1. Objective
- 1.1.2. Target Audience
- 1.1.3. Unique Selling Proposition (USP) & offerings
- 1.2. Research Scope
- 1.3. Research Methodology
- 1.3.1. Market Research Process
- 1.3.2. Market Research Methodology
2 . EXECUTIVE SUMMARY
- 2.1. Highlights of Market
- 2.2. Global Market Snapshot
3 . ASTAXANTHIN - INDUSTRY ANALYSIS
- 3.1. Introduction - Market Dynamics
- 3.2. Market Drivers
- 3.3. Market Restraints
- 3.4. Opportunities
- 3.5. Industry Trends
- 3.6. Porter's Five Force Analysis
- 3.7. Market Attractiveness Analysis
- 3.7.1 Market Attractiveness Analysis By Source
- 3.7.2 Market Attractiveness Analysis By Product
- 3.7.3 Market Attractiveness Analysis By Application
- 3.7.4 Market Attractiveness Analysis By Region
4 . VALUE CHAIN ANALYSIS
- 4.1. Value Chain Analysis
- 4.2. Raw Material Analysis
- 4.2.1. List of Raw Materials
- 4.2.2. Raw Material Manufactures List
- 4.2.3. Price Trend of Key Raw Materials
- 4.3. List of Potential Buyers
- 4.4. Marketing Channel
- 4.4.1. Direct Marketing
- 4.4.2. Indirect Marketing
- 4.4.3. Marketing Channel Development Trend
5 . IMPACT ANALYSIS OF COVID-19 OUTBREAK
6 . GLOBAL ASTAXANTHIN MARKET ANALYSIS BY SOURCE
- 6.1 Overview by Source
- 6.2 Historical and Forecast Data
- 6.3 Analysis by Source
- 6.4 Natural (Microalgae, Krill/Shrimp, Yeast) Historic and Forecast Sales by Regions
- 6.5 Synthetic Historic and Forecast Sales by Regions
7 . GLOBAL ASTAXANTHIN MARKET ANALYSIS BY PRODUCT
- 7.1 Overview by Product
- 7.2 Historical and Forecast Data
- 7.3 Analysis by Product
- 7.4 Dried Algae Meal Or Biomass Historic and Forecast Sales by Regions
- 7.5 Oil Historic and Forecast Sales by Regions
- 7.6 Softgel Historic and Forecast Sales by Regions
- 7.7 Liquid Historic and Forecast Sales by Regions
- 7.8 Others Historic and Forecast Sales by Regions
8 . GLOBAL ASTAXANTHIN MARKET ANALYSIS BY APPLICATION
- 8.1 Overview by Application
- 8.2 Historical and Forecast Data
- 8.3 Analysis by Application
- 8.4 Nutraceuticals Historic and Forecast Sales by Regions
- 8.5 Cosmetics Historic and Forecast Sales by Regions
- 8.6 Aquaculture And Animal Feed Historic and Forecast Sales by Regions
- 8.7 Food (Functional Foods And Beverages, Other Traditional Food Manufacturing Applications) Historic and Forecast Sales by Regions
- 8.8 Others Historic and Forecast Sales by Regions
9 . GLOBAL ASTAXANTHIN MARKET ANALYSIS BY GEOGRAPHY
- 9.1. Regional Outlook
- 9.2. Introduction
- 9.3. North America Sales Analysis
- 9.3.1. Overview, Historic and Forecast Data Sales Analysis
- 9.3.2. North America By Segment Sales Analysis
- 9.3.3. North America By Country Sales Analysis
- 9.3.4. United State Sales Analysis
- 9.3.5. Canada Sales Analysis
- 9.3.6. Mexico Sales Analysis
- 9.4. Europe Sales Analysis
- 9.4.1. Overview, Historic and Forecast Data Sales Analysis
- 9.4.2. Europe by Segment Sales Analysis
- 9.4.3. Europe by Country Sales Analysis
- 9.4.4. United Kingdom Sales Analysis
- 9.4.5. France Sales Analysis
- 9.4.6. Germany Sales Analysis
- 9.4.7. Italy Sales Analysis
- 9.4.8. Russia Sales Analysis
- 9.4.9. Rest Of Europe Sales Analysis
- 9.5. Asia Pacific Sales Analysis
- 9.5.1. Overview, Historic and Forecast Data Sales Analysis
- 9.5.2. Asia Pacific by Segment Sales Analysis
- 9.5.3. Asia Pacific by Country Sales Analysis
- 9.5.4. China Sales Analysis
- 9.5.5. India Sales Analysis
- 9.5.6. Japan Sales Analysis
- 9.5.7. South Korea Sales Analysis
- 9.5.8. Australia Sales Analysis
- 9.5.9. Rest Of Asia Pacific Sales Analysis
- 9.6. Latin America Sales Analysis
- 9.6.1. Overview, Historic and Forecast Data Sales Analysis
- 9.6.2. Latin America by Segment Sales Analysis
- 9.6.3. Latin America by Country Sales Analysis
- 9.6.4. Brazil Sales Analysis
- 9.6.5. Argentina Sales Analysis
- 9.6.6. Peru Sales Analysis
- 9.6.7. Chile Sales Analysis
- 9.6.8. Rest of Latin America Sales Analysis
- 9.7. Middle East & Africa Sales Analysis
- 9.7.1. Overview, Historic and Forecast Data Sales Analysis
- 9.7.2. Middle East & Africa by Segment Sales Analysis
- 9.7.3. Middle East & Africa by Country Sales Analysis
- 9.7.4. Saudi Arabia Sales Analysis
- 9.7.5. UAE Sales Analysis
- 9.7.6. Israel Sales Analysis
- 9.7.7. South Africa Sales Analysis
- 9.7.8. Rest Of Middle East And Africa Sales Analysis
10 . COMPETITIVE LANDSCAPE OF THE ASTAXANTHIN COMPANIES
- 10.1. Astaxanthin Market Competition
- 10.2. Partnership/Collaboration/Agreement
- 10.3. Merger And Acquisitions
- 10.4. New Product Launch
- 10.5. Other Developments
11 . COMPANY PROFILES OF ASTAXANTHIN INDUSTRY
- 11.1. Company Share Analysis
- 11.2. Market Concentration Rate
- 11.3. Algatech Ltd
- 11.3.1. Company Overview
- 11.3.2. Company Revenue
- 11.3.3. Products
- 11.3.4. Recent Developments
- 11.4. Cyanotech Corporation
- 11.4.1. Company Overview
- 11.4.2. Company Revenue
- 11.4.3. Products
- 11.4.4. Recent Developments
- 11.5. MicroA
- 11.5.1. Company Overview
- 11.5.2. Company Revenue
- 11.5.3. Products
- 11.5.4. Recent Developments
- 11.6. Beijing Gingko Group (BGG)
- 11.6.1. Company Overview
- 11.6.2. Company Revenue
- 11.6.3. Products
- 11.6.4. Recent Developments
- 11.7. Algalif Iceland EHF
- 11.7.1. Company Overview
- 11.7.2. Company Revenue
- 11.7.3. Products
- 11.7.4. Recent Developments
- 11.8. Fuji Chemical Industries Co. Ltd
- 11.8.1. Company Overview
- 11.8.2. Company Revenue
- 11.8.3. Products
- 11.8.4. Recent Developments
- 11.9. Piveg Inc.
- 11.9.1. Company Overview
- 11.9.2. Company Revenue
- 11.9.3. Products
- 11.9.4. Recent Developments
- 11.10. Atacama Bio Natural Products S.A
- 11.10.1. Company Overview
- 11.10.2. Company Revenue
- 11.10.3. Products
- 11.10.4. Recent Developments
- 11.11. ENEOS Corporation
- 11.11.1. Company Overview
- 11.11.2. Company Revenue
- 11.11.3. Products
- 11.11.4. Recent Developments
- 11.12. E.I.D. - Parry (India) Limited (Alimtec S.A., Valensa International)
- 11.12.1. Company Overview
- 11.12.2. Company Revenue
- 11.12.3. Products
- 11.12.4. Recent Developments
Note - in company profiling, financial details and recent development are subject to availability or might not be covered in case of private companies