Astaxanthin Market

May 2021| MRS226A| Market Research Studies

Report Highlights

The scope of this report covers the sources of Astaxanthin, impact of COVID-19 on the market, and the use of the nutraceutical in different application. The report covers the market value for the historic year 2019, followed by the base year 2020, estimated year 2021 and forecast period from 2020 to 2026 for each source, form, application, method of production, and regional markets, and the estimated values are derived from the manufacturers’ total revenues.

The report also includes a discussion of the major players across each of the regional astaxanthin markets; it explains the major market drivers of the global astaxanthin industry, current trends within the industry, major applications, and the regional dynamics of the global astaxanthin market.

The report concludes with a special focus on the vendor landscape, which includes detailed profiles of the major vendors in the Global Astaxanthin Market.

Report Includes

  • 41 tables and 49 figures
  • An up-to-date analysis of the Global Astaxanthin Market.
  • Analyses of the global market trends, with data from 2019, 2020, estimates for 2021, and projections of compound annual growth rates (CAGRs) through 2026.
  • Estimation of market size and revenue forecast for global astaxanthin market, and corresponding market share analysis by source, form, application, method of production, and region.
  • Highlights of emerging technology trends, gaps and opportunities in the market estimating current and future demand for astaxanthin, identification of the companies that are best positioned to meet this demand.
  • In-depth information (facts and figures) concerning market drivers, restraints and other forces affecting the progress of this market.
  • Identification of promising new products still in the development and testing stages, and their probability of successful commercial launch within the next five years
  • Impact of COVID-19 on the astaxanthin market as compared to overall global economy.
  • Insight into the growth development strategies of major astaxanthin manufacturers and their key competitive landscape
  • Descriptive company profiles of the leading market participants, including AlgaTechnologies Ltd., Beijing Gingko Group Co. Ltd., East India Distilleries Parry Limited, Fenchem, Inc., Solix Algredients Inc., Fenchem Biotek Ltd., and others.

Summary

Astaxanthin is a natural form of nutraceuticals which are found in aquatic species mostly which are red in color. The astaxanthin is used to avert the occurrence of several chronic diseases and also delaying the process of aging. Apart from this, astaxanthin is also used in improving the health of the patient. Astaxanthin is mainly found from either natural or synthetic sources. Some of the examples of natural sources are yeast, krill/shrimp, microalgae, and others. These are widely used as a photoprotective, antioxidant in various medical fields.

Astaxanthin content in the body usually depends upon the patient living style and nutrition uptake so, the content could vary from one individual to another. Haematococcus pluvialis gathers the highest levels of natural astaxanthin.

The synthetic type of astaxanthin is not suitable for the human use due to high petrochemicals. It is widely used a coloring agent for various foods such as, chicken, shrimp, crabs, and even salmon. The FDA has issued approval for an upsurge in the regular serving of astaxanthin from 7.8 mg to about 12 mg. Cyanotech has further come up with a new dietary ingredient appeal to consent a 12 mg regular dosage for its BioAstin labelled ingredient. The product helps in rapid joint recovery from strenuous exercise.

The Global Astaxanthin Market was valued at $710 million in 2020 and is expected to witness a steady growth at a CAGR of 6.37%.

  • Table 1 : Global Astaxanthin Market, Through 2026
  • Table 2 : Global Astaxanthin Market, by Source, Through 2026
  • Table 3 : Global Astaxanthin Market, by Form, Through 2026
  • Table 4 : Global Astaxanthin Market, by Application, Through 2026
  • Table 5 : Global Astaxanthin Market, by Method of Production, Through 2026
  • Table 6 : Global Astaxanthin Market, by Region, Through 2026
  • Table 7 : North America Astaxanthin Market, by Source, Through 2026
  • Table 8 : North America Astaxanthin Market, by Form, Through 2026
  • Table 9 : North America Astaxanthin Market, by Application, Through 2026
  • Table 10 : North America Astaxanthin Market, by Method of Production, Through 2026
  • Table 11 : North America Astaxanthin Market, by Country, Through 2026
  • Table 12 : Europe Astaxanthin Market, by Source, Through 2026
  • Table 13 : Europe Astaxanthin Market, by Form, Through 2026
  • Table 14 : Europe Astaxanthin Market, by Application, Through 2026
  • Table 15 : Europe Astaxanthin Market, by Method of Production, Through 2026
  • Table 16 : Europe Astaxanthin Market, by Country, Through 2026
  • Table 17 : Asia-Pacific Astaxanthin Market, by Source, Through 2026
  • Table 18 : Asia-Pacific Astaxanthin Market, by Form, Through 2026
  • Table 19 : Asia-Pacific Astaxanthin Market, by Application, Through 2026
  • Table 20 : Asia-Pacific Astaxanthin Market, by Method of Production, Through 2026
  • Table 21 : Asia-Pacific Astaxanthin Market, by Country, Through 2026
  • Table 22 : South America Astaxanthin Market, by Source, Through 2026
  • Table 23 : South America Astaxanthin Market, by Form, Through 2026
  • Table 24 : South America Astaxanthin Market, by Application, Through 2026
  • Table 25 : South America Astaxanthin Market, by Method of Production, Through 2026
  • Table 26 : South America Astaxanthin Market, by Country, Through 2026
  • Table 27 : Middle East & Africa Astaxanthin Market, by Source, Through 2026
  • Table 28 : Middle East & Africa Astaxanthin Market, by Form, Through 2026
  • Table 29 : Middle East & Africa Astaxanthin Market, by Application, Through 2026
  • Table 30 : Middle East & Africa Astaxanthin Market, by Method of Production, Through 2026
  • Table 31 : Middle East & Africa Astaxanthin Market, by Country, Through 2026
  • Table 32 : AlgaTechnologies Ltd.: Financial Performance, Through 2020
  • Table 33 : Beijing Gingko Group Co. Ltd.: Financial Performance, Through 2020
  • Table 34 : East India Distilleries Parry Limited: Financial Performance, Through 2020
  • Table 35 : Fenchem, Inc.: Financial Performance, Through 2020
  • Table 36 : Solix Algredients Inc.: Financial Performance, Through 2020
  • Table 37 : Fenchem Biotek Ltd.: Financial Performance, Through 2020
  • Table 38 : Divi's Laboratories Limited: Financial Performance, Through 2020
  • Table 39 : Otsuka Pharmaceutical Co., Ltd.: Financial Performance, Through 2020
  • Table 40 : Cyanotech Corporation: Financial Performance, Through 2020
  • Table 41 : Cardax, Inc.: Financial Performance, Through 2020
  • Figure 1 : Global Astaxanthin Market
  • Figure 2 : Global Astaxanthin Market, by Value, 2019-2026
  • Figure 3 : Global Astaxanthin Market, by Value, by Source, 2019-2026
  • Figure 4 : Global Astaxanthin Market, by Value, by Form, 2019-2026
  • Figure 5 : Global Astaxanthin Market, by Value, by Application, 2019-2026
  • Figure 6 : Global Astaxanthin Market, by Value, by Method of Production, 2019-2026
  • Figure 7 : Global Astaxanthin Market, by Value, by Region, 2020
  • Figure 8 : Global Astaxanthin Market, by Value, by Company, 2020
  • Figure 9 : Global Astaxanthin Market, Product Map, 2020
  • Figure 10 : North America Astaxanthin Market, by Value, 2019-2026
  • Figure 11 : North America Astaxanthin Market, by Value, by Source, 2019-2026
  • Figure 12 : North America Astaxanthin Market, by Value, by Form, 2019-2026
  • Figure 13 : North America Astaxanthin Market, by Value, by Application, 2019-2026
  • Figure 14 : North America Astaxanthin Market, by Value, by Method of Production, 2019-2026
  • Figure 15 : North America Astaxanthin Market, by Value, by Country, 2020
  • Figure 16 : Europe Astaxanthin Market, by Value, 2019-2026
  • Figure 17 : Europe Astaxanthin Market, by Value, by Source, 2019-2026
  • Figure 18 : Europe Astaxanthin Market, by Value, by Form, 2019-2026
  • Figure 19 : Europe Astaxanthin Market, by Value, by Application, 2019-2026
  • Figure 20 : Europe Astaxanthin Market, by Value, by Method of Production, 2019-2026
  • Figure 21 : Europe Astaxanthin Market, by Value, by Country, 2020
  • Figure 22 : Asia-Pacific Astaxanthin Market, by Value, 2019-2026
  • Figure 23 : Asia-Pacific Astaxanthin Market, by Value, by Source, 2019-2026
  • Figure 24 : Asia-Pacific Astaxanthin Market, by Value, by Form, 2019-2026
  • Figure 25 : Asia-Pacific Astaxanthin Market, by Value, by Application, 2019-2026
  • Figure 26 : Asia-Pacific Astaxanthin Market, by Value, by Method of Production, 2019-2026
  • Figure 27 : Asia-Pacific Astaxanthin Market, by Value, by Country, 2020
  • Figure 28 : South America Astaxanthin Market, by Value, 2019-2026
  • Figure 29 : South America Astaxanthin Market, by Value, by Source, 2019-2026
  • Figure 30 : South America Astaxanthin Market, by Value, by Form, 2019-2026
  • Figure 31 : South America Astaxanthin Market, by Value, by Application, 2019-2026
  • Figure 32 : South America Astaxanthin Market, by Value, by Method of Production, 2019-2026
  • Figure 33 : South America Astaxanthin Market, by Value, by Country, 2020
  • Figure 34 : Middle East & Africa Astaxanthin Market, by Value, 2019-2026
  • Figure 35 : Middle East & Africa Astaxanthin Market, by Value, by Source, 2019-2026
  • Figure 36 : Middle East & Africa Astaxanthin Market, by Value, by Form, 2019-2026
  • Figure 37 : Middle East & Africa Astaxanthin Market, by Value, by Application, 2019-2026
  • Figure 38 : Middle East & Africa Astaxanthin Market, by Value, by Method of Production, 2019-2026
  • Figure 39 : Middle East & Africa Astaxanthin Market, by Value, by Country, 2020
  • Figure 40 : AlgaTechnologies Ltd.: Revenue Share, 2020
  • Figure 41 : Beijing Gingko Group Co. Ltd.: Revenue Share, 2020
  • Figure 42 : East India Distilleries Parry Limited: Revenue Share, 2020
  • Figure 43 : Fenchem, Inc.: Revenue Share, 2020
  • Figure 44 : Solix Algredients Inc.: Revenue Share, 2020
  • Figure 45 : Fenchem Biotek Ltd.: Revenue Share, 2020
  • Figure 46 : Divi's Laboratories Limited: Revenue Share, 2020
  • Figure 47 : Otsuka Pharmaceutical Co., Ltd.: Revenue Share, 2020
  • Figure 48 : Cyanotech Corporation: Revenue Share, 2020
  • Figure 49 : Cardax, Inc.: Revenue Share, 2020

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