The Europe Astaxanthin Market would witness market growth of 14.6% CAGR during the forecast period (2022-2028).
Astaxanthin acts as an antioxidant and offers a reduction in the free radicals in the body. Astaxanthin is naturally taken out from the plant and it has a reddish tinge to it. Moreover, it enhances the consistency of the skin and protection of the eyes. Astaxanthin improves the moisture level of the skin and makes it even more elastic.
It also aids in decreasing wrinkles and acne. Astaxanthin is also used to enhance the immune system and the health of the heart. Furthermore, astaxanthin is an approved drug for the symptoms of Alzheimer’s disease and also of Parkinson’s disease. Astaxanthin has been proven to enhance skin health by downstream and direct influence on various procedures of the oxidative stress flow while preventing inflammatory mediators at the same time.
The changes in the molecular and morphological state of aged skin not only balanced the role of proactiveness but also participated in the appearance of the skin symptoms, too much dryness, pruritus, and raised predispositions to the formation of wrinkles, dyspigmentation, fragility, and problem in healing injuries, as well as change in permeability of skin for medicine.
The Italian cosmetic industry is the fourth largest sector in Europe, consisting of 12% of the total market volume. The cosmetic industry in Italy accounted for 17.5 billion USD with a growth of rate of 1.7% in 2017. The industry is further predicted to flourish in the future years. The cosmetic industry of France is vigorous and powerful. The “Made in France” label on cosmetic product is considered as a presentation of high quality. The products from France are sold all over the world and French cosmetic businesses have witnessed expansion across the globe.
The Germany market dominated the Europe Astaxanthin Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $275.3 million by 2028.The UK market is anticipated to grow at a CAGR of 13.6% during (2022 - 2028). Additionally, The France market would exhibit a CAGR of 15.4% during (2022 - 2028).
Based on Product, the market is segmented into Dried Algae Meal Or Biomass, Softgel, Oil, Liquid and Others. Based on Source, the market is segmented into Natural and Synthetic. Based on Natural Type, the market is segmented into Yeast, Microalgae, Krill/Shrimp and Others. Based on Application, the market is segmented into Aquaculture & Animal Feed, Nutraceuticals, Cosmetics, Food and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include E.I.D. Parry Limited (Murugappa Group), Cyanotech Corporation, ENEOS Corporation (Eneos Holdings), Algatech Ltd. (Solabia Group), MicroA AS, Beijing Gingko Group, Algalif Iceland ehf, Piveg, Inc., Fuji Chemical Industries Co., Ltd., and Atacama Bio Natural Products S.A.
Astaxanthin acts as an antioxidant and offers a reduction in the free radicals in the body. Astaxanthin is naturally taken out from the plant and it has a reddish tinge to it. Moreover, it enhances the consistency of the skin and protection of the eyes. Astaxanthin improves the moisture level of the skin and makes it even more elastic.
It also aids in decreasing wrinkles and acne. Astaxanthin is also used to enhance the immune system and the health of the heart. Furthermore, astaxanthin is an approved drug for the symptoms of Alzheimer’s disease and also of Parkinson’s disease. Astaxanthin has been proven to enhance skin health by downstream and direct influence on various procedures of the oxidative stress flow while preventing inflammatory mediators at the same time.
The changes in the molecular and morphological state of aged skin not only balanced the role of proactiveness but also participated in the appearance of the skin symptoms, too much dryness, pruritus, and raised predispositions to the formation of wrinkles, dyspigmentation, fragility, and problem in healing injuries, as well as change in permeability of skin for medicine.
The Italian cosmetic industry is the fourth largest sector in Europe, consisting of 12% of the total market volume. The cosmetic industry in Italy accounted for 17.5 billion USD with a growth of rate of 1.7% in 2017. The industry is further predicted to flourish in the future years. The cosmetic industry of France is vigorous and powerful. The “Made in France” label on cosmetic product is considered as a presentation of high quality. The products from France are sold all over the world and French cosmetic businesses have witnessed expansion across the globe.
The Germany market dominated the Europe Astaxanthin Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $275.3 million by 2028.The UK market is anticipated to grow at a CAGR of 13.6% during (2022 - 2028). Additionally, The France market would exhibit a CAGR of 15.4% during (2022 - 2028).
Based on Product, the market is segmented into Dried Algae Meal Or Biomass, Softgel, Oil, Liquid and Others. Based on Source, the market is segmented into Natural and Synthetic. Based on Natural Type, the market is segmented into Yeast, Microalgae, Krill/Shrimp and Others. Based on Application, the market is segmented into Aquaculture & Animal Feed, Nutraceuticals, Cosmetics, Food and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include E.I.D. Parry Limited (Murugappa Group), Cyanotech Corporation, ENEOS Corporation (Eneos Holdings), Algatech Ltd. (Solabia Group), MicroA AS, Beijing Gingko Group, Algalif Iceland ehf, Piveg, Inc., Fuji Chemical Industries Co., Ltd., and Atacama Bio Natural Products S.A.
Scope of the Study
Market Segments Covered in the Report:
By Product
- Dried Algae Meal Or Biomass
- Softgel
- Oil
- Liquid
- Others
By Source
- Natural
- Yeast
- Microalgae
- Krill/Shrimp
- Others
- Synthetic
By Application
- Aquaculture & Animal Feed
- Nutraceuticals
- Cosmetics
- Food
- Others
By Country
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Key Market Players
List of Companies Profiled in the Report:
- E.I.D. Parry Limited (Murugappa Group)
- Cyanotech Corporation
- ENEOS Corporation (Eneos Holdings)
- Algatech Ltd. (Solabia Group)
- MicroA AS
- Beijing Gingko Group
- Algalif Iceland ehf
- Piveg, Inc
- Fuji Chemical Industries Co., Ltd
- Atacama Bio Natural Products S.A
Unique Offerings
- Exhaustive coverage
- The highest number of Market tables and figures
- Subscription-based model available
- Guaranteed best price
- Assured post sales research support with 10% customization free
Table of Contents
Chapter 1. Market Scope & Methodology1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Europe Astaxanthin Market, by Product
1.4.2 Europe Astaxanthin Market, by Source
1.4.3 Europe Astaxanthin Market, by Application
1.4.4 Europe Astaxanthin Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition & Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Europe Astaxanthin Market by Product
3.1 Europe Dried Algae Meal Or Biomass Market by Country
3.2 Europe Softgel Market by Country
3.3 Europe Oil Market by Country
3.4 Europe Liquid Market by Country
3.5 Europe Others Market by Country
Chapter 4. Europe Astaxanthin Market by Source
4.1 Europe Natural Market by Country
4.2 Europe Astaxanthin Market by Natural Type
4.2.1 Europe Yeast Market by Country
4.2.2 Europe Microalgae Market by Country
4.2.3 Europe Krill/Shrimp Market by Country
4.2.4 Europe Others Market by Country
4.3 Europe Synthetic Market by Country
Chapter 5. Europe Astaxanthin Market by Application
5.1 Europe Aquaculture & Animal Feed Market by Country
5.2 Europe Nutraceuticals Market by Country
5.3 Europe Cosmetics Market by Country
5.4 Europe Food Market by Country
5.5 Europe Others Market by Country
Chapter 6. Europe Astaxanthin Market by Country
6.1 Germany Astaxanthin Market
6.1.1 Germany Astaxanthin Market by Product
6.1.2 Germany Astaxanthin Market by Source
6.1.2.1 Germany Astaxanthin Market by Natural Type
6.1.3 Germany Astaxanthin Market by Application
6.2 UK Astaxanthin Market
6.2.1 UK Astaxanthin Market by Product
6.2.2 UK Astaxanthin Market by Source
6.2.2.1 UK Astaxanthin Market by Natural Type
6.2.3 UK Astaxanthin Market by Application
6.3 France Astaxanthin Market
6.3.1 France Astaxanthin Market by Product
6.3.2 France Astaxanthin Market by Source
6.3.2.1 France Astaxanthin Market by Natural Type
6.3.3 France Astaxanthin Market by Application
6.4 Russia Astaxanthin Market
6.4.1 Russia Astaxanthin Market by Product
6.4.2 Russia Astaxanthin Market by Source
6.4.2.1 Russia Astaxanthin Market by Natural Type
6.4.3 Russia Astaxanthin Market by Application
6.5 Spain Astaxanthin Market
6.5.1 Spain Astaxanthin Market by Product
6.5.2 Spain Astaxanthin Market by Source
6.5.2.1 Spain Astaxanthin Market by Natural Type
6.5.3 Spain Astaxanthin Market by Application
6.6 Italy Astaxanthin Market
6.6.1 Italy Astaxanthin Market by Product
6.6.2 Italy Astaxanthin Market by Source
6.6.2.1 Italy Astaxanthin Market by Natural Type
6.6.3 Italy Astaxanthin Market by Application
6.7 Rest of Europe Astaxanthin Market
6.7.1 Rest of Europe Astaxanthin Market by Product
6.7.2 Rest of Europe Astaxanthin Market by Source
6.7.2.1 Rest of Europe Astaxanthin Market by Natural Type
6.7.3 Rest of Europe Astaxanthin Market by Application
Chapter 7. Company Profiles
7.1 E.I.D. Parry Limited (Murugappa Group)
7.1.1 Company Overview
7.1.2 Financial Analysis
7.1.3 Segmental and Regional Analysis
7.1.4 Research & Development Expenses
7.1.5 Recent Strategies and Developments:
7.1.5.1 Acquisitions, Mergers and Joint Ventures:
7.2 Cyanotech Corporation
7.2.1 Company Overview
7.2.2 Financial Analysis
7.2.3 Regional Analysis
7.2.4 Research & Development Expenses
7.2.5 Recent Strategies and developments:
7.2.5.1 Product Launches and Product Expansions:
7.3 ENEOS Corporation (Eneos Holdings)
7.3.1 Company Overview
7.3.2 Financial Analysis
7.3.3 Segmental and Regional Analysis
7.3.4 Research & Development Expense
7.4 Algatech Ltd. (Solabia Group)
7.4.1 Company Overview
7.4.2 Recent strategies and developments:
7.4.2.1 Product Launches and Product Expansions:
7.5 MicroA AS
7.5.1 Company Overview
7.6 Beijing Gingko Group
7.6.1 Company Overview
7.7 Algalif Iceland ehf
7.7.1 Company Overview
7.8 Fuji Chemical Industries Co., Ltd.
7.8.1 Company Overview
7.9 Piveg, Inc.
7.9.1 Company Overview
7.10. Atacama Bio Natural Products S.A.
7.10.1 Company Overview
Companies Mentioned
- E.I.D. Parry Limited (Murugappa Group)
- Cyanotech Corporation
- ENEOS Corporation (Eneos Holdings)
- Algatech Ltd. (Solabia Group)
- MicroA AS
- Beijing Gingko Group
- Algalif Iceland ehf
- Piveg, Inc.
- Fuji Chemical Industries Co., Ltd.
- Atacama Bio Natural Products S.A.
Methodology
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