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Astaxanthin Market Size, Share & Trends Analysis Report by Product (Oil, Softgel, Liquid), Source (Natural, Synthetic), Application (Aquaculture & Animal Feed, Nutraceuticals), Region, and Segment Forecasts, 2024-2030

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    Report

  • 120 Pages
  • December 2023
  • Region: Global
  • Grand View Research
  • ID: 5450246
The global astaxanthin market size is expected to reach USD 7.28 billion by 2030, set to grow at a 17.1% CAGR from 2024 to 2030. The increasing demand for nutraceuticals and growing applications of carotenoids in the animal feed industry & aquaculture are the major factors driving the market growth. Moreover, the rapidly aging population and the growing health awareness among consumers are likely to support market expansion.

The market is anticipated to witness growth opportunities owing to growth in the aquaculture and fishing sectors. For instance, Germany is expanding its fish production and according to the federal statistical office of Germany, the country produced around 18,300 tons of fish in 2021. The growth in the aquaculture sector across the globe is likely to propel the demand for astaxanthin as the pigment helps to boost the immunity of animals and enhance the pigmentation of aquatic animals, such as ornamental fish, and rainbow trout.

Moreover, the market growth is also fueled by various research & development activities to increase the adoption of astaxanthin. For instance, in December 2021, AstaReal and the University of Tsukuba announced a new patent and research showing that the astaxanthin molecules modulate the genes of the brain involved in neuron formation, memory, and learning. Moreover, in July 2020, Russian and German university scientists from SPbPU and TUHH announced a collaboration to enhance the production of astaxanthin for its antioxidant application.

Moreover, increasing studies related to the health benefits of natural astaxanthin are expected to increase the market uptake. For instance, in August 2022, a study published by the American Journal of Clinical Nutrition stated that krill oil can help manage stiffness, knee pain, and physical function in adults with osteoarthritis & knee pain between the ages of 40 and 65 years.

In addition, owing to the high demand for astaxanthin in international markets various leading players are strengthening their supply chain capabilities to make their products available. For instance, in July 2021, Atacama Bio Natural Products S.A. signed an exclusive distribution agreement with Guangzhou Carelife Food Additives Co., Ltd. to promote its distribution network in China. Moreover, in June 2022, Pharmactive Biotech Products partnership with Singapore-based Nutraconnect to introduce scientifically backed novel nutraceuticals into the Asia-Pacific market.

Furthermore, supportive regulatory policies and increasing approval of products are driving the industry’s growth. For instance, in July 2021, NextFern Technologies received regulatory approval for its Astafern from Health Canada. Astafern is an innovative fermented astaxanthin antioxidant in form of gummies. In addition, the government has undertaken supportive registration requirements for carotenoid-based coloring agents and mixed feeds containing carotenoid-based coloring agents.

Astaxanthin Market Report Highlights

  • Based on product, the dried algae meal or biomass segment accounted for the largest share in 2023 due to the high usage as animal feed and lower cost of production
  • The aquaculture & animal feed segment was the highest revenue contributor in 2023. Whereas, the nutraceuticals segment is expected to exhibit the fastest CAGR during the projected period
  • The Asia-Pacific region is expected to grow at the fastest rate over the forecast period due to the rising investments by market players and increasing research activities in the region

Table of Contents

Chapter 1 Methodology and Scope
1.1 Market Segmentation and Scope
1.1.1 Segment scope
1.1.2 Regional scope
1.1.3 Estimates and forecast timeline
1.2 Research Methodology
1.3 Information Procurement
1.3.1 Purchased database:
1.3.2 Internal database
1.3.3 Secondary sources
1.3.4 Primary research
1.3.5 Details of primary research
1.4 Information or Data Analysis
1.4.1 Data analysis models
1.5 Market Formulation & Validation
1.6 Model Details
1.6.1 Commodity Flow Analysis
1.6.1.1 Approach: Commodity Flow Approach
1.7 Research Assumptions
1.8 List of Secondary Sources
1.9 List of Abbreviations
1.10 Objectives
1.10.1 Objective 1
1.10.2 Objective 2
1.10.3 Objective 3
1.10.4 Objective 4
Chapter 2 Executive Summary
2.1 Market Outlook
2.2 Segment Outlook
2.3 Competitive Insights
Chapter 3 Astaxanthin Market Variables, Trends, & Scope
3.1 Market Lineage Outlook
3.1.1 Parent market
3.2 Market Dynamics
3.2.1 Market drivers analysis
3.2.1.1 Increasing demand for nutraceuticals and natural antioxidants
3.2.1.2 Introduction of advanced technologies
3.2.1.3 Increase in adoption of natural cosmetics, nutraceuticals, and pharmaceuticals
3.2.1.4 Increased use in aquaculture and coloring of fish
3.2.2 Market restraint analysis
3.2.2.1 High cost of production
3.2.2.2 Excess space requirement
3.3 Penetration & Growth Prospect Mapping
3.4 Astaxanthin: Market Analysis Tools
3.4.1 Industry analysis - Porter’s
3.4.2 PESTLE analysis
3.5 Regulatory Framework
3.6 Pricing Analysis
Chapter 4 Astaxanthin Market Segment Analysis, By Source, 2018-2030 (USD Million) (Volume in Metric Tonnes)
4.1 Definition and Scope
4.2 Source Market Share Analysis, 2023 & 2030
4.3 Segment Dashboard
4.4 Global Astaxanthin Market, by Source, 2018 to 2030
4.5 Market Size & Forecasts and Trend Analyses, 2018 to 2030
4.5.1 Natural
4.5.1.1 Natural market estimates and forecasts, 2018-2030 (USD Million)
4.5.1.1 Yeast
4.5.1.1.1 Yeast market estimates and forecasts, 2018-2030 (USD Million)
4.5.1.2 Krill/Shrimp
4.5.1.2.1 Krill/Shrimp market estimates and forecasts, 2018-2030 (USD Million)
4.5.1.3 Microalgae
4.5.1.3.1 Microalgae market estimates and forecasts, 2018-2030 (USD Million)
4.5.1.4 Others
4.5.1.4.1 Others market estimates and forecasts, 2018-2030 (USD Million)
4.5.2 Synthetic
4.5.2.1 Synthetic market estimates and forecasts, 2018-2030 (USD Million)
Chapter 5 Astaxanthin Market Segment Analysis, By Product 2018-2030 (USD Million)
5.1 Definition and Scope
5.2 Product Market Share Analysis, 2023 & 2030
5.3 Segment Dashboard
5.4 Global Astaxanthin Market, by Product, 2018 to 2030
5.5 Market Size & Forecasts and Trend Analyses, 2018 to 2030
5.5.1 Dried algae meal or Biomass
5.5.1.1 Dried algae meal or Biomass market estimates and forecasts, 2018-2030 (USD Million)
5.5.2 Oil
5.5.2.1 Oil market estimates and forecasts, 2018-2030 (USD Million)
5.5.3 Softgel
5.5.3.1 Softgel market estimates and forecasts, 2018-2030 (USD Million)
5.5.4 Liquid
5.5.4.1 Liquid market estimates and forecasts, 2018-2030 (USD Million)
5.5.5 Others
5.5.5.1 Others market estimates and forecasts, 2018-2030 (USD Million)
Chapter 6 Astaxanthin Market Segment Analysis, By Application, 2018-2030 (USD Million)
6.1 Definition and Scope
6.2 Application Market Share Analysis, 2023 & 2030
6.3 Segment Dashboard
6.4 Global Astaxanthin Market, by Application, 2018 to 2030
6.5 Market Size & Forecasts and Trend Analyses, 2018 to 2030
6.5.1 Nutraceuticals
6.5.1.1 Nutraceuticals market estimates and forecasts, 2018-2030 (USD Million)
6.5.2 Cosmetics
6.5.2.1 Cosmetics market estimates and forecasts, 2018-2030 (USD Million)
6.5.3 Aquaculture and animalFeed
6.5.3.1 Aquaculture and animalFeed market estimates and forecasts, 2018-2030 (USD Million)
6.5.4 Food
6.5.4.1 Food market estimates and forecasts, 2018-2030 (USD Million)
6.5.4.2 Functional foods and beverages
6.5.4.2.1 Functional foods and beverages market estimates and forecasts, 2018-2030 (USD Million)
6.5.4.3 Other traditional food manufacturing applications
6.5.3.1 Other traditional food manufacturing applications market estimates and forecasts, 2018-2030 (USD Million)
6.5.5 Others
6.5.5.1 Others market estimates and forecasts, 2018-2030 (USD Million)
Chapter 7 Astaxanthin Market Segment Analysis, By Region, 2018-2030 (USD Million)
7.1 Definition & Scope
7.2 Regional Market Share Analysis, 2023 & 2030
7.3 Regional Market Dashboard
7.4 Regional Market Snapshot
7.5 SWOT Analysis
7.5.1 North America
7.5.2 Europe
7.5.3 Asia-Pacific
7.5.4 Latin America
7.5.5 Middle East and Africa
7.6 Market Size, & Forecasts, Revenue and Trend Analysis, 2018 to 2030
7.6.1 North America
7.6.1.1 North America market estimates and forecast, 2018-2030 (USD Million)
7.6.1.2 U.S.
7.6.1.2.1 Key Country Dynamics
7.6.1.2.2 Competitive Scenario
7.6.1.2.3 Regulatory Framework
7.6.1.2.4 Production & Improt/Export of Astaxanthin
7.6.1.2.5 U.S. astaxanthin market estimates and forecasts, 2018-2030 (USD Million)
7.6.1.3 Canada
7.6.1.3.1 Key Country Dynamics
7.6.1.3.2 Competitive Scenario
7.6.1.3.3 Regulatory Framework
7.6.1.3.4 Production & Improt/Export of Astaxanthin
7.6.1.3.5 Canada astaxanthin market estimates and forecasts , 2018-2030 (USD Million)
7.6.2 Europe
7.6.2.1 Europe astaxanthin market estimates and forecasts , 2018-2030 (USD Million)
7.6.2.2 UK
7.6.2.2.1 Key Country Dynamics
7.6.2.2.2 Competitive Scenario
7.6.2.2.3 Regulatory Framework
7.6.2.2.4 Production & Improt/Export of Astaxanthin
7.6.2.2.5 UK astaxanthin market estimates and forecasts , 2018-2030 (USD Million)
7.6.2.3 Germany
7.6.2.3.1 Key Country Dynamics
7.6.2.3.2 Competitive Scenario
7.6.2.3.3 Regulatory Framework
7.6.2.3.4 Production & Improt/Export of Astaxanthin
7.6.2.3.5 Germany astaxanthin market estimates and forecasts , 2018-2030 (USD Million)
7.6.2.4 Spain
7.6.2.4.1 Key Country Dynamics
7.6.2.4.2 Competitive Scenario
7.6.2.4.3 Regulatory Framework
7.6.2.4.4 Production & Improt/Export of Astaxanthin
7.6.2.4.5 Spain astaxanthin market estimates and forecasts , 2018-2030 (USD Million)
7.6.2.5 France
7.6.2.5.1 Key Country Dynamics
7.6.2.5.2 Competitive Scenario
7.6.2.5.3 Regulatory Framework
7.6.2.5.4 Production & Improt/Export of Astaxanthin
7.6.2.5.5 France astaxanthin market estimates and forecasts , 2018-2030 (USD Million)
7.6.2.6 Italy
7.6.2.6.1 Key Country Dynamics
7.6.2.6.2 Competitive Scenario
7.6.2.6.3 Regulatory Framework
7.6.2.6.4 Production & Improt/Export of Astaxanthin
7.6.2.6.5 Italy astaxanthin market estimates and forecasts , 2018-2030 (USD Million)
7.6.2.7 Russia
7.6.2.7.1 Key Country Dynamics
7.6.2.7.2 Competitive Scenario
7.6.2.7.3 Regulatory Framework
7.6.2.7.4 Production & Improt/Export of Astaxanthin
7.6.2.7.5 Russia astaxanthin market estimates and forecasts , 2018-2030 (USD Million)
7.6.2.7 Denmark
7.6.2.7.1 Key Country Dynamics
7.6.2.7.2 Competitive Scenario
7.6.2.7.3 Regulatory Framework
7.6.2.7.4 Production & Improt/Export of Astaxanthin
7.6.2.7.5 Denmark astaxanthin market estimates and forecasts , 2018-2030 (USD Million)
7.6.2.9 Sweden
7.6.2.9.1 Key Country Dynamics
7.6.2.9.2 Competitive Scenario
7.6.2.9.3 Regulatory Framework
7.6.2.9.4 Production & Improt/Export of Astaxanthin
7.6.2.9.5 Sweden astaxanthin market estimates and forecasts , 2018-2030 (USD Million)
7.6.2.10 Norway
7.6.2.10.1 Key Country Dynamics
7.6.2.10.2 Competitive Scenario
7.6.2.10.3 Regulatory Framework
7.6.2.10.4 Production & Improt/Export of Astaxanthin
7.6.2.10.5 Norway astaxanthin market estimates and forecasts , 2018-2030 (USD Million)
7.6.3 Asia-Pacific
7.6.3.1 Asia-Pacific astaxanthin market estimates and forecasts , 2018-2030 (USD Million)
7.6.3.2 Japan
7.6.3.2.1 Key Country Dynamics
7.6.3.2.2 Competitive Scenario
7.6.3.2.3 Regulatory Framework
7.6.3.2.4 Production & Improt/Export of Astaxanthin
7.6.3.2.5 Japan astaxanthin market estimates and forecasts , 2018-2030 (USD Million)
7.6.3.3 China
7.6.3.3.1 Key Country Dynamics
7.6.3.3.2 Competitive Scenario
7.6.3.3.3 Regulatory Framework
7.6.3.3.4 Production & Improt/Export of Astaxanthin
7.6.3.3.5 China astaxanthin market estimates and forecasts , 2018-2030 (USD Million)
7.6.3.4 India
7.6.3.4.1 Key Country Dynamics
7.6.3.4.2 Competitive Scenario
7.6.3.4.3 Regulatory Framework
7.6.3.4.4 Production & Improt/Export of Astaxanthin
7.6.3.4.5 India astaxanthin market estimates and forecasts , 2018-2030 (USD Million)
7.6.3.5 South Korea
7.6.3.5.1 Key Country Dynamics
7.6.3.5.2 Competitive Scenario
7.6.3.5.3 Regulatory Framework
7.6.3.5.4 Production & Improt/Export of Astaxanthin
7.6.3.5.5 South Korea astaxanthin market estimates and forecasts , 2018-2030 (USD Million)
7.6.3.6 Australia
7.6.3.6.1 Key Country Dynamics
7.6.3.6.2 Competitive Scenario
7.6.3.6.3 Regulatory Framework
7.6.3.6.4 Production & Improt/Export of Astaxanthin
7.6.3.6.5 Australia astaxanthin market estimates and forecasts , 2018-2030 (USD Million)
7.6.3.7 Singapore
7.6.3.7.1 Key Country Dynamics
7.6.3.7.2 Competitive Scenario
7.6.3.7.3 Regulatory Framework
7.6.3.7.4 Production & Improt/Export of Astaxanthin
7.6.3.7.5 Singapore astaxanthin market estimates and forecasts , 2018-2030 (USD Million)
7.6.3.7 Thailand
7.6.3.7.1 Key Country Dynamics
7.6.3.7.2 Competitive Scenario
7.6.3.7.3 Regulatory Framework
7.6.3.7.4 Production & Improt/Export of Astaxanthin
7.6.3.7.5 Thailand astaxanthin market estimates and forecasts , 2018-2030 (USD Million)
7.6.4 Latin America
7.6.4.1 Latin America astaxanthin market estimates and forecasts , 2018-2030 (USD Million)
7.6.4.2 Brazil
7.6.4.2.1 Key Country Dynamics
7.6.4.2.2 Competitive Scenario
7.6.4.2.3 Regulatory Framework
7.6.4.2.4 Production & Improt/Export of Astaxanthin
7.6.4.2.5 Brazil astaxanthin market estimates and forecasts , 2018-2030 (USD Million)
7.6.4.3 Mexico
7.6.4.3.1 Key Country Dynamics
7.6.4.3.2 Competitive Scenario
7.6.4.3.3 Regulatory Framework
7.6.4.3.4 Production & Improt/Export of Astaxanthin
7.6.4.3.5 Mexico astaxanthin market estimates and forecasts , 2018-2030 (USD Million)
7.6.4.4 Argentina
7.6.4.4.1 Key Country Dynamics
7.6.4.4.2 Competitive Scenario
7.6.4.4.3 Regulatory Framework
7.6.4.4.4 Production & Improt/Export of Astaxanthin
7.6.4.4.5 Argentina astaxanthin market estimates and forecasts, 2018-2030 (USD Million)
7.6.4.5 Ecuador
7.6.4.5.1 Key Country Dynamics
7.6.4.5.2 Competitive Scenario
7.6.4.5.3 Regulatory Framework
7.6.4.5.4 Production & Improt/Export of Astaxanthin
7.6.4.5.5 Ecuador astaxanthin market estimates and forecasts, 2018-2030 (USD Million)
7.6.5 MEA
7.6.5.1 MEA astaxanthin market estimates and forecasts , 2018-2030 (USD Million)
7.6.5.2 South Africa
7.6.5.2.1 Key Country Dynamics
7.6.5.2.2 Competitive Scenario
7.6.5.2.3 Regulatory Framework
7.6.5.2.4 Production & Improt/Export of Astaxanthin
7.6.5.2.5 South Africa astaxanthin market estimates and forecasts , 2018-2030 (USD Million)
7.6.5.3 Saudi Arabia
7.6.5.3.1 Key Country Dynamics
7.6.5.3.2 Competitive Scenario
7.6.5.3.3 Regulatory Framework
7.6.5.3.4 Production & Improt/Export of Astaxanthin
7.6.5.3.5 Saudi Arabia astaxanthin market estimates and forecasts , 2018-2030 (USD Million)
7.6.5.4 UAE
7.6.5.4.1 Key Country Dynamics
7.6.5.4.2 Competitive Scenario
7.6.5.4.3 Regulatory Framework
7.6.5.4.4 Production & Improt/Export of Astaxanthin
7.6.5.4.5 UAE astaxanthin market estimates and forecasts , 2018-2030 (USD Million)
7.6.5.5 Israel
7.6.5.5.1 Key Country Dynamics
7.6.5.5.2 Competitive Scenario
7.6.5.5.3 Regulatory Framework
7.6.5.5.4 Production & Improt/Export of Astaxanthin
7.6.5.5.5 Israel astaxanthin market estimates and forecasts , 2018-2030 (USD Million)
7.6.5.6 Kuwait
7.6.5.6.1 Key Country Dynamics
7.6.5.6.2 Competitive Scenario
7.6.5.6.3 Regulatory Framework
7.6.5.6.4 Production & Improt/Export of Astaxanthin
7.6.5.6.5 Kuwait astaxanthin market estimates and forecasts , 2018-2030 (USD Million)
Chapter 8 Astaxanthin Market - Competitive Analysis
8.1 Recent Developments & Impact Analysis, by Key Market Participants
8.1.1 Ansoff matrix
8.1.2 Heat map analysis
8.1.3 Major Deals and Strategic Alliances Analysis
8.1.3.1 Joint Ventures
8.1.3.2 Licensing Agreements
8.1.3.3 Product Launches
8.1.3.1 Conferences and Campaigns
8.2 Company Categorization
8.2.1 Innovators
8.2.2 Market Leaders
8.3 Vendor Landscape
8.3.1 List of key distributors and channel partners
8.3.2 Key customers
8.4 Public Companies
8.4.1 Competitive Dashboard Analysis
8.4.1.1 Market Differentiators
8.5 Private Companies
8.5.1 List of key emerging companies
8.6 Company Profiles
8.6.1 Algatech Ltd
8.6.1.1 Company overview
8.6.1.2 Financial performance
8.6.1.3 Product benchmarking
8.6.1.4 Strategic Initiatives
8.6.2 Cyanotech Corporation.
8.6.2.1 Company overview
8.6.2.2 Financial performance
8.6.2.3 Product benchmarking
8.6.2.4 Strategic Initiatives
8.6.3 MicroA
8.6.3.1 Company overview
8.6.3.2 Financial performance
8.6.3.3 Product benchmarking
8.6.3.4 Strategic Initiatives
8.6.4 Beijing Gingko Group (BGG)
8.6.4.1 Company overview
8.6.4.2 Financial performance
8.6.4.3 Product benchmarking
8.6.4.4 Strategic Initiatives
8.6.5 Algalíf Iceland ehf
8.6.5.1 Company overview
8.6.5.2 Financial performance
8.6.5.3 Product benchmarking
8.6.5.4 Strategic Initiatives
8.6.6 Fuji Chemical Industries Co., Ltd
8.6.6.1 Company overview
8.6.6.2 Financial performance
8.6.6.3 Product benchmarking
8.6.6.4 Strategic Initiatives
8.6.7 PIVEG, Inc.
8.6.7.1 Company overview
8.6.7.2 Financial performance
8.6.7.3 Product benchmarking
8.6.7.4 Strategic Initiatives
8.6.8 Atacama Bio Natural Products S.A
8.6.8.1 Company overview
8.6.8.2 Financial performance
8.6.8.3 Product benchmarking
8.6.8.4 Strategic Initiatives
8.6.9 ENEOS Corporation
8.6.9.1 Company overview
8.6.9.2 Financial performance
8.6.9.3 Product benchmarking
8.6.9.4 Strategic Initiatives
8.6.10 E.I.D. - Parry (India) Limited (Alimtec S.A., Valensa International)
8.6.10.1 Company overview
8.6.10.2 Financial performance
8.6.10.3 Product benchmarking
8.6.10.4 Strategic Initiatives
List of Tables
Table 1 List of Secondary Sources
Table 2 List of Abbreviations
Table 3 Leading Market Players Anticipated to Witness Highest Growth
Table 4 Global Astaxanthin Market, By Region, 2018-2030 (USD Million)
Table 5 Global Astaxanthin Market, By Source, 2018-2030 (USD Million) (Volume, in Metric Tonnes)
Table 6 Global Astaxanthin Market, By Product, 2018-2030 (USD Million)
Table 7 Global Astaxanthin Market, By Application, 2018-2030 (USD Million)
Table 8 North America Astaxanthin Market, By Country, 2018-2030 (USD Million)
Table 9 North America Astaxanthin Market, By Source, 2018-2030 (USD Million) (Volume, in Metric Tonnes)
Table 10 North America Astaxanthin Market, By Product, 2018-2030 (USD Million)
Table 11 North America Astaxanthin Market, By Application, 2018-2030 (USD Million)
Table 12 U.S. Astaxanthin Market, By Source, 2018-2030 (USD Million) (Volume, in Metric Tonnes)
Table 13 U.S. Astaxanthin Market, By Product, 2018-2030 (USD Million)
Table 14 U.S. Astaxanthin Market, By Application, 2018-2030 (USD Million)
Table 15 Canada Astaxanthin Market, By Source, 2018-2030 (USD Million) (Volume, in Metric Tonnes)
Table 16 Canada Astaxanthin Market, By Product, 2018-2030 (USD Million)
Table 17 Canada Astaxanthin Market, By Application, 2018-2030 (USD Million)
Table 18 Europe Astaxanthin Market, By Country, 2018-2030 (USD Million)
Table 19 Europe Astaxanthin Market, By Source, 2018-2030 (USD Million) (Volume, in Metric Tonnes)
Table 20 Europe Astaxanthin Market, By Product, 2018-2030 (USD Million)
Table 21 Europe Astaxanthin Market, By Application, 2018-2030 (USD Million)
Table 22 Germany Astaxanthin Market, By Source, 2018-2030 (USD Million) (Volume, in Metric Tonnes)
Table 23 Germany Astaxanthin Market, By Product, 2018-2030 (USD Million)
Table 24 Germany Astaxanthin Market, By Application, 2018-2030 (USD Million)
Table 25 France Astaxanthin Market, By Source, 2018-2030 (USD Million) (Volume, in Metric Tonnes)
Table 26 France Astaxanthin Market, By Product, 2018-2030 (USD Million)
Table 27 France Astaxanthin Market, By Application, 2018-2030 (USD Million)
Table 28 UK Astaxanthin Market, By Source, 2018-2030 (USD Million) (Volume, in Metric Tonnes)
Table 29 UK Astaxanthin Market, By Product, 2018-2030 (USD Million)
Table 30 UK Astaxanthin Market, By Application, 2018-2030 (USD Million)
Table 31 Spain Astaxanthin Market, By Source, 2018-2030 (USD Million) (Volume, in Metric Tonnes)
Table 32 Spain Astaxanthin Market, By Product, 2018-2030 (USD Million)
Table 33 Spain Astaxanthin Market, By Application, 2018-2030 (USD Million)
Table 34 Italy Astaxanthin Market, By Source, 2018-2030 (USD Million) (Volume, in Metric Tonnes)
Table 35 Italy Astaxanthin Market, By Product, 2018-2030 (USD Million)
Table 36 Italy Astaxanthin Market, By Application, 2018-2030 (USD Million)
Table 37 Russia Astaxanthin Market, By Source, 2018-2030 (USD Million) (Volume, in Metric Tonnes)
Table 38 Russia Astaxanthin Market, By Product, 2018-2030 (USD Million)
Table 39 Russia Astaxanthin Market, By Application, 2018-2030 (USD Million)
Table 40 Denmark Astaxanthin Market, By Source, 2018-2030 (USD Million) (Volume, in Metric Tonnes)
Table 41 Denmark Astaxanthin Market, By Product, 2018-2030 (USD Million)
Table 42 Denmark Astaxanthin Market, By Application, 2018-2030 (USD Million)
Table 43 Sweden Astaxanthin Market, By Source, 2018-2030 (USD Million) (Volume, in Metric Tonnes)
Table 44 Sweden Astaxanthin Market, By Product, 2018-2030 (USD Million)
Table 45 Sweden Astaxanthin Market, By Application, 2018-2030 (USD Million)
Table 46 Norway Astaxanthin Market, By Source, 2018-2030 (USD Million) (Volume, in Metric Tonnes)
Table 47 Norway Astaxanthin Market, By Product, 2018-2030 (USD Million)
Table 48 Norway Astaxanthin Market, By Application, 2018-2030 (USD Million)
Table 49 Asia-Pacific Astaxanthin Market, By Country, 2018-2030 (USD Million)
Table 50 Asia-Pacific Astaxanthin Market, By Source, 2018-2030 (USD Million) (Volume, in Metric Tonnes)
Table 51 Asia-Pacific Astaxanthin Market, By Product, 2018-2030 (USD Million)
Table 52 Asia-Pacific Astaxanthin Market, By Application, 2018-2030 (USD Million)
Table 53 Japan Astaxanthin Market, By Source, 2018-2030 (USD Million) (Volume, in Metric Tonnes)
Table 54 Japan Astaxanthin Market, By Product, 2018-2030 (USD Million)
Table 55 Japan Astaxanthin Market, By Application, 2018-2030 (USD Million)
Table 56 China Astaxanthin Market, By Source, 2018-2030 (USD Million) (Volume, in Metric Tonnes)
Table 57 China Astaxanthin Market, By Product, 2018-2030 (USD Million)
Table 58 China Astaxanthin Market, By Application, 2018-2030 (USD Million)
Table 59 India Astaxanthin Market, By Source, 2018-2030 (USD Million) (Volume, in Metric Tonnes)
Table 60 India Astaxanthin Market, By Product, 2018-2030 (USD Million)
Table 61 India Astaxanthin Market, By Application, 2018-2030 (USD Million)
Table 62 Australia Astaxanthin Market, By Source, 2018-2030 (USD Million) (Volume, in Metric Tonnes)
Table 63 Australia Astaxanthin Market, By Product, 2018-2030 (USD Million)
Table 64 Australia Astaxanthin Market, By Application, 2018-2030 (USD Million)
Table 65 South Korea Astaxanthin Market, By Source, 2018-2030 (USD Million) (Volume, in Metric Tonnes)
Table 66 South Korea Astaxanthin Market, By Product, 2018-2030 (USD Million)
Table 67 South Korea Astaxanthin Market, By Application, 2018-2030 (USD Million)
Table 68 Singapore Astaxanthin Market, By Source, 2018-2030 (USD Million) (Volume, in Metric Tonnes)
Table 69 Singapore Astaxanthin Market, By Product, 2018-2030 (USD Million)
Table 70 Singapore Astaxanthin Market, By Application, 2018-2030 (USD Million)
Table 71 Thailand Astaxanthin Market, By Source, 2018-2030 (USD Million) (Volume, in Metric Tonnes)
Table 72 Thailand Astaxanthin Market, By Product, 2018-2030 (USD Million)
Table 73 Thailand Astaxanthin Market, By Application, 2018-2030 (USD Million)
Table 74 Latin America Astaxanthin Market, By Country, 2018-2030 (USD Million)
Table 75 Latin America Astaxanthin Market, By Source, 2018-2030 (USD Million) (Volume, in Metric Tonnes)
Table 76 Latin America Astaxanthin Market, By Product, 2018-2030 (USD Million)
Table 77 Latin America Astaxanthin Market, By Application, 2018-2030 (USD Million)
Table 78 Brazil Astaxanthin Market, By Source, 2018-2030 (USD Million) (Volume, in Metric Tonnes)
Table 79 Brazil Astaxanthin Market, By Product, 2018-2030 (USD Million)
Table 80 Brazil Astaxanthin Market, By Application, 2018-2030 (USD Million)
Table 81 Mexico Astaxanthin Market, By Source, 2018-2030 (USD Million) (Volume, in Metric Tonnes)
Table 82 Mexico Astaxanthin Market, By Product, 2018-2030 (USD Million)
Table 83 Mexico Astaxanthin Market, By Application, 2018-2030 (USD Million)
Table 84 Argentina Astaxanthin Market, By Source, 2018-2030 (USD Million) (Volume, in Metric Tonnes)
Table 85 Argentina Astaxanthin Market, By Product, 2018-2030 (USD Million)
Table 86 Argentina Astaxanthin Market, By Application, 2018-2030 (USD Million)
Table 87 Ecuador Astaxanthin Market, By Source, 2018-2030 (USD Million) (Volume, in Metric Tonnes)
Table 88 Ecuador Astaxanthin Market, By Product, 2018-2030 (USD Million)
Table 89 Ecuador Astaxanthin Market, By Application, 2018-2030 (USD Million)
Table 90 Middle East and Africa Astaxanthin Market, By Country, 2018-2030 (USD Million)
Table 91 Middle East and Africa Astaxanthin Market, By Source, 2018-2030 (USD Million) (Volume, in Metric Tonnes)
Table 92 Middle East and Africa Astaxanthin Market, By Product, 2018-2030 (USD Million)
Table 93 Middle East and Africa Astaxanthin Market, By Application, 2018-2030 (USD Million)
Table 94 South Africa Astaxanthin Market, By Source, 2018-2030 (USD Million) (Volume, in Metric Tonnes)
Table 95 South Africa Astaxanthin Market, By Product, 2018-2030 (USD Million)
Table 96 South Africa Astaxanthin Market, By Application, 2018-2030 (USD Million)
Table 97 Saudi Arabia Astaxanthin Market, By Source, 2018-2030 (USD Million) (Volume, in Metric Tonnes)
Table 98 Saudi Arabia Astaxanthin Market, By Product, 2018-2030 (USD Million)
Table 99 Saudi Arabia Astaxanthin Market, By Application, 2018-2030 (USD Million)
Table 100 UAE Astaxanthin Market, By Source, 2018-2030 (USD Million) (Volume, in Metric Tonnes)
Table 101 UAE Astaxanthin Market, By Product, 2018-2030 (USD Million)
Table 102 UAE Astaxanthin Market, By Application, 2018-2030 (USD Million)
Table 103 Israel Astaxanthin Market, By Source, 2018-2030 (USD Million) (Volume, in Metric Tonnes)
Table 104 Israel Astaxanthin Market, By Product, 2018-2030 (USD Million)
Table 105 Israel Astaxanthin Market, By Application, 2018-2030 (USD Million)
Table 106 Kuwait Astaxanthin Market, By Source, 2018-2030 (USD Million) (Volume, in Metric Tonnes)
Table 107 Kuwait Astaxanthin Market, By Product, 2018-2030 (USD Million)
Table 108 Kuwait Astaxanthin Market, By Application, 2018-2030 (USD Million)
List of Figures
Figure 1 Astaxanthin market segmentation
Figure 2 Market research process
Figure 3 Information procurement
Figure 4 Primary research pattern
Figure 5 Market research approaches
Figure 6 Value-chain-based sizing & forecasting
Figure 7 QFD modeling for market share assessment
Figure 8 Market formulation & validation
Figure 9 Penetration & growth prospect mapping
Figure 10 User perspective analysis
Figure 11 Astaxanthin market driver impact
Figure 12 Market restraint relevance analysis (Current & future impact)
Figure 13 SWOT analysis, by factor (Political & legal, economic, and technological)
Figure 14 Porter’s five forces analysis
Figure 15 Astaxanthin market: Source movement analysis
Figure 16 Astaxanthin market: Source segment dashboard
Figure 18 Astaxanthin market, source outlook: Key takeaways
Figure 19 Natural astaxanthin market, 2018-2030 (USD Million) (Volume, in Metric Tonnes)
Figure 20 Yeast natural astaxanthin market, 2018-2030 (USD Million) (Volume, in Metric Tonnes)
Figure 21 Krill/shrimp natural astaxanthin market, 2018-2030 (USD Million) (Volume, in Metric Tonnes)
Figure 22 Microalgae natural astaxanthin market, 2018-2030 (USD Million) (Volume, in Metric Tonnes)
Figure 23 Others natural astaxanthin market, 2018-2030 (USD Million) (Volume, in Metric Tonnes)
Figure 24 Synthetic astaxanthin market, 2018-2030 (USD Million) (Volume, in Metric Tonnes)
Figure 25 Astaxanthin market: Product movement analysis
Figure 26 Astaxanthin market: Product segment dashboard
Figure 27 Astaxanthin market, product outlook: Key takeaways
Figure 28 Dried algae meal or biomass market, 2018-2030 (USD Million)
Figure 29 Oil market, 2018-2030 (USD Million)
Figure 30 Softgel market, 2018-2030 (USD Million)
Figure 31 Liquid market, 2018-2030 (USD Million)
Figure 32 Others astaxanthin market, 2018-2030 (USD Million)
Figure 33 Astaxanthin market: Application movement analysis
Figure 34 Astaxanthin: Application segment dashboard
Figure 35 Astaxanthin market, application outlook: Key takeaways
Figure 36 Nutraceuticals market, 2018-2030 (USD Million)
Figure 37 Cosmetics market, 2018-2030 (USD Million)
Figure 38 Aquaculture and animal feed market, 2018-2030 (USD Million)
Figure 39 Food market, 2018-2030 (USD Million)
Figure 40 Functional food & beverages market, 2018-2030 (USD Million)
Figure 41 Other traditional food manufacturing applications market, 2018-2030 (USD Million)
Figure 42 Others market, 2018-2030 (USD Million)
Figure 43 Regional marketplace: Key takeaways
Figure 44 Astaxanthin market: Regional movement analysis
Figure 45 North America
Figure 46 North America astaxanthin market estimates and forecast, 2018-2030 (USD Million) (Volume, in Metric Tonnes)
Figure 47 U.S. key country dynamics
Figure 48 U.S. astaxanthin market estimates and forecast, 2018-2030 (USD Million) (Volume, in Metric Tonnes)
Figure 49 Canada key country dynamics
Figure 50 Canada market estimates and forecast, 2018-2030 (USD Million) (Volume, in Metric Tonnes)
Figure 51 Europe
Figure 52 Europe astaxanthin market estimates and forecast, 2018-2030 (USD Million) (Volume, in Metric Tonnes)
Figure 53 Germany key country dynamics
Figure 54 Germany astaxanthin market estimates and forecast, 2018-2030 (USD Million) (Volume, in Metric Tonnes)
Figure 55 UK key country dynamics
Figure 56 UK astaxanthin market estimates and forecast, 2018-2030 (USD Million) (Volume, in Metric Tonnes)
Figure 57 France key country dynamics
Figure 58 France astaxanthin market estimates and forecast, 2018-2030 (USD Million) (Volume, in Metric Tonnes)
Figure 59 Spain key country dynamics
Figure 60 Spain astaxanthin market estimates and forecast, 2018-2030 (USD Million) (Volume, in Metric Tonnes)
Figure 61 Italy key country dynamics
Figure 62 Italy astaxanthin market estimates and forecast, 2018-2030 (USD Million) (Volume, in Metric Tonnes)
Figure 63 Russia key country dynamics
Figure 64 Russia astaxanthin market estimates and forecast, 2018-2030 (USD Million) (Volume, in Metric Tonnes)
Figure 65 Denmark key country dynamics
Figure 66 Denmark astaxanthin market estimates and forecast, 2018-2030 (USD Million) (Volume, in Metric Tonnes)
Figure 67 Norway key country dynamics
Figure 68 Norway astaxanthin market estimates and forecast, 2018-2030 (USD Million) (Volume, in Metric Tonnes)
Figure 69 Sweden key country dynamics
Figure 70 Sweden astaxanthin market estimates and forecast, 2018-2030 (USD Million) (Volume, in Metric Tonnes)
Figure 71 Asia-Pacific
Figure 72 Asia-Pacific astaxanthin market estimates and forecast, 2018-2030 (USD Million) (Volume, in Metric Tonnes)
Figure 73 Japan key country dynamics
Figure 74 Japan astaxanthin market estimates and forecast, 2018-2030 (USD Million) (Volume, in Metric Tonnes)
Figure 75 China key country dynamics
Figure 76 China astaxanthin market estimates and forecast, 2018-2030 (USD Million) (Volume, in Metric Tonnes)
Figure 77 India key country dynamics
Figure 78 India astaxanthin market estimates and forecast, 2018-2030 (USD Million) (Volume, in Metric Tonnes)
Figure 79 South Korea key country dynamics
Figure 80 South Korea astaxanthin market estimates and forecast, 2018-2030 (USD Million) (Volume, in Metric Tonnes)
Figure 81 Australia key country dynamics
Figure 82 Australia astaxanthin market estimates and forecast, 2018-2030 (USD Million) (Volume, in Metric Tonnes)
Figure 83 Singapore key country dynamics
Figure 84 Singapore astaxanthin market estimates and forecast, 2018-2030 (USD Million) (Volume, in Metric Tonnes)
Figure 85 Thailand key country dynamics
Figure 86 Thailand astaxanthin market estimates and forecast, 2018-2030 (USD Million) (Volume, in Metric Tonnes)
Figure 87 Latin America
Figure 88 Latin America astaxanthin market estimates and forecast, 2018-2030 (USD Million) (Volume, in Metric Tonnes)
Figure 89 Brazil key country dynamics
Figure 90 Brazil astaxanthin market estimates and forecast, 2018-2030 (USD Million) (Volume, in Metric Tonnes)
Figure 91 Mexico key country dynamics
Figure 92 Mexico astaxanthin market estimates and forecast, 2018-2030 (USD Million) (Volume, in Metric Tonnes)
Figure 93 Argentina key country dynamics
Figure 94 Argentina astaxanthin market estimates and forecast, 2018-2030 (USD Million) (Volume, in Metric Tonnes)
Figure 95 Ecuador key country dynamics
Figure 96 Ecuador astaxanthin market estimates and forecast, 2018-2030 (USD Million) (Volume, in Metric Tonnes)
Figure 97 MEA
Figure 98 MEA astaxanthin market estimates and forecast, 2018-2030 (USD Million) (Volume, in Metric Tonnes)
Figure 99 Saudi Arabia key country dynamics
Figure 100 Saudi Arabia astaxanthin market estimates and forecast, 2018-2030 (USD Million) (Volume, in Metric Tonnes)
Figure 101 South Africa key country dynamics
Figure 102 South Africa astaxanthin market estimates and forecast, 2018-2030 (USD Million) (Volume, in Metric Tonnes)
Figure 103 UAE key country dynamics
Figure 104 UAE astaxanthin market estimates and forecast, 2018-2030 (USD Million) (Volume, in Metric Tonnes)
Figure 105 Israel key country dynamics
Figure 106 Israel astaxanthin market estimates and forecast, 2018-2030 (USD Million) (Volume, in Metric Tonnes)
Figure 107 Kuwait key country dynamics
Figure 108 Kuwait astaxanthin market estimates and forecast, 2018-2030 (USD Million) (Volume, in Metric Tonnes)
Figure 109 Major deals and strategic alliances analysis
Figure 110 Ansoff matrix
Figure 111 Competition categorization
Figure 112 Company market position analysis
Figure 113 Company market position analysis
Figure 114 Key company market share analysis, 2023
Figure 115 Heat map analysis
Figure 116 Regional network map

Companies Mentioned

  • Algatech Ltd
  • Cyanotech Corporation.
  • MicroA
  • Beijing Gingko Group (BGG)
  • Algalíf 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)

Methodology

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Table Information