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Astaxanthin Market 2025-2029

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    Report

  • 210 Pages
  • March 2025
  • Region: Global
  • TechNavio
  • ID: 5947952
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The astaxanthin market is forecasted to grow by USD 585.9 million during 2024-2029, accelerating at a CAGR of 10.7% during the forecast period. The report on the astaxanthin market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing health and wellness awareness, rising demand for natural ingredients, and rise of E-commerce and online shopping.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.

The astaxanthin market is segmented as below:

By Source

  • Natural
  • Synthetic

By Type

  • Dry
  • Liquid

By Application

  • Dietary supplements
  • Animal feed
  • Cosmetics
  • Pharmaceuticals
  • Food and beverages

By Geographical Landscape

  • North America
  • Europe
  • APAC
  • South America
  • Middle East and Africa
This study identifies the increasing natural and sustainable sourcing of astaxanthin as one of the prime reasons driving the astaxanthin market growth during the next few years. Also, rising advertising and marketing campaigns and use of astaxanthin in beauty and cosmetic products will lead to sizable demand in the market.

The report on the astaxanthin market covers the following areas:

  • Astaxanthin Market sizing
  • Astaxanthin Market forecast
  • Astaxanthin Market industry analysis
A robust vendor analysis within the report is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading astaxanthin market vendors that include ALGAMO, Algatech Ltd., AstaMAZ NZ Ltd., Atacama Bio Natural Products SA, BASF SE, Beijing Gingko Group, Biogenic Co Ltd., Cardax Inc., Cyanotech Corp., Divis Laboratories Ltd., dsm-firmenich, EID Parry India Ltd., ENEOS Corp., FENCHEM, Fuji Chemical Industries Co Ltd., NOW Foods, Otsuka Pharmaceutical Co Ltd., Piveg Inc., Valensa International, and Zhejiang NHU Co. Ltd. Also, the astaxanthin market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.

Table of Contents

1 Executive Summary
1.1 Market overview
Executive Summary - Chart on Market Overview
Executive Summary - Data Table on Market Overview
Executive Summary - Chart on Global Market Characteristics
Executive Summary - Chart on Market By Geographical Landscape
Executive Summary - Chart on Market Segmentation by Source
Executive Summary - Chart on Market Segmentation by Type
Executive Summary - Chart on Market Segmentation by Application
Executive Summary - Chart on Incremental Growth
Executive Summary - Data Table on Incremental Growth
Executive Summary - Chart on Company Market Positioning
2 Market Analysis
2.1 Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
2.2 Criticality of inputs and Factors of differentiation
Overview on criticality of inputs and factors of differentiation
2.3 Factors of disruption
Overview on factors of disruption
2.4 Impact of drivers and challenges
Impact of drivers and challenges in 2024 and 2029
3 Market Landscape
3.1 Market ecosystem
Parent Market
Data Table on - Parent Market
3.2 Market characteristics
Market characteristics analysis
3.3 Value chain analysis
Value chain analysis
4 Market Sizing
4.1 Market definition
Offerings of companies included in the market definition
4.2 Market segment analysis
Market segments
4.3 Market size 2024
4.4 Market outlook: Forecast for 2024-2029
Chart on Global - Market size and forecast 2024-2029 ($ million)
Data Table on Global - Market size and forecast 2024-2029 ($ million)
Chart on Global Market: Year-over-year growth 2024-2029 (%)
Data Table on Global Market: Year-over-year growth 2024-2029 (%)
5 Historic Market Size
5.1 Global Astaxanthin Market 2019 - 2023
Historic Market Size - Data Table on Global Astaxanthin Market 2019 - 2023 ($ million)
5.2 Source segment analysis 2019 - 2023
Historic Market Size - Source Segment 2019 - 2023 ($ million)
5.3 Type segment analysis 2019 - 2023
Historic Market Size - Type Segment 2019 - 2023 ($ million)
5.4 Application segment analysis 2019 - 2023
Historic Market Size - Application Segment 2019 - 2023 ($ million)
5.5 Geography segment analysis 2019 - 2023
Historic Market Size - Geography Segment 2019 - 2023 ($ million)
5.6 Country segment analysis 2019 - 2023
Historic Market Size - Country Segment 2019 - 2023 ($ million)
6 Qualitative Analysis
6.1 Impact of AI on Pipeline Transport Market in US
7 Five Forces Analysis
7.1 Five forces summary
Five forces analysis - Comparison between 2024 and 2029
7.2 Bargaining power of buyers
Bargaining power of buyers - Impact of key factors 2024 and 2029
7.3 Bargaining power of suppliers
Bargaining power of suppliers - Impact of key factors in 2024 and 2029
7.4 Threat of new entrants
Threat of new entrants - Impact of key factors in 2024 and 2029
7.5 Threat of substitutes
Threat of substitutes - Impact of key factors in 2024 and 2029
7.6 Threat of rivalry
Threat of rivalry - Impact of key factors in 2024 and 2029
7.7 Market condition
Chart on Market condition - Five forces 2024 and 2029
8 Market Segmentation by Source
8.1 Market segments
Chart on Source - Market share 2024-2029 (%)
Data Table on Source - Market share 2024-2029 (%)
8.2 Comparison by Source
Chart on Comparison by Source
Data Table on Comparison by Source
8.3 Natural - Market size and forecast 2024-2029
Chart on Natural - Market size and forecast 2024-2029 ($ million)
Data Table on Natural - Market size and forecast 2024-2029 ($ million)
Chart on Natural - Year-over-year growth 2024-2029 (%)
Data Table on Natural - Year-over-year growth 2024-2029 (%)
8.4 Synthetic - Market size and forecast 2024-2029
Chart on Synthetic - Market size and forecast 2024-2029 ($ million)
Data Table on Synthetic - Market size and forecast 2024-2029 ($ million)
Chart on Synthetic - Year-over-year growth 2024-2029 (%)
Data Table on Synthetic - Year-over-year growth 2024-2029 (%)
8.5 Market opportunity by Source
Market opportunity by Source ($ million)
Data Table on Market opportunity by Source ($ million)
9 Market Segmentation by Type
9.1 Market segments
Chart on Type - Market share 2024-2029 (%)
Data Table on Type - Market share 2024-2029 (%)
9.2 Comparison by Type
Chart on Comparison by Type
Data Table on Comparison by Type
9.3 Dry - Market size and forecast 2024-2029
Chart on Dry - Market size and forecast 2024-2029 ($ million)
Data Table on Dry - Market size and forecast 2024-2029 ($ million)
Chart on Dry - Year-over-year growth 2024-2029 (%)
Data Table on Dry - Year-over-year growth 2024-2029 (%)
9.4 Liquid - Market size and forecast 2024-2029
Chart on Liquid - Market size and forecast 2024-2029 ($ million)
Data Table on Liquid - Market size and forecast 2024-2029 ($ million)
Chart on Liquid - Year-over-year growth 2024-2029 (%)
Data Table on Liquid - Year-over-year growth 2024-2029 (%)
9.5 Market opportunity by Type
Market opportunity by Type ($ million)
Data Table on Market opportunity by Type ($ million)
10 Market Segmentation by Application
10.1 Market segments
Chart on Application - Market share 2024-2029 (%)
Data Table on Application - Market share 2024-2029 (%)
10.2 Comparison by Application
Chart on Comparison by Application
Data Table on Comparison by Application
10.3 Dietary supplements - Market size and forecast 2024-2029
Chart on Dietary supplements - Market size and forecast 2024-2029 ($ million)
Data Table on Dietary supplements - Market size and forecast 2024-2029 ($ million)
Chart on Dietary supplements - Year-over-year growth 2024-2029 (%)
Data Table on Dietary supplements - Year-over-year growth 2024-2029 (%)
10.4 Animal feed - Market size and forecast 2024-2029
Chart on Animal feed - Market size and forecast 2024-2029 ($ million)
Data Table on Animal feed - Market size and forecast 2024-2029 ($ million)
Chart on Animal feed - Year-over-year growth 2024-2029 (%)
Data Table on Animal feed - Year-over-year growth 2024-2029 (%)
10.5 Cosmetics - Market size and forecast 2024-2029
Chart on Cosmetics - Market size and forecast 2024-2029 ($ million)
Data Table on Cosmetics - Market size and forecast 2024-2029 ($ million)
Chart on Cosmetics - Year-over-year growth 2024-2029 (%)
Data Table on Cosmetics - Year-over-year growth 2024-2029 (%)
10.6 Pharmaceuticals - Market size and forecast 2024-2029
Chart on Pharmaceuticals - Market size and forecast 2024-2029 ($ million)
Data Table on Pharmaceuticals - Market size and forecast 2024-2029 ($ million)
Chart on Pharmaceuticals - Year-over-year growth 2024-2029 (%)
Data Table on Pharmaceuticals - Year-over-year growth 2024-2029 (%)
10.7 Food and beverages - Market size and forecast 2024-2029
Chart on Food and beverages - Market size and forecast 2024-2029 ($ million)
Data Table on Food and beverages - Market size and forecast 2024-2029 ($ million)
Chart on Food and beverages - Year-over-year growth 2024-2029 (%)
Data Table on Food and beverages - Year-over-year growth 2024-2029 (%)
10.8 Market opportunity by Application
Market opportunity by Application ($ million)
Data Table on Market opportunity by Application ($ million)
11 Customer Landscape
11.1 Customer landscape overview
Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
12 Geographic Landscape
12.1 Geographic segmentation
Chart on Market share By Geographical Landscape 2024-2029 (%)
Data Table on Market share By Geographical Landscape 2024-2029 (%)
12.2 Geographic comparison
Chart on Geographic comparison
Data Table on Geographic comparison
12.3 North America - Market size and forecast 2024-2029
Chart on North America - Market size and forecast 2024-2029 ($ million)
Data Table on North America - Market size and forecast 2024-2029 ($ million)
Chart on North America - Year-over-year growth 2024-2029 (%)
Data Table on North America - Year-over-year growth 2024-2029 (%)
12.4 Europe - Market size and forecast 2024-2029
Chart on Europe - Market size and forecast 2024-2029 ($ million)
Data Table on Europe - Market size and forecast 2024-2029 ($ million)
Chart on Europe - Year-over-year growth 2024-2029 (%)
Data Table on Europe - Year-over-year growth 2024-2029 (%)
12.5 APAC - Market size and forecast 2024-2029
Chart on APAC - Market size and forecast 2024-2029 ($ million)
Data Table on APAC - Market size and forecast 2024-2029 ($ million)
Chart on APAC - Year-over-year growth 2024-2029 (%)
Data Table on APAC - Year-over-year growth 2024-2029 (%)
12.6 South America - Market size and forecast 2024-2029
Chart on South America - Market size and forecast 2024-2029 ($ million)
Data Table on South America - Market size and forecast 2024-2029 ($ million)
Chart on South America - Year-over-year growth 2024-2029 (%)
Data Table on South America - Year-over-year growth 2024-2029 (%)
12.7 Middle East and Africa - Market size and forecast 2024-2029
Chart on Middle East and Africa - Market size and forecast 2024-2029 ($ million)
Data Table on Middle East and Africa - Market size and forecast 2024-2029 ($ million)
Chart on Middle East and Africa - Year-over-year growth 2024-2029 (%)
Data Table on Middle East and Africa - Year-over-year growth 2024-2029 (%)
12.8 US - Market size and forecast 2024-2029
Chart on US - Market size and forecast 2024-2029 ($ million)
Data Table on US - Market size and forecast 2024-2029 ($ million)
Chart on US - Year-over-year growth 2024-2029 (%)
Data Table on US - Year-over-year growth 2024-2029 (%)
12.9 China - Market size and forecast 2024-2029
Chart on China - Market size and forecast 2024-2029 ($ million)
Data Table on China - Market size and forecast 2024-2029 ($ million)
Chart on China - Year-over-year growth 2024-2029 (%)
Data Table on China - Year-over-year growth 2024-2029 (%)
12.10 Germany - Market size and forecast 2024-2029
Chart on Germany - Market size and forecast 2024-2029 ($ million)
Data Table on Germany - Market size and forecast 2024-2029 ($ million)
Chart on Germany - Year-over-year growth 2024-2029 (%)
Data Table on Germany - Year-over-year growth 2024-2029 (%)
12.11 Canada - Market size and forecast 2024-2029
Chart on Canada - Market size and forecast 2024-2029 ($ million)
Data Table on Canada - Market size and forecast 2024-2029 ($ million)
Chart on Canada - Year-over-year growth 2024-2029 (%)
Data Table on Canada - Year-over-year growth 2024-2029 (%)
12.12 UK - Market size and forecast 2024-2029
Chart on UK - Market size and forecast 2024-2029 ($ million)
Data Table on UK - Market size and forecast 2024-2029 ($ million)
Chart on UK - Year-over-year growth 2024-2029 (%)
Data Table on UK - Year-over-year growth 2024-2029 (%)
12.13 Japan - Market size and forecast 2024-2029
Chart on Japan - Market size and forecast 2024-2029 ($ million)
Data Table on Japan - Market size and forecast 2024-2029 ($ million)
Chart on Japan - Year-over-year growth 2024-2029 (%)
Data Table on Japan - Year-over-year growth 2024-2029 (%)
12.14 Brazil - Market size and forecast 2024-2029
Chart on Brazil - Market size and forecast 2024-2029 ($ million)
Data Table on Brazil - Market size and forecast 2024-2029 ($ million)
Chart on Brazil - Year-over-year growth 2024-2029 (%)
Data Table on Brazil - Year-over-year growth 2024-2029 (%)
12.15 France - Market size and forecast 2024-2029
Chart on France - Market size and forecast 2024-2029 ($ million)
Data Table on France - Market size and forecast 2024-2029 ($ million)
Chart on France - Year-over-year growth 2024-2029 (%)
Data Table on France - Year-over-year growth 2024-2029 (%)
12.16 India - Market size and forecast 2024-2029
Chart on India - Market size and forecast 2024-2029 ($ million)
Data Table on India - Market size and forecast 2024-2029 ($ million)
Chart on India - Year-over-year growth 2024-2029 (%)
Data Table on India - Year-over-year growth 2024-2029 (%)
12.17 Italy - Market size and forecast 2024-2029
Chart on Italy - Market size and forecast 2024-2029 ($ million)
Data Table on Italy - Market size and forecast 2024-2029 ($ million)
Chart on Italy - Year-over-year growth 2024-2029 (%)
Data Table on Italy - Year-over-year growth 2024-2029 (%)
12.18 Market opportunity By Geographical Landscape
Market opportunity By Geographical Landscape ($ million)
Data Tables on Market opportunity By Geographical Landscape ($ million)
13 Drivers, Challenges, and Opportunity/Restraints
13.1 Market drivers
13.2 Market challenges
13.3 Impact of drivers and challenges
Impact of drivers and challenges in 2024 and 2029
13.4 Market opportunities/restraints
14 Competitive Landscape
14.1 Overview
14.2 Competitive Landscape
Overview on criticality of inputs and factors of differentiation
14.3 Landscape disruption
Overview on factors of disruption
14.4 Industry risks
Impact of key risks on business
15 Competitive Analysis
15.1 Companies profiled
Companies covered
15.2 Company ranking index
Company ranking index
15.3 Market positioning of companies
Matrix on companies position and classification
15.4 BASF SE
BASF SE - Overview
BASF SE - Business segments
BASF SE - Key news
BASF SE - Key offerings
BASF SE - Segment focus
SWOT
15.5 Beijing Gingko Group
Beijing Gingko Group - Overview
Beijing Gingko Group - Product/Service
Beijing Gingko Group - Key news
Beijing Gingko Group - Key offerings
SWOT
15.6 Cardax Inc.
Cardax Inc. - Overview
Cardax Inc. - Product/Service
Cardax Inc. - Key offerings
SWOT
15.7 Cyanotech Corp.
Cyanotech Corp. - Overview
Cyanotech Corp. - Product/Service
Cyanotech Corp. - Key offerings
SWOT
15.8 Divis Laboratories Ltd.
Divis Laboratories Ltd. - Overview
Divis Laboratories Ltd. - Product/Service
Divis Laboratories Ltd. - Key offerings
SWOT
15.9 dsm-firmenich
dsm-firmenich - Overview
dsm-firmenich - Business segments
dsm-firmenich - Key news
dsm-firmenich - Key offerings
dsm-firmenich - Segment focus
SWOT
15.10 EID Parry India Ltd.
EID Parry India Ltd. - Overview
EID Parry India Ltd. - Business segments
EID Parry India Ltd. - Key offerings
EID Parry India Ltd. - Segment focus
SWOT
15.11 ENEOS Corp.
ENEOS Corp. - Overview
ENEOS Corp. - Business segments
ENEOS Corp. - Key news
ENEOS Corp. - Key offerings
ENEOS Corp. - Segment focus
SWOT
15.12 FENCHEM
FENCHEM - Overview
FENCHEM - Product/Service
FENCHEM - Key offerings
SWOT
15.13 Fuji Chemical Industries Co Ltd.
Fuji Chemical Industries Co Ltd. - Overview
Fuji Chemical Industries Co Ltd. - Product/Service
Fuji Chemical Industries Co Ltd. - Key offerings
SWOT
15.14 NOW Foods
NOW Foods - Overview
NOW Foods - Product/Service
NOW Foods - Key offerings
SWOT
15.15 Otsuka Pharmaceutical Co Ltd.
Otsuka Pharmaceutical Co Ltd. - Overview
Otsuka Pharmaceutical Co Ltd. - Product/Service
Otsuka Pharmaceutical Co Ltd. - Key offerings
SWOT
15.16 Piveg Inc.
Piveg Inc. - Overview
Piveg Inc. - Product/Service
Piveg Inc. - Key offerings
SWOT
15.17 Valensa International
Valensa International - Overview
Valensa International - Product/Service
Valensa International - Key offerings
SWOT
15.18 Zhejiang NHU Co. Ltd.
Zhejiang NHU Co. Ltd. - Overview
Zhejiang NHU Co. Ltd. - Key offerings
SWOT
16 Appendix
16.1 Scope of the report
16.2 Inclusions and exclusions checklist
Inclusions checklist
Exclusions checklist
16.3 Currency conversion rates for US$
Currency conversion rates for US$
16.4 Research methodology
Research methodology
16.5 Data procurement
Information sources
16.6 Data validation
Data validation
16.7 Validation techniques employed for market sizing
Validation techniques employed for market sizing
16.8 Data synthesis
Data synthesis
16.9 360 degree market analysis
360 degree market analysis
16.10 List of abbreviations
List of abbreviations
List of Exhibits
Exhibits 1: Executive Summary - Chart on Market Overview
Exhibits 2: Executive Summary - Data Table on Market Overview
Exhibits 3: Executive Summary - Chart on Global Market Characteristics
Exhibits 4: Executive Summary - Chart on Market By Geographical Landscape
Exhibits 5: Executive Summary - Chart on Market Segmentation by Source
Exhibits 6: Executive Summary - Chart on Market Segmentation by Type
Exhibits 7: Executive Summary - Chart on Market Segmentation by Application
Exhibits 8: Executive Summary - Chart on Incremental Growth
Exhibits 9: Executive Summary - Data Table on Incremental Growth
Exhibits 10: Executive Summary - Chart on Company Market Positioning
Exhibits 11: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibits 12: Overview on criticality of inputs and factors of differentiation
Exhibits 13: Overview on factors of disruption
Exhibits 14: Impact of drivers and challenges in 2024 and 2029
Exhibits 15: Parent Market
Exhibits 16: Data Table on - Parent Market
Exhibits 17: Market characteristics analysis
Exhibits 18: Value chain analysis
Exhibits 19: Offerings of companies included in the market definition
Exhibits 20: Market segments
Exhibits 21: Chart on Global - Market size and forecast 2024-2029 ($ million)
Exhibits 22: Data Table on Global - Market size and forecast 2024-2029 ($ million)
Exhibits 23: Chart on Global Market: Year-over-year growth 2024-2029 (%)
Exhibits 24: Data Table on Global Market: Year-over-year growth 2024-2029 (%)
Exhibits 25: Historic Market Size - Data Table on Global Astaxanthin Market 2019 - 2023 ($ million)
Exhibits 26: Historic Market Size - Source Segment 2019 - 2023 ($ million)
Exhibits 27: Historic Market Size - Type Segment 2019 - 2023 ($ million)
Exhibits 28: Historic Market Size - Application Segment 2019 - 2023 ($ million)
Exhibits 29: Historic Market Size - Geography Segment 2019 - 2023 ($ million)
Exhibits 30: Historic Market Size - Country Segment 2019 - 2023 ($ million)
Exhibits 31: Five forces analysis - Comparison between 2024 and 2029
Exhibits 32: Bargaining power of buyers - Impact of key factors 2024 and 2029
Exhibits 33: Bargaining power of suppliers - Impact of key factors in 2024 and 2029
Exhibits 34: Threat of new entrants - Impact of key factors in 2024 and 2029
Exhibits 35: Threat of substitutes - Impact of key factors in 2024 and 2029
Exhibits 36: Threat of rivalry - Impact of key factors in 2024 and 2029
Exhibits 37: Chart on Market condition - Five forces 2024 and 2029
Exhibits 38: Chart on Source - Market share 2024-2029 (%)
Exhibits 39: Data Table on Source - Market share 2024-2029 (%)
Exhibits 40: Chart on Comparison by Source
Exhibits 41: Data Table on Comparison by Source
Exhibits 42: Chart on Natural - Market size and forecast 2024-2029 ($ million)
Exhibits 43: Data Table on Natural - Market size and forecast 2024-2029 ($ million)
Exhibits 44: Chart on Natural - Year-over-year growth 2024-2029 (%)
Exhibits 45: Data Table on Natural - Year-over-year growth 2024-2029 (%)
Exhibits 46: Chart on Synthetic - Market size and forecast 2024-2029 ($ million)
Exhibits 47: Data Table on Synthetic - Market size and forecast 2024-2029 ($ million)
Exhibits 48: Chart on Synthetic - Year-over-year growth 2024-2029 (%)
Exhibits 49: Data Table on Synthetic - Year-over-year growth 2024-2029 (%)
Exhibits 50: Market opportunity by Source ($ million)
Exhibits 51: Data Table on Market opportunity by Source ($ million)
Exhibits 52: Chart on Type - Market share 2024-2029 (%)
Exhibits 53: Data Table on Type - Market share 2024-2029 (%)
Exhibits 54: Chart on Comparison by Type
Exhibits 55: Data Table on Comparison by Type
Exhibits 56: Chart on Dry - Market size and forecast 2024-2029 ($ million)
Exhibits 57: Data Table on Dry - Market size and forecast 2024-2029 ($ million)
Exhibits 58: Chart on Dry - Year-over-year growth 2024-2029 (%)
Exhibits 59: Data Table on Dry - Year-over-year growth 2024-2029 (%)
Exhibits 60: Chart on Liquid - Market size and forecast 2024-2029 ($ million)
Exhibits 61: Data Table on Liquid - Market size and forecast 2024-2029 ($ million)
Exhibits 62: Chart on Liquid - Year-over-year growth 2024-2029 (%)
Exhibits 63: Data Table on Liquid - Year-over-year growth 2024-2029 (%)
Exhibits 64: Market opportunity by Type ($ million)
Exhibits 65: Data Table on Market opportunity by Type ($ million)
Exhibits 66: Chart on Application - Market share 2024-2029 (%)
Exhibits 67: Data Table on Application - Market share 2024-2029 (%)
Exhibits 68: Chart on Comparison by Application
Exhibits 69: Data Table on Comparison by Application
Exhibits 70: Chart on Dietary supplements - Market size and forecast 2024-2029 ($ million)
Exhibits 71: Data Table on Dietary supplements - Market size and forecast 2024-2029 ($ million)
Exhibits 72: Chart on Dietary supplements - Year-over-year growth 2024-2029 (%)
Exhibits 73: Data Table on Dietary supplements - Year-over-year growth 2024-2029 (%)
Exhibits 74: Chart on Animal feed - Market size and forecast 2024-2029 ($ million)
Exhibits 75: Data Table on Animal feed - Market size and forecast 2024-2029 ($ million)
Exhibits 76: Chart on Animal feed - Year-over-year growth 2024-2029 (%)
Exhibits 77: Data Table on Animal feed - Year-over-year growth 2024-2029 (%)
Exhibits 78: Chart on Cosmetics - Market size and forecast 2024-2029 ($ million)
Exhibits 79: Data Table on Cosmetics - Market size and forecast 2024-2029 ($ million)
Exhibits 80: Chart on Cosmetics - Year-over-year growth 2024-2029 (%)
Exhibits 81: Data Table on Cosmetics - Year-over-year growth 2024-2029 (%)
Exhibits 82: Chart on Pharmaceuticals - Market size and forecast 2024-2029 ($ million)
Exhibits 83: Data Table on Pharmaceuticals - Market size and forecast 2024-2029 ($ million)
Exhibits 84: Chart on Pharmaceuticals - Year-over-year growth 2024-2029 (%)
Exhibits 85: Data Table on Pharmaceuticals - Year-over-year growth 2024-2029 (%)
Exhibits 86: Chart on Food and beverages - Market size and forecast 2024-2029 ($ million)
Exhibits 87: Data Table on Food and beverages - Market size and forecast 2024-2029 ($ million)
Exhibits 88: Chart on Food and beverages - Year-over-year growth 2024-2029 (%)
Exhibits 89: Data Table on Food and beverages - Year-over-year growth 2024-2029 (%)
Exhibits 90: Market opportunity by Application ($ million)
Exhibits 91: Data Table on Market opportunity by Application ($ million)
Exhibits 92: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibits 93: Chart on Market share By Geographical Landscape 2024-2029 (%)
Exhibits 94: Data Table on Market share By Geographical Landscape 2024-2029 (%)
Exhibits 95: Chart on Geographic comparison
Exhibits 96: Data Table on Geographic comparison
Exhibits 97: Chart on North America - Market size and forecast 2024-2029 ($ million)
Exhibits 98: Data Table on North America - Market size and forecast 2024-2029 ($ million)
Exhibits 99: Chart on North America - Year-over-year growth 2024-2029 (%)
Exhibits 100: Data Table on North America - Year-over-year growth 2024-2029 (%)
Exhibits 101: Chart on Europe - Market size and forecast 2024-2029 ($ million)
Exhibits 102: Data Table on Europe - Market size and forecast 2024-2029 ($ million)
Exhibits 103: Chart on Europe - Year-over-year growth 2024-2029 (%)
Exhibits 104: Data Table on Europe - Year-over-year growth 2024-2029 (%)
Exhibits 105: Chart on APAC - Market size and forecast 2024-2029 ($ million)
Exhibits 106: Data Table on APAC - Market size and forecast 2024-2029 ($ million)
Exhibits 107: Chart on APAC - Year-over-year growth 2024-2029 (%)
Exhibits 108: Data Table on APAC - Year-over-year growth 2024-2029 (%)
Exhibits 109: Chart on South America - Market size and forecast 2024-2029 ($ million)
Exhibits 110: Data Table on South America - Market size and forecast 2024-2029 ($ million)
Exhibits 111: Chart on South America - Year-over-year growth 2024-2029 (%)
Exhibits 112: Data Table on South America - Year-over-year growth 2024-2029 (%)
Exhibits 113: Chart on Middle East and Africa - Market size and forecast 2024-2029 ($ million)
Exhibits 114: Data Table on Middle East and Africa - Market size and forecast 2024-2029 ($ million)
Exhibits 115: Chart on Middle East and Africa - Year-over-year growth 2024-2029 (%)
Exhibits 116: Data Table on Middle East and Africa - Year-over-year growth 2024-2029 (%)
Exhibits 117: Chart on US - Market size and forecast 2024-2029 ($ million)
Exhibits 118: Data Table on US - Market size and forecast 2024-2029 ($ million)
Exhibits 119: Chart on US - Year-over-year growth 2024-2029 (%)
Exhibits 120: Data Table on US - Year-over-year growth 2024-2029 (%)
Exhibits 121: Chart on China - Market size and forecast 2024-2029 ($ million)
Exhibits 122: Data Table on China - Market size and forecast 2024-2029 ($ million)
Exhibits 123: Chart on China - Year-over-year growth 2024-2029 (%)
Exhibits 124: Data Table on China - Year-over-year growth 2024-2029 (%)
Exhibits 125: Chart on Germany - Market size and forecast 2024-2029 ($ million)
Exhibits 126: Data Table on Germany - Market size and forecast 2024-2029 ($ million)
Exhibits 127: Chart on Germany - Year-over-year growth 2024-2029 (%)
Exhibits 128: Data Table on Germany - Year-over-year growth 2024-2029 (%)
Exhibits 129: Chart on Canada - Market size and forecast 2024-2029 ($ million)
Exhibits 130: Data Table on Canada - Market size and forecast 2024-2029 ($ million)
Exhibits 131: Chart on Canada - Year-over-year growth 2024-2029 (%)
Exhibits 132: Data Table on Canada - Year-over-year growth 2024-2029 (%)
Exhibits 133: Chart on UK - Market size and forecast 2024-2029 ($ million)
Exhibits 134: Data Table on UK - Market size and forecast 2024-2029 ($ million)
Exhibits 135: Chart on UK - Year-over-year growth 2024-2029 (%)
Exhibits 136: Data Table on UK - Year-over-year growth 2024-2029 (%)
Exhibits 137: Chart on Japan - Market size and forecast 2024-2029 ($ million)
Exhibits 138: Data Table on Japan - Market size and forecast 2024-2029 ($ million)
Exhibits 139: Chart on Japan - Year-over-year growth 2024-2029 (%)
Exhibits 140: Data Table on Japan - Year-over-year growth 2024-2029 (%)
Exhibits 141: Chart on Brazil - Market size and forecast 2024-2029 ($ million)
Exhibits 142: Data Table on Brazil - Market size and forecast 2024-2029 ($ million)
Exhibits 143: Chart on Brazil - Year-over-year growth 2024-2029 (%)
Exhibits 144: Data Table on Brazil - Year-over-year growth 2024-2029 (%)
Exhibits 145: Chart on France - Market size and forecast 2024-2029 ($ million)
Exhibits 146: Data Table on France - Market size and forecast 2024-2029 ($ million)
Exhibits 147: Chart on France - Year-over-year growth 2024-2029 (%)
Exhibits 148: Data Table on France - Year-over-year growth 2024-2029 (%)
Exhibits 149: Chart on India - Market size and forecast 2024-2029 ($ million)
Exhibits 150: Data Table on India - Market size and forecast 2024-2029 ($ million)
Exhibits 151: Chart on India - Year-over-year growth 2024-2029 (%)
Exhibits 152: Data Table on India - Year-over-year growth 2024-2029 (%)
Exhibits 153: Chart on Italy - Market size and forecast 2024-2029 ($ million)
Exhibits 154: Data Table on Italy - Market size and forecast 2024-2029 ($ million)
Exhibits 155: Chart on Italy - Year-over-year growth 2024-2029 (%)
Exhibits 156: Data Table on Italy - Year-over-year growth 2024-2029 (%)
Exhibits 157: Market opportunity By Geographical Landscape ($ million)
Exhibits 158: Data Tables on Market opportunity By Geographical Landscape ($ million)
Exhibits 159: Impact of drivers and challenges in 2024 and 2029
Exhibits 160: Overview on criticality of inputs and factors of differentiation
Exhibits 161: Overview on factors of disruption
Exhibits 162: Impact of key risks on business
Exhibits 163: Companies covered
Exhibits 164: Company ranking index
Exhibits 165: Matrix on companies position and classification
Exhibits 166: BASF SE - Overview
Exhibits 167: BASF SE - Business segments
Exhibits 168: BASF SE - Key news
Exhibits 169: BASF SE - Key offerings
Exhibits 170: BASF SE - Segment focus
Exhibits 171: SWOT
Exhibits 172: Beijing Gingko Group - Overview
Exhibits 173: Beijing Gingko Group - Product/Service
Exhibits 174: Beijing Gingko Group - Key news
Exhibits 175: Beijing Gingko Group - Key offerings
Exhibits 176: SWOT
Exhibits 177: Cardax Inc. - Overview
Exhibits 178: Cardax Inc. - Product/Service
Exhibits 179: Cardax Inc. - Key offerings
Exhibits 180: SWOT
Exhibits 181: Cyanotech Corp. - Overview
Exhibits 182: Cyanotech Corp. - Product/Service
Exhibits 183: Cyanotech Corp. - Key offerings
Exhibits 184: SWOT
Exhibits 185: Divis Laboratories Ltd. - Overview
Exhibits 186: Divis Laboratories Ltd. - Product/Service
Exhibits 187: Divis Laboratories Ltd. - Key offerings
Exhibits 188: SWOT
Exhibits 189: dsm-firmenich - Overview
Exhibits 190: dsm-firmenich - Business segments
Exhibits 191: dsm-firmenich - Key news
Exhibits 192: dsm-firmenich - Key offerings
Exhibits 193: dsm-firmenich - Segment focus
Exhibits 194: SWOT
Exhibits 195: EID Parry India Ltd. - Overview
Exhibits 196: EID Parry India Ltd. - Business segments
Exhibits 197: EID Parry India Ltd. - Key offerings
Exhibits 198: EID Parry India Ltd. - Segment focus
Exhibits 199: SWOT
Exhibits 200: ENEOS Corp. - Overview
Exhibits 201: ENEOS Corp. - Business segments
Exhibits 202: ENEOS Corp. - Key news
Exhibits 203: ENEOS Corp. - Key offerings
Exhibits 204: ENEOS Corp. - Segment focus
Exhibits 205: SWOT
Exhibits 206: FENCHEM - Overview
Exhibits 207: FENCHEM - Product/Service
Exhibits 208: FENCHEM - Key offerings
Exhibits 209: SWOT
Exhibits 210: Fuji Chemical Industries Co Ltd. - Overview
Exhibits 211: Fuji Chemical Industries Co Ltd. - Product/Service
Exhibits 212: Fuji Chemical Industries Co Ltd. - Key offerings
Exhibits 213: SWOT
Exhibits 214: NOW Foods - Overview
Exhibits 215: NOW Foods - Product/Service
Exhibits 216: NOW Foods - Key offerings
Exhibits 217: SWOT
Exhibits 218: Otsuka Pharmaceutical Co Ltd. - Overview
Exhibits 219: Otsuka Pharmaceutical Co Ltd. - Product/Service
Exhibits 220: Otsuka Pharmaceutical Co Ltd. - Key offerings
Exhibits 221: SWOT
Exhibits 222: Piveg Inc. - Overview
Exhibits 223: Piveg Inc. - Product/Service
Exhibits 224: Piveg Inc. - Key offerings
Exhibits 225: SWOT
Exhibits 226: Valensa International - Overview
Exhibits 227: Valensa International - Product/Service
Exhibits 228: Valensa International - Key offerings
Exhibits 229: SWOT
Exhibits 230: Zhejiang NHU Co. Ltd. - Overview
Exhibits 231: Zhejiang NHU Co. Ltd. - Key offerings
Exhibits 232: SWOT
Exhibits 233: Inclusions checklist
Exhibits 234: Exclusions checklist
Exhibits 235: Currency conversion rates for US$
Exhibits 236: Research methodology
Exhibits 237: Information sources
Exhibits 238: Data validation
Exhibits 239: Validation techniques employed for market sizing
Exhibits 240: Data synthesis
Exhibits 241: 360 degree market analysis
Exhibits 242: List of abbreviations

Executive Summary

The following companies are recognized as the key players in the global astaxanthin market: ALGAMO, Algatech Ltd., AstaMAZ NZ Ltd., Atacama Bio Natural Products SA, BASF SE, Beijing Gingko Group, Biogenic Co Ltd., Cardax Inc., Cyanotech Corp., Divis Laboratories Ltd., dsm-firmenich, EID Parry India Ltd., ENEOS Corp., FENCHEM, Fuji Chemical Industries Co Ltd., NOW Foods, Otsuka Pharmaceutical Co Ltd., Piveg Inc., Valensa International, and Zhejiang NHU Co. Ltd..

Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is increasing natural and sustainable sourcing of astaxanthin."

According to the report, one of the major drivers for this market is the increasing health and wellness awareness.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • ALGAMO
  • Algatech Ltd.
  • AstaMAZ NZ Ltd.
  • Atacama Bio Natural Products SA
  • BASF SE
  • Beijing Gingko Group
  • Biogenic Co Ltd.
  • Cardax Inc.
  • Cyanotech Corp.
  • Divis Laboratories Ltd.
  • dsm-firmenich
  • EID Parry India Ltd.
  • ENEOS Corp.
  • FENCHEM
  • Fuji Chemical Industries Co Ltd.
  • NOW Foods
  • Otsuka Pharmaceutical Co Ltd.
  • Piveg Inc.
  • Valensa International
  • Zhejiang NHU Co. Ltd.