1h Free Analyst Time
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.Speak directly to the analyst to clarify any post sales queries you may have.
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
The report on the astaxanthin market covers the following areas:
- Astaxanthin Market sizing
- Astaxanthin Market forecast
- Astaxanthin Market industry analysis
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
2 Market Analysis
3 Market Landscape
4 Market Sizing
5 Historic Market Size
6 Qualitative Analysis
7 Five Forces Analysis
8 Market Segmentation by Source
9 Market Segmentation by Type
10 Market Segmentation by Application
11 Customer Landscape
12 Geographic Landscape
13 Drivers, Challenges, and Opportunity/Restraints
14 Competitive Landscape
15 Competitive Analysis
16 Appendix
List of Exhibits
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.