Global Astaxanthin Market Insights, Opportunity Analysis, Market Shares and Forecast, 2017 - 2023

  • ID: 4369750
  • Report
  • Region: Global
  • 190 pages
  • Occams Business Research and Consulting
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The Global Astaxanthin Market is Expected to Grow With the CAGR of Approximately 7.1% During 2016-2023.

FEATURED COMPANIES

  • Algatechnologies (Israel)
  • Astareal, Inc. (U.S.)
  • Basf Se (Germany)
  • Cardax, Inc. (U.S.)
  • Phasex Corporation (U.S.)
  • Piveg, Inc. (U.S.)
  • MORE
The global Astaxanthin market is expected to grow with the CAGR of approximately 7.1% during the forecast period (2016-2023). Increasing demand for nutraceuticals due to increasing health awareness is likely to boost astaxanthin market across the globe. Nutraceuticals is anticipated to be the major application segment for astaxanthin market. Astaxanthin is considered as a potential anti-oxidant as compared to lutein, beta carotene and lycopne. It is effective for neutralizing free radical as well as proves to be beneficial for human body. Astaxanthin offers health benefits such as boost immune system prevent and treat cardiovascular disease etc. The use of Astaxanthin also supports in developing human stamina and recovery form wounds, decreasing joint and muscle pain. The factors that are primarily boosting the market growth are increasing consumer shift towards carotenoids, increasing prevalence of cardiovascular diseases, FDA approvals for astaxanthin and increasing demand for cosmetics and personal care products. Growing demand for skin care and anti-aging products is estimated to boost the demand for astaxanthin in cosmetic segment in the forecast period.

In addition, other factors such as increasing consumer safety concerns and regulatory policies for the use of synthetic chemicals are also expected to fuel the astaxanthin market. However, certain factors such as serious concerns associated with astaxanthin due to high dosage consumption and high cost of production are restricting the growth of astaxanthin market. The market is expected to witness good opportunity due to increasing awareness regarding nutraceuticals in developing countries and increasing government support to aquaculture industry. Geographically, North America is leading the astaxanthin market due to increasing personal care & cosmetics industry as well as increasing health awareness associated with carotenoids is supporting to drive the demand for astaxanthin in the region. Europe has also witnessed potential growth due to high demand for carotenoids in the region. Asia Pacific is expected to be the fastest growing region due to increasing aquaculture industry and increasing prevalence of cardiovascular diseases in the region. The presence of major companies such as BASF SE (Germany), The Archer Daniels Midland Company (U.S.), Koninklinjke DSM N.V. (Netherland), Phasex Corporation (U.S.), Algatechnologies (Israel) etc. is expected to create opportunity for expanding applications of astaxanthin.

The global astaxanthin market is segmented on the basis of application, source, form and method of production. The application segment is further classified into supplements, food, feed and cosmetics. The source segment is further segmented into natural source and synthetic source. The form is further classified into dry form and liquid form. The method of production is further classified into chemical synthesis, microalgae cultivation, fermentation and extraction.

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FEATURED COMPANIES

  • Algatechnologies (Israel)
  • Astareal, Inc. (U.S.)
  • Basf Se (Germany)
  • Cardax, Inc. (U.S.)
  • Phasex Corporation (U.S.)
  • Piveg, Inc. (U.S.)
  • MORE
1. Introduction
1.1. Executive Summary
1.2. Estimation Methodology

2. Market Overview
2.1. Global Astaxanthin Market: Evolution & Transition
2.2. Market Definition & Scope
2.3. Industry Structure
2.4. Regulatory Framework
2.5. Total Market Analysis
2.5.1. Top 5 Findings
2.5.2. Top 5 Opportunity Markets
2.5.3. Top 5 Companies
2.5.4. Top 3 Competitive Strategies
2.6. Estimation Analysis
2.7. Strategic Analysis
2.7.1. Investment Vs. Adoption Model
2.7.2. 360 Degree Industry Analysis
2.7.3. Porters 5 Force Model
2.7.4. See-Saw Analysis
2.7.5. Consumer Analysis And Key Buying Criteria
2.8. Competitive Analysis
2.8.1. Key Strategies & Analysis
2.8.2. Market Share Analysis & Top Company Analysis
2.9. Strategic Recommendations & Key Conclusions
2.9.1. Investment Opportunities By Regions
2.9.2. Opportunities in Emerging Applications
2.9.3. Investment Opportunity in Fastest Growing Segment

3. Market Determinants
3.1. Market Drivers
3.1.1. Increasing Consumer Shift Towards Carotenoids
3.1.2. Increasing Prevalence of Cardiovascular Diseases
3.1.3. Fda Approvals for Astaxanthin
3.1.4. Increasing Demand for Cosmetics & Personal Care Products
3.2. Market Restraints
3.2.1. High Dosage May Lead to Serious Health Concerns
3.2.2. High Cost of Production
3.3. Market Opportunities
3.3.1. Increasing Awareness Regarding Nutraceuticals in Developing Countries
3.3.2. Increasing Government Support to Aquaculture Industry
3.4. Market Challenges
3.4.1. Low Availability of Raw Material

4. Market Segmentation
4.1. Global Astaxanthin Market By Application
4.1.1. Market Definition And Scope
4.1.2. Decision Support Database & Estimation Methodology
4.1.3. Comparative Analysis Across Market Segments
4.1.4. Opportunity Matrix
4.1.5. Market Segmentation
4.1.5.1. Global Astaxanthin Market in Supplements
4.1.5.1.1. Adoption Scenario & Market Determinants
4.1.5.1.2. Market Estimations And Forecasts 2014-2023 ($ Million)
4.1.5.1.3. Top Players & Key Products
4.1.5.1.4. Key Conclusions
4.1.5.2. Global Astaxanthin Market in Food
4.1.5.2.1. Adoption Scenario & Market Determinants
4.1.5.2.2. Market Estimations And Forecasts 2014-2023 ($ Million)
4.1.5.2.3. Top Players & Key Products
4.1.5.2.4. Key Conclusions
4.1.5.3. Global Astaxanthin Market in Feed
4.1.5.3.1. Adoption Scenario & Market Determinants
4.1.5.3.2. Market Estimations And Forecasts 2014-2023 ($ Million)
4.1.5.3.3. Top Players & Key Products
4.1.5.3.4. Key Conclusions
4.1.5.4. Global Astaxanthin Market in Cosmetics
4.1.5.4.1. Adoption Scenario & Market Determinants
4.1.5.4.2. Market Estimations And Forecasts 2014-2023 ($ Million)
4.1.5.4.3. Top Players & Key Products
4.1.5.4.4. Key Conclusions
4.2. Global Astaxanthin Market By Source
4.2.1. Market Definition And Scope
4.2.2. Decision Support Database & Estimation Methodology
4.2.3. Comparative Analysis Across Market Segments
4.2.4. Opportunity Matrix
4.2.5. Market Segmentation
4.2.5.1. Global Astaxanthin Natural Source Market
4.2.5.1.1. Application
4.2.5.1.2. Adoption Scenario & Market Determinants
4.2.5.1.3. Market Estimations And Forecasts 2014-2023 ($ Million)
4.2.5.1.4. Top Players & Key Products
4.2.5.1.5. Key Conclusions
4.2.5.1.6. Sub-Segments
4.2.5.1.6.1. Yeast & Microbes
4.2.5.1.6.2. Plants
4.2.5.1.6.3. Marine
4.2.5.2. Global Astaxanthin Synthetic Source Market
4.2.5.2.1. Application
4.2.5.2.2. Adoption Scenario & Market Determinants
4.2.5.2.3. Market Estimations And Forecasts 2014-2023 ($ Million)
4.2.5.2.4. Top Players & Key Products
4.2.5.2.5. Key Conclusions
4.3. Global Astaxanthin Market By Form
4.3.1. Market Definition And Scope
4.3.2. Decision Support Database & Estimation Methodology
4.3.3. Comparative Analysis Across Market Segments
4.3.4. Opportunity Matrix
4.3.5. Market Segmentation
4.3.5.1. Global Dry Form Astaxanthin Market
4.3.5.1.1. Application
4.3.5.1.2. Adoption Scenario & Market Determinants
4.3.5.1.3. Market Estimations And Forecasts 2014-2023 ($ Million)
4.3.5.1.4. Top Players & Key Products
4.3.5.1.5. Key Conclusions
4.3.5.2. Global Liquid Form Astaxanthin Market
4.3.5.2.1. Application
4.3.5.2.2. Adoption Scenario & Market Determinants
4.3.5.2.3. Market Estimations And Forecasts 2014-2023 ($ Million)
4.3.5.2.4. Top Players & Key Products
4.3.5.2.5. Key Conclusions
4.4. Global Astaxanthin Market By Method of Production
4.4.1. Market Definition And Scope
4.4.2. Decision Support Database & Estimation Methodology
4.4.3. Comparative Analysis Across Market Segments
4.4.4. Opportunity Matrix
4.4.5. Market Segmentation
4.4.5.1. Global Chemical Synthesis Astaxanthin Market
4.4.5.1.1. Application
4.4.5.1.2. Adoption Scenario & Market Determinants
4.4.5.1.3. Market Estimations And Forecasts 2014-2023 ($ Million)
4.4.5.1.4. Top Players & Key Products
4.4.5.1.5. Key Conclusions
4.4.5.2. Global Microalgae Cultivation Astaxanthin Market
4.4.5.2.1. Application
4.4.5.2.2. Adoption Scenario & Market Determinants
4.4.5.2.3. Market Estimations And Forecasts 2014-2023 ($ Million)
4.4.5.2.4. Top Players & Key Products
4.4.5.2.5. Key Conclusions
4.4.5.3. Global Fermentation Astaxanthin Market
4.4.5.3.1. Application
4.4.5.3.2. Adoption Scenario & Market Determinants
4.4.5.3.3. Market Estimations And Forecasts 2014-2023 ($ Million)
4.4.5.3.4. Top Players & Key Products
4.4.5.3.5. Key Conclusions
4.4.5.4. Global Extraction Astaxanthin Market
4.4.5.4.1. Application
4.4.5.4.2. Adoption Scenario & Market Determinants
4.4.5.4.3. Market Estimations And Forecasts 2014-2023 ($ Million)
4.4.5.4.4. Top Players & Key Products
4.4.5.4.5. Key Conclusions

5. Competitive Landscape
5.1. Key Strategies
5.1.1. List of Mergers & Acquisitions
5.1.2. List of Joint Ventures
5.1.3. List of Product Launches
5.1.4. List of Partnerships

6. Geographical Analysis
6.1. Decision Support Database & Estimation Methodology
6.2. Comparative Analysis Across Market Segments
6.3. Opportunity Matrix
6.4. Global Astaxanthin Market By Region 2014-2023 ($ Million)
6.4.1. North America
6.4.1.1. Industry Analysis 2014-2023 ($ Million)
6.4.1.2. Top Country Analysis
6.4.1.2.1. U.S.
6.4.1.2.1.1. Market Estimations And Forecasts 2014-2023 ($ Million)
6.4.1.2.1.2. Top Players & Key Products
6.4.1.2.1.3. Key Conclusions
6.4.1.2.2. Canada
6.4.1.2.2.1. Market Estimations And Forecasts 2014-2023 ($ Million)
6.4.1.2.2.2. Top Players & Key Products
6.4.1.2.2.3. Key Conclusions
6.4.2. Europe
6.4.2.1. Industry Analysis 2014-2023 ($ Million)
6.4.2.2. Top Country Analysis
6.4.2.2.1. Uk
6.4.2.2.1.1. Market Estimations And Forecasts 2014-2023 ($ Million)
6.4.2.2.1.2. Top Players & Key Products
6.4.2.2.1.3. Key Conclusions
6.4.2.2.2. France
6.4.2.2.2.1. Market Estimations And Forecasts 2014-2023 ($ Million)
6.4.2.2.2.2. Top Players & Key Products
6.4.2.2.2.3. Key Conclusions
6.4.2.2.3. Germany
6.4.2.2.3.1. Market Estimations And Forecasts 2014-2023 ($ Million)
6.4.2.2.3.2. Top Players & Key Products
6.4.2.2.3.3. Key Conclusions
6.4.2.2.4. Spain
6.4.2.2.4.1. Market Estimations And Forecasts 2014-2023 ($ Million)
6.4.2.2.4.2. Top Players & Key Products
6.4.2.2.4.3. Key Conclusions
6.4.2.2.5. Rest of Europe
6.4.2.2.5.1. Market Estimations And Forecasts 2014-2023 ($ Million)
6.4.2.2.5.2. Top Players & Key Products
6.4.2.2.5.3. Key Conclusions
6.4.3. Asia Pacific
6.4.3.1. Industry Analysis 2014-2023 ($ Million)
6.4.3.2. Top Country Analysis
6.4.3.2.1. China
6.4.3.2.1.1. Market Estimations And Forecasts 2014-2023 ($ Million)
6.4.3.2.1.2. Top Players & Key Products
6.4.3.2.1.3. Key Conclusions
6.4.3.2.2. India
6.4.3.2.2.1. Market Estimations And Forecasts 2014-2023 ($ Million)
6.4.3.2.2.2. Top Players & Key Products
6.4.3.2.2.3. Key Conclusions
6.4.3.2.3. Japan
6.4.3.2.3.1. Market Estimations And Forecasts 2014-2023 ($ Million)
6.4.3.2.3.2. Top Players & Key Products
6.4.3.2.3.3. Key Conclusions
6.4.3.2.4. Australia
6.4.3.2.4.1. Market Estimations And Forecasts 2014-2023 ($ Million)
6.4.3.2.4.2. Top Players & Key Products
6.4.3.2.4.3. Key Conclusions
6.4.3.2.5. Rest of Asia Pacific
6.4.3.2.5.1. Market Estimations And Forecasts 2014-2023 ($ Million)
6.4.3.2.5.2. Top Players & Key Products
6.4.3.2.5.3. Key Conclusions
6.4.4. Row
6.4.4.1. Industry Analysis 2014-2023 ($ Million)
6.4.4.2. Top Country Analysis
6.4.4.2.1. Latin America
6.4.4.2.1.1. Market Estimations And Forecasts 2014-2023 ($ Million)
6.4.4.2.1.2. Top Players & Key Products
6.4.4.2.1.3. Key Conclusions
6.4.4.2.2. Middle East & Africa
6.4.4.2.2.1. Market Estimations And Forecasts 2014-2023 ($ Million)
6.4.4.2.2.2. Top Players & Key Products
6.4.4.2.2.3. Key Conclusions

7. Company Profiles
7.1. Algatechnologies (Israel)
7.1.1. Overview
7.1.2. Product Portfolio
7.1.3. Key Innovation Sector
7.1.4. Strategic Initiatives
7.1.5. Scot Analysis
7.1.6. Strategic Analysis
7.2. Astareal, Inc. (U.S.)
7.2.1. Overview
7.2.2. Product Portfolio
7.2.3. Key Innovation Sector
7.2.4. Strategic Initiatives
7.2.5. Scot Analysis
7.2.6. Strategic Analysis
7.3. Basf Se (Germany)
7.3.1. Overview
7.3.2. Product Portfolio
7.3.3. Key Innovation Sector
7.3.4. Strategic Initiatives
7.3.5. Scot Analysis
7.3.6. Strategic Analysis
7.4. Beijing Ginko Group (U.S.)
7.4.1. Overview
7.4.2. Product Portfolio
7.4.3. Key Innovation Sector
7.4.4. Strategic Initiatives
7.4.5. Scot Analysis
7.4.6. Strategic Analysis
7.5. Cardax, Inc. (U.S.)
7.5.1. Overview
7.5.2. Product Portfolio
7.5.3. Key Innovation Sector
7.5.4. Strategic Initiatives
7.5.5. Scot Analysis
7.6. Cyanotech Corporation (U.S.)
7.6.1. Overview
7.6.2. Product Portfolio
7.6.3. Key Innovation Sector
7.6.4. Strategic Initiatives
7.6.5. Scot Analysis
7.6.6. Strategic Analysis
7.7. Divis Laboratories Ltd. (India)
7.7.1. Overview
7.7.2. Product Portfolio
7.7.3. Key Innovation Sector
7.7.4. Strategic Initiatives
7.7.5. Scot Analysis
7.7.6. Strategic Analysis
7.8. Igene Biotechnology, Inc. (U.S.)
7.8.1. Overview
7.8.2. Product Portfolio
7.8.3. Key Innovation Sector
7.8.4. Strategic Initiatives
7.8.5. Scot Analysis
7.8.6. Strategic Analysis
7.9. Koninklinjke Dsm N.V. (Netherland)
7.9.1. Overview
7.9.2. Product Portfolio
7.9.3. Key Innovation Sector
7.9.4. Strategic Initiatives
7.9.5. Scot Analysis
7.9.6. Strategic Analysis
7.10. Otsuka Pharmaceutical Co., Ltd. (Japan)
7.10.1. Overview
7.10.2. Product Portfolio
7.10.3. Key Innovation Sector
7.10.4. Strategic Initiatives
7.10.5. Scot Analysis
7.10.6. Strategic Analysis
7.11. Phasex Corporation (U.S.)
7.11.1. Overview
7.11.2. Product Portfolio
7.11.3. Key Innovation Sector
7.11.4. Strategic Initiatives
7.11.5. Scot Analysis
7.11.6. Strategic Analysis
7.12. Piveg, Inc. (U.S.)
7.12.1. Overview
7.12.2. Product Portfolio
7.12.3. Key Innovation Sector
7.12.4. Strategic Initiatives
7.12.5. Scot Analysis
7.12.6. Strategic Analysis
7.13. Spec-Chem Industry, Inc. (China)
7.13.1. Overview
7.13.2. Product Portfolio
7.13.3. Key Innovation Sector
7.13.4. Strategic Initiatives
7.13.5. Scot Analysis
7.13.6. Strategic Analysis
7.14. the Archer Daniels Midland Company (U.S.)
7.14.1. Overview
7.14.2. Product Portfolio
7.14.3. Key Innovation Sector
7.14.4. Strategic Initiatives
7.14.5. Scot Analysis
7.14.6. Strategic Analysis
7.15. Valensa International (U.S.)
7.15.1. Overview
7.15.2. Product Portfolio
7.15.3. Key Innovation Sector
7.15.4. Strategic Initiatives
7.15.5. Scot Analysis
7.15.6. Strategic Analysis
List of Tables
1. Global Astaxanthin Market By Application 2014-2023 ($ Million)
2. Global Astaxanthin Market in Supplements By Geography 2014-2023 ($ Million)
3. Global Astaxanthin Market in Food By Geography 2014-2023 ($ Million)
4. Global Astaxanthin Market in Feed By Geography 2014-2023 ($ Million)
5. Global Astaxanthin Market in Cosmetics By Geography 2014-2023 ($ Million)
6. Global Astaxanthin Market By Source 2014-2023 ($ Million)
7. Global Astaxanthin Natural Source Market By Geography 2014-2023 ($ Million)
8. Global Astaxanthin Synthetic Source Market By Geography 2014-2023 ($ Million)
9. Global Astaxanthin Market By Form 2014-2023 ($ Million)
10. Global Dry Form Astaxanthin Market By Geography 2014-2023 ($ Million)
11. Global Liquid Form Astaxanthin Market By Geography 2014-2023 ($ Million)
12. Global Astaxanthin Market By Method of Production 2014-2023 ($ Million)
13. Global Chemical Synthesis Astaxanthin Market By Geography 2014-2023 ($ Million)
14. Global Microalgae Cultivation Astaxanthin Market By Geography 2014-2023 ($ Million)
15. Global Fermentation Astaxanthin Market By Geography 2014-2023 ($ Million)
16. Global Extraction Astaxanthin Market By Geography 2014-2023 ($ Million)
17. North America Astaxanthin Market 2014-2023 ($ Million)
18. Europe Astaxanthin Market 2014-2023 ($ Million)
19. Asia Pacific Astaxanthin Market 2014-2023 ($ Million)
20. Rest of the World Astaxanthin Market 2014-2023 ($ Million)

List of Figures
1. Global Astaxanthin Market By Supplements 2014-2023 ($ Million)
2. Global Astaxanthin Market By Food 2014-2023 ($ Million)
3. Global Astaxanthin Market By Feed 2014-2023 ($ Million)
4. Global Astaxanthin Market By Cosmetics 2014-2023 ($ Million)
5. Global Astaxanthin Market By Natural Source 2014-2023 ($ Million)
6. Global Astaxanthin Market By Plants 2014-2023 ($ Million)
7. Global Astaxanthin Market By Marine 2014-2023 ($ Million)
8. Global Astaxanthin Market By Synthetic Source 2014-2023 ($ Million)
9. Global Astaxanthin Market By Dry Form 2014-2023 ($ Million)
10. Global Astaxanthin Market By Liquid Form 2014-2023 ($ Million)
11. Global Astaxanthin Market By Chemical Synthesis 2014-2023 ($ Million)
12. Global Astaxanthin Market By Microalgae Cultivation 2014-2023 ($ Million)
13. Global Astaxanthin Market By Fermentation 2014-2023 ($ Million)
14. Global Astaxanthin Market By Extraction 2014-2023 ($ Million)
15. United States (U.S.) Astaxanthin Market 2014-2023 ($ Million)
16. Canada Astaxanthin Market 2014-2023 ($ Million)
17. United Kingdom (Uk) Astaxanthin Market 2014-2023 ($ Million)
18. France Astaxanthin Market 2014-2023 ($ Million)
19. Germany Astaxanthin Market 2014-2023 ($ Million)
20. Spain Astaxanthin Market 2014-2023 ($ Million)
21. Roe Astaxanthin Market 2014-2023 ($ Million)
22. India Astaxanthin Market 2014-2023 ($ Million)
23. China Astaxanthin Market 2014-2023 ($ Million)
24. Japan Astaxanthin Market 2014-2023 ($ Million)
25. Australia Astaxanthin Market 2014-2023 ($ Million)
26. Roapac Astaxanthin Market 2014-2023 ($ Million)
27. Latin America Astaxanthin Market 2014-2023 ($ Million)
28. Mena Astaxanthin Market 2014-2023 ($ Million)
Note: Product cover images may vary from those shown
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  • Algatechnologies (Israel)
  • Astareal, Inc. (U.S.)
  • Basf Se (Germany)
  • Beijing Ginko Group (U.S.)
  • Cardax, Inc. (U.S.)
  • Cyanotech Corporation (U.S.)
  • Divis Laboratories Ltd. (India)
  • Igene Biotechnology, Inc. (U.S.)
  • Koninklinjke Dsm N.V. (Netherland)
  • Otsuka Pharmaceutical Co., Ltd. (Japan)
  • Phasex Corporation (U.S.)
  • Piveg, Inc. (U.S.)
  • Spec-Chem Industry, Inc. (China)
  • The Archer Daniels Midland Company (U.S.)
  • Valensa International (U.S.)
Note: Product cover images may vary from those shown
5 of 4
Note: Product cover images may vary from those shown
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