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Astaxanthin Market Size, Share & Trends Analysis Report By Product (Oil, Softgel, Liquid), By Source (Natural, Synthetic), By Application (Aquaculture & Animal Feed, Nutraceuticals), By Region, And Segment Forecasts, 2021 - 2028

  • ID: 5450246
  • Report
  • September 2021
  • Region: Global
  • 127 Pages
  • Grand View Research

FEATURED COMPANIES

  • Algalíf Iceland ehf
  • Cyanotech Corporation
  • ENEOS Corporation
  • FENCHEM
  • MicroA
The global astaxanthin market size is expected to reach USD 4.75 billion by 2028, registering a CAGR of 16.8%, according to a new report by the publisher Increasing adoption of dietary supplements, growing awareness among people regarding healthy lifestyle, and government initiatives to increase the manufacturing capacity are anticipated to boost the market growth. For instance, in May 2019, Algalíf Iceland ehf. received financial aid from EU’s SME Instrument program and Icelandic Centre for Research’s Technology Development Fund to expand its manufacturing capacities by adding spray dryers.



Cost-effective technologies widely used for astaxanthin production include Photo Bioreactor (PBR) and Flat Panel Airlift (FPA) reactors. Furthermore, other technologies used are open pond, closed microalgae, hybrid (a need-based combination of open pond system & flat panel photobioreactor), green technology production system energized by natural sunlight, and supercritical carbon dioxide extraction systems.

Market players are aggressively finding innovative methods to improve production for meeting the growing demand in the nutraceutical and pharmaceutical industry. For instance, an ongoing study conducted by scientists at the University of Pennsylvania has shown a route to optimize the production of astaxanthin by using a strain of E. coli. According to a study, the production rate of biomass via modified E. coli was 16 times higher than the current algae cultivation method. This reflects the industry’s ability to invest in new technologies for meeting the quality standards and demands of consumers.

Increasing research on the usage of astaxanthin products for different applications will create a new opportunity in the market. Many studies have been conducted to evaluate the potential of astaxanthin in different end-use industries. For instance, in April 2021, a study was published in MDPI related to the use of astaxanthin-based feed additives in the poultry industry. The study revealed that a moderate dose could efficiently improve egg yolk color and the general health of laying hens. Moreover, in April 2019, researchers in Japan and China investigated the use of astaxanthin on aging using a mice model and found improved dysregulation of aging-related gene expression.

The nutraceutical industry is a dynamic and evolving end-use industry that offers new opportunities to key players looking to introduce novel products. Key players are continuously conducting R&D to develop a novel product for nutraceutical applications. Companies, such as Algatech Ltd. and Cyanotech Corp., have introduced ready-to-mix and water-dispersible powder for the supplements & beverages industries. Similarly, companies are studying its applications in the pharmaceutical industry.

Companies are adopting strategies, such as new product launches and partnerships with major players in end-use industries, to increase the penetration of natural astaxanthin-based products. For instance, in March 2019, Algatech Ltd. entered into a partnership with a personal care product manufacturer for astaxanthin topical applications in the U.S. market. This initiative was anticipated to drive the commercial reach of the product in North America, thereby fueling the global market.

The market is highly competitive due to the presence of a large pool of players. Key players are adopting new technologies and producing an optimal quality of products to increase sales and gain maximum market share.

Astaxanthin Market Report Highlights

  • In 2020, natural astaxanthin accounted for the largest market share and is anticipated to maintain its dominance over the forecast period
  • Microalgae is the largest natural source, which held more than 70% of the total natural astaxanthin product
  • Ongoing studies to expand the use of astaxanthin products are anticipated to boost the demand in the coming years
  • Based on product, dried algae meal or biomass is the largest segment and is expected to maintain its dominance over the forecast period
  • Asia Pacific region is expected to experience the fastest growth over the forecast period owing to the increasing adoption of nutraceuticals and increasing consumer disposable income in the region


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Frequently Asked Questions about the Astaxanthin Market

What is the estimated value of the Astaxanthin Market?

The Astaxanthin Market was estimated to be valued at $1.4 Billion in 2020.

What is the growth rate of the Astaxanthin Market?

The growth rate of the Astaxanthin Market is 16.8%, with an estimated value of $4.8 Billion by 2028.

What is the forecasted size of the Astaxanthin Market?

The Astaxanthin Market is estimated to be worth $4.8 Billion by 2028.

Who are the key companies in the Astaxanthin Market?

Key companies in the Astaxanthin Market include Algatech LTD (Solabia Group), Cyanotech Corporation, Fuji Chemical Industries Co., Ltd., CO2 GRO Inc. (Pure Polar Labs, Inc.), FENCHEM, MicroA, E.I.D., Parry (India) Limited (Alimtec S.A., Valensa International) and ENEOS Corporation.
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • Algalíf Iceland ehf
  • Cyanotech Corporation
  • ENEOS Corporation
  • FENCHEM
  • MicroA

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 (Model 1)
1.6.1.1 Approach 1: Commodity Flow Approach
1.7 List of Secondary Sources
1.8 List of Abbreviations
1.9 Objectives
1.9.1 Objective 1
1.9.2 Objective 2
1.9.3 Objective 3
1.9.4 Objective 4
Chapter 2 Executive Summary
2.1 Market Summary
Chapter 3 Market Definitions
Chapter 4 Industry Outlook
4.1 Penetration and Growth Prospect Mapping
4.2 User Perspective Analysis
4.3 Market Driver Analysis
4.3.1 Increasing demand for nutraceuticals and natural antioxidants
4.3.2 Introduction of advanced technologies
4.3.3 Increase in adoption of natural cosmetics, nutraceuticals, and pharmaceuticals
4.3.4 Increased use in aquaculture and coloring of fish
4.4 Market Restraint Analysis
4.4.1 High cost of production
4.4.2 Excess space requirement
4.5 SWOT Analysis, by Factor (Political & Legal, Economic, and Technological)
4.6 Porter’s Five Forces Analysis
4.7 Regulatory Framework
4.7.1 North America
4.7.2 Europe
4.7.3 Asia Pacific
4.7.4 Latin America
4.7.5 Middle East and Africa
4.8 Opportunity Analysis
4.8.1 Organizations Funding, Promoting, and Supporting R&D of Astaxanthin
4.8.2 The COVID-19 Pandemic
Chapter 5 Astaxanthin Market: Segment Analysis, By Source, 2017 - 2028 (USD Million) (Volume in Metric Tons)
5.1 Definition and Scope
5.2 Source Market Share Analysis, 2020 & 2028
5.3 Segment Dashboard
5.4 Global Astaxanthin Market, by Source, 2017 to 2028
5.5 Market Size & Forecasts and Trend Analyses, 2017 to 2028
5.6 Natural
5.6.1 Natural market, 2017 - 2028 (USD Million) (Volume in Metric Tons)
5.6.1.1 Yeast
5.6.1.1.2 Yeast market, 2017 - 2028 (USD Million) (Volume in Metric Tons)
5.6.1.2 Krill/Shrimp
5.6.1.2.1 Krill/Shrimp market, 2017 - 2028 (USD Million) (Volume in Metric Tons)
5.6.1.3 Microalgae
5.6.1.3.1 Microalgae market, 2017 - 2028 (USD Million) (Volume in Metric Tons)
5.6.1.4 Others
5.6.1.4.1 Others market, 2017 - 2028 (USD Million) (Volume in Metric Tons)
5.7 Synthetic
5.7.1 Synthetic market, 2017 - 2028 (USD Million) (Volume in Metric Tons)
Chapter 6 Astaxanthin Market: Segment Analysis, By Product, 2017 - 2028 (USD Million)
6.1 Definition and Scope
6.2 Product Market Share Analysis, 2020 & 2028
6.3 Segment Dashboard
6.4 Global Astaxanthin Market, by Product, 2017 to 2028
6.5 Market Size & Forecasts and Trend Analyses, 2017 to 2028
6.5.1 Dried Algae Meal or Biomass
6.5.1.1 Dried algae meal or biomass market, 2017 - 2028 (USD Million)
6.5.2 Oil
6.5.2.1 Oil market, 2017 - 2028 (USD Million)
6.5.3 Softgel
6.5.3.1 Softgel market, 2017 - 2028 (USD Million)
6.5.4 Liquid
6.5.4.1 Liquid market, 2017 - 2028 (USD Million)
6.5.5 Others
6.5.5.1 Others astaxanthin market, 2017 - 2028 (USD Million)
Chapter 7 Astaxanthin Market: Segment Analysis, By Application, 2017 - 2028 (USD Million)
7.1 Definition and Scope
7.2 Application Market Share Analysis, 2020 & 2028
7.3 Segment Dashboard
7.4 Global Astaxanthin Market, by Application, 2017 to 2028
7.5 Market Size & Forecasts and Trend Analyses, 2017 to 2028
7.5.1 Nutraceuticals
7.5.1.2 Nutraceuticals market, 2017 - 2028 (USD Million)
7.5.2 Cosmetics
7.5.2.1 Cosmetics market, 2017 - 2028 (USD Million)
7.5.3 Aquaculture and Animal Feed
7.5.3.1 Aquaculture and animal feed market, 2017 - 2028 (USD Million)
7.5.4 Food
7.5.4.1 Food market, 2017 - 2028 (USD Million)
7.5.4.2 Functional Food & Beverages
7.5.4.2.1 Functional food & beverages market, 2017 - 2028 (USD Million)
7.5.4.3 Other Traditional Food Manufacturing Applications
7.5.4.3.1 Other traditional food manufacturing applications market, 2017 - 2028 (USD Million)
7.5.5 Others
7.5.5.1 Others market, 2017 - 2028 (USD Million)
Chapter 8 Astaxanthin Market: Regional Analysis, 2017 - 2028 (USD Million) (Volume in Metric Tons)
8.1 Astaxanthin market: Regional movement analysis
8.2 North America
8.2.1 North America market estimates and forecast, 2017 - 2028 (USD Million) (Volume in Metric Tons)
8.2.2 U.S.
8.2.2.1 U.S. astaxanthin market estimates and forecast, 2017 - 2028 (USD Million) (Volume in Metric Tons)
8.2.3 Canada
8.2.3.1 Canada astaxanthin market estimates and forecast, 2017 - 2028 (USD Million) (Volume in Metric Tons)
8.3 Europe
8.3.1 Europe Astaxanthin market estimates and forecast, 2017 - 2028 (USD Million) (Volume in Metric Tons)
8.3.2 Germany
8.3.2.1 Germany astaxanthin market estimates and forecast, 2017 - 2028 (USD Million) (Volume in Metric Tons)
8.3.3 U.K.
8.3.3.1 U.K. astaxanthin market estimates and forecast, 2017 - 2028 (USD Million) (Volume in Metric Tons)
8.3.4 France
8.3.4.1 France astaxanthin market estimates and forecast, 2017 - 2028 (USD Million) (Volume in Metric Tons)
8.3.5 Spain
8.3.5.1 Spain astaxanthin market estimates and forecast, 2017 - 2028 (USD Million) (Volume in Metric Tons)
8.3.6 Italy
8.3.6.1 Italy astaxanthin market estimates and forecast, 2017 - 2028 (USD Million) (Volume in Metric Tons)
8.3.7 Russia
8.3.7.1 Russia astaxanthin market estimates and forecast, 2017 - 2028 (USD Million) (Volume in Metric Tons)
8.4 Asia Pacific
8.4.1 Asia Pacific Astaxanthin market estimates and forecast, 2017 - 2028 (USD Million) (Volume in Metric Tons)
8.4.2 Japan
8.4.2.1 Japan astaxanthin market estimates and forecast, 2017 - 2028 (USD Million) (Volume in Metric Tons)
8.4.3 China
8.4.3.1 China astaxanthin market estimates and forecast, 2017 - 2028 (USD Million) (Volume in Metric Tons)
8.4.4 India
8.4.4.1 India astaxanthin market estimates and forecast, 2017 - 2028 (USD Million) (Volume in Metric Tons)
8.4.5 South Korea
8.4.5.1 South Korea astaxanthin market estimates and forecast, 2017 - 2028 (USD Million) (Volume in Metric Tons)
8.4.6 Australia
8.4.6.1 Australia astaxanthin market estimates and forecast, 2017 - 2028 (USD Million) (Volume in Metric Tons)
8.4.7 Singapore
8.4.7.1 Singapore astaxanthin market estimates and forecast, 2017 - 2028 (USD Million) (Volume in Metric Tons)
8.5 Latin America
8.5.1 Latin America Astaxanthin market estimates and forecast, 2017 - 2028 (USD Million) (Volume in Metric Tons)
8.5.2 Brazil
8.5.2.1 Brazil astaxanthin market estimates and forecast, 2017 - 2028 (USD Million) (Volume in Metric Tons)
8.5.3 Mexico
8.5.3.1 Mexico astaxanthin market estimates and forecast, 2017 - 2028 (USD Million) (Volume in Metric Tons)
8.5.4 Argentina
8.5.4.1 Argentina astaxanthin market estimates and forecast, 2017 - 2028 (USD Million) (Volume in Metric Tons)
8.6 MEA
8.6.1 MEA Astaxanthin market estimates and forecast, 2017 - 2028 (USD Million) (Volume in Metric Tons)
8.6.2 Saudi Arabia
8.6.2.1 Saudi Arabia astaxanthin market estimates and forecast, 2017 - 2028 (USD Million) (Volume in Metric Tons)
8.6.3 South Africa
8.6.3.1 South Africa astaxanthin market estimates and forecast, 2017 - 2028 (USD Million) (Volume in Metric Tons)
8.6.4 UAE
8.6.4.1 UAE astaxanthin market estimates and forecast, 2017 - 2028 (USD Million) (Volume in Metric Tons)
8.6.5 Israel
8.6.5.1 Israel astaxanthin market estimates and forecast, 2017 - 2028 (USD Million) (Volume in Metric Tons)
Chapter 9 Competitive Landscape
9.1 Major Deals and Strategic Alliances Analysis
9.1.1 Key strategies
9.1.1.1 New product launch
9.1.1.2 Mergers and acquisitions
9.1.1.3 Expansion
9.1.1.4 Partnerships
9.1.1.5 Marketing & promotions
9.2 Recent Developments and Impact Analysis, by Key Market Participants
9.2.1 Ansoff matrix
9.3 Company/Competition Categorization (Key innovators, Market leaders, Emerging players)
9.3.1 Innovators
9.4 Vendor Landscape
9.4.1 List of key distributors and channel partners
9.4.2 Key companies
9.4.3 Key customers
9.5 Public Companies Analysis
9.5.1 Company market position analysis
9.5.2 Key company market share analysis, 2020
9.5.3 List of other companies
9.5.4 Competitive Dashboard Analysis
9.6 Private Companies
9.6.1 List of key emerging companies/technology disruptors/innovators
9.6.2 Regional network map
9.7 Company Profiles
9.7.1 Algatech LTD (Solabia Group)
9.7.1.1 Company overview
9.7.1.2 Product benchmarking
9.7.1.3 Strategic initiatives
9.7.2 Cyanotech Corporation
9.7.2.1 Company overview
9.7.2.2 Financial performance
9.7.2.3 Product benchmarking
9.7.2.4 Strategic initiatives
9.7.3 Fuji Chemical Industries Co., Ltd.
9.7.3.1 Company overview
9.7.3.2 Product benchmarking
9.7.3.3 Strategic initiatives
9.7.4 CO2 GRO Inc. (Pure Polar Labs, Inc.)
9.7.4.1 Company overview
9.7.4.2 Financial performance
9.7.4.3 Product benchmarking
9.7.4.4 Strategic initiatives
9.7.5 FENCHEM
9.7.5.1 Company overview
9.7.5.2 Product benchmarking
9.7.5.3 Strategic initiative
9.7.6 MicroA
9.7.6.1 Company overview
9.7.6.2 Product benchmarking
9.7.6.3 Strategic initiatives
9.7.7 E.I.D. – Parry (India) Limited (Alimtec S.A., Valensa International)
9.7.7.1 Company overview
9.7.7.2 Financial performance
9.7.7.3 Product benchmarking
9.7.7.4 Strategic initiatives
9.7.8 Beijing Gingko Group (BGG)
9.7.8.1 Company overview
9.7.8.2 Product benchmarking
9.7.8.3 Strategic initiatives
9.7.9 ENEOS Corporation
9.7.9.1 Company overview
9.7.9.2 Financial performance
9.7.9.3 Product benchmarking
9.7.9.4 Strategic initiatives
9.7.10 Algalíf Iceland ehf
9.7.10.1 Company overview
9.7.10.2 Product benchmarking
9.7.10.3 Strategic initiatives
List of Tables
Table 1 List of secondary sources
Table 2 List of Abbreviation
Table 3 List of key distributors
Table 4 List of other companies
Table 5 List of key emerging companies/technology disruptors/innovators
Table 6 North America Astaxanthin Market, By Country, 2017 - 2028 (USD Million) (Volume in Metric Tons)
Table 7 North America Astaxanthin Market, By Source, 2017 - 2028 (USD Million) (Volume in Metric Tons)
Table 8 North America Astaxanthin Market, By Product, 2017 - 2028 (USD Million)
Table 9 North America Astaxanthin Market, By Application, 2017 - 2028 (USD Million)
Table 10 U.S. Astaxanthin Market, By Source, 2017 - 2028 (USD Million) (Volume in Metric Tons)
Table 11 U.S. Astaxanthin Market, By Product, 2017 - 2028 (USD Million)
Table 12 U.S. Astaxanthin Market, By Application, 2017 - 2028 (USD Million)
Table 13 Canada Astaxanthin Market, By Source, 2017 - 2028 (USD Million) (Volume in Metric Tons)
Table 14 Canada Astaxanthin Market, By Product, 2017 - 2028 (USD Million)
Table 15 Canada Astaxanthin Market, By Application, 2017 - 2028 (USD Million)
Table 16 Europe Astaxanthin Market, By Country, 2017 - 2028 (USD Million) (Volume in Metric Tons)
Table 17 Europe Astaxanthin Market, By Source, 2017 - 2028 (USD Million) (Volume in Metric Tons)
Table 18 Europe Astaxanthin Market, By Product, 2017 - 2028 (USD Million)
Table 19 Europe Astaxanthin Market, By Application, 2017 - 2028 (USD Million)
Table 20 UK Astaxanthin Market, By Source, 2017 - 2028 (USD Million) (Volume in Metric Tons)
Table 21 UK Astaxanthin Market, By Product, 2017 - 2028 (USD Million)
Table 22 UK Astaxanthin Market, By Application, 2017 - 2028 (USD Million)
Table 23 Germany Astaxanthin Market, By Source, 2017 - 2028 (USD Million) (Volume in Metric Tons)
Table 24 Germany Astaxanthin Market, By Product, 2017 - 2028 (USD Million)
Table 25 Germany Astaxanthin Market, By Application, 2017 - 2028 (USD Million)
Table 26 France Astaxanthin Market, By Source, 2017 - 2028 (USD Million) (Volume in Metric Tons)
Table 27 France Astaxanthin Market, By Product, 2017 - 2028 (USD Million)
Table 28 France Astaxanthin Market, By Application, 2017 - 2028 (USD Million)
Table 29 Spain Astaxanthin Market, By Source, 2017 - 2028 (USD Million) (Volume in Metric Tons)
Table 30 Spain Astaxanthin Market, By Product, 2017 - 2028 (USD Million)
Table 31 Spain Astaxanthin Market, By Application, 2017 - 2028 (USD Million)
Table 32 Italy Astaxanthin Market, By Source, 2017 - 2028 (USD Million) (Volume in Metric Tons)
Table 33 Italy Astaxanthin Market, By Product, 2017 - 2028 (USD Million)
Table 34 Italy Astaxanthin Market, By Application, 2017 - 2028 (USD Million)
Table 35 Russia Astaxanthin Market, By Source, 2017 - 2028 (USD Million) (Volume in Metric Tons)
Table 36 Russia Astaxanthin Market, By Product, 2017 - 2028 (USD Million)
Table 37 Russia Astaxanthin Market, By Application, 2017 - 2028 (USD Million)
Table 38 Asia Pacific Astaxanthin Market, By Country, 2017 - 2028 (USD Million) (Volume in Metric Tons)
Table 39 Asia Pacific Astaxanthin Market, By Source, 2017 - 2028 (USD Million) (Volume in Metric Tons)
Table 40 Asia Pacific Astaxanthin Market, By Product, 2017 - 2028 (USD Million)
Table 41 Asia Pacific Astaxanthin Market, By Application, 2017 - 2028 (USD Million)
Table 42 Japan Astaxanthin Market, By Source, 2017 - 2028 (USD Million) (Volume in Metric Tons)
Table 43 Japan Astaxanthin Market, By Product, 2017 - 2028 (USD Million)
Table 44 Japan Astaxanthin Market, By Application, 2017 - 2028 (USD Million)
Table 45 China Astaxanthin Market, By Source, 2017 - 2028 (USD Million) (Volume in Metric Tons)
Table 46 China Astaxanthin Market, By Product, 2017 - 2028 (USD Million)
Table 47 China Astaxanthin Market, By Application, 2017 - 2028 (USD Million)
Table 48 India Astaxanthin Market, By Source, 2017 - 2028 (USD Million) (Volume in Metric Tons)
Table 49 India Astaxanthin Market, By Product, 2017 - 2028 (USD Million)
Table 50 India Astaxanthin Market, By Application, 2017 - 2028 (USD Million)
Table 51 South Korea Astaxanthin Market, By Source, 2017 - 2028 (USD Million) (Volume in Metric Tons)
Table 52 South Korea Astaxanthin Market, By Product, 2017 - 2028 (USD Million)
Table 53 South Korea Astaxanthin Market, By Application, 2017 - 2028 (USD Million)
Table 54 Australia Astaxanthin Market, By Source, 2017 - 2028 (USD Million) (Volume in Metric Tons)
Table 55 Australia Astaxanthin Market, By Product, 2017 - 2028 (USD Million)
Table 56 Australia Astaxanthin Market, By Application, 2017 - 2028 (USD Million)
Table 57 Singapore Astaxanthin Market, By Source, 2017 - 2028 (USD Million) (Volume in Metric Tons)
Table 58 Singapore Astaxanthin Market, By Product, 2017 - 2028 (USD Million)
Table 59 Singapore Astaxanthin Market, By Application, 2017 - 2028 (USD Million)
Table 60 Latin America Astaxanthin Market, By Country, 2017 - 2028 (USD Million) (Volume in Metric Tons)
Table 61 Latina America Astaxanthin Market, By Source, 2017 - 2028 (USD Million) (Volume in Metric Tons)
Table 62 Latin America Astaxanthin Market, By Product, 2017 - 2028 (USD Million)
Table 63 Latin America Astaxanthin Market, By Application, 2017 - 2028 (USD Million)
Table 64 Brazil Astaxanthin Market, By Source, 2017 - 2028 (USD Million) (Volume in Metric Tons)
Table 65 Brazil Astaxanthin Market, By Product, 2017 - 2028 (USD Million)
Table 66 Brazil Astaxanthin Market, By Application, 2017 - 2028 (USD Million)
Table 67 Mexico Astaxanthin Market, By Source, 2017 - 2028 (USD Million) (Volume in Metric Tons)
Table 68 Mexico Astaxanthin Market, By Product, 2017 - 2028 (USD Million)
Table 69 Mexico Astaxanthin Market, By Application, 2017 - 2028 (USD Million)
Table 70 Argentina Astaxanthin Market, By Source, 2017 - 2028 (USD Million) (Volume in Metric Tons)
Table 71 Argentina Astaxanthin Market, By Product, 2017 - 2028 (USD Million)
Table 72 Argentina Astaxanthin Market, By Application, 2017 - 2028 (USD Million)
Table 73 Middle East & Africa Astaxanthin Market, By Country, 2017 - 2028 (USD Million) (Volume in Metric Tons)
Table 74 Middle East & Africa Astaxanthin Market, By Source, 2017 - 2028 (USD Million) (Volume in Metric Tons)
Table 75 Middle East & Africa Astaxanthin Market, By Product, 2017 - 2028 (USD Million)
Table 76 Middle East & Africa Astaxanthin Market, By Application, 2017 - 2028 (USD Million)
Table 77 South Africa Astaxanthin Market, By Source, 2017 - 2028 (USD Million) (Volume in Metric Tons)
Table 78 South Africa Astaxanthin Market, By Product, 2017 - 2028 (USD Million)
Table 79 South Africa Astaxanthin Market, By Application, 2017 - 2028 (USD Million)
Table 80 Saudi Arabia Astaxanthin Market, By Source, 2017 - 2028 (USD Million) (Volume in Metric Tons)
Table 81 Saudi Arabia Astaxanthin Market, By Product, 2017 - 2028 (USD Million)
Table 82 Saudi Arabia Astaxanthin Market, By Application, 2017 - 2028 (USD Million)
Table 83 UAE Astaxanthin Market, By Source, 2017 - 2028 (USD Million) (Volume in Metric Tons)
Table 84 UAE Astaxanthin Market, By Product, 2017 - 2028 (USD Million)
Table 85 UAE Astaxanthin Market, By Application, 2017 - 2028 (USD Million)
Table 86 Israel Astaxanthin Market, By Source, 2017 - 2028 (USD Million) (Volume in Metric Tons)
Table 87 Israel Astaxanthin Market, By Product, 2017 - 2028 (USD Million)
Table 88 Israel Astaxanthin Market, By Application, 2017 - 2028 (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 Astaxanthin market snapshot
Figure. 10 Penetration & growth prospect mapping
Figure. 11 User perspective analysis
Figure. 12 Astaxanthin market driver impact
Figure. 13 Market restraint relevance analysis (Current & future impact)
Figure. 14 SWOT analysis, by factor (Political & legal, economic, and technological)
Figure. 15 Porter’s five forces analysis
Figure. 16 Astaxanthin market: Source movement analysis
Figure. 17 Astaxanthin market: Source segment dashboard
Figure. 18 Astaxanthin market, source outlook: Key takeaways
Figure. 19 Natural astaxanthin market, 2017 - 2028 (USD Million)
Figure. 20 Natural astaxanthin market, 2017 - 2028 (Volume in Metric Tons)
Figure. 21 Yeast natural astaxanthin market, 2017 - 2028 (USD Million)
Figure. 22 Yeast natural astaxanthin market, 2017 - 2028 (Volume in Metric Tons)
Figure. 23 Krill/Shrimp natural astaxanthin market, 2017 - 2028 (USD Million)
Figure. 25 Krill/Shrimp natural astaxanthin market, 2017 - 2028 (Volume in Metric Tons)
Figure. 25 Microalgae natural astaxanthin market, 2017 - 2028 (USD Million)
Figure. 26 Microalgae natural astaxanthin market, 2017 - 2028 (Volume in Metric Tons)
Figure. 27 Others natural astaxanthin market, 2017 - 2028 (USD Million)
Figure. 28 Others natural astaxanthin market, 2017 - 2028 (Volume in Metric Tons)
Figure. 29 Synthetic astaxanthin market, 2017 - 2028 (USD Million)
Figure. 30 Synthetic astaxanthin market, 2017 - 2028 (Volume in Metric Tons)
Figure. 31 Astaxanthin market: Product movement analysis
Figure. 32 Astaxanthin market: Product segment dashboard
Figure. 33 Astaxanthin market, product outlook: Key takeaways
Figure. 34 Dried algae meal or biomass market, 2017 - 2028 (USD Million)
Figure. 35 Oil market, 2017 - 2028 (USD Million)
Figure. 36 Softgel market, 2017 - 2028 (USD Million)
Figure. 37 Liquid market, 2017 - 2028 (USD Million)
Figure. 38 Others astaxanthin market, 2017 - 2028 (USD Million)
Figure. 39 Astaxanthin market: Application movement analysis
Figure. 40 Astaxanthin: Application segment dashboard
Figure. 41 Astaxanthin market, application outlook: Key takeaways
Figure. 42 Nutraceuticals market, 2017 - 2028 (USD Million)
Figure. 43 Cosmetics market, 2017 - 2028 (USD Million)
Figure. 44 Aquaculture and animal feed market, 2017 - 2028 (USD Million)
Figure. 45 Food market, 2017 - 2028 (USD Million)
Figure. 46 Functional food & beverages market, 2017 - 2028 (USD Million)
Figure. 47 Other traditional food manufacturing applications market, 2017 - 2028 (USD Million)
Figure. 48 Others market, 2017 - 2028 (USD Million)
Figure. 49 Regional marketplace: Key takeaways
Figure. 50 Astaxanthin market: Regional movement analysis
Figure. 51 North America
Figure. 52 North America astaxanthin market estimates and forecast, 2017 - 2028 (USD Million)
Figure. 53 North America astaxanthin market estimates and forecast, 2017 - 2028 (Volume in Metric Tons)
Figure. 54 U.S.
Figure. 55 U.S. astaxanthin market estimates and forecast, 2017 - 2028 (USD Million)
Figure. 56 U.S. astaxanthin market estimates and forecast, 2017 - 2028 (Volume in Metric Tons)
Figure. 57 Canada
Figure. 58 Canada market estimates and forecast, 2017 - 2028 (USD Million)
Figure. 59 Canada market estimates and forecast, 2017 - 2028 (Volume in Metric Tons)
Figure. 60 Europe
Figure. 61 Europe astaxanthin market estimates and forecast, 2017 - 2028 (USD Million)
Figure. 62 Europe astaxanthin market estimates and forecast, 2017 - 2028 (Volume in Metric Tons)
Figure. 63 Germany
Figure. 64 Germany astaxanthin market estimates and forecast, 2017 - 2028 (USD Million)
Figure. 65 Germany astaxanthin market estimates and forecast, 2017 - 2028 (Volume in Metric Tons)
Figure. 66 U.K.
Figure. 67 U.K. astaxanthin market estimates and forecast, 2017 - 2028 (USD Million)
Figure. 68 U.K. astaxanthin market estimates and forecast, 2017 - 2028 (Volume in Metric Tons)
Figure. 69 France
Figure. 70 France astaxanthin market estimates and forecast, 2017 - 2028 (USD Million)
Figure. 71 France astaxanthin market estimates and forecast, 2017 - 2028 (Volume in Metric Tons)
Figure. 72 Spain
Figure. 73 Spain astaxanthin market estimates and forecast, 2017 - 2028 (USD Million)
Figure. 74 Spain astaxanthin market estimates and forecast, 2017 - 2028 (Volume in Metric Tons)
Figure. 75 Italy
Figure. 76 Italy astaxanthin market estimates and forecast, 2017 - 2028 (USD Million)
Figure. 77 Italy astaxanthin market estimates and forecast, 2017 - 2028 (Volume in Metric Tons)
Figure. 78 Russia
Figure. 79 Russia astaxanthin market estimates and forecast, 2017 - 2028 (USD Million)
Figure. 80 Russia astaxanthin market estimates and forecast, 2017 - 2028 (Volume in Metric Tons)
Figure. 81 Asia Pacific
Figure. 82 Asia Pacific astaxanthin market estimates and forecast, 2017 - 2028 (USD Million)
Figure. 83 Asia Pacific astaxanthin market estimates and forecast, 2017 - 2028 (Volume in Metric Tons)
Figure. 84 Japan
Figure. 85 Japan astaxanthin market estimates and forecast, 2017 - 2028 (USD Million)
Figure. 86 Japan astaxanthin market estimates and forecast, 2017 - 2028 (Volume in Metric Tons)
Figure. 87 China
Figure. 88 China astaxanthin market estimates and forecast, 2017 - 2028 (USD Million)
Figure. 89 China astaxanthin market estimates and forecast, 2017 - 2028 (Volume in Metric Tons)
Figure. 90 India
Figure. 91 India astaxanthin market estimates and forecast, 2017 - 2028 (USD Million)
Figure. 92 India astaxanthin market estimates and forecast, 2017 - 2028 (Volume in Metric Tons)
Figure. 93 South Korea
Figure. 94 South Korea astaxanthin market estimates and forecast, 2017 - 2028 (USD Million)
Figure. 95 South Korea astaxanthin market estimates and forecast, 2017 - 2028 (Volume in Metric Tons)
Figure. 96 Australia
Figure. 97 Australia astaxanthin market estimates and forecast, 2017 - 2028 (USD Million)
Figure. 98 Australia astaxanthin market estimates and forecast, 2017 - 2028 (Volume in Metric Tons)
Figure. 99 Singapore
Figure. 100 Singapore astaxanthin market estimates and forecast, 2017 - 2028 (USD Million)
Figure. 101 Singapore astaxanthin market estimates and forecast, 2017 - 2028 (Volume in Metric Tons)
Figure. 102 Latin America
Figure. 103 Latin America astaxanthin market estimates and forecast, 2017 - 2028 (USD Million)
Figure. 104 Latin America astaxanthin market estimates and forecast, 2017 - 2028 (Volume in Metric Tons)
Figure. 105 Brazil
Figure. 106 Brazil astaxanthin market estimates and forecast, 2017 - 2028 (USD Million)
Figure. 107 Brazil astaxanthin market estimates and forecast, 2017 - 2028 (Volume in Metric Tons)
Figure. 108 Mexico
Figure. 109 Mexico astaxanthin market estimates and forecast, 2017 - 2028 (USD Million)
Figure. 110 Mexico astaxanthin market estimates and forecast, 2017 - 2028 (Volume in Metric Tons)
Figure. 111 Argentina
Figure. 112 Argentina astaxanthin market estimates and forecast, 2017 - 2028 (USD Million)
Figure. 113 Argentina astaxanthin market estimates and forecast, 2017 - 2028 (Volume in Metric Tons)
Figure. 114 MEA
Figure. 115 MEA astaxanthin market estimates and forecast, 2017 - 2028 (USD Million)
Figure. 116 MEA astaxanthin market estimates and forecast, 2017 - 2028 (Volume in Metric Tons)
Figure. 117 Saudi Arabia
Figure. 118 Saudi Arabia astaxanthin market estimates and forecast, 2017 - 2028 (USD Million)
Figure. 119 Saudi Arabia astaxanthin market estimates and forecast, 2017 - 2028 (Volume in Metric Tons)
Figure. 120 South Africa
Figure. 121 South Africa astaxanthin market estimates and forecast, 2017 - 2028 (USD Million)
Figure. 122 South Africa astaxanthin market estimates and forecast, 2017 - 2028 (Volume in Metric Tons)
Figure. 123 UAE
Figure. 124 UAE astaxanthin market estimates and forecast, 2017 - 2028 (USD Million)
Figure. 125 UAE astaxanthin market estimates and forecast, 2017 - 2028 (Volume in Metric Tons)
Figure. 126 Israel
Figure. 127 Israel astaxanthin market estimates and forecast, 2017 - 2028 (USD Million)
Figure. 128 Israel astaxanthin market estimates and forecast, 2017 - 2028 (Volume in Metric Tons)
Figure. 129 Major deals and strategic alliances analysis
Figure. 130 Ansoff matrix
Figure. 131 Competition categorization
Figure. 132 Company market position analysis
Figure. 133 Company market position analysis
Figure. 134 Key company market share analysis, 2020
Figure. 135 Heat map analysis
Figure. 136 Regional network map
Note: Product cover images may vary from those shown
  • Algatech LTD (Solabia Group)
  • Cyanotech Corporation
  • Fuji Chemical Industries Co., Ltd.
  • CO2 GRO Inc. (Pure Polar Labs, Inc.)
  • FENCHEM
  • MicroA
  • E.I.D. - Parry (India) Limited (Alimtec S.A., Valensa International)
  • Beijing Gingko Group (BGG)
  • ENEOS Corporation
  • Algalíf Iceland ehf
Note: Product cover images may vary from those shown

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