U.S. Astaxanthin Market Size & Trends
The U.S. Astaxanthin market size was estimated at USD 531.11 million in 2024 and is projected to reach USD 1.68 billion by 2033, growing at a CAGR of 13.58% from 2025 to 2033, primarily driven by innovations in microencapsulation that enhance bioavailability. Astaxanthin, a potent carotenoid mainly derived from microalgae, krill, and yeast, is valued for its antioxidant qualities that support eye health, skin protection, and immune function. Its market growth is driven by increasing consumer awareness of health and wellness trends, especially in dietary supplements, with the U.S. benefiting from strong agricultural and feed industries, established supply chains, and manufacturing hubs.
Rising disposable incomes and health-conscious consumer behavior further boost demand. Companies are increasingly investing in sustainable sourcing to meet market needs. For instance, in May 2023, BGG World (BGG) and its subsidiary, Algae Health Sciences (AHS), announced the completion of a significant expansion of their state-of-the-art, 100% glass tube photobioreactor microalgae farm. This marks the second major expansion in the last two years and has doubled the capacity of BGG’s flagship AstaZine Natural Astaxanthin line.
Natural astaxanthin is preferred over synthetic versions due to consumer demand for clean-label products free from chemical residues, with the aquaculture sector, especially salmon farming, serving as a key growth driver by using astaxanthin to enhance fish pigmentation and health. Innovations like microencapsulation, adopted by a leading nutraceutical brand, improve product stability and bioavailability, and expand uses in functional foods and cosmetics.
In May 2025, the study by Y. Zhang et al. demonstrated an effective method for astaxanthin production using flocculated H. pluvialis cultivated as biofilms in a tri-layer tray photobioreactor. This approach improved biomass harvesting efficiency and enhanced astaxanthin yield, offering a promising commercial-scale production technique. Developing advancements, such as advanced extraction methods and sustainable closed-system microalgae cultivation, improve yield efficiency and lessen environmental impact. New delivery formats, including water-dispersible powders for drinks, cater to changing consumer preferences.
Despite challenges from the high production costs of natural astaxanthin, technological progress is expected to lower costs over time. Strategic partnerships between raw material suppliers and manufacturers to streamline supply chains boost efficiency, while regulatory support for natural ingredients ensures compliance with FDA standards. The rising trend toward plant-based and eco-friendly products will likely increase adoption in the nutraceutical and cosmetic sectors, with projections indicating steady market growth through 2033.
U.S. Astaxanthin Market Report Segmentation
This report forecasts revenue growth at the country level and provides an analysis of the latest industry trends in each of the sub-segments from 2021 to 2033. For this study, the analyst has segmented the U.S. astaxanthin market report based on source, product, and application:Source Outlook (Revenue, USD Million, 2021 - 2033)
- Natural
- Yeast
- Krill/Shrimp
- Microalgae
- Others
- Synthetic
Product Outlook (Revenue, USD Million, 2021 - 2033)
- Dried Algae Meal or Biomass
- Oil
- Softgel
- Liquid
- Others
Application Outlook (Revenue, USD Million, 2021 - 2033)
- Nutraceuticals
- Cosmetics
- Aquaculture & Animal Feed
- Food
- Functional Foods & Beverages
- Other Traditional Food Manufacturing Applications
- Others
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- Comprehensive Market Analysis: Gain detailed insights into the global market across major regions and segments.
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This report addresses:
- Market intelligence to enable effective decision-making
- Market estimates and forecasts from 2018 to 2030
- Growth opportunities and trend analyses
- Segment and regional revenue forecasts for market assessment
- Competition strategy and market share analysis
- Product innovation listing for you to stay ahead of the curve
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Table of Contents
Chapter 1. Methodology and Scope
Chapter 2. Executive Summary
Chapter 3. U.S. Astaxanthin Market Variables, Trends, & Scope
Chapter 4. U.S. Astaxanthin Market: Source Business Analysis
Chapter 5. U.S. Astaxanthin Market: Product Business Analysis
Chapter 6. U.S. Astaxanthin Market: Application Business Analysis
Chapter 7. Competitive Landscape
List of Tables
List of Figures
Companies Mentioned
- DSM Nutritional Products
- BASF SE
- Fuji Chemical Industries Co., Ltd.
- BGG World (Beijing Gingko Group)
- Cyanotech Corporation
- Algatech Ltd.
- AstaReal Inc.
- Valensa International
- PIVEG, Inc.
- ENEOS Corporation
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 150 |
| Published | July 2025 |
| Forecast Period | 2024 - 2033 |
| Estimated Market Value ( USD | $ 0.53 Billion |
| Forecasted Market Value ( USD | $ 1.68 Billion |
| Compound Annual Growth Rate | 13.5% |
| Regions Covered | United States |
| No. of Companies Mentioned | 10 |
