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Astaxanthin has been gaining significance thanks to its health edges and a large vary of end-use applications. Astaxanthin market size can reach to USD 880.3 Million by 2023, at a CAGR of 8.13%.
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Astaxanthin market size will grow from USD 550.7 Million in 2017 to USD 880.3 Million by 2023, at an estimated CAGR of 8.13%. The base year considered for the study is 2017, and the market size is projected from 2018 to 2023. Astaxanthin has been gaining significance due to its health benefits and a wide range of end-use applications. It finds usage in animal and human applications, wherein it is mainly used to combat the human immune health and skin-related problems, while as a coloring additive in animal feed. The increasing prevalence of nutrient deficiency and changing consumer preferences for preventive healthcare have led to an increase in the demand for astaxanthin in the global market. Summary
By Source Natural Source Petroleum (Synthetic) By Application Feed Supplements Food Cosmetics By Method of Production Microalgae Cultivation Fermentation Extraction Chemical Synthesis Segmentation
Regions Europe Apac North America ROW Latin America
Koninklijke DSM N.V. BASF SE Cyanotech Corporation Otsuka Pharmaceutical Co., Ltd. Valensa International Fuji Chemical Industries Co., Ltd. Divis Laboratories Ltd. Beijing Ginko Group (BGG) Igene Biotechnology Inc. Piveg, Inc. Fenchem Biotek Ltd. Algatechnologies Cardax, Inc. Supreme Biotechnologies Market Players
Industry Overview Production Market Analysis Sales Market Analysis Consumption Market Analysis Production, Sales and Consumption Market Comparison Analysis Major Manufacturers Production and Sales Market Comparison Analysis Major Species Analysis Major Technology Analysis Industry Chain Analysis Global and Regional Market Forecast Major Manufacturers Analysis New Project Investment Feasibility Analysis Conclusions Appendix Table of Contents
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