Global Astaxanthin Market Size, Share, Trends and Forecast 2022-2030

Description

Market Analysis and Insights: Global Astaxanthin Market
Astaxanthin is a naturally occurring dark red carotenoid found in nature primarily in aquatic animals such as salmon, trout, krill, shrimp, crayfish, and crustaceans. Astaxanthin is more than just a red pigment, it is one of the most powerful lipophilic antioxidants yet discovered. It has the unique capacity to quench free radicals and reactive species of oxygen and to inhibit lipid peroxidation. Studies have shown natural astaxanthin to be over 500 times stronger than vitamin E and much more potent than other carotenoids such as lutein, lycopene and β-carotene. Moreover, Astaxanthin a xanthophyll carotenoid, is a nutrient with a unique molecule structure, it does not convert to vitamin a (retinol) and has no "pro-oxidant" activity.

Due to the COVID-19 pandemic, the global Astaxanthin market size is estimated to be worth US$ 112.4 million in 2022 and is forecast to a readjusted size of US$ 206.8 million by 2028 with a CAGR of 10.7% during the review period. Fully considering the economic change by this health crisis, Natural Astaxanthin accounting for % of the Astaxanthin global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While Nutraceuticals segment is altered to an % CAGR throughout this forecast period.

The major players in global Astaxanthin market include DSM, BASF, Zhejiang NHU, etc. The top 3 players occupy about 70% shares of the global market. Europe and North America are main markets, they occupy about 55% of the global market. Natural Astaxanthin is the main type, with a share about 60%. Feed is the main application, which holds a share about 70%.

Market Segments

The authors of this research report have explored the key segments: Type and Application. The report offers an in-depth breakdown of type and application segments and their sub-segments. The lucrativeness and growth potential have been looked into by the industry experts in this report. This section of the report also provides sales and revenue forecast data by type and application segments based on sales, price, and revenue for the period 2017-2028. The specialists, to broaden the understanding of the users, have done value chain and raw material analysis in this section.

Segment by Type

Natural Astaxanthin

Synthetic Astaxanthin

Segment by Application

Nutraceuticals

Cosmetics

Food and Beverages

Feed

Others

Consequence of Covid-19 Pandemic

The authors of this study have enlightened the readers on the rise and effect of the Covid-19 outbreak on the development. They have investigated the changes brought about in the demand/supply side, consumption, supply chain, and sales/manufacturing. The readers will get familiar with the measures that have helped the key players to bring the Astaxanthin market back to the pre-covid levels.

Trends & Prospects

In this segment of the report, the specialists have delved into the key growth opportunities that are likely to emerge. This will aid the key players to simplify complex issues related to business and frame future strategies to compete in this competitive environment. This section will certainly assist the players to boldly position their business.

By Region

North America

U.S.

Canada

Europe

Germany

France

U.K.

Italy

Russia

Asia-Pacific

China

Japan

South Korea

India

Australia

Taiwan

Indonesia

Thailand

Malaysia

Philippines

Vietnam

Latin America

Mexico

Brazil

Argentina

Middle East & Africa

Turkey

Saudi Arabia

U.A.E

Competitive Outlook

In this section of the report, the researchers have done a comprehensive analysis of the prominent players operating and the strategies they are focusing on to combat the intense competition. Company profiles and share analysis of the prominent players are also provided in this section. They have also provided reliable sales and revenue data of the manufacturers for the period 2017-2022. With the assistance of this report, key players, stakeholders, and other participants will be able to stay abreast of the recent and upcoming developments in the business, further enabling them to make efficient choices. Mentioned below are the prime players taken into account in this research report:

DSM

BASF

Cyanotech

Fuji

BGG

Yunnan Alphy Biotech

Algatechnologies

Parry Nutraceuticals

Jingzhou Natural Astaxanthin

JX Nippon Oil& Energy

Supreme Biotechnologies

Biogenic

Zhejiang NHU

TABLE OF CONTENT

1 Study Coverage
1.1 Astaxanthin Product Introduction

1.2 Market by Type

1.2.1 Global Astaxanthin Market Size Growth Rate by Type, 2017 VS 2021 VS 2028

1.2.2 Natural Astaxanthin

1.2.3 Synthetic Astaxanthin

1.3 Market by Application

1.3.1 Global Astaxanthin Market Size Growth Rate by Application, 2017 VS 2021 VS 2028

1.3.2 Nutraceuticals

1.3.3 Cosmetics

1.3.4 Food and Beverages

1.3.5 Feed

1.3.6 Others

1.4 Study Objectives

1.5 Years Considered

2 Executive Summary

2.1 Global Astaxanthin Sales Estimates and Forecasts 2017-2028

2.2 Global Astaxanthin Revenue Estimates and Forecasts 2017-2028

2.3 Global Astaxanthin Revenue by Region: 2017 VS 2021 VS 2028

2.4 Global Astaxanthin Sales by Region

2.4.1 Global Astaxanthin Sales by Region (2017-2022)

2.4.2 Global Sales Astaxanthin by Region (2023-2028)

2.5 Global Astaxanthin Revenue by Region

2.5.1 Global Astaxanthin Revenue by Region (2017-2022)

2.5.2 Global Astaxanthin Revenue by Region (2023-2028)

2.6 North America

2.7 Europe

2.8 Asia-Pacific

2.9 Latin America

2.10 Middle East & Africa

3 Competition by Manufacturers

3.1 Global Astaxanthin Sales by Manufacturers

3.1.1 Global Top Astaxanthin Manufacturers by Sales (2017-2022)

3.1.2 Global Astaxanthin Sales Market Share by Manufacturers (2017-2022)

3.1.3 Global Top 10 and Top 5 Largest Manufacturers of Astaxanthin in 2021

3.2 Global Astaxanthin Revenue by Manufacturers

3.2.1 Global Astaxanthin Revenue by Manufacturers (2017-2022)

3.2.2 Global Astaxanthin Revenue Market Share by Manufacturers (2017-2022)

3.2.3 Global Top 10 and Top 5 Companies by Astaxanthin Revenue in 2021

3.3 Global Astaxanthin Sales Price by Manufacturers (2017-2022)

3.4 Analysis of Competitive Landscape

3.4.1 Manufacturers Market Concentration Ratio (CR5 and HHI)

3.4.2 Global Astaxanthin Market Share by Company Type (Tier 1, Tier 2, and Tier 3)

3.4.3 Global Astaxanthin Manufacturers Geographical Distribution

3.5 Mergers & Acquisitions, Expansion Plans

4 Market Size by Type

4.1 Global Astaxanthin Sales by Type

4.1.1 Global Astaxanthin Historical Sales by Type (2017-2022)

4.1.2 Global Astaxanthin Forecasted Sales by Type (2023-2028)

4.1.3 Global Astaxanthin Sales Market Share by Type (2017-2028)

4.2 Global Astaxanthin Revenue by Type

4.2.1 Global Astaxanthin Historical Revenue by Type (2017-2022)

4.2.2 Global Astaxanthin Forecasted Revenue by Type (2023-2028)

4.2.3 Global Astaxanthin Revenue Market Share by Type (2017-2028)

4.3 Global Astaxanthin Price by Type

4.3.1 Global Astaxanthin Price by Type (2017-2022)

4.3.2 Global Astaxanthin Price Forecast by Type (2023-2028)

5 Market Size by Application

5.1 Global Astaxanthin Sales by Application

5.1.1 Global Astaxanthin Historical Sales by Application (2017-2022)

5.1.2 Global Astaxanthin Forecasted Sales by Application (2023-2028)

5.1.3 Global Astaxanthin Sales Market Share by Application (2017-2028)

5.2 Global Astaxanthin Revenue by Application

5.2.1 Global Astaxanthin Historical Revenue by Application (2017-2022)

5.2.2 Global Astaxanthin Forecasted Revenue by Application (2023-2028)

5.2.3 Global Astaxanthin Revenue Market Share by Application (2017-2028)

5.3 Global Astaxanthin Price by Application

5.3.1 Global Astaxanthin Price by Application (2017-2022)

5.3.2 Global Astaxanthin Price Forecast by Application (2023-2028)

6 North America

6.1 North America Astaxanthin Market Size by Type

6.1.1 North America Astaxanthin Sales by Type (2017-2028)

6.1.2 North America Astaxanthin Revenue by Type (2017-2028)

6.2 North America Astaxanthin Market Size by Application

6.2.1 North America Astaxanthin Sales by Application (2017-2028)

6.2.2 North America Astaxanthin Revenue by Application (2017-2028)

6.3 North America Astaxanthin Market Size by Country

6.3.1 North America Astaxanthin Sales by Country (2017-2028)

6.3.2 North America Astaxanthin Revenue by Country (2017-2028)

6.3.3 U.S.

6.3.4 Canada

7 Europe

7.1 Europe Astaxanthin Market Size by Type

7.1.1 Europe Astaxanthin Sales by Type (2017-2028)

7.1.2 Europe Astaxanthin Revenue by Type (2017-2028)

7.2 Europe Astaxanthin Market Size by Application

7.2.1 Europe Astaxanthin Sales by Application (2017-2028)

7.2.2 Europe Astaxanthin Revenue by Application (2017-2028)

7.3 Europe Astaxanthin Market Size by Country

7.3.1 Europe Astaxanthin Sales by Country (2017-2028)

7.3.2 Europe Astaxanthin Revenue by Country (2017-2028)

7.3.3 Germany

7.3.4 France

7.3.5 U.K.

7.3.6 Italy

7.3.7 Russia

8 Asia Pacific

8.1 Asia Pacific Astaxanthin Market Size by Type

8.1.1 Asia Pacific Astaxanthin Sales by Type (2017-2028)

8.1.2 Asia Pacific Astaxanthin Revenue by Type (2017-2028)

8.2 Asia Pacific Astaxanthin Market Size by Application

8.2.1 Asia Pacific Astaxanthin Sales by Application (2017-2028)

8.2.2 Asia Pacific Astaxanthin Revenue by Application (2017-2028)

8.3 Asia Pacific Astaxanthin Market Size by Region

8.3.1 Asia Pacific Astaxanthin Sales by Region (2017-2028)

8.3.2 Asia Pacific Astaxanthin Revenue by Region (2017-2028)

8.3.3 China

8.3.4 Japan

8.3.5 South Korea

8.3.6 India

8.3.7 Australia

8.3.8 Taiwan

8.3.9 Indonesia

8.3.10 Thailand

8.3.11 Malaysia

8.3.12 Philippines

9 Latin America

9.1 Latin America Astaxanthin Market Size by Type

9.1.1 Latin America Astaxanthin Sales by Type (2017-2028)

9.1.2 Latin America Astaxanthin Revenue by Type (2017-2028)

9.2 Latin America Astaxanthin Market Size by Application

9.2.1 Latin America Astaxanthin Sales by Application (2017-2028)

9.2.2 Latin America Astaxanthin Revenue by Application (2017-2028)

9.3 Latin America Astaxanthin Market Size by Country

9.3.1 Latin America Astaxanthin Sales by Country (2017-2028)

9.3.2 Latin America Astaxanthin Revenue by Country (2017-2028)

9.3.3 Mexico

9.3.4 Brazil

9.3.5 Argentina

10 Middle East and Africa

10.1 Middle East and Africa Astaxanthin Market Size by Type

10.1.1 Middle East and Africa Astaxanthin Sales by Type (2017-2028)

10.1.2 Middle East and Africa Astaxanthin Revenue by Type (2017-2028)

10.2 Middle East and Africa Astaxanthin Market Size by Application

10.2.1 Middle East and Africa Astaxanthin Sales by Application (2017-2028)

10.2.2 Middle East and Africa Astaxanthin Revenue by Application (2017-2028)

10.3 Middle East and Africa Astaxanthin Market Size by Country

10.3.1 Middle East and Africa Astaxanthin Sales by Country (2017-2028)

10.3.2 Middle East and Africa Astaxanthin Revenue by Country (2017-2028)

10.3.3 Turkey

10.3.4 Saudi Arabia

11 Company Profiles

11.1 DSM

11.1.1 DSM Corporation Information

11.1.2 DSM Overview

11.1.3 DSM Astaxanthin Sales, Price, Revenue and Gross Margin (2017-2022)

11.1.4 DSM Astaxanthin Product Model Numbers, Pictures, Descriptions and Specifications

11.1.5 DSM Recent Developments

11.2 BASF

11.2.1 BASF Corporation Information

11.2.2 BASF Overview

11.2.3 BASF Astaxanthin Sales, Price, Revenue and Gross Margin (2017-2022)

11.2.4 BASF Astaxanthin Product Model Numbers, Pictures, Descriptions and Specifications

11.2.5 BASF Recent Developments

11.3 Cyanotech

11.3.1 Cyanotech Corporation Information

11.3.2 Cyanotech Overview

11.3.3 Cyanotech Astaxanthin Sales, Price, Revenue and Gross Margin (2017-2022)

11.3.4 Cyanotech Astaxanthin Product Model Numbers, Pictures, Descriptions and Specifications

11.3.5 Cyanotech Recent Developments

11.4 Fuji

11.4.1 Fuji Corporation Information

11.4.2 Fuji Overview

11.4.3 Fuji Astaxanthin Sales, Price, Revenue and Gross Margin (2017-2022)

11.4.4 Fuji Astaxanthin Product Model Numbers, Pictures, Descriptions and Specifications

11.4.5 Fuji Recent Developments

11.5 BGG

11.5.1 BGG Corporation Information

11.5.2 BGG Overview

11.5.3 BGG Astaxanthin Sales, Price, Revenue and Gross Margin (2017-2022)

11.5.4 BGG Astaxanthin Product Model Numbers, Pictures, Descriptions and Specifications

11.5.5 BGG Recent Developments

11.6 Yunnan Alphy Biotech

11.6.1 Yunnan Alphy Biotech Corporation Information

11.6.2 Yunnan Alphy Biotech Overview

11.6.3 Yunnan Alphy Biotech Astaxanthin Sales, Price, Revenue and Gross Margin (2017-2022)

11.6.4 Yunnan Alphy Biotech Astaxanthin Product Model Numbers, Pictures, Descriptions and Specifications

11.6.5 Yunnan Alphy Biotech Recent Developments

11.7 Algatechnologies

11.7.1 Algatechnologies Corporation Information

11.7.2 Algatechnologies Overview

11.7.3 Algatechnologies Astaxanthin Sales, Price, Revenue and Gross Margin (2017-2022)

11.7.4 Algatechnologies Astaxanthin Product Model Numbers, Pictures, Descriptions and Specifications

11.7.5 Algatechnologies Recent Developments

11.8 Parry Nutraceuticals

11.8.1 Parry Nutraceuticals Corporation Information

11.8.2 Parry Nutraceuticals Overview

11.8.3 Parry Nutraceuticals Astaxanthin Sales, Price, Revenue and Gross Margin (2017-2022)

11.8.4 Parry Nutraceuticals Astaxanthin Product Model Numbers, Pictures, Descriptions and Specifications

11.8.5 Parry Nutraceuticals Recent Developments

11.9 Jingzhou Natural Astaxanthin

11.9.1 Jingzhou Natural Astaxanthin Corporation Information

11.9.2 Jingzhou Natural Astaxanthin Overview

11.9.3 Jingzhou Natural Astaxanthin Astaxanthin Sales, Price, Revenue and Gross Margin (2017-2022)

11.9.4 Jingzhou Natural Astaxanthin Astaxanthin Product Model Numbers, Pictures, Descriptions and Specifications

11.9.5 Jingzhou Natural Astaxanthin Recent Developments

11.10 JX Nippon Oil& Energy

11.10.1 JX Nippon Oil& Energy Corporation Information

11.10.2 JX Nippon Oil& Energy Overview

11.10.3 JX Nippon Oil& Energy Astaxanthin Sales, Price, Revenue and Gross Margin (2017-2022)

11.10.4 JX Nippon Oil& Energy Astaxanthin Product Model Numbers, Pictures, Descriptions and Specifications

11.10.5 JX Nippon Oil& Energy Recent Developments

11.11 Supreme Biotechnologies

11.11.1 Supreme Biotechnologies Corporation Information

11.11.2 Supreme Biotechnologies Overview

11.11.3 Supreme Biotechnologies Astaxanthin Sales, Price, Revenue and Gross Margin (2017-2022)

11.11.4 Supreme Biotechnologies Astaxanthin Product Model Numbers, Pictures, Descriptions and Specifications

11.11.5 Supreme Biotechnologies Recent Developments

11.12 Biogenic

11.12.1 Biogenic Corporation Information

11.12.2 Biogenic Overview

11.12.3 Biogenic Astaxanthin Sales, Price, Revenue and Gross Margin (2017-2022)

11.12.4 Biogenic Astaxanthin Product Model Numbers, Pictures, Descriptions and Specifications

11.12.5 Biogenic Recent Developments

11.13 Zhejiang NHU

11.13.1 Zhejiang NHU Corporation Information

11.13.2 Zhejiang NHU Overview

11.13.3 Zhejiang NHU Astaxanthin Sales, Price, Revenue and Gross Margin (2017-2022)

11.13.4 Zhejiang NHU Astaxanthin Product Model Numbers, Pictures, Descriptions and Specifications

11.13.5 Zhejiang NHU Recent Developments

12 Industry Chain and Sales Channels Analysis

12.1 Astaxanthin Industry Chain Analysis

12.2 Astaxanthin Key Raw Materials

12.2.1 Key Raw Materials

12.2.2 Raw Materials Key Suppliers

12.3 Astaxanthin Production Mode & Process

12.4 Astaxanthin Sales and Marketing

12.4.1 Astaxanthin Sales Channels

12.4.2 Astaxanthin Distributors

12.5 Astaxanthin Customers

13 Market Drivers, Opportunities, Challenges and Risks Factors Analysis

13.1 Astaxanthin Industry Trends

13.2 Astaxanthin Market Drivers

13.3 Astaxanthin Market Challenges

13.4 Astaxanthin Market Restraints

14 Key Findings in The Global Astaxanthin Study

15 Appendix

15.1 Research Methodology

15.1.1 Methodology/Research Approach

15.1.2 Data Source

15.2 Author Details

15.3 Disclaimer

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