Astaxanthin Market

Report Highlights

The scope of this report covers the sources of Astaxanthin, impact of COVID-19 on the market, and the use of the nutraceutical in different application. The report covers the market value for the historic year 2019, followed by the base year 2020, estimated year 2021 and forecast period from 2020 to 2026 for each source, form, application, method of production, and regional markets, and the estimated values are derived from the manufacturers’ total revenues.

The report also includes a discussion of the major players across each of the regional astaxanthin markets; it explains the major market drivers of the global astaxanthin industry, current trends within the industry, major applications, and the regional dynamics of the global astaxanthin market.

The report concludes with a special focus on the vendor landscape, which includes detailed profiles of the major vendors in the Global Astaxanthin Market.

Report Includes

• 41 tables and 49 figures
• An up-to-date analysis of the Global Astaxanthin Market.
• Analyses of the global market trends, with data from 2019, 2020, estimates for 2021, and projections of compound annual growth rates (CAGRs) through 2026.
• Estimation of market size and revenue forecast for global astaxanthin market, and corresponding market share analysis by source, form, application, method of production, and region.
• Highlights of emerging technology trends, gaps and opportunities in the market estimating current and future demand for astaxanthin, identification of the companies that are best positioned to meet this demand.
• In-depth information (facts and figures) concerning market drivers, restraints and other forces affecting the progress of this market.
• Identification of promising new products still in the development and testing stages, and their probability of successful commercial launch within the next five years
• Impact of COVID-19 on the astaxanthin market as compared to overall global economy.
• Insight into the growth development strategies of major astaxanthin manufacturers and their key competitive landscape
• Descriptive company profiles of the leading market participants, including AlgaTechnologies Ltd., Beijing Gingko Group Co. Ltd., East India Distilleries Parry Limited, Fenchem, Inc., Solix Algredients Inc., Fenchem Biotek Ltd., and others.

Summary

Astaxanthin is a natural form of nutraceuticals which are found in aquatic species mostly which are red in color. The astaxanthin is used to avert the occurrence of several chronic diseases and also delaying the process of aging. Apart from this, astaxanthin is also used in improving the health of the patient. Astaxanthin is mainly found from either natural or synthetic sources. Some of the examples of natural sources are yeast, krill/shrimp, microalgae, and others. These are widely used as a photoprotective, antioxidant in various medical fields.

Astaxanthin content in the body usually depends upon the patient living style and nutrition uptake so, the content could vary from one individual to another. Haematococcus pluvialis gathers the highest levels of natural astaxanthin.