Title: Astaxanthin Market - Industry Insights, Drivers, Top Trends, Global Analysis And Forecast to 2026
1Astaxanthin Market - Industry Insights, Drivers,
Top Trends, Global Analysis And Forecast to 2026
Astaxanthin Market By Product Type (Aematococcus
pluvialis microalgae Astaxanthin, Synthetic
Astaxanthin, Astaxanthin rich paracoccus
bacteria, Natural Astaxanthin), Production
Technology (Chemical Synthesis, Bacterial
Fermentation), Application (Dietary Supplements,
Food Beverages, Cosmetics, Animal Health
Aquaculture), Geography (North America, South
America, Europe, Asia-Pacific, Middle East and
Africa) Industry Trends and Forecast to 2026
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2Report Description
Global astaxanthin market is expected to
registering a substantial CAGR of 7.9 during the
forecast period of 2019-2026. Increasing demand
for anti-aging products and skin care products in
cosmetic industry helps the market to grow
substantially. Astaxanthin is a red pigment, a
naturally occurring carotenoid that contains
antioxidant effect extracted and purified from
Haematococcus algae. These pigments can play a
role in treatment of degenerative diseases and
aging issues. In modern society, the healthcare
problems are increasing worldwide due to various
factors such as stress, irregular lifestyle,
unbalance diet smoking are contributing
factors. So to prevent such health issues,
various companies are involves in providing
astaxanthin because of its benefits. It is used
in different industries such as cosmetic, food,
agricultural and others.
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3Major Key Players
- Some of the major players operating in this
market are - Oryza Oil Fat Chemical Co., Ltd
- Algatech LTD
- NOW Foods Pond Tech.
- Algalif Iceland ehf.
- Cyanotech Corporation
- AlgaeCan Biotech Ltd.
- Cardax, Inc
- Fuji Chemical Industries Co., Ltd.,
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astaxanthin-market
4Market Segmentation
- By Product Type (Aematococcus pluvialis
microalgae Astaxanthin, Synthetic Astaxanthin,
Astaxanthin rich paracoccus bacteria, Natural
Astaxanthin) - By Production Technology (Chemical Synthesis,
Bacterial Fermentation) - By Application (Dietary Supplements, Food
Beverages, Cosmetics, Animal Health Aquaculture)
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5Regional Analysis
- Based on geography, the market is segmented into
five geographical regions - North America
- Europe
- Asia-Pacific
- South America
- Middle East
- Africa
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