Astaxanthin Market Trends, Size, Growth and Forecast to 2028

1. Astaxanthin Market Market Size Worth $4.06 Billion By 2028 | CAGR: 15.1%

2. Astaxanthin Market Size Worth $4.06 Billion By 2028 “According to Polaris Market Research report, Astaxanthin is one of the rapidly evolving industry and the global Astaxanthin Market is estimated to reach $4.06 Billion By 2028 registering a healthy CAGR of 15.1% over the forecast period 2021 to 2028” The global Astaxanthin Market is driven by certain key factors such as technological innovation in the Astaxanthin industry, favorable regulatory scenario encouraging market players to develop new products, and efforts by manufacturers to boost the adoption of their offerings. Additionally, industry players are working on business expansion to target untapped markets and managing to deliver their products & services worldwide to augment their revenues. Astaxanthin Market Report Scope: The research report covers the segmentation of the Astaxanthin Market based on Source, Product, Application and region. Analysis of each of the segments projects the snapshot of the market over the forecast years includes the inclination of the market revenue, prevailing patterns, and emerging trends. Increasing consumer awareness regarding products coupled with a rise in disposable income is projected to propel the growth of the Astaxanthin Market over the forecast period. - 2 -

3. Astaxanthin Market Size Worth $4.06 Billion By 2028 By Source By Product By Application By Region •Natural •Dried algae meal or Biomass •Oil •Softgel •Liquid •Others •Nutraceuticals •Cosmetics •Aquaculture & Animal Feed •Others •North America (U.S., Canada) oYeast oKrill/Shrimp oMicroalgae oOthers •Synthetic •Europe (France, Germany, UK, Italy, Spain, Netherlands, Austria) •Asia Pacific (Japan, China, India, Malaysia, Indonesia, South Korea) •Latin America (Brazil, Mexico, Argentina) •Middle East & Africa (Saudi Arabia, UAE, Israel, South Africa) Browse Detailed Research Report On Astaxanthin Market Analysis: https://www.polarismarketresearch.com/industry-analysis/astaxanthin-market Regional Outlook North America is anticipated to witness a significant growth rate with major revenue contribution in the Astaxanthin Market during the forecast period. Major factors influencing the regional market growth include improved infrastructural facilities, positive government initiatives, and the presence of established market players. The Astaxanthin Market in the Asia Pacific region is projected to grow at a substantial rate over the forecast period. The regional growth is attributed to increasing investments by leading companies to bring innovation in Astaxanthin industry and attract a large consumer base from leading economies such as India and China. Gain access to our latest research report that includes a detailed analysis of the COVID-19 pandemic influencing the Astaxanthin market and how market players devising effective strategies to mitigate the effect of the pandemic: https://www.polarismarketresearch.com/industry-analysis/astaxanthin-market/speak-to-analyst - 3 -

4. Astaxanthin Market Size Worth $4.06 Billion By 2028 Competitive Landscape According to Polaris Market Research, the key players with a considerable market share in the Astaxanthin Market include (staxanthin are Cyanotech Corporation; Solix Algredients, JX Nippon Oil and Energy Corporation; IGENE Biotechnology, Inc.; Micro AS; Beijing Gingko Group (BGG); BlueOcean NutraSciences, Inc.; Fuji Chemical Industry Co., Ltd.; Algae Health Sciences, Fenchem; EID-Parry (India) Ltd.; and Algatechnologies). Companies are focusing on R&D activities and strategic collaborations to improve their product portfolio and increase consumer base. Adoption of the latest technologies and product advancement is the key strategy adopted by leading market players. Request for sample: https://www.polarismarketresearch.com/industry-analysis/astaxanthin- market/request-for-sample Table of Contents 1.Introduction 1.1.Report Description 1.1.1.Objectives of the Study 1.1.2.Market Scope 1.1.3.Assumptions 1.2.Stakeholders 2.Executive Summary 2.1.Market Highlights 3.Research Methodology 3.1.Overview 3.1.1.Data Mining 3.2.Data Sources 3.2.1.Primary Sources 3.2.2.Secondary Sources 4.Astaxanthin Market Insights 4.1.Astaxanthin – Industry Snapshot 4.2.Astaxanthin Market Dynamics 4.2.1.Drivers and Opportunities 4.2.1.1. 4.2.1.2. 4.2.2.Restraints and Challenges Growing consumer preference of dietary supplements High demand for natural antioxidants - 4 -

5. Astaxanthin Market Size Worth $4.06 Billion By 2028 4.2.2.1. High price of the product 4.3.Porter’s Five Forces Analysis 4.3.1.Bargaining Power of Suppliers (Moderate) 4.3.2.Threats of New Entrants: (Low) 4.3.3.Bargaining Power of Buyers (Moderate) 4.3.4.Threat of Substitute (Moderate) 4.3.5.Rivalry among existing firms (High) 4.4.PESTLE Analysis 4.5.Astaxanthin Market Industry trends 5.Astaxanthin Market Assessment by Source 5.1.Key Findings 5.2.Introduction 5.2.1.Global Astaxanthin Market, By Source, 2016 – 2028 (USD Million) 5.3.Natural 5.3.1.Global Astaxanthin Market, by Natural, by Region, 2016 – 2028 (USD Million) 5.3.2.Yeast 5.3.2.1. Global Natural Astaxanthin Market, by Yeast, 2016 – 2028 (USD Million) 5.3.3.Krill/Shrimp 5.3.3.1. Global Natural Astaxanthin Market, by Krill/Shrimp, 2016 – 2028 (USD Million) 5.3.4.Microalgae 5.3.4.1. Global Natural Astaxanthin Market, by Microalgae, 2016 – 2028 (USD Million) 5.3.5.Others 5.3.5.1. Global Natural Astaxanthin Market, by Others, 2016 – 2028 (USD Million) 5.4.Synthetic 5.4.1.Global Astaxanthin Market, by Synthetic, by Region, 2016 – 2028 (USD Million) 6.Global Astaxanthin Market, by Product 6.1.Key Findings 6.2.Introduction 6.2.1.Global Astaxanthin Market, By Product, 2016 – 2028 (USD Million) 6.3.Dried algae meal or Biomass 6.3.1.Global Astaxanthin Market, by Dried algae meal or Biomass, By Region, 2016 – 2028 (USD Million) 6.4.Oil 6.4.1.Global Astaxanthin Market, by Oil, by Region, 2016 – 2028 (USD Million) 6.5.Softgel 6.5.1.Global Astaxanthin Market, by Softgel, by Region, 2016 – 2028 (USD Million) 6.6.Liquid 6.6.1.Global Astaxanthin Market, by Liquid, by Region, 2016 – 2028 (USD Million) 6.7.Others - 5 -

6. Astaxanthin Market Size Worth $4.06 Billion By 2028 6.7.1.Global Astaxanthin Market, by Other Products, by Region, 2016 – 2028 (USD Million) 7.Astaxanthin Market Assessment by Application 7.1.Key Findings 7.2.Introduction 7.2.1.Global Astaxanthin Market, By Application, 2016 – 2028 (USD Million) 7.3.Nutraceuticals 7.3.1.Global Astaxanthin Market, by Nutraceuticals, by Region, 2016 – 2028 (USD Million) 7.4.Cosmetics 7.4.1.Global Astaxanthin Market, by Cosmetics, by Region, 2016 – 2028 (USD Million) 7.5.Aquaculture & Animal Feed 7.5.1.Global Astaxanthin Market, by Aquaculture & Animal Feed, by Region, 2016 – 2028 (USD Million) 7.6.Others 7.6.1.Global Astaxanthin Market, by Other Applications, by Region, 2016 – 2028 (USD Million) 8.Astaxanthin Market Assessment by Geography 8.1.Key findings 8.2.Introduction 8.2.1.Astaxanthin Market Assessment, By Geography, 2016 – 2028 (USD Million) 8.3.Astaxanthin Market – North America 8.3.1.North America: Astaxanthin Market, By Source, 2016 – 2028 (USD Million) 8.3.2.North America: Astaxanthin Market, By Product, 2016 – 2028 (USD Million) 8.3.3.North America: Astaxanthin Market, By Application, 2016 – 2028 (USD Million) 8.3.4.Astaxanthin Market – U.S. 8.3.4.1. U.S.: Astaxanthin Market, By Source, 2016 – 2028 (USD Million) 8.3.4.2. U.S.: Astaxanthin Market, By Product, 2016 – 2028 (USD Million) 8.3.4.3. U.S.: Astaxanthin Market, By Application, 2016 – 2028 (USD Million) 8.3.5.Astaxanthin Market – Canada 8.3.5.1. Canada: Astaxanthin Market, By Source, 2016 – 2028 (USD Million) 8.3.5.2. Canada: Astaxanthin Market, By Product, 2016 – 2028 (USD Million) 8.3.5.3. Canada: Astaxanthin Market, By Application, 2016 – 2028 (USD Million) 8.4.Astaxanthin Market – Europe 8.4.1.Europe: Astaxanthin Market, By Source, 2016 – 2028 (USD Million) 8.4.2.Europe: Astaxanthin Market, By Product, 2016 – 2028 (USD Million) 8.4.3.Europe: Astaxanthin Market, By Application, 2016 – 2028 (USD Million) 8.4.4.Astaxanthin Market – UK 8.4.4.1. UK: Astaxanthin Market, By Source, 2016 – 2028 (USD Million) 8.4.4.2. UK: Astaxanthin Market, By Product, 2016 – 2028 (USD Million) 8.4.4.3. UK: Astaxanthin Market, By Application, 2016 – 2028 (USD Million) - 6 -

7. Astaxanthin Market Size Worth $4.06 Billion By 2028 8.4.5.Astaxanthin Market – France 8.4.5.1. France: Astaxanthin Market, By Source, 2016 – 2028 (USD Million) 8.4.5.2. France: Astaxanthin Market, By Product, 2016 – 2028 (USD Million) 8.4.5.3. France: Astaxanthin Market, By Application, 2016 – 2028 (USD Million) 8.4.6.Astaxanthin Market – Germany 8.4.6.1. Germany: Astaxanthin Market, By Source, 2016 – 2028 (USD Million) 8.4.6.2. Germany: Astaxanthin Market, By Product, 2016 – 2028 (USD Million) 8.4.6.3. Germany: Astaxanthin Market, By Application, 2016 – 2028 (USD Million) 8.4.7.Astaxanthin Market – Italy 8.4.7.1. Italy: Astaxanthin Market, By Source, 2016 – 2028 (USD Million) 8.4.7.2. Italy: Astaxanthin Market, By Product, 2016 – 2028 (USD Million) 8.4.7.3. Italy: Astaxanthin Market, By Application, 2016 – 2028 (USD Million) 8.4.8.Astaxanthin Market – Spain 8.4.8.1. Spain: Astaxanthin Market, By Source, 2016 – 2028 (USD Million) 8.4.8.2. Spain: Astaxanthin Market, By Product, 2016 – 2028 (USD Million) 8.4.8.3. Spain: Astaxanthin Market, By Application, 2016 – 2028 (USD Million) 8.4.9.Astaxanthin Market – Netherlands 8.4.9.1. Netherlands: Astaxanthin Market, By Source, 2016 – 2028 (USD Million) 8.4.9.2. Netherlands: Astaxanthin Market, By Product, 2016 – 2028 (USD Million) 8.4.9.3. Netherlands: Astaxanthin Market, By Application, 2016 – 2028 (USD Million) 8.4.10.Astaxanthin Market – Austria 8.4.10.1. Austria: Astaxanthin Market, By Source, 2016 – 2028 (USD Million) 8.4.10.2. Austria: Astaxanthin Market, By Product, 2016 – 2028 (USD Million) 8.4.10.3. Austria: Astaxanthin Market, By Application, 2016 – 2028 (USD Million) 8.5.Astaxanthin Market – Asia-Pacific 8.5.1.Asia Pacific: Astaxanthin Market, By Source, 2016 – 2028 (USD Million) 8.5.2.Asia Pacific: Astaxanthin Market, By Product, 2016 – 2028 (USD Million) 8.5.3.Asia Pacific: Astaxanthin Market, By Application, 2016 – 2028 (USD Million) 8.5.4.Astaxanthin Market – China 8.5.4.1. China: Astaxanthin Market, By Source, 2016 – 2028 (USD Million) 8.5.4.2. China: Astaxanthin Market, By Product, 2016 – 2028 (USD Million) 8.5.4.3. China: Astaxanthin Market, By Application, 2016 – 2028 (USD Million) 8.5.5.Astaxanthin Market – India 8.5.5.1. India: Astaxanthin Market, By Source, 2016 – 2028 (USD Million) 8.5.5.2. India: Astaxanthin Market, By Product, 2016 – 2028 (USD Million) 8.5.5.3. India: Astaxanthin Market, By Application, 2016 – 2028 (USD Million) 8.5.6.Astaxanthin Market – Malaysia 8.5.6.1. Malaysia: Astaxanthin Market, By Source, 2016 – 2028 (USD Million) 8.5.6.2. Malaysia: Astaxanthin Market, By Product, 2016 – 2028 (USD Million) 8.5.6.3. Malaysia: Astaxanthin Market, By Application, 2016 – 2028 (USD Million) - 7 -

8. Astaxanthin Market Size Worth $4.06 Billion By 2028 8.5.7.Astaxanthin Market – Japan 8.5.7.1. Japan: Astaxanthin Market, By Source, 2016 – 2028 (USD Million) 8.5.7.2. Japan: Astaxanthin Market, By Product, 2016 – 2028 (USD Million) 8.5.7.3. Japan: Astaxanthin Market, By Application, 2016 – 2028 (USD Million) 8.5.8.Astaxanthin Market – Indonesia 8.5.8.1. Indonesia: Astaxanthin Market, By Source, 2016 – 2028 (USD Million) 8.5.8.2. Indonesia: Astaxanthin Market, By Product, 2016 – 2028 (USD Million) 8.5.8.3. Indonesia: Astaxanthin Market, By Application, 2016 – 2028 (USD Million) 8.5.9.Astaxanthin Market – South Korea 8.5.9.1. South Korea: Astaxanthin Market, By Source, 2016 – 2028 (USD Million) 8.5.9.2. South Korea: Astaxanthin Market, By Product, 2016 – 2028 (USD Million) 8.5.9.3. South Korea: Astaxanthin Market, By Application, 2016 – 2028 (USD Million) 8.6.Astaxanthin Market – Middle East & Africa 8.6.1.Middle East & Africa: Astaxanthin Market, By Source, 2016 – 2028 (USD Million) 8.6.2.Middle East & Africa: Astaxanthin Market, By Product, 2016 – 2028 (USD Million) 8.6.3.Middle East & Africa: Astaxanthin Market, By Application, 2016 – 2028 (USD Million) 8.6.4.Astaxanthin Market – Saudi Arabia 8.6.4.1. Saudi Arabia: Astaxanthin Market, By Source, 2016 – 2028 (USD Million) 8.6.4.2. Saudi Arabia: Astaxanthin Market, By Product, 2016 – 2028 (USD Million) 8.6.4.3. Saudi Arabia: Astaxanthin Market, By Application, 2016 – 2028 (USD Million) 8.6.5.Astaxanthin Market – UAE 8.6.5.1. UAE: Astaxanthin Market, By Source, 2016 – 2028 (USD Million) 8.6.5.2. UAE: Astaxanthin Market, By Product, 2016 – 2028 (USD Million) 8.6.5.3. UAE: Astaxanthin Market, By Application, 2016 – 2028 (USD Million) 8.6.6.Astaxanthin Market – Israel 8.6.6.1. Israel: Astaxanthin Market, By Source, 2016 – 2028 (USD Million) 8.6.6.2. Israel: Astaxanthin Market, By Product, 2016 – 2028 (USD Million) 8.6.6.3. Israel: Astaxanthin Market, By Application, 2016 – 2028 (USD Million) 8.6.7.Astaxanthin Market – South Africa 8.6.7.1. South Africa: Astaxanthin Market, By Source, 2016 – 2028 (USD Million) 8.6.7.2. South Africa: Astaxanthin Market, By Product, 2016 – 2028 (USD Million) 8.6.7.3. South Africa: Astaxanthin Market, By Application, 2016 – 2028 (USD Million) 8.7.Astaxanthin Market – Latin America 8.7.1.Latin America: Astaxanthin Market, By Source, 2016 – 2028 (USD Million) 8.7.2.Latin America: Astaxanthin Market, By Product, 2016 – 2028 (USD Million) 8.7.3.Latin America: Astaxanthin Market, By Application, 2016 – 2028 (USD Million) 8.7.4.Astaxanthin Market – Mexico 8.7.4.1. Mexico: Astaxanthin Market, By Source, 2016 – 2028 (USD Million) 8.7.4.2. Mexico: Astaxanthin Market, By Product, 2016 – 2028 (USD Million) 8.7.4.3. Mexico: Astaxanthin Market, By Application, 2016 – 2028 (USD Million) - 8 -

9. Astaxanthin Market Size Worth $4.06 Billion By 2028 8.7.5.Astaxanthin Market – Brazil 8.7.5.1. Brazil: Astaxanthin Market, By Source, 2016 – 2028 (USD Million) 8.7.5.2. Brazil: Astaxanthin Market, By Product, 2016 – 2028 (USD Million) 8.7.5.3. Brazil: Astaxanthin Market, By Application, 2016 – 2028 (USD Million) 8.7.6.Astaxanthin Market – Argentina 8.7.6.1. Argentina: Astaxanthin Market, By Source, 2016 – 2028 (USD Million) 8.7.6.2. Argentina: Astaxanthin Market, By Product, 2016 – 2028 (USD Million) 8.7.6.3. Argentina: Astaxanthin Market, By Application, 2016 – 2028 (USD Million) 9.Competitive Landscape 9.1.Expansion and Acquisition Analysis 9.1.1.Expansion 9.2.Partnerships/Collaborations/Agreements/Exhibitions 10.Company Profiles 10.1. Cyanotech Corporation 10.1.1.Company Overview 10.1.2.Financial Performance 10.1.3.Product/Services Benchmarking 10.1.4.Recent Development 10.2. Solix Algredients 10.2.1.Company Overview 10.2.2.Financial Performance 10.2.3.Product/Services Benchmarking 10.2.4.Recent Development 10.3. JX Nippon Oil and Energy Corporation 10.3.1.Company Overview 10.3.2.Financial Performance 10.3.3.Product/Services Benchmarking 10.3.4.Recent Development 10.4. IGENE Biotechnology, Inc. 10.4.1.Company Overview 10.4.2.Financial Performance 10.4.3.Product/Services Benchmarking 10.4.4.Recent Development 10.5. Micro AS 10.5.1.Company Overview 10.5.2.Financial Performance 10.5.3.Product/Services Benchmarking 10.5.4.Recent Development 10.6. Beijing Gingko Group (BGG) 10.6.1.Company Overview - 9 -

10. Astaxanthin Market Size Worth $4.06 Billion By 2028 10.6.2.Financial Performance 10.6.3.Product/Services Benchmarking 10.6.4.Recent Development 10.7. BlueOcean NutraSciences, Inc. 10.7.1.Company Overview 10.7.2.Financial Performance 10.7.3.Product/Services Benchmarking 10.7.4.Recent Development 10.8. Fuji Chemical Industry Co., Ltd. 10.8.1.Company Overview 10.8.2.Financial Performance 10.8.3.Product/Services Benchmarking 10.8.4.Recent Development 10.9. Algae Health Sciences 10.9.1.Company Overview 10.9.2.Financial Performance 10.9.3.Product/Services Benchmarking 10.9.4.Recent Development 10.10. Fenchem 10.10.1. Company Overview 10.10.2. Financial Performance 10.10.3. Product/Services Benchmarking 10.10.4. Recent Development Access Press Release on Astaxanthin Market: https://www.polarismarketresearch.com/press- releases/astaxanthin-market About Polaris Market Research Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for our clientele spread across different enterprises. We at Polaris are obliged to serve our diverse customer base present across the industries of healthcare, technology, semi-conductors and chemicals among various other industries present around the world. We strive to provide our customers with updated information on innovative technologies, high growth markets, emerging business environments and latest business-centric applications, thereby helping them always to make informed decisions and leverage new opportunities. Adept with a highly competent, experienced and extremely qualified team of experts comprising SMEs, analysts and consultants, we at Polaris endeavor to deliver value-added business solutions to our customers. E mail Id: sales@polarismarketresearch.com Web: www.polarismarketresearch.com - 10 -

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