Astaxanthin Market -Market Size, Share & Industry Trends, Growth Analysis Report By Product Type, By Consumption and Forecast 2019 - 2025


DescriptionTable of ContentList of TablesList of Figures
Introduction
Astaxanthin Market was valued at USD XX Billion in 2019 and is projected to reach USD XX billion by 2025, at a CAGR of XX% from 2020-2025. Astaxanthin is a chemical found naturally in plants & animals. The demand for Astaxanthin is increasing due to its various functions & end use applications. The market is driven by growing health awareness among consumers. Thus companies are offering Astaxanthin products for various applications such as functional foods, beverages, dietary supplements, animal nutrition & personal care. Astaxanthin is a potential antioxidant that protects human cells from inflammation & oxidation. These properties of Astaxanthin helps in reducing muscle pain & joint pains for consumers suffering from chronic arthritis. Significant technological advancement is a key driving factor for this market. Natural Astaxanthin accounts for the largest market share from the past few years. In conclusion, growing awareness about the product among healthcare professionals, existence of large population suffering from nutritional deficiency are some key factors propelling market growth.
Geographical Overview
At a global level, the Asia Pacific region dominated the market share in this industry. China is a key manufacturer with technologically advanced operating facilities. Whereas, North America region is considered the fastest-growing region with key players adopting expansion strategy in this region to gain maximum market share in the coming years. China and India are offering ample opportunities for the growth of Astaxanthin Market with its high population base. Europe is considered as the major market for great quality of Astaxanthin.





Segmental Overview
Astaxanthin Market is segmented as per below specifications -  
By Source: 
• Plant
• Yeast & Microbes
• Marine
• Petroleum
By Application:
• Feed Supplements
• Food
• Cosmetics
By Form:
• Dry
• Liquid

Competitor Analysis
Astaxanthin Market has presence of some of the key major players across globe which includes
• BASF SE
• Cyanotech Corporation
• Otsuka Pharmaceutical Co. ltd
• Valensa International
• Fuji Chemical Industries Co.
• Divis laboratories Ltd.

These key players are concentrating its efforts on the continuous product improvement with innovative initiatives to have an edge over other competitors. Further, to garner maximum market share, companies are adopting merger/ acquisition/ partnership and maintaining strong distribution networks strategies.  


By Geographical Locations: 
• North America
o U.S.
o Canada
• Europe
o U.K.
o France
o Italy
o Germany
o Spain
o Russia & CIS
o Rest of Europe
• Asia-Pacific
o China 
o India
o Japan
o South Korea
o ASEAN
o Rest of Asia Pacific 
• Latin America
o Brazil
o Argentina
o Rest of LATAM
• Middle East & Africa
o UAE
o South Africa
o Rest of MEA
Highlights of the report
What is Astaxanthin Market?
Who all are key market players in the industry?
How the Parent Industry is growing?
Where are the key opportunities for new market entrant?
A comprehensive analysis, which covers key growth factors across the value chain
Recent developments in market
Granular Market Segmentation 
Market size projection based on Historical & current market trends 
Market share analysis and key strategies adopted by leadingPlayers
Production Cost & Sensitivity Analysis
Country Level Market Analysis of Top 16 countries
Data Driven Decision Recommendations