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The global Astaxanthin market was valued at US$ 178 million in 2023 and is anticipated to reach US$ 341 million by 2030, witnessing a CAGR of 9.4% during the forecast period 2024-2030.
Global core astaxanthin manufacturers include Royal DSM N.V., Cyanotech Corporation, Fuji Chemical Industries Co., Ltd., BASF and BGG. The top five manufacturers account for approximately 68% of the global market share.
From a production perspective, Europe is the largest anthocyanin production region in the world, accounting for nearly 56% of the market share. The second and third places are China and North America, accounting for 23% and 15% respectively.
In terms of product type, natural astaxanthin is the largest market segment, accounting for more than 70% of the market. At the same time, in terms of application, feed is the largest application field, accounting for 55% of the market.
Report Scope
This report aims to provide a comprehensive presentation of the global market for Astaxanthin, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Astaxanthin.
The Astaxanthin market size, estimations, and forecasts are provided in terms of sales volume (Kg) and revenue ($ millions), considering 2021 as the base year, with history and forecast data for the period from 2017 to 2028. This report segments the global Astaxanthin market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Astaxanthin manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
By Company
Royal DSM N.V.
Cyanotech Corporation
Fuji Chemical Industries Co., Ltd.
BASF
Algalíf Iceland ehf.
BGG
Atacama Bio Natural Products S.A.
Yunnan Alphy Biotech Co., Ltd.
Piveg, Inc.
Zhejiang NHU Company Ltd.
ENEOS Techno Materials Corporation
Jingzhou Natural Astaxanthin, Inc.
AlgaTechnologies Ltd.
Algamo s.r.o.
Parry Nutraceuticals
Biogenic Co., Ltd.
Segment by Type
Natural Astaxanthin
Synthetic Astaxanthin
Segment by Application
Feed
Nutraceuticals & Medical
Cosmetics
Food & Beverages
Consumption by Region
North America
U.S.
Canada
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Europe
Germany
France
U.K.
Italy
Russia
Latin America
Mexico
Brazil
Argentina
Middle East and Africa
Turkey
Saudi Arabia
U.A.E
Core Chapters
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Astaxanthin manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Sales, revenue of Astaxanthin in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 7: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 8: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 9: The main points and conclusions of the report.
Global core astaxanthin manufacturers include Royal DSM N.V., Cyanotech Corporation, Fuji Chemical Industries Co., Ltd., BASF and BGG. The top five manufacturers account for approximately 68% of the global market share.
From a production perspective, Europe is the largest anthocyanin production region in the world, accounting for nearly 56% of the market share. The second and third places are China and North America, accounting for 23% and 15% respectively.
In terms of product type, natural astaxanthin is the largest market segment, accounting for more than 70% of the market. At the same time, in terms of application, feed is the largest application field, accounting for 55% of the market.
Report Scope
This report aims to provide a comprehensive presentation of the global market for Astaxanthin, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Astaxanthin.
The Astaxanthin market size, estimations, and forecasts are provided in terms of sales volume (Kg) and revenue ($ millions), considering 2021 as the base year, with history and forecast data for the period from 2017 to 2028. This report segments the global Astaxanthin market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Astaxanthin manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
By Company
Royal DSM N.V.
Cyanotech Corporation
Fuji Chemical Industries Co., Ltd.
BASF
Algalíf Iceland ehf.
BGG
Atacama Bio Natural Products S.A.
Yunnan Alphy Biotech Co., Ltd.
Piveg, Inc.
Zhejiang NHU Company Ltd.
ENEOS Techno Materials Corporation
Jingzhou Natural Astaxanthin, Inc.
AlgaTechnologies Ltd.
Algamo s.r.o.
Parry Nutraceuticals
Biogenic Co., Ltd.
Segment by Type
Natural Astaxanthin
Synthetic Astaxanthin
Segment by Application
Feed
Nutraceuticals & Medical
Cosmetics
Food & Beverages
Consumption by Region
North America
U.S.
Canada
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Europe
Germany
France
U.K.
Italy
Russia
Latin America
Mexico
Brazil
Argentina
Middle East and Africa
Turkey
Saudi Arabia
U.A.E
Core Chapters
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Astaxanthin manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Sales, revenue of Astaxanthin in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 7: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 8: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 9: The main points and conclusions of the report.
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
