#Astaxanthin Market Regional Insights
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Astaxanthin Market Forecast: Growth, Trends, and Opportunities
The global astaxanthin market was valued at USD 2.34 billion in 2023 and is projected to expand at a compound annual growth rate (CAGR) of 17.1% from 2024 to 2030. This growth is largely driven by the increasing demand for astaxanthin across various sectors, including aquaculture, animal feed, nutraceuticals, cosmetics, pharmaceuticals, and food and beverages.
Astaxanthin is a powerful antioxidant commonly used as a food ingredient in the aquaculture industry, especially for species such as prawns, salmon, trout, and ornamental fish. It enhances the coloration of these aquatic animals, which in turn increases their commercial value. Beyond its cosmetic effects, astaxanthin offers several health benefits for aquatic species. It helps improve stress tolerance, promotes better growth, boosts immune-related gene expressions, supports reproductive capacity, enhances survival rates, and increases disease resistance. Due to these benefits, major companies are intensifying their focus on product development and forming collaborative agreements to cater to the growing demand for astaxanthin in aquaculture.
The astaxanthin market is also characterized by significant innovation, with companies developing new formulations and sustainable production methods to meet the evolving market needs. A notable example of such innovation is Sirio Europe (SIRIO), which, in August 2023, announced plans to introduce two new softgel products targeted at the pharmaceutical sector during the CPHI Barcelona 2023 event. These new products represent a step toward diversifying the application of astaxanthin in different industries.
Additionally, the market is seeing considerable merger and acquisition (M&A) activity among leading companies. In January 2022, ENEOS Corporation made a strategic acquisition of Ecocert Inputs Attestation, a globally recognized certification organization. This move strengthens ENEOS' position in the astaxanthin market, particularly for its product Panaferd-AX. The merger underscores ENEOS' commitment to maintaining high-quality standards and meeting international certifications, which further supports the growth of the astaxanthin market.
Gather more insights about the market drivers, restrains and growth of the Astaxanthin Market
Regional Insights:
North America Astaxanthin Market Trends
North America is currently the largest market for astaxanthin, accounting for 36.53% of the global market share in 2023. The region’s demand for astaxanthin is largely driven by the rising prevalence of nutrition-related and skin-related health issues. Moreover, North America is home to major players such as Cyanotech, Piveg, Inc., and Beijing Ginko Group (BGG), as well as synthetic astaxanthin producers like Cardax, Inc.. These companies are expected to drive continued market growth throughout the forecast period. The region also benefits from a large consumer base that is increasingly health-conscious, coupled with a growing adoption of nutraceuticals and a well-established cosmeceutical industry. These factors collectively fuel the increasing demand for astaxanthin products in North America.
Asia Pacific Astaxanthin Market Trends
Asia Pacific, on the other hand, is expected to experience the fastest growth in the astaxanthin market over the forecast period. This growth is supported by increasing production capacities, higher research and development (R&D) expenditures, and strong economic growth in the region. Countries in the Asia Pacific are becoming key manufacturing hubs for astaxanthin, with several companies ramping up production to meet regional demand.
India
In India, the growing prominence of natural ingredients is contributing to the rising popularity of astaxanthin. For example, BodyFirst Wellness Nutrition, an Indian nutraceutical company, launched its range of products both nationwide and internationally after a successful market test. The company has already established a solid presence in North India through partnerships with 15 distributors. Its official launch aims for broader reach, including collaboration with 100 more distributors across India and expanding its global presence through online platforms. The launch highlights the increasing adoption of traditional, natural ingredients, such as ashwagandha and astaxanthin, in India’s burgeoning nutraceutical market.
Browse through Grand View Research's Category Pharmaceuticals Industry Research Reports.
• The global celiac disease treatment market size was valued at USD 582.5 million in 2023 and is projected to grow at a CAGR of 11.8% from 2024 to 2030.
• The global food allergy treatment market size was estimated at USD 6.87 billion in 2024 and is projected to grow at a CAGR of 8.27% from 2025 to 2030.
Key Companies & Market Share Insights:
The astaxanthin market features several key players, including Algatech Ltd., Cyanotech Corporation, and ALGAMO. These companies are enhancing their market positions by expanding into new geographical regions to increase their market share. Additionally, they are focusing on securing market approvals for innovative products aimed at addressing various health conditions.
Emerging players in the market are adopting strategies such as collaborations with research institutes and academic organizations to innovate and bring new products to market. These collaborations are helping to drive forward both product development and the establishment of new contracts, positioning these companies for future growth. Furthermore, the agility of emerging market players allows them to adapt quickly to changing market demands and technological advancements, making them more flexible than their larger, established counterparts.
Key Astaxanthin Companies:
• Algatech Ltd
• MicroA
• Cyanotech Corporation
• Algalíf Iceland ehf
• Beijing Gingko Group (BGG)
• PIVEG, Inc.
• Fuji Chemical Industries Co., Ltd
• ENEOS Corporation
• Atacama Bio Natural Products S.A.
• E.I.D. – Parry (India) Limited (Alimtec S.A., Valensa International)
Order a free sample PDF of the Astaxanthin Market Intelligence Study, published by Grand View Research.
#Astaxanthin Market#Astaxanthin Market Analysis#Astaxanthin Market Report#Astaxanthin Market Regional Insights
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Astaxanthin Market: Applications and Regional Insights During the Forecasted Period 2024 to 2034
According to Future Market Insights (FMI), global astaxanthin sales are estimated to be worth USD 273.2 million in 2024. The market is expected to reach USD 665.0 million by 2034. It is projected to surge at a CAGR of 9.3% in the forecast period 2024 to 2034.
Astaxanthin’s increasing demand is driven by its use in aquaculture, animal feed, nutraceuticals, cosmetics, pharmaceuticals, and food & beverages industries. It is widely used as a food ingredient for prawns and fish to enhance coloration and commercial value.
Astaxanthin benefits aquatic animals by increasing stress tolerance, performance, immune-related gene expressions, reproductive capacity, survival, and disease resistance. The market is expected to rise due to the consistent demand from the food industry, where astaxanthin is used as a food additive due to its health benefits, such as anti-inflammatory effects and prevention of cardiovascular diseases. Studies have shown that astaxanthin is set to prevent photo-aging, improve sleep, minimize obesity, protect the vocal cord, combat depression, and increase sperm motility.
Natural alternatives are gaining traction due to a number of factors, including greater awareness of the harmful effects of chemicals and expanding usage of synthetic ingredients in topical & culinary items. As a result, leading companies are implementing tactics, including the introduction of new products and alliances with key manufacturers in several sectors to boost the market share of natural astaxanthin-based products.
Information Source: https://www.futuremarketinsights.com/reports/astaxanthin-market
Key Takeaways from the Astaxanthin Market Report:
The global astaxanthin market is expected to reach a valuation of US$ 665.0 million by 2034.
Japan is projected to hold a dominant value share of 3.5% by 2034.
The United States astaxanthin market is projected to reach a valuation of US$ 177.6 million by 2034.
India’s astaxanthin market is projected to reach US$ 43.0 million by 2034.
Germany is set to hold a dominant value share of 4.1% by 2034.
“The astaxanthin market is experiencing innovation as dietary lutein becomes a potential substitute in the market. Leading companies are incorporating lutein-rich sources into formulations, highlighting a trend toward diversification. They are also exploring alternative natural compounds.” – says a lead analyst at Future Market Insights (FMI).
Competitive Landscape
BASF SE, Divi’s Laboratories Ltd., Cyanotech Corporation, DSM N.V., Parry Nutraceuticals, and JXTG Nippon Oil & Energy Corporation are key astaxanthin manufacturers listed in the report. Leading companies are concentrating on broadening their portfolios by launching new products. They also use strategies such as advertisements, partnerships, acquisitions, agreements, and mergers to stay relevant in the market.
For instance,
In 2020, BGG declared two key extensions of its farm capacity of astaxanthin as the company has seen a surge in its astaxanthin sales lately.
Key Companies Profiled
BASF SE
Divi’s Laboratories Ltd.
Cyanotech Corporation
DSM N.V
Parry Nutraceuticals
JXTG Nippon Oil & Energy Corporation
Fuji Chemical Industries Co., Ltd.
Kunming Biogenic Co., Ltd.
Valensa International Global
Kailu Ever Brilliance Biotechnology Co. Ltd.
Algalif Iceland Ehf
Zhejiang NHU Co., Ltd.
Atacama Bio Natural Products S.A., Inc.
AstaReal Inc
Fenchem Biotek Ltd.
Igene Biotechnology, Inc.
BGG (Beijing Gingko Group)
Cardax, Inc.
Algatechnologies Ltd.
Algaecan Biotech Ltd.
Otsuka Pharmaceutical Co., Ltd.
Yunnan Alphy Biotech Co., Ltd.
INNOBIO Corporation Limited.
Sinoway Industrial Co., Ltd.
KDI Ingredients
Get More Valuable Insights
Future Market Insights (FMI), in its new offering, provides an unbiased analysis of the global astaxanthin market, presenting historical demand data (2019 to 2023) and forecast statistics for the period from 2024 to 2034.
The study incorporates compelling insights on the astaxanthin market based on species type (haematococcus pluvialis, chlorococcum, chlorella zofingiensis), production technology (chemical synthesis, natural extraction), form (tablets, soft gel capsules, powder, liquid), grade (>=98%, 95%-97%, <=94%), application (aquaculture, dietary supplements, food & beverages, personal care & cosmetics, pet food), and region.
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Carotenoids Market Size, Share, Types, Products, Trends, Growth, Applications and Forecast 2023 to 2030
The Carotenoids market was valued at USD 1.63 billion in 2021 and is expected to reach USD 2.19 billion by the year 2028, at a CAGR of 4.3%.
The carotenoids market encompasses a wide range of industries, from food and beverages to pharmaceuticals and cosmetics. Carotenoids are natural pigments responsible for the vibrant colors seen in many fruits and vegetables, and they also have antioxidant properties that offer various health benefits. The food and beverage industry is a significant consumer of carotenoids, using them as natural colorants to enhance the visual appeal of products. They are added to a variety of food items, including juices, dairy products, snacks, and confectionery, to impart shades of red, orange, and yellow. With consumers increasingly favoring natural ingredients over synthetic ones, the demand for carotenoids in this sector is expected to remain strong.
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Leading players involved in the Carotenoids Market include:
Allied Biotech, BASF SE, Dohler GmbH, FMC Corporation, Sensient Technologies, Chr Hansen Holdings A/S, Kemin Industries, Algatech Tech, Novus International Inc., DDW The Color House, Lycored Ltd, Fuji Chemical Industry Co. Ltd., E.I.D. Parry, Divi's Laboratories, Farbest Brands, Deinove SAS and others Major Players.
Updated Version 2024 is available our Sample Report May Includes the:
Scope For 2024
Brief Introduction to the research report.
Table of Contents (Scope covered as a part of the study)
Top players in the market
Research framework (structure of the report)
Research methodology adopted by Worldwide Market Reports
Moreover, the report includes significant chapters such as Patent Analysis, Regulatory Framework, Technology Roadmap, BCG Matrix, Heat Map Analysis, Price Trend Analysis, and Investment Analysis which help to understand the market direction and movement in the current and upcoming years.
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Segmentation of Carotenoids Market:
By Type
Astaxanthin
Beta-Carotene
Canthaxanthin
Capsanthin
Others
By Source
Synthetic
Natural
By Application
Animal Feed
Food & Beverages
Personal Care & Cosmetics
Dietary Supplements
Pharmaceuticals
An in-depth study of the Carotenoids industry for the years 2023–2030 is provided in the latest research. North America, Europe, Asia-Pacific, South America, the Middle East, and Africa are only some of the regions included in the report's segmented and regional analyses. The research also includes key insights including market trends and potential opportunities based on these major insights. All these quantitative data, such as market size and revenue forecasts, and qualitative data, such as customers' values, needs, and buying inclinations, are integral parts of any thorough market analysis.
Market Segment by Regions: -
North America (US, Canada, Mexico)
Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
Western Europe (Germany, UK, France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
Asia Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)
Middle East & Africa (Turkey, Bahrain, Kuwait, Saudi Arabia, Qatar, UAE, Israel, South Africa)
South America (Brazil, Argentina, Rest of SA)
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Access a detailed breakdown of the Carotenoids Market Growth 2023-2030 market worldwide, including product variations, use cases, technologies, and final consumers. Allocate resources effectively by anticipating demand patterns for emerging products. Stay ahead in product development by understanding market dynamics and consumer preferences.
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Analyze primary drivers, challenges, restrictions, and opportunities in the global Laboratory Clothes market. Develop effective strategies by gaining insights into market dynamics. Allocate resources based on a thorough understanding of market conditions.
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Obtain a detailed analysis of competitors and their key tactics in the Carotenoids Market Growth 2023-2030. Plan market positioning based on a comprehensive understanding of the competitive landscape. Stay ahead by learning from competitors’ strengths and weaknesses.
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Evaluate the accuracy of global Carotenoids Market Growth 2023-2030 business forecasts across regions, major countries, and top enterprises. Make data-driven decisions with confidence, minimizing risks associated with inaccurate forecasts. Stay ahead of industry trends by aligning business strategies with reliable forecasts.
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#Carotenoids#Carotenoids Market#Carotenoids Market Size#Carotenoids Market Share#Carotenoids Market Growth#Carotenoids Market Trend#Carotenoids Market segment#Carotenoids Market Opportunity#Carotenoids Market Analysis 2022#US Carotenoids Market#Carotenoids Market Forecast#Carotenoids Industry#Carotenoids Industry Size#china Carotenoids Market#UK Carotenoids Market
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Carotenoids
In 2019, the global carotenoids market is valued at approximately US$ 1.73 billion, accompanied by a volume estimate of 1,750 metric tons. This substantial figure is propelled by the increasing demand for additives and dyes within the food and beverage, as well as animal feed segments. The animal feed sector claims the largest revenue share, contributing 45.3%, closely followed by the food and beverages segment at 37.4%. Anticipated to experience significant growth, the adoption of carotenoids in the dietary supplement market is gaining traction. This growth is fueled by a rising awareness of the health benefits associated with carotenoids, serving as potent antioxidants capable of enhancing immune function and promoting eye health.
As of 2019, synthetic carotenoids hold the dominant position in the global market, valued at approximately US$ 1.3 billion. However, the natural carotenoids segment is poised for remarkable growth over the next five years, driven by a growing preference for organic and plant-based products. Various companies are actively engaged in research and development endeavors to introduce innovative products that cater to a diverse range of applications.
Global Carotenoids Market Regional Overview:
In 2019, the carotenoids market in Europe secures its dominance, commanding over 41.2% of the global revenue share, closely trailed by North America with 26.9%.
The Asia Pacific carotenoids market is estimated at US$ 401.4 million in 2019 and is expected to exhibit the highest growth rate during the forecast period.
Global Top 10 Carotenoids Manufacturers Analysis, Insights, and Trends:
BASF SE and Koninklijke DSM N.V. jointly account for over 50% of the global market revenue in 2019. Leading players in the industry are actively introducing new products to meet the growing demand for carotenoids in diverse segments such as food and beverage, pharmaceuticals, and animal feed.
In March 2019, Kemin Industries introduced 'Organic KEM GLO' to its carotenoids product range, specifically targeting egg producers. This product is designed to enhance the color of egg yolks.
In November 2018, Deinove SAS announced plans to develop a new carotenoid for cosmetic applications.
In August 2018, BASF SE launched 'Lucantin NXT' in the EU 28 market, replacing ethoxyquin (EQ) as a stabilizer.
The top 10 global carotenoids companies in 2019 are:
BASF SE
Koninklijke DSM N.V.
Archer Daniels Midland Company
Hansen Holding A/S
Cyanotech Corporation
Naturex SA
Cyanotech Corporation (mentioned twice)
Adama Agricultural Solutions Ltd.
FMC Corporation
DDW, The Color House
Research Scope:
By Product Type:
Beta-Carotene
Lutein
Lycopene
Astaxanthin
Canthaxanthin
Others
By Application:
Food and Beverages
Dietary Supplement
Animal Feed
Cosmetics
Pharmaceuticals
Others
By Source:
Natural
Synthetic
The global carotenoids market is experiencing robust growth, propelled by the escalating demand in various sectors. The shift towards natural carotenoids, coupled with continuous innovation from industry leaders, is shaping the landscape. The Asia Pacific region, in particular, is expected to be a significant contributor to the market's expansion. As consumers increasingly seek organic and plant-based alternatives, the carotenoids market is poised for further evolution.
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Algae Elegance: Analyzing Market Share Dynamics in the Astaxanthin Industry
The global astaxanthin market is experiencing significant growth, propelled by increasing awareness of its health benefits and applications across diverse industries. This press release provides insights into the market size, current trends, future growth prospects, application insights, and a snapshot of the competitive landscape through comprehensive market analysis.
The natural segment, which held the largest revenue share in 2022, is anticipated to grow at a rapid CAGR (17.9%) during the forecast period owing to advantages such as high efficacy and sustainability.
Free Sample Copy of This Report at: https://www.econmarketresearch.com/request-sample/EMR0020
Market Size and Trends:
The astaxanthin market is witnessing robust growth, driven by a surge in demand for natural antioxidants and nutritional supplements. Recent market assessments project the market size to reach 1,942.12 by 2022, showcasing a strong compound annual growth rate (17.9). Key trends shaping the market include:
Rising Demand in Nutraceuticals: Astaxanthin's antioxidant properties make it a sought-after ingredient in nutraceuticals, contributing to its popularity as a natural supplement for health and wellness.
Expanding Applications in Aquaculture: The aquaculture industry is increasingly incorporating astaxanthin in fish feed to enhance the pigmentation of salmon and trout, meeting consumer preferences for vibrant and naturally colored seafood.
Skin Care and Cosmetics Boom: Astaxanthin's benefits in promoting skin health and anti-aging have led to its inclusion in skincare and cosmetic products, driving growth in the beauty industry.
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Future Growth Prospects:
The astaxanthin market's future looks promising, with various factors contributing to sustained growth. Anticipated future growth drivers include:
Increased Functional Food Applications: Astaxanthin is expected to find broader applications in functional foods and beverages, as consumers seek natural ingredients that offer health benefits beyond traditional supplements.
Pharmaceutical and Therapeutic Uses: Ongoing research on astaxanthin's potential therapeutic applications, including anti-inflammatory and neuroprotective properties, is likely to open new avenues in the pharmaceutical industry.
Growing Demand in Animal Feed: The demand for naturally derived pigments in animal feed is expected to drive continued growth in the use of astaxanthin in the aquaculture and poultry industries.
Application Insights:
Astaxanthin's versatility contributes to its widespread use across diverse applications. Key application insights include:
Dietary Supplements: Astaxanthin is a popular supplement, recognized for its antioxidant properties, cardiovascular health benefits, and support for joint and skin health.
Aquaculture: The use of astaxanthin in fish and shrimp feed enhances pigmentation, contributing to the appealing color of seafood products and meeting market demand.
Cosmetics and Skincare: Astaxanthin is gaining popularity in skincare and cosmetics due to its potential to protect against UV damage, reduce signs of aging, and promote overall skin health.
Competitive Landscape and Regional Analysis:
The astaxanthin market features a competitive landscape with key players at the forefront of innovation. Major companies in the market include [insert major companies], investing in research and development to meet evolving consumer preferences.
Regionally, Asia-Pacific dominates the astaxanthin market, with China being a major producer and exporter. North America and Europe are also significant markets, driven by increasing consumer awareness of the health benefits of astaxanthin.
In conclusion, the astaxanthin market is thriving as a natural powerhouse for health and wellness, influencing diverse industries with its versatile applications. As the industry continues to grow, collaborations, research advancements, and consumer education will remain crucial for sustained success.
Full Report: https://www.econmarketresearch.com/industry-report/astaxanthin-market/
Segments Covered in the Report
By Source Type
Natural
Others
Microalgae
Krill/Shrimp
Yeast
Synthetic
By Product Type
Dried Algae Meal Or Biomass
Oil
Softgel
Liquid
Others
By Application
Nutraceuticals
Cosmetics
Aquaculture And Animal Feed
Food
Functional Foods and Beverages
Other Traditional Food Manufacturing Applications
Others
Regional Outlook
Asia Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
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Fishmeal & Fish Oil Market 2022 Global Industry Demand, Sales, Suppliers, Analysis, Size, Share, Strategies For Forecast 2032
Future Market Insights (FMI) has projected the fishmeal and fish oil market size to total USD 6 Bn in 2022. Demand for fishmeal and fish oil is expected to grow at 6.0% CAGR, boosting the overall consumption to USD 12 Bn over the assessment period, from 2022 to 2032.
The production of fishmeal and fish oil is projected to expand moderately in the coming years, due to better application of by-products from the fish processing industry, and the development of other raw material sources like algae, krill, and insects. The growing aquaculture industry will be the main driver behind the market.
Fish oils are mainly extracted from fishes such as salmon, anchovy, and trout. These fishes are rich in astaxanthin and carotenoids that have diverse utilization in pharmaceutical industries. The essential omega 3 fatty acids are primarily extracted from fish oils. Fish oil also finds increasing application in the pharmaceutical industry raw material for making medicines.
Fishmeal is a natural fertilizer and an excellent source of nutrients for gardens, lawns, and farms. Hence, the agricultural application of fishmeal products is envisaged to be one of the main drivers of the fishmeal and fish oils market.
Key Takeaways from the market
Future Market Insights (FMI) report has projected the fishmeal and fish oil market size to total USD 6 Bn in 2022.
From 2001 to 2010, the average yearly fishmeal production was around 5.5 million tonnes, while from 2011 to 2020 it was around 5 million tonnes. The production of fish oil by volume amounts to between 0.8 and 1.3 million tonnes a year.
In 2019, 68% of global utilization of fish oils was for aquaculture, i.e. around 610,000 tonnes of fish oil.
Nearly 71% of fish oil consumption in aquaculture was used to feed salmon and trout.
Peruvian fisheries, the largest volume-wise in the world have seen an upward tick in catches hence satisfying the rising demand for fishmeal.
Fitness enthusiasts and athletes frequently consume fish oil for their omega-3 needs. Rising awareness about the aforementioned health benefits of fish oil will aid in the overall expansion of the market in the coming years.
Regionally, Western Europe has emerged as a leading market for fishmeal and fish oils. The market will also witness lucrative growth opportunities in the Asia Pacific.
Competitive Landscape
Key market players have adopted expansion and investments as key strategies to expand their presence in the fishmeal & fish oil market. Their growth strategies will enable growth in the market in the coming years.
The global fish and seafood industry is undergoing a transformation with big firms and government organizations linking with smaller fisheries at both inter and intra-region levels. These collaborations have opened the scope for increased demand for the aquatic feed additives market. This in turn will propel demand in the fishmeal and fish oil market. Furthermore, the rising use of fish oil in health supplements will ensure attractive prospects of growth for the market.
The fishmeal and fish oil market is slightly fragmented, diversified, and competitive with various small and mid-sized firms active which are strategically involved in consistent research and development and product innovations. The fishmeal & fish oil market in every region has witnessed the development of business units, subsidiaries, and research centers sponsored by key players. A few key players are Croda International Plc, The Scoular Company, FMC Corporation, Pelagia, GC Rieber Oils, Oceana Group Limited, Austevoll Seafood ASA, and Omega Protein Corporation.
The global Fishmeal & Fish Oil market is segmented in detail to cover every aspect of the market and present complete market intelligence to readers.
Source:
Salmon & Trout
Marine Fish
Crustaceans
Tilapia
Carps
Others
Application:
Aquaculture & Aquatic Feeds
Land Animal Feeds and Livestock
Agriculture and Fertilizers
Pharmaceuticals
Dietary Supplements
Others
Region:
North America
Latin America
Europe
East Asia
South Asia
Oceania
Middle East & Africa
#Fishmeal & Fish Oil Market#Fishmeal & Fish Oil Market Analysis#Fishmeal & Fish Oil Research Report#Fishmeal & Fish Oil
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What is Astaxanthin ?
Global Astaxanthin Market Outlook
“Astaxanthin Market size is projected to reach USD 985.7 Million units by 2027 from an estimated USD 565.1 Million unit in 2019, growing at a CAGR of 8.5% globally.”
Astaxanthin Market applies the most effective of each primary and secondary analysis to weigh upon the competitive landscape and also the outstanding market players expected to dominate Astaxanthin Market place for the forecast 2022-2028.
Astaxanthin Market Insights:
Astaxanthin refers to that a reddish-brown pigment, belonging to a group of chemicals known as the xanthophyll category of carotenoids. It generally occurs naturally in some algae and lends the red or pink color in trout, salmon, shrimps, lobsters, and other seafood. A short while ago, yeast/fungi-based and synthetic astaxanthin have also received remarkably fame. Moreover, Astaxanthin stability was evaluated in different carriers and storage environments. Astaxanthin was obtained from Haematococcus and its stability in different edible oils was governed. Astaxanthin was immovable or secure at 70–90 °C in rice bran, gingelly, and palm oils with 84%–90% of retention of astaxanthin content which can be utilized in food and beverages, aquaculture and animal feed, pharmaceutical and nutraceutical applications, whereas astaxanthin content was brought down at 120 and 150 °C. Furthermore, astaxanthin is generally consumed orally and helps cure various chronic ailments. It has been highly employed to treat Alzheimer's disease, Parkinson's disease, liver malfunctions, high cholesterol, and macular degeneration. Numerous astaxanthin drugs have immense the market in recent years. Apart from this astaxanthin has also been widely utilized to treat heart diseases, strokes, and male infertility.
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The global Astaxanthin market provides qualitative and quantitative information on growth rate, market segmentation, market size, future trends and regional prospects. The research study represents a modern perspective aimed at securing the future potential of the Astaxanthin market. This report analyzes and evaluates the latest prospects for the new retail space, as well as the general and future market performance of Covid-19. In addition, this report provides a detailed overview of competition between some industries and others.
Astaxanthin Market - Size, Competitive Landscape and Segmentation Analysis:
Astaxanthin Market Reports provide a high-level overview of market segments by product type, applications, leading key players, and regions, as well as market statistics. The research insights focus on the impact of the Covid-19 epidemic on performance and offers a thorough examination of the current market and market dynamics. This crucial understanding of the report's objective can help you make better strategic decisions about investment markets by assessing elements that may affect current and future market circumstances. The leading key players in the Global and Regional market are summarized in a research to understand their future strategies for growth in the market.
Top Company Profiles Include in this Astaxanthin Market report:
BASF SE,BGG,Cyanotech Corporation,DSM,Fenchem,Lycored,Piveg,Algae to Omega,Wellgreen Technology,Cardax,INNOBIO,ALGA Technologies,Algix,EID-Parry Ltd,IGENE Biotechnology,MicroA AS,JX Nippon Oil,Energy Corporation,Astareal Inc.,Kunming biogenic,Divis Laboratories ltd.,Otsuka Pharmaceuticals,Others
Objectives of the Study:
· To forecast the size of the market segments with respect to 4 main regions, namely, North America, Europe, Asia Pacific (APAC)
· To provide detailed information regarding the major factors influencing the growth of the Home (drivers, restraints, opportunities, and challenges)
· To analyze each submarket with respect to individual growth trends, prospects, and contribution to the total market
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Segmentation Of Astaxanthin Market:
In market segmentation by Type , the Astaxanthin Market report covers:
Synthetic,Natural Yeast,Krill/Shrimp Microalgae Plants Marine Others (Yeast,Krill/Shrimp, Microalgae,Plants,Marine, Others),Yeast,Krill/Shrimp, Microalgae,Plants,Marine, Others
In market segmentation by Applications, the Astaxanthin Market report covers:
Food And Beverages,Agriculture,Aquaculture &Animal Feed,Pharmaceuticals & Nutraceuticals,Dietary Supplements,Personal Cares And Cosmetics And,Others
Market Segment by Regions and Countries Level Analysis:
· North America (U.S., Canada, Mexico, Rest of U.S)
· Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
· Asia-Pacific (China, India, Japan, Southeast Asia, Rest of APAC)
· Middle East & Africa (GCC Countries, South Africa, Rest of MEA)
· South America (Brazil, Argentina, Rest of South America)
Scope Of The Astaxanthin Market Research Report
Report Metric
Details
Market size available for years
2022-2028
Base year considered
2021
Forecast period
2022-2028
Forecast units
Million (USD)
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Global Carotenoids Market Analysis and Segment Forecasts To 2028 |Allied Biotech, BASF SE, Dohler GmbH
Carotenoids are pigments in plants, algae, and photosynthetic bacteria. Plants, vegetables, and fruits with these pigments have vivid yellow, red, and orange hues. Carotenoids function as an antioxidant in humans. Carotenoids come in over 600 distinct varieties. Carotenoids inhibit the destruction of collagen, elastin, and fibrillin by shielding the skin from harmful free radicals.
The global Carotenoids market provides qualitative and quantitative information on the growth rate, market segmentation, market size, future trends, and regional prospects. The research study represents a modern perspective aimed at securing the future potential of the Aerospace Carbon Fiber market. This report analyses and evaluates the latest prospects for the new retail space, as well as the general and future market performance of Covid-19. In addition, this report provides a detailed overview of competition between some industries and others.
Carotenoids Market size is projected to reach USD 2.1 Billion units by 2027 from an estimated USD 1.5 Billion units in 2019, growing at a CAGR of 4.3% globally.
Carotenoids Market - Size, Competitive Landscape, and Segmentation Analysis:
Carotenoids Market Reports provide a high-level overview of market segments by product type, applications, leading key players, and regions, as well as market statistics. The research insights focus on the impact of the Covid-19 epidemic on performance and offer a thorough examination of the current market and market dynamics. This crucial understanding of the report's objective can help you make better strategic decisions about investment markets by assessing elements that may affect current and future market circumstances. The leading key players in the Global and Regional market are summarized in research to understand their future strategies for growth in the market.
Key Prominent Players in The Carotenoids Market:
Allied Biotech
BASF SE
Dohler GmbH
FMC Corporation
Sensient Technologies
Chr Hansen Holdings A/S
Kemin Industries
Algatech Tech
Novus International Inc.
DDW The Color House
Lycored Ltd
Deinove SAS
Market segmentation
The Carotenoids market is segmented by type and application. Growth between segments over the period 2022-2028 provides accurate calculations and forecasts of revenue by type and application in terms of volume and value. This analysis can help you expand your business by targeting eligible niches.
Carotenoids Market Segment by Types, Estimates, and Forecast by 2028
Astaxanthin, Beta-Carotene, Canthaxanthin, Capsanthin, Zeaxanthin, Lutein, Lycopene
Carotenoids Market Segment by Applications, Estimates, and Forecast by 2028
Food and Beverages, Animal Feed, Personal Care And Cosmetics, Dietary Supplements, Pharmaceuticals
Regional Analysis for COVID-19 Outbreak-Global Carotenoids Market:
APAC (Japan, China, South Korea, Australia, India, and Rest of APAC)
Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe)
North America (U.S., Canada, and Mexico)
South America (Brazil, Chile, Argentina, Rest of South America)
MEA (Saudi Arabia, UAE, South Africa)
Covid-19 Impact and Recovery Analysis on Industry:
We've kept track of Covid-19's direct impact on this market as well as its indirect impact on other industries. During the analysis period, the impact of the Covid-19 pandemic on the market is predicted to be significant. From a worldwide and regional viewpoint, this report examines the influence of the pandemic on the Carotenoids industry. The study categorizes the Carotenoids industry by type, application, and consumer sector to determine market size, market features, and market growth. It also includes a thorough examination of the factors that influenced market development before and after the Covid-19 pandemic. In addition, the research did a pest analysis in the sector to investigate major influencers and entrance obstacles.
Carotenoids Report provides insights into the following queries:
1.Market growth rate and growth momentum of Carotenoids market for the period 2022-2028 2. The estimated size of the Carotenoids market for the period 2022-2028 3. Sales (volume), revenue, and value analysis by regions of the Carotenoids market 4. The associated market risk, opportunity, and market overview of the Carotenoids market 5. Major distributors, dealers, end-users, and traders of the Carotenoids market?
This study conducts a SWOT analysis to evaluate the strengths and weaknesses of key players in the Carotenoids market. Additionally, the report performs a complex inspection of drivers and restraints operating in the market. The report also evaluates the observed trends in the parent market along with macroeconomic indicators, dominant factors and market attractiveness in relation to other segments. The report forecasts the impact of various industry aspects on the Carotenoids market segments and regions.
Key Reasons to Invest In Carotenoids Market Report:
To provide a complete structure and a basic overview of the Carotenoids industry market.
To provide insights into important Carotenoids aspects such as growth trajectory, CAGR value, market share, and revenue analysis.
Assess growth opportunities, threats, market drivers, and associated risks.
To understand the global Carotenoids market competition by analysing the top business people along with market profiles, import/export details, revenue, profit, and market shares.
Indicate pricing structure, import/export details, supply chain analysis, SWOT analysis to facilitate key decision-making process.
Analysing emerging Carotenoids market segments and sub-segments to drive ultimate growth, investment analysis, and future growth opportunities.
Understand sources of knowledge, intended research methodology, and important conclusions.
Tables of Contents
Chapter 1: Introduction
1.1 Research Objectives
1.2 Research Methodology
1.3 Research Process
1.4 Scope and Coverage
1.5 Base Year
1.6 Market Segmentation
1.6.1 Market Segmentation by Type
1.6.2 Market Segmentation by Application
1.6.3 Market Segmentation by Geography
Chapter 2: Executive Summary
Chapter 3: Market Overview
Chapter 4: Growth Opportunities by Segment
Chapter 5: Market Landscape
5.1 Porter’s Five Forces Analysis
5.2 Industry Value Chain Analysis
5.3 Market Dynamics
5.4 Pestle Analysis
5.5 Technological Roadmap
5.6 Regulatory Landscape
5.7 Swot Analysis
5.8 Patent Analysis
5.9 Analysis of The Impact of Covid-19
Chapter 6: Carotenoids Market by Type (2022-2028)
Chapter 7 Carotenoids Market Size Market by Application (2022-2028)
Chapter 8 Company Profiles and Competitive Analysis
Chapter 9: Global Carotenoids Market by Region
Chapter 10: Analyst Viewpoint and Conclusion
Chapter 11: Adjacent Market
#Global Carotenoids Market Analysis#Global Carotenoids Market size#Global Carotenoids Market growth#Global Carotenoids industry#Global Carotenoids industry size
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Astaxanthin Market May Set a New Epic Growth Story | BASF SE (Germany), Alga Technologies (Israel), Otsuka Holdings Co. Ltd (Japan)
Market Scope
Market Research Future (MRFR) projects the Astaxanthin Market Share to record a healthy expansion rate of 7.7% between 2018 and 2026 (evaluation period). The market size is anticipated to touch USD 1,206.52 Million by 2026.
Growth Inducers and Challenges
People growing aware of the importance of nutrition for leading a healthy lifestyle along with the rising demand for dietary supplements to avoid incurrence of significant hospitalization costs can be a key growth booster for the astaxanthin market. Astaxanthin is a natural antioxidant that safeguard human cells from oxidation and inflammation. It has anti-inflammatory benefits that help reduce pain in joints, tendons and muscles in patients that deal with chronic arthritis. Basically, the escalating cases of diseases like cardiovascular diseases, diabetes, cognitive health issues and cancer can bolster the market size in the ensuing years.
Frequent technological innovations and the rising adoption of low-cost advanced technologies during manufacturing of astaxanthin should also foster business growth. Other than the practical advantages of astaxanthin, its demand is also soaring in view of surging advancements in culture conditions backed by natural processes, omics technologies, and new sources.
To get more info: https://www.marketresearchfuture.com/press-release/astaxanthin-market
Segmental Review
Source, form and application are the top segments that have been considered in the MRFR report.
The key sources of astaxanthin are natural and synthetic. The natural sources studied in the report are yeast & microbes, plants and marine. The natural source segment captured the biggest share in 2019 and will project a higher growth over the analysis period. This can be due to the mounting consumer awareness about food safety and the resultant surge in the preference for natural ingredients.
Depending on form, the global market can be considered for dry as well as liquid. The dry form of astaxanthin notes significant demand in the production of capsules, sports nutrients, feed supplements, tablets, and more. As a result, the segment has taken the lead in the global industry. Meanwhile, the liquid form segment should exhibit better growth in the upcoming period.
Key applications of astaxanthin are pharmaceutical and nutraceuticals, food and beverage, personal care, animal feed, and more. Astaxanthin’s applications in the animal feed sector are quite extensive, which is why the segment has been dominating the global market since 2019. Astaxanthin acts as an animal feed additive in the aquaculture industry. MRFR expects the animal feed segment to touch USD 718.5 million by 2026-end. On the other hand, the food & beverages segment can project the fastest growth over the assessment period.
Top Companies
BASF SE (Germany), Alga Technologies (Israel), Otsuka Holdings Co. Ltd (Japan), Koninklijke DSM N.V. (Netherlands), Cardax Inc. (US), Beijing Gingko Group (China), Fuji Chemical Industries Co. Ltd (Japan), Fenchem (China), Cyanotech Corporation (US), Archer-Daniels-Midland Company (US), are some of the top manufacturers of astaxanthin in the global market.
Regional Insight
Since 2019, Asia Pacific has remained the market leader with the biggest share of 32.39% in the astaxanthin industry. China market is set to gain considerable grounds as astaxanthin’s applications in animal feed are witnessing exponential growth in the country. Increased support from the government in the form of funding for the aquaculture sector in line with rising see food consumption also induce major growth in the region. China accommodates a vast pool of affluent firms that have technically advanced manufacturing facilities, such as BGG and InnoBio, which also adds to the market value.
Europe is brimming with opportunities and is viewed as an attractive location for manufacturers, in view of the escalating intake of nutraceuticals or functional beverages. Astaxanthin has been gaining traction in aquaculture, backed immensely by the government as well as the green light increasingly being given by prominent regulation bodies such as European Food Safety Agency.
North America stands as a highly profitable market for astaxanthin and has remained so since 2019. The US stands at the vanguard of the North American market, while Canada is making rapid progress at the same time. Astaxanthin market America, especially US, benefits largely from the soaring number of awareness programs introduced by various non-profit organizations, combined with the existence of a humungous pool of renowned players. The thriving cosmetic industry and its emergence as a key end-user in the region also facilitates market demand.
Recent Updates
October 2020 – Lubrizol Life Science Health has introduced ASTAGILE microcapsules, its latest organic, sustainable astaxanthin that is microencapsulated with spirulina. The product fosters mental agility and also facilitates healthy ageing among young as well as senior adults.
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Astaxanthin Market Segmentation and Competitive Analysis Report 2024 - 2030
The global astaxanthin market size was valued at USD 2.34 billion in 2023 and is expected to grow at a compound annual growth rate (CAGR) of 17.1% from 2024 to 2030.
Growing demand for astaxanthin is being fueled by its increasing use in various industries, including aquaculture, animal feed, nutraceuticals, cosmetics, pharmaceuticals, and food and beverages, among others. It is widely used as a food ingredient for prawns and fishes such as salmon, trout, & ornamental fishes to enhance their coloration and increase commercial value. Other benefits for aquatic animals include growth in stress tolerance, performance, immune-related gene expressions, reproductive capacity, improvement in survival, and disease resistance. Major players are focusing on new product developments and collaborative agreements to meet the increasing demand for astaxanthin in aquaculture.
Additionally, presence of organizations that actively promote awareness regarding diverse applications of these products is expected to further drive market growth. For instance, the Natural Algae Astaxanthin Association (NAXA) plays a key role in promoting, protecting, and educating about the benefits of natural astaxanthin in various end-use applications.The association supports research related to natural astaxanthin and certifies products with NAXA Verification Seal.
Gather more insights about the market drivers, restrains and growth of the Astaxanthin Market
Astaxanthin Market Report Highlights
• Based on product, the dried algae meal or biomass segment accounted for the largest share in 2023 due to the high usage as animal feed and lower cost of production
• The aquaculture & animal feed segment was the highest revenue contributor in 2023. Whereas, the nutraceuticals segment is expected to exhibit the fastest CAGR during the projected period
• The Asia Pacific region is expected to grow at the fastest rate over the forecast period due to the rising investments by market players and increasing research activities in the region
Browse through Grand View Research's Pharmaceuticals Industry Research Reports.
• The global antiarrhythmic drugs market size was valued at USD 1.05 billion in 2023 and is projected to grow at a CAGR of 6.4% from 2024 to 2030.
• The global amyloidosis treatment market size was valued at USD 5.39 billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 7.4% from 2024 to 2030.
Astaxanthin Market Segmentation
Grand View Research has segmented the global astaxanthin market on the basis of source, product, application, and region
Astaxanthin Source Outlook (Revenue, USD Million, 2018 - 2030) (Volumein Metric Tonnes)
• Natural
o Yeast
o Krill/Shrimp
o Microalgae
o Others
• Synthetic
Astaxanthin Product Outlook (Revenue, USD Million, 2018 - 2030)
• Dried Algae Meal or Biomass
• Oil
• Softgel
• Liquid
• Others
Astaxanthin Application Outlook (Revenue, USD Million, 2018 - 2030)
• Nutraceuticals
• Cosmetics
• Aquaculture And Animal Feed
• Food
o Functional Foods And Beverages
o Other Traditional Food Manufacturing Applications
• Others
Astaxanthin Regional Outlook (Revenue, USD Million, 2018 - 2030)
• North America
o U.S.
o Canada
• Europe
o U.K.
o Germany
o France
o Italy
o Spain
o Russia
o Denmark
o Norway
o Sweden
• Asia Pacific
o Japan
o China
o India
o South Korea
o Australia
o Singapore
o Thailand
• Latin America
o Brazil
o Mexico
o Argentina
o Ecuador
• Middle East & Africa
o South Africa
o Saudi Arabia
o UAE
o Israel
o Kuwait
Order a free sample PDF of the Astaxanthin Market Intelligence Study, published by Grand View Research.
#Astaxanthin Market#Astaxanthin Market size#Astaxanthin Market share#Astaxanthin Market analysis#Astaxanthin Industry
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Astaxanthin Market Is Expected To Reach New Growth Revenues During 2021-2028
The global astaxanthin market size is expected to reach USD 4.06 billion by 2028 according to a new study by Polaris Market Research. The report “Astaxanthin Market Share, Size, Trends, Industry Analysis Report, By Source (Natural [Yeast, Krill/Shrimp, Microalgae], Synthetic); By Product (Dried Algae Meal or Biomass, Oil, Softgel, Liquid); By Application (Nutraceuticals, Cosmetics, Aquaculture & Animal Feed); By Regions; Segment Forecast, 2021 – 2028” gives a detailed insight into current market dynamics and provides analysis on future market growth.
Owing to its inflammatory properties it helps in pain reduction in joints, muscles, and tendons in patients suffering from chronic arthritis. Moreover, the rising prevalence of cognitive health disorders, diabetes, and cardiovascular diseases is also expected to favor market growth for astaxanthin. Astaxanthin helps in continuous blood flow in patients suffering from diabetes and high blood pressure.
In 2020, the natural market segment of the astaxanthin industry held the largest share and is likely to grow at a rapid pace over the assessment period. It is produced from naturally produced algae and yeasts and is largely popular in the biotechnology market, owing to its huge demand in pharmaceutical, feed, and nutraceuticals fields. Moreover, high carotenoid content, low maintenance cost, and rising demand for natural food supplements also boosting the market segment demand over the coming years.
Significant advancements in culture conditions, supported with technical abilities of OMICS, and health benefits offered by astaxanthin and carotenoids also fueled the segment’s growth. The growing demand for natural food supplements and negative perception of chemical products also projected to favor its growth. Most of the key players in the market for astaxanthin, such as BGG and Cyanotech, are strongly focusing on innovative technologies such as microalgae cultivation and concerned harvesting procedures.
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Companies operating in the market for astaxanthin 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 in the market for astaxanthin are focusing on innovation to enter into a promising sector. In this line, the Israel-based company, NextFerm Technologies Ltd., introduced AstaFerm. The product is the natural astaxanthin obtained through an innovative yeast fermentation process. This is a potent, odor, flavor-free, and free-flowing material. This is regarded as an effective antioxidant with proven potential towards immune reactions while maintaining faster recovery.
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Polaris Market research has segmented the astaxanthin market report on the basis of source, product, application, and region:
Astaxanthin, Source Outlook (Revenue – USD Million, 2016 – 2028)
Natural
Synthetic
Yeast
Krill/Shrimp
Microalgae
Others
Astaxanthin, Product Outlook (Revenue – USD Million, 2016 – 2028)
Dried Algae Meal or Biomass
Oil
Softgel
Liquid
Others
Astaxanthin, Application Outlook (Revenue – USD Million, 2016 – 2028)
Nutraceuticals
Cosmetics
Aquaculture & Animal Feed
Others
Astaxanthin, by Regional Outlook (Revenue – USD Million, 2016 – 2028)
North America
Europe
Asia Pacific
Central & South America
Middle East & Africa
U.S.
Canada
France
Germany
UK
Italy
Spain
Netherlands
Austria
China
India
Japan
Malaysia
South Korea
Indonesia
Malaysia
Mexico
Brazil
Argentina
UAE
Saudi Arabia
Israel
South Africa
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Carotenoids Market Outlook for Forecast Period (2023 to 2030)
The Carotenoids market was valued at USD 1.63 billion in 2021 and is expected to reach USD 2.19 billion by the year 2028, at a CAGR of 4.3%.
Carotenoids are hydrophilic colorants blended by plants, fungi, algae, and bacteria. In plants, carotenoids contribute to the photosynthetic functions and defense them as anti-photodamage, in addition to supporting the production of phytohormones. As pigments, they are at fault for the red, orange, pink, and yellow colors of the leaves of plants, fruits, vegetables, and some birds, insects, fish, and crustaceans. About 750 types of carotenoids have been recognized in nature, but only about 100 are present in detectable amounts within the human diet. From 30 and 40 carotenoids have been discovered in human blood samples and the six most massive carotenoids are made of around 95% of the carotenoids discovered in blood plasma such as lycopene, lutein, β-carotene, β-cryptoxanthin, α-carotene, and zeaxanthin.
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Leading players involved in the Carotenoids Market include:
Allied Biotech, BASF SE, Dohler GmbH, FMC Corporation, Sensient Technologies, Chr Hansen Holdings A/S, Kemin Industries, Algatech Tech, Novus International Inc., DDW The Color House, Lycored Ltd, Fuji Chemical Industry Co. Ltd., E.I.D. Parry, Divi's Laboratories, Farbest Brands, Deinove SAS and others Major Players.
The latest research on the Carotenoids market provides a comprehensive overview of the market for the years 2023 to 2030. It gives a comprehensive picture of the global Carotenoids industry, considering all significant industry trends, market dynamics, competitive landscape, and market analysis tools such as Porter's five forces analysis, Industry Value chain analysis, and PESTEL analysis of the Carotenoids market. Moreover, the report includes significant chapters such as Patent Analysis, Regulatory Framework, Technology Roadmap, BCG Matrix, Heat Map Analysis, Price Trend Analysis, and Investment Analysis which help to understand the market direction and movement in the current and upcoming years. The report is designed to help readers find information and make decisions that will help them grow their businesses. The study is written with a specific goal in mind: to give business insights and consultancy to help customers make smart business decisions and achieve long-term success in their particular market areas.
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Segmentation of Carotenoids Market:
By Type
Astaxanthin
Beta-Carotene
Canthaxanthin
Capsanthin
Others
By Source
Synthetic
Natural
By Application
Animal Feed
Food & Beverages
Personal Care & Cosmetics
Dietary Supplements
Pharmaceuticals
An in-depth study of the Carotenoids industry for the years 2023–2030 is provided in the latest research. North America, Europe, Asia-Pacific, South America, the Middle East, and Africa are only some of the regions included in the report's segmented and regional analyses. The research also includes key insights including market trends and potential opportunities based on these major insights. All these quantitative data, such as market size and revenue forecasts, and qualitative data, such as customers' values, needs, and buying inclinations, are integral parts of any thorough market analysis.
Market Segment by Regions: -
North America (US, Canada, Mexico)
Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
Western Europe (Germany, UK, France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
Asia Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)
Middle East & Africa (Turkey, Bahrain, Kuwait, Saudi Arabia, Qatar, UAE, Israel, South Africa)
South America (Brazil, Argentina, Rest of SA)
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Gain insights into the global Carotenoids Market Growth 2023-2030 market revenues at global, regional, and national levels until 2030. Assess and strategize market share based on comprehensive analysis, enabling informed decision-making. Identify potential markets for exploration and expansion.
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Access a detailed breakdown of the Carotenoids Market Growth 2023-2030 market worldwide, including product variations, use cases, technologies, and final consumers. Allocate resources effectively by anticipating demand patterns for emerging products. Stay ahead in product development by understanding market dynamics and consumer preferences.
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#Carotenoids#Carotenoids Market#Carotenoids Market Size#Carotenoids Market Share#Carotenoids Market Growth#Carotenoids Market Trend#Carotenoids Market segment#Carotenoids Market Opportunity#Carotenoids Market Analysis 2022#US Carotenoids Market#Carotenoids Market Forecast#Carotenoids Industry#Carotenoids Industry Size#china Carotenoids Market#UK Carotenoids Market
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Red Algae Market- Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2020-2030
Red Algae Market: Outlook
The global red algae market is anticipated to record substantial growth across the forecast period of 2020-2030. The overwhelming applications of red algae may bring tremendous growth prospects for the red algae market. Wellness trends have tightened their grip and have fascinated many individuals around the world. As red algae are used as a dietary supplement, it is expected to observe great growth during the assessment period of 2020-2030 due to the rising popularity of wellness trends.
The utilization of red algae as a prominent skincare ingredient may further boost the growth prospects of the global red algae market. It protects the skin cells against moisture, thus leading to increased skin moisture. Hence, the regular use of red algae as a skincare ingredient helps in obtaining smooth skin.
Red alga, also known as astaxanthin belongs to the Rhodophyta division. This alga derives its red color from the pigment phycoerythrin. They are abundantly found in marine habitats but rare in freshwaters. On the basis of product type, the red algae market can be classified into marine red algae, freshwater red algae, and calcified red algae. This alga is commercially available in powdered and liquid forms.
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The widespread usage of red algae across applications such as animal feed, food and beverages, cosmetics and personal care, pharmaceuticals, and others may bring immense growth prospects for the red algae market.
The study on the red algae market helps the CXOs to bury the barriers of fake information and offers a full analysis of varied segments. The report offers a five-point (emerging trends, competitive landscape, a scrutinized detail of the regions, key players, and latest developments) benefit to the stakeholder. This factor plays an important part in imparting the right information to the stakeholder.
Furthermore, the study pays attention to the effect of the SARS-CoV-2 pandemic and also on the dangers that may hurt the growth of the red algae market. The analysis by the researchers also highlights the opportunities and challenges that the red algae market is anticipated to face between 2020 and 2030.
Red Algae Market: Competitive Insights
The red algae market has numerous players in the fray. These players are always in the pursuit of discovering new insights and developments for launching new red algae-induced products with better efficiency and benefits. Expansion activities are also a top priority of the players in the red algae market. These activities help in exploring untapped opportunities.
Some well-established players in the red algae market are Alga Technologies, TATCHA, LLC., AlgaeCan Biotech Ltd., SIMRIS ALG AB, and Algea.
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Red Algae Market: Health Advantages to Boost Growth
The health benefits attached to the consumption of red algae may serve as a vital growth factor for the red algae market. It helps in reducing cholesterol levels, encourages healthy blood circulation in the body, and also balances the blood sugar levels. Some studies also suggest that red algae help in increasing immunity levels and reduce inflammation. These advantages bode well for the growth of the red algae market.
Red algae play a crucial role in suppressing the growth of cancer cells. The anti-cancer properties of red algae can prove to be a prominent growth factor. All these health benefits accelerate the growth of the red algae market extensively.
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Red Algae Market: Regional Landscape
Europe’s red algae market is expected to dominate the regional landscape between 2020 and 2030. The increasing demand for red algae across various countries in the region may prove to be a vital growth factor. The red algae market in North America may also record considerable growth during the assessment period.
The food and beverages sector has cemented its place among the global populace firmly over the years. This sector attracts considerable investments and subsidies from numerous government and non-government organizations. The trends and popularity regarding specific sub-categories are dynamic and help in structuring the overall growth. The trends are a way of answering the needs of the consumer. The players in the food and beverages sector have to adapt to the changing trends, which helps increase revenue-generation opportunities.
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Natural Astaxanthin Market Research with Regional Growth Opportunity and Trends Forecast 2028
Global Natural Astaxanthin Market, Geography (North America (United States, Canada and Mexico), South America (China, Japan, Korea, India and Southeast Asia), Europe (Germany, France, UK, Russia and Italy), Asia-Pacific (China, Japan, Korea, India and Southeast Asia), Middle East and Africa (Saudi Arabia, Egypt, Nigeria and South Africa)) Industry Trends 2021-2028
<strong>Market Overview</strong> Illustrative analysis of critical sides such as resulting factors and competitive landscape are conveyed with the help of significant resources, such as charts, tables, graphs. The report executes a deep investigation of drivers and restraints operating in the market. The report also evaluates the trends observed in the parent market, along with the macro-economic indicators, prevailing factors, and market appeal according to different segments. The report also estimates the effect of different industrial sides on the Natural Astaxanthin market divisions and regions. The research also divides the Natural Astaxanthin Market on the basis of end-user, product type, application, and demography for the forecast period 2021–2028.
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<strong>Methodology</strong> The conditions influencing the market dynamics are considered and studied and examined to prepare an accurate report. In the report preparation process mainly two types of approaches are made- primary research approach and secondary research approach. In the primary research approach, both the supply and demand chain are interviewed where the supply chain consists of product, opinion leaders, etc. while the demand chain consists of industry experts. The secondary research approach involves various secondary sources like press releases, government agencies, and other commercial aspects of the market.
<strong>Report Summary</strong> Preparing a business report on Natural Astaxanthin is the most important of all information-based writing because most of the business decisions are related to the organization after the evaluation of the situation as per the report. They are responsible for the documentation of the progress of the business and also serve several important purposes. The ability to write reports, quickly, and accurately is one of the key requirements of managers at every level. The reports allow them to convey vital information to subordinates and superiors. . The report on Natural Astaxanthin prepared by us serves as a medium for understanding important business elements at the industrial and managerial level. Our report-making services entail flexible payment modes and budget-friendly rates.
<strong>Market segmentation</strong> The study splits the industry into a variety of sub-segments and thus represents the whole market. In addition, an estimate of the sales figures for the entire industry and its sub-segments are given in this report. It determines the variables that rapidly influence the market, including manufacturing methods and methodologies, channels for growth, and the product model. The report also outlines some of the biggest development opportunities, the introduction of the new products, market prediction, and forecasting, numerous economic factors that are key in deciding the Natural Astaxanthin market pattern, buying decisions, and market attractiveness. The report would help stakeholders such as producers and distributors in finding and capturing high-potential markets. The research also addresses various environmental and regulatory critical factors.
<strong>Growth Mapping</strong> contains reason behind this report is to give a growth map with respect to the activities taken by key participants of the Natural Astaxanthin market like item delivery, joint ventures, influencing the Natural Astaxanthin market and undertaking in general and furthermore influencing the business, import, fare, income and CAGR values. The report conveys the overall current realities about market definition, orders, applications, and commitment for the Natural Astaxanthin market that are basic lead the market. The report moreover combines the overall organization profiles of the top players referred and also reflecting the drivers and limitations of the market with the support of SWOT analysis.
<strong>Top Listed Companies in the Natural Astaxanthin Market Include</strong>
Cyanotech,Yunnan Alphy Biotech,Parry Nutraceuticals,Fuji,Jingzhou Natural Astaxanthin,BGG,Piveg,Biogenic,Algatechnologies,ADM
<strong>Reasons to buy this report:</strong> Learn about the Covid-19 Impact on Natural Astaxanthin market strategies that are being adopted by leading respective organizations. To understand the future outlook and prospects for the market. Besides the standard structure reports, we also provide custom research according to specific requirements. To gain insightful analyses of the research Industry and have a comprehensive understanding of the global Natural Astaxanthin market and its commercial landscape. To understand the future outlook and prospects for the Natural Astaxanthin market with Marketing & Price (Price and Margin, Factors of Price Change, Manufacturers Gross Margin Analysis).
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<strong>Regional Analysis</strong> Different regions of the world such as North America, Latin America, the Asia-Pacific region, Europe, and India, China, and Australia have been analyzed on the basis of various parameters that would benefit the development of the market in the area. It contains the territorial as well as the wide level investigation of the market. It was observed that North America and Asia-pacific countries have shown impressive development opportunities in their region. Asia-Pacific nations due to such a large population in the area could be the prime region for developing a fully flourishing market full of consumer and low-cost labor. However, Europe, being a region of most developed countries seems to be lagging in the survey due to its climatic-driven guidelines which will affect the new settlement of the market.
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<strong>Frequently Asked Questions?</strong> Q1. What is the total market value of the Natural Astaxanthin market report? Q2. What would be the forecast period in the Natural Astaxanthin market report? Q3. What is the base year considered in the Natural Astaxanthin market report? Q4. Which are the top companies hold the market share in the Natural Astaxanthin market ? Q5. Which is expected to be the fastest growing segment in the Natural Astaxanthin market? Q6. Which market holds the maximum market share of the Natural Astaxanthin market ? Q7. How the company profile has been selected? Q8. What will be the market value of the Natural Astaxanthin market in 2028?
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Global Astaxanthin Market Research Report 2021 Professional Edition
The global Astaxanthin market was valued at 95.88 Million USD in 2020 and will grow with a CAGR of 5.35% from 2020 to 2027, based on Our Researcher newly published report.
The prime objective of this report is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).
Astaxanthin is a naturally occurring dark red carotenoid found in nature primarily in aquatic animals such as salmon, trout, krill, shrimp, crayfish, and crustaceans. Astaxanthin is more than just a red pigment, it is one of the most powerful lipophilic antioxidants yet discovered. It has the unique capacity to quench free radicals and reactive species of oxygen and to inhibit lipid peroxidation. Studies have shown natural astaxanthin to be over 500 times stronger than vitamin E and much more potent than other carotenoids such as lutein, lycopene and ?-carotene. Moreover, Astaxanthin a xanthophyll carotenoid, is a nutrient with a unique molecule structure, it does not convert to vitamin a (retinol) and has no ?pro-oxidant? activity.Astaxanthin is famous for strong antioxidant property. Generally, it has two types, Synthetic Astaxanthin and Natural Astaxanthin. price of Synthetic Astaxanthin is higher than that of Synthetic Astaxanthin. In 2018 production of Synthetic Astaxanthin was about 222 MT, with a share of 75%.
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By Market Verdors:
DSM
BASF
Cyanotech
Fuji
BGG
Yunnan Alphy Biotech
Algatechnologies
Parry Nutraceuticals
Jingzhou Natural Astaxanthin
JX Nippon Oil& Energy
Supreme Biotechnologies
Biogenic
Zhejiang NHU
By Types:
Natural Astaxanthin
Synthetic Astaxanthin
By Applications:
Nutraceuticals
Cosmetics
Food & Beverages
Feed
Key Indicators Analysed
Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market?s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.
Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.
Market Trends: Market key trends which include Increased Competition and Continuous Innovations.
Opportunities and Drivers: Identifying the Growing Demands and New Technology
Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.
Key Reasons to Purchase
To gain insightful analyses of the market and have comprehensive understanding of the global market and its commercial landscape.
Assess the production processes, major issues, and solutions to mitigate the development risk.
To understand the most affecting driving and restraining forces in the market and its impact in the global market.
Learn about the market strategies that are being adopted by leading respective organizations.
To understand the future outlook and prospects for the market.
Besides the standard structure reports, we also provide custom research according to specific requirements.
Get the Complete Report & TOC @ https://www.grandresearchstore.com/life-sciences/global-astaxanthin-2021-690
Table of content
1 Report Overview 1.1 Study Scope 1.2 Key Market Segments 1.3 Players Covered: Ranking by Astaxanthin Revenue 1.4 Market Analysis by Type 1.4.1 Global Astaxanthin Market Size Growth Rate by Type: 2021 VS 2027 1.4.2 Natural Astaxanthin 1.4.3 Synthetic Astaxanthin 1.5 Market by Application 1.5.1 Global Astaxanthin Market Share by Application: 2022-2027 1.5.2 Nutraceuticals 1.5.3 Cosmetics 1.5.4 Food & Beverages 1.5.5 Feed 1.6 Study Objectives 1.7 Years Considered 1.8 Overview of Global Astaxanthin Market 1.8.1 Global Astaxanthin Market Status and Outlook (2016-2027) 1.8.2 North America 1.8.3 East Asia 1.8.4 Europe 1.8.5 South Asia 1.8.6 Southeast Asia 1.8.7 Middle East 1.8.8 Africa 1.8.9 Oceania 1.8.10 South America 1.8.11 Rest of the World 2 Market Competition by Manufacturers 2.1 Global Astaxanthin Production Capacity Market Share by Manufacturers (2016-2021) 2.2 Global Astaxanthin Revenue Market Share by Manufacturers (2016-2021) 2.3 Global Astaxanthin Average Price by Manufacturers (2016-2021) 2.4 Manufacturers Astaxanthin Production Sites, Area Served, Product Type 3 Sales by Region 3.1 Global Astaxanthin Sales Volume Market Share by Region (2016-2021) 3.2 Global Astaxanthin Sales Revenue Market Share by Region (2016-2021) 3.3 North America Astaxanthin Sales Volume 3.3.1 North America Astaxanthin Sales Volume Growth Rate (2016-
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