#Sports Nutrition Market Growth

[desaletushki]

Sports Nutrition Market Size, Share, Growth, Trends and Forecast 2030

The global sports nutrition market size is expected to reach USD 81.8 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 7.4% from 2023 to 2030. The rising adoption of fitness activities and diet food is expected to contribute to the market growth. 

The consumption of sports nutrition products by a large population pool is expected to drive the market. Moreover, the increasing number of health clubs and fitness centers is anticipated to positively contribute to the growth. For instance, Brazil had 29,125 fitness and health clubs operational in 2020, while Mexico had 12,817 health clubs. Furthermore, there has been a noticeable increase in the demand for fitness as consumers seek to exercise and reap the benefits of an active lifestyle.

Request Free Sample Report: https://www.grandviewresearch.com/industry-analysis/sports-nutrition-market

The rising number of individuals suffering from obesity and increased awareness about health-related issues are expected to boost the demand for supplements during the forecast period. For instance, in North America, the incidence of obesity is growing at an alarming rate. According to the CDC, the prevalence of obesity in the U.S. was 41.9% from 2017 to 2020. Further, an increase in awareness about the role of nutritional supplementation in managing health and leading an active life is fueling the market growth. The increasing popularity of herbal and organic products is also a significant factor driving the market.

Increased use of social media platforms for the promotion of nutritional products by manufacturers and the partnerships undertaken by them with fitness influencers, bloggers, and nutrition influencers are expected to boost awareness about the products, thereby positively impacting the growth of the market during the forecast period. For instance, MyProtein hired celebrity nutritionist Arunav Bhattacharyya as a brand influencer to promote its brand in India.

Various initiatives such as the launch of new products and product innovations are being undertaken by manufacturers, which is driving the market. For instance, in February 2021, Clif Bar & Company launched snacking bars to expand its Luna bars product portfolio. These snack bars comprise prebiotics to support digestive health and act as healthy snacking alternatives or meal replacements. Moreover, the adoption of online platforms has increased considerably due to the COVID-19 pandemic. According to a survey conducted by United Nations Conference on Trade and Development and Netcomm Suisse eCommerce Association, online purchase of pharmaceutical and health products has increased by 9.0%. This, in turn, is driving the nutritional supplements market.

Sports Nutrition Market Report Highlights

In 2022, by product, the sports supplements segment held the largest share due to the growing awareness about health and fitness among the adults

In 2022, the post-workout application segment dominated the market owing to the various benefits offered by these products such as increased muscle strength and recovery

In 2022, the powder formulation segment held the largest share due to the ease of consumption and longer shelf life of products

In 2022, the adult consumer group segment held the largest share owing to the increased number of adults taking up fitness and exercise activities

In 2022, the fitness enthusiasts end-user segment dominated the market due to the growing trend of fitness among the consumers

The brick-and-mortar sales channel segment held the largest share in 2022 due to the customer preference to buy products through these stores

In 2022, North America held the largest share of over 45.0% due to the availability of advanced healthcare facilities and high healthcare expenditure

Key Companies & Market Share Insights

Mergers & acquisitions, collaborations, and flavor differentiation are among the key strategies adopted by leading companies for gaining a competitive edge in the market. In February 2021, Clif Bar & Company expanded Luna Bar's product portfolio by launching snack bars with prebiotics to support digestive health. It serves as a meal replacement or a healthy snacking alternative. Some prominent players in the global sports nutrition market include: Iovate Health Sciences, Abbott, Quest Nutrition, PepsiCo, Cliff Bar, The Coca-Cola Company, MusclePharm, The Bountiful Company, Post Holdings, BA Sports Nutrition, Cardiff Sports Nutrition, Jacked Factory, Orgain

Browse Full Report: https://www.grandviewresearch.com/industry-analysis/sports-nutrition-market

[prenasper]

Brazil Whey Market Share, Size, Trends, Revenue, Growth Strategy, Challenges, Business Opportunities and Forecast 2033: SPER Market Research

Whey protein is a high-quality protein that is separated from milk during the cheese-making process. It contains a lot of necessary amino acids, particularly BCAAs (branched-chain amino acids), which are important for the development and maintenance of muscle. Additionally, it has lactoferrin and immunoglobulins, which can strengthen the body's immune system. Due to its quick absorption and easy digestion, many people prefer using it as a supplement for post-workout recovery. It's well known for helping with weight management by encouraging sensations of fullness and supporting the maintenance of lean muscle mass. It can offer a ready-to-use supply of amino acids to build stronger muscles during exercise.

According to SPER market research, ‘Brazil Whey Protein Market Size- By Product Type, By Application- Regional Outlook, Competitive Strategies and Segment Forecast to 2033’ state that the Brazil Whey Protein Market is predicted to reach USD XX billion by 2033 with a CAGR of 8.24%.

The growing influence of e-commerce platforms, growing number of fitness centres, growing health and fitness consciousness, changing lifestyles, and sports nutrition are the main factors driving the Brazil whey protein market. Higher protein diets are becoming more popular among consumers as a way to promote weight loss, muscular growth, and general wellbeing. These dietary habits are well-suited for whey protein, which is well-known for its high-quality protein content. Further broadening the market's reach and accessibility is the development of e-commerce platforms, which make it simple for customers to obtain a range of whey protein brands and products. Furthermore, celebrity, fitness influencer, and athlete endorsements from Brazil increase the legitimacy of whey protein products and promote consumer uptake.

Growing consumer awareness of the benefits of eating a healthy diet and living an active lifestyle is driving the global demand for plant proteins. Furthermore, a huge market for plant proteins is being created by manufacturers' increasing advancements in producing proteins with a wide variety of amino acids and specific purposes, such as energy balancing, weight loss, muscle repair, and satiety. As a result, it immediately replaces animal protein products, impeding the expansion of the protein market. Plant-based proteins have gained a lot of popularity in recent years. A few examples of these include soy, pea, wheat, rice, algae, and hemp.

Request For Free Sample Report @ https://www.sperresearch.com/report-store/brazil-whey-protein-market.aspx?sample=1

The COVID-19 pandemic has a broad impact on the market for whey protein in Brazil. Early in the pandemic, people were looking to maintain their workout routines and boost their immune systems, which led to a spike in demand for health and wellness products, particularly whey protein. As a result, the industry's revenues briefly increased. But as the disease spread and the severity of the economic problems increased, many customers ran into financial difficulties, which reduced their discretionary purchasing. This thus reduced prospective customers' purchasing power and slowed demand for whey protein.

Brazil Whey Protein Market Key Players: 

Due to its higher level of urbanization, which frequently equates to a greater knowledge and acceptance of fitness and health trends, South America has the greatest revenue share geographically. This region's urban lifestyle has increased demand for fitness-related items like whey protein and placed a higher priority on wellness. Furthermore, because of its economic importance and growing infrastructure, the South area frequently has access to a greater range of health and nutrition items as well as improved distribution networks. Furthermore, Arla Foods Ingredients, Carbery Group, Fonterra Co-Operative Group, Friesland Campina, and other significant firms are some of the market leaders.

For More Information, refer to below link:-

Brazil Whey Protein Market Future Scope

Related Reports:

Europe Sports Nutrition Market Size- By Product Type, By End User- Regional Outlook, Competitive Strategies and Segment Forecast to 2033

Ashwagandha Extract Market Size- By Application, By Distribution Channel, By Form, By Type- Regional Outlook, Competitive Strategies and Segment Forecast to 2033

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[futuretonext]

The Mexico Sports Nutrition market is projected to grow at a CAGR of around 1.53% during the forecast period, i.e., 2022-27. The Mexico Sports Nutrition market witnessed considerable growth during 2017-2019, owing to the rising awareness among the residents & increased emphasis of the government to promote the adoption of a healthy lifestyle to overcome the growing prevalence of obesity among the residents. Sedentary lifestyles & consumption of ultra-high processed foods rich in sugar, salt, and calories are the prime factors contributing to a major share in mortality rates in the country. According to OECD, around 73% of Mexicans are overweight, with over 34% being morbidly obese, leading to a significant increase in illnesses such as diabetes & cardiovascular diseases.

[market-insider]

Sports Nutrition Market Growth Contributed To Rising Adoption Of Fitness Activities And Diet Food

The global sports nutrition market size is expected to reach USD 81.8 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 7.4% from 2023 to 2030. The rising adoption of fitness activities and diet food is expected to contribute to the market growth.

The consumption of sports nutrition products by a large population pool is expected to drive the market. Moreover, the increasing number of health clubs and fitness centers is anticipated to positively contribute to the growth. For instance, Brazil had 29,125 fitness and health clubs operational in 2020, while Mexico had 12,817 health clubs. Furthermore, there has been a noticeable increase in the demand for fitness as consumers seek to exercise and reap the benefits of an active lifestyle.

Gain deeper insights on the market and receive your free copy with TOC now @: Sports Nutrition Market Report

The rising number of individuals suffering from obesity and increased awareness about health-related issues are expected to boost the demand for supplements during the forecast period. For instance, in North America, the incidence of obesity is growing at an alarming rate. According to the CDC, the prevalence of obesity in the U.S. was 41.9% from 2017 to 2020. Further, an increase in awareness about the role of nutritional supplementation in managing health and leading an active life is fueling the market growth. The increasing popularity of herbal and organic products is also a significant factor driving the market.

Increased use of social media platforms for the promotion of nutritional products by manufacturers and the partnerships undertaken by them with fitness influencers, bloggers, and nutrition influencers are expected to boost awareness about the products, thereby positively impacting the growth of the market during the forecast period. For instance, MyProtein hired celebrity nutritionist Arunav Bhattacharyya as a brand influencer to promote its brand in India.

Various initiatives such as the launch of new products and product innovations are being undertaken by manufacturers, which is driving the market. For instance, in February 2021, Clif Bar & Company launched snacking bars to expand its Luna bars product portfolio. These snack bars comprise prebiotics to support digestive health and act as healthy snacking alternatives or meal replacements. Moreover, the adoption of online platforms has increased considerably due to the COVID-19 pandemic. According to a survey conducted by United Nations Conference on Trade and Development and Netcomm Suisse eCommerce Association, online purchase of pharmaceutical and health products has increased by 9.0%. This, in turn, is driving the nutritional supplements market.

Competitive Analysis By Major Brands

Mergers & acquisitions, collaborations, and flavor differentiation are among the key strategies adopted by leading companies for gaining a competitive edge in the market. Some prominent players in the global sports nutrition market include: Iovate Health Sciences; Abbott; Quest Nutrition; PepsiCo; Cliff Bar; The Coca-Cola Company; MusclePharm.

For More Details or Sample Copy please visit link @: https://www.grandviewresearch.com/industry-analysis/sports-nutrition-market/request/rs5 Grand View Research, Inc. has segmented the global sports nutrition market on the basis of product type, application, formulation, consumer group, end-user, sales channel, and region.

[rupalic]

Growth Strategies Adopted by Major Players in Turf Protection Market

In the dynamic landscape of the turf protection industry, key players like Syngenta Crop Protection AG (Switzerland), UPL Limited (India), Corteva Agriscience (US), Nufarm (US), Bayer AG (Germany), and BASF SE (Germany) are at the forefront of innovation and market expansion. These industry leaders are driving growth through strategic initiatives such as partnerships, acquisitions, and cutting-edge product developments, solidifying their positions as influential forces in shaping the future of the turf protection industry. Their efforts not only enhance their global presence but also set new benchmarks for industry standards and customer expectations. The global turf protection market size is estimated to reach $8.1 billion by 2028, growing at a 4.9% compound annual growth rate (CAGR). The market size was valued $6.4 billion in 2023.

Top Global Turf Protection Leaders to Watch in 2024

· Syngenta Crop Protection AG (Switzerland)

· UPL Limited (India)

· Corteva Agriscience (US)

· Nufarm (US)

· Bayer AG (Germany)

· BASF SE (Germany)

· SDS Biotech K.K. (Japan)

· AMVAC Chemical Corporation (US)

· Bioceres Crop Solutions (Argentina)

· Colin Campbell (Chemicals) Pty Ltd (Australia)

· ICL Group Ltd. (US)

Investments and Innovations: Key Strategies of Top Turf Protection Companies

🌱 Syngenta Crop Protection AG: Leading the Way in Integrated Pest Management

Syngenta Crop Protection AG, a global agribusiness based in Switzerland, operates prominently in the crop protection and seeds markets. The company offers a comprehensive range of herbicides, insecticides, fungicides, and seed treatments, helping growers worldwide enhance agricultural productivity and food quality. With a presence in over 90 countries, Syngenta’s reach is truly global. In October 2020, Syngenta further strengthened its position by acquiring Valagro, a leading biologicals company. Valagro’s strong presence in Europe, North America, Asia, and Latin America complements Syngenta’s existing crop protection chemicals. This acquisition allows Syngenta to offer more integrated pest management strategies that reduce reliance on synthetic chemicals, while Valagro’s expertise in plant nutrition promotes healthier turfgrass growth and improved soil health.

Know about the assumptions considered for the study

🌍 UPL Limited: Innovating Turf Management Solutions Globally

UPL Limited, formerly known as United Phosphorus Limited, is a global agrochemical company based in India, providing a wide range of agricultural solutions, including crop protection products, seeds, and post-harvest solutions. UPL is a key player in turf management, offering innovative solutions for golf courses, sports fields, and other turf areas. Their product portfolio includes herbicides, fungicides, insecticides, and plant growth regulators, all designed to enhance turf quality and health while effectively controlling pests and diseases. Operating in over 130 countries across North America, South America, Europe, and Asia Pacific, UPL has 28 manufacturing sites worldwide, solidifying its position as a leader in the global turf protection market.

🏆 Bayer AG: Streamlining for a Focused Future in Turf Protection

Bayer AG, a multinational pharmaceutical and life sciences company headquartered in Leverkusen, Germany, operates across three business segments: Pharmaceuticals, Consumer Health, and Crop Science. The company’s Crop Science division caters to the turf protection market, offering products such as herbicides, insecticides, and fungicides. With operations in over 90 countries, including regions like North America, South America, Europe, the Middle East, Africa, and Asia Pacific, Bayer maintains a strong global presence. In March 2022, Bayer sold its Environmental Science Professional business, which includes turf protection products, to private equity firm Cinven for USD 2.6 billion. This strategic divestment is part of Bayer’s ongoing efforts to streamline its portfolio and concentrate on core businesses, ensuring a more focused approach to its future operations.

[krishilearning]

Horticulture definition & Branches

Horticulture is a subfield of agriculture that focuses on the cultivation, management, and study of plants used for non-food purposes like medicine or industry. It also includes non-food crops like flowers and ornamental plants. In order to produce high-quality and profitable crops for a variety of uses, including food production, landscaping, ornamental adornment, and more, it involves a wide range of plant-related operations, including planting, breeding, irrigating, growing, harvesting, and post-harvest processing. Horticulture is a broad field that includes everything from modest backyard gardens to extensive commercial operations, and it frequently entails the use of specialized knowledge and techniques to improve the growth and development of plants.

Enhancing the quality, quantity, nutritional value, and aesthetic appeal of plants—whether they are cultivated for food, medicine, ornamentation, or other purposes—is the aim of horticulture. To maximize the growing conditions and productivity of plants, horticulturists use a variety of procedures, including breeding, grafting, pruning, and pest management.

Pomology: This branch of horticulture is concerned with the cultivation of fruits. Pomologists study the production, storage, processing, and marketing of fruit crops such as apples, citrus fruits, grapes, and berries.

Olericulture: Olericulture is the branch of horticulture that deals with the production and cultivation of vegetables. It includes the study of vegetables from seed production to harvesting, storage, and marketing. Common vegetables studied in olericulture include tomatoes, lettuce, carrots, and onions.

Floriculture: Floriculture focuses on the cultivation of flowering and ornamental plants for their aesthetic and decorative qualities. This branch includes the production of flowers, cut foliage, potted plants, and landscaping materials. Floriculturists often work in the floral and landscaping industries.

Viticulture: Viticulture involves the cultivation of grapes for wine, raisins, and table grapes. This branch covers various aspects of grape production, including vineyard management, pest control, and the study of grape varieties suitable for different purposes.

Oenology: While not strictly a branch of horticulture, oenology is closely related as it involves the study of wine and winemaking. Oenologists focus on fermentation processes, wine chemistry, and sensory evaluation to produce high-quality wines.

Pest Management: This branch is concerned with the study of pests that affect horticultural crops and the development of strategies to manage and control these pests. Integrated Pest Management (IPM) is an approach that combines biological, cultural, physical, and chemical control methods to minimize the impact of pests on crops.

Post-Harvest Physiology and Technology: This branch deals with the handling, storage, transportation, and processing of horticultural crops after harvest. It aims to maintain the quality and freshness of produce from the farm to the consumer.

Urban horticulture: This field of study focuses on the special difficulties and opportunities associated with cultivating plants in urban settings. In order to improve urban green spaces, it includes endeavors like rooftop gardening, vertical gardening, and community gardening.

Seed Science and Technology: Seed science involves the study of seeds, including their development, germination, storage, and viability. Seed technologists focus on the development of high-quality seeds for improved crop production.

Turf Management: Turf management is concerned with the cultivation and maintenance of grasses for lawns, sports fields, and other recreational areas. It involves aspects such as mowing, fertilization, pest control, and irrigation.

These different types of horticulture demonstrate the diversity of plant-related activities and the important role they play in providing food, beautifying landscapes, supporting the economy, and contributing to human well-being. Horticultural practices continue to evolve with advances in science and technology, contributing to improved crop yields, sustainability, and overall quality of plant products.

Kindly visit for more - https://krishilearning.com/branch-of-horticulture/

What you"ll discover here - 

Educational Resources - Our blog serves as a treasure trove of educational content, including articles and lesson plans, all designed to enhance your understanding of agricultural principles, practices and new technology in agriculture. We explore cutting-edge technologies, such as hydroponics, aquaponics, precision farming, and more, to help you stay ahead in the ever-evolving world of agriculture.

We have designed our website to be user-friendly, making it easy for you to navigate, access, and engage with our content. We value your user experience.

Join Us in Cultivating Knowledge

Whether you are a farmer, a student, a teacher, or simply someone interested in the world of agriculture, krishilearning is here to guide you on your educational journey. Together, we can foster a more sustainable, innovative, and prosperous agricultural sector. Join us in cultivating knowledge, growing communities, and embracing the future of agriculture.

[astuteanalyticablog]

Enhancing Athletic Performance: A Comprehensive Guide to Sports Nutrition

Eating a healthy balanced diet is an essential component of any exercise program. The quality of the food people eat can break their progress toward their fitness objectives. Sports nutrition is the secret to peak performance and better health, whether they're a professional athlete or just trying to keep in shape. In this blog, let's know about the proper nutrition which fuels performance.

People's awareness of the value of exercise is growing, and the sports industry is developing swiftly. Thus, it is estimated to drive the market expansion. In addition, according to a research report by Astute Analytica, the Global Sports Nutrition Market is likely to grow at a compound annual growth rate (CAGR) of 4.8% over the projection period from 2022 to 2030.

Sports nutrition's significance:

Athletes can prepare for and recover from workouts and contests with the help of adequate nutrition, which increases their total performance. Furthermore, maintaining body weight and increasing the workout effect requires an adequate intake of calories.

The focus of sports nutrition is on the particular dietary requirements for performance. Let's start by talking about which nutrients are crucial for athletes and whether certain supplements are required.

Fats:

Fat serves as the main energy source for low to moderate-intensity activity and fuels the muscles during endurance training. Additionally, it contributes to the absorption of fat-soluble vitamins, offers important fatty acids, safeguards vital organs, and improves satiety.

The recommended daily allowance for fat is between 20 and 35 percent of total calories. It is estimated that poly-unsaturated and mono fats make up about 15-20% and 5–10% of this total.

Seeds, nuts, avocados, fatty fish, and extra-virgin olive oil are a few examples of nutrient-dense dietary fat sources.

Protein:

Protein intake has been linked favorably to metabolic, bone, and weight control. Athletes' performance, lean body mass, recuperation, and strength have all been reported to increase with it. Furthermore, research indicates that consuming protein after exercise may maximize muscle recovery and improve strength.

According to research, active adults and athletes need 1.4–2.0 g of protein per kilogram of body weight per day to grow and maintain muscle mass. Higher protein consumption (>3.0 g/kg/d) may benefit body composition.

Red meat, poultry, dairy, fish, eggs, legumes, tofu, and fortified foods are a few examples of dietary sources of protein.

Food categories to eat:

Particular food groups should be a part of a person's diet when it comes to sports nutrition. It is possible to provide their body the energy it requires to function at its peak by consuming a range of nutrient-dense foods. The following foods are among the best to put in a sports nutrition plan:

Whole grains

Healthy fats

Lean proteins

Vegetables and fruits

The vitamins and minerals included in fruits and vegetables can assist the functioning of a person's body. Lean proteins and healthy fats can help them feel full and provide their body the resources it needs to stay healthy, while whole grains give their body slow-burning energy.

[completenutrition]

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[mordormr]

Exploring the Medium Chain Triglycerides (MCT) Market: Trends, Growth, and Applications 

The global Medium Chain Triglycerides (MCT) market is experiencing robust growth, fueled by the rising demand for health-conscious ingredients in various sectors. From dietary supplements to food and beverage products, MCTs have captured the interest of consumers and manufacturers alike. The market's expansion is largely driven by the increasing recognition of MCTs' unique properties, including their rapid digestion, easy absorption, and potential health benefits like improved energy, weight management, and mental clarity. 

Market Growth and Projections 

The Medium Chain Triglycerides (MCT) market is projected to reach an estimated USD 1.42 billion in 2024 and grow to USD 2.11 billion by 2029, expanding at a CAGR of over 8.20% during the forecast period (2024-2029).  

The MCT market has witnessed impressive growth in recent years and shows a promising future. Driven by increasing health consciousness, the demand for MCT-based products is anticipated to expand across regions. Factors such as the growing popularity of functional foods, a rising awareness of the health benefits associated with MCTs, and the adoption of MCTs in personal care and cosmetics are expected to boost market demand. 

Key Drivers Shaping the MCT Market 

Rising Health and Wellness Trends: As more consumers seek natural and beneficial ingredients, MCTs have gained attention for their energy-boosting and metabolism-enhancing properties. 

Growing Ketogenic and Low-Carb Diets: The keto diet emphasizes fat as a primary energy source, and MCTs fit perfectly due to their quick conversion to ketones, which fuel the body and brain. 

Demand in Personal Care and Cosmetics: The use of MCT oil in skincare products is on the rise, as it is known for its moisturizing and skin-conditioning properties. 

Increased Sports and Fitness Applications: MCTs are frequently included in sports nutrition products for their potential to enhance endurance, energy, and focus. 

Applications of MCTs Across Industries 

Food and Beverages: MCT oils are now a popular ingredient in coffee creamers, smoothies, salad dressings, and energy bars due to their nutritional benefits and neutral taste. 

Dietary Supplements: The supplement industry has embraced MCTs, especially in powdered and oil forms, appealing to consumers interested in weight management, brain health, and overall wellness. 

Cosmetics and Personal Care: With their emollient and moisturizing properties, MCTs are being incorporated into skincare, haircare, and cosmetic formulations to improve product feel and performance. 

Pharmaceuticals: MCTs have potential therapeutic applications, especially for patients with fat absorption disorders, providing a readily available energy source. 

Challenges Facing the MCT Market 

Despite its growth, the MCT market faces some challenges. One primary issue is sustainability, as MCTs are often derived from coconut and palm oils, industries that are linked to environmental concerns. However, companies are working on more sustainable and ethically sourced options, which are likely to appeal to environmentally conscious consumers. 

Regional Insights 

North America: The region holds a significant share of the MCT market, driven by high health and wellness awareness, the popularity of ketogenic diets, and a strong dietary supplement industry. 

Asia-Pacific: Expected to witness substantial growth, fueled by increasing demand for functional foods and personal care products, along with a rising middle-class population interested in premium wellness products. 

Europe: The demand for clean-label and natural ingredients has bolstered the MCT market, as European consumers prioritize health benefits in their purchasing decisions. 

Future Outlook for the MCT Market 

The MCT market is set to continue its upward trajectory, driven by a surge in demand across food, supplements, personal care, and pharmaceutical applications. As more consumers become aware of MCTs' benefits, manufacturers are likely to expand their product offerings, create innovative MCT-based formulations, and explore sustainable sourcing practices. 

Conclusion 

With its broad applications and impressive health benefits, the MCT market is expected to thrive in the coming years. As more consumers prioritize health, wellness, and sustainable products, the MCT industry stands ready to meet the demand, delivering energy-boosting and health-enhancing solutions that cater to the needs of a global market. For brands looking to tap into the MCT market, understanding the evolving trends, consumer preferences, and emerging applications will be key to success in this dynamic industry. 

For a detailed overview and more insights, you can refer to the full market research report by Mordor Intelligence https://www.mordorintelligence.com/industry-reports/medium-chain-triglycerides-mct-market   

[marketanalysisdata]

Astaxanthin Market Share and Growth Information Analysis Report by 2030

The global astaxanthin market was valued at USD 2.34 billion in 2023, with a projected compound annual growth rate (CAGR) of 17.1% from 2024 to 2030. This growth is driven by rising demand across multiple sectors, including aquaculture, animal feed, nutraceuticals, cosmetics, pharmaceuticals, and food and beverages. Astaxanthin is particularly valued in aquaculture as a feed ingredient for prawns, salmon, trout, and ornamental fish to enhance their coloration, which increases their commercial appeal. Besides improving pigmentation, astaxanthin also contributes to enhanced stress tolerance, improved performance, immune support, reproductive health, increased survival rates, and disease resistance in aquatic animals. To meet this demand, major market players are focusing on product innovation and forming partnerships, especially in the aquaculture sector.

Organizations promoting awareness about astaxanthin’s applications further support market growth. The Natural Algae Astaxanthin Association (NAXA), for example, plays a significant role in advocating for natural astaxanthin, promoting its benefits across various industries, supporting research, and certifying products with the NAXA Verification Seal.

Gather more insights about the market drivers, restrains and growth of the Astaxanthin Market

To expand market reach, companies are leveraging strategies such as product launches and collaborations with leading firms in key industries. For example, in May 2022, Algalif partnered with Divi’s Nutraceuticals to launch AstaBeads, a high-concentration astaxanthin beadlet targeting sports nutrition and healthy aging applications. This collaboration is poised to boost market penetration of natural astaxanthin products. Furthermore, The Lubrizol Corporation introduced ASTAGILE microcapsules in October 2020 to promote cognitive health and agility for both young and elderly consumers.

In May 2022, Algalif and Divi’s Nutraceuticals collaborated on producing high-concentration natural astaxanthin beadlets. Based in Iceland, Algalif uses a renewable-energy-powered process to produce high-quality astaxanthin oleoresin from microalgae. Divi’s Nutraceuticals then applies its expertise in fat-soluble ingredients to transform this oleoresin into AstaBead beadlets, which contain a concentrated 5% astaxanthin. This partnership emphasizes both sustainability and premium product quality, showcasing a commitment to environmental stewardship and product excellence.

Application Segmentation Insights:

In 2023, the aquaculture and animal feed sector held the largest market share at 46.39%, primarily due to astaxanthin’s extensive use as a feed additive to enhance reddish pigmentation in species like salmon, trout, and shrimp, which is a key consumer preference. Astaxanthin oil also promotes better feed uptake, accelerating shrimp growth. The growing adoption of astaxanthin in the aquaculture sector to improve seafood quality supports this segment’s dominance in the market. Leading players are also launching new products with health benefits for animal feed. For instance, AstaReal introduced Novasta in July 2022, an astaxanthin-based ingredient for animal feed, expanding health-focused applications in animal nutrition.

The nutraceuticals segment is anticipated to experience the fastest CAGR during the forecast period, driven by increasing demand for natural astaxanthin in health supplements due to its superior antioxidant properties compared to other supplements. The rising need for nutritional products, alongside aging populations, nutrient deficiencies, and lifestyle-related health concerns, is boosting demand in this sector. Astaxanthin’s antioxidant benefits are linked to support against conditions like liver and oral cancers, cardiovascular diseases, and obesity. Thus, the growing prevalence of chronic and infectious diseases is expected to provide substantial growth opportunities for the nutraceuticals market.

Order a free sample PDF of the Astaxanthin Market Intelligence Study, published by Grand View Research.

[marketstudyreport]

Astaxanthin Market - Recent Industry Developments and Growth Strategies till 2030

The global astaxanthin market was valued at USD 2.34 billion in 2023, with a projected compound annual growth rate (CAGR) of 17.1% from 2024 to 2030. This growth is driven by rising demand across multiple sectors, including aquaculture, animal feed, nutraceuticals, cosmetics, pharmaceuticals, and food and beverages. Astaxanthin is particularly valued in aquaculture as a feed ingredient for prawns, salmon, trout, and ornamental fish to enhance their coloration, which increases their commercial appeal. Besides improving pigmentation, astaxanthin also contributes to enhanced stress tolerance, improved performance, immune support, reproductive health, increased survival rates, and disease resistance in aquatic animals. To meet this demand, major market players are focusing on product innovation and forming partnerships, especially in the aquaculture sector.

Organizations promoting awareness about astaxanthin’s applications further support market growth. The Natural Algae Astaxanthin Association (NAXA), for example, plays a significant role in advocating for natural astaxanthin, promoting its benefits across various industries, supporting research, and certifying products with the NAXA Verification Seal.

Gather more insights about the market drivers, restrains and growth of the Astaxanthin Market

To expand market reach, companies are leveraging strategies such as product launches and collaborations with leading firms in key industries. For example, in May 2022, Algalif partnered with Divi’s Nutraceuticals to launch AstaBeads, a high-concentration astaxanthin beadlet targeting sports nutrition and healthy aging applications. This collaboration is poised to boost market penetration of natural astaxanthin products. Furthermore, The Lubrizol Corporation introduced ASTAGILE microcapsules in October 2020 to promote cognitive health and agility for both young and elderly consumers.

In May 2022, Algalif and Divi’s Nutraceuticals collaborated on producing high-concentration natural astaxanthin beadlets. Based in Iceland, Algalif uses a renewable-energy-powered process to produce high-quality astaxanthin oleoresin from microalgae. Divi’s Nutraceuticals then applies its expertise in fat-soluble ingredients to transform this oleoresin into AstaBead beadlets, which contain a concentrated 5% astaxanthin. This partnership emphasizes both sustainability and premium product quality, showcasing a commitment to environmental stewardship and product excellence.

Application Segmentation Insights:

In 2023, the aquaculture and animal feed sector held the largest market share at 46.39%, primarily due to astaxanthin’s extensive use as a feed additive to enhance reddish pigmentation in species like salmon, trout, and shrimp, which is a key consumer preference. Astaxanthin oil also promotes better feed uptake, accelerating shrimp growth. The growing adoption of astaxanthin in the aquaculture sector to improve seafood quality supports this segment’s dominance in the market. Leading players are also launching new products with health benefits for animal feed. For instance, AstaReal introduced Novasta in July 2022, an astaxanthin-based ingredient for animal feed, expanding health-focused applications in animal nutrition.

The nutraceuticals segment is anticipated to experience the fastest CAGR during the forecast period, driven by increasing demand for natural astaxanthin in health supplements due to its superior antioxidant properties compared to other supplements. The rising need for nutritional products, alongside aging populations, nutrient deficiencies, and lifestyle-related health concerns, is boosting demand in this sector. Astaxanthin’s antioxidant benefits are linked to support against conditions like liver and oral cancers, cardiovascular diseases, and obesity. Thus, the growing prevalence of chronic and infectious diseases is expected to provide substantial growth opportunities for the nutraceuticals market.

Order a free sample PDF of the Astaxanthin Market Intelligence Study, published by Grand View Research.

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Organic Berries Market Trends and Forecast Report 2024-2033 | By Types, Applications, Regions And Players 

The organic berries global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.

Organic Berries Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.

Market Size - The organic berries market size has grown strongly in recent years. It will grow from $2.36 billion in 2023 to $2.51 billion in 2024 at a compound annual growth rate (CAGR) of 6.2%. The growth in the historic period can be attributed to the growing popularity of organic food products, rising popularity of clean label products, growing awareness about the health benefits of organic fruits, rising health consciousness, and government support for organic farming.

The organic berries market size is expected to see strong growth in the next few years. It will grow to $3.23 billion in 2028 at a compound annual growth rate (CAGR) of 6.5%. The growth in the forecast period can be attributed to growing consumer awareness campaigns, rising interest in superfoods, rise in community-supported agriculture, and increasing social media influence. Major trends in the forecast period include technological innovations, clean label demand, diverse product offerings, growth in processed organic foods, and organic certification importance.

Order your report now for swift delivery @ https://www.thebusinessresearchcompany.com/report/organic-berries-global-market-report

The Business Research Company's reports encompass a wide range of information, including:

1. Market Size (Historic and Forecast): Analysis of the market's historical performance and projections for future growth.

2. Drivers: Examination of the key factors propelling market growth.

3. Trends: Identification of emerging trends and patterns shaping the market landscape.

4. Key Segments: Breakdown of the market into its primary segments and their respective performance.

5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.

6. Macro Economic Factors: Assessment of broader economic elements impacting the market.

Market Drivers - The increase in changes in dietary preferences is expected to propel the growth of the organic berries market going forward. Dietary preferences refer to individuals' specific food choices based on health, ethical beliefs, cultural traditions, and personal tastes. The increasing change in dietary preferences is driven by a growing awareness of health issues and rising concerns about environmental sustainability, leading more individuals to adopt plant-based diets and prioritize organic food choices. Organic berries are helpful for dietary preferences because they offer a nutritious, low-calorie option rich in vitamins and antioxidants while aligning with health-conscious and environmentally aware consumers' values. For instance, in October 2023, according to the survey of 3,192 adults conducted by the Council for Responsible Nutrition, a US-based trade association for the dietary supplement and functional food industry, around 74% of U.S. adults are utilizing dietary supplements. Consumer confidence in the quality of sports nutrition supplements has risen by five percentage points to 66% compared to 2022, while confidence in the weight management category has increased by four percentage points to 56% during the same period. Therefore, the increase in change of dietary preferences is driving the organic berries market.

Market Trends - Major companies operating in the organic berries market are focusing on developing innovative product offerings, such as regenerative organic blueberries, to enhance sustainability and meet the growing demand for eco-friendly and nutritious options. Regenerative Organic Blueberries refer to blueberries produced using regenerative agricultural practices that prioritize soil health, biodiversity, and ecosystem restoration. For instance, in May 2024, AC Foods, an agriculture company, launched a new line of regenerative organic certified blueberries, emphasizing sustainable farming practices that enhance soil health and restore natural resources. These blueberries are grown in California and Oregon using regenerative agriculture techniques that support biodiversity and carbon sequestration. Farming methods such as cover cropping and composting have led to a 25% increase in soil organic matter and improved habitats for wild pollinators. Rich in antioxidants and essential vitamins, betterful blueberries not only offer exceptional flavor.

The organic berries market covered in this report is segmented –

1) By Type: Strawberries, Raspberries, Cranberries, Gooseberries, Blueberries, Other Types 2) By Processing Type: Processed, Fresh 3) By Application: Food And Beverage, Pharmaceuticals, Cosmetics And Personal Care, House Hold

Get an inside scoop of the organic berries market, Request now for Sample Report @ https://www.thebusinessresearchcompany.com/sample.aspx?id=19132&type=smp

Regional Insights - North America was the largest region in the organic berries market in 2023. The regions covered in the organic berries market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Key Companies - Major companies operating in the organic berries market are  Dole Food Company, SunOpta Inc., Meduri Farms Inc., Driscoll's Inc., Stahlbush Island Farms Inc., Wishi Farms Inc., Graceland Fruit Inc., California Giant Berry Farms, Rainier Fruit Co., Naturipe Farms LLC, Royal Ridge Fruits, Shoreline Fruit LLC, Oregon Berry Packing Inc., Royal Nut Company, Sunny Creek Organic Farm, Kiantama Oy, Agroberries, Berries Unlimited, Berry Fresh Produce, Blueberry Hill Farms, Highland Farms, Karen’s Naturals, TRADIN ORGANIC AGRICULTURE B.V., Sweet Farms

Table of Contents 1. Executive Summary 2. Organic Berries Market Report Structure 3. Organic Berries Market Trends And Strategies 4. Organic Berries Market – Macro Economic Scenario 5. Organic Berries Market Size And Growth ….. 27. Organic Berries Market Competitor Landscape And Company Profiles 28. Key Mergers And Acquisitions 29. Future Outlook and Potential Analysis 30. Appendix

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[insightfulblogz]

Personalized Nutrition Market Type, Dynamics, and Industry Analysis by 2032

Personalized nutrition is a transformative approach to diet and wellness that customizes dietary recommendations based on an individual's unique genetic, metabolic, and lifestyle profile. This approach leverages data from genetic testing, microbiome analysis, and metabolic assessments to provide tailored dietary plans aimed at optimizing health and preventing chronic diseases. Personalized nutrition is rapidly gaining popularity as people seek more precise ways to manage their well-being, with applications in weight management, disease prevention, and sports nutrition.

The Personalized Nutrition Market Size was valued at USD 12.06 Billion in 2023, and is expected to reach USD 41.10 Billion by 2032, and grow at a CAGR of 15.04% over the forecast period 2024-2032.

Future Scope

The future of personalized nutrition is set to expand with advancements in nutrigenomics, wearable technology, and AI-driven data analysis. Nutrigenomics, the study of how genes influence nutrition, will allow researchers to create even more precise dietary guidelines based on an individual's genetic makeup. Wearable devices and health-tracking apps will also enhance personalized nutrition by providing real-time data on factors such as glucose levels, physical activity, and sleep patterns. AI-driven platforms will integrate these data points to offer dynamic, adaptive dietary advice, empowering individuals to make informed, health-optimized choices.

Trends

Key trends in personalized nutrition include the growth of DNA-based dietary recommendations, microbiome-focused nutrition plans, and the integration of AI-driven platforms. DNA-based nutrition considers genetic predispositions to provide recommendations tailored to individual nutrient needs, while microbiome analysis tailors diets to support gut health and overall well-being. AI-powered platforms analyze vast datasets to generate personalized meal plans, adapting advice in real-time based on users' health metrics and lifestyle changes. These trends are democratizing access to personalized nutrition, making it more accessible and effective for a broader audience.

Applications

Personalized nutrition has broad applications in areas such as weight management, disease prevention, and sports nutrition. In weight management, customized dietary plans address metabolic differences to enhance results and maintain long-term weight control. For disease prevention, personalized nutrition supports individuals at risk for chronic conditions like diabetes and cardiovascular disease, providing dietary interventions that align with their unique health profiles. Athletes and fitness enthusiasts also benefit from personalized nutrition, as tailored plans optimize performance, recovery, and overall physical health.

Key Points

Personalized nutrition customizes dietary recommendations based on genetic, metabolic, and lifestyle factors.

Future advancements include nutrigenomics, wearable health trackers, and AI-driven, adaptive dietary platforms.

Trends include DNA-based dietary plans, microbiome-focused recommendations, and AI-integrated meal planning.

Applications range from weight management and disease prevention to sports nutrition and performance enhancement.

Enables individuals to make data-driven dietary choices for improved health outcomes.

Conclusion

Personalized nutrition represents a paradigm shift in dietary planning, offering scientifically tailored recommendations that address individual health needs and lifestyle goals. As technology and research continue to advance, personalized nutrition will play an increasingly important role in promoting health and preventing disease. By providing a data-driven approach to diet and wellness, personalized nutrition empowers individuals to take control of their health, transforming how people approach food, fitness, and long-term well-being.

Read More Details: https://www.snsinsider.com/reports/personalized-nutrition-market-3878 

Contact Us:

Akash Anand — Head of Business Development & Strategy

Email: info@snsinsider.com

Phone: +1–415–230–0044 (US) | +91–7798602273 (IND) 

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Discover the Freedom to Thrive: Join the NOIZ GLOBAL Movement

In a world that's constantly evolving, finding a community that resonates with your passions and ambitions is essential. Welcome to NOIZ GLOBAL, a dynamic lifestyle brand and YouTube channel founded by Zion ‘Noiz’ Francis. Here, we believe in not just skating, but in embracing life to its fullest through adventure, creativity, and community.

The Vision Behind NOIZ GLOBAL

Zion 'Noiz' Francis is more than just a name; he’s a force of nature. As a professional street roller skater, international JahVa house DJ, personal fitness instructor, model, and entrepreneur, Zion embodies the adventurous spirit of NOIZ GLOBAL. His mission is clear: to inspire others to break free from the ordinary and live a life filled with creativity, passion, and adventure. Through our vibrant community, Zion empowers individuals to embrace their unique paths, explore new horizons, and discover the freedom of living as digital nomads.

The NOIZ GLOBAL Experience

At NOIZ GLOBAL, we create captivating content that blends the thrill of street skating with the pulse of unique music genres like JahVa and Kasalsa. Our YouTube channel and social media platforms are more than just a showcase of activities; they are gateways to exploring breathtaking locations around the world. We invite you to imagine a life where every day brings a new adventure, where the world is your playground, and where you have the freedom to travel without limits.

Challenges We Face

Many individuals struggle with the same common challenges that hinder their personal and professional growth

1. Financial Independence: Many dream of starting their own online business but lack the guidance and support needed to make it a reality.

2. Health and Wellness: In today's fast-paced world, maintaining a healthy lifestyle can feel overwhelming.

3. Community Support: Finding like-minded individuals who inspire and uplift you can be challenging, leaving many feeling isolated.

4. Creative Expression: Many people yearn for a platform to express their creativity and share their passions.

5. Safety in Adventure: For extreme sports enthusiasts, ensuring safety while pursuing thrilling activities is a top priority.

How NOIZ GLOBAL Can Help

At NOIZ GLOBAL, we understand these challenges and are here to help you overcome them. Our community, including our new Facebook group, offers a wealth of resources and support for anyone looking to embrace a vibrant lifestyle. Here’s how we address your needs:

1. Inspiring Financial Independence: Through engaging content and practical insights, NOIZ GLOBAL empowers you to start your own online business and achieve financial freedom. We provide tips on financial management, affiliate marketing, and brand building, ensuring you have the tools to succeed.

2. Promoting Health and Wellness: We encourage active and healthy lifestyles through fitness routines, nutritional advice, and motivational content. Our community fosters a positive mindset, helping you stay focused and resilient in the face of challenges.

3. Building a Supportive Community: At NOIZ GLOBAL, you are never alone. Our thriving community is filled with individuals who share your passions and aspirations. Connect with others, share your experiences, and inspire one another to reach new heights.

4. Fostering Creative Expression: Whether it’s through skating, salsa dancing, or exploring new locations, we provide opportunities for you to express your creativity. Share your journey and become part of a collective that celebrates individuality.

5. Ensuring Safety in Extreme Sports: With our customized Noiz Body Armour, including helmets and protective gear, we prioritize your safety as you embrace adventure. Engage in extreme sports knowing you’re equipped with the best safety gear available.

The Benefits of Joining NOIZ GLOBAL

- Expert Guidance: Learn from Zion and other experts in the fields of health, fitness, and entrepreneurship, gaining valuable insights to propel your journey.

- Diverse Content: Enjoy a rich variety of engaging content across platforms that entertains and educates, making every visit to our community worthwhile.

- Networking Opportunities: Build connections with fellow digital nomads and entrepreneurs, creating opportunities for collaboration and growth.

- Empowerment: Feel empowered to live your best life through travel, exploration, and a positive mindset.

- Exclusive Resources: Gain access to exclusive resources designed to help you succeed in your online business ventures.

Join the NOIZ GLOBAL Movement Today

Are you ready to break free from the ordinary and embrace a lifestyle filled with adventure and creativity? Join NOIZ GLOBAL today and discover the freedom to thrive. Whether you’re a street skater, a budding entrepreneur, or someone looking to enrich your life with new experiences, our community is here for you.

Together, we can inspire each other to reach new heights, explore the world, and create a life that resonates with our passions. Don’t miss out on the chance to be part of something bigger—join the NOIZ GLOBAL family and start your journey towards a vibrant, adventurous life today!

Follow Us

Stay connected with us on our YouTube channel and social media platforms for the latest updates, tips, and inspiring stories. Together, let’s create a world where creativity and adventure know no bounds.

In this blog post, we’ve highlighted the essence of NOIZ GLOBAL and the numerous benefits of joining our community. By addressing common challenges and providing solutions, we hope to inspire readers to take the leap and become part of our vibrant movement. Let’s embark on this journey together!

[market-insider]

Functional Shots Market In-Depth Study: Evaluating Market Size, Share, Growth Forecast

The global functional shots market size is expected to reach USD 2.06 billion by 2030, exhibiting a CAGR 14.9% from 2024 to 2030, according to a new report by Grand View Research, Inc. Rising consumer awareness regarding preventive healthcare-due to the increasing prevalence of various diseases and fast-paced, hectic lifestyles-is driving individuals to seek convenient and nutritious food options. Functional shots are developed using various natural and functional ingredients, such as adaptogens, antioxidants, and vitamins, which help meet the growing demand for preventive health measures and wellness solutions.

According to an article by BNP Media’s Beverage Industry, rising consumer awareness is driving significant growth in the gut-health beverages segment. There is ample opportunity to educate consumers about the distinctions between pro- and prebiotics, allowing brands to deepen consumer understanding and foster informed choices among those seeking digestive health solutions. For instance, in November 2019, Good Culture, a dairy brand of clean-label products, announced the launch of its Wellness Probiotic Gut Shots to gain an advantage in the emerging market of probiotic shots by merging them with functional ingredients.

Functional Shots Market Report Highlights

Energy functional shots captured 40.6% of global revenue in 2023. This strong demand is driven by rising health awareness, the growing need for quick energy boosts, and the popularity of convenient, portable beverage options.

Sales of functional shots through online channels are projected to grow at a compound annual growth rate (CAGR) of 20.6% from 2024 to 2030. This growth is fueled by consumers' increasing preference for the convenience and ease of online shopping, which is boosting the online segment within the market.

The market in North America held 31.7% of global revenue in 2023. The market's growth in this region is largely driven by the increasing prevalence of physical activity, as more individuals adopt active lifestyles and seek convenient, effective solutions to support their health and fitness goals.

For More Details or Sample Copy please visit link @: Functional Shots Market Report

Consumer trends and preferences in the market have undergone significant shifts in recent years, driven by a growing emphasis on holistic wellness and personalized nutrition. Consumers increasingly seek functional shots formulated with natural, plant-based ingredients, free from artificial additives and preservatives. They are also gravitating toward functional shots such as ginger shots and beetroot shots that offer multiple health benefits, such as immune support, stress relief, and cognitive enhancement. These trends reflect a desire for convenient solutions to address various aspects of consumer well-being.

According to the National Center for Biotechnology Information (NCBI), ginger exhibits promising preventive properties against chronic diseases like hypertension and coronary heart disease (CHD) while also contributing to enhancing overall immune system function. A study by NCBI indicates that increasing daily ginger intake by 1g as part of a balanced diet may offer these preventive advantages. Moreover, ginger is an antibacterial and antiviral agent, an antioxidant, an anti-inflammatory compound, an antinausea agent, and an anticancer agent, further supporting its role in promoting well-being and disease prevention.

List of Key Players in the Functional Shots Market

Living Essentials Marketing, LLC

For Goodness Shakes Ltd

Unrooted Drinks

Beet It Sport

PepsiCo (KeVita)

Arizona Beverages USA

Suja Life, LLC.

Hawaiian OLA

Pressed Juicery

For Customized reports or Special Pricing please visit @: Functional Shots Market Analysis Report

We have segmented the global functional shots market based on product, material, distribution channel, and region.

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Astaxanthin Market Size & Share | Statistics Report 2030

The global astaxanthin market reached a valuation of USD 2.34 billion in 2023, with projections indicating a compound annual growth rate (CAGR) of 17.1% from 2024 to 2030. This growth is driven by a rising demand for astaxanthin across various industries, including aquaculture, animal feed, nutraceuticals, cosmetics, pharmaceuticals, and food and beverages. Astaxanthin’s role in aquaculture is significant, where it is commonly used to enhance the coloration of species such as prawns, salmon, trout, and ornamental fish, increasing their market value. Additionally, astaxanthin offers numerous health benefits to aquatic animals, improving stress tolerance, performance, immune-related gene expression, reproductive capacity, survival rates, and disease resistance. To meet the rising demand in aquaculture, major industry players are focusing on product development and collaborative agreements.

Market growth is further supported by organizations that actively promote awareness of astaxanthin's diverse applications. For example, the Natural Algae Astaxanthin Association (NAXA) is influential in promoting, protecting, and educating the public on the benefits of natural astaxanthin across various industries. NAXA also supports relevant research and offers the NAXA Verification Seal to certify natural astaxanthin products.

To increase the penetration of natural astaxanthin-based products, companies are engaging in strategies such as new product launches and partnerships with influential players in related industries. For instance, Algalif partnered with Divi’s Nutraceuticals in May 2022 to release high-concentration astaxanthin beadlets called AstaBeads, targeting sports nutrition and healthy aging markets. Similarly, The Lubrizol Corporation launched ASTAGILE microcapsules in October 2020, focusing on enhancing cognitive and mental agility for both young and senior adults.

Gather more insights about the market drivers, restrains and growth of the Astaxanthin Market

The astaxanthin market showcases a high degree of innovation, with companies developing novel formulations and sustainable production methods. For example, Sirio Europe (SIRIO) revealed in August, 2023, its plan to introduce two new softgel products targeting the pharmaceutical sector during the CPHI Barcelona 2023 event.

The astaxanthin market is also characterized by a high level of merger and acquisition (M&A) activity by the leading players In January 2022, ENEOS Corporation disclosed its acquisition of Ecocert Inputs Attestation, a globally recognized certification organization. This strategic move strengthens ENEOS' position in the astaxanthin market, particularly for Panaferd-AX. The merger reflects the company's commitment to quality and international standards, contributing to the evolution of the industry.

Product Segmentation Insights:

In 2023, dried algae meal or biomass dominated the market with a share of 25.26%. This significant share is attributed to its applications in biomass production for other forms, such as capsules and tablets, minimal downstream processing, convenient bulk production, and a higher demand for use as animal feed. New product launches in the sector, such as Solabia-Algatech Nutrition Ltd’s AstaPure Arava gummies in October 2022, highlight the growing demand for algal astaxanthin. Additionally, in May 2022, Algalif collaborated with start-up company Marea to create a biodegradable coating using residual algae biomass. These advancements are anticipated to support growth in this segment over the forecast period.

The softgel segment is expected to experience strong growth in the coming years, as softgels are widely favored by consumers for their convenience and suitability for the geriatric population. Veggie softgels, derived from modified cornstarch and glycerin, are particularly popular among nutraceutical companies due to their plant-based origin and minimal side effects. Regulatory approvals are further boosting this segment; for example, in September 2021, NextFerm Technologies obtained regulatory approval in the U.S. to market Astaferm, an innovative antioxidant in oil form for softgels.

These factors collectively contribute to the expansion of the global astaxanthin market across various segments and applications.

Order a free sample PDF of the Astaxanthin Market Intelligence Study, published by Grand View Research.