Astaxanthin is a keto-carotenoid with various uses including dietary supplement and food dye. It’s been linked to healthier skin, endurance, heart health, joint pain, and may even have a future in cancer treatment. According to market research study published by Gen Consulting Company, the global astaxanthin market stood at around USD 873 million in 2020 and is projected to rise to a worth of USD 1,506 million by 2027 end, thereby garnering a CAGR of 8.1% during 2021-2027.

The report provides in-depth analysis and insights regarding the current global market scenario, latest trends and drivers into global astaxanthin market. It offers an exclusive insight into various details such as market size, key trends, competitive landscape, growth rate and market segments. This study also provides an analysis of the impact of the COVID-19 crisis on the astaxanthin industry.

The astaxanthin market is segmented on the basis of product, Types Segment:, and region. The astaxanthin market is segmented as below:

By product:

  • natural astaxanthin
  • synthetic astaxanthin



By Types Segment::

  • animal feed
  • dietary supplements
  • pharmaceuticals
  • personal care
  • others



By region:

  • Asia Pacific
  • Europe
  • North America
  • Rest of the World (RoW)



The report explores the recent developments and profiles of key vendors in the Global Astaxanthin Market, including Algatech LTD, AstaReal AB, BASF SE, Beijing Gingko Group Biological Technology Co., Ltd. (BGG), Biogenic Co., Ltd., Cyanotech Corporation, Fuji Chemical Industries Co., Ltd., Koninklijke DSM N.V., Yunnan Alphy Biotech Co., Ltd., Zhejiang NHU Co., Ltd., among others.
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Historical & Forecast Period
This research report provides analysis for each segment from 2017 to 2027 considering 2020 to be the base year.

Scope of the Report

  • To analyze and forecast the market size of the global astaxanthin market.
  • To classify and forecast the global astaxanthin market based on product, Types Segment:, and region.
  • To identify drivers and challenges for the global astaxanthin market.
  • To examine competitive developments such as mergers & acquisitions, agreements, collaborations and partnerships, etc., in the global astaxanthin market.
  • To identify and analyze the profile of leading players operating in the global astaxanthin market.



Why Choose This Report

  • Gain a reliable outlook of the global astaxanthin market forecasts from 2021 to 2027 across scenarios.
  • Identify growth segments for investment.
  • Stay ahead of competitors through company profiles and market data.
  • The market estimate for ease of analysis across scenarios in Excel format.
  • Strategy consulting and research support for three months.
  • Print authentication provided for the single-user license.