Global Astaxanthin Market Analysis Report 2023-2028 - PowerPoint PPT Presentation

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Global Astaxanthin Market Analysis Report 2023-2028

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The global astaxanthin market size reached US$ 754.0 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 1,209.9 Million by 2028, exhibiting a growth rate (CAGR) of 8.29% during 2023-2028. – PowerPoint PPT presentation

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Title: Global Astaxanthin Market Analysis Report 2023-2028


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Global Astaxanthin Market Report 2023-2028




Author Elena Anderson Marketing Manager IMARC
Group
2022 IMARC All Rights Reserved
Copyright IMARC Service Pvt Ltd. All Rights
Reserved
2
About IMARC Group
Report Description
International Market Analysis Research and
Consulting Group is a leading adviser on
management strategy and market research
worldwide. We partner with clients in all regions
and industry verticals to identify their
highest-value opportunities, address their most
critical challenges, and transform their
businesses. IMARCs information products include
major market, scientific, economic and
technological developments for business leaders
in pharmaceutical, industrial, and high
technology organizations. Market forecasts and
industry analysis for biotechnology, advanced
materials, chemicals, food and beverage, travel
and tourism, nanotechnology and novel processing
methods are at the top of the companys
expertise. IMARCs tailored approach combines
unfathomable insight into the dynamics of
companies and markets with close cooperation at
all levels of the client organization. This
ensures that our clients achieve unmatchable
competitive advantage, build more proficient
organizations, and secure lasting results.
3
Report Description and Highlights
Global Astaxanthin Market Outlook 2023-2028
The latest report by IMARC, titled
Astaxanthin Market Global Industry Trends,
Share, Size, Growth, Opportunity and Forecast
2023-2028, finds that the global astaxanthin
market size reached US 754.0 Million in 2022.
Astaxanthin refers to a red fat, soluble pigment
belonging to a group of chemicals known as
carotenoids. It occurs in yeast, shrimp, trout,
microalgae, and other sea creatures. Most
commonly, it is found in Pacific Salmon, giving
the fish its pinkish color. Astaxanthin offers
numerous health benefits due to antioxidant,
anti-inflammatory and antineoplastic properties.
It helps maintain healthy skin, endurance, heart
health, and joint pain and protects against
chemically induced cancers. In recent years,
astaxanthin has gained momentum due to its
employment as a functional food ingredient,
dietary supplement, and feed additive. Request a
Free PDF Sample of the Report
https//www.imarcgroup.com/astaxanthin-market/requ
estsample
Report Description

4
Report Description and Highlights
Report Description
Global Astaxanthin Market Trends One of the
primary factors driving the market is the rising
number of individuals diagnosed with cancer,
diabetes, cognitive health problems, and
cardiovascular diseases. Additionally, the
numerous health benefits offered by astaxanthin,
such as reducing blood sugar levels, increasing
blood flow, and minimizing pain in joints,
muscles and tendons, are creating a positive
market outlook. In line with this, the increasing
awareness amongst the masses about nutritional
products, along with the expanding preferences
for dietary supplements on account of the high
cost of hospitalization, is positively
influencing the market growth. Besides this,
manufacturers are utilizing cost-effective
technologies to produce astaxanthin with
micro-modules and photo-bioreactors to reduce
water wastage and saving electricity, which is
also accelerating the product adoption rate.
Furthermore, the extensive adoption of
astaxanthin in the food industry as a food
additive to preserve the taste, color, freshness
and quality of food items is driving the market
growth. Other growth-inducing factors include the
rising preference for dietary supplements and
increasing nutritional deficiency among
individuals. View Report TOC, Figures and
Tables https//www.imarcgroup.com/astaxanthin-mar
ket

5
Report Description and Highlights
Report Description
  • Key Market Segmentation
  • The report has segmented the Global Astaxanthin
    Market on the basis of type, component,
    deployment mode, organization size and vertical.
  • Breakup by Source
  • Natural
  • Yeast
  • Krill/Shrimp
  • Microalgae
  • Others
  • Synthetic
  • Synthetic
  • Breakup by Application
  • Nutraceuticals
  • Cosmetics


6
Report Description and Highlights
Report Description
  • Breakup by Product
  • Dried Algae Meal or Biomass
  • Oil
  • Softgel
  • Liquid
  • Others
  • Breakup by Country
  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • Middle East and Africa
  • Ask Analyst for Customization and Explore full
    Report with TOC List of Figures
    https//www.imarcgroup.com/request?typereportid
    4078flagE


7
Report Description and Highlights
Report Description
  • Competitive Landscape With Key Players
  • The competitive landscape of Global Astaxanthin
    Market has been studied in the report with the
    detailed profiles of the key players operating in
    the market.
  • Algatech LTD(Société La Biochimie Appliquée SA)
  • BASF SE
  • Beijing Gingko Group
  • Cardax Inc
  • Cyanotech Corporation
  • Divi's Laboratories Limited
  • E.I.D. - Parry (India) Limited (Murugappa Group)
  • Fenchem Biotek Ltd
  • Fuji Chemical Industries Co. Ltd.
  • Koninklijke DSM N.V.
  • Piveg Inc.


8
Key Questions Answered in the Report
Report Description

1. What was the size of the global astaxanthin
market in 2022? 2. What is the expected growth
rate of the global astaxanthin market during
2023-2028? 3. What are the key factors driving
the global astaxanthin market? 4. What has been
the impact of COVID-19 on the global astaxanthin
market? 5. What is the breakup of the global
astaxanthin market based on the source? 6. What
is the breakup of the global astaxanthin market
based on the product? 7. What is the breakup of
the global astaxanthin market based on the
application? 8. What are the key regions in the
global astaxanthin market? 9. Who are the key
players/companies in the global astaxanthin
market?
9
Table of Contents
Report Description
  • Preface
  • Scope and Methodology
  • 2.1 Objectives of the Study
  • 2.2 Stakeholders
  • 2.3 Data Sources
  • 2.3.1 Primary Sources
  • 2.3.2 Secondary Sources
  • 2.4 Market Estimation
  • 2.4.1 Bottom-Up Approach
  • 2.4.2 Top-Down Approach
  • 2.5 Forecasting Methodology
  • Executive Summary
  • 4 Introduction


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Table of Contents
Report Description
  • Global Astaxanthin Market
  • 5.1 Market Overview
  • 5.2 Market Performance
  • 5.3 Impact of COVID-19
  • 5.4 Market Forecast
  • Market Breakup by Source
  • 6.1 Natural
  • 6.1.1 Market Trends
  • 6.1.2 Key Segments
  • 6.1.2.1 Yeast
  • 6.1.2.2 Krill/Shrimp
  • 6.1.2.3 Microalgae
  • 6.1.2.4 Others
  • Click here to visit the complete table of content
    with list of figures and tables
    https//www.imarcgroup.com/astaxanthin-market/toc


11
Partial List of Clients
We are the trusted business partners to the
world's leading corporates, governments, and
institutions
A partial List of our Clients
12
Partial List of Clients
We are the trusted business partners to the
world's leading corporates, governments, and
institutions
A partial List of our Clients
13
Report Description and Highlights
Report Description

2022 IMARC All Rights Reserved This
Publication and all its contents unless
otherwise mentioned are copyrighted in the name
of International Market Analysis Research and
Consulting (IMARC). No part of this publication
may be reproduced, repackaged, redistributed or
resold in whole or in any part. The publication
may also not be used in any form or by and means
graphic electronic or mechanical, including
photocopying, recording, taping or by information
storage or retrieval, or by any other form,
without the express consent of International
Market Analysis Research and Consulting
(IMARC). Disclaimer All contents and data of
this publication, including forecasts, data
analysis and opinion have been based on
information and sources believed to be accurate
and reliable at the time of publishing.
International Market Analysis Research and
Consulting makes no representation of warranty of
any kind as to the accuracy or completeness of
any Information provided. IMARC accepts no
liability whatsoever for any loss or damage
resulting from opinion, errors or inaccuracies if
any found this publication. IMARC, IMARC Group
and Global Therapy Insight Series are registered
trademarks of International Market Analysis
Research and Consulting. All other trademarks
used in this publication are registered
trademarks of their respective companies.
14

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