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Europe Astaxanthin Market Size, Share & Trends Analysis Report By Source (Natural, Synthetic), By Product (Dried Algae Meal or Biomass, Oil, Softgel, Liquid), By Application, And Segment Forecasts, 2025 - 2033

Publisher Grand View Research
Published Aug 12, 2025
Length 150 Pages
SKU # GV20399955

Description

Europe Astaxanthin Market Summary

The Europe astaxanthin market size was estimated at USD 552.50 million in 2024 and is projected to reach USD 1,700.55 million by 2033, growing at a CAGR of 13.00% from 2025 to 2033. The increasing demand for natural antioxidants in the health and wellness sector is driving market expansion, as consumers increasingly focus on preventive healthcare and opt for nutritional supplements sourced from nature. Awareness of astaxanthin’s anti-inflammatory and antioxidative properties encourages its use for skin, eye, and cardiovascular health.

The growing incidence of age-related disorders prompts elderly consumers to include it in their daily routines, while athletes and fitness enthusiasts value its role in muscle recovery and endurance. Clean-label trends are boosting the adoption of microalgae-derived astaxanthin across Europe. At Vitafoods Europe 2024, Divi’s Nutraceuticals launched AstaBead, highly concentrated beadlets (5% astaxanthin) from microalgae oleoresin produced with 100% renewable energy, offering a clean-label, sugar-free, palm-oil-free, and nanoparticle-free solution. The shift toward chemical-free, plant-based nutraceuticals continues to reinforce this growth.

The cosmetics industry contributes significantly to market growth as astaxanthin gains traction as an active ingredient in anti-aging formulations. Skin care brands increasingly incorporate it into serums, creams, and sunscreens because it can combat oxidative stress and support skin elasticity. Consumer preference for beauty-from-within solutions is boosting the demand for ingestible astaxanthin supplements in the nutricosmetics category. Social media campaigns and influencer-driven marketing are accelerating product visibility among young consumers. In late 2023, the EU amended its novel food regulations to permit astaxanthin use in children aged 3-10 and adolescents aged 10-14, reflecting enhanced safety confidence and enabling product innovation targeting younger consumers. Moreover, scientific studies highlighting astaxanthin’s photoprotective and moisturizing effects are strengthening its positioning in premium personal care lines. Key market players are investing in advanced formulations that combine astaxanthin with collagen, hyaluronic acid, and other actives to enhance efficacy, widening the product appeal across various consumer demographics.

Europe Astaxanthin Market Report Segmentation

This report forecasts revenue growth at country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2021 to 2033. For this study, Grand View Research has segmented the Europe astaxanthin market report based on source, product, application, and country:
  • Source Outlook (Revenue, USD Million, 2021 - 2033)
  • Natural
  • Yeast
  • Krill/Shrimp
  • Microalgae
  • Others
  • Synthetic
  • Product Outlook (Revenue, USD Million, 2021 - 2033)
  • Dried Algae Meal or Biomass
  • Oil
  • Softgel
  • Liquid
  • Others
  • Application Outlook (Revenue, USD Million, 2021 - 2033)
  • Nutraceuticals
  • Cosmetics
  • Aquaculture and Animal Feed
  • Food
  • Functional Foods and Beverages
  • Other Traditional Food Manufacturing Applications
  • Others
Please note The report will be delivered in 2-3 business days upon order notification.

Table of Contents

150 Pages
Chapter 1. Methodology and Scope
1.1. Market Segmentation & Scope
1.2. Segment Definitions
1.2.1. Source
1.2.2. Product
1.2.3. Application
1.3. Estimates and Forecast Timeline
1.4. Research Methodology
1.5. Information Procurement
1.5.1. Purchased Database
1.5.2. GVR’s Internal Database
1.5.3. Secondary Sources
1.5.4. Primary Research
1.6. Information Analysis
1.6.1. Data Analysis Models
1.7. Market Formulation & Data Visualization
1.8. Model Details
1.8.1. Commodity Flow Analysis
1.9. List of Secondary Sources
1.10. Objectives
Chapter 2. Executive Summary
2.1. Market Snapshot
2.2. Segment Snapshot
2.3. Competitive Landscape Snapshot
Chapter 3. Europe Astaxanthin Market Variables, Trends, & Scope
3.1. Market Lineage Outlook
3.2. Market Dynamics
3.2.1. Market Driver Analysis
3.2.2. Market Restraint Analysis
3.3. Business Environment Analysis
3.3.1. Industry Analysis - Porter’s Five Forces Analysis
3.3.1.1. Supplier Power
3.3.1.2. Buyer Power
3.3.1.3. Substitution Threat
3.3.1.4. Threat of New Entrants
3.3.1.5. Competitive Rivalry
3.3.2. PESTLE Analysis
3.3.3. Pipeline Analysis
3.3.4. Patent Expiry Analysis
3.3.5. Pricing Analysis
Chapter 4. Europe Astaxanthin Market: Source Business Analysis
4.1. Source Market Share, 2024 & 2033
4.2. Source Segment Dashboard
4.3. Market Size & Forecasts and Trend Analysis, by Source, 2021 to 2033 (USD Million)
4.4. Natural
4.4.1. Natural Market, 2021 - 2033 (USD Million)
4.4.2. Yeast
4.4.2.1. Yeast Market, 2021 - 2033 (USD Million)
4.4.3. Krill/Shrimp
4.4.3.1. Krill/Shrimp Market, 2021 - 2033 (USD Million)
4.4.4. Microalgae
4.4.4.1. Microalgae Market, 2021 - 2033 (USD Million)
4.4.5. Others
4.4.5.1. Others Market, 2021 - 2033 (USD Million)
4.5. Synthetic
4.5.1. Synthetic Market, 2021 - 2033 (USD Million)
Chapter 5. Europe Astaxanthin Market: Product Business Analysis
5.1. Product Market Share, 2024 & 2033
5.2. Product Segment Dashboard
5.3. Market Size & Forecasts and Trend Analysis, by Product, 2021 to 2033 (USD Million)
5.4. Dried Algae Meal or Biomass
5.4.1. Dried Algae Meal or Biomass Market, 2021 - 2033 (USD Million)
5.5. Oil
5.5.1. Oil Market, 2021 - 2033 (USD Million)
5.6. Softgel
5.6.1. Softgel Market, 2021 - 2033 (USD Million)
5.7. Liquid
5.7.1. Liquid Market, 2021 - 2033 (USD Million)
5.8. Others
5.8.1. Others Market, 2021 - 2033 (USD Million)
Chapter 6. Europe Astaxanthin Market: Application Business Analysis
6.1. Application Market Share, 2024 & 2033
6.2. Application Segment Dashboard
6.3. Market Size & Forecasts and Trend Analysis, by Application, 2021 to 2033 (USD Million)
6.4. Nutraceuticals
6.4.1. Nutraceuticals Market, 2021 - 2033 (USD Million)
6.5. Cosmetics
6.5.1. Cosmetics Market, 2021 - 2033 (USD Million)
6.6. Aquaculture and Animal Feed
6.6.1. Aquaculture and Animal Feed Market, 2021 - 2033 (USD Million)
6.7. Food
6.7.1. Food Market, 2021 - 2033 (USD Million)
6.7.2. Functional Foods and Beverages
6.7.2.1. Functional Foods and Beverages Market, 2021 - 2033 (USD Million)
6.7.3. Other Traditional Food Manufacturing Applications
6.7.3.1. Other Traditional Food Manufacturing Applications Market, 2021 - 2033 (USD Million)
6.8. Others
6.8.1. Others Market, 2021 - 2033 (USD Million)
Chapter 7. Competitive Landscape
7.1. Participant Overview
7.2. Company Market Position Analysis
7.3. Company Categorization
7.4. Strategy Mapping
7.5. Company Profiles/Listing
7.5.1. Algalíf Iceland hf.
7.5.1.1. Overview
7.5.1.2. Financial Performance
7.5.1.3. Product Benchmarking
7.5.1.4. Strategic Initiatives
7.5.2. ALGAMO
7.5.2.1. Overview
7.5.2.2. Financial Performance
7.5.2.3. Product Benchmarking
7.5.2.4. Strategic Initiatives
7.5.3. BASF SE
7.5.3.1. Overview
7.5.3.2. Financial Performance
7.5.3.3. Product Benchmarking
7.5.3.4. Strategic Initiatives
7.5.4. DSM (dsm-firmenich)
7.5.4.1. Overview
7.5.4.2. Financial Performance
7.5.4.3. Product Benchmarking
7.5.4.4. Strategic Initiatives
7.5.5. Nutri-Link
7.5.5.1. Overview
7.5.5.2. Financial Performance
7.5.5.3. Product Benchmarking
7.5.5.4. Strategic Initiatives
7.5.6. The Synergy Company
7.5.6.1. Overview
7.5.6.2. Financial Performance
7.5.6.3. Product Benchmarking
7.5.6.4. Strategic Initiatives
7.5.7. Sea & Sun Organic GmbH
7.5.7.1. Overview
7.5.7.2. Financial Performance
7.5.7.3. Product Benchmarking
7.5.7.4. Strategic Initiatives
7.5.8. Fraunhofer CBP
7.5.8.1. Overview
7.5.8.2. Financial Performance
7.5.8.3. Product Benchmarking
7.5.8.4. Strategic Initiatives
7.5.9. VALENSA INTERNATIONAL
7.5.9.1. Overview
7.5.9.2. Financial Performance
7.5.9.3. Product Benchmarking
7.5.9.4. Strategic Initiatives
7.5.10. AstaReal
7.5.10.1. Overview
7.5.10.2. Financial Performance
7.5.10.3. Product Benchmarking
7.5.10.4. Strategic Initiatives

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