Global Astaxanthin Market Size- By Source, By Product, By Application- Regional Outlook, Competitive Strategies and Segment Forecast to 2034

Global Astaxanthin Market Introduction and Overview

According to SPER market research, ‘Global Astaxanthin Market Size- By Source, By Product, By Application- Regional Outlook, Competitive Strategies and Segment Forecast to 2034’ state that the Global Astaxanthin Market is predicted to reach 7.89 billion by 2034 with a CAGR of 15.03%.

A naturally occurring carotenoid pigment with potent antioxidant properties is Astaxanthin. It is primarily present in marine organisms including salmon, shrimp, and krill, as well as microalgae like Haematococcus pluvialis. Astaxanthin is a valuable molecule in nutrition and health because of its distinct molecular structure, which gives it a better capacity to scavenge free radicals than other antioxidants.

Restraints:

The Astaxanthin market faces various issues that threaten its growth and sustainability. One notable concern is the expensive expense of natural Astaxanthin extraction, which is primarily obtained from microalgae such as Haematococcus pluvialis. This procedure necessitates controlled growing conditions, improved harvesting techniques, and effective extraction technologies, resulting in increasing operational costs.

Scope of the report:

Report Metric Details
Market size available for years 2021-2034
Base year considered 2024
Forecast period 2025-2034

Segments covered

By Source, ByProduct, By Application

Regions covered

North America, Asia-Pacific, Latin America, Middle East & Africa andEurope

Companies Covered

ALGAMO,Algalíf Iceland ehf, Algatech Ltd, Atacama Bio Natural Products S.A., BeijingGingko Group (BGG), Cyanotech Corporation, E.I.D.– Parry (India) Limited, ENEOSCorporation, Fuji Chemical Industries Co., Ltd, PIVEG, Inc. and others.

Global Astaxanthin Market Segmentation:

By Source: Based on the Source, Global Astaxanthin Market is segmented as; Natural and Synthetic.

By Product:

Based on the Product, Global Astaxanthin Market is segmented as; Dried Algae Meal or Biomass Oil, Soft gel, Liquid and Others.

By Application:

Based on the Application, Global Astaxanthin Market is segmented as; Nutraceuticals, Cosmetics, Aquaculture and Animal Feed, Food and Others.

By Region:

This research also includes data for North America, Asia-Pacific, Latin America, Middle East & Africa and Europe.


1. Introduction
1.1. Scope of the report
1.2. Market segment analysis
2. Research Methodology
2.1. Research data source
2.1.1. Secondary Data
2.1.2. Primary Data
2.1.3. SPERs internal database
2.1.4. Premium insight from KOLs
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1. Drivers
4.1.2. Restraints
4.1.3. Opportunities
4.1.4. Challenges
5. Market variable and outlook
5.1. SWOT Analysis
5.1.1. Strengths
5.1.2. Weaknesses
5.1.3. Opportunities
5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape
5.2.2. Economic Landscape
5.2.3. Social Landscape
5.2.4. Technological Landscape
5.2.5. Environmental Landscape
5.2.6. Legal Landscape
5.3. PORTERs Five Forces
5.3.1. Bargaining power of suppliers
5.3.2. Bargaining power of buyers
5.3.3. Threat of Substitute
5.3.4. Threat of new entrant
5.3.5. Competitive rivalry
5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Global Astaxanthin Market Manufacturing Base Distribution, Sales Area, Product Type
6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Astaxanthin Market
7. Global Astaxanthin Market, By Source (USD Million) 2025-2034
7.1. Natural
7.2. Synthetic
8. Global Astaxanthin Market, By Product (USD Million) 2025-2034
8.1. Dried Algae Meal Or Biomass
8.2. Oil
8.3. Soft gel
8.4. Liquid
8.5. Others
9. Global Astaxanthin Market, By Application (USD Million) 2025-2034
9.1. Nutraceuticals
9.2. Cosmetics
9.3. Aquaculture And Animal Feed
9.4. Food
9.5. Others
10. Global Astaxanthin Market Forecast, 2025-2034 (USD Million)
10.1. Global Astaxanthin Market Size and Market Share
11. Global Astaxanthin Market, By Region, 2025-2034 (USD Million)
11.1. Asia-Pacific
11.1.1. Australia
11.1.2. China
11.1.3. India
11.1.4. Japan
11.1.5. South Korea
11.1.6. Rest of Asia-Pacific
11.2. Europe
11.2.1. France
11.2.2. Germany
11.2.3. Italy
11.2.4. Spain
11.2.5. United Kingdom
11.2.6. Rest of Europe
11.3. Middle East and Africa
11.3.1. Kingdom of Saudi Arabia
11.3.2. United Arab Emirates
11.3.3. Qatar
11.3.4. South Africa
11.3.5. Egypt
11.3.6. Morocco
11.3.7. Nigeria
11.3.8. Rest of Middle-East and Africa
11.4. North America
11.4.1. Canada
11.4.2. Mexico
11.4.3. United States
11.5. Latin America
11.5.1. Argentina
11.5.2. Brazil
11.5.3. Rest of Latin America
12. Company Profile
12.1. ALGAMO
12.1.1. Company details
12.1.2. Financial outlook
12.1.3. Product summary
12.1.4. Recent developments
12.2. Algalíf Iceland ehf
12.2.1. Company details
12.2.2. Financial outlook
12.2.3. Product summary
12.2.4. Recent developments
12.3. Algatech Ltd
12.3.1. Company details
12.3.2. Financial outlook
12.3.3. Product summary
12.3.4. Recent developments
12.4. Atacama Bio Natural Products S. A.
12.4.1. Company details
12.4.2. Financial outlook
12.4.3. Product summary
12.4.4. Recent developments
12.5. Beijing Gingko Group
12.5.1. Company details
12.5.2. Financial outlook
12.5.3. Product summary
12.5.4. Recent developments
12.6. Cyanotech Corporation
12.6.1. Company details
12.6.2. Financial outlook
12.6.3. Product summary
12.6.4. Recent developments
12.7. E. I. D. – Parry (India) Limited
12.7.1. Company details
12.7.2. Financial outlook
12.7.3. Product summary
12.7.4. Recent developments
12.8. ENEOS Corporation
12.8.1. Company details
12.8.2. Financial outlook
12.8.3. Product summary
12.8.4. Recent developments
12.9. Fuji Chemical Industries Co., Ltd
12.9.1. Company details
12.9.2. Financial outlook
12.9.3. Product summary
12.9.4. Recent developments
12.10. PIVEG, Inc.
12.10.1. Company details
12.10.2. Financial outlook
12.10.3. Product summary
12.10.4. Recent developments
13. Conclusion
14. List of Abbreviations
15. Reference Links

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook
Cookie Settings