Global astaxanthin sales are estimated to be worth US$ 273.2 million in 2024. The astaxanthin market is set to reach US$ 665.0 million by 2034. It is projected to surge at a CAGR of 9.3% in the forecast period 2024 to 2034.
| Attributes | Key Insights |
|---|---|
| Global Astaxanthin Market Size (2024E) | US$ 273.2 million |
| Astaxanthin Market Value (2034F) | US$ 665.0 million |
| Value-based CAGR (2024 to 2034) | 9.3% |
The astaxanthin market is projected to rise due to increasing consumer awareness of nutritional products and dietary supplement usage. Astaxanthin is a strong antioxidant often used to treat illnesses like cancer, diabetes, and cardiovascular disorders. Growing knowledge of nutritious foods propels the nutraceutical industry, offering fewer side effects and lower hospitalization costs.
The astaxanthin industry is seeing innovation due to cultivation methods and biotechnology developments. Leading manufcturers and companies are spending money on research & development to increase the productivity of astaxanthin synthesis from organic materials like algae. Astaxanthin is becoming widely available in the market, and its production costs have decreased because of continuous technical improvements.
Astaxanthin is essential for male fertility, with studies indicating that high dosages of astaxanthin are set to enhance sperm parameters and produce high, strong sperm. Several global studies and reports continue to scout the relationship between astaxanthin and male fertility.
In Asia Pacific, China and India are potential countries for astaxanthin production due to their large populations, rapid urbanization, high disposable income, and increasing awareness about natural products. The market is set to grow due to investments made by global astaxanthin companies to surge their presence and reach in Asia Pacific.
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Global sales of astaxanthin increased at a CAGR of 8.2% from 2019 to 2023. The potent antioxidant qualities of astaxanthin began to gain interest from 2019 to 2023. Its potential health advantages led to its introduction as a nutraceutical element for human consumption.
Originally, it was employed in aquaculture to improve the color of farmed salmon. Astaxanthin as a dietary supplement saw a sharp increase from 2019 to 2023. Consumer interest in natural antioxidants for wellness and health propelled the astaxanthin supplement market. Astaxanthin supplements were first marketed to improve skin, eyes, cardiovascular, and anti-inflammatory qualities.
From 2019 to 2023, astaxanthin's uses grew beyond supplements. It was a natural food coloring to improve shrimp and salmon aquaculture pigmentation. Additionally, astaxanthin is set to benefit skin health and anti-aging. Hence, it began appearing in cosmetics and personal care products.
Significant progress was made in astaxanthin production technologies between 2019 and 2023. Effective biotechnological techniques like fermentation and synthetic biology were added to the traditional extraction methods from algae or crustaceans.
Such developments increased astaxanthin production sustainability, decreased production costs, and surged yields. During the forecast period, the global astaxanthin market is set to grow at a CAGR of 9.3%.
Astaxanthin's popularity as a dietary supplement continues to rise. Due to its high antioxidant content, it continues to be a popular product in the aquaculture industry. Astaxanthin finds applications beyond supplements, including the food & beverage, personal care, animal feed, and pharmaceutical industries due to its versatility and multi-offer benefits.
Astaxanthin is known to improve male sperm count and parameters for better infertility results. It is extensively used in the aquaculture industry due to its health benefits in aquaculture animals and is easily available for the industry in multiple product forms.
Manufacturers in the astaxanthin market are launching new and improved products to improve human health, eye conditions, and skin-related issues.
Growing research & development on astaxanthin is accelerating to improve heart health, boost the immune system, and propel global demand. Continuous product launches are being made by manufacturers to address skin and joint issues in aging individuals, fueling market growth.
Principal Consultant
In this section, the analysis will be drawn among two relevant markets. These are the personal care and cosmetics microalgae market and dietary supplement market. All the markets mentioned above are offering nutrient-dense products. Consumers are attracted to these products for their high nutritional value and easy-to-consume options.
Astaxanthin Market:
| Attributes | Astaxanthin Market |
|---|---|
| CAGR (2024 to 2034) | 9.3% |
| Factors Fueling Astaxanthin Market | Biotechnology developments and cultivation techniques are enhancing astaxanthin production efficiency, reducing costs, and propelling its availability across various industries, thereby fueling market growth. |
| Emerging Trends in Astaxanthin Extracts | Astaxanthin, a potent antioxidant, is gaining traction in the nutraceutical sector due to its health benefits, including skin, eye, cardiovascular, and anti-inflammatory properties. |
Personal Care and Cosmetics Microalgae Market:
| Attributes | Personal Care and Cosmetics Microalgae Market |
|---|---|
| CAGR (2024 to 2034) | 4.4% |
| Growth Factor | Various claims, such as non-GMO and organic products, are key factors fueling market growth. |
| Opportunity | Increasing usage of online platforms and online buying options are surging opportunities for leading companies in the market. |
| Key Trends | Hiring influencers on social media platforms for product awareness is a key trend in the market. |
Dietary Supplement Market:
| Attributes | Dietary Supplement Market |
|---|---|
| CAGR (2024 to 2034) | 8.1% |
| Growth Factor | An increasing number of gym goers and athletes over the globe is a key growth factor for the dietary supplement market. |
| Opportunity | Rising awareness about the benefits of dietary fiber and nutrients in one’s daily life is fueling demand for dietary supplements. |
| Key Trends | Innovation and continued product launches with unique marketing tactics are the growth strategies used by companies to attract consumers. |
The section explains the astaxanthin market in terms of key countries, including the United States, Germany, China, Japan, and India. The section also emphasizes the reasons that are pushing growth in each of the regions.
| Countries | Value-based CAGR (2024 to 2034) |
|---|---|
| United States | 11.1% |
| United Kingdom | 4.9% |
| Germany | 4.0% |
| China | 8.5% |
| India | 8.0% |
| Japan | 10.6% |
The United States astaxanthin market is growing due to several benefits of the product for heart patients. These include providing antioxidants and addressing skin issues like pigmentation & wrinkles. As heart and skin problems continue to grow in the United States, consumers are seeking healthy, valid solutions to address these issues.
The Natural Algae Astaxanthin Association (NAXA), a non-profit organization, is promoting awareness of the benefits of consuming astaxanthin in the United States. The United States is projected to surge at a CAGR of 11.1% during the forecast period.
China is set to rise at a CAGR of 8.5% through 2034. Rising popularity of dietary supplements is a key factor surging the steady increase in astaxanthin demand in China. Consumer interest in supplements containing astaxanthin is propelled by its health benefits, particularly its antioxidant characteristics and ability to promote joint, skin, and eye health.
In China, astaxanthin is gaining traction in the personal care and cosmetics sectors. Use of astaxanthin in skincare products is growing in popularity because of its anti-aging and UV-induced skin damage-preventing capabilities. Astaxanthin has become a popular active component in sunscreens and anti-aging formulas as customers look for natural and potent components for their skincare regimens in China.
Astaxanthin applications are found in Japan’s food and beverage sector. Astaxanthin, a natural pigment, is being used in snacks, dairy products, and beverages as a substitute for artificial food colorings due to growing health consciousness among consumers in Japan. The need for natural ingredients and clean labels fueled the use of astaxanthin as a food colorant.
Japan’s astaxanthin supply chain, traceability, and sustainability are becoming increasingly important. The environmental impact of astaxanthin manufacturing is making consumers and regulatory bodies more and more concerned. Consumer demand for transparency in sourcing procedures has led manufacturers to adopt sustainable practices and provide customers with traceability data.
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The section provides a detailed analysis of four leading market segments for astaxanthin. These include grade, application, species type, production technology, and form. The two key segments discussed below are 95% to 97% and natural extraction.
| Segment | Value-based CAGR (2024 to 2034) |
|---|---|
| 95% to 97% (Grade) | 8.8% |
| Aquaculture (Application) | 2.9% |
| Haematococcus Pluvialis (Species Type) | 8.7% |
| Powder (Form) | 7.6% |
95 to 97% grade astaxanthin is slated to emerge as the hegemon, capturing around 60% market share. Extensive applications across aquaculture, food & beverage, cosmetics & personal care, dietary supplements, and animal feed are projected to surge demand for 95 to 97% grade astaxanthin.
Several regulatory authorities, such as the United States FDA, the European Food Safety Authority (EFSA), and the Food Standards and Safety Authority of India (FSSAI), have approved 95 to 97% grade astaxanthin.
This range leads to minimum side effects, thereby rendering it safe to consume by humans or animals. Furthermore, 95 to 97% grade astaxanthin is used in manufacturing products in the beauty and personal care, food & beverages, and aquaculture industries.
Recent apprehensions regarding the potential adverse effects of chemically synthesized astaxanthin have triggered a notable shift in consumer preferences. Natural astaxanthin is witnessing a surge in interest and investment due to a broad trend toward products perceived as safer and more environmentally sustainable.
Companies are actively exploring innovative extraction techniques and sourcing practices to cater to this evolving consumer demand. Moreover, the burgeoning health and wellness movement, coupled with growing awareness of the benefits of natural ingredients, fuels demand for naturally extracted astaxanthin products.
Astaxanthin manufacturers focus on improving control over their supply chain to mitigate volatility caused by fluctuating product demand and costs. Several manufacturers continue launching the products as per demand and providing real and worthy solutions with various forms of astaxanthin products in the market.
Leading comapnies in the industry are prioritizing flexibility and enhancing their production capacity. Those operating in animal feed, pet food, and food & beverage industries are refining supply chain efficiency. They are also reducing the cost of operations to generate more profit in an extremely competitive environment.
Key companies and manufacturers value product launches as they serve as the foundation for market stability. In addition, partnerships and collaborations help manufacturers to surge their product outreach.
Recent Developments
The market is set to reach US$ 273.2 million in 2024.
Demand for astaxanthin is slated to surge at a 9.3% CAGR by 2034.
The market is set to reach US$ 665.0 million in 2034.
BASF SE, Divi’s Laboratories Ltd., and Cyanotech Corporation are the key players.
North America is estimated to hold a market share of 31.8% in 2034.
1. Executive Summary 1.1. Global Market Outlook 1.2. Demand Side Trends 1.3. Supply Side Trends 1.4. Technology Roadmap 1.5. Analysis and Recommendations 2. Market Overview 2.1. Market Coverage / Taxonomy 2.2. Market Definition 3. Market Dynamics 3.1. Drivers 3.1.1. Supply Side Drivers 3.1.2. Demand Side drivers 3.1.3. Economic Side Drivers 3.2. Restraints 3.3. Opportunity 3.4. Market trends by Region 3.5. Forecast Factors - Relevance & Impact 3.6. Regulations and Policies 4. Global Market - Pricing Analysis 4.1. Price Point Assessment by Region 4.1.1. Manufacturer Level Pricing 4.1.2. Distributor Level Pricing 4.2. Price Point Assessment by Grade 4.3. Price Forecast till 2034 5. Value Chain Analysis 5.1. Operating margins at each node of supply chain 5.2. List of Active Market Participants 6. Global Market Size in Value (US$ million) and Volume (MT) Analysis 2019 to 2023 and Forecast, 2024 to 2034 6.1. Historical Market Size in Value (US$ million) and Volume (MT) Analysis, 2019 to 2023 6.2. Current and Future Market Size in Value (US$ million) and Volume (MT) Analysis, 2024 to 2034 6.2.1. Y-o-Y Growth Trend Analysis 6.2.2. Absolute $ Opportunity Analysis 7. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by Grade 7.1. Introduction / Key Findings 7.2. Historical Market Size in Value (US$ million) and Volume (MT) Analysis by Grade, 2019 to 2023 7.3. Current and Future Market Size in Value (US$ million) and Volume (MT) Analysis and Forecast by Grade, 2024 to 2034 7.3.1. >=98% 7.3.2. 95% to 97% 7.3.3. <=94% 7.4. Market Attractiveness Analysis by Grade 8. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by Species Type 8.1. Introduction / Key Findings 8.2. Historical Market Size in Value (US$ million) and Volume (MT) Analysis by Species Type, 2019 to 2023 8.3. Current and Future Market Size in Value (US$ million) and Volume (MT) Analysis and Forecast by Species Type, 2024 to 2034 8.3.1. Haematococcus Pluvialis 8.3.2. Chlorococcum 8.3.3. Chlorella Zofingiensis 8.4. Market Attractiveness Analysis by Species Type 9. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by Form 9.1. Introduction / Key Findings 9.2. Historical Market Size in Value (US$ million) and Volume (MT) Analysis by Form, 2019 to 2023 9.3. Current and Future Market Size in Value (US$ million) and Volume (MT) Analysis and Forecast by Form, 2024 to 2034 9.3.1. Tablets 9.3.2. Soft Gel Capsules 9.3.3. Powder 9.3.4. Liquid 9.4. Market Attractiveness Analysis by Form 10. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by Application 10.1. Introduction / Key Findings 10.2. Historical Market Size in Value (US$ million) and Volume (MT) Analysis by Application, 2019 to 2023 10.3. Current and Future Market Size in Value (US$ million) and Volume (MT) Analysis and Forecast by Application, 2024 to 2034 10.3.1. Aquaculture 10.3.2. Dietary Supplements 10.3.3. Food & Beverages 10.3.4. Personal Care & Cosmetics 10.3.5. Pet Food 10.4. Market Attractiveness Analysis by Application 11. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by Production Technology 11.1. Introduction / Key Findings 11.2. Historical Market Size in Value (US$ million) and Volume (MT) Analysis by Production Technology, 2019 to 2023 11.3. Current and Future Market Size in Value (US$ million) and Volume (MT) Analysis and Forecast by Production Technology, 2024 to 2034 11.3.1. Chemical Synthesis 11.3.2. Natural Extraction 11.4. Market Attractiveness Analysis by Production Technology 12. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by Region 12.1. Introduction 12.2. Historical Market Size in Value (US$ million) and Volume (MT) Analysis by Region, 2019 to 2023 12.3. Current Market Size in Value (US$ million) and Volume (MT) Analysis and Forecast by Region, 2024 to 2034 12.3.1. North America 12.3.2. Latin America 12.3.3. Europe 12.3.4. East Asia 12.3.5. South Asia 12.3.6. Oceania 12.3.7. Middle East & Africa 12.4. Market Attractiveness Analysis by Region 13. North America Market Analysis 2019 to 2023 and Forecast 2024 to 2034 13.1. Introduction 13.2. Historical Market Size (US$ million) and Volume(MT) Trend Analysis by Market Taxonomy, 2019 to 2023 13.3. Market Size (US$ million) and Volume(MT) Forecast by Market Taxonomy, 2024 to 2034 13.3.1. by Country 13.3.1.1. United States 13.3.1.2. Canada 13.3.2. by Grade 13.3.3. by Species Type 13.3.4. by Form 13.3.5. by Application 13.3.6. by Production Technology 13.4. Market Attractiveness Analysis 13.4.1. by Country 13.4.2. by Grade 13.4.3. by Species Type 13.4.4. by Form 13.4.5. by Application 13.4.6. by Production Technology 13.5. Key takeaways 14. Latin America Market Analysis 2019 to 2023 and Forecast 2024 to 2034 14.1. Introduction 14.2. Historical Market Size (US$ million) and Volume(MT) Trend Analysis by Market Taxonomy, 2019 to 2023 14.3. Market Size (US$ million) and Volume (MT) Forecast by Market Taxonomy, 2024 to 2034 14.3.1. by Country 14.3.1.1. Brazil 14.3.1.2. Mexico 14.3.1.3. Argentina 14.3.1.4. Rest of Latin America 14.3.2. by Grade 14.3.3. by Species Type 14.3.4. by Form 14.3.5. by Application 14.3.6. by Production Technology 14.4. Market Attractiveness Analysis 14.4.1. by Country 14.4.2. by Grade 14.4.3. by Species Type 14.4.4. by Form 14.4.5. by Application 14.4.6. by Production Technology 14.5. Key takeaways 15. Europe Market Analysis 2019 to 2023 and Forecast 2024 to 2034 15.1. Introduction 15.2. Historical Market Size (US$ million) and Volume(MT) Trend Analysis by Market Taxonomy, 2019 to 2023 15.3. Market Size (US$ million) and Volume(MT) Forecast by Market Taxonomy, 2024 to 2034 15.3.1. by Country 15.3.1.1. Germany 15.3.1.2. United Kingdom 15.3.1.3. France 15.3.1.4. Italy 15.3.1.5. Spain 15.3.1.6. BENELUX 15.3.1.7. Nordic 15.3.1.8. Russia 15.3.1.9. Poland 15.3.1.10. Rest of Europe 15.3.2. by Grade 15.3.3. by Species Type 15.3.4. by Form 15.3.5. by Application 15.3.6. by Production Technology 15.4. Market Attractiveness Analysis 15.4.1. by Country 15.4.2. by Grade 15.4.3. by Species Type 15.4.4. by Form 15.4.5. by Application 15.4.6. by Production Technology 15.5. Key takeaways 16. East Asia Market Analysis 2019 to 2023 and Forecast 2024 to 2034 16.1. Introduction 16.2. Historical Market Size (US$ million) and Volume(MT) Trend Analysis by Market Taxonomy, 2019 to 2023 16.3. Market Size (US$ million) and Volume(MT) Forecast by Market Taxonomy, 2024 to 2034 16.3.1. by Country 16.3.1.1. China 16.3.1.2. Japan 16.3.1.3. South Korea 16.3.2. by Grade 16.3.3. by Species Type 16.3.4. by Form 16.3.5. by Application 16.3.6. by Production Technology 16.4. Market Attractiveness Analysis 16.4.1. by Country 16.4.2. by Grade 16.4.3. by Species Type 16.4.4. by Form 16.4.5. by Application 16.4.6. by Production Technology 16.5. Key takeaways 17. South Asia Market Analysis 2019 to 2023 and Forecast 2024 to 2034 17.1. Introduction 17.2. Historical Market Size (US$ million) and Volume (MT) Trend Analysis by Market Taxonomy, 2019 to 2023 17.3. Market Size (US$ million) and Volume(MT) Forecast by Market Taxonomy, 2024 to 2034 17.3.1. by Country 17.3.1.1. India 17.3.1.2. Thailand 17.3.1.3. Malaysia 17.3.1.4. Indonesia 17.3.1.5. Vietnam 17.3.1.6. Philippines 17.3.1.7. Singapore 17.3.1.8. Rest of South Asia 17.3.2. by Grade 17.3.3. by Species Type 17.3.4. by Form 17.3.5. by Application 17.3.6. by Production Technology 17.4. Market Attractiveness Analysis 17.4.1. by Country 17.4.2. by Grade 17.4.3. by Species Type 17.4.4. by Form 17.4.5. by Application 17.4.6. by Production Technology 17.5. Key takeaways 18. Oceania Market Analysis 2019 to 2023 and Forecast 2024 to 2034 18.1. Introduction 18.2. Historical Market Size (US$ million) and Volume(MT) Trend Analysis by Market Taxonomy, 2019 to 2023 18.3. Market Size (US$ million) and Volume(MT) Forecast by Market Taxonomy, 2024 to 2034 18.3.1. by Country 18.3.1.1. Australia 18.3.1.2. New Zealand 18.3.2. by Grade 18.3.3. by Species Type 18.3.4. by Form 18.3.5. by Application 18.3.6. by Production Technology 18.4. Market Attractiveness Analysis 18.4.1. by Country 18.4.2. by Grade 18.4.3. by Species Type 18.4.4. by Form 18.4.5. by Application by Production Technology 18.5. Key takeaways 19. Middle East and Africa Market Analysis 2019 to 2023 and Forecast 2024 to 2034 19.1. Introduction 19.2. Historical Market Size (US$ million) and Volume(MT) Trend Analysis by Market Taxonomy, 2019 to 2023 19.3. Market Size (US$ million) and Volume(MT) Forecast by Market Taxonomy, 2024 to 2034 19.3.1. by Country 19.3.1.1. GCC Countries 19.3.1.2. Turkiye 19.3.1.3. Egypt 19.3.1.4. South Africa 19.3.1.5. Rest of Middle East and Africa 19.3.2. by Grade 19.3.3. by Species Type 19.3.4. by Form 19.3.5. by Application 19.3.6. by Production Technology 19.4. Market Attractiveness Analysis 19.4.1. by Country 19.4.2. by Grade 19.4.3. by Species Type 19.4.4. by Form 19.4.5. by Application 19.4.6. by Production Technology 19.5. Key takeaways 20. Country-level Market Analysis, 2024 20.1. United States Market Analysis 20.1.1. by Grade 20.1.2. by Species Type 20.1.3. by Form 20.1.4. by Application 20.1.5. by Production Technology 20.2. Canada Market Analysis 20.2.1. by Grade 20.2.2. by Species Type 20.2.3. by Form 20.2.4. by Application 20.2.5. by Production Technology 20.3. Brazil Market Analysis 20.3.1. by Grade 20.3.2. by Species Type 20.3.3. by Form 20.3.4. by Application 20.3.5. by Production Technology 20.4. Mexico Market Analysis 20.4.1. by Grade 20.4.2. by Species Type 20.4.3. by Form 20.4.4. by Application 20.4.5. by Production Technology 20.5. Argentina Market Analysis 20.5.1. by Grade 20.5.2. by Species Type 20.5.3. by Form 20.5.4. by Application 20.5.5. by Production Technology 20.6. Germany Market Analysis 20.6.1. by Grade 20.6.2. by Species Type 20.6.3. by Form 20.6.4. by Application 20.6.5. by Production Technology 20.7. United Kingdom Market Analysis 20.7.1. by Grade 20.7.2. by Species Type 20.7.3. by Form 20.7.4. by Application 20.7.5. by Production Technology 20.8. France Market Analysis 20.8.1. by Grade 20.8.2. by Species Type 20.8.3. by Form 20.8.4. by Application 20.8.5. by Production Technology 20.9. Italy Market Analysis 20.9.1. by Grade 20.9.2. by Species Type 20.9.3. by Form 20.9.4. by Application 20.9.5. by Production Technology 20.10. Spain Market Analysis 20.10.1. by Grade 20.10.2. by Species Type 20.10.3. by Form 20.10.4. by Application 20.10.5. by Production Technology 20.11. BENELUX Market Analysis 20.11.1. by Grade 20.11.2. by Species Type 20.11.3. by Form 20.11.4. by Application 20.11.5. by Production Technology 20.12. Nordic Market Analysis 20.12.1. by Grade 20.12.2. by Species Type 20.12.3. by Form 20.12.4. by Application 20.12.5. by Production Technology 20.13. Russia Region Market Analysis 20.13.1. by Grade 20.13.2. by Species Type 20.13.3. by Form 20.13.4. by Application 20.13.5. by Production Technology 20.14. Poland Market Analysis 20.14.1. by Grade 20.14.2. by Species Type 20.14.3. by Form 20.14.4. by Application 20.14.5. by Production Technology 20.15. China Market Analysis 20.15.1. by Grade 20.15.2. by Species Type 20.15.3. by Form 20.15.4. by Application 20.15.5. by Production Technology 20.16. Japan Market Analysis 20.16.1. by Grade 20.16.2. by Species Type 20.16.3. by Form 20.16.4. by Application 20.16.5. by Production Technology 20.17. South Korea Market Analysis 20.17.1. by Grade 20.17.2. by Species Type 20.17.3. by Form 20.17.4. by Application 20.17.5. by Production Technology 20.18. India Market Analysis 20.18.1. by Grade 20.18.2. by Species Type 20.18.3. by Form 20.18.4. by Application 20.18.5. by Production Technology 20.19. Thailand Market Analysis 20.19.1. by Grade 20.19.2. by Species Type 20.19.3. by Form 20.19.4. by Application 20.19.5. by Production Technology 20.20. Malaysia Market Analysis 20.20.1. by Grade 20.20.2. by Species Type 20.20.3. by Form 20.20.4. by Application 20.20.5. by Production Technology 20.21. Indonesia Market Analysis 20.21.1. by Grade 20.21.2. by Species Type 20.21.3. by Form 20.21.4. by Application 20.21.5. by Production Technology 20.22. Vietnam Market Analysis 20.22.1. by Grade 20.22.2. by Species Type 20.22.3. by Form 20.22.4. by Application 20.22.5. by Production Technology 20.23. Philippines Market Analysis 20.23.1. by Grade 20.23.2. by Species Type 20.23.3. by Form 20.23.4. by Application 20.23.5. by Production Technology 20.24. Singapore Market Analysis 20.24.1. by Grade 20.24.2. by Species Type 20.24.3. by Form 20.24.4. by Application 20.24.5. by Production Technology 20.25. Australia Market Analysis 20.25.1. by Grade 20.25.2. by Species Type 20.25.3. by Form 20.25.4. by Application 20.25.5. by Production Technology 20.26. New Zealand Market Analysis 20.26.1. by Grade 20.26.2. by Species Type 20.26.3. by Form 20.26.4. by Application 20.26.5. by Production Technology 20.27. GCC Countries Market Analysis 20.27.1. by Grade 20.27.2. by Species Type 20.27.3. by Form 20.27.4. by Application 20.27.5. by Production Technology 20.28. Turkiye Market Analysis 20.28.1. by Grade 20.28.2. by Species Type 20.28.3. by Form 20.28.4. by Application 20.28.5. by Production Technology 20.29. Egypt Market Analysis 20.29.1. by Grade 20.29.2. by Species Type 20.29.3. by Form 20.29.4. by Application 20.29.5. by Production Technology 20.30. South Africa Market Analysis 20.30.1. by Grade 20.30.2. by Species Type 20.30.3. by Form 20.30.4. by Application 20.30.5. by Production Technology 21. Market Structure Analysis 21.1. Global Market Competition - a Dashboard View 21.2. Industry Structure Analysis 21.2.1. % tier 1 market players 21.2.2. % tier 2 market players 21.2.3. % tier 3 market players 21.3. Global Market Company Share Analysis 21.3.1. For Tier 1 Market Players, 2023 21.3.2. Company Market Share Analysis of Top 5 Players, by Region 21.4. Key Participants Market Presence (Intensity Mapping) by Region 22. Competition Analysis 22.1. Competition Dashboard 22.2. Competition Benchmarking 22.3. Competition Deep Dive 22.3.1. BASF SE 22.3.1.1. Source Portfolio 22.3.1.2. Source Claim 22.3.1.3. Revenue by Market Segments (Source/Channel/Region) 22.3.1.4. Sales Footprint 22.3.1.5. Strategy Overview 22.3.1.5.1. Marketing Strategy 22.3.1.5.2. Source Strategy 22.3.1.5.3. Channel Strategy 22.3.1.6. SWOT Analysis 22.3.2. Divi’s Laboratories Ltd 22.3.3. Cyanotech Corporation 22.3.4. DSM N.V 22.3.5. Parry Nutraceuticals 22.3.6. JXTG Nippon Oil & Energy Corporation 22.3.7. Fuji Chemical Industries Co., Ltd 22.3.8. Kunming Biogenic Co., Ltd 22.3.9. Valensa International Global 22.3.10. Kailu Ever Brilliance Biotechnology Co. Ltd 22.3.11. Algalif Iceland Ehf 22.3.12. Zhejiang NHU Co., Ltd 22.3.13. Others (on additional request) 23. Assumptions and Acronyms 24. Research Methodology
Food and Beverage
July 2021
REP-GB-13679
June 2023
342 pages
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Astaxanthin Market
