Astaxanthin Market Size, Share, Growth Factors an Extensive Analysis Predicts Significant Future Growth 2031 Forecast

0
568

Astaxanthin Market:

Astaxanthin Market was valued at USD 1613.2 million in 2023 and is projected to expand from USD 1805.8 million in 2024 to USD 4423.0 million by 2031, growing at a CAGR of 13.65% from 2024 to 2031.

Astaxanthin, a powerful antioxidant from the carotenoid family, is primarily found in microalgae, yeast, and certain marine organisms such as shrimp, krill, and salmon, giving them their pink or red hue.

Astaxanthin has been studied for its potential health benefits due to its strong antioxidant properties, which help neutralize free radicals in the body. It is often marketed as a dietary supplement and is believed to support skin health, reduce inflammation, improve eye health, and enhance athletic performance.

📍𝐆𝐞𝐭 𝐈𝐧𝐬𝐭𝐚𝐧𝐭 𝐕𝐢𝐞𝐰 𝐀𝐜𝐜𝐞𝐬𝐬 @ https://www.kingsresearch.com/astaxanthin-market-1261

Top Developments:

In April 2023, Algalíf and Divis Nutraceuticals teamed up to introduce AstaBead™, a new product containing 5% natural astaxanthin in a tiny, protected oil-based form. This special beadlet improves how astaxanthin is delivered, making it more stable and easier for the body to absorb in health supplements.

Regulatory Framework Also Plays a Significant Role in Shaping the Market

In the U.S., the Food and Drug Administration (FDA) oversees the safety of dietary supplements containing astaxanthin. Manufacturers must adhere to the Dietary Supplement Health and Education Act (DSHEA) to ensure product safety and accurate labeling. Astaxanthin is generally recognized as safe (GRAS) when used appropriately.

List of Key Companies in Astaxanthin Market:

  • Cyanotech Corporation
  • Cardax, Inc.
  • Beijing Gingko Group (BGG)
  • Fuji Chemical Industries Co., Ltd
  • ENEOS Group
  • ALGAMO
  • BASF

Key Highlights:

The global astaxanthin market size was recorded at USD 1613.2 million in 2023.

The market is projected to grow at a CAGR of 13.65% from 2024 to 2031.

North America held a share of 35.12% in 2023, valued at USD 566.6 million.

The biomass/powder segment garnered USD 485.9 million in revenue in 2023.

The natural segment is expected to reach USD 985.8 million by 2031.

The animal feed and aquaculture segment is poised grow at a robust CAGR of 16.72% over the forecast period.

Asia Pacific is anticipated to grow at a CAGR of 14.98% through the projection period.

 

Related Reports and Latest Industry Development News:

CloudSign Expands to Five Municipalities in Fukushima

ITBusinessToday Weekly News RoundUp NTT AT Corporation, Netstars, ITSCOM, LayerX & More

SHIFT Inc launches “Generative AI 360°” for Japan AI use

Contact us:

Kings Research

Website: https://www.kingsresearch.com

E-mail: business@kingsresearch.com

Phone: (+1) 888 328 2189

البحث
إعلان مُمول
Title of the document
إعلان مُمول
ABU STUDENT PACKAGE
الأقسام
إقرأ المزيد
Film
~@~(..@)* Subhashree Sahu Viral Videos Original Link Tiktok Instagram Twitter obn
🌐 CLICK HERE 🟢==►► WATCH NOW 🔴 CLICK HERE 🌐==►► Download Now...
بواسطة Guifet Guifet 2025-02-17 12:46:12 0 739
Networking
Touch Sensor Market Share, Industry Share, Top Key Players, Regional Study 2030
Touch Sensor Market Share was valued at US$ 5.69 Bn. in 2023 and the total Touch Sensor...
بواسطة Shital Chaudhari 2025-02-11 15:19:48 0 830
Shopping
Find the Perfect Men's Diamond Ring Today
Picking the ideal Men's Diamond Rings can be a thrilling yet daunting task. Whether you desire a...
بواسطة Freya Parker 2025-02-25 16:19:45 0 761
Health
Vitamin Biomarkers Market Demand Rising with Technological Advancements in Diagnostic Testing Tools
In recent years, the global Vitamin Biomarkers Market has witnessed a notable transformation,...
بواسطة Snehal Shinde 2025-07-04 04:32:23 0 327
أخرى
Numersalis
Numersalis : Votre Partenaire Agile en Formation, Ingénierie et Développement...
بواسطة Meli Ora 2025-05-31 08:45:29 0 416