Astaxanthin Market Size, Rising Demand, Status With Key Players & Forecast To 2026
Astaxanthin is a naturally occurring dark red carotenoid found in nature primarily in aquatic animals such as salmon, trout, krill, shrimp, crayfish, and crustaceans. Astaxanthin is more than just a red pigment, it is one of the most powerful lipophilic antioxidants yet discovered. It has the unique capacity to quench free radicals and reactive species of oxygen and to inhibit lipid peroxidation. Studies have shown natural astaxanthin to be over 500 times stronger than vitamin E and much more potent than other carotenoids such as lutein, lycopene and ?-carotene. Moreover, Astaxanthin a xanthophyll carotenoid, is a nutrient with a unique molecule structure, it does not convert to vitamin a (retinol) and has no "pro-oxidant" activity.
Astaxanthin can be divided into two categories-Natural Astaxanthin type and Synthetic Astaxanthin type. Synthetic Astaxanthin type sales market share accounted for the highest proportion, with a figure of 82.11% in 2017, Natural Astaxanthin type account for 17.89%.
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The sales market share of global Astaxanthin in Nutraceuticals uses, Cosmetics use, Food & beverages use, Feed use and other applications have been stable year by year, at 9.58%, 3.96%, 3.14%, 80.37% and 2.95% respectively in 2017, and for several consecutive years, the amplitude was within one percent. This indicates that the segment of the Astaxanthin in the global market tends to be fixed without great changes. Among them, the Astaxanthin market has the most promising sales prospects in Feed use.
Radiant Insights, Inc. data shows that North America is the biggest contributor to the Astaxanthin revenue market, accounted for 37.32% of the total global market with a revenue of 27.41 million USD in 2017, followed by Europe, 21.62% with a revenue of 15.88 million USD.
Cyanotech is the largest company in the global Astaxanthin market, accounted for 26.74% of the revenue market share in 2017, followed by DSM and Fuji, accounted for 20.79% and 17.92% of the revenue market share in 2017.
This report focuses on top manufacturers in global market, Involved the assessment of Sales, price, revenue and market share for each manufacturer, covering
• DSM
• BASF
• Cyanotech
• Fuji
• BGG
• Yunnan Alphy Biotech
• Algatechnologies
• Parry Nutraceuticals
• Jingzhou Natural Astaxanthin
• JX Nippon Oil& Energy
• Supreme Biotechnologies
• Biogenic
• Zhejiang NHU…
On the basis of product, this report displays the Sales, revenue, price, market share and growth rate of each type, primarily split into
• Natural Astaxanthin
• Synthetic Astaxanthin
By Application, this report focuses on Sales, Market share and Growth Rate of each application, can be divided into
• Nutraceuticals
• Cosmetics
• Food & beverages
• Feed
• Others
By Regions, this report splits global market into several key regions, with Sales, Revenue, Price and Gross Margin market share of top players in these regions, from 2014 to 2026 (forecast), like
• China
• USA
• Europe
• Japan
• Korea
• India
• Southeast Asia
• South America
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Table of Contents
Global Astaxanthin Market Professional Survey Report 2019
1 Report Overview
1.1 Definition and Specification
1.2 Manufacturers and Region Overview
1.2.1 Manufacturers Overview
1.2.2 Regions Overview
1.3 Type Overview
1.3.1 Natural Astaxanthin
1.3.2 Synthetic Astaxanthin
1.4 Application Overview
1.4.1 Nutraceuticals
1.4.2 Cosmetics
1.4.3 Food & beverages
1.4.4 Feed
1.4.5 Others
1.5 Industrial Chain
1.5.1 Astaxanthin Industrial Chain
1.5.2 Upstream
1.5.3 Downstream
2.1 The Overall Market Performance(Volume)
2.1.1 Natural Astaxanthin
2.1.2 Synthetic Astaxanthin
2.2 The Overall Market Performance(Value)
2.2.1 Natural Astaxanthin
2.2.2 Synthetic Astaxanthin
3 Global Astaxanthin Market Assessment by Application
3.1 Overall Market Performance (Volume)
3.2 Nutraceuticals
3.3 Cosmetics
3.4 Food & beverages
3.5 Feed
3.6 Others
Continued…
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