Global Natural Astaxanthin Market Research Report 2023(Status and Outlook)

Global Natural Astaxanthin Market Research Report 2023(Status and Outlook)



Report Overview

Astaxanthin is a naturally occurring dark red carotenoid found in nature primarily in aquatic animals such as salmon, trout, krill, shrimp, crayfish, and crustaceans. 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 β-carotene. Natural astaxanthin is biosynthesized by living microalgae (H. Pluvialis). Natural astaxanthin with the molecular formula of C40H52O4 and CAS number 472-61-7 is a member of the carotenoid family and the main carotenoid found in algae and aquatic animals. It is more than just a red pigment; it is primarily an extremely powerful antioxidant. There are two types of natural astaxanthin included astaxanthin oleoresin and astaxanthin powder.

Global Natural Astaxanthin key players include Cyanotech, Fuji, BGG, Parry Nutraceuticals (Valensa International), Algatechnologies, etc. Global top five manufacturers hold a share about 75%. North America is the largest market, with a share about 70%, followed by China and Europe, total with a share about 25 percent. In terms of product, Astaxanthin Oleoresin is the largest segment, with a share about 50%. And in terms of application, the largest application is Nutraceuticals, followed by Cosmetics, Food & Beverages, Feed, etc.

The Global Natural Astaxanthin Market Size was estimated at USD 65 million in 2022 and is projected to reach USD 117.30 million by 2029, exhibiting a CAGR of 8.80% during the forecast period.

Bosson Research’s latest report provides a deep insight into the global Natural Astaxanthin market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc.

The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Natural Astaxanthin Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.

In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Natural Astaxanthin market in any manner.

Global Natural Astaxanthin Market: Market Segmentation Analysis

The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.

Key Company

Cyanotech

Fuji

BGG

Parry Nutraceuticals

Algatechnologies

Biogenic

Jingzhou Natural Astaxanthin

Yunnan Alphy Biotech

ADM

Piveg

Market Segmentation (by Type)

Astaxanthin Oleoresin

Astaxanthin Powder

Others

Market Segmentation (by Application)

Telecommunication

Consumer Electronics

Automotive

Medical

Geographic Segmentation

North America (USA, Canada, Mexico)

Europe (Germany, UK, France, Russia, Italy, Rest of Europe)

Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)

South America (Brazil, Argentina, Columbia, Rest of South America)

The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)

Key Benefits of This Market Research:

Industry drivers, restraints, and opportunities covered in the study

Neutral perspective on the market performance

Recent industry trends and developments

Competitive landscape & strategies of key players

Potential & niche segments and regions exhibiting promising growth covered

Historical, current, and projected market size, in terms of value

In-depth analysis of the Natural Astaxanthin Market

Overview of the regional outlook of the Natural Astaxanthin Market:

Key Reasons to Buy this Report:

Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change

This enables you to anticipate market changes to remain ahead of your competitors


1 Research Methodology and Statistical Scope
1.1 Market Definition and Statistical Scope of Natural Astaxanthin
1.2 Key Market Segments
1.2.1 Natural Astaxanthin Segment by Type
1.2.2 Natural Astaxanthin Segment by Application
1.3 Methodology & Sources of Information
1.3.1 Research Methodology
1.3.2 Research Process
1.3.3 Market Breakdown and Data Triangulation
1.3.4 Base Year
1.3.5 Report Assumptions & Caveats
2 Natural Astaxanthin Market Overview
2.1 Global Market Overview
2.1.1 Global Natural Astaxanthin Market Size (M USD) Estimates and Forecasts (2018-2029)
2.1.2 Global Natural Astaxanthin Sales Estimates and Forecasts (2018-2029)
2.2 Market Segment Executive Summary
2.3 Global Market Size by Region
3 Natural Astaxanthin Market Competitive Landscape
3.1 Global Natural Astaxanthin Sales by Manufacturers (2018-2023)
3.2 Global Natural Astaxanthin Revenue Market Share by Manufacturers (2018-2023)
3.3 Natural Astaxanthin Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.4 Global Natural Astaxanthin Average Price by Manufacturers (2018-2023)
3.5 Manufacturers Natural Astaxanthin Sales Sites, Area Served, Product Type
3.6 Natural Astaxanthin Market Competitive Situation and Trends
3.6.1 Natural Astaxanthin Market Concentration Rate
3.6.2 Global 5 and 10 Largest Natural Astaxanthin Players Market Share by Revenue
3.6.3 Mergers & Acquisitions, Expansion
4 Natural Astaxanthin Industry Chain Analysis
4.1 Natural Astaxanthin Industry Chain Analysis
4.2 Market Overview of Key Raw Materials
4.3 Midstream Market Analysis
4.4 Downstream Customer Analysis
5 The Development and Dynamics of Natural Astaxanthin Market
5.1 Key Development Trends
5.2 Driving Factors
5.3 Market Challenges
5.4 Market Restraints
5.5 Industry News
5.5.1 New Product Developments
5.5.2 Mergers & Acquisitions
5.5.3 Expansions
5.5.4 Collaboration/Supply Contracts
5.6 Industry Policies
6 Natural Astaxanthin Market Segmentation by Type
6.1 Evaluation Matrix of Segment Market Development Potential (Type)
6.2 Global Natural Astaxanthin Sales Market Share by Type (2018-2023)
6.3 Global Natural Astaxanthin Market Size Market Share by Type (2018-2023)
6.4 Global Natural Astaxanthin Price by Type (2018-2023)
7 Natural Astaxanthin Market Segmentation by Application
7.1 Evaluation Matrix of Segment Market Development Potential (Application)
7.2 Global Natural Astaxanthin Market Sales by Application (2018-2023)
7.3 Global Natural Astaxanthin Market Size (M USD) by Application (2018-2023)
7.4 Global Natural Astaxanthin Sales Growth Rate by Application (2018-2023)
8 Natural Astaxanthin Market Segmentation by Region
8.1 Global Natural Astaxanthin Sales by Region
8.1.1 Global Natural Astaxanthin Sales by Region
8.1.2 Global Natural Astaxanthin Sales Market Share by Region
8.2 North America
8.2.1 North America Natural Astaxanthin Sales by Country
8.2.2 U.S.
8.2.3 Canada
8.2.4 Mexico
8.3 Europe
8.3.1 Europe Natural Astaxanthin Sales by Country
8.3.2 Germany
8.3.3 France
8.3.4 U.K.
8.3.5 Italy
8.3.6 Russia
8.4 Asia Pacific
8.4.1 Asia Pacific Natural Astaxanthin Sales by Region
8.4.2 China
8.4.3 Japan
8.4.4 South Korea
8.4.5 India
8.4.6 Southeast Asia
8.5 South America
8.5.1 South America Natural Astaxanthin Sales by Country
8.5.2 Brazil
8.5.3 Argentina
8.5.4 Columbia
8.6 Middle East and Africa
8.6.1 Middle East and Africa Natural Astaxanthin Sales by Region
8.6.2 Saudi Arabia
8.6.3 UAE
8.6.4 Egypt
8.6.5 Nigeria
8.6.6 South Africa
9 Key Companies Profile
9.1 Cyanotech
9.1.1 Cyanotech Natural Astaxanthin Basic Information
9.1.2 Cyanotech Natural Astaxanthin Product Overview
9.1.3 Cyanotech Natural Astaxanthin Product Market Performance
9.1.4 Cyanotech Business Overview
9.1.5 Cyanotech Natural Astaxanthin SWOT Analysis
9.1.6 Cyanotech Recent Developments
9.2 Fuji
9.2.1 Fuji Natural Astaxanthin Basic Information
9.2.2 Fuji Natural Astaxanthin Product Overview
9.2.3 Fuji Natural Astaxanthin Product Market Performance
9.2.4 Fuji Business Overview
9.2.5 Fuji Natural Astaxanthin SWOT Analysis
9.2.6 Fuji Recent Developments
9.3 BGG
9.3.1 BGG Natural Astaxanthin Basic Information
9.3.2 BGG Natural Astaxanthin Product Overview
9.3.3 BGG Natural Astaxanthin Product Market Performance
9.3.4 BGG Business Overview
9.3.5 BGG Natural Astaxanthin SWOT Analysis
9.3.6 BGG Recent Developments
9.4 Parry Nutraceuticals
9.4.1 Parry Nutraceuticals Natural Astaxanthin Basic Information
9.4.2 Parry Nutraceuticals Natural Astaxanthin Product Overview
9.4.3 Parry Nutraceuticals Natural Astaxanthin Product Market Performance
9.4.4 Parry Nutraceuticals Business Overview
9.4.5 Parry Nutraceuticals Natural Astaxanthin SWOT Analysis
9.4.6 Parry Nutraceuticals Recent Developments
9.5 Algatechnologies
9.5.1 Algatechnologies Natural Astaxanthin Basic Information
9.5.2 Algatechnologies Natural Astaxanthin Product Overview
9.5.3 Algatechnologies Natural Astaxanthin Product Market Performance
9.5.4 Algatechnologies Business Overview
9.5.5 Algatechnologies Natural Astaxanthin SWOT Analysis
9.5.6 Algatechnologies Recent Developments
9.6 Biogenic
9.6.1 Biogenic Natural Astaxanthin Basic Information
9.6.2 Biogenic Natural Astaxanthin Product Overview
9.6.3 Biogenic Natural Astaxanthin Product Market Performance
9.6.4 Biogenic Business Overview
9.6.5 Biogenic Recent Developments
9.7 Jingzhou Natural Astaxanthin
9.7.1 Jingzhou Natural Astaxanthin Natural Astaxanthin Basic Information
9.7.2 Jingzhou Natural Astaxanthin Natural Astaxanthin Product Overview
9.7.3 Jingzhou Natural Astaxanthin Natural Astaxanthin Product Market Performance
9.7.4 Jingzhou Natural Astaxanthin Business Overview
9.7.5 Jingzhou Natural Astaxanthin Recent Developments
9.8 Yunnan Alphy Biotech
9.8.1 Yunnan Alphy Biotech Natural Astaxanthin Basic Information
9.8.2 Yunnan Alphy Biotech Natural Astaxanthin Product Overview
9.8.3 Yunnan Alphy Biotech Natural Astaxanthin Product Market Performance
9.8.4 Yunnan Alphy Biotech Business Overview
9.8.5 Yunnan Alphy Biotech Recent Developments
9.9 ADM
9.9.1 ADM Natural Astaxanthin Basic Information
9.9.2 ADM Natural Astaxanthin Product Overview
9.9.3 ADM Natural Astaxanthin Product Market Performance
9.9.4 ADM Business Overview
9.9.5 ADM Recent Developments
9.10 Piveg
9.10.1 Piveg Natural Astaxanthin Basic Information
9.10.2 Piveg Natural Astaxanthin Product Overview
9.10.3 Piveg Natural Astaxanthin Product Market Performance
9.10.4 Piveg Business Overview
9.10.5 Piveg Recent Developments
10 Natural Astaxanthin Market Forecast by Region
10.1 Global Natural Astaxanthin Market Size Forecast
10.2 Global Natural Astaxanthin Market Forecast by Region
10.2.1 North America Market Size Forecast by Country
10.2.2 Europe Natural Astaxanthin Market Size Forecast by Country
10.2.3 Asia Pacific Natural Astaxanthin Market Size Forecast by Region
10.2.4 South America Natural Astaxanthin Market Size Forecast by Country
10.2.5 Middle East and Africa Forecasted Consumption of Natural Astaxanthin by Country
11 Forecast Market by Type and by Application (2024-2029)
11.1 Global Natural Astaxanthin Market Forecast by Type (2024-2029)
11.1.1 Global Forecasted Sales of Natural Astaxanthin by Type (2024-2029)
11.1.2 Global Natural Astaxanthin Market Size Forecast by Type (2024-2029)
11.1.3 Global Forecasted Price of Natural Astaxanthin by Type (2024-2029)
11.2 Global Natural Astaxanthin Market Forecast by Application (2024-2029)
11.2.1 Global Natural Astaxanthin Sales (K MT) Forecast by Application
11.2.2 Global Natural Astaxanthin Market Size (M USD) Forecast by Application (2024-2029)
12 Conclusion and Key Findings

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