Leading Astaxanthin Application Markets Databank
The Astaxanthin market was valued at $1,342.5 Million in 2020, and is projected to reach $4,615.0 Million by 2029 growing at a CAGR of 14.77% from 2021 to 2029. Aquaculture and Animal Feed segment is expected to be the highest contributor to this market, with $645.8 Million in 2020, and is anticipated to reach $2,422.0 Million by 2029, registering a CAGR of 15.88%. Aquaculture and Animal Feed and Nutraceuticals segments collectively expected to account for about 72.2% share of the Astaxanthin market in 2020, with the former constituting around 48.1% share. Aquaculture and Animal Feed and Food segments are expected to witness significant growth rates at a CAGR of 15.88% and 15.59% respectively, during the forecast period. Presently, share of these two segments is estimated to be around 57.1% in the overall Astaxanthin market in 2020, and is anticipated to reach 62.0% by 2029.
- 1. GLOBAL ASTAXANTHIN MARKET, BY APPLICATION
- 1.1. OVERVIEW
- 1.2. NUTRACEUTICALS
- 1.2.1 NUTRACEUTICALS MARKET, BY REGION
- 1.2.1.1 North America Nutraceuticals Market, By Country
- 1.2.1.2 Europe Nutraceuticals Market, By Country
- 1.2.1.3 Asia-Pacific Nutraceuticals Market, By Country
- 1.2.1.4 Rest of World Nutraceuticals Market, By Country
- 1.3. COSMETICS
- 1.3.1 COSMETICS MARKET, BY REGION
- 1.3.1.1 North America Cosmetics Market, By Country
- 1.3.1.2 Europe Cosmetics Market, By Country
- 1.3.1.3 Asia-Pacific Cosmetics Market, By Country
- 1.3.1.4 Rest of World Cosmetics Market, By Country
- 1.4. AQUACULTURE AND ANIMAL FEED
- 1.4.1 AQUACULTURE AND ANIMAL FEED MARKET, BY REGION
- 1.4.1.1 North America Aquaculture and Animal Feed Market, By Country
- 1.4.1.2 Europe Aquaculture and Animal Feed Market, By Country
- 1.4.1.3 Asia-Pacific Aquaculture and Animal Feed Market, By Country
- 1.4.1.4 Rest of World Aquaculture and Animal Feed Market, By Country
- 1.5. FOOD
- 1.5.1 FOOD MARKET, BY REGION
- 1.5.1.1 North America Food Market, By Country
- 1.5.1.2 Europe Food Market, By Country
- 1.5.1.3 Asia-Pacific Food Market, By Country
- 1.5.1.4 Rest of World Food Market, By Country
- 1.6. OTHER APPLICATIONS
- 1.6.1 OTHER APPLICATIONS MARKET, BY REGION
- 1.6.1.1 North America Other Applications Market, By Country
- 1.6.1.2 Europe Other Applications Market, By Country
- 1.6.1.3 Asia-Pacific Other Applications Market, By Country
- 1.6.1.4 Rest of World Other Applications Market, By Country
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