Leading Astaxanthin Product 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. Dried Algae Meal segment is expected to be the highest contributor to this market, with $360.9 Million in 2020, and is anticipated to reach $1,176.8 Million by 2029, registering a CAGR of 14.10%. Softgel segment is anticipated to reach $1,117.3 Million by 2029 with the highest CAGR of 16.16%. Dried Algae Meal and Softgel segments collectively expected to account for about 48.6% share of the Astaxanthin market in 2020, with the former constituting around 26.9% share. Softgel and Liquid segments are expected to witness significant growth rates at a CAGR of 16.16% and 16.04% respectively, during the forecast period. Presently, share of these two segments is estimated to be around 40.7% in the overall Astaxanthin market in 2020, and is anticipated to reach 45.2% by 2029.
- 1. GLOBAL ASTAXANTHIN MARKET, BY PRODUCT
- 1.1. OVERVIEW
- 1.2. DRIED ALGAE MEAL
- 1.2.1 DRIED ALGAE MEAL MARKET, BY REGION
- 1.2.1.1 North America Dried Algae Meal Market, By Country
- 1.2.1.2 Europe Dried Algae Meal Market, By Country
- 1.2.1.3 Asia-Pacific Dried Algae Meal Market, By Country
- 1.2.1.4 Rest of World Dried Algae Meal Market, By Country
- 1.3. OIL
- 1.3.1 OIL MARKET, BY REGION
- 1.3.1.1 North America Oil Market, By Country
- 1.3.1.2 Europe Oil Market, By Country
- 1.3.1.3 Asia-Pacific Oil Market, By Country
- 1.3.1.4 Rest of World Oil Market, By Country
- 1.4. SOFTGEL
- 1.4.1 SOFTGEL MARKET, BY REGION
- 1.4.1.1 North America Softgel Market, By Country
- 1.4.1.2 Europe Softgel Market, By Country
- 1.4.1.3 Asia-Pacific Softgel Market, By Country
- 1.4.1.4 Rest of World Softgel Market, By Country
- 1.5. LIQUID
- 1.5.1 LIQUID MARKET, BY REGION
- 1.5.1.1 North America Liquid Market, By Country
- 1.5.1.2 Europe Liquid Market, By Country
- 1.5.1.3 Asia-Pacific Liquid Market, By Country
- 1.5.1.4 Rest of World Liquid Market, By Country
- 1.6. OTHER PRODUCTS
- 1.6.1 OTHER PRODUCTS MARKET, BY REGION
- 1.6.1.1 North America Other Products Market, By Country
- 1.6.1.2 Europe Other Products Market, By Country
- 1.6.1.3 Asia-Pacific Other Products Market, By Country
- 1.6.1.4 Rest of World Other Products Market, By Country
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