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Astaxanthin Market Forecasts to 2028 – Global Analysis By Product (Oil, Liquid, Softgel and Dried Algae Meal or Biomass), Source (Natural and Synthetic), Production Technology, Application and By Geography

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from $4,150 175 Pages Stratistics Market Research Consulting April, 2023 SMR17862468
Best Price Guarantee
Price from $4,150
Length 175 Pages
Publisher Stratistics Market Research Consulting
Published Date April, 2023
SKU SMR17862468

Astaxanthin Market Forecasts to 2028 – Global Analysis By Product (Oil, Liquid, Softgel and Dried Algae Meal or Biomass), Source (Natural and Synthetic), Production Technology, Application and By Geography

According to Stratistics MRC, the Global Astaxanthin Market is accounted for $864.2 million in 2022 and is expected to reach $1,651.6 million by 2028 growing at a CAGR of 11.3% during the forecast period. A molecule called a carotenoid, astaxanthin is present in some marine plants and animals. Plants receive their colour from a class of pigment called carotenoid. Astaxanthin, which can be used as a source for dietary supplements, is abundant in algae. Some seafood are coloured red or pink by astaxanthin. Antioxidant astaxanthin aids in lowering oxidation levels in the human body. As a result, producers are using astaxanthin in the production of functional foods and other goods, which is anticipated to stimulate the growth of the worldwide market.

According to China’s Fishery Report, China remained the world’s largest seafood producer with a production of 65.49 million metric tons. According to India Brand Equity Foundation (IBEF), Indian pharmaceuticals industry is expected to generate US $55 billion.

Market Dynamics

Driver:

Growing demand for organic foods

Organic food demand is always rising, largely as a result of consumer perceptions that organic food is safer and healthier than conventional food. Due to growing consumer awareness of organic products and the advantages of natural food colours for health, natural food colours are increasingly preferred over synthetic food colours. Consumers increasing health awareness and increased preference for environmentally friendly items are fueling market demand.

Restraint

Strict regulations

Astaxanthin product approval guidelines are very strict. To release their drug, companies must abide by numerous national and international regulations. The use of food and beverages containing astaxanthin has been impeded by government-imposed restrictions and regulations regarding the intake of these compounds, which prolong the approval process of these substances. However, one of the factors impeding market expansion is the high production cost caused by the scarcity of raw materials.

Opportunity

Increasing use of astaxanthin

Aquaculture, humans, and animals can all benefit from astaxanthin as a nutritional supplement. Astaxanthin has been widely employed in feed additives and the medical industry because of its antioxidant, colouring, and health-promoting properties. There is mounting evidence that astaxanthin, because of its diverse collective functions in skin biology, offers a number of health benefits and important nutraceutical uses in dermatology. These factors are propelling the growth of the market.

Threat

Risks associated with adulteration

The environment, people, and animals are all in grave peril from adulterated astaxanthin. Animals, unlike plants, cannot generate astaxanthin on their own and must consume it through diet. Furthermore, due to its expensive and labor-intensive production procedure from microalgae, natural astaxanthin may be extremely difficult to develop. Thus, adulteration poses a significant challenge to the growth of the market.

Covid-19 Impact

The COVID-19 epidemic increased consumer demand for astaxanthin-containing goods. Many medical professionals recommended using natural astaxanthin since it is an effective anti-oxidant and anti-inflammatory ingredient that speeds up recovery and boosts patients' gut and overall health as a result of the corona virus' weakening effects on immune systems. Also, the rising prevalence of obesity increased consumer preference for astaxanthin food supplements, which are known to promote metabolism and decrease toxins in the digestive system. This had a favourable impact on the industry environment.

The dried algae meal segment is expected to be the largest during the forecast period

The dried algae meal or Biomass segment is estimated to have a lucrative growth, due to the growing demand for algal astaxanthin. Such a high share is due to its wide availability. Few of its natural sources include Krill oil, and Xantho-phyllomyces dendrorhous. The use of biomass for the production of other formulations, the necessity of minimal downstream processing, higher use as animal feed, and convenient bulk production are some key factors driving the segment’s growth.

The nutraceuticals segment is expected to have the highest CAGR during the forecast period

The nutraceuticals segment is anticipated to witness the fastest CAGR growth during the forecast period, due to the increased demand for natural astaxanthin in nutritional products and better antioxidant properties of astaxanthin than other available food supplements. In addition, unhealthy lifestyles, a rapidly aging population, and insufficient intake of essential nutrients are propelling the demand for nutraceuticals.

Region with Largest share:

Asia Pacific is projected to hold the largest market share during the forecast period owing to the presence of highly proactive consumers. High unmet demands, rising astaxanthin production in the area, rising R&D spending, and economic expansion are some of the main factors driving up demand for these items in the area. Also, it is projected that rising urbanisation, high disposable income, and rising interest in natural astaxanthin will boost the market in this region.

Region with highest CAGR

North America is projected to have the highest CAGR over the forecast period, owing to the increasing prevalence of nutrition & skin-related diseases. The market is expected to be driven by rapid urbanisation, high consumer discretionary income levels, and rising interest in natural products. Furthermore, a large number of health-conscious people, an increase in the adoption of nutraceuticals, and a well-established cosmeceutical industry are some of the major factors accelerating market growth in the region.

Key players in the market

Some of the key players profiled in the Astaxanthin Market include BASF SE, Beijing Ginko Group, Koninklijke DSM N.V., Cyanotech Corporation, Atacama Bio Natural Products S.A., ENEOS Corporation, Algalíf Iceland ehf, Fuji Chemical Industries Co., Ltd, Algatech Ltd, Divi Laboratories Ltd., Beijing Gingko Group, DSM NV., JXTG Nippon Oil & Energy Corporation, Algaecan Biotech Ltd, Griffon Corporation Inc. and Stanley Black & Decker Inc.

Key Developments

In October 2020, Cyanotech Corporation launched a water-dispersible powder form of BioAstin, available in both 1% and 2% concentrations. It is free-flowing and dispersible in either hot or cold water.

In May 2019, Algatech LTD has launched a micro-encapsulated natural astaxanthin powder that is formulated for vision and brain health. This would help the company cater to new segments, strengthening its market presence.

Products Covered:
• Oil
• Liquid
• Softgel
• Dried Algae Meal

Sources Covered:
• Natural
• Synthetic

Production Technologies Covered:
• Yeast Production
• Algal Production
• Chemical Production
• Fermentation

Applications Covered:
• Cosmetics
• Pharmaceuticals
• Aquaculture and Animal Feed
• Food and Beverages
• Dietary Supplements
• Nutraceuticals

Regions Covered:
• North America
US
Canada
Mexico
• Europe
Germany
UK
Italy
France
Spain
Rest of Europe
• Asia Pacific
Japan
China
India
Australia
New Zealand
South Korea
Rest of Asia Pacific
• South America
Argentina
Brazil
Chile
Rest of South America
• Middle East & Africa
Saudi Arabia
UAE
Qatar
South Africa
Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2020, 2021, 2022, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements


1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Product Analysis
3.7 Application Analysis
3.8 Emerging Markets
3.9 Impact of Covid-19
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Astaxanthin Market, By Product
5.1 Introduction
5.2 Oil
5.3 Liquid
5.4 Softgel
5.5 Dried Algae Meal or Biomass
6 Global Astaxanthin Market, By Source
6.1 Introduction
6.2 Natural
6.2.1 Yeast & Microbes
6.2.2 Plants
6.2.3 Marine Animals
6.3 Synthetic
7 Global Astaxanthin Market, By Production Technology
7.1 Introduction
7.2 Yeast Production
7.3 Algal Production
7.4 Chemical Production
7.5 Fermentation
8 Global Astaxanthin Market, By Application
8.1 Introduction
8.2 Cosmetics
8.3 Pharmaceuticals
8.4 Aquaculture and Animal Feed
8.5 Food and Beverages
8.6 Dietary Supplements
8.7 Nutraceuticals
9 Global Astaxanthin Market, By Geography
9.1 Introduction
9.2 North America
9.2.1 US
9.2.2 Canada
9.2.3 Mexico
9.3 Europe
9.3.1 Germany
9.3.2 UK
9.3.3 Italy
9.3.4 France
9.3.5 Spain
9.3.6 Rest of Europe
9.4 Asia Pacific
9.4.1 Japan
9.4.2 China
9.4.3 India
9.4.4 Australia
9.4.5 New Zealand
9.4.6 South Korea
9.4.7 Rest of Asia Pacific
9.5 South America
9.5.1 Argentina
9.5.2 Brazil
9.5.3 Chile
9.5.4 Rest of South America
9.6 Middle East & Africa
9.6.1 Saudi Arabia
9.6.2 UAE
9.6.3 Qatar
9.6.4 South Africa
9.6.5 Rest of Middle East & Africa
10 Key Developments
10.1 Agreements, Partnerships, Collaborations and Joint Ventures
10.2 Acquisitions & Mergers
10.3 New Product Launch
10.4 Expansions
10.5 Other Key Strategies
11 Company Profiling
11.1 BASF SE
11.2 Beijing Ginko Group
11.3 Koninklijke DSM N.V.
11.4 Cyanotech Corporation
11.5 Atacama Bio Natural Products S.A.
11.6 ENEOS Corporation
11.7 Algalíf Iceland ehf
11.8 Fuji Chemical Industries Co., Ltd
11.9 Algatech Ltd
11.10 Divi Laboratories Ltd.
11.11 Beijing Gingko Group
11.12 DSM NV.
11.13 JXTG Nippon Oil & Energy Corporation
11.14 Algaecan Biotech Ltd
11.15 Griffon Corporation Inc.
11.16 Stanley Black & Decker Inc.
List of Tables
Table 1 Global Astaxanthin Market Outlook, By Region (2020-2028) ($MN)
Table 2 Global Astaxanthin Market Outlook, By Product (2020-2028) ($MN)
Table 3 Global Astaxanthin Market Outlook, By Oil (2020-2028) ($MN)
Table 4 Global Astaxanthin Market Outlook, By Liquid (2020-2028) ($MN)
Table 5 Global Astaxanthin Market Outlook, By Softgel (2020-2028) ($MN)
Table 6 Global Astaxanthin Market Outlook, By Dried Algae Meal or Biomass (2020-2028) ($MN)
Table 7 Global Astaxanthin Market Outlook, By Source (2020-2028) ($MN)
Table 8 Global Astaxanthin Market Outlook, By Natural (2020-2028) ($MN)
Table 9 Global Astaxanthin Market Outlook, By Yeast & Microbes (2020-2028) ($MN)
Table 10 Global Astaxanthin Market Outlook, By Plants (2020-2028) ($MN)
Table 11 Global Astaxanthin Market Outlook, By Marine Animals (2020-2028) ($MN)
Table 12 Global Astaxanthin Market Outlook, By Synthetic (2020-2028) ($MN)
Table 13 Global Astaxanthin Market Outlook, By Production Technology (2020-2028) ($MN)
Table 14 Global Astaxanthin Market Outlook, By Yeast Production (2020-2028) ($MN)
Table 15 Global Astaxanthin Market Outlook, By Algal Production (2020-2028) ($MN)
Table 16 Global Astaxanthin Market Outlook, By Chemical Production (2020-2028) ($MN)
Table 17 Global Astaxanthin Market Outlook, By Fermentation (2020-2028) ($MN)
Table 18 Global Astaxanthin Market Outlook, By Application (2020-2028) ($MN)
Table 19 Global Astaxanthin Market Outlook, By Cosmetics (2020-2028) ($MN)
Table 20 Global Astaxanthin Market Outlook, By Pharmaceuticals (2020-2028) ($MN)
Table 21 Global Astaxanthin Market Outlook, By Aquaculture and Animal Feed (2020-2028) ($MN)
Table 22 Global Astaxanthin Market Outlook, By Food and Beverages (2020-2028) ($MN)
Table 23 Global Astaxanthin Market Outlook, By Dietary Supplements (2020-2028) ($MN)
Table 24 Global Astaxanthin Market Outlook, By Nutraceuticals (2020-2028) ($MN)
Table 25 North America Astaxanthin Market Outlook, By Country (2020-2028) ($MN)
Table 26 North America Astaxanthin Market Outlook, By Product (2020-2028) ($MN)
Table 27 North America Astaxanthin Market Outlook, By Oil (2020-2028) ($MN)
Table 28 North America Astaxanthin Market Outlook, By Liquid (2020-2028) ($MN)
Table 29 North America Astaxanthin Market Outlook, By Softgel (2020-2028) ($MN)
Table 30 North America Astaxanthin Market Outlook, By Dried Algae Meal or Biomass (2020-2028) ($MN)
Table 31 North America Astaxanthin Market Outlook, By Source (2020-2028) ($MN)
Table 32 North America Astaxanthin Market Outlook, By Natural (2020-2028) ($MN)
Table 33 North America Astaxanthin Market Outlook, By Yeast & Microbes (2020-2028) ($MN)
Table 34 North America Astaxanthin Market Outlook, By Plants (2020-2028) ($MN)
Table 35 North America Astaxanthin Market Outlook, By Marine Animals (2020-2028) ($MN)
Table 36 North America Astaxanthin Market Outlook, By Synthetic (2020-2028) ($MN)
Table 37 North America Astaxanthin Market Outlook, By Production Technology (2020-2028) ($MN)
Table 38 North America Astaxanthin Market Outlook, By Yeast Production (2020-2028) ($MN)
Table 39 North America Astaxanthin Market Outlook, By Algal Production (2020-2028) ($MN)
Table 40 North America Astaxanthin Market Outlook, By Chemical Production (2020-2028) ($MN)
Table 41 North America Astaxanthin Market Outlook, By Fermentation (2020-2028) ($MN)
Table 42 North America Astaxanthin Market Outlook, By Application (2020-2028) ($MN)
Table 43 North America Astaxanthin Market Outlook, By Cosmetics (2020-2028) ($MN)
Table 44 North America Astaxanthin Market Outlook, By Pharmaceuticals (2020-2028) ($MN)
Table 45 North America Astaxanthin Market Outlook, By Aquaculture and Animal Feed (2020-2028) ($MN)
Table 46 North America Astaxanthin Market Outlook, By Food and Beverages (2020-2028) ($MN)
Table 47 North America Astaxanthin Market Outlook, By Dietary Supplements (2020-2028) ($MN)
Table 48 North America Astaxanthin Market Outlook, By Nutraceuticals (2020-2028) ($MN)
Table 49 Europe Astaxanthin Market Outlook, By Country (2020-2028) ($MN)
Table 50 Europe Astaxanthin Market Outlook, By Product (2020-2028) ($MN)
Table 51 Europe Astaxanthin Market Outlook, By Oil (2020-2028) ($MN)
Table 52 Europe Astaxanthin Market Outlook, By Liquid (2020-2028) ($MN)
Table 53 Europe Astaxanthin Market Outlook, By Softgel (2020-2028) ($MN)
Table 54 Europe Astaxanthin Market Outlook, By Dried Algae Meal or Biomass (2020-2028) ($MN)
Table 55 Europe Astaxanthin Market Outlook, By Source (2020-2028) ($MN)
Table 56 Europe Astaxanthin Market Outlook, By Natural (2020-2028) ($MN)
Table 57 Europe Astaxanthin Market Outlook, By Yeast & Microbes (2020-2028) ($MN)
Table 58 Europe Astaxanthin Market Outlook, By Plants (2020-2028) ($MN)
Table 59 Europe Astaxanthin Market Outlook, By Marine Animals (2020-2028) ($MN)
Table 60 Europe Astaxanthin Market Outlook, By Synthetic (2020-2028) ($MN)
Table 61 Europe Astaxanthin Market Outlook, By Production Technology (2020-2028) ($MN)
Table 62 Europe Astaxanthin Market Outlook, By Yeast Production (2020-2028) ($MN)
Table 63 Europe Astaxanthin Market Outlook, By Algal Production (2020-2028) ($MN)
Table 64 Europe Astaxanthin Market Outlook, By Chemical Production (2020-2028) ($MN)
Table 65 Europe Astaxanthin Market Outlook, By Fermentation (2020-2028) ($MN)
Table 66 Europe Astaxanthin Market Outlook, By Application (2020-2028) ($MN)
Table 67 Europe Astaxanthin Market Outlook, By Cosmetics (2020-2028) ($MN)
Table 68 Europe Astaxanthin Market Outlook, By Pharmaceuticals (2020-2028) ($MN)
Table 69 Europe Astaxanthin Market Outlook, By Aquaculture and Animal Feed (2020-2028) ($MN)
Table 70 Europe Astaxanthin Market Outlook, By Food and Beverages (2020-2028) ($MN)
Table 71 Europe Astaxanthin Market Outlook, By Dietary Supplements (2020-2028) ($MN)
Table 72 Europe Astaxanthin Market Outlook, By Nutraceuticals (2020-2028) ($MN)
Table 73 Asia Pacific Astaxanthin Market Outlook, By Country (2020-2028) ($MN)
Table 74 Asia Pacific Astaxanthin Market Outlook, By Product (2020-2028) ($MN)
Table 75 Asia Pacific Astaxanthin Market Outlook, By Oil (2020-2028) ($MN)
Table 76 Asia Pacific Astaxanthin Market Outlook, By Liquid (2020-2028) ($MN)
Table 77 Asia Pacific Astaxanthin Market Outlook, By Softgel (2020-2028) ($MN)
Table 78 Asia Pacific Astaxanthin Market Outlook, By Dried Algae Meal or Biomass (2020-2028) ($MN)
Table 79 Asia Pacific Astaxanthin Market Outlook, By Source (2020-2028) ($MN)
Table 80 Asia Pacific Astaxanthin Market Outlook, By Natural (2020-2028) ($MN)
Table 81 Asia Pacific Astaxanthin Market Outlook, By Yeast & Microbes (2020-2028) ($MN)
Table 82 Asia Pacific Astaxanthin Market Outlook, By Plants (2020-2028) ($MN)
Table 83 Asia Pacific Astaxanthin Market Outlook, By Marine Animals (2020-2028) ($MN)
Table 84 Asia Pacific Astaxanthin Market Outlook, By Synthetic (2020-2028) ($MN)
Table 85 Asia Pacific Astaxanthin Market Outlook, By Production Technology (2020-2028) ($MN)
Table 86 Asia Pacific Astaxanthin Market Outlook, By Yeast Production (2020-2028) ($MN)
Table 87 Asia Pacific Astaxanthin Market Outlook, By Algal Production (2020-2028) ($MN)
Table 88 Asia Pacific Astaxanthin Market Outlook, By Chemical Production (2020-2028) ($MN)
Table 89 Asia Pacific Astaxanthin Market Outlook, By Fermentation (2020-2028) ($MN)
Table 90 Asia Pacific Astaxanthin Market Outlook, By Application (2020-2028) ($MN)
Table 91 Asia Pacific Astaxanthin Market Outlook, By Cosmetics (2020-2028) ($MN)
Table 92 Asia Pacific Astaxanthin Market Outlook, By Pharmaceuticals (2020-2028) ($MN)
Table 93 Asia Pacific Astaxanthin Market Outlook, By Aquaculture and Animal Feed (2020-2028) ($MN)
Table 94 Asia Pacific Astaxanthin Market Outlook, By Food and Beverages (2020-2028) ($MN)
Table 95 Asia Pacific Astaxanthin Market Outlook, By Dietary Supplements (2020-2028) ($MN)
Table 96 Asia Pacific Astaxanthin Market Outlook, By Nutraceuticals (2020-2028) ($MN)
Table 97 South America Astaxanthin Market Outlook, By Country (2020-2028) ($MN)
Table 98 South America Astaxanthin Market Outlook, By Product (2020-2028) ($MN)
Table 99 South America Astaxanthin Market Outlook, By Oil (2020-2028) ($MN)
Table 100 South America Astaxanthin Market Outlook, By Liquid (2020-2028) ($MN)
Table 101 South America Astaxanthin Market Outlook, By Softgel (2020-2028) ($MN)
Table 102 South America Astaxanthin Market Outlook, By Dried Algae Meal or Biomass (2020-2028) ($MN)
Table 103 South America Astaxanthin Market Outlook, By Source (2020-2028) ($MN)
Table 104 South America Astaxanthin Market Outlook, By Natural (2020-2028) ($MN)
Table 105 South America Astaxanthin Market Outlook, By Yeast & Microbes (2020-2028) ($MN)
Table 106 South America Astaxanthin Market Outlook, By Plants (2020-2028) ($MN)
Table 107 South America Astaxanthin Market Outlook, By Marine Animals (2020-2028) ($MN)
Table 108 South America Astaxanthin Market Outlook, By Synthetic (2020-2028) ($MN)
Table 109 South America Astaxanthin Market Outlook, By Production Technology (2020-2028) ($MN)
Table 110 South America Astaxanthin Market Outlook, By Yeast Production (2020-2028) ($MN)
Table 111 South America Astaxanthin Market Outlook, By Algal Production (2020-2028) ($MN)
Table 112 South America Astaxanthin Market Outlook, By Chemical Production (2020-2028) ($MN)
Table 113 South America Astaxanthin Market Outlook, By Fermentation (2020-2028) ($MN)
Table 114 South America Astaxanthin Market Outlook, By Application (2020-2028) ($MN)
Table 115 South America Astaxanthin Market Outlook, By Cosmetics (2020-2028) ($MN)
Table 116 South America Astaxanthin Market Outlook, By Pharmaceuticals (2020-2028) ($MN)
Table 117 South America Astaxanthin Market Outlook, By Aquaculture and Animal Feed (2020-2028) ($MN)
Table 118 South America Astaxanthin Market Outlook, By Food and Beverages (2020-2028) ($MN)
Table 119 South America Astaxanthin Market Outlook, By Dietary Supplements (2020-2028) ($MN)
Table 120 South America Astaxanthin Market Outlook, By Nutraceuticals (2020-2028) ($MN)
Table 121 Middle East & Africa Astaxanthin Market Outlook, By Country (2020-2028) ($MN)
Table 122 Middle East & Africa Astaxanthin Market Outlook, By Product (2020-2028) ($MN)
Table 123 Middle East & Africa Astaxanthin Market Outlook, By Oil (2020-2028) ($MN)
Table 124 Middle East & Africa Astaxanthin Market Outlook, By Liquid (2020-2028) ($MN)
Table 125 Middle East & Africa Astaxanthin Market Outlook, By Softgel (2020-2028) ($MN)
Table 126 Middle East & Africa Astaxanthin Market Outlook, By Dried Algae Meal or Biomass (2020-2028) ($MN)
Table 127 Middle East & Africa Astaxanthin Market Outlook, By Source (2020-2028) ($MN)
Table 128 Middle East & Africa Astaxanthin Market Outlook, By Natural (2020-2028) ($MN)
Table 129 Middle East & Africa Astaxanthin Market Outlook, By Yeast & Microbes (2020-2028) ($MN)
Table 130 Middle East & Africa Astaxanthin Market Outlook, By Plants (2020-2028) ($MN)
Table 131 Middle East & Africa Astaxanthin Market Outlook, By Marine Animals (2020-2028) ($MN)
Table 132 Middle East & Africa Astaxanthin Market Outlook, By Synthetic (2020-2028) ($MN)
Table 133 Middle East & Africa Astaxanthin Market Outlook, By Production Technology (2020-2028) ($MN)
Table 134 Middle East & Africa Astaxanthin Market Outlook, By Yeast Production (2020-2028) ($MN)
Table 135 Middle East & Africa Astaxanthin Market Outlook, By Algal Production (2020-2028) ($MN)
Table 136 Middle East & Africa Astaxanthin Market Outlook, By Chemical Production (2020-2028) ($MN)
Table 137 Middle East & Africa Astaxanthin Market Outlook, By Fermentation (2020-2028) ($MN)
Table 138 Middle East & Africa Astaxanthin Market Outlook, By Application (2020-2028) ($MN)
Table 139 Middle East & Africa Astaxanthin Market Outlook, By Cosmetics (2020-2028) ($MN)
Table 140 Middle East & Africa Astaxanthin Market Outlook, By Pharmaceuticals (2020-2028) ($MN)
Table 141 Middle East & Africa Astaxanthin Market Outlook, By Aquaculture and Animal Feed (2020-2028) ($MN)
Table 142 Middle East & Africa Astaxanthin Market Outlook, By Food and Beverages (2020-2028) ($MN)
Table 143 Middle East & Africa Astaxanthin Market Outlook, By Dietary Supplements (2020-2028) ($MN)
Table 144 Middle East & Africa Astaxanthin Market Outlook, By Nutraceuticals (2020-2028) ($MN)

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