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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 famous for strong antioxidant property. Generally, it has two types, astaxanthin oleoresin and astaxanthin powder. Natural astaxanthin content in astaxanthin oleoresin is higher than that in astaxanthin powder. So price of astaxanthin powder is lower than that of astaxanthin oleoresin. In 2017, production of astaxanthin powder was about 36114 Kg, with a share of 53.03%.
Natural astaxanthin is usually used in nutraceuticals, cosmetics, food & beverages, feed and other fields. Most natural astaxanthin manufacturers produce downstream nutraceuticals or cosmetics directly. Nutraceuticals is an important application of natural astaxanthin. Natural astaxanthin consumed in nutraceuticals was about 27677 Kg in 2017.
Although downstream demand for natural astaxanthin is too much, there are only several major suppliers in this industry, such as Cyanotech, Fuji, BGG, Parry Nutraceuticals, Algatechnologies, Biogenic, Jingzhou Natural Astaxanthin, Yunnan Alphy Biotech, ADM and Piveg. Great limitation in this industry is raw material resource. As main raw material of natural astaxanthin, microalga (haematococcus pluvialis) is easily interference by pests and diseases. Once raw material resource is abundant, there will be more and more enterprises entering this industry.
From 2013 to 2017, global natural astaxanthin production increased from 44488 Kg to 68102 Kg, with an average increase rate of 11.23%. Global production regions are mainly concentrated in China, Europe, North America and Japan. In 2017, Europe produced about 11.83% of global total natural astaxanthin. North America produced 42008 Kg, accounting for 61.68% in 2017.
Owing to high price of natural astaxanthin, global consumption regions are mainly distributed in Europe, North America and China. In 2017, North America consumed about 25724 Kg. Followed by Europe, with a consumption amount of 15032 Kg.
In the future, we predict that global demand for natural astaxanthin will keeps increasing. Raw material limitation in this industry will still be a question in next few years. By 2024, we predict that global consumption will be 21249 Kg.
The global Natural Astaxanthin market is valued at xx million US$ in 2018 and will reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 2019-2025. The objectives of this study are to define, segment, and project the size of the Natural Astaxanthin market based on company, product type, end user and key regions.
This report studies the global market size of Natural Astaxanthin in key regions like North America, Europe, Asia Pacific, Central & South America and Middle East & Africa, focuses on the consumption of Natural Astaxanthin in these regions.
This research report categorizes the global Natural Astaxanthin market by top players/brands, region, type and end user. This report also studies the global Natural Astaxanthin market status, competition landscape, market share, growth rate, future trends, market drivers, opportunities and challenges, sales channels and distributors.
The following manufacturers are covered in this report, with sales, revenue, market share for each company:
Cyanotech
Fuji
BGG
Parry Nutraceuticals
Algatechnologies
Biogenic
Jingzhou Natural Astaxanthin
Yunnan Alphy Biotech
ADM
Piveg
Market size by Product
Astaxanthin Oleoresin
Astaxanthin Powder
Others
Market size by End User
Nutraceuticals
Cosmetics
Food & Beverages
Feed
Others
Market size by Region
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Singapore
Malaysia
Philippines
Thailand
Vietnam
Europe
Germany
France
UK
Italy
Spain
Russia
Central & South America
Brazil
Rest of Central & South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa
The study objectives of this report are:
To study and analyze the global Natural Astaxanthin market size (value & volume) by company, key regions, products and end user, breakdown data from 2014 to 2018, and forecast to 2025.
To understand the structure of Natural Astaxanthin market by identifying its various subsegments.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
Focuses on the key global Natural Astaxanthin companies, to define, describe and analyze the sales volume, value, market share, market competition landscape and recent development.
To project the value and sales volume of Natural Astaxanthin submarkets, with respect to key regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
In this study, the years considered to estimate the market size of Natural Astaxanthin are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
This report includes the estimation of market size for value (million US$) and volume (MT). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Natural Astaxanthin market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Natural astaxanthin is famous for strong antioxidant property. Generally, it has two types, astaxanthin oleoresin and astaxanthin powder. Natural astaxanthin content in astaxanthin oleoresin is higher than that in astaxanthin powder. So price of astaxanthin powder is lower than that of astaxanthin oleoresin. In 2017, production of astaxanthin powder was about 36114 Kg, with a share of 53.03%.
Natural astaxanthin is usually used in nutraceuticals, cosmetics, food & beverages, feed and other fields. Most natural astaxanthin manufacturers produce downstream nutraceuticals or cosmetics directly. Nutraceuticals is an important application of natural astaxanthin. Natural astaxanthin consumed in nutraceuticals was about 27677 Kg in 2017.
Although downstream demand for natural astaxanthin is too much, there are only several major suppliers in this industry, such as Cyanotech, Fuji, BGG, Parry Nutraceuticals, Algatechnologies, Biogenic, Jingzhou Natural Astaxanthin, Yunnan Alphy Biotech, ADM and Piveg. Great limitation in this industry is raw material resource. As main raw material of natural astaxanthin, microalga (haematococcus pluvialis) is easily interference by pests and diseases. Once raw material resource is abundant, there will be more and more enterprises entering this industry.
From 2013 to 2017, global natural astaxanthin production increased from 44488 Kg to 68102 Kg, with an average increase rate of 11.23%. Global production regions are mainly concentrated in China, Europe, North America and Japan. In 2017, Europe produced about 11.83% of global total natural astaxanthin. North America produced 42008 Kg, accounting for 61.68% in 2017.
Owing to high price of natural astaxanthin, global consumption regions are mainly distributed in Europe, North America and China. In 2017, North America consumed about 25724 Kg. Followed by Europe, with a consumption amount of 15032 Kg.
In the future, we predict that global demand for natural astaxanthin will keeps increasing. Raw material limitation in this industry will still be a question in next few years. By 2024, we predict that global consumption will be 21249 Kg.
The global Natural Astaxanthin market is valued at xx million US$ in 2018 and will reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 2019-2025. The objectives of this study are to define, segment, and project the size of the Natural Astaxanthin market based on company, product type, end user and key regions.
This report studies the global market size of Natural Astaxanthin in key regions like North America, Europe, Asia Pacific, Central & South America and Middle East & Africa, focuses on the consumption of Natural Astaxanthin in these regions.
This research report categorizes the global Natural Astaxanthin market by top players/brands, region, type and end user. This report also studies the global Natural Astaxanthin market status, competition landscape, market share, growth rate, future trends, market drivers, opportunities and challenges, sales channels and distributors.
The following manufacturers are covered in this report, with sales, revenue, market share for each company:
Cyanotech
Fuji
BGG
Parry Nutraceuticals
Algatechnologies
Biogenic
Jingzhou Natural Astaxanthin
Yunnan Alphy Biotech
ADM
Piveg
Market size by Product
Astaxanthin Oleoresin
Astaxanthin Powder
Others
Market size by End User
Nutraceuticals
Cosmetics
Food & Beverages
Feed
Others
Market size by Region
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Singapore
Malaysia
Philippines
Thailand
Vietnam
Europe
Germany
France
UK
Italy
Spain
Russia
Central & South America
Brazil
Rest of Central & South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa
The study objectives of this report are:
To study and analyze the global Natural Astaxanthin market size (value & volume) by company, key regions, products and end user, breakdown data from 2014 to 2018, and forecast to 2025.
To understand the structure of Natural Astaxanthin market by identifying its various subsegments.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
Focuses on the key global Natural Astaxanthin companies, to define, describe and analyze the sales volume, value, market share, market competition landscape and recent development.
To project the value and sales volume of Natural Astaxanthin submarkets, with respect to key regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
In this study, the years considered to estimate the market size of Natural Astaxanthin are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
This report includes the estimation of market size for value (million US$) and volume (MT). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Natural Astaxanthin market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
