Global Astaxanthin Market Growth: Natural Sourcing and Health Applications
The astaxanthin market is entering an exciting growth phase, fueled by rising consumer awareness of health and nutrition, alongside growing demand for natural and organic ingredients. Valued at USD 647.1 million in 2021, the astaxanthin market size is projected to reach USD 965.8 million by 2026, registering a robust CAGR of 8.3%. As more people recognize astaxanthin for its antioxidant properties...
Astaxanthin Market on the Rise: Health Awareness and Innovation Drive Growth
The global astaxanthin market is entering a dynamic growth phase, driven by rising consumer awareness of health and nutrition, coupled with demand for natural and organic food ingredients. Valued at USD 647.1 million in 2021, the market is forecast to grow to USD 965.8 million by 2026, at a CAGR of 8.3%. As astaxanthin continues gaining recognition for its antioxidant benefits and versatile applications,...
Growth opportunities and latent adjacency in Astaxanthin Market
The astaxanthin market has been segmented on the basis of source, application, form, and method of production, which are further divided into their subsegments. It has also been segmented on the basis of region into North America, Europe, Asia-Pacific, and the Rest of the World (RoW). The market for astaxanthin is projected to grow at a CAGR of 8.02% from 2017, to reach USD 814.1 million by 2022....
Astaxanthin Market is Growing Due to Rising Awareness Toward Preventive Healthcare & Nutraceuticals
Astaxanthin market is directly influenced by
the increase in geriatric population which in turn impacts the preventive
healthcare market changing consumer preferences toward healthy & wholesome
diets, and increasing prevalence of nutritional deficiency, which drives the
dietary supplements market.
The
astaxanthin market is projected to grow at a CAGR of 8.02% from 2017, to reach
a projected...
Astaxanthin market analysis with key companies & market revenue.
According to the FDA, “Astaxanthin is the major carotenoid responsible for the pink-red pigmentation of fish and shrimps. Being a pigment, astaxanthin has been shown to have other biological and nutritional functions, linked to its ability to act as a powerful antioxidant.”
Astaxanthin, also called the “king of carotenoids,” occurs naturally in certain algae and imparts pink-red color in trout,...