Navigating Growth: Astaxanthin Market Report and Size Predictions

The global astaxanthin market size was valued at USD 1,371.24 million in 2020 and is expected to grow at a compound annual growth rate (CAGR) of 16.8% from 2021 to 2028.

The research report with top-level information is a key benefit that provides qualitative and quantitative factors of the Astaxanthin Market. In this research survey, the features that have powered and reserved the market’s growth is also included in this market report. The research outline also contains the primary industry’s pattern and the international market’s projected volume based on the provincial estimation. Moreover, it also, gives details of a portion of the complete industry, new turns of events, and the effect of domestic and constrained market players, examinations openings as far as arising income pockets, changes in market strategies, product confirmations, key choices, product dispatches, landscape extensions, and mechanical developments and possessions in the market.

Astaxanthin Market, By Product (Oil, Softgel, Liquid), By Source (Natural, Synthetic), By Application (Aquaculture & Animal Feed, Nutraceuticals), By Region (North America, Europe, Asia-Pacific, Middle East and Africa and South America)

Astaxanthin Market Overview

The global astaxanthin market size was valued at USD 1,371.24 million in 2020 and is expected to grow at a compound annual growth rate (CAGR) of 16.8% from 2021 to 2028.

Request Research Sample Pages:


Astaxanthin is a powerful antioxidant with health benefits and is considered to be 550 times stronger than antioxidants, such as vitamin E. Nutraceuticals provide the required dietary supplements with fewer adverse effects and are widely used in the prevention of diseases, such as cardiovascular diseases (CVDs), diabetes, and cancer.

High demand for nutraceuticals due to their antioxidant properties and increased demand in the aquaculture & animal feed industry are some of the factors that have supported long-term expansion for Astaxanthin Market.

Astaxanthin Market Regional Analysis

North America held a market share of over 36% in 2020 and is expected to maintain its dominance over the forecast period. This dominance can be attributed to the existence of an established nutraceutical industry, growing awareness about the use of astaxanthin, and the presence of a health-conscious population.

Astaxanthin Market Competitive Landscape

Key Players



AstaReal Group, CO2 GRO Inc.

Beijing Gingko Group

E.I.D. – Parry (India) Limited

ENEOS Corporation




Algalif Iceland ehf

Recent Developments in Astaxanthin Market

  • October 2020, Cyanotech Corp. launched BioAstin Hawaiian Astaxanthin, a novel delivery platform of a water-dispersible powder.
  • May 2018, Algalíf Iceland ehf expanded its presence in the Asia Pacific market with Astalífastaxanthin oleoresins and launched IceCaps soft gelatin capsules & Icelandic Harvest.

To Grow Your Business Revenue, Make an Inquiry Before Buying at:


Reasons to Acquire Astaxanthin Market Report

  • Increase your understanding of the market for identifying the best and suitable strategies and decisions on the basis of sales or revenue fluctuations in terms of volume and value, distribution chain analysis, market trends and factors
  • Gain authentic and granular data access for Astaxanthin Market so as to understand the trends and the factors involved behind changing market situations
  • Qualitative and quantitative data utilization to discover arrays of future growth from the market trends of leaders to market visionaries and then recognize the significant areas to compete in the future
  • In-depth analysis of the changing trends of the market by visualizing the historic and forecast year growth patterns

Table of Contents

Astaxanthin Market is segmented into source, product, application and region.

On the basis of Source



On the basis of Product 

Dried algae meal or biomass





On the basis of Application 



Aquaculture and animal feed



On the basis of Region

Asia Pacific

North America


South America

Middle East & Africa

Get Direct Order of this Report:


Browse Related Reports:

Sugar Confectionery Market – Trends Forecast Till 2030

Sugar Confectionery Market, by Product Type (Hard-Boiled Sweets, Toffees, Caramels, & Nougat, Pastilles & Jellies, Mints, and Other Product Types) and Distribution Channel (Offline Stores, Online Platforms) and region (North America, Europe, Asia-Pacific, Middle East and Africa and South America).

Premium Wine Market – Trends Forecast Till 2030

Premium Wine Market, by Wine Flavour (Red Wine, Rose Wine and White Wine), Product Category (Alcoholic Wine and Non-Alcoholic Wine), Distribution Channel (Store Based Retailers and Online Retailers), Price Range, Wine Type and region (North America, Europe, Asia-Pacific, Middle East and Africa and South America).

Modified Starch Market – Trends Forecast Till 2030

Modified Starch Market, by Product (starch esters & ethers, resistant, cationic, pre-gelatinized, others), By Material (corn, wheat, cassava, potato, others), By Function (stabilizers, thickeners, emulsifiers, binders, others), By End-use (Food & Beverage, Animal Feed, Paper, Pharmaceuticals, Textiles), and region (North America, Europe, Asia-Pacific, Middle East and Africa and South America).


About Us:

Delvens is a strategic advisory and consulting company headquartered in New Delhi, India. The company holds expertise in providing syndicated research reports, customized research reports, and consulting services. Delvens qualitative and quantitative data is highly utilized by each level from niche to major markets, serving more than 1K prominent companies by assuring to provide the information on the country, regional, and global business environment. We have a database for more than 45 industries globally in more than 115+ major countries.

Delvens database assists clients by providing in-depth information on crucial business decisions. Delvens offers significant facts and figures across various industries: Healthcare, IT & Telecom, Chemicals & Materials, Semiconductor & Electronics, Energy, Pharmaceutical, Consumer Goods & Services, and Food & Beverages. Our company provides an exhaustive and comprehensive understanding of the business environment.

Contact Us:



SECTOR 90 NOIDA 201305, IN


[email protected]

Delvens Market Research

165 Blog posts