The latest update of “Global Natural Astaxanthin Market” released by Stratagem Market Insights, forecasts further growth in the global supply and demand. The market report builds upon our previous iteration and the new release reinforces the sentiment that the 2021-2028 period is expected to be a promising period for the global Natural Astaxanthin Market.
Overview of the Natural Astaxanthin Market:
Astaxanthin is a keto-carotenoid and belongs to a larger class of chemical compounds known as terpenes. They are built from five-carbon precursors. It is a reddish pigment that naturally occurs in algae and causes pink-red color similar to shrimp, salmon, or other seafood. Astaxanthin is used as a dietary supplement with cardiovascular benefits. The global astaxanthin market focuses on six regions namely North America, Latin America, Europe, Asia Pacific, Middle East, and Africa. The global astaxanthin market is expected to witness significant growth during the forecast period, owing to increasing demand for cosmetic products.
Market Drivers
Rising awareness toward preventive healthcare and nutraceuticals is expected to drive the growth of the global astaxanthin market during the forecast period. The awareness of preventive healthcare has increased significantly among consumers in both developed and emerging economies. Astaxanthin is a potent antioxidant and complements other existing antioxidants in a formulation. Consumers are increasingly consuming nutraceuticals that are derived from food sources with extra health benefits. Astaxanthin is a major constituent of nutraceuticals and other preventive healthcare products, which in turn, is expected to drive the growth of the global astaxanthin market during the forecast period. Furthermore, increasing demand for cosmetic products is expected to propel the global astaxanthin market growth over the forecast period.
Market Restraint
High cost of production is expected to hinder the global astaxanthin market growth over the forecast period.
Regional Insights
Among regions, North America is expected to witness significant growth in the global astaxanthin market during the forecast period. This is owing to the rising geriatric population and increasing demand for personal and beauty care products across the region. Furthermore, Asia Pacific is expected to register a lucrative growth rate over the forecast period, owing to the growing expansion of the animal feed industry in the region.
Competitive Section
Key players operating in the global astaxanthin market are BASF SE, Cardax, Inc., Fuji Chemical Industries Co., Ltd., AstaReal Inc., Koninklijke DSM N.V., Fuji Chemical Industries Co., Ltd., Algaecan Biotech Ltd., and Supreme Biotechnologies NZ Ltd.
Market Estimation:
The data processed and validated in secondary and primary research is analyzed to compute market estimation statistics. It involves market breakdown, bottom-up, and top-down research. Our research team considers macroeconomic factors to forecast a comprehensive statistical time series. Each data point is validated through the process data triangulation method to derive the final market estimation.
COVID-19 Impact:
The updated report, free extract available, comes with an option to access premium features that covers extensive past, current, and future data. Other valuable updates to the global Natural Astaxanthin Market report include a reviewed and refined pricing model for manufacturing and launch prices. The report incorporates new content to help give decision-makers key knowledge about the market and offers up-to-date forecasts accounting for the economic situation and impact of COVID-19.
Market Competition Assessment:
The Natural Astaxanthin Market is observed as the most diversified and competitive market comprising a large number of players. The market is dominated by several players, depending on their major competencies. The key players in this market are
- DSM
- BGG
- Supreme Biotechnologies
- Piveg
- Fuji
- Cyanotech
- Jingzhou Natural Astaxanthin
- Igene
- Parry Nutraceuticals
- Yunnan Alphy Biotech
- Biogenic
- Algatechnologies
- Zhejiang NHU
- ADM
Segments Covered in the Report:
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2021 to 2028. For the purpose of this study, Stratagem Market Insights has segmented the global Natural Astaxanthin Market report on the basis of Types, Applications, and Regions.
By Product Type, the market is primarily segmented into:
- Astaxanthin Powder
- Astaxanthin Oleoresin
By Applications, the market is segmented into:
- Feed
- Food & Beverages
- Cosmetics
- Nutraceuticals
- Others
The report covers the following Regions:
- North America
- Latin America
- Europe
- Asia Pacific
- Africa
- Middle East
Primary Research Insights:
The process of primary research starts with the verification and validation of every detail obtained in secondary research. This is done with the help of industry experts and in-house analysts who check the authentication of the data. Stratagem Market Insights also ensures that our research is not restricted by certain boundaries, which is why we consult each individual in the value chain including raw materials suppliers, local vendors, wholesale dealers, distributors, etc. We also make sure that every detail provided in the document will hold a certain value and it will not be trivial information. Moreover, current market trends, growth opportunities, drivers, and restraints are computed in primary research only.
The Report Sheds Light on Various Aspects of the Market, Some of the important ones are:
- What can be the best investment choices for venturing into new product and service lines?
- Which regions might see the demand maturing in certain segments in near future?
- Which government regulations might challenge the status of key regional markets?
- What are some of the value-grab opportunities in various segments?
- What will be the barrier to entry for new players in the market?
Why You Should Buy This Report:
- The report provides an all-inclusive environment of the analysis for the market
- In-depth secondary research and primary interviews
- Impact of various social, political, and economic factors
- Porter’s Five Forces Analysis
- Competitive Landscape
Available Customizations:
Custom research is one of the most crucial components of the business strategy that helps an organization gain insight into a specific business sector, aligned with its specific area of interest. Thus, SMI offers more accurate, pragmatic, and actionable information specifically tailored to suit your business needs.
1 Report Overview
1.1 Study Scope
1.2 Key Market Segments
1.3 Players Covered: Ranking by Natural Astaxanthin Market Revenue
1.4 Market Analysis by Type
1.5 Market by Application
1.5.1 Global Natural Astaxanthin Market Share by Application: 2021 VS 2027
1.6 Coronavirus Disease 2019 (Covid-19) Impact: Natural Astaxanthin Market
1.6.1 How the Covid-19 is Affecting the Natural Astaxanthin Market
1.6.1.1 Natural Astaxanthin Market Business Impact Assessment - Covid-19
1.6.2 Market Trends and Natural Astaxanthin Market Potential Opportunities in the COVID-19 Landscape
1.6.3 Measures / Proposal against Covid-19
1.6.3.1 Government Measures to Combat Covid-19 Impact
1.7 Study Objectives
1.8 Years Considered
2 Global Growth Trends by Regions
2.1 Natural Astaxanthin Market Perspective (2015-2027)
2.2 Natural Astaxanthin Market Growth Trends by Regions
2.2.1 Natural Astaxanthin Market Size by Regions: 2015 VS 2021 VS 2027
2.2.2 Natural Astaxanthin Market Historic Market Share by Regions (2015-2021)
2.2.3 Natural Astaxanthin Market Forecasted Market Size by Regions (2021-2027)
2.3 Industry Trends and Growth Strategy
2.3.1 Market Top Trends
2.3.2 Market Drivers
2.3.3 Market Challenges
2.3.4 Porters Five Forces Analysis
2.3.5 Natural Astaxanthin Market Growth Strategy
2.3.6 Primary Interviews with Key Natural Astaxanthin Market Players (Opinion Leaders)
3 Competition Landscape by Key Players
3.1 Global Top Natural Astaxanthin Market Players by Market Size
3.1.1 Global Top Natural Astaxanthin Market Players by Revenue (2015-2021)
3.1.2 Global Natural Astaxanthin Market Revenue Market Share by Players (2015-2021)
3.1.3 Global Natural Astaxanthin Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
3.2 Global Natural Astaxanthin Market Concentration Ratio
3.2.1 Global Natural Astaxanthin Market Concentration Ratio (CR5 and HHI)
3.2.2 Global Top 10 and Top 5 Companies by Natural Astaxanthin Market Revenue in 2019
3.3 Natural Astaxanthin Market Key Players Head office and Area Served
3.4 Key Players Natural Astaxanthin Market Product Solution and Service
3.5 Date of entering into Natural Astaxanthin Market
3.6 Mergers & Acquisitions, Expansion Plans
4 Breakdown Data by Type (2015-2027)
4.1 Global Natural Astaxanthin Market Historic Market Size by Type (2015-2021)
4.2 Global Natural Astaxanthin Market Forecasted Market Size by Type (2021-2027)
5 Natural Astaxanthin Market Breakdown Data by Application (2015-2027)
5.1 Global Natural Astaxanthin Market Size by Application (2015-2021)
5.2 Global Natural Astaxanthin Market Forecasted Market Size by Application (2021-2027)
6 North America
6.1 North America Natural Astaxanthin Market Size (2015-2021)
6.2 Natural Astaxanthin Market Key Players in North America (2019-2021)
6.3 North America Natural Astaxanthin Market Size by Type (2015-2021)
6.4 North America Natural Astaxanthin Market Size by Application (2015-2021)
7 Europe
7.1 Europe Natural Astaxanthin Market Size (2015-2021)
7.2 Natural Astaxanthin Market Key Players in Europe (2019-2021)
7.3 Europe Natural Astaxanthin Market Size by Type (2015-2021)
7.4 Europe Natural Astaxanthin Market Size by Application (2015-2021)
8 China
8.1 China Natural Astaxanthin Market Size (2015-2021)
8.2 Natural Astaxanthin Market Key Players in China (2019-2021)
8.3 China Natural Astaxanthin Market Size by Type (2015-2021)
8.4 China Natural Astaxanthin Market Size by Application (2015-2021)
9 Japan
9.1 Japan Natural Astaxanthin Market Size (2015-2021)
9.2 Natural Astaxanthin Market Key Players in Japan (2019-2021)
9.3 Japan Natural Astaxanthin Market Size by Type (2015-2021)
9.4 Japan Natural Astaxanthin Market Size by Application (2015-2021)
10 Southeast Asia
10.1 Southeast Asia Natural Astaxanthin Market Size (2015-2021)
10.2 Natural Astaxanthin Market Key Players in Southeast Asia (2019-2021)
10.3 Southeast Asia Natural Astaxanthin Market Size by Type (2015-2021)
10.4 Southeast Asia Natural Astaxanthin Market Size by Application (2015-2021)
11 India
11.1 India Natural Astaxanthin Market Size (2015-2021)
11.2 Natural Astaxanthin Market Key Players in India (2019-2021)
11.3 India Natural Astaxanthin Market Size by Type (2015-2021)
11.4 India Natural Astaxanthin Market Size by Application (2015-2021)
12 Central & South America
12.1 Central & South America Natural Astaxanthin Market Size (2015-2021)
12.2 Natural Astaxanthin Market Key Players in Central & South America (2019-2021)
12.3 Central & South America Natural Astaxanthin Market Size by Type (2015-2021)
12.4 Central & South America Natural Astaxanthin Market Size by Application (2015-2021)
13 Key Players Profiles
13.1 Company Details
13.2 Business Overview and Its Total Revenue
13.3 Natural Astaxanthin Market Introduction
13.4 Natural Astaxanthin Market Business (2015-2021)
13.5 Recent Development
14 Analyst's Viewpoints/Conclusions
15 Appendix
15.1 Research Methodology
15.1.1 Methodology/Research Approach
15.1.2 Data Source
15.2 Disclaimer
15.3 Author Details
List of Table
Table 1. Natural Astaxanthin Market Key Market Segments
Table 2. Key Players Covered: Ranking by Natural Astaxanthin Market Revenue
Table 3. Ranking of Global Top Natural Astaxanthin Market Manufacturers by Revenue (US$ Million) in 2019
Table 4. Global Natural Astaxanthin Market Size Growth Rate by Type (US$ Million): 2021 VS 2027
Table 5. COVID-19 Impact Global Market
Table 6. Opportunities and Trends for Natural Astaxanthin Market Players in the COVID-19 Landscape
Table 7. Present Opportunities in China & Elsewhere Due to the Coronavirus Crisis
Table 8. Key Regions/Countries Measures against Covid-19 Impact
Table 9. Proposal for Natural Astaxanthin Market Players to Combat Covid-19 Impact
Table 10. Global Natural Astaxanthin Market Size Growth by Application (US$ Million): 2021 VS 2027
Table 11. Global Natural Astaxanthin Market Size by Regions (US$ Million): 2021 VS 2027
Table 12. Global Natural Astaxanthin Market Size by Regions (2015-2021) (US$ Million)
Table 13. Global Natural Astaxanthin Market Share by Regions (2015-2021)
Table 14. Global Natural Astaxanthin Market Forecasted Market Size by Regions (2021-2027) (US$ Million)
Table 15. Global Natural Astaxanthin Market Share by Regions (2021-2027)
Table 16. Market Top Trends
Table 17. Key Drivers: Impact Analysis
Table 18. Key Challenges
Table 19. Natural Astaxanthin Market Growth Strategy
Table 20. Main Points Interviewed from Key Natural Astaxanthin Market Players
Table 21. Global Natural Astaxanthin Market Revenue by Players (2015-2021) (Million US$)
Table 22. Global Natural Astaxanthin Market Share by Players (2015-2021)
Table 23. Global Top Natural Astaxanthin Market Players by Company Type (Tier 1, Tier 2 and Tier 3) (based on the Revenue in Natural Astaxanthin Market as of 2019)
Table 24. Global Natural Astaxanthin Market by Players Market Concentration Ratio (CR5 and HHI)
Table 25. Key Players Headquarters and Area Served
Table 26. Key Players Natural Astaxanthin Market Product Solution and Service
Table 27. Date of entering into Natural Astaxanthin Market
Table 28. Mergers & Acquisitions, Expansion Plans
Table 29. Global Natural Astaxanthin Market Size by Type (2015-2021) (Million US$)
Table 30. Global Natural Astaxanthin Market Size Share by Type (2015-2021)
Table 31. Global Natural Astaxanthin Market Revenue Market Share by Type (2021-2027)
Table 31. Global Natural Astaxanthin Market Size Share by Application (2015-2021)
Table 33. Global Natural Astaxanthin Market Size by Application (2015-2021) (Million US$)
Table 34. Global Natural Astaxanthin Market Size Share by Application (2021-2027)
Table 35. North America Key Players Natural Astaxanthin Market Revenue (2019-2021) (Million US$)
Table 36. North America Key Players Natural Astaxanthin Market Share (2019-2021)
Table 37. North America Natural Astaxanthin Market Size by Type (2015-2021) (Million US$)
Table 38. North America Natural Astaxanthin Market Share by Type (2015-2021)
Table 39. North America Natural Astaxanthin Market Size by Application (2015-2021) (Million US$)
Table 40. North America Natural Astaxanthin Market Share by Application (2015-2021)
Table 41. Europe Key Players Natural Astaxanthin Market Revenue (2019-2021) (Million US$)
Table 42. Europe Key Players Natural Astaxanthin Market Share (2019-2021)
Table 43. Europe Natural Astaxanthin Market Size by Type (2015-2021) (Million US$)
Table 44. Europe Natural Astaxanthin Market Share by Type (2015-2021)
Table 45. Europe Natural Astaxanthin Market Size by Application (2015-2021) (Million US$)
Table 46. Europe Natural Astaxanthin Market Share by Application (2015-2021)
Table 47. China Key Players Natural Astaxanthin Market Revenue (2019-2021) (Million US$)
Table 48. China Key Players Natural Astaxanthin Market Share (2019-2021)
Table 49. China Natural Astaxanthin Market Size by Type (2015-2021) (Million US$)
Table 50. China Natural Astaxanthin Market Share by Type (2015-2021)
Table 51. China Natural Astaxanthin Market Size by Application (2015-2021) (Million US$)
Table 52. China Natural Astaxanthin Market Share by Application (2015-2021)
Table 53. Japan Key Players Natural Astaxanthin Market Revenue (2019-2021) (Million US$)
Table 54. Japan Key Players Natural Astaxanthin Market Share (2019-2021)
Table 55. Japan Natural Astaxanthin Market Size by Type (2015-2021) (Million US$)
Table 56. Japan Natural Astaxanthin Market Share by Type (2015-2021)
Table 57. Japan Natural Astaxanthin Market Size by Application (2015-2021) (Million US$)
Table 58. Japan Natural Astaxanthin Market Share by Application (2015-2021)
Table 59. Southeast Asia Key Players Natural Astaxanthin Market Revenue (2019-2021) (Million US$)
Table 60. Southeast Asia Key Players Natural Astaxanthin Market Share (2019-2021)
Table 61. Southeast Asia Natural Astaxanthin Market Size by Type (2015-2021) (Million US$)
Table 62. Southeast Asia Natural Astaxanthin Market Share by Type (2015-2021)
Table 63. Southeast Asia Natural Astaxanthin Market Size by Application (2015-2021) (Million US$)
Table 64. Southeast Asia Natural Astaxanthin Market Share by Application (2015-2021)
Table 65. India Key Players Natural Astaxanthin Market Revenue (2019-2021) (Million US$)
Table 66. India Key Players Natural Astaxanthin Market Share (2019-2021)
Table 67. India Natural Astaxanthin Market Size by Type (2015-2021) (Million US$)
Table 68. India Natural Astaxanthin Market Share by Type (2015-2021)
Table 69. India Natural Astaxanthin Market Size by Application (2015-2021) (Million US$)
Table 70. India Natural Astaxanthin Market Share by Application (2015-2021)
Table 71. Central & South America Key Players Natural Astaxanthin Market Revenue (2019-2021) (Million US$)
Table 72. Central & South America Key Players Natural Astaxanthin Market Share (2019-2021)
Table 73. Central & South America Natural Astaxanthin Market Size by Type (2015-2021) (Million US$)
Table 74. Central & South America Natural Astaxanthin Market Share by Type (2015-2021)
Table 75. Central & South America Natural Astaxanthin Market Size by Application (2015-2021) (Million US$)
Table 76. Central & South America Natural Astaxanthin Market Share by Application (2015-2021)
Table 77. Company Details
Table 78. Business Overview
Table 79. Product details
Table 80. Revenue in Natural Astaxanthin Market Business (2015-2021) (Million US$)
Table 81. Recent Development
List of Figures
Figure 1. Global Natural Astaxanthin Market Share by Type: 2021 VS 2027
Figure 2. Global Natural Astaxanthin Market Share by Application: 2021 VS 2027
Figure 3. Emergency Care Case Studies
Figure 4. Outpatient Facilities Case Studies
Figure 5. Hospitals Case Studies
Figure 6. Home Healthcare Facilities Case Studies
Figure 7. Natural Astaxanthin Market Report Years Considered
Figure 8. Global Natural Astaxanthin Market Size YoY Growth 2015-2027 (US$ Million)
Figure 9. Global Natural Astaxanthin Market Share by Regions: 2021 VS 2027
Figure 10. Global Natural Astaxanthin Market Share by Regions (2021-2027)
Figure 11. Porter's Five Forces Analysis
Figure 12. Global Natural Astaxanthin Market Share by Players in 2019
Figure 13. Global Top Natural Astaxanthin Market Players by Company Type (Tier 1, Tier 2, and Tier 3) (based on the Revenue in Natural Astaxanthin Market as of 2019
Figure 14. The Top 10 and 5 Players Market Share by Natural Astaxanthin Market Revenue in 2019
Figure 15. North America Natural Astaxanthin Market Size YoY Growth (2015-2021) (Million US$)
Figure 16. Europe Natural Astaxanthin Market Size YoY Growth (2015-2021) (Million US$)
Figure 17. China Natural Astaxanthin Market Size YoY Growth (2015-2021) (Million US$)
Figure 18. Japan Natural Astaxanthin Market Size YoY Growth (2015-2021) (Million US$)
Figure 19. Southeast Asia Natural Astaxanthin Market Size YoY Growth (2015-2021) (Million US$)
Figure 20. India Natural Astaxanthin Market Size YoY Growth (2015-2021) (Million US$)
Figure 21. Central & South America Natural Astaxanthin Market Size YoY Growth (2015-2021) (Million US$)
Figure 22. Bottom-up and Top-down Approaches for This Report
Figure 23. Data Triangulation
Figure 24. Key Executives Interviewed
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