Press release
Astaxanthin Market Top Manufacturers, Size, Business Scenario, Share, Growth, Insights, Industry Analysis, Trends and Forecasts Report 2030
Astaxanthin Market: Introduction
The latest market forecast report published by Transparency Market Research on the astaxanthin market includes global industry analysis and opportunity assessment for 2020-2030. Revenue generated from the global astaxanthin market has been estimated to be valued at ~US$ 633 Mn in 2020, which is projected to increase at a CAGR of ~8%, to reach US$ 1.3 Bn by 2030.
As per studies conducted and research carried out on astaxanthin, it is potentially safe for use with very less side effects on human body and animals when consumed in any form such as tablets, soft gel, capsules, liquid, and powder The amount of astaxanthin found in whole food sources is generally safe and can be consumed with minimal risk of side effects. Potential side effects that may occur with supplementation include hormone changes, increased skin pigmentation, hair growth, and altered levels of calcium. In supplement form, however, it has been associated with some mild adverse symptoms as mentioned above.
Request Sample Copy: https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=16172
Innovation is Key for Market Players to Gain Competitive Advantage
The manufacturers of astaxanthin-based products can benefit from increasing the frequency of product launches, so that they can easily connect with the consumers and fulfil the growing demand for astaxanthin products. Conventionally, astaxanthin is available in powder and liquid format; however, new market players can formulate diverse astaxanthin formats and incorporate them into various products such as food and nutraceuticals to attract a larger consumer base.
Key players operating in the astaxanthin market, as profiled in the study, include
Algatechnologies Ltd.
Algaecan Biotech Ltd.
Archer Daniels Midland Co. (ADM)
BASF SE
BGG (Beijing Gingko Group)
Cardax, Inc.
Enquiry Before Buying: https://www.transparencymarketresearch.com/sample/sample.php?flag=EB&rep_id=16172
Government and Related Bodies lends Support to Production of Astaxanthin
Various government institutions and related regulatory bodies such as FDA and EU supports the production and delivery of astaxanthin in different applications, which include food & beverages, cosmetics, healthcare, aqua-feed. Astaxanthin is mainly used for coloration in salmons and other food products. Growing prevalence of astaxanthin is used in the healing process of obesity, male infertility, heart related diseases, diabetes, and other related diseases.
Astaxanthin Market - Segmentation
The report segments the astaxanthin into various segments - source, grade, application, form, production technology, and region. This report offers comprehensive data and information about the important market dynamics and growth parameters associated with these categories.
Global Astaxanthin Market: Segmentation
Astaxanthin Market by Source
Natural
Crustaceans
Crabs & Lobsters
Shrimps
Prawns & Crawfish
Others
Microalgae
Haematococcus P.
Chlorella Zofingiensis
Yeast/Fungi
Schizochytrium Genus
Synthetic
Astaxanthin Market by Grade
Cosmetic Grade
Feed Grade
Food Grade
Astaxanthin Market by Application
Aquaculture & Animal Feed
Pharmaceuticals
Dietary Supplements
Food & Beverages
Cosmetics
Request Brochure: https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=16172
Growing Demand from Food Industry Set to Boost Market Growth
The consistent growth in the demand for astaxanthin particularly from the food industry is expected to boost the growth of the astaxanthin market during the forecast period. In the past few decades, astaxanthin is increasingly being used as a food additive, owing to health benefits, including anti-inflammatory effects, improved immunity, and prevention of cerebrovascular and cardiovascular diseases, among others.
Over the past decade, several studies have revealed that astaxanthin can play an important role in preventing photoaging, improving sleep, minimizing obesity, protecting vocal cord, combating depression, and increase sperm motility, among others.
More Trending Reports by TMR:
https://www.prnewswire.com/news-releases/microgrid-market-to-expand-at-cagr-of-11-3-during-forecast-period-observes-tmr-study-301474147.html
https://www.prnewswire.com/news-releases/smart-coatings-market-to-expand-at-cagr-of-23-6-during-forecast-period-observes-tmr-study-301477653.html
https://www.prnewswire.com/news-releases/waterproofing-admixture-market-to-expand-at-cagr-of-7-9-during-forecast-period-observes-tmr-study-301481748.html
Contact Us
Mr. Rohit Bhisey
Transparency Market Research,
90 State Street, Suite 700,
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: https://www.transparencymarketresearch.com/
About Us
Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather, and analyse information.
The latest market forecast report published by Transparency Market Research on the astaxanthin market includes global industry analysis and opportunity assessment for 2020-2030. Revenue generated from the global astaxanthin market has been estimated to be valued at ~US$ 633 Mn in 2020, which is projected to increase at a CAGR of ~8%, to reach US$ 1.3 Bn by 2030.
As per studies conducted and research carried out on astaxanthin, it is potentially safe for use with very less side effects on human body and animals when consumed in any form such as tablets, soft gel, capsules, liquid, and powder The amount of astaxanthin found in whole food sources is generally safe and can be consumed with minimal risk of side effects. Potential side effects that may occur with supplementation include hormone changes, increased skin pigmentation, hair growth, and altered levels of calcium. In supplement form, however, it has been associated with some mild adverse symptoms as mentioned above.
Request Sample Copy: https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=16172
Innovation is Key for Market Players to Gain Competitive Advantage
The manufacturers of astaxanthin-based products can benefit from increasing the frequency of product launches, so that they can easily connect with the consumers and fulfil the growing demand for astaxanthin products. Conventionally, astaxanthin is available in powder and liquid format; however, new market players can formulate diverse astaxanthin formats and incorporate them into various products such as food and nutraceuticals to attract a larger consumer base.
Key players operating in the astaxanthin market, as profiled in the study, include
Algatechnologies Ltd.
Algaecan Biotech Ltd.
Archer Daniels Midland Co. (ADM)
BASF SE
BGG (Beijing Gingko Group)
Cardax, Inc.
Enquiry Before Buying: https://www.transparencymarketresearch.com/sample/sample.php?flag=EB&rep_id=16172
Government and Related Bodies lends Support to Production of Astaxanthin
Various government institutions and related regulatory bodies such as FDA and EU supports the production and delivery of astaxanthin in different applications, which include food & beverages, cosmetics, healthcare, aqua-feed. Astaxanthin is mainly used for coloration in salmons and other food products. Growing prevalence of astaxanthin is used in the healing process of obesity, male infertility, heart related diseases, diabetes, and other related diseases.
Astaxanthin Market - Segmentation
The report segments the astaxanthin into various segments - source, grade, application, form, production technology, and region. This report offers comprehensive data and information about the important market dynamics and growth parameters associated with these categories.
Global Astaxanthin Market: Segmentation
Astaxanthin Market by Source
Natural
Crustaceans
Crabs & Lobsters
Shrimps
Prawns & Crawfish
Others
Microalgae
Haematococcus P.
Chlorella Zofingiensis
Yeast/Fungi
Schizochytrium Genus
Synthetic
Astaxanthin Market by Grade
Cosmetic Grade
Feed Grade
Food Grade
Astaxanthin Market by Application
Aquaculture & Animal Feed
Pharmaceuticals
Dietary Supplements
Food & Beverages
Cosmetics
Request Brochure: https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=16172
Growing Demand from Food Industry Set to Boost Market Growth
The consistent growth in the demand for astaxanthin particularly from the food industry is expected to boost the growth of the astaxanthin market during the forecast period. In the past few decades, astaxanthin is increasingly being used as a food additive, owing to health benefits, including anti-inflammatory effects, improved immunity, and prevention of cerebrovascular and cardiovascular diseases, among others.
Over the past decade, several studies have revealed that astaxanthin can play an important role in preventing photoaging, improving sleep, minimizing obesity, protecting vocal cord, combating depression, and increase sperm motility, among others.
More Trending Reports by TMR:
https://www.prnewswire.com/news-releases/microgrid-market-to-expand-at-cagr-of-11-3-during-forecast-period-observes-tmr-study-301474147.html
https://www.prnewswire.com/news-releases/smart-coatings-market-to-expand-at-cagr-of-23-6-during-forecast-period-observes-tmr-study-301477653.html
https://www.prnewswire.com/news-releases/waterproofing-admixture-market-to-expand-at-cagr-of-7-9-during-forecast-period-observes-tmr-study-301481748.html
Contact Us
Mr. Rohit Bhisey
Transparency Market Research,
90 State Street, Suite 700,
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: https://www.transparencymarketresearch.com/
About Us
Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather, and analyse information.
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