- July 14, 2020
- Category: Drugs and Therapeutics, Healthcare and LifeSciences
Global Astaxanthin Market Size study, by Source (Plant, Yeast & Microbes, Marine, Petroleum), Form (Dry, Liquid), Method of Production (Biological Process, Chemical Process), Application (Feed, Supplements, Food, Cosmetics) and Regional Forecasts 2020-2027
Chapter 1. Executive Summary 1.1. Market Snapshot 1.2. Global & Segmental Market Estimates & Forecasts, 2018-2027 (USD Billion) 1.2.1. Astaxanthin Market , by Region, 2018-2027 (USD Billion) 1.2.2. Astaxanthin Market , by Source, 2018-2027 (USD Billion) 1.2.3. Astaxanthin Market , by Form, 2018-2027 (USD Billion) 1.2.4. Astaxanthin Market , by Application, 2018-2027 (USD Billion) 1.2.5. Astaxanthin Market , by Method of Production, 2018-2027 (USD Billion) 1.3. Key Trends 1.4. Estimation Methodology 1.5. Research Assumption Chapter 2. Global Astaxanthin Market Definition and Scope 2.1. Objective of the Study 2.2. Market Definition & Scope 2.2.1. Scope of the Study 2.2.2. Industry Evolution 2.3. Years Considered for the Study 2.4. Currency Conversion Rates Chapter 3. Global Astaxanthin Market Dynamics 3.1. Astaxanthin Market Impact Analysis (2018-2027) 3.1.1. Market Drivers 3.1.2. Market Challenges 3.1.3. Market Opportunities Chapter 4. Global Astaxanthin Market Industry Analysis 4.1. Porter’s 5 Force Model 4.1.1. Bargaining Power of Suppliers 4.1.2. Bargaining Power of Buyers 4.1.3. Threat of New Entrants 4.1.4. Threat of Substitutes 4.1.5. Competitive Rivalry 4.1.6. Futuristic Approach to Porter’s 5 Force Model (2017-2027) 4.2. PEST Analysis 4.2.1. Political 4.2.2. Economical 4.2.3. Social 4.2.4. Technological 4.3. Investment Adoption Model 4.4. Analyst Recommendation & Conclusion Chapter 5. Global Astaxanthin Market , by Source 5.1. Market Snapshot 5.2. Global Astaxanthin Market by Source, Performance - Potential Analysis 5.3. Global Astaxanthin Market Estimates & Forecasts by Source 2017-2027 (USD Billion) 5.4. Astaxanthin Market , Sub Segment Analysis 5.4.1. Plant 5.4.2. Yeast & Microbes 5.4.3. Marine 5.4.4. Petroleum Chapter 6. Global Astaxanthin Market , By Form 6.1. Market Snapshot 6.2. Global Astaxanthin Market by Form, Performance - Potential Analysis 6.3. Global Astaxanthin Market Estimates & Forecasts by Form 2017-2027 (USD Billion) 6.4. Astaxanthin Market , Sub Segment Analysis 6.4.1. Dry Form 6.4.2. Liquid Form Chapter 7. Global Astaxanthin Market , by Application 7.1. Market Snapshot 7.2. Global Astaxanthin Market by Application, Performance - Potential Analysis 7.3. Global Astaxanthin Market Estimates & Forecasts by Application 2017-2027 (USD Billion) 7.4. Astaxanthin Market , Sub Segment Analysis 7.4.1. Feed 7.4.2. Supplements 7.4.3. Food 7.4.4. Cosmetics Chapter 8. Global Astaxanthin Market , by Method of Production 8.1. Market Snapshot 8.2. Global Astaxanthin Market by Method of Production, Performance - Potential Analysis 8.3. Global Astaxanthin Market Estimates & Forecasts by Method of Production 2017-2027 (USD Billion) 8.4. Astaxanthin Market , Sub Segment Analysis 8.4.1. Microalgae Cultivation 8.4.2. Fermentation 8.4.3. Extraction 8.4.4. Chemical Synthesis Chapter 9. Global Astaxanthin Market , Regional Analysis 9.1. Astaxanthin Market , Regional Market Snapshot 9.2. North America Astaxanthin Market 9.2.1. U.S. Astaxanthin Market 220.127.116.11. Source breakdown estimates & forecasts, 2017-2027 18.104.22.168. Application breakdown estimates & forecasts, 2017-2027 22.214.171.124. Form breakdown estimates & forecasts, 2017-2027 126.96.36.199. Method of Production breakdown estimates & forecasts, 2017-2027 9.2.2. Canada Astaxanthin Market 9.3. Europe Astaxanthin Market Snapshot 9.3.1. U.K. Astaxanthin Market 9.3.2. Germany Astaxanthin Market 9.3.3. France Astaxanthin Market 9.3.4. Spain Astaxanthin Market 9.3.5. Italy Astaxanthin Market 9.3.6. Rest of Europe Astaxanthin Market 9.4. Asia-Pacific Astaxanthin Market Snapshot 9.4.1. China Astaxanthin Market 9.4.2. India Astaxanthin Market 9.4.3. Japan Astaxanthin Market 9.4.4. Australia Astaxanthin Market 9.4.5. South Korea Astaxanthin Market 9.4.6. Rest of Asia Pacific Astaxanthin Market 9.5. Latin America Astaxanthin Market Snapshot 9.5.1. Brazil Astaxanthin Market 9.5.2. Mexico Astaxanthin Market 9.6. Rest of The World Astaxanthin Market Chapter 10. Competitive Intelligence 10.1. Top Market Strategies 10.2. Company Profiles 10.2.1. BASF SE 10.2.1.1. Key Information 10.2.1.2. Overview 10.2.1.3. Financial (Subject to Data Availability) 10.2.1.4. Product Summary 10.2.1.5. Recent Developments 10.2.2. Koninklijke DSM N.V. 10.2.3. Cyanotech Corporation 10.2.4. Otsuka Pharmaceutical Co., Ltd. 10.2.5. Valensa International 10.2.6. Fuji Chemical Industries Co., Ltd. 10.2.7. Divis Laboratories Ltd. 10.2.8. Beijing Ginko Group (BGG) 10.2.9. Igene Biotechnology Inc. 10.2.10. Piveg, Inc. Chapter 11. Research Process 11.1. Research Process 11.1.1. Data Mining 11.1.2. Analysis 11.1.3. Market Estimation 11.1.4. Validation 11.1.5. Publishing 11.2. Research Attributes 11.3. Research Assumption
Global Astaxanthin Market is valued approximately USD 0.6 billion in 2019 and is anticipated to grow with a healthy growth rate of more than 6.90 % over the forecast period 2020-2027. Astaxanthin belongs to the carotenoid xanthophyll group. It is a reddish color that appears naturally in some algae and allows fish, lobster, shrimp, and other marine foods to be pink red. Because of its quick availability, along with providing cardiovascular benefits, the product is used as a dietary supplement. The product is over 500 times stronger and much more powerful than other carotenoids such as lutein and lycopene than vitamin E. The market is driven by increasing understanding of preventive healthcare & nutraceuticals, feed industry industrialization, increased demand for cosmetic items. Initiatives by government to promote aquaculture, growing market for natural antioxidants, increasing demand from emerging countries would create opportunity in the market. The key players of global Astaxanthin Market have adopted various strategies to gain competitive advantage including product launch, mergers and acquisition, partnerships and agreements, investment, funding and others. For instance, In October 2018, natural astaxanthin was launched by BGG and its associates Solix Algredients and Algae Health Sciences for its flagship product AstaZine. This substance is used as a dispersible emulsion form used in applications for beverages. This ingredient is used for the application of many beverages, such as sports drinks and anti-aging fitness shots. However, High Production Cost could restrain the growth of market.
The regional analysis of global Astaxanthin Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of feed industry industrialization, increased demand for cosmetic items. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2020-2027. Factors such as Increasing understanding of Preventive Healthcare & Nutraceuticals would create lucrative growth prospects for the Astaxanthin Market across Asia-Pacific region.
Major market player included in this report are:
Koninklijke DSM N.V.
Otsuka Pharmaceutical Co., Ltd.
Fuji Chemical Industries Co., Ltd.
Divis Laboratories Ltd.
Beijing Ginko Group (BGG)
Igene Biotechnology Inc.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
Yeast & Microbes
By Method of Production:
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2017, 2018
Base year – 2019
Forecast period – 2020 to 2027
Target Audience of the Global Astaxanthin Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Value-Added Resellers (VARs)
Third-party knowledge providers