Astaxanthin Market - Industry Insights, Drivers, Top Trends, Global Analysis And Forecast to 2026
                     Astaxanthin Market - Industry Insights, Drivers, Top 
Trends, Global Analysis And Forecast to 2026
Astaxanthin Market By Product Type (Aematococcus pluvialis microalgae Astaxanthin, 
Synthetic Astaxanthin, Astaxanthin rich paracoccus bacteria, Natural Astaxanthin), 
Production Technology (Chemical Synthesis, Bacterial Fermentation), Application 
(Dietary Supplements, Food & Beverages, Cosmetics, Animal Health & Aquaculture), 
Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) 
– Industry Trends and Forecast to 2026
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Report Description
Global astaxanthin market is expected to registering a substantial CAGR of 7.9% during 
the forecast period of 2019-2026. Increasing demand for anti-aging products and skin 
care products in cosmetic industry helps the market to grow substantially.
Astaxanthin is a red pigment, a naturally occurring carotenoid that contains antioxidant 
effect extracted and purified from Haematococcus algae. These pigments can play a role 
in treatment of degenerative diseases and aging issues. In modern society, the 
healthcare problems are increasing worldwide due to various factors such as stress, 
irregular lifestyle, unbalance diet & smoking are contributing factors. So to prevent such 
health issues, various companies are involves in providing astaxanthin because of its 
benefits. It is used in different industries such as cosmetic, food, agricultural and others.
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axanthin-market
 
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Major Key Players
Some of the major players operating in this market are : 
• Oryza Oil & Fat Chemical Co., Ltd
• Algatech LTD
• NOW Foods Pond Tech.
• Algalif Iceland ehf.
• Cyanotech Corporation
• AlgaeCan Biotech Ltd.
• Cardax, Inc
• Fuji Chemical Industries Co., Ltd., 
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Market Segmentation
• By Product Type (Aematococcus pluvialis microalgae Astaxanthin, Synthetic 
Astaxanthin, Astaxanthin rich paracoccus bacteria, Natural Astaxanthin)
• By Production Technology (Chemical Synthesis, Bacterial Fermentation)
• By Application (Dietary Supplements, Food & Beverages, Cosmetics, 
Animal Health & Aquaculture)
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Regional Analysis
Based on geography, the market is segmented into five geographical 
regions
      North America
       Europe
       Asia-Pacific
       South America
       Middle East 
       Africa
5
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