The global astaxanthin market size is calculated at USD 1.96 billion in 2025 and is forecasted to reach around USD 6.86 billion by 2034, accelerating at a CAGR of 14.9% from 2025 to 2034. The North America market size surpassed USD 600 million in 2024 and is expanding at a CAGR of 15.05% during the forecast period. The market sizing and forecasts are revenue-based (USD Million/Billion), with 2024 as the base year.
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
3.1. Market Snapshot
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
5.1. COVID-19 Landscape: Astaxanthin Industry Impact
5.2. COVID 19 - Impact Assessment for the Industry
5.3. COVID 19 Impact: Global Major Government Policy
5.4. Market Trends and Opportunities in the COVID-19 Landscape
6.1. Market Dynamics
6.1.1. Market Drivers
6.1.2. Market Restraints
6.1.3. Market Opportunities
6.2. Porter’s Five Forces Analysis
6.2.1. Bargaining power of suppliers
6.2.2. Bargaining power of buyers
6.2.3. Threat of substitute
6.2.4. Threat of new entrants
6.2.5. Degree of competition
7.1.1. Company Market Share/Positioning Analysis
7.1.2. Key Strategies Adopted by Players
7.1.3. Vendor Landscape
7.1.3.1. List of Suppliers
7.1.3.2. List of Buyers
8.1. Astaxanthin Market Revenue and Volume, by Source
8.1.1 Natural
8.1.1.1. Market Revenue and Volume Forecast
8.1.2. Synthetic
8.1.2.1. Market Revenue and Volume Forecast
9.1. Astaxanthin Market Revenue and Volume, by Product
9.1.1. Dried algae meal or biomass
9.1.1.1. Market Revenue and Volume Forecast
9.1.2. Oil
9.1.2.1. Market Revenue and Volume Forecast
9.1.3. Softgel
9.1.3.1. Market Revenue and Volume Forecast
9.1.4. Liquid
9.1.4.1. Market Revenue and Volume Forecast
9.1.5. Others
9.1.5.1. Market Revenue and Volume Forecast
10.1. Astaxanthin Market Revenue and Volume, by Application
10.1.1. Nutraceuticals
10.1.1.1. Market Revenue and Volume Forecast
10.1.2. Cosmetics
10.1.2.1. Market Revenue and Volume Forecast
10.1.3. Aquaculture and animal feed
10.1.3.1. Market Revenue and Volume Forecast
10.1.4. Food
10.1.4.1. Market Revenue and Volume Forecast
10.1.5. Others
10.1.5.1. Market Revenue and Volume Forecast
11.1. North America
11.1.1. Market Revenue and Volume Forecast, by Source
11.1.2. Market Revenue and Volume Forecast, by Product
11.1.3. Market Revenue and Volume Forecast, by Application
11.1.4. U.S.
11.1.4.1. Market Revenue and Volume Forecast, by Source
11.1.4.2. Market Revenue and Volume Forecast, by Product
11.1.4.3. Market Revenue and Volume Forecast, by Application
11.1.5. Rest of North America
11.1.5.1. Market Revenue and Volume Forecast, by Source
11.1.5.2. Market Revenue and Volume Forecast, by Product
11.1.5.3. Market Revenue and Volume Forecast, by Application
11.2. Europe
11.2.1. Market Revenue and Volume Forecast, by Source
11.2.2. Market Revenue and Volume Forecast, by Product
11.2.3. Market Revenue and Volume Forecast, by Application
11.2.4. UK
11.2.4.1. Market Revenue and Volume Forecast, by Source
11.2.4.2. Market Revenue and Volume Forecast, by Product
11.2.4.3. Market Revenue and Volume Forecast, by Application
11.2.5. Germany
11.2.5.1. Market Revenue and Volume Forecast, by Source
11.2.5.2. Market Revenue and Volume Forecast, by Product
11.2.5.3. Market Revenue and Volume Forecast, by Application
11.2.6. France
11.2.6.1. Market Revenue and Volume Forecast, by Source
11.2.6.2. Market Revenue and Volume Forecast, by Product
11.2.6.3. Market Revenue and Volume Forecast, by Application
11.2.7. Rest of Europe
11.2.7.1. Market Revenue and Volume Forecast, by Source
11.2.7.2. Market Revenue and Volume Forecast, by Product
11.2.7.3. Market Revenue and Volume Forecast, by Application
11.3. APAC
11.3.1. Market Revenue and Volume Forecast, by Source
11.3.2. Market Revenue and Volume Forecast, by Product
11.3.3. Market Revenue and Volume Forecast, by Application
11.3.4. India
11.3.4.1. Market Revenue and Volume Forecast, by Source
11.3.4.2. Market Revenue and Volume Forecast, by Product
11.3.4.3. Market Revenue and Volume Forecast, by Application
11.3.5. China
11.3.5.1. Market Revenue and Volume Forecast, by Source
11.3.5.2. Market Revenue and Volume Forecast, by Product
11.3.5.3. Market Revenue and Volume Forecast, by Application
11.3.6. Japan
11.3.6.1. Market Revenue and Volume Forecast, by Source
11.3.6.2. Market Revenue and Volume Forecast, by Product
11.3.6.3. Market Revenue and Volume Forecast, by Application
11.3.7. Rest of APAC
11.3.7.1. Market Revenue and Volume Forecast, by Source
11.3.7.2. Market Revenue and Volume Forecast, by Product
11.3.7.3. Market Revenue and Volume Forecast, by Application
11.4. MEA
11.4.1. Market Revenue and Volume Forecast, by Source
11.4.2. Market Revenue and Volume Forecast, by Product
11.4.3. Market Revenue and Volume Forecast, by Application
11.4.4. GCC
11.4.4.1. Market Revenue and Volume Forecast, by Source
11.4.4.2. Market Revenue and Volume Forecast, by Product
11.4.4.3. Market Revenue and Volume Forecast, by Application
11.4.5. North Africa
11.4.5.1. Market Revenue and Volume Forecast, by Source
11.4.5.2. Market Revenue and Volume Forecast, by Product
11.4.5.3. Market Revenue and Volume Forecast, by Application
11.4.6. South Africa
11.4.6.1. Market Revenue and Volume Forecast, by Source
11.4.6.2. Market Revenue and Volume Forecast, by Product
11.4.6.3. Market Revenue and Volume Forecast, by Application
11.4.7. Rest of MEA
11.4.7.1. Market Revenue and Volume Forecast, by Source
11.4.7.2. Market Revenue and Volume Forecast, by Product
11.4.7.3. Market Revenue and Volume Forecast, by Application
11.5. Latin America
11.5.1. Market Revenue and Volume Forecast, by Source
11.5.2. Market Revenue and Volume Forecast, by Product
11.5.3. Market Revenue and Volume Forecast, by Application
11.5.4. Brazil
11.5.4.1. Market Revenue and Volume Forecast, by Source
11.5.4.2. Market Revenue and Volume Forecast, by Product
11.5.4.3. Market Revenue and Volume Forecast, by Application
11.5.5. Rest of LATAM
11.5.5.1. Market Revenue and Volume Forecast, by Source
11.5.5.2. Market Revenue and Volume Forecast, by Product
11.5.5.3. Market Revenue and Volume Forecast, by Application
12.1 Algatech Ltd
12.1.1. Company Overview
12.1.2. Product Offerings
12.1.3. Financial Performance
12.1.4. Recent Initiatives
12.2. Cyanotech Corporation
12.2.1. Company Overview
12.2.2. Product Offerings
12.2.3. Financial Performance
12.2.4. Recent Initiatives
12.3. Algalíf Iceland ehf
12.3.1. Company Overview
12.3.2. Product Offerings
12.3.3. Financial Performance
12.3.4. Recent Initiatives
12.4. Beijing Gingko Group (BGG)
12.4.1. Company Overview
12.4.2. Product Offerings
12.4.3. Financial Performance
12.4.4. Recent Initiatives
12.5. PIVEG, Inc.
12.5.1. Company Overview
12.5.2. Product Offerings
12.5.3. Financial Performance
12.5.4. Recent Initiatives
12.6. Fuji Chemical Industries Co., Ltd
12.6.1. Company Overview
12.6.2. Product Offerings
12.6.3. Financial Performance
12.6.4. Recent Initiatives
12.7. ENEOS Corporation
12.7.1. Company Overview
12.7.2. Product Offerings
12.7.3. Financial Performance
12.7.4. Recent Initiatives
12.8. Atacama Bio Natural Products S.A.
12.8.1. Company Overview
12.8.2. Product Offerings
12.8.3. Financial Performance
12.8.4. Recent Initiatives
12.9. E.I.D. – Parry (India) Limited
12.9.1. Company Overview
12.9.2. Product Offerings
12.9.3. Financial Performance
12.9.4. Recent Initiatives
12.10. ALGAMO
12.10.1. Company Overview
12.10.2. Product Offerings
12.10.3. Financial Performance
12.10.4. Recent Initiatives
13.1. Primary Research
13.2. Secondary Research
13.3. Assumptions
14.1. About Us
14.2. Glossary of Terms
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