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

January 2021 | 200 pages | ID: GBAEAF1F464BEN
Bizwit Research & Consulting LLP

Abstracts

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.
• BASF SE
• Cyanotech Corporation
• Otsuka Pharmaceutical Co., Ltd.
• Valensa International
• Fuji Chemical Industries Co., Ltd.
• Divis Laboratories Ltd.
• Beijing Ginko Group (BGG)
• Igene Biotechnology Inc.
• Piveg, 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:

By Source:

• Plant
• Yeast & Microbes
• Marine
• Petroleum

By Form:

• Dry Form
• Liquid Form

By Application:

• Feed
• Supplements
• Food
• Cosmetics

By Method of Production:

• Microalgae Cultivation
• Fermentation
• Extraction
• Chemical Synthesis

By Region:

North America

• U.S.
• Canada

Europe

• UK
• Germany
• France
• Spain
• Italy
• ROE

Asia Pacific

• China
• India
• Japan
• Australia
• South Korea
• RoAPAC

Latin America

• Brazil
• Mexico

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
• Venture capitalists
• Value-Added Resellers (VARs)
• Third-party knowledge providers
• Investment bankers
• Investors

Contents

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
    9.2.1.1. Source breakdown estimates & forecasts, 2017-2027
    9.2.1.2. Application breakdown estimates & forecasts, 2017-2027
    9.2.1.3. Form breakdown estimates & forecasts, 2017-2027
    9.2.1.4. 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

List Of Tables

LIST OF TABLES

TABLE 1. GLOBAL ASTAXANTHIN MARKET , REPORT SCOPE
TABLE 2. GLOBAL ASTAXANTHIN MARKET ESTIMATES & FORECASTS BY REGION 2017-2027 (USD BILLION)
TABLE 3. GLOBAL ASTAXANTHIN MARKET ESTIMATES & FORECASTS BY APPLICATION2017-2027 (USD BILLION)
TABLE 4. GLOBAL ASTAXANTHIN MARKET ESTIMATES & FORECASTS BY FORM 2017-2027 (USD BILLION)
TABLE 5. GLOBAL ASTAXANTHIN MARKET BY SEGMENT, ESTIMATES & FORECASTS, 2017-2027 (USD BILLION)
TABLE 6. GLOBAL ASTAXANTHIN MARKET BY REGION, ESTIMATES & FORECASTS, 2017-2027 (USD BILLION)
TABLE 7. GLOBAL ASTAXANTHIN MARKET BY SEGMENT, ESTIMATES & FORECASTS, 2017-2027 (USD BILLION)
TABLE 8. GLOBAL ASTAXANTHIN MARKET BY REGION, ESTIMATES & FORECASTS, 2017-2027 (USD BILLION)
TABLE 9. GLOBAL ASTAXANTHIN MARKET BY SEGMENT, ESTIMATES & FORECASTS, 2017-2027 (USD BILLION)
TABLE 10. GLOBAL ASTAXANTHIN MARKET BY REGION, ESTIMATES & FORECASTS, 2017-2027 (USD BILLION)
TABLE 11. GLOBAL ASTAXANTHIN MARKET BY SEGMENT, ESTIMATES & FORECASTS, 2017-2027 (USD BILLION)
TABLE 12. GLOBAL ASTAXANTHIN MARKET BY REGION, ESTIMATES & FORECASTS, 2017-2027 (USD BILLION)
TABLE 13. GLOBAL ASTAXANTHIN MARKET BY SEGMENT, ESTIMATES & FORECASTS, 2017-2027 (USD BILLION)
TABLE 14. GLOBAL ASTAXANTHIN MARKET BY REGION, ESTIMATES & FORECASTS, 2017-2027 (USD BILLION)
TABLE 15. U.S. ASTAXANTHIN MARKET ESTIMATES & FORECASTS, 2017-2027 (USD BILLION)
TABLE 16. U.S. ASTAXANTHIN MARKET ESTIMATES & FORECASTS BY SEGMENT 2017-2027 (USD BILLION)
TABLE 17. U.S. ASTAXANTHIN MARKET ESTIMATES & FORECASTS BY SEGMENT 2017-2027 (USD BILLION)
TABLE 18. CANADA ASTAXANTHIN MARKET ESTIMATES & FORECASTS, 2017-2027 (USD BILLION)
TABLE 19. CANADA ASTAXANTHIN MARKET ESTIMATES & FORECASTS BY SEGMENT 2017-2027 (USD BILLION)
TABLE 20. CANADA ASTAXANTHIN MARKET ESTIMATES & FORECASTS BY SEGMENT 2017-2027 (USD BILLION)
TABLE 21. UK ASTAXANTHIN MARKET ESTIMATES & FORECASTS, 2017-2027 (USD BILLION)
TABLE 22. UK ASTAXANTHIN MARKET ESTIMATES & FORECASTS BY SEGMENT 2017-2027 (USD BILLION)
TABLE 23. UK ASTAXANTHIN MARKET ESTIMATES & FORECASTS BY SEGMENT 2017-2027 (USD BILLION)
TABLE 24. GERMANY ASTAXANTHIN MARKET ESTIMATES & FORECASTS, 2017-2027 (USD BILLION)
TABLE 25. GERMANY ASTAXANTHIN MARKET ESTIMATES & FORECASTS BY SEGMENT 2017-2027 (USD BILLION)
TABLE 26. GERMANY ASTAXANTHIN MARKET ESTIMATES & FORECASTS BY SEGMENT 2017-2027 (USD BILLION)
TABLE 27. ROE ASTAXANTHIN MARKET ESTIMATES & FORECASTS, 2017-2027 (USD BILLION)
TABLE 28. ROE ASTAXANTHIN MARKET ESTIMATES & FORECASTS BY SEGMENT 2017-2027 (USD BILLION)
TABLE 29. ROE ASTAXANTHIN MARKET ESTIMATES & FORECASTS BY SEGMENT 2017-2027 (USD BILLION)
TABLE 30. CHINA ASTAXANTHIN MARKET ESTIMATES & FORECASTS, 2017-2027 (USD BILLION)
TABLE 31. CHINA ASTAXANTHIN MARKET ESTIMATES & FORECASTS BY SEGMENT 2017-2027 (USD BILLION)
TABLE 32. CHINA ASTAXANTHIN MARKET ESTIMATES & FORECASTS BY SEGMENT 2017-2027 (USD BILLION)
TABLE 33. INDIA ASTAXANTHIN MARKET ESTIMATES & FORECASTS, 2017-2027 (USD BILLION)
TABLE 34. INDIA ASTAXANTHIN MARKET ESTIMATES & FORECASTS BY SEGMENT 2017-2027 (USD BILLION)
TABLE 35. INDIA ASTAXANTHIN MARKET ESTIMATES & FORECASTS BY SEGMENT 2017-2027 (USD BILLION)
TABLE 36. JAPAN ASTAXANTHIN MARKET ESTIMATES & FORECASTS, 2017-2027 (USD BILLION)
TABLE 37. JAPAN ASTAXANTHIN MARKET ESTIMATES & FORECASTS BY SEGMENT 2017-2027 (USD BILLION)
TABLE 38. JAPAN ASTAXANTHIN MARKET ESTIMATES & FORECASTS BY SEGMENT 2017-2027 (USD BILLION)
TABLE 39. ROAPAC ASTAXANTHIN MARKET ESTIMATES & FORECASTS, 2017-2027 (USD BILLION)
TABLE 40. ROAPAC ASTAXANTHIN MARKET ESTIMATES & FORECASTS BY SEGMENT 2017-2027 (USD BILLION)
TABLE 41. ROAPAC ASTAXANTHIN MARKET ESTIMATES & FORECASTS BY SEGMENT 2017-2027 (USD BILLION)
TABLE 42. BRAZIL ASTAXANTHIN MARKET ESTIMATES & FORECASTS, 2017-2027 (USD BILLION)
TABLE 43. BRAZIL ASTAXANTHIN MARKET ESTIMATES & FORECASTS BY SEGMENT 2017-2027 (USD BILLION)
TABLE 44. BRAZIL ASTAXANTHIN MARKET ESTIMATES & FORECASTS BY SEGMENT 2017-2027 (USD BILLION)
TABLE 45. MEXICO ASTAXANTHIN MARKET ESTIMATES & FORECASTS, 2017-2027 (USD BILLION)
TABLE 46. MEXICO ASTAXANTHIN MARKET ESTIMATES & FORECASTS BY SEGMENT 2017-2027 (USD BILLION)
TABLE 47. MEXICO ASTAXANTHIN MARKET ESTIMATES & FORECASTS BY SEGMENT 2017-2027 (USD BILLION)
TABLE 48. ROLA ASTAXANTHIN MARKET ESTIMATES & FORECASTS, 2017-2027 (USD BILLION)
TABLE 49. ROLA ASTAXANTHIN MARKET ESTIMATES & FORECASTS BY SEGMENT 2017-2027 (USD BILLION)
TABLE 50. ROLA ASTAXANTHIN MARKET ESTIMATES & FORECASTS BY SEGMENT 2017-2027 (USD BILLION)
TABLE 51. ROW ASTAXANTHIN MARKET ESTIMATES & FORECASTS, 2017-2027 (USD BILLION)
TABLE 52. ROW ASTAXANTHIN MARKET ESTIMATES & FORECASTS BY SEGMENT 2017-2027 (USD BILLION)
TABLE 53. ROW ASTAXANTHIN MARKET ESTIMATES & FORECASTS BY SEGMENT 2017-2027 (USD BILLION)
TABLE 54. LIST OF SECONDARY SOURCES, USED IN THE STUDY OF GLOBAL ASTAXANTHIN MARKET
TABLE 55. LIST OF PRIMARY SOURCES, USED IN THE STUDY OF GLOBAL ASTAXANTHIN MARKET
TABLE 56. YEARS CONSIDERED FOR THE STUDY
TABLE 57. EXCHANGE RATES CONSIDERED

List Of Figures

LIST OF FIGURES

List of Figures
FIG 1. GLOBAL ASTAXANTHIN MARKET , RESEARCH METHODOLOGY
FIG 2. GLOBAL ASTAXANTHIN MARKET , MARKET ESTIMATION TECHNIQUES
FIG 3. GLOBAL MARKET SIZE ESTIMATES & FORECAST METHODS
FIG 4. GLOBAL ASTAXANTHIN MARKET , KEY TRENDS 2019
FIG 5. GLOBAL ASTAXANTHIN MARKET , GROWTH PROSPECTS 2020-2027
FIG 6. GLOBAL ASTAXANTHIN MARKET , PORTERS 5 FORCE MODEL
FIG 7. GLOBAL ASTAXANTHIN MARKET , PEST ANALYSIS
FIG 8. GLOBAL ASTAXANTHIN MARKET , VALUE CHAIN ANALYSIS
FIG 9. GLOBAL ASTAXANTHIN MARKET BY SEGMENT, 2017 & 2027 (USD BILLION)
FIG 10. GLOBAL ASTAXANTHIN MARKET BY SEGMENT, 2017 & 2027 (USD BILLION)
FIG 11. GLOBAL ASTAXANTHIN MARKET BY SEGMENT, 2017 & 2027 (USD BILLION)
FIG 12. GLOBAL ASTAXANTHIN MARKET BY SEGMENT, 2017 & 2027 (USD BILLION)
FIG 13. GLOBAL ASTAXANTHIN MARKET BY SEGMENT, 2017 & 2027 (USD BILLION)
FIG 14. GLOBAL ASTAXANTHIN MARKET , REGIONAL SNAPSHOT 2017 & 2027
FIG 15. NORTH AMERICA ASTAXANTHIN MARKET 2017 & 2027 (USD BILLION)
FIG 16. EUROPE ASTAXANTHIN MARKET 2017 & 2027 (USD BILLION)
FIG 17. ASIA PACIFIC ASTAXANTHIN MARKET 2017 & 2027 (USD BILLION)
FIG 18. LATIN AMERICA ASTAXANTHIN MARKET 2017 & 2027 (USD BILLION)
FIG 19. GLOBAL ASTAXANTHIN MARKET , COMPANY MARKET SHARE ANALYSIS (2019)

COMPANIES MENTIONED

Koninklijke DSM N.V.
BASF SE
Cyanotech Corporation
Otsuka Pharmaceutical Co., Ltd.
Valensa International
Fuji Chemical Industries Co., Ltd.
Divis Laboratories Ltd.
Beijing Ginko Group (BGG)
Igene Biotechnology Inc.
Piveg, Inc.