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Astaxanthin Market Quantitative Market Analysis, Current and Future Trends

Astaxanthin

Astaxanthin

Astaxanthin is a member of the xanthophyll family of carotenoids, which is found in some marine plants and animals. It is also known as ‘The king of the carotenoids’ and is acknowledged as one of the most powerful antioxidants present in nature. The highest concentration of astaxanthin is found in Pacific sockeye salmon. It is also present in crab, algae, shrimp, krill, red trout, and lobster.

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Astaxanthin has various health benefits such as supports cardiovascular health, supports immune functioning, helps in protection of cells and nervous system from oxidative damage and supports brain health. Astaxanthin has excellent UV-light protection effect and antioxidant activity which makes it an excellent enhancement for eye health care. Astaxanthin is beneficial in lowering oxidative stress and improving blood flow in smokers and weighty people.

Gloval Astaxanthin Market Taxonomy

On the basis of source, the global astaxanthin market is classified into:

Artificial
Natural

On the basis of end use industry, the global astaxanthin market is classified into:

Food & Beverages
Pharmaceuticals
Personal Care Products

Astaxanthin has powerful UV-blocking properties that help protect human skin from the sun-related damage. It is also beneficial in reducing wrinkles and in improving skin moisture levels. Astaxanthin has natural anti-inflammatory properties and natural forms of astaxanthin helps to block inflammatory COX2 enzymes and also suppressing serum levels of interleukin 1B, nitric oxide, C Reactive Protein (CRP), prostaglandin E2, and TNF-alpha (tumor necrosis factor alpha).

Global Astaxanthin Market Outlook – Increasing Pharmaceutical Applications are expected to be the Major Market Driver

Asia Pacific and North America are expected to be the most potential markets for Astaxanthin manufacturers. Asia Pacific is projected to witness relatively high growth in terms of value over the forecast period.

Some of the major companies operating in the global astaxanthin market include, BASF SE, Cyanotech Corporation, IGENE, BGG (Beijing Ginko Group), Supreme Biotechnologies NZ Ltd, Parry Nutraceuticals, DSM NV, Algatechnologies Ltd., Yunnan Alphy Biotech Co., LTD., and Fenchem Biotek Ltd.

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About Coherent Market Insights:

Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.

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