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Astaxanthin Market Business Segmentation By Revenue And Structure Forecast 2027

02-09-2021 07:50 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Coherent market insights

Astaxanthin Market

Astaxanthin Market

Global 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. Commercial production of is from astaxanthin Haematococcus pluviailis (HP). A hybrid system for photoautotrophic cultivation of Haematococcus pluviailis comprises of a photobioreactor (PBR) fence.

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. Astaxanthin is used for curing Alzheimer's disease, Parkinson's disease, protection against cancer, in boosting recovery after stroke, and in reducing skin damage from ultraviolet (UV) light.

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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).

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

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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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