Press release
Astaxanthin Market Significantly Stepping towards the Success Till 2027| DSM, BASF, Cyanotech, Fuji, BGG
Astaxanthin is a carotene that belongs to the xanthophyll family. It's a reddish pigment that occurs naturally in some algae and gives salmon, lobster, shrimp, and other shellfish a pink-red hue. Because of its easy availability and cardiovascular advantages, the substance is used as a dietary supplement. In 2020, the global Astaxanthin market size was US$ 99.6 million and it is expected to reach US$ 141.8 million by the end of 2027, with a CAGR of 5.2% during 2021-2027.Request Sample Copy of Astaxanthin Market Report: https://www.infinitybusinessinsights.com/request_sample.php?id=614131
Top Key Players Included in Astaxanthin Market Report: DSM, BASF, Cyanotech, Fuji, BGG, Yunnan Alphy Biotech, Algatechnologies, Parry Nutraceuticals, Jingzhou Natural Astaxanthin, JX Nippon Oil& Energy, Supreme Biotechnologies, Biogenic, and Zhejiang NHU
The study's goal is to determine the Current market sizes of various segments and regions in previous years, as well as anticipate future values. The report is structured to include both qualitative and quantitative characteristics of the sector in each of the study's regions and countries. With a significant number of main companies in the global market and several small players in regional marketplaces, the global market is moderately fragmented. The biggest players control a significant portion of the global Astaxanthin market.
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Astaxanthin Market segment by Type:
Natural Astaxanthin
Synthetic Astaxanthin
Astaxanthin Market segment by Application:
Nutraceuticals
Cosmetics
Food & Beverages
Feed
Others
The COVID-19 epidemic has provided profitable prospects for the Astaxanthin market participants. The epidemic offers a fresh look at implementation. Major corporations are seeing greater demand, which is driving revenue.
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Astaxanthin is a naturally occurring dark red carotenoid…
Global Astaxanthin Market Outlook 2021
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