Astaxanthin Market Research Report 2022- Global Industry Analysis, Forecast to 2028 |DSM, BASF, Cyanotech, Fuji, BGG, Yunnan Alphy Biotech

The Astaxanthin market report offers a complete assessment. It does as such by means of inside and out subjective experiences, authentic information, and certain projections about market size. The projections included in the report have been determined utilizing demonstrated examination techniques and presumptions. Thus, the examination report fills in as a vault of investigation and data for each aspect of the market, including Regional business sectors, innovation, types, and applications.

Astaxanthin is a naturally occurring dark red carotenoid found in nature primarily in aquatic animals such as salmon, trout, krill, shrimp, crayfish, and crustaceans. Astaxanthin is more than just a red pigment, it is one of the most powerful lipophilic antioxidants yet discovered. It has the unique capacity to quench free radicals and reactive species of oxygen and to inhibit lipid peroxidation. Studies have shown natural astaxanthin to be over 500 times stronger than vitamin E and much more potent than other carotenoids such as lutein, lycopene and β-carotene. Moreover, Astaxanthin a xanthophyll carotenoid, is a nutrient with a unique molecule structure, it does not convert to vitamin a (retinol) and has no “pro-oxidant” activity.

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Who are the Prime players of the Astaxanthin Market?
The research explores the competitive landscape of the Astaxanthin market and provides information on key vendors, including DSM, BASF, Cyanotech, Fuji, BGG, Yunnan Alphy Biotech, Algatechnologies, Parry Nutraceuticals, Jingzhou Natural Astaxanthin, JX Nippon Oil& Energy, Supreme Biotechnologies, Biogenic, Zhejiang NHU & others.

The global Astaxanthin market was worth USD million in 2021 and is predicted to grow at a CAGR of during 2022-2028 to reach USD million by the end of 2028.

The Impact of COVID-19 on the global Astaxanthin market:
The pandemic has hampered all of the monetary activities inside the market. Covid has inimically affected the Astaxanthin market overall inferable from internment things in by far most of the areas. It’s become outrageous for the makers to supply the standard sums inferable from the necessary laws on worker capacity and socially isolating.

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Astaxanthin Market, By Segmentation:
Astaxanthin Market segment by Type:
Natural Astaxanthin
Synthetic Astaxanthin

Astaxanthin Market segment by Application:
Nutraceuticals
Cosmetics
Food and Beverages
Feed
Others

The years examined in this study are the following to estimate the Astaxanthin market size:
History Year: 2016-2020
Base Year: 2021
Estimated Year: 2021
Forecast Year: 2022 to 2028

The regional analysis covers North America (U.S. and Canada), Latin America (Mexico, Brazil, Peru, Chile, and others), Western Europe (Germany, U.KFrance, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg), Eastern Europe (Poland and Russia), Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand) and the Middle East and Africa (GCC, Southern Africa, and North Africa).

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