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Astaxanthin Market Growing at a CAGR 73.0% - Key Player-Divi's Nutraceuticals, DSM Nutritional Products AG, Algatech LTD, Otsuka Holdings Co., Ltd., Beijing Gingko Group, Cyanotech Corporation., Fuji Chemical Industries Co., Ltd., Valensa International, A

09-10-2022 01:22 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: MR Accuracy report

Astaxanthin Market

Astaxanthin Market

The global astaxanthin market size was valued at USD 1,371.24 million in 2020 and is expected to grow at a compound annual growth rate (CAGR) of 16.8% from 2021 to 2028. High demand for nutraceuticals due to their antioxidant properties and increased demand in the aquaculture & animal feed industry are key factors propelling the market growth. Furthermore, a growing number of health-conscious individuals are more inclined towards natural food coloring agents with lesser adverse effects, as compared to other chemical products, which is an important driver estimated to boost the market growth. Moreover, in preclinical & clinical studies, astaxanthin has shown the ability to reduce the inflammatory response that can lead to severe respiratory complications in COVID-19 patients
Key Players in the Astaxanthin market:

Divi's Nutraceuticals, DSM Nutritional Products AG, Algatech LTD, Otsuka Holdings Co., Ltd., Beijing Gingko Group, Cyanotech Corporation., Fuji Chemical Industries Co., Ltd., Valensa International, Asta Supreme, and Piveg, Inc., among others.

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The report studies the Astaxanthin market using cross-sectional multiple regression analysis. The report provides estimates for future market demand. The report also uses secondary analysis to examines the Astaxanthin market. The report provides detailed analysis Astaxanthin market value chain. The report analyses the factors affecting the Astaxanthin market. The report lists the data and trends that studies various components of the Astaxanthin market. The report reviews the current Astaxanthin market production and price patterns. The report reviews the production, imports, and profitability segments.

Astaxanthin Market Types:

Form Dry Form and Liquid Form, Source Natural and Synthetic, Application Animal Feed, Pharmaceuticals, Nutraceuticals and Cosmetics .

Astaxanthin Market Applications:

Applications 1,Applications2,Applications84

Access full Report Description, TOC, Table of Figure, Chart, etc. @ https://www.mraccuracyreports.com/reportdetails/reportview/546853

This report includes data on Astaxanthin market and analysis of sales data, consumption, production and the developments affecting state of the Astaxanthin market. The report looks at the policy and regulations, competitive product positioning, technological innovation, cost performance, demand determination, and more. This report links you to the market to enhance opportunities. The report looks at the historical data, market segments, producing countries, domestic and global demand for certain products and services. The report examines the value chain, trade scenario, changes in industry structure in past few years, new changes, and impact of the new changes on the investors.

The report focuses on the key segments and investment planning initiatives. The report primarily discusses the Astaxanthin industry considering the global scenario and presents different market scenarios to get a clear understanding of the issues and dynamism of this industry. Secondary and primary sources are covered to get relevant information to the market in this report. In pursuit of reliability and relevance, government publications, official websites, news sources, and more are considered in the report.

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You can edit or delete your press release Astaxanthin Market Growing at a CAGR 73.0% - Key Player-Divi's Nutraceuticals, DSM Nutritional Products AG, Algatech LTD, Otsuka Holdings Co., Ltd., Beijing Gingko Group, Cyanotech Corporation., Fuji Chemical Industries Co., Ltd., Valensa International, A here

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