Global Synthetic Astaxanthin Market is expected to grow at a CAGR of XX% during the forecast period. The market is driven by the increasing demand for astaxanthin in various applications such as food and beverages, cosmetics, and nutraceuticals. The market is also driven by the increasing demand for astaxanthin in feed applications.
The global synthetic astaxanthin market has been segmented on the basis of type, application, and region. On the basis of type, it has been classified into fermentation type and mixed extract type. On the basis of application, it has been classified into nutraceuticals, cosmetics, food & beverages feed and others (pharmaceuticals). On the basis of region it has been classified into North America (US, Canada), Latin America (Brazil), Europe (Germany), Asia Pacific (China) Middle East & Africa (Saudi Arabia).
Some Of The Growth Factors Of This Market:
- Synthetic astaxanthin is used in aquaculture, animal feed, and human food industries.
- Synthetic astaxanthin is used as a natural colorant for food products such as ice cream and beverages like beer and wine to enhance their appearance without adding calories or sugar content.
- The increasing demand for synthetic astaxanthin from the aquaculture industry will drive the growth of this market during the forecast period due to its use in fish feed formulation for enhancing fish coloration and growth rate, which are key factors that determine profitability of an aquaculture farm operation.
- Increasing awareness about health benefits associated with consumption of natural foods containing synthetic astaxanthin will also fuel the growth of this market.
Industry Growth Insights published a new data on “Synthetic Astaxanthin Market”. The research report is titled “Synthetic Astaxanthin Market research by Types (Fermentation Type, Mixed Extract Type), By Applications (Nutraceuticals, Cosmetics, Food & beverages, Feed, Othe), By Players/Companies BASF, DSM, Cyanotech, Fuji, BGG, Yunnan Alphy Biotech, Algatechnologies, Parry Nutraceuticals, Igene Biotechnology, Jingzhou Natural Astaxanthin, JX Nippon Oil& Energy, Supreme Biotechnologies, Biogenic, Bettering Biotech, Zhejiang NHU”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Synthetic Astaxanthin Market Research Report
By Type
Fermentation Type, Mixed Extract Type
By Application
Nutraceuticals, Cosmetics, Food & beverages, Feed, Othe
By Companies
BASF, DSM, Cyanotech, Fuji, BGG, Yunnan Alphy Biotech, Algatechnologies, Parry Nutraceuticals, Igene Biotechnology, Jingzhou Natural Astaxanthin, JX Nippon Oil& Energy, Supreme Biotechnologies, Biogenic, Bettering Biotech, Zhejiang NHU
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
249
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Synthetic Astaxanthin Market Report Segments:
The global Synthetic Astaxanthin market is segmented on the basis of:
Types
Fermentation Type, Mixed Extract Type
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Nutraceuticals, Cosmetics, Food & beverages, Feed, Othe
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- BASF
- DSM
- Cyanotech
- Fuji
- BGG
- Yunnan Alphy Biotech
- Algatechnologies
- Parry Nutraceuticals
- Igene Biotechnology
- Jingzhou Natural Astaxanthin
- JX Nippon Oil& Energy
- Supreme Biotechnologies
- Biogenic
- Bettering Biotech
- Zhejiang NHU
Highlights of The Synthetic Astaxanthin Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Fermentation Type
- Mixed Extract Type
- By Application:
- Nutraceuticals
- Cosmetics
- Food & beverages
- Feed
- Othe
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Synthetic Astaxanthin Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Synthetic astaxanthin is a synthetic form of the carotenoid astaxanthin that is not derived from natural sources. It is typically produced in a laboratory, and may or may not have been subjected to chemical processing.
Some of the key players operating in the synthetic astaxanthin market are BASF, DSM, Cyanotech, Fuji, BGG, Yunnan Alphy Biotech, Algatechnologies, Parry Nutraceuticals, Igene Biotechnology, Jingzhou Natural Astaxanthin, JX Nippon Oil& Energy, Supreme Biotechnologies, Biogenic, Bettering Biotech, Zhejiang NHU.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Synthetic Astaxanthin Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Synthetic Astaxanthin Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Synthetic Astaxanthin Market - Supply Chain
4.5. Global Synthetic Astaxanthin Market Forecast
4.5.1. Synthetic Astaxanthin Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Synthetic Astaxanthin Market Size (000 Units) and Y-o-Y Growth
4.5.3. Synthetic Astaxanthin Market Absolute $ Opportunity
5. Global Synthetic Astaxanthin Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Synthetic Astaxanthin Market Size and Volume Forecast by Type
5.3.1. Fermentation Type
5.3.2. Mixed Extract Type
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Synthetic Astaxanthin Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Synthetic Astaxanthin Market Size and Volume Forecast by Application
6.3.1. Nutraceuticals
6.3.2. Cosmetics
6.3.3. Food & beverages
6.3.4. Feed
6.3.5. Othe
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Synthetic Astaxanthin Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Synthetic Astaxanthin Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Synthetic Astaxanthin Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Synthetic Astaxanthin Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Synthetic Astaxanthin Demand Share Forecast, 2019-2026
9. North America Synthetic Astaxanthin Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Synthetic Astaxanthin Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Synthetic Astaxanthin Market Size and Volume Forecast by Application
9.4.1. Nutraceuticals
9.4.2. Cosmetics
9.4.3. Food & beverages
9.4.4. Feed
9.4.5. Othe
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Synthetic Astaxanthin Market Size and Volume Forecast by Type
9.7.1. Fermentation Type
9.7.2. Mixed Extract Type
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Synthetic Astaxanthin Demand Share Forecast, 2019-2026
10. Latin America Synthetic Astaxanthin Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Synthetic Astaxanthin Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Synthetic Astaxanthin Market Size and Volume Forecast by Application
10.4.1. Nutraceuticals
10.4.2. Cosmetics
10.4.3. Food & beverages
10.4.4. Feed
10.4.5. Othe
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Synthetic Astaxanthin Market Size and Volume Forecast by Type
10.7.1. Fermentation Type
10.7.2. Mixed Extract Type
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Synthetic Astaxanthin Demand Share Forecast, 2019-2026
11. Europe Synthetic Astaxanthin Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Synthetic Astaxanthin Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Synthetic Astaxanthin Market Size and Volume Forecast by Application
11.4.1. Nutraceuticals
11.4.2. Cosmetics
11.4.3. Food & beverages
11.4.4. Feed
11.4.5. Othe
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Synthetic Astaxanthin Market Size and Volume Forecast by Type
11.7.1. Fermentation Type
11.7.2. Mixed Extract Type
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Gowth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Synthetic Astaxanthin Demand Share, 2019-2026
12. Asia Pacific Synthetic Astaxanthin Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Synthetic Astaxanthin Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Synthetic Astaxanthin Market Size and Volume Forecast by Application
12.4.1. Nutraceuticals
12.4.2. Cosmetics
12.4.3. Food & beverages
12.4.4. Feed
12.4.5. Othe
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Synthetic Astaxanthin Market Size and Volume Forecast by Type
12.7.1. Fermentation Type
12.7.2. Mixed Extract Type
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Synthetic Astaxanthin Demand Share, 2019-2026
13. Middle East & Africa Synthetic Astaxanthin Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Synthetic Astaxanthin Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Synthetic Astaxanthin Market Size and Volume Forecast by Application
13.4.1. Nutraceuticals
13.4.2. Cosmetics
13.4.3. Food & beverages
13.4.4. Feed
13.4.5. Othe
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Synthetic Astaxanthin Market Size and Volume Forecast by Type
13.7.1. Fermentation Type
13.7.2. Mixed Extract Type
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Synthetic Astaxanthin Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Synthetic Astaxanthin Market: Market Share Analysis
14.2. Synthetic Astaxanthin Distributors and Customers
14.3. Synthetic Astaxanthin Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. BASF
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. DSM
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Cyanotech
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Fuji
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. BGG
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Yunnan Alphy Biotech
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Algatechnologies
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Parry Nutraceuticals
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Igene Biotechnology
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Jingzhou Natural Astaxanthin
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. JX Nippon Oil& Energy
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Supreme Biotechnologies
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Biogenic
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Bettering Biotech
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Zhejiang NHU
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
