아스타잔틴 시장 : 공급원별, 형태별, 제조 방법별, 용도별 - 세계 예측(-2030년)

Astaxanthin Market by Source (Natural, Synthetic), Form (Dry, Liquid), Method of Production (Chemical Synthesis, Fermentation, Extraction), Application (Food & Beverages, Pharmaceuticals, Nutraceuticals, Animal Feed)-Global Forecast to 2030

According to a new market research report titled, 'Astaxanthin Market by Source (Natural, Synthetic), Form (Dry, Liquid), Method of Production (Chemical Synthesis, Fermentation, Extraction), Application (Food & Beverages, Pharmaceuticals, Nutraceuticals, Animal Feed)-Global Forecast to 2030,' published by Meticulous Research(R), the astaxanthin market is projected to reach $1.34 billion by 2030, at a CAGR of 8.2% from 2023 to 2030. This report provides an in-depth analysis of the astaxanthin market across five major geographies, current market trends, size, and recent developments, and the forecast for 2030.

Following extensive secondary and primary research and an in-depth analysis of the market scenario, the report conducts the impact analysis of the key industry drivers, restraints, opportunities, challenges, and trends.

The growth of the astaxanthin market is primarily driven by the increasing awareness about the benefits of natural food colors, growing demand for natural cosmetics products, rising demand for dietary supplements, and increasing awareness regarding clean-label products. However, stringent regulatory and approval norms and the high cost of natural astaxanthin hinder the growth of this market to a notable extent.

Furthermore, emerging economies in Asia-Pacific, Latin America, and the Middle East & Africa and government initiatives to support aquaculture are expected to provide significant opportunities for the growth of this market.

Key Players

The astaxanthin market is populated by key players such as Algatechnologies Ltd. (Israel), BASF SE (Germany), BGG (Beijing Gingko Group) (China), Cardax, Inc. (U.S.), Cyanotech Corporation (U.S.), Divi's Laboratories Limited (India), Koninklijke DSM N.V. (Netherlands), Fenchem (China), Fuji Chemical Industries Co., Ltd. (Japan), Valensa International (U.S.), Otsuka Holdings Co., Ltd. (Japan), Piveg, Inc. (U.S.), Vidya Europe SAS (France), Wellgreen Technology Co., Ltd. (China), and Algalif Iceland ehf (Iceland).

Based on source, the astaxanthin market is segmented into natural and synthetic. In 2023, the natural segment is expected to account for the larger share of the astaxanthin market. The large market share of this segment is attributed to its strong antioxidant activity and health benefits, such as immune system support, inflammation reduction, sunburn prevention, and cognitive health support. In addition, factors such as high demand for natural astaxanthin in nutraceutical applications, wide-scale availability of natural astaxanthin, rising demand for astaxanthin for cancer treatment, growing health-conscious population, and higher efficacy compared to synthetic products are expected to fuel segment expansion.

Based on form, the astaxanthin market is segmented into dry and liquid. In 2023, the dry segment is expected to account for the larger share of the astaxanthin market. The large market share of this segment is attributed to the advantages of dry astaxanthin, such as ease of handling, transport, and use, the ability to avoid costly formulation mistakes, longer shelf life of ingredients due to the absence of water, and better ingredient functionality and stability. These benefits have boosted the use of astaxanthin in dry form in the food & beverages, pharmaceuticals, and cosmetics industries.

Furthermore, the liquid segment is expected to grow significantly during the forecast period, owing to its rising demand for manufacturing of food & beverage products to improve the viscosity, mouthfeel, product stability, texture, shelf life, pleasant taste, and appearance.

Based on the method of production, the astaxanthin market is segmented into chemical synthesis, microalgae cultivation, fermentation, and extraction. In 2023, the chemical synthesis segment is expected to account for the largest share of the astaxanthin market. The large market share of this segment is attributed to the low cost of production, easy availability, and good stability against low pH. However, the fermentation segment is expected to witness significant growth during the forecast period.

Based on application, the astaxanthin market is segmented into food & beverages, nutraceuticals, animal feed, pharmaceuticals, personal care & cosmetics, and other applications. The nutraceuticals segment is projected to grow significantly during the forecast period of 2023-2030. The rapid growth of this segment is mainly attributed to astaxanthin's ability to control free radicals enhanced by nutraceuticals, thereby becoming the preferred choice to treat various health ailments, including muscle endurance, gastritis, diabetes, and cardiovascular diseases, among others. Furthermore, astaxanthin's antioxidant properties, low side effects, and high nutritional value have made them the priority choice as raw materials in nutraceuticals.

Based on geography, the astaxanthin market is majorly segmented into five regions: North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. In 2023, Europe is expected to account for the largest share of the astaxanthin market. Europe's significant market share can be attributed to several key factors, including the growing food & beverage industry, rising health & wellness trends, increasing feed production, and growing demand for chemical-free cosmetics. Further, the increase in the aging population in the region has led to a surge in demand for astaxanthin to reduce the risk of diabetes, cancer, and other heart-related issues.

Key Questions Answered in the Report:

• What is the value of revenue generated by the sale of astaxanthin?
• At what rate is the demand for astaxanthin projected to grow for the next 5-7 years?
• What is the historical market size and growth rate for the astaxanthin market?
• What are the major factors impacting the growth of this market at global and regional levels?
• What are the major opportunities for existing players and new entrants in the market?
• Which source, form, method of production, and application segments create major traction for the manufacturers in this market?
• What are the key geographical trends in this market? Which regions/countries are expected to offer significant growth opportunities for the manufacturers operating in the astaxanthin market?
• Who are the major players in the astaxanthin market? What are their specific product offerings in this market?
• What recent developments have taken place in the astaxanthin market? What impact have these strategic developments created on the market?

Scope of the Report:

Astaxanthin Market Assessment-by Source

• Natural
• Synthetic

Astaxanthin Market Assessment-by Form

• Dry
• Liquid

Astaxanthin Market Assessment-by Method of Production

• Chemical Synthesis
• Microalgae Cultivation
• Fermentation
• Extraction

Astaxanthin Market Assessment-by Application

• Food & Beverages
• Nutraceuticals
• Animal Feed
• Pharmaceuticals
• Personal Care & Cosmetics
• Other Applications

Astaxanthin Market Assessment-by Geography

• North America
  • U.S.
  • Canada
• Europe
  • Germany
  • France
  • U.K.
  • Italy
  • Spain
  • Rest of Europe (RoE)
• Asia-Pacific (APAC)
  • China
  • Japan
  • India
  • Australia
  • Rest of Asia-Pacific (RoAPAC)
• Latin America (LATAM)
  • Brazil
  • Mexico
  • Argentina
  • Rest of Latin America (RoLATAM)
• Middle East & Africa (MEA)

TABLE OF CONTENTS

1. Introduction

• 1.1. Market Definition
• 1.2. Market Ecosystem
• 1.3. Currency
• 1.4. Key Stakeholders

2. Research Methodology

• 2.1. Research Process
• 2.2. Data Collection & Validation
  • 2.2.1. Secondary Research
  • 2.2.2. Primary Research
• 2.3. Market Assessment
  • 2.3.1. Market Size Estimation
    • 2.3.1.1. Bottom-up Approach
    • 2.3.1.2. Top-down Approach
    • 2.3.1.3. Growth forecast
  • 2.3.2. Market Share Estimation
• 2.4. Assumptions for the Study
• 2.5. Limitations of the Study

3. Executive Summary

• 3.1. Introduction
• 3.2. Segmental Analysis
  • 3.2.1. Astaxanthin Market Analysis: by Source
  • 3.2.2. Astaxanthin Market Analysis: by Form
  • 3.2.3. Astaxanthin Market Analysis: by Method of Production
  • 3.2.4. Astaxanthin Market Analysis: by Application
• 3.3. Regional Analysis
• 3.4. Key Players

4. Market Insights

• 4.1. Introduction
• 4.2. Drivers
  • 4.2.1. Growing Awareness About Clean-label Products
  • 4.2.2 Increasing Demand for Natural Cosmetics Products
  • 4.2.3. Growing Awareness About the Benefits of Natural Food Colors
  • 4.2.4. Increasing Demand for Dietary Supplements
• 4.3. Restraints
  • 4.3.1. Stringent Regulatory and Approval Norms
  • 4.3.2. High Cost of Natural Astaxanthin
• 4.4. Opportunities
  • 4.4.1. Emerging Economies in Asia-Pacific, Latin America, and the Middle East & Africa
  • 4.4.2. Government Initiatives to Support Aquaculture
• 4.5. The Impact of COVID-19 on the Global Astaxanthin Market

5. Global Astaxanthin Market, by Source

• 5.1. Introduction
• 5.2. Natural
• 5.3. Synthetic

6. Global Astaxanthin Market, by Form

• 6.1. Introduction
• 6.2. Dry
• 6.3. Liquid

7. Global Astaxanthin Market, by Method of Production

• 7.1. Introduction
• 7.2. Chemical Synthesis
• 7.3. Microalgae Cultivation
• 7.4. Fermentation
• 7.5. Extraction

8. Global Astaxanthin Market, by Application

• 8.1. Introduction
• 8.2. Food & Beverages
• 8.3. Nutraceuticals
• 8.4. Animal Feed
• 8.5. Pharmaceuticals
• 8.6. Personal Care & Cosmetics
• 8.7. Other Applications

9. Astaxanthin Market, by Geography

• 9.1. Introduction
• 9.2. North America
  • 9.2.1. U.S.
  • 9.2.2. Canada
• 9.3. Europe
  • 9.3.1. Germany
  • 9.3.2. France
  • 9.3.3. U.K.
  • 9.3.4. Italy
  • 9.3.5. Spain
  • 9.3.6. Rest of Europe (RoE)
• 9.4. Asia-Pacific
  • 9.4.1. China
  • 9.4.2. Japan
  • 9.4.3. India
  • 9.4.4. Australia
  • 9.4.5. Rest of Asia-Pacific (RoAPAC)
• 9.5. Latin America
  • 9.5.1. Brazil
  • 9.5.2. Mexico
  • 9.5.3. Argentina
  • 9.5.4. Rest of Latin America (RoLATAM)
• 9.6. Middle East & Africa

10. Competitive Landscape

• 10.1. Introduction
• 10.2. Key Strategic Developments
• 10.3. Competitive Benchmarking
• 10.4. Market Share Analysis, by Key Players, 2022 (%)

11. Company Profiles (Business Overview, Financial Overview, Product Portfolio, and Strategic Developments)

• 11.1. Algatechnologies Ltd.
• 11.2. BASF SE
• 11.3. BGG (Beijing Gingko Group)
• 11.4. Cardax, Inc.
• 11.5. Cyanotech Corporation
• 11.6. Divi's Laboratories Limited
• 11.7. Koninklijke DSM N.V.
• 11.8. Fenchem
• 11.9. Fuji Chemical Industries Co., Ltd.
• 11.10. Valensa International
• 11.11. Otsuka Holdings Co., Ltd.
• 11.12. Piveg, Inc.
• 11.13. Vidya Europe SAS
• 11.14. Wellgreen Technology Co., Ltd.
• 11.15. Algalif Iceland ehf
• 11.16. Other Companies

12. Appendix

• 12.1. Questionnaire
• 12.2. Available Customization