Natural Astaxanthin Market Size, Type Analysis, Application Analysis, End-Use, Industry Analysis, Regional Outlook, Competitive Strategies And Forecasts, 2023-2032

  • Report ID: ME_004945
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  • Number of Pages: 250
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Market Snapshot

CAGR:9.2
2023
2032

Source: Market Expertz

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Study Period 2019-2032
Base Year 2023
Forcast Year 2023-2032
CAGR 9.2
Chemicals and Advanced Materials-companies
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Report Overview

The Natural Astaxanthin Market size is estimated to grow at a CAGR of 6.78% between 2022 and 2032. The market size is forecast to increase by USD 1,245.36 million. The growth of the market depends on several factors, including the rising awareness about the health benefits of natural astaxanthin, increasing demand for natural ingredients in the food and beverage industry, and growing applications in the nutraceutical and cosmetic industries. Natural astaxanthin is a red pigment that belongs to the carotenoid family. It is found in various natural sources such as microalgae, yeast, and salmon. Astaxanthin is known for its powerful antioxidant properties and is considered one of the most potent antioxidants available. It offers several health benefits, including anti-inflammatory, immune-boosting, and skin-protecting properties.

Natural Astaxanthin Market Overview

Drivers

One of the key factors driving the natural astaxanthin market growth is the rising awareness about its health benefits. Consumers are becoming more conscious about their health and are actively seeking natural ingredients that can improve their overall well-being. Natural astaxanthin has gained significant popularity due to its antioxidant properties and its ability to support cardiovascular health, enhance eye health, and reduce inflammation. The increasing demand for dietary supplements and functional foods that promote health and wellness is expected to drive the market growth during the forecast period.

Moreover, the food and beverage industry is witnessing a shift towards natural ingredients and clean label products. Natural astaxanthin is being increasingly used as a natural food coloring agent and antioxidant in various food and beverage applications. It provides a safe and effective alternative to synthetic food colorants and preservatives, thereby driving its demand in the industry. Hence, such factors are expected to drive market growth during the forecast period.

Trends

A key trend shaping the natural astaxanthin market growth is the growing applications in the nutraceutical and cosmetic industries. Natural astaxanthin is being widely used in the formulation of dietary supplements and functional foods due to its health-promoting properties. It is known to support joint and muscle health, improve endurance and performance, and protect against oxidative stress. The increasing consumer interest in preventive healthcare and the demand for natural and organic products are driving the growth of the nutraceutical industry, thereby fueling the demand for natural astaxanthin.

Additionally, natural astaxanthin is gaining traction in the cosmetic industry due to its anti-aging and skin-protecting properties. It is used in various skincare products to reduce wrinkles, improve skin elasticity, and protect against UV-induced damage. The rising consumer focus on natural and sustainable beauty products is expected to drive the demand for natural astaxanthin in the cosmetic industry. Hence, such applications are expected to fuel the growth of the market during the forecast period.

Restraints:

One of the key challenges hindering the natural astaxanthin market growth is the high production cost. Natural astaxanthin is primarily derived from microalgae, which requires specialized cultivation and extraction processes. These processes involve high production costs, including the cost of raw materials, cultivation facilities, and extraction technologies. The high production cost of natural astaxanthin makes it relatively expensive compared to synthetic alternatives, which can limit its adoption in price-sensitive markets.

Furthermore, the limited availability of natural astaxanthin sources and the complex extraction process pose challenges to the scalability of production. The demand for natural astaxanthin is growing rapidly, but the industry is facing constraints in meeting the increasing demand due to limited production capacity. Scaling up production to meet the market demand while maintaining quality standards can be a significant challenge for market players. Hence, such factors are expected to hinder market growth during the forecast period.

Natural Astaxanthin Market Segmentation By Application

The nutraceuticals segment is estimated to witness significant growth during the forecast period. Natural astaxanthin is widely used in the formulation of dietary supplements and functional foods due to its health-promoting properties. It is known to support cardiovascular health, enhance eye health, and reduce inflammation. The increasing consumer interest in preventive healthcare and the demand for natural and organic products are driving the growth of the nutraceutical industry, thereby fueling the demand for natural astaxanthin.

The cosmetic segment is also expected to grow at a considerable rate. Natural astaxanthin is gaining traction in the cosmetic industry due to its anti-aging and skin-protecting properties. It is used in various skincare products to reduce wrinkles, improve skin elasticity, and protect against UV-induced damage. The rising consumer focus on natural and sustainable beauty products is expected to drive the demand for natural astaxanthin in the cosmetic industry.

Natural Astaxanthin Market Segmentation By Source

The microalgae segment is estimated to witness significant growth during the forecast period. Microalgae are the primary natural source of astaxanthin and are considered the most sustainable and reliable source for its production. Microalgae cultivation can be done in controlled environments, allowing for consistent and high-quality astaxanthin production. The increasing focus on sustainable sourcing and the rising demand for natural ingredients are driving the growth of the microalgae segment.

The yeast segment is also expected to grow at a considerable rate. Yeast fermentation is an alternative method for producing natural astaxanthin. It offers advantages such as cost-effectiveness and scalability. Yeast-derived astaxanthin is gaining popularity in the market due to its potential as a sustainable and cost-effective source. Hence, such factors are expected to fuel the growth of this segment, which in turn will drive the market growth during the forecast period.

Regional Overview

North America is estimated to contribute significantly to the growth of the global market during the forecast period. The region has a well-established nutraceutical and cosmetic industry, which is driving the demand for natural astaxanthin. The increasing consumer awareness about the health benefits of natural ingredients and the rising demand for clean label products are fueling the growth of the natural astaxanthin market in North America. Additionally, the presence of key market players and their focus on product innovation and expansion strategies are further driving the market in the region.

Europe is also expected to grow at a considerable rate. The region has a strong demand for natural and organic products, including dietary supplements and functional foods. The increasing consumer preference for clean label products and the stringent regulations on synthetic food colorants are driving the demand for natural astaxanthin in Europe. The presence of a well-established cosmetic industry and the rising demand for natural and sustainable beauty products are further contributing to the market growth in the region.

In 2020, during the COVID-19 pandemic, the natural astaxanthin market witnessed a temporary slowdown due to disruptions in the supply chain and the closure of manufacturing facilities. However, with the gradual lifting of restrictions and the resumption of economic activities, the market is expected to recover and witness growth during the forecast period.

Natural Astaxanthin Market Customer Landscape

The natural astaxanthin market industry report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.

Who are the Major Natural Astaxanthin Market Companies?

Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.

Cyanotech Corporation: A leading producer of natural astaxanthin from microalgae. They are known for their brand BioAstin® and have a strong presence in the astaxanthin market.

Fuji Chemical Industry Co., Ltd.: A Japanese company that produces natural astaxanthin under the brand name AstaReal®. They are involved in research, development, and commercialization of astaxanthin-based products.

Cardax, Inc.: This company focuses on the development and commercialization of astaxanthin-based dietary supplements and pharmaceuticals. They have a patented form of astaxanthin called ZanthoSyn®.

Algatechnologies: An Israeli company specializing in the cultivation and processing of microalgae, including natural astaxanthin. They offer their astaxanthin products under the brand name AstaPure®.

The research report also includes detailed analyses of the competitive landscape of the market and information about 20 market companies.

Some of the major companies in the natural astaxanthin market include:

  • Algatechnologies Ltd.
  • BASF SE
  • Cyanotech Corporation
  • Fuji Chemical Industries Co., Ltd.
  • Kyowa Hakko Bio Co., Ltd.
  • MicroA AS
  • Nature's Way Products, LLC
  • Parry Nutraceuticals Ltd.
  • Valensa International
  • Yunnan Alphy Biotech Co., Ltd.

Segment Overview

The natural astaxanthin market report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2019 to 2032.

  • Application Outlook (USD Million, 2019 - 2032)

   - Dietary supplements

   - Cosmetics

   - Pharmaceuticals

   - Animal feed

   - Others

  • Source Outlook (USD Million, 2019 - 2032)

   - Microalgae

   - Yeast

   - Shrimp waste

   - Others

  • Form Outlook (USD Million, 2019 - 2032)

   - Oil

   - Powder

   - Softgel capsules

   - Others

  • Geography Outlook (USD Million, 2019 - 2032)

   - North America

     - The U.S.

     - Canada

   - Europe

     - U.K.

     - Germany

     - France

     - Rest of Europe

   - APAC

     - China

     - India

   - South America

     - Chile

     - Argentina

     - Brazil

   - Middle East & Africa

     - Saudi Arabia

     - South Africa

     - Rest of the Middle East & Africa

Table of Contents

Global Natural Astaxanthin Sales Market Report 2017
1 Natural Astaxanthin Market Overview
1.1 Product Overview and Scope of Natural Astaxanthin
1.2 Classification of Natural Astaxanthin by Product Category
1.2.1 Global Natural Astaxanthin Market Size (Sales) Comparison by Type (2012-2022)
1.2.2 Global Natural Astaxanthin Market Size (Sales) Market Share by Type (Product Category) in 2016
1.2.3 Astaxanthin Oleoresin
1.2.4 Astaxanthin Powder
1.3 Global Natural Astaxanthin Market by Application/End Users
1.3.1 Global Natural Astaxanthin Sales (Volume) and Market Share Comparison by Application (2012-2022)
1.3.2 Nutraceuticals
1.3.3 Cosmetics
1.3.4 Food & Beverages
1.3.5 Feed
1.3.6 Others
1.4 Global Natural Astaxanthin Market by Region
1.4.1 Global Natural Astaxanthin Market Size (Value) Comparison by Region (2012-2022)
1.4.2 United States Natural Astaxanthin Status and Prospect (2012-2022)
1.4.3 China Natural Astaxanthin Status and Prospect (2012-2022)
1.4.4 Europe Natural Astaxanthin Status and Prospect (2012-2022)
1.4.5 Japan Natural Astaxanthin Status and Prospect (2012-2022)
1.4.6 Southeast Asia Natural Astaxanthin Status and Prospect (2012-2022)
1.4.7 India Natural Astaxanthin Status and Prospect (2012-2022)
1.5 Global Market Size (Value and Volume) of Natural Astaxanthin (2012-2022)
1.5.1 Global Natural Astaxanthin Sales and Growth Rate (2012-2022)
1.5.2 Global Natural Astaxanthin Revenue and Growth Rate (2012-2022)

2 Global Natural Astaxanthin Competition by Players/Suppliers, Type and Application
2.1 Global Natural Astaxanthin Market Competition by Players/Suppliers
2.1.1 Global Natural Astaxanthin Sales and Market Share of Key Players/Suppliers (2012-2017)
2.1.2 Global Natural Astaxanthin Revenue and Share by Players/Suppliers (2012-2017)
2.2 Global Natural Astaxanthin (Volume and Value) by Type
2.2.1 Global Natural Astaxanthin Sales and Market Share by Type (2012-2017)
2.2.2 Global Natural Astaxanthin Revenue and Market Share by Type (2012-2017)
2.3 Global Natural Astaxanthin (Volume and Value) by Region
2.3.1 Global Natural Astaxanthin Sales and Market Share by Region (2012-2017)
2.3.2 Global Natural Astaxanthin Revenue and Market Share by Region (2012-2017)
2.4 Global Natural Astaxanthin (Volume) by Application

3 United States Natural Astaxanthin (Volume, Value and Sales Price)
3.1 United States Natural Astaxanthin Sales and Value (2012-2017)
3.1.1 United States Natural Astaxanthin Sales and Growth Rate (2012-2017)
3.1.2 United States Natural Astaxanthin Revenue and Growth Rate (2012-2017)
3.1.3 United States Natural Astaxanthin Sales Price Trend (2012-2017)
3.2 United States Natural Astaxanthin Sales Volume and Market Share by Players
3.3 United States Natural Astaxanthin Sales Volume and Market Share by Type
3.4 United States Natural Astaxanthin Sales Volume and Market Share by Application

4 China Natural Astaxanthin (Volume, Value and Sales Price)
4.1 China Natural Astaxanthin Sales and Value (2012-2017)
4.1.1 China Natural Astaxanthin Sales and Growth Rate (2012-2017)
4.1.2 China Natural Astaxanthin Revenue and Growth Rate (2012-2017)
4.1.3 China Natural Astaxanthin Sales Price Trend (2012-2017)
4.2 China Natural Astaxanthin Sales Volume and Market Share by Players
4.3 China Natural Astaxanthin Sales Volume and Market Share by Type
4.4 China Natural Astaxanthin Sales Volume and Market Share by Application

5 Europe Natural Astaxanthin (Volume, Value and Sales Price)
5.1 Europe Natural Astaxanthin Sales and Value (2012-2017)
5.1.1 Europe Natural Astaxanthin Sales and Growth Rate (2012-2017)
5.1.2 Europe Natural Astaxanthin Revenue and Growth Rate (2012-2017)
5.1.3 Europe Natural Astaxanthin Sales Price Trend (2012-2017)
5.2 Europe Natural Astaxanthin Sales Volume and Market Share by Players
5.3 Europe Natural Astaxanthin Sales Volume and Market Share by Type
5.4 Europe Natural Astaxanthin Sales Volume and Market Share by Application

6 Japan Natural Astaxanthin (Volume, Value and Sales Price)
6.1 Japan Natural Astaxanthin Sales and Value (2012-2017)
6.1.1 Japan Natural Astaxanthin Sales and Growth Rate (2012-2017)
6.1.2 Japan Natural Astaxanthin Revenue and Growth Rate (2012-2017)
6.1.3 Japan Natural Astaxanthin Sales Price Trend (2012-2017)
6.2 Japan Natural Astaxanthin Sales Volume and Market Share by Players
6.3 Japan Natural Astaxanthin Sales Volume and Market Share by Type
6.4 Japan Natural Astaxanthin Sales Volume and Market Share by Application

7 Southeast Asia Natural Astaxanthin (Volume, Value and Sales Price)
7.1 Southeast Asia Natural Astaxanthin Sales and Value (2012-2017)
7.1.1 Southeast Asia Natural Astaxanthin Sales and Growth Rate (2012-2017)
7.1.2 Southeast Asia Natural Astaxanthin Revenue and Growth Rate (2012-2017)
7.1.3 Southeast Asia Natural Astaxanthin Sales Price Trend (2012-2017)
7.2 Southeast Asia Natural Astaxanthin Sales Volume and Market Share by Players
7.3 Southeast Asia Natural Astaxanthin Sales Volume and Market Share by Type
7.4 Southeast Asia Natural Astaxanthin Sales Volume and Market Share by Application

8 India Natural Astaxanthin (Volume, Value and Sales Price)
8.1 India Natural Astaxanthin Sales and Value (2012-2017)
8.1.1 India Natural Astaxanthin Sales and Growth Rate (2012-2017)
8.1.2 India Natural Astaxanthin Revenue and Growth Rate (2012-2017)
8.1.3 India Natural Astaxanthin Sales Price Trend (2012-2017)
8.2 India Natural Astaxanthin Sales Volume and Market Share by Players
8.3 India Natural Astaxanthin Sales Volume and Market Share by Type
8.4 India Natural Astaxanthin Sales Volume and Market Share by Application

9 Global Natural Astaxanthin Players/Suppliers Profiles and Sales Data
9.1 Cyanotech
9.1.1 Company Basic Information, Manufacturing Base and Competitors
9.1.2 Natural Astaxanthin Product Category, Application and Specification
9.1.2.1 Product A
9.1.2.2 Product B
9.1.3 Cyanotech Natural Astaxanthin Sales, Revenue, Price and Gross Margin (2012-2017)
9.1.4 Main Business/Business Overview
9.2 Fuji
9.2.1 Company Basic Information, Manufacturing Base and Competitors
9.2.2 Natural Astaxanthin Product Category, Application and Specification
9.2.2.1 Product A
9.2.2.2 Product B
9.2.3 Fuji Natural Astaxanthin Sales, Revenue, Price and Gross Margin (2012-2017)
9.2.4 Main Business/Business Overview
9.3 BGG
9.3.1 Company Basic Information, Manufacturing Base and Competitors
9.3.2 Natural Astaxanthin Product Category, Application and Specification
9.3.2.1 Product A
9.3.2.2 Product B
9.3.3 BGG Natural Astaxanthin Sales, Revenue, Price and Gross Margin (2012-2017)
9.3.4 Main Business/Business Overview
9.4 Parry Nutraceuticals
9.4.1 Company Basic Information, Manufacturing Base and Competitors
9.4.2 Natural Astaxanthin Product Category, Application and Specification
9.4.2.1 Product A
9.4.2.2 Product B
9.4.3 Parry Nutraceuticals Natural Astaxanthin Sales, Revenue, Price and Gross Margin (2012-2017)
9.4.4 Main Business/Business Overview
9.5 Algatechnologies
9.5.1 Company Basic Information, Manufacturing Base and Competitors
9.5.2 Natural Astaxanthin Product Category, Application and Specification
9.5.2.1 Product A
9.5.2.2 Product B
9.5.3 Algatechnologies Natural Astaxanthin Sales, Revenue, Price and Gross Margin (2012-2017)
9.5.4 Main Business/Business Overview
9.6 Biogenic
9.6.1 Company Basic Information, Manufacturing Base and Competitors
9.6.2 Natural Astaxanthin Product Category, Application and Specification
9.6.2.1 Product A
9.6.2.2 Product B
9.6.3 Biogenic Natural Astaxanthin Sales, Revenue, Price and Gross Margin (2012-2017)
9.6.4 Main Business/Business Overview
9.7 Jingzhou Natural Astaxanthin
9.7.1 Company Basic Information, Manufacturing Base and Competitors
9.7.2 Natural Astaxanthin Product Category, Application and Specification
9.7.2.1 Product A
9.7.2.2 Product B
9.7.3 Jingzhou Natural Astaxanthin Natural Astaxanthin Sales, Revenue, Price and Gross Margin (2012-2017)
9.7.4 Main Business/Business Overview
9.8 Igene
9.8.1 Company Basic Information, Manufacturing Base and Competitors
9.8.2 Natural Astaxanthin Product Category, Application and Specification
9.8.2.1 Product A
9.8.2.2 Product B
9.8.3 Igene Natural Astaxanthin Sales, Revenue, Price and Gross Margin (2012-2017)
9.8.4 Main Business/Business Overview
9.9 Yunnan Alphy Biotech
9.9.1 Company Basic Information, Manufacturing Base and Competitors
9.9.2 Natural Astaxanthin Product Category, Application and Specification
9.9.2.1 Product A
9.9.2.2 Product B
9.9.3 Yunnan Alphy Biotech Natural Astaxanthin Sales, Revenue, Price and Gross Margin (2012-2017)
9.9.4 Main Business/Business Overview
9.10 ADM
9.10.1 Company Basic Information, Manufacturing Base and Competitors
9.10.2 Natural Astaxanthin Product Category, Application and Specification
9.10.2.1 Product A
9.10.2.2 Product B
9.10.3 ADM Natural Astaxanthin Sales, Revenue, Price and Gross Margin (2012-2017)
9.10.4 Main Business/Business Overview
9.11 Piveg

10 Natural Astaxanthin Maufacturing Cost Analysis
10.1 Natural Astaxanthin Key Raw Materials Analysis
10.1.1 Key Raw Materials
10.1.2 Price Trend of Key Raw Materials
10.1.3 Key Suppliers of Raw Materials
10.1.4 Market Concentration Rate of Raw Materials
10.2 Proportion of Manufacturing Cost Structure
10.2.1 Raw Materials
10.2.2 Labor Cost
10.2.3 Manufacturing Process Analysis of Natural Astaxanthin
10.3 Manufacturing Process Analysis of Natural Astaxanthin

11 Industrial Chain, Sourcing Strategy and Downstream Buyers
11.1 Natural Astaxanthin Industrial Chain Analysis
11.2 Upstream Raw Materials Sourcing
11.3 Raw Materials Sources of Natural Astaxanthin Major Manufacturers in 2016
11.4 Downstream Buyers

12 Marketing Strategy Analysis, Distributors/Traders
12.1 Marketing Channel
12.1.1 Direct Marketing
12.1.2 Indirect Marketing
12.1.3 Marketing Channel Development Trend
12.2 Market Positioning
12.2.1 Pricing Strategy
12.2.2 Brand Strategy
12.2.3 Target Client
12.3 Distributors/Traders List

13 Market Effect Factors Analysis
13.1 Technology Progress/Risk
13.1.1 Substitutes Threat
13.1.2 Technology Progress in Related Industry
13.2 Consumer Needs/Customer Preference Change
13.3 Economic/Political Environmental Change

14 Global Natural Astaxanthin Market Forecast (2017-2022)
14.1 Global Natural Astaxanthin Sales Volume, Revenue and Price Forecast (2017-2022)
14.1.1 Global Natural Astaxanthin Sales Volume and Growth Rate Forecast (2017-2022)
14.1.2 Global Natural Astaxanthin Revenue and Growth Rate Forecast (2017-2022)
14.1.3 Global Natural Astaxanthin Price and Trend Forecast (2017-2022)
14.2 Global Natural Astaxanthin Sales Volume, Revenue and Growth Rate Forecast by Region (2017-2022)
14.2.1 Global Natural Astaxanthin Sales Volume and Growth Rate Forecast by Regions (2017-2022)
14.2.2 Global Natural Astaxanthin Revenue and Growth Rate Forecast by Regions (2017-2022)
14.2.3 United States Natural Astaxanthin Sales Volume, Revenue and Growth Rate Forecast (2017-2022)
14.2.4 China Natural Astaxanthin Sales Volume, Revenue and Growth Rate Forecast (2017-2022)
14.2.5 Europe Natural Astaxanthin Sales Volume, Revenue and Growth Rate Forecast (2017-2022)
14.2.6 Japan Natural Astaxanthin Sales Volume, Revenue and Growth Rate Forecast (2017-2022)
14.2.7 Southeast Asia Natural Astaxanthin Sales Volume, Revenue and Growth Rate Forecast (2017-2022)
14.2.8 India Natural Astaxanthin Sales Volume, Revenue and Growth Rate Forecast (2017-2022)
14.3 Global Natural Astaxanthin Sales Volume, Revenue and Price Forecast by Type (2017-2022)
14.3.1 Global Natural Astaxanthin Sales Forecast by Type (2017-2022)
14.3.2 Global Natural Astaxanthin Revenue Forecast by Type (2017-2022)
14.3.3 Global Natural Astaxanthin Price Forecast by Type (2017-2022)
14.4 Global Natural Astaxanthin Sales Volume Forecast by Application (2017-2022)

15 Research Findings and Conclusion

16 Appendix
16.1 Methodology/Research Approach
16.1.1 Research Programs/Design
16.1.2 Market Size Estimation
16.1.3 Market Breakdown and Data Triangulation
16.2 Data Source
16.2.1 Secondary Sources
16.2.2 Primary Sources
16.3 Disclaimer




List of Tables and Figures

Figure Product Picture of Natural Astaxanthin
Figure Global Natural Astaxanthin Sales Volume Comparison (K Units) by Type (2012-2022)
Figure Global Natural Astaxanthin Sales Volume Market Share by Type (Product Category) in 2016
Figure Astaxanthin Oleoresin Product Picture
Figure Astaxanthin Powder Product Picture
Figure Global Natural Astaxanthin Sales Comparison (K Units) by Application (2012-2022)
Figure Global Sales Market Share of Natural Astaxanthin by Application in 2016
Figure Nutraceuticals Examples
Table Key Downstream Customer in Nutraceuticals
Figure Cosmetics Examples
Table Key Downstream Customer in Cosmetics
Figure Food & Beverages Examples
Table Key Downstream Customer in Food & Beverages
Figure Feed Examples
Table Key Downstream Customer in Feed
Figure Others Examples
Table Key Downstream Customer in Others
Figure Global Natural Astaxanthin Market Size (Million USD) by Regions (2012-2022)
Figure United States Natural Astaxanthin Revenue (Million USD) and Growth Rate (2012-2022)
Figure China Natural Astaxanthin Revenue (Million USD) and Growth Rate (2012-2022)
Figure Europe Natural Astaxanthin Revenue (Million USD) and Growth Rate (2012-2022)
Figure Japan Natural Astaxanthin Revenue (Million USD) and Growth Rate (2012-2022)
Figure Southeast Asia Natural Astaxanthin Revenue (Million USD) and Growth Rate (2012-2022)
Figure India Natural Astaxanthin Revenue (Million USD) and Growth Rate (2012-2022)
Figure Global Natural Astaxanthin Sales Volume (K Units) and Growth Rate (2012-2022)
Figure Global Natural Astaxanthin Revenue (Million USD) and Growth Rate (2012-2022)
Figure Global Market Major Players Natural Astaxanthin Sales Volume (K Units) (2012-2017)
Table Global Natural Astaxanthin Sales (K Units) of Key Players/Suppliers (2012-2017)
Table Global Natural Astaxanthin Sales Share by Players/Suppliers (2012-2017)
Figure 2016 Natural Astaxanthin Sales Share by Players/Suppliers
Figure 2017 Natural Astaxanthin Sales Share by Players/Suppliers
Figure Global Natural Astaxanthin Revenue (Million USD) by Players/Suppliers (2012-2017)
Table Global Natural Astaxanthin Revenue (Million USD) by Players/Suppliers (2012-2017)
Table Global Natural Astaxanthin Revenue Share by Players/Suppliers (2012-2017)
Table 2016 Global Natural Astaxanthin Revenue Share by Players
Table 2017 Global Natural Astaxanthin Revenue Share by Players
Table Global Natural Astaxanthin Sales (K Units) and Market Share by Type (2012-2017)
Table Global Natural Astaxanthin Sales Share (K Units) by Type (2012-2017)
Figure Sales Market Share of Natural Astaxanthin by Type (2012-2017)
Figure Global Natural Astaxanthin Sales Growth Rate by Type (2012-2017)
Table Global Natural Astaxanthin Revenue (Million USD) and Market Share by Type (2012-2017)
Table Global Natural Astaxanthin Revenue Share by Type (2012-2017)
Figure Revenue Market Share of Natural Astaxanthin by Type (2012-2017)
Figure Global Natural Astaxanthin Revenue Growth Rate by Type (2012-2017)
Table Global Natural Astaxanthin Sales Volume (K Units) and Market Share by Region (2012-2017)
Table Global Natural Astaxanthin Sales Share by Region (2012-2017)
Figure Sales Market Share of Natural Astaxanthin by Region (2012-2017)
Figure Global Natural Astaxanthin Sales Growth Rate by Region in 2016
Table Global Natural Astaxanthin Revenue (Million USD) and Market Share by Region (2012-2017)
Table Global Natural Astaxanthin Revenue Share (%) by Region (2012-2017)
Figure Revenue Market Share of Natural Astaxanthin by Region (2012-2017)
Figure Global Natural Astaxanthin Revenue Growth Rate by Region in 2016
Table Global Natural Astaxanthin Revenue (Million USD) and Market Share by Region (2012-2017)
Table Global Natural Astaxanthin Revenue Share (%) by Region (2012-2017)
Figure Revenue Market Share of Natural Astaxanthin by Region (2012-2017)
Figure Global Natural Astaxanthin Revenue Market Share by Region in 2016
Table Global Natural Astaxanthin Sales Volume (K Units) and Market Share by Application (2012-2017)
Table Global Natural Astaxanthin Sales Share (%) by Application (2012-2017)
Figure Sales Market Share of Natural Astaxanthin by Application (2012-2017)
Figure Global Natural Astaxanthin Sales Market Share by Application (2012-2017)
Figure United States Natural Astaxanthin Sales (K Units) and Growth Rate (2012-2017)
Figure United States Natural Astaxanthin Revenue (Million USD) and Growth Rate (2012-2017)
Figure United States Natural Astaxanthin Sales Price (USD/Unit) Trend (2012-2017)
Table United States Natural Astaxanthin Sales Volume (K Units) by Players (2012-2017)
Table United States Natural Astaxanthin Sales Volume Market Share by Players (2012-2017)
Figure United States Natural Astaxanthin Sales Volume Market Share by Players in 2016
Table United States Natural Astaxanthin Sales Volume (K Units) by Type (2012-2017)
Table United States Natural Astaxanthin Sales Volume Market Share by Type (2012-2017)
Figure United States Natural Astaxanthin Sales Volume Market Share by Type in 2016
Table United States Natural Astaxanthin Sales Volume (K Units) by Application (2012-2017)
Table United States Natural Astaxanthin Sales Volume Market Share by Application (2012-2017)
Figure United States Natural Astaxanthin Sales Volume Market Share by Application in 2016
Figure China Natural Astaxanthin Sales (K Units) and Growth Rate (2012-2017)
Figure China Natural Astaxanthin Revenue (Million USD) and Growth Rate (2012-2017)
Figure China Natural Astaxanthin Sales Price (USD/Unit) Trend (2012-2017)
Table China Natural Astaxanthin Sales Volume (K Units) by Players (2012-2017)
Table China Natural Astaxanthin Sales Volume Market Share by Players (2012-2017)
Figure China Natural Astaxanthin Sales Volume Market Share by Players in 2016
Table China Natural Astaxanthin Sales Volume (K Units) by Type (2012-2017)
Table China Natural Astaxanthin Sales Volume Market Share by Type (2012-2017)
Figure China Natural Astaxanthin Sales Volume Market Share by Type in 2016
Table China Natural Astaxanthin Sales Volume (K Units) by Application (2012-2017)
Table China Natural Astaxanthin Sales Volume Market Share by Application (2012-2017)
Figure China Natural Astaxanthin Sales Volume Market Share by Application in 2016
Figure Europe Natural Astaxanthin Sales (K Units) and Growth Rate (2012-2017)
Figure Europe Natural Astaxanthin Revenue (Million USD) and Growth Rate (2012-2017)
Figure Europe Natural Astaxanthin Sales Price (USD/Unit) Trend (2012-2017)
Table Europe Natural Astaxanthin Sales Volume (K Units) by Players (2012-2017)
Table Europe Natural Astaxanthin Sales Volume Market Share by Players (2012-2017)
Figure Europe Natural Astaxanthin Sales Volume Market Share by Players in 2016
Table Europe Natural Astaxanthin Sales Volume (K Units) by Type (2012-2017)
Table Europe Natural Astaxanthin Sales Volume Market Share by Type (2012-2017)
Figure Europe Natural Astaxanthin Sales Volume Market Share by Type in 2016
Table Europe Natural Astaxanthin Sales Volume (K Units) by Application (2012-2017)
Table Europe Natural Astaxanthin Sales Volume Market Share by Application (2012-2017)
Figure Europe Natural Astaxanthin Sales Volume Market Share by Application in 2016
Figure Japan Natural Astaxanthin Sales (K Units) and Growth Rate (2012-2017)
Figure Japan Natural Astaxanthin Revenue (Million USD) and Growth Rate (2012-2017)
Figure Japan Natural Astaxanthin Sales Price (USD/Unit) Trend (2012-2017)
Table Japan Natural Astaxanthin Sales Volume (K Units) by Players (2012-2017)
Table Japan Natural Astaxanthin Sales Volume Market Share by Players (2012-2017)
Figure Japan Natural Astaxanthin Sales Volume Market Share by Players in 2016
Table Japan Natural Astaxanthin Sales Volume (K Units) by Type (2012-2017)
Table Japan Natural Astaxanthin Sales Volume Market Share by Type (2012-2017)
Figure Japan Natural Astaxanthin Sales Volume Market Share by Type in 2016
Table Japan Natural Astaxanthin Sales Volume (K Units) by Application (2012-2017)
Table Japan Natural Astaxanthin Sales Volume Market Share by Application (2012-2017)
Figure Japan Natural Astaxanthin Sales Volume Market Share by Application in 2016
Figure Southeast Asia Natural Astaxanthin Sales (K Units) and Growth Rate (2012-2017)
Figure Southeast Asia Natural Astaxanthin Revenue (Million USD) and Growth Rate (2012-2017)
Figure Southeast Asia Natural Astaxanthin Sales Price (USD/Unit) Trend (2012-2017)
Table Southeast Asia Natural Astaxanthin Sales Volume (K Units) by Players (2012-2017)
Table Southeast Asia Natural Astaxanthin Sales Volume Market Share by Players (2012-2017)
Figure Southeast Asia Natural Astaxanthin Sales Volume Market Share by Players in 2016
Table Southeast Asia Natural Astaxanthin Sales Volume (K Units) by Type (2012-2017)
Table Southeast Asia Natural Astaxanthin Sales Volume Market Share by Type (2012-2017)
Figure Southeast Asia Natural Astaxanthin Sales Volume Market Share by Type in 2016
Table Southeast Asia Natural Astaxanthin Sales Volume (K Units) by Application (2012-2017)
Table Southeast Asia Natural Astaxanthin Sales Volume Market Share by Application (2012-2017)
Figure Southeast Asia Natural Astaxanthin Sales Volume Market Share by Application in 2016
Figure India Natural Astaxanthin Sales (K Units) and Growth Rate (2012-2017)
Figure India Natural Astaxanthin Revenue (Million USD) and Growth Rate (2012-2017)
Figure India Natural Astaxanthin Sales Price (USD/Unit) Trend (2012-2017)
Table India Natural Astaxanthin Sales Volume (K Units) by Players (2012-2017)
Table India Natural Astaxanthin Sales Volume Market Share by Players (2012-2017)
Figure India Natural Astaxanthin Sales Volume Market Share by Players in 2016
Table India Natural Astaxanthin Sales Volume (K Units) by Type (2012-2017)
Table India Natural Astaxanthin Sales Volume Market Share by Type (2012-2017)
Figure India Natural Astaxanthin Sales Volume Market Share by Type in 2016
Table India Natural Astaxanthin Sales Volume (K Units) by Application (2012-2017)
Table India Natural Astaxanthin Sales Volume Market Share by Application (2012-2017)
Figure India Natural Astaxanthin Sales Volume Market Share by Application in 2016
Table Cyanotech Basic Information List
Table Cyanotech Natural Astaxanthin Sales (K Units), Revenue (Million USD), Price (USD/Unit) and Gross Margin (2012-2017)
Figure Cyanotech Natural Astaxanthin Sales Growth Rate (2012-2017)
Figure Cyanotech Natural Astaxanthin Sales Global Market Share (2012-2017
Figure Cyanotech Natural Astaxanthin Revenue Global Market Share (2012-2017)
Table Fuji Basic Information List
Table Fuji Natural Astaxanthin Sales (K Units), Revenue (Million USD), Price (USD/Unit) and Gross Margin (2012-2017)
Figure Fuji Natural Astaxanthin Sales Growth Rate (2012-2017)
Figure Fuji Natural Astaxanthin Sales Global Market Share (2012-2017
Figure Fuji Natural Astaxanthin Revenue Global Market Share (2012-2017)
Table BGG Basic Information List
Table BGG Natural Astaxanthin Sales (K Units), Revenue (Million USD), Price (USD/Unit) and Gross Margin (2012-2017)
Figure BGG Natural Astaxanthin Sales Growth Rate (2012-2017)
Figure BGG Natural Astaxanthin Sales Global Market Share (2012-2017
Figure BGG Natural Astaxanthin Revenue Global Market Share (2012-2017)
Table Parry Nutraceuticals Basic Information List
Table Parry Nutraceuticals Natural Astaxanthin Sales (K Units), Revenue (Million USD), Price (USD/Unit) and Gross Margin (2012-2017)
Figure Parry Nutraceuticals Natural Astaxanthin Sales Growth Rate (2012-2017)
Figure Parry Nutraceuticals Natural Astaxanthin Sales Global Market Share (2012-2017
Figure Parry Nutraceuticals Natural Astaxanthin Revenue Global Market Share (2012-2017)
Table Algatechnologies Basic Information List
Table Algatechnologies Natural Astaxanthin Sales (K Units), Revenue (Million USD), Price (USD/Unit) and Gross Margin (2012-2017)
Figure Algatechnologies Natural Astaxanthin Sales Growth Rate (2012-2017)
Figure Algatechnologies Natural Astaxanthin Sales Global Market Share (2012-2017
Figure Algatechnologies Natural Astaxanthin Revenue Global Market Share (2012-2017)
Table Biogenic Basic Information List
Table Biogenic Natural Astaxanthin Sales (K Units), Revenue (Million USD), Price (USD/Unit) and Gross Margin (2012-2017)
Figure Biogenic Natural Astaxanthin Sales Growth Rate (2012-2017)
Figure Biogenic Natural Astaxanthin Sales Global Market Share (2012-2017
Figure Biogenic Natural Astaxanthin Revenue Global Market Share (2012-2017)
Table Jingzhou Natural Astaxanthin Basic Information List
Table Jingzhou Natural Astaxanthin Natural Astaxanthin Sales (K Units), Revenue (Million USD), Price (USD/Unit) and Gross Margin (2012-2017)
Figure Jingzhou Natural Astaxanthin Natural Astaxanthin Sales Growth Rate (2012-2017)
Figure Jingzhou Natural Astaxanthin Natural Astaxanthin Sales Global Market Share (2012-2017
Figure Jingzhou Natural Astaxanthin Natural Astaxanthin Revenue Global Market Share (2012-2017)
Table Igene Basic Information List
Table Igene Natural Astaxanthin Sales (K Units), Revenue (Million USD), Price (USD/Unit) and Gross Margin (2012-2017)
Figure Igene Natural Astaxanthin Sales Growth Rate (2012-2017)
Figure Igene Natural Astaxanthin Sales Global Market Share (2012-2017
Figure Igene Natural Astaxanthin Revenue Global Market Share (2012-2017)
Table Yunnan Alphy Biotech Basic Information List
Table Yunnan Alphy Biotech Natural Astaxanthin Sales (K Units), Revenue (Million USD), Price (USD/Unit) and Gross Margin (2012-2017)
Figure Yunnan Alphy Biotech Natural Astaxanthin Sales Growth Rate (2012-2017)
Figure Yunnan Alphy Biotech Natural Astaxanthin Sales Global Market Share (2012-2017
Figure Yunnan Alphy Biotech Natural Astaxanthin Revenue Global Market Share (2012-2017)
Table ADM Basic Information List
Table ADM Natural Astaxanthin Sales (K Units), Revenue (Million USD), Price (USD/Unit) and Gross Margin (2012-2017)
Figure ADM Natural Astaxanthin Sales Growth Rate (2012-2017)
Figure ADM Natural Astaxanthin Sales Global Market Share (2012-2017
Figure ADM Natural Astaxanthin Revenue Global Market Share (2012-2017)
Table Piveg Basic Information List
Table Production Base and Market Concentration Rate of Raw Material
Figure Price Trend of Key Raw Materials
Table Key Suppliers of Raw Materials
Figure Manufacturing Cost Structure of Natural Astaxanthin
Figure Manufacturing Process Analysis of Natural Astaxanthin
Figure Natural Astaxanthin Industrial Chain Analysis
Table Raw Materials Sources of Natural Astaxanthin Major Players in 2016
Table Major Buyers of Natural Astaxanthin
Table Distributors/Traders List
Figure Global Natural Astaxanthin Sales Volume (K Units) and Growth Rate Forecast (2017-2022)
Figure Global Natural Astaxanthin Revenue (Million USD) and Growth Rate Forecast (2017-2022)
Figure Global Natural Astaxanthin Price (USD/Unit) and Trend Forecast (2017-2022)
Table Global Natural Astaxanthin Sales Volume (K Units) Forecast by Regions (2017-2022)
Figure Global Natural Astaxanthin Sales Volume Market Share Forecast by Regions (2017-2022)
Figure Global Natural Astaxanthin Sales Volume Market Share Forecast by Regions in 2022
Table Global Natural Astaxanthin Revenue (Million USD) Forecast by Regions (2017-2022)
Figure Global Natural Astaxanthin Revenue Market Share Forecast by Regions (2017-2022)
Figure Global Natural Astaxanthin Revenue Market Share Forecast by Regions in 2022
Figure United States Natural Astaxanthin Sales Volume (K Units) and Growth Rate Forecast (2017-2022)
Figure United States Natural Astaxanthin Revenue (Million USD) and Growth Rate Forecast (2017-2022)
Figure China Natural Astaxanthin Sales Volume (K Units) and Growth Rate Forecast (2017-2022)
Figure China Natural Astaxanthin Revenue and Growth Rate Forecast (2017-2022)
Figure Europe Natural Astaxanthin Sales Volume (K Units) and Growth Rate Forecast (2017-2022)
Figure Europe Natural Astaxanthin Revenue (Million USD) and Growth Rate Forecast (2017-2022)
Figure Japan Natural Astaxanthin Sales Volume (K Units) and Growth Rate Forecast (2017-2022)
Figure Japan Natural Astaxanthin Revenue (Million USD) and Growth Rate Forecast (2017-2022)
Figure Southeast Asia Natural Astaxanthin Sales Volume (K Units) and Growth Rate Forecast (2017-2022)
Figure Southeast Asia Natural Astaxanthin Revenue (Million USD) and Growth Rate Forecast (2017-2022)
Figure India Natural Astaxanthin Sales Volume (K Units) and Growth Rate Forecast (2017-2022)
Figure India Natural Astaxanthin Revenue (Million USD) and Growth Rate Forecast (2017-2022)
Table Global Natural Astaxanthin Sales (K Units) Forecast by Type (2017-2022)
Figure Global Natural Astaxanthin Sales Volume Market Share Forecast by Type (2017-2022)
Table Global Natural Astaxanthin Revenue (Million USD) Forecast by Type (2017-2022)
Figure Global Natural Astaxanthin Revenue Market Share Forecast by Type (2017-2022)
Table Global Natural Astaxanthin Price (USD/Unit) Forecast by Type (2017-2022)
Table Global Natural Astaxanthin Sales (K Units) Forecast by Application (2017-2022)
Figure Global Natural Astaxanthin Sales Market Share Forecast by Application (2017-2022)
Table Research Programs/Design for This Report
Figure Bottom-up and Top-down Approaches for This Report
Figure Data Triangulation
Table Key Data Information from Secondary Sources
Table Key Data Information from Primary Sources

RESEARCH METHODOLOGY

A research methodology is a systematic approach for assessing or conducting a market study. Researchers tend to draw on a variety of both qualitative and quantitative study methods, inclusive of investigations, survey, secondary data and market observation.

Such plans can focus on classifying the products offered by leading market players or simply use statistical models to interpret observations or test hypotheses. While some methods aim for a detailed description of the factors behind an observation, others present the context of the current market scenario.

Now let’s take a closer look at the research methods here.

Secondary Research Model

Extensive data is obtained and cumulated on a substantial basis during the inception phase of the research process. The data accumulated is consistently filtered through validation from the in-house database, paid sources as well reputable industry magazines. A robust research study requires an understanding of the overall value chain. Annual reports and financials of industry players are studied thoroughly to have a comprehensive idea of the market taxonomy.

Primary Insights

Post conglomeration of the data obtained through secondary research; a validation process is initiated to verify the numbers or figures. This process is usually performed by having a detailed discussion with the industry experts.

However, we do not restrict our primary interviews only to the industry leaders. Our team covers the entire value chain while verifying the data. A significant number of raw material suppliers, local manufacturers, distributors, and stakeholders are interviewed to make our findings authentic. The current trends which include the drivers, restraints, and opportunities are also derived through the primary research process.

Market Estimation

The market estimation is conducted by analyzing the data collected through both secondary and primary research. This process involves market breakdown, bottom-up and top- down approach.

Moreover, while forecasting the market a comprehensive statistical time series model is designed for each market. Macroeconomic indicators are considered to understand the current trends of the market. Each data point is verified by the process of data triangulation method to arrive at the final market estimates.

Final Presentation

The penultimate process results in a holistic research report. The study equips key industry players to undertake significant strategic decisions through the findings. The report encompasses detailed market information. Graphical representations of the current market trends are also made available in order to make the study highly comprehensible for the reader.

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