Shades of Opportunity: Navigating the Astaxanthin Market's Growth and Potential (2023-2030)
Global Astaxanthin Market Size Was Valued at USD 721.80 Million In 2022 And Is Projected to Reach USD 1386.29 Million By 2030, Growing at A CAGR of 8.5% From 2023 To 2030.
The Astaxanthin market is witnessing notable growth propelled by increasing consumer awareness of its health benefits and its expanding applications across various industries. Astaxanthin, a naturally occurring pigment found in algae, shrimp, salmon, and other sources, has gained attention for its potent antioxidant properties and numerous health benefits.
One of the primary drivers of the astaxanthin market's expansion is its growing use in the nutraceutical and dietary supplement industry. As consumers prioritize health and wellness, they are seeking natural supplements with antioxidant properties to support overall well-being and address specific health concerns. Astaxanthin's superior antioxidant activity compared to other carotenoids, along with its potential benefits for eye health, skin health, cardiovascular health, and exercise performance, has fueled its demand in the nutraceutical sector.
Players Covered in the Astaxanthin Market are:
BASF SE, BGG, Cyanotech Corporation, DSM, Fenchem, Lycored, Piveg, Algae to Omega, Wellgreen Technology, Cardax, INNOBIO, ALGA Technologies, Algix, EID-Parry Ltd, IGENE Biotechnology, MicroA AS
Get a Full PDF Sample Copy of the Report: (Including Full TOC, List of Tables & Figures, and Chart) @
https://introspectivemarke...
Global Astaxanthin Market Size Was Valued at USD 721.80 Million In 2022 And Is Projected to Reach USD 1386.29 Million By 2030, Growing at A CAGR of 8.5% From 2023 To 2030.
The Astaxanthin market is witnessing notable growth propelled by increasing consumer awareness of its health benefits and its expanding applications across various industries. Astaxanthin, a naturally occurring pigment found in algae, shrimp, salmon, and other sources, has gained attention for its potent antioxidant properties and numerous health benefits.
One of the primary drivers of the astaxanthin market's expansion is its growing use in the nutraceutical and dietary supplement industry. As consumers prioritize health and wellness, they are seeking natural supplements with antioxidant properties to support overall well-being and address specific health concerns. Astaxanthin's superior antioxidant activity compared to other carotenoids, along with its potential benefits for eye health, skin health, cardiovascular health, and exercise performance, has fueled its demand in the nutraceutical sector.
Players Covered in the Astaxanthin Market are:
BASF SE, BGG, Cyanotech Corporation, DSM, Fenchem, Lycored, Piveg, Algae to Omega, Wellgreen Technology, Cardax, INNOBIO, ALGA Technologies, Algix, EID-Parry Ltd, IGENE Biotechnology, MicroA AS
Get a Full PDF Sample Copy of the Report: (Including Full TOC, List of Tables & Figures, and Chart) @
https://introspectivemarke...
8 months ago
