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Natural Astaxanthin-Global Market Insights and Sales Trends 2025
Synopsis
Astaxanthin is a naturally occurring dark red carotenoid found in nature primarily in aquatic animals such as salmon, trout, krill, shrimp, crayfish, and crustaceans. It has the unique capacity to quench free radicals and reactive species of oxygen and to inhibit lipid peroxidation. Studies have shown natural astaxanthin to be over 500 times stronger than vitamin E and much more potent than other carotenoids such as lutein, lycopene and β-carotene. Natural astaxanthin is biosynthesized by living microalgae (H. Pluvialis). Natural astaxanthin with the molecular formula of C40H52O4 and CAS number 472-61-7 is a member of the carotenoid family and the main carotenoid found in algae and aquatic animals. It is more than just a red pigment; it is primarily an extremely powerful antioxidant. There are two types of natural astaxanthin included astaxanthin oleoresin and astaxanthin powder.
The global Natural Astaxanthin market size is expected to reach US$ 127.2 million by 2029, growing at a CAGR of 8.8% from 2023 to 2029. The market is mainly driven by the significant applications of Natural Astaxanthin in various end use industries. The expanding demands from the Nutraceuticals, Cosmetics, Food & Beverages and Feed, are propelling Natural Astaxanthin market. Astaxanthin Oleoresin, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Astaxanthin Powder segment is estimated at % CAGR for the next seven-year period.
Global Natural Astaxanthin key players include Cyanotech, Fuji, BGG, Parry Nutraceuticals (Valensa International), Algatechnologies, etc. Global top five manufacturers hold a share about 75%. North America is the largest market, with a share about 70%, followed by China and Europe, total with a share about 25 percent. In terms of product, Astaxanthin Oleoresin is the largest segment, with a share about 50%. And in terms of application, the largest application is Nutraceuticals, followed by Cosmetics, Food & Beverages, Feed, etc.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Natural Astaxanthin, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Natural Astaxanthin market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Natural Astaxanthin market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Natural Astaxanthin sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Natural Astaxanthin covered in this report include Cyanotech, Fuji, BGG, Parry Nutraceuticals, Algatechnologies, Biogenic, Jingzhou Natural Astaxanthin, Yunnan Alphy Biotech and ADM, etc.
The global Natural Astaxanthin market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Cyanotech
Fuji
BGG
Parry Nutraceuticals
Algatechnologies
Biogenic
Jingzhou Natural Astaxanthin
Yunnan Alphy Biotech
ADM
Piveg
Global Natural Astaxanthin market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Natural Astaxanthin market, Segment by Type:
Astaxanthin Oleoresin
Astaxanthin Powder
Others
Global Natural Astaxanthin market, by Application
Nutraceuticals
Cosmetics
Food & Beverages
Feed
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Natural Astaxanthin manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Natural Astaxanthin in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Astaxanthin is a naturally occurring dark red carotenoid found in nature primarily in aquatic animals such as salmon, trout, krill, shrimp, crayfish, and crustaceans. It has the unique capacity to quench free radicals and reactive species of oxygen and to inhibit lipid peroxidation. Studies have shown natural astaxanthin to be over 500 times stronger than vitamin E and much more potent than other carotenoids such as lutein, lycopene and β-carotene. Natural astaxanthin is biosynthesized by living microalgae (H. Pluvialis). Natural astaxanthin with the molecular formula of C40H52O4 and CAS number 472-61-7 is a member of the carotenoid family and the main carotenoid found in algae and aquatic animals. It is more than just a red pigment; it is primarily an extremely powerful antioxidant. There are two types of natural astaxanthin included astaxanthin oleoresin and astaxanthin powder.
The global Natural Astaxanthin market size is expected to reach US$ 127.2 million by 2029, growing at a CAGR of 8.8% from 2023 to 2029. The market is mainly driven by the significant applications of Natural Astaxanthin in various end use industries. The expanding demands from the Nutraceuticals, Cosmetics, Food & Beverages and Feed, are propelling Natural Astaxanthin market. Astaxanthin Oleoresin, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Astaxanthin Powder segment is estimated at % CAGR for the next seven-year period.
Global Natural Astaxanthin key players include Cyanotech, Fuji, BGG, Parry Nutraceuticals (Valensa International), Algatechnologies, etc. Global top five manufacturers hold a share about 75%. North America is the largest market, with a share about 70%, followed by China and Europe, total with a share about 25 percent. In terms of product, Astaxanthin Oleoresin is the largest segment, with a share about 50%. And in terms of application, the largest application is Nutraceuticals, followed by Cosmetics, Food & Beverages, Feed, etc.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Natural Astaxanthin, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Natural Astaxanthin market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Natural Astaxanthin market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Natural Astaxanthin sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Natural Astaxanthin covered in this report include Cyanotech, Fuji, BGG, Parry Nutraceuticals, Algatechnologies, Biogenic, Jingzhou Natural Astaxanthin, Yunnan Alphy Biotech and ADM, etc.
The global Natural Astaxanthin market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Cyanotech
Fuji
BGG
Parry Nutraceuticals
Algatechnologies
Biogenic
Jingzhou Natural Astaxanthin
Yunnan Alphy Biotech
ADM
Piveg
Global Natural Astaxanthin market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Natural Astaxanthin market, Segment by Type:
Astaxanthin Oleoresin
Astaxanthin Powder
Others
Global Natural Astaxanthin market, by Application
Nutraceuticals
Cosmetics
Food & Beverages
Feed
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Natural Astaxanthin manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Natural Astaxanthin in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Natural Astaxanthin Market Overview
1.1 Natural Astaxanthin Product Overview
1.2 Natural Astaxanthin Market Segment by Type
1.2.1 Astaxanthin Oleoresin
1.2.2 Astaxanthin Powder
1.2.3 Others
1.3 Global Natural Astaxanthin Market Size by Type
1.3.1 Global Natural Astaxanthin Market Size Overview by Type (2018-2029)
1.3.2 Global Natural Astaxanthin Historic Market Size Review by Type (2018-2023)
1.3.3 Global Natural Astaxanthin Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Natural Astaxanthin Sales Breakdown by Type (2018-2023)
1.4.2 Europe Natural Astaxanthin Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Natural Astaxanthin Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Natural Astaxanthin Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Natural Astaxanthin Sales Breakdown by Type (2018-2023)
2 Global Natural Astaxanthin Market Competition by Company
2.1 Global Top Players by Natural Astaxanthin Sales (2018-2023)
2.2 Global Top Players by Natural Astaxanthin Revenue (2018-2023)
2.3 Global Top Players by Natural Astaxanthin Price (2018-2023)
2.4 Global Top Manufacturers Natural Astaxanthin Manufacturing Base Distribution, Sales Area, Product Type
2.5 Natural Astaxanthin Market Competitive Situation and Trends
2.5.1 Natural Astaxanthin Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Natural Astaxanthin Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Natural Astaxanthin as of 2022)
2.7 Date of Key Manufacturers Enter into Natural Astaxanthin Market
2.8 Key Manufacturers Natural Astaxanthin Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Natural Astaxanthin Status and Outlook by Region
3.1 Global Natural Astaxanthin Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Natural Astaxanthin Historic Market Size by Region
3.2.1 Global Natural Astaxanthin Sales in Volume by Region (2018-2023)
3.2.2 Global Natural Astaxanthin Sales in Value by Region (2018-2023)
3.2.3 Global Natural Astaxanthin Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Natural Astaxanthin Forecasted Market Size by Region
3.3.1 Global Natural Astaxanthin Sales in Volume by Region (2024-2029)
3.3.2 Global Natural Astaxanthin Sales in Value by Region (2024-2029)
3.3.3 Global Natural Astaxanthin Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Natural Astaxanthin by Application
4.1 Natural Astaxanthin Market Segment by Application
4.1.1 Nutraceuticals
4.1.2 Cosmetics
4.1.3 Food & Beverages
4.1.4 Feed
4.1.5 Others
4.2 Global Natural Astaxanthin Market Size by Application
4.2.1 Global Natural Astaxanthin Market Size Overview by Application (2018-2029)
4.2.2 Global Natural Astaxanthin Historic Market Size Review by Application (2018-2023)
4.2.3 Global Natural Astaxanthin Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Natural Astaxanthin Sales Breakdown by Application (2018-2023)
4.3.2 Europe Natural Astaxanthin Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Natural Astaxanthin Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Natural Astaxanthin Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Natural Astaxanthin Sales Breakdown by Application (2018-2023)
5 North America Natural Astaxanthin by Country
5.1 North America Natural Astaxanthin Historic Market Size by Country
5.1.1 North America Natural Astaxanthin Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Natural Astaxanthin Sales in Volume by Country (2018-2023)
5.1.3 North America Natural Astaxanthin Sales in Value by Country (2018-2023)
5.2 North America Natural Astaxanthin Forecasted Market Size by Country
5.2.1 North America Natural Astaxanthin Sales in Volume by Country (2024-2029)
5.2.2 North America Natural Astaxanthin Sales in Value by Country (2024-2029)
6 Europe Natural Astaxanthin by Country
6.1 Europe Natural Astaxanthin Historic Market Size by Country
6.1.1 Europe Natural Astaxanthin Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Natural Astaxanthin Sales in Volume by Country (2018-2023)
6.1.3 Europe Natural Astaxanthin Sales in Value by Country (2018-2023)
6.2 Europe Natural Astaxanthin Forecasted Market Size by Country
6.2.1 Europe Natural Astaxanthin Sales in Volume by Country (2024-2029)
6.2.2 Europe Natural Astaxanthin Sales in Value by Country (2024-2029)
7 Asia-Pacific Natural Astaxanthin by Region
7.1 Asia-Pacific Natural Astaxanthin Historic Market Size by Region
7.1.1 Asia-Pacific Natural Astaxanthin Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Natural Astaxanthin Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Natural Astaxanthin Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Natural Astaxanthin Forecasted Market Size by Region
7.2.1 Asia-Pacific Natural Astaxanthin Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Natural Astaxanthin Sales in Value by Region (2024-2029)
8 Latin America Natural Astaxanthin by Country
8.1 Latin America Natural Astaxanthin Historic Market Size by Country
8.1.1 Latin America Natural Astaxanthin Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Natural Astaxanthin Sales in Volume by Country (2018-2023)
8.1.3 Latin America Natural Astaxanthin Sales in Value by Country (2018-2023)
8.2 Latin America Natural Astaxanthin Forecasted Market Size by Country
8.2.1 Latin America Natural Astaxanthin Sales in Volume by Country (2024-2029)
8.2.2 Latin America Natural Astaxanthin Sales in Value by Country (2024-2029)
9 Middle East and Africa Natural Astaxanthin by Country
9.1 Middle East and Africa Natural Astaxanthin Historic Market Size by Country
9.1.1 Middle East and Africa Natural Astaxanthin Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Natural Astaxanthin Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Natural Astaxanthin Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Natural Astaxanthin Forecasted Market Size by Country
9.2.1 Middle East and Africa Natural Astaxanthin Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Natural Astaxanthin Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Cyanotech
10.1.1 Cyanotech Company Information
10.1.2 Cyanotech Introduction and Business Overview
10.1.3 Cyanotech Natural Astaxanthin Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Cyanotech Natural Astaxanthin Products Offered
10.1.5 Cyanotech Recent Development
10.2 Fuji
10.2.1 Fuji Company Information
10.2.2 Fuji Introduction and Business Overview
10.2.3 Fuji Natural Astaxanthin Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Fuji Natural Astaxanthin Products Offered
10.2.5 Fuji Recent Development
10.3 BGG
10.3.1 BGG Company Information
10.3.2 BGG Introduction and Business Overview
10.3.3 BGG Natural Astaxanthin Sales, Revenue and Gross Margin (2018-2023)
10.3.4 BGG Natural Astaxanthin Products Offered
10.3.5 BGG Recent Development
10.4 Parry Nutraceuticals
10.4.1 Parry Nutraceuticals Company Information
10.4.2 Parry Nutraceuticals Introduction and Business Overview
10.4.3 Parry Nutraceuticals Natural Astaxanthin Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Parry Nutraceuticals Natural Astaxanthin Products Offered
10.4.5 Parry Nutraceuticals Recent Development
10.5 Algatechnologies
10.5.1 Algatechnologies Company Information
10.5.2 Algatechnologies Introduction and Business Overview
10.5.3 Algatechnologies Natural Astaxanthin Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Algatechnologies Natural Astaxanthin Products Offered
10.5.5 Algatechnologies Recent Development
10.6 Biogenic
10.6.1 Biogenic Company Information
10.6.2 Biogenic Introduction and Business Overview
10.6.3 Biogenic Natural Astaxanthin Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Biogenic Natural Astaxanthin Products Offered
10.6.5 Biogenic Recent Development
10.7 Jingzhou Natural Astaxanthin
10.7.1 Jingzhou Natural Astaxanthin Company Information
10.7.2 Jingzhou Natural Astaxanthin Introduction and Business Overview
10.7.3 Jingzhou Natural Astaxanthin Natural Astaxanthin Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Jingzhou Natural Astaxanthin Natural Astaxanthin Products Offered
10.7.5 Jingzhou Natural Astaxanthin Recent Development
10.8 Yunnan Alphy Biotech
10.8.1 Yunnan Alphy Biotech Company Information
10.8.2 Yunnan Alphy Biotech Introduction and Business Overview
10.8.3 Yunnan Alphy Biotech Natural Astaxanthin Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Yunnan Alphy Biotech Natural Astaxanthin Products Offered
10.8.5 Yunnan Alphy Biotech Recent Development
10.9 ADM
10.9.1 ADM Company Information
10.9.2 ADM Introduction and Business Overview
10.9.3 ADM Natural Astaxanthin Sales, Revenue and Gross Margin (2018-2023)
10.9.4 ADM Natural Astaxanthin Products Offered
10.9.5 ADM Recent Development
10.10 Piveg
10.10.1 Piveg Company Information
10.10.2 Piveg Introduction and Business Overview
10.10.3 Piveg Natural Astaxanthin Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Piveg Natural Astaxanthin Products Offered
10.10.5 Piveg Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Natural Astaxanthin Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Natural Astaxanthin Industrial Chain Analysis
11.4 Natural Astaxanthin Market Dynamics
11.4.1 Natural Astaxanthin Industry Trends
11.4.2 Natural Astaxanthin Market Drivers
11.4.3 Natural Astaxanthin Market Challenges
11.4.4 Natural Astaxanthin Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Natural Astaxanthin Distributors
12.3 Natural Astaxanthin Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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