Meticulous Research(R)가 발간한 '아스타잔틴 시장 : 공급원, 형태, 제조 방법, 용도별 - 2030년까지 세계 예측'라는 조사 보고서에 따르면 아스타잔틴 시장은 2023-2030년 연평균 8.2%의 성장률로 2030년까지 13억 4,000만 달러에 달할 것으로 예상됩니다. 이 보고서는 5개 주요 지역의 아스타잔틴 시장에 대한 상세한 분석, 현재 시장 동향, 규모, 최근 동향, 2030년 예측 등을 담고 있습니다.
이 보고서는 광범위한 2차 및 1차 조사, 시장 시나리오에 대한 심층 분석에 이어 주요 산업 촉진요인, 억제요인, 기회, 도전 과제 및 동향의 영향 분석을 수행합니다.
아스타잔틴 시장의 성장은 주로 천연 색소의 장점에 대한 인식 증가, 천연 화장품 제품에 대한 수요 증가, 건강 보조 식품에 대한 수요 증가, 클린 라벨 제품에 대한 인식 증가에 의해 주도되고 있습니다. 그러나 엄격한 규제 및 승인 규범과 천연 아스 타잔 틴의 높은 비용은이 시장의 성장을 현저하게 방해하고 있습니다.
또한, 아시아태평양, 라틴아메리카, 중동 및 아프리카의 신흥 경제와 양식업을 지원하기 위한 정부 이니셔티브는 이 시장의 성장에 큰 기회를 제공할 것으로 예상됩니다.
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.
Astaxanthin Market Assessment-by Source
Astaxanthin Market Assessment-by Form
Astaxanthin Market Assessment-by Method of Production
Astaxanthin Market Assessment-by Application
Astaxanthin Market Assessment-by Geography