Astaxanthin Market - Global Industry Insights, Trends, Outlook, and Opportunity Analysis, 2018-2026
Global Astaxanthin is a member of the xanthophyll family of carotenoids, which is found in some marine plants and animals. It is also known as ‘The king of the carotenoids’ and is acknowledged as one of the most powerful antioxidants present in nature. The highest concentration of astaxanthin is found in Pacific sockeye salmon. It is also present in crab, algae, shrimp, krill, red trout, and lobster. Commercial production of is from astaxanthin Haematococcus pluviailis (HP). A hybrid system for photoautotrophic cultivation of Haematococcus pluviailis comprises of a photobioreactor (PBR) fence.
Astaxanthin has various health benefits such as supports cardiovascular health, supports immune functioning, helps in protection of cells and nervous system from oxidative damage and supports brain health. Astaxanthin has excellent UV-light protection effect and antioxidant activity which makes it an excellent enhancement for eye health care. Astaxanthin is beneficial in lowering oxidative stress and improving blood flow in smokers and weighty people. Astaxanthin is used for curing Alzheimer's disease, Parkinson's disease, protection against cancer, in boosting recovery after stroke, and in reducing skin damage from ultraviolet (UV) light.
Gloval Astaxanthin Market Taxonomy
On the basis of source, the global astaxanthin market is classified into:
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Artificial
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Natural
On the basis of end use industry, the global astaxanthin market is classified into:
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Food & Beverages
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Pharmaceuticals
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Personal Care Products
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Major Keyplayers: BASF SE, Cyanotech Corporation, IGENE, BGG (Beijing Ginko Group), Supreme Biotechnologies NZ Ltd, Parry Nutraceuticals, DSM NV, Algatechnologies Ltd., Yunnan Alphy Biotech Co., LTD., and Fenchem Biotek Ltd.
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