The global Astaxanthin market size is predicted to grow from US$ 216 million in 2025 to US$ 369 million in 2031; it is expected to grow at a CAGR of 9.4% from 2025 to 2031.
The impact of the latest U.S. tariff measures and the corresponding policy responses from countries worldwide on market competitiveness, regional economic performance, and supply chain configurations will be comprehensively evaluated in this report.
Astaxanthin (CAS 472-61-7) is a naturally occurring dark red carotenoid found in nature primarily in aquatic animals such as salmon, trout, krill, shrimp, crayfish, and crustaceans. Astaxanthin is more than just a red pigment, it is one of the most powerful lipophilic antioxidants yet discovered. 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. Moreover, Astaxanthin a xanthophyll carotenoid, is a nutrient with a unique molecule structure, it does not convert to vitamin a (retinol) and has no “pro-oxidant” activity.
Natural astaxanthin is mainly biosynthesized by living microalgae (H. Pluvialis). Natural astaxanthin in supplements is typically produced by a specific type of microalgae (Haematococcus pluvialis), and also occurs in fish and crustaceans that consume this algae, including shrimp, salmon and krill.Natural astaxanthin is a dietary supplement with extremely powerful antioxidant benefits for human applications.
Besides haematococcus, Astaxanthin can also be produced by bacteria, yeast, etc.
According to the purity in the commercial market, the product can be divided to be various types based on the two types: Astaxanthin Oleoresin and Astaxanthin Powder.
The major commercially available sources of synthetic astaxanthin come from petrochemicals. The chemical difference between natural and synthetic astaxanthin lies in the stereochemical orientation of the molecules in space (those different molecules are called “enantiomers”). astaxanthin exists in three main enantiomeric forms, termed 3S-3’S, 3R-3’S, and 3R-3’R.
Natural astaxanthin is mainly derived from Haematococcus pluvialis. Haematococcus pluvialis is a freshwater green microalgae and the best source of natural astaxanthin, one of the most powerful antioxidants known to man. Haematococcus pluvialis microalgae produces astaxanthin to protect itself from stressful environmental conditions. Manufacturers should focus on the detection of heavy metals, plasticizers, microorganisms and other indicators of Haematococcus pluvialis (containing natural astaxanthin) products. Extreme climates pose great challenges to algae farming, and climate risks should be avoided in production.
Manufacturers should pay more attention to the detection of heavy metals, plasticizers, microorganisms and other indicators of Haematococcus pluvialis (containing natural astaxanthin) products. Because extreme climate will bring great challenges to algae farming, at the same time, climate risks should be avoided in production.
The shift toward natural and plant-based ingredients in nutraceuticals and cosmetics has boosted demand, as consumers move away from synthetic additives. The aging population in developed markets is driving interest in astaxanthin for joint, eye, and brain health. The sports nutrition industry is adopting astaxanthin for its proven benefits in enhancing endurance and reducing muscle fatigue, making it popular among athletes and fitness enthusiasts.
Geographically, North America and Europe dominate the market, supported by strong consumer health awareness and premium supplement demand. Meanwhile, the Asia-Pacific region is the fastest-growing market, with increasing disposable income and a growing middle class investing in preventive healthcare. Challenges such as high production costs (especially for natural astaxanthin from algae) and limited consumer awareness in emerging markets could restrain growth. However, innovations in fermentation-based production and expanding applications in pet nutrition and aquaculture present significant future opportunities.
The “Astaxanthin Industry Forecast” looks at past sales and reviews total world Astaxanthin sales in 2024, providing a comprehensive analysis by region and market sector of projected Astaxanthin sales for 2025 through 2031. With Astaxanthin sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Astaxanthin industry.
This Insight Report provides a comprehensive analysis of the global Astaxanthin landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Astaxanthin portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Astaxanthin market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Astaxanthin and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Astaxanthin.
This report presents a comprehensive overview, market shares, and growth opportunities of Astaxanthin market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Natural Astaxanthin
Synthetic Astaxanthin
Segmentation by Application:
Supplements
Medical
Cosmetics
Food & Beverage
Feed
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Royal DSM
Cyanotech
Fuji Chemical Industries
BASF
AlgalĂf Iceland
BGG
Atacama Bio Natural Products
Yunnan Alphy Biotech
Piveg
Zhejiang NHU Company
ENEOS Techno Materials
Jingzhou Natural Astaxanthin
AlgaTechnologies
Algamo
Parry Nutraceuticals
Biogenic
K･I Chemical Industry
Key Questions Addressed in this Report
What is the 10-year outlook for the global Astaxanthin market?
What factors are driving Astaxanthin market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Astaxanthin market opportunities vary by end market size?
How does Astaxanthin break out by Type, by Application?
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1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Astaxanthin Annual Sales 2020-2031
2.1.2 World Current & Future Analysis for Astaxanthin by Geographic Region, 2020, 2024 & 2031
2.1.3 World Current & Future Analysis for Astaxanthin by Country/Region, 2020, 2024 & 2031
2.2 Astaxanthin Segment by Type
2.2.1 Natural Astaxanthin
2.2.2 Synthetic Astaxanthin
2.3 Astaxanthin Sales by Type
2.3.1 Global Astaxanthin Sales Market Share by Type (2020-2025)
2.3.2 Global Astaxanthin Revenue and Market Share by Type (2020-2025)
2.3.3 Global Astaxanthin Sale Price by Type (2020-2025)
2.4 Astaxanthin Segment by Application
2.4.1 Supplements
2.4.2 Medical
2.4.3 Cosmetics
2.4.4 Food & Beverage
2.4.5 Feed
2.5 Astaxanthin Sales by Application
2.5.1 Global Astaxanthin Sale Market Share by Application (2020-2025)
2.5.2 Global Astaxanthin Revenue and Market Share by Application (2020-2025)
2.5.3 Global Astaxanthin Sale Price by Application (2020-2025)
3 Global by Company
3.1 Global Astaxanthin Breakdown Data by Company
3.1.1 Global Astaxanthin Annual Sales by Company (2020-2025)
3.1.2 Global Astaxanthin Sales Market Share by Company (2020-2025)
3.2 Global Astaxanthin Annual Revenue by Company (2020-2025)
3.2.1 Global Astaxanthin Revenue by Company (2020-2025)
3.2.2 Global Astaxanthin Revenue Market Share by Company (2020-2025)
3.3 Global Astaxanthin Sale Price by Company
3.4 Key Manufacturers Astaxanthin Producing Area Distribution, Sales Area, Product Type
3.4.1 Key Manufacturers Astaxanthin Product Location Distribution
3.4.2 Players Astaxanthin Products Offered
3.5 Market Concentration Rate Analysis
3.5.1 Competition Landscape Analysis
3.5.2 Concentration Ratio (CR3, CR5 and CR10) & (2023-2025)
3.6 New Products and Potential Entrants
3.7 Market M&A Activity & Strategy
4 World Historic Review for Astaxanthin by Geographic Region
4.1 World Historic Astaxanthin Market Size by Geographic Region (2020-2025)
4.1.1 Global Astaxanthin Annual Sales by Geographic Region (2020-2025)
4.1.2 Global Astaxanthin Annual Revenue by Geographic Region (2020-2025)
4.2 World Historic Astaxanthin Market Size by Country/Region (2020-2025)
4.2.1 Global Astaxanthin Annual Sales by Country/Region (2020-2025)
4.2.2 Global Astaxanthin Annual Revenue by Country/Region (2020-2025)
4.3 Americas Astaxanthin Sales Growth
4.4 APAC Astaxanthin Sales Growth
4.5 Europe Astaxanthin Sales Growth
4.6 Middle East & Africa Astaxanthin Sales Growth
5 Americas
5.1 Americas Astaxanthin Sales by Country
5.1.1 Americas Astaxanthin Sales by Country (2020-2025)
5.1.2 Americas Astaxanthin Revenue by Country (2020-2025)
5.2 Americas Astaxanthin Sales by Type (2020-2025)
5.3 Americas Astaxanthin Sales by Application (2020-2025)
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Astaxanthin Sales by Region
6.1.1 APAC Astaxanthin Sales by Region (2020-2025)
6.1.2 APAC Astaxanthin Revenue by Region (2020-2025)
6.2 APAC Astaxanthin Sales by Type (2020-2025)
6.3 APAC Astaxanthin Sales by Application (2020-2025)
6.4 China
6.5 Japan
6.6 South Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
6.10 China Taiwan
7 Europe
7.1 Europe Astaxanthin by Country
7.1.1 Europe Astaxanthin Sales by Country (2020-2025)
7.1.2 Europe Astaxanthin Revenue by Country (2020-2025)
7.2 Europe Astaxanthin Sales by Type (2020-2025)
7.3 Europe Astaxanthin Sales by Application (2020-2025)
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Astaxanthin by Country
8.1.1 Middle East & Africa Astaxanthin Sales by Country (2020-2025)
8.1.2 Middle East & Africa Astaxanthin Revenue by Country (2020-2025)
8.2 Middle East & Africa Astaxanthin Sales by Type (2020-2025)
8.3 Middle East & Africa Astaxanthin Sales by Application (2020-2025)
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Manufacturing Cost Structure Analysis
10.1 Raw Material and Suppliers
10.2 Manufacturing Cost Structure Analysis of Astaxanthin
10.3 Manufacturing Process Analysis of Astaxanthin
10.4 Industry Chain Structure of Astaxanthin
11 Marketing, Distributors and Customer
11.1 Sales Channel
11.1.1 Direct Channels
11.1.2 Indirect Channels
11.2 Astaxanthin Distributors
11.3 Astaxanthin Customer
12 World Forecast Review for Astaxanthin by Geographic Region
12.1 Global Astaxanthin Market Size Forecast by Region
12.1.1 Global Astaxanthin Forecast by Region (2026-2031)
12.1.2 Global Astaxanthin Annual Revenue Forecast by Region (2026-2031)
12.2 Americas Forecast by Country (2026-2031)
12.3 APAC Forecast by Region (2026-2031)
12.4 Europe Forecast by Country (2026-2031)
12.5 Middle East & Africa Forecast by Country (2026-2031)
12.6 Global Astaxanthin Forecast by Type (2026-2031)
12.7 Global Astaxanthin Forecast by Application (2026-2031)
13 Key Players Analysis
13.1 Royal DSM
13.1.1 Royal DSM Company Information
13.1.2 Royal DSM Astaxanthin Product Portfolios and Specifications
13.1.3 Royal DSM Astaxanthin Sales, Revenue, Price and Gross Margin (2020-2025)
13.1.4 Royal DSM Main Business Overview
13.1.5 Royal DSM Latest Developments
13.2 Cyanotech
13.2.1 Cyanotech Company Information
13.2.2 Cyanotech Astaxanthin Product Portfolios and Specifications
13.2.3 Cyanotech Astaxanthin Sales, Revenue, Price and Gross Margin (2020-2025)
13.2.4 Cyanotech Main Business Overview
13.2.5 Cyanotech Latest Developments
13.3 Fuji Chemical Industries
13.3.1 Fuji Chemical Industries Company Information
13.3.2 Fuji Chemical Industries Astaxanthin Product Portfolios and Specifications
13.3.3 Fuji Chemical Industries Astaxanthin Sales, Revenue, Price and Gross Margin (2020-2025)
13.3.4 Fuji Chemical Industries Main Business Overview
13.3.5 Fuji Chemical Industries Latest Developments
13.4 BASF
13.4.1 BASF Company Information
13.4.2 BASF Astaxanthin Product Portfolios and Specifications
13.4.3 BASF Astaxanthin Sales, Revenue, Price and Gross Margin (2020-2025)
13.4.4 BASF Main Business Overview
13.4.5 BASF Latest Developments
13.5 AlgalĂf Iceland
13.5.1 AlgalĂf Iceland Company Information
13.5.2 AlgalĂf Iceland Astaxanthin Product Portfolios and Specifications
13.5.3 AlgalĂf Iceland Astaxanthin Sales, Revenue, Price and Gross Margin (2020-2025)
13.5.4 AlgalĂf Iceland Main Business Overview
13.5.5 AlgalĂf Iceland Latest Developments
13.6 BGG
13.6.1 BGG Company Information
13.6.2 BGG Astaxanthin Product Portfolios and Specifications
13.6.3 BGG Astaxanthin Sales, Revenue, Price and Gross Margin (2020-2025)
13.6.4 BGG Main Business Overview
13.6.5 BGG Latest Developments
13.7 Atacama Bio Natural Products
13.7.1 Atacama Bio Natural Products Company Information
13.7.2 Atacama Bio Natural Products Astaxanthin Product Portfolios and Specifications
13.7.3 Atacama Bio Natural Products Astaxanthin Sales, Revenue, Price and Gross Margin (2020-2025)
13.7.4 Atacama Bio Natural Products Main Business Overview
13.7.5 Atacama Bio Natural Products Latest Developments
13.8 Yunnan Alphy Biotech
13.8.1 Yunnan Alphy Biotech Company Information
13.8.2 Yunnan Alphy Biotech Astaxanthin Product Portfolios and Specifications
13.8.3 Yunnan Alphy Biotech Astaxanthin Sales, Revenue, Price and Gross Margin (2020-2025)
13.8.4 Yunnan Alphy Biotech Main Business Overview
13.8.5 Yunnan Alphy Biotech Latest Developments
13.9 Piveg
13.9.1 Piveg Company Information
13.9.2 Piveg Astaxanthin Product Portfolios and Specifications
13.9.3 Piveg Astaxanthin Sales, Revenue, Price and Gross Margin (2020-2025)
13.9.4 Piveg Main Business Overview
13.9.5 Piveg Latest Developments
13.10 Zhejiang NHU Company
13.10.1 Zhejiang NHU Company Company Information
13.10.2 Zhejiang NHU Company Astaxanthin Product Portfolios and Specifications
13.10.3 Zhejiang NHU Company Astaxanthin Sales, Revenue, Price and Gross Margin (2020-2025)
13.10.4 Zhejiang NHU Company Main Business Overview
13.10.5 Zhejiang NHU Company Latest Developments
13.11 ENEOS Techno Materials
13.11.1 ENEOS Techno Materials Company Information
13.11.2 ENEOS Techno Materials Astaxanthin Product Portfolios and Specifications
13.11.3 ENEOS Techno Materials Astaxanthin Sales, Revenue, Price and Gross Margin (2020-2025)
13.11.4 ENEOS Techno Materials Main Business Overview
13.11.5 ENEOS Techno Materials Latest Developments
13.12 Jingzhou Natural Astaxanthin
13.12.1 Jingzhou Natural Astaxanthin Company Information
13.12.2 Jingzhou Natural Astaxanthin Astaxanthin Product Portfolios and Specifications
13.12.3 Jingzhou Natural Astaxanthin Astaxanthin Sales, Revenue, Price and Gross Margin (2020-2025)
13.12.4 Jingzhou Natural Astaxanthin Main Business Overview
13.12.5 Jingzhou Natural Astaxanthin Latest Developments
13.13 AlgaTechnologies
13.13.1 AlgaTechnologies Company Information
13.13.2 AlgaTechnologies Astaxanthin Product Portfolios and Specifications
13.13.3 AlgaTechnologies Astaxanthin Sales, Revenue, Price and Gross Margin (2020-2025)
13.13.4 AlgaTechnologies Main Business Overview
13.13.5 AlgaTechnologies Latest Developments
13.14 Algamo
13.14.1 Algamo Company Information
13.14.2 Algamo Astaxanthin Product Portfolios and Specifications
13.14.3 Algamo Astaxanthin Sales, Revenue, Price and Gross Margin (2020-2025)
13.14.4 Algamo Main Business Overview
13.14.5 Algamo Latest Developments
13.15 Parry Nutraceuticals
13.15.1 Parry Nutraceuticals Company Information
13.15.2 Parry Nutraceuticals Astaxanthin Product Portfolios and Specifications
13.15.3 Parry Nutraceuticals Astaxanthin Sales, Revenue, Price and Gross Margin (2020-2025)
13.15.4 Parry Nutraceuticals Main Business Overview
13.15.5 Parry Nutraceuticals Latest Developments
13.16 Biogenic
13.16.1 Biogenic Company Information
13.16.2 Biogenic Astaxanthin Product Portfolios and Specifications
13.16.3 Biogenic Astaxanthin Sales, Revenue, Price and Gross Margin (2020-2025)
13.16.4 Biogenic Main Business Overview
13.16.5 Biogenic Latest Developments
13.17 K･I Chemical Industry
13.17.1 K･I Chemical Industry Company Information
13.17.2 K･I Chemical Industry Astaxanthin Product Portfolios and Specifications
13.17.3 K･I Chemical Industry Astaxanthin Sales, Revenue, Price and Gross Margin (2020-2025)
13.17.4 K･I Chemical Industry Main Business Overview
13.17.5 K･I Chemical Industry Latest Developments
14 Research Findings and Conclusion
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