Astaxanthin Market worth $965 million by 2026
The global astaxanthin market size is estimated to be valued at USD 647 million in 2021. It is projected to reach USD 965 million by 2026, recording a CAGR of 8.3% during the forecast period.
The increase in awareness toward preventive healthcare & nutraceuticals and the rising demand for cosmetic products have gained the attention of the key players in the astaxanthin market to develop...
Astaxanthin Market is Growing Due to Rising Awareness Toward Preventive Healthcare & Nutraceuticals
Astaxanthin market is directly influenced by
the increase in geriatric population which in turn impacts the preventive
healthcare market changing consumer preferences toward healthy & wholesome
diets, and increasing prevalence of nutritional deficiency, which drives the
dietary supplements market.
The
astaxanthin market is projected to grow at a CAGR of 8.02% from 2017, to reach
a projected...