Growth opportunities and latent adjacency in Astaxanthin Market
The astaxanthin market has been segmented on the basis of source, application, form, and method of production, which are further divided into their subsegments. It has also been segmented on the basis of region into North America, Europe, Asia-Pacific, and the Rest of the World (RoW). The market for astaxanthin is projected to grow at a CAGR of 8.02% from 2017, to reach USD 814.1 million by 2022....
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...
Astaxanthin market analysis with key companies & market revenue.
According to the FDA, “Astaxanthin is the major carotenoid responsible for the pink-red pigmentation of fish and shrimps. Being a pigment, astaxanthin has been shown to have other biological and nutritional functions, linked to its ability to act as a powerful antioxidant.”
Astaxanthin, also called the “king of carotenoids,” occurs naturally in certain algae and imparts pink-red color in trout,...