Astaxanthin Market By Source (Plants, Yeast & Microbes, Marine And Petroleum)
The Global Astaxanthin Market was worth USD 588 million in 2016 and estimated to be growing at a CAGR of 7.67%, to reach USD 850 million by 2021
(EMAILWIRE.COM, March 20, 2018 ) Astaxanthin is a carotenoid agent that is extracted from certain marine plants and creatures. Astaxanthin is perceived as being a standout amongst the rest of the carotenoids owing to the fact that it never turns into an oxidant in the body, thereby never causing any hurtful oxidation side effects.
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The global Astaxanthin market value is evaluated to be USD 588 Million in 2016 and is estimated to reach USD 850 Million by 2021 at a CAGR of 7.67%.
Read the full report: https://www.marketdataforecast.com/market-reports/astaxanthin-market-4020/
Owing to its cell reinforcement properties and expanding applications in the aquaculture business, Astaxanthin market is expected to witness rapid expansion. Besides, ascent in health consciousness among people and growing preference for natural carotenoid agents over synthetic carotenoid agents are also expected to boost the market growth.
The market expansion is also supported by growing elderly population, increasing applications of Astaxanthin in Cosmetics, and advancements in production techniques of Astaxanthin.
Customize report: https://www.marketdataforecast.com/market-reports/astaxanthin-market-4020/customize-report
Geographically, the market is categorised into North America, Latin America, Asia-pacific, Europe and Middle East & Africa. North America is expected to dominate the market globally followed by Europe. Asia-pacific is expected to witness the highest growth rate and is anticipated to be a major market in the upcoming years.
Some of the key players of Astaxanthin market include Koninklijke DSM N.V, BASF SE, Cyanotech Corporation, Otsuka Pharmaceutical Co., Ltd., Valensa International, Fuji Chemical Industries Co., Ltd., Divis Laboratories, Beijing Ginko Group, Igene Biotechnology, Inc., Piveg, Inc., Fenchem Biotek Ltd., Algatechnologies, Cardax, Inc., and Supreme Biotechnologies (U.S.).
About Market Data Forecast
Market Data Forecast is a well versed market research firm catering solutions in the fields of market research, business intelligence and consulting. With a profound knowledge about the global market activities coupled with a customized approach. We render services in the most gripping markets like healthcare, agriculture and food & Beverages
View Sample Report: https://www.marketdataforecast.com/market-reports/astaxanthin-market-4020/request-sample
The global Astaxanthin market value is evaluated to be USD 588 Million in 2016 and is estimated to reach USD 850 Million by 2021 at a CAGR of 7.67%.
Read the full report: https://www.marketdataforecast.com/market-reports/astaxanthin-market-4020/
Owing to its cell reinforcement properties and expanding applications in the aquaculture business, Astaxanthin market is expected to witness rapid expansion. Besides, ascent in health consciousness among people and growing preference for natural carotenoid agents over synthetic carotenoid agents are also expected to boost the market growth.
The market expansion is also supported by growing elderly population, increasing applications of Astaxanthin in Cosmetics, and advancements in production techniques of Astaxanthin.
Customize report: https://www.marketdataforecast.com/market-reports/astaxanthin-market-4020/customize-report
Geographically, the market is categorised into North America, Latin America, Asia-pacific, Europe and Middle East & Africa. North America is expected to dominate the market globally followed by Europe. Asia-pacific is expected to witness the highest growth rate and is anticipated to be a major market in the upcoming years.
Some of the key players of Astaxanthin market include Koninklijke DSM N.V, BASF SE, Cyanotech Corporation, Otsuka Pharmaceutical Co., Ltd., Valensa International, Fuji Chemical Industries Co., Ltd., Divis Laboratories, Beijing Ginko Group, Igene Biotechnology, Inc., Piveg, Inc., Fenchem Biotek Ltd., Algatechnologies, Cardax, Inc., and Supreme Biotechnologies (U.S.).
About Market Data Forecast
Market Data Forecast is a well versed market research firm catering solutions in the fields of market research, business intelligence and consulting. With a profound knowledge about the global market activities coupled with a customized approach. We render services in the most gripping markets like healthcare, agriculture and food & Beverages
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Market Data Forecast
Abhishek Shukla
Tel: +1-888-702-9626
Email us
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Market Data Forecast
Abhishek Shukla
Tel: +1-888-702-9626
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results