Asia Pacific Astaxanthin Market Size, Share & Industry Trends Analysis Report By Product (Dried Algae Meal Or Biomass, Softgel, Oil, Liquid), By Source (Natural and Synthetic), By Natural Type, By Application, By Country and Growth Forecast, 2022 - 2028

The Asia Pacific Astaxanthin Market would witness market growth of 15.9% CAGR during the forecast period (2022-2028).

Astaxanthin has the ability to enhance the DNA repair capacity of cells affected by UV radiation. Basically, astaxanthin has the ability to reduce the damaging effect of DNA and can influence the Kinetics of DNA repairing. The most costly and major industrial pigment which is commonly used in aquaculture is Xanthophyll astaxanthin.

The pink and red color of salmonid meat and shrimp is result of astaxanthin. Because of its anti-oxidant ability among carotenoids, sometimes, it is also used to provide protection to food & beverages. Yet its use in food technology is less because of the unidentified effects of long-term consumption of synthetic astaxanthin on the health of humans and due to the fewer sources and costly natural astaxanthin.

India has always been the biggest market for nutra-cosmetic in South Asia. In India, there are not many professional makeup brands that can provide a huge range of salon and makeup artists. In pursuit of the development of competition within the Indian beauty industry, the fast-economic growth in India has brought a large number of international companies, which makes India a prominent region and a main source of Nutra-cosmetic products sales. The demand for Nutra-cosmetic is majorly pushed by the aging population, which has raised the demand for products with the anti-aging ability to enhance the texture of the skin and slow down the process.

The China market dominated the Asia Pacific Astaxanthin Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $345 million by 2028.The Japan market is estimated to grow a CAGR of 15.2% during (2022 - 2028). Additionally, The India market would display a CAGR of 16.6% during (2022 - 2028).

Based on Product, the market is segmented into Dried Algae Meal Or Biomass, Softgel, Oil, Liquid and Others. Based on Source, the market is segmented into Natural and Synthetic. Based on Natural Type, the market is segmented into Yeast, Microalgae, Krill/Shrimp and Others. Based on Application, the market is segmented into Aquaculture & Animal Feed, Nutraceuticals, Cosmetics, Food and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.

Free Valuable Insights: The Worldwide Astaxanthin Market is Projected to reach USD 4.4 Billion by 2028, at a CAGR of 15%

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include E.I.D. Parry Limited (Murugappa Group), Cyanotech Corporation, ENEOS Corporation (Eneos Holdings), Algatech Ltd. (Solabia Group), MicroA AS, Beijing Gingko Group, Algalif Iceland ehf, Piveg, Inc., Fuji Chemical Industries Co., Ltd., and Atacama Bio Natural Products S.A.

Scope of the Study

Market Segments Covered in the Report:

By Product

• Dried Algae Meal Or Biomass
• Softgel
• Oil
• Liquid
• Others

By Source

• Natural
  • Yeast
  • Microalgae
  • Krill/Shrimp
  • Others
• Synthetic

By Application

• Aquaculture & Animal Feed
• Nutraceuticals
• Cosmetics
• Food
• Others

By Country

• China
• Japan
• India
• South Korea
• Singapore
• Malaysia
• Rest of Asia Pacific

Key Market Players

List of Companies Profiled in the Report:

• E.I.D. Parry Limited (Murugappa Group)
• Cyanotech Corporation
• ENEOS Corporation (Eneos Holdings)
• Algatech Ltd. (Solabia Group)
• MicroA AS
• Beijing Gingko Group
• Algalif Iceland ehf
• Piveg, Inc.
• Fuji Chemical Industries Co., Ltd.
• Atacama Bio Natural Products S.A.

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Asia Pacific Astaxanthin Market, by Product
1.4.2 Asia Pacific Astaxanthin Market, by Source
1.4.3 Asia Pacific Astaxanthin Market, by Application
1.4.4 Asia Pacific Astaxanthin Market, by Country
1.5 Methodology for the research

Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition & Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints

Chapter 3. Asia Pacific Astaxanthin Market by Product
3.1 Asia Pacific Dried Algae Meal Or Biomass Market by Country
3.2 Asia Pacific Softgel Market by Country
3.3 Asia Pacific Oil Market by Country
3.4 Asia Pacific Liquid Market by Country
3.5 Asia Pacific Others Market by Country

Chapter 4. Asia Pacific Astaxanthin Market by Source
4.1 Asia Pacific Natural Market by Country
4.2 Asia Pacific Astaxanthin Market by Natural Type
4.2.1 Asia Pacific Yeast Market by Country
4.2.2 Asia Pacific Microalgae Market by Country
4.2.3 Asia Pacific Krill/Shrimp Market by Country
4.2.4 Asia Pacific Others Market by Country
4.3 Asia Pacific Synthetic Market by Country

Chapter 5. Asia Pacific Astaxanthin Market by Application
5.1 Asia Pacific Aquaculture & Animal Feed Market by Country
5.2 Asia Pacific Nutraceuticals Market by Country
5.3 Asia Pacific Cosmetics Market by Country
5.4 Asia Pacific Food Market by Country
5.5 Asia Pacific Others Market by Country

Chapter 6. Asia Pacific Astaxanthin Market by Country
6.1 China Astaxanthin Market
6.1.1 China Astaxanthin Market by Product
6.1.2 China Astaxanthin Market by Source
6.1.2.1 China Astaxanthin Market by Natural Type
6.1.3 China Astaxanthin Market by Application
6.2 Japan Astaxanthin Market
6.2.1 Japan Astaxanthin Market by Product
6.2.2 Japan Astaxanthin Market by Source
6.2.2.1 Japan Astaxanthin Market by Natural Type
6.2.3 Japan Astaxanthin Market by Application
6.3 India Astaxanthin Market
6.3.1 India Astaxanthin Market by Product
6.3.2 India Astaxanthin Market by Source
6.3.2.1 India Astaxanthin Market by Natural Type
6.3.3 India Astaxanthin Market by Application
6.4 South Korea Astaxanthin Market
6.4.1 South Korea Astaxanthin Market by Product
6.4.2 South Korea Astaxanthin Market by Source
6.4.2.1 South Korea Astaxanthin Market by Natural Type
6.4.3 South Korea Astaxanthin Market by Application
6.5 Singapore Astaxanthin Market
6.5.1 Singapore Astaxanthin Market by Product
6.5.2 Singapore Astaxanthin Market by Source
6.5.2.1 Singapore Astaxanthin Market by Natural Type
6.5.3 Singapore Astaxanthin Market by Application
6.6 Malaysia Astaxanthin Market
6.6.1 Malaysia Astaxanthin Market by Product
6.6.2 Malaysia Astaxanthin Market by Source
6.6.2.1 Malaysia Astaxanthin Market by Natural Type
6.6.3 Malaysia Astaxanthin Market by Application
6.7 Rest of Asia Pacific Astaxanthin Market
6.7.1 Rest of Asia Pacific Astaxanthin Market by Product
6.7.2 Rest of Asia Pacific Astaxanthin Market by Source
6.7.2.1 Rest of Asia Pacific Astaxanthin Market by Natural Type
6.7.3 Rest of Asia Pacific Astaxanthin Market by Application

Chapter 7. Company Profiles
7.1 E.I.D. Parry Limited (Murugappa Group)
7.1.1 Company Overview
7.1.2 Financial Analysis
7.1.3 Segmental and Regional Analysis
7.1.4 Research & Development Expenses
7.1.5 Recent Strategies and Developments:
7.1.5.1 Acquisitions, Mergers and Joint Ventures:
7.2 Cyanotech Corporation
7.2.1 Company Overview
7.2.2 Financial Analysis
7.2.3 Regional Analysis
7.2.4 Research & Development Expenses
7.2.5 Recent Strategies and developments:
7.2.5.1 Product Launches and Product Expansions:
7.3 ENEOS Corporation (Eneos Holdings)
7.3.1 Company Overview
7.3.2 Financial Analysis
7.3.3 Segmental and Regional Analysis
7.3.4 Research & Development Expense
7.4 Algatech Ltd. (Solabia Group)
7.4.1 Company Overview
7.4.2 Recent strategies and developments:
7.4.2.1 Product Launches and Product Expansions:
7.5 MicroA AS
7.5.1 Company Overview
7.6 Beijing Gingko Group
7.6.1 Company Overview
7.7 Algalif Iceland ehf
7.7.1 Company Overview
7.8 Fuji Chemical Industries Co., Ltd.
7.8.1 Company Overview
7.9 Piveg, Inc.
7.9.1 Company Overview
7.10. Atacama Bio Natural Products S.A.
7.10.1 Company Overview

TABLE 1 Asia Pacific Astaxanthin Market, 2018 - 2021, USD Million
TABLE 2 Asia Pacific Astaxanthin Market, 2022 - 2028, USD Million
TABLE 3 Asia Pacific Astaxanthin Market by Product, 2018 - 2021, USD Million
TABLE 4 Asia Pacific Astaxanthin Market by Product, 2022 - 2028, USD Million
TABLE 5 Asia Pacific Dried Algae Meal Or Biomass Market by Country, 2018 - 2021, USD Million
TABLE 6 Asia Pacific Dried Algae Meal Or Biomass Market by Country, 2022 - 2028, USD Million
TABLE 7 Asia Pacific Softgel Market by Country, 2018 - 2021, USD Million
TABLE 8 Asia Pacific Softgel Market by Country, 2022 - 2028, USD Million
TABLE 9 Asia Pacific Oil Market by Country, 2018 - 2021, USD Million
TABLE 10 Asia Pacific Oil Market by Country, 2022 - 2028, USD Million
TABLE 11 Asia Pacific Liquid Market by Country, 2018 - 2021, USD Million
TABLE 12 Asia Pacific Liquid Market by Country, 2022 - 2028, USD Million
TABLE 13 Asia Pacific Others Market by Country, 2018 - 2021, USD Million
TABLE 14 Asia Pacific Others Market by Country, 2022 - 2028, USD Million
TABLE 15 Asia Pacific Astaxanthin Market by Source, 2018 - 2021, USD Million
TABLE 16 Asia Pacific Astaxanthin Market by Source, 2022 - 2028, USD Million
TABLE 17 Asia Pacific Natural Market by Country, 2018 - 2021, USD Million
TABLE 18 Asia Pacific Natural Market by Country, 2022 - 2028, USD Million
TABLE 19 Asia Pacific Astaxanthin Market by Natural Type, 2018 - 2021, USD Million
TABLE 20 Asia Pacific Astaxanthin Market by Natural Type, 2022 - 2028, USD Million
TABLE 21 Asia Pacific Yeast Market by Country, 2018 - 2021, USD Million
TABLE 22 Asia Pacific Yeast Market by Country, 2022 - 2028, USD Million
TABLE 23 Asia Pacific Microalgae Market by Country, 2018 - 2021, USD Million
TABLE 24 Asia Pacific Microalgae Market by Country, 2022 - 2028, USD Million
TABLE 25 Asia Pacific Krill/Shrimp Market by Country, 2018 - 2021, USD Million
TABLE 26 Asia Pacific Krill/Shrimp Market by Country, 2022 - 2028, USD Million
TABLE 27 Asia Pacific Others Market by Country, 2018 - 2021, USD Million
TABLE 28 Asia Pacific Others Market by Country, 2022 - 2028, USD Million
TABLE 29 Asia Pacific Synthetic Market by Country, 2018 - 2021, USD Million
TABLE 30 Asia Pacific Synthetic Market by Country, 2022 - 2028, USD Million
TABLE 31 Asia Pacific Astaxanthin Market by Application, 2018 - 2021, USD Million
TABLE 32 Asia Pacific Astaxanthin Market by Application, 2022 - 2028, USD Million
TABLE 33 Asia Pacific Aquaculture & Animal Feed Market by Country, 2018 - 2021, USD Million
TABLE 34 Asia Pacific Aquaculture & Animal Feed Market by Country, 2022 - 2028, USD Million
TABLE 35 Asia Pacific Nutraceuticals Market by Country, 2018 - 2021, USD Million
TABLE 36 Asia Pacific Nutraceuticals Market by Country, 2022 - 2028, USD Million
TABLE 37 Asia Pacific Cosmetics Market by Country, 2018 - 2021, USD Million
TABLE 38 Asia Pacific Cosmetics Market by Country, 2022 - 2028, USD Million
TABLE 39 Asia Pacific Food Market by Country, 2018 - 2021, USD Million
TABLE 40 Asia Pacific Food Market by Country, 2022 - 2028, USD Million
TABLE 41 Asia Pacific Others Market by Country, 2018 - 2021, USD Million
TABLE 42 Asia Pacific Others Market by Country, 2022 - 2028, USD Million
TABLE 43 Asia Pacific Astaxanthin Market by Country, 2018 - 2021, USD Million
TABLE 44 Asia Pacific Astaxanthin Market by Country, 2022 - 2028, USD Million
TABLE 45 China Astaxanthin Market, 2018 - 2021, USD Million
TABLE 46 China Astaxanthin Market, 2022 - 2028, USD Million
TABLE 47 China Astaxanthin Market by Product, 2018 - 2021, USD Million
TABLE 48 China Astaxanthin Market by Product, 2022 - 2028, USD Million
TABLE 49 China Astaxanthin Market by Source, 2018 - 2021, USD Million
TABLE 50 China Astaxanthin Market by Source, 2022 - 2028, USD Million
TABLE 51 China Astaxanthin Market by Natural Type, 2018 - 2021, USD Million
TABLE 52 China Astaxanthin Market by Natural Type, 2022 - 2028, USD Million
TABLE 53 China Astaxanthin Market by Application, 2018 - 2021, USD Million
TABLE 54 China Astaxanthin Market by Application, 2022 - 2028, USD Million
TABLE 55 Japan Astaxanthin Market, 2018 - 2021, USD Million
TABLE 56 Japan Astaxanthin Market, 2022 - 2028, USD Million
TABLE 57 Japan Astaxanthin Market by Product, 2018 - 2021, USD Million
TABLE 58 Japan Astaxanthin Market by Product, 2022 - 2028, USD Million
TABLE 59 Japan Astaxanthin Market by Source, 2018 - 2021, USD Million
TABLE 60 Japan Astaxanthin Market by Source, 2022 - 2028, USD Million
TABLE 61 Japan Astaxanthin Market by Natural Type, 2018 - 2021, USD Million
TABLE 62 Japan Astaxanthin Market by Natural Type, 2022 - 2028, USD Million
TABLE 63 Japan Astaxanthin Market by Application, 2018 - 2021, USD Million
TABLE 64 Japan Astaxanthin Market by Application, 2022 - 2028, USD Million
TABLE 65 India Astaxanthin Market, 2018 - 2021, USD Million
TABLE 66 India Astaxanthin Market, 2022 - 2028, USD Million
TABLE 67 India Astaxanthin Market by Product, 2018 - 2021, USD Million
TABLE 68 India Astaxanthin Market by Product, 2022 - 2028, USD Million
TABLE 69 India Astaxanthin Market by Source, 2018 - 2021, USD Million
TABLE 70 India Astaxanthin Market by Source, 2022 - 2028, USD Million
TABLE 71 India Astaxanthin Market by Natural Type, 2018 - 2021, USD Million
TABLE 72 India Astaxanthin Market by Natural Type, 2022 - 2028, USD Million
TABLE 73 India Astaxanthin Market by Application, 2018 - 2021, USD Million
TABLE 74 India Astaxanthin Market by Application, 2022 - 2028, USD Million
TABLE 75 South Korea Astaxanthin Market, 2018 - 2021, USD Million
TABLE 76 South Korea Astaxanthin Market, 2022 - 2028, USD Million
TABLE 77 South Korea Astaxanthin Market by Product, 2018 - 2021, USD Million
TABLE 78 South Korea Astaxanthin Market by Product, 2022 - 2028, USD Million
TABLE 79 South Korea Astaxanthin Market by Source, 2018 - 2021, USD Million
TABLE 80 South Korea Astaxanthin Market by Source, 2022 - 2028, USD Million
TABLE 81 South Korea Astaxanthin Market by Natural Type, 2018 - 2021, USD Million
TABLE 82 South Korea Astaxanthin Market by Natural Type, 2022 - 2028, USD Million
TABLE 83 South Korea Astaxanthin Market by Application, 2018 - 2021, USD Million
TABLE 84 South Korea Astaxanthin Market by Application, 2022 - 2028, USD Million
TABLE 85 Singapore Astaxanthin Market, 2018 - 2021, USD Million
TABLE 86 Singapore Astaxanthin Market, 2022 - 2028, USD Million
TABLE 87 Singapore Astaxanthin Market by Product, 2018 - 2021, USD Million
TABLE 88 Singapore Astaxanthin Market by Product, 2022 - 2028, USD Million
TABLE 89 Singapore Astaxanthin Market by Source, 2018 - 2021, USD Million
TABLE 90 Singapore Astaxanthin Market by Source, 2022 - 2028, USD Million
TABLE 91 Singapore Astaxanthin Market by Natural Type, 2018 - 2021, USD Million
TABLE 92 Singapore Astaxanthin Market by Natural Type, 2022 - 2028, USD Million
TABLE 93 Singapore Astaxanthin Market by Application, 2018 - 2021, USD Million
TABLE 94 Singapore Astaxanthin Market by Application, 2022 - 2028, USD Million
TABLE 95 Malaysia Astaxanthin Market, 2018 - 2021, USD Million
TABLE 96 Malaysia Astaxanthin Market, 2022 - 2028, USD Million
TABLE 97 Malaysia Astaxanthin Market by Product, 2018 - 2021, USD Million
TABLE 98 Malaysia Astaxanthin Market by Product, 2022 - 2028, USD Million
TABLE 99 Malaysia Astaxanthin Market by Source, 2018 - 2021, USD Million
TABLE 100 Malaysia Astaxanthin Market by Source, 2022 - 2028, USD Million
TABLE 101 Malaysia Astaxanthin Market by Natural Type, 2018 - 2021, USD Million
TABLE 102 Malaysia Astaxanthin Market by Natural Type, 2022 - 2028, USD Million
TABLE 103 Malaysia Astaxanthin Market by Application, 2018 - 2021, USD Million
TABLE 104 Malaysia Astaxanthin Market by Application, 2022 - 2028, USD Million
TABLE 105 Rest of Asia Pacific Astaxanthin Market, 2018 - 2021, USD Million
TABLE 106 Rest of Asia Pacific Astaxanthin Market, 2022 - 2028, USD Million
TABLE 107 Rest of Asia Pacific Astaxanthin Market by Product, 2018 - 2021, USD Million
TABLE 108 Rest of Asia Pacific Astaxanthin Market by Product, 2022 - 2028, USD Million
TABLE 109 Rest of Asia Pacific Astaxanthin Market by Source, 2018 - 2021, USD Million
TABLE 110 Rest of Asia Pacific Astaxanthin Market by Source, 2022 - 2028, USD Million
TABLE 111 Rest of Asia Pacific Astaxanthin Market by Natural Type, 2018 - 2021, USD Million
TABLE 112 Rest of Asia Pacific Astaxanthin Market by Natural Type, 2022 - 2028, USD Million
TABLE 113 Rest of Asia Pacific Astaxanthin Market by Application, 2018 - 2021, USD Million
TABLE 114 Rest of Asia Pacific Astaxanthin Market by Application, 2022 - 2028, USD Million
TABLE 115 Key Information – E.I.D. Parry Limited
TABLE 116 Key Information – Cyanotech Corporation
TABLE 117 Key Information – ENEOS Corporation
TABLE 118 Key Information – Algatechnologies Ltd.
TABLE 119 Key Information – MicroA AS
TABLE 120 Key Information – Beijing Gingko Group
TABLE 121 Key Information – Algalif Iceland ehf.
TABLE 122 Key Information – Fuji Chemical Industries Co., Ltd.
TABLE 123 Key Information – Piveg, Inc.
TABLE 124 Key Information – Atacama Bio Natural Products S.A.

List of Figures
FIG 1 Methodology for the research