Global Natural Astaxanthin Market Growth 2019-2024
Table of Contents
2019-2024 Global Natural Astaxanthin Consumption Market Report
1 Scope of the Report
- 1.1 Market Introduction
- 1.2 Research Objectives
- 1.3 Years Considered
- 1.4 Market Research Methodology
- 1.5 Economic Indicators
- 1.6 Currency Considered
2 Executive Summary
- 2.1 World Market Overview
- 2.1.1 Global Natural Astaxanthin Consumption 2014-2024
- 2.1.2 Natural Astaxanthin Consumption CAGR by Region
- 2.2 Natural Astaxanthin Segment by Type
- 2.2.1 Astaxanthin Oleoresin
- 2.2.2 Astaxanthin Powder
- 2.2.3 Others
- 2.3 Natural Astaxanthin Consumption by Type
- 2.3.1 Global Natural Astaxanthin Consumption Market Share by Type (2014-2019)
- 2.3.2 Global Natural Astaxanthin Revenue and Market Share by Type (2014-2019)
- 2.3.3 Global Natural Astaxanthin Sale Price by Type (2014-2019)
- 2.4 Natural Astaxanthin Segment by Application
- 2.4.1 Nutraceuticals
- 2.4.2 Cosmetics
- 2.4.3 Food & Beverages
- 2.4.4 Feed
- 2.4.5 Others
- 2.5 Natural Astaxanthin Consumption by Application
- 2.5.1 Global Natural Astaxanthin Consumption Market Share by Application (2014-2019)
- 2.5.2 Global Natural Astaxanthin Value and Market Share by Application (2014-2019)
- 2.5.3 Global Natural Astaxanthin Sale Price by Application (2014-2019)
3 Global Natural Astaxanthin by Players
- 3.1 Global Natural Astaxanthin Sales Market Share by Players
- 3.1.1 Global Natural Astaxanthin Sales by Players (2017-2019)
- 3.1.2 Global Natural Astaxanthin Sales Market Share by Players (2017-2019)
- 3.2 Global Natural Astaxanthin Revenue Market Share by Players
- 3.2.1 Global Natural Astaxanthin Revenue by Players (2017-2019)
- 3.2.2 Global Natural Astaxanthin Revenue Market Share by Players (2017-2019)
- 3.3 Global Natural Astaxanthin Sale Price by Players
- 3.4 Global Natural Astaxanthin Manufacturing Base Distribution, Sales Area, Product Types by Players
- 3.4.1 Global Natural Astaxanthin Manufacturing Base Distribution and Sales Area by Players
- 3.4.2 Players Natural Astaxanthin Products Offered
- 3.5 Market Concentration Rate Analysis
- 3.5.1 Competition Landscape Analysis
- 3.5.2 Concentration Ratio (CR3, CR5 and CR10) (2017-2019)
- 3.6 New Products and Potential Entrants
- 3.7 Mergers & Acquisitions, Expansion
4 Natural Astaxanthin by Regions
- 4.1 Natural Astaxanthin by Regions
- 4.1.1 Global Natural Astaxanthin Consumption by Regions
- 4.1.2 Global Natural Astaxanthin Value by Regions
- 4.2 Americas Natural Astaxanthin Consumption Growth
- 4.3 APAC Natural Astaxanthin Consumption Growth
- 4.4 Europe Natural Astaxanthin Consumption Growth
- 4.5 Middle East & Africa Natural Astaxanthin Consumption Growth
5 Americas
- 5.1 Americas Natural Astaxanthin Consumption by Countries
- 5.1.1 Americas Natural Astaxanthin Consumption by Countries (2014-2019)
- 5.1.2 Americas Natural Astaxanthin Value by Countries (2014-2019)
- 5.2 Americas Natural Astaxanthin Consumption by Type
- 5.3 Americas Natural Astaxanthin Consumption by Application
- 5.4 United States
- 5.5 Canada
- 5.6 Mexico
- 5.7 Key Economic Indicators of Few Americas Countries
6 APAC
- 6.1 APAC Natural Astaxanthin Consumption by Countries
- 6.1.1 APAC Natural Astaxanthin Consumption by Countries (2014-2019)
- 6.1.2 APAC Natural Astaxanthin Value by Countries (2014-2019)
- 6.2 APAC Natural Astaxanthin Consumption by Type
- 6.3 APAC Natural Astaxanthin Consumption by Application
- 6.4 China
- 6.5 Japan
- 6.6 Korea
- 6.7 Southeast Asia
- 6.8 India
- 6.9 Australia
- 6.10 Key Economic Indicators of Few APAC Countries
7 Europe
- 7.1 Europe Natural Astaxanthin by Countries
- 7.1.1 Europe Natural Astaxanthin Consumption by Countries (2014-2019)
- 7.1.2 Europe Natural Astaxanthin Value by Countries (2014-2019)
- 7.2 Europe Natural Astaxanthin Consumption by Type
- 7.3 Europe Natural Astaxanthin Consumption by Application
- 7.4 Germany
- 7.5 France
- 7.6 UK
- 7.7 Italy
- 7.8 Russia
- 7.9 Spain
- 7.10 Key Economic Indicators of Few Europe Countries
8 Middle East & Africa
- 8.1 Middle East & Africa Natural Astaxanthin by Countries
- 8.1.1 Middle East & Africa Natural Astaxanthin Consumption by Countries (2014-2019)
- 8.1.2 Middle East & Africa Natural Astaxanthin Value by Countries (2014-2019)
- 8.2 Middle East & Africa Natural Astaxanthin Consumption by Type
- 8.3 Middle East & Africa Natural Astaxanthin Consumption by Application
- 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 and Impact
- 9.1.1 Growing Demand from Key Regions
- 9.1.2 Growing Demand from Key Applications and Potential Industries
- 9.2 Market Challenges and Impact
- 9.3 Market Trends
10 Marketing, Distributors and Customer
- 10.1 Sales Channel
- 10.1.1 Direct Channels
- 10.1.2 Indirect Channels
- 10.2 Natural Astaxanthin Distributors
- 10.3 Natural Astaxanthin Customer
11 Global Natural Astaxanthin Market Forecast
- 11.1 Global Natural Astaxanthin Consumption Forecast (2019-2024)
- 11.2 Global Natural Astaxanthin Forecast by Regions
- 11.2.1 Global Natural Astaxanthin Forecast by Regions (2019-2024)
- 11.2.2 Global Natural Astaxanthin Value Forecast by Regions (2019-2024)
- 11.2.3 Americas Consumption Forecast
- 11.2.4 APAC Consumption Forecast
- 11.2.5 Europe Consumption Forecast
- 11.2.6 Middle East & Africa Consumption Forecast
- 11.3 Americas Forecast by Countries
- 11.3.1 United States Market Forecast
- 11.3.2 Canada Market Forecast
- 11.3.3 Mexico Market Forecast
- 11.3.4 Brazil Market Forecast
- 11.4 APAC Forecast by Countries
- 11.4.1 China Market Forecast
- 11.4.2 Japan Market Forecast
- 11.4.3 Korea Market Forecast
- 11.4.4 Southeast Asia Market Forecast
- 11.4.5 India Market Forecast
- 11.4.6 Australia Market Forecast
- 11.5 Europe Forecast by Countries
- 11.5.1 Germany Market Forecast
- 11.5.2 France Market Forecast
- 11.5.3 UK Market Forecast
- 11.5.4 Italy Market Forecast
- 11.5.5 Russia Market Forecast
- 11.5.6 Spain Market Forecast
- 11.6 Middle East & Africa Forecast by Countries
- 11.6.1 Egypt Market Forecast
- 11.6.2 South Africa Market Forecast
- 11.6.3 Israel Market Forecast
- 11.6.4 Turkey Market Forecast
- 11.6.5 GCC Countries Market Forecast
- 11.7 Global Natural Astaxanthin Forecast by Type
- 11.8 Global Natural Astaxanthin Forecast by Application
12 Key Players Analysis
- 12.1 Cyanotech
- 12.1.1 Company Details
- 12.1.2 Natural Astaxanthin Product Offered
- 12.1.3 Cyanotech Natural Astaxanthin Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.1.4 Main Business Overview
- 12.1.5 Cyanotech News
- 12.2 Fuji
- 12.2.1 Company Details
- 12.2.2 Natural Astaxanthin Product Offered
- 12.2.3 Fuji Natural Astaxanthin Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.2.4 Main Business Overview
- 12.2.5 Fuji News
- 12.3 BGG
- 12.3.1 Company Details
- 12.3.2 Natural Astaxanthin Product Offered
- 12.3.3 BGG Natural Astaxanthin Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.3.4 Main Business Overview
- 12.3.5 BGG News
- 12.4 Parry Nutraceuticals
- 12.4.1 Company Details
- 12.4.2 Natural Astaxanthin Product Offered
- 12.4.3 Parry Nutraceuticals Natural Astaxanthin Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.4.4 Main Business Overview
- 12.4.5 Parry Nutraceuticals News
- 12.5 Algatechnologies
- 12.5.1 Company Details
- 12.5.2 Natural Astaxanthin Product Offered
- 12.5.3 Algatechnologies Natural Astaxanthin Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.5.4 Main Business Overview
- 12.5.5 Algatechnologies News
- 12.6 Biogenic
- 12.6.1 Company Details
- 12.6.2 Natural Astaxanthin Product Offered
- 12.6.3 Biogenic Natural Astaxanthin Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.6.4 Main Business Overview
- 12.6.5 Biogenic News
- 12.7 Jingzhou Natural Astaxanthin
- 12.7.1 Company Details
- 12.7.2 Natural Astaxanthin Product Offered
- 12.7.3 Jingzhou Natural Astaxanthin Natural Astaxanthin Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.7.4 Main Business Overview
- 12.7.5 Jingzhou Natural Astaxanthin News
- 12.8 Yunnan Alphy Biotech
- 12.8.1 Company Details
- 12.8.2 Natural Astaxanthin Product Offered
- 12.8.3 Yunnan Alphy Biotech Natural Astaxanthin Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.8.4 Main Business Overview
- 12.8.5 Yunnan Alphy Biotech News
- 12.9 ADM
- 12.9.1 Company Details
- 12.9.2 Natural Astaxanthin Product Offered
- 12.9.3 ADM Natural Astaxanthin Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.9.4 Main Business Overview
- 12.9.5 ADM News
- 12.10 Piveg
- 12.10.1 Company Details
- 12.10.2 Natural Astaxanthin Product Offered
- 12.10.3 Piveg Natural Astaxanthin Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.10.4 Main Business Overview
- 12.10.5 Piveg News
13 Research Findings and Conclusion
Astaxanthin is a naturally occurring dark red carotenoid found in nature primarily in aquatic animals such as salmon, trout, krill, shrimp, crayfish, and crustaceans. 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.
Natural astaxanthin is famous for strong antioxidant property. Generally, it has two types, astaxanthin oleoresin and astaxanthin powder. Natural astaxanthin content in astaxanthin oleoresin is higher than that in astaxanthin powder. So price of astaxanthin powder is lower than that of astaxanthin oleoresin. In 2017, production of astaxanthin powder was about 36114 Kg, with a share of 53.03%.
Natural astaxanthin is usually used in nutraceuticals, cosmetics, food & beverages, feed and other fields. Most natural astaxanthin manufacturers produce downstream nutraceuticals or cosmetics directly. Nutraceuticals is an important application of natural astaxanthin. Natural astaxanthin consumed in nutraceuticals was about 27677 Kg in 2017.
Although downstream demand for natural astaxanthin is too much, there are only several major suppliers in this industry, such as Cyanotech, Fuji, BGG, Parry Nutraceuticals, Algatechnologies, Biogenic, Jingzhou Natural Astaxanthin, Yunnan Alphy Biotech, ADM and Piveg. Great limitation in this industry is raw material resource. As main raw material of natural astaxanthin, microalga (haematococcus pluvialis) is easily interference by pests and diseases. Once raw material resource is abundant, there will be more and more enterprises entering this industry.
From 2013 to 2017, global natural astaxanthin production increased from 44488 Kg to 68102 Kg, with an average increase rate of 11.23%. Global production regions are mainly concentrated in China, Europe, North America and Japan. In 2017, Europe produced about 11.83% of global total natural astaxanthin. North America produced 42008 Kg, accounting for 61.68% in 2017.
Owing to high price of natural astaxanthin, global consumption regions are mainly distributed in Europe, North America and China. In 2017, North America consumed about 25724 Kg. Followed by Europe, with a consumption amount of 15032 Kg.
In the future, we predict that global demand for natural astaxanthin will keeps increasing. Raw material limitation in this industry will still be a question in next few years. By 2024, we predict that global consumption will be 21249 Kg.
According to this study, over the next five years the Natural Astaxanthin market will register a xx% CAGR in terms of revenue, the global market size will reach US$ xx million by 2024, from US$ xx million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Natural Astaxanthin business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Natural Astaxanthin market by product type, application, key manufacturers and key regions and countries.
This study considers the Natural Astaxanthin value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Astaxanthin Oleoresin
Astaxanthin Powder
Others
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Nutraceuticals
Cosmetics
Food & Beverages
Feed
Others
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Cyanotech
Fuji
BGG
Parry Nutraceuticals
Algatechnologies
Biogenic
Jingzhou Natural Astaxanthin
Yunnan Alphy Biotech
ADM
Piveg
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Natural Astaxanthin consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Natural Astaxanthin market by identifying its various subsegments.
Focuses on the key global Natural Astaxanthin manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Natural Astaxanthin with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Natural Astaxanthin submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.