Astaxanthin Market

The astaxanthin market encompasses the production and sale of a natural pigment from the carotenoid family, highly valued for its potent antioxidant properties. Key customers are in the nutraceutical, cosmetics, aquaculture, and animal feed industries. The market's growth is primarily driven by rising consumer interest in natural health products and the global expansion of the aquaculture sector, which uses astaxanthin as a feed additive.

CAGR

14.5%

Compound Annual Growth Rate

Current Value

$2.44B

Estimated 2026

Projected Value

$7.21B

By 2034

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