The Europe Astaxanthin Market would witness market growth of 14.6% CAGR during the forecast period (2022-2028).
Astaxanthin acts as an antioxidant and offers a reduction in the free radicals in the body. Astaxanthin is naturally taken out from the plant and it has a reddish tinge to it. Moreover, it enhances the consistency of the skin and protection of the eyes. Astaxanthin improves the moisture level of the skin and makes it even more elastic.
It also aids in decreasing wrinkles and acne. Astaxanthin is also used to enhance the immune system and the health of the heart. Furthermore, astaxanthin is an approved drug for the symptoms of Alzheimer’s disease and also of Parkinson’s disease. Astaxanthin has been proven to enhance skin health by downstream and direct influence on various procedures of the oxidative stress flow while preventing inflammatory mediators at the same time.
The changes in the molecular and morphological state of aged skin not only balanced the role of proactiveness but also participated in the appearance of the skin symptoms, too much dryness, pruritus, and raised predispositions to the formation of wrinkles, dyspigmentation, fragility, and problem in healing injuries, as well as change in permeability of skin for medicine.
The Italian cosmetic industry is the fourth largest sector in Europe, consisting of 12% of the total market volume. The cosmetic industry in Italy accounted for 17.5 billion USD with a growth of rate of 1.7% in 2017. The industry is further predicted to flourish in the future years. The cosmetic industry of France is vigorous and powerful. The “Made in France” label on cosmetic product is considered as a presentation of high quality. The products from France are sold all over the world and French cosmetic businesses have witnessed expansion across the globe.
The Germany market dominated the Europe Astaxanthin Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $275.3 million by 2028.The UK market is anticipated to grow at a CAGR of 13.6% during (2022 - 2028). Additionally, The France market would exhibit a CAGR of 15.4% 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 Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Astaxanthin Market will Hit $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
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
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.
TABLE 1 Europe Astaxanthin Market, 2018 - 2021, USD Million
TABLE 2 Europe Astaxanthin Market, 2022 - 2028, USD Million
TABLE 3 Europe Astaxanthin Market by Product, 2018 - 2021, USD Million
TABLE 4 Europe Astaxanthin Market by Product, 2022 - 2028, USD Million
TABLE 5 Europe Dried Algae Meal Or Biomass Market by Country, 2018 - 2021, USD Million
TABLE 6 Europe Dried Algae Meal Or Biomass Market by Country, 2022 - 2028, USD Million
TABLE 7 Europe Softgel Market by Country, 2018 - 2021, USD Million
TABLE 8 Europe Softgel Market by Country, 2022 - 2028, USD Million
TABLE 9 Europe Oil Market by Country, 2018 - 2021, USD Million
TABLE 10 Europe Oil Market by Country, 2022 - 2028, USD Million
TABLE 11 Europe Liquid Market by Country, 2018 - 2021, USD Million
TABLE 12 Europe Liquid Market by Country, 2022 - 2028, USD Million
TABLE 13 Europe Others Market by Country, 2018 - 2021, USD Million
TABLE 14 Europe Others Market by Country, 2022 - 2028, USD Million
TABLE 15 Europe Astaxanthin Market by Source, 2018 - 2021, USD Million
TABLE 16 Europe Astaxanthin Market by Source, 2022 - 2028, USD Million
TABLE 17 Europe Natural Market by Country, 2018 - 2021, USD Million
TABLE 18 Europe Natural Market by Country, 2022 - 2028, USD Million
TABLE 19 Europe Astaxanthin Market by Natural Type, 2018 - 2021, USD Million
TABLE 20 Europe Astaxanthin Market by Natural Type, 2022 - 2028, USD Million
TABLE 21 Europe Yeast Market by Country, 2018 - 2021, USD Million
TABLE 22 Europe Yeast Market by Country, 2022 - 2028, USD Million
TABLE 23 Europe Microalgae Market by Country, 2018 - 2021, USD Million
TABLE 24 Europe Microalgae Market by Country, 2022 - 2028, USD Million
TABLE 25 Europe Krill/Shrimp Market by Country, 2018 - 2021, USD Million
TABLE 26 Europe Krill/Shrimp Market by Country, 2022 - 2028, USD Million
TABLE 27 Europe Others Market by Country, 2018 - 2021, USD Million
TABLE 28 Europe Others Market by Country, 2022 - 2028, USD Million
TABLE 29 Europe Synthetic Market by Country, 2018 - 2021, USD Million
TABLE 30 Europe Synthetic Market by Country, 2022 - 2028, USD Million
TABLE 31 Europe Astaxanthin Market by Application, 2018 - 2021, USD Million
TABLE 32 Europe Astaxanthin Market by Application, 2022 - 2028, USD Million
TABLE 33 Europe Aquaculture & Animal Feed Market by Country, 2018 - 2021, USD Million
TABLE 34 Europe Aquaculture & Animal Feed Market by Country, 2022 - 2028, USD Million
TABLE 35 Europe Nutraceuticals Market by Country, 2018 - 2021, USD Million
TABLE 36 Europe Nutraceuticals Market by Country, 2022 - 2028, USD Million
TABLE 37 Europe Cosmetics Market by Country, 2018 - 2021, USD Million
TABLE 38 Europe Cosmetics Market by Country, 2022 - 2028, USD Million
TABLE 39 Europe Food Market by Country, 2018 - 2021, USD Million
TABLE 40 Europe Food Market by Country, 2022 - 2028, USD Million
TABLE 41 Europe Others Market by Country, 2018 - 2021, USD Million
TABLE 42 Europe Others Market by Country, 2022 - 2028, USD Million
TABLE 43 Europe Astaxanthin Market by Country, 2018 - 2021, USD Million
TABLE 44 Europe Astaxanthin Market by Country, 2022 - 2028, USD Million
TABLE 45 Germany Astaxanthin Market, 2018 - 2021, USD Million
TABLE 46 Germany Astaxanthin Market, 2022 - 2028, USD Million
TABLE 47 Germany Astaxanthin Market by Product, 2018 - 2021, USD Million
TABLE 48 Germany Astaxanthin Market by Product, 2022 - 2028, USD Million
TABLE 49 Germany Astaxanthin Market by Source, 2018 - 2021, USD Million
TABLE 50 Germany Astaxanthin Market by Source, 2022 - 2028, USD Million
TABLE 51 Germany Astaxanthin Market by Natural Type, 2018 - 2021, USD Million
TABLE 52 Germany Astaxanthin Market by Natural Type, 2022 - 2028, USD Million
TABLE 53 Germany Astaxanthin Market by Application, 2018 - 2021, USD Million
TABLE 54 Germany Astaxanthin Market by Application, 2022 - 2028, USD Million
TABLE 55 UK Astaxanthin Market, 2018 - 2021, USD Million
TABLE 56 UK Astaxanthin Market, 2022 - 2028, USD Million
TABLE 57 UK Astaxanthin Market by Product, 2018 - 2021, USD Million
TABLE 58 UK Astaxanthin Market by Product, 2022 - 2028, USD Million
TABLE 59 UK Astaxanthin Market by Source, 2018 - 2021, USD Million
TABLE 60 UK Astaxanthin Market by Source, 2022 - 2028, USD Million
TABLE 61 UK Astaxanthin Market by Natural Type, 2018 - 2021, USD Million
TABLE 62 UK Astaxanthin Market by Natural Type, 2022 - 2028, USD Million
TABLE 63 UK Astaxanthin Market by Application, 2018 - 2021, USD Million
TABLE 64 UK Astaxanthin Market by Application, 2022 - 2028, USD Million
TABLE 65 France Astaxanthin Market, 2018 - 2021, USD Million
TABLE 66 France Astaxanthin Market, 2022 - 2028, USD Million
TABLE 67 France Astaxanthin Market by Product, 2018 - 2021, USD Million
TABLE 68 France Astaxanthin Market by Product, 2022 - 2028, USD Million
TABLE 69 France Astaxanthin Market by Source, 2018 - 2021, USD Million
TABLE 70 France Astaxanthin Market by Source, 2022 - 2028, USD Million
TABLE 71 France Astaxanthin Market by Natural Type, 2018 - 2021, USD Million
TABLE 72 France Astaxanthin Market by Natural Type, 2022 - 2028, USD Million
TABLE 73 France Astaxanthin Market by Application, 2018 - 2021, USD Million
TABLE 74 France Astaxanthin Market by Application, 2022 - 2028, USD Million
TABLE 75 Russia Astaxanthin Market, 2018 - 2021, USD Million
TABLE 76 Russia Astaxanthin Market, 2022 - 2028, USD Million
TABLE 77 Russia Astaxanthin Market by Product, 2018 - 2021, USD Million
TABLE 78 Russia Astaxanthin Market by Product, 2022 - 2028, USD Million
TABLE 79 Russia Astaxanthin Market by Source, 2018 - 2021, USD Million
TABLE 80 Russia Astaxanthin Market by Source, 2022 - 2028, USD Million
TABLE 81 Russia Astaxanthin Market by Natural Type, 2018 - 2021, USD Million
TABLE 82 Russia Astaxanthin Market by Natural Type, 2022 - 2028, USD Million
TABLE 83 Russia Astaxanthin Market by Application, 2018 - 2021, USD Million
TABLE 84 Russia Astaxanthin Market by Application, 2022 - 2028, USD Million
TABLE 85 Spain Astaxanthin Market, 2018 - 2021, USD Million
TABLE 86 Spain Astaxanthin Market, 2022 - 2028, USD Million
TABLE 87 Spain Astaxanthin Market by Product, 2018 - 2021, USD Million
TABLE 88 Spain Astaxanthin Market by Product, 2022 - 2028, USD Million
TABLE 89 Spain Astaxanthin Market by Source, 2018 - 2021, USD Million
TABLE 90 Spain Astaxanthin Market by Source, 2022 - 2028, USD Million
TABLE 91 Spain Astaxanthin Market by Natural Type, 2018 - 2021, USD Million
TABLE 92 Spain Astaxanthin Market by Natural Type, 2022 - 2028, USD Million
TABLE 93 Spain Astaxanthin Market by Application, 2018 - 2021, USD Million
TABLE 94 Spain Astaxanthin Market by Application, 2022 - 2028, USD Million
TABLE 95 Italy Astaxanthin Market, 2018 - 2021, USD Million
TABLE 96 Italy Astaxanthin Market, 2022 - 2028, USD Million
TABLE 97 Italy Astaxanthin Market by Product, 2018 - 2021, USD Million
TABLE 98 Italy Astaxanthin Market by Product, 2022 - 2028, USD Million
TABLE 99 Italy Astaxanthin Market by Source, 2018 - 2021, USD Million
TABLE 100 Italy Astaxanthin Market by Source, 2022 - 2028, USD Million
TABLE 101 Italy Astaxanthin Market by Natural Type, 2018 - 2021, USD Million
TABLE 102 Italy Astaxanthin Market by Natural Type, 2022 - 2028, USD Million
TABLE 103 Italy Astaxanthin Market by Application, 2018 - 2021, USD Million
TABLE 104 Italy Astaxanthin Market by Application, 2022 - 2028, USD Million
TABLE 105 Rest of Europe Astaxanthin Market, 2018 - 2021, USD Million
TABLE 106 Rest of Europe Astaxanthin Market, 2022 - 2028, USD Million
TABLE 107 Rest of Europe Astaxanthin Market by Product, 2018 - 2021, USD Million
TABLE 108 Rest of Europe Astaxanthin Market by Product, 2022 - 2028, USD Million
TABLE 109 Rest of Europe Astaxanthin Market by Source, 2018 - 2021, USD Million
TABLE 110 Rest of Europe Astaxanthin Market by Source, 2022 - 2028, USD Million
TABLE 111 Rest of Europe Astaxanthin Market by Natural Type, 2018 - 2021, USD Million
TABLE 112 Rest of Europe Astaxanthin Market by Natural Type, 2022 - 2028, USD Million
TABLE 113 Rest of Europe Astaxanthin Market by Application, 2018 - 2021, USD Million
TABLE 114 Rest of Europe 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