Astaxanthin Market Research Report Information By Source (Natural, Synthetic), By Form (Dry, Liquid), By Application (Food and Beverages, Pharmaceutical and Nutraceuticals, Animal Feed, Personal Care, Others) and By Region (North America, Europe, Asia-Pacific, And Rest Of The World) – Market Forecast Till 2030

TABLE OF CONTENTS

1 EXECUTIVE SUMMARY 14

1.1 MARKET ATTRACTIVENESS ANALYSIS 15

1.1.1 GLOBAL ASTAXANTHIN MARKET, BY SOURCE 16

1.1.2 GLOBAL ASTAXANTHIN MARKET, BY FORM 17

1.1.3 GLOBAL ASTAXANTHIN MARKET, BY APPLICATION 18

1.1.4 GLOBAL ASTAXANTHIN MARKET, BY REGION 19

2 MARKET INTRODUCTION 20

2.1 DEFINITION 20

2.2 SCOPE OF THE STUDY 20

2.3 RESEARCH OBJECTIVE 20

2.4 MARKET STRUCTURE 21

2.5 KEY BUYING CRITERIA 21

3 RESEARCH METHODOLOGY 22

3.1 RESEARCH PROCESS 22

3.2 PRIMARY RESEARCH 23

3.3 SECONDARY RESEARCH 24

3.4 MARKET SIZE ESTIMATION 24

3.5 FORECAST MODEL 26

3.6 LIST OF ASSUMPTIONS & LIMITATIONS 27

4 MARKET INSIGHTS 28

5 MARKET DYNAMICS 30

5.1 INTRODUCTION 30

5.2 DRIVERS 31

5.2.1 WIDE RANGE OF APPLICATIONS 31

5.2.2 GROWTH OF THE AQUACULTURE INDUSTRY 31

5.2.3 INCREASING FOCUS ON PREVENTIVE HEALTHCARE 32

5.2.4 DRIVERS IMPACT ANALYSIS 32

5.3 RESTRAINT 33

5.3.1 HIGH COST OF PRODUCTION 33

5.3.2 RESTRAINT IMPACT ANALYSIS 33

5.4 OPPORTUNITY 33

5.4.1 RISING DEMAND FOR NATURAL INGREDIENTS IN END-USE INDUSTRIES 33

6 MARKET FACTOR ANALYSIS 34

6.1 VALUE CHAIN ANALYSIS 34

6.1.1 ALGAE CULTIVATION 35

6.1.2 PROCESSING 36

6.1.3 PACKAGING 36

6.2 SUPPLY CHAIN ANALYSIS 37

6.3 PORTER’S FIVE FORCES MODEL 38

6.3.1 THREAT OF NEW ENTRANTS 38

6.3.2 BARGAINING POWER OF SUPPLIERS 39

6.3.3 BARGAINING POWER OF BUYERS 39

6.3.4 THREAT OF SUBSTITUTES 39

6.3.5 RIVALRY 39

6.4 IMPACT OF THE COVID-19 OUTBREAK ON GLOBAL ASTAXANTHIN MARKET 40

6.4.1 IMPACT ON PRODUCTION 40

6.4.2 IMPACT ON SUPPLY CHAIN 41

6.4.3 IMPACT ON PRICING 41

6.4.4 IMPACT ON END-USE APPLICATION AREAS 41

7 GLOBAL ASTAXANTHIN MARKET, BY SOURCE 42

7.1 OVERVIEW 42

7.1.1 GLOBAL ASTAXANTHIN MARKET ESTIMATES & FORECAST, BY SOURCE, 2024-2030 43

7.2 SYNTHETIC 44

7.2.1 SYNTHETIC: MARKET ESTIMATES & FORECAST, BY REGION, 2024-2030 44

7.3 NATURAL 45

7.3.1 NATURAL: MARKET ESTIMATES & FORECAST, BY REGION, 2024-2030 45

8 GLOBAL ASTAXANTHIN MARKET, BY FORM 46

8.1 OVERVIEW 46

8.1.1 GLOBAL ASTAXANTHIN MARKET ESTIMATES & FORECAST, BY FORM, 2024-2030 47

8.2 DRY 47

8.2.1 DRY: MARKET ESTIMATES & FORECAST, BY REGION, 2024-2030 47

8.3 LIQUID 48

8.3.1 LIQUID: MARKET ESTIMATES & FORECAST, BY REGION, 2024-2030 48

9 GLOBAL ASTAXANTHIN MARKET, BY APPLICATION 49

9.1 OVERVIEW 49

9.1.1 GLOBAL ASTAXANTHIN MARKET ESTIMATES & FORECAST, BY APPLICATION, 2024-2030 50

9.2 FOOD AND BEVERAGES 51

9.2.1 FOOD AND BEVERAGES: MARKET ESTIMATES & FORECAST, BY REGION, 2024-2030 51

9.3 PHARMACEUTICAL AND NUTRACEUTICALS 52

9.3.1 PHARMACEUTICAL AND NUTRACEUTICALS: MARKET ESTIMATES & FORECAST, BY REGION, 2024-2030 52

9.4 ANIMAL FEED 53

9.4.1 ANIMAL FEED: MARKET ESTIMATES & FORECAST, BY REGION, 2024-2030 53

9.5 PERSONAL CARE 54

9.5.1 PERSONAL CARE: MARKET ESTIMATES & FORECAST, BY REGION, 2024-2030 54

10 GLOBAL ASTAXANTHIN MARKET, BY REGION 55

10.1 OVERVIEW 55

10.2 NORTH AMERICA 57

10.2.1 US 59

10.2.2 CANADA 61

10.2.3 MEXICO 62

10.3 EUROPE 64

10.3.1 GERMANY 67

10.3.2 UK 68

10.3.3 FRANCE 70

10.3.4 SPAIN 71

10.3.5 ITALY 73

10.3.6 REST OF EUROPE 74

10.4 ASIA-PACIFIC 76

10.4.1 CHINA 79

10.4.2 JAPAN 80

10.4.3 INDIA 82

10.4.4 AUSTRALIA & NEW ZEALAND 83

10.4.5 REST OF ASIA-PACIFIC 85

10.5 REST OF THE WORLD 87

10.5.1 SOUTH AMERICA 89

10.5.2 MIDDLE EAST 91

10.5.3 AFRICA 92

11 COMPETITIVE LANDSCAPE 94

11.1 INTRODUCTION 94

11.1.1 MARKET STRATEGY ANALYSIS 94

11.2 COMPETITIVE BENCHMARKING 95

11.3 KEY DEVELOPMENTS & GROWTH STRATEGIES 96

11.3.1 PRODUCT LAUNCH 96

11.3.2 EXPANSIONS 96

11.3.3 AGREEMENT 97

11.3.4 PARTNERSHIP 97

11.3.5 ACQUISITION 97

11.3.6 PATENT 97

11.3.7 CERTIFICATION 98

12 COMPANY PROFILES 99

12.1 CARDAX, INC. 99

12.1.1 COMPANY OVERVIEW 99

12.1.2 FINANCIAL OVERVIEW 100

12.1.3 PRODUCTS OFFERED 100

12.1.4 KEY DEVELOPMENTS 101

12.1.5 SWOT ANALYSIS 101

12.1.6 KEY STRATEGIES 102

12.2 BASF SE 103

12.2.1 COMPANY OVERVIEW 103

12.2.2 FINANCIAL OVERVIEW 103

12.2.3 PRODUCTS OFFERED 104

12.2.4 KEY DEVELOPMENTS 104

12.2.5 SWOT ANALYSIS 104

12.2.6 KEY STRATEGIES 105

12.3 ALGA TECHNOLOGIES 106

12.3.1 COMPANY OVERVIEW 106

12.3.2 FINANCIAL OVERVIEW 106

12.3.3 PRODUCTS OFFERED 106

12.3.4 KEY DEVELOPMENTS 107

12.3.5 KEY STRATEGIES 107

12.4 ARCHER-DANIELS-MIDLAND COMPANY 108

12.4.1 COMPANY OVERVIEW 108

12.4.2 FINANCIAL OVERVIEW 109

12.4.3 PRODUCTS OFFERED 109

12.4.4 KEY DEVELOPMENTS 109

12.4.5 KEY STRATEGIES 110

12.5 KONINKLIJKE DSM NV. 111

12.5.1 COMPANY OVERVIEW 111

12.5.2 FINANCIAL OVERVIEW 111

12.5.3 PRODUCTS OFFERED 112

12.5.4 KEY DEVELOPMENTS 112

12.5.5 SWOT ANALYSIS 112

12.5.6 KEY STRATEGIES 113

12.6 CYANOTECH CORPORATION 114

12.6.1 COMPANY OVERVIEW 114

12.6.2 FINANCIAL OVERVIEW 114

12.6.3 PRODUCTS OFFERED 115

12.6.4 KEY DEVELOPMENTS 115

12.6.5 SWOT ANALYSIS 116

12.6.6 KEY STRATEGIES 116

12.7 BEIJING GINGKO GROUP 117

12.7.1 COMPANY OVERVIEW 117

12.7.2 FINANCIAL OVERVIEW 117

12.7.3 PRODUCTS OFFERED 117

12.7.4 KEY DEVELOPMENTS 117

12.7.5 SWOT ANALYSIS 118

12.7.6 KEY STRATEGIES 118

12.8 FUJI CHEMICAL INDUSTRIES CO., LTD 119

12.8.1 COMPANY OVERVIEW 119

12.8.2 FINANCIAL OVERVIEW 119

12.8.3 PRODUCTS OFFERED 119

12.8.4 KEY DEVELOPMENTS 119

12.8.5 KEY STRATEGIES 119

12.9 FENCHEM 120

12.9.1 COMPANY OVERVIEW 120

12.9.2 FINANCIAL OVERVIEW 120

12.9.3 PRODUCTS OFFERED 120

12.9.4 KEY DEVELOPMENTS 120

12.9.5 KEY STRATEGIES 120

12.10 OTSUKA HOLDINGS CO., LTD 121

12.10.1 COMPANY OVERVIEW 121

12.10.2 FINANCIAL OVERVIEW 121

12.10.3 PRODUCTS OFFERED 122

12.10.4 KEY DEVELOPMENTS 122

12.10.5 SWOT ANALYSIS 122

12.10.6 KEY STRATEGIES 123

13 REFERENCES 124

LIST OF TABLES

TABLE 1 PRIMARY INTERVIEWS 23

TABLE 2 LIST OF ASSUMPTIONS & LIMITATIONS 27

TABLE 3 GLOBAL ASTAXANTHIN MARKET ESTIMATES & FORECAST, BY SOURCE, 2024-2030 (USD MILLION) 43

TABLE 4 SYNTHETIC: MARKET ESTIMATES & FORECAST, BY REGION, 2024-2030 (USD MILLION) 44

TABLE 5 NATURAL: MARKET ESTIMATES & FORECAST, BY REGION, 2024-2030 (USD MILLION) 45

TABLE 6 GLOBAL ASTAXANTHIN MARKET ESTIMATES & FORECAST, BY FORM, 2024-2030 (USD MILLION) 47

TABLE 7 DRY: MARKET ESTIMATES & FORECAST, BY REGION, 2024-2030 (USD MILLION) 47

TABLE 8 LIQUID: MARKET ESTIMATES & FORECAST, BY REGION, 2024-2030 (USD MILLION) 48

TABLE 9 GLOBAL ASTAXANTHIN MARKET ESTIMATES & FORECAST, BY APPLICATION, 2024-2030 (USD MILLION) 50

TABLE 10 FOOD AND BEVERAGES: MARKET ESTIMATES & FORECAST, BY REGION, 2024-2030 (USD MILLION) 51

TABLE 11 PHARMACEUTICAL AND NUTRACEUTICALS: MARKET ESTIMATES & FORECAST, BY REGION, 2024-2030 (USD MILLION) 52

TABLE 12 ANIMAL FEED: MARKET ESTIMATES & FORECAST, BY REGION, 2024-2030 (USD MILLION) 53

TABLE 13 PERSONAL CARE: MARKET ESTIMATES & FORECAST, BY REGION, 2024-2030 (USD MILLION) 54

TABLE 14 GLOBAL ASTAXANTHIN MARKET ESTIMATES & FORECAST, BY REGION, 2024-2030 (USD MILLION) 56

TABLE 15 NORTH AMERICA: MARKET ESTIMATES & FORECAST, BY COUNTRY, 2024-2030 (USD MILLION) 57

TABLE 16 NORTH AMERICA: ASTAXANTHIN MARKET, BY SOURCE, 2024-2030 (USD MILLION) 58

TABLE 17 NORTH AMERICA: ASTAXANTHIN MARKET, BY FORM, 2024-2030 (USD MILLION) 58

TABLE 18 NORTH AMERICA: ASTAXANTHIN MARKET, BY APPLICATION, 2024-2030 (USD MILLION) 59

TABLE 19 US: ASTAXANTHIN MARKET, BY SOURCE, 2024-2030 (USD MILLION) 59

TABLE 20 US: ASTAXANTHIN MARKET, BY FORM, 2024-2030 (USD MILLION) 60

TABLE 21 US: ASTAXANTHIN MARKET, BY APPLICATION, 2024-2030 (USD MILLION) 60

TABLE 22 CANADA: ASTAXANTHIN MARKET, BY SOURCE, 2024-2030 (USD MILLION) 61

TABLE 23 CANADA: ASTAXANTHIN MARKET, BY FORM, 2024-2030 (USD MILLION) 61

TABLE 24 CANADA: ASTAXANTHIN MARKET, BY APPLICATION, 2024-2030 (USD MILLION) 62

TABLE 25 MEXICO: ASTAXANTHIN MARKET, BY SOURCE, 2024-2030 (USD MILLION) 62

TABLE 26 MEXICO: ASTAXANTHIN MARKET, BY FORM, 2024-2030 (USD MILLION) 63

TABLE 27 MEXICO: ASTAXANTHIN MARKET, BY APPLICATION, 2024-2030 (USD MILLION) 63

TABLE 28 EUROPE: MARKET ESTIMATES & FORECAST, BY COUNTRY, 2024-2030 (USD MILLION) 65

TABLE 29 EUROPE: ASTAXANTHIN MARKET, BY SOURCE, 2024-2030 (USD MILLION) 65

TABLE 30 EUROPE: ASTAXANTHIN MARKET, BY FORM, 2024-2030 (USD MILLION) 66

TABLE 31 EUROPE: ASTAXANTHIN MARKET, BY APPLICATION, 2024-2030 (USD MILLION) 66

TABLE 32 GERMANY: ASTAXANTHIN MARKET, BY SOURCE, 2024-2030 (USD MILLION) 67

TABLE 33 GERMANY: ASTAXANTHIN MARKET, BY FORM, 2024-2030 (USD MILLION) 67

TABLE 34 GERMANY: ASTAXANTHIN MARKET, BY APPLICATION, 2024-2030 (USD MILLION) 68

TABLE 35 UK: ASTAXANTHIN MARKET, BY SOURCE, 2024-2030 (USD MILLION) 68

TABLE 36 UK: ASTAXANTHIN MARKET, BY FORM, 2024-2030 (USD MILLION) 69

TABLE 37 UK: ASTAXANTHIN MARKET, BY APPLICATION, 2024-2030 (USD MILLION) 69

TABLE 38 FRANCE: ASTAXANTHIN MARKET, BY SOURCE, 2024-2030 (USD MILLION) 70

TABLE 39 FRANCE: ASTAXANTHIN MARKET, BY FORM, 2024-2030 (USD MILLION) 70

TABLE 40 FRANCE: ASTAXANTHIN MARKET, BY APPLICATION, 2024-2030 (USD MILLION) 71

TABLE 41 SPAIN: ASTAXANTHIN MARKET, BY SOURCE, 2024-2030 (USD MILLION) 71

TABLE 42 SPAIN: ASTAXANTHIN MARKET, BY FORM, 2024-2030 (USD MILLION) 72

TABLE 43 SPAIN: ASTAXANTHIN MARKET, BY APPLICATION, 2024-2030 (USD MILLION) 72

TABLE 44 ITALY: ASTAXANTHIN MARKET, BY SOURCE, 2024-2030 (USD MILLION) 73

TABLE 45 ITALY: ASTAXANTHIN MARKET, BY FORM, 2024-2030 (USD MILLION) 73

TABLE 46 ITALY: ASTAXANTHIN MARKET, BY APPLICATION, 2024-2030 (USD MILLION) 74

TABLE 47 REST OF EUROPE: ASTAXANTHIN MARKET, BY SOURCE, 2024-2030 (USD MILLION) 74

TABLE 48 REST OF EUROPE: ASTAXANTHIN MARKET, BY FORM, 2024-2030 (USD MILLION) 75

TABLE 49 REST OF EUROPE: ASTAXANTHIN MARKET, BY APPLICATION, 2024-2030 (USD MILLION) 75

TABLE 50 ASIA-PACIFIC: MARKET ESTIMATES & FORECAST, BY COUNTRY, 2024-2030 (USD MILLION) 77

TABLE 51 ASIA-PACIFIC: ASTAXANTHIN MARKET, BY SOURCE, 2024-2030 (USD MILLION) 77

TABLE 52 ASIA-PACIFIC: ASTAXANTHIN MARKET, BY FORM, 2024-2030 (USD MILLION) 78

TABLE 53 ASIA-PACIFIC: ASTAXANTHIN MARKET, BY APPLICATION, 2024-2030 (USD MILLION) 78

TABLE 54 CHINA: ASTAXANTHIN MARKET, BY SOURCE, 2024-2030 (USD MILLION) 79

TABLE 55 CHINA: ASTAXANTHIN MARKET, BY FORM, 2024-2030 (USD MILLION) 79

TABLE 56 CHINA: ASTAXANTHIN MARKET, BY APPLICATION, 2024-2030 (USD MILLION) 80

TABLE 57 JAPAN: ASTAXANTHIN MARKET, BY SOURCE, 2024-2030 (USD MILLION) 80

TABLE 58 JAPAN: ASTAXANTHIN MARKET, BY FORM, 2024-2030 (USD MILLION) 81

TABLE 59 JAPAN: ASTAXANTHIN MARKET, BY APPLICATION, 2024-2030 (USD MILLION) 81

TABLE 60 INDIA: ASTAXANTHIN MARKET, BY SOURCE, 2024-2030 (USD MILLION) 82

TABLE 61 INDIA: ASTAXANTHIN MARKET, BY FORM, 2024-2030 (USD MILLION) 82

TABLE 62 INDIA: ASTAXANTHIN MARKET, BY APPLICATION, 2024-2030 (USD MILLION) 83

TABLE 63 AUSTRALIA & NEW ZEALAND: ASTAXANTHIN MARKET, BY SOURCE, 2024-2030 (USD MILLION) 83

TABLE 64 AUSTRALIA & NEW ZEALAND: ASTAXANTHIN MARKET, BY FORM, 2024-2030 (USD MILLION) 84

TABLE 65 AUSTRALIA & NEW ZEALAND: ASTAXANTHIN MARKET, BY APPLICATION, 2024-2030 (USD MILLION) 84

TABLE 66 REST OF ASIA-PACIFIC: ASTAXANTHIN MARKET, BY SOURCE, 2024-2030 (USD MILLION) 85

TABLE 67 REST OF ASIA-PACIFIC: ASTAXANTHIN MARKET, BY FORM, 2024-2030 (USD MILLION) 85

TABLE 68 REST OF ASIA-PACIFIC: ASTAXANTHIN MARKET, BY APPLICATION, 2024-2030 (USD MILLION) 86

TABLE 69 REST OF THE WORLD: MARKET ESTIMATES & FORECAST, BY REGION, 2024-2030 (USD MILLION) 87

TABLE 70 REST OF THE WORLD: ASTAXANTHIN MARKET, BY SOURCE, 2024-2030 (USD MILLION) 88

TABLE 71 REST OF THE WORLD: ASTAXANTHIN MARKET, BY FORM, 2024-2030 (USD MILLION) 88

TABLE 72 REST OF THE WORLD: ASTAXANTHIN MARKET, BY APPLICATION, 2024-2030 (USD MILLION) 89

TABLE 73 SOUTH AMERICA: ASTAXANTHIN MARKET, BY SOURCE, 2024-2030 (USD MILLION) 89

TABLE 74 SOUTH AMERICA: ASTAXANTHIN MARKET, BY FORM, 2024-2030 (USD MILLION) 90

TABLE 75 SOUTH AMERICA: ASTAXANTHIN MARKET, BY APPLICATION, 2024-2030 (USD MILLION) 90

TABLE 76 MIDDLE EAST: ASTAXANTHIN MARKET, BY SOURCE, 2024-2030 (USD MILLION) 91

TABLE 77 MIDDLE EAST: ASTAXANTHIN MARKET, BY FORM, 2024-2030 (USD MILLION) 91

TABLE 78 MIDDLE EAST: ASTAXANTHIN MARKET, BY APPLICATION, 2024-2030 (USD MILLION) 92

TABLE 79 AFRICA: ASTAXANTHIN MARKET, BY SOURCE, 2024-2030 (USD MILLION) 92

TABLE 80 AFRICA: ASTAXANTHIN MARKET, BY FORM, 2024-2030 (USD MILLION) 93

TABLE 81 AFRICA: ASTAXANTHIN MARKET, BY APPLICATION, 2024-2030 (USD MILLION) 93

TABLE 82 PRODUCT LAUNCH 96

TABLE 83 EXPANSIONS 96

TABLE 84 AGREEMENT 97

TABLE 85 PARTNERSHIP 97

TABLE 86 ACQUISITION 97

TABLE 87 PATENT 97

TABLE 88 CERTIFICATION 98

TABLE 89 CARDAX, INC.: PRODUCTS OFFERED 100

TABLE 90 CARDAX, INC.: KEY DEVELOPMENTS 101

TABLE 91 BASF SE: PRODUCTS OFFERED 104

TABLE 92 ALGA TECHNOLOGIES: PRODUCTS OFFERED 106

TABLE 93 ALGA TECHNOLOGIES: KEY DEVELOPMENTS 107

TABLE 94 ARCHER-DANIELS-MIDLAND COMPANY: PRODUCTS OFFERED 109

TABLE 95 KONINKLIJKE DSM N.V.: PRODUCTS OFFERED 112

TABLE 96 KONINKLIJKE DSM N.V.: KEY DEVELOPMENTS 112

TABLE 97 CYANOTECH CORPORATION: PRODUCTS OFFERED 115

TABLE 98 CYANOTECH CORPORATION: KEY DEVELOPMENTS 115

TABLE 99 BEIJING GINGKO GROUP: PRODUCTS OFFERED 117

TABLE 100 BEIJING GINGKO GROUP: KEY DEVELOPMENTS 117

TABLE 101 FUJI CHEMICAL INDUSTRIES CO., LTD.: PRODUCTS OFFERED 119

TABLE 102 FENCHEM: PRODUCTS OFFERED 120

TABLE 103 OTSUKA HOLDINGS CO., LTD: PRODUCTS OFFERED 122

TABLE 104 OTSUKA HOLDINGS CO., LTD: KEY DEVELOPMENTS 122

LIST OF FIGURES

FIGURE 1 MARKET SYNOPSIS 14

FIGURE 2 MARKET ATTRACTIVENESS ANALYSIS: GLOBAL ASTAXANTHIN MARKET, 2023 15

FIGURE 3 GLOBAL ASTAXANTHIN MARKET ANALYSIS, BY SOURCE, 2023 16

FIGURE 4 GLOBAL ASTAXANTHIN MARKET ANALYSIS, BY FORM, 2023 17

FIGURE 5 GLOBAL ASTAXANTHIN MARKET ANALYSIS, BY APPLICATION, 2023 18

FIGURE 6 GLOBAL ASTAXANTHIN MARKET ANALYSIS, BY REGION, 2023 19

FIGURE 7 GLOBAL ASTAXANTHIN MARKET: STRUCTURE 21

FIGURE 8 KEY BUYING CRITERIA FOR ASTAXANTHIN 21

FIGURE 9 RESEARCH PROCESS 22

FIGURE 10 TOP-DOWN AND BOTTOM-UP APPROACHES 25

FIGURE 11 NORTH AMERICA: ASTAXANTHIN MARKET SIZE, BY COUNTRY (2023 VS. 2028) 28

FIGURE 12 EUROPE: ASTAXANTHIN MARKET SIZE, BY COUNTRY (2023 VS. 2028) 28

FIGURE 13 ASIA-PACIFIC: ASTAXANTHIN MARKET SIZE, BY COUNTRY (2023 VS. 2028) 29

FIGURE 14 REST OF THE WORLD: ASTAXANTHIN MARKET SIZE, BY REGION (2023 VS. 2028) 29

FIGURE 15 MARKET DYNAMICS OVERVIEW 30

FIGURE 16 DRIVERS IMPACT ANALYSIS: GLOBAL ASTAXANTHIN MARKET 32

FIGURE 17 RESTRAINT IMPACT ANALYSIS: GLOBAL ASTAXANTHIN MARKET 33

FIGURE 18 VALUE CHAIN: GLOBAL ASTAXANTHIN MARKET 35

FIGURE 19 GLOBAL ASTAXANTHIN MARKET: SUPPLY CHAIN ANALYSIS 37

FIGURE 21 GLOBAL ASTAXANTHIN MARKET, BY SOURCE, 2023 (% SHARE) 42

FIGURE 22 GLOBAL ASTAXANTHIN MARKET, BY SOURCE, 2024-2030 (USD MILLION) 42

FIGURE 23 GLOBAL ASTAXANTHIN MARKET, BY FORM, 2023 (% SHARE) 46

FIGURE 24 GLOBAL ASTAXANTHIN MARKET, BY FORM, 2024-2030 (USD MILLION) 46

FIGURE 25 GLOBAL ASTAXANTHIN MARKET, BY APPLICATION, 2023 (% SHARE) 49

FIGURE 26 GLOBAL ASTAXANTHIN MARKET, BY APPLICATION, 2024-2030 (USD MILLION) 49

FIGURE 27 GLOBAL ASTAXANTHIN MARKET, BY REGION, 2024-2030 (USD MILLION) 55

FIGURE 28 GLOBAL ASTAXANTHIN MARKET, BY REGION, 2023 (% SHARE) 56

FIGURE 29 NORTH AMERICA: ASTAXANTHIN MARKET SHARE, BY COUNTRY, 2023 (% SHARE) 57

FIGURE 30 EUROPE: ASTAXANTHIN MARKET SHARE, BY COUNTRY, 2023 (% SHARE) 64

FIGURE 31 ASIA-PACIFIC: ASTAXANTHIN MARKET SHARE, BY COUNTRY, 2023 (% SHARE) 76

FIGURE 32 REST OF THE WORLD: ASTAXANTHIN MARKET SHARE, BY REGION, 2023 (% SHARE) 87

FIGURE 33 CARDAX, INC.: FINANCIAL OVERVIEW SNAPSHOT 100

FIGURE 34 CARDAX, INC.: SWOT ANALYSIS 101

FIGURE 35 BASF SE: FINANCIAL OVERVIEW SNAPSHOT 103

FIGURE 36 BASF SE: SWOT ANALYSIS 104

FIGURE 37 ARCHER-DANIELS-MIDLAND COMPANY: FINANCIAL OVERVIEW SNAPSHOT 109

FIGURE 38 KONINKLIJKE DSM N.V.: FINANCIAL OVERVIEW SNAPSHOT 111

FIGURE 39 KONINKLIJKE DSM N.V.: SWOT ANALYSIS 112

FIGURE 40 CYANOTECH CORPORATION: FINANCIAL OVERVIEW SNAPSHOT 114

FIGURE 41 CYANOTECH CORPORATION: SWOT ANALYSIS 116

FIGURE 42 BEIJING GINGKO GROUP: SWOT ANALYSIS 118

FIGURE 43 OTSUKA HOLDINGS CO., LTD: FINANCIAL OVERVIEW SNAPSHOT 121

FIGURE 44 OTSUKA HOLDINGS CO., LTD: SWOT ANALYSIS 122