Global High Purity Astaxanthin market cagr 6.2%

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High Purity Astaxanthin Market

High Purity Astaxanthin Market Scope: Industry

Analysis, Market Size, Growth, Trends Till 2031

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High Purity Astaxanthin Market Size and Growth

The High Purity Astaxanthin market is experiencing significant growth, driven by increasing demand in nutraceuticals, cosmetics, and aquaculture. As of 2023, the market size is valued at approximately USD 500 million and is projected to expand due to rising health consciousness and advancements in extraction technologies. Request Sample Report

Companies Covered

(Covid 19 Impact Covered)

◍ Cyanotech Corporation

◍ Fuji Chemical Industries Co., Ltd.

◍ Divi's Laboratories Limited

◍ BGG

◍ Yunnan Alphy Biotech Co., Ltd.

◍ ENEOS Corporation

◍ Jingzhou Natural Astaxanthin, Inc.

◍ Parry Nutraceuticals

◍ AlgaTechnologies Ltd.

◍ Biogenic Co., Ltd.

◍ Nextferm Technologies Ltd.

◍ Agalif

◍ Algamo

◍ Atacama

◍ Piveg

The High Purity Astaxanthin Market features key players like Cyanotech, Fuji Chemical, and Divi's Laboratories, each leveraging their expertise in algae extraction and biotechnology to enhance product quality and innovation. Their contributions boost market growth through diverse applications in nutraceuticals, cosmetics, and aquaculture, driving sales and expansion.

- Cyanotech: $10 million (2022)

- Divi's Laboratories: $1.5 billion (2022)

- BGG: Not disclosed, but significant growth noted.

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Market Segmentation

By Application

By Product

◍ Natural Astaxanthin

Synthetic Astaxanthin ◍ Feed

Nutraceuticals

Cosmetics

Food & Beverages

Others

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Market Growth

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$ X Billion USD

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