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Astaxanthin Market Share Forecast To Witness Considerable Growth From 2018 To 2026

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Astaxanthin Market report categorizes global market by source, and end use industry - Global Industry Insights, Trends, Outlook, and Opportunity Analysis, 2017–2025
Astaxanthin Market Share Forecast To Witness
Considerable Growth From 2018 To 2026
Astaxanthin is a member of the xanthophyll family of carotenoids which is found in some
marine plants and animals. Also known as "the king of the carotenoids," it is acknowledged
as one of the most powerful antioxidants present in nature. Highest concentration of
Astaxanthin is found in Pacific sockeye salmon. It is also present in crab, algae, shrimp, krill,
red trout, and lobster.
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Astaxanthin has various health benefits such as supports cardiovascular health, supports
immune functioning, helps in protection of cells and nervous system from oxidative damage
and supports brain health. Astaxanthin has excellent UV-light protection effect and
antioxidant activity which makes it an excellent enhancement for eye health care. Astaxanthin
is beneficial in lowering oxidative stress and improving blood flow in smokers and weighty
people
Astaxanthin has powerful UV-blocking properties that help protect human skin from sun
related damage. It is also beneficial in reducing wrinkles and in improving skin moisture
levels. Astaxanthin has natural anti-inflammatory properties and natural forms of astaxanthin
helps to block inflammatory COX2 enzymes and also suppressing serum levels of interleukin
1B, nitric oxide, C Reactive Protein (CRP), prostaglandin E2 and TNF-alpha (tumor necrosis
factor alpha).
Market Driver
Asia Pacific and North America are expected to be the most potential markets for
Astaxanthin manufacturers. Asia Pacific is projected to witness relatively high growth in
terms of value over the forecast period. This is mainly attributed to the anticipated growth in
pharmaceutical industry, especially in developing countries such as China and India.
According to IBEF, US$ 55 billion will be generated by the Indian pharmaceuticals industry
by 2026. In addition to this, the growing medical tourism in India has boosted the growth of
succinic acid market in the region.
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