The global astaxanthin market was valued at USD 2.34 billion in 2023, with a projected compound annual growth rate (CAGR) of 17.1% from 2024 to 2030. This growth is driven by rising demand across multiple sectors, including aquaculture, animal feed, nutraceuticals, cosmetics, pharmaceuticals, and food and beverages. Astaxanthin is particularly valued in aquaculture as a feed ingredient for...

The global astaxanthin market reached a valuation of USD 2.34 billion in 2023, with projections indicating a compound annual growth rate (CAGR) of 17.1% from 2024 to 2030. This growth is driven by a rising demand for astaxanthin across various industries, including aquaculture, animal feed, nutraceuticals, cosmetics, pharmaceuticals, and food and beverages. Astaxanthin’s role in...

The Global Astaxanthin Market reached USD 2.9 billion in 2023 and is projected to witness lucrative growth by reaching up to USD 3.8 billion by 2031. The market is growing at a CAGR of 8.1% during the forecast period 2024-2031 The global astaxanthin market is experiencing robust growth, driven by its expanding applications in the health and wellness sector. Astaxanthin, a potent antioxidant...

Beta-Glucan Industry The global beta glucan market size was valued at USD 569.8 million in 2022 and is anticipated to grow at a compound annual growth rate (CAGR) of 8.0% from 2023 to 2030. The increasing usage of the product as an immunity booster in the pharmaceutical and nutraceutical industry is anticipated to drive growth. Changing consumer preferences toward the use of nutritious food...

Beta-Glucan Industry The global beta glucan market size is expected to reach USD 1,055.4 million by 2030, registering a CAGR of 8.0% during the forecast period, according to a new report by Grand View Research, Inc. The industry is anticipated to grow, primarily on account of its increased application in industries, including nutraceutical, functional food and pharmaceutical. The consumers in...

The carotenoids market has been steadily gaining momentum, driven by increasing demand across various industries like food, beverages, dietary supplements, cosmetics, and pharmaceuticals. As of 2023, the global carotenoids market was valued at USD 2.2 billion, and projections indicate it will surpass USD 3.6 billion by 2030. This impressive growth corresponds to a compound annual...

The Compound Feed Market was valued at USD 514.4 billion in 2023 and will surpass USD 668.9 billion by 2030; growing at a CAGR of 3.8% during 2024 - 2030. Driven by the increasing demand for high-quality animal protein, changing dietary patterns, and advancements in animal husbandry practices. As the world’s population continues to grow, the need for efficient and sustainable...

DataIntelo has released their new Concentrated Fish Oil Market research report and forecasts for the industry for next eight years. The company predicts that by 2032, there will be a XX% increase in global demand and market will grow with a CAGR of XX%.  With this forecast, the future of Concentrated Fish Oil market looks bright. The research report on Concentrated Fish...

The need to find sustainable and alternative sources of protein has arisen due to the increasing need for animal feed on a worldwide scale, which is a result of population growth and rising meat consumption. With so much to offer in terms of environmental and animal health advantages, edible insects have become a viable alternative. Using insects as animal feed not only solves the problems with...

The Global Feed Additives Market is undergoing a significant transformation, propelled by the growing demand for animal protein, increased awareness regarding livestock health, and the surge in consumer preferences for sustainable agricultural practices. As we delve deeper into this evolving landscape, it's evident that feed additives are not just supplementary elements in animal diets but...