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...