The global astaxanthin market sales are estimated to be worth US$ 273.2 million in 2024. The astaxanthin market is set to reach US$ 665.0 million by 2034. It is projected to surge at a CAGR of 9.3% in the forecast period 2024 to 2034. The astaxanthin market is projected to rise due to increasing consumer awareness of …
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Astaxanthin Market Set to Reach US$ 3.6 Billion by 2033, Driven by Expanding Applications and Robust CAGR of 14.9%
The global astaxanthin market is predicted to register a robust CAGR of 14.9% over the forecast period, as per FMI’s analysis. The industry’s size is anticipated to increase from US$ 910.3 million in 2023 to US$ 3,636.8 million by 2033 end. Demand for astaxanthin is projected to rise on account of its multiple applications in nutraceuticals, pharmaceuticals, feed industries, etc. Moreover, the distinct …
Growing Demand for Innovative Food Items among Conscious Consumers to Push Sales of Astaxanthin Market Anticipated to Expand at 14.9% CAGR
The global astaxanthin market is predicted to register a robust CAGR of 14.9% over the forecast period, as per FMI’s analysis. The industry’s size is anticipated to increase from US$ 910.3 million in 2023 to US$ 3,636.8 million by 2033 end. Demand for astaxanthin is projected to rise on account of its multiple applications in …