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Astaxanthin Market is expected to USD 814.1 Million by 2022

June 16th, 2017 | No Comments | Posted in Algae Non fuel products

The global astaxanthin market is expected to grow at a CAGR of 8.02% to reach a value of US$ 814.1 million by 2022. The expanding end use applications of astaxanthin, rising awareness about nutraceuticals and the growing demand for antioxidants in human and animal nutrition are some of the main drivers for the growth of this market.

Among the applications, the dietary supplements sector is expected to witness a good growth in the coming years.

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