PUBLISHER: Grand View Research | PRODUCT CODE: 1813843
PUBLISHER: Grand View Research | PRODUCT CODE: 1813843
Asia Pacific Astaxanthin Market Size, Share & Trends Analysis Report By Source (Natural, Synthetic), By Product (Oil, Softgel, Liquid), By Application, By Region, And Segment Forecasts, Key Companies And Competitive Analysis, 2025 - 2033
Asia Pacific Astaxanthin Market Trends:
The Asia Pacific astaxanthin market size was estimated at USD 446.29 million in 2024 and is projected to reach USD 1,467.75 million by 2033, growing at a CAGR of 13.81% from 2025 to 2033. Rising awareness of antioxidant-rich supplements among health-conscious consumers is accelerating market demand, especially in Japan, China, South Korea, and India. Astaxanthin is gaining traction in the dietary supplement segment because it reduces oxidative stress, supports immune health, and improves skin condition.
In April2025, a Randomized double-blind, placebo-controlled trial published that AstaReal found that daily intake of 4 mg natural astaxanthin for 84 days significantly reduced eye strain in school-aged children, with up to 27% improvement in tear production, pupillary reflex, and stereopsis. These findings supported its adoption in eye health-focused nutraceuticals. In addition, growing aging populations, increased product availability in various formats, rising e-commerce penetration, and higher disposable incomes across emerging markets collectively drive long-term regional growth.
Cosmetic applications of astaxanthin are expanding across the region, contributing to the market's upward trend. Demand for natural and marine-based ingredients in skincare is fueling product innovation among regional manufacturers. Astaxanthin's properties in reducing wrinkles, improving skin elasticity, and protecting against UV damage are gaining popularity in both men's and women's personal care products. Cosmetic brands in Asia Pacific are launching creams, serums, and masks featuring astaxanthin to meet consumer preference for natural actives. For instance, in 2024, Noromega introduced its flagship Superior-A astaxanthin capsules at Vitafoods Asia in Bangkok, targeting the booming Southeast Asian beauty-from-within segment and bringing Nordic-sourced astaxanthin into the regional market.
Countries such as South Korea and Japan are at the forefront of this trend due to their established beauty industries and advanced R&D capabilities. Strategic collaborations between biotechnology firms and cosmetic companies enable new formulations to reach the market faster. The trend toward personalized skincare is further pushing demand for effective and scientifically backed ingredients.
The aquaculture and animal feed industries in the Asia Pacific also contribute to market growth. Astaxanthin is widely used to enhance pigmentation, fertility, and immunity in farmed fish and shrimp, particularly in salmon and trout farming. The increasing focus on improving feed quality and yield efficiency encourages using high-grade carotenoids. Expanding aquaculture operations in China, India, and Southeast Asia are creating consistent demand for astaxanthin-based additives. In addition, poultry producers are incorporating astaxanthin into feed to improve yolk color and support animal health. The growing shift toward sustainable aquafeed solutions is opening opportunities for natural astaxanthin sourced from algae. Regulatory approvals for astaxanthin usage in feed applications further support commercial adoption in this sector.
Astaxanthin is a potent antioxidant that provides comprehensive health benefits across various systems in the body. Its strong antioxidant capacity helps neutralize harmful free radicals, which supports cellular integrity and slows age-related damage. For the skin, astaxanthin improves hydration, elasticity, and protects against UV-induced aging. In terms of eye health, it helps reduce eye fatigue and protects retinal cells from oxidative stress, promoting clearer vision. It also benefits the immune system by enhancing the activity of natural killer cells and reducing inflammation. Astaxanthin reduces soreness, improves recovery after exercise, and supports joint flexibility in muscles and joints. In addition, it contributes to cardiovascular health by improving lipid profiles and maintaining healthy blood pressure. Brain health is also positively affected, as astaxanthin crosses the blood-brain barrier to protect neurons from oxidative damage, potentially aiding cognitive function. Its multifunctional effects make it a valuable supplement for overall wellness and long-term health maintenance.
Asia Pacific Astaxanthin Market Report Segmentation
This report forecasts revenue growth at regional levels and provides an analysis of the latest industry trends in each of the sub-segments from 2021 to 2033. For this study, Grand View Research has segmented the Asia Pacific astaxanthin market report based on source, product, application, and country:
- Source Outlook (Revenue, USD Million, 2021 - 2033)
- Natural
- Yeast
- Krill/Shrimp
- Microalgae
- Others
- Synthetic
- Product Outlook (Revenue, USD Million, 2021 - 2033)
- Dried Algae Meal or Biomass
- Oil
- Softgel
- Liquid
- Others
- Application Outlook (Revenue, USD Million, 2021 - 2033)
- Nutraceuticals
- Cosmetics
- Aquaculture and Animal Feed
- Food
- Functional Foods and Beverages
- Other Traditional Food Manufacturing Applications
- Others
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation & Scope
- 1.2. Segment Definitions
- 1.2.1. Source
- 1.2.2. Product
- 1.2.3. Application
- 1.3. Estimates and Forecast Timeline
- 1.4. Research Methodology
- 1.5. Information Procurement
- 1.5.1. Purchased Database
- 1.5.2. GVR's Internal Database
- 1.5.3. Secondary Sources
- 1.5.4. Primary Research
- 1.6. Information Analysis
- 1.6.1. Data Analysis Models
- 1.7. Market Formulation & Data Visualization
- 1.8. Model Details
- 1.8.1. Commodity Flow Analysis
- 1.9. List of Secondary Sources
- 1.10. Objectives
Chapter 2. Executive Summary
- 2.1. Market Snapshot
- 2.2. Segment Snapshot
- 2.3. Competitive Landscape Snapshot
Chapter 3. Asia Pacific Astaxanthin Market Variables, Trends, & Scope
- 3.1. Market Lineage Outlook
- 3.2. Market Dynamics
- 3.2.1. Market Driver Analysis
- 3.2.2. Market Restraint Analysis
- 3.3. Business Environment Analysis
- 3.3.1. Industry Analysis - Porter's Five Forces Analysis
- 3.3.1.1. Supplier Power
- 3.3.1.2. Buyer Power
- 3.3.1.3. Substitution Threat
- 3.3.1.4. Threat of New Entrants
- 3.3.1.5. Competitive Rivalry
- 3.3.2. PESTLE Analysis
- 3.3.3. Pipeline Analysis
- 3.3.4. Patent Expiry Analysis
- 3.3.5. Pricing Analysis
- 3.3.1. Industry Analysis - Porter's Five Forces Analysis
Chapter 4. Asia Pacific Astaxanthin Market: Source Business Analysis
- 4.1. Source Market Share, 2024 & 2033
- 4.2. Source Segment Dashboard
- 4.3. Market Size & Forecasts and Trend Analysis, by Source, 2021 to 2033 (USD Million)
- 4.4. Natural
- 4.4.1. Natural Market, 2021 - 2033 (USD Million)
- 4.4.2. Yeast
- 4.4.2.1. Yeast Market, 2021 - 2033 (USD Million)
- 4.4.3. Krill/Shrimp
- 4.4.3.1. Krill/Shrimp Market, 2021 - 2033 (USD Million)
- 4.4.4. Microalgae
- 4.4.4.1. Microalgae Market, 2021 - 2033 (USD Million)
- 4.4.5. Others
- 4.4.5.1. Others Market, 2021 - 2033 (USD Million)
- 4.5. Synthetic
- 4.5.1. Synthetic Market, 2021 - 2033 (USD Million)
Chapter 5. Asia Pacific Astaxanthin Market: Product Business Analysis
- 5.1. Product Market Share, 2024 & 2033
- 5.2. Product Segment Dashboard
- 5.3. Market Size & Forecasts and Trend Analysis, by Product, 2021 to 2033 (USD Million)
- 5.4. Dried Algae Meal or Biomass
- 5.4.1. Dried Algae Meal or Biomass Market, 2021 - 2033 (USD Million)
- 5.5. Oil
- 5.5.1. Oil Market, 2021 - 2033 (USD Million)
- 5.6. Softgel
- 5.6.1. Softgel Market, 2021 - 2033 (USD Million)
- 5.7. Liquid
- 5.7.1. Liquid Market, 2021 - 2033 (USD Million)
- 5.8. Others
- 5.8.1. Others Market, 2021 - 2033 (USD Million)
Chapter 6. Asia Pacific Astaxanthin Market: Application Business Analysis
- 6.1. Application Market Share, 2024 & 2033
- 6.2. Application Segment Dashboard
- 6.3. Market Size & Forecasts and Trend Analysis, by Application, 2021 to 2033 (USD Million)
- 6.4. Nutraceuticals
- 6.4.1. Nutraceuticals Market, 2021 - 2033 (USD Million)
- 6.5. Cosmetics
- 6.5.1. Cosmetics Market, 2021 - 2033 (USD Million)
- 6.6. Aquaculture and Animal Feed
- 6.6.1. Aquaculture and Animal Feed Market, 2021 - 2033 (USD Million)
- 6.7. Food
- 6.7.1. Food Market, 2021 - 2033 (USD Million)
- 6.7.2. Functional Foods and Beverages
- 6.7.2.1. Functional Foods and Beverages Market, 2021 - 2033 (USD Million)
- 6.7.3. Other Traditional Food Manufacturing Applications
- 6.7.3.1. Other Traditional Food Manufacturing Applications Market, 2021 - 2033 (USD Million)
- 6.8. Others
- 6.8.1. Others Market, 2021 - 2033 (USD Million)
Chapter 7. Competitive Landscape
- 7.1. Participant Overview
- 7.2. Company Market Position Analysis
- 7.3. Company Categorization
- 7.4. Strategy Mapping
- 7.5. Company Profiles/Listing
- 7.5.1. Algatech Ltd
- 7.5.1.1. Overview
- 7.5.1.2. Financial Performance
- 7.5.1.3. Product Benchmarking
- 7.5.1.4. Strategic Initiatives
- 7.5.2. Cyanotech Corporation
- 7.5.2.1. Overview
- 7.5.2.2. Financial Performance
- 7.5.2.3. Product Benchmarking
- 7.5.2.4. Strategic Initiatives
- 7.5.3. Algalif Iceland ehf
- 7.5.3.1. Overview
- 7.5.3.2. Financial Performance
- 7.5.3.3. Product Benchmarking
- 7.5.3.4. Strategic Initiatives
- 7.5.4. Beijing Gingko Group (BGG)
- 7.5.4.1. Overview
- 7.5.4.2. Financial Performance
- 7.5.4.3. Product Benchmarking
- 7.5.4.4. Strategic Initiatives
- 7.5.5. PIVEG, Inc.
- 7.5.5.1. Overview
- 7.5.5.2. Financial Performance
- 7.5.5.3. Product Benchmarking
- 7.5.5.4. Strategic Initiatives
- 7.5.6. Fuji Chemical Industries Co., Ltd
- 7.5.6.1. Overview
- 7.5.6.2. Financial Performance
- 7.5.6.3. Product Benchmarking
- 7.5.6.4. Strategic Initiatives
- 7.5.7. ENEOS Corporation
- 7.5.7.1. Overview
- 7.5.7.2. Financial Performance
- 7.5.7.3. Product Benchmarking
- 7.5.7.4. Strategic Initiatives
- 7.5.8. Atacama Bio Natural Products S.A.
- 7.5.8.1. Overview
- 7.5.8.2. Financial Performance
- 7.5.8.3. Product Benchmarking
- 7.5.8.4. Strategic Initiatives
- 7.5.9. E.I.D. - Parry (India) Limited
- 7.5.9.1. Overview
- 7.5.9.2. Financial Performance
- 7.5.9.3. Product Benchmarking
- 7.5.9.4. Strategic Initiatives
- 7.5.10. ALGAMO
- 7.5.10.1. Overview
- 7.5.10.2. Financial Performance
- 7.5.10.3. Product Benchmarking
- 7.5.10.4. Strategic Initiatives
- 7.5.1. Algatech Ltd
List of Tables
- Table 1 List of secondary sources
- Table 2 List of abbreviations
- Table 3 Asia Pacific astaxanthin market, by Source, 2021 - 2033 (USD Million)
- Table 4 Asia Pacific astaxanthin market, by Product, 2021 - 2033 (USD Million)
- Table 5 Asia Pacific astaxanthin market, by Application, 2021 - 2033 (USD Million)
- Table 6 Japan astaxanthin market, by Source, 2021 - 2033 (USD Million)
- Table 7 Japan astaxanthin market, by Product, 2021 - 2033 (USD Million)
- Table 8 Japan astaxanthin market, by Application, 2021 - 2033 (USD Million)
- Table 9 China astaxanthin market, by Source, 2021 - 2033 (USD Million)
- Table 10 China astaxanthin market, by Product, 2021 - 2033 (USD Million)
- Table 11 China astaxanthin market, by Application, 2021 - 2033 (USD Million)
- Table 12 India astaxanthin market, by Source, 2021 - 2033 (USD Million)
- Table 13 India astaxanthin market, by Product, 2021 - 2033 (USD Million)
- Table 14 India astaxanthin market, by Application, 2021 - 2033 (USD Million)
- Table 15 South Korea astaxanthin market, by Source, 2021 - 2033 (USD Million)
- Table 16 South Korea astaxanthin market, by Product, 2021 - 2033 (USD Million)
- Table 17 South Korea astaxanthin market, by Application, 2021 - 2033 (USD Million)
- Table 18 Australia astaxanthin market, by Source, 2021 - 2033 (USD Million)
- Table 19 Australia astaxanthin market, by Product, 2021 - 2033 (USD Million)
- Table 20 Australia astaxanthin market, by Application, 2021 - 2033 (USD Million)
- Table 21 Thailand astaxanthin market, by Source, 2021 - 2033 (USD Million)
- Table 22 Thailand astaxanthin market, by Product, 2021 - 2033 (USD Million)
- Table 23 Thailand astaxanthin market, by Application, 2021 - 2033 (USD Million)
List of Figures
- Fig. 1 Asia Pacific astaxanthin market segmentation
- Fig. 2 Market research process
- Fig. 3 Data triangulation techniques
- Fig. 4 Primary research pattern
- Fig. 5 Market research approaches
- Fig. 6 Value-chain-based sizing & forecasting
- Fig. 7 Market formulation & validation
- Fig. 8 Market snapshot
- Fig. 9 Competitive landscape
- Fig. 10 Asia Pacific astaxanthin market dynamics
- Fig. 11 Asia Pacific astaxanthin market: Porter's five forces analysis
- Fig. 12 Asia Pacific astaxanthin market: PESTLE analysis
- Fig. 13 Source market, 2021 - 2033 (USD Million)
- Fig. 14 Natural market, 2021 - 2033 (USD Million)
- Fig. 15 Yeast market, 2021 - 2033 (USD Million)
- Fig. 16 Krill/Shrimp market, 2021 - 2033 (USD Million)
- Fig. 17 Microalgae market, 2021 - 2033 (USD Million)
- Fig. 18 Others market, 2021 - 2033 (USD Million)
- Fig. 19 Synthetic market, 2021 - 2033 (USD Million)
- Fig. 20 Product market, 2021 - 2033 (USD Million)
- Fig. 21 Dried algae meal or biomass market, 2021 - 2033 (USD Million)
- Fig. 22 Oil market, 2021 - 2033 (USD Million)
- Fig. 23 Softgel market, 2021 - 2033 (USD Million)
- Fig. 24 Liquid market, 2021 - 2033 (USD Million)
- Fig. 25 Others market, 2021 - 2033 (USD Million)
- Fig. 26 Application market, 2021 - 2033 (USD Million)
- Fig. 27 Nutraceuticals market, 2021 - 2033 (USD Million)
- Fig. 28 Cosmetics market, 2021 - 2033 (USD Million)
- Fig. 29 Aquaculture and animal feed market, 2021 - 2033 (USD Million)
- Fig. 30 Food market, 2021 - 2033 (USD Million)
- Fig. 31 Functional foods and beverages market, 2021 - 2033 (USD Million)
- Fig. 32 Other traditional food manufacturing applications market, 2021 - 2033 (USD Million)
- Fig. 33 Others market, 2021 - 2033 (USD Million)
- Fig. 34 Asia Pacific Astaxanthin market revenue, by country
- Fig. 35 Country marketplace: Key takeaways
- Fig. 36 Japan country dynamics
- Fig. 37 Japan Astaxanthin market, 2021 - 2033 (USD Million)
- Fig. 38 China country dynamics
- Fig. 39 China Astaxanthin market, 2021 - 2033 (USD Million)
- Fig. 40 India country dynamics
- Fig. 41 India Astaxanthin market, 2021 - 2033 (USD Million)
- Fig. 42 South Korea country dynamics
- Fig. 43 South Korea Astaxanthin market, 2021 - 2033 (USD Million)
- Fig. 44 Australia country dynamics
- Fig. 45 Australia Astaxanthin market, 2021 - 2033 (USD Million)
- Fig. 46 Thailand country dynamics
- Fig. 47 Thailand Astaxanthin market, 2021 - 2033 (USD Million)
