Astaxanthin Market Share, Size, Trends | 2028
Astaxanthin Market The Astaxanthin Market is estimated to expand at a significant CAGR over the forecast period The factors driving the growth of Astaxanthin Market includes growing demand for fortified food and beverages around the world, rising consciousness amongst consumers about adopting healthy lifestyles and rapid industrialization of feed industry. According to the report published by Statista, the market size of Flavored vitamin Fortified, and Mineral Enriched Food and Beverage in the Latin American region was estimated around USD 7.55 billion in 2018 and is predicted to reach USD 10.9 billion by the end of 2023, which will boost the Global Astaxanthin Market in the approaching years. Moreover, rising awareness about the health benefits of natural astaxanthin, growing use of astaxanthin in the dietary supplements and increase in the number of chronic diseases such as Cancer, Cardiovascular Diseases (CVDs) and Diabetes, are some of the additional factors supplementing th...