Increasing Pharmaceutical Applications are expected to be the Major Astaxanthin Market Driver
The class of carotenoids known as xanthophylls includes
astaxanthin. It is a naturally occurring reddish pigment that gives salmon,
lobster, shrimp, and other shellfish a pink-red hue. Due to its simplicity of
access and advantageous effects on the cardiovascular system, the product is used
as a dietary supplement. Additionally, compared to other carotenoids like
lutein and lycopene, the product is thought to be about 500 times stronger than
vitamin E.
These supplements offer a wide range of cost-effective
health advantages, including immune system boosting and the reduction of
cholesterol, blood pressure, rheumatic diseases, migraine headaches, and
cognitive disorders.
The item may have anti-oxidant qualities that can protect
human cells from oxidation and inflammation. Therefore, the increasing demand
for natural antioxidants in the formulation of animal and human nutrition would
create a wide range of opportunities for key industry players. The Astaxanthin market expansion for
astaxanthin has been aided by the widespread use of the product as a notable
ingredient, particularly in aquafeed. The demand for astaxanthin as a pigment
colouring ingredient is increasingly increasing as government support for
encouraging aquaculture grows. However, the extraction technique' high
production costs result in higher product pricing. Another issue that is having
a detrimental effect on the expansion of the astaxanthin sector is the strict
regulations regulating its use in products intended for human consumption.
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