France Astaxanthin Market Size & Outlook, 2023-2030
France astaxanthin market, 2018-2030 (US$M)
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France astaxanthin market highlights
- The France astaxanthin market generated a revenue of USD 116.3 million in 2023 and is expected to reach USD 376.8 million by 2030.
- The France market is expected to grow at a CAGR of 18.3% from 2024 to 2030.
- In terms of segment, natural was the largest revenue generating source in 2023.
- Natural is the most lucrative source segment registering the fastest growth during the forecast period.
Astaxanthin market data book summary
| Market revenue in 2023 | USD 116.3 million |
| Market revenue in 2030 | USD 376.8 million |
| Growth rate | 18.3% (CAGR from 2023 to 2030) |
| Largest segment | Natural |
| Fastest growing segment | Natural |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Natural, Synthetic |
| Key market players worldwide | Alvotech, Cyanotech Corp, Beijing Jingneng Clean Energy Co Ltd Class H, ENEOS Holdings Inc, FUJIFILM Holdings Corp |
Other key industry trends
- In terms of revenue, France accounted for 5.0% of the global astaxanthin market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany astaxanthin market is projected to lead the regional market in terms of revenue in 2030.
- UK is the fastest growing regional market in Europe and is projected to reach USD 280.0 million by 2030.
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Astaxanthin Market Scope
Astaxanthin Market Companies
| Name | Profile | # Employees | HQ | Website |
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France astaxanthin market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to astaxanthin market will help companies and investors design strategic landscapes.
Natural was the largest segment with a revenue share of 57.44% in 2023. Horizon Databook has segmented the France astaxanthin market based on natural, synthetic covering the revenue growth of each sub-segment from 2018 to 2030.
Key market players dominating the France astaxanthin market include Solabia Group, Bioiberica, and Algatech LTD. The France astaxanthin market is driven by increasing demand for natural ingredients and supplements that offer health benefits such as antioxidant properties, anti-inflammatory effects, and support for cardiovascular & immune health.
As a result, there is a growing interest in astaxanthin as a natural and effective ingredient in supplements and food products. In addition to the above key players, several other companies are operating in France astaxanthin market, including both local and international players.
The competitive scenario is likely to be strong in the coming years, with companies focusing on developing innovative products and expanding their market reach to meet the growing demand for natural and healthy ingredients.
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Horizon Databook provides a detailed overview of country-level data and insights on the France astaxanthin market , including forecasts for subscribers. This country databook contains high-level insights into France astaxanthin market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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France astaxanthin market size, by source, 2018-2030 (US$M)
France Astaxanthin Market Outlook Share, 2023 & 2030 (US$M)
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