Mexico Astaxanthin Market Size & Outlook, 2026-2033
Related Markets
Mexico astaxanthin market highlights
- The Mexico astaxanthin market generated a revenue of USD 17.1 million in 2025 and is expected to reach USD 43.1 million by 2033.
- The Mexico market is expected to grow at a CAGR of 11.5% from 2026 to 2033.
- In terms of segment, natural was the largest revenue generating source in 2025.
- Natural is the most lucrative source segment registering the fastest growth during the forecast period.
Astaxanthin market data book summary
| Market revenue in 2025 | USD 17.1 million |
| Market revenue in 2033 | USD 43.1 million |
| Growth rate | 11.5% (CAGR from 2026 to 2033) |
| Largest segment | Natural |
| Fastest growing segment | Natural |
| Historical data | 2021 - 2024 |
| Base year | 2025 |
| Forecast period | 2026 - 2033 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Synthetic, Natural |
| 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, Mexico accounted for 0.9% of the global astaxanthin market in 2025.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2033.
- In North America, U.S. astaxanthin market is projected to lead the regional market in terms of revenue in 2033.
- Mexico is the fastest growing regional market in North America and is projected to reach USD 43.1 million by 2033.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Astaxanthin Market Scope
Astaxanthin Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| ENEOS Holdings Inc | View profile | 57625 | 1-2 Otemachi 1-chome, Chiyoda-ku, Tokyo, Japan | https://www.hd.eneos.co.jp |
| Beijing Jingneng Clean Energy Co Ltd Class H | View profile | 3301 | No. 6 Xibahe Road, 7/8/9 Floor, Chaoyang District, Beijing, China, People's Republic of, 100028 | https://www.jncec.com |
| Cyanotech Corp | View profile | 86 | 73-4460 Queen Kaahumanu Highway, Suite 102, Kailua-Kona, HI, United States, 96740 | https://www.cyanotech.com |
| Alvotech | View profile | 999 | 9, rue de Bitbourg, Luxembourg, Luxembourg, L-1273 | https://www.alvotech.com |
| FUJIFILM Holdings Corp | View profile | 83784 | 7-3, Akasaka 9-chome, Minato-ku, Tokyo, Japan, 107-0052 | http://www.fujifilmholdings.com |
Mexico 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 74.27% in 2025. Horizon Databook has segmented the Mexico astaxanthin market based on synthetic, natural covering the revenue growth of each sub-segment from 2021 to 2033.
In Mexico, the astaxanthin market is gaining traction due to the burgeoning aquaculture industry, which extensively uses astaxanthin as a feed additive for improving pigmentation and health in shrimp and fish. This demand is complemented by the growing nutraceuticals and cosmetics segments, fueled by increasing health consciousness and disposable incomes among consumers.
Synthetic astaxanthin remains prevalent in aquaculture, but natural alternatives like krill/shrimp and microalgae are gaining momentum due to global sustainability trends. Competitive dynamics in Mexico include strong participation from international suppliers like Cyanotech Corporation and PIVEG, Inc., leveraging Mexico's strategic location for export and local distribution.
The country offers growth opportunities in the animal feed sector as aquaculture continues to expand, particularly in regions like Sinaloa and Jalisco. Similarly, the rising adoption of astaxanthin in food and beverage applications reflects a growing market for functional foods.
Reasons to subscribe to Mexico astaxanthin market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Mexico astaxanthin market databook
-
Our clientele includes a mix of astaxanthin market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Mexico astaxanthin market , including forecasts for subscribers. This country databook contains high-level insights into Mexico astaxanthin market from 2021 to 2033, including revenue numbers, major trends, and company profiles.
Partial client list
Mexico astaxanthin market size, by source, 2021-2033 (US$M)
Mexico Astaxanthin Market Outlook Share, 2025 & 2033 (US$M)
Related industry reports
Related statistics
No records
No related statistics found.
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
