Global Haematococcus Pluvialis Astaxanthin Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029
Page: 107
Published Date: 05 Sep 2023
Category: Chemical & Material
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- Description
- Table of Contents
- Table of Figures
- Research Methodology
- Companies Mentioned
- Related Reports
- Product Tags
Description
According to our (Global Info Research) latest study, the global Haematococcus Pluvialis Astaxanthin market size was valued at USD 119 million in 2022 and is forecast to a readjusted size of USD 233.1 million by 2029 with a CAGR of 10.1% during review period.
The Haematococcus Pluvialis Astaxanthin market, which involves the production and sale of astaxanthin derived from the microalga Haematococcus pluvialis, is influenced by several drivers and restrictions. These factors impact the growth and development of the market. Here are some key drivers and restrictions affecting the Haematococcus Pluvialis Astaxanthin market:
Drivers:
Health and Wellness Trends: Growing consumer awareness of the health benefits of astaxanthin, such as its antioxidant properties and potential anti-inflammatory effects, drives demand for products containing this ingredient.
Nutraceuticals and Dietary Supplements: Astaxanthin is used as a key ingredient in dietary supplements, nutraceuticals, and functional foods, contributing to market growth.
Cosmetic and Skincare Applications: The use of astaxanthin in cosmetic and skincare products due to its potential skin benefits, including UV protection and anti-aging properties, drives demand in the beauty industry.
Animal Feed and Aquaculture: Astaxanthin is used as a feed additive in aquaculture and animal husbandry to enhance the color of fish and poultry, leading to increased demand.
Natural Colorant: Astaxanthin serves as a natural colorant in food and beverage applications, particularly in the seafood industry for enhancing the color of salmon and shrimp.
Research and Clinical Studies: Ongoing research and clinical studies on the health benefits of astaxanthin continue to validate its potential, boosting market growth.
Regulatory Approvals: Regulatory approvals for astaxanthin use in various applications, such as dietary supplements and food products, facilitate market expansion.
Sustainability Initiatives: Sustainable production methods, such as closed-loop cultivation systems and the use of renewable energy sources, contribute to a positive market image.
Restrictions:
Production Challenges: The cultivation of Haematococcus pluvialis and extraction of astaxanthin can be technically challenging and require specialized equipment and expertise.
Price Volatility: The price of astaxanthin can be volatile due to fluctuations in the supply of Haematococcus pluvialis biomass and variations in market demand.
Market Competition: The market for astaxanthin is competitive, with various manufacturers offering products, which can lead to pricing pressures and the need for differentiation.
Regulatory Compliance: Meeting regulatory standards and requirements, including product safety and labeling regulations, can be complex and costly.
Consumer Education: Educating consumers about the benefits and sources of astaxanthin products may be necessary to increase awareness and demand.
Environmental Impact: Sustainable cultivation practices and minimizing the environmental footprint of Haematococcus pluvialis production are important considerations to address environmental concerns.
Technological Advancements: Keeping up with technological advancements in cultivation, extraction, and formulation methods is crucial to remain competitive.
Supply Chain Vulnerabilities: Supply chain disruptions, such as disruptions in biomass supply or transportation issues, can affect the availability and pricing of astaxanthin.
Despite these restrictions, the Haematococcus Pluvialis Astaxanthin market is expected to continue growing as the demand for natural antioxidants, nutraceuticals, and cosmetic ingredients remains strong. Addressing challenges related to production, price volatility, regulatory compliance, and consumer education while embracing sustainability initiatives and technological advancements will be essential for the sustained growth of this market.
The Global Info Research report includes an overview of the development of the Haematococcus Pluvialis Astaxanthin industry chain, the market status of Feed (2% Astaxanthin Powder, 2.5% Astaxanthin Powder), Nutraceuticals (2% Astaxanthin Powder, 2.5% Astaxanthin Powder), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Haematococcus Pluvialis Astaxanthin.
Regionally, the report analyzes the Haematococcus Pluvialis Astaxanthin markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Haematococcus Pluvialis Astaxanthin market, with robust domestic demand, supportive policies, and a strong manufacturing base.
Key Features:
The report presents comprehensive understanding of the Haematococcus Pluvialis Astaxanthin market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Haematococcus Pluvialis Astaxanthin industry.
The report involves analyzing the market at a macro level:
Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (Tons), revenue generated, and market share of different by Type (e.g., 2% Astaxanthin Powder, 2.5% Astaxanthin Powder).
Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Haematococcus Pluvialis Astaxanthin market.
Regional Analysis: The report involves examining the Haematococcus Pluvialis Astaxanthin market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.
Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Haematococcus Pluvialis Astaxanthin market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.
The report also involves a more granular approach to Haematococcus Pluvialis Astaxanthin:
Company Analysis: Report covers individual Haematococcus Pluvialis Astaxanthin manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.
Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Haematococcus Pluvialis Astaxanthin This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Feed, Nutraceuticals).
Technology Analysis: Report covers specific technologies relevant to Haematococcus Pluvialis Astaxanthin. It assesses the current state, advancements, and potential future developments in Haematococcus Pluvialis Astaxanthin areas.
Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Haematococcus Pluvialis Astaxanthin market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.
Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.
Market Segmentation
Haematococcus Pluvialis Astaxanthin market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Market segment by Type
2% Astaxanthin Powder
2.5% Astaxanthin Powder
3% Astaxanthin Powder
5% Astaxanthin Powder
10% Astaxanthin Powder
5% Astaxanthin Oleoresin
10% Astaxanthin Oleoresin
Beadlets
Others
Market segment by Application
Feed
Nutraceuticals
Cosmetics
Food & Beverages
Others
Major players covered
Cyanotech Corporation
Fuji Chemical Industries Co., Ltd.
Divi's Laboratories Limited
BGG
Yunnan Alphy Biotech Co., Ltd.
ENEOS Corporation
Jingzhou Natural Astaxanthin, Inc.
Parry Nutraceuticals
AlgaTechnologies Ltd.
Biogenic Co., Ltd.
Nextperm Technologies Ltd.
Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Haematococcus Pluvialis Astaxanthin product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Haematococcus Pluvialis Astaxanthin, with price, sales, revenue and global market share of Haematococcus Pluvialis Astaxanthin from 2018 to 2023.
Chapter 3, the Haematococcus Pluvialis Astaxanthin competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Haematococcus Pluvialis Astaxanthin breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2018 to 2029.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2018 to 2029.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2022.and Haematococcus Pluvialis Astaxanthin market forecast, by regions, type and application, with sales and revenue, from 2024 to 2029.
Chapter 12, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Haematococcus Pluvialis Astaxanthin.
Chapter 14 and 15, to describe Haematococcus Pluvialis Astaxanthin sales channel, distributors, customers, research findings and conclusion.
Table of Contents
1 Market Overview
1.1 Product Overview and Scope of Haematococcus Pluvialis Astaxanthin
1.2 Market Estimation Caveats and Base Year
1.3 Market Analysis by Type
1.3.1 Overview: Global Haematococcus Pluvialis Astaxanthin Consumption Value by Type: 2018 Versus 2022 Versus 2029
1.3.2 2% Astaxanthin Powder
1.3.3 2.5% Astaxanthin Powder
1.3.4 3% Astaxanthin Powder
1.3.5 5% Astaxanthin Powder
1.3.6 10% Astaxanthin Powder
1.3.7 5% Astaxanthin Oleoresin
1.3.8 10% Astaxanthin Oleoresin
1.3.9 Beadlets
1.3.10 Others
1.4 Market Analysis by Application
1.4.1 Overview: Global Haematococcus Pluvialis Astaxanthin Consumption Value by Application: 2018 Versus 2022 Versus 2029
1.4.2 Feed
1.4.3 Nutraceuticals
1.4.4 Cosmetics
1.4.5 Food & Beverages
1.4.6 Others
1.5 Global Haematococcus Pluvialis Astaxanthin Market Size & Forecast
1.5.1 Global Haematococcus Pluvialis Astaxanthin Consumption Value (2018 & 2022 & 2029)
1.5.2 Global Haematococcus Pluvialis Astaxanthin Sales Quantity (2018-2029)
1.5.3 Global Haematococcus Pluvialis Astaxanthin Average Price (2018-2029)
2 Manufacturers Profiles
2.1 Cyanotech Corporation
2.1.1 Cyanotech Corporation Details
2.1.2 Cyanotech Corporation Major Business
2.1.3 Cyanotech Corporation Haematococcus Pluvialis Astaxanthin Product and Services
2.1.4 Cyanotech Corporation Haematococcus Pluvialis Astaxanthin Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.1.5 Cyanotech Corporation Recent Developments/Updates
2.2 Fuji Chemical Industries Co., Ltd.
2.2.1 Fuji Chemical Industries Co., Ltd. Details
2.2.2 Fuji Chemical Industries Co., Ltd. Major Business
2.2.3 Fuji Chemical Industries Co., Ltd. Haematococcus Pluvialis Astaxanthin Product and Services
2.2.4 Fuji Chemical Industries Co., Ltd. Haematococcus Pluvialis Astaxanthin Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.2.5 Fuji Chemical Industries Co., Ltd. Recent Developments/Updates
2.3 Divi's Laboratories Limited
2.3.1 Divi's Laboratories Limited Details
2.3.2 Divi's Laboratories Limited Major Business
2.3.3 Divi's Laboratories Limited Haematococcus Pluvialis Astaxanthin Product and Services
2.3.4 Divi's Laboratories Limited Haematococcus Pluvialis Astaxanthin Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.3.5 Divi's Laboratories Limited Recent Developments/Updates
2.4 BGG
2.4.1 BGG Details
2.4.2 BGG Major Business
2.4.3 BGG Haematococcus Pluvialis Astaxanthin Product and Services
2.4.4 BGG Haematococcus Pluvialis Astaxanthin Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.4.5 BGG Recent Developments/Updates
2.5 Yunnan Alphy Biotech Co., Ltd.
2.5.1 Yunnan Alphy Biotech Co., Ltd. Details
2.5.2 Yunnan Alphy Biotech Co., Ltd. Major Business
2.5.3 Yunnan Alphy Biotech Co., Ltd. Haematococcus Pluvialis Astaxanthin Product and Services
2.5.4 Yunnan Alphy Biotech Co., Ltd. Haematococcus Pluvialis Astaxanthin Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.5.5 Yunnan Alphy Biotech Co., Ltd. Recent Developments/Updates
2.6 ENEOS Corporation
2.6.1 ENEOS Corporation Details
2.6.2 ENEOS Corporation Major Business
2.6.3 ENEOS Corporation Haematococcus Pluvialis Astaxanthin Product and Services
2.6.4 ENEOS Corporation Haematococcus Pluvialis Astaxanthin Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.6.5 ENEOS Corporation Recent Developments/Updates
2.7 Jingzhou Natural Astaxanthin, Inc.
2.7.1 Jingzhou Natural Astaxanthin, Inc. Details
2.7.2 Jingzhou Natural Astaxanthin, Inc. Major Business
2.7.3 Jingzhou Natural Astaxanthin, Inc. Haematococcus Pluvialis Astaxanthin Product and Services
2.7.4 Jingzhou Natural Astaxanthin, Inc. Haematococcus Pluvialis Astaxanthin Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.7.5 Jingzhou Natural Astaxanthin, Inc. Recent Developments/Updates
2.8 Parry Nutraceuticals
2.8.1 Parry Nutraceuticals Details
2.8.2 Parry Nutraceuticals Major Business
2.8.3 Parry Nutraceuticals Haematococcus Pluvialis Astaxanthin Product and Services
2.8.4 Parry Nutraceuticals Haematococcus Pluvialis Astaxanthin Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.8.5 Parry Nutraceuticals Recent Developments/Updates
2.9 AlgaTechnologies Ltd.
2.9.1 AlgaTechnologies Ltd. Details
2.9.2 AlgaTechnologies Ltd. Major Business
2.9.3 AlgaTechnologies Ltd. Haematococcus Pluvialis Astaxanthin Product and Services
2.9.4 AlgaTechnologies Ltd. Haematococcus Pluvialis Astaxanthin Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.9.5 AlgaTechnologies Ltd. Recent Developments/Updates
2.10 Biogenic Co., Ltd.
2.10.1 Biogenic Co., Ltd. Details
2.10.2 Biogenic Co., Ltd. Major Business
2.10.3 Biogenic Co., Ltd. Haematococcus Pluvialis Astaxanthin Product and Services
2.10.4 Biogenic Co., Ltd. Haematococcus Pluvialis Astaxanthin Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.10.5 Biogenic Co., Ltd. Recent Developments/Updates
2.11 Nextperm Technologies Ltd.
2.11.1 Nextperm Technologies Ltd. Details
2.11.2 Nextperm Technologies Ltd. Major Business
2.11.3 Nextperm Technologies Ltd. Haematococcus Pluvialis Astaxanthin Product and Services
2.11.4 Nextperm Technologies Ltd. Haematococcus Pluvialis Astaxanthin Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.11.5 Nextperm Technologies Ltd. Recent Developments/Updates
3 Competitive Environment: Haematococcus Pluvialis Astaxanthin by Manufacturer
3.1 Global Haematococcus Pluvialis Astaxanthin Sales Quantity by Manufacturer (2018-2023)
3.2 Global Haematococcus Pluvialis Astaxanthin Revenue by Manufacturer (2018-2023)
3.3 Global Haematococcus Pluvialis Astaxanthin Average Price by Manufacturer (2018-2023)
3.4 Market Share Analysis (2022)
3.4.1 Producer Shipments of Haematococcus Pluvialis Astaxanthin by Manufacturer Revenue ($MM) and Market Share (%): 2022
3.4.2 Top 3 Haematococcus Pluvialis Astaxanthin Manufacturer Market Share in 2022
3.4.2 Top 6 Haematococcus Pluvialis Astaxanthin Manufacturer Market Share in 2022
3.5 Haematococcus Pluvialis Astaxanthin Market: Overall Company Footprint Analysis
3.5.1 Haematococcus Pluvialis Astaxanthin Market: Region Footprint
3.5.2 Haematococcus Pluvialis Astaxanthin Market: Company Product Type Footprint
3.5.3 Haematococcus Pluvialis Astaxanthin Market: Company Product Application Footprint
3.6 New Market Entrants and Barriers to Market Entry
3.7 Mergers, Acquisition, Agreements, and Collaborations
4 Consumption Analysis by Region
4.1 Global Haematococcus Pluvialis Astaxanthin Market Size by Region
4.1.1 Global Haematococcus Pluvialis Astaxanthin Sales Quantity by Region (2018-2029)
4.1.2 Global Haematococcus Pluvialis Astaxanthin Consumption Value by Region (2018-2029)
4.1.3 Global Haematococcus Pluvialis Astaxanthin Average Price by Region (2018-2029)
4.2 North America Haematococcus Pluvialis Astaxanthin Consumption Value (2018-2029)
4.3 Europe Haematococcus Pluvialis Astaxanthin Consumption Value (2018-2029)
4.4 Asia-Pacific Haematococcus Pluvialis Astaxanthin Consumption Value (2018-2029)
4.5 South America Haematococcus Pluvialis Astaxanthin Consumption Value (2018-2029)
4.6 Middle East and Africa Haematococcus Pluvialis Astaxanthin Consumption Value (2018-2029)
5 Market Segment by Type
5.1 Global Haematococcus Pluvialis Astaxanthin Sales Quantity by Type (2018-2029)
5.2 Global Haematococcus Pluvialis Astaxanthin Consumption Value by Type (2018-2029)
5.3 Global Haematococcus Pluvialis Astaxanthin Average Price by Type (2018-2029)
6 Market Segment by Application
6.1 Global Haematococcus Pluvialis Astaxanthin Sales Quantity by Application (2018-2029)
6.2 Global Haematococcus Pluvialis Astaxanthin Consumption Value by Application (2018-2029)
6.3 Global Haematococcus Pluvialis Astaxanthin Average Price by Application (2018-2029)
7 North America
7.1 North America Haematococcus Pluvialis Astaxanthin Sales Quantity by Type (2018-2029)
7.2 North America Haematococcus Pluvialis Astaxanthin Sales Quantity by Application (2018-2029)
7.3 North America Haematococcus Pluvialis Astaxanthin Market Size by Country
7.3.1 North America Haematococcus Pluvialis Astaxanthin Sales Quantity by Country (2018-2029)
7.3.2 North America Haematococcus Pluvialis Astaxanthin Consumption Value by Country (2018-2029)
7.3.3 United States Market Size and Forecast (2018-2029)
7.3.4 Canada Market Size and Forecast (2018-2029)
7.3.5 Mexico Market Size and Forecast (2018-2029)
8 Europe
8.1 Europe Haematococcus Pluvialis Astaxanthin Sales Quantity by Type (2018-2029)
8.2 Europe Haematococcus Pluvialis Astaxanthin Sales Quantity by Application (2018-2029)
8.3 Europe Haematococcus Pluvialis Astaxanthin Market Size by Country
8.3.1 Europe Haematococcus Pluvialis Astaxanthin Sales Quantity by Country (2018-2029)
8.3.2 Europe Haematococcus Pluvialis Astaxanthin Consumption Value by Country (2018-2029)
8.3.3 Germany Market Size and Forecast (2018-2029)
8.3.4 France Market Size and Forecast (2018-2029)
8.3.5 United Kingdom Market Size and Forecast (2018-2029)
8.3.6 Russia Market Size and Forecast (2018-2029)
8.3.7 Italy Market Size and Forecast (2018-2029)
9 Asia-Pacific
9.1 Asia-Pacific Haematococcus Pluvialis Astaxanthin Sales Quantity by Type (2018-2029)
9.2 Asia-Pacific Haematococcus Pluvialis Astaxanthin Sales Quantity by Application (2018-2029)
9.3 Asia-Pacific Haematococcus Pluvialis Astaxanthin Market Size by Region
9.3.1 Asia-Pacific Haematococcus Pluvialis Astaxanthin Sales Quantity by Region (2018-2029)
9.3.2 Asia-Pacific Haematococcus Pluvialis Astaxanthin Consumption Value by Region (2018-2029)
9.3.3 China Market Size and Forecast (2018-2029)
9.3.4 Japan Market Size and Forecast (2018-2029)
9.3.5 Korea Market Size and Forecast (2018-2029)
9.3.6 India Market Size and Forecast (2018-2029)
9.3.7 Southeast Asia Market Size and Forecast (2018-2029)
9.3.8 Australia Market Size and Forecast (2018-2029)
10 South America
10.1 South America Haematococcus Pluvialis Astaxanthin Sales Quantity by Type (2018-2029)
10.2 South America Haematococcus Pluvialis Astaxanthin Sales Quantity by Application (2018-2029)
10.3 South America Haematococcus Pluvialis Astaxanthin Market Size by Country
10.3.1 South America Haematococcus Pluvialis Astaxanthin Sales Quantity by Country (2018-2029)
10.3.2 South America Haematococcus Pluvialis Astaxanthin Consumption Value by Country (2018-2029)
10.3.3 Brazil Market Size and Forecast (2018-2029)
10.3.4 Argentina Market Size and Forecast (2018-2029)
11 Middle East & Africa
11.1 Middle East & Africa Haematococcus Pluvialis Astaxanthin Sales Quantity by Type (2018-2029)
11.2 Middle East & Africa Haematococcus Pluvialis Astaxanthin Sales Quantity by Application (2018-2029)
11.3 Middle East & Africa Haematococcus Pluvialis Astaxanthin Market Size by Country
11.3.1 Middle East & Africa Haematococcus Pluvialis Astaxanthin Sales Quantity by Country (2018-2029)
11.3.2 Middle East & Africa Haematococcus Pluvialis Astaxanthin Consumption Value by Country (2018-2029)
11.3.3 Turkey Market Size and Forecast (2018-2029)
11.3.4 Egypt Market Size and Forecast (2018-2029)
11.3.5 Saudi Arabia Market Size and Forecast (2018-2029)
11.3.6 South Africa Market Size and Forecast (2018-2029)
12 Market Dynamics
12.1 Haematococcus Pluvialis Astaxanthin Market Drivers
12.2 Haematococcus Pluvialis Astaxanthin Market Restraints
12.3 Haematococcus Pluvialis Astaxanthin Trends Analysis
12.4 Porters Five Forces Analysis
12.4.1 Threat of New Entrants
12.4.2 Bargaining Power of Suppliers
12.4.3 Bargaining Power of Buyers
12.4.4 Threat of Substitutes
12.4.5 Competitive Rivalry
13 Raw Material and Industry Chain
13.1 Raw Material of Haematococcus Pluvialis Astaxanthin and Key Manufacturers
13.2 Manufacturing Costs Percentage of Haematococcus Pluvialis Astaxanthin
13.3 Haematococcus Pluvialis Astaxanthin Production Process
13.4 Haematococcus Pluvialis Astaxanthin Industrial Chain
14 Shipments by Distribution Channel
14.1 Sales Channel
14.1.1 Direct to End-User
14.1.2 Distributors
14.2 Haematococcus Pluvialis Astaxanthin Typical Distributors
14.3 Haematococcus Pluvialis Astaxanthin Typical Customers
15 Research Findings and Conclusion
16 Appendix
16.1 Methodology
16.2 Research Process and Data Source
16.3 Disclaimer
Table of Figures
List of Tables
Table 1. Global Haematococcus Pluvialis Astaxanthin Consumption Value by Type, (USD Million), 2018 & 2022 & 2029
Table 2. Global Haematococcus Pluvialis Astaxanthin Consumption Value by Application, (USD Million), 2018 & 2022 & 2029
Table 3. Cyanotech Corporation Basic Information, Manufacturing Base and Competitors
Table 4. Cyanotech Corporation Major Business
Table 5. Cyanotech Corporation Haematococcus Pluvialis Astaxanthin Product and Services
Table 6. Cyanotech Corporation Haematococcus Pluvialis Astaxanthin Sales Quantity (Tons), Average Price (US$/Ton), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
Table 7. Cyanotech Corporation Recent Developments/Updates
Table 8. Fuji Chemical Industries Co., Ltd. Basic Information, Manufacturing Base and Competitors
Table 9. Fuji Chemical Industries Co., Ltd. Major Business
Table 10. Fuji Chemical Industries Co., Ltd. Haematococcus Pluvialis Astaxanthin Product and Services
Table 11. Fuji Chemical Industries Co., Ltd. Haematococcus Pluvialis Astaxanthin Sales Quantity (Tons), Average Price (US$/Ton), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
Table 12. Fuji Chemical Industries Co., Ltd. Recent Developments/Updates
Table 13. Divi's Laboratories Limited Basic Information, Manufacturing Base and Competitors
Table 14. Divi's Laboratories Limited Major Business
Table 15. Divi's Laboratories Limited Haematococcus Pluvialis Astaxanthin Product and Services
Table 16. Divi's Laboratories Limited Haematococcus Pluvialis Astaxanthin Sales Quantity (Tons), Average Price (US$/Ton), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
Table 17. Divi's Laboratories Limited Recent Developments/Updates
Table 18. BGG Basic Information, Manufacturing Base and Competitors
Table 19. BGG Major Business
Table 20. BGG Haematococcus Pluvialis Astaxanthin Product and Services
Table 21. BGG Haematococcus Pluvialis Astaxanthin Sales Quantity (Tons), Average Price (US$/Ton), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
Table 22. BGG Recent Developments/Updates
Table 23. Yunnan Alphy Biotech Co., Ltd. Basic Information, Manufacturing Base and Competitors
Table 24. Yunnan Alphy Biotech Co., Ltd. Major Business
Table 25. Yunnan Alphy Biotech Co., Ltd. Haematococcus Pluvialis Astaxanthin Product and Services
Table 26. Yunnan Alphy Biotech Co., Ltd. Haematococcus Pluvialis Astaxanthin Sales Quantity (Tons), Average Price (US$/Ton), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
Table 27. Yunnan Alphy Biotech Co., Ltd. Recent Developments/Updates
Table 28. ENEOS Corporation Basic Information, Manufacturing Base and Competitors
Table 29. ENEOS Corporation Major Business
Table 30. ENEOS Corporation Haematococcus Pluvialis Astaxanthin Product and Services
Table 31. ENEOS Corporation Haematococcus Pluvialis Astaxanthin Sales Quantity (Tons), Average Price (US$/Ton), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
Table 32. ENEOS Corporation Recent Developments/Updates
Table 33. Jingzhou Natural Astaxanthin, Inc. Basic Information, Manufacturing Base and Competitors
Table 34. Jingzhou Natural Astaxanthin, Inc. Major Business
Table 35. Jingzhou Natural Astaxanthin, Inc. Haematococcus Pluvialis Astaxanthin Product and Services
Table 36. Jingzhou Natural Astaxanthin, Inc. Haematococcus Pluvialis Astaxanthin Sales Quantity (Tons), Average Price (US$/Ton), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
Table 37. Jingzhou Natural Astaxanthin, Inc. Recent Developments/Updates
Table 38. Parry Nutraceuticals Basic Information, Manufacturing Base and Competitors
Table 39. Parry Nutraceuticals Major Business
Table 40. Parry Nutraceuticals Haematococcus Pluvialis Astaxanthin Product and Services
Table 41. Parry Nutraceuticals Haematococcus Pluvialis Astaxanthin Sales Quantity (Tons), Average Price (US$/Ton), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
Table 42. Parry Nutraceuticals Recent Developments/Updates
Table 43. AlgaTechnologies Ltd. Basic Information, Manufacturing Base and Competitors
Table 44. AlgaTechnologies Ltd. Major Business
Table 45. AlgaTechnologies Ltd. Haematococcus Pluvialis Astaxanthin Product and Services
Table 46. AlgaTechnologies Ltd. Haematococcus Pluvialis Astaxanthin Sales Quantity (Tons), Average Price (US$/Ton), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
Table 47. AlgaTechnologies Ltd. Recent Developments/Updates
Table 48. Biogenic Co., Ltd. Basic Information, Manufacturing Base and Competitors
Table 49. Biogenic Co., Ltd. Major Business
Table 50. Biogenic Co., Ltd. Haematococcus Pluvialis Astaxanthin Product and Services
Table 51. Biogenic Co., Ltd. Haematococcus Pluvialis Astaxanthin Sales Quantity (Tons), Average Price (US$/Ton), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
Table 52. Biogenic Co., Ltd. Recent Developments/Updates
Table 53. Nextperm Technologies Ltd. Basic Information, Manufacturing Base and Competitors
Table 54. Nextperm Technologies Ltd. Major Business
Table 55. Nextperm Technologies Ltd. Haematococcus Pluvialis Astaxanthin Product and Services
Table 56. Nextperm Technologies Ltd. Haematococcus Pluvialis Astaxanthin Sales Quantity (Tons), Average Price (US$/Ton), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
Table 57. Nextperm Technologies Ltd. Recent Developments/Updates
Table 58. Global Haematococcus Pluvialis Astaxanthin Sales Quantity by Manufacturer (2018-2023) & (Tons)
Table 59. Global Haematococcus Pluvialis Astaxanthin Revenue by Manufacturer (2018-2023) & (USD Million)
Table 60. Global Haematococcus Pluvialis Astaxanthin Average Price by Manufacturer (2018-2023) & (US$/Ton)
Table 61. Market Position of Manufacturers in Haematococcus Pluvialis Astaxanthin, (Tier 1, Tier 2, and Tier 3), Based on Consumption Value in 2022
Table 62. Head Office and Haematococcus Pluvialis Astaxanthin Production Site of Key Manufacturer
Table 63. Haematococcus Pluvialis Astaxanthin Market: Company Product Type Footprint
Table 64. Haematococcus Pluvialis Astaxanthin Market: Company Product Application Footprint
Table 65. Haematococcus Pluvialis Astaxanthin New Market Entrants and Barriers to Market Entry
Table 66. Haematococcus Pluvialis Astaxanthin Mergers, Acquisition, Agreements, and Collaborations
Table 67. Global Haematococcus Pluvialis Astaxanthin Sales Quantity by Region (2018-2023) & (Tons)
Table 68. Global Haematococcus Pluvialis Astaxanthin Sales Quantity by Region (2024-2029) & (Tons)
Table 69. Global Haematococcus Pluvialis Astaxanthin Consumption Value by Region (2018-2023) & (USD Million)
Table 70. Global Haematococcus Pluvialis Astaxanthin Consumption Value by Region (2024-2029) & (USD Million)
Table 71. Global Haematococcus Pluvialis Astaxanthin Average Price by Region (2018-2023) & (US$/Ton)
Table 72. Global Haematococcus Pluvialis Astaxanthin Average Price by Region (2024-2029) & (US$/Ton)
Table 73. Global Haematococcus Pluvialis Astaxanthin Sales Quantity by Type (2018-2023) & (Tons)
Table 74. Global Haematococcus Pluvialis Astaxanthin Sales Quantity by Type (2024-2029) & (Tons)
Table 75. Global Haematococcus Pluvialis Astaxanthin Consumption Value by Type (2018-2023) & (USD Million)
Table 76. Global Haematococcus Pluvialis Astaxanthin Consumption Value by Type (2024-2029) & (USD Million)
Table 77. Global Haematococcus Pluvialis Astaxanthin Average Price by Type (2018-2023) & (US$/Ton)
Table 78. Global Haematococcus Pluvialis Astaxanthin Average Price by Type (2024-2029) & (US$/Ton)
Table 79. Global Haematococcus Pluvialis Astaxanthin Sales Quantity by Application (2018-2023) & (Tons)
Table 80. Global Haematococcus Pluvialis Astaxanthin Sales Quantity by Application (2024-2029) & (Tons)
Table 81. Global Haematococcus Pluvialis Astaxanthin Consumption Value by Application (2018-2023) & (USD Million)
Table 82. Global Haematococcus Pluvialis Astaxanthin Consumption Value by Application (2024-2029) & (USD Million)
Table 83. Global Haematococcus Pluvialis Astaxanthin Average Price by Application (2018-2023) & (US$/Ton)
Table 84. Global Haematococcus Pluvialis Astaxanthin Average Price by Application (2024-2029) & (US$/Ton)
Table 85. North America Haematococcus Pluvialis Astaxanthin Sales Quantity by Type (2018-2023) & (Tons)
Table 86. North America Haematococcus Pluvialis Astaxanthin Sales Quantity by Type (2024-2029) & (Tons)
Table 87. North America Haematococcus Pluvialis Astaxanthin Sales Quantity by Application (2018-2023) & (Tons)
Table 88. North America Haematococcus Pluvialis Astaxanthin Sales Quantity by Application (2024-2029) & (Tons)
Table 89. North America Haematococcus Pluvialis Astaxanthin Sales Quantity by Country (2018-2023) & (Tons)
Table 90. North America Haematococcus Pluvialis Astaxanthin Sales Quantity by Country (2024-2029) & (Tons)
Table 91. North America Haematococcus Pluvialis Astaxanthin Consumption Value by Country (2018-2023) & (USD Million)
Table 92. North America Haematococcus Pluvialis Astaxanthin Consumption Value by Country (2024-2029) & (USD Million)
Table 93. Europe Haematococcus Pluvialis Astaxanthin Sales Quantity by Type (2018-2023) & (Tons)
Table 94. Europe Haematococcus Pluvialis Astaxanthin Sales Quantity by Type (2024-2029) & (Tons)
Table 95. Europe Haematococcus Pluvialis Astaxanthin Sales Quantity by Application (2018-2023) & (Tons)
Table 96. Europe Haematococcus Pluvialis Astaxanthin Sales Quantity by Application (2024-2029) & (Tons)
Table 97. Europe Haematococcus Pluvialis Astaxanthin Sales Quantity by Country (2018-2023) & (Tons)
Table 98. Europe Haematococcus Pluvialis Astaxanthin Sales Quantity by Country (2024-2029) & (Tons)
Table 99. Europe Haematococcus Pluvialis Astaxanthin Consumption Value by Country (2018-2023) & (USD Million)
Table 100. Europe Haematococcus Pluvialis Astaxanthin Consumption Value by Country (2024-2029) & (USD Million)
Table 101. Asia-Pacific Haematococcus Pluvialis Astaxanthin Sales Quantity by Type (2018-2023) & (Tons)
Table 102. Asia-Pacific Haematococcus Pluvialis Astaxanthin Sales Quantity by Type (2024-2029) & (Tons)
Table 103. Asia-Pacific Haematococcus Pluvialis Astaxanthin Sales Quantity by Application (2018-2023) & (Tons)
Table 104. Asia-Pacific Haematococcus Pluvialis Astaxanthin Sales Quantity by Application (2024-2029) & (Tons)
Table 105. Asia-Pacific Haematococcus Pluvialis Astaxanthin Sales Quantity by Region (2018-2023) & (Tons)
Table 106. Asia-Pacific Haematococcus Pluvialis Astaxanthin Sales Quantity by Region (2024-2029) & (Tons)
Table 107. Asia-Pacific Haematococcus Pluvialis Astaxanthin Consumption Value by Region (2018-2023) & (USD Million)
Table 108. Asia-Pacific Haematococcus Pluvialis Astaxanthin Consumption Value by Region (2024-2029) & (USD Million)
Table 109. South America Haematococcus Pluvialis Astaxanthin Sales Quantity by Type (2018-2023) & (Tons)
Table 110. South America Haematococcus Pluvialis Astaxanthin Sales Quantity by Type (2024-2029) & (Tons)
Table 111. South America Haematococcus Pluvialis Astaxanthin Sales Quantity by Application (2018-2023) & (Tons)
Table 112. South America Haematococcus Pluvialis Astaxanthin Sales Quantity by Application (2024-2029) & (Tons)
Table 113. South America Haematococcus Pluvialis Astaxanthin Sales Quantity by Country (2018-2023) & (Tons)
Table 114. South America Haematococcus Pluvialis Astaxanthin Sales Quantity by Country (2024-2029) & (Tons)
Table 115. South America Haematococcus Pluvialis Astaxanthin Consumption Value by Country (2018-2023) & (USD Million)
Table 116. South America Haematococcus Pluvialis Astaxanthin Consumption Value by Country (2024-2029) & (USD Million)
Table 117. Middle East & Africa Haematococcus Pluvialis Astaxanthin Sales Quantity by Type (2018-2023) & (Tons)
Table 118. Middle East & Africa Haematococcus Pluvialis Astaxanthin Sales Quantity by Type (2024-2029) & (Tons)
Table 119. Middle East & Africa Haematococcus Pluvialis Astaxanthin Sales Quantity by Application (2018-2023) & (Tons)
Table 120. Middle East & Africa Haematococcus Pluvialis Astaxanthin Sales Quantity by Application (2024-2029) & (Tons)
Table 121. Middle East & Africa Haematococcus Pluvialis Astaxanthin Sales Quantity by Region (2018-2023) & (Tons)
Table 122. Middle East & Africa Haematococcus Pluvialis Astaxanthin Sales Quantity by Region (2024-2029) & (Tons)
Table 123. Middle East & Africa Haematococcus Pluvialis Astaxanthin Consumption Value by Region (2018-2023) & (USD Million)
Table 124. Middle East & Africa Haematococcus Pluvialis Astaxanthin Consumption Value by Region (2024-2029) & (USD Million)
Table 125. Haematococcus Pluvialis Astaxanthin Raw Material
Table 126. Key Manufacturers of Haematococcus Pluvialis Astaxanthin Raw Materials
Table 127. Haematococcus Pluvialis Astaxanthin Typical Distributors
Table 128. Haematococcus Pluvialis Astaxanthin Typical Customers
List of Figures
Figure 1. Haematococcus Pluvialis Astaxanthin Picture
Figure 2. Global Haematococcus Pluvialis Astaxanthin Consumption Value by Type, (USD Million), 2018 & 2022 & 2029
Figure 3. Global Haematococcus Pluvialis Astaxanthin Consumption Value Market Share by Type in 2022
Figure 4. 2% Astaxanthin Powder Examples
Figure 5. 2.5% Astaxanthin Powder Examples
Figure 6. 3% Astaxanthin Powder Examples
Figure 7. 5% Astaxanthin Powder Examples
Figure 8. 10% Astaxanthin Powder Examples
Figure 9. 5% Astaxanthin Oleoresin Examples
Figure 10. 10% Astaxanthin Oleoresin Examples
Figure 11. Beadlets Examples
Figure 12. Others Examples
Figure 13. Global Haematococcus Pluvialis Astaxanthin Consumption Value by Application, (USD Million), 2018 & 2022 & 2029
Figure 14. Global Haematococcus Pluvialis Astaxanthin Consumption Value Market Share by Application in 2022
Figure 15. Feed Examples
Figure 16. Nutraceuticals Examples
Figure 17. Cosmetics Examples
Figure 18. Food & Beverages Examples
Figure 19. Others Examples
Figure 20. Global Haematococcus Pluvialis Astaxanthin Consumption Value, (USD Million): 2018 & 2022 & 2029
Figure 21. Global Haematococcus Pluvialis Astaxanthin Consumption Value and Forecast (2018-2029) & (USD Million)
Figure 22. Global Haematococcus Pluvialis Astaxanthin Sales Quantity (2018-2029) & (Tons)
Figure 23. Global Haematococcus Pluvialis Astaxanthin Average Price (2018-2029) & (US$/Ton)
Figure 24. Global Haematococcus Pluvialis Astaxanthin Sales Quantity Market Share by Manufacturer in 2022
Figure 25. Global Haematococcus Pluvialis Astaxanthin Consumption Value Market Share by Manufacturer in 2022
Figure 26. Producer Shipments of Haematococcus Pluvialis Astaxanthin by Manufacturer Sales Quantity ($MM) and Market Share (%): 2021
Figure 27. Top 3 Haematococcus Pluvialis Astaxanthin Manufacturer (Consumption Value) Market Share in 2022
Figure 28. Top 6 Haematococcus Pluvialis Astaxanthin Manufacturer (Consumption Value) Market Share in 2022
Figure 29. Global Haematococcus Pluvialis Astaxanthin Sales Quantity Market Share by Region (2018-2029)
Figure 30. Global Haematococcus Pluvialis Astaxanthin Consumption Value Market Share by Region (2018-2029)
Figure 31. North America Haematococcus Pluvialis Astaxanthin Consumption Value (2018-2029) & (USD Million)
Figure 32. Europe Haematococcus Pluvialis Astaxanthin Consumption Value (2018-2029) & (USD Million)
Figure 33. Asia-Pacific Haematococcus Pluvialis Astaxanthin Consumption Value (2018-2029) & (USD Million)
Figure 34. South America Haematococcus Pluvialis Astaxanthin Consumption Value (2018-2029) & (USD Million)
Figure 35. Middle East & Africa Haematococcus Pluvialis Astaxanthin Consumption Value (2018-2029) & (USD Million)
Figure 36. Global Haematococcus Pluvialis Astaxanthin Sales Quantity Market Share by Type (2018-2029)
Figure 37. Global Haematococcus Pluvialis Astaxanthin Consumption Value Market Share by Type (2018-2029)
Figure 38. Global Haematococcus Pluvialis Astaxanthin Average Price by Type (2018-2029) & (US$/Ton)
Figure 39. Global Haematococcus Pluvialis Astaxanthin Sales Quantity Market Share by Application (2018-2029)
Figure 40. Global Haematococcus Pluvialis Astaxanthin Consumption Value Market Share by Application (2018-2029)
Figure 41. Global Haematococcus Pluvialis Astaxanthin Average Price by Application (2018-2029) & (US$/Ton)
Figure 42. North America Haematococcus Pluvialis Astaxanthin Sales Quantity Market Share by Type (2018-2029)
Figure 43. North America Haematococcus Pluvialis Astaxanthin Sales Quantity Market Share by Application (2018-2029)
Figure 44. North America Haematococcus Pluvialis Astaxanthin Sales Quantity Market Share by Country (2018-2029)
Figure 45. North America Haematococcus Pluvialis Astaxanthin Consumption Value Market Share by Country (2018-2029)
Figure 46. United States Haematococcus Pluvialis Astaxanthin Consumption Value and Growth Rate (2018-2029) & (USD Million)
Figure 47. Canada Haematococcus Pluvialis Astaxanthin Consumption Value and Growth Rate (2018-2029) & (USD Million)
Figure 48. Mexico Haematococcus Pluvialis Astaxanthin Consumption Value and Growth Rate (2018-2029) & (USD Million)
Figure 49. Europe Haematococcus Pluvialis Astaxanthin Sales Quantity Market Share by Type (2018-2029)
Figure 50. Europe Haematococcus Pluvialis Astaxanthin Sales Quantity Market Share by Application (2018-2029)
Figure 51. Europe Haematococcus Pluvialis Astaxanthin Sales Quantity Market Share by Country (2018-2029)
Figure 52. Europe Haematococcus Pluvialis Astaxanthin Consumption Value Market Share by Country (2018-2029)
Figure 53. Germany Haematococcus Pluvialis Astaxanthin Consumption Value and Growth Rate (2018-2029) & (USD Million)
Figure 54. France Haematococcus Pluvialis Astaxanthin Consumption Value and Growth Rate (2018-2029) & (USD Million)
Figure 55. United Kingdom Haematococcus Pluvialis Astaxanthin Consumption Value and Growth Rate (2018-2029) & (USD Million)
Figure 56. Russia Haematococcus Pluvialis Astaxanthin Consumption Value and Growth Rate (2018-2029) & (USD Million)
Figure 57. Italy Haematococcus Pluvialis Astaxanthin Consumption Value and Growth Rate (2018-2029) & (USD Million)
Figure 58. Asia-Pacific Haematococcus Pluvialis Astaxanthin Sales Quantity Market Share by Type (2018-2029)
Figure 59. Asia-Pacific Haematococcus Pluvialis Astaxanthin Sales Quantity Market Share by Application (2018-2029)
Figure 60. Asia-Pacific Haematococcus Pluvialis Astaxanthin Sales Quantity Market Share by Region (2018-2029)
Figure 61. Asia-Pacific Haematococcus Pluvialis Astaxanthin Consumption Value Market Share by Region (2018-2029)
Figure 62. China Haematococcus Pluvialis Astaxanthin Consumption Value and Growth Rate (2018-2029) & (USD Million)
Figure 63. Japan Haematococcus Pluvialis Astaxanthin Consumption Value and Growth Rate (2018-2029) & (USD Million)
Figure 64. Korea Haematococcus Pluvialis Astaxanthin Consumption Value and Growth Rate (2018-2029) & (USD Million)
Figure 65. India Haematococcus Pluvialis Astaxanthin Consumption Value and Growth Rate (2018-2029) & (USD Million)
Figure 66. Southeast Asia Haematococcus Pluvialis Astaxanthin Consumption Value and Growth Rate (2018-2029) & (USD Million)
Figure 67. Australia Haematococcus Pluvialis Astaxanthin Consumption Value and Growth Rate (2018-2029) & (USD Million)
Figure 68. South America Haematococcus Pluvialis Astaxanthin Sales Quantity Market Share by Type (2018-2029)
Figure 69. South America Haematococcus Pluvialis Astaxanthin Sales Quantity Market Share by Application (2018-2029)
Figure 70. South America Haematococcus Pluvialis Astaxanthin Sales Quantity Market Share by Country (2018-2029)
Figure 71. South America Haematococcus Pluvialis Astaxanthin Consumption Value Market Share by Country (2018-2029)
Figure 72. Brazil Haematococcus Pluvialis Astaxanthin Consumption Value and Growth Rate (2018-2029) & (USD Million)
Figure 73. Argentina Haematococcus Pluvialis Astaxanthin Consumption Value and Growth Rate (2018-2029) & (USD Million)
Figure 74. Middle East & Africa Haematococcus Pluvialis Astaxanthin Sales Quantity Market Share by Type (2018-2029)
Figure 75. Middle East & Africa Haematococcus Pluvialis Astaxanthin Sales Quantity Market Share by Application (2018-2029)
Figure 76. Middle East & Africa Haematococcus Pluvialis Astaxanthin Sales Quantity Market Share by Region (2018-2029)
Figure 77. Middle East & Africa Haematococcus Pluvialis Astaxanthin Consumption Value Market Share by Region (2018-2029)
Figure 78. Turkey Haematococcus Pluvialis Astaxanthin Consumption Value and Growth Rate (2018-2029) & (USD Million)
Figure 79. Egypt Haematococcus Pluvialis Astaxanthin Consumption Value and Growth Rate (2018-2029) & (USD Million)
Figure 80. Saudi Arabia Haematococcus Pluvialis Astaxanthin Consumption Value and Growth Rate (2018-2029) & (USD Million)
Figure 81. South Africa Haematococcus Pluvialis Astaxanthin Consumption Value and Growth Rate (2018-2029) & (USD Million)
Figure 82. Haematococcus Pluvialis Astaxanthin Market Drivers
Figure 83. Haematococcus Pluvialis Astaxanthin Market Restraints
Figure 84. Haematococcus Pluvialis Astaxanthin Market Trends
Figure 85. Porters Five Forces Analysis
Figure 86. Manufacturing Cost Structure Analysis of Haematococcus Pluvialis Astaxanthin in 2022
Figure 87. Manufacturing Process Analysis of Haematococcus Pluvialis Astaxanthin
Figure 88. Haematococcus Pluvialis Astaxanthin Industrial Chain
Figure 89. Sales Quantity Channel: Direct to End-User vs Distributors
Figure 90. Direct Channel Pros & Cons
Figure 91. Indirect Channel Pros & Cons
Figure 92. Methodology
Figure 93. Research Process and Data Source
Research Methodology
Client Requirements
Review and analyze client requirements
Discussion of all the project requirements and queries
Flexibility Check
Project Feasibility Analysis
Finalizing tentative research programme
Structuring project proposal with scope, timeline, and costs
Analyzing Market Dynamics
Determination of key drivers, restraints, challenge, and opportunity
Identifies market needs and trends
Market Size Estimation & Forecast
Estimation of historical data based on secondary and primary data
Anticipating market recast by assigning weightage to market forces (drivers, restraints, opportunities)
Freezing historical and forecast market size estimations based on evolution, trends, outlook, and strategies
Consideration of geography, region-specific product/service demand for region segments
Consideration of product utilization rates, product demand outlook for segments by application or end-user.
Data Source
Secondary Source
Data collections from annual reports, presentations,associations, journals, analyst reports,
paid database, press releases, blogs, newsletters,and GIR repositories.
Primary Source
Research discussion with manufacturers, distributors, suppliers, end user, industry experts
to verify insights.
Validation
and
triangulation of
secondary and primary source.
Collection of data
Cumulating and collating the essential qualitative and quantitative data
Generation of report in client requested format by research analysts
Reviews by expert analysts
Final quality check
Clarifying queries
Receiving feedback
Ensuring satisfaction
01 Identification of data
This step involves identification of several primary and secondary data research sources, including Global Info Research's internal data sources. The primary sources consist of in-depth discussions and interviews with policy makers, industry experts, and data evaluators, whereas secondary sources include a thorough study of market journals, press releases, annual reports, and government and non-government agencies websites.
02 Evaluation of Market Dynamic
This phase includes a detailed evaluation of several factors that are likely to affect the market dynamics. It involves a comprehensive assessment of major market pain points, drivers, and trends. It also comprises a detailed study of research plans and methodology.
03 Collection of Data
This process consists of gathering data, accessing proprietary databases, and reaching out to key industry participants that operate in the market across the value chain. It also involves studying several patterns in the historical data and comparing it with the current scenario.
04 Collaboration of Data
This stage involves the validation of data and arrival at actual statistics, and evolution of the market over the years. It entails the study and analyzes various segments and verticals of the market. An impact analysis is also performed to observe which factors will affect the market in the next few years.
05 Verification and Analysis
This is the final stage, which involves both quantity and quality checks. Although the process of data verification is an integral part of the research process, all data points and statistics and figures are re-checked to uphold their authenticity and validity.
Companies Mentioned
Cyanotech Corporation Fuji Chemical Industries Co., Ltd. Divi's Laboratories Limited BGG Yunnan Alphy Biotech Co., Ltd. ENEOS Corporation Jingzhou Natural Astaxanthin, Inc. Parry Nutraceuticals AlgaTechnologies Ltd. Biogenic Co., Ltd. Nextperm Technologies Ltd.
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