U.S. Astaxanthin Market Size Worth USD 1,985.24 Million by 2034 | CAGR: 13.8%

The U.S. astaxanthin market size is expected to reach USD 1,985.24 million by 2034, according to a new study by Polaris Market Research. The report “U.S. Astaxanthin Market Size, Share, Trends, Industry Analysis Report By Source (Natural, Synthetic), By Product, By Form, By Application – Market Forecast, 2025–2034” gives a detailed insight into current market dynamics and provides analysis on future market growth.

Astaxanthin is a natural pigment that is part of a group of compounds called carotenoids. It gives a reddish color to certain marine animals such as salmon, shrimp, and krill. Astaxanthin is highly valued for its strong antioxidant properties, which are believed to help protect cells from damage. Thus, it has become a popular ingredient in various consumer products.

The U.S. astaxanthin market is mainly driven by a growing focus on health and wellness among consumers. People are increasingly seeking natural ingredients for their dietary supplements, skin care products, and functional foods. This rising demand for natural antioxidants has made astaxanthin a key component in a range of products aimed at supporting overall health, eye function, and skin appearance. The market also benefits from a strong aquaculture industry in the U.S., which uses astaxanthin as a feed additive to ensure farmed seafood has its characteristic color.

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U.S. Astaxanthin Market Report Highlights:

• By source, the natural source segment held the largest share in 2024. This dominance is driven by a growing consumer preference for clean-label, plant-based ingredients in supplements and food products, which are often perceived as healthier and more sustainable.
• Based on product, the dried algae meal or biomass segment held the largest share in 2024. Its leading position is a result of its extensive use in the aquaculture and animal feed industries, where it is a cost-effective way to provide essential pigmentation to farmed fish and shrimp.
• By form, the dry form segment held the largest share in 2024. This form is widely used due to its stability, long shelf life, and ease of handling in large-scale industrial applications, especially in the production of animal feed and dietary supplements.
• By application, the aquaculture and animal feed segment held the largest share in 2024. It holds a strong market position as astaxanthin is a critical additive in fish feed, where it is used to give farmed salmon, trout, and shrimp their natural red color, which is a key factor for consumer appeal.
• A few key players in the market include AstaReal, Inc.; Cyanotech Corporation; BGG World; Valensa International; and PIVEG, Inc.

Polaris Market Research has segmented the U.S. astaxanthin market report based on source, product, form, and application:

By Source Outlook (Revenue – USD Million, 2020–2034)

• Natural
• Synthetic

By Product Outlook (Revenue – USD Million, 2020–2034)

• Dried Algae Meal or Biomass
• Oil
• Softgel
• Liquid
• Others

By Form Outlook (Revenue – USD Million, 2020–2034)

• Dry Form
• Liquid Form

By Application Outlook (Revenue – USD Million, 2020–2034)

• Nutraceuticals
• Cosmetics
• Aquaculture and Animal Feed
• Food
• Others