Astaxanthin Market Forecast 2018-2024 Key Profiles - BASF, Algatechnologies, Otsuka Pharmaceutical Companies (U.S.), Synthetic Genomics, Cyanotech Corporation
Consistent technological advancements in the natural astaxanthins manufacturing process lead to high quality yield with lesser wastage. Extraction, drying, and cultivation is widely adopted techniques preferred for optimal resource utilization. Microalgae cultivation has gained traction in the astaxanthin market. Highest preference towards this technology is credited to its advantages such as a considerable reduction in agricultural residue and prevention from microbial contamination. These advancements will induce immense potential to the industry size over the forecast timeline.
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