Published by
Newstrail
Newstrail
According to IMARC Group latest report titled” Astaxanthin Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the market exhibited moderate growth during 2015-2020. The global astaxanthin market size to grow at a CAGR of around 6% during 2021-2026. Astaxanthin is a reddish-brown pigment that belongs to the xanthophyll category of carotenoids. It is manufactured using isopentenyl diphosphate and dimethylallyl diphosphate and is also naturally synthesized by various bacteria, microalgae and yeast. It is widely used as a coloring agent in the feed for shrimp…