Japan Astaxanthin Market Size, Share, and COVID-19 Impact Analysis, By Product (Dried Algae Meal or Biomass, Oil, Softgel, Liquid, and Others), By Source (Natural and Synthetic), and Japan Astaxanthin Market Insights, Industry Trend, Forecasts to 2035

Japan Astaxanthin Market Size Insights Forecasts to 2035

• The Japan Astaxanthin Market Size Was Estimated at USD 51.0 Million in 2024
• The Market Size is Expected to Grow at a CAGR of Around 14.07% from 2025 to 2035
• The Japan Astaxanthin Market Size is Expected to Reach USD 217.0 Million by 2035

According to a Research Report Published by Spherical Insights & Consulting, the Japan Astaxanthin Market Size is anticipated to reach USD 217.0 million by 2035, growing at a CAGR of 14.07% from 2025 to 2035. The Japan Astaxanthin market is driven by various factors, including increased use in various industries such as animal feed, nutraceuticals and food and beverages, rising health consciousness, rising prevalence of health-related conditions and rising demand for dietary supplements.

Market Overview

Astaxanthin is a naturally occurring carotenoid pigment. It naturally occurs in marine animals like microalgae, shrimp, salmon, and krill. They have strong antioxidant properties as well as being a rich source of vitamins C and E. Astaxanthin has properties as an antioxidant, anti-inflammatory compound, and anticancer compound. All of these are responsible for the strengthening of the immune system, shielding against damage brought about by ultraviolet (UV) radiation, inhibition of chemical-induced cancer, and recovery from many diseases; hence, they are widely used in various industries like dietary supplements, cosmetics, pharmaceuticals, and animal feed. It has a vital role in enhancing the health of the skin, preventing inflammation, improving immunity, and maintaining cardiovascular and eye health. Japan astaxanthin market is experiencing growth due to the increasing prevalence of several diseases, including diabetes, cancer, cognitive impairment, and cardiovascular disease. Astaxanthin is highly important in enhancing blood circulation, lowering blood sugar, and alleviating muscle, joint, and tendon pain. The rising demand for clean-label and plant-based products is a key trend in this market.

Report Coverage

This research report categorizes the market for the Japan astaxanthin market based on various segments and regions, and forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the Japan astaxanthin market. Recent market developments and competitive strategies such as expansion, product launch, development, partnership, merger, and acquisition, have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the Japan astaxanthin market.

Driving Factors

Japan has one of the largest aging populations country which is fuelling the demand for nutritional supplements like astaxanthin that support overall health and combat oxidative stress associated with aging. The people are becoming more educated about health benefits associated with astaxanthin, with health supplement users in Japan increasing by over 25% in the past five years, reflecting a strong shift toward preventive healthcare and natural solutions for lifestyle-related diseases, is further fuels the market growth. The astaxanthin is known for its antiaging properties. A survey conducted by the Japan Cosmetic Industry Association indicates that approximately 60 % people prioritize antiaging products in their skin care, which fuels the market expansion.

Restraining Factors

Astaxanthin, especially when produced from natural sources like Haematococcus pluvialis, involves complex cultivation and extraction processes, leading to high manufacturing costs that could limit its affordability and wide use. Additionally, there are strict regulations for the use of astaxanthin as food coloring and dietary supplements, which further limit the market expansion.

Market Segmentation

The Japan astaxanthin market share is classified into product and source.

• The dried algae meal or biomass segment held the largest share in 2024 and is expected to grow at a significant CAGR during the forecast period.

The Japan astaxanthin market is segmented by product into dried algae meal or biomass, oil, softgel, liquid, and others. Among these, the dried algae meal or biomass segment held the largest share in 2024 and is expected to grow at a significant CAGR during the forecast period. This segmental growth is attributed to its high yield and cost-effectiveness. Additionally, rising demand in industries like supplements, animal feed, and cosmetics is driving market demand.

• The natural segment held the highest share in 2024 and is expected to grow at a substantial CAGR during the forecast period.

The Japan astaxanthin market is segmented by source into natural and synthetic. Among these, the natural segment held the highest share in 2024 and is expected to grow at a substantial CAGR during the forecast period. This segmental growth is attributed to its high efficacy and sustainability. Additionally, natural astaxanthin has very good effects on skin and health.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the Japan astaxanthin market, along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies

• AstaReal
• Fuji Chemical Industry Co., Ltd.
• ENEOS Corporation
• BIOGENIC Co., Ltd.
• Otsuka Pharmaceutical Co., Ltd.
• Kemin Industries
• Algatechnologies
• Cyanotech Corporation
• Other

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting and Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Market Segment

This study forecasts revenue at Japan, regional, and country levels from 2020 to 2035. Spherical Insights has segmented the Japan astaxanthin market based on the below-mentioned segments:

Japan Astaxanthin Market, By Product

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

Japan Astaxanthin Market, By Source

• Natural
• Synthetic