Search jobs 05-Apr-2021 Rising novel therapeutics of astaxanthin will boost the astaxanthin market, forecast to touch US$ 1.2 Bn by 2025 at a CAGR of 7.3%
Noida, Uttar Pradesh, India, April 6 2021 (Wiredrelease) Report Ocean Pvt Ltd –:Astaxanthin is referred to as fat-soluble and organic solvents such as chloroform, acetone, ethanol, and ether. Astaxanthin is extensively used in several fields due to its numerous biological activities; thus, its safety concerns. It is an effective natural antioxidant with excellent biological functions in the areas of life science. Moreover, astaxanthin has shown anti-cancer effects in many cancers, including colon cancer, bladder cancer, liver cancer, oral cancer, and leukemia. Following these promising developments, the Global Astaxanthin Market is estimated to see healthy growth, pegged at a CAGR of around 7.3% throughout the forecast period 2020-2025.