Global Astaxanthin Market Report 2020: Sources, Technologies and Applications 2017-2026
Dublin, Dec. 15, 2020 (GLOBE NEWSWIRE) -- The "Global Astaxanthin Market - Sources, Technologies and Applications" report has been added to *ResearchAndMarkets.com's* offering.The report reviews, analyzes and projects the global Astaxanthin market for the period 2017-2026 in terms of volume consumption in metric tons, market value in US$ and the compound annual growth rates (CAGRs) projected from 2019 through to 2026 with a special focus on y-o-y growth for 2019-2020.
The impact of the COVID-19 pandemic on astaxanthin demand is expected to differ in intensity depending on their end-use application and region. Sharpest declines would be expected in astaxanthin for dietary supplements, cosmetics and aqua feed sectors. Demand for astaxanthin in poultry feed and food & beverages, although less than the normal growth, is expected to be somewhat better compared to other applications.
Volume consumption of Astaxanthin in Asia-Pacific is slated to post the fastest corresponding period CAGR and reach a projected 90 metric tons by 2026. Impacted by the COVID-19 pandemic, demand for astaxanthin across the globe is forecast to decline in 2020, with North America being hit hardest by the pandemic registering a negative YOY growth of 9.7%, followed by South America, Japan and Asia-Pacific in 2020 compared to 2019.
*Research Findings & Coverage*
· The global Astaxanthin market is explored in this report with respect to key types (based on raw material source) and major end-use applications
· The study extensively analyzes each type and end-use application by key country for all major regions globally
· H. pluvialis Microalgae Astaxanthin Safety in Food Supplements Reaffirmed by the European Food Safety Authority
· Food and Beverages Get Supercharged with Algae Astaxanthin
· Natural Astaxanthin's High Cost an Impediment to its Growth in the Aqua Feed Industry
· Synthetic Astaxanthin Supplements Raise Concerns for Natural Astaxanthin Manufacturers
· Key business trends focusing on product innovations/developments, M&As, JVs and other recent industry developments
· Major companies profiled - 58
· The industry guide includes the contact details for 69 companies
*Product Outline*
The report analyzes the market for the key types of Astaxanthin (based on raw materials) including:
· Synthetic
· Haematococcus pluvialis Microalgae
· Paracoccus carotinifaciens Bacteria
*Major application areas of Astaxanthin analyzed in this study comprise the following:*
· Nutraceuticals
· Aqua & Animal Feed
· Cosmetics
· Food & Beverages
*Geographic Coverage*
*Synthetic Astaxanthin*
· North America (United States, Canada and Mexico)
· South America (Chile, Peru and Rest of South America)
· Europe (Norway, The United Kingdom and Rest of Europe)
· Asia-Pacific (China, Japan, Australia, and Rest of Asia-Pacific)
· Rest of World
*Haematococcus Pluvialis Microalgae*
· North America (United States and Canada)
· South America
· Europe
· Japan
· Asia-Pacific (excluding Japan)
· Rest of World
*Paracoccus Carotinifaciens Bacteria*
· North America
· Europe
· Japan
· Chile
*KEY BUSINESS TRENDS*
· Cyanotech Introduces BioAstin Water Dispersible Astaxanthin Powder
· Lubrizol Life Science Health Introduces Astaxanthin Microcapsules Microencapsulated with Spirulina
· Solabia Group Integrates Algatech's Microalgae-Derived Nutrients Portfolio
· Stratum Nutrition to Distribute Atacama Bio Natural Products' NatAxtin Astaxanthin in North America
· Valensa Granted a New Patent for Hyaluronic Acid and Astaxanthin Joint-Health Ingredients
· BGG Expands its Astaxanthin Capacity
· NextFerm and Soft Gel Technologies Join Hands to Commercialize Phaffia Yeast Astaxanthin for Supplements
· BGG Releases Peer-Reviewed Publication on Astaxanthin
· NextFerm Files Patent for Astaxanthin-Producing Yeast Strains
· BGG Publishes Two Recent Human Clinical Trials on AstaZine as the Astaxanthin Category Leader for Brain Health
· Pond Naturals and Toronto Wolfpack Inks Pact for Astaxanthin Sports and Wellness Products
· PT Evergen Resources Inaugurates First Astaxanthin Facility in Indonesia
· Valensa Develops New Water-dispersible Natural Astaxanthin Powder
· Solabia Group Acquires Algatech
· AlgaTechnologies Ltd Unveils AstaPure EyeQ, a Microalgae-based Extract
· Pond Naturals Launches X10: Astaxanthin Oil for Pet Health
· Pond Technologies Acquires Regenurex
· BGG and Affiliates Launch New Astaxanthin Water Dispersible Emulsion
· Pond Technologies Commences Construction of Commercial-scale Astaxanthin Facility at Markham, Canada
· NextFerm and Mascoma Collaborate to Produce New Yeast
· Israeli biotech startup, NextFerm Technologies, to commercialize Phaffia based Astaxanthin
· BGG and Solix Algredients Merged their Algae Ingredients Operations
· Algatechnologies Invests in New Zealand based Astaxanthin Producer Supreme Health
· AstaReal's Natural Astaxanthin for Sports Nutrition Market Exhibited at Vitafoods Europe 2018
· Algatech and Sphera Join Forces to Develop Innovative Functional Ingredient Formats
· Algalif Expands into Asia-Pacific Market and Introduces Astaxanthin Finished Products
· Subitec Ships Photobioreactor System to Soka University in Japan
· AlgaeHealth's AstaZine Natural Astaxanthin Tested 100% Glyphosate-Free to Extreme Level of Detection
· Nutrex Hawaii's BioAstin Hawaiian Astaxanthin and MD FormulasT Verified by IGENT
· Cardax and HECL Form ZanthoSyn Distribution Pact for China
· KnipBio MealT, Premium Aquafeed Ingredient Developed by KnipBio
· Non-GMO Accreditation for Algalif's Astalif 5% and 10% Oleoresin Products
*COMPANY PROFILES*
*Synthetic Astaxanthin*
· Basf Se (Germany)
· Divis Laboratories Limited (India)
· Royal Dsm Nv (The Netherlands)
· Zhejiang Medicine Co. Ltd. (China)
· Zhejiang Nhu Co. Ltd. (China)
*Natural Source Astaxanthin*
*Haematococcus Pluvialis Microalgae Astaxanthin Manufacturers*
· Algae to Omega Holdings Inc (United States)
· Algaetech International Sdn Bhd (Malaysia)
· Algalif Iceland Ehf (Iceland)
· Algamo Ltd. (Czech Republic)
· Algatechnologies Ltd. (Israel)
· Alvita Corporation (Japan)
· Andexs Biotechnology Srl (Peru)
· Astamaz Nz Ltd (New Zealand)
· Atacama Bio Natural Products Sa (Chile)
· Bdi-Biolife Science GmbH (Germany)
· Beijing Gingko Group (Bgg) (China)
· Algae Health Sciences, Inc. (United States)
· Solix Algredients, Inc. (United States)
· Biogenic Co. Ltd. (Japan)
· Mc Biotech Sdn. Bhd. (Brunei)
· Bluebiotech Int. GmbH (Germany)
· Cyanotech Corporation (United States)
· E.I.D Parry (India) Ltd. (India)
· Alimtec Sa (Chile)
· Valensa International (U. S. Nutraceuticals LLC) (United States)
· Fenchem Biotek Ltd. (China)
· Fuji Chemical Industry Co. Ltd. (Japan)
· Astareal Co. Ltd. (Japan)
· Astareal Ab (Sweden)
· Astareal, Inc. (United States)
· Garden State Bioenterprises LLC (Gs Bioe) (United States)
· Heliae Development LLC (United States)
· India Glycols Limited (India)
· Inner Mongolia Ever Brilliance Biotechnology Co. Ltd. (Keb) (China)
· Innobio Ltd (China)
· Jingzhou Natural Astaxanthin Inc. (China)
· Mbd Industries Limited (Australia)
· Piveg, Inc. (United States)
· Pond Technologies Inc. (Canada)
· Pt Evergen Resources (Indonesia)
· Sea & Sun Organic GmbH (Germany)
· Shandong Wefirst Biotechnology Co. Ltd. (China)
· Supreme Health New Zealand Limited (New Zealand)
· Tianjin Norland Biotech Co. Ltd. (China)
· Yunnan Alphy Biotech Co. Ltd. (China)
*Cultivation Technology, Extraction and Other Services Providers*
· Algaebiotech (The Netherlands)
· Algaecan Biotech Ltd. (Canada)
· Evodos Bv (The Netherlands)
· Fraunhofer Institute for Interfacial Engineering and Biotechnology (Igb) (Germany)
· Originclear, Inc. (United States)
· Olas - All Things Algae, LLC (United States)
· Pharmalink Extracts Ltd (New Zealand)
· Phasex Corporation (United States)
· Radient Inc. (Canada)
· Subitec GmbH (Germany)
· Thar Process, Inc. (United States)
· Other Natural Astaxanthin Manufacturers
· Eneos Corporation (Japan)
· Nextferm Technologies Ltd (Israel)
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