Global Astaxanthin Market Sources, Technologies and Applications 2014-2017 & 2023: Key Market Trends, Patent Portfolio & Company Profiles

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Aug 28, 2018, 10:15 ET

DUBLIN, Aug. 28, 2018 /PRNewswire/ --

The "Global Astaxanthin Market - Sources, Technologies and Applications" report has been added to ResearchAndMarkets.com's offering.

Forecast to Register a Robust CAGR of 13.3%, Natural H. pluvialis Algae Astaxanthin to Drive Global Astaxanthin Market to Reach US$770 Million by 2024

The global nutraceuticals industry is estimated to have consumed the largest volume of Haematococcus pluvialis (H. pluvialis) microalgae natural astaxanthin in 2017 accounting for 54.8% which is likely to reach 190 metric tons by 2024. However, the emerging market of Food & Beverages for H. pluvialis microalgae astaxanthin consumption will witness the fastest CAGR between the period 2017 and 2024.

Astaxanthin is 550 times stronger than vitamin E, and 6,000 times stronger than vitamin C in regard to antioxidant power. Due to its powerful antioxidant properties, astaxanthin proved to have benefits on various health conditions including inflammation, diabetics, cardiovascular, vision and CNS conditions. Astaxanthin has been widely used in aquaculture industry for pigmentation of salmon, trout and shrimps; used for its antioxidant and other health benefits in nutraceutical industry; used in cosmetics for its skin care and anti-aging properties; and also used for fortification of foods and beverages.

The report reviews, analyzes and projects the global Astaxanthin market for the period 2014-2024 in terms of volume consumption in metric tons, market value in US$ and the compound annual growth rates (CAGRs) projected from 2017 through 2024.

Research Findings & Coverage

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
Astaxanthin from H. pluvialis Algae a Potential Key Ingredient in Sports Nutrition
Food and Beverages Get Supercharged with Algae Astaxanthin
Algae Astaxanthin Sector Posts a Scenario of Mixed Developments
Natural Astaxanthin's High Cost an Impediment to its Growth in the Aqua Feed Industry
Key business trends focusing on product innovations/developments, M&As, JVs and other recent industry developments
Major companies profiled - 37
The industry guide includes the contact details for 63 companies

Key Topics Covered:

PART A: GLOBAL MARKET PERSPECTIVE

1. INTRODUCTION
1.1 Product Outline
1.1.1 What is Astaxanthin?
1.1.1.1 Singlet Oxygen Quenching Ability
1.1.1.2 Antioxidant Properties of Astaxanthin
1.1.1.2.1 Antioxidant Power of Astaxanthin in Salmon
1.1.1.3 Bioavailability
1.1.1.4 Pharmacokinetics of Astaxanthin: Absorption, Distribution, Metabolism and Elimination (ADME)
1.1.1.5 Safety of Astaxanthin
1.1.2 The Chemistry of Astaxanthin
1.1.3 Health Benefits of Astaxanthin
1.1.3.1 Powerful Antioxidant
1.1.3.2 Effect on Diabetes Related Obesity
1.1.3.3 Improving and Protecting Cardiovascular Health
1.1.3.4 Delays Brain Aging
1.1.3.5 Stimulator of Eye Health
1.1.3.6 Prevention of Early Stage Cancer
1.1.3.7 Immune System Booster
1.1.3.8 Powerful Skin Protector
1.1.3.9 Benign Prostatic Hyperplasia
1.1.3.10 Infertility
1.1.3.11 Ulceration
1.1.4 Sources of Astaxanthin
1.1.4.1 Commercial Sources of Astaxanthin
1.1.4.1.1 Synthetic Astaxanthin
1.1.4.1.2 Natural Source Astaxanthin
1.1.4.1.2.1 Yeast - Xanthophyllomyces dendrorhous (Phaffia rhodozyma)
1.1.4.1.2.2 Bacteria - Paracoccus carotinifaciens
1.1.4.1.2.3 Microalgae - Haematococcus pluvialis
1.1.4.1.2.4 Shrimp and Other Crustaceans
1.1.5 Commercial Applications of Astaxanthin
1.1.6 Astaxanthin Product Forms
1.1.6.1 Synthetic Astaxanthin
1.1.6.2 Natural Source Astaxanthin
1.1.6.2.1 Haematococcus pluvialis Microalgae
1.1.6.2.1.1 Dried Algae Meal or Biomass
1.1.6.2.1.2 Oil or Oleoresin
1.1.6.2.1.3 Microencapsulated Powder or Beadlets
1.1.6.2.1.4 Cold Water Dispersible (CWD) Powder
1.1.6.2.1.5 Emulsion or Liquid
1.1.6.2.2 Other Natural Sources

2. COMMERCIAL ASTAXANTHIN PRODUCTION TECHNOLOGIES
2.1 Synthetic Astaxanthin Production
2.1.1 DSM (Roche) Synthesis Process
2.1.2 BASF Synthesis Process
2.1.3 Zhejiang NHU Synthesis Process
2.2 Astaxanthin Production from Natural Sources
2.2.1 Yeast (Xanthophyllomyces dendrorhous/Phaffia rhodozyma)
1. Igene Biotechnology, Inc.

Phaffia rhodozyma strains
Mutagenesis of Phaffia rhodozyma yeast cells
Antimycin Treatment
Fermentation
Cell Recovery and Product Preparation

2. Archer Daniels Midland (ADM)

Phaffia rhodozyma strains
Mutagenesis of Phaffia rhodozyma yeast cells
Screening and Fermentation
Cultivation Techniques
Cell Recovery and Product Preparation

2.2.2 Bacteria (Paracoccus carotinifaciens and Lactobacillus sp.)
1. JX Nippon Oil & Energy Corporation

Bacteria Strain
Mutagenesis of Paracoccus carotinifaciens
Fermentation
Cell Recovery and Product Preparation
Astaxanthin Extraction Process
Extraction with Ethanol
Micellization and Precipitation
Precipitation and Heat Washing
Pulverization/Drying

2. Guangzhou UDA Biotech Development Co., Ltd

Bacteria Strain
Fermentation

2.2.3 Shrimp Shells
2.2.3.1 BlueOcean NutraSciences Inc
2.2.4 Microalgae (Haematococcus pluvialis)

Strain Selection
Cultivation
Harvesting
Drying and Milling
Extraction and Purification

2.2.4.1 Haematococcus Pluvialis Cultivation Technologies
2.2.4.1.1 Closed PBRs Combined with Raceway Ponds
1. Cyanotech Corporation

Algae Strain
Algae Cultivation
Harvesting Cultivated Cells
Product Preparation and Extraction

2. Parry Nutraceuticals Ltd

Algae Strains
Algae Cultivation
Harvesting & Product Preparation

3. Jingzhou Natural Astaxanthin Inc

Algae Cultivation
Extraction

4. Atacama Bio Natural Products S.A.
5. Heliae Development LLC

Helix Seed Production Systems
Volaris Commercial Production Platform
Harvesting & Extraction

2.2.4.1.2 Closed Tubular Photo-bioreactors
1. Algatechnologies Ltd

Algae Cultivation
Phase I Cultivation
Phase II Cultivation
Harvesting Cultivated Cells
Product Preparation and Extraction

2. Beijing Gingko Group Biological Technology Co. Ltd (BGG)
3. Yunnan Alphy Biotech Co., Ltd.
2.2.4.1.3 Closed Tank/Cylinder Photo-bioreactors
1. Fuji Chemical Industry Co., Ltd (AstaReal Co., Ltd)

Algae Strain
Algae Cultivation
Harvesting Cultivated Cells
Product Preparation and Extraction

2. Algae Health (Slinte Alga Teoranta)
3. Algae to Omega Holdings, Inc.

Algae Strain
Creating Starter Culture from Seed Culture
Creating Working Culture from Starter Culture
Production Process
Harvesting

2.2.4.1.4 Closed Plastic Bag Photo-bioreactors
1. Supreme Health New Zealand Ltd
2.2.4.1.5 Closed Flat Panel Photo-bioreactors
1. Fraunhofer IGB & Subitec GmbH

3. KEY MARKET TRENDS
3.1 Astaxanthin from H. pluvialis Algae a Potential Key Ingredient in Sports Nutrition
3.2 Food and Beverages Get Supercharged with Algae Astaxanthin
3.3 Synthetic Astaxanthin Supplements Raise Concerns for Natural Astaxanthin Manufacturers
3.4 Natural Astaxanthin's High Cost an Impediment to its Growth in the Aqua Feed Industry
3.5 Natural Astaxanthin Producers' Strategies Tending Towards Vertical Integration and Business Expansion
3.6 Algae Astaxanthin Sector Posts a Scenario of Mixed Developments

4. PATENT PORTFOLIO
4.1 Important Patents for Chemical Synthesis of Astaxanthin
4.2 Important Patents for Haematococcus pluvialis Cultivation
4.3 Select Patents for Haematococcus pluvialis Downstream Processes
4.4 Select Patents for Astaxanthin from Other Natural Sources
4.5 Important Patents for Astaxanthin Applications

5. 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)
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)
Cyanotech Corporation (United States)
E.I.D Parry (India) Ltd. (India)
Alimtec SA (Chile)
Valensa International (U. S. Nutraceuticals LLC) (United States)
Ennature Biopharma - India Glycols Limited (India)
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)
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)
Regenurex Health Corporation (formerly AlgaeCan Biotech) (Canada)
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)
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
JX Nippon Oil & Energy Corporation (Japan)
NextFerm Technologies Ltd (Israel)

6. KEY BUSINESS TRENDS

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 Formulas Verified by IGEN
Cardax and HECL Form ZanthoSyn Distribution Pact for China
KnipBio Meal, Premium Aquafeed Ingredient Developed by KnipBio
Non-GMO Accreditation for Algalif's Astalf 5% and 10% Oleoresin Products
NOW Foods Formed Astaxanthin Distribution Pact with AlgaeHealth
Felcra and Algatech International Partner on Commercial Production of Algae
Algatech's AstaPure Natural Astaxanthin Verified by the Non-GMO Project
Two New US Patents Granted to Valensa
Algatechnologies Starts Marketing its AstaPure Astaxanthin in Brazil
Cyanotech's BioAstin SCE 5 and Vegan BioAstin Soft Gels are Now Halal Certified
US PTO Granted a Patent to Valensa's EyePro MD Formula
NIH Chose Cardax's Astaxanthin Compound for Anti-Aging Interventions Testing Program
Valensa Became Part of the Algae Biomass Organization
Lycored Formed a Joint Venture with Algatechnologies for Astaxanthin Distribution
Subitec Builds New Astaxanthin Production Facility for Algamo
MBD Energy to Complete the Construction of Australia's First Astaxanthin Plant
US FDA Granted Approval for Parry Nutraceuticals' Indian Microalgae Facility
Algatech's AstaPure Natural Astaxanthin Received NOP Certification from the USDA Agricultural Marketing Service
Algalif Receives EU Novel Food Certification for its Natural Astaxanthin
California GOLD Nutrition Astaxanthin Supplement Caps with TruAzta Label now Available on iHerb
Vegan and Vegetarian Certifications Granted for Heliae Astaxanthin Products
Algalif Introduces its Astalif Astaxanthin at Vitafoods Europe 2017
Launch of Algatechnologies' Whole-Algae AstaPure Natural Astaxanthin at Vitafoods 2017
AstaReal, the First and Only Preferred Supplier of Natural Astaxanthin Recognized by NASC
Algaetech Targets a Daily Sale of 500,000 Astaxanthin Eggs in the Next 24 Months
Both FDA GRAS and EU Novel Food Certifications for INNOBIO's Astaxanthin
Food Safety Authority of Ireland Approved AstaZine Natural Astaxanthin as a Novel Food
Heliae's Joint Venture, Alvita Starts Astaxanthin Operations in Japan
New NDI Notification Submitted by AlgaeHealth for Use of AstaZine at a Daily Dose of Over 12mg
NSF International Granted GMP Registration to AstaReal USA
Mitsubishi Corporation Subsidiary MC Biotech Opens Astaxanthin Production Facility in Brunei
Canadian Astaxanthin Producer, Regenurex Health Corporation's Astaxanthin is rebranded as Regenurex, replacing AstaVantage
Cyanotech's BioAstin SCE Products are Now Non-GMO Project Verified
Astavita Develops a New Astaxanthin Formulation AstaMed MYO for Clinical Dietary Management of Sarcopenia
Cardax Introduces ZanthoSyn Synthetic Astaxanthin Supplement
Launch of Valensa's Flex Pro ES Chewables
Algae Health Sciences, Inc is the New Name for BGG's Algae Subsidiary
BGG received a Notice of Trademark Infringement from ArcticFarma
Broadening of Taiwan Cement's Micro Algae Unit
Astarism for Skin Conditioning Introduced by Astavita
Solix Algredients Gets UL Registrar Certification for Solasta Astaxanthin
Commercial Launch of Astatude Astaxanthin by Algaetech International
Algaetech to Build its Second Astaxanthin Production Facility in Brunei
Withdrawal of AstaReal from NAXA
BGG to Broaden its Product Offering in Mexico
AstaReal Technologies Inc Merged into AstaReal Inc
AlgaeHealth's AstaZine Natural Astaxanthin gets FDA NDI Notification
Fuji Chemical Receives Halal and Kosher Certifications
AlgaeHealth's Astaxanthin Crop is Now Organic Certified
AstaSuper Natural Astaxanthin Feed Product Launched by Fenchem
Opening of BGG's Third Affiliate in Switzerland
AstaReal Natural Astaxanthin is now Non-GMO Project Verified
Frutarom and Algalo Industries Collaborate to Build a Modern Biotechnology Facility
Algatech and SCHOTT Signed a Deal to Gauge the Efficiency of Glass Tubing in PBR Systems
Broadening of Piveg's Carotenoid Production in Mexico
Supercritical Carbon Dioxide Extraction System Installed at Cyanotech's Facility in Kona, Hawaii
Heliae to Expand its Gilbert Algae Production Facility

7. GLOBAL MARKET OVERVIEW

PART B: REGIONAL MARKET PERSPECTIVE

Global Astaxanthin Market Overview by Geographic Region

REGIONAL MARKET OVERVIEW

8. NORTH AMERICA

9. EUROPE

10. JAPAN

11. ASIA-PACIFIC (EXCLUDING JAPAN)

12. SOUTH AMERICA

13. REST OF WORLD

PART C: GUIDE TO THE INDUSTRY

PART D: ANNEXURE

For more information about this report visit https://www.researchandmarkets.com/research/39f5zh/global?w=5

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