Algatechnologies expands production capacity

By Dominique Patton

- Last updated on GMT

Related tags Carotenoid Salmon

Israeli astaxanthin producer Algatechnologies is adding new
production capacity to meet growing demand for the carotenoid,
increasingly recognized for its health properties.

Astaxanthin is a natural red pigment previously produced mainly for feeding to farmed salmon to enhance their colour. But recent studies suggesting that astaxanthin is a more powerful antioxidant than the vitamins C and E, and even other carotenoids such as lutein, lycopene and beta-carotene, has spurred new sales to supplement makers.

Algatechnologies has developed a cost-effective process to produce the carotenoid from the microalgae Haematococcus pluvialis​. It has recently secured several long-term agreements with leading companies in the industry.

In an initial phase the company will increase its capacity to a total of 1.4 metric tons of astaxanthin. In a second phase this will be expanded to reach 2-3 metric tons.

"The market is ready to use this exciting carotenoid in several categories," said Ed Hofland, chairman of the firm.

Frost & Sullivan estimates that astaxanthin is now one of the fastest growing carotenoids in Europe. But in early 2004 only 1 ton of astaxanthin was being used for supplements, compared to up to 150 tons for the aquaculture industry.

Since then, Algatechnologies has promoting its product for food and supplement use.

Related topics Suppliers Antioxidants/carotenoids

Related news

Show more

Related products

show more

Is your brand reputation at risk?

Is your brand reputation at risk?

Content provided by FoodChain ID | 04-Oct-2023 | White Paper

FoodChain ID has developed a new white paper, “Current Food Supply Chain Threats - Is Your Company's Brand Reputation at Risk?” examining recent regulatory...

Robuvit® for Natural Energy and Mitochondrial Support

Robuvit® for Natural Energy and Mitochondrial Support

Content provided by Horphag Research | 01-May-2023 | Clinical Study

Robuvit® French oak extract is a caffeine-free natural energizer that provides support for managing fatigue and improving energy levels. Learn how this...

Redefining Cognitive Health with Neumentix™

Redefining Cognitive Health with Neumentix™

Content provided by Kemin Human Nutrition and Health | 18-Apr-2023 | Product Brochure

Find out how Neumentix™, a naturally sourced ingredient grown from patented spearmint high in polyphenols, may nourish the mind.

Follow us


View more