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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 companiesProduct OutlineThe report analyzes the market for the key types of Astaxanthin (based on raw materials) including: * Synthetic * Haematococcus pluvialis Microalgae * Paracoccus carotinifaciens BacteriaMajor application areas of Astaxanthin analyzed in this study comprise the following: * Nutraceuticals * Aqua & Animal Feed * Cosmetics * Food & BeveragesGeographic 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 WorldHaematococcus Pluvialis Microalgae * North America (United States and Canada) * South America * Europe * Japan * Asia-Pacific (excluding Japan) * Rest of WorldParacoccus Carotinifaciens Bacteria * North America * Europe * Japan * ChileKEY 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 ProductsCOMPANY PROFILESSynthetic 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 AstaxanthinHaematococcus 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)For more information about this report visit https://www.researchandmarkets.com/r/sz08cs Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research. CONTACT: CONTACT: ResearchAndMarkets.com Laura Wood, Senior Press Manager press@researchandmarkets.com For E.S.T Office Hours Call 1-917-300-0470 For U.S./CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900