Top 10 Companies in the Astaxanthin Beadlets Industry (2025): Market Leaders Powering Nutraceutical and Cosmetic Innovations

In Business Insights
June 30, 2025

The Global Astaxanthin Beadlets Market was valued at USD 428.7 Million in 2024 and is projected to reach USD 682.3 Million by 2032, growing at a Compound Annual Growth Rate (CAGR) of 5.9% during the forecast period (2024–2032). This growth is driven by escalating demand for natural antioxidants in nutraceuticals, cosmetics, and functional foods, along with increasing consumer awareness of astaxanthin’s health benefits.

As industries shift toward clean-label ingredients and sustainable sourcing, astaxanthin beadlets—microencapsulated formulations that enhance stability and bioavailability—are gaining prominence. In this analysis, we profile the Top 10 Companies in the Astaxanthin Beadlets Industry, featuring biotechnology innovators, chemical giants, and specialized manufacturers shaping this dynamic market.


🔟 1. DSM (Koninklijke DSM N.V.)

Headquarters: Heerlen, Netherlands
Key Offering: Synthetic and natural astaxanthin beadlets (CAROGLO®)

DSM is a global leader in nutritional solutions, offering high-purity astaxanthin beadlets for aquaculture, dietary supplements, and cosmetics. Their proprietary microencapsulation technology ensures superior oxidative stability and dosage accuracy.

Market Position:

  • Controls ~22% of global astaxanthin beadlets market share

  • Patented fermentation technology for high-yield production

  • Supplies over 40 nutraceutical brands worldwide

Download FREE Sample Report: Astaxanthin Beadlets Market – View in Detailed Research Report


9️⃣ 2. Fuji Chemical Industries Co., Ltd.

Headquarters: Toyama, Japan
Key Offering: Natural astaxanthin beadlets (AstaReal®)

Fuji Chemical specializes in algae-based astaxanthin, commanding ~30% of the global natural astaxanthin market. Their beadlet formulations feature enhanced bioavailability through proprietary lipid-based encapsulation.

Market Position:

  • Operates the world’s largest closed-system algae farms

  • Holds 45+ clinical study validations

  • Supplies major cosmetic brands including Shiseido and L’Oréal


8️⃣ 3. BASF SE

Headquarters: Ludwigshafen, Germany
Key Offering: Synthetic astaxanthin beadlets (Lucantin®)

BASF supplies high-performance astaxanthin beadlets primarily for aquaculture feed applications, leveraging its petrochemical synthesis expertise to ensure cost-effective, standardized potency.

Market Position:

  • 25% market share in aquafeed sector

  • Produces 850 metric tons annually

  • Patented coating technology prevents leaching in water

Download FREE Sample Report: Astaxanthin Beadlets Market – View in Detailed Research Report


7️⃣ 4. BGG (Beijing Ginkgo Group)

Headquarters: Beijing, China
Key Offering: Organic astaxanthin beadlets (Astazen®)

BGG operates one of Asia’s largest microalgae cultivation facilities, producing USP-grade astaxanthin beadlets with CO2-neutral production methods for premium supplement brands.

Market Position:

  • 15% market share in Asia-Pacific

  • 600+ metric ton annual production capacity

  • Exclusive supplier to 3 leading Chinese nutraceutical companies


6️⃣ 5. Zhejiang NHU Company Ltd.

Headquarters: Shaoxing, China
Key Offering: Synthetic astaxanthin beadlets

As China’s largest synthetic astaxanthin producer, NHU supplies cost-efficient beadlet formulations for mass-market applications, particularly in aquaculture and animal nutrition sectors.

Market Position:

  • 40% domestic market share in China

  • Supplies 80% of China’s salmon feed market

  • Patented stabilization for tropical climates


5️⃣ 6. Algatechnologies Ltd. (Algatech)

Headquarters: Kibbutz Ketura, Israel
Key Offering: Organic astaxanthin beadlets (Astacos®)

Algatech utilizes patented photobioreactor technology to produce high-potency astaxanthin beadlets, with products certified as organic, kosher, and halal for global markets.

Market Position:

  • 65% revenue from European supplement brands

  • Carbon-negative production process

  • USP pharmaceutical-grade formulations

Download FREE Sample Report: Astaxanthin Beadlets Market – View in Detailed Research Report


4️⃣ 7. Cyanotech Corporation

Headquarters: Kailua-Kona, Hawaii, USA
Key Offering: Natural astaxanthin beadlets (BioAstin®)

Cyanotech’s beadlets are derived from Hawaiian-grown microalgae, featuring superior antioxidant capacity (ORAC value >40,000 μmol TE/g) for premium nutraceutical applications.

Market Position:

  • 90% U.S. market share for natural astaxanthin

  • Supplies 50+ supplement brands including NOW Foods

  • FDA-approved manufacturing facility


3️⃣ 8. JXTG Nippon Oil & Energy Corporation

Headquarters: Tokyo, Japan
Key Offering: Synthetic astaxanthin beadlets for aquaculture

This Japanese petrochemical leader provides high-stability beadlets optimized for shrimp and salmonid feeds, with specialized coatings to prevent leaching in water.

Market Position:

  • 35% share in Japan’s aquaculture sector

  • Supplies 70% of Vietnam’s shrimp farms

  • 10% annual growth in Asian markets


2️⃣ 9. Valensa International

Headquarters: Eustis, Florida, USA
Key Offering: Organic astaxanthin beadlets (Zanthin®)

Valensa combines astaxanthin with other bioactive compounds in its beadlet formulations, targeting synergistic health benefits for joint, eye, and immune support supplements.

Market Position:

  • Specializes in combination formulations

  • GRAS status for 15 food applications

  • 40% revenue from private label supplements


1️⃣ 10. Cardax, Inc.

Headquarters: Honolulu, Hawaii, USA
Key Offering: Pharmaceutical-grade astaxanthin beadlets (CDX-085)

Cardax focuses on clinically validated astaxanthin formulations, with patented beadlet technology enabling high-dose applications for inflammatory conditions and metabolic health.

Market Position:

  • Phase 3 trials for osteoarthritis indications

  • 58 issued patents worldwide

  • Exclusive licensing agreements with 3 pharma companies

Get Full Report Here: Astaxanthin Beadlets Market – View in Detailed Research Report


🌍 Outlook: The Future of Astaxanthin Beadlets

The astaxanthin beadlets market is evolving rapidly, driven by technological advancements in microencapsulation and growing demand for multifunctional nutricosmetics. Manufacturers are prioritizing sustainable production methods and clinical validation to differentiate their offerings.

📈 Key Market Trends:

  • Emerging applications in eye health supplements and anti-aging skincare (projected 12% annual growth)

  • Increasing preference for natural over synthetic astaxanthin (65% of 2024 demand)

  • Development of plant-based beadlet coatings for vegan formulations

  • Strategic partnerships between suppliers and pharmaceutical companies

Get Full Report Here: Astaxanthin Beadlets Market – View in Detailed Research Report

The companies profiled above are not only supplying astaxanthin—they’re advancing its applications through cutting-edge formulation science and sustainable production methods that meet evolving consumer and industry demands.