The Global Astaxanthin Oleoresin Market was valued at USD 41.1 Million in 2024 and is projected to reach USD 80.9 Million by 2032, growing at a Compound Annual Growth Rate (CAGR) of 10.4% during the forecast period (2024–2032). This growth is driven by increasing demand for natural antioxidants in nutraceuticals, cosmetics, and functional foods, along with expanding applications in aquaculture and animal feed sectors.
As health-conscious consumers shift toward natural ingredients with scientifically proven benefits, astaxanthin oleoresin—a powerful carotenoid derived from microalgae—has emerged as a key ingredient in premium nutrition and personal care products. In this blog, we profile the Top 10 Companies in the Astaxanthin Oleoresin Industry, highlighting their innovations, production capacities, and sustainability efforts.
🔟 1. DSM (Koninklijke DSM N.V.)
Headquarters: Heerlen, Netherlands
Key Offering: Natural Astaxanthin Oleoresin (5%, 10%), Synthetic Astaxanthin
DSM is a global leader in nutritional solutions, producing high-purity astaxanthin oleoresin through proprietary microalgae fermentation technology. Their products are widely used in dietary supplements, functional foods, and premium cosmetics.
Key Differentiators:
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World’s largest vertically integrated astaxanthin production
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FDA-GRAS and EU Novel Food certified
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Sustainable cultivation with closed photobioreactors
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Astaxanthin Oleoresin Market – View in Detailed Research Report
9️⃣ 2. Cyanotech Corporation
Headquarters: Kailua-Kona, Hawaii, USA
Key Offering: BioAstin® Natural Astaxanthin Oleoresin (5%, 10%)
Cyanotech specializes in Hawaiian-grown microalgae (Haematococcus pluvialis) for its BioAstin® brand, recognized for superior antioxidant properties and bioavailability.
Key Differentiators:
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100% solar-powered cultivation in pristine Hawaiian waters
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Non-GMO Project Verified and USDA Organic certified
8️⃣ 3. Fuji Chemical Industries Co., Ltd.