Herbridge, 7 April 2011_Haematococcus pluvialis was identified as novel food by Ministry of Health in Oct.2010 in China. The favorable policy has brought more opportunities in domestic market. Astaxanthin is primarily for food and feed applications in China. Most domestic maufacturers offer various astaxanthin lines, including the crude, oils and capsules.
The astaxanthin production started relatively late in China. The combination of fierce competitions in international market and favorable policy and growing demand in domestic market drive domestic manufacturers to develop and prompt domestic market. According to herbridge.com, China is a promising market for astaxanthin, and most export-oriented manufacturers have switched to domestic market.
According to herbridge.com, the market has been stable since H1 2010 in China. The prices for 2.5% pure astaxanthin (powder) and 5% pure astaxanthin (oil) are maintained around 1900RMB/kg and 12000RMB/kg, respectively. The market is expected to keep stable in the following months in China.
Copyright: www.herbridge.com
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