Commercial astaxanthin production derived by green alga Haematococcus pluvialis: A microalgae process model and a techno economic assessment all through production line
Abstract The freshwater green microalgal strain Haematococcus pluvialis is the richest source for the production of astaxanthin. Astaxanthin is member of the xanthophyll family of carotenoids and constitutes the highest value product derived by microalgae. So far, algal astaxanthin amounts to 3 /year and 23,793 m 3 /year are needed for the production of 426 kg/year and 143 kg/year astaxanthin in Livadeia and Amsterdam respectively. Regarding total energy needs, they were calculated at 751.2 MWh/year and 396.5 MWh/year for the Greek and the Dutch city respectively. With respect to the economic performance, a Profit and Loss (P&L) analysis was conducted applying three scenarios (worst base and best case) Determining CAPEX and annual OPEX, the return of investment (ROI) for different market prices of astaxanthin was calculated. It was found that only in Livadeia high economic viability can be achieved for all market prices. The costs per kilogram of natural astaxanthin for Livadeia and Amsterdam were calculated at EUR1536/kg ASTAX and EUR6403/kg ASTAX respectively (best case scenario) rendering natural astaxanthin unable to compete with the synthetic alternative (EUR880/kg ASTAX yet, at least for feeding purposes.