Algalif
Algalif is a privately held Icelandic biotech company that produces sustainable natural astaxanthin ingredients from microalgae for B2B customers in the dietary supplement, cosmetics, animal nutrition, and pharmaceutical industries worldwide.
- Company typePrivate
- Founded2012
- HeadquartersHafnir, Iceland
- Headcount51–100
- GTM typeB2B
- OfferingHardware or Manufacturing
What Algalif does
Algalif Iceland ehf. is a privately held Icelandic biotechnology company founded in 2012 that produces sustainable natural astaxanthin and other health-promoting microalgae-derived ingredients for global B2B customers. The company cultivates Haematococcus pluvialis in closed photobioreactor systems at its 13,500 m² Ásbrú facility in Reykjanesbær, Iceland, powered entirely by renewable geothermal energy and using pure Icelandic water, achieving Carbon Neutral certification. Extraction is performed using a proprietary solvent-free supercritical CO2 process, yielding astaxanthin oleoresins marketed as Astalíf™ (5%, 10%, 15%, and 20% concentrations), AstaBead™ 5% beadlets, Iceland Harvest™ 8mg bulk softgels for private label, and a Nutramunity™ beta-glucan immune-support ingredient. The company employs approximately 80 staff and recently completed a capacity-tripling expansion.
Algalif operates a B2B ingredient supply model, selling bulk ingredients and private-label finished softgels under multi-year contracts with MOQ requirements to dietary supplement, cosmetics, animal nutrition, and pharmaceutical manufacturers worldwide. Distribution is conducted through a direct sales organization with regional Key Account Managers covering Europe and Asia, supplemented by active participation in industry trade shows (Vitafoods Europe, Vitafoods Asia, SupplySide Global). Pricing is quote-based and not publicly disclosed. The company holds extensive regulatory certifications including cGMP, Novel Food (EU), GRAS (US), Non-GMO, Halal, and Kosher, which serve as a regulatory moat for global market access. In August 2025, Icelandic private equity fund ALDIR I slhf. acquired a 50% stake from founders Kenneth G. Bern and Andres K. Flaaten, and in December 2025 Kári Marís Guðmundsson replaced longtime CEO Orri Björnsson, signaling a transition toward scaling and global commercial execution.
Algalif firmographics
Firmographics- Name
- Algalif
- Legal name
- Algalif Iceland ehf.
- Website
- https://algalif.is
- Company type
- Private
- Founded year
- 2012
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- Algalif is a privately held Icelandic biotech company that produces sustainable natural astaxanthin ingredients from microalgae for B2B customers in the dietary supplement, cosmetics, animal nutrition, and pharmaceutical industries worldwide.
- Ownership category
- akta.pro rank
Algalif industry classification
Industry- Product category
- Nutraceutical Ingredients
- SIC
- Medicinal Chemicals & Botanical Products (2833), Food And Kindred Products (2000)
- akta.pro primary industry
- Antioxidants & Phytochemicals (Carotenoids, Tocopherols, Flavonoids, CoQ10, Resveratrol) (AFAJAKAI)
- akta.pro secondary industries
- Seaweed & Algae Aquaculture (incl. microalgae) (AFAEAAAE), Prebiotics & Dietary Fibers (Inulin, FOS/GOS, Resistant Starch, Beta-Glucan, Psyllium) (AFAJAKAF)
Keywords
Where Algalif is headquartered
LocationHeadquarters
- HQ city
- Hafnir
- HQ country
- Iceland
- HQ region
- Europe
Offices2 records
Markets served
Algalif business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Operations, Personnel, Technology or R&D, Marketing or Sales, Infrastructure
Revenue model
- Natural Astaxanthin Ingredients: B2B supply of sustainable natural astaxanthin oleoresins (Astalif 5%, 10%, 15%, 20%) and beadlets (AstaBead 5%) to dietary supplement, cosmetics, and functional food manufacturers worldwide
- Bulk Softgel Products: Private label Iceland Harvest bulk softgels (8mg astaxanthin) for wellness brands; available in fish gelatin or vegetarian capsules with MOQ requirements
- Nutramunity Beta-Glucan: Beta-glucan ingredient for immune support products available in bulk for private labels and retail
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Unit Pricing | Multi-year contract | Astalif Oleoresins (5%, 10%, 15%, 20%) - Bulk ingredient sales for manufacturers |
| Unit Pricing | Multi-year contract | AstaBead 5% Beadlets - Dispersible astaxanthin for various formulations |
| Unit Pricing | Multi-year contract | Iceland Harvest Bulk Softgels - 4mg dosage private label products |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels7 records
Algalif product offering
Product offeringCore offering
Algalif is a B2B supplier of sustainable natural astaxanthin ingredients and other health-promoting ingredients produced from microalgae (Haematococcus pluvialis) cultivated in Iceland. The portfolio centers on the Astalíf astaxanthin oleoresin line (5%, 10%, 15%, 20%), AstaBead 5% beadlets, Iceland Harvest bulk softgels (8mg), and Nutramunity beta-glucan, sold to dietary supplement, cosmetics, and functional food manufacturers worldwide.
Product overview
Algalif is a B2B supplier of sustainable natural astaxanthin and health-promoting ingredients produced from microalgae cultivated in Iceland. The product portfolio centers on the Astalíf™ Astaxanthin Oleoresin line (available in 5%, 10%, 15%, and 20% concentrations), supplemented by AstaBead™ 5% beadlets and Iceland Harvest™ bulk softgels at 8mg dosage. The company also offers Nutramunity™ Beta-Glucan as an immune support ingredient. All products are manufactured using 100% renewable geothermal energy and pure Icelandic water, with cGMP compliance and carbon-neutral certification.
Differentiator
Problem solved
Functional benefit
Brands
- Astalif: Astaxanthin Oleoresin available in 5%, 10%, 15%, and 20% concentrations.
- AstaBead
- Iceland Harvest
- Nutramunity
Products and services
- Astalíf™ Astaxanthin Oleoresin A standardized natural astaxanthin oleoresin available in 5%, 10%, 15%, and 20% concentrations, extracted using solvent-free supercritical CO2 technology. Designed for softgel capsules and topical oil-based skincare formulations, sold B2B to dietary supplement and cosmetics manufacturers.
- AstaBead™ Astaxanthin Beadlets Astaxanthin 5% beadlets for tablet and capsule formulations. Provides stable, easy-to-handle astaxanthin for dietary supplement manufacturing, sold in bulk to B2B manufacturers.
- Iceland Harvest™ Bulk Softgels Astaxanthin bulk softgels at 8mg dosage, available in fish gelatin or vegetarian capsule options. Designed for private-label supplement production with MOQ of 96,000 units (fish) or 120,000 units (vegetarian).
- Nutramunity™ Beta-Glucan A natural beta-glucan ingredient that supports the immune system. Available in bulk for private labels and retail purposes, sold B2B to manufacturers of immune support products.
Quantifiable outcome
- Over 100 human clinical trials supporting health benefits
- +2 more outcomes
Companies that use Algalif
Customer profileNamed customers2 records
Segments4 records
Ideal customer profiles4 records
Algalif technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
Algalif partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- EWELD Expo SolutionsminorCollaboration with EWELD Expo Solutions for design and construction of exhibition stand at Vitafoods Europe 2026, developed with focus on reuse, resource efficiency, and long-term sustainability using 100% reusable and recyclable elements.
Scale indicators6 records
Recent moves8 records
Expansion highlights5 records
Algalif competitors and assessment
Company assessmentDirect peers
- Cyanotech Corporation: Hawaii-based producer of natural astaxanthin from Haematococcus pluvialis microalgae under the BioAstin brand. Directly comparable as a natural astaxanthin ingredient supplier serving the dietary supplement industry with similar cultivation-based technology.
- AstaReal (Fuji Chemical Industries): Japanese-owned natural astaxanthin producer (formerly part of Fuji Chemical Industries) supplying astaxanthin ingredients for supplements and cosmetics globally. Comparable as a vertically integrated natural astaxanthin B2B supplier with strong clinical backing.
- BGG (Beijing Gingko Group): Chinese producer of natural astaxanthin and other botanical ingredients for the global nutraceutical market. Comparable as a B2B ingredient supplier targeting dietary supplement brands with astaxanthin and related microalgae/botanical extracts.
- INNOBIO Corporation: China-based manufacturer of microalgae-derived ingredients including natural astaxanthin for nutraceutical and functional food applications. Comparable as a microalgae-cultivation-based astaxanthin ingredient producer competing in global B2B channels.
Broad incumbents
- dsm-firmenich: Global nutrition and health ingredient major with a broad carotenoid portfolio and large B2B salesforce. Comparable as a much larger incumbent supplying antioxidant and nutraceutical ingredients to the same dietary supplement and functional food customer base.
- BASF: World's largest chemical company with a significant carotenoid business including synthetic astaxanthin for feed and aqua applications. Comparable as a broad incumbent that competes on price in adjacent astaxanthin end-markets and supplies large ingredient buyers globally.
- Kemin Industries: Privately held ingredient manufacturer serving human/animal nutrition and pet food with antioxidants, carotenoids, and specialty ingredients. Comparable as a B2B ingredient supplier with overlapping nutraceutical and animal nutrition customers.
- ADM (Archer Daniels Midland): Global agribusiness and major nutrition ingredient supplier with extensive plant- and microbe-derived ingredient offerings. Comparable as a broad incumbent supplying natural colors, flavors, and nutritional ingredients to food, beverage, and supplement manufacturers.
- Lallemand: Canadian-headquartered global developer and producer of yeast- and microalgae-based ingredients for human nutrition, animal feed, and aquaculture. Comparable as a microbe/microalgae-based ingredient producer with overlapping nutraceutical and animal nutrition channels.
- Kerry Group: Global taste and nutrition ingredient company serving food, beverage, and supplement manufacturers. Comparable as a broad incumbent offering functional ingredients and premixes that overlap with Algalif's nutraceutical and functional food customer base.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Algalif social profiles
Digital presenceAlgalif compliance and trust
Trust signalCompliance7 records
Algalif financial estimates
Financial estimateRevenue estimate
Valuation estimate
Algalif leadership team
Management profileNumber of profiles
Profiles11 records
Algalif funding detail
Funding detailFunding overview
Funding rounds1 record
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Algalif M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Algalif
What does Algalif do?
Algalif is a B2B supplier of sustainable natural astaxanthin ingredients and other health-promoting ingredients produced from microalgae (Haematococcus pluvialis) cultivated in Iceland. The portfolio centers on the Astalíf astaxanthin oleoresin line (5%, 10%, 15%, 20%), AstaBead 5% beadlets, Iceland Harvest bulk softgels (8mg), and Nutramunity beta-glucan, sold to dietary supplement, cosmetics, and functional food manufacturers worldwide.
Is Algalif a public or private company?
Algalif is a private company. It is classified as private equity controlled and is currently operating.
When was Algalif founded?
Algalif was founded in 2012. It employs 51 to 100 people.
Where is Algalif based?
Algalif is headquartered in Hafnir, Iceland, in the Europe region.
How does Algalif make money?
Three revenue lines are on record. Natural Astaxanthin Ingredients are the primary driver. The others are bulk Softgel Products and nutramunity Beta-Glucan.
Who are Algalif's main competitors?
Direct peers on record are Cyanotech Corporation, AstaReal (Fuji Chemical Industries), BGG (Beijing Gingko Group) and INNOBIO Corporation. Broad incumbents are dsm-firmenich, BASF, Kemin Industries, ADM (Archer Daniels Midland), Lallemand and Kerry Group.
Does Algalif have an API?
No public API is recorded for Algalif.
What industry is Algalif in?
Algalif's product category is Nutraceutical Ingredients. Its primary akta.pro industry code is AFAJAKAI, Antioxidants & Phytochemicals (Carotenoids, Tocopherols, Flavonoids, CoQ10, Resveratrol), with a secondary code of AFAEAAAE, Seaweed & Algae Aquaculture (incl. microalgae). Its SIC code is 2833.