Cyanotech (Kailua-Kona, HI) announced plans to take production capacity up by 33% due to increased demand this year.
Cyanotech (Kailua-Kona, HI) announced plans to take production capacity up by 33% due to increased demand this year.
“With our astaxanthin sales almost doubling since January, we have ramped up production and are realizing record yields month after month,” stated Brent Bailey, president and CEO, in a press release. He says the enhanced production capacity should be “fully on line” in six months.
According to the company in its press release:
“Demand for astaxanthin has increased steadily in the supplement industry this year since Dr. Joseph Mercola went on the Dr. Oz show, proclaiming it ‘The #1 supplement you’ve never heard of that you should be taking.’ This segment has aired three times and Dr. Mercola has followed up with several e-newsletters and YouTube segments extolling the benefits of astaxanthin.
Bailey noted, “We’ve been able to benefit from this recognition because Cyanotech has the world’s largest production capacity and we had excellent inventory levels coming into this period of increased demand in January. We’re seeing demand continue to build nine months after the first Dr. Oz segment initially aired.”
The Nutritional Outlook Podcast Episode 33: Keeping up with contract manufacturing
July 26th 2024Nutritional Outlook talks to Lauren Samot, commercial innovation leader, and Blayney McEneaney, sales executive at Vitaquest International, about trends within the contract manufacturing space, and the ways in which contract manufacturers like Vitaquest keep up with the market and differentiate themselves from the competition.