openPR Logo
Press release

Algal Pigments Market Worth $452.4 Million by 2025| Meticulous Research

03-04-2020 07:27 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Meticulous Research

Algal Pigments Market Worth $452.4 Million by 2025| Meticulous

Meticulous Research - leading global market research company published a research report titled "Algal Pigments Market by Type (Beta Carotene, Astaxanthin, Fucoxanthin, Phycocyanin, Phycoerythrin), Application (Food & Beverages, Nutraceuticals, Aquaculture, Cosmetics, Pharmaceuticals), and Geography - Global Forecast to 2025".

According to this latest publication from Meticulous Research, the global Algal Pigments Market is expected to grow at a CAGR of 4.0% from 2019 to 2025 to cross $452.4 million by 2025.

For better understanding Request Sample Copy of Report @ http://bit.ly/2PMAzTj

This is primarily attributed to factors such as increased adoption of algal pigments to be used in the manufacturing of therapeutic & nutritional products; growing reluctance towards usage of synthetic colors, due to stringent regulations on synthetic colors and hazardous health issues occurred due to usage of synthetic colors; inclination towards usage of clean-label products, growing demand for natural colorants, and need to enhance appearance of the food, cosmetic, and pharmaceutical products. Increasing the extraction of phycocyanin is providing significant opportunities for the algal pigments market. However, the high cost of natural colors, complex production procedures of algae, and risk of algae contamination are expected to hinder the growth of the global algal pigments market to some extent.

The global algal pigments market study presents historical market data in terms of value and volume (2017 and 2018), estimated current data (2019), and forecasts for 2025 - by type (Beta Carotene, Astaxanthin, Fucoxanthin, Phycocyanin, Phycoerythrin) and application (food & beverages, nutraceuticals, pharmaceuticals, aquaculture, cosmetics, others). The study also evaluates industry competitors and analyses the market at a country level.

BUY Complete Report spread across 150 pages comprising in-depth TOC, 57 tables and 21 figues including all graphs and charts, published in Jan 2020 @ http://bit.ly/2PKdmBe

Based on type, the global algal pigments market is segmented into beta carotene, astaxanthin, lutein, phycocyanin, chlorophyll, and fucoxanthin. Beta carotene is estimated to hold the largest share of the overall algal pigments market in 2019. The large share of this segment is mainly attributed to its growing use as a food coloring agent; pro-vitamin A (retinol) in food and animal feed; additive to cosmetics and multivitamin preparations; and health food product under the antioxidant category in various industries. The most commonly used microalgae for the production of beta carotene are Dunaliella salina, Scenedesmus almeriensis, and Dunaliella bardawil. Moreover, several industrial production plants of beta carotene are in operation around the world, including Australia, Israel, the U.S., India, and China. However, phycocyanin market is expected to witness the fastest growth in the overall algal pigments market. The rapid growth of this market is attributed to factors such as growing demand from food and beverage industry, where it is used as a natural food colorant; rising demand for natural food colorants; growing investment from leading players; and expanding application areas of phycocyanin.

Based on application, the global algal pigments market is segmented into food & beverages, nutraceuticals, pharmaceuticals, aquaculture, cosmetics, and others. Food and beverages industry commanded the largest share of the global algal pigments market in 2019. Food & beverages application is estimated to hold the largest share of the overall algal pigments market in 2019. The large share of this segment is mainly attributed to factors such as increasing consumer demand for plant-derived alternatives, stringent regulations against the use of synthetic colors in food products, and properties of algal pigments such as high nutritive value, eco-friendly nature, non-toxicity, and non-carcinogenicity. However, nutraceutical application is expected to witness rapid growth during the forecast period, mainly due to growing health and wellness trend.

Inquire or share your questions if any before the purchasing this report @ http://bit.ly/3apv44N

Based on geography, the algal pigments market is divided into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. Europe region is estimated to command the largest share of the global algal pigments market in 2019, followed by North America. The large share of this region is mainly attributed to factors such as huge food and beverages industry; strict regulations against the use of synthetic colors; growing health and wellness trends; large demand for natural colorants from various end-use industries; the presence of number of algal pigment manufacturers; and growing government focus on algae industry

However, Asia-Pacific region is expected to witness a significant growth during the forecast period, mainly due to the presence of several local and regional players in this region, various government initiatives to promote the use of algae, growing consumption of natural food ingredients, and growing demand of processed food products in emerging and developing countries including India, China, Indonesia, and Thailand.

The key players operating in the global algal pigments market are Earthrise Nutritionals, LLC (U.S.), Cyanotech Corporation (U.S.), Zhejiang Binmei Biotechnology Co., Ltd. (China), Bluetec Naturals Co., Ltd (China), BlueBioTech Int. GmbH (Germany), Algatechologies Ltd. (Israel), E.I.D. - Parry (India) Limited (India), Tianjin Norland Biotech Co., Ltd (China), AlgaeCan Biotech Ltd. (Canada), AstaReal AB (Sweden), Algae Health Sciences (U.S.), Sochim International S.p.A. (Italy), D.D. Williamson & Co., Inc. (U.S.), Chlostanin Nikken Nature Co. Ltd. (China), and BASF Corporation (Germany).

TOP 10 COMPANIES IN ALGAL PIGMENTS MARKET @ http://bit.ly/3czgNVl

Key questions answered in the report-

Which are the high growth market segments in terms of type, application, and countries?

What is the historical market for algal pigment across the globe?

What are the market forecasts and estimates from the period 2019-2025?

What are the major drivers, restraints, and opportunities in the global algal pigments market?

Who are the major players in the global algal pigments market and what share of the market do they hold?

Who are the major players in various countries and what share of the market do they hold?

How is the competitive landscape?

What are the recent developments in the global algal pigments market?

What are the different strategies adopted by the major players in the global algal pigments market?

What are the geographic trends and high growth countries?

Who are the local emerging players in the global algal pigments market and how do they compete with the other players?

Download free sample report and gain crucial industry insights @ http://bit.ly/2PKdvEM

More Trending Research Paper

Algae products market is expected to reach USD 3,318.1 million by 2022, at a CAGR of 6.7% during the forecast period of 2017 to 2022 @ http://bit.ly/3atS2bd

Alternative Proteins: The Market at the Cusp of Multi-billion Dollar Growth- Alternative protein market is expected to grow at a CAGR of 9.5% from 2019 to reach $17.9 billion by 2025. In terms of volume, the market is expected to grow at a CAGR of 5.2% from 2019 to reach 9,787.4 KMT by 2025. @ http://bit.ly/3cwPTgv

Plant Based Protein Market worth $14.32 billion by 2025 @ http://bit.ly/2Tx26t0

Contact Us:
Meticulous Research
Email- sales@meticulousresearch.com
Contact Sales- +1-646-781-8004
Connect with us on LinkedIn- https://www.linkedin.com/company/meticulous-research

About Meticulous Research

The name of our company defines our services, strengths, and values. Since the inception, we have only thrived to research, analyze and present the critical market data with great attention to details.

Meticulous Research was founded in 2010 and incorporated as Meticulous Market Research Pvt. Ltd. in 2013 as a private limited company under the Companies Act, 1956. Since its incorporation, with the help of its unique research methodologies, the company has become the leading provider of premium market intelligence in North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa regions.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Algal Pigments Market Worth $452.4 Million by 2025| Meticulous Research here

News-ID: 1953469 • Views:

More Releases from Meticulous Research

Protein Bar Market Growth Trends, Consumer Preferences, and Future Opportunities …
The Evolution of the Protein Bar Market: From Sports Nutrition to Everyday Wellness The global protein bar market has transformed dramatically over the last decade, evolving from a niche sports nutrition category into a mainstream health and wellness segment. Valued at USD 5.86 billion in 2025, the market is projected to reach USD 12.84 billion by 2036, reflecting strong consumer demand for convenient, protein-rich snack options. As lifestyles become increasingly busy
TPU Market Size to Reach $5.3 Billion by 2032 | Industry Growth Report
Introduction The thermoplastic polyurethane (TPU) market is on a steady growth trajectory, projected to reach $5.3 billion by 2032, expanding at a CAGR of 7.3% during the forecast period. In terms of volume, consumption is expected to hit 1,519 kilotons by 2032. This growth is largely influenced by increasing applications across industries such as automotive, footwear, and industrial manufacturing. At the same time, the shift toward environmentally sustainable materials is creating
Global Active Speaker Market - Competitive Scenario & Key Insights (2025-2035)
Global Active Speaker Market Overview The global active speaker market is experiencing steady expansion, supported by rapid technological advancements and changing consumer preferences. The market was valued at USD 12.8 billion in 2024 and is projected to grow from USD 13.8 billion in 2025 to USD 29.1 billion by 2035, reflecting a CAGR of 7.6% during the forecast period. This growth is largely driven by the increasing demand for wireless and
The Cloud Managed Services Market is projected to reach $247.5 billion by 2030
The Cloud Managed Services Market is projected to reach $247.5 billion by 2030, growing at a robust CAGR of 14.2% from 2023 to 2030. This growth is fueled by advancements in cloud technologies, increasing demand in sectors like BFSI and healthcare, and a rising focus on customized and managed cloud services. However, challenges such as high costs, security risks, compliance issues, and limited flexibility may impact market growth. Download free

All 5 Releases


More Releases for China

China fund establishment, China fund management,china investment management
Pandacu China is a leading financial institution that specializes in providing fund establishment and management services for domestic and international investors looking to invest in China. The company was founded in 2015 by a team of experienced finance professionals with a deep understanding of the Chinese market and a strong network of contacts in the investment industry. https://boomingfaucet.com/ China Fund Establishment Consultation E-mail:nolan@pandacuads.com Investing in China can be a complex and challenging process, and
China Finance Advisor, China Debt Finance Corporation,China Investment Corporati …
Investment bank is a financial institution that helps companies and governments raise capital by underwriting and issuing securities, and also provides advice on mergers and acquisitions, strategic investments, and other financial matters. Investment banks typically have a team of professionals with expertise in various areas such as corporate finance, securities underwriting, sales and trading, and market research. http://pandacuads.com/ China Investment Corporation Email:nolan@pandacuads.com Some of the main services provided by investment banks include: Underwriting: Investment banks
china construction company,china engineering company,china major bridge engineer …
List of Top 500 Chinese Construction Enterprises ranking https://gzwatches.cn/ Free engineering construction consultation Email:nolan@wholsale9.com Company Name province 1 China State Construction Corporation Limited Beijing 2 China Railway Corporation Limited Beijing 3 China Railway Construction Corporation Limited Beijing 4 Shanghai Weimengsi Construction Engineering Co., Ltd. Shanghai 5 China Communications Construction Group Co., Ltd. Beijing 6 China Power Construction Corporation Limited Beijing 7 China Energy Construction Group Co., Ltd. Beijing 8 Shanghai Construction Engineering Group Co., Ltd. Shanghai 9 Jiangsu Zhongnan Construction Industry Group Co., Ltd. Jiangsu 10 China Gezhouba Group Co., Ltd. Hubei 11 China National Chemical Engineering Co., Ltd. Beijing 12 Sinoma Group Co., Ltd. Beijing 13 Guangxi Construction Engineering Group Co., Ltd. Guangxi 14 Shanghai Urban
Forehead Thermometer Market Analysis (2019- 2025)| Microlife (China), Radiant (C …
This research study is one of the most detailed and accurate ones that solely focus on the global Forehead Thermometer market. It sheds light on critical factors that impact the growth of the global Forehead Thermometer market on several fronts. Market participants can use the report to gain a sound understanding of the competitive landscape and strategies adopted by leading players of the global Forehead Thermometer market. The authors of
Childcare Robots Market 2018 Global Top Highlighted Vendors - Ba Ba Teng(China), …
Global Childcare Robots Market Professional Survey Report 2018, presented by ResearchStore.biz is a complete study made by implementing a wonderful research procedure to assemble key data of this worldwide market. The report covers 2013 to 2018 market outlines along with market review, division of the business, industry scope, current market, and future forecast using Industry Top Players, Types and their End user. The report packs thoughtful market insights, historical analysis,
Global Color Steel Tile Market 2017 - South China, East China, Southwest China, …
Color Steel Tile Market Research Report A market study based on the " Color Steel Tile Market " across the globe, recently added to the repository of Market Research, is titled ‘Global Color Steel Tile Market 2017’. The research report analyses the historical as well as present performance of the worldwide Color Steel Tile industry, and makes predictions on the future status of Color Steel Tile market on the basis