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TOP 10 COMPANIES IN ALGAL PIGMENTS MARKET

04-21-2020 07:53 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Meticulous Research

The global algal pigments market is expected to grow at a CAGR of 4.0% from 2019 to 2025 to reach $452.4 million by 2025.

The growth in algal pigment market is mainly attributed to the key factors such as increased adoption of algal pigments for 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 rising need to enhance appearance of the food, cosmetic, and pharmaceutical products.

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".

To request a sample copy or view summary of this report, click the link below: https://www.meticulousresearch.com/request-sample-report/cp_id=5059

The global algal pigments market is majorly driven by 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 procedure 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.

Catch More Details @ https://www.meticulousresearch.com/product/algal-pigments-market-5059/

Scope of the Report:

Algal Pigments Market by Type
Beta Carotene
Astaxanthin
Fucoxanthin
Phycocyanin
Phycoerythrin
Lutein
Chlorophyll

Algal Pigments Market by Application
Food & Beverages
Nutraceuticals
Pharmaceuticals
Aquaculture
Cosmetics

Algal Pigments Market by Geography
North America
U.S.
Canada
Europe
Germany
France
Italy
U.K.
Spain
Rest of Europe (RoE)
Asia-Pacific (APAC)
China
India
Japan
Rest of Asia-Pacific (RoAPAC)
Rest of World
Latin America
The Middle East and Africa

Have Any Query? Ask Our Experts: https://www.meticulousresearch.com/speak-to-analyst/cp_id=5059

Key Players

The report includes a competitive landscape based on extensive assessment of the key strategic developments adopted by the leading market participants in the industry over the past 4 years (2016-2019). The key players profiled in the global algal pigments market report 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 @ https://meticulousblog.org/top-10-companies-in-algal-pigments-market/

Key questions answered in the report:
1. Food & beverages application to account for the largest share of the overall algal pigments market
2. How does the adoption of algal pigments in food & beverages application differ from the adoption in nutraceutical application?
Which are the high growth market segments in terms of type and regions/countries?

North America algal pigments market favors both larger and local manufacturers that compete in multiple segments
1. What are the top competitors in this market and 2. what strategies do they employ to gain shares?
3. What is driving the growth and which market segments have the highest potential for revenue expansion over the forecast period?
4. What strategies should new companies look to enter this market use to compete effectively?

Download key industry insights spread across 150 pages with 57 market data tables & 21 figures & charts from the market research report @ https://www.meticulousresearch.com/download-sample-report/cp_id=5059

Related Research
Algae Products Market by Value (Medium Value, High Value, And Low Value), Products (Hydrocolloids, Carotenoids, Omega-3 PUFA, Spirulina, Chlorella), Application (Food and Feed, Nutraceutical, Cosmetics, Chemicals) - Forecast 2022, read report: @ https://meticulousblog.org/top-companies-algae-products-market/

Contact us
Mr. Khushal Bombe
Meticulous Research
Direct Lines: +1-646-781-8004 (North America)
+44-203-868-8738 (Europe)
+91 744-7780008 (Asia-Pacific)
Email- sales@meticulousresearch.com

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.

With the meticulous primary and secondary research techniques, we have built strong capabilities in data collection, interpretation, and analysis of data including qualitative and quantitative research with the finest team of analysts. We design our meticulously analyzed intelligent and value-driven syndicate market research reports, custom studies, quick turnaround research, and consulting solutions to address business challenges of sustainable growth.

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