The Algal Pigments Market is projected to experience a CAGR of 4% from 2019 to 2025, with an anticipated value of $452.4 million by 2025. This growth is driven by the increasing use of algal pigments in various applications, including therapeutic and nutritional products, and a shift away from synthetic colors.
Earthrise Nutritionals, LLC
Founded in 1976 and based in California, U.S., Earthrise Nutritionals, LLC, is a leading producer of spirulina and spirulina-based products. The company’s global reach is supported by its partnership with DIC Corporation, enhancing its market presence.
Cyanotech Corporation
Cyanotech Corporation, established in 1983 and headquartered in Kailua Kona, Hawaii, U.S., focuses on microalgae-derived products such as Bioastin astaxanthin and spirulina. The company operates in Europe, Asia Pacific, and the Middle East & Africa.
BlueBioTech Int. GmbH
BlueBioTech Int. GmbH, founded in 2000 and based in Kaltenkirchen, Germany, specializes in R&D, production, and sales of microalgae products. Its offerings include microalgae concentrates and fine chemicals, as well as contract development services.