Product Code: VMR112112007
The global demand for Algal Pigments Market is presumed to reach the market size of nearly USD 667.27 MN by 2030 from USD 350 MN in 2022 with a CAGR of 8.4% under the study period of 2023 - 2030.
Algal pigments are naturally occurring colored compounds found in various types of algae, which are photosynthetic organisms capable of converting light energy into chemical energy through photosynthesis. These pigments play a vital role in capturing and absorbing light for photosynthesis, and they also give algae their distinct colors, ranging from green to red, brown, and even blue-green.
MARKET DYNAMICS:
The algal pigments market is experiencing growth due to rising demand for natural colorants, nutritional supplements, and bioactive compounds across various industries. These offer natural alternatives to synthetic colorants in food, cosmetics, and textiles, aligning with the trend of clean-label products. Their recognized antioxidant and nutritional properties make them valuable in dietary supplements and functional foods, contributing to the health and wellness sector. Algal pigments are used as natural colorants in cosmetics and personal care products, meeting the demand for sustainable and plant-based ingredients. The environmental benefits of algal cultivation, coupled with regulatory preferences for sustainable ingredients, drive the market's adoption. Technological advancements enable scalable pigment extraction and production, further enhancing their commercial viability. The growing focus on health, wellness, and sustainability, along with the versatility of algal pigments in multiple applications, positions the market for continued expansion and innovation.
The report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of algal pigments. The growth and trends of Algal Pigments Industry provide a holistic approach to this study.
MARKET SEGMENTATION:
This section of the algal pigments market report provides detailed data on the segments by analyzing them at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Type
- Beta-Carotene
- Fucoxanthin
- Lutein
- Chlorophyll
- Phycocyanin
- Astaxanthin
- Phycoerythrin
By Form
By Source
- Microalgae
- Macroalgae/Seaweed
By Application
- Food & Beverages
- Pharmaceuticals
- Cosmetics
- Aquaculture
- Nutraceuticals
- Others
REGIONAL ANALYSIS:
This section covers the regional outlook, which accentuates current and future demand for the Algal Pigments market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the algal pigments market include BASF SE, Chr. Hansen Holding A/S, Cyanotech Corporation, DDW The Color House, DIC Corporation, E.I.D. Parry (India) Limited, Naturex S.A. (Part of Givaudan). Sensient Technologies Corporation, FMC Corporation, and Dohler GmbH. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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TABLE OF CONTENTS
1 . PREFACE
- 1.1. Report Description
- 1.1.1. Objective
- 1.1.2. Target Audience
- 1.1.3. Unique Selling Proposition (USP) & offerings
- 1.2. Research Scope
- 1.3. Research Methodology
- 1.3.1. Market Research Process
- 1.3.2. Market Research Methodology
2 . EXECUTIVE SUMMARY
- 2.1. Highlights of Market
- 2.2. Global Market Snapshot
3 . ALGAL PIGMENTS - INDUSTRY ANALYSIS
- 3.1. Introduction - Market Dynamics
- 3.2. Market Drivers
- 3.3. Market Restraints
- 3.4. Opportunities
- 3.5. Industry Trends
- 3.6. Porter's Five Force Analysis
- 3.7. Market Attractiveness Analysis
- 3.7.1 Market Attractiveness Analysis By Type
- 3.7.2 Market Attractiveness Analysis By Form
- 3.7.3 Market Attractiveness Analysis By Source
- 3.7.4 Market Attractiveness Analysis By Application
- 3.7.5 Market Attractiveness Analysis By Region
4 . VALUE CHAIN ANALYSIS
- 4.1. Value Chain Analysis
- 4.2. Raw Material Analysis
- 4.2.1. List of Raw Materials
- 4.2.2. Raw Material Manufactures List
- 4.2.3. Price Trend of Key Raw Materials
- 4.3. List of Potential Buyers
- 4.4. Marketing Channel
- 4.4.1. Direct Marketing
- 4.4.2. Indirect Marketing
- 4.4.3. Marketing Channel Development Trend
5 . GLOBAL ALGAL PIGMENTS MARKET ANALYSIS BY TYPE
- 5.1 Overview by Type
- 5.2 Historical and Forecast Data
- 5.3 Analysis by Type
- 5.4 Beta-carotene Historic and Forecast Sales by Regions
- 5.5 Fucoxanthin Historic and Forecast Sales by Regions
- 5.6 Lutein Historic and Forecast Sales by Regions
- 5.7 Chlorophyll Historic and Forecast Sales by Regions
- 5.8 Phycocyanin Historic and Forecast Sales by Regions
- 5.9 Astaxanthin Historic and Forecast Sales by Regions
- 5.10. Phycoerythrin Historic and Forecast Sales by Regions
6 . GLOBAL ALGAL PIGMENTS MARKET ANALYSIS BY FORM
- 6.1 Overview by Form
- 6.2 Historical and Forecast Data
- 6.3 Analysis by Form
- 6.4 Powder Historic and Forecast Sales by Regions
- 6.5 Liquid Historic and Forecast Sales by Regions
7 . GLOBAL ALGAL PIGMENTS MARKET ANALYSIS BY SOURCE
- 7.1 Overview by Source
- 7.2 Historical and Forecast Data
- 7.3 Analysis by Source
- 7.4 Microalgae Historic and Forecast Sales by Regions
- 7.5 Macroalgae/Seaweed Historic and Forecast Sales by Regions
8 . GLOBAL ALGAL PIGMENTS MARKET ANALYSIS BY APPLICATION
- 8.1 Overview by Application
- 8.2 Historical and Forecast Data
- 8.3 Analysis by Application
- 8.4 Food & Beverages Historic and Forecast Sales by Regions
- 8.5 Pharmaceuticals Historic and Forecast Sales by Regions
- 8.6 Cosmetics Historic and Forecast Sales by Regions
- 8.7 Aquaculture Historic and Forecast Sales by Regions
- 8.8 Nutraceuticals Historic and Forecast Sales by Regions
- 8.9 Others Historic and Forecast Sales by Regions
9 . GLOBAL ALGAL PIGMENTS MARKET ANALYSIS BY GEOGRAPHY
- 9.1. Regional Outlook
- 9.2. Introduction
- 9.3. North America Sales Analysis
- 9.3.1. Overview, Historic and Forecast Data Sales Analysis
- 9.3.2. North America By Segment Sales Analysis
- 9.3.3. North America By Country Sales Analysis
- 9.3.4. United State Sales Analysis
- 9.3.5. Canada Sales Analysis
- 9.3.6. Mexico Sales Analysis
- 9.4. Europe Sales Analysis
- 9.4.1. Overview, Historic and Forecast Data Sales Analysis
- 9.4.2. Europe by Segment Sales Analysis
- 9.4.3. Europe by Country Sales Analysis
- 9.4.4. United Kingdom Sales Analysis
- 9.4.5. France Sales Analysis
- 9.4.6. Germany Sales Analysis
- 9.4.7. Italy Sales Analysis
- 9.4.8. Russia Sales Analysis
- 9.4.9. Rest Of Europe Sales Analysis
- 9.5. Asia Pacific Sales Analysis
- 9.5.1. Overview, Historic and Forecast Data Sales Analysis
- 9.5.2. Asia Pacific by Segment Sales Analysis
- 9.5.3. Asia Pacific by Country Sales Analysis
- 9.5.4. China Sales Analysis
- 9.5.5. India Sales Analysis
- 9.5.6. Japan Sales Analysis
- 9.5.7. South Korea Sales Analysis
- 9.5.8. Australia Sales Analysis
- 9.5.9. South East Asia Sales Analysis
- 9.5.10. Rest Of Asia Pacific Sales Analysis
- 9.6. Latin America Sales Analysis
- 9.6.1. Overview, Historic and Forecast Data Sales Analysis
- 9.6.2. Latin America by Segment Sales Analysis
- 9.6.3. Latin America by Country Sales Analysis
- 9.6.4. Brazil Sales Analysis
- 9.6.5. Argentina Sales Analysis
- 9.6.6. Peru Sales Analysis
- 9.6.7. Chile Sales Analysis
- 9.6.8. Rest of Latin America Sales Analysis
- 9.7. Middle East & Africa Sales Analysis
- 9.7.1. Overview, Historic and Forecast Data Sales Analysis
- 9.7.2. Middle East & Africa by Segment Sales Analysis
- 9.7.3. Middle East & Africa by Country Sales Analysis
- 9.7.4. Saudi Arabia Sales Analysis
- 9.7.5. UAE Sales Analysis
- 9.7.6. Israel Sales Analysis
- 9.7.7. South Africa Sales Analysis
- 9.7.8. Rest Of Middle East And Africa Sales Analysis
10 . COMPETITIVE LANDSCAPE OF THE ALGAL PIGMENTS COMPANIES
- 10.1. Algal Pigments Market Competition
- 10.2. Partnership/Collaboration/Agreement
- 10.3. Merger And Acquisitions
- 10.4. New Product Launch
- 10.5. Other Developments
11 . COMPANY PROFILES OF ALGAL PIGMENTS INDUSTRY
- 11.1. Company Share Analysis
- 11.2. Market Concentration Rate
- 11.3. BASF SE
- 11.3.1. Company Overview
- 11.3.2. Company Revenue
- 11.3.3. Products
- 11.3.4. Recent Developments
- 11.4. Chr. Hansen Holding A/S
- 11.4.1. Company Overview
- 11.4.2. Company Revenue
- 11.4.3. Products
- 11.4.4. Recent Developments
- 11.5. Cyanotech Corporation
- 11.5.1. Company Overview
- 11.5.2. Company Revenue
- 11.5.3. Products
- 11.5.4. Recent Developments
- 11.6. DDW The Color House
- 11.6.1. Company Overview
- 11.6.2. Company Revenue
- 11.6.3. Products
- 11.6.4. Recent Developments
- 11.7. DIC Corporation
- 11.7.1. Company Overview
- 11.7.2. Company Revenue
- 11.7.3. Products
- 11.7.4. Recent Developments
- 11.8. E.I.D. Parry (India) Limited
- 11.8.1. Company Overview
- 11.8.2. Company Revenue
- 11.8.3. Products
- 11.8.4. Recent Developments
- 11.9. Naturex S.A. (Part of Givaudan)
- 11.9.1. Company Overview
- 11.9.2. Company Revenue
- 11.9.3. Products
- 11.9.4. Recent Developments
- 11.10. Sensient Technologies Corporation
- 11.10.1. Company Overview
- 11.10.2. Company Revenue
- 11.10.3. Products
- 11.10.4. Recent Developments
- 11.11. FMC Corporation
- 11.11.1. Company Overview
- 11.11.2. Company Revenue
- 11.11.3. Products
- 11.11.4. Recent Developments
- 11.12. Dohler GmbH
- 11.12.1. Company Overview
- 11.12.2. Company Revenue
- 11.12.3. Products
- 11.12.4. Recent Developments
Note - in company profiling, financial details and recent development are subject to availability or might not be covered in case of private companies