Algal Pigments Market by Type (Carotenoids, Chlorophylls, Phycobilins), Form (Liquid, Powder), Source, Application - Global Forecast 2024-2030

Algal Pigments Market by Type (Carotenoids, Chlorophylls, Phycobilins), Form (Liquid, Powder), Source, Application - Global Forecast 2024-2030


The Algal Pigments Market size was estimated at USD 794.29 million in 2023 and expected to reach USD 842.62 million in 2024, at a CAGR 6.19% to reach USD 1,209.41 million by 2030.

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Algal Pigments Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Algal Pigments Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Algal Pigments Market, highlighting leading vendors and their innovative profiles. These include Algae Health Sciences - A BGG company, Algatechnologies Ltd., AstaReal Co., Ltd., BASF SE, Bluetec Naturals Co., Ltd., Cardax, Inc., Cargill, Incorporated, Cellana, Inc., Chlostanin Nikken Nature Co. Ltd., Cyanotech Corporation, DDW, Inc., DIC Group, Divi's Laboratories Limited, E.I.D.-Parry (India) Limited, Earthrise Nutritionals LLC, Fuji Chemical Industries Co., Ltd., Kemin Industries, Inc., Mera Pharma GmbH, Merck KGaA, Sensient Technologies Corporation, Shaivaa Algaetech LLP, Sochim International S.p.A., Tianjin Norland Biotech Co. Ltd., Valensa International, and Zhejiang Binmei Biotechnology Co., Ltd..

Market Segmentation & Coverage

This research report categorizes the Algal Pigments Market to forecast the revenues and analyze trends in each of the following sub-markets:

Type

Carotenoids

Astaxanthin
  • Canthaxanthin
  • Fucoxanthin
  • Lutein
  • Zeaxanthin
  • β-cryptoxanthin
  • Chlorophylls

    Chlorophyl
  • Chlorophyll
  • Phycobilins

    Phycocyanin
  • Phycoerythrin
  • Form

    Liquid
  • Powder
  • Source

    Macroalgae/Seaweed

    Brown Seaweed
  • Green Seaweed
  • Red Seaweed
  • Microalgae

    Chlorella
  • Dunaliella Salina
  • Haematococcus Pluvialis
  • Spirulina
  • Application

    Aquaculture
  • Cosmetics
  • Food & Beverages
  • Nutraceuticals
  • Pharmaceuticals
  • Region

    Americas

    Argentina
  • Brazil
  • Canada
  • Mexico
  • United States

    California
  • Florida
  • Illinois
  • New York
  • Ohio
  • Pennsylvania
  • Texas
  • Asia-Pacific

    Australia
  • China
  • India
  • Indonesia
  • Japan
  • Malaysia
  • Philippines
  • Singapore
  • South Korea
  • Taiwan
  • Thailand
  • Vietnam
  • Europe, Middle East & Africa

    Denmark
  • Egypt
  • Finland
  • France
  • Germany
  • Israel
  • Italy
  • Netherlands
  • Nigeria
  • Norway
  • Poland
  • Qatar
  • Russia
  • Saudi Arabia
  • South Africa
  • Spain
  • Sweden
  • Switzerland
  • Turkey
  • United Arab Emirates
  • United Kingdom
    The report offers valuable insights on the following aspects:

    1. Market Penetration: It presents comprehensive information on the market provided by key players.
    2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
    3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
    4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
    5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.
    The report addresses key questions such as:

    1. What is the market size and forecast of the Algal Pigments Market?
    2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Algal Pigments Market?
    3. What are the technology trends and regulatory frameworks in the Algal Pigments Market?
    4. What is the market share of the leading vendors in the Algal Pigments Market?
    5. Which modes and strategic moves are suitable for entering the Algal Pigments Market?


    Note: PDF & Excel + Online Access - 1 Year

  • 1. Preface
    1.1. Objectives of the Study
    1.2. Market Segmentation & Coverage
    1.3. Years Considered for the Study
    1.4. Currency & Pricing
    1.5. Language
    1.6. Limitations
    1.7. Assumptions
    1.8. Stakeholders
    2. Research Methodology
    2.1. Define: Research Objective
    2.2. Determine: Research Design
    2.3. Prepare: Research Instrument
    2.4. Collect: Data Source
    2.5. Analyze: Data Interpretation
    2.6. Formulate: Data Verification
    2.7. Publish: Research Report
    2.8. Repeat: Report Update
    3. Executive Summary
    4. Market Overview
    4.1. Introduction
    4.2. Algal Pigments Market, by Region
    5. Market Insights
    5.1. Market Dynamics
    5.1.1. Drivers
    5.1.1.1. Rising vegan and vegetarian population across the world
    5.1.1.2. Growing adoption and demand for clean label products
    5.1.1.3. Increase in usage of natural colrants in food sector
    5.1.2. Restraints
    5.1.2.1. Associated production complexity with algae pigments
    5.1.3. Opportunities
    5.1.3.1. Introduction of cost-effective commercial algae pigment production
    5.1.3.2. Emerging novel startups for producing algae pigments
    5.1.4. Challenges
    5.1.4.1. Stringent government redulations for production
    5.2. Market Segmentation Analysis
    5.3. Market Trend Analysis
    5.4. Cumulative Impact of High Inflation
    5.5. Porter’s Five Forces Analysis
    5.5.1. Threat of New Entrants
    5.5.2. Threat of Substitutes
    5.5.3. Bargaining Power of Customers
    5.5.4. Bargaining Power of Suppliers
    5.5.5. Industry Rivalry
    5.6. Value Chain & Critical Path Analysis
    5.7. Regulatory Framework
    6. Algal Pigments Market, by Type
    6.1. Introduction
    6.2. Carotenoids
    6.3.1. Astaxanthin
    6.3.2. Canthaxanthin
    6.3.3. Fucoxanthin
    6.3.4. Lutein
    6.3.5. Zeaxanthin
    6.3.6. β-cryptoxanthin
    6.3. Chlorophylls
    6.4.1. Chlorophyl
    6.4.2. Chlorophyll
    6.4. Phycobilins
    6.5.1. Phycocyanin
    6.5.2. Phycoerythrin
    7. Algal Pigments Market, by Form
    7.1. Introduction
    7.2. Liquid
    7.3. Powder
    8. Algal Pigments Market, by Source
    8.1. Introduction
    8.2. Macroalgae/Seaweed
    8.3.1. Brown Seaweed
    8.3.2. Green Seaweed
    8.3.3. Red Seaweed
    8.3. Microalgae
    8.4.1. Chlorella
    8.4.2. Dunaliella Salina
    8.4.3. Haematococcus Pluvialis
    8.4.4. Spirulina
    9. Algal Pigments Market, by Application
    9.1. Introduction
    9.2. Aquaculture
    9.3. Cosmetics
    9.4. Food & Beverages
    9.5. Nutraceuticals
    9.6. Pharmaceuticals
    10. Americas Algal Pigments Market
    10.1. Introduction
    10.2. Argentina
    10.3. Brazil
    10.4. Canada
    10.5. Mexico
    10.6. United States
    11. Asia-Pacific Algal Pigments Market
    11.1. Introduction
    11.2. Australia
    11.3. China
    11.4. India
    11.5. Indonesia
    11.6. Japan
    11.7. Malaysia
    11.8. Philippines
    11.9. Singapore
    11.10. South Korea
    11.11. Taiwan
    11.12. Thailand
    11.13. Vietnam
    12. Europe, Middle East & Africa Algal Pigments Market
    12.1. Introduction
    12.2. Denmark
    12.3. Egypt
    12.4. Finland
    12.5. France
    12.6. Germany
    12.7. Israel
    12.8. Italy
    12.9. Netherlands
    12.10. Nigeria
    12.11. Norway
    12.12. Poland
    12.13. Qatar
    12.14. Russia
    12.15. Saudi Arabia
    12.16. South Africa
    12.17. Spain
    12.18. Sweden
    12.19. Switzerland
    12.20. Turkey
    12.21. United Arab Emirates
    12.22. United Kingdom
    13. Competitive Landscape
    13.1. FPNV Positioning Matrix
    13.2. Market Share Analysis, By Key Player
    13.3. Competitive Scenario Analysis, By Key Player
    14. Competitive Portfolio
    14.1. Key Company Profiles
    14.1.1. Algae Health Sciences - A BGG company
    14.1.2. Algatechnologies Ltd.
    14.1.3. AstaReal Co., Ltd.
    14.1.4. BASF SE
    14.1.5. Bluetec Naturals Co., Ltd.
    14.1.6. Cardax, Inc.
    14.1.7. Cargill, Incorporated
    14.1.8. Cellana, Inc.
    14.1.9. Chlostanin Nikken Nature Co. Ltd.
    14.1.10. Cyanotech Corporation
    14.1.11. DDW, Inc.
    14.1.12. DIC Group
    14.1.13. Divi's Laboratories Limited
    14.1.14. E.I.D.-Parry (India) Limited
    14.1.15. Earthrise Nutritionals LLC
    14.1.16. Fuji Chemical Industries Co., Ltd.
    14.1.17. Kemin Industries, Inc.
    14.1.18. Mera Pharma GmbH
    14.1.19. Merck KGaA
    14.1.20. Sensient Technologies Corporation
    14.1.21. Shaivaa Algaetech LLP
    14.1.22. Sochim International S.p.A.
    14.1.23. Tianjin Norland Biotech Co. Ltd.
    14.1.24. Valensa International
    14.1.25. Zhejiang Binmei Biotechnology Co., Ltd.
    14.2. Key Product Portfolio
    15. Appendix
    15.1. Discussion Guide
    15.2. License & Pricing
    FIGURE 1. ALGAL PIGMENTS MARKET RESEARCH PROCESS
    FIGURE 2. ALGAL PIGMENTS MARKET SIZE, 2023 VS 2030
    FIGURE 3. ALGAL PIGMENTS MARKET SIZE, 2018-2030 (USD MILLION)
    FIGURE 4. ALGAL PIGMENTS MARKET SIZE, BY REGION, 2023 VS 2030 (%)
    FIGURE 5. ALGAL PIGMENTS MARKET SIZE, BY REGION, 2023 VS 2024 VS 2030 (USD MILLION)
    FIGURE 6. ALGAL PIGMENTS MARKET DYNAMICS
    FIGURE 7. ALGAL PIGMENTS MARKET SIZE, BY TYPE, 2023 VS 2030 (%)
    FIGURE 8. ALGAL PIGMENTS MARKET SIZE, BY TYPE, 2023 VS 2024 VS 2030 (USD MILLION)
    FIGURE 9. ALGAL PIGMENTS MARKET SIZE, BY FORM, 2023 VS 2030 (%)
    FIGURE 10. ALGAL PIGMENTS MARKET SIZE, BY FORM, 2023 VS 2024 VS 2030 (USD MILLION)
    FIGURE 11. ALGAL PIGMENTS MARKET SIZE, BY SOURCE, 2023 VS 2030 (%)
    FIGURE 12. ALGAL PIGMENTS MARKET SIZE, BY SOURCE, 2023 VS 2024 VS 2030 (USD MILLION)
    FIGURE 13. ALGAL PIGMENTS MARKET SIZE, BY APPLICATION, 2023 VS 2030 (%)
    FIGURE 14. ALGAL PIGMENTS MARKET SIZE, BY APPLICATION, 2023 VS 2024 VS 2030 (USD MILLION)
    FIGURE 15. AMERICAS ALGAL PIGMENTS MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
    FIGURE 16. AMERICAS ALGAL PIGMENTS MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
    FIGURE 17. UNITED STATES ALGAL PIGMENTS MARKET SIZE, BY STATE, 2023 VS 2030 (%)
    FIGURE 18. UNITED STATES ALGAL PIGMENTS MARKET SIZE, BY STATE, 2023 VS 2024 VS 2030 (USD MILLION)
    FIGURE 19. ASIA-PACIFIC ALGAL PIGMENTS MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
    FIGURE 20. ASIA-PACIFIC ALGAL PIGMENTS MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
    FIGURE 21. EUROPE, MIDDLE EAST & AFRICA ALGAL PIGMENTS MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
    FIGURE 22. EUROPE, MIDDLE EAST & AFRICA ALGAL PIGMENTS MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
    FIGURE 23. ALGAL PIGMENTS MARKET, FPNV POSITIONING MATRIX, 2023
    FIGURE 24. ALGAL PIGMENTS MARKET SHARE, BY KEY PLAYER, 2023

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