TOP 10 COMPANIES IN ALGAL PIGMENTS MARKET | Meticulous Blog

The Algal Pigments Market is expected to grow at a CAGR of 4% 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.
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