Algal Pigments Market | Expected to Exceed $452M by 2025, Rising at a CAGR of 4% During 2019-2025

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Dublin, Jan. 14, 2020 (GLOBE NEWSWIRE) -- The report has been added to offering.

This research report provides an in-depth analysis of the algal pigments market in five major geographies and emphasizes on the current market drivers, opportunities, trends, market size, market share, and forecast till 2025.

Europe estimated to command the largest share of the overall algal pigments market in 2019, followed by North America and Asia-Pacific. The large share of this region is mainly attributed to factors such as huge food and beverages industry; strict regulations against the use of synthetic colors; growing health and wellness trends; large demand for natural colorants from various end use industries; the presence of number of algal pigment manufacturers; and growing government focus on the algae industry.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) among others.

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Globe Newswire: 14:38 GMT Tuesday 14th January 2020

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