According to our (Global Info Research) latest study, the global Algal Pigments market size was valued at US$ 531 million in 2024 and is forecast to a readjusted size of USD 1125 million by 2031 with a CAGR of 12.4% during review period.
In this report, we will assess the current U.S. tariff framework alongside international policy adaptations, analyzing their effects on competitive market structures, regional economic dynamics, and supply chain resilience.
Algal pigments refer to natural pigment molecules that exist in algal cells and participate in photosynthesis, light protection or have other physiological functions. These pigments determine the color of algae and help algae adapt to different light environments.
Driving factors: Consumers prefer natural pigments (such as phycocyanin and astaxanthin) to replace synthetic pigments. Antioxidant and anti-inflammatory effects promote their application in health care products and skin care products. Suitable for plant-based products, replacing animal-derived pigments. Algae cultivation is low-carbon, water-saving and land-saving, and in line with the trend of sustainable development.
Main challenges: Cultivation and extraction technologies are complex, and the price is much higher than that of synthetic pigments. Algae growth is easily polluted, and pigments have poor stability (such as not resistant to high temperature, acid and alkali). The approval standards of various countries are not unified, which affects market promotion. Consumers are not receptive to algae pigments, and market education is needed. Production depends on a stable environment and is easily affected by climate or raw material fluctuations.
This report is a detailed and comprehensive analysis for global Algal Pigments market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Algal Pigments market size and forecasts, in consumption value ($ Million), sales quantity (Kiloton), and average selling prices (US$/kg), 2020-2031
Global Algal Pigments market size and forecasts by region and country, in consumption value ($ Million), sales quantity (Kiloton), and average selling prices (US$/kg), 2020-2031
Global Algal Pigments market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (Kiloton), and average selling prices (US$/kg), 2020-2031
Global Algal Pigments market shares of main players, shipments in revenue ($ Million), sales quantity (Kiloton), and ASP (US$/kg), 2020-2025
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Algal Pigments
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Algal Pigments market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include DIC Corporation, Cyanotech Corporation, Bluetec Naturals Co., Ltd, Japan Algae, Fuqing King Dnarmsa Spirulina, Zhejiang Binmei Biotechnology, Parry Nutraceuticals, Norland Biotech, Wudi Luqi Biological Engineering, Algatechnologies, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Algal Pigments market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
β-carotene
Astaxanthin
Phycobiliprotein
Chlorophyll
Others
Market segment by Application
Food
Medicine
Cosmetics
Others
Major players covered
DIC Corporation
Cyanotech Corporation
Bluetec Naturals Co., Ltd
Japan Algae
Fuqing King Dnarmsa Spirulina
Zhejiang Binmei Biotechnology
Parry Nutraceuticals
Norland Biotech
Wudi Luqi Biological Engineering
Algatechnologies
Chr. Hansen
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Algal Pigments product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Algal Pigments, with price, sales quantity, revenue, and global market share of Algal Pigments from 2020 to 2025.
Chapter 3, the Algal Pigments competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Algal Pigments breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and Algal Pigments market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Algal Pigments.
Chapter 14 and 15, to describe Algal Pigments sales channel, distributors, customers, research findings and conclusion.
Summary:
Get latest Market Research Reports on Algal Pigments. Industry analysis & Market Report on Algal Pigments is a syndicated market report, published as Global Algal Pigments Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031. It is complete Research Study and Industry Analysis of Algal Pigments market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.