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Home Explore What Are the Emerging Trends in the Algal Pigments Market to Reach $718.0 Million by 2031?
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With a market value of $412.7 million in 2023, the Algal Pigments market is projected to grow at a steady CAGR of 7.2% over the forecast period from 2024 to 2031. By 2024, it is expected to reach $442.1 million and continue its upward trajectory, achieving $718 million by 2031, thanks to the rising demand for natural colorants in various industries.

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Published by Sneha G, 2024-09-27 06:36:18

What Are the Emerging Trends in the Algal Pigments Market to Reach $718.0 Million by 2031?

With a market value of $412.7 million in 2023, the Algal Pigments market is projected to grow at a steady CAGR of 7.2% over the forecast period from 2024 to 2031. By 2024, it is expected to reach $442.1 million and continue its upward trajectory, achieving $718 million by 2031, thanks to the rising demand for natural colorants in various industries.

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