Tag: phycocyanin

EID Parry and Synthite announce JV for phycocyanin

Parry Nutraceuticals (a division of EID Parry and part of the Murugappa Group), located in Chennai, Tamil Nadu, South India, has announced a Joint Venture with Synthite Industries Ltd., of Cochin, on the southwest coast of India, to create a value-added algae company. The 50-50 JV…

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Parry Nutraceuticals and Synthite partner for phycocyanin

Parry Nutraceuticals, a division of EID Parry and part of the Murugappa Group in India, has forged a partnership with India’s Synthite Industries, to apply proprietary patented technologies for extraction of phycocyanin, a natural blue pigment found in spirulina. “With this partnership we are…

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AlgoSource adds new production unit for phycocyanin

Saint-Nazaire, France-based AlgoSource has announced the recent launch of their new production unit that will allow the company to quadruple their spirulina extract production in 2017 to an annual capacity of 100,000 liters. The expansion, according to the company, will ensure the sales development in new segments…

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Spirulina growing natural food colors market

The global natural food colors market was valued at US$1.2 Billion in 2015, and is expected to grow by 6.8% to reach US$1.3 Billion in 2016. North America and Western Europe are the two largest markets for natural food coloring according to a new market study, collectively accounting…

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