- In November 2023, Enovix Corporation partnered with a leading food manufacturer to supply astaxanthin for functional food applications, expanding its footprint in the rapidly growing functional foods industry
- In September 2023, Algatechnologies secured European Union approval for its new astaxanthin ingredient for use in food supplements, reinforcing its leadership position in the European health ingredients market
- In July 2023, the SUBMARINER Network initiated the AlgaeProBANOS (APB) project to develop high-value algae-based products across industries such as human and animal feed, textiles, and cosmetics, driving innovation in the sustainable algae economy
- In May 2023, Corbion introduced its Algal Omega-3 and Omega-9 products for dietary supplements, launching the AlgaVia product line and entering the human nutrition market, strengthening its presence in the global health supplements sector
