- In September 2023, Phycom secured a USD 9.39 million investment to expand its microalgae production for sustainable protein sources and nutritious food, marking a significant step toward scaling its operations
- In April 2023, MiAlgae, a biotech company, launched NaturAlgae, an omega-3 product in the form of a dry powder, which can be incorporated into aquafeed and pet food formulations to enhance nutritional value
- In November 2022, GNT Group B.V., a leading provider of Coloring Foods, introduced a new powder made from spirulina and turmeric, extending their Exberry Coloring Foods range, and this product is suitable for bakery mixes and seasonings
- In September 2022, DIC Corporation invested USD 9 million into environmental initiatives at Earthrise and Hainan DIC, aiming to achieve zero water emissions by 2023 while producing Spirulina and LINABLUE, a natural edible blue-green algae
- In March 2022, Corbion partnered with Nestlé SA to advance their plant-based product portfolio, and together, they are working on developing microalgae-based ingredients to enhance sustainability in food production
