Microalgae Industry Research Report 2024

Microalgae Industry Research Report 2024


Microphytes or microalgae are microscopic algae, typically found in freshwater and marine systems living in both the water column and sediment. They are unicellular species which exist individually, or in chains or groups. Depending on the species, their sizes can range from a few micrometers (µm) to a few hundreds of micrometers. Unlike higher plants, microalgae do not have roots, stems, or leaves.

Highlights

The global Microalgae market is projected to reach US$ million by 2030 from an estimated US$ million in 2024, at a CAGR of % during 2025 and 2030.
China is the largest market with about 38% market share. North America is follower, accounting for about 22% market share.
The key players are DIC Corporation, Cyanotech Corporation, Algaetech Group, TAAU Australia, Fuqing King Dnarmsa Spirulina, Shengbada Biology, Green A, Dongtai City Spirulina Bio-engineering, Alltech, Parry Nutraceuticals, BlueBioTech, Roquette Klötze, ALLMA, Cyane, Archimede Ricerche, AlgaEnergy, Phycom, Necton etc. Top 3 companies occupied about 35% market share.

Report Scope

This report aims to provide a comprehensive presentation of the global market for Microalgae, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Microalgae.
The Microalgae market size, estimations, and forecasts are provided in terms of sales volume (MT) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Microalgae market comprehensively. Regional market sizes, concerning products by types, by application, and by players, are also provided. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Microalgae manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, product type, application, and regions.

Key Companies & Market Share Insights

In this section, the readers will gain an understanding of the key players competing. This report has studied the key growth strategies, such as innovative trends and developments, intensification of product portfolio, mergers and acquisitions, collaborations, new product innovation, and geographical expansion, undertaken by these participants to maintain their presence. Apart from business strategies, the study includes current developments and key financials. The readers will also get access to the data related to global revenue, price, and sales by manufacturers for the period 2019-2024. This all-inclusive report will certainly serve the clients to stay updated and make effective decisions in their businesses. Some of the prominent players reviewed in the research report include:

DIC Corporation
Cyanotech Corporation
Algaetech Group
TAAU Australia
Fuqing King Dnarmsa Spirulina
Shengbada Biology
Green A
Dongtai City Spirulina Bio-engineering
Alltech
Parry Nutraceuticals
BlueBioTech
Roquette Klötze
ALLMA
Cyane
Archimede Ricerche
AlgaEnergy
Phycom
Necton
Chenghai Bao ER
Dongying Haifu Biological

Product Type Insights

Global markets are presented by Microalgae type, along with growth forecasts through 2030. Estimates on sales and revenue are based on the price in the supply chain at which the Microalgae are procured by the manufacturers.
This report has studied every segment and provided the market size using historical data. They have also talked about the growth opportunities that the segment may pose in the future. This study bestows sales and revenue data by type, and during the historical period (2019-2024) and forecast period (2025-2030).
Microalgae segment by Type

Spirulina
Chlorella
Dunaliella
Amphora
Others

Application Insights

This report has provided the market size (sales and revenue data) by application, during the historical period (2019-2024) and forecast period (2025-2030).
This report also outlines the market trends of each segment and consumer behaviors impacting the Microalgae market and what implications these may have on the industry's future. This report can help to understand the relevant market and consumer trends that are driving the Microalgae market.
Microalgae segment by Application

Health
Food
Feed
Energy
Others

Regional Outlook

This section of the report provides key insights regarding various regions and the key players operating in each region. Economic, social, environmental, technological, and political factors have been taken into consideration while assessing the growth of the particular region/country. The readers will also get their hands on the revenue and sales data of each region and country for the period 2019-2030.
The market has been segmented into various major geographies, including North America, Europe, Asia-Pacific, South America, Middle East & Africa. Detailed analysis of major countries such as the USA, Germany, the U.K., Italy, France, China, Japan, South Korea, Southeast Asia, and India will be covered within the regional segment. For market estimates, data are going to be provided for 2023 because of the base year, with estimates for 2024 and forecast revenue for 2030.

North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE

Key Drivers & Barriers

High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.

COVID-19 and Russia-Ukraine War Influence Analysis

The readers in the section will understand how the Microalgae market scenario changed across the globe during the pandemic, post-pandemic and Russia-Ukraine War. The study is done keeping in view the changes in aspects such as demand, consumption, transportation, consumer behavior, supply chain management, export and import, and production. The industry experts have also highlighted the key factors that will help create opportunities for players and stabilize the overall industry in the years to come.

Reasons to Buy This Report

This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Microalgae market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
This report will help stakeholders to understand the global industry status and trends of Microalgae and provides them with information on key market drivers, restraints, challenges, and opportunities.
This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
This report stays updated with novel technology integration, features, and the latest developments in the market
This report helps stakeholders to understand the COVID-19 and Russia-Ukraine War Influence on the Microalgae industry.
This report helps stakeholders to gain insights into which regions to target globally
This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Microalgae.
This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.

Core Chapters

Chapter 1: Research objectives, research methods, data sources, data cross-validation;
Chapter 2: Introduces the report scope of the report, executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 3: Detailed analysis of Microalgae manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 5: Production/output, value of Microalgae by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 6: Consumption of Microalgae in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 7: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 8: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 9: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 10: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 11: The main points and conclusions of the report.


1 Preface
1.1 Scope of Report
1.2 Reasons for Doing This Study
1.3 Research Methodology
1.4 Research Process
1.5 Data Source
1.5.1 Secondary Sources
1.5.2 Primary Sources
2 Market Overview
2.1 Product Definition
2.2 Global Market Growth Prospects
2.2.1 Global Microalgae Market Size (2019-2030) & (US$ Million)
2.2.2 Global Microalgae Sales (2019-2030)
2.2.3 Global Microalgae Market Average Price (2019-2030)
2.3 Microalgae by Type
2.3.1 Market Value Comparison by Type (2019 VS 2023 VS 2030) & (US$ Million)
1.2.2 Spirulina
1.2.3 Chlorella
1.2.4 Dunaliella
1.2.5 Amphora
1.2.6 Others
2.4 Microalgae by Application
2.4.1 Market Value Comparison by Application (2019 VS 2023 VS 2030) & (US$ Million)
2.4.2 Health
2.4.3 Food
2.4.4 Feed
2.4.5 Energy
2.4.6 Others
3 Market Competitive Landscape by Manufacturers
3.1 Global Microalgae Market Competitive Situation by Manufacturers (2019 Versus 2023)
3.2 Global Microalgae Sales (MT) of Manufacturers (2019-2024)
3.3 Global Microalgae Revenue of Manufacturers (2019-2024)
3.4 Global Microalgae Average Price by Manufacturers (2019-2024)
3.5 Global Microalgae Industry Ranking, 2022 VS 2023 VS 2024
3.6 Global Manufacturers of Microalgae, Manufacturing Sites & Headquarters
3.7 Global Manufacturers of Microalgae, Product Type & Application
3.8 Global Manufacturers of Microalgae, Date of Enter into This Industry
3.9 Global Microalgae Market CR5 and HHI
3.10 Global Manufacturers Mergers & Acquisition
4 Manufacturers Profiled
4.1 DIC Corporation
4.1.1 DIC Corporation Company Information
4.1.2 DIC Corporation Business Overview
4.1.3 DIC Corporation Microalgae Sales, Revenue and Gross Margin (2019-2024)
4.1.4 DIC Corporation Microalgae Product Portfolio
4.1.5 DIC Corporation Recent Developments
4.2 Cyanotech Corporation
4.2.1 Cyanotech Corporation Company Information
4.2.2 Cyanotech Corporation Business Overview
4.2.3 Cyanotech Corporation Microalgae Sales, Revenue and Gross Margin (2019-2024)
4.2.4 Cyanotech Corporation Microalgae Product Portfolio
4.2.5 Cyanotech Corporation Recent Developments
4.3 Algaetech Group
4.3.1 Algaetech Group Company Information
4.3.2 Algaetech Group Business Overview
4.3.3 Algaetech Group Microalgae Sales, Revenue and Gross Margin (2019-2024)
4.3.4 Algaetech Group Microalgae Product Portfolio
4.3.5 Algaetech Group Recent Developments
4.4 TAAU Australia
4.4.1 TAAU Australia Company Information
4.4.2 TAAU Australia Business Overview
4.4.3 TAAU Australia Microalgae Sales, Revenue and Gross Margin (2019-2024)
4.4.4 TAAU Australia Microalgae Product Portfolio
4.4.5 TAAU Australia Recent Developments
4.5 Fuqing King Dnarmsa Spirulina
4.5.1 Fuqing King Dnarmsa Spirulina Company Information
4.5.2 Fuqing King Dnarmsa Spirulina Business Overview
4.5.3 Fuqing King Dnarmsa Spirulina Microalgae Sales, Revenue and Gross Margin (2019-2024)
4.5.4 Fuqing King Dnarmsa Spirulina Microalgae Product Portfolio
4.5.5 Fuqing King Dnarmsa Spirulina Recent Developments
4.6 Shengbada Biology
4.6.1 Shengbada Biology Company Information
4.6.2 Shengbada Biology Business Overview
4.6.3 Shengbada Biology Microalgae Sales, Revenue and Gross Margin (2019-2024)
4.6.4 Shengbada Biology Microalgae Product Portfolio
4.6.5 Shengbada Biology Recent Developments
4.7 Green A
4.7.1 Green A Company Information
4.7.2 Green A Business Overview
4.7.3 Green A Microalgae Sales, Revenue and Gross Margin (2019-2024)
4.7.4 Green A Microalgae Product Portfolio
4.7.5 Green A Recent Developments
4.8 Dongtai City Spirulina Bio-engineering
4.8.1 Dongtai City Spirulina Bio-engineering Company Information
4.8.2 Dongtai City Spirulina Bio-engineering Business Overview
4.8.3 Dongtai City Spirulina Bio-engineering Microalgae Sales, Revenue and Gross Margin (2019-2024)
4.8.4 Dongtai City Spirulina Bio-engineering Microalgae Product Portfolio
4.8.5 Dongtai City Spirulina Bio-engineering Recent Developments
4.9 Alltech
4.9.1 Alltech Company Information
4.9.2 Alltech Business Overview
4.9.3 Alltech Microalgae Sales, Revenue and Gross Margin (2019-2024)
4.9.4 Alltech Microalgae Product Portfolio
4.9.5 Alltech Recent Developments
4.10 Parry Nutraceuticals
4.10.1 Parry Nutraceuticals Company Information
4.10.2 Parry Nutraceuticals Business Overview
4.10.3 Parry Nutraceuticals Microalgae Sales, Revenue and Gross Margin (2019-2024)
4.10.4 Parry Nutraceuticals Microalgae Product Portfolio
4.10.5 Parry Nutraceuticals Recent Developments
6.11 BlueBioTech
6.11.1 BlueBioTech Company Information
6.11.2 BlueBioTech Microalgae Business Overview
6.11.3 BlueBioTech Microalgae Sales, Revenue and Gross Margin (2019-2024)
6.11.4 BlueBioTech Microalgae Product Portfolio
6.11.5 BlueBioTech Recent Developments
6.12 Roquette Klötze
6.12.1 Roquette Klötze Company Information
6.12.2 Roquette Klötze Microalgae Business Overview
6.12.3 Roquette Klötze Microalgae Sales, Revenue and Gross Margin (2019-2024)
6.12.4 Roquette Klötze Microalgae Product Portfolio
6.12.5 Roquette Klötze Recent Developments
6.13 ALLMA
6.13.1 ALLMA Company Information
6.13.2 ALLMA Microalgae Business Overview
6.13.3 ALLMA Microalgae Sales, Revenue and Gross Margin (2019-2024)
6.13.4 ALLMA Microalgae Product Portfolio
6.13.5 ALLMA Recent Developments
6.14 Cyane
6.14.1 Cyane Company Information
6.14.2 Cyane Microalgae Business Overview
6.14.3 Cyane Microalgae Sales, Revenue and Gross Margin (2019-2024)
6.14.4 Cyane Microalgae Product Portfolio
6.14.5 Cyane Recent Developments
6.15 Archimede Ricerche
6.15.1 Archimede Ricerche Company Information
6.15.2 Archimede Ricerche Microalgae Business Overview
6.15.3 Archimede Ricerche Microalgae Sales, Revenue and Gross Margin (2019-2024)
6.15.4 Archimede Ricerche Microalgae Product Portfolio
6.15.5 Archimede Ricerche Recent Developments
6.16 AlgaEnergy
6.16.1 AlgaEnergy Company Information
6.16.2 AlgaEnergy Microalgae Business Overview
6.16.3 AlgaEnergy Microalgae Sales, Revenue and Gross Margin (2019-2024)
6.16.4 AlgaEnergy Microalgae Product Portfolio
6.16.5 AlgaEnergy Recent Developments
6.17 Phycom
6.17.1 Phycom Company Information
6.17.2 Phycom Microalgae Business Overview
6.17.3 Phycom Microalgae Sales, Revenue and Gross Margin (2019-2024)
6.17.4 Phycom Microalgae Product Portfolio
6.17.5 Phycom Recent Developments
6.18 Necton
6.18.1 Necton Company Information
6.18.2 Necton Microalgae Business Overview
6.18.3 Necton Microalgae Sales, Revenue and Gross Margin (2019-2024)
6.18.4 Necton Microalgae Product Portfolio
6.18.5 Necton Recent Developments
6.19 Chenghai Bao ER
6.19.1 Chenghai Bao ER Company Information
6.19.2 Chenghai Bao ER Microalgae Business Overview
6.19.3 Chenghai Bao ER Microalgae Sales, Revenue and Gross Margin (2019-2024)
6.19.4 Chenghai Bao ER Microalgae Product Portfolio
6.19.5 Chenghai Bao ER Recent Developments
6.20 Dongying Haifu Biological
6.20.1 Dongying Haifu Biological Company Information
6.20.2 Dongying Haifu Biological Microalgae Business Overview
6.20.3 Dongying Haifu Biological Microalgae Sales, Revenue and Gross Margin (2019-2024)
6.20.4 Dongying Haifu Biological Microalgae Product Portfolio
6.20.5 Dongying Haifu Biological Recent Developments
5 Global Microalgae Market Scenario by Region
5.1 Global Microalgae Market Size by Region: 2019 VS 2023 VS 2030
5.2 Global Microalgae Sales by Region: 2019-2030
5.2.1 Global Microalgae Sales by Region: 2019-2024
5.2.2 Global Microalgae Sales by Region: 2025-2030
5.3 Global Microalgae Revenue by Region: 2019-2030
5.3.1 Global Microalgae Revenue by Region: 2019-2024
5.3.2 Global Microalgae Revenue by Region: 2025-2030
5.4 North America Microalgae Market Facts & Figures by Country
5.4.1 North America Microalgae Market Size by Country: 2019 VS 2023 VS 2030
5.4.2 North America Microalgae Sales by Country (2019-2030)
5.4.3 North America Microalgae Revenue by Country (2019-2030)
5.4.4 U.S.
5.4.5 Canada
5.5 Europe Microalgae Market Facts & Figures by Country
5.5.1 Europe Microalgae Market Size by Country: 2019 VS 2023 VS 2030
5.5.2 Europe Microalgae Sales by Country (2019-2030)
5.5.3 Europe Microalgae Revenue by Country (2019-2030)
5.5.4 Germany
5.5.5 France
5.5.6 U.K.
5.5.7 Italy
5.5.8 Russia
5.6 Asia Pacific Microalgae Market Facts & Figures by Country
5.6.1 Asia Pacific Microalgae Market Size by Country: 2019 VS 2023 VS 2030
5.6.2 Asia Pacific Microalgae Sales by Country (2019-2030)
5.6.3 Asia Pacific Microalgae Revenue by Country (2019-2030)
5.6.4 China
5.6.5 Japan
5.6.6 South Korea
5.6.7 India
5.6.8 Australia
5.6.9 China Taiwan
5.6.10 Indonesia
5.6.11 Thailand
5.6.12 Malaysia
5.7 Latin America Microalgae Market Facts & Figures by Country
5.7.1 Latin America Microalgae Market Size by Country: 2019 VS 2023 VS 2030
5.7.2 Latin America Microalgae Sales by Country (2019-2030)
5.7.3 Latin America Microalgae Revenue by Country (2019-2030)
5.7.4 Mexico
5.7.5 Brazil
5.7.6 Argentina
5.8 Middle East and Africa Microalgae Market Facts & Figures by Country
5.8.1 Middle East and Africa Microalgae Market Size by Country: 2019 VS 2023 VS 2030
5.8.2 Middle East and Africa Microalgae Sales by Country (2019-2030)
5.8.3 Middle East and Africa Microalgae Revenue by Country (2019-2030)
5.8.4 Turkey
5.8.5 Saudi Arabia
5.8.6 UAE
6 Segment by Type
6.1 Global Microalgae Sales by Type (2019-2030)
6.1.1 Global Microalgae Sales by Type (2019-2030) & (MT)
6.1.2 Global Microalgae Sales Market Share by Type (2019-2030)
6.2 Global Microalgae Revenue by Type (2019-2030)
6.2.1 Global Microalgae Sales by Type (2019-2030) & (US$ Million)
6.2.2 Global Microalgae Revenue Market Share by Type (2019-2030)
6.3 Global Microalgae Price by Type (2019-2030)
7 Segment by Application
7.1 Global Microalgae Sales by Application (2019-2030)
7.1.1 Global Microalgae Sales by Application (2019-2030) & (MT)
7.1.2 Global Microalgae Sales Market Share by Application (2019-2030)
7.2 Global Microalgae Revenue by Application (2019-2030)
6.2.1 Global Microalgae Sales by Application (2019-2030) & (US$ Million)
6.2.2 Global Microalgae Revenue Market Share by Application (2019-2030)
7.3 Global Microalgae Price by Application (2019-2030)
8 Value Chain and Sales Channels Analysis of the Market
8.1 Microalgae Value Chain Analysis
8.1.1 Microalgae Key Raw Materials
8.1.2 Raw Materials Key Suppliers
8.1.3 Microalgae Production Mode & Process
8.2 Microalgae Sales Channels Analysis
8.2.1 Direct Comparison with Distribution Share
8.2.2 Microalgae Distributors
8.2.3 Microalgae Customers
9 Global Microalgae Analyzing Market Dynamics
9.1 Microalgae Industry Trends
9.2 Microalgae Industry Drivers
9.3 Microalgae Industry Opportunities and Challenges
9.4 Microalgae Industry Restraints
10 Report Conclusion
11 Disclaimer

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