Global Microalgae Market - Industry Trends and Forecast to 2030
Global microalgae market is projected to register a substantial CAGR of 6.4% in the forecast period of 2023 to 2030. The new market report contains data for the historic year 2021, the base year of calculation is 2022, and the forecast period is 2023 to 2030.
Market Segmentation
Global Microalgae Market, By Product Type (Chlamydomonas, Reinhardtii, Dunaliella Salina, Haematococcus Pluvialis, Isochrysis, Nannochloropsis, Phaeodactylum Tricornutum, Porphyridium Cruentum, Chlorella, Spirulina, and Others), Category (Organic and Inorganic), Form (Powder/Dry and Liquid), Grade (Food Grade, Feed Grade, Fuel Grade, Cosmetic Grade, and Others), Application (Food & Beverage, Dietary Supplements, Pharmaceuticals, Cosmetics & Personal Care, Bio-fuel, Inks, Animal Feed, and Others), Distribution Channel (Indirect and Direct), Country (U.S., Canada, Mexico, Germany, U.K., France, Italy, Spain, Netherlands, Russia, Switzerland, Turkey, Belgium, Rest of Europe, Japan, China, Australia, India, South Korea, Singapore, Indonesia, Thailand, Malaysia, Philippines, Rest of Asia-Pacific, Brazil Argentina, Rest of South America, Saudi Arabia, South Africa, UAE, Kuwait, and Rest of Middle East and Africa) Industry Trends and Forecast to 2030
The major contributing factor to global microalgae market is:
• Rising vegan population and increasing demand for meat-alternatives
Market Players
The key market players in global microalgae market are listed below:
• EUGLENA CO., LTD
• DIC CORPORATION
• DSM
• Cyanotech Corporation
• Corbion
• Far East Bio-Tec Co., Ltd.
• Earthrise Nutritionals, LLC
• AstaReal Co., Ltd.
• Buggypower
• Inner Mongolia Rejuve Biotech Co.,Ltd.
• ALGATECH LTD
• AlgaEnergy S.A.
• Parry Nutraceuticals
• Heliae Development, LLC
• BLUETEC NATURALS CO.,LTD
• Microphyt
• Inalve
• Cellana Inc.
• A4F Algae for future
• AlgaHealth
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