Global Microalgae-based Products Market Growth 2023-2029

Global Microalgae-based Products Market Growth 2023-2029

Micro-algae is a new source of valuable nutrients for human and animal consumption.

LPI (LP Information)' newest research report, the “Microalgae-based Products Industry Forecast” looks at past sales and reviews total world Microalgae-based Products sales in 2022, providing a comprehensive analysis by region and market sector of projected Microalgae-based Products sales for 2023 through 2029. With Microalgae-based Products sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Microalgae-based Products industry.

This Insight Report provides a comprehensive analysis of the global Microalgae-based Products landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Microalgae-based Products portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Microalgae-based Products market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Microalgae-based Products and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Microalgae-based Products.

The global Microalgae-based Products market size is projected to grow from US$ 2068.6 million in 2022 to US$ 3185 million in 2029; it is expected to grow at a CAGR of 3185 from 2023 to 2029.

United States market for Microalgae-based Products is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

China market for Microalgae-based Products is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Europe market for Microalgae-based Products is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Global key Microalgae-based Products players cover Euglena, Cyanotech, AstaReal AB, BlueBioTech, Cargill, Necton, Cellana, Far East Bio-Tec and Algae Health Sciences, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2022.

This report presents a comprehensive overview, market shares, and growth opportunities of Microalgae-based Products market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Spirulina
Chlorella
Others

Segmentation by application
Food & Beverages
Personal Care
Nutraceutical & Dietary Supplements
Pharmaceuticals
Animal Feed
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Euglena
Cyanotech
AstaReal AB
BlueBioTech
Cargill
Necton
Cellana
Far East Bio-Tec
Algae Health Sciences
Algae International Berhad
Nordic Naturals
Guangdong Runke Bioenergering
Source Omega
Wuhan Bioco Sci. & Tech
Huzhou Sifeng Biochem
Xiamen Huison Biotech
Deva Nutrition
InovoBiologic
Roquette Biotech Nutritionals

Key Questions Addressed in this Report

What is the 10-year outlook for the global Microalgae-based Products market?

What factors are driving Microalgae-based Products market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Microalgae-based Products market opportunities vary by end market size?

How does Microalgae-based Products break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.