Sustainable ingredients drive global microalgae-based products market expansion to 2030

Written by falgunimmr  »  Updated on: January 24th, 2025

Learn about the Microalgae Based Products Market growth and developments.

Maximize Market Research is a Business Consultancy Firm that has published a detailed analysis of the Microalgae Based Products Market. The report includes key business insights, demand analysis, pricing analysis, and competitive landscape. The analysis in the report provides an in-depth aspect at the current status of the Microalgae Based Products market, with forecasts outspreading to the year 2030.

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Discover how we define the Microalgae Based Products Market scope and research approach.

The Microalgae Based Products market research provides comprehensive information on significant aspects, including those that are expected to drive the industry’s growth and upcoming challenges. The competitive environment of the industry, the products marketed by well-known companies, and the investment potential in the Microalgae Based Products market will all be thoroughly understood by stakeholders. The study covers both the qualitative and quantitative components of the sector. A comprehensive examination of the competition for the Microalgae Based Products Market is included in the scope of the MMR report.

The report offers a number of new requirements, each with a thorough justification. The Microalgae Based Products Market was created by consulting both primary and secondary sources of information, including government documents, websites, annual reports, and the opinions of other professionals and academics.

Uncover the regional opportunities and challenges in the Microalgae Based Products Market.

This study includes a comprehensive analysis of all pertinent data, including market size, growth rate, and import and export by region. The research’s geographic analysis makes it possible to comprehend the Microalgae Based Products market situations in various nations. The Microalgae Based Products market is made up of the markets in North America, Europe, Asia Pacific, Latin America, Africa, and the Middle East.

Discover key segments driving the growth of the Microalgae Based Products Market :

The Global Microalgae based Products Market size was valued at USD 13.25 Billion in 2023 and the total Microalgae based Products revenue is expected to grow at a CAGR of 8.2% from 2024 to 2030, reaching nearly USD 23.01 Billion by 2030.

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Microalgae Based Products Market segmentation :

by Species Type

Spirulina

Chlorella

Dunaliella Salina

Others

With the largest market share of 38% in 2023, the Spirulina segment led the global Microalgae-based Products market by Species Type. Over the course of the forecast period, the category is anticipated to continue to dominate the market and develop at a CAGR of 8.5%. Spirulina's special qualities—such as being a high source of protein, vitamins, minerals, and antioxidants—have led to its widespread use in natural and organic food products, including anti-inflammatory, sports nutrition, animal feed, and dietary supplements. This has significantly increased demand for spirulina, which in turn has fueled the growth of the market. The expansion of the segment is driven by their capacity to supply critical amino acids, copper, protein, carotenoids, iron, and vitamins.

by Category

Inorganic

Organi

by Application

Food and Beverages

Animal feed

Cosmetics

Others

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Learn about the top players driving innovation in the Microalgae Based Products Market :

1. Fuqing King Dnarmsa Spirulina Co., Ltd. (China)

2. Earthrise Nutritionals, LLC, (U.S.)

3. E.I.D. - PARRY LIMITED (INDIA)

4. Cyanotech Corporation (U.S.)

5. C.B.N. Bio-engineering Co.Ltd (China)

6. YUNNAN GREEN A BIOLOGICAL PROJECT CO., LTD. (Yunnan Spirin

7. Biotechnology Co. Ltd (China)

8. Jiangshan COMP SPIRULINA CO., LTD. (China)

9. Inner Mongolia Rejuve Biotech Co., Ltd. (China)

10. Zhejiang Binmei BiotechnologyCo., Ltd. (China)

11. Bluetec Naturals CO., LTD. (China)

12. Taiwan Chlorella Manufacturing Company(TCMC) (Taiwan)

13. Sun Chlorella Corporation (Japan)

14. Roquette Klötze GmbH & Co. KG (Germany)

15. Gong Bih Enterprise Co., Ltd.(Taiwan)

16. Yaeyama Shokusan Co., Ltd. (Euglena Co Ltd) (Japan)

17. VedanBiotechnology Corporation (Taiwan)

18. AlgoSource (France)

19. Tianjin Norland Biotech CO., LTD (China)

20. Phycom BV (Netherlands)

21. AllMicroalgae based Products Natural Products S.A. (Portugal)

22. Aliga Microalgae based Products (Denmark)

23. Taiwan Wilson Enterprise Inc. (Taiwan)

24. Daesang Corporation (Korea)

25. Algalimento SL (Spain)

26. Seagrass Tech Private Limited (India)

27. Plankton Australia Pty Limited (Australia)

28. Hangzhou Ouqi Food Co., Ltd. (China)

29. Shaanxi Rebecca Bio-Tech Co., Ltd (China)

Get answers to critical questions shaping the Microalgae Based Products Market

What is Microalgae Based Products ?

What is the growth rate of the Microalgae Based Products Market?

Which are the factors expected to drive the Microalgae Based Products market growth?

What is the CAGR at which the Microalgae Based Products market will grow during the forecast period?

What are the different segments of the Microalgae Based Products Market?

Which is the fastest growing region in the Microalgae Based Products market?

What growth strategies are the players considering to increase their presence in Microalgae Based Products ?

What are the upcoming opportunities and trends for the Microalgae Based Products Market?

What are the recent industry trends that can be implemented to generate additional revenue streams for the Microalgae Based Products Market?

Who are the leading companies and what are their portfolios in Microalgae Based Products Market?

What segments are covered in the Microalgae Based Products Market?

Who are the key players in the Microalgae Based Products market?

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Get a closer look at the game-changing products driving success :

Past Size and Competitive Landscape

                       • Past Pricing and price curve by region

                       • Size, Share, Size Forecast by different segment

                       • Dynamics Growth Drivers, Restraints, Opportunities, and Key Trends by Region

                       • Segmentation A detailed analysis by segment with their sub-segments and Region

                       • Competitive Landscape Profiles of selected key players by region from a strategic perspective

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