Algae Products Market
Report Code
FB 6208
Published in
Nov, 2025, By MarketsandMarkets™
Algae Products Market by Type (Lipids, Carotenoids, Carrageenan, Alginate, Algal Protein), Source (Microalgae, Macroalgae), Application (Food & Beverages, Dietary Supplements, Animal Feed), Form, Production Process, and Region - Global Forecast to 2030
USD 8.07 BN
MARKET SIZE, 2030
CAGR 6.6%
(2025-2030)
300
REPORT PAGES
250
MARKET TABLES
OVERVIEW
Source: Secondary Research, Interviews with Experts, MarketsandMarkets Analysis
The algae products market is projected to reach USD 8.07 billion by 2030 from USD 5.87 billion in 2025, at a CAGR of 6.6% from 2025 to 2030. The market's growth is driven by the rising demand for sustainable protein products, growing consumer awareness regarding the health benefits of omega-3, and demand from the cosmetics & personal care industry.
KEY TAKEAWAYS
-
BY SOURCEThe source segment includes macroalgae (brown and red) and microalgae (green, blue-green, and other microalgae). The brown algae segment is expected to hold a major market share owing to its established hydrocolloid applications (alginates and fucoidans) in the food, pharmaceutical, and cosmetic industries.
-
BY TYPEKey types include lipids, carotenoids, carrageenan, alginates, algal proteins, and other types. The lipids segment is expected to hold a significant market share owing to the high demand for omega-3 fatty acids and the growing shift toward marine-based omega-3.
-
BY APPLICATIONThe food & beverages segment is expected to lead the market during the forecast period. Algae products are used in the development of functional foods and health-focused products. Algae contain bioactive compounds such as phycocyanins, carotenoids, and polysaccharides that offer potential health benefits.
-
BY FORMThe dry form segment is expected to lead the market during the forecast period, due to its easy handling and storage.
-
BY REGIONThe algae products market covers North America, Europe, Asia Pacific, South America, and the Rest of the World. The Asia Pacific region is projected to exhibit a significant growth rate in this market due to the increasing use of algae products in food & beverages, pharmaceuticals, and animal feed.
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COMPETITIVE LANDSCAPEMajor market players have adopted both organic and inorganic strategies, including deals, product launches, and expansions. For instance, Corbion, CP Kelco U.S., Inc., and others have entered into numerous agreements and partnerships to meet the growing demand for algae products across various innovative applications.
The algae products market is expected to grow at a moderate rate due to the increasing demand for natural ingredients by consumers, diversification into multiple applications, and increasing awareness among consumers regarding the health benefits of algae.
TRENDS & DISRUPTIONS IMPACTING CUSTOMERS' CUSTOMERS
The impact on consumers' business emerges from customer trends or disruptions. Hotbets are new emerging types of algae products, and the target end users are clients of algae product manufacturers. Shifts, which are changing trends or disruptions, will impact the revenues of end users, thus affecting the revenue of hotbets and further the revenues of algae product manufacturers.
Source: Secondary Research, Interviews with Experts, MarketsandMarkets Analysis
MARKET DYNAMICS
Drivers
Impact
Level
Level
-
Growing applications of algae products
-
Growing consumer awareness regarding health benefits of Omega-3
RESTRAINTS
Impact
Level
Level
-
Lack of R&D activities in developing economies
-
Impact of climatic conditions on algae production
OPPORTUNITIES
Impact
Level
Level
-
Growing demand in pharmaceutical industry
-
Rising consumer demand for plant-based products
CHALLENGES
Impact
Level
Level
-
High production costs are restricting entry of smaller players
-
Difficulty in meeting requisite quality standards
Source: Secondary Research, Interviews with Experts, MarketsandMarkets Analysis
Driver: Growing consumer awareness regarding health benefits of Omega-3
Algae are uniquely versatile, and algae-derived products find applications in multiple industries, including food & beverages, feed, nutraceuticals & dietary supplements, personal care, and pharmaceuticals. This is expected to be a major driver for the growth of the algae products market.
Restraint: Lack of R&D activities in developing economies
R&D is vital for innovation and the development of new algae-based products. It involves studying the properties of algae, exploring potential applications, and conducting experiments to improve product quality and efficiency. The absence of R&D activities in underdeveloped countries may result in limited product diversification, fewer value-added offerings, and a slower pace of innovation compared to countries with robust R&D sectors.
Opportunity: Growing demand in pharmaceutical industry
The potential applications of algae include antimicrobials, antivirals, therapeutic proteins, drugs, and antifungals in the pharmaceutical industry. The powerful water-soluble antioxidants found in algae are polyphenols, phycobiliproteins, and vitamins. Antioxidants help inhibit cancer growth by causing regression of premalignant lesions.
Challenge: High production costs restricting entry of smaller players
Establishing and maintaining algae production facilities require significant investments in infrastructure and specialized equipment. Algae cultivation systems, such as photobioreactors or open pond systems, need to be designed, constructed, and operated with careful monitoring and control. These infrastructural requirements involve substantial upfront costs, which can be a barrier for companies with limited financial resources, especially small and medium-sized enterprises (SMEs).
Algae Products Market: COMMERCIAL USE CASES ACROSS INDUSTRIES
| COMPANY | USE CASE DESCRIPTION | BENEFITS |
|---|---|---|
 |
Utilizing its innovative biotechnology platform, in April 2023, MiAlgae successfully launched NaturAlgae, a dry powder with a high concentration of DHA and other oils. This product can be seamlessly integrated into aquafeeds and pet food recipes, providing the well-known health benefits of omega-3. | Following the recent expansion of its commercial production site north of Glasgow, MiAlgae is poised for significant growth in the aquaculture and pet food sectors. |
 |
In August 2025, Corbion partnered with the US-based biotech firm Kuehnle AgroSystems (KAS) to develop and commercialize high-quality, natural astaxanthin derived from non-GMO, heterotrophic microalgae (Haematococcus). | Through this collaboration, Corbion leverages KAS’s advanced heterotrophic fermentation platform and proprietary algae strains alongside its own large-scale industrial production, regulatory expertise, and established global distribution network. The partnership focuses on producing an esterified form of astaxanthin that is rich in the most bioavailable isomer, offering improved antioxidant capacity, stability, and fat solubility compared to conventional sources. |
 |
Aker BioMarine leveraged Vitafoods Europe 2024 as a platform to showcase its dual expertise in marine (krill oil) and plant-based (algae oil) omega-3 solutions. By introducing FloraMarine, an algae-based DHA product, the company demonstrates its ability to meet growing B2B demand for sustainable, plant-based alternatives while maintaining its leadership in marine-derived nutrition. | Aker BioMarine gains stronger market positioning by expanding into the fast-growing plant-based omega-3 space while reinforcing its leadership in sustainable nutrition. The launch at Vitafoods drives brand visibility, customer engagement, and new B2B growth opportunities. |
Logos and trademarks shown above are the property of their respective owners. Their use here is for informational and illustrative purposes only.
MARKET ECOSYSTEM
The algae products ecosystem is categorized into manufacturers, regulatory bodies, and end-use companies. The algae products market is a dynamic and rapidly expanding ecosystem characterized by diverse stakeholders and innovative products. Established companies and agile startups are central to this market, developing algae-based products.
Logos and trademarks shown above are the property of their respective owners. Their use here is for informational and illustrative purposes only.
MARKET SEGMENTS
Source: Secondary Research, Interviews with Experts, MarketsandMarkets Analysis
Algae Products Market, By Source
The increasing use of brown algae in bioplastics manufacturing is expected to drive market growth. However, due to the high protein content and favorable essential amino acid composition, blue-green algae products are the most widely used for industrial applications.
Algae Products Market, By Type
The lipids segment dominates the algae products market, mainly due to the health benefits of nutritional lipids, such as omega-3 and omega- 6. The growing burden of obesity and cardiac diseases has also increased the demand for natural and low-calorie food products. Owing to this, food manufacturers are increasingly focusing on different applications of omega-3 polyunsaturated fatty acid (PUFA) products. These factors are expected to drive the market for lipids.
Algae Products Market, By Application
The growing use of algae ingredients in food, personal care, and nutraceutical products can be attributed to the nutritional benefits they offer. As demand for healthy and nutritious food increases, various food & beverage manufacturers, such as Terravia (US) and Earthrise (Japan), are now incorporating algae ingredients into their products, as they contain fewer calories, lower fat, and lower cholesterol levels. The growing preference for plant-derived food & beverages is another key factor driving the demand for algae products.
REGION
Asia Pacific to be fastest-growing region in global algae products market during forecast period
The Asia Pacific algae products market is expected to register the highest CAGR during the forecast period, driven by the increasing demand for algae-based omega-3 in dietary supplements, functional food & beverages, and infant formula applications, which have created lucrative growth opportunities for manufacturers.
Algae Products Market: COMPANY EVALUATION MATRIX
In the algae products market matrix, dsm-firmenich and BASF (Star) lead with strong market shares and extensive product footprints for various application segments, driven by their strong geographical presence, significant formulation and distribution capabilities, and strong ties with end-use application industries. Algarithm (Emerging Leader) is gaining traction with its product innovations in the algae products market.
Source: Secondary Research, Interviews with Experts, MarketsandMarkets Analysis
KEY MARKET PLAYERS
MARKET SCOPE
| REPORT METRIC | DETAILS |
|---|---|
| Market Size in 2024 (Value) | USD 5.53 Billion |
| Market Forecast in 2030 (Value) | USD 8.07 Billion |
| Growth Rate | CAGR of 6.6% from 2025 to 2030 |
| Years Considered | 2021–2030 |
| Base Year | 2024 |
| Forecast Period | 2025–2030 |
| Units Considered | Value (USD Million), Volume (Kilotons) |
| Report Coverage | Revenue Forecast, Company Ranking, Competitive Landscape, Growth Factors, and Trends |
| Segments Covered |
|
| Regions Covered | North America, Europe, Asia Pacific, South America, and Rest of the World |
| Leading Segments | Dry segment is expected to register a higher CAGR of 6.2%. |
| Leading Region | The Asia Pacific region accounted for a x.xx% share in 2025. |
| Driver | Growing consumer awareness regarding health benefits of Omega-3 |
| Constraints | Lack of R&D activities in developing economies |
WHAT IS IN IT FOR YOU: Algae Products Market REPORT CONTENT GUIDE
DELIVERED CUSTOMIZATIONS
We have successfully delivered the following deep-dive customizations:
| CLIENT REQUEST | CUSTOMIZATION DELIVERED | VALUE ADDS |
|---|---|---|
| Asia Pacific-based Algae Products Manufacturers |
|
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| Food & Beverages Segment Assessment |
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RECENT DEVELOPMENTS
- July 2025 : Corbion received regulatory approval in China for its algae-based omega-3 solutions, marking a significant milestone in its global expansion strategy. These omega-3 ingredients, derived from microalgae, are designed for use in nutritional supplements, functional foods, and beverages, offering a sustainable and plant-based alternative to traditional fish oil. The approval enables Corbion to enter one of the world’s largest and fastest-growing markets for health and wellness products, reinforcing its commitment to innovation and environmental responsibility in the nutraceutical sector.
- May 2023 : Cyanotech Corporation, a producer of high-value natural products derived from microalgae, and Symbrosia, a pioneer in developing natural solutions to enhance planetary health, announced their partnership to grow Symbrosia's strain of seaweed at Cyanotech's facilities in Hawai`i to produce Symbrosia’s product, SeaGraze (trademarked).
- September 2023 : Corbion launches AlgaPrime DHA P3, addressing the demand for sustainable active nutrition in the pet food industry.
Table of Contents
Exclusive indicates content/data unique to MarketsandMarkets and not available with any competitors.
TITLE
PAGE NO
1
INTRODUCTION
27
2
EXECUTIVE SUMMARY
33
3
PREMIUM INSIGHTS
40
4
MARKET OVERVIEW
Algae market poised for growth with health-driven demand and sustainable, innovative solutions.
45
4.1
INTRODUCTION
4.2
MARKET DYNAMICS
4.2.1
DRIVERS
4.2.1.1
GROWING CONSUMER AWARENESS REGARDING HEALTH BENEFITS OF OMEGA-3
4.2.1.2
GROWING APPLICATIONS OF ALGAE PRODUCTS
4.2.1.3
STRONG DEMAND FOR SUSTAINABLE, PLANT-BASED PROTEINS AND ALTERNATIVE NUTRITION (SPIRULINA, CHLORELLA) - RISING CONSUMER HEALTH & CLEAN-LABEL TRENDS
4.2.1.4
POLICY & CORPORATE SUSTAINABILITY PUSH SUPPORTING ALGAE AS LOW-CARBON, LOW-LAND-USE BIOMASS SOURCE
4.2.2
RESTRAINTS
4.2.2.1
HIGH PRODUCTION AND DOWNSTREAM PROCESSING COSTS (PHOTOBIOREACTORS, HARVESTING, DRYING) MAKE UNIT ECONOMICS UNFAVORABLE COMPARED TO MANY PLANT AND FERMENTATION ROUTES
4.2.2.2
MARKET FRAGMENTATION AND INCONSISTENT QUALITY/STANDARDIZATION ACROSS PRODUCERS — BUYERS CAUTIOUS ON SCALE PURCHASES FOR FOOD/PHARMA USES
4.2.3
OPPORTUNITIES
4.2.3.1
GROWING DEMAND IN PHARMACEUTICAL INDUSTRY
4.2.3.2
GOVERNMENT AND PRIVATE INITIATIVES SUPPORTING RESEARCH & DEVELOPMENT IN ALGACULTURE
4.2.3.3
GROWTH IN DEMAND FOR NATURAL INGREDIENTS BY CONSUMERS
4.2.3.4
FOOD & BEVERAGE APPLICATIONS — CLEAN-LABEL, E.G., NATURAL COLORANTS, PROTEIN FORTIFICATION, FUNCTIONAL INGREDIENTS — STRONG CONSUMER PULL
4.2.3.5
TECHNOLOGY STACK PLAYS — INNOVATIONS IN PHOTOBIOREACTOR DESIGN, AUTOMATION, GENETIC/STRAIN IMPROVEMENT, AND LOW-ENERGY HARVESTING DELIVER STEP-CHANGES IN COST
4.2.3.6
CIRCULAR INTEGRATIONS — USING WASTEWATER, CO2 STREAMS & FOOD-WASTE NUTRIENTS
4.2.4
CHALLENGES
4.2.4.1
HIGH PRODUCTION COSTS RESTRICTING ENTRY OF SMALLER PLAYERS
4.2.4.2
DIFFICULTIES IN MEETING REQUISITE QUALITY STANDARDS
4.3
UNMET NEEDS AND WHITE SPACES
4.3.1
UNMET NEEDS IN ALGAE PRODUCTS MARKET
4.3.2
WHITE SPACE OPPORTUNITIES
4.4
INTERCONNECTED MARKETS AND CROSS-SECTOR OPPORTUNITIES
4.4.1
INTERCONNECTED MARKETS
4.4.2
CROSS-SECTOR OPPORTUNITIES
4.5
STRATEGIC MOVES BY TIER-1/2/3 PLAYERS
4.5.1
KEY MOVES AND STRATEGIC FOCUS
5
INDUSTRY TRENDS
Navigate competitive pressures and leverage innovative algae technologies amidst evolving global supply chain dynamics.
62
5.1
PORTER’S FIVE FORCES ANALYSIS
5.1.1
DEGREE OF COMPETITION
5.1.2
BARGAINING POWER OF SUPPLIERS
5.1.3
BARGAINING POWER OF BUYERS
5.1.4
THREAT OF SUBSTITUTES
5.1.5
THREAT OF NEW ENTRANTS
5.2
MACROECONOMICS OUTLOOK
5.2.1
INCREASING GLOBAL POPULATION
5.2.2
INNOVATIVE TECHNOLOGIES FOR EXTRACTION OF ALGAE
5.2.3
SUPPLY CHAIN DISRUPTIONS & LOGISTICS COSTS
5.3
SUPPLY CHAIN ANALYSIS
5.3.1
INPUT & STRAIN DEVELOPMENT
5.3.2
CULTIVATION (MICROALGAE & SEAWEED FARMING)
5.3.3
HARVESTING & BIOMASS COLLECTION
5.3.4
PROCESSING, EXTRACTION & REFINING
5.3.5
QUALITY TESTING, CERTIFICATION & COMPLIANCE
5.3.6
PACKAGING & LABELING
5.3.7
WAREHOUSING & DISTRIBUTION
5.3.8
RETAIL & END-MARKET DELIVERY
5.4
VALUE CHAIN ANALYSIS
5.4.1
RESEARCH & PRODUCT DEVELOPMENT AND REGISTRATION
5.4.2
PROCESSING
5.4.3
PACKAGING
5.4.4
DISTRIBUTION AND MARKETING & SALES
5.5
ECOSYSTEM ANALYSIS
5.6
PRICING ANALYSIS
5.6.1
AVERAGE SELLING PRICE OF KEY PLAYERS, BY TYPE
5.6.2
AVERAGE SELLING PRICE TREND, BY REGION
5.7
TRADE ANALYSIS
5.7.1
IMPORT SCENARIO (HS CODE 121220)
5.7.2
EXPORT SCENARIO (HS CODE 121220)
5.8
KEY CONFERENCES AND EVENTS, 2025–2026
5.9
TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS
5.10
INVESTMENT AND FUNDING SCENARIO
5.11
CASE STUDY ANALYSIS
5.11.1
MIALGAE: DEVELOPMENT OF NOVEL ALGAE PRODUCTION SYSTEM
5.11.2
ALGAECYTES: ADOPTION OF PROPRIETARY ALGAE STRAINS FOR OMEGA-3 EXTRACTION
5.12
IMPACT OF 2025 US TARIFF – ALGAE PRODUCTS MARKET
5.12.1
INTRODUCTION
5.12.2
KEY TARIFF RATES
5.12.3
PRICE IMPACT ANALYSIS
5.12.4
IMPACT ON COUNTRIES/REGIONS
5.12.4.1
US
5.12.4.2
EUROPE
5.12.4.3
ASIA PACIFIC
5.12.5
IMPACT ON END-USE INDUSTRIES
6
TECHNOLOGY ADVANCEMENTS, AI-DRIVEN IMPACT, PATENTS, INNOVATIONS, AND FUTURE APPLICATIONS
AI-driven algae innovations redefine sustainability with carbon-negative systems and cutting-edge biotech applications.
81
6.1
KEY TECHNOLOGIES
6.1.1
PHOTOBIOREACTORS (PBRS)
6.1.2
OPEN RACEWAY PONDS/LONGLINE SEAWEED FARMS
6.1.3
STRAIN DEVELOPMENT & SELECTION (BREEDING/SCREENING)
6.2
COMPLEMENTARY TECHNOLOGIES
6.2.1
CO2 CAPTURE & FLUE-GAS INTEGRATION
6.2.2
RENEWABLE ENERGY INTEGRATION (SOLAR, WIND, WASTE HEAT)
6.2.3
ADVANCED LED LIGHTING & SPECTRAL TUNING
6.3
ADJACENT TECHNOLOGIES
6.3.1
CARBON ACCOUNTING & MRV (MEASUREMENT, REPORTING, VERIFICATION)
6.3.2
AI/ADVANCED ANALYTICS FOR YIELD OPTIMIZATION
6.3.3
VERTICAL FARMING & HYBRID LAND-BASED SYSTEMS
6.3.4
3D PRINTING & BIOMATERIALS
6.4
PATENT ANALYSIS
6.4.1
INTRODUCTION
6.4.2
LIST OF MAJOR PATENTS (JANUARY 2015-NOVEMBER 2025)
6.5
FUTURE APPLICATIONS
6.5.1
PRECISION ALGAE-BASED NUTRACEUTICALS
6.5.2
ALGAE-DERIVED BIOPLASTICS & SUSTAINABLE PACKAGING
6.5.3
CARBON-NEGATIVE ALGAE CULTIVATION SYSTEMS
6.5.4
ALGAE-POWERED BIO-ACTIVE COSMETIC INGREDIENTS
6.5.5
ALGAE IN ALTERNATIVE PROTEINS & FUTURE FOODS
6.6
IMPACT OF AI/GEN AI ON ALGAE PRODUCTS INDUSTRY
6.6.1
TOP USE CASES AND MARKET POTENTIAL
6.6.2
BEST PRACTICES IN BIOTECHNOLOGY PROCESSING AND CULTIVATION
6.6.3
CASE STUDIES OF AI IMPLEMENTATION IN ALGAE PRODUCTS MARKET
6.6.4
INTERCONNECTED ADJACENT ECOSYSTEM AND IMPACT ON MARKET PLAYERS
6.6.5
READINESS TO ADOPT GENERATIVE AI IN ALGAE PRODUCTS MARKET
6.7
SUCCESS STORIES AND REAL-WORLD APPLICATIONS
6.7.1
CELLANA – SCALING MICROALGAE-DERIVED OMEGA-3 OILS FOR GLOBAL NUTRITION
6.7.2
CORBION – COMMERCIAL ALGAE OIL FOR AQUAFEED & HUMAN NUTRITION
6.7.3
ACADIAN SEAPLANTS – SEAWEED-BASED BIOACTIVES FOR FOOD, COSMETICS & AGRICULTURE
7
SUSTAINABILITY AND REGULATORY LANDSCAPE
Navigate evolving global regulations and innovate sustainable practices in the algae products market.
94
7.1
REGIONAL REGULATIONS AND COMPLIANCE
7.1.1
REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
7.1.2
INDUSTRY STANDARDS
7.1.3
LABELING REQUIREMENTS AND CLAIMS
7.1.4
ANTICIPATED REGULATORY CHANGES IN NEXT 5-10 YEARS
7.1.4.1
STRICTER CONTAMINANT & HEAVY METAL LIMITS
7.1.4.2
EXPANSION OF NOVEL FOOD & GRAS PATHWAYS FOR MICROALGAE
7.1.4.3
MANDATORY SUSTAINABILITY & TRACEABILITY REPORTING
7.1.4.4
MARINE CONSERVATION & HARVESTING RESTRICTIONS FOR SEAWEED
7.2
SUSTAINABILITY INITIATIVES
7.2.1
LOW-CARBON CULTIVATION SYSTEMS
7.2.2
CARBON CAPTURE & CO2 UTILIZATION (CCU)
7.2.3
SUSTAINABLE SEAWEED HARVESTING & MARINE STEWARDSHIP
7.2.4
BIOREFINERY APPROACH FOR COMPLETE BIOMASS UTILIZATION
7.2.5
REGENERATIVE OCEAN FARMING PRACTICES
7.3
SUSTAINABILITY IMPACT AND REGULATORY POLICY INITIATIVES
7.4
CERTIFICATIONS, LABELING, ECO-STANDARDS
8
CUSTOMER LANDSCAPE AND BUYER BEHAVIOR
Unlock key stakeholder influence and unmet needs to drive profitability in algae product markets.
102
8.1
DECISION-MAKING PROCESS
8.2
BUYER STAKEHOLDERS AND BUYING EVALUATION CRITERIA
8.2.1
KEY STAKEHOLDERS IN BUYING PROCESS
8.2.2
BUYING CRITERIA
8.3
ADOPTION BARRIERS AND INTERNAL CHALLENGES
8.4
UNMET NEEDS FROM VARIOUS END-USE INDUSTRIES
8.5
MARKET PROFITABILITY
8.5.1
REVENUE POTENTIAL
8.5.2
COST DYNAMICS
8.5.3
MARGIN OPPORTUNITIES, BY SOURCE
9
ALGAE PRODUCTS MARKET, BY TYPE
Market Size & Growth Rate Forecast Analysis to 2030 in USD Million | 14 Data Tables
110
9.1
INTRODUCTION
9.2
LIPIDS
9.2.1
GROWING USE OF LIPIDS SOURCED FROM ALGAE AS ALTERNATIVES TO FISH OIL TO BOOST MARKET
9.3
CARRAGEENANS
9.3.1
EXTENSIVE APPLICATIONS OF CARRAGEENANS IN PHARMACEUTICAL AND FOOD & BEVERAGE SECTORS TO FUEL ADOPTION
9.4
CAROTENOIDS
9.4.1
GROWING DEMAND FOR NATURAL CAROTENOIDS TO SUPPORT GROWTH
9.5
ALGAL PROTEINS
9.5.1
GROWING DEMAND FOR ALGAL PROTEINS IN NUTRACEUTICAL INDUSTRY TO FAVOR MARKET GROWTH
9.6
ALGINATES
9.6.1
GROWING USE OF ALGINATES AS BLENDING AGENTS IN FOOD & BEVERAGE PRODUCTS TO BOOST MARKET
9.7
OTHER ALGAE PRODUCTS
10
ALGAE PRODUCTS MARKET, BY SOURCE
Market Size & Growth Rate Forecast Analysis to 2030 in USD Million | 21 Data Tables
121
10.1
INTRODUCTION
10.2
MACROALGAE
10.2.1
RISING DEMAND FOR NATURAL HYDROCOLLOIDS, PLANT-BASED FOODS, AND SUSTAINABLE MARINE BIOMASS TO ACCELERATE GLOBAL ADOPTION OF MACROALGAE
10.2.2
BROWN ALGAE (PHAEOPHYCEAE)
10.2.2.1
ASCOPHYLLUM
10.2.2.2
LAMINARIA
10.2.2.3
MACROCYSTIS
10.2.2.4
OTHER BROWN ALGAE
10.2.3
RED ALGAE (RHODOPHYTA)
10.2.3.1
GRACILARIA
10.2.3.2
GELIDIUM
10.2.3.3
PORPHYRA (NORI)
10.2.3.4
OTHER RED ALGAE
10.3
MICROALGAE
10.3.1
GROWING NEED FOR HIGH-VALUE BIOACTIVES, NATURAL PIGMENTS, AND VEGAN OMEGA-3 SOURCES TO DRIVE RAPID EXPANSION OF MICROALGAE SEGMENT
10.3.2
GREEN ALGAE (CHLOROPHYTA)
10.3.2.1
CHLORELLA
10.3.2.2
HAEMATOCOCCUS
10.3.2.3
OTHER GREEN ALGAE
10.3.3
BLUE-GREEN ALGAE (CYANOBACTERIA)
10.3.3.1
SPIRULINA
10.3.3.2
APHANIZOMENON FLOS-AQUAE (AFA)
10.3.4
OTHER MICROALGAE (YELLOW-BROWN & GOLDEN)
11
ALGAE PRODUCTS MARKET, BY APPLICATION
Market Size & Growth Rate Forecast Analysis to 2030 in USD Million | 14 Data Tables
133
11.1
INTRODUCTION
11.2
FOOD & BEVERAGES
11.2.1
GROWING DEMAND FOR ALTERNATE PLANT PROTEIN SOURCES TO BOOST DEMAND FOR ALGAE PRODUCTS
11.2.1.1
DAIRY & DAIRY ALTERNATIVES
11.2.1.2
BAKERY & CONFECTIONERY PRODUCTS
11.2.1.3
MEAT & MEAT ALTERNATIVES
11.2.1.4
BEVERAGES
11.2.1.5
CONDIMENTS & SAUCES
11.2.1.6
OTHER FOOD APPLICATIONS
11.3
NUTRACEUTICALS & DIETARY SUPPLEMENTS
11.3.1
GROWING POPULARITY OF ALGAE-BASED OMEGA-3 SUPPLEMENTS TO CONTRIBUTE TO GROWTH
11.3.1.1
TABLETS
11.3.1.2
CAPSULES
11.3.1.3
GUMMIES & CHEWABLES
11.3.1.4
POWDER
11.3.1.5
LIQUID
11.4
ANIMAL FEED
11.4.1
ABILITY OF ALGAE-BASED ANIMAL FEED TO DELIVER ESSENTIAL MINERALS AND BOOST IMMUNITY TO SUPPORT GROWTH
11.4.1.1
POULTRY
11.4.1.2
RUMINANTS
11.4.1.3
SWINE
11.4.1.4
AQUATIC ANIMALS
11.4.1.5
PETS
11.5
PERSONAL CARE PRODUCTS
11.5.1
ANTI-INFLAMMATORY PROPERTIES OF ALGAE TO DRIVE GROWTH IN MARKET SEGMENT
11.6
PHARMACEUTICALS
11.6.1
ANTIBIOTIC PROPERTIES OF ALGAE PRODUCTS TO FUEL DEMAND
11.7
OTHER APPLICATIONS
12
ALGAE PRODUCTS MARKET, BY FORM
Market Size & Growth Rate Forecast Analysis to 2030 in USD Million | 6 Data Tables
148
12.1
INTRODUCTION
12.2
SOLID
12.2.1
VERSATILITY OF SOLID ALGAE PRODUCTS TO DRIVE MARKET GROWTH
12.3
LIQUID
12.3.1
GROWING APPLICATIONS IN PHARMACEUTICALS TO BOOST DEMAND FOR LIQUID ALGAE PRODUCTS
13
ALGAE PRODUCTS MARKET, BY PROCESSING TECHNOLOGY
Market Size & Growth Rate Forecast Analysis
153
13.1
INTRODUCTION
13.2
OPEN PONDS
13.2.1
COST-EFFICIENT LARGE-SCALE CULTIVATION CONTINUES TO DRIVE ADOPTION OF OPEN PONDS FOR HIGH-VOLUME SPIRULINA AND CHLORELLA PRODUCTION
13.3
PHOTOBIOREACTORS (PBR) (FLAT-PANEL & TUBULAR)
13.3.1
RISING DEMAND FOR HIGH-PURITY, CONTAMINATION-FREE MICROALGAL BIOACTIVES TO FUEL RAPID EXPANSION OF PBR-BASED PRODUCTION
13.4
HETEROTROPHIC FERMENTATION
13.4.1
NEED FOR CONSISTENT, HIGH-DENSITY DHA/EPA, AND PROTEIN OUTPUTS TO BOOST USE OF CONTROLLED HETEROTROPHIC FERMENTATION SYSTEMS
13.5
WILD HARVEST
13.5.1
GROWING INTEREST IN NATURAL, MARINE-DERIVED HYDROCOLLOIDS AND EXTRACTS SUSTAINS DEMAND FOR RESPONSIBLY MANAGED WILD SEAWEED HARVESTING
13.6
HYBRID SYSTEMS
13.6.1
PRODUCERS SEEKING TO BALANCE COST EFFICIENCY AND PRODUCT QUALITY TO INCREASE SHIFTING TOWARD HYBRID ALGAE CULTIVATION MODELS
13.7
DOWNSTREAM PROCESSING
13.7.1
RISING COMMERCIAL DEMAND FOR HIGH-PURITY ALGAL EXTRACTS TO DRIVE INNOVATIONS AND INVESTMENT IN EFFICIENT DOWNSTREAM PROCESSING
14
ALGAE PRODUCTS MARKET, BY REGION
Comprehensive coverage of 9 Regions with country-level deep-dive of 14 Countries | 112 Data Tables.
157
14.1
INTRODUCTION
14.2
NORTH AMERICA
14.2.1
US
14.2.1.1
RISING APPLICATIONS OF ALGAE PRODUCTS IN FOOD & BEVERAGES, NUTRACEUTICALS, AND PERSONAL CARE PRODUCTS TO BOOST MARKET
14.2.2
CANADA
14.2.2.1
RISING PREFERENCE FOR PLANT-BASED ALTERNATIVES TO FAVOR MARKET GROWTH
14.2.3
MEXICO
14.2.3.1
DIETARY CONCERNS TO BOOST DEMAND FOR ALGAE PRODUCTS
14.3
EUROPE
14.3.1
GERMANY
14.3.1.1
GROWING DEMAND FOR ALGAE PRODUCTS FOR SPORTS NUTRITION AND ANIMAL FEED TO FUEL GROWTH
14.3.2
FRANCE
14.3.2.1
RELIANCE ON ALGAE IMPORTS TO DRIVE MARKET FOR LOCAL ALGAE PRODUCTS
14.3.3
SPAIN
14.3.3.1
FOOD & BEVERAGE INDUSTRY TO PROVIDE GROWTH OPPORTUNITIES FOR ALGAE PRODUCTS
14.3.4
UK
14.3.4.1
GROWING AWARENESS ABOUT ALGAE PRODUCTS TO DRIVE MARKET GROWTH
14.3.5
ITALY
14.3.5.1
INCREASING INVESTMENTS AND EXPANSIONS BY MARKET PLAYERS TO SUPPORT GROWTH
14.3.6
REST OF EUROPE
14.4
ASIA PACIFIC
14.4.1
CHINA
14.4.1.1
USE OF ALGAE IN PERSONAL CARE TO DRIVE MARKET IN CHINA
14.4.2
JAPAN
14.4.2.1
GROWING USE OF ORGANIC PRODUCTS TO PROPEL MARKET GROWTH
14.4.3
INDIA
14.4.3.1
PRESENCE OF KEY MARKET PLAYERS TO STRENGTHEN ALGAE PRODUCTS MARKET
14.4.4
AUSTRALIA & NEW ZEALAND
14.4.4.1
RISING AWARENESS AND GROWTH OF AQUACULTURE INDUSTRY TO DRIVE DEMAND FOR ALGAE PRODUCTS
14.4.5
REST OF ASIA PACIFIC
14.5
SOUTH AMERICA
14.5.1
BRAZIL
14.5.1.1
RISING PER CAPITA INCOME TO FUEL DEMAND FOR QUALITY ALGAE PRODUCTS
14.5.2
ARGENTINA
14.5.2.1
INCREASING PREFERENCE FOR VEGAN DIETS TO PROVIDE GROWTH AVENUES
14.5.3
REST OF SOUTH AMERICA
14.6
REST OF THE WORLD (ROW)
14.6.1
AFRICA
14.6.1.1
HIGH PREVALENCE OF MALNUTRITION TO BOOST DEMAND FOR ALGAE PRODUCTS
14.6.2
MIDDLE EAST
14.6.2.1
GROWING DEMAND FOR ALGAE PRODUCTS FROM NUTRACEUTICAL SECTOR TO BOOST GROWTH
15
COMPETITIVE LANDSCAPE
Discover how strategic maneuvers are reshaping market dominance and driving revenue growth in key sectors.
210
15.1
OVERVIEW
15.2
KEY PLAYER STRATEGIES/RIGHT TO WIN, 2021–2024
15.3
REVENUE ANALYSIS, 2020–2024
15.4
MARKET SHARE ANALYSIS, 2024
15.5
COMPANY VALUATION AND FINANCIAL METRICS
15.6
BRAND/PRODUCT COMPARISON
15.7
COMPANY EVALUATION MATRIX: KEY PLAYERS, 2024
15.7.1
STARS
15.7.2
EMERGING LEADERS
15.7.3
PERVASIVE PLAYERS
15.7.4
PARTICIPANTS
15.7.5
COMPANY FOOTPRINT: KEY PLAYERS, 2024
15.7.5.1
COMPANY FOOTPRINT
15.7.5.2
TYPE FOOTPRINT
15.7.5.3
APPLICATION FOOTPRINT
15.7.5.4
REGION FOOTPRINT
15.8
COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2024
15.8.1
PROGRESSIVE COMPANIES
15.8.2
RESPONSIVE COMPANIES
15.8.3
DYNAMIC COMPANIES
15.8.4
STARTING BLOCKS
15.8.5
COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES
15.8.5.1
DETAILED LIST OF KEY STARTUPS/SMES
15.8.5.2
COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES
15.9
COMPETITIVE SCENARIO
15.9.1
PRODUCT LAUNCHES
15.9.2
DEALS
15.9.3
EXPANSIONS
15.9.4
OTHER DEVELOPMENTS
16
COMPANY PROFILES
In-depth Company Profiles of Leading Market Players with detailed Business Overview, Product and Service Portfolio, Recent Developments, and Unique Analyst Perspective (MnM View)
231
16.1
KEY PLAYERS
16.1.1
CYANOTECH CORPORATION
16.1.1.1
BUSINESS OVERVIEW
16.1.1.2
PRODUCTS/SOLUTIONS/SERVICES OFFERED
16.1.1.3
RECENT DEVELOPMENTS
16.1.1.3.1
PRODUCT LAUNCHES
16.1.1.3.2
OTHER DEVELOPMENTS
16.1.1.4
MNM VIEW
16.1.1.4.1
KEY STRENGTHS
16.1.1.4.2
STRATEGIC CHOICES
16.1.1.4.3
WEAKNESSES AND COMPETITIVE THREATS
16.1.2
CARGILL, INCORPORATED
16.1.3
DSM
16.1.4
BASF SE
16.1.5
TATE & LYLE
16.1.6
INTERNATIONAL FLAVORS & FRAGRANCES INC.
16.1.7
CORBION
16.1.8
EARTHRISE NUTRITIONALS, LLC
16.1.9
E.I.D. - PARRY
16.1.10
ALGEA
16.1.11
SPIRA INC.
16.1.12
ALGENOL
16.1.13
GLAUKOS ALGAE TECHNOLOGIES PVT. LTD.
16.1.14
NUTRIALGO PRIVATE LIMITED
16.1.15
ALGALR
16.2
OTHER PLAYERS
16.2.1
EVONIK INDUSTRIES AG
16.2.2
PRODUCTS/SOLUTIONS/SERVICES OFFERED
16.2.3
SOLABIA NUTRITION
16.2.4
ALGENOL
16.2.5
CELLANA INC.
16.2.6
FENCHEM
16.2.7
TBK MANUFACTURING CORPORATION
16.2.8
KARAGEN INDONESIA, CV
16.2.9
ASTAREAL AB
16.2.10
P.T. HYDROCOLLOID INDONESIA
16.2.11
TRITON ALGAE INNOVATIONS
17
RESEARCH METHODOLOGY
285
17.1
RESEARCH DATA
17.1.1
SECONDARY DATA
17.1.1.1
KEY DATA FROM SECONDARY SOURCES
17.1.2
PRIMARY DATA
17.1.2.1
KEY DATA FROM PRIMARY SOURCES
17.1.2.2
KEY INSIGHTS FROM INDUSTRY EXPERTS
17.1.2.3
BREAKDOWN OF PRIMARY INTERVIEWS
17.2
MARKET SIZE ESTIMATION
17.2.1
MARKET SIZE ESTIMATION: BOTTOM-UP APPROACH
17.2.2
MARKET SIZE ESTIMATION: TOP-DOWN APPROACH
17.3
DATA TRIANGULATION
17.4
RESEARCH ASSUMPTIONS
17.5
LIMITATIONS AND ASSOCIATED RISKS
18
ADJACENT & RELATED MARKETS
297
18.1
INTRODUCTION
18.2
LIMITATIONS
18.3
SEAWEED PROTEINS MARKET
18.3.1
MARKET DEFINITION
18.3.2
MARKET OVERVIEW
18.3.3
SEAWEED PROTEINS MARKET, BY APPLICATION
18.3.3.1
INTRODUCTION
18.4
CAROTENOIDS MARKET
18.4.1
MARKET DEFINITION
18.4.2
MARKET OVERVIEW
18.4.3
CAROTENOIDS MARKET, BY TYPE
18.4.3.1
INTRODUCTION
19
APPENDIX
303
19.1
DISCUSSION GUIDE
19.2
KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
19.3
CUSTOMIZATION OPTIONS
19.4
RELATED REPORTS
19.5
AUTHOR DETAILS
LIST OF TABLES
TABLE 1
USD EXCHANGE RATES, 2020–2024
TABLE 2
HEALTH BENEFITS ASSOCIATED WITH OMEGA-3 CONSUMPTION
TABLE 3
ALGAE PRODUCTS MARKET: PORTER’S FIVE FORCES ANALYSIS
TABLE 4
ROLES OF COMPANIES IN ALGAE PRODUCTS ECOSYSTEM
TABLE 5
ALGAE PRODUCTS MARKET: LIST OF KEY CONFERENCES AND EVENTS, 2025–2026
TABLE 6
US-ADJUSTED RECIPROCAL TARIFF RATES
TABLE 7
TOP USE CASES AND MARKET POTENTIAL
TABLE 8
BEST PRACTICES: COMPANIES IMPLEMENTING USE CASES
TABLE 9
ALGAE PRODUCTS MARKET: CASE STUDIES RELATED TO GEN AI IMPLEMENTATION
TABLE 10
INTERCONNECTED ADJACENT ECOSYSTEM AND IMPACT ON MARKET PLAYERS
TABLE 11
NORTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 12
EUROPE: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 13
ASIA PACIFIC: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 14
REST OF THE WORLD: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 15
GLOBAL INDUSTRY STANDARDS IN ALGAE PRODUCTS MARKET
TABLE 16
LABELING REQUIREMENTS AND CLAIMS IN ALGAE PRODUCTS MARKET
TABLE 17
CERTIFICATIONS, LABELING, AND ECO-STANDARDS IN ALGAE PRODUCTS MARKET
TABLE 18
INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS
TABLE 19
KEY CRITERIA FOR SELECTING SUPPLIERS/VENDORS
TABLE 20
UNMET NEEDS IN ALGAE PRODUCTS MARKET, BY END-USE INDUSTRY
TABLE 21
COST DYNAMICS IN ALGAE PRODUCTS MARKET
TABLE 22
MARGIN OPPORTUNITIES IN ALGAE PRODUCTS MARKET, BY SOURCE
TABLE 23
ALGAE PRODUCTS MARKET, BY TYPE, 2021–2024 (USD MILLION)
TABLE 24
ALGAE PRODUCTS MARKET, BY TYPE, 2025–2030 (USD MILLION)
TABLE 25
ALGAL LIPIDS MARKET, BY REGION, 2021–2024 (USD MILLION)
TABLE 26
ALGAL LIPIDS MARKET, BY REGION, 2025–2030 (USD MILLION)
TABLE 27
CARRAGEENANS MARKET, BY REGION, 2021–2024 (USD MILLION)
TABLE 28
CARRAGEENANS MARKET, BY REGION, 2025–2030 (USD MILLION)
TABLE 29
ALGAL CAROTENOIDS MARKET, BY REGION, 2021–2024 (USD MILLION)
TABLE 30
ALGAL CAROTENOIDS MARKET, BY REGION, 2025–2030 (USD MILLION)
TABLE 31
ALGAL PROTEINS MARKET, BY REGION, 2021–2024 (USD MILLION)
TABLE 32
ALGAL PROTEINS MARKET, BY REGION, 2025–2030 (USD MILLION)
TABLE 33
ALGINATES MARKET, BY REGION, 2021–2024 (USD MILLION)
TABLE 34
ALGINATES MARKET, BY REGION, 2025–2030 (USD MILLION)
TABLE 35
OTHER ALGAE PRODUCTS MARKET, BY REGION, 2021–2024 (USD MILLION)
TABLE 36
OTHER ALGAE PRODUCTS MARKET, BY REGION, 2025–2030 (USD MILLION)
TABLE 37
CHARACTERISTICS OF DIFFERENT ALGAE, BY PHYLUM/CLASS
TABLE 38
ALGAE PRODUCTS MARKET, BY SOURCE, 2021–2024 (USD MILLION)
TABLE 39
ALGAE PRODUCTS MARKET, BY SOURCE, 2025–2030 (USD MILLION)
TABLE 40
MACROALGAE PRODUCTS MARKET, BY SOURCE, 2021–2024 (USD MILLION)
TABLE 41
MACROALGAE PRODUCTS MARKET, BY SOURCE, 2025–2030 (USD MILLION)
TABLE 42
MACROALGAE PRODUCTS MARKET, BY REGION, 2021–2024 (USD MILLION)
TABLE 43
MACROALGAE PRODUCTS MARKET, BY REGION, 2025–2030 (USD MILLION)
TABLE 44
BROWN ALGAE PRODUCTS MARKET, BY REGION, 2021–2024 (USD MILLION)
TABLE 45
BROWN ALGAE PRODUCTS MARKET, BY REGION, 2025–2030 (USD MILLION)
TABLE 46
RED ALGAE PRODUCTS MARKET, BY REGION, 2021–2024 (USD MILLION)
TABLE 47
RED ALGAE PRODUCTS MARKET, BY REGION, 2025–2030 (USD MILLION)
TABLE 48
MICROALGAE PRODUCTS MARKET, BY SOURCE, 2021–2024 (USD MILLION)
TABLE 49
MICROALGAE PRODUCTS MARKET, BY SOURCE, 2025–2030 (USD MILLION)
TABLE 50
MICROALGAE PRODUCTS MARKET, BY REGION, 2021–2024 (USD MILLION)
TABLE 51
MICROALGAE PRODUCTS MARKET, BY REGION, 2025–2030 (USD MILLION)
TABLE 52
GREEN ALGAE PRODUCTS MARKET, BY REGION, 2021–2024 (USD MILLION)
TABLE 53
GREEN ALGAE PRODUCTS MARKET, BY REGION, 2025–2030 (USD MILLION)
TABLE 54
BLUE-GREEN ALGAE PRODUCTS MARKET, BY REGION, 2021–2024 (USD MILLION)
TABLE 55
BLUE-GREEN ALGAE PRODUCTS MARKET, BY REGION, 2025–2030 (USD MILLION)
TABLE 56
OTHER MICROALGAE PRODUCTS MARKET, BY REGION, 2021–2024 (USD MILLION)
TABLE 57
OTHER MICROALGAE PRODUCTS MARKET, BY REGION, 2025–2030 (USD MILLION)
TABLE 58
ALGAE PRODUCTS MARKET, BY APPLICATION, 2021–2024 (USD MILLION)
TABLE 59
ALGAE PRODUCTS MARKET, BY APPLICATION, 2025–2030 (USD MILLION)
TABLE 60
ALGAE PRODUCTS MARKET IN FOOD & BEVERAGES, BY REGION, 2021–2024 (USD MILLION)
TABLE 61
ALGAE PRODUCTS MARKET IN FOOD & BEVERAGES, BY REGION, 2025–2030 (USD MILLION)
TABLE 62
ALGAE PRODUCTS MARKET IN DIETARY SUPPLEMENTS, BY REGION, 2021–2024 (USD MILLION)
TABLE 63
ALGAE PRODUCTS MARKET IN DIETARY SUPPLEMENTS, BY REGION, 2025–2030 (USD MILLION)
TABLE 64
ALGAE PRODUCTS MARKET IN ANIMAL FEED, BY REGION, 2021–2024 (USD MILLION)
TABLE 65
ALGAE PRODUCTS MARKET IN ANIMAL FEED, BY REGION, 2025–2030 (USD MILLION)
TABLE 66
ALGAE PRODUCTS MARKET IN PERSONAL CARE PRODUCTS, BY REGION, 2021–2024 (USD MILLION)
TABLE 67
ALGAE PRODUCTS MARKET IN PERSONAL CARE PRODUCTS, BY REGION, 2025–2030 (USD MILLION)
TABLE 68
ALGAE PRODUCTS MARKET IN PHARMACEUTICALS, BY REGION, 2021–2024 (USD MILLION)
TABLE 69
ALGAE PRODUCTS MARKET IN PHARMACEUTICALS, BY REGION, 2025–2030 (USD MILLION)
TABLE 70
ALGAE PRODUCTS MARKET IN OTHER APPLICATIONS, BY REGION, 2021–2024 (USD MILLION)
TABLE 71
ALGAE PRODUCTS MARKET IN OTHER APPLICATIONS, BY REGION, 2025–2030 (USD MILLION)
TABLE 72
ALGAE PRODUCTS MARKET, BY FORM, 2021–2024 (USD MILLION)
TABLE 73
ALGAE PRODUCTS MARKET, BY FORM, 2025–2030 (USD MILLION)
TABLE 74
SOLID ALGAE PRODUCTS MARKET, BY REGION, 2021–2024 (USD MILLION)
TABLE 75
SOLID ALGAE PRODUCTS MARKET, BY REGION, 2025–2030 (USD MILLION)
TABLE 76
LIQUID ALGAE PRODUCTS MARKET, BY REGION, 2021–2024 (USD MILLION)
TABLE 77
LIQUID ALGAE PRODUCTS MARKET, BY REGION, 2025–2030 (USD MILLION)
TABLE 78
ALGAE PRODUCTS MARKET, BY REGION, 2021–2024 (USD MILLION)
TABLE 79
ALGAE PRODUCTS MARKET, BY REGION, 2025–2030 (USD MILLION)
TABLE 80
ALGAE PRODUCTS MARKET, BY REGION, 2021–2024 (TONS)
TABLE 81
ALGAE PRODUCTS MARKET, BY REGION, 2025–2030 (TONS)
TABLE 82
NORTH AMERICA: ALGAE PRODUCTS MARKET, BY COUNTRY, 2021–2024 (USD MILLION)
TABLE 83
NORTH AMERICA: ALGAE PRODUCTS MARKET, BY COUNTRY, 2025–2030 (USD MILLION)
TABLE 84
NORTH AMERICA: ALGAE PRODUCTS MARKET, BY TYPE, 2021–2024 (USD MILLION)
TABLE 85
NORTH AMERICA: ALGAE PRODUCTS MARKET, BY TYPE, 2025–2030 (USD MILLION)
TABLE 86
NORTH AMERICA: ALGAE PRODUCTS MARKET, BY SOURCE, 2021–2024 (USD MILLION)
TABLE 87
NORTH AMERICA: ALGAE PRODUCTS MARKET, BY SOURCE, 2025–2030 (USD MILLION)
TABLE 88
NORTH AMERICA: ALGAE PRODUCTS MARKET, BY MICROALGAE, 2021–2024 (USD MILLION)
TABLE 89
NORTH AMERICA: ALGAE PRODUCTS MARKET, BY MICROALGAE, 2025–2030 (USD MILLION)
TABLE 90
NORTH AMERICA: ALGAE PRODUCTS MARKET, BY MACROALGAE, 2021–2024 (USD MILLION)
TABLE 91
NORTH AMERICA: ALGAE PRODUCTS MARKET, BY MACROALGAE, 2025–2030 (USD MILLION)
TABLE 92
NORTH AMERICA: ALGAE PRODUCTS MARKET, BY FORM, 2021–2024 (USD MILLION)
TABLE 93
NORTH AMERICA: ALGAE PRODUCTS MARKET, BY FORM, 2025–2030 (USD MILLION)
TABLE 94
NORTH AMERICA: ALGAE PRODUCTS MARKET, BY APPLICATION, 2021–2024 (USD MILLION)
TABLE 95
NORTH AMERICA: ALGAE PRODUCTS MARKET, BY APPLICATION, 2025–2030 (USD MILLION)
TABLE 96
US: ALGAE PRODUCTS MARKET, BY TYPE, 2021–2024 (USD MILLION)
TABLE 97
US: ALGAE PRODUCTS MARKET, BY TYPE, 2025–2030 (USD MILLION)
TABLE 98
CANADA: ALGAE PRODUCTS MARKET, BY TYPE, 2021–2024 (USD MILLION)
TABLE 99
CANADA: ALGAE PRODUCTS MARKET, BY TYPE, 2025–2030 (USD MILLION)
TABLE 100
MEXICO: ALGAE PRODUCTS MARKET, BY TYPE, 2021–2024 (USD MILLION)
TABLE 101
MEXICO: ALGAE PRODUCTS MARKET, BY TYPE, 2025–2030 (USD MILLION)
TABLE 102
EUROPE: ALGAE PRODUCTS MARKET, BY COUNTRY, 2021–2024 (USD MILLION)
TABLE 103
EUROPE: ALGAE PRODUCTS MARKET, BY COUNTRY, 2025–2030 (USD MILLION)
TABLE 104
EUROPE: ALGAE PRODUCTS MARKET, BY TYPE, 2021–2024 (USD MILLION)
TABLE 105
EUROPE: ALGAE PRODUCTS MARKET, BY TYPE, 2025–2030 (USD MILLION)
TABLE 106
EUROPE: ALGAE PRODUCTS MARKET, BY SOURCE, 2021–2024 (USD MILLION)
TABLE 107
EUROPE: ALGAE PRODUCTS MARKET, BY SOURCE, 2025–2030 (USD MILLION)
TABLE 108
EUROPE: ALGAE PRODUCTS MARKET, BY MICROALGAE, 2021–2024 (USD MILLION)
TABLE 109
EUROPE: ALGAE PRODUCTS MARKET, BY MICROALGAE, 2025–2030 (USD MILLION)
TABLE 110
EUROPE: ALGAE PRODUCTS MARKET, BY MACROALGAE, 2021–2024 (USD MILLION)
TABLE 111
EUROPE: ALGAE PRODUCTS MARKET, BY MACROALGAE, 2025–2030 (USD MILLION)
TABLE 112
EUROPE: ALGAE PRODUCTS MARKET, BY FORM, 2021–2024 (USD MILLION)
TABLE 113
EUROPE: ALGAE PRODUCTS MARKET, BY FORM, 2025–2030 (USD MILLION)
TABLE 114
EUROPE: ALGAE PRODUCTS MARKET, BY APPLICATION, 2021–2024 (USD MILLION)
TABLE 115
EUROPE: ALGAE PRODUCTS MARKET, BY APPLICATION, 2025–2030 (USD MILLION)
TABLE 116
GERMANY: ALGAE PRODUCTS MARKET, BY TYPE, 2021–2024 (USD MILLION)
TABLE 117
GERMANY: ALGAE PRODUCTS MARKET, BY TYPE, 2025–2030 (USD MILLION)
TABLE 118
FRANCE: ALGAE PRODUCTS MARKET, BY TYPE, 2021–2024 (USD MILLION)
TABLE 119
FRANCE: ALGAE PRODUCTS MARKET, BY TYPE, 2025–2030 (USD MILLION)
TABLE 120
SPAIN: ALGAE PRODUCTS MARKET, BY TYPE, 2021–2024 (USD MILLION)
TABLE 121
SPAIN: ALGAE PRODUCTS MARKET, BY TYPE, 2025–2030 (USD MILLION)
TABLE 122
UK: ALGAE PRODUCTS MARKET, BY TYPE, 2021–2024 (USD MILLION)
TABLE 123
UK: ALGAE PRODUCTS MARKET, BY TYPE, 2025–2030 (USD MILLION)
TABLE 124
ITALY: ALGAE PRODUCTS MARKET, BY TYPE, 2021–2024 (USD MILLION)
TABLE 125
ITALY: ALGAE PRODUCTS MARKET, BY TYPE, 2025–2030 (USD MILLION)
TABLE 126
REST OF EUROPE: ALGAE PRODUCTS MARKET, BY TYPE, 2021–2024 (USD MILLION)
TABLE 127
REST OF EUROPE: ALGAE PRODUCTS MARKET, BY TYPE, 2025–2030 (USD MILLION)
TABLE 128
ASIA PACIFIC: ALGAE PRODUCTS MARKET, BY COUNTRY, 2021–2024 (USD MILLION)
TABLE 129
ASIA PACIFIC: ALGAE PRODUCTS MARKET, BY COUNTRY, 2025–2030 (USD MILLION)
TABLE 130
ASIA PACIFIC: ALGAE PRODUCTS MARKET, BY TYPE, 2021–2024 (USD MILLION)
TABLE 131
ASIA PACIFIC: ALGAE PRODUCTS MARKET, BY TYPE, 2025–2030 (USD MILLION)
TABLE 132
ASIA PACIFIC: ALGAE PRODUCTS MARKET, BY SOURCE, 2021–2024 (USD MILLION)
TABLE 133
ASIA PACIFIC: ALGAE PRODUCTS MARKET, BY SOURCE, 2025–2030 (USD MILLION)
TABLE 134
ASIA PACIFIC: ALGAE PRODUCTS MARKET, BY MICROALGAE, 2021–2024 (USD MILLION)
TABLE 135
ASIA PACIFIC: ALGAE PRODUCTS MARKET, BY MICROALGAE, 2025–2030 (USD MILLION)
TABLE 136
ASIA PACIFIC: ALGAE PRODUCTS MARKET, BY MACROALGAE, 2021–2024 (USD MILLION)
TABLE 137
ASIA PACIFIC: ALGAE PRODUCTS MARKET, BY MACROALGAE, 2025–2030 (USD MILLION)
TABLE 138
ASIA PACIFIC: ALGAE PRODUCTS MARKET, BY FORM, 2021–2024 (USD MILLION)
TABLE 139
ASIA PACIFIC: ALGAE PRODUCTS MARKET, BY FORM, 2025–2030 (USD MILLION)
TABLE 140
ASIA PACIFIC: ALGAE PRODUCTS MARKET, BY APPLICATION, 2021–2024 (USD MILLION)
TABLE 141
ASIA PACIFIC: ALGAE PRODUCTS MARKET, BY APPLICATION, 2025–2030 (USD MILLION)
TABLE 142
CHINA: ALGAE PRODUCTS MARKET, BY TYPE, 2021–2024 (USD MILLION)
TABLE 143
CHINA: ALGAE PRODUCTS MARKET, BY TYPE, 2025–2030 (USD MILLION)
TABLE 144
JAPAN: ALGAE PRODUCTS MARKET, BY TYPE, 2021–2024 (USD MILLION)
TABLE 145
JAPAN: ALGAE PRODUCTS MARKET, BY TYPE, 2025–2030 (USD MILLION)
TABLE 146
INDIA: ALGAE PRODUCTS MARKET, BY TYPE, 2021–2024 (USD MILLION)
TABLE 147
INDIA: ALGAE PRODUCTS MARKET, BY TYPE, 2025–2030 (USD MILLION)
TABLE 148
AUSTRALIA & NEW ZEALAND: ALGAE PRODUCTS MARKET, BY TYPE, 2021–2024 (USD MILLION)
TABLE 149
AUSTRALIA & NEW ZEALAND: ALGAE PRODUCTS MARKET, BY TYPE, 2025–2030 (USD MILLION)
TABLE 150
REST OF ASIA PACIFIC: ALGAE PRODUCTS MARKET, BY TYPE, 2021–2024 (USD MILLION)
TABLE 151
REST OF ASIA PACIFIC: ALGAE PRODUCTS MARKET, BY TYPE, 2025–2030 (USD MILLION)
TABLE 152
SOUTH AMERICA: ALGAE PRODUCTS MARKET, BY COUNTRY, 2021–2024 (USD MILLION)
TABLE 153
SOUTH AMERICA: ALGAE PRODUCTS MARKET, BY COUNTRY, 2025–2030 (USD MILLION)
TABLE 154
SOUTH AMERICA: ALGAE PRODUCTS MARKET, BY TYPE, 2021–2024 (USD MILLION)
TABLE 155
SOUTH AMERICA: ALGAE PRODUCTS MARKET, BY TYPE, 2025–2030 (USD MILLION)
TABLE 156
SOUTH AMERICA: ALGAE PRODUCTS MARKET, BY SOURCE, 2021–2024 (USD MILLION)
TABLE 157
SOUTH AMERICA: ALGAE PRODUCTS MARKET, BY SOURCE, 2025–2030 (USD MILLION)
TABLE 158
SOUTH AMERICA: ALGAE PRODUCTS MARKET, BY MICROALGAE, 2021–2024 (USD MILLION)
TABLE 159
SOUTH AMERICA: ALGAE PRODUCTS MARKET, BY MICROALGAE, 2025–2030 (USD MILLION)
TABLE 160
SOUTH AMERICA: ALGAE PRODUCTS MARKET, BY MACROALGAE, 2021–2024 (USD MILLION)
TABLE 161
SOUTH AMERICA: ALGAE PRODUCTS MARKET, BY MACROALGAE, 2025–2030 (USD MILLION)
TABLE 162
SOUTH AMERICA: ALGAE PRODUCTS MARKET, BY FORM, 2021–2024 (USD MILLION)
TABLE 163
SOUTH AMERICA: ALGAE PRODUCTS MARKET, BY FORM, 2025–2030 (USD MILLION)
TABLE 164
SOUTH AMERICA: ALGAE PRODUCTS MARKET, BY APPLICATION, 2021–2024 (USD MILLION)
TABLE 165
SOUTH AMERICA: ALGAE PRODUCTS MARKET, BY APPLICATION, 2025–2030 (USD MILLION)
TABLE 166
BRAZIL: ALGAE PRODUCTS MARKET, BY TYPE, 2021–2024 (USD MILLION)
TABLE 167
BRAZIL: ALGAE PRODUCTS MARKET, BY TYPE, 2025–2030 (USD MILLION)
TABLE 168
ARGENTINA: ALGAE PRODUCTS MARKET, BY TYPE, 2021–2024 (USD MILLION)
TABLE 169
ARGENTINA: ALGAE PRODUCTS MARKET, BY TYPE, 2025–2030 (USD MILLION)
TABLE 170
REST OF SOUTH AMERICA: ALGAE PRODUCTS MARKET, BY TYPE, 2021–2024 (USD MILLION)
TABLE 171
REST OF SOUTH AMERICA: ALGAE PRODUCTS MARKET, BY TYPE, 2025–2030 (USD MILLION)
TABLE 172
ROW: ALGAE PRODUCTS MARKET, BY REGION, 2021–2024 (USD MILLION)
TABLE 173
ROW: ALGAE PRODUCTS MARKET, BY REGION, 2025–2030 (USD MILLION)
TABLE 174
ROW: ALGAE PRODUCTS MARKET, BY TYPE, 2021–2024 (USD MILLION)
TABLE 175
ROW: ALGAE PRODUCTS MARKET, BY TYPE, 2025–2030 (USD MILLION)
TABLE 176
ROW: ALGAE PRODUCTS MARKET, BY SOURCE, 2021–2024 (USD MILLION)
TABLE 177
ROW: ALGAE PRODUCTS MARKET, BY SOURCE, 2025–2030 (USD MILLION)
TABLE 178
ROW: ALGAE PRODUCTS MARKET, BY MICROALGAE, 2021–2024 (USD MILLION)
TABLE 179
ROW: ALGAE PRODUCTS MARKET, BY MICROALGAE, 2025–2030 (USD MILLION)
TABLE 180
ROW: ALGAE PRODUCTS MARKET, BY MACROALGAE, 2021–2024 (USD MILLION)
TABLE 181
ROW: ALGAE PRODUCTS MARKET, BY MACROALGAE, 2025–2030 (USD MILLION)
TABLE 182
ROW: ALGAE PRODUCTS MARKET, BY FORM, 2021–2024 (USD MILLION)
TABLE 183
ROW: ALGAE PRODUCTS MARKET, BY FORM, 2025–2030 (USD MILLION)
TABLE 184
ROW: ALGAE PRODUCTS MARKET, BY APPLICATION, 2021–2024 (USD MILLION)
TABLE 185
ROW: ALGAE PRODUCTS MARKET, BY APPLICATION, 2025–2030 (USD MILLION)
TABLE 186
AFRICA: ALGAE PRODUCTS MARKET, BY TYPE, 2021–2024 (USD MILLION)
TABLE 187
AFRICA: ALGAE PRODUCTS MARKET, BY TYPE, 2025–2030 (USD MILLION)
TABLE 188
MIDDLE EAST: ALGAE PRODUCTS MARKET, BY TYPE, 2021–2024 (USD MILLION)
TABLE 189
MIDDLE EAST: ALGAE PRODUCTS MARKET, BY TYPE, 2025–2030 (USD MILLION)
TABLE 190
ALGAE PRODUCTS MARKET: OVERVIEW OF STRATEGIES ADOPTED BY KEY PLAYERS, 2021–2024
TABLE 191
ALGAE PRODUCTS MARKET: DEGREE OF COMPETITION
TABLE 192
COMPANY FOOTPRINT, BY TYPE
TABLE 193
COMPANY FOOTPRINT, BY APPLICATION
TABLE 194
ALGAE PRODUCTS MARKET: TYPE FOOTPRINT
TABLE 195
ALGAE PRODUCTS MARKET: KEY STARTUPS/SMES
TABLE 196
ALGAE PRODUCTS MARKET: COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES
TABLE 197
ALGAE PRODUCTS MARKET: PRODUCT LAUNCHES, 2018–2025
TABLE 198
ALGAE PRODUCTS MARKET: DEALS, 2018–2025
TABLE 199
ALGAE PRODUCTS MARKET: EXPANSIONS, 2018–2025
TABLE 200
ALGAE PRODUCTS MARKET: OTHER DEVELOPMENTS, 2018–2025
TABLE 201
CYANOTECH CORPORATION: COMPANY OVERVIEW
TABLE 202
CYANOTECH CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 203
CYANOTECH CORPORATION: PRODUCT LAUNCHES
TABLE 204
CYANOTECH CORPORATION: OTHER DEVELOPMENTS
TABLE 205
CARGILL, INCORPORATED: COMPANY OVERVIEW
TABLE 206
CARGILL, INCORPORATED: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 207
CARGILL, INCORPORATED: PRODUCT LAUNCHES
TABLE 208
DSM: COMPANY OVERVIEW
TABLE 209
DSM: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 210
BASF SE: COMPANY OVERVIEW
TABLE 211
BASF SE: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 212
TATE & LYLE: COMPANY OVERVIEW
TABLE 213
TATE & LYLE: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 214
TATE & LYLE: DEALS
TABLE 215
INTERNATIONAL FLAVORS & FRAGRANCES INC.: COMPANY OVERVIEW
TABLE 216
INTERNATIONAL FLAVORS & FRAGRANCES INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 217
INTERNATIONAL FLAVORS & FRAGRANCES INC.: PRODUCT LAUNCHES
TABLE 218
INTERNATIONAL FLAVORS & FRAGRANCES INC.: DEALS
TABLE 219
CORBION: COMPANY OVERVIEW
TABLE 220
CORBION: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 221
CORBION: DEALS
TABLE 222
EARTHRISE NUTRITIONALS, LLC: COMPANY OVERVIEW
TABLE 223
EARTHRISE NUTRITIONALS LLC: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 224
E.I.D. - PARRY: COMPANY OVERVIEW
TABLE 225
E.I.D. - PARRY: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 226
ALGEA: COMPANY OVERVIEW
TABLE 227
ALGEA: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 228
SPIRA INC.: COMPANY OVERVIEW
TABLE 229
SPIRA INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 230
ALGENOL: COMPANY OVERVIEW
TABLE 231
ALGENOL: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 232
GLAUKOS ALGAE TECHNOLOGIES PVT. LTD.: COMPANY OVERVIEW
TABLE 233
GLAUKOS ALGAE TECHNOLOGIES PVT. LTD.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 234
NUTRIALGO PRIVATE LIMITED: COMPANY OVERVIEW
TABLE 235
NUTRIALGO PRIVATE LIMITED: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 236
ALGALR: COMPANY OVERVIEW
TABLE 237
ALGALR: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 238
EVONIK INDUSTRIES AG: COMPANY OVERVIEW
TABLE 239
EVONIK INDUSTRIES AG: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 240
EVONIK INDUSTRIES AG: PRODUCT LAUNCHES
TABLE 241
EVONIK INDUSTRIES AG: DEALS
TABLE 242
SOLABIA NUTRITION: COMPANY OVERVIEW
TABLE 243
SOLABIA NUTRITION: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 244
SOLABIA NUTRITION: DEALS
TABLE 245
SOLABIA NUTRITION: EXPANSIONS
TABLE 246
ALGENOL: COMPANY OVERVIEW
TABLE 247
ALGENOL: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 248
CELLANA INC.: COMPANY OVERVIEW
TABLE 249
CELLANA INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 250
FENCHEM: COMPANY OVERVIEW
TABLE 251
FENCHEM: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 252
LIMITATIONS AND ASSOCIATED RISKS
TABLE 253
ADJACENT & RELATED MARKETS
TABLE 254
SEAWEED PROTEINS MARKET, BY APPLICATION, 2018–2021 (USD MILLION)
TABLE 255
SEAWEED PROTEINS MARKET, BY APPLICATION, 2022–2027 (USD MILLION)
TABLE 256
SEAWEED PROTEINS MARKET, BY APPLICATION, 2018–2021 (KT)
TABLE 257
SEAWEED PROTEINS MARKET, BY APPLICATION, 2022–2027 (KT)
TABLE 258
SEAWEED PROTEINS MARKET, BY REGION, 2018–2021 (KT)
TABLE 259
SEAWEED PROTEINS MARKET, BY REGION, 2022–2027 (KT)
TABLE 260
CAROTENOIDS MARKET, BY TYPE, 2017–2026 (USD MILLION)
TABLE 261
CAROTENOIDS MARKET, BY TYPE, 2017–2026 (TON)
LIST OF FIGURES
FIGURE 1
MARKET SEGMENTATION
FIGURE 2
STUDY YEARS CONSIDERED
FIGURE 3
KEY SCENARIO
FIGURE 4
GLOBAL ALGAE PRODUCTS MARKET, 2021–2030 (USD MILLION)
FIGURE 5
MAJOR STRATEGIES ADOPTED BY KEY PLAYERS IN ALGAE PRODUCTS MARKET, 2020–2025
FIGURE 6
DISRUPTIVE TRENDS IMPACTING GROWTH OF ALGAE PRODUCTS MARKET DURING FORECAST PERIOD
FIGURE 7
HIGH-GROWTH SEGMENTS FRONTIERS IN ALGAE PRODUCTS MARKET, 2025–2030
FIGURE 8
ASIA PACIFIC TO REGISTER HIGHEST GROWTH RATE DURING FORECAST PERIOD
FIGURE 9
SUSTAINABILITY AND HEALTH CONSCIOUSNESS TO DRIVE MARKET GROWTH
FIGURE 10
MACROALGAE AND US ACCOUNTED FOR LARGEST RESPECTIVE SEGMENTAL SHARE IN 2025
FIGURE 11
US HELD LARGEST SHARE IN ALGAE PRODUCTS MARKET, 2025
FIGURE 12
NORTH AMERICA TO DOMINATE ALGAE PRODUCTS MARKET ACROSS ALL TYPES, 2025 VS. 2030
FIGURE 13
ONLINE RETAIL STORES TO DOMINATE ALGAE PRODUCTS MARKET ACROSS ALL DISTRIBUTION CHANNELS, 2025 VS. 2030
FIGURE 14
ADULTS SEGMENT TO ACCOUNT FOR LARGEST SHARE BY 2030
FIGURE 15
ALGAE PRODUCTS MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES
FIGURE 16
OPERATING COST ALLOCATION FOR PHOTOBIOREACTORS (PBR)
FIGURE 17
ALGAE PRODUCTS MARKET: PORTER’S FIVE FORCES ANALYSIS
FIGURE 18
WORLD POPULATION, BY ECONOMY
FIGURE 19
POPULATION GROWTH TREND, 1950–2050
FIGURE 20
ALGAE PRODUCTS MARKET: SUPPLY CHAIN ANALYSIS
FIGURE 21
ALGAE PRODUCTS MARKET: VALUE CHAIN
FIGURE 22
ALGAE PRODUCTS MARKET: ECOSYSTEM ANALYSIS
FIGURE 23
AVERAGE SELLING PRICE OF ALGAE PRODUCTS OFFERED BY KEY PLAYERS, BY TYPE, 2025 (USD/TON)
FIGURE 24
AVERAGE SELLING PRICE TREND OF ALGAE PRODUCTS, BY REGION, 2021-2025 (USD/TON)
FIGURE 25
IMPORT DATA RELATED TO HS CODE 121220-COMPLIANT PRODUCTS, BY KEY COUNTRY, 2021–2024 (KG)
FIGURE 26
EXPORT DATA RELATED TO HS CODE 121220-COMPLIANT PRODUCTS, BY KEY COUNTRY, 2021–2024 (KG)
FIGURE 27
TRENDS/DISRUPTIONS INFLUENCING CUSTOMER BUSINESS
FIGURE 28
INVESTMENT AND FUNDING SCENARIO
FIGURE 29
PATENTS APPLIED AND GRANTED (JANUARY 2015-NOVEMBER 2025)
FIGURE 30
FUTURE APPLICATIONS
FIGURE 31
ALGAE PRODUCTS MARKET: DECISION-MAKING FACTORS
FIGURE 32
INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS, BY TYPE
FIGURE 33
KEY BUYING CRITERIA, BY TYPE
FIGURE 34
ADOPTION BARRIERS AND INTERNAL CHALLENGES
FIGURE 35
ALGAE PRODUCTS MARKET, BY TYPE, 2025 VS. 2030 (USD MILLION)
FIGURE 36
ALGAE PRODUCTS MARKET, BY SOURCE, 2025 VS. 2030 (USD MILLION)
FIGURE 37
ALGAE PRODUCTS MARKET, BY APPLICATION, 2025 VS. 2030 (USD MILLION)
FIGURE 38
ALGAE PRODUCTS MARKET, BY FORM, 2025 VS. 2030 (USD MILLION)
FIGURE 39
INDIA TO RECORD SIGNIFICANT GROWTH DURING FORECAST PERIOD
FIGURE 40
NORTH AMERICA: ALGAE PRODUCTS MARKET SNAPSHOT
FIGURE 41
ASIA PACIFIC: ALGAE PRODUCTS MARKET SNAPSHOT
FIGURE 42
ALGAE PRODUCTS MARKET: SEGMENTAL REVENUE ANALYSIS OF KEY PLAYERS, 2020–2024 (USD BILLION)
FIGURE 43
COMPANY VALUATION FOR MAJOR PLAYERS IN PET BIOTICS MARKET
FIGURE 44
EV/EBITDA OF MAJOR PLAYERS
FIGURE 45
ALGAE PRODUCTS MARKET: BRAND/PRODUCT COMPARISON
FIGURE 46
ALGAE PRODUCTS MARKET: COMPANY EVALUATION MATRIX (KEY PLAYERS), 2024
FIGURE 47
ALGAE PRODUCTS MARKET: COMPANY FOOTPRINT
FIGURE 48
ALGAE PRODUCTS MARKET: COMPANY EVALUATION MATRIX (STARTUPS/SMES), 2024
FIGURE 49
CYANOTECH CORPORATION: COMPANY SNAPSHOT
FIGURE 50
CARGILL, INCORPORATED: COMPANY SNAPSHOT
FIGURE 51
DSM: COMPANY SNAPSHOT
FIGURE 52
BASF SE: COMPANY SNAPSHOT
FIGURE 53
TATE & LYLE: COMPANY SNAPSHOT
FIGURE 54
INTERNATIONAL FLAVORS & FRAGRANCES INC.: COMPANY SNAPSHOT
FIGURE 55
CORBION: COMPANY SNAPSHOT
FIGURE 56
E.I.D. - PARRY: COMPANY SNAPSHOT
FIGURE 57
EVONIK INDUSTRIES AG: COMPANY SNAPSHOT
FIGURE 58
ALGAE PRODUCTS MARKET: RESEARCH DESIGN
FIGURE 59
BREAKDOWN OF PRIMARY INTERVIEWS, BY COMPANY TYPE, DESIGNATION, AND REGION
FIGURE 60
ALGAE PRODUCTS MARKET SIZE ESTIMATION: BOTTOM-UP APPROACH
FIGURE 61
ALGAE PRODUCTS MARKET SIZE ESTIMATION: TOP-DOWN APPROACH
FIGURE 62
ALGAE PRODUCTS MARKET SIZE ESTIMATION (DEMAND SIDE)
FIGURE 63
ALGAE PRODUCTS MARKET SIZE ESTIMATION, BY TYPE (SUPPLY SIDE)
FIGURE 64
DATA TRIANGULATION METHODOLOGY
FIGURE 65
RESEARCH ASSUMPTIONS
Methodology
This study employed two primary approaches to estimate the current size of the algae products market. Exhaustive secondary research was conducted to collect information on the source, type, application, form, and production process (qualitative) segments of the market. The next step involved validating these findings, assumptions, and sizing with industry experts across the value chain through primary research. The top-down and bottom-up approaches were employed to estimate the complete market size. Thereafter, data triangulation was used to estimate the market size of segments and subsegments.
Secondary Research
This research study utilized extensive secondary sources, including directories and databases such as Bloomberg Businessweek and Factiva, to identify and collect information for a technical, market-oriented, and commercial market study. In the secondary research process, sources such as annual reports, press releases & investor presentations of companies, white papers, feed journals, certified publications, articles from recognized authors, directories, and databases were referred to to identify and collect information. Secondary research was mainly used to obtain key information about the industry’s supply chain, the pool of key players, and market classification and segmentation based on the industry trends to the bottom-most level, regional markets, and key developments from market- and technology-oriented perspectives.
Primary Research
Extensive primary research was conducted after obtaining information regarding the algae products market scenario through secondary research. Several primary interviews were conducted with market experts from the demand and supply sides across major countries of North America, Europe, Asia Pacific, South America, and the Rest of the World. Primary data was collected through questionnaires, emails, and telephonic interviews. The primary sources from the supply side included various industry experts, such as chief experience officers (CXOs), vice presidents (VPs), directors from business development, marketing, research, and development teams, as well as key executives from distributors and key opinion leaders.
Primary interviews were conducted to gather insights, including market statistics, revenue data from products and services, market breakdowns, market size estimations, market forecasting, and data triangulation. Primary research also helped to understand the various trends related to source, type, application, form, production process (qualitative), and region. Stakeholders from the demand side, such as distributors, importers, exporters, and end-use sectors such as food & beverages, dietary supplements, animal feed, cosmetics & personal care products, pharmaceuticals, and other applications, were interviewed to understand the buyers’ perspective on the suppliers, products, and the outlook of their business, which will affect the overall market.
Note: The three tiers of the companies are defined based on their total revenues in 2023 or 2024, based on the availability of financial data: Tier 1: Revenue > USD 1 billion; Tier 2: USD 100 million = revenue = USD 1 billion; Tier 3: Revenue < USD 100 million. RoW includes Africa and the Middle East.
To know about the assumptions considered for the study, download the pdf brochure
|
COMPANY NAME |
DESIGNATION |
|
Cargill, Incorporated (US) |
Product Development Manager |
|
Kelco U.S., Inc. (Tate & Lyle) (US) |
Sales Manager |
|
Corbion (Netherlands) |
Marketing Head |
|
Fenchem (China) |
Sales Head |
|
AlgaTech Ltd. (Israel) |
Senior Sales Manager |
|
Algenol Biotech (US) |
Business Development Manager |
Market Size Estimation
The top-down and bottom-up approaches were used to estimate and validate the total size of the algae products market. These approaches were also used extensively to determine the size of various subsegments in the market. The research methodology used to estimate the market size includes the following details:
- The key players in the industry and the overall markets were identified through extensive secondary research.
- All shares, splits, and breakdowns were determined using secondary sources and verified through primary sources.
- All possible parameters that affect the market covered in this research study were accounted for, viewed in extensive detail, verified through primary research, and analyzed to obtain final quantitative and qualitative data.
- The research included the study of reports, reviews, and newsletters of top market players, along with extensive interviews for opinions from leaders, such as CEOs, directors, and marketing executives.
Algae Products Market : Top-Down and Bottom-Up Approach
Data Triangulation
After determining the overall market size from the estimation process explained above, the total market was split into several segments and subsegments. The data triangulation procedure was employed, wherever applicable, to estimate the overall algae products market and obtain precise statistics for all segments and subsegments. The data was triangulated by studying various factors and trends from the demand and supply sides. The market size was also validated using the top-down and bottom-up approaches.
Market Definition
According to the Indiana Department of Environmental Management, algae are simple, nonflowering plants that range in size from small, single-celled diatoms to giant, multicellular animals like kelp or seaweed (macroalgae). All algae have chlorophyll; however, most do not have stems, leaves, roots, or vascular tissue. As they provide the energetic foundation for the food web that supports all aquatic organisms, they are essential to aquatic ecosystems. Algae are autotrophic organisms that use photosynthesis to produce sugar from water and carbon dioxide. As a result of photosynthesis, oxygen is also produced, which helps fish and other aquatic species survive.
Products such as lipids (omega-3, omega-6, and omega-9), carotenoids, carrageenan, agar, algal protein, algal flour, and alginate are extracted from algae to serve various end-use applications. Algae are highly diversified in their properties, which makes them useful in applications such as food & beverages, personal care products, pharmaceuticals, animal feed, pet food, and nutraceuticals & dietary supplements.
Stakeholders
-
. Raw Material & Input Suppliers
- Algae strain providers (microalgae and macroalgae)
- Nutrient and culture media suppliers
- Equipment manufacturers (bioreactors, photobioreactors, and harvesting systems)
- Energy and water suppliers
-
Algae Cultivators & Producers
- Commercial algae farms (open pond and closed system cultivators)
- Biotechnology and aquaculture companies
- Integrated algae production facilities (producing lipids, proteins, pigments, etc.)
-
Processors & Manufacturers
- Algae extraction and refining companies (lipid, protein, pigment, and carbohydrate processors)
- Ingredient and formulation manufacturers for F&B, nutraceuticals, cosmetics, and feed industries
-
End-use Industries
- Food & Beverage manufacturers – using algae for colorants, stabilizers, and nutritional enrichment
- Pharmaceutical and nutraceutical companies – producing omega-3 supplements, antioxidants, and bioactive compounds
- Cosmetics & personal care companies – utilizing algae extracts for skincare and anti-aging formulations
- Animal feed and aquafeed producers – incorporating algae as a sustainable protein and lipid source
- Biofuel manufacturers – using algae biomass for renewable energy production
- Distribution & Retail Channels
- Investors & Supporting Entities
- Government Organizations, Institutes, and Research Organizations
-
Associations and Industry Bodies:
- Food and Agriculture Organization (FAO)
- US Department of Agriculture (USDA)
- International Organization for Standardization (ISO)
- International Federation of Organic Agriculture Movements (IFOAM)
- Canadian Organic Standards (COS)
Report Objectives
- To determine and project the size of the algae products market based on source, type, application, form, production process (qualitative), and region, over five years, ranging from 2025 to 2030
- To identify the attractive opportunities in the market by determining the largest and fastest-growing segments across regions
- To provide detailed information about the key factors influencing market growth (drivers, restraints, opportunities, and challenges)
- To analyze the opportunities in the market for stakeholders and provide details of the competitive landscape for market leaders
- To analyze the micromarkets with respect to individual growth trends, prospects, and their contribution to the total market
- To identify and profile the key players in the market
- To understand the competitive landscape and identify the major growth strategies adopted by players across the key regions
Available Customizations
With the given market data, MarketsandMarkets offers customizations according to company-specific scientific needs. The following customization options are available for the report:
Product Analysis
- Product matrix, which gives a detailed comparison of the product portfolio of each company.
Geographic Analysis as per Feasibility
With the given market data, MarketsandMarkets offers customizations according to company-specific needs.
- Further breakdown of the Rest of Europe algae products market into key countries
- Further breakdown of the Rest of Asia Pacific algae products market into key countries
- Further breakdown of the Rest of South America algae products market into key countries
Company Information
- Detailed analyses and profiling of additional market players (up to five)
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Growth opportunities and latent adjacency in Algae Products Market