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
TABLE OF CONTENTS
1 INTRODUCTION 30
- 1.1 OBJECTIVES OF THE STUDY 30
- 1.2 MARKET DEFINITION 30
- 1.3 OVERVIEW OF GLOBAL MICROALGAE MARKET 30
- 1.4 CURRENCY AND PRICING 32
- 1.5 LIMITATIONS 32
- 1.6 MARKETS COVERED 32
2 MARKET SEGMENTATION 35
- 2.1 MARKETS COVERED 35
- 2.2 GEOGRAPHICAL SCOPE 36
- 2.3 YEARS CONSIDERED FOR THE STUDY 37
- 2.4 DBMR TRIPOD DATA VALIDATION MODEL 38
- 2.5 MULTIVARIATE MODELING 41
- 2.6 TYPE LIFELINE CURVE 41
- 2.7 PRIMARY INTERVIEWS WITH KEY OPINION LEADERS 42
- 2.8 DBMR MARKET POSITION GRID 43
- 2.9 VENDOR SHARE ANALYSIS 45
- 2.10 MARKET END USER COVERAGE GRID 46
- 2.11 SECONDARY SOURCES 47
- 2.12 ASSUMPTIONS 47
3 EXECUTIVE SUMMARY 48
4 PREMIUM INSIGHT 52
- 4.1 PATENT ANALYSIS 54
- 4.2 BRAND ANALYSIS 56
- 4.3 SUPPLY CHAIN ANALYSIS 60
- 4.4 MICROALGAE PRODUCTION PROCESS 61
- 4.5 VALUE CHAIN ANALYSIS 62
5 GLOBAL MICROALGAE MARKET: LAWS AND REGULATIONS 64
6 MARKET OVERVIEW 68
- 6.1 DRIVERS 70
- 6.1.1 RISE IN AWARENESS AMONG CONSUMERS ABOUT THE WIDE HEALTH BENEFITS OF MICROALGAE PRODUCTS 70
- 6.1.2 DEVELOPMENT OF NEW INNOVATION AND TECHNOLOGY FOR MICROALGAE PRODUCTS 70
- 6.1.3 WIDE COVERAGE OF MICROALGAE IN DIFFERENT FIELDS SUCH AS COSMETICS, NUTRITION ETC 71
- 6.1.4 RISE IN THE FOCUS TOWARD PLANT-RICH DIET 73
- 6.2 RESTRAINTS 74
- 6.2.1 SIDE-EFFECTS RELATED TO MICROALGAE PRODUCTS 74
- 6.2.2 HIGH PRODUCTION COST 75
- 6.2.3 PRODUCTIVITY DEPENDS UPON CLIMATE 76
- 6.3 OPPORTUNITIES 77
- 6.3.1 INCREASE IN THE FUND FOR MICROALGAE PRODUCTION 77
- 6.3.2 RISE IN THE STRATEGIC INITIATIVES BY MARKET PLAYERS 77
- 6.3.3 RISE IN THE INTEREST IN BIODIESEL FEEDSTOCKS 78
- 6.4 CHALLENGES 79
- 6.4.1 COMPLICATIONS ASSOCIATED WITH MICROALGAE PRODUCTION 79
- 6.4.2 STRINGENT REGULATIONS RELATED TO MICROALGAE 79
- 6.4.3 DRAWBACKS OF THE DOWNSTREAM MARKET 81
7 GLOBAL MICROALGAE MARKET, BY TYPE 82
- 7.1 OVERVIEW 83
- 7.2 SPIRULINA 86
- 7.3 CHLORELLA 86
- 7.4 HAEMATOCOCCUS PLUVIALIS 87
- 7.5 DUNALIELLA SALINA 88
- 7.6 ISOCHRYSIS 89
- 7.7 PHAEODACTYLUM TRICORNUTUM 89
- 7.8 CHLAMYDOMONAS REINHARDTII 90
- 7.9 PORPHYRIDIUM CRUENTUM 91
- 7.10 NANNOCHLOROPSIS 92
- 7.11 OTHERS 93
8 GLOBAL MICROALGAE MARKET, BY CATEGORY 94
- 8.1 OVERVIEW 95
- 8.2 INORGANIC 98
- 8.3 ORGANIC 98
9 GLOBAL MICROALGAE MARKET, BY FORM 100
- 9.1 OVERVIEW 101
- 9.2 POWDER/DRY 104
- 9.3 LIQUID 105
10 GLOBAL MICROALGAE MARKET, BY GRADE 106
- 10.1 OVERVIEW 107
- 10.2 FOOD GRADE 110
- 10.3 FEED GRADE 110
- 10.4 FUEL GRADE 111
- 10.5 COSMETIC GRADE 112
- 10.6 OTHERS 113
11 GLOBAL MICROALGAE MARKET, BY APPLICATION 114
- 11.1 OVERVIEW 115
- 11.2 DIETARY SUPPLEMENTS 118
- 11.2.1 POWDER 119
- 11.2.2 SOFT GELS 119
- 11.2.3 CAPSULES 119
- 11.2.4 OTHERS 119
- 11.3 FOOD & BEVERAGES 119
- 11.3.1 MEAT & POULTRY 120
- 11.3.2 BAKERY & CONFECTIONERY 120
- 11.3.3 SNACKS 120
- 11.3.4 RTE MEALS 120
- 11.3.5 BEVERAGES 120
- 11.3.6 INFANT FORMULA 120
- 11.3.7 DAIRY PRODUCTS 120
- 11.4 ANIMAL FEED 121
- 11.4.1 AQUACULTURE 121
- 11.4.2 RUMINANT 122
- 11.4.3 SWINE 122
- 11.4.4 POULTRY 122
- 11.4.5 OTHERS 122
- 11.5 BIO-FUEL 122
- 11.6 COSMETICS & PERSONAL 122
- 11.6.1 SKIN CARE 123
- 11.6.2 HAIR CARE 123
- 11.7 INKS 124
- 11.8 PHARMACEUTICALS 124
- 11.9 OTHERS 125
12 GLOBAL MICROALGAE MARKET, BY DISTRIBUTION CHANNEL 127
- 12.1 OVERVIEW 128
- 12.2 DIRECT 131
- 12.3 INDIRECT 131
13 GLOBAL MICROALGAE MARKET, BY REGION 133
- 13.1 OVERVIEW 134
- 13.2 NORTH AMERICA 139
- 13.2.1 U.S. 147
- 13.2.2 CANADA 150
- 13.2.3 MEXICO 153
- 13.3 EUROPE 156
- 13.3.1 U.K. 165
- 13.3.2 FRANCE 168
- 13.3.3 SPAIN 172
- 13.3.4 GERMANY 175
- 13.3.5 ITALY 178
- 13.3.6 NETHERLANDS 181
- 13.3.7 SWITZERLAND 184
- 13.3.8 BELGIUM 187
- 13.3.9 RUSSIA 190
- 13.3.10 TURKEY 193
- 13.3.11 REST OF EUROPE 196
- 13.4 ASIA-PACIFIC 197
- 13.4.1 CHINA 206
- 13.4.2 JAPAN 209
- 13.4.3 INDIA 212
- 13.4.4 AUSTRALIA 215
- 13.4.5 SOUTH KOREA 218
- 13.4.6 THAILAND 221
- 13.4.7 SINGAPORE 224
- 13.4.8 INDONESIA 227
- 13.4.9 MALAYSIA 230
- 13.4.10 PHILIPPINES 233
- 13.4.11 REST OF ASIA-PACIFIC 236
- 13.5 SOUTH AMERICA 237
- 13.5.1 BRAZIL 244
- 13.5.2 ARGENTINA 247
- 13.5.3 REST OF SOUTH AMERICA 250
- 13.6 MIDDLE EAST AND AFRICA 251
- 13.6.1 SOUTH AFRICA 260
- 13.6.2 SAUDI ARABIA 263
- 13.6.3 U.A.E. 266
- 13.6.4 KUWAIT 269
- 13.6.5 REST OF MIDDLE EAST AND AFRICA 272
14 GLOBAL MICROALGAE MARKET: COMPANY LANDSCAPE 273
- 14.1 COMPANY SHARE ANALYSIS: GLOBAL 273
- 14.2 COMPANY SHARE ANALYSIS: NORTH AMERICA 274
- 14.3 COMPANY SHARE ANALYSIS: EUROPE 275
- 14.4 COMPANY SHARE ANALYSIS: ASIA-PACIFIC 276
15 SWOT ANALYSIS 277
16 COMPANY PROFILE 278
- 16.1 EUGLENA CO., LTD. 278
- 16.1.1 COMPANY SNAPSHOT 278
- 16.1.2 REVENUE ANALYSIS 279
- 16.1.3 COMPANY SHARE ANALYSIS 279
- 16.1.4 PRODUCT PORTFOLIO 280
- 16.1.5 RECENT DEVELOPMENTS 280
- 16.2 DIC CORPORATION 282
- 16.2.1 COMPANY SNAPSHOT 282
- 16.2.2 REVENUE ANALYSIS 282
- 16.2.3 COMPANY SHARE ANALYSIS 283
- 16.2.4 PRODUCT PORTFOLIO 283
- 16.2.5 RECENT DEVELOPMENT 283
- 16.3 DSM 284
- 16.3.1 COMPANY SNAPSHOT 284
- 16.3.2 REVENUE ANALYSIS 284
- 16.3.3 COMPANY SHARE ANALYSIS 285
- 16.3.4 PRODUCT PORTFOLIO 285
- 16.3.5 RECENT DEVELOPMENT 285
- 16.4 CYANOTECH CORPORATION 286
- 16.4.1 COMPANY SNAPSHOT 286
- 16.4.2 REVENUE ANALYSIS 286
- 16.4.3 COMPANY SHARE ANALYSIS 287
- 16.4.4 PRODUCT PORTFOLIO 287
- 16.4.5 RECENT DEVELOPMENTS 287
- 16.5 CORBON 289
- 16.5.1 COMPANY SNAPSHOT 289
- 16.5.2 REVENUE ANALYSIS 289
- 16.5.3 COMPANY SHARE ANALYSIS 290
- 16.5.4 PRODUCT PORTFOLIO 290
- 16.5.5 RECENT DEVELOPMENTS 290
- 16.6 A4F ALGAE FOR FUTURE 292
- 16.6.1 COMPANY SNAPSHOT 292
- 16.6.2 PRODUCT PORTFOLIO 292
- 16.6.3 RECENT DEVELOPMENTS 292
- 16.7 ALGAENERGY 293
- 16.7.1 COMPANY SNAPSHOT 293
- 16.7.2 PRODUCT PORTFOLIO 293
- 16.7.3 RECENT DEVELOPMENTS 293
- 16.8 ALGAHEALTH 295
- 16.8.1 COMPANY SNAPSHOT 295
- 16.8.2 PRODUCT PORTFOLIO 295
- 16.8.3 RECENT DEVELOPMENTS 295
- 16.9 ALGATECH LTD 296
- 16.9.1 COMPANY SNAPSHOT 296
- 16.9.2 PRODUCT PORTFOLIO 296
- 16.9.3 RECENT DEVELOPMENT 296
- 16.10 ASTAREAL CO., LTD 297
- 16.10.1 COMPANY SNAPSHOT 297
- 16.10.2 PRODUCT PORTFOLIO 297
- 16.10.3 RECENT DEVELOPMENTS 297
- 16.11 BLUETEC NATURALS CO., LTD 299
- 16.11.1 COMPANY SNAPSHOT 299
- 16.11.2 PRODUCT PORTFOLIO 299
- 16.11.3 RECENT DEVELOPMENT 299
- 16.12 BUGGYPOWER 300
- 16.12.1 COMPANY SNAPSHOT 300
- 16.12.2 PRODUCT PORTFOLIO 300
- 16.12.3 RECENT DEVELOPMENT 300
- 16.13 CELLANA INC. 301
- 16.13.1 COMPANY SNAPSHOT 301
- 16.13.2 PRODUCT PORTFOLIO 301
- 16.13.3 RECENT DEVELOPMENT 301
- 16.14 EARTHRISE NUTRITIONALS, LLC 302
- 16.14.1 COMPANY SNAPSHOT 302
- 16.14.2 PRODUCT PORTFOLIO 302
- 16.14.3 RECENT DEVELOPMENT 302
- 16.15 FAR EAST BIO-TEC CO., LTD 303
- 16.15.1 COMPANY SNAPSHOT 303
- 16.15.2 PRODUCT PORTFOLIO 303
- 16.15.3 RECENT DEVELOPMENTS 304
- 16.16 HELIAE DEVELOPMENT, LLC 305
- 16.16.1 COMPANY SNAPSHOT 305
- 16.16.2 PRODUCT PORTFOLIO 305
- 16.16.3 RECENT DEVELOPMENTS 305
- 16.17 INALVE 307
- 16.17.1 COMPANY SNAPSHOT 307
- 16.17.2 PRODUCT PORTFOLIO 307
- 16.17.3 RECENT DEVELOPMENT 307
- 16.18 MICROPHYT 308
- 16.18.1 COMPANY SNAPSHOT 308
- 16.18.2 PRODUCT PORTFOLIO 308
- 16.18.3 RECENT DEVELOPMENT 308
- 16.19 PARRY NUTRACEUTICALS 309
- 16.19.1 COMPANY SNAPSHOT 309
- 16.19.2 PRODUCT PORTFOLIO 309
- 16.19.3 RECENT DEVELOPMENT 309
- 16.20 INNER MONGOLIA REJUVE BIOTECH CO., LTD 310
- 16.20.1 COMPANY SNAPSHOT 310
- 16.20.2 PRODUCT PORTFOLIO 310
- 16.20.3 RECENT DEVELOPMENTS 310
17 QUESTIONNAIRE 311
18 RELATED REPORTS 315