Market Analysis and Insights:
Due to the COVID-19 pandemic, the global Microalgae market size is estimated to be worth US$ 300.25 million in 2022 and is forecast to a readjusted size of US$ 421.08 million by 2028 with a CAGR of 5.80% during the forecast period 2022-2028. Fully considering the economic change by this health crisis, Spirulina accounting for 61.32% of the Microalgae global market in 2021, is projected to value US$ 257.48 million by 2028, growing at a revised 5.79% CAGR from 2022 to 2028. While Health segment is altered to a 5.45% CAGR throughout this forecast period (2022-2028).
China Microalgae market size was US$ 90.84 million in 2021, while the US and Europe Microalgae were US$ 59.24 million and US$ 51.08 million, severally. The proportion of the US was 20.84% in 2021, while China and Europe are 31.96% and 17.97% respectively, and it is predicted that China proportion will reach 30.74% in 2028, trailing a CAGR of 5.20% through the analysis period (2022-2028). As for the Europe Microalgae landscape, Germany is projected to reach US$ 21.41 million by 2028 trailing a CAGR of 6.64% over the forecast period (2022-2028).
The global key manufacturers of Microalgae include DIC Corporation, Cyanotech Corporation, Algaetech Group, TAAU Australia, Fuqing King Dnarmsa Spirulina, Shengbada Biology, Green A Biological, Dongtai City Spirulina Bio-Engineering, and Alltech, etc. In 2021, the global top five players hold a share approximately 47.34% in terms of revenue.
Scope and Segment:
Microalgae market is segmented by Type, and by Application. Players, stakeholders, and other participants in the global Microalgae market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by Type, and by Application for the period 2017-2028.
By Company
- DIC Corporation
- Cyanotech Corporation
- Algaetech Group
- TAAU Australia
- Fuqing King Dnarmsa Spirulina
- Shengbada Biology
- Green A Biological
- Dongtai City Spirulina Bio-Engineering
- Alltech
- Parry Nutraceuticals
- BlueBioTech
- Roquette
- Allma (Allmicroalgae)
- Global EcoPower (Cyane)
- Archimede Ricerche
- AlgaEnergy
- Phycom
- Necton
- Chenghai Bao ER
- Dongying Haifu Biological
Segment by Type
- Spirulina
- Dunaliella Salina
- Chlorella
- Aphanocapsa
- Other
Segment by Application
- Health
- Food
- Feed
- Energy
- Other
Segment by Region
- Asia-Pacific
- China
- Japan
- South Korea
- India
- Australia
- Southeast Asia
- Europe
- Germany
- France
- U.K.
- Italy
- Russia
TABLE OF CONTENTS
1 STUDY COVERAGE
- 1.1 Microalgae Product Introduction
- 1.2 Market by Type
- 1.2.1 Global Microalgae Market Size Growth Rate by Type, 2017 VS 2021 VS 2028
- 1.2.2 Spirulina
- 1.2.3 Dunaliella Salina
- 1.2.4 Chlorella
- 1.2.5 Aphanocapsa
- 1.2.6 Other
- 1.3 Market by Application
- 1.3.1 Global Microalgae Market Size Growth Rate by Application, 2017 VS 2021 VS 2028
- 1.3.2 Health
- 1.3.3 Food
- 1.3.4 Feed
- 1.3.5 Energy
- 1.3.6 Other
- 1.4 Study Objectives
- 1.5 Years Considered
2 EXECUTIVE SUMMARY
- 2.1 Global Microalgae Sales Estimates and Forecasts 2017-2028
- 2.2 Global Microalgae Revenue Estimates and Forecasts 2017-2028
- 2.3 Global Microalgae Revenue by Region: 2017 VS 2021 VS 2028
- 2.4 Global Microalgae Sales by Region
- 2.4.1 Global Microalgae Sales by Region (2017-2022)
- 2.4.2 Global Sales Microalgae by Region (2023-2028)
- 2.5 Global Microalgae Revenue by Region
- 2.5.1 Global Microalgae Revenue by Region (2017-2022)
- 2.5.2 Global Microalgae Revenue by Region (2023-2028)
- 2.6 North America
- 2.7 Europe
- 2.8 Asia-Pacific
- 2.9 Latin America
- 2.10 Middle East & Africa
3 COMPETITION BY MANUFACTURERS
- 3.1 Global Microalgae Sales by Manufacturers
- 3.1.1 Global Microalgae Sales by Manufacturers (2017-2022)
- 3.1.2 Global Microalgae Sales Market Share by Manufacturers (2017-2022)
- 3.1.3 Global Top 10 and Top 5 Largest Manufacturers of Microalgae in 2021
- 3.2 Global Microalgae Revenue by Manufacturers
- 3.2.1 Global Microalgae Revenue by Manufacturers (2017-2022)
- 3.2.2 Global Microalgae Revenue Market Share by Manufacturers (2017-2022)
- 3.2.3 Global Top 10 and Top 5 Companies by Microalgae Revenue in 2021
- 3.3 Global Microalgae Sales Price by Manufacturers (2017-2022)
- 3.4 Analysis of Competitive Landscape
- 3.4.1 Manufacturers Market Concentration Ratio (CR5 and HHI)
- 3.4.2 Global Microalgae Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
- 3.4.3 Global Microalgae Manufacturers Geographical Distribution
- 3.5 Mergers & Acquisitions, Expansion Plans
4 MARKET SIZE BY TYPE
- 4.1 Global Microalgae Sales by Type
- 4.1.1 Global Microalgae Historical Sales by Type (2017-2022)
- 4.1.2 Global Microalgae Forecasted Sales by Type (2023-2028)
- 4.1.3 Global Microalgae Sales Market Share by Type (2017-2028)
- 4.2 Global Microalgae Revenue by Type
- 4.2.1 Global Microalgae Historical Revenue by Type (2017-2022)
- 4.2.2 Global Microalgae Forecasted Revenue by Type (2023-2028)
- 4.2.3 Global Microalgae Revenue Market Share by Type (2017-2028)
- 4.3 Global Microalgae Price by Type
- 4.3.1 Global Microalgae Price by Type (2017-2022)
- 4.3.2 Global Microalgae Price Forecast by Type (2023-2028)
5 MARKET SIZE BY APPLICATION
- 5.1 Global Microalgae Sales by Application
- 5.1.1 Global Microalgae Historical Sales by Application (2017-2022)
- 5.1.2 Global Microalgae Forecasted Sales by Application (2023-2028)
- 5.1.3 Global Microalgae Sales Market Share by Application (2017-2028)
- 5.2 Global Microalgae Revenue by Application
- 5.2.1 Global Microalgae Historical Revenue by Application (2017-2022)
- 5.2.2 Global Microalgae Forecasted Revenue by Application (2023-2028)
- 5.2.3 Global Microalgae Revenue Market Share by Application (2017-2028)
- 5.3 Global Microalgae Price by Application
- 5.3.1 Global Microalgae Price by Application (2017-2022)
- 5.3.2 Global Microalgae Price Forecast by Application (2023-2028)
6 NORTH AMERICA
- 6.1 North America Microalgae Market Size by Type
- 6.1.1 North America Microalgae Sales by Type (2017-2028)
- 6.1.2 North America Microalgae Revenue by Type (2017-2028)
- 6.2 North America Microalgae Market Size by Application
- 6.2.1 North America Microalgae Sales by Application (2017-2028)
- 6.2.2 North America Microalgae Revenue by Application (2017-2028)
- 6.3 North America Microalgae Sales by Country
- 6.3.1 North America Microalgae Sales by Country (2017-2028)
- 6.3.2 North America Microalgae Revenue by Country (2017-2028)
- 6.3.3 United States
- 6.3.4 Canada
7 EUROPE
- 7.1 Europe Microalgae Market Size by Type
- 7.1.1 Europe Microalgae Sales by Type (2017-2028)
- 7.1.2 Europe Microalgae Revenue by Type (2017-2028)
- 7.2 Europe Microalgae Market Size by Application
- 7.2.1 Europe Microalgae Sales by Application (2017-2028)
- 7.2.2 Europe Microalgae Revenue by Application (2017-2028)
- 7.3 Europe Microalgae Market Size by Country
- 7.3.1 Europe Microalgae Sales by Country (2017-2028)
- 7.3.2 Europe Microalgae Revenue by Country (2017-2028)
- 7.3.3 Germany
- 7.3.4 France
- 7.3.5 U.K.
- 7.3.6 Italy
- 7.3.7 Russia
8 ASIA PACIFIC
- 8.1 Asia Pacific Microalgae Market Size by Type
- 8.1.1 Asia Pacific Microalgae Sales by Type (2017-2028)
- 8.1.2 Asia Pacific Microalgae Revenue by Type (2017-2028)
- 8.2 Asia Pacific Microalgae Market Size by Application
- 8.2.1 Asia Pacific Microalgae Sales by Application (2017-2028)
- 8.2.2 Asia Pacific Microalgae Revenue by Application (2017-2028)
- 8.3 Asia Pacific Microalgae Market Size by Region
- 8.3.1 Asia Pacific Microalgae Sales by Region (2017-2028)
- 8.3.2 Asia Pacific Microalgae Revenue by Region (2017-2028)
- 8.3.3 China
- 8.3.4 Japan
- 8.3.5 South Korea
- 8.3.6 India
- 8.3.7 Australia
- 8.3.8 Southeast Asia
9 LATIN AMERICA
- 9.1 Latin America Microalgae Market Size by Type
- 9.1.1 Latin America Microalgae Sales by Type (2017-2028)
- 9.1.2 Latin America Microalgae Revenue by Type (2017-2028)
- 9.2 Latin America Microalgae Market Size by Application
- 9.2.1 Latin America Microalgae Sales by Application (2017-2028)
- 9.2.2 Latin America Microalgae Revenue by Application (2017-2028)
- 9.3 Latin America Microalgae Market Size by Country
- 9.3.1 Latin America Microalgae Sales by Country (2017-2028)
- 9.3.2 Latin America Microalgae Revenue by Country (2017-2028)
- 9.3.3 Mexico
- 9.3.4 Brazil
- 9.3.5 Argentina
10 MIDDLE EAST AND AFRICA
- 10.1 Middle East and Africa Microalgae Market Size by Type
- 10.1.1 Middle East and Africa Microalgae Sales by Type (2017-2028)
- 10.1.2 Middle East and Africa Microalgae Revenue by Type (2017-2028)
- 10.2 Middle East and Africa Microalgae Market Size by Application
- 10.2.1 Middle East and Africa Microalgae Sales by Application (2017-2028)
- 10.2.2 Middle East and Africa Microalgae Revenue by Application (2017-2028)
- 10.3 Middle East and Africa Microalgae Market Size by Country
- 10.3.1 Middle East and Africa Microalgae Sales by Country (2017-2028)
- 10.3.2 Middle East and Africa Microalgae Revenue by Country (2017-2028)
- 10.3.3 Turkey
- 10.3.4 Saudi Arabia
- 10.3.5 UAE
11 CORPORATE PROFILE
- 11.1 DIC Corporation
- 11.1.1 DIC Corporation Information
- 11.1.2 DIC Corporation Overview
- 11.1.3 DIC Corporation Microalgae Sales, Price, Revenue and Gross Margin (2017-2022)
- 11.1.4 DIC Corporation Microalgae Product Model Numbers, Pictures, Descriptions and Specifications
- 11.1.5 DIC Corporation Recent Developments
- 11.2 Cyanotech Corporation
- 11.2.1 Cyanotech Corporation Information
- 11.2.2 Cyanotech Corporation Overview
- 11.2.3 Cyanotech Corporation Microalgae Sales, Price, Revenue and Gross Margin (2017-2022)
- 11.2.4 Cyanotech Corporation Microalgae Product Model Numbers, Pictures, Descriptions and Specifications
- 11.2.5 Cyanotech Corporation Recent Developments
- 11.3 Algaetech Group
- 11.3.1 Algaetech Group Corporation Information
- 11.3.2 Algaetech Group Overview
- 11.3.3 Algaetech Group Microalgae Sales, Price, Revenue and Gross Margin (2017-2022)
- 11.3.4 Algaetech Group Microalgae Product Model Numbers, Pictures, Descriptions and Specifications
- 11.3.5 Algaetech Group Recent Developments
- 11.4 TAAU Australia
- 11.4.1 TAAU Australia Corporation Information
- 11.4.2 TAAU Australia Overview
- 11.4.3 TAAU Australia Microalgae Sales, Price, Revenue and Gross Margin (2017-2022)
- 11.4.4 TAAU Australia Microalgae Product Model Numbers, Pictures, Descriptions and Specifications
- 11.5 Fuqing King Dnarmsa Spirulina
- 11.5.1 Fuqing King Dnarmsa Spirulina Corporation Information
- 11.5.2 Fuqing King Dnarmsa Spirulina Overview
- 11.5.3 Fuqing King Dnarmsa Spirulina Microalgae Sales, Price, Revenue and Gross Margin (2017-2022)
- 11.5.4 Fuqing King Dnarmsa Spirulina Microalgae Product Model Numbers, Pictures, Descriptions and Specifications
- 11.6 Shengbada Biology
- 11.6.1 Shengbada Biology Corporation Information
- 11.6.2 Shengbada Biology Overview
- 11.6.3 Shengbada Biology Microalgae Sales, Price, Revenue and Gross Margin (2017-2022)
- 11.6.4 Shengbada Biology Microalgae Product Model Numbers, Pictures, Descriptions and Specifications
- 11.7 Green A Biological
- 11.7.1 Green A Biological Corporation Information
- 11.7.2 Green A Biological Overview
- 11.7.3 Green A Biological Microalgae Sales, Price, Revenue and Gross Margin (2017-2022)
- 11.7.4 Green A Biological Microalgae Product Model Numbers, Pictures, Descriptions and Specifications
- 11.8 Dongtai City Spirulina Bio-Engineering
- 11.8.1 Dongtai City Spirulina Bio-Engineering Corporation Information
- 11.8.2 Dongtai City Spirulina Bio-Engineering Overview
- 11.8.3 Dongtai City Spirulina Bio-Engineering Microalgae Sales, Price, Revenue and Gross Margin (2017-2022)
- 11.8.4 Dongtai City Spirulina Bio-Engineering Microalgae Product Model Numbers, Pictures, Descriptions and Specifications
- 11.9 Alltech
- 11.9.1 Alltech Corporation Information
- 11.9.2 Alltech Overview
- 11.9.3 Alltech Microalgae Sales, Price, Revenue and Gross Margin (2017-2022)
- 11.9.4 Alltech Microalgae Product Model Numbers, Pictures, Descriptions and Specifications
- 11.9.5 Alltech Recent Developments
- 11.10 Parry Nutraceuticals
- 11.10.1 Parry Nutraceuticals Corporation Information
- 11.10.2 Parry Nutraceuticals Overview
- 11.10.3 Parry Nutraceuticals Microalgae Sales, Price, Revenue and Gross Margin (2017-2022)
- 11.10.4 Parry Nutraceuticals Microalgae Product Model Numbers, Pictures, Descriptions and Specifications
- 11.10.5 Parry Nutraceuticals Recent Developments
- 11.11 BlueBioTech
- 11.11.1 BlueBioTech Corporation Information
- 11.11.2 BlueBioTech Overview
- 11.11.3 BlueBioTech Microalgae Sales, Price, Revenue and Gross Margin (2017-2022)
- 11.11.4 BlueBioTech Microalgae Product Model Numbers, Pictures, Descriptions and Specifications
- 11.12 Roquette
- 11.12.1 Roquette Corporation Information
- 11.12.2 Roquette Overview
- 11.12.3 Roquette Microalgae Sales, Price, Revenue and Gross Margin (2017-2022)
- 11.12.4 Roquette Microalgae Product Model Numbers, Pictures, Descriptions and Specifications
- 11.13 Allma (Allmicroalgae)
- 11.13.1 Allma (Allmicroalgae) Corporation Information
- 11.13.2 Allma (Allmicroalgae) Overview
- 11.13.3 Allma (Allmicroalgae) Microalgae Sales, Price, Revenue and Gross Margin (2017-2022)
- 11.13.4 Allma (Allmicroalgae) Microalgae Product Model Numbers, Pictures, Descriptions and Specifications
- 11.13.5 Allma (Allmicroalgae) Recent Developments
- 11.14 Global EcoPower (Cyane)
- 11.14.1 Global EcoPower (Cyane) Corporation Information
- 11.14.2 Global EcoPower (Cyane) Overview
- 11.14.3 Global EcoPower (Cyane) Microalgae Sales, Price, Revenue and Gross Margin (2017-2022)
- 11.14.4 Global EcoPower (Cyane) Microalgae Product Model Numbers, Pictures, Descriptions and Specifications
- 11.14.5 Global EcoPower (Cyane) Recent Developments
- 11.15 Archimede Ricerche
- 11.15.1 Archimede Ricerche Corporation Information
- 11.15.2 Archimede Ricerche Overview
- 11.15.3 Archimede Ricerche Microalgae Sales, Price, Revenue and Gross Margin (2017-2022)
- 11.15.4 Archimede Ricerche Microalgae Product Model Numbers, Pictures, Descriptions and Specifications
- 11.16 AlgaEnergy
- 11.16.1 AlgaEnergy Corporation Information
- 11.16.2 AlgaEnergy Overview
- 11.16.3 AlgaEnergy Microalgae Sales, Price, Revenue and Gross Margin (2017-2022)
- 11.16.4 AlgaEnergy Microalgae Product Model Numbers, Pictures, Descriptions and Specifications
- 11.16.5 AlgaEnergy Recent Developments
- 11.17 Phycom
- 11.17.1 Phycom Corporation Information
- 11.17.2 Phycom Overview
- 11.17.3 Phycom Microalgae Sales, Price, Revenue and Gross Margin (2017-2022)
- 11.17.4 Phycom Microalgae Product Model Numbers, Pictures, Descriptions and Specifications
- 11.18 Necton
- 11.18.1 Necton Corporation Information
- 11.18.2 Necton Overview
- 11.18.3 Necton Microalgae Sales, Price, Revenue and Gross Margin (2017-2022)
- 11.18.4 Necton Microalgae Product Model Numbers, Pictures, Descriptions and Specifications
- 11.19 Chenghai Bao ER
- 11.19.1 Chenghai Bao ER Corporation Information
- 11.19.2 Chenghai Bao ER Overview
- 11.19.3 Chenghai Bao ER Microalgae Sales, Price, Revenue and Gross Margin (2017-2022)
- 11.19.4 Chenghai Bao ER Microalgae Product Model Numbers, Pictures, Descriptions and Specifications
- 11.20 Dongying Haifu Biological
- 11.20.1 Dongying Haifu Biological Corporation Information
- 11.20.2 Dongying Haifu Biological Overview
- 11.20.3 Dongying Haifu Biological Microalgae Sales, Price, Revenue and Gross Margin (2017-2022)
- 11.20.4 Dongying Haifu Biological Microalgae Product Model Numbers, Pictures, Descriptions and Specifications
12 INDUSTRY CHAIN AND SALES CHANNELS ANALYSIS
- 12.1 Microalgae Industry Chain Analysis
- 12.2 Microalgae Key Raw Materials
- 12.2.1 Key Raw Materials
- 12.2.2 Raw Materials Key Suppliers
- 12.3 Microalgae Production Mode & Process
- 12.4 Microalgae Sales and Marketing
- 12.5 Microalgae Customers
13 MICROALGAE MARKET DYNAMICS
- 13.1.1 Microalgae Industry Trends
- 13.1.2 Microalgae Market Drivers
- 13.1.3 Microalgae Market Challenges
- 13.1.4 Microalgae Market Restraints
14 KEY FINDINGS IN THE GLOBAL MICROALGAE STUDY
15 APPENDIX
- 15.1 Research Methodology
- 15.1.1 Methodology/Research Approach
- 15.1.2 Data Source
- 15.2 Author Details
- 15.3 Disclaimer