Press release
Microalgae-based Products Market Growth with Worldwide Industry Analysis to 2030
The global microalgae-based products market was valued at US$ 1.8 Bn in 2019 and is anticipated to expand at a CAGR of ~5% during the forecast period. Rise in usage of microalgae-based products in food and nutraceutical & dietary supplements applications is expected to drive the microalgae-based products market in the near future. Europe is anticipated to account for a major share of the global microalgae-based products market during the forecast period.Request Brochure:
https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=54039
Microalgae-based Products Market: Introduction
The global microalgae-based products market was valued at US$ 1.8 Bn in 2019 and is anticipated to expand at a CAGR of ~5% during the forecast period. Rise in usage of microalgae-based products in food and nutraceutical & dietary supplements applications is expected to drive the microalgae-based products market in the near future. Europe is anticipated to account for a major share of the global microalgae-based products market during the forecast period. Rise in demand for microalgae-based products in various applications such as food & beverages, animal feed, pharmaceuticals, nutraceuticals, and biofuel in Europe is driving the microalgae-based products market in the region.
More Trending Reports by TMR:
https://www.prnewswire.com/news-releases/implementation-of-new-vehicular-emission-regulations-shape-contours-of-lubricant-additives-market-valuation-to-reach-us-18-bn-by-2027-tmr-301113895.html
Key Drivers of Microalgae-based Products Market
The global demand for microalgae-based products is anticipated to increase significantly over the next few years. Commercialization of microalgae-based products and consistent capacity additions by key manufacturers across the globe are projected to positively affect the prices of products. Various countries across the globe are adopting the strategy for developing bio-economy. The adoption of bio-economy is based on the increase in usage of sustainable biological resources to meet the rising demand for food and energy. In this context, microalgae is used as an emerging biological resource for its potential applications in different fields, including food, animal feed, biofuel, and other industrial applications. This is estimated to boost the microalgae-based products market in the near future.
REQUEST FOR COVID19 IMPACT ANALYSIS:
https://www.transparencymarketresearch.com/sample/sample.php?flag=covid19&rep_id=54039
Spirulina to Offer Growth Opportunities to Microalgae-Based Products Market
Spirulina is a type of microalgae that can be consumed as dietary supplement or feed, owing to its excellent nutritional value and health benefits. It serves as a significant choice for human consumption due to its high protein and vitamin content. Spirulina also possesses strong anti-inflammatory and antioxidant properties. Spirulina is used as protein supplement and health food. Therefore, it has gained popularity in the human nutraceutical industry in various developing and underdeveloped regions such as India and Africa, wherein malnutrition is prevalent. The rise in demand for cyanobacteria due to their contribution in weight reduction; and increase in number of health clubs and fitness centers are projected to boost the spirulina segment in the next few years.
Government Regulations on Food Safety and High Cost of Production to Hamper Market
Difficulties in attaining commercial authorization of algae-derived products in regional markets, due to the presence of stringent regulations, is a key factor that is likely to hamper the global microalgae-based products market. Unstable climate conditions in different countries is also a prominent factor anticipated to restrain the global microalgae-based product market during the forecast period.
Transparency Market Research
State Tower,
90 State Street,
Suite 700,
Albany NY - 12207
United States
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com
Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and technique in developing distinctive data sets and research material for business reports.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Microalgae-based Products Market Growth with Worldwide Industry Analysis to 2030 here
News-ID: 2185104 • Views: …
More Releases from Transparency Market Research
Global SiC Ceramics Market Poised for Robust Growth, Projected to Reach USD 3.1 …
The global silicon carbide (SiC) ceramics market continues to demonstrate strong growth potential, underpinned by accelerating demand from advanced industrial and electronic applications. Valued at US$ 1.8 Billion in 2024, the market is projected to reach US$ 3.1 Billion by 2035, expanding at a compound annual growth rate (CAGR) of 5.2% during the forecast period from 2025 to 2035. This steady expansion reflects the increasing importance of SiC ceramics as…
Furfuryl Alcohol Market to Reach USD 1.34 Billion by 2035, Supported by Rising D …
The global Furfuryl Alcohol Market was valued at US$ 624.3 million in 2024 and is projected to reach US$ 1,341.2 million by 2035, expanding at a compound annual growth rate (CAGR) of 7.2% from 2025 to 2035.
This growth is primarily driven by the rising demand for bio-based and sustainable chemicals, along with the steady expansion of the foundry and metal casting industry, particularly across emerging economies in Asia Pacific.
Gain a…
Air-Entraining Agents Market Outlook 2035: Forecast to Reach US$ 2.48 Billion by …
The global Air-Entraining Agents (AEAs) Market was valued at US$ 1.70 billion in 2024 and is projected to reach US$ 2.48 billion by 2035, expanding at a compound annual growth rate (CAGR) of 3.5% from 2025 to 2035. This steady growth trajectory reflects the essential role AEAs play in modern concrete formulations, particularly in infrastructure projects that demand long-term durability, freeze-thaw resistance, and improved workability.
Despite being a mature segment within…
A2P SMS Market Outlook 2035: Expanding from US$ 71.2 Bn in 2024 to US$ 117.0 Bn …
The global Application-to-Person (A2P) SMS market is entering a phase of steady and resilient expansion, driven by the growing need for secure, reliable, and real-time communication between enterprises and consumers. Valued at US$ 71.2 Bn in 2024, the market is projected to reach US$ 117.0 Bn by 2035, expanding at a CAGR of 4.2% from 2025 to 2035. Despite the rise of internet-based messaging platforms, A2P SMS continues to maintain…
More Releases for Spirulina
Global Spirulina Industry Size, Growth, Investment 2025-2032 | NOW Foods, Prolga …
Spirulina Market Size reached US$ 640.56 million in 2024 and is expected to reach US$ 1,205.98 million by 2032, growing with a CAGR of 8.23% during the forecast period 2025-2032.
The Spirulina Market Report by DataM Intelligence delivers comprehensive insights into key market trends, growth drivers, and emerging challenges. With a focus on providing actionable intelligence, DataM Intelligence enables businesses to make informed strategic decisions and maintain a competitive edge. Leveraging…
Spirulina Market Unlocking Value: Industry Insights and Spirulina Market Trends …
In recent years, the Spirulina Market has witnessed a dynamic shift, influenced by changing consumer preferences, technological advancements, and a growing emphasis on sustainability. The Research report on Spirulina Market presents a complete judgment of the market through strategic insights on future trends, growth factors, supplier landscape, demand landscape, Y-o-Y growth rate, CAGR, pricing analysis. It also provides and a lot of business matrices including Porters Five Forces Analysis, PESTLE…
Organic Spirulina Market Industry Analysis, Growth Forecast 2023 to 2030 | Cyano …
Infinitybusinessinsights.com Shared the report "Organic Spirulina Market" which is Analysed based on various regions such as North America, Europe, Asia-Pacific & LAMEA, including different countries in each region. The report will assist reader with better understanding and decision making.
In 2022, the size of the worldwide Organic Spirulina Market was estimated to be worth USD 305 million. The market is projected to continue expanding between 2023 and 2030, with a compound…
Organic Spirulina Market : Comprehensive Analysis of Latest Research| Key Player …
Global Organic Spirulina Market Overview:
The Organic Spirulina market is a broad category that includes a wide range of products and services related to various industries. This market comprises companies that operate in areas such as consumer goods, technology, healthcare, and finance, among others.
In recent years, the Organic Spirulina market has experienced significant growth, driven by factors such as increasing consumer demand, technological advancements, and globalization. This growth has created both…
Spirulina Market Key Players: Kapiva, Gandalf Spirulina, Vitality Products Inc., …
A fresh report titled “Spirulina Market - By Type (Arthrospira Platensis, Arthrospira Maxima), By Application (Cosmetics, Nutraceuticals, Food & Beverage, Animal Feed, Others), By Form (Capsules, Powder and Others) By Distribution Channel (Online Stores and Offline Stores) & Global Region - Market Size, Trends, Opportunity, Forecast 2018-2024” has been presented Fast.MR. It evaluates the key market trends, advantages, and factors that are pushing the overall growth of the market. The…
Spirulina Market Dynamics-New applications of Spirulina will create a robust dem …
Growing awareness about nutritional benefits of spirulina serves as a key driver for the market’s growth. Scientifically proven, spirulina contains the highest amount of proteins found in any naturally-cultivated food ingredient in the world. In the years to come, spirulina will continue to be in great demand across several regions in the world. Persistence Market Research’s report, titled “Spirulina Market: Global Industry Analysis and Forecast, 2016-2026,” projects that North America…
