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Global Microalgae Market Outlook 2022 | Valuates Reports
The global Microalgae market was valued at US$ 2597 million in 2020 and is expected to reach US$ 3867.3 million by the end of 2027, growing at a CAGR of 5.8% during 2021-2027.
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Microalgae Market Share
China is the largest market with about 49% market share. North America is follower, accounting for about 24% market share.
The key players are DIC Corporation, Cyanotech Corporation, Algaetech Group, TAAU Australia, Fuqing King Dnarmsa Spirulina, Shengbada Biology, Green A, Dongtai City Spirulina Bio-engineering, Alltech, Parry Nutraceuticals, BlueBioTech, Roquette Klötze, ALLMA, Cyane, Archimede Ricerche, AlgaEnergy, Phycom, Necton etc. Top 3 companies occupied about 35% market share.
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By Type
• Spirulina
• Chlorella
• Dunaliella
• Amphora
• Others
By Application
• Food
• Feed
• Pharmaceuticals
• Biofuels
• Others
By Company
• DIC Corporation
• Cyanotech Corporation
• Algaetech Group
• TAAU Australia
• Fuqing King Dnarmsa Spirulina
• Shengbada Biology
• Green A
• Dongtai City Spirulina Bio-engineering
• Alltech
• Parry Nutraceuticals
• BlueBioTech
• Roquette Klötze
• ALLMA
• Cyane
• Archimede Ricerche
• AlgaEnergy
• Phycom
• Necton
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