openPR Logo
Press release

Algae Market Blooms: Projected to Flourish and Surpass $29.8 Billion by 2030

03-12-2024 08:26 AM CET | Food & Beverage

Press release from: Meticulous Research®

Algae Market Blooms: Projected to Flourish and Surpass $29.8

Meticulous Research® Unveils Projections: Algae Market Set to Surpass $29.8 Billion by 2030

Meticulous Research®, a renowned global market research company, has released its latest research report titled "Algae Market by Type (Macroalgae/Seaweed {Red, Brown}, Microalgae {Spirulina, Chlorella, D. Salina}), Distribution Channel (B2B, B2C), Form (Dry, Liquid), Application (Nutraceuticals, Food & Beverages, Animal Feed, Cosmetics) - Global Forecast to 2030".

Download Free Sample Report Here : https://www.meticulousresearch.com/download-sample-report/cp_id=5424

According to this comprehensive report, the algae market is anticipated to achieve a remarkable CAGR of 9.3% from 2023 to 2030, ultimately reaching an impressive $29.8 billion by 2030. The growth trajectory of this market is propelled by various factors, including the increasing focus on health and wellness, the burgeoning dietary supplements sector, rising demand for natural food colors, surging interest in vegetarianism, expanding nutraceutical industry, a preference for algae-sourced products, and governmental initiatives fostering seaweed cultivation. Despite these positive trends, the market may face hindrances due to limited awareness regarding algae benefits and the intricate production processes associated with algae products.
This global algae market study spans historical market data values for 2021 and 2022, estimated current data for 2023, and forecasts for 2030. The segmentation encompasses macroalgae (red algae, brown algae, green algae) and microalgae (spirulina, chlorella, Dunaliella salina, Haematococcus pluvialis, and other microalgae), along with distribution channels (B2B, B2C), forms (dry form - algae powder, algae flakes, and other dried forms, liquid form), and applications (food & beverages, nutraceuticals, animal feed, cosmetics, and Others).

To gain more insights into the market with a detailed table of content and figures, click here https://www.meticulousresearch.com/product/algae-market-5424

The report assesses major geographies, providing an in-depth analysis of North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. Notably, Asia-Pacific is anticipated to dominate the global algae market in 2023, with significant contributions from local and regional players, government initiatives supporting algae cultivation, and the rising demand for organic food products.

Based on application, the algae market is mainly divided into food and beverages, nutraceuticals, cosmetics, animal feed, and others. The food and beverage segment is expected to account for the largest share of the global algae market in 2023, owing to the growing demand for organic foods products, increased consumption of plant proteins and vegan products, and increased utilization of algae for human consumption. Moreover, rapid population growth, increasing awareness of algae's health benefits, changes in lifestyle patterns and taste preferences among consumers, healthy eating habits, and rising disposable income are further expected to support the growth of this market.

Quick Buy: https://www.meticulousresearch.com/Checkout/48430334

The competitive landscape section highlights key strategic developments by industry leaders over the past 3-4 years. Key players in the global algae market include Fuqing King Dnarmsa Spirulina Co.Ltd., Earthrise Nutritionals, LLC, E.I.D. - Parry (India) Limited, Cyanotech Corporation, Seaweed & Co., Green Rise Agro Industries, Ocean Rainforest Sp/F, Inner Mongolia Rejuve Biotech Co., Ltd., Zhejiang Binmei Biotechnology Co., Ltd., Bluetec Naturals Co., Ltd., Taiwan Chlorella Manufacturing Company(TCMC), Sun Chlorella Corporation, Far East Algae Industries, Co., Ltd., Roquette Klötze GmbH & Co. KG, Gong Bih Enterprise Co., Ltd., Yaeyama Shokusan Co., Ltd., Vedan Biotechnology Corporation, AlgoSource, Tianjin Norland Biotech Co., Ltd., Phycom BV, AllAlgae Natural Products S.A., Duplaco B.V., Taiwan Wilson Enterprise Inc., Daesang Corporation, and Algalimento S.L.
This comprehensive report delves into the various facets of the algae market, providing valuable insights into its growth trajectory, market segments, and key factors influencing its development. The study encompasses a global forecast up to 2030, offering a thorough analysis of macroalgae and microalgae types, distribution channels, forms, and applications within the market.

Download Free Sample Report Here : https://www.meticulousresearch.com/download-sample-report/cp_id=5424

Contact Us:
Meticulous Research®
Email- sales@meticulousresearch.com
Contact Sales- +1-646-781-8004
Connect with us on LinkedIn- https://www.linkedin.com/company/meticulous-research

We are the trusted research partners for leading businesses around the world, providing market intelligence focused towards building revenue transformation strategies. Our research is used by Fortune 500 organizations to attain success by scouting next generation revenue opportunities well ahead of their competition.

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 Algae Market Blooms: Projected to Flourish and Surpass $29.8 Billion by 2030 here

News-ID: 3424227 • Views:

More Releases from Meticulous Research®

Autonomous AI and Autonomous Agents Market Poised for Massive Growth
Autonomous AI and Autonomous Agents Market Poised for Massive Growth
The global autonomous AI and autonomous agents market is witnessing exponential expansion, driven by rapid advancements in machine learning, deep learning, and artificial intelligence adoption across multiple industries. Valued at USD 7.91 billion in 2024, the market is projected to reach USD 11.5 billion in 2025 and surge to a staggering USD 477.8 billion by 2035, registering a CAGR of 45.2% during the forecast period. As industries increasingly look for ways
AI-Generated Fashion Market to Reach $75.9 Billion by 2035 | Meticulous Research
AI-Generated Fashion Market to Reach $75.9 Billion by 2035 | Meticulous Research
AI-Generated Fashion Market Overview The global AI-generated fashion market is experiencing explosive growth as artificial intelligence reshapes the way clothing, footwear, and accessories are designed, marketed, and consumed. The market was valued at USD 2.14 billion in 2024 and is expected to reach USD 2.91 billion in 2025. Looking further ahead, it is projected to skyrocket to nearly USD 75.9 billion by 2035, growing at a staggering CAGR of 38.6%. This
Enterprise Data Visualization Market Size, Share & Forecast 2035 | Meticulous Research
Enterprise Data Visualization Market Size, Share & Forecast 2035 | Meticulous Re …
Enterprise Data Visualization System Market Overview The global enterprise data visualization system market is on a remarkable growth path. Valued at USD 9.75 billion in 2024, it is expected to reach USD 11.13 billion in 2025 and surge to nearly USD 40.16 billion by 2035, expanding at a robust CAGR of 13.6% during the forecast period. This rapid growth highlights the increasing importance of data visualization as organizations strive to transform
Enterprise Generative AI Market to Witness Explosive Growth by 2035 | Meticulous Research
Enterprise Generative AI Market to Witness Explosive Growth by 2035 | Meticulous …
The enterprise generative AI market is entering a transformative era as businesses worldwide embrace artificial intelligence to drive innovation, enhance customer engagement, and optimize operations. Generative AI, which refers to algorithms and models capable of creating new content such as text, images, audio, and code, is no longer confined to research labs or niche applications. It has rapidly moved into mainstream enterprise use cases, reshaping industries like IT & telecom,

All 5 Releases


More Releases for Algae

Algae AI Scout - Portable Algae Classification Analyzer
Image: https://ecdn6.globalso.com/upload/p/1459/image_other/2025-08/algae-ai-scout-1.jpg Algal blooms pose a serious threat to aquatic ecosystems and public health, necessitating efficient monitoring methods. However, traditional optical microscopy methods face two major technical bottlenecks: first, inefficient manual sorting, which makes it difficult to rapidly process large quantities of samples in the field; and second, reliance on laboratory analysis, which prevents in-situ real-time monitoring and results in delayed early warning of sudden algal blooms. Portable algae analyzer Image: https://ecdn6.globalso.com/upload/p/1459/image_other/2025-08/algae-ai-scout-2.jpg The Portable
Algae, How It Spreads, and Algae Removal With Simple Softwash
Biloxi, MS - When most people think of algae, they think of bodies of water. For example, algae is abundant in oceans, rivers, creeks, and other similar geographic structures. However, algae does not need to be submerged in water to grow. In fact, it has a tendency to grow on the exterior surfaces of properties, too. When this happens, it can quickly leave homeowners and business owners frustrated, wondering what
Algae Protein Market 2023 Strategic Assessment - DIC, Japan Algae, Parry Nutrace …
(United States) - Global Algae Protein Market research gives data of drive consolidations and securing procedures to grow market share and size for forecast period of 2023-2029. It further allows the industry leaders to penetrate deep into the marketing evaluation with the highest profitability. The research examines parent market trends, macroeconomic data, and controlling factors in depth, as well as Algae Protein market attractiveness by segment. The qualitative influence of
Algae Products Market by Type (Spirulina, Chlorella, Astaxanthin, Beta Carotene, …
Algae Products Market The global Algae products market was valued at USD 2,276.0 Million in 2020, and is projected to reach USD 4286.8 Million by 2031, growing at a CAGR of 4.88% from 2022 to 2031. Full Report: https://reports.valuates.com/market-reports/ALLI-Auto-4F298/algae-products Algae Products Market Trends Due to increase in demand for natural products and proactive efforts by market players to formulate algae-based consumable products to meet quality, texture, and nutritional demands of consumers. Earlier, algae was
2022 Biotechnology Algae Cultivation (Micro Algae) Market | Detailed Report
The research reports on “Biotechnology Algae Cultivation (Micro Algae) Market” report gives detailed overview of factors that affect global business scope. Biotechnology Algae Cultivation (Micro Algae) Market report shows the latest market insights with upcoming trends and breakdowns of products and services. This report provides statistics on the market situation, size, regions and growth factors. An exclusive data offered in this report is collected by research and industry experts team. Download
Algae Market - Algae as living biocatalysts for a green industry
Algae are photosynthetic eukaryotic organisms that grow in aquatic climates and use light and carbon dioxide (CO2) in order to create biomass. The market demand is continuously growing for macro algae and micro algae food, owing to the functional benefits beyond the traditional considerations of health and nutrition. Furthermore, algae has the ability to offer higher oil yield as compared to biofuel feedstock containing sorghum, corn Stover, beet, and corn.