Press release
Algae Based Ingredients Market 2024 Opportunity Assessment, Size, Growth Rate And Forecast To 2033
Algae Based Ingredients Market
As per the report, the algae based ingredients market size has grown strongly in recent years. It will grow from $3.77 billion in 2023 to $4.04 billion in 2024 at a compound annual growth rate (CAGR) of 7.1%. The algae based ingredients market size is expected to see strong growth in the next few years. It will grow to $5.34 billion in 2028 at a compound annual growth rate (CAGR) of 7.3%.
Download Free Sample Report @ https://www.thebusinessresearchcompany.com/sample.aspx?id=12878&type=smp
Rising Demand For Functional Foods Powers Growth Of Algae-Based Ingredient Market
The growing consumption of functional foods is expected to propel the growth of the algae-based ingredient market. Functional foods are a category of food that goes beyond essential nutrition and provides additional health benefits. Algae-based ingredients in functional foods are used for their high content of essential nutrients, including omega-3 fatty acids, antioxidants, vitamins and minerals, which can support overall health and well-being. For instance, in February 2022, according to the report published by Agriculture and Agri-Food Canada, a department of the Government of Canada, the retail sales value of fortified or functional foods and beverages in the United States increased to $68.9 billion in 2021, compared to $67.9 billion in 2020. In addition, they are projected to reach $79.1 billion in 2025, up 3.5% compared to 2021. Therefore, the growing consumption of nutraceuticals and functional foods will drive the growth of the algae-based ingredient market.
Algae-Based Ingredients Innovation With Natural And Sustainable Cosmetics Products
Major companies operating in the algae-based ingredient market focus on natural and sustainable cosmetic products by incorporating algae extracts into formulations to enhance their natural appeal and sustain their position in the market. Natural and sustainable cosmetics are cosmetic products derived from natural materials and produced using environmentally friendly methods. For instance, in April 2023, Upwell Cosmetics Inc., a US-based cosmetics company, launched an innovative algae-derived cosmetic wax as a sustainable and renewable alternative to petroleum-based wax for cosmetic and personal beauty care products. This versatile and sustainably sourced ingredient can be used in lipsticks, sunscreens and hair care products. This innovative ingredient meets the growing consumer demand for environmentally friendly components in product options.
The algae based ingredients market covered in this report is segmented -
1) By Ingredients: Carrageenan: Alginates; Algae Protein; Beta Carotene; Algae Oil; Agar; Other Ingredients
2) By Source: Red Algae; Green Algae; Brown Algae; Other Sources
3) By Form: Liquid; Dry
4) By Application: Food And Beverages; Personal Care; Nutraceuticals; Pharmaceuticals; Animal Feed; Other Applications
Buy Now & Get Exclusive Discount on this Report, Checkout link @
https://www.thebusinessresearchcompany.com/Discount?id=12878&type=discount
Major players in the algae based ingredients market are Cargill Inc., Corbion N.V., CP Kelco U.S. Inc., Bioriginal Food & Science Corp., Cynotech Corporation, Algenol Biofuels Inc., Earthrise Nutritionals LLC, Algenol Biotech, Provectus Algae, Hispanagar SA, TerraVia Holdings Inc., AEP Colloids Inc., Algae Systems LLC, AlgaEnergy S.A., AlgaeCan Biotech Ltd., Algatechnologies Ltd., Algaetech International Sdn Bhd, Henan Gino Biotechnology Co. Ltd., Manta Biofuel LLC, B&V srl, Taiwan Chlorella Manufacturing Company Limited, LUS Health Ingredients B.V., Roquette Klötze GmbH & Co. KG, Triton Algae Innovations Ltd., AlgaeCytes Ltd., Sophie's Bionutrients Pte. Ltd., AgarGel Industria e Comercio Ltda.
Contents of the report:
1. Executive Summary
2. Algae Based Ingredients Market Report Structure
3. Algae Based Ingredients Market Trends And Strategies
4. Algae Based Ingredients Market - Macro Economic Scenario
5. Algae Based Ingredients Market Size And Growth
…..
27. Algae Based Ingredients Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
Explore the report store to make a direct purchase of the report @ https://www.thebusinessresearchcompany.com/report/algae-based-ingredients-global-market-report
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
Learn More About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.
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 Based Ingredients Market 2024 Opportunity Assessment, Size, Growth Rate And Forecast To 2033 here
News-ID: 3618494 • Views: …
More Releases from The Business Research Company
Company Registration Service Market Landscape 2025: Forecast Data and Growth Str …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Company Registration Service Market Through 2025?
The market size for company registration services has seen robust growth in the recent past. The market is projected to expand from $10.67 billion in 2024 to $11.55 billion in 2025, exhibiting a compound annual growth…
Comprehensive 2025 Commercial Toilet Partition Market Overview: Trends, Forecast …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Commercial Toilet Partition Market Through 2025?
In recent years, the market size for commercial toilet partitions has significantly expanded. The forecast predicts a rise from $1.82 billion in 2024 to $1.95 billion in 2025, with a compound annual growth rate (CAGR) of…
Key Trends Influencing the Growth of the Commercial Insurance For Small And Medi …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Commercial Insurance For Small And Medium-Sized Enterprises (SMEs) Market Through 2025?
The market size of commercial insurance for small and medium-sized enterprises (SMEs) has seen substantial growth over the recent years. A rise from $111.83 billion in 2024 to $119.76 billion in…
Growing Focus On Reducing Greenhouse Gas Emissions Driving The Market Growth Due …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Combustion Emissions Analyzer Market Through 2025?
In the past few years, the market size for combustion emissions analyzer has seen robust growth. It is projected to increase from $1.02 billion in 2024 to $1.09 billion in 2025, with a compound annual growth…
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.…
