Nannochloropsis Market is set to reach USD 14.7 billion by 2030, at a CAGR of 7.1%, North America led the Market with 29.35% market share | Major Players:- BlueBioTech Group, Reed Mariculture Inc., Necton S.A

Global Nannochloropsis Market reached USD 8.5 billion in 2022 and is expected to reach USD 14.7 billion by 2030, growing with a CAGR of 7.1% during the forecast period 2024-2031. Algal biomass can embody a huge range of algae species, which includes microalgae like nannochloropsis, as well as macroalgae like seaweed.

DataM Intelligence unveils its latest report on the "Nannochloropsis Market size 2025," offering an in-depth analysis of market trends, growth drivers, competitive landscape, and regional dynamics. The study covers market size in value and volume, CAGR forecasts, and emerging opportunities that can guide businesses in seizing growth potential and crafting winning strategies. Packed with data-driven insights on current developments and future trends, this report is essential for companies aiming to stay ahead in the competitive Market.

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United States: Key Industry Developments (2025)

✅ March 2025: A U.S. biotech firm launched a new sustainable omega‐3 supplement range derived from Nannochloropsis microalgae, targeting plant‐based and environmentally conscious consumers with improved bioavailability.

✅ July 2025: The AlgaeVita project was announced, focused on upscaling Nannochloropsis oceanica cultivation for food‐grade omega‐3 and vitamin D3 production, moving research toward commercial operations.

✅ February 2025: New research findings published by an international team (including U.S. collaborators) highlighted how optimized cultivation conditions (light and temperature) can significantly increase biomass yield and nutrient content, supporting scale‐up efforts.

Japan: Key Industry Developments (2025)

✅ August 2025: Phytolipid Technologies raised 220 million yen to establish a Nannochloropsis‐based oil production facility in the Seto Inland Sea region, aiming to produce EPA‐rich oils and proteins for food manufacturers.

✅ March 2025: Algal Bio acquired management rights of EBIS Algae Research Institute, integrating EPA‐rich Nannochloropsis production with its microalgae bio‐foundry platform to accelerate commercial feed and nutraceutical product development.

📌 Nannochloropsis Market 2025-26 M&A Deals

→ In March 2025, Algal Bio (Japan) acquired the management rights of EBIS Algae Research Institute, a Japan‐based producer of Nannochloropsis microalgae, to integrate EPA‐rich Nannochloropsis into its microalgae business and scale commercialization from R&D to production. This acquisition aims to strengthen Algal Bio's position in the global microalgae market by combining its bio‐foundry platform with EBIS's production infrastructure.

→ In August 2025, Algal Bio entered a strategic research partnership with BLCP Power (Thailand) on joint CO2 fixation and microalgae cultivation demonstration projects. While not an acquisition, this collaboration supports cultivation and sustainability innovations for Nannochloropsis systems in industrial applications.

Why the Nannochloropsis Market is growing?

One of the most compelling drivers is the growing consumer demand for plant‐based, sustainable sources of omega‐3 fatty acids, especially EPA. Unlike traditional fish oil, Nannochloropsis produces pure EPA with minimal environmental risk, making it highly attractive to health‐conscious and vegan consumers.

Core driver: Nannochloropsis's rich profile of proteins, lipids, and essential fatty acids makes it a superior candidate for feed formulations that improve fish health, growth rates, and pigmentation.

Market traction: In some reports, aquafeed applications accounted for 70%+ of market share by volume.

Governments and private sectors are increasing investments in algae‐based biofuels to reduce carbon footprint and move toward cleaner energy portfolios.

While still early in commercialization, this segment represents a strategic long‐term growth engine, especially for facilities co‐producing fuel and high‐value biochemicals.

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Nannochloropsis Market Major Players:-

BlueBioTech Group, Reed Mariculture Inc., Necton S.A., Astaxa GmbH, Proviron Industries NV, Allmicroalgae Natural Products S.A., Algatechnologies Ltd., Monzón Biotech S.L., AlgaSpring B.V., and Archimede Ricerche Srl.

Key players highlights:-

BlueBioTech Group - A Germany‐based marine biotechnology company focused on high‐quality Nannochloropsis biomass for aquaculture and nutraceuticals. It is considered a leading supplier in Europe's fast‐growing algae market.

Reed Mariculture Inc. - U.S.‐based pioneer in commercial Nannochloropsis production, especially for aquaculture feed applications since the 1990s. The company holds a strong position in North America's microalgae supply chain.

Necton S.A. - Portuguese microalgae producer with expertise in cultivating Nannochloropsis for aquaculture and bioproduct extraction. Necton is a key regional player in the Europe and Atlantic markets.

Astaxa GmbH - German biotech firm specializing in algae cultivation and high‐value compounds including Nannochloropsis cultures. It's recognized for its R&D and product quality in the EU market.

Proviron Industries NV - Belgium‐based company active in microalgae production, including Nannochloropsis biomass for omega‐3 and feed applications. It ranks among the top global suppliers shaping industry standards

Nannochloropsis Market Regional Highlights

North America
• 29.35% share of the global Nannochloropsis market, led by strong demand for dietary supplements, aquaculture feeds, and advanced biotech infrastructure.
• Mature market driven by high consumer awareness of omega‐3 benefits and robust R&D/commercialization systems.
• Steady growth supported by supportive regulations and ongoing cultivation technology improvements.

Europe
• 28.24% share of the global market, often the largest regional share due to aquaculture and nutraceutical demand.
• Rapid market expansion fueled by sustainable practices, strong environmental regulation, and functional food trends.
• High CAGR outlook as bioscience innovation and consumer health focus continue to strengthen the region's position.

Asia Pacific
• 35.46% share and often the fastest‐growing region thanks to expanding aquaculture, nutrition, and bioenergy applications.
• Growth propelled by China, India, Japan with rising disposable income and demand for sustainable food/feed solutions.
• Strong CAGR driven by government initiatives, climatic advantages for cultivation, and rising health‐awareness.

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Nannochloropsis Market segmentation :

The Global Nannochloropsis Market is segmented by form, including frozen, liquid, powder, and fresh pastes, catering to diverse industry needs and processing preferences. In terms of cultivation methods, the market is divided into open pond cultivation, photobioreactor cultivation, closed system cultivation, and others, reflecting the varying technological approaches to optimizing yield and quality. By application, Nannochloropsis is utilized in aquafeed, nutraceuticals and dietary supplements, cosmetics and personal care, and other industries, highlighting its versatility and health-focused benefits. Geographically, the market spans North America, Europe, South America, Asia Pacific, the Middle East, and Africa, offering region-specific growth opportunities driven by demand, technological adoption, and regulatory trends.

Nannochloropsis Market - FAQs

1. How big is the Global Nannochloropsis Market ?
Global Nannochloropsis Market reached USD 8.5 billion in 2022 and is expected to reach USD 14.7 billion by 2030

Q: Which applications and segments dominate the Nannochloropsis Market?
A: Aquafeed applications lead value share (73%), with frozen form commanding the largest segment due to high EPA content.

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