Algae Extract Market
Algae Extract Market Analysis based on Algae Type (Red Algae, Green Algae, Brown Algae), By Form (Powder, Liquid), By End-use and By Region - Global Market Insights 2023 to 2033
Analysis of Algae Extract Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Algae Extract Market Outlook (2023 to 2033)
The market for algae extracts is anticipated to reach an estimated value of US$ 4,100.1 Million in 2023, growing by 4.0% year over year during the preceding period. By 2033, sales of chicken offal are expected to reach a value of US$ 6,034.3 Million and grow at a CAGR of 3.9%.
Key Trends Listed by Fact.MR :
- Algae Extract as a source of antibiotics, anti-inflammatory and anti-viral compounds
- Advancements in Biotechnology and Extraction Techniques
- Emergence of Algae Extract-based Functional Foods
- Increasing application of Algae Extract in Nutraceuticals
- Adoption of Algae Extracts in Personal Care Products
- Rising Use of Algae Extracts in Natural Flavors and Fragrances
- Algae Extracts for Carbon Capture and Climate Change Mitigation
- Increasing the use of Seaweed (a type of Brown Algae) in the feeding of Ruminants
- Blue-Green Algae Extract as a source of Essential Nutrients for Crop Growth
- Rising Use of Algae Extract as a Source of Plant-based Protein in Pet Food
Algae extract is prepared from the seaweed classes such as red algae, blue-green algae, brown algae, and green algae. Every class contains molecules that improve skin benefits such as amino acids, omega-3 fatty acids, and vitamins A, B, C, and E. Algae extracts in skincare are used for hydration and collagen care. One of the factors boosting the algae extract market is customers' growing awareness of health and fitness.
The market for algae extracts is also having a big impact on the agricultural industry. Algal extracts have been shown to improve soil fertility, promote agricultural output, and offer organic substitutes for artificial pesticides and fertilizers. As nutrient-rich feeds for ruminants and fish, they also help sustainable aquaculture and animal husbandry by lowering reliance on conventional feed sources.
| Attributes | Key Insights |
|---|---|
| Estimated Global Algae Extract Market Size (2023E) | US$ 4,100.1 million |
| Projected Algae Extract Market Value (2033F) | US$ 6,034.3 million |
| Value-based CAGR (2023 to 2033) | 3.9% |
| Top 3 Countries’ Value | US$ 1,053.9 million |
Don't Need a Global Report?
save 40%! on Country & Region specific reports
2018 to 2022 Global Algae Extract Sales Outlook Compared to Demand Forecast from 2023 to 2033
According to the Fact.MR analysis, sales of algal extract increased globally between 2018 and 2022 at a CAGR of 3.5%. The global market for algae extract is estimated to grow at a moderate CAGR of 3.9% over the next ten years.
In the future years, the market for algal extract will experience significant growth due to the increased concerns regarding health among the younger population. The component is increasingly crucial to the manufacturing of pharmaceutical, nutraceutical, and personal care goods.
The agriculture industry has recognized the potential of algae extracts in improving crop yield, soil health, and sustainable farming practices. Algae extracts offer natural solutions for plant growth stimulation, pest control, and soil conditioning, reducing the reliance on chemical inputs.
Adjacent Markets Overview :
Algae Proteins Market :
| Attributes | Algae Proteins Market |
|---|---|
| CAGR (2023 to 2033) | 5.5% |
| Market Value (2033) | US$ 1,351.5 million |
| Growth Factor | Numerous health advantages of microalgae protein include its capacity to boost nutritional intake and strengthen the immune system. Microalgae protein's numerous health advantages raise the prospect of its use in the nutraceutical industry. |
| Opportunity | Accelerating demand for nutrition-rich food products and high consumption of protein supplements. |
| Key Trends | Escalating traction for algal peptides in recent years to treat patients with metabolic disorders, especially the aging population. |
Algae Products Market :
| Attributes | Algae Products Market |
|---|---|
| CAGR (2023 to 2033) | 5.4% |
| Market Value (2033) | ~US$ 9.15 billion |
| Growth Factor | Other growth factors that are favorably influencing the global market for algae products include the high demand from the pharmaceutical industry, the growing need for feed and food supplements, and the increase in the global population. |
| Opportunity | Recent market growth has been impacted by the growing usage of algae in the pharmaceutical and nutraceutical industries. It is projected that the growing use of algal biomass for nutraceutical applications would open up a profitable new revenue stream for algae product makers. |
| Key Trends | According to estimations, the market for algal products is being driven by consumers' changing dietary preferences and a paradigm shift toward preventative health management measures in response to rising healthcare costs and the growing burden of lifestyle-related disorders. |
Algae Oil Market :
| Attributes | Algae Oil Market |
|---|---|
| CAGR (2023 to 2033) | 4.7% |
| Market Value (2033) | US$ 3.1 billion |
| Growth Factor | Several health benefits are associated with algae oil, which includes high proteins, phycocyanin, and antioxidants in addition to DHA and Omega 3. This is the factor driving the demand in the global algae oil market. |
| Opportunity | Demand for functional food products with high nutritional content is expected to surge over the next decade. Though, producers selling algal oil are likely to benefit from the growing food innovations, geriatric population, and medical breakthroughs. |
| Key Trends | The adaptability of natural products and the related health advantages is one of the primary factors improving the growth of natural products and, as a result, the algae oil market. |
More Insights, Lesser Cost (-50% off)
Insights on import/export production,
pricing analysis, and more – Only @ Fact.MR
Country-wise Insights :
North America - CAGR
| Country | CAGR (%) |
|---|---|
| United States | 6.4% |
Europe - CAGR
| Country | CAGR (%) |
|---|---|
| Germany | 5.5% |
Asia Pacific - CAGR
| Country | CAGR (%) |
|---|---|
| India | 6.1% |
| Japan | 4.3% |
| Australia | 4.0% |
North America - BPS Analysis
| Country | BPS Analysis |
|---|---|
| United States | -72 |
Europe - BPS Analysis
| Country | BPS Analysis |
|---|---|
| Germany | 56 |
Asia Pacific - BPS Analysis
| Country | BPS Analysis |
|---|---|
| India | 45 |
| Japan |
74 |
| Australia | 85 |
North America - Market Value (2033)
| Country | Market Value (2033) |
|---|---|
| United States | US$ 1,780.03 million |
Europe - Market Value (2033)
| Country | Market Value (2033) |
|---|---|
| Germany | US$ 675.8 million |
Asia Pacific - Market Value (2033)
| Country | Market Value (2033) |
|---|---|
| India | US$ 571.2 million |
| Japan |
US$ 820.6 million |
| Australia | US$ 96.5 million |
Will the U.S. Retain its Dominance in the North America Algae Extract Market?
Sustainable Development of Algal Biofuels is Driving Up Algae Extract Sales in the U.S.
As per Fact.MR, it is anticipated that the US Algae Extract market would be valued roughly at US$ 1,780.03 million. As a result, it will command a sizable market share of 24.5% in the North American market by 2033
Algal biofuels are becoming more popular as a domestic source of renewable fuel. However, scaling up the production of algal biofuels to even just 5% of the country's transportation fuel requirements with existing technology might lead to unsustainable demands on energy, water, and nutrient resources.
The demand for algae extract has been propelled by the development of technologies and processes for efficient algae cultivation and lipid extraction. Bioreactor, culture system, and cultivation strategy innovations have increased the productivity and scalability of algal biofuel production. However, advances in extraction technologies have allowed for the extraction of a variety of useful components from algae, including lipids, for biofuel uses.
What is Demand Outlook in Germany’s Algae Extract Market?
Germany’s algae industry is a promising emerging sector of the EU Blue Bio-economy
According to Fact.MR analysis, expanding at a CAGR of 5.5%, the algae extract market in Germany is projected to increase from a market valuation of US$ 675.8 in 2023 to US$ 701.4 by 2033.
The EU Bio-economy Strategy intends to assist the long-term growth and development of bio-based industries in the EU while also providing jobs, innovation, and services. Despite the recognized potential of the algae biomass value chain, there are major knowledge gaps regarding the size, capability, organization, and structure of algae production in Europe.
As per the study, 447 algae production units currently exist in Europe. A variety of species, production methods, and commercial applications have been identified throughout European countries. Upscaling of the production volumes and technological and market developments are key drivers to boost the growth of the sector in Europe.
Europe benefits from its extensive coastline, rich marine ecosystems, and abundant freshwater resources, providing an ideal environment for algae cultivation. This availability of coastal and marine resources offers significant opportunities for sustainable algae production, whether through open pond systems, photo-bioreactors, or offshore installations. Algae cultivation not only helps meet the demand for bio-based products but also supports environmental sustainability by utilizing excess nutrients and CO2, thereby reducing eutrophication and greenhouse gas emissions.
The European Union has recognized the potential of algae in the blue bio-economy and has implemented supportive policies and funding programs. These initiatives encourage research, innovation, and business development in the algae industry. Programs such as European Maritime and Fisheries Fund (EMFF) provide financial support and resources to stimulate the growth of algae-related projects, technological advancements, and market entry.
How is the Japan Algae Extract Market Shaping?
Rising Applications of Euglena spp. driving the Japan Algae Extract Market
Algae Extract demand in Japan is anticipated to rise at a CAGR of 4.3% during the forecast period from 2023 to 2033. By the end of 2033, Japan is likely to hold a market share of 13.6% in the East Asia market.
The Japan algae extract market is experiencing significant growth, driven by the variety of applications of Euglena, a unique microalga. Euglena is a single-celled organism that has attracted attention for its potential in various industries, including food and beverages, cosmetics, healthcare, and renewable energy.
The nutritional value of Euglena is one of the primary elements driving the growth of the Japan algae extract market. In Japan, the cosmetics industry has embraced Euglena extract for its skincare qualities. Euglena extracts contain moisturizing, anti-aging, and anti-inflammatory properties, making them popular cosmetic components. The natural and sustainable qualities of Euglena-based skincare products are gaining popularity, matching the rising consumer preference for clean and green beauty products.
Category-wise Insights :
Why Red Algae Type is Preferred the Most for the Extraction?
Biological properties and potential of compounds extracted from Red Algae
Based on algae type, demand is expected to remain high for red algae extract during the assessment period. As per Fact.MR, with a market share of around 34%, the red algae extract segment is projected to reach a valuation of US$ 2232.5 million in 2033.
As per the research study conducted, the large group of seaweeds, consist of approximately 6,000 different species. Red algae are smaller compared to green and brown algae in terms of biological characteristics and are typically found in equatorial regions, including intertidal areas and beyond. These algae are classified based on their color and contain a distinct combination of pigments, such as chlorophyll 'a' and 'd', carotenoids, and phycobiliproteins.
People can consume red algae because it is so nutrient-rich. They are recognized for containing high quantities of protein, minerals, and carbohydrates. According to the Food and Agriculture Organization (FAO), red macroalgae production increased to over 9 million wet tons over the previous ten years, or 47% of all cultivated seaweed production.
Why Food and Beverages Are Dominating the End-Use Segment?
Rising applications of algae extract in Dietary Supplements and Food Ingredients
Within End-use, the Food and Beverages segment is estimated to dominate with a market share of 21.5% to reach a market valuation of US$ 1,297.31 Mn over the forecast period.
Algae are rapidly gaining recognition as "superfoods" in the culinary world since they are employed as main components, flavorings, and natural colors in various kinds of food and beverages. Certain algae strains offer certain benefits that could significantly raise the caliber of food additives and nutritional supplements. These extracts could be used as potential ingredients in veggie smoothies, dry mixes, protein replacements, fruit/vegetable blends, protein bars, and a variety of other foods and beverages since they include distinctive combinations of protein, fiber, minerals, and non-starch polysaccharides.
Consumer preference is growing for food production methods that use fewer antibiotics, hormones, and GMOs. When combined as a dry powder with other ingredients or excipients to create a finished product, new strains of freshwater algae that have never been used for human or animal consumption are being researched for their potential to support a healthy immune system and provide an ideal plant-based source of protein.
Which form of Algae Extract is used the most?
Sales of Powder Form Algae Extract are Gaining Traction
The sales of powder-form algae extract are gaining traction due to several factors that make it a desirable product in various industries. Powder-form algae extract refers to the dried and powdered form of algae, typically obtained from microalgae or seaweed. This form of algae extract offers several advantages, driving its increasing popularity and sales.
The algal extract is versatile and simple to include in many products in powder form. Additionally, compared to its liquid form, algal extract in powder form has a longer shelf life. Algae extract is dried to remove moisture, which preserves the extract's purity and inhibits microbiological growth.
Know thy Competitors
Competitive landscape highlights only certain players
Complete list available upon request
Competitive Landscape :
In the food industry, several prominent companies focus on the production and commercialization of food based on macroalgal biomass and derived products. Producers are focusing on improving strain selection, biomass production, cell disruption, and drying technologies, as well as reducing production costs.
As the demand for algae extract increases, companies are expanding their production capacities and distribution networks to cater to a wider customer base. Companies differentiate themselves by highlighting the unique properties and benefits of their algae extracts, targeting specific market segments.
For instance, in Spain, several companies are producing algae biomass including AgriAlgae®, AlgaeEnergy, Green Sea Bio System One, Algamoil Iberica S.L (Madrid, Spain), etc.
Scope of the Report :
| Attribute | Details |
|---|---|
| Market Size Value in 2023 | US$ 4,100.1 million |
| Market Forecast Value in 2033 | US$ 6,034.3 million |
| Anticipated Growth Rate (2023 to 2033) | 3.9% CAGR |
| Forecast Period | 2023 to 2033 |
| Historical Data Available for | 2018 to 2022 |
| Market Analysis | Volume (MT) and Value (US$ Million) |
| Key Regions Covered | North America; Latin America; Europe; East Asia; South Asia; Oceania; Middle East & Africa |
| Key Countries Covered | Canada, United States, Mexico, Brazil, Chile, Peru, Argentina, Germany, France, Italy, Spain, United Kingdom, Netherlands, Belgium, Nordic, Russia, Poland, China, Japan, South Korea, India, Thailand, Malaysia, Indonesia, Singapore, Australia, New Zealand, GCC Countries, South Africa, Central Africa, Others |
| Key Market Segments Covered | Algae Type, End Use, Form, Regions |
| Key Companies Profiled | Solazyme; Corbion; Cyanotech; Algix; DIC Corporation; Algatechnologies; Allmicroalgae; Cellana; Phytoalgae; Algaia; Algea; Texas A&M AgriLife Research; Arizona Algae Products; Blue Evolution; Biogreen Syngery; Aliga microalgae; Algarithm Ingredients; Algafeed |
Algae Extract Market by Category :
-
By Algae Type :
- Red Algae
- Green Algae
- Brown Algae
-
By End-use :
- Food and Beverages
- Health and Medical Sector
- Animal Feed Sector
- Pet Food Sector
- Cosmetics and Personal Care Sector
- Fertilizers Sector
-
By Form :
- Powder
- Liquid
-
By Region :
- North America
- Latin America
- Europe
- East Asia
- South Asia
- Oceania
- Middle East & Africa
Table of Content
- 1. Executive Summary
- 2. Market Overview
- 3. Market Dynamics
- 4. Global Market - Pricing Analysis
- 5. Value Chain Analysis
- 6. Global Market Demand (in Value (US$ Mn) and Volume (MT) Analysis 2018 to 2022 and Forecast, 2023 to 2033
- 7. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Algae Type
- 7.1. Red Algae
- 7.2. Green Algae
- 7.3. Brown Algae
- 8. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By End-Use
- 8.1. Food and Beverages
- 8.2. Health and Medical Sector
- 8.3. Animal Feed Sector
- 8.4. Pet Food Sector
- 8.5. Cosmetics and Personal Care Sector
- 8.6. Fertilizers Sector
- 9. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Form
- 9.1. Food Processing Companies/Brands (B2B)
- 9.2. Food Service (HoReCa)
- 9.3. Retail Sales (B2C)
- 9.3.1. Online Retailing
- 9.3.2. Store-Based Retailing
- 9.3.2.1. Convenience Stores
- 9.3.2.2. Discount Stores
- 9.3.2.3. Hypermarkets/Supermarkets
- 9.3.2.4. Specialty Stores
- 9.3.2.5. Non-grocery Retailers
- 9.3.2.6. Mixed Retailers
- 10. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Region
- 10.1. North America
- 10.2. Latin America
- 10.3. Europe
- 10.4. East Asia
- 10.5. South Asia
- 10.6. Oceania
- 10.7. Middle East & Africa
- 11. North America Market Analysis 2018 to 2022 and Forecast 2023 to 2033
- 12. Latin America Market Analysis 2018 to 2022 and Forecast 2023 to 2033
- 13. Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033
- 14. East Asia Market Analysis 2018 to 2022 and Forecast 2023 to 2033
- 15. South Asia Market Analysis 2018 to 2022 and Forecast 2023 to 2033
- 16. Oceania Market Analysis 2018 to 2022 and Forecast 2023 to 2033
- 17. MEA Market Analysis 2018 to 2022 and Forecast 2023 to 2033
- 18. Country-level Market Analysis
- 19. Market Structure Analysis
- 20. Competition Analysis
- 20.1. Corbion
- 20.2. Solazyme
- 20.3. Cyanotech
- 20.4. Algix
- 20.5. DIC Corporation
- 20.6. Algatechnologies
- 20.7. Allmicroalgae
- 20.8. Cellana
- 20.9. Phytoalgae
- 20.10. Algaia
- 20.11. Algea
- 20.12. Texas A&M AgriLife Research
- 20.13. Arizona Algae Products
- 20.14. Blue Evolution
- 20.15. Biogreen Syngery
- 20.16. Aliga microalgae
- 20.17. Algarithm Ingredients
- 20.18. Algafeed
- 20.19. Other Players (On Additional Requests)
- 21. Assumptions and Acronyms Used
- 22. Research Methodology
Don't Need a Global Report?
save 40%! on Country & Region specific reports
List Of Table
Table 01: Global Value (US$ Mn) Forecast by Region, 2018 to 2033
Table 02: Global Volume (MT) Forecast by Region, 2018 to 2033
Table 03: Global Value (US$ Mn) Forecast by Algae Type, 2018 to 2033
Table 04: Global Volume (MT) Forecast by Algae Type, 2018 to 2033
Table 05: Global Value (US$ Mn) Forecast by End-use, 2018 to 2033
Table 06: Global Volume (MT) Forecast by End-use, 2018 to 2033
Table 07: Global Value (US$ Mn) Forecast by Form, 2018 to 2033
Table 08: Global Volume (MT) Forecast by Form, 2018 to 2033
Table 09: North America Value (US$ Mn) Forecast by Country, 2018 to 2033
Table 10: North America Volume (MT) Forecast by Country, 2018 to 2033
Table 11: North America Value (US$ Mn) Forecast by Algae Type, 2018 to 2033
Table 12: North America Volume (MT) Forecast by Algae Type, 2018 to 2033
Table 13: North America Value (US$ Mn) Forecast by End-use, 2018 to 2033
Table 14: North America Volume (MT) Forecast by End-use, 2018 to 2033
Table 15: North America Value (US$ Mn) Forecast by Form, 2018 to 2033
Table 16: North America Volume (MT) Forecast by Form, 2018 to 2033
Table 17: Latin America Value (US$ Mn) Forecast by Country, 2018 to 2033
Table 18: Latin America Volume (MT) Forecast by Country, 2018 to 2033
Table 19: Latin America Value (US$ Mn) Forecast by Algae Type, 2018 to 2033
Table 20: Latin America Volume (MT) Forecast by Algae Type, 2018 to 2033
Table 21: Latin America Value (US$ Mn) Forecast by End-use, 2018 to 2033
Table 22: Latin America Volume (MT) Forecast by End-use, 2018 to 2033
Table 23: Latin America Value (US$ Mn) Forecast by Form, 2018 to 2033
Table 24: Latin America Volume (MT) Forecast by Form, 2018 to 2033
Table 25: Europe Value (US$ Mn) Forecast by Country, 2018 to 2033
Table 26: Europe Volume (MT) Forecast by Country, 2018 to 2033
Table 27: Europe Value (US$ Mn) Forecast by Algae Type, 2018 to 2033
Table 28: Europe Volume (MT) Forecast by Algae Type, 2018 to 2033
Table 29: Europe Value (US$ Mn) Forecast by End-use, 2018 to 2033
Table 30: Europe Volume (MT) Forecast by End-use, 2018 to 2033
Table 31: Europe Value (US$ Mn) Forecast by Form, 2018 to 2033
Table 32: Europe Volume (MT) Forecast by Form, 2018 to 2033
Table 33: East Asia Value (US$ Mn) Forecast by Country, 2018 to 2033
Table 34: East Asia Volume (MT) Forecast by Country, 2018 to 2033
Table 35: East Asia Value (US$ Mn) Forecast by Algae Type, 2018 to 2033
Table 36: East Asia Volume (MT) Forecast by Algae Type, 2018 to 2033
Table 37: East Asia Value (US$ Mn) Forecast by End-use, 2018 to 2033
Table 38: East Asia Volume (MT) Forecast by End-use, 2018 to 2033
Table 39: East Asia Value (US$ Mn) Forecast by Form, 2018 to 2033
Table 40: East Asia Volume (MT) Forecast by Form, 2018 to 2033
Table 41: South Asia Value (US$ Mn) Forecast by Country, 2018 to 2033
Table 42: South Asia Volume (MT) Forecast by Country, 2018 to 2033
Table 43: South Asia Value (US$ Mn) Forecast by Algae Type, 2018 to 2033
Table 44: South Asia Volume (MT) Forecast by Algae Type, 2018 to 2033
Table 45: South Asia Value (US$ Mn) Forecast by End-use, 2018 to 2033
Table 46: South Asia Volume (MT) Forecast by End-use, 2018 to 2033
Table 47: South Asia Value (US$ Mn) Forecast by Form, 2018 to 2033
Table 48: South Asia Volume (MT) Forecast by Form, 2018 to 2033
Table 49: Oceania Value (US$ Mn) Forecast by Country, 2018 to 2033
Table 50: Oceania Volume (MT) Forecast by Country, 2018 to 2033
Table 51: Oceania Value (US$ Mn) Forecast by Algae Type, 2018 to 2033
Table 52: Oceania Volume (MT) Forecast by Algae Type, 2018 to 2033
Table 53: Oceania Value (US$ Mn) Forecast by End-use, 2018 to 2033
Table 54: Oceania Volume (MT) Forecast by End-use, 2018 to 2033
Table 55: Oceania Value (US$ Mn) Forecast by Form, 2018 to 2033
Table 56: Oceania Volume (MT) Forecast by Form, 2018 to 2033
Table 57: MEA Value (US$ Mn) Forecast by Country, 2018 to 2033
Table 58: MEA Volume (MT) Forecast by Country, 2018 to 2033
Table 59: MEA Value (US$ Mn) Forecast by Algae Type, 2018 to 2033
Table 60: MEA Volume (MT) Forecast by Algae Type, 2018 to 2033
Table 61: MEA Value (US$ Mn) Forecast by End-use, 2018 to 2033
Table 62: MEA Volume (MT) Forecast by End-use, 2018 to 2033
Table 63: MEA Value (US$ Mn) Forecast by Form, 2018 to 2033
Table 64: MEA Volume (MT) Forecast by Form, 2018 to 2033
More Insights, Lesser Cost (-50% off)
Insights on import/export production,
pricing analysis, and more – Only @ Fact.MR
List Of Figures
Figure 01: Global Value (US$ Mn) by Algae Type, 2023 to 2033
Figure 02: Global Value (US$ Mn) by End-use, 2023 to 2033
Figure 03: Global Value (US$ Mn) by Form, 2023 to 2033
Figure 04: Global Value (US$ Mn) by Region, 2023 to 2033
Figure 05: Global Value (US$ Mn) Analysis by Region, 2018 to 2033
Figure 06: Global Volume (MT) Analysis by Region, 2018 to 2033
Figure 07: Global Value Share (%) and BPS Analysis by Region, 2023 to 2033
Figure 08: Global Y-o-Y Growth (%) Projections by Region, 2023 to 2033
Figure 09: Global Value (US$ Mn) Analysis by Algae Type, 2018 to 2033
Figure 10: Global Volume (MT) Analysis by Algae Type, 2018 to 2033
Figure 11: Global Value Share (%) and BPS Analysis by Algae Type, 2023 to 2033
Figure 12: Global Y-o-Y Growth (%) Projections by Algae Type, 2023 to 2033
Figure 13: Global Value (US$ Mn) Analysis by End-use, 2018 to 2033
Figure 14: Global Volume (MT) Analysis by End-use, 2018 to 2033
Figure 15: Global Value Share (%) and BPS Analysis by End-use, 2023 to 2033
Figure 16: Global Y-o-Y Growth (%) Projections by End-use, 2023 to 2033
Figure 17: Global Value (US$ Mn) Analysis by Form, 2018 to 2033
Figure 18: Global Volume (MT) Analysis by Form, 2018 to 2033
Figure 19: Global Value Share (%) and BPS Analysis by Form, 2023 to 2033
Figure 20: Global Y-o-Y Growth (%) Projections by Form, 2023 to 2033
Figure 21: Global Attractiveness by Algae Type, 2023 to 2033
Figure 22: Global Attractiveness by End-use, 2023 to 2033
Figure 23: Global Attractiveness by Form, 2023 to 2033
Figure 24: Global Attractiveness by Region, 2023 to 2033
Figure 25: North America Value (US$ Mn) by Algae Type, 2023 to 2033
Figure 26: North America Value (US$ Mn) by End-use, 2023 to 2033
Figure 27: North America Value (US$ Mn) by Form, 2023 to 2033
Figure 28: North America Value (US$ Mn) by Country, 2023 to 2033
Figure 29: North America Value (US$ Mn) Analysis by Country, 2018 to 2033
Figure 30: North America Volume (MT) Analysis by Country, 2018 to 2033
Figure 31: North America Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 32: North America Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 33: North America Value (US$ Mn) Analysis by Algae Type, 2018 to 2033
Figure 34: North America Volume (MT) Analysis by Algae Type, 2018 to 2033
Figure 35: North America Value Share (%) and BPS Analysis by Algae Type, 2023 to 2033
Figure 36: North America Y-o-Y Growth (%) Projections by Algae Type, 2023 to 2033
Figure 37: North America Value (US$ Mn) Analysis by End-use, 2018 to 2033
Figure 38: North America Volume (MT) Analysis by End-use, 2018 to 2033
Figure 39: North America Value Share (%) and BPS Analysis by End-use, 2023 to 2033
Figure 40: North America Y-o-Y Growth (%) Projections by End-use, 2023 to 2033
Figure 41: North America Value (US$ Mn) Analysis by Form, 2018 to 2033
Figure 42: North America Volume (MT) Analysis by Form, 2018 to 2033
Figure 43: North America Value Share (%) and BPS Analysis by Form, 2023 to 2033
Figure 44: North America Y-o-Y Growth (%) Projections by Form, 2023 to 2033
Figure 45: North America Attractiveness by Algae Type, 2023 to 2033
Figure 46: North America Attractiveness by End-use, 2023 to 2033
Figure 47: North America Attractiveness by Form, 2023 to 2033
Figure 48: North America Attractiveness by Country, 2023 to 2033
Figure 49: Latin America Value (US$ Mn) by Algae Type, 2023 to 2033
Figure 50: Latin America Value (US$ Mn) by End-use, 2023 to 2033
Figure 51: Latin America Value (US$ Mn) by Form, 2023 to 2033
Figure 52: Latin America Value (US$ Mn) by Country, 2023 to 2033
Figure 53: Latin America Value (US$ Mn) Analysis by Country, 2018 to 2033
Figure 54: Latin America Volume (MT) Analysis by Country, 2018 to 2033
Figure 55: Latin America Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 56: Latin America Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 57: Latin America Value (US$ Mn) Analysis by Algae Type, 2018 to 2033
Figure 58: Latin America Volume (MT) Analysis by Algae Type, 2018 to 2033
Figure 59: Latin America Value Share (%) and BPS Analysis by Algae Type, 2023 to 2033
Figure 60: Latin America Y-o-Y Growth (%) Projections by Algae Type, 2023 to 2033
Figure 61: Latin America Value (US$ Mn) Analysis by End-use, 2018 to 2033
Figure 62: Latin America Volume (MT) Analysis by End-use, 2018 to 2033
Figure 63: Latin America Value Share (%) and BPS Analysis by End-use, 2023 to 2033
Figure 64: Latin America Y-o-Y Growth (%) Projections by End-use, 2023 to 2033
Figure 65: Latin America Value (US$ Mn) Analysis by Form, 2018 to 2033
Figure 66: Latin America Volume (MT) Analysis by Form, 2018 to 2033
Figure 67: Latin America Value Share (%) and BPS Analysis by Form, 2023 to 2033
Figure 68: Latin America Y-o-Y Growth (%) Projections by Form, 2023 to 2033
Figure 69: Latin America Attractiveness by Algae Type, 2023 to 2033
Figure 70: Latin America Attractiveness by End-use, 2023 to 2033
Figure 71: Latin America Attractiveness by Form, 2023 to 2033
Figure 72: Latin America Attractiveness by Country, 2023 to 2033
Figure 73: Europe Value (US$ Mn) by Algae Type, 2023 to 2033
Figure 74: Europe Value (US$ Mn) by End-use, 2023 to 2033
Figure 75: Europe Value (US$ Mn) by Form, 2023 to 2033
Figure 76: Europe Value (US$ Mn) by Country, 2023 to 2033
Figure 77: Europe Value (US$ Mn) Analysis by Country, 2018 to 2033
Figure 78: Europe Volume (MT) Analysis by Country, 2018 to 2033
Figure 79: Europe Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 80: Europe Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 81: Europe Value (US$ Mn) Analysis by Algae Type, 2018 to 2033
Figure 82: Europe Volume (MT) Analysis by Algae Type, 2018 to 2033
Figure 83: Europe Value Share (%) and BPS Analysis by Algae Type, 2023 to 2033
Figure 84: Europe Y-o-Y Growth (%) Projections by Algae Type, 2023 to 2033
Figure 85: Europe Value (US$ Mn) Analysis by End-use, 2018 to 2033
Figure 86: Europe Volume (MT) Analysis by End-use, 2018 to 2033
Figure 87: Europe Value Share (%) and BPS Analysis by End-use, 2023 to 2033
Figure 88: Europe Y-o-Y Growth (%) Projections by End-use, 2023 to 2033
Figure 89: Europe Value (US$ Mn) Analysis by Form, 2018 to 2033
Figure 90: Europe Volume (MT) Analysis by Form, 2018 to 2033
Figure 91: Europe Value Share (%) and BPS Analysis by Form, 2023 to 2033
Figure 92: Europe Y-o-Y Growth (%) Projections by Form, 2023 to 2033
Figure 93: Europe Attractiveness by Algae Type, 2023 to 2033
Figure 94: Europe Attractiveness by End-use, 2023 to 2033
Figure 95: Europe Attractiveness by Form, 2023 to 2033
Figure 96: Europe Attractiveness by Country, 2023 to 2033
Figure 97: East Asia Value (US$ Mn) by Algae Type, 2023 to 2033
Figure 98: East Asia Value (US$ Mn) by End-use, 2023 to 2033
Figure 99: East Asia Value (US$ Mn) by Form, 2023 to 2033
Figure 100: East Asia Value (US$ Mn) by Country, 2023 to 2033
Figure 101: East Asia Value (US$ Mn) Analysis by Country, 2018 to 2033
Figure 102: East Asia Volume (MT) Analysis by Country, 2018 to 2033
Figure 103: East Asia Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 104: East Asia Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 105: East Asia Value (US$ Mn) Analysis by Algae Type, 2018 to 2033
Figure 106: East Asia Volume (MT) Analysis by Algae Type, 2018 to 2033
Figure 107: East Asia Value Share (%) and BPS Analysis by Algae Type, 2023 to 2033
Figure 108: East Asia Y-o-Y Growth (%) Projections by Algae Type, 2023 to 2033
Figure 109: East Asia Value (US$ Mn) Analysis by End-use, 2018 to 2033
Figure 110: East Asia Volume (MT) Analysis by End-use, 2018 to 2033
Figure 111: East Asia Value Share (%) and BPS Analysis by End-use, 2023 to 2033
Figure 112: East Asia Y-o-Y Growth (%) Projections by End-use, 2023 to 2033
Figure 113: East Asia Value (US$ Mn) Analysis by Form, 2018 to 2033
Figure 114: East Asia Volume (MT) Analysis by Form, 2018 to 2033
Figure 115: East Asia Value Share (%) and BPS Analysis by Form, 2023 to 2033
Figure 116: East Asia Y-o-Y Growth (%) Projections by Form, 2023 to 2033
Figure 117: East Asia Attractiveness by Algae Type, 2023 to 2033
Figure 118: East Asia Attractiveness by End-use, 2023 to 2033
Figure 119: East Asia Attractiveness by Form, 2023 to 2033
Figure 120: East Asia Attractiveness by Country, 2023 to 2033
Figure 121: South Asia Value (US$ Mn) by Algae Type, 2023 to 2033
Figure 122: South Asia Value (US$ Mn) by End-use, 2023 to 2033
Figure 123: South Asia Value (US$ Mn) by Form, 2023 to 2033
Figure 124: South Asia Value (US$ Mn) by Country, 2023 to 2033
Figure 125: South Asia Value (US$ Mn) Analysis by Country, 2018 to 2033
Figure 126: South Asia Volume (MT) Analysis by Country, 2018 to 2033
Figure 127: South Asia Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 128: South Asia Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 129: South Asia Value (US$ Mn) Analysis by Algae Type, 2018 to 2033
Figure 130: South Asia Volume (MT) Analysis by Algae Type, 2018 to 2033
Figure 131: South Asia Value Share (%) and BPS Analysis by Algae Type, 2023 to 2033
Figure 132: South Asia Y-o-Y Growth (%) Projections by Algae Type, 2023 to 2033
Figure 133: South Asia Value (US$ Mn) Analysis by End-use, 2018 to 2033
Figure 134: South Asia Volume (MT) Analysis by End-use, 2018 to 2033
Figure 135: South Asia Value Share (%) and BPS Analysis by End-use, 2023 to 2033
Figure 136: South Asia Y-o-Y Growth (%) Projections by End-use, 2023 to 2033
Figure 137: South Asia Value (US$ Mn) Analysis by Form, 2018 to 2033
Figure 138: South Asia Volume (MT) Analysis by Form, 2018 to 2033
Figure 139: South Asia Value Share (%) and BPS Analysis by Form, 2023 to 2033
Figure 140: South Asia Y-o-Y Growth (%) Projections by Form, 2023 to 2033
Figure 141: South Asia Attractiveness by Algae Type, 2023 to 2033
Figure 142: South Asia Attractiveness by End-use, 2023 to 2033
Figure 143: South Asia Attractiveness by Form, 2023 to 2033
Figure 144: South Asia Attractiveness by Country, 2023 to 2033
Figure 145: Oceania Value (US$ Mn) by Algae Type, 2023 to 2033
Figure 146: Oceania Value (US$ Mn) by End-use, 2023 to 2033
Figure 147: Oceania Value (US$ Mn) by Form, 2023 to 2033
Figure 148: Oceania Value (US$ Mn) by Country, 2023 to 2033
Figure 149: Oceania Value (US$ Mn) Analysis by Country, 2018 to 2033
Figure 150: Oceania Volume (MT) Analysis by Country, 2018 to 2033
Figure 151: Oceania Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 152: Oceania Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 153: Oceania Value (US$ Mn) Analysis by Algae Type, 2018 to 2033
Figure 154: Oceania Volume (MT) Analysis by Algae Type, 2018 to 2033
Figure 155: Oceania Value Share (%) and BPS Analysis by Algae Type, 2023 to 2033
Figure 156: Oceania Y-o-Y Growth (%) Projections by Algae Type, 2023 to 2033
Figure 157: Oceania Value (US$ Mn) Analysis by End-use, 2018 to 2033
Figure 158: Oceania Volume (MT) Analysis by End-use, 2018 to 2033
Figure 159: Oceania Value Share (%) and BPS Analysis by End-use, 2023 to 2033
Figure 160: Oceania Y-o-Y Growth (%) Projections by End-use, 2023 to 2033
Figure 161: Oceania Value (US$ Mn) Analysis by Form, 2018 to 2033
Figure 162: Oceania Volume (MT) Analysis by Form, 2018 to 2033
Figure 163: Oceania Value Share (%) and BPS Analysis by Form, 2023 to 2033
Figure 164: Oceania Y-o-Y Growth (%) Projections by Form, 2023 to 2033
Figure 165: Oceania Attractiveness by Algae Type, 2023 to 2033
Figure 166: Oceania Attractiveness by End-use, 2023 to 2033
Figure 167: Oceania Attractiveness by Form, 2023 to 2033
Figure 168: Oceania Attractiveness by Country, 2023 to 2033
Figure 169: MEA Value (US$ Mn) by Algae Type, 2023 to 2033
Figure 170: MEA Value (US$ Mn) by End-use, 2023 to 2033
Figure 171: MEA Value (US$ Mn) by Form, 2023 to 2033
Figure 172: MEA Value (US$ Mn) by Country, 2023 to 2033
Figure 173: MEA Value (US$ Mn) Analysis by Country, 2018 to 2033
Figure 174: MEA Volume (MT) Analysis by Country, 2018 to 2033
Figure 175: MEA Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 176: MEA Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 177: MEA Value (US$ Mn) Analysis by Algae Type, 2018 to 2033
Figure 178: MEA Volume (MT) Analysis by Algae Type, 2018 to 2033
Figure 179: MEA Value Share (%) and BPS Analysis by Algae Type, 2023 to 2033
Figure 180: MEA Y-o-Y Growth (%) Projections by Algae Type, 2023 to 2033
Figure 181: MEA Value (US$ Mn) Analysis by End-use, 2018 to 2033
Figure 182: MEA Volume (MT) Analysis by End-use, 2018 to 2033
Figure 183: MEA Value Share (%) and BPS Analysis by End-use, 2023 to 2033
Figure 184: MEA Y-o-Y Growth (%) Projections by End-use, 2023 to 2033
Figure 185: MEA Value (US$ Mn) Analysis by Form, 2018 to 2033
Figure 186: MEA Volume (MT) Analysis by Form, 2018 to 2033
Figure 187: MEA Value Share (%) and BPS Analysis by Form, 2023 to 2033
Figure 188: MEA Y-o-Y Growth (%) Projections by Form, 2023 to 2033
Figure 189: MEA Attractiveness by Algae Type, 2023 to 2033
Figure 190: MEA Attractiveness by End-use, 2023 to 2033
Figure 191: MEA Attractiveness by Form, 2023 to 2033
Figure 192: MEA Attractiveness by Country, 2023 to 2033
Know thy Competitors
Competitive landscape highlights only certain players
Complete list available upon request
- FAQs -
What is the current market size of global algae extract?
The algae extract market is estimated to reach a valuation of about US$ 4100.1 million in 2023.
What is the growth projection for the worldwide algae extract by 2033?
The global algae extract market value is projected to reach US$ 6,034.3 million by 2033.
At what CAGR, is the global algae extract market growing?
The global algae extract market is expected to grow at a CAGR of around 3.9% by 2033.
Which country is estimated to hold a prominent market share in 2023?
The United States is expected to have a market share of 26% in 2023.
What was the historical CAGR for the Algae Extract Market?
Global demand for Algae Extract registered a CAGR of 3.5% historically, from 2018 to 2022.
Algae Extract Market