Algae Market
Algae Market - Global Industry Assessment & Forecast
Segments Covered
- By Types Lipids, Carrageenan, Carotenoids, Algae Protein, Alginates, Other Types (Agar, Algal Flour, and Dried Algae)
- By Applications Food & Beverage, Nutraceutical & Diet Supplement, Animal Feed, Personal Care, Pharmaceutical, Other Applications (Infant Food, Fortified Food, and Pet Food)
- By Sources Brown Algae, Blue Algae, Green Algae, Red Algae, Other Sources (Yellow-Brown and Golden Algae)
- By Forms Solid, Liquid
- By Region North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Snapshot
Base Year: | 2022 |
Forecast Years: | 2023 - 2030 |
Historical Years: | 2017 - 2021 |
Revenue 2022: | USD 20.94 Billion |
Revenue 2030: | USD 45.55 Billion |
Revenue CAGR (2023 - 2030): | 10.20% |
Fastest Growing Region (2023 - 2030) | Asia Pacific |
Largest Region (2022): | Asia Pacific |
Customization Offered
- Cross-segment Market Size and Analysis for Mentioned Segments
- Additional Company Profiles (Upto 5 With No Cost)
- Additional Countries (Apart From Mentioned Countries)
- Country/Region-specific Report
- Go To Market Strategy
- Region Specific Market Dynamics
- Region Level Market Share
- Import Export Analysis
- Production Analysis
- Others Request Customization Speak To Analyst
Algae Market Segment Analysis
- Algae Types Outlook (Revenue, USD Million, 2018 - 2030)
- Lipids
- Carrageenan
- Carotenoids
- Algae Protein
- Alginates
- Other Types (Agar
- Algal Flour
- and Dried Algae)
- Algae Applications Outlook (Revenue, USD Million, 2018 - 2030)
- Food & Beverage
- Nutraceutical & Diet Supplement
- Animal Feed
- Personal Care
- Pharmaceutical
- Other Applications (Infant Food
- Fortified Food
- and Pet Food)
- Algae Sources Outlook (Revenue, USD Million, 2018 - 2030)
- Brown Algae
- Blue Algae
- Green Algae
- Red Algae
- Other Sources (Yellow-Brown and Golden Algae)
- Algae Forms Outlook (Revenue, USD Million, 2018 - 2030)
- Solid
- Liquid
-
Regional Outlook (Revenue, USD Billion/Million, 2018 - 2030)
- North America
-
North America Algae Market, by Types
- Lipids
- Carrageenan
- Carotenoids
- Algae Protein
- Alginates
- Other Types (Agar
- Algal Flour
- and Dried Algae)
-
North America Algae Market, by Applications
- Food & Beverage
- Nutraceutical & Diet Supplement
- Animal Feed
- Personal Care
- Pharmaceutical
- Other Applications (Infant Food
- Fortified Food
- and Pet Food)
-
North America Algae Market, by Sources
- Brown Algae
- Blue Algae
- Green Algae
- Red Algae
- Other Sources (Yellow-Brown and Golden Algae)
-
North America Algae Market, by Forms
- Solid
- Liquid
- U.S.
- U.S. Algae Market, by Types
- Lipids
- Carrageenan
- Carotenoids
- Algae Protein
- Alginates
- Other Types (Agar
- Algal Flour
- and Dried Algae)
- U.S. Algae Market, by Applications
- Food & Beverage
- Nutraceutical & Diet Supplement
- Animal Feed
- Personal Care
- Pharmaceutical
- Other Applications (Infant Food
- Fortified Food
- and Pet Food)
- U.S. Algae Market, by Sources
- Brown Algae
- Blue Algae
- Green Algae
- Red Algae
- Other Sources (Yellow-Brown and Golden Algae)
- U.S. Algae Market, by Forms
- Solid
- Liquid
- U.S. Algae Market, by Types
- Canada
- Canada Algae Market, by Types
- Lipids
- Carrageenan
- Carotenoids
- Algae Protein
- Alginates
- Other Types (Agar
- Algal Flour
- and Dried Algae)
- Canada Algae Market, by Applications
- Food & Beverage
- Nutraceutical & Diet Supplement
- Animal Feed
- Personal Care
- Pharmaceutical
- Other Applications (Infant Food
- Fortified Food
- and Pet Food)
- Canada Algae Market, by Sources
- Brown Algae
- Blue Algae
- Green Algae
- Red Algae
- Other Sources (Yellow-Brown and Golden Algae)
- Canada Algae Market, by Forms
- Solid
- Liquid
- Canada Algae Market, by Types
-
Mexico
- Mexico Algae Market, by Types
- Lipids
- Carrageenan
- Carotenoids
- Algae Protein
- Alginates
- Other Types (Agar
- Algal Flour
- and Dried Algae)
- Mexico Algae Market, by Applications
- Food & Beverage
- Nutraceutical & Diet Supplement
- Animal Feed
- Personal Care
- Pharmaceutical
- Other Applications (Infant Food
- Fortified Food
- and Pet Food)
- Mexico Algae Market, by Sources
- Brown Algae
- Blue Algae
- Green Algae
- Red Algae
- Other Sources (Yellow-Brown and Golden Algae)
- Mexico Algae Market, by Forms
- Solid
- Liquid
- Mexico Algae Market, by Types
-
North America Algae Market, by Types
- Europe
-
Europe Algae Market, by Types
- Lipids
- Carrageenan
- Carotenoids
- Algae Protein
- Alginates
- Other Types (Agar
- Algal Flour
- and Dried Algae)
-
Europe Algae Market, by Applications
- Food & Beverage
- Nutraceutical & Diet Supplement
- Animal Feed
- Personal Care
- Pharmaceutical
- Other Applications (Infant Food
- Fortified Food
- and Pet Food)
-
Europe Algae Market, by Sources
- Brown Algae
- Blue Algae
- Green Algae
- Red Algae
- Other Sources (Yellow-Brown and Golden Algae)
-
Europe Algae Market, by Forms
- Solid
- Liquid
- U. K.
- U.K. Algae Market, by Types
- Lipids
- Carrageenan
- Carotenoids
- Algae Protein
- Alginates
- Other Types (Agar
- Algal Flour
- and Dried Algae)
- U.K. Algae Market, by Applications
- Food & Beverage
- Nutraceutical & Diet Supplement
- Animal Feed
- Personal Care
- Pharmaceutical
- Other Applications (Infant Food
- Fortified Food
- and Pet Food)
- U.K. Algae Market, by Sources
- Brown Algae
- Blue Algae
- Green Algae
- Red Algae
- Other Sources (Yellow-Brown and Golden Algae)
- U.K. Algae Market, by Forms
- Solid
- Liquid
- U.K. Algae Market, by Types
- France
- France Algae Market, by Types
- Lipids
- Carrageenan
- Carotenoids
- Algae Protein
- Alginates
- Other Types (Agar
- Algal Flour
- and Dried Algae)
- France Algae Market, by Applications
- Food & Beverage
- Nutraceutical & Diet Supplement
- Animal Feed
- Personal Care
- Pharmaceutical
- Other Applications (Infant Food
- Fortified Food
- and Pet Food)
- France Algae Market, by Sources
- Brown Algae
- Blue Algae
- Green Algae
- Red Algae
- Other Sources (Yellow-Brown and Golden Algae)
- France Algae Market, by Forms
- Solid
- Liquid
- France Algae Market, by Types
-
Germany
- Germany Algae Market, by Types
- Lipids
- Carrageenan
- Carotenoids
- Algae Protein
- Alginates
- Other Types (Agar
- Algal Flour
- and Dried Algae)
- Germany Algae Market, by Applications
- Food & Beverage
- Nutraceutical & Diet Supplement
- Animal Feed
- Personal Care
- Pharmaceutical
- Other Applications (Infant Food
- Fortified Food
- and Pet Food)
- Germany Algae Market, by Sources
- Brown Algae
- Blue Algae
- Green Algae
- Red Algae
- Other Sources (Yellow-Brown and Golden Algae)
- Germany Algae Market, by Forms
- Solid
- Liquid
- Germany Algae Market, by Types
-
Italy
- Italy Algae Market, by Types
- Lipids
- Carrageenan
- Carotenoids
- Algae Protein
- Alginates
- Other Types (Agar
- Algal Flour
- and Dried Algae)
- Italy Algae Market, by Applications
- Food & Beverage
- Nutraceutical & Diet Supplement
- Animal Feed
- Personal Care
- Pharmaceutical
- Other Applications (Infant Food
- Fortified Food
- and Pet Food)
- Italy Algae Market, by Sources
- Brown Algae
- Blue Algae
- Green Algae
- Red Algae
- Other Sources (Yellow-Brown and Golden Algae)
- Italy Algae Market, by Forms
- Solid
- Liquid
- Italy Algae Market, by Types
-
Spain
- Spain Algae Market, by Types
- Lipids
- Carrageenan
- Carotenoids
- Algae Protein
- Alginates
- Other Types (Agar
- Algal Flour
- and Dried Algae)
- Spain Algae Market, by Applications
- Food & Beverage
- Nutraceutical & Diet Supplement
- Animal Feed
- Personal Care
- Pharmaceutical
- Other Applications (Infant Food
- Fortified Food
- and Pet Food)
- Spain Algae Market, by Sources
- Brown Algae
- Blue Algae
- Green Algae
- Red Algae
- Other Sources (Yellow-Brown and Golden Algae)
- Spain Algae Market, by Forms
- Solid
- Liquid
- Spain Algae Market, by Types
-
Rest of Europe
- Rest of Europe Algae Market, by Types
- Lipids
- Carrageenan
- Carotenoids
- Algae Protein
- Alginates
- Other Types (Agar
- Algal Flour
- and Dried Algae)
- Rest of Europe Algae Market, by Applications
- Food & Beverage
- Nutraceutical & Diet Supplement
- Animal Feed
- Personal Care
- Pharmaceutical
- Other Applications (Infant Food
- Fortified Food
- and Pet Food)
- Rest of Europe Algae Market, by Sources
- Brown Algae
- Blue Algae
- Green Algae
- Red Algae
- Other Sources (Yellow-Brown and Golden Algae)
- Rest of Europe Algae Market, by Forms
- Solid
- Liquid
- Rest of Europe Algae Market, by Types
-
Europe Algae Market, by Types
- Asia Pacific
-
Asia Pacific Algae Market, by Types
- Lipids
- Carrageenan
- Carotenoids
- Algae Protein
- Alginates
- Other Types (Agar
- Algal Flour
- and Dried Algae)
-
Asia Pacific Algae Market, by Applications
- Food & Beverage
- Nutraceutical & Diet Supplement
- Animal Feed
- Personal Care
- Pharmaceutical
- Other Applications (Infant Food
- Fortified Food
- and Pet Food)
-
Asia Pacific Algae Market, by Sources
- Brown Algae
- Blue Algae
- Green Algae
- Red Algae
- Other Sources (Yellow-Brown and Golden Algae)
-
Asia Pacific Algae Market, by Forms
- Solid
- Liquid
- China
- China Algae Market, by Types
- Lipids
- Carrageenan
- Carotenoids
- Algae Protein
- Alginates
- Other Types (Agar
- Algal Flour
- and Dried Algae)
- China Algae Market, by Applications
- Food & Beverage
- Nutraceutical & Diet Supplement
- Animal Feed
- Personal Care
- Pharmaceutical
- Other Applications (Infant Food
- Fortified Food
- and Pet Food)
- China Algae Market, by Sources
- Brown Algae
- Blue Algae
- Green Algae
- Red Algae
- Other Sources (Yellow-Brown and Golden Algae)
- China Algae Market, by Forms
- Solid
- Liquid
- China Algae Market, by Types
- Japan
- Japan Algae Market, by Types
- Lipids
- Carrageenan
- Carotenoids
- Algae Protein
- Alginates
- Other Types (Agar
- Algal Flour
- and Dried Algae)
- Japan Algae Market, by Applications
- Food & Beverage
- Nutraceutical & Diet Supplement
- Animal Feed
- Personal Care
- Pharmaceutical
- Other Applications (Infant Food
- Fortified Food
- and Pet Food)
- Japan Algae Market, by Sources
- Brown Algae
- Blue Algae
- Green Algae
- Red Algae
- Other Sources (Yellow-Brown and Golden Algae)
- Japan Algae Market, by Forms
- Solid
- Liquid
- Japan Algae Market, by Types
-
Germany
- Germany Algae Market, by Types
- Lipids
- Carrageenan
- Carotenoids
- Algae Protein
- Alginates
- Other Types (Agar
- Algal Flour
- and Dried Algae)
- Germany Algae Market, by Applications
- Food & Beverage
- Nutraceutical & Diet Supplement
- Animal Feed
- Personal Care
- Pharmaceutical
- Other Applications (Infant Food
- Fortified Food
- and Pet Food)
- Germany Algae Market, by Sources
- Brown Algae
- Blue Algae
- Green Algae
- Red Algae
- Other Sources (Yellow-Brown and Golden Algae)
- Germany Algae Market, by Forms
- Solid
- Liquid
- Germany Algae Market, by Types
-
India
- India Algae Market, by Types
- Lipids
- Carrageenan
- Carotenoids
- Algae Protein
- Alginates
- Other Types (Agar
- Algal Flour
- and Dried Algae)
- India Algae Market, by Applications
- Food & Beverage
- Nutraceutical & Diet Supplement
- Animal Feed
- Personal Care
- Pharmaceutical
- Other Applications (Infant Food
- Fortified Food
- and Pet Food)
- India Algae Market, by Sources
- Brown Algae
- Blue Algae
- Green Algae
- Red Algae
- Other Sources (Yellow-Brown and Golden Algae)
- India Algae Market, by Forms
- Solid
- Liquid
- India Algae Market, by Types
-
South Korea
- South Korea Algae Market, by Types
- Lipids
- Carrageenan
- Carotenoids
- Algae Protein
- Alginates
- Other Types (Agar
- Algal Flour
- and Dried Algae)
- South Korea Algae Market, by Applications
- Food & Beverage
- Nutraceutical & Diet Supplement
- Animal Feed
- Personal Care
- Pharmaceutical
- Other Applications (Infant Food
- Fortified Food
- and Pet Food)
- South Korea Algae Market, by Sources
- Brown Algae
- Blue Algae
- Green Algae
- Red Algae
- Other Sources (Yellow-Brown and Golden Algae)
- South Korea Algae Market, by Forms
- Solid
- Liquid
- South Korea Algae Market, by Types
-
South East Asia
- South East Asia Algae Market, by Types
- Lipids
- Carrageenan
- Carotenoids
- Algae Protein
- Alginates
- Other Types (Agar
- Algal Flour
- and Dried Algae)
- South East Asia Algae Market, by Applications
- Food & Beverage
- Nutraceutical & Diet Supplement
- Animal Feed
- Personal Care
- Pharmaceutical
- Other Applications (Infant Food
- Fortified Food
- and Pet Food)
- South East Asia Algae Market, by Sources
- Brown Algae
- Blue Algae
- Green Algae
- Red Algae
- Other Sources (Yellow-Brown and Golden Algae)
- South East Asia Algae Market, by Forms
- Solid
- Liquid
- South East Asia Algae Market, by Types
-
Rest of Asia Pacific
- Rest of Asia Pacific Algae Market, by Types
- Lipids
- Carrageenan
- Carotenoids
- Algae Protein
- Alginates
- Other Types (Agar
- Algal Flour
- and Dried Algae)
- Rest of Asia Pacific Algae Market, by Applications
- Food & Beverage
- Nutraceutical & Diet Supplement
- Animal Feed
- Personal Care
- Pharmaceutical
- Other Applications (Infant Food
- Fortified Food
- and Pet Food)
- Rest of Asia Pacific Algae Market, by Sources
- Brown Algae
- Blue Algae
- Green Algae
- Red Algae
- Other Sources (Yellow-Brown and Golden Algae)
- Rest of Asia Pacific Algae Market, by Forms
- Solid
- Liquid
- Rest of Asia Pacific Algae Market, by Types
-
Asia Pacific Algae Market, by Types
- Latin America
-
Latin America Algae Market, by Types
- Lipids
- Carrageenan
- Carotenoids
- Algae Protein
- Alginates
- Other Types (Agar
- Algal Flour
- and Dried Algae)
-
Latin America Algae Market, by Applications
- Food & Beverage
- Nutraceutical & Diet Supplement
- Animal Feed
- Personal Care
- Pharmaceutical
- Other Applications (Infant Food
- Fortified Food
- and Pet Food)
-
Latin America Algae Market, by Sources
- Brown Algae
- Blue Algae
- Green Algae
- Red Algae
- Other Sources (Yellow-Brown and Golden Algae)
-
Latin America Algae Market, by Forms
- Solid
- Liquid
- Brazil
- Brazil Algae Market, by Types
- Lipids
- Carrageenan
- Carotenoids
- Algae Protein
- Alginates
- Other Types (Agar
- Algal Flour
- and Dried Algae)
- Brazil Algae Market, by Applications
- Food & Beverage
- Nutraceutical & Diet Supplement
- Animal Feed
- Personal Care
- Pharmaceutical
- Other Applications (Infant Food
- Fortified Food
- and Pet Food)
- Brazil Algae Market, by Sources
- Brown Algae
- Blue Algae
- Green Algae
- Red Algae
- Other Sources (Yellow-Brown and Golden Algae)
- Brazil Algae Market, by Forms
- Solid
- Liquid
- Brazil Algae Market, by Types
- Argentina
- Argentina Algae Market, by Types
- Lipids
- Carrageenan
- Carotenoids
- Algae Protein
- Alginates
- Other Types (Agar
- Algal Flour
- and Dried Algae)
- Argentina Algae Market, by Applications
- Food & Beverage
- Nutraceutical & Diet Supplement
- Animal Feed
- Personal Care
- Pharmaceutical
- Other Applications (Infant Food
- Fortified Food
- and Pet Food)
- Argentina Algae Market, by Sources
- Brown Algae
- Blue Algae
- Green Algae
- Red Algae
- Other Sources (Yellow-Brown and Golden Algae)
- Argentina Algae Market, by Forms
- Solid
- Liquid
- Argentina Algae Market, by Types
-
Rest of Latin America
- Rest of Latin America Algae Market, by Types
- Lipids
- Carrageenan
- Carotenoids
- Algae Protein
- Alginates
- Other Types (Agar
- Algal Flour
- and Dried Algae)
- Rest of Latin America Algae Market, by Applications
- Food & Beverage
- Nutraceutical & Diet Supplement
- Animal Feed
- Personal Care
- Pharmaceutical
- Other Applications (Infant Food
- Fortified Food
- and Pet Food)
- Rest of Latin America Algae Market, by Sources
- Brown Algae
- Blue Algae
- Green Algae
- Red Algae
- Other Sources (Yellow-Brown and Golden Algae)
- Rest of Latin America Algae Market, by Forms
- Solid
- Liquid
- Rest of Latin America Algae Market, by Types
-
Latin America Algae Market, by Types
- Middle East & Africa
-
Middle East & Africa Algae Market, by Types
- Lipids
- Carrageenan
- Carotenoids
- Algae Protein
- Alginates
- Other Types (Agar
- Algal Flour
- and Dried Algae)
-
Middle East & Africa Algae Market, by Applications
- Food & Beverage
- Nutraceutical & Diet Supplement
- Animal Feed
- Personal Care
- Pharmaceutical
- Other Applications (Infant Food
- Fortified Food
- and Pet Food)
-
Middle East & Africa Algae Market, by Sources
- Brown Algae
- Blue Algae
- Green Algae
- Red Algae
- Other Sources (Yellow-Brown and Golden Algae)
-
Middle East & Africa Algae Market, by Forms
- Solid
- Liquid
- GCC Countries
- GCC Countries Algae Market, by Types
- Lipids
- Carrageenan
- Carotenoids
- Algae Protein
- Alginates
- Other Types (Agar
- Algal Flour
- and Dried Algae)
- GCC Countries Algae Market, by Applications
- Food & Beverage
- Nutraceutical & Diet Supplement
- Animal Feed
- Personal Care
- Pharmaceutical
- Other Applications (Infant Food
- Fortified Food
- and Pet Food)
- GCC Countries Algae Market, by Sources
- Brown Algae
- Blue Algae
- Green Algae
- Red Algae
- Other Sources (Yellow-Brown and Golden Algae)
- GCC Countries Algae Market, by Forms
- Solid
- Liquid
- GCC Countries Algae Market, by Types
- South Africa
- South Africa Algae Market, by Types
- Lipids
- Carrageenan
- Carotenoids
- Algae Protein
- Alginates
- Other Types (Agar
- Algal Flour
- and Dried Algae)
- South Africa Algae Market, by Applications
- Food & Beverage
- Nutraceutical & Diet Supplement
- Animal Feed
- Personal Care
- Pharmaceutical
- Other Applications (Infant Food
- Fortified Food
- and Pet Food)
- South Africa Algae Market, by Sources
- Brown Algae
- Blue Algae
- Green Algae
- Red Algae
- Other Sources (Yellow-Brown and Golden Algae)
- South Africa Algae Market, by Forms
- Solid
- Liquid
- South Africa Algae Market, by Types
-
Rest of Middle East & Africa
- Rest of Middle East & Africa Algae Market, by Types
- Lipids
- Carrageenan
- Carotenoids
- Algae Protein
- Alginates
- Other Types (Agar
- Algal Flour
- and Dried Algae)
- Rest of Middle East & Africa Algae Market, by Applications
- Food & Beverage
- Nutraceutical & Diet Supplement
- Animal Feed
- Personal Care
- Pharmaceutical
- Other Applications (Infant Food
- Fortified Food
- and Pet Food)
- Rest of Middle East & Africa Algae Market, by Sources
- Brown Algae
- Blue Algae
- Green Algae
- Red Algae
- Other Sources (Yellow-Brown and Golden Algae)
- Rest of Middle East & Africa Algae Market, by Forms
- Solid
- Liquid
- Rest of Middle East & Africa Algae Market, by Types
-
Middle East & Africa Algae Market, by Types
- North America
FAQ
Frequently Asked Question
What is the global demand for Algae in terms of revenue?
-
The global Algae valued at USD 20.94 Billion in 2022 and is expected to reach USD 45.55 Billion in 2030 growing at a CAGR of 10.20%.
Which are the prominent players in the market?
-
The prominent players in the market are Cynotech Corporation (US), Algenol (US), FEMICO (Taiwan), Algae Health Science (US), Pond Technologies Holdings Inc. (Canada), Earthrise Nutritional (US).
At what CAGR is the market projected to grow within the forecast period?
-
The market is project to grow at a CAGR of 10.20% between 2023 and 2030.
What are the driving factors fueling the growth of the market.
-
The driving factors of the Algae include
- Consumer awareness regarding the health benefits of Omega-3
Which region accounted for the largest share in the market?
-
Asia Pacific was the leading regional segment of the Algae in 2022.