Table of Content
1. Introduction
1.1. Market Definition
1.2. Market Ecosystem
1.3. Currency
1.4. Key Stakeholders
2. Research Methodology
2.1. Research Process
2.2. Data Collection & Validation
2.2.1. Secondary Research
2.2.2. Primary Research
2.3. Market Assessment
2.3.1. Market Size Estimation
2.3.1.1. Bottom-Up Approach
2.3.1.2. Top-Down Approach
2.3.1.3. Growth Forecast
2.4. Assumptions for the Study
2.5. Limitations for the Study
3. Executive Summary
3.1. Introduction
3.2. Segment Analysis
3.2.1. Microalgae Market, by Type
3.2.2. Microalgae Market, by Production Technique
3.2.3. Microalgae Market, by Distribution Channel
3.2.4. Microalgae Market, by Application
3.3. Microalgae Market, by Regional Analysis
3.4. Competitive Landscape & Market Competitors
4. Market Insights
4.1. Introduction
4.2. Drivers
4.2.1. Consumer Inclination Toward Health & Wellness Trends and the Growing Dietary Supplements Industry
4.2.2. Rising Demand for Natural Food Colors
4.2.3. Increasing Vegetarianism
4.2.4. Growing Nutraceuticals Industry
4.2.5. Increasing Preference for Microalgae-Sourced Products
4.3. Restraints
4.3.1. Global Microalgae Market: Impact Analysis of Market Restraints (2023–2030)
4.3.2. Low Awareness Regarding the Benefits of Microalgae
4.3.3. Complexities in the Production of Algae Products
4.4. Opportunities
4.4.1. Rising Demand for Phycocyanin
4.4.2. Growing Demand for Microalgae Among Biorefineries
4.5. Challenges
4.5.1. Contamination Risks
4.6. Trends
4.6.1. Growing Adoption of New Production Technologies (Photobioreactors)
4.7. Pricing Analysis
5. The Impact of Covid-19 on the Microalgae Market
6. Global Microalgae Market, by Type
6.1. Introduction
6.2. Spirulina
6.3. Chlorella
6.4. Dunaliella Salina
6.5. Haematococcus Pluvialis
6.6. Nannochloropsis
6.7. Other Microalgae
7. Global Microalgae Market, by Production Technique
7.1. Introduction
7.2. Ponds
7.3. Fermenters
7.4. Photobioreactors (PBR)
8. Global Microalgae Market, by Category
8.1. Inorganic
8.2. Organic
9. Global Microalgae Market, by Distribution Channel
9.1. Introduction
9.2. Business Channel (B2B)
9.3. Consumer Channel (B2C)
10. Global Microalgae Market, by Application
10.1. Introduction
10.2. Nutraceuticals
10.3. Food & Beverage
10.4. Animal Feed
10.5. Cosmetics
10.6. Other Applications
11. Microalgae Market, by Geography
11.1. Introduction
11.2. North America
11.2.1. U.S.
11.2.2. Canada
11.3. Europe
11.3.1. Germany
11.3.2. France
11.3.3. U.K.
11.3.4. Italy
11.3.5. Spain
11.3.6. Rest of Europe (RoE)
11.4. Asia-Pacific
11.4.1. China
11.4.2. India
11.4.3. Japan
11.4.4. Australia
11.4.5. Rest of Asia-Pacific (RoAPAC)
11.5. Latin America
11.5.1. Brazil
11.5.2. Mexico
11.5.3. Rest of Latin America (RoLATAM)
11.6. Middle East & Africa
11.6.1. Egypt
11.6.2. Saudi Arabia
11.6.3. South Africa
11.6.4. UAE
11.6.5. Rest of Middle East & Africa
12. Competitive Landscape
12.1. Introduction
12.2. Key Growth Strategies
12.3. Competitive Benchmarking
13. Company Profiles (Business Overview, Financial Overview, Product Portfolio, and Strategic Developments)
13.1. Fuqing King Dnarmsa Spirulina Co., Ltd.
13.2. Earthrise Nutritionals, LLC
13.3. E.I.D. - Parry (India) Limited (A Subsidiary of M/S. Ambadi Investments Limited)
13.4. Cyanotech Corporation
13.5. C.B.N. Bio-Engineering Co., Ltd
13.6. YUNNAN GREEN A BIOLOGICAL PROJECT CO., LTD. (Yunnan Spirin Biotechnology Co. Ltd)
13.7. Jiangshan COMP SPIRULINA CO., LTD.
13.8. Inner Mongolia Rejuve Biotech Co., Ltd.
13.9. Zhejiang Binmei Biotechnology Co., Ltd.
13.10. Bluetec Naturals CO., LTD.
13.11. Taiwan Chlorella Manufacturing Company (TCMC)
13.12. Sun Chlorella Corporation
13.13. Roquette Kl?tze GmbH & Co. KG
13.14. Gong Bih Enterprise Co., Ltd.
13.15. Yaeyama Shokusan Co., Ltd. (Euglena Co Ltd)
13.16. Vedan Biotechnology Corporation
13.17. AlgoSource
13.18. Tianjin Norland Biotech Co., Ltd
13.19. Phycom BV
13.20. Allmicroalgae Natural Products S.A.?
13.21. Aliga Microalgae
13.22. Taiwan Wilson Enterprise Inc.
13.23. Daesang Corporation
13.24. Algalimento SL
13.25. Seagrass Tech Private Limited
13.26. Plankton Australia Pty Limited
13.27. Hangzhou Ouqi Food Co., Ltd.
13.28. Shaanxi Rebecca Bio-Tech Co., Ltd
14. Appendix
14.1. Questionnaire
14.2. Available Customization
List of Figures
Figure 1 Research Process
Figure 2 Key Secondary Sources
Figure 3 Primary Research Techniques
Figure 4 Key Executives Interviewed
Figure 5 Breakdown of Primary Interviews (Supply-Side & Demand-Side)
Figure 6 Market Size Estimation
Figure 7 Spirulina Segment to Dominate the Global Microalgae Market By 2030
Figure 8 Ponds Segment to Dominate the Global Microalgae Market By 2030
Figure 9 Organic Segment is Projected to Grow at Highest CAGR During Forecast Period of 2023–2030
Figure 10 Business Channel (B2B) to Dominate the Microalgae Market By 2030
Figure 11 Nutraceuticals Segment to Dominate the Microalgae Market By 2030
Figure 12 North America Dominates the Overall Microalgae Market, While Europe Leads in Growth
Figure 13 Market Dynamics
Figure 14 The Nutrient Profile of Spirulina Vs. Other Foods
Figure 15 Top Ten Countries With the Highest Proportion of Vegetarians, 2020 (%)
Figure 16 Global Microalgae Market Size, by Type, 2023 Vs. 2030 (USD Million)
Figure 17 Global Microalgae Market Volume, by Type, 2023 Vs. 2030 (Tons)
Figure 18 Global Microalgae Market Size, by Production Technique, 2023 Vs. 2030 (USD Million)
Figure 19 Global Microalgae Market Size, by Category, 2023 Vs. 2030 (USD Million)
Figure 20 Global Microalgae Market Size, by Distribution Channel, 2023 Vs. 2030 (USD Million)
Figure 21 Business Channel for Microalgae
Figure 22 Consumer Channel for Microalgae
Figure 23 Global Microalgae Market Size, by Application, 2023 Vs. 2030 (USD Million)
Figure 24 Nutraceutical Consumption Patterns Across the Globe
Figure 25 Percentage Share of the Aquaculture Industry (2010–2030)
Figure 26 Microalgae Market Size, by Region, 2023 Vs. 2030 (USD Million)
Figure 27 North America: Microalgae Market Snapshot, 2023
Figure 28 Percentage of Adults in the U.S. Taking Dietary Supplements (2019)
Figure 29 Europe: Cosmetic Products Market Size, 2021
Figure 30 Europe: Microalgae Market Snapshot, 2023
Figure 31 Germany: Sales of Organic Food Products, 2018–2020
Figure 32 Asia-Pacific: Microalgae Market Snapshot, 2023
Figure 33 Latin America: Microalgae Market Snapshot, 2023
Figure 34 Middle East & Africa: Microalgae Market Snapshot, 2023
Figure 35 Key Growth Strategies Adopted by Leading Players (2020–2023)
Figure 36 Microalgae Market: Competitive Benchmarking of Key Players, by Type
Figure 37 Dic Lifetec Co., Ltd.: Financial Overview (2020)
Figure 38 E.I.D. - Parry (India) Limited: Financial Overview (2022)
Figure 39 Cyanotech Corporation: Financial Overview (2022)
Figure 40 Daesang Corporation: Financial Overview, (2020)