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. Algae Market, Type Segment Analysis
3.2.2. Algae Market, Distribution Channel Segment Analysis
3.2.3. Algae Market, Form Segment Analysis
3.2.4. Algae Market, Application Segment Analysis
3.2.5. Algae Market, Regional Analysis
3.2.6. Key Players
4. Market Insights
4.1. Introduction
4.2. Drivers
4.2.1. Inclination Towards Health & Wellness Trends and Growing Dietary Supplements Industry
4.2.2. Growing Demand for Natural Food Colors
4.2.3. Growing Vegetarianism
4.2.4. Growing Nutraceuticals Industry
4.2.5. Increasing Preference for Algae-sourced Products
4.3. Restraints
4.3.1. Low Awareness of the Benefits of Algae
4.3.2. Complex Production of Algae Products
4.4. Challenge
4.4.1. Risk of Contamination
4.5. Opportunities
4.5.1. Growing Demand for Phycocyanin
4.5.2. Growing Demand for Algae from Bio-refineries
4.6. Trends
4.6.1. Adoption of New Production Technologies (Photobioreactors)
5. Impact of Covid-19 on the Algae Market
6. Global Algae Market, by Type
6.1. Introduction
6.2. Macroalgae/Seaweed
6.2.1. Red Algae
6.2.2. Brown Algae
6.2.3. Green Algae
6.3. Microalgae
6.3.1. Spirulina
6.3.2. Chlorella
6.3.3. Dunaliella Salina
6.3.4. Haematococcus Pluvialis
6.3.5. Other Microalgae
7. Global Algae Market, by Distribution Channel
7.1. Introduction
7.2. Business-to-Business (B2B)
7.3. Business-to-Consumer (B2C)
8. Global Algae Market, by Form
8.1. Introduction
8.2. Dry Form
8.2.1. Algae Powder
8.2.2. Algae Flakes
8.2.3. Other Dried Forms
8.3. Liquid Form
9. Global Algae Market, by Application
9.1. Introduction
9.2. Nutraceuticals
9.3. Food and Beverages
9.4. Animal Feed
9.5. Cosmetics
9.6. Other Applications
10. Algae Market, by Geography
10.1. Introduction
10.2. North America
10.2.1. U.S.
10.2.2. Canada
10.3. Europe
10.3.1. Germany
10.3.2. France
10.3.3. U.K.
10.3.4. Italy
10.3.5. Spain
10.3.6. Rest of Europe (RoE)
10.4. Asia-Pacific
10.4.1. China
10.4.2. India
10.4.3. Japan
10.4.4. Australia
10.4.5. Rest of Asia-Pacific (RoAPAC)
10.5. Latin America
10.5.1. Brazil
10.5.2. Mexico
10.5.3. Rest of Latin America (RoLATAM)
10.6. Middle East and Africa
11. Competitive Landscape
11.1. Introduction
11.2. Key Growth Strategies
11.3. Competitive Benchmarking
12. Company Profiles (Business Overview, Financial Overview, Product Portfolio, and Strategic Developments)
12.1. Fuqing King Dnarmsa Spirulina Co.Ltd.
12.2. Earthrise Nutritionals, LLC
12.3. E.I.D. - Parry (India) Limited
12.4. Cyanotech Corporation
12.5. Seaweed & Co.
12.6. Green Rise Agro Industries
12.7. Ocean Rainforest Sp/F
12.8. Inner Mongolia Rejuve Biotech Co., Ltd.
12.9. Zhejiang Binmei Biotechnology Co., Ltd.
12.10. Bluetec Naturals Co., Ltd.
12.11. Taiwan Chlorella Manufacturing Company (TCMC)
12.12. Sun Chlorella Corporation
12.13. Far East Algae Industries, Co., Ltd.
12.14. Roquette Klötze GmbH & Co. KG
12.15. Gong Bih Enterprise Co., Ltd.
12.16. Yaeyama Shokusan Co., Ltd.
12.17. Vedan Biotechnology Corporation
12.18. AlgoSource
12.19. Tianjin Norland Biotech Co., Ltd
12.20. Phycom BV
12.21. AllAlgae Natural Products S.A.
12.22. Duplaco B.V.
12.23. Taiwan Wilson Enterprise Inc.
12.24. Daesang Corporation
12.25. Algalimento S.L
13. Appendix
13.1. Questionnaire
13.2. Available Customization
List of Tables
Table 1 Global Algae Market: Impact Analysis of Market Drivers (2023–2030)
Table 2 Global Algae Market: Impact Analysis of Market Restraints (2023–2030)
Table 3 Constraints of Open Cultivation Systems
Table 4 Comparative Features of Algae Cultivation Approaches
Table 5 Characteristics of Four Promising PBRs
Table 6 Production Cost and Specific Energy Consumption for Spirulina Cultivation in Open Ponds and PBR for Different Productivities
Table 7 Global Algae Market Size, by Type, 2021–2030 (USD Million)
Table 8 Global Macroalgae/Seaweed Market Size, by Type, 2021–2030 (USD Million)
Table 9 Global Red Algae Market Size, by Country/Region, 2021–2030 (USD Million)
Table 10 Global Brown Algae Market Size, by Country/Region, 2021–2030 (USD Million)
Table 11 Global Green Algae Market Size, by Country/Region, 2021–2030 (USD Million)
Table 12 Global Microalgae Market Size, by Type, 2021–2030 (USD Million)
Table 13 Global Microalgae Market Size, by Country/Region, 2021–2030 (USD Million)
Table 14 Global Spirulina Market Size, by Country/Region, 2021–2030 (USD Million)
Table 15 Global Chlorella Market Size, by Country/Region, 2021–2030 (USD Million)
Table 16 Global Dunaliella Salina Market Size, by Country/Region, 2021–2030 (USD Million)
Table 17 Global Haematococcus Pluvialis Market Size, by Country/Region, 2021–2030 (USD Million)
Table 18 Global Other Microalgae Market Size, by Country/Region, 2021–2030 (USD Million)
Table 19 Global Algae Market Size, by Distribution Channel, 2021–2030 (USD Million)
Table 20 Global B2B Algae Market Size, by Country/Region, 2021–2030 (USD Million)
Table 21 Global B2C Algae Market Size, by Country/Region, 2021–2030 (USD Million)
Table 22 Global Algae Market Size, by Form, 2021–2030 (USD Million)
Table 23 Global Dry Algae Market Size, by Type, 2021–2030 (USD Million)
Table 24 Global Dry Algae Market Size, by Country/Region, 2021–2030 (USD Million)
Table 25 Global Algae Powder Market Size, by Country/Region, 2021–2030 (USD Million)
Table 26 Global Algae Flakes Market Size, by Country/Region, 2021–2030 (USD Million)
Table 27 Global Algae Market Size for Other Dried Form, by Country/Region, 2021–2030 (USD Million)
Table 28 Global Liquid Algae Market Size, by Country/Region, 2021–2030 (USD Million)
Table 29 Global Algae Market Size, by Application, 2021–2030 (USD Million)
Table 30 Global Algae Market Size for Nutraceuticals, by Country/Region, 2021–2030 (USD Million)
Table 31 Protein Content Comparison Between Spirulina and Other Foods
Table 32 Global Algae Market Size for Food and Beverages, by Country/Region, 2021–2030 (USD Million)
Table 33 Global Algae Market Size for Animal Feed, by Country/Region, 2021–2030 (USD Million)
Table 34 Global Algae Market Size for Cosmetics, by Country/Region, 2021–2030 (USD Million)
Table 35 Lipid Content and Productivities of Chlorella
Table 36 Global Algae Market Size for Other Applications, by Country/Region, 2021–2030 (USD Million)
Table 37 Global Algae Market Size, by Region, 2021–2030 (USD Million)
Table 38 North America: Algae Market Size, by Country, 2021–2030 (USD Million)
Table 39 North America: Algae Market Size, by Type, 2021–2030 (USD Million)
Table 40 North America: Macroalgae Market Size, by Type, 2021–2030 (USD Million)
Table 41 North America: Microalgae Market Size, by Type, 2021–2030 (USD Million)
Table 42 North America: Algae Market Size, by Distribution Channel, 2021–2030 (USD Million)
Table 43 North America: Algae Market Size, by Form, 2021–2030 (USD Million)
Table 44 North America: Dry Algae Market Size, by Type, 2021–2030 (USD Million)
Table 45 North America: Algae Market Size, by Application, 2021–2030 (USD Million)
Table 46 U.S.: Algae Market Size, by Type, 2021–2030 (USD Million)
Table 47 U.S.: Macroalgae Market Size, by Type, 2021–2030 (USD Million)
Table 48 U.S.: Microalgae Market Size, by Type, 2021–2030 (USD Million)
Table 49 U.S.: Algae Market Size, by Distribution Channel, 2021–2030 (USD Million)
Table 50 U.S.: Algae Market Size, by Form, 2021–2030 (USD Million)
Table 51 U.S.: Dry Algae Market Size, by Type, 2021–2030 (USD Million)
Table 52 U.S.: Algae Market Size, by Application, 2021–2030 (USD Million)
Table 53 Canada: Algae Market Size, by Type, 2021–2030 (USD Million)
Table 54 Canada: Macroalgae Market Size, by Type, 2021–2030 (USD Million)
Table 55 Canada: Microalgae Market Size, by Type, 2021–2030 (USD Million)
Table 56 Canada: Algae Market Size, by Distribution Channel, 2021–2030 (USD Million)
Table 57 Canada: Algae Market Size, by Form, 2021–2030 (USD Million)
Table 58 Canada: Dry Algae Market Size, by Type, 2021–2030 (USD Million)
Table 59 Canada: Algae Market Size, by Application, 2021–2030 (USD Million)
Table 60 Europe: Algae Market Size, by Country, 2021–2030 (USD Million)
Table 61 Europe: Algae Market Size, by Type, 2021–2030 (USD Million)
Table 62 Europe: Macroalgae Market Size, by Type, 2021–2030 (USD Million)
Table 63 Europe: Microalgae Market Size, by Type, 2021–2030 (USD Million)
Table 64 Europe: Algae Market Size, by Distribution Channel, 2021–2030 (USD Million)
Table 65 Europe: Algae Market Size, by Form, 2021–2030 (USD Million)
Table 66 Europe: Dry Algae Market Size, by Type, 2021–2030 (USD Million)
Table 67 Europe: Algae Market Size, by Application, 2021–2030 (USD Million)
Table 68 Germany: Algae Market Size, by Type, 2021–2030 (USD Million)
Table 69 Germany: Macroalgae Market Size, by Type, 2021–2030 (USD Million)
Table 70 Germany: Microalgae Market Size, by Type, 2021–2030 (USD Million)
Table 71 Germany: Algae Market Size, by Distribution Channel, 2021–2030 (USD Million)
Table 72 Germany: Algae Market Size, by Form, 2021–2030 (USD Million)
Table 73 Germany: Dry Algae Market Size, by Type, 2021–2030 (USD Million)
Table 74 Germany: Algae Market Size, by Application, 2021–2030 (USD Million)
Table 75 France: Algae Market Size, by Type, 2021–2030 (USD Million)
Table 76 France: Macroalgae Market Size, by Type, 2021–2030 (USD Million)
Table 77 France: Microalgae Market Size, by Type, 2021–2030 (USD Million)
Table 78 France: Algae Market Size, by Distribution Channel, 2021–2030 (USD Million)
Table 79 France: Algae Market Size, by Form, 2021–2030 (USD Million)
Table 80 France: Dry Algae Market Size, by Type, 2021–2030 (USD Million)
Table 81 France: Algae Market Size, by Application, 2021–2030 (USD Million)
Table 82 U.K.: Algae Market Size, by Type, 2021–2030 (USD Million)
Table 83 U.K.: Macroalgae Market Size, by Type, 2021–2030 (USD Million)
Table 84 U.K.: Microalgae Market Size, by Type, 2021–2030 (USD Million)
Table 85 U.K.: Algae Market Size, by Distribution Channel, 2021–2030 (USD Million)
Table 86 U.K.: Algae Market Size, by Form, 2021–2030 (USD Million)
Table 87 U.K.: Dry Algae Market Size, by Type, 2021–2030 (USD Million)
Table 88 U.K.: Algae Market Size, by Application, 2021–2030 (USD Million)
Table 89 Italy: Algae Market Size, by Type, 2021–2030 (USD Million)
Table 90 Italy: Macroalgae Market Size, by Type, 2021–2030 (USD Million)
Table 91 Italy: Microalgae Market Size, by Type, 2021–2030 (USD Million)
Table 92 Italy: Algae Market Size, by Distribution Channel, 2021–2030 (USD Million)
Table 93 Italy: Algae Market Size, by Form, 2021–2030 (USD Million)
Table 94 Italy: Dry Algae Market Size, by Type, 2021–2030 (USD Million)
Table 95 Italy: Algae Market Size, by Application, 2021–2030 (USD Million)
Table 96 Spain: Algae Market Size, by Type, 2021–2030 (USD Million)
Table 97 Spain: Macroalgae Market Size, by Type, 2021–2030 (USD Million)
Table 98 Spain: Microalgae Market Size, by Type, 2021–2030 (USD Million)
Table 99 Spain: Algae Market Size, by Distribution Channel, 2021–2030 (USD Million)
Table 100 Spain: Algae Market Size, by Form, 2021–2030 (USD Million)
Table 101 Spain: Dry Algae Market Size, by Type, 2021–2030 (USD Million)
Table 102 Spain: Algae Market Size, by Application, 2021–2030 (USD Million)
Table 103 Rest of Europe: Algae Market Size, by Type, 2021–2030 (USD Million)
Table 104 Rest of Europe: Macroalgae Market Size, by Type, 2021–2030 (USD Million)
Table 105 Rest of Europe: Microalgae Market Size, by Type, 2021–2030 (USD Million)
Table 106 Rest of Europe: Algae Market Size, by Distribution Channel, 2021–2030 (USD Million)
Table 107 Rest of Europe: Algae Market Size, by Form, 2021–2030 (USD Million)
Table 108 Rest of Europe: Dry Algae Market Size, by Type, 2021–2030 (USD Million)
Table 109 Rest of Europe: Algae Market Size, by Application, 2021–2030 (USD Million)
Table 110 Asia-Pacific: Algae Market Size, by Country, 2021–2030 (USD Million)
Table 111 Asia-Pacific: Algae Market Size, by Type, 2021–2030 (USD Million)
Table 112 Asia-Pacific: Macroalgae Market Size, by Type, 2021–2030 (USD Million)
Table 113 Asia-Pacific: Microalgae Market Size, by Type, 2021–2030 (USD Million)
Table 114 Asia-Pacific: Algae Market Size, by Distribution Channel, 2021–2030 (USD Million)
Table 115 Asia-Pacific: Algae Market Size, by Form, 2021–2030 (USD Million)
Table 116 Asia-Pacific: Dry Algae Market Size, by Type, 2021–2030 (USD Million)
Table 117 Asia-Pacific: Algae Market Size, by Application, 2021–2030 (USD Million)
Table 118 China: Algae Market Size, by Type, 2021–2030 (USD Million)
Table 119 China: Macroalgae Market Size, by Type, 2021–2030 (USD Million)
Table 120 China: Microalgae Market Size, by Type, 2021–2030 (USD Million)
Table 121 China: Algae Market Size, by Distribution Channel, 2021–2030 (USD Million)
Table 122 China: Algae Market Size, by Form, 2021–2030 (USD Million)
Table 123 China: Dry Algae Market Size, by Type, 2021–2030 (USD Million)
Table 124 China: Algae Market Size, by Application, 2021–2030 (USD Million)
Table 125 India: Algae Market Size, by Type, 2021–2030 (USD Million)
Table 126 India: Macroalgae Market Size, by Type, 2021–2030 (USD Million)
Table 127 India: Microalgae Market Size, by Type, 2021–2030 (USD Million)
Table 128 India: Algae Market Size, by Distribution Channel, 2021–2030 (USD Million)
Table 129 India: Algae Market Size, by Form, 2021–2030 (USD Million)
Table 130 India: Dry Algae Market Size, by Type, 2021–2030 (USD Million)
Table 131 India: Algae Market Size, by Application, 2021–2030 (USD Million)
Table 132 Japan: Algae Market Size, by Type, 2021–2030 (USD Million)
Table 133 Japan: Macroalgae Market Size, by Type, 2021–2030 (USD Million)
Table 134 Japan: Microalgae Market Size, by Type, 2021–2030 (USD Million)
Table 135 Japan: Algae Market Size, by Distribution Channel, 2021–2030 (USD Million)
Table 136 Japan: Algae Market Size, by Form, 2021–2030 (USD Million)
Table 137 Japan: Dry Algae Market Size, by Type, 2021–2030 (USD Million)
Table 138 Japan: Algae Market Size, by Application, 2021–2030 (USD Million)
Table 139 Australia: Algae Market Size, by Type, 2021–2030 (USD Million)
Table 140 Australia: Macroalgae Market Size, by Type, 2021–2030 (USD Million)
Table 141 Australia: Microalgae Market Size, by Type, 2021–2030 (USD Million)
Table 142 Australia: Algae Market Size, by Distribution Channel, 2021–2030 (USD Million)
Table 143 Australia: Algae Market Size, by Form, 2021–2030 (USD Million)
Table 144 Australia: Dry Algae Market Size, by Type, 2021–2030 (USD Million)
Table 145 Australia: Algae Market Size, by Application, 2021–2030 (USD Million)
Table 146 RoAPAC: Algae Market Size, by Type, 2021–2030 (USD Million)
Table 147 RoAPAC: Macroalgae Market Size, by Type, 2021–2030 (USD Million)
Table 148 RoAPAC: Microalgae Market Size, by Type, 2021–2030 (USD Million)
Table 149 RoAPAC: Algae Market Size, by Distribution Channel, 2021–2030 (USD Million)
Table 150 RoAPAC: Algae Market Size, by Form, 2021–2030 (USD Million)
Table 151 RoAPAC: Dry Algae Market Size, by Type, 2021–2030 (USD Million)
Table 152 RoAPAC: Algae Market Size, by Application, 2021–2030 (USD Million)
Table 153 Latin America: Algae Market Size, by Country, 2021–2030 (USD Million)
Table 154 Latin America: Algae Market Size, by Type, 2021–2030 (USD Million)
Table 155 Latin America: Macroalgae Market Size, by Type, 2021–2030 (USD Million)
Table 156 Latin America: Microalgae Market Size, by Type, 2021–2030 (USD Million)
Table 157 Latin America: Algae Market Size, by Distribution Channel, 2021–2030 (USD Million)
Table 158 Latin America: Algae Market Size, by Form, 2021–2030 (USD Million)
Table 159 Latin America: Dry Algae Market Size, by Type, 2021–2030 (USD Million)
Table 160 Latin America: Algae Market Size, by Application, 2021–2030 (USD Million)
Table 161 Brazil: Algae Market Size, by Type, 2021–2030 (USD Million)
Table 162 Brazil: Macroalgae Market Size, by Type, 2021–2030 (USD Million)
Table 163 Brazil: Microalgae Market Size, by Type, 2021–2030 (USD Million)
Table 164 Brazil: Algae Market Size, by Distribution Channel, 2021–2030 (USD Million)
Table 165 Brazil: Algae Market Size, by Form, 2021–2030 (USD Million)
Table 166 Brazil: Dry Algae Market Size, by Type, 2021–2030 (USD Million)
Table 167 Brazil: Algae Market Size, by Application, 2021–2030 (USD Million)
Table 168 Mexico: Algae Market Size, by Type, 2021–2030 (USD Million)
Table 169 Mexico: Macroalgae Market Size, by Type, 2021–2030 (USD Million)
Table 170 Mexico: Microalgae Market Size, by Type, 2021–2030 (USD Million)
Table 171 Mexico: Algae Market Size, by Distribution Channel, 2021–2030 (USD Million)
Table 172 Mexico: Algae Market Size, by Form, 2021–2030 (USD Million)
Table 173 Mexico: Dry Algae Market Size, by Type, 2021–2030 (USD Million)
Table 174 Mexico: Algae Market Size, by Application, 2021–2030 (USD Million)
Table 175 RoLATAM: Algae Market Size, by Type, 2021–2030 (USD Million)
Table 176 RoLATAM: Macroalgae Market Size, by Type, 2021–2030 (USD Million)
Table 177 RoLATAM: Microalgae Market Size, by Type, 2021–2030 (USD Million)
Table 178 RoLATAM: Algae Market Size, by Distribution Channel, 2021–2030 (USD Million)
Table 179 RoLATAM: Algae Market Size, by Form, 2021–2030 (USD Million)
Table 180 RoLATAM: Dry Algae Market Size, by Type, 2021–2030 (USD Million)
Table 181 RoLATAM: Algae Market Size, by Application, 2021–2030 (USD Million)
Table 182 Middle East & Africa: Algae Market Size, by Type, 2021–2030 (USD Million)
Table 183 Middle East & Africa: Macroalgae Market Size, by Type, 2021–2030 (USD Million)
Table 184 Middle East & Africa: Microalgae Market Size, by Type, 2021–2030 (USD Million)
Table 185 Middle East & Africa: Algae Market Size, by Distribution Channel, 2021–2030 (USD Million)
Table 186 Middle East & Africa: Algae Market Size, by Form, 2021–2030 (USD Million)
Table 187 Middle East & Africa: Dry Algae Market Size, by Type, 2021–2030 (USD Million)
Table 188 Middle East & Africa: Algae Market Size, by Application, 2021–2030 (USD Million)
List of Figures
Figure 1 Key Stakeholders
Figure 2 Research Process
Figure 3 Key Secondary Sources
Figure 4 Primary Research Techniques
Figure 5 Key Executives Interviewed
Figure 6 Breakdown of Primary Interviews (Supply-Side & Demand-Side)
Figure 7 Market Size Estimation
Figure 8 The Microalgae Segment is Expected to Register the Highest CAGR During Forecast Period of 2023–2030
Figure 9 Business-to-Business (B2B) to Dominate the Algae Market by 2030
Figure 10 The Dry Form Segment to Dominate the Global Algae Market by 2030
Figure 11 Nutraceuticals Segment to Dominate the Algae Market by 2030
Figure 12 Asia-Pacific Dominates the Overall Algae 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 Rate of Vegetarianism, 2021 (%)
Figure 16 Global Algae Market Size, by Type, 2023 VS. 2030 (USD Million)
Figure 17 Global Algae Market Size, by Distribution Channel, 2023 VS. 2030 (USD Million)
Figure 18 Global Algae Market Size, by Form, 2023 VS. 2030 (USD Million)
Figure 19 Global Algae Market Size, by Application, 2023 VS. 2030 (USD Million)
Figure 20 Algae Market Size, by Region, 2023 VS. 2030 (USD Million)
Figure 21 North America: Algae Market Snapshot, 2023
Figure 22 Europe: Algae Market Snapshot, 2023
Figure 23 Asia-Pacific: Algae Market Snapshot, 2023
Figure 24 Latin America: Algae Market Snapshot, 2023
Figure 25 Middle East & Africa: Algae Market Snapshot, 2023
Figure 26 Key Growth Strategies Adopted by Leading Players, 2020–2023
Figure 27 Algae Market: Competitive Benchmarking
Figure 28 Dic Corporation: Financial Overview, 2022
Figure 29 E.I.D. - Parry (India) Limited: Financial Overview, 2022
Figure 30 Cyanotech Corporation: Financial Overview, 2022
Figure 31 Daesang Corporation: Financial Overview, 2022
COVID-19
This report provides pre & post COVID-19 market estimates.