Algae Ingredients Market Size

Statistics for the 2022 & 2023 Algae Ingredients market size, created by Mordor Intelligence™ Industry Reports. Algae Ingredients size report includes a market forecast to 2028 and historical overview. Get a sample of this industry size analysis as a free report PDF download.

Market Size of Algae Ingredients Industry

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Study Period 2018 - 2028
Base Year For Estimation 2022
CAGR 8.11 %
Fastest Growing Market Asia Pacific
Largest Market North America
Market Concentration Low

Major Players


*Disclaimer: Major Players sorted in no particular order


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Algae Ingredients Market Analysis

The global algae Ingredients Market is expected to register a CAGR of 8.11% during the forecast period, 2020 to 2025.

  • Algae-based ingredients consist of essential fatty acids that have a broad range of health benefits, including cardiovascular, eye and brain health, for which it is widely used in the various end-user applications, like dietary supplements, infant nutrition, functional food and beverages, and pharmaceutical and clinical nutrition.
  • The global market for algae-based ingredients industry is dynamic and highly fragmented, with numerous small and domestic players occupying a major chunk of the global market share.