Algae Products Market Share

Statistics for the 2023 & 2024 Algae Products market share, created by Mordor Intelligence™ Industry Reports. Algae Products share report includes a market forecast to 2029 and historical overview. Get a sample of this industry share analysis as a free report PDF download.

Market Share of Algae Products Industry

Major global players account for a significant market share, such as Kerry, Cargill, ADM, and ACCEL Carrageenan. Most manufacturers are focusing on expanding their current production capacities by increasing sales in various developing regions as the market in these regions is not consolidated by major players. The companies are also focusing on developing new techniques of storage and production in the market's dietary supplement segment. The key players are also planning to strengthen their distribution relationships with firms across various regions to leverage the customer base for future product launches. For instance, in October 2021, CP Kelco announced the expansion of its distribution relationship with Azelis in Europe and Middle East & Africa. The new distribution scope extension names Azelis as the exclusive distribution partner of CP Kelco across numerous countries and market segments.

Algae Products Market Leaders

  1. Archer Daniels Midland Company

  2. ACCEL Carrageenan Corporation

  3. Cargill, Incorporated

  4. BASF SE

  5. Koninklijke DSM N.V.

*Disclaimer: Major Players sorted in no particular order

Algae Products Market Concentration

Algae Products Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)