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The Global Microalgae based Products Market size was valued at USD 13.25 Billion in 2023 and the total Microalgae based Products revenue is expected to grow at a CAGR of 8.2% from 2024 to 2030, reaching nearly USD 23.01 Billion by 2030.<br>
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MICROALGAE MARKET GLOBAL ANALYSIS REPORT 2024-30 Published by : Swati, Marketing Head
Market Size & Overview: The global microalgae-based products market is valued at USD 13.25 billion in 2023 and is projected to reach USD 23.01 billion by 2030, growing at a CAGR of 8.2%. These products, derived from various species like Spirulina and Chlorella, are increasingly popular for their health and environmentalbenefits.
Market Growth & Opportunities The demand for sustainable, high-protein food and biofuels, alongside innovations in algae-based products for health and food industries, offers significant growth opportunities. Sample Request
Market Segmentation by Species Type Spirulina Chlorella Dunaliella Salina Others by Category Inorganic Organic
Regional Analysis: North America: Growing demand for plant-based and sustainable products. Europe: Increasing use of microalgaein health products and biofuels. APAC: Rapid growth due to large-scale production facilities in countries like China and India.
Regional Analysis Regional Analysis 2025-2030 South America Middle East and Africa North America Asia Pacific Europe Customized Report Request
Merges and Acquisition Acquisition of algae-based companies for expandingproduct lines. Mergers focused on sustainable algae-based solutionsfor the food industry. Strategicpartnerships to enhance biofuel production using algae. Buy This Report
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