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Some of the key companies include :
The market size of algae fats was worth USD 280 million in 2022 and will expand more than 5% CAGR from 2023 to 2032.
Food-grade algae fats market size will depict a 5.5% CAGR between 2023 and 2032, driven by the increasing demand for plant-based Omega-3 supplements.
Batory Foods, ADM, PLT Health Solutions, AGT Food, and Ingredients, Cyanotech Corporation, Cargill, Inc., Earthrise Nutritional, and Ingredion Inc. are some of the major manufacturers of algae fats.
Europe market valued at USD 61.5 million in 2022, due to the growing preference for vegan diets and plant-based alternatives.