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Algae Meal Market Share

Report ID: GMI6905
Published Date: Aug 2024
Report Format: PDF

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Algae Meal Market Share

North America Algae Meal Market Size, 2020- 2032 (USD Billion)

Some of the major market players operating in the algae meal industry are Corbion, DSM Nutritional Products, Cellana Inc., Corbion N.V., Archer Daniels Midland Company, AlgaEnergy S.A., Cyanotech Corporation, Roquette Frères, Allmicroalgae - Natural Products S.A., DIC Corporation, E.I.D. - Parry (India) Limited (Subsidiary of Murugappa Group), Corbion Biotech Inc., Guangdong Vantage Oleochemicals Tech. Co., Ltd., FUJIFILM Wako Pure Chemical Corporation, BlueBioTech International GmbH, among others. These players focus on strategic partnerships, new product launch & commercialization for market expansion. Furthermore, these players are heavily investing in research that allows them to introduce innovative products and garner maximum revenue in the market.

Algae Meal Market Companies

Major players operating in the algae meal industry include:

Allmicroalgae - Natural Products S.A.
AlgaEnergy S.A.
Archer Daniels Midland Company
BlueBioTech International GmbH
Cellana Inc.
Corbion
Corbion Biotech Inc.
Corbion N.V.
Cyanotech Corporation
DIC Corporation

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

Algae Meal Market was valued at around USD 7.4 billion in 2023 and is estimated to reach USD 12.7 billion by 2032, favored by the increasing demand for eco-friendly and nutritious substitutes in animal feeding.

Red Algae segment accounted for USD 2.6 billion in 2023 and will generate revenues worth USD 4.3 billion by 2032, due to their exceptional nutritional properties and usage in many industries like foods, drugs, biotechnological among others.

North America algae meal industry was worth USD 2.3 billion in 2023 and is anticipated to reach over USD 3.8 billion by 2032, driven by advanced technological infrastructure, strong R&D capabilities, and a well-established agricultural sector.

Corbion, DSM Nutritional Products, Cellana Inc., Corbion N.V., Archer Daniels Midland Company, AlgaEnergy S.A., Cyanotech Corporation, Roquette Frères, Allmicroalgae - Natural Products S.A., among others.