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Single Cell Oil Market Share

Report ID: GMI5435
Published Date: Feb 2023
Report Format: PDF

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Single Cell Oil Market Share

Some of the leading companies involved in the single cell oil market include

DIC Corporation
Cargill Incorporated
Alltech
Goerlich Pharma GmbH
Cellana Inc.
Xiamen Huison Biotech Co., Ltd.

Many of these companies are emphasizing product innovations to gain a competitive edge over other enterprises in the field.

Back in August 2021, DIC Lifetec Co., Ltd, a wholly-owned subsidiary of Japanese chemical firm, DIC Corporation, launched DHA ORIGINS-510. This strategic move helped the company expand its presence in the algae oil market while multiplying its revenue through product sales.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

The industry size of single cell oil held a valuation of over USD 60 million in 2022 and is anticipated to witness over 17.5% CAGR from 2023 to 2032, on account of surging demand for biofuels globally.

The food grade segment is poised to reach USD 380 million by 2032, fueled by its higher tolerance to inhibitory by-products.

The market size for single cell oil in Europe is slated to surpass USD 300 million by 2032, due to the growing automobile, animal feed, and pharmaceutical industries in the region.

The major leaders partaking in the market share include names such as Bioriginal Food & Science Corp, Novosana, Royal DSM NV, The Lubrizol Corporation, and Qingdao Seawit Life Science Co., Ltd.