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Algae Meal Market Share

Report ID: GMI6905
Published Date: Oct 2023
Report Format: PDF

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Algae Meal Market Share

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

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.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

The market size of algae meal was worth USD 6.9 billion in 2022 and is estimated to reach USD 12 billion by 2032, favored by the increasing demand for eco-friendly and nutritious substitutes in animal feeding.

Red Algae segment accounted for USD 2.4 billion in 2022 and will witness high demand due to their numerous nutritional properties and usage in many industries like foods, drugs, biotechnological among others.

U.S. algae meal industry was worth USD 1.6 billion in 2022 and is anticipated to expand at a significant pace from 2023 to 2032, with the region being the largest producer of algae meal and advance technology, leading to various algae researches for commercial use.

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.