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Dunaliella Salina Market Size
- Report ID: GMI6358
- Published Date: Jul 2023
- Report Format: PDF
Dunaliella Salina Market Size
Dunaliella Salina Market size was valued at USD 88 million in 2022 and is projected to grow at a CAGR of over 4.4% during 2023 and 2032. Driven by the product usage in aquaculture and animal feed applications. The increasing cognizance of high nutrient content of dunaliella salina among fish & shrimp farmers, that can enhance the growth and immune response of aquatic organisms, leading to improved yields and overall health, can be listed at the primary growth driver.
Dunaliella Salina Market Growth Drivers & Restraints
The microalgae's rich nutrient profile and potential health benefits have caught the attention of health-conscious individuals seeking natural & sustainable dietary supplements. Nutraceutical companies are capitalizing on this opportunity, incorporating dunaliella salina extracts into various health products such as dietary supplements, functional foods, and beverages. However, the availability of synthetic alternatives and regulatory constraints are restraining the dunaliella salina industry expansion. Also, strict guidelines and requirements imposed by regulatory bodies to ensure safety, quality, and compliance with environmental standards will pose as a significant challenge for industry players.
| Report Attribute | Details |
|---|---|
| Base Year: | 2022 |
| Dunaliella Salina Market Size in 2022: | USD 88 Million |
| Forecast Period: | 2023 to 2032 |
| Forecast Period 2023 to 2032 CAGR: | 4.4% |
| 2032 Value Projection: | USD 135.4 Million |
| Historical Data for: | 2018 to 2022 |
| No. of Pages: | 100 |
| Tables, Charts & Figures: | 89 |
| Segments covered: | By Application, By Region |
| Growth Drivers: |
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| Pitfalls & Challenges: |
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Frequently Asked Questions (FAQ) :
Dunaliella Salina Market Scope
