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Dunaliella Salina Market Trends

Report ID: GMI6358
Published Date: Jul 2023
Report Format: PDF

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Dunaliella Salina Market Trends

The ongoing R&D efforts on dunaliella salina are leading to innovations in cultivation techniques and product formulations, enhancing the microalgae's applications across various sector. Additionally, strategic partnerships & collaborations between key players in the industry are fostering knowledge exchange and market penetration, opening new avenues for dunaliella salina products worldwide. These trends collectively indicate a promising future for the market, fueled by the growing preference for sustainable and health-enhancing solutions across diverse sectors.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

The market size for dunaliella salina was reached USD 88 million in 2022 and is projected to grow at a CAGR of 4.4% during 2023 and 2032. Driven by the product usage in aquaculture and animal feed applications.

The dunaliella salina market share from cosmetics & personal care products application is poised to grow over 2023-2032, owing to the product utilization as a valuable natural ingredient.

North America dunaliella salina industry value was worth more than USD 20 million in 2022 and is reckoned to showcase impressive growth trends through 2032, owing to the increasing focus on health & wellness, coupled with the thriving aquaculture and animal feed industries in the region.

Algatechnologies Ltd., Cyanotech Corporation, Nutress B.V., Plankton Australia Pty Ltd., Shanghai Haoyue Group Co., Ltd., EID Parry (India) Ltd., New Shores Holdings Limited, Aquapharm Biodiscovery, Parry Nutraceuticals, and Borregaard LignoTech among others.