
The global Microalgae market size is predicted to grow from US$ 319 million in 2025 to US$ 452 million in 2031; it is expected to grow at a CAGR of 6.0% from 2025 to 2031.
Microphytes or microalgae are microscopic algae, typically found in freshwater and marine systems living in both the water column and sediment. They are unicellular species which exist individually, or in chains or groups. Depending on the species, their sizes can range from a few micrometers (µm) to a few hundreds of micrometers. Unlike higher plants, microalgae do not have roots, stems, or leaves.
Global microalgae key players are DIC Corporation, Cyanotech Corporation, Algaetech Group etc. Top 5 companies occupied about 45% market share.China is the largest market with about 35% market share. North America is follower, accounting for about 20% market share.In terms of product, spirulina is the largest segment, with a share about 60%. And in terms of application, the largest application is health, followed by feed.
The “Microalgae Industry Forecast” looks at past sales and reviews total world Microalgae sales in 2024, providing a comprehensive analysis by region and market sector of projected Microalgae sales for 2025 through 2031. With Microalgae sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Microalgae industry.
This Insight Report provides a comprehensive analysis of the global Microalgae landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Microalgae portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Microalgae market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Microalgae and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Microalgae.
This report presents a comprehensive overview, market shares, and growth opportunities of Microalgae market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Spirulina
Dunaliella Salina
Chlorella
Aphanocapsa
Other
Segmentation by Application:
Health
Food
Feed
Energy
Other
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
DIC Corporation
Cyanotech Corporation
Algaetech Group
TAAU Australia
Fuqing King Dnarmsa Spirulina
Shengbada Biology
Green A Biological
Dongtai City Spirulina Bio-Engineering
Alltech
Parry Nutraceuticals
BlueBioTech
Roquette
Allma (Allmicroalgae)
Global EcoPower (Cyane)
Archimede Ricerche
AlgaEnergy
Phycom
Necton
Chenghai Bao ER
Dongying Haifu Biological
Key Questions Addressed in this Report
What is the 10-year outlook for the global Microalgae market?
What factors are driving Microalgae market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Microalgae market opportunities vary by end market size?
How does Microalgae break out by Type, by Application?
Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.
1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Microalgae Annual Sales 2020-2031
2.1.2 World Current & Future Analysis for Microalgae by Geographic Region, 2020, 2024 & 2031
2.1.3 World Current & Future Analysis for Microalgae by Country/Region, 2020, 2024 & 2031
2.2 Microalgae Segment by Type
2.2.1 Spirulina
2.2.2 Dunaliella Salina
2.2.3 Chlorella
2.2.4 Aphanocapsa
2.2.5 Other
2.3 Microalgae Sales by Type
2.3.1 Global Microalgae Sales Market Share by Type (2020-2025)
2.3.2 Global Microalgae Revenue and Market Share by Type (2020-2025)
2.3.3 Global Microalgae Sale Price by Type (2020-2025)
2.4 Microalgae Segment by Application
2.4.1 Health
2.4.2 Food
2.4.3 Feed
2.4.4 Energy
2.4.5 Other
2.5 Microalgae Sales by Application
2.5.1 Global Microalgae Sale Market Share by Application (2020-2025)
2.5.2 Global Microalgae Revenue and Market Share by Application (2020-2025)
2.5.3 Global Microalgae Sale Price by Application (2020-2025)
3 Global by Company
3.1 Global Microalgae Breakdown Data by Company
3.1.1 Global Microalgae Annual Sales by Company (2020-2025)
3.1.2 Global Microalgae Sales Market Share by Company (2020-2025)
3.2 Global Microalgae Annual Revenue by Company (2020-2025)
3.2.1 Global Microalgae Revenue by Company (2020-2025)
3.2.2 Global Microalgae Revenue Market Share by Company (2020-2025)
3.3 Global Microalgae Sale Price by Company
3.4 Key Manufacturers Microalgae Producing Area Distribution, Sales Area, Product Type
3.4.1 Key Manufacturers Microalgae Product Location Distribution
3.4.2 Players Microalgae Products Offered
3.5 Market Concentration Rate Analysis
3.5.1 Competition Landscape Analysis
3.5.2 Concentration Ratio (CR3, CR5 and CR10) & (2023-2025)
3.6 New Products and Potential Entrants
3.7 Market M&A Activity & Strategy
4 World Historic Review for Microalgae by Geographic Region
4.1 World Historic Microalgae Market Size by Geographic Region (2020-2025)
4.1.1 Global Microalgae Annual Sales by Geographic Region (2020-2025)
4.1.2 Global Microalgae Annual Revenue by Geographic Region (2020-2025)
4.2 World Historic Microalgae Market Size by Country/Region (2020-2025)
4.2.1 Global Microalgae Annual Sales by Country/Region (2020-2025)
4.2.2 Global Microalgae Annual Revenue by Country/Region (2020-2025)
4.3 Americas Microalgae Sales Growth
4.4 APAC Microalgae Sales Growth
4.5 Europe Microalgae Sales Growth
4.6 Middle East & Africa Microalgae Sales Growth
5 Americas
5.1 Americas Microalgae Sales by Country
5.1.1 Americas Microalgae Sales by Country (2020-2025)
5.1.2 Americas Microalgae Revenue by Country (2020-2025)
5.2 Americas Microalgae Sales by Type (2020-2025)
5.3 Americas Microalgae Sales by Application (2020-2025)
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Microalgae Sales by Region
6.1.1 APAC Microalgae Sales by Region (2020-2025)
6.1.2 APAC Microalgae Revenue by Region (2020-2025)
6.2 APAC Microalgae Sales by Type (2020-2025)
6.3 APAC Microalgae Sales by Application (2020-2025)
6.4 China
6.5 Japan
6.6 South Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
6.10 China Taiwan
7 Europe
7.1 Europe Microalgae by Country
7.1.1 Europe Microalgae Sales by Country (2020-2025)
7.1.2 Europe Microalgae Revenue by Country (2020-2025)
7.2 Europe Microalgae Sales by Type (2020-2025)
7.3 Europe Microalgae Sales by Application (2020-2025)
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Microalgae by Country
8.1.1 Middle East & Africa Microalgae Sales by Country (2020-2025)
8.1.2 Middle East & Africa Microalgae Revenue by Country (2020-2025)
8.2 Middle East & Africa Microalgae Sales by Type (2020-2025)
8.3 Middle East & Africa Microalgae Sales by Application (2020-2025)
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Manufacturing Cost Structure Analysis
10.1 Raw Material and Suppliers
10.2 Manufacturing Cost Structure Analysis of Microalgae
10.3 Manufacturing Process Analysis of Microalgae
10.4 Industry Chain Structure of Microalgae
11 Marketing, Distributors and Customer
11.1 Sales Channel
11.1.1 Direct Channels
11.1.2 Indirect Channels
11.2 Microalgae Distributors
11.3 Microalgae Customer
12 World Forecast Review for Microalgae by Geographic Region
12.1 Global Microalgae Market Size Forecast by Region
12.1.1 Global Microalgae Forecast by Region (2026-2031)
12.1.2 Global Microalgae Annual Revenue Forecast by Region (2026-2031)
12.2 Americas Forecast by Country (2026-2031)
12.3 APAC Forecast by Region (2026-2031)
12.4 Europe Forecast by Country (2026-2031)
12.5 Middle East & Africa Forecast by Country (2026-2031)
12.6 Global Microalgae Forecast by Type (2026-2031)
12.7 Global Microalgae Forecast by Application (2026-2031)
13 Key Players Analysis
13.1 DIC Corporation
13.1.1 DIC Corporation Company Information
13.1.2 DIC Corporation Microalgae Product Portfolios and Specifications
13.1.3 DIC Corporation Microalgae Sales, Revenue, Price and Gross Margin (2020-2025)
13.1.4 DIC Corporation Main Business Overview
13.1.5 DIC Corporation Latest Developments
13.2 Cyanotech Corporation
13.2.1 Cyanotech Corporation Company Information
13.2.2 Cyanotech Corporation Microalgae Product Portfolios and Specifications
13.2.3 Cyanotech Corporation Microalgae Sales, Revenue, Price and Gross Margin (2020-2025)
13.2.4 Cyanotech Corporation Main Business Overview
13.2.5 Cyanotech Corporation Latest Developments
13.3 Algaetech Group
13.3.1 Algaetech Group Company Information
13.3.2 Algaetech Group Microalgae Product Portfolios and Specifications
13.3.3 Algaetech Group Microalgae Sales, Revenue, Price and Gross Margin (2020-2025)
13.3.4 Algaetech Group Main Business Overview
13.3.5 Algaetech Group Latest Developments
13.4 TAAU Australia
13.4.1 TAAU Australia Company Information
13.4.2 TAAU Australia Microalgae Product Portfolios and Specifications
13.4.3 TAAU Australia Microalgae Sales, Revenue, Price and Gross Margin (2020-2025)
13.4.4 TAAU Australia Main Business Overview
13.4.5 TAAU Australia Latest Developments
13.5 Fuqing King Dnarmsa Spirulina
13.5.1 Fuqing King Dnarmsa Spirulina Company Information
13.5.2 Fuqing King Dnarmsa Spirulina Microalgae Product Portfolios and Specifications
13.5.3 Fuqing King Dnarmsa Spirulina Microalgae Sales, Revenue, Price and Gross Margin (2020-2025)
13.5.4 Fuqing King Dnarmsa Spirulina Main Business Overview
13.5.5 Fuqing King Dnarmsa Spirulina Latest Developments
13.6 Shengbada Biology
13.6.1 Shengbada Biology Company Information
13.6.2 Shengbada Biology Microalgae Product Portfolios and Specifications
13.6.3 Shengbada Biology Microalgae Sales, Revenue, Price and Gross Margin (2020-2025)
13.6.4 Shengbada Biology Main Business Overview
13.6.5 Shengbada Biology Latest Developments
13.7 Green A Biological
13.7.1 Green A Biological Company Information
13.7.2 Green A Biological Microalgae Product Portfolios and Specifications
13.7.3 Green A Biological Microalgae Sales, Revenue, Price and Gross Margin (2020-2025)
13.7.4 Green A Biological Main Business Overview
13.7.5 Green A Biological Latest Developments
13.8 Dongtai City Spirulina Bio-Engineering
13.8.1 Dongtai City Spirulina Bio-Engineering Company Information
13.8.2 Dongtai City Spirulina Bio-Engineering Microalgae Product Portfolios and Specifications
13.8.3 Dongtai City Spirulina Bio-Engineering Microalgae Sales, Revenue, Price and Gross Margin (2020-2025)
13.8.4 Dongtai City Spirulina Bio-Engineering Main Business Overview
13.8.5 Dongtai City Spirulina Bio-Engineering Latest Developments
13.9 Alltech
13.9.1 Alltech Company Information
13.9.2 Alltech Microalgae Product Portfolios and Specifications
13.9.3 Alltech Microalgae Sales, Revenue, Price and Gross Margin (2020-2025)
13.9.4 Alltech Main Business Overview
13.9.5 Alltech Latest Developments
13.10 Parry Nutraceuticals
13.10.1 Parry Nutraceuticals Company Information
13.10.2 Parry Nutraceuticals Microalgae Product Portfolios and Specifications
13.10.3 Parry Nutraceuticals Microalgae Sales, Revenue, Price and Gross Margin (2020-2025)
13.10.4 Parry Nutraceuticals Main Business Overview
13.10.5 Parry Nutraceuticals Latest Developments
13.11 BlueBioTech
13.11.1 BlueBioTech Company Information
13.11.2 BlueBioTech Microalgae Product Portfolios and Specifications
13.11.3 BlueBioTech Microalgae Sales, Revenue, Price and Gross Margin (2020-2025)
13.11.4 BlueBioTech Main Business Overview
13.11.5 BlueBioTech Latest Developments
13.12 Roquette
13.12.1 Roquette Company Information
13.12.2 Roquette Microalgae Product Portfolios and Specifications
13.12.3 Roquette Microalgae Sales, Revenue, Price and Gross Margin (2020-2025)
13.12.4 Roquette Main Business Overview
13.12.5 Roquette Latest Developments
13.13 Allma (Allmicroalgae)
13.13.1 Allma (Allmicroalgae) Company Information
13.13.2 Allma (Allmicroalgae) Microalgae Product Portfolios and Specifications
13.13.3 Allma (Allmicroalgae) Microalgae Sales, Revenue, Price and Gross Margin (2020-2025)
13.13.4 Allma (Allmicroalgae) Main Business Overview
13.13.5 Allma (Allmicroalgae) Latest Developments
13.14 Global EcoPower (Cyane)
13.14.1 Global EcoPower (Cyane) Company Information
13.14.2 Global EcoPower (Cyane) Microalgae Product Portfolios and Specifications
13.14.3 Global EcoPower (Cyane) Microalgae Sales, Revenue, Price and Gross Margin (2020-2025)
13.14.4 Global EcoPower (Cyane) Main Business Overview
13.14.5 Global EcoPower (Cyane) Latest Developments
13.15 Archimede Ricerche
13.15.1 Archimede Ricerche Company Information
13.15.2 Archimede Ricerche Microalgae Product Portfolios and Specifications
13.15.3 Archimede Ricerche Microalgae Sales, Revenue, Price and Gross Margin (2020-2025)
13.15.4 Archimede Ricerche Main Business Overview
13.15.5 Archimede Ricerche Latest Developments
13.16 AlgaEnergy
13.16.1 AlgaEnergy Company Information
13.16.2 AlgaEnergy Microalgae Product Portfolios and Specifications
13.16.3 AlgaEnergy Microalgae Sales, Revenue, Price and Gross Margin (2020-2025)
13.16.4 AlgaEnergy Main Business Overview
13.16.5 AlgaEnergy Latest Developments
13.17 Phycom
13.17.1 Phycom Company Information
13.17.2 Phycom Microalgae Product Portfolios and Specifications
13.17.3 Phycom Microalgae Sales, Revenue, Price and Gross Margin (2020-2025)
13.17.4 Phycom Main Business Overview
13.17.5 Phycom Latest Developments
13.18 Necton
13.18.1 Necton Company Information
13.18.2 Necton Microalgae Product Portfolios and Specifications
13.18.3 Necton Microalgae Sales, Revenue, Price and Gross Margin (2020-2025)
13.18.4 Necton Main Business Overview
13.18.5 Necton Latest Developments
13.19 Chenghai Bao ER
13.19.1 Chenghai Bao ER Company Information
13.19.2 Chenghai Bao ER Microalgae Product Portfolios and Specifications
13.19.3 Chenghai Bao ER Microalgae Sales, Revenue, Price and Gross Margin (2020-2025)
13.19.4 Chenghai Bao ER Main Business Overview
13.19.5 Chenghai Bao ER Latest Developments
13.20 Dongying Haifu Biological
13.20.1 Dongying Haifu Biological Company Information
13.20.2 Dongying Haifu Biological Microalgae Product Portfolios and Specifications
13.20.3 Dongying Haifu Biological Microalgae Sales, Revenue, Price and Gross Margin (2020-2025)
13.20.4 Dongying Haifu Biological Main Business Overview
13.20.5 Dongying Haifu Biological Latest Developments
14 Research Findings and Conclusion
*If Applicable.
