Algae Products Market Size, Share, Industry, Forecast and Outlook (2024-2031)

Global Algae Products Market reached US$ 5.41 billion in 2022 and is expected to reach US$ 9.16 billion by 2031, growing with a CAGR of 6.2% during the forecast period 2024-2031.

As consumers increasingly prioritize plant-based diets and sustainable food choices, there is growing demand for algae products as a renewable and eco-friendly source of nutrients, proteins, and functional ingredients. Algae-derived ingredients are gaining recognition for their unique nutritional profile and functional properties, including high protein content, essential fatty acids, vitamins, minerals, antioxidants, and bioactive compounds.