Microalgae are microscopic organisms that can be found in freshwater, marine and terrestrial environments. They are a type of microorganism that is capable of photosynthesis. Microalgae have been used for centuries as food, feed and fertilizer. The global microalgae market is expected to grow at a CAGR of 7% during the forecast period from 2021 to 2030.
The global microalgae market has been segmented on the basis of type, application and region. On the basis of type, the market has been segmented into Spirulina, Dunaliella Salina, Chlorella and Aphanocapsa. On the basis of application, it has been segmented into pharmaceuticals, feed & food and biofuel. Geographically it has been analyzed across North America (US & Canada), Latin America (Mexico), Europe (Germany & UK), Asia Pacific (China) and Middle East & Africa (Saudi Arabia).
Some Of The Growth Factors Of This Market:
- Microphytes are a type of algae that can be found in freshwater and saltwater environments.
- Microphytes are used for the production of biofuels, food, and pharmaceuticals.
Industry Growth Insights published a new data on “Microphytes (Microalgae) Market”. The research report is titled “Microphytes (Microalgae) Market research by Types (Spirulina, Dunaliella Salina, Chlorella, Aphanocapsa, Other), By Applications (Pharmaceuticals, Feed, Food, Biofuel, Other), By Players/Companies 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), Cyane, Archimede Ricerche, AlgaEnergy, Phycom, Necton, Chenghai Bao ER, Dongying Haifu Biological”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Microphytes (Microalgae) Market Research Report
By Type
Spirulina, Dunaliella Salina, Chlorella, Aphanocapsa, Other
By Application
Pharmaceuticals, Feed, Food, Biofuel, Other
By Companies
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), Cyane, Archimede Ricerche, AlgaEnergy, Phycom, Necton, Chenghai Bao ER, Dongying Haifu Biological
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
234
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
 Industry Outlook.svg)
Global Microphytes (Microalgae) Market Report Segments:
The global Microphytes (Microalgae) market is segmented on the basis of:
Types
Spirulina, Dunaliella Salina, Chlorella, Aphanocapsa, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Pharmaceuticals, Feed, Food, Biofuel, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- 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)
- Cyane
- Archimede Ricerche
- AlgaEnergy
- Phycom
- Necton
- Chenghai Bao ER
- Dongying Haifu Biological
 Market Overview.svg)
Highlights of The Microphytes (Microalgae) Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Spirulina
- Dunaliella Salina
- Chlorella
- Aphanocapsa
- Other
- By Application:
- Pharmaceuticals
- Feed
- Food
- Biofuel
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Microphytes (Microalgae) Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
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 Market Statistics.svg)
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Microphytes are a type of algae that typically have small cells and grow in water with low levels of oxygen. They are used as a food source for fish, shrimp, and other aquatic creatures.
Some of the major players in the microphytes (microalgae) market are 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), Cyane, Archimede Ricerche, AlgaEnergy, Phycom, Necton, Chenghai Bao ER, Dongying Haifu Biological.
The microphytes (microalgae) market is expected to grow at a compound annual growth rate of 7%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Microphytes (Microalgae) Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Microphytes (Microalgae) Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Microphytes (Microalgae) Market - Supply Chain
4.5. Global Microphytes (Microalgae) Market Forecast
4.5.1. Microphytes (Microalgae) Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Microphytes (Microalgae) Market Size (000 Units) and Y-o-Y Growth
4.5.3. Microphytes (Microalgae) Market Absolute $ Opportunity
5. Global Microphytes (Microalgae) Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Microphytes (Microalgae) Market Size and Volume Forecast by Type
5.3.1. Spirulina
5.3.2. Dunaliella Salina
5.3.3. Chlorella
5.3.4. Aphanocapsa
5.3.5. Other
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Microphytes (Microalgae) Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Microphytes (Microalgae) Market Size and Volume Forecast by Application
6.3.1. Pharmaceuticals
6.3.2. Feed
6.3.3. Food
6.3.4. Biofuel
6.3.5. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Microphytes (Microalgae) Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Microphytes (Microalgae) Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Microphytes (Microalgae) Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Microphytes (Microalgae) Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Microphytes (Microalgae) Demand Share Forecast, 2019-2026
9. North America Microphytes (Microalgae) Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Microphytes (Microalgae) Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Microphytes (Microalgae) Market Size and Volume Forecast by Application
9.4.1. Pharmaceuticals
9.4.2. Feed
9.4.3. Food
9.4.4. Biofuel
9.4.5. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Microphytes (Microalgae) Market Size and Volume Forecast by Type
9.7.1. Spirulina
9.7.2. Dunaliella Salina
9.7.3. Chlorella
9.7.4. Aphanocapsa
9.7.5. Other
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Microphytes (Microalgae) Demand Share Forecast, 2019-2026
10. Latin America Microphytes (Microalgae) Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Microphytes (Microalgae) Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Microphytes (Microalgae) Market Size and Volume Forecast by Application
10.4.1. Pharmaceuticals
10.4.2. Feed
10.4.3. Food
10.4.4. Biofuel
10.4.5. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Microphytes (Microalgae) Market Size and Volume Forecast by Type
10.7.1. Spirulina
10.7.2. Dunaliella Salina
10.7.3. Chlorella
10.7.4. Aphanocapsa
10.7.5. Other
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Microphytes (Microalgae) Demand Share Forecast, 2019-2026
11. Europe Microphytes (Microalgae) Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Microphytes (Microalgae) Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Microphytes (Microalgae) Market Size and Volume Forecast by Application
11.4.1. Pharmaceuticals
11.4.2. Feed
11.4.3. Food
11.4.4. Biofuel
11.4.5. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Microphytes (Microalgae) Market Size and Volume Forecast by Type
11.7.1. Spirulina
11.7.2. Dunaliella Salina
11.7.3. Chlorella
11.7.4. Aphanocapsa
11.7.5. Other
11.8. Basis Point Share BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Microphytes (Microalgae) Demand Share, 2019-2026
12. Asia Pacific Microphytes (Microalgae) Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Microphytes (Microalgae) Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Microphytes (Microalgae) Market Size and Volume Forecast by Application
12.4.1. Pharmaceuticals
12.4.2. Feed
12.4.3. Food
12.4.4. Biofuel
12.4.5. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Microphytes (Microalgae) Market Size and Volume Forecast by Type
12.7.1. Spirulina
12.7.2. Dunaliella Salina
12.7.3. Chlorella
12.7.4. Aphanocapsa
12.7.5. Other
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Microphytes (Microalgae) Demand Share, 2019-2026
13. Middle East & Africa Microphytes (Microalgae) Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Microphytes (Microalgae) Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Microphytes (Microalgae) Market Size and Volume Forecast by Application
13.4.1. Pharmaceuticals
13.4.2. Feed
13.4.3. Food
13.4.4. Biofuel
13.4.5. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Microphytes (Microalgae) Market Size and Volume Forecast by Type
13.7.1. Spirulina
13.7.2. Dunaliella Salina
13.7.3. Chlorella
13.7.4. Aphanocapsa
13.7.5. Other
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Microphytes (Microalgae) Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Microphytes (Microalgae) Market: Market Share Analysis
14.2. Microphytes (Microalgae) Distributors and Customers
14.3. Microphytes (Microalgae) Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. DIC Corporation
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Cyanotech Corporation
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Algaetech Group
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. TAAU Australia
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Fuqing King Dnarmsa Spirulina
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Shengbada Biology
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Green A Biological
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Dongtai City Spirulina Bio-Engineering
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Alltech
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Parry Nutraceuticals
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. BlueBioTech
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Roquette
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Allma (Allmicroalgae)
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Cyane
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Archimede Ricerche
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. AlgaEnergy
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Phycom
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Necton
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Chenghai Bao ER
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. Dongying Haifu Biological
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
