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Food and Beverage Microalgae Market

Market Insights on Food and Beverage Microalgae covering sales outlook, demand forecast & up-to-date key trends

Demand for Microalgae in the Food and Beverage Sector Market By Species Type (Spirulina, Chlorella, Dunaliella), Source (Marine Water, Fresh Water), End Use Application (Seasonings, Snacks and Cereal, Dairy Products) & Region - Forecast to 2021- 2031

Demand for Microalgae in Food and Beverage Sector Snapshot

The demand for microalgae in the food and beverage sector is expected to reach a value of US$ 99,623.3 Thousand in 2021. As per Future Market Insights (FMI), the overall market value is expected to reach US$ 1, 32,531.2 Thousand by 2031, rising at a CAGR of 2.9% for 2021-31.

Increasing application of microalgae as food additives and awareness regarding their properties that help in enhancing taste, texture, flavour, aroma, and nutritional value are projected to bolster demand for microalgae in the food and beverage sector. FMI also projects functional food applications of microalgae to rise at a 7.2% CAGR through 2031.

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Key Points Covered in Demand for Microalgae in Food and Beverage Sector Study

  • Market estimates and forecast 2015-2031
  • Key drivers and restraints impacting market growth
  • Segment-wise, Country-wise, and Region-wise Analysis
  • Competition Mapping and Benchmarking
  • Brand share and Market Share Analysis
  • Key Product Innovations and Regulatory Climate
  • COVID-19 Impact on Demand for Microalgae in Food and Beverage Sector and How to Navigate
  • Recommendation on Key Winning Strategies

2016-2020 Demand for Microalgae in Food and Beverage Sector Outlook in Comparison to 2021-2031 Growth Forecast

Consumer awareness regarding importance of healthy lifestyles and benefits nutritional foods is growing, making them lean towards high-quality and natural products. Their interest in quality of ingredients used in food items and desire for healthy, nutritious, flavorful, and innovative dietary options will encourage microalgae application in food and beverage items.

Future Market Insights projects the market to remain steady, exhibiting growth at 2.9% CAGR between 2021 and 2031 in comparison to the CAGR of 1.6% posted between 2016 and 2020.

Food and Beverage Microalgae Market Download Report Brochure

Bakery, dairy, and confectionery businesses need natural food components like spirulina to enhance flavor and make their products aesthetically appealing. These ingredients are often used to attract more customers and persuade them to buy their products.

Manufacturers are emphasizing the use of natural ingredients in order to appeal to health-conscious consumers. The use of microalgae is increasing among bakery, confectionery, and snacks manufacturers as it enhances the nutritional value of food products.

Food manufacturers are willing to pay premium prices for high quality, sustainable natural food components due to the growing number of health-conscious customers. Microalgae is therefore used extensively in bakery and confectionery products, as it improves their texture, color, flavor, and scent, in addition to improving their nutritional value.

Microalgae Gaining Traction in Food Sector as Super-food

Microalgae is rich in anti-oxidant, hypolipidemic, and anti-inflammatory properties, due to which its demand is expected to consistently rise in food, beverage and cosmetics industries. Antioxidants protect the body from damage caused by harmful molecules (free radicals) which improves the health of a person.

Spirulina is a rich source of Vitamin A, Vitamin C, and E, and Beta-carotene and Lutein Zeaxanthin, all of which are antioxidants that aid in the prevention of many diseases and medical conditions. Spirulina decreases total cholesterol (LDL cholesterol) and triglycerides while increasing HDL cholesterol (good cholesterol).

It also has anti-cancer properties, reduces blood pressure, and improves the symptoms of allergic rhinitis, helps in reducing anemia and helps in blood sugar control. Microalgae also helps in prevention of medical conditions such as Alzheimer's disease, macular degeneration and arthritis-related conditions which further drives the demand.

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Competition among Manufacturers Restricting New Entrants in the Microalgae Market

Influx of new microalgae manufacturers around the world has made the microalgae market very competitive. Various brands have been introduced in the market with the goal of achieving big revenues and a quick return on investment.

In developed countries, the microalgae market is highly concentrated, with only a few large corporations controlling a significant portion of the market.

This has resulted in rivalry among businesses. Multinational corporations are investing to expand their footprint in countries such as China and India, which will drive market consolidation in these areas.

What is the Impact of COVID-19 on the Demand for Microalgae in the Food and Beverage Sector?

Health consequences of the COVID-19 pandemic are still being felt around the world. Though invisible to the naked eye, the virus's medical, societal, and economic consequences have been and will continue to be a major hindrance to human life.

In only one year, this menace has claimed the lives of nearly two million people around the world, and the mortality rate is expected to continue climbing. The potential of microalgae in limiting the spread of COVID-19 is being researched since algal chemicals have been tested to be effective in tackling viral spread.

Algal anti-inflammatory components have the ability to heal severe symptoms of COVID-19. As a result, the potential application of microalgae in the production of value-added goods might attenuate or hamper health concerns.

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Country-wise Insights

Did FDA Approval of Spirulina Help in Driving Microalgae Sales in the U.S.?

According to FMI, North America is a dominant region in the global microalgae market and it is also expected to witness a lucrative growth rate over the forecast period. According to the latest study, the U.S. is estimated to account for more than 91.0% of the North American market in 2021.

In 2013, the FDA approved spirulina blue, a natural colour made from green-blue spirulina, which opened up a whole new market for spirulina products. Spirulina blue has been employed in a variety of food and beverage applications since then, including bakery and confectionery, snacks, cereals, meat, and dairy products, ice creams, and more.

Spirulina manufacturers who identified spirulina as a significant ingredient in food applications have access to regulatory approval. Spirulina is used to improve the colour, taste, and flavour of food. The FDA's approval of spirulina for use in food and beverages has aided the acceleration of the worldwide microalgae market, particularly in the U.S.

How are Government Initiatives Supporting the Production of Microalgae in India?

According to FMI, the demand for microalgae in the food and beverage sector of India is estimated to be valued at US$ 2,794.6 thousand in the year 2021. The Indian government is supportive of the local spirulina market and is creating a strong gateway for the development of this super-food that has the potential to revolutionize the direction of human nutrition.

The government has identified microalgae as an economical remedy to hunger and numerous inadequacies that arises from food security issues. India is home to nearly one out of every three malnourished children, necessitating immediate action to combat hunger.

In March 2016, the Karnataka state government launched Balposhna scheme for eradicating malnutrition for the region. Under this scheme, the government provided 2gm of Spirulina for 180 days to 25,000 children across the state.

Why is China Dominant in Asia Pacific?

According to FMI’s analysis, China is estimated to account for more than 48% of the Asia Pacific share in the year 2021. For centuries, Asia Pacific countries have reaped the benefits of algae in dietary formulations.

 In comparison to the West, customers are more aware of the potential of microalgae. Labor for cultivation is often less expensive and less regulated. China is interested in the microalgal-based industry because local players want to open their operations new markets for food, feed, nutraceuticals, and cosmetics, that are sustainable.

Focus on Product Safety to Continue Driving Sales in the U.K.

In Europe, the U.K. accounted for 13.6% of market share in 2021. Consumer interest in product quality and safety is one of the most important developments in developed economies, particularly in the United Kingdom. Consumers are interested in how suppliers of various raw materials utilized in food items are held accountable.

The considerable use of synthetic chemicals and pesticides in the agriculture industry in the U.K. has prompted a greater focus on the source of raw materials. Offering sustainably cultivated food components can assist microalgae market participants boost their brand image and grow their client base.

Category-wise Insights

Does the High Nutritional Value of Spirulina Support Demand?

The demand for spirulina is driven by its role as superfood with superior protein content of any naturally cultivated options. Spirulina is the highest protein-rich dietary source on the planet, with roughly 60 grammes of protein per 100 grammes of raw spirulina.

Spirulina is also high in vitamins, minerals, and other nutrients, making it an excellent diet. Vitamins A, B, C, E, and K, in addition to iron, calcium, manganese, magnesium, phosphorus, potassium, sodium, and zinc, are all found in spirulina.

Spirulina sales have surged in the last three years and is expected to account for over 41.3% in 2021.  

Which is the Preferred Source of Microalgae?

Fresh water microalgae are estimated to account for more than 81.0% of the market share in 2021, which is expected to witness growth rate of CAGR 2.5% over the forecast period to reach a value of US$ 103,513.0 Thousand in 2031.

Why is Microalgae Application in Functional Rising?

Microalgae product manufacturers are launching application-specific products to cater to the changing demand of clients in terms of nutrition. Microalgae product manufacturers are concentrating on manufacturing probiotics for functional food products.

The demand for functional food products is increasing. Consequently, the demand for microalgae is expected to increase at a CAGR of 7.2%. Also, manufacturers are selling microalgae products to functional food manufacturers at a higher price through labelling claims on the ingredients. Thus, they are able to gain profits by targeting functional food manufacturers.

Competitive Landscape

Microalgae is beneficial for improving nutritional profiles of food products, besides enhancing their flavor, aroma, and appearance. Consumers are becoming cautious about the ingredients used in food and are showing clear preference for clean label food. This has encouraged the producers to focus on product launches.

For instance-

  • In March 2016, Naked Juice, a U.S. based beverage manufacturer and a subsidiary of PepsiCo, Inc. starts a juice smoothie made with Spirulina as a primary ingredient.
  • In November 2018, Allma launched microalage crispy snacks. The company launched rice cereal and chlorella blends in multiple sizes and flavors such as carrots, lemons and more.

Scope of Report

Attribute

Details

Forecast Period

2021-2031

Historical Data Available for

2016-2020

Market Analysis

USD Million for Value

Key Countries Covered

US, Canada, Germany, U.K., France, Italy, Spain, Russia, China, Japan, South Korea, India, Thailand, Malaysia, Indonesia, Australia, New Zealand, GCC Countries, Turkey, Northern Africa, and South Africa

Key Segments Covered

Species Type, Source, End Use Application, and Region

Key Companies Profiled

  • DIC Corporation
  • Koninkliijke DSM NV
  • Roquette Frères
  • Fuji Chemical Industries Co., Ltd.
  • Yunnan Green-A-Bio-engineering Co Ltd
  • Cyanotech Corporation
  • BASF SE
  • Parry Nutraceuticals
  • Beijing Gingko Group
  • KDI Ingredients
  • Sinoway Industrial Co., ltd.
  • INNOBIO Corporation Limited
  • Algaecan Biotech Ltd.
  • Algatechnologies Ltd.
  • Cardax, Inc.
  • Igene Biotechnology, Inc.
  • Fenchem Biotek Ltd.
  • AstaReal Inc.
  • Valensa International
  • Kunming Biogenic Co., Ltd.
  • Others

Report Coverage

Market Forecast, Company Share Analysis, Competition Intelligence, DROT Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives

Customization and Pricing

Available upon Request

Demand for Microalgae in Food and Beverage Sector by Category

By Species Type:

  • Spirulina
  • Chlorella
  • Dunaliella
  • Aphanizomenon
  • Haematococcus
  • Crypthecodinium
  • Schizochytrium
  • Euglena
  • Nannochloropsis
  • Nostoc
  • Phaedactylum
  • Others

By Source:

  • Marine Water
  • Fresh Water

By End Use Application:

By Region:

  • North America
  • Latin America
  • Europe
  • Asia Pacific
  • Middle East and Africa (MEA)

Frequently Asked Questions

The demand for microalgae in food and beverage sector is estimated to be worth over US$ 99,623.3 Thousand by 2021.

The global demand for microalgae in food and beverage sector is forecasted to surpass US$ 1, 32,531.2 Thousand by the end of 2031.

Between 2016 and 2020, the demand for microalgae in food and beverage sector grew at a 1.6% CAGR.

DIC Corporation, Koninkliijke DSM NV, Roquette Frères, BASF SE, and Parry Nutraceuticals. are leading companies, accounting for 35-40% of the global market.

The U.S., Germany, the U.K., and China are the top countries reflecting consistently high demand.

North America is a leading market which will register a 2.1% CAGR through 2031.

The demand for microalgae for the food and beverage sector of Europe is projected to grow at a 2.7% CAGR through the assessment period.

The global demand for microalgae in the food and beverage sector rose by 2.5% from 2020 to 2021.

South Korea and Japan account for 0.5% and 0.7% of the global demand for microalgae in the food and beverage sector in 2021.

Table of Content

1. Market Overview

    1.1. Market Coverage / Taxonomy

    1.2. Market Definition / Scope / Limitations

2. Scenario Assessment of the Impact of COVID-19 on Demand for Microalgae in Food & Beverage Sector 

    2.1. Global Demand for Microalgae in Food & Beverage Sector Forecast Scenario Comparison of Annual Growth Rates for short Term (2021-2023) and Long Term (2024-2031)

        2.1.1. Optimistic Scenario

            2.1.1.1. China

            2.1.1.2. US

            2.1.1.3. Euro Zone

            2.1.1.4. Asia Pacific

            2.1.1.5. Rest of the World

        2.1.2. Likely Scenario

            2.1.2.1. China

            2.1.2.2. US

            2.1.2.3. Euro Zone

            2.1.2.4. Asia Pacific

            2.1.2.5. Rest of the World

        2.1.3. Pessimistic Scenario

            2.1.3.1. China

            2.1.3.2. US

            2.1.3.3. Euro Zone

            2.1.3.4. Asia Pacific

            2.1.3.5. Rest of the World

    2.2. Key Factors Impacting the Market

    2.3. Case Studies- Lessons from the companies that survived & thrived in the last recession

    2.4. Customers will change some behaviors permanently- accelerating prior trends; bold action now can set you up for success through the downturn and beyond

3. Key Market Trends

    3.1. Key Trends Impacting the Market

    3.2. Product Innovation / Development Trends

4. Market Background

    4.1. Policy Developments and Regulatory Scenario

    4.2. Macro-Economic Factors

        4.2.1. Global GDP Growth Outlook

        4.2.2. Global Industry Value Added

    4.3. Forecast Factors - Relevance & Impact

        4.3.1. Global Chemicals Industry Outlook

        4.3.2. Global Healthcare Industry Outlook

        4.3.3. Global Food & Beverage Industry Outlook

        4.3.4. Global Urbanization Growth Outlook

    4.4. Value Chain Analysis

        4.4.1. Raw Material Suppliers

        4.4.2. Product Manufacturers

        4.4.3. Distributors/Suppliers

        4.4.4. End Users

    4.5. Market Dynamics

        4.5.1. Drivers

        4.5.2. Restraints

    4.6. Opportunity 

    4.7. Value Chain Analysis

        4.7.1. Supply Side Participants and their Roles

            4.7.1.1. Producers

            4.7.1.2. Mid-Level Participants (Traders/ Agents/ Brokers)

            4.7.1.3. Wholesalers and Distributors  

        4.7.2. Profit Margin Analysis

            4.7.2.1. Traders/ Agents/ Brokers

            4.7.2.2. Wholesalers and Distributors

            4.7.2.3. Retailers

        4.7.3. Operating Margins By Region

        4.7.4. Notes on Value Added at Each Node in the Value Chain

    4.8. Key Regulations

        4.8.1. Federal Food & Cosmetics Act

        4.8.2. China Food & Safety Authority

        4.8.3. State Food and Drug Administration (SFDA)

        4.8.4. Foods for Specified Health Uses

        4.8.5. FSSAI

        4.8.6. Food Packaging Claims

        4.8.7. Labelling and Claims

        4.8.8. Import/Export Regulations 

5. Global Demand for Microalgae in Food & Beverage Sector - Pricing Analysis

    5.1. Regional Pricing Analysis (US$/DW Tons) By Species Type, 2021

    5.2. Pricing Break-up

        5.2.1. Manufacturer Level Pricing

        5.2.2. Distributor Level Pricing

    5.3. Global Average Pricing Analysis Benchmark

6. Global Demand for Microalgae in Food & Beverage Sector 2021-2031 and Forecast, 2021-2031

    6.1. Historical Market Volume (DW Tons) Analysis, 2015-2019

    6.2. Current and Future Market Volume (DW Tons) Projections, 2021-2031

    6.3. Y-o-Y Growth Trend Analysis

7. Global Demand for Microalgae in Food & Beverage Sector 2021-2031 and Forecast 2021-2031, By Species Type

    7.1. Introduction / Key Findings

    7.2. Historical Market Size (US$ Thousands) and Volume Analysis By Species Type, 2016 - 2020

    7.3. Current and Future Market Size (US$ Thousands) and Volume Analysis and Forecast By Species Type, 2021 - 2031

        7.3.1. Spirulina

        7.3.2. Chlorella

        7.3.3. Dunaliella

        7.3.4. Aphanizomenon

        7.3.5. Haematococcus

        7.3.6. Crypthecodinium

        7.3.7. Schizochytrium

        7.3.8. Euglena

        7.3.9. Nannochloropsis

        7.3.10. Nostoc

        7.3.11. Phaedactylum

        7.3.12. Others 

    7.4. Market Attractiveness Analysis By Species Type 

8. Global Demand for Microalgae in Food & Beverage Sector 2016-2020 and Forecast 2021-2031, By Source 

    8.1. Introduction / Key Findings

    8.2. Historical Market Size (US$ Thousands) and Volume Analysis By Source, 2016 - 2020

    8.3. Current and Future Market Size (US$ Thousands) and Volume Analysis and Forecast By Source, 2021 – 2031

        8.3.1. Marine Water

        8.3.2. Fresh Water

    8.4. Market Attractiveness Analysis By Source 

9. Global Demand for Microalgae in Food & Beverage Sector  2021-2031 and Forecast 2021-2031, By End Use Application 

    9.1. Introduction / Key Findings

    9.2. Historical Market Size (US$ Thousands) and Volume Analysis By End Use Application , 2016 - 2020

    9.3. Current and Future Market Size (US$ Thousands) and Volume Analysis and Forecast By End Use Application , 2021 - 2031

        9.3.1. Bakery & Confectionery

        9.3.2. Meat, Poultry, Fish, & Eggs 

        9.3.3. Sauces, Soups, & Dressings

        9.3.4. Seasonings

        9.3.5. Snacks & Cereal

        9.3.6. Dairy Products

        9.3.7. Ice creams

        9.3.8. Food additives (ingredients)

        9.3.9. Medical Nutrition/ Functional Food/ Health Food

        9.3.10. Sports Nutrition

        9.3.11. Energy Drinks

        9.3.12. Baby Food

        9.3.13. Others 

    9.4. Market Attractiveness Analysis 

10. Global Demand for Microalgae in Food & Beverage Sector 2021-2031 and Forecast 2021-2031, By Region

    10.1. Introduction

    10.2. Historical Market Size (US$ Thousands) and Volume Analysis By Region, 2016 - 2020

    10.3. Current Market Size (US$ Thousands) and Volume Analysis and Forecast By Region, 2021 - 2031

        10.3.1. North America

        10.3.2. Latin America

        10.3.3. Europe

        10.3.4. Asia Pacific

        10.3.5. Middle East and Africa (MEA)

    10.4. Market Attractiveness Analysis By Region

11. North America Demand for Microalgae in Food & Beverage Sector 2021-2031and Forecast 2021-2031

    11.1. Historical Market Size (US$ Thousands) and Volume Trend Analysis By Market Taxonomy, 2016 - 2020

    11.2. Market Size (US$ Thousands) and Volume Forecast By Market Taxonomy, 2021 - 2031

        11.2.1.  By Country

            11.2.1.1. U.S.

            11.2.1.2. Canada

        11.2.2. By Species Type

        11.2.3. By Source 

        11.2.4. By End Use Application 

    11.3. Market Attractiveness Analysis

        11.3.1. By Country

        11.3.2. By Species Type

        11.3.3. By Source 

        11.3.4. By End Use Application 

    11.4. Key Takeaways

12. Latin America Demand for Microalgae in Food & Beverage Sector 2021-2031 and Forecast 2021-2031

    12.1. Historical Market Size (US$ Thousands) and Volume Trend Analysis By Market Taxonomy, 2016 - 2020

    12.2. Market Size (US$ Thousands) and Volume Forecast By Market Taxonomy, 2021 - 2031

        12.2.1.  By Country

            12.2.1.1. Brazil

            12.2.1.2. Mexico

            12.2.1.3. Chile

            12.2.1.4. Peru

            12.2.1.5. Rest of Latin America

        12.2.2. By Species Type

        12.2.3. By Source 

        12.2.4. By End Use Application 

    12.3. Market Attractiveness Analysis

        12.3.1. By Country

        12.3.2. By Species Type

        12.3.3. By Source 

        12.3.4. By End Use Application 

    12.4. Key Takeaways

13. Europe Demand for Microalgae in Food & Beverage Sector 2021-2031 and Forecast 2021-2031

    13.1. Historical Market Size (US$ Thousands) and Volume Trend Analysis By Market Taxonomy, 2016 - 2020

    13.2. Market Size (US$ Thousands) and Volume Forecast By Market Taxonomy, 2021 - 2031

        13.2.1.  By Country

            13.2.1.1. Germany

            13.2.1.2. Italy

            13.2.1.3. France

            13.2.1.4. U.K.

            13.2.1.5. Spain

            13.2.1.6. BENELUX

            13.2.1.7. Nordic

            13.2.1.8. Russia

            13.2.1.9. Poland

            13.2.1.10. Rest of Europe

        13.2.2. By Species Type

        13.2.3. By Source 

        13.2.4. By End Use Application 

    13.3. Market Attractiveness Analysis

        13.3.1. By Country

        13.3.2. By Species Type

        13.3.3. By Source 

        13.3.4. By End Use Application 

    13.4. Key Takeaways

14. Asia Pacific Demand for Microalgae in Food & Beverage Sector 2021-2031 and Forecast 2021-2031

    14.1. Historical Market Size (US$ Thousands) and Volume Trend Analysis By Market Taxonomy, 2016 - 2020

    14.2. Market Size (US$ Thousands) and Volume Forecast By Market Taxonomy, 2021 - 2031

        14.2.1.  By Country

            14.2.1.1. India

            14.2.1.2. China

            14.2.1.3. Japan

            14.2.1.4. ASEAN Countries

            14.2.1.5. Oceania 

            14.2.1.6. Rest of Pacific

        14.2.2. By Species Type

        14.2.3. By Source

        14.2.4. By End Use Application 

    14.3. Market Attractiveness Analysis

        14.3.1. By Country

        14.3.2. By Species Type

        14.3.3. By Source

        14.3.4. By End Use Application 

    14.4. Key Takeaways

15. Middle East and Africa Demand for Microalgae in Food & Beverage Sector 2021-2031 and Forecast 2021-2031

    15.1. Historical Market Size (US$ Thousands) and Volume Trend Analysis By Market Taxonomy, 2016 - 2020

    15.2. Market Size (US$ Thousands) and Volume Forecast By Market Taxonomy, 2021 - 2031

        15.2.1.  By Country

            15.2.1.1. GCC Countries

            15.2.1.2. North Africa

            15.2.1.3. South Africa

            15.2.1.4. Central Africa

            15.2.1.5. Rest of Middle East and Africa

        15.2.2. By Species Type

        15.2.3. By Source 

        15.2.4. By End Use Application 

    15.3. Market Attractiveness Analysis

        15.3.1. By Country

        15.3.2. By Species Type

        15.3.3. By Source 

        15.3.4. By End Use Application 

    15.4. Key Takeaways

16. Market Structure Analysis

    16.1. Competition Dashboard

    16.2. Competition Benchmarking

    16.3. Market Share Analysis of Top Players

        16.3.1. By Regional 

        16.3.2. By Species Type 

17. Competition Analysis

    17.1. Competition Deep Dive

        17.1.1. DIC Corporation 

            17.1.1.1. Overview

            17.1.1.2. Product Portfolio

            17.1.1.3. Profitability by Market Segments (Product/Channel/Region)

            17.1.1.4. Sales Footprint

            17.1.1.5. Strategy Overview

                17.1.1.5.1. Marketing Strategy

                17.1.1.5.2. Product Strategy

                17.1.1.5.3. Channel Strategy

        17.1.2. Koninkliijke DSM NV

            17.1.2.1. Overview

            17.1.2.2. Product Portfolio

            17.1.2.3. Profitability by Market Segments (Product/Channel/Region)

            17.1.2.4. Sales Footprint

            17.1.2.5. Strategy Overview

                17.1.2.5.1. Marketing Strategy

                17.1.2.5.2. Product Strategy

                17.1.2.5.3. Channel Strategy

        17.1.3. Roquette Frères

            17.1.3.1. Overview

            17.1.3.2. Product Portfolio

            17.1.3.3. Profitability by Market Segments (Product/Channel/Region)

            17.1.3.4. Sales Footprint

            17.1.3.5. Strategy Overview

                17.1.3.5.1. Marketing Strategy

                17.1.3.5.2. Product Strategy

                17.1.3.5.3. Channel Strategy

        17.1.4. Fuji Chemical Industries Co., Ltd. 

            17.1.4.1. Overview

            17.1.4.2. Product Portfolio

            17.1.4.3. Profitability by Market Segments (Product/Channel/Region)

            17.1.4.4. Sales Footprint

            17.1.4.5. Strategy Overview

                17.1.4.5.1. Marketing Strategy

                17.1.4.5.2. Product Strategy

                17.1.4.5.3. Channel Strategy

        17.1.5. Yunnan Green-A-Bio-engineering Co Ltd

            17.1.5.1. Overview

            17.1.5.2. Product Portfolio

            17.1.5.3. Profitability by Market Segments (Product/Channel/Region)

            17.1.5.4. Sales Footprint

            17.1.5.5. Strategy Overview

                17.1.5.5.1. Marketing Strategy

                17.1.5.5.2. Product Strategy

                17.1.5.5.3. Channel Strategy

        17.1.6. Cyanotech Corporation

            17.1.6.1. Overview

            17.1.6.2. Product Portfolio

            17.1.6.3. Profitability by Market Segments (Product/Channel/Region)

            17.1.6.4. Sales Footprint

            17.1.6.5. Strategy Overview

                17.1.6.5.1. Marketing Strategy

                17.1.6.5.2. Product Strategy

                17.1.6.5.3. Channel Strategy

        17.1.7. BASF SE

            17.1.7.1. Overview

            17.1.7.2. Product Portfolio

            17.1.7.3. Profitability by Market Segments (Product/Channel/Region)

            17.1.7.4. Sales Footprint

            17.1.7.5. Strategy Overview

                17.1.7.5.1. Marketing Strategy

                17.1.7.5.2. Product Strategy

                17.1.7.5.3. Channel Strategy

        17.1.8. Parry Nutraceuticals

            17.1.8.1. Overview

            17.1.8.2. Product Portfolio

            17.1.8.3. Profitability by Market Segments (Product/Channel/Region)

            17.1.8.4. Sales Footprint

            17.1.8.5. Strategy Overview

                17.1.8.5.1. Marketing Strategy

                17.1.8.5.2. Product Strategy

                17.1.8.5.3. Channel Strategy

        17.1.9. Beijing Gingko Group

            17.1.9.1. Overview

            17.1.9.2. Product Portfolio

            17.1.9.3. Profitability by Market Segments (Product/Channel/Region)

            17.1.9.4. Sales Footprint

            17.1.9.5. Strategy Overview

                17.1.9.5.1. Marketing Strategy

                17.1.9.5.2. Product Strategy

                17.1.9.5.3. Channel Strategy

        17.1.10. KDI Ingredients

            17.1.10.1. Overview

            17.1.10.2. Product Portfolio

            17.1.10.3. Profitability by Market Segments (Product/Channel/Region)

            17.1.10.4. Sales Footprint

            17.1.10.5. Strategy Overview

                17.1.10.5.1. Marketing Strategy

                17.1.10.5.2. Product Strategy

                17.1.10.5.3. Channel Strategy

        17.1.11. Sinoway Industrial Co., ltd.

            17.1.11.1. Overview

            17.1.11.2. Product Portfolio

            17.1.11.3. Profitability by Market Segments (Product/Channel/Region)

            17.1.11.4. Sales Footprint

            17.1.11.5. Strategy Overview

                17.1.11.5.1. Marketing Strategy

                17.1.11.5.2. Product Strategy

                17.1.11.5.3. Channel Strategy

        17.1.12. INNOBIO Corporation Limited

            17.1.12.1. Overview

            17.1.12.2. Product Portfolio

            17.1.12.3. Profitability by Market Segments (Product/Channel/Region)

            17.1.12.4. Sales Footprint

            17.1.12.5. Strategy Overview

                17.1.12.5.1. Marketing Strategy

                17.1.12.5.2. Product Strategy

                17.1.12.5.3. Channel Strategy

        17.1.13. Algaecan Biotech Ltd.

            17.1.13.1. Overview

            17.1.13.2. Product Portfolio

            17.1.13.3. Profitability by Market Segments (Product/Channel/Region)

            17.1.13.4. Sales Footprint

            17.1.13.5. Strategy Overview

                17.1.13.5.1. Marketing Strategy

                17.1.13.5.2. Product Strategy

                17.1.13.5.3. Channel Strategy

        17.1.14. Algatechnologies Ltd.

            17.1.14.1. Overview

            17.1.14.2. Product Portfolio

            17.1.14.3. Profitability by Market Segments (Product/Channel/Region)

            17.1.14.4. Sales Footprint

            17.1.14.5. Strategy Overview

                17.1.14.5.1. Marketing Strategy

                17.1.14.5.2. Product Strategy

                17.1.14.5.3. Channel Strategy

        17.1.15. Cardax, Inc.

            17.1.15.1. Overview

            17.1.15.2. Product Portfolio

            17.1.15.3. Profitability by Market Segments (Product/Channel/Region)

            17.1.15.4. Sales Footprint

            17.1.15.5. Strategy Overview

                17.1.15.5.1. Marketing Strategy

                17.1.15.5.2. Product Strategy

                17.1.15.5.3. Channel Strategy

        17.1.16. Igene Biotechnology, Inc.

            17.1.16.1. Overview

            17.1.16.2. Product Portfolio

            17.1.16.3. Profitability by Market Segments (Product/Channel/Region)

            17.1.16.4. Sales Footprint

            17.1.16.5. Strategy Overview

                17.1.16.5.1. Marketing Strategy

                17.1.16.5.2. Product Strategy

                17.1.16.5.3. Channel Strategy

        17.1.17. Fenchem Biotek Ltd.

            17.1.17.1. Overview

            17.1.17.2. Product Portfolio

            17.1.17.3. Profitability by Market Segments (Product/Channel/Region)

            17.1.17.4. Sales Footprint

            17.1.17.5. Strategy Overview

                17.1.17.5.1. Marketing Strategy

                17.1.17.5.2. Product Strategy

                17.1.17.5.3. Channel Strategy

        17.1.18. AstaReal Inc.

            17.1.18.1. Overview

            17.1.18.2. Product Portfolio

            17.1.18.3. Profitability by Market Segments (Product/Channel/Region)

            17.1.18.4. Sales Footprint

            17.1.18.5. Strategy Overview

                17.1.18.5.1. Marketing Strategy

                17.1.18.5.2. Product Strategy

                17.1.18.5.3. Channel Strategy

        17.1.19. Valensa International

            17.1.19.1. Overview

            17.1.19.2. Product Portfolio

            17.1.19.3. Profitability by Market Segments (Product/Channel/Region)

            17.1.19.4. Sales Footprint

            17.1.19.5. Strategy Overview

                17.1.19.5.1. Marketing Strategy

                17.1.19.5.2. Product Strategy

                17.1.19.5.3. Channel Strategy

        17.1.20. Kunming Biogenic Co., Ltd.

            17.1.20.1. Overview

            17.1.20.2. Product Portfolio

            17.1.20.3. Profitability by Market Segments (Product/Channel/Region)

            17.1.20.4. Sales Footprint

            17.1.20.5. Strategy Overview

                17.1.20.5.1. Marketing Strategy

                17.1.20.5.2. Product Strategy

                17.1.20.5.3. Channel Strategy

        17.1.21. Others

            17.1.21.1. Overview

            17.1.21.2. Product Portfolio

            17.1.21.3. Profitability by Market Segments (Product/Channel/Region)

            17.1.21.4. Sales Footprint

            17.1.21.5. Strategy Overview

                17.1.21.5.1. Marketing Strategy

                17.1.21.5.2. Product Strategy

                17.1.21.5.3. Channel Strategy

18. Assumptions and Acronyms Used

19. Research Methodology

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List of Tables

Table 1: Global Demand for Microalgae in Food & Beverage Sector Market Value (US$ Thousands) and Forecast by Species Type, 2016–2020 

Table 2: Global Demand for Microalgae in Food & Beverage Sector Market Value (US$ Thousands) and Forecast by Species Type,2021–2031

Table 3: Global Demand for Microalgae in Food & Beverage Sector Market Volume (DW Tons) and Forecast by Species Type, 2016–2020 

Table 4: Global Demand for Microalgae in Food & Beverage Sector Market Volume (DW Tons) and Forecast by Species Type,2021–2031

Table 5: Global Demand for Microalgae in Food & Beverage Sector Market Value (US$ Thousands) and Forecast by Source, 2016–2020 

Table 6: Global Demand for Microalgae in Food & Beverage Sector Market Value (US$ Thousands) and Forecast by Source,2021–2031

Table 7: Global Demand for Microalgae in Food & Beverage Sector Market Volume (DW Tons) and Forecast by Source, 2016–2020 

Table 8: Global Demand for Microalgae in Food & Beverage Sector Market Volume (DW Tons) and Forecast by Source,2021–2031

Table 9: Global Demand for Microalgae in Food & Beverage Sector Market Value (US$ Thousands) and Forecast by End Use Applications, 2016–2020 

Table 10: Global Demand for Microalgae in Food & Beverage Sector Market Value (US$ Thousands) and Forecast by End Use Applications,2021–2031

Table 11: Global Demand for Microalgae in Food & Beverage Sector Market Volume (DW Tons) and Forecast by End Use Applications, 2016–2020 

Table 12: Global Demand for Microalgae in Food & Beverage Sector Market Volume (DW Tons) and Forecast by End Use Applications,2021–2031

Table 13: Global Demand for Microalgae in Food & Beverage Sector Market Value (US$ Thousands) and Forecast by Region, 2016–2020 

Table 14: Global Demand for Microalgae in Food & Beverage Sector Market Value (US$ Thousands) and Forecast by Region,2021–2031

Table 15: Global Demand for Microalgae in Food & Beverage Sector Market Volume (DW Tons) and Forecast by Region, 2016–2020 

Table 16: Global Demand for Microalgae in Food & Beverage Sector Market Volume (DW Tons) and Forecast by Region,2021–2031

Table 17: North America Demand for Microalgae in Food & Beverage Sector Market Value (US$ Thousands) and Forecast by Species Type, 2016–2020 

Table 18: North America Demand for Microalgae in Food & Beverage Sector Market Value (US$ Thousands) and Forecast by Species Type,2021–2031

Table 19: North America Demand for Microalgae in Food & Beverage Sector Market Volume (DW Tons) and Forecast by Species Type, 2016–2020 

Table 20: North America Demand for Microalgae in Food & Beverage Sector Market Volume (DW Tons) and Forecast by Species Type,2021–2031

Table 21: North America Demand for Microalgae in Food & Beverage Sector Market Value (US$ Thousands) and Forecast by Source, 2016–2020 

Table 22: North America Demand for Microalgae in Food & Beverage Sector Market Value (US$ Thousands) and Forecast by Source,2021–2031

Table 23: North America Demand for Microalgae in Food & Beverage Sector Market Volume (DW Tons) and Forecast by Source, 2016–2020 

Table 24: North America Demand for Microalgae in Food & Beverage Sector Market Volume (DW Tons) and Forecast by Source,2021–2031

Table 25: North America Demand for Microalgae in Food & Beverage Sector Market Value (US$ Thousands) and Forecast by End Use Applications, 2016–2020 

Table 26: North America Demand for Microalgae in Food & Beverage Sector Market Value (US$ Thousands) and Forecast by End Use Applications,2021–2031

Table 27: North America Demand for Microalgae in Food & Beverage Sector Market Volume (DW Tons) and Forecast by End Use Applications, 2016–2020 

Table 28: North America Demand for Microalgae in Food & Beverage Sector Market Volume (DW Tons) and Forecast by End Use Applications,2021–2031

Table 29: North America Demand for Microalgae in Food & Beverage Sector Market Value (US$ Thousands) and Forecast by Country, 2016–2020 

Table 30: North America Demand for Microalgae in Food & Beverage Sector Market Value (US$ Thousands) and Forecast by Country,2021–2031

Table 31: North America Demand for Microalgae in Food & Beverage Sector Market Volume (DW Tons) and Forecast by Country, 2016–2020 

Table 32: North America Demand for Microalgae in Food & Beverage Sector Market Volume (DW Tons) and Forecast by Country,2021–2031

Table 33: Latin America Demand for Microalgae in Food & Beverage Sector Market Value (US$ Thousands) and Forecast by Species Type, 2016–2020 

Table 34: Latin America Demand for Microalgae in Food & Beverage Sector Market Value (US$ Thousands) and Forecast by Species Type,2021–2031

Table 35: Latin America Demand for Microalgae in Food & Beverage Sector Market Volume (DW Tons) and Forecast by Species Type, 2016–2020 

Table 36: Latin America Demand for Microalgae in Food & Beverage Sector Market Volume (DW Tons) and Forecast by Species Type,2021–2031

Table 37: Latin America Demand for Microalgae in Food & Beverage Sector Market Value (US$ Thousands) and Forecast by Source, 2016–2020 

Table 38: Latin America Demand for Microalgae in Food & Beverage Sector Market Value (US$ Thousands) and Forecast by Source,2021–2031

Table 39: Latin America Demand for Microalgae in Food & Beverage Sector Market Volume (DW Tons) and Forecast by Source, 2016–2020 

Table 40: Latin America Demand for Microalgae in Food & Beverage Sector Market Volume (DW Tons) and Forecast by Source,2021–2031

Table 41: Latin America Demand for Microalgae in Food & Beverage Sector Market Value (US$ Thousands) and Forecast by End Use Applications, 2016–2020 

Table 42: Latin America Demand for Microalgae in Food & Beverage Sector Market Value (US$ Thousands) and Forecast by End Use Applications,2021–2031

Table 43: Latin America Demand for Microalgae in Food & Beverage Sector Market Volume (DW Tons) and Forecast by End Use Applications, 2016–2020 

Table 44: Latin America Demand for Microalgae in Food & Beverage Sector Market Volume (DW Tons) and Forecast by End Use Applications,2021–2031

Table 45: Latin America Demand for Microalgae in Food & Beverage Sector Market Value (US$ Thousands) and Forecast by Country, 2016–2020 

Table 46: Latin America Demand for Microalgae in Food & Beverage Sector Market Value (US$ Thousands) and Forecast by Country,2021–2031

Table 47: Latin America Demand for Microalgae in Food & Beverage Sector Market Volume (DW Tons) and Forecast by Country, 2016–2020 

Table 48: Latin America Demand for Microalgae in Food & Beverage Sector Market Volume (DW Tons) and Forecast by Country,2021–2031

Table 49: Europe Demand for Microalgae in Food & Beverage Sector Market Value (US$ Thousands) and Forecast by Species Type, 2016–2020 

Table 50: Europe Demand for Microalgae in Food & Beverage Sector Market Value (US$ Thousands) and Forecast by Species Type,2021–2031

Table 51: Europe Demand for Microalgae in Food & Beverage Sector Market Volume (DW Tons) and Forecast by Species Type, 2016–2020 

Table 52: Europe Demand for Microalgae in Food & Beverage Sector Market Volume (DW Tons) and Forecast by Species Type,2021–2031

Table 53: Europe Demand for Microalgae in Food & Beverage Sector Market Value (US$ Thousands) and Forecast by Source, 2016–2020 

Table 54: Europe Demand for Microalgae in Food & Beverage Sector Market Value (US$ Thousands) and Forecast by Source,2021–2031

Table 55: Europe Demand for Microalgae in Food & Beverage Sector Market Volume (DW Tons) and Forecast by Source, 2016–2020 

Table 56: Europe Demand for Microalgae in Food & Beverage Sector Market Volume (DW Tons) and Forecast by Source,2021–2031

Table 57: Europe Demand for Microalgae in Food & Beverage Sector Market Value (US$ Thousands) and Forecast by End Use Applications, 2016–2020 

Table 58: Europe Demand for Microalgae in Food & Beverage Sector Market Value (US$ Thousands) and Forecast by End Use Applications,2021–2031

Table 59: Europe Demand for Microalgae in Food & Beverage Sector Market Volume (DW Tons) and Forecast by End Use Applications, 2016–2020 

Table 60: Europe Demand for Microalgae in Food & Beverage Sector Market Volume (DW Tons) and Forecast by End Use Applications,2021–2031

Table 61: Europe Demand for Microalgae in Food & Beverage Sector Market Value (US$ Thousands) and Forecast by Country, 2016–2020 

Table 62: Europe Demand for Microalgae in Food & Beverage Sector Market Value (US$ Thousands) and Forecast by Country,2021–2031

Table 63: Europe Demand for Microalgae in Food & Beverage Sector Market Volume (DW Tons) and Forecast by Country, 2016–2020 

Table 64: Europe Demand for Microalgae in Food & Beverage Sector Market Volume (DW Tons) and Forecast by Country,2021–2031

Table 65: Asia Pacific Demand for Microalgae in Food & Beverage Sector Market Value (US$ Thousands) and Forecast by Species Type, 2016–2020 

Table 66: Asia Pacific Demand for Microalgae in Food & Beverage Sector Market Value (US$ Thousands) and Forecast by Species Type,2021–2031

Table 67: Asia Pacific Demand for Microalgae in Food & Beverage Sector Market Volume (DW Tons) and Forecast by Species Type, 2016–2020 

Table 68: Asia Pacific Demand for Microalgae in Food & Beverage Sector Market Volume (DW Tons) and Forecast by Species Type,2021–2031

Table 69: Asia Pacific Demand for Microalgae in Food & Beverage Sector Market Value (US$ Thousands) and Forecast by Source, 2016–2020 

Table 70: Asia Pacific Demand for Microalgae in Food & Beverage Sector Market Value (US$ Thousands) and Forecast by Source,2021–2031

Table 71: Asia Pacific Demand for Microalgae in Food & Beverage Sector Market Volume (DW Tons) and Forecast by Source, 2016–2020 

Table 72: Asia Pacific Demand for Microalgae in Food & Beverage Sector Market Volume (DW Tons) and Forecast by Source,2021–2031

Table 73: Asia Pacific Demand for Microalgae in Food & Beverage Sector Market Value (US$ Thousands) and Forecast by End Use Applications, 2016–2020 

Table 74: Asia Pacific Demand for Microalgae in Food & Beverage Sector Market Value (US$ Thousands) and Forecast by End Use Applications,2021–2031

Table 75: Asia Pacific Demand for Microalgae in Food & Beverage Sector Market Volume (DW Tons) and Forecast by End Use Applications, 2016–2020 

Table 76: Asia Pacific Demand for Microalgae in Food & Beverage Sector Market Volume (DW Tons) and Forecast by End Use Applications,2021–2031

Table 77: Asia Pacific Demand for Microalgae in Food & Beverage Sector Market Value (US$ Thousands) and Forecast by Country, 2016–2020 

Table 78: Asia Pacific Demand for Microalgae in Food & Beverage Sector Market Value (US$ Thousands) and Forecast by Country,2021–2031

Table 79: Asia Pacific Demand for Microalgae in Food & Beverage Sector Market Volume (DW Tons) and Forecast by Country, 2016–2020 

Table 80: Asia Pacific Demand for Microalgae in Food & Beverage Sector Market Volume (DW Tons) and Forecast by Country,2021–2031

Table 81: Middle East & Africa Demand for Microalgae in Food & Beverage Sector Market Value (US$ Thousands) and Forecast by Species Type, 2016–2020 

Table 82: Middle East & Africa Demand for Microalgae in Food & Beverage Sector Market Value (US$ Thousands) and Forecast by Species Type,2021–2031

Table 83: Middle East & Africa Demand for Microalgae in Food & Beverage Sector Market Volume (DW Tons) and Forecast by Species Type, 2016–2020 

Table 84: Middle East & Africa Demand for Microalgae in Food & Beverage Sector Market Volume (DW Tons) and Forecast by Species Type,2021–2031

Table 85: Middle East & Africa Demand for Microalgae in Food & Beverage Sector Market Value (US$ Thousands) and Forecast by Source, 2016–2020 

Table 86: Middle East & Africa Demand for Microalgae in Food & Beverage Sector Market Value (US$ Thousands) and Forecast by Source,2021–2031

Table 87: Middle East & Africa Demand for Microalgae in Food & Beverage Sector Market Volume (DW Tons) and Forecast by Source, 2016–2020 

Table 88: Middle East & Africa Demand for Microalgae in Food & Beverage Sector Market Volume (DW Tons) and Forecast by Source,2021–2031

Table 89: Middle East & Africa Demand for Microalgae in Food & Beverage Sector Market Value (US$ Thousands) and Forecast by End Use Applications, 2016–2020 

Table 90: Middle East & Africa Demand for Microalgae in Food & Beverage Sector Market Value (US$ Thousands) and Forecast by End Use Applications,2021–2031

Table 91: Middle East & Africa Demand for Microalgae in Food & Beverage Sector Market Volume (DW Tons) and Forecast by End Use Applications, 2016–2020 

Table 92: Middle East & Africa Demand for Microalgae in Food & Beverage Sector Market Volume (DW Tons) and Forecast by End Use Applications,2021–2031

Table 93: Middle East & Africa Demand for Microalgae in Food & Beverage Sector Market Value (US$ Thousands) and Forecast by Country, 2016–2020 

Table 94: Middle East & Africa Demand for Microalgae in Food & Beverage Sector Market Value (US$ Thousands) and Forecast by Country,2021–2031

Table 95: Middle East & Africa Demand for Microalgae in Food & Beverage Sector Market Volume (DW Tons) and Forecast by Country, 2016–2020 

Table 96: Middle East & Africa Demand for Microalgae in Food & Beverage Sector Market Volume (DW Tons) and Forecast by Country,2021–2031

Nandini Roy Choudhury
Principal Consultant
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List of Charts

Figure 1: Global Demand for Microalgae in Food & Beverage Sector Market Value (US$ Thousands) and Forecast by Species Type, 2016–2020 

Figure 2: Global Demand for Microalgae in Food & Beverage Sector Market Value (US$ Thousands) and Forecast by Species Type,2021–2031

Figure 3: Global Demand for Microalgae in Food & Beverage Sector Market Volume (DW Tons) and Forecast by Species Type, 2016–2020 

Figure 4: Global Demand for Microalgae in Food & Beverage Sector Market Volume (DW Tons) and Forecast by Species Type,2021–2031

Figure 5: Global Demand for Microalgae in Food & Beverage Sector Market Value (US$ Thousands) and Forecast by Source, 2016–2020 

Figure 6: Global Demand for Microalgae in Food & Beverage Sector Market Value (US$ Thousands) and Forecast by Source,2021–2031

Figure 7: Global Demand for Microalgae in Food & Beverage Sector Market Volume (DW Tons) and Forecast by Source, 2016–2020 

Figure 8: Global Demand for Microalgae in Food & Beverage Sector Market Volume (DW Tons) and Forecast by Source,2021–2031

Figure 9: Global Demand for Microalgae in Food & Beverage Sector Market Value (US$ Thousands) and Forecast by End Use Applications, 2016–2020 

Figure 10: Global Demand for Microalgae in Food & Beverage Sector Market Value (US$ Thousands) and Forecast by End Use Applications,2021–2031

Figure 11: Global Demand for Microalgae in Food & Beverage Sector Market Volume (DW Tons) and Forecast by End Use Applications, 2016–2020 

Figure 12: Global Demand for Microalgae in Food & Beverage Sector Market Volume (DW Tons) and Forecast by End Use Applications,2021–2031

Figure 13: Global Demand for Microalgae in Food & Beverage Sector Market Value (US$ Thousands) and Forecast by Region, 2016–2020 

Figure 14: Global Demand for Microalgae in Food & Beverage Sector Market Value (US$ Thousands) and Forecast by Region,2021–2031

Figure 15: Global Demand for Microalgae in Food & Beverage Sector Market Volume (DW Tons) and Forecast by Region, 2016–2020 

Figure 16: Global Demand for Microalgae in Food & Beverage Sector Market Volume (DW Tons) and Forecast by Region,2021–2031

Figure 17: North America Demand for Microalgae in Food & Beverage Sector Market Value (US$ Thousands) and Forecast by Species Type, 2016–2020 

Figure 18: North America Demand for Microalgae in Food & Beverage Sector Market Value (US$ Thousands) and Forecast by Species Type,2021–2031

Figure 19: North America Demand for Microalgae in Food & Beverage Sector Market Volume (DW Tons) and Forecast by Species Type, 2016–2020 

Figure 20: North America Demand for Microalgae in Food & Beverage Sector Market Volume (DW Tons) and Forecast by Species Type,2021–2031

Figure 21: North America Demand for Microalgae in Food & Beverage Sector Market Value (US$ Thousands) and Forecast by Source, 2016–2020 

Figure 22: North America Demand for Microalgae in Food & Beverage Sector Market Value (US$ Thousands) and Forecast by Source,2021–2031

Figure 23: North America Demand for Microalgae in Food & Beverage Sector Market Volume (DW Tons) and Forecast by Source, 2016–2020 

Figure 24: North America Demand for Microalgae in Food & Beverage Sector Market Volume (DW Tons) and Forecast by Source,2021–2031

Figure 25: North America Demand for Microalgae in Food & Beverage Sector Market Value (US$ Thousands) and Forecast by End Use Applications, 2016–2020 

Figure 26: North America Demand for Microalgae in Food & Beverage Sector Market Value (US$ Thousands) and Forecast by End Use Applications,2021–2031

Figure 27: North America Demand for Microalgae in Food & Beverage Sector Market Volume (DW Tons) and Forecast by End Use Applications, 2016–2020 

Figure 28: North America Demand for Microalgae in Food & Beverage Sector Market Volume (DW Tons) and Forecast by End Use Applications,2021–2031

Figure 29: North America Demand for Microalgae in Food & Beverage Sector Market Value (US$ Thousands) and Forecast by Country, 2016–2020 

Figure 30: North America Demand for Microalgae in Food & Beverage Sector Market Value (US$ Thousands) and Forecast by Country,2021–2031

Figure 31: North America Demand for Microalgae in Food & Beverage Sector Market Volume (DW Tons) and Forecast by Country, 2016–2020 

Figure 32: North America Demand for Microalgae in Food & Beverage Sector Market Volume (DW Tons) and Forecast by Country,2021–2031

Figure 33: Latin America Demand for Microalgae in Food & Beverage Sector Market Value (US$ Thousands) and Forecast by Species Type, 2016–2020 

Figure 34: Latin America Demand for Microalgae in Food & Beverage Sector Market Value (US$ Thousands) and Forecast by Species Type,2021–2031

Figure 35: Latin America Demand for Microalgae in Food & Beverage Sector Market Volume (DW Tons) and Forecast by Species Type, 2016–2020 

Figure 36: Latin America Demand for Microalgae in Food & Beverage Sector Market Volume (DW Tons) and Forecast by Species Type,2021–2031

Figure 37: Latin America Demand for Microalgae in Food & Beverage Sector Market Value (US$ Thousands) and Forecast by Source, 2016–2020 

Figure 38: Latin America Demand for Microalgae in Food & Beverage Sector Market Value (US$ Thousands) and Forecast by Source,2021–2031

Figure 39: Latin America Demand for Microalgae in Food & Beverage Sector Market Volume (DW Tons) and Forecast by Source, 2016–2020 

Figure 40: Latin America Demand for Microalgae in Food & Beverage Sector Market Volume (DW Tons) and Forecast by Source,2021–2031

Figure 41: Latin America Demand for Microalgae in Food & Beverage Sector Market Value (US$ Thousands) and Forecast by End Use Applications, 2016–2020 

Figure 42: Latin America Demand for Microalgae in Food & Beverage Sector Market Value (US$ Thousands) and Forecast by End Use Applications,2021–2031

Figure 43: Latin America Demand for Microalgae in Food & Beverage Sector Market Volume (DW Tons) and Forecast by End Use Applications, 2016–2020 

Figure 44: Latin America Demand for Microalgae in Food & Beverage Sector Market Volume (DW Tons) and Forecast by End Use Applications,2021–2031

Figure 45: Latin America Demand for Microalgae in Food & Beverage Sector Market Value (US$ Thousands) and Forecast by Country, 2016–2020 

Figure 46: Latin America Demand for Microalgae in Food & Beverage Sector Market Value (US$ Thousands) and Forecast by Country,2021–2031

Figure 47: Latin America Demand for Microalgae in Food & Beverage Sector Market Volume (DW Tons) and Forecast by Country, 2016–2020 

Figure 48: Latin America Demand for Microalgae in Food & Beverage Sector Market Volume (DW Tons) and Forecast by Country,2021–2031

Figure 49: Europe Demand for Microalgae in Food & Beverage Sector Market Value (US$ Thousands) and Forecast by Species Type, 2016–2020 

Figure 50: Europe Demand for Microalgae in Food & Beverage Sector Market Value (US$ Thousands) and Forecast by Species Type,2021–2031

Figure 51: Europe Demand for Microalgae in Food & Beverage Sector Market Volume (DW Tons) and Forecast by Species Type, 2016–2020 

Figure 52: Europe Demand for Microalgae in Food & Beverage Sector Market Volume (DW Tons) and Forecast by Species Type,2021–2031

Figure 53: Europe Demand for Microalgae in Food & Beverage Sector Market Value (US$ Thousands) and Forecast by Source, 2016–2020 

Figure 54: Europe Demand for Microalgae in Food & Beverage Sector Market Value (US$ Thousands) and Forecast by Source,2021–2031

Figure 55: Europe Demand for Microalgae in Food & Beverage Sector Market Volume (DW Tons) and Forecast by Source, 2016–2020 

Figure 56: Europe Demand for Microalgae in Food & Beverage Sector Market Volume (DW Tons) and Forecast by Source,2021–2031

Figure 57: Europe Demand for Microalgae in Food & Beverage Sector Market Value (US$ Thousands) and Forecast by End Use Applications, 2016–2020 

Figure 58: Europe Demand for Microalgae in Food & Beverage Sector Market Value (US$ Thousands) and Forecast by End Use Applications,2021–2031

Figure 59: Europe Demand for Microalgae in Food & Beverage Sector Market Volume (DW Tons) and Forecast by End Use Applications, 2016–2020 

Figure 60: Europe Demand for Microalgae in Food & Beverage Sector Market Volume (DW Tons) and Forecast by End Use Applications,2021–2031

Figure 61: Europe Demand for Microalgae in Food & Beverage Sector Market Value (US$ Thousands) and Forecast by Country, 2016–2020 

Figure 62: Europe Demand for Microalgae in Food & Beverage Sector Market Value (US$ Thousands) and Forecast by Country,2021–2031

Figure 63: Europe Demand for Microalgae in Food & Beverage Sector Market Volume (DW Tons) and Forecast by Country, 2016–2020 

Figure 64: Europe Demand for Microalgae in Food & Beverage Sector Market Volume (DW Tons) and Forecast by Country,2021–2031

Figure 65: Asia Pacific Demand for Microalgae in Food & Beverage Sector Market Value (US$ Thousands) and Forecast by Species Type, 2016–2020 

Figure 66: Asia Pacific Demand for Microalgae in Food & Beverage Sector Market Value (US$ Thousands) and Forecast by Species Type,2021–2031

Figure 67: Asia Pacific Demand for Microalgae in Food & Beverage Sector Market Volume (DW Tons) and Forecast by Species Type, 2016–2020 

Figure 68: Asia Pacific Demand for Microalgae in Food & Beverage Sector Market Volume (DW Tons) and Forecast by Species Type,2021–2031

Figure 69: Asia Pacific Demand for Microalgae in Food & Beverage Sector Market Value (US$ Thousands) and Forecast by Source, 2016–2020 

Figure 70: Asia Pacific Demand for Microalgae in Food & Beverage Sector Market Value (US$ Thousands) and Forecast by Source,2021–2031

Figure 71: Asia Pacific Demand for Microalgae in Food & Beverage Sector Market Volume (DW Tons) and Forecast by Source, 2016–2020 

Figure 72: Asia Pacific Demand for Microalgae in Food & Beverage Sector Market Volume (DW Tons) and Forecast by Source,2021–2031

Figure 73: Asia Pacific Demand for Microalgae in Food & Beverage Sector Market Value (US$ Thousands) and Forecast by End Use Applications, 2016–2020 

Figure 74: Asia Pacific Demand for Microalgae in Food & Beverage Sector Market Value (US$ Thousands) and Forecast by End Use Applications,2021–2031

Figure 75: Asia Pacific Demand for Microalgae in Food & Beverage Sector Market Volume (DW Tons) and Forecast by End Use Applications, 2016–2020 

Figure 76: Asia Pacific Demand for Microalgae in Food & Beverage Sector Market Volume (DW Tons) and Forecast by End Use Applications,2021–2031

Figure 77: Asia Pacific Demand for Microalgae in Food & Beverage Sector Market Value (US$ Thousands) and Forecast by Country, 2016–2020 

Figure 78: Asia Pacific Demand for Microalgae in Food & Beverage Sector Market Value (US$ Thousands) and Forecast by Country,2021–2031

Figure 79: Asia Pacific Demand for Microalgae in Food & Beverage Sector Market Volume (DW Tons) and Forecast by Country, 2016–2020 

Figure 80: Asia Pacific Demand for Microalgae in Food & Beverage Sector Market Volume (DW Tons) and Forecast by Country,2021–2031

Figure 81: Middle East & Africa Demand for Microalgae in Food & Beverage Sector Market Value (US$ Thousands) and Forecast by Species Type, 2016–2020 

Figure 82: Middle East & Africa Demand for Microalgae in Food & Beverage Sector Market Value (US$ Thousands) and Forecast by Species Type,2021–2031

Figure 83: Middle East & Africa Demand for Microalgae in Food & Beverage Sector Market Volume (DW Tons) and Forecast by Species Type, 2016–2020 

Figure 84: Middle East & Africa Demand for Microalgae in Food & Beverage Sector Market Volume (DW Tons) and Forecast by Species Type,2021–2031

Figure 85: Middle East & Africa Demand for Microalgae in Food & Beverage Sector Market Value (US$ Thousands) and Forecast by Source, 2016–2020 

Figure 86: Middle East & Africa Demand for Microalgae in Food & Beverage Sector Market Value (US$ Thousands) and Forecast by Source,2021–2031

Figure 87: Middle East & Africa Demand for Microalgae in Food & Beverage Sector Market Volume (DW Tons) and Forecast by Source, 2016–2020 

Figure 88: Middle East & Africa Demand for Microalgae in Food & Beverage Sector Market Volume (DW Tons) and Forecast by Source,2021–2031

Figure 89: Middle East & Africa Demand for Microalgae in Food & Beverage Sector Market Value (US$ Thousands) and Forecast by End Use Applications, 2016–2020 

Figure 90: Middle East & Africa Demand for Microalgae in Food & Beverage Sector Market Value (US$ Thousands) and Forecast by End Use Applications,2021–2031

Figure 91: Middle East & Africa Demand for Microalgae in Food & Beverage Sector Market Volume (DW Tons) and Forecast by End Use Applications, 2016–2020 

Figure 92: Middle East & Africa Demand for Microalgae in Food & Beverage Sector Market Volume (DW Tons) and Forecast by End Use Applications,2021–2031

Figure 93: Middle East & Africa Demand for Microalgae in Food & Beverage Sector Market Value (US$ Thousands) and Forecast by Country, 2016–2020 

Figure 94: Middle East & Africa Demand for Microalgae in Food & Beverage Sector Market Value (US$ Thousands) and Forecast by Country,2021–2031

Figure 95: Middle East & Africa Demand for Microalgae in Food & Beverage Sector Market Volume (DW Tons) and Forecast by Country, 2016–2020 

Figure 96: Middle East & Africa Demand for Microalgae in Food & Beverage Sector Market Volume (DW Tons) and Forecast by Country,2021–2031

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Food and Beverage Microalgae Market