Algae Supplements Market

Algae Supplements Market Analysis by Soft Gel, Capsules, Liquid, Tablets, and Powder & Granules from 2023 to 2033

Analysis of Algae Supplements Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more

Algae Supplements Market Outlook (2023 to 2033)

Worldwide demand for algae supplements accounts for a market value of US$ 1.1 billion in 2023 and is forecasted to reach US$ 2.07 billion by the end of 2033. Across the study period (2023 to 2033), the global algae supplements market is projected to expand at a healthy 6.5% CAGR.

Surging popularity of veganism has also given impetus to the adoption of plant-based eating habits thereby creating an opportune space for algae supplement consumption. Soaring demand for macro and micro-algal foods, on account of their functional benefits that extend beyond conventional considerations of health and nutrition, is predominantly fuelling investments in algae supplement development and production.

Anti-aging effects, and better maintenance of the digestive tract, are some of the key benefits of the algae supplements fuelling their adoption among consumers worldwide. Millennials have enhanced access to health-related information and are increasingly opting for a broader set of health & wellness solutions, including non-conventional products. This, in turn, is creating favorable circumstances for the large-scale adoption of algae supplements.

Increasing use of algae in pharmaceutical and drug formulations is also projected to present new opportunities for algae supplement producers in the future. The growing use of plant-based ingredients in animal feed formulation is also forecasted to create new business diversification opportunities for algae supplement brands going forward.

  • In April 2023, MiAlgae, a Scottish biotechnology start-up, announced the launch of its NaturAlgae omega-3 product that can be used in pet and aqua feed formulations.

Contrastingly, lack of awareness regarding the benefits of algae supplements continues to be one of the key factors undermining the growth of the algae supplements market. High developmental costs have been a major concern among the algae supplement industry players. This further impacts the overall cost of the final product, thereby impeding sales of algae supplements to a certain extent.

Report Attributes Details
Algae Supplements Market Size (2023) US$ 1.1 Billion
Projected Market Value (2033F) US$ 2.07 Billion
Global Market Growth Rate (2023 to 2033) 6.5% CAGR
Leading Regional Market (2023) North America
Key Companies Profiled Fuqing King Dnarmsa Spirulina Co. Ltd.; Cyanotech Corporation; Now Foods; Kent BioEnergy Corporation; Chlorella Supply Co. Ltd.; DIC Corporation; Vitamin Discount Center; TerraVia Holdings Inc.; Herbal Terra LLC; Koninklijke DSM N.V.; Doctor's Best; Algae Health Science; Holistic Herbal Solutions LLC; Pharmavite LLC; Taau Australia Pty Ltd.; Nutress B.V.

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How are Start-ups Supercharging Life with Algae Goodness?

“New Companies Raising Capital to Develop and Launch Novel Algae Products”

Developing and commercializing algae supplements is an expensive feat and this is why aspiring algae supplement suppliers looking to penetrate the market are focusing on raising funds to support their business. New algae supplement manufacturers should focus on the development of algae supplements for muscle growth, algae supplements for weight loss, algae supplements for skin care, and algae supplements for hair as demand for them is high among consumers across the world.

  • In April 2023, Mýsköpun, a new biotechnology company based in Iceland, announced that it had raised US$ 700,000 in a new capital raise round that was led by the New Business Venture Fund and participation from other investors. The company intended to use the newly raised finance to advance small-scale algae production.
  • In September 2022, Ozers, a French start-up founded by former boxer Maxence Damarey in 2021, announced that it had raised around US$ 319,600 for the development of its novel microalgae sports supplements.
  • In May 2022, Mara Renewables, a biotech start-up based in Nova Scotia, announced that it had secured US$ 39.5 million in an initial equity raise led by InvestEco Capital. The company is focused on the development and commercialization of novel algal biotechnologies and products that could be used for human nutrition.

Start-ups can benefit by learning more about aspects such as local supply, pricing trends, product standards, safety regulations, and new developments that have been discussed extensively in this Algae supplements industry study by skilled analysts at Fact.MR, a market research and competitive intelligence provider.

Country-wise Insights

High focus on improving nutritional intake across the world is slated to provide opportunities for algae supplement suppliers and if the companies want to make the most of their investments they need to focus on economies such as India, the United States, the United Kingdom, and China through 2033.

What Makes the United States a Highly Bankable Market in This Space?

“High Consumption of Dietary Supplements”

Consumption of dietary supplements and nutraceuticals in the United States is higher than any other country in the world and this is why sales of algae supplements are also slated to shine here going forward. Moreover, the growing availability of different algae-based products in the country to satisfy evolving consumer preferences of people opting for plant-based and vegan lifestyles is also slated to benefit market growth scope going forward.

  • In March 2023, M&M Labs, a nutraceutical company developing unique formulations for dietary supplements, announced the launch of a new line of vegan algal omega-3 supplements in California.

Increasing incidence of chronic disorders, prevalence of obesity, and growing focus on improving nutritional intake are other factors that could promote algae supplement consumption in the United States through 2033. Chlorella supplements and blue-green algae supplements are forecasted to witness a notable hike in demand in the country over the coming years.

Should Algae Supplement Suppliers Invest in Asian Countries?

“Rising Awareness Regarding Algae Supplement Consumption Benefits”

People in the Asia Pacific region are becoming more conscious about their health and fitness, which is driving up the sales of functional food products, nutraceuticals, and dietary supplements. Efforts taken by governments in Asian countries to improve the general well-being of the population are also estimated to uplift the consumption of algae supplements over the coming years.

Algae supplements for digestion, algae supplements for blood sugar, and algae supplements for heart health are predicted to be popular in countries such as India, China, and Japan across the study period. The expanding geriatric population in these countries is also a factor that could bolster sales of algae supplements in the long run.

Why Do Algae Supplement Providers Have a Bright Future in Europe?

“Expanding Vegan Population and Popularity of Clean Label Products”

The number of vegans has been increasing rapidly in European countries in recent years and this is projected to be a key prospect attracting algae supplement vendors. Companies in Europe will focus on launching algae supplements for vegans to maximize their profits and take advantage of the expansive vegan population in this region.

Countries such as the United Kingdom, France, and Germany are estimated to be the leading markets in Europe for algae supplement sales. Rising consumer preference for clean-label ingredients is also predicted to create new opportunities for companies and boost consumption of products such as spirulina supplements, astaxanthin supplements, etc.

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Category-wise Insights

Algae supplement manufacturers need to launch products that are created from organically sourced ingredients if they want to stand out in the crowd and boost their sales.

Preference for Which Type of Algae Supplements Will Be High?

“Algae Supplements Made from Organic Algae to Be Popular”

As the popularity of the clean-label trend gains momentum on a global scale, it is projected to bolster sales of algae supplements made from organic ingredients over the next ten years. The expanding vegan population and rising consumer awareness regarding organic algae benefits are also predicted to favor the growth of the organic segment going forward.

Competitive Landscape

Algae supplement brands are focusing on launching new products to stay competitive in the marketplace and boost revenue generation.

  • In January 2023, Kemin Industries, a renowned provider of specialty ingredients to several industries, announced the launch of BetaVia Complete to supply algae-based beta-glucans to support human immune health. This ingredient can be formulated into functional foods, supplements, etc.
  • In October 2022, Solabia-Algatech Nutrition Ltd., a manufacturer of unique ingredients based in Israel, unveiled its new astaxanthin whole algae complex in a gummy format. The launch of AstaPure® Arava was part of the company’s effort to broaden its product portfolio.

Algae supplement providers are also foraying into the animal nutrition space to diversify their business and rake in more profits for themselves.

  • In October 2021, Anpario, a leading provider of feed additives, announced the launch of a new omega-3 fatty acid supplement derived from microalgae. The supplements can be directly incorporated into animal feed or can be added to feed formulations as well.

Know thy Competitors

Competitive landscape highlights only certain players
Complete list available upon request

Key Segments of Algae Supplements Industry Research

  • By Composition :

    • Microalgae
      • β-carotene
      • Vitamins C, A, E, H, B1, B2, B6, & B12
      • Astaxanthin
      • Polysaccharides
      • Polyunsaturated Fatty Acids
    • Macroalgae
      • Proteins
      • Furanone
      • Polyunsaturated Fatty Acids
      • L-α kainic Acid
      • Phenotics
      • Pigments
      • Phlorotannins
      • Phycocolloids (Carrageenan and Agar)
      • Minerals

  • By Algae Type :

    • Spirulina
    • Chlorella
    • Dunaliella
    • Other Types

  • By Consumer Orientation :

    • Men
    • Kids
    • Women
    • Unisex

  • By Nature :

    • Organic
    • Conventional

  • By Sales Channel :

    • Drug Stores
    • Health & Beauty Stores
    • Modern Trade Channels
    • Direct Selling
    • Online Retailers
    • Other Retail Formats

  • By Form :

    • Soft Gel
    • Capsules
    • Liquid
    • Tablets
    • Powder & Granules

  • By Function :

    • General Well-Being
    • Weight Management
    • Immune & Digestive Health
    • Bone & Joint Health
    • Heart Health
    • Eye Health
    • Other Indications

  • By Region :

    • North America
    • Latin America
    • Europe
    • APAC
    • MEA

Table of Content

  • 1. Global Market - Executive Summary
  • 2. Global Market Overview
  • 3. Key Market Trends
  • 4. Market Background and Associated Industry Indicators
  • 5. Key Success Factors
  • 6. Global Market Analysis and Forecast 2018 to 2033
    • 6.1. Global Market Size and Forecast By Algae Type 2018 to 2033
      • 6.1.1. Spirulina
      • 6.1.2. Chlorella
      • 6.1.3. Dunaliella Jack
      • 6.1.4. Other Types
    • 6.2. Global Market Size and Forecast By Nature, 2018 to 2033
      • 6.2.1. Organic
      • 6.2.2. Conventional
    • 6.3. Global Market Size and Forecast By Form, 2018 to 2033
      • 6.3.1. Softgel
      • 6.3.2. Capsules
      • 6.3.3. Liquids
      • 6.3.4. Tablets
      • 6.3.5. Powder & Granules
    • 6.4. Global Market Size and Forecast By Consumer Orientation, 2018 to 2033
      • 6.4.1. Men
      • 6.4.2. Kids
      • 6.4.3. Women
      • 6.4.4. Unisex
    • 6.5. Global Market Size and Forecast By Sales Channel, 2018 to 2033
      • 6.5.1. Drug Stores
      • 6.5.2. Health & Beauty Stores
      • 6.5.3. Modern Trade Channel
      • 6.5.4. Direct Selling
      • 6.5.5. Online Retailers
      • 6.5.6. Other Retail Formats
  • 7. North America Market Analysis 2018 to 2022 and Forecast 2023 to 2033
  • 8. Latin America Market Analysis 2018 to 2022 and Forecast 2023 to 2033
  • 9. Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033
  • 10. Japan Market Analysis 2018 to 2022 and Forecast 2023 to 2033
  • 11. APEJ Market Analysis 2018 to 2022 and Forecast 2023 to 2033
  • 12. MEA Market Analysis 2018 to 2022 and Forecast 2023 to 2033
  • 13. Competitive Assessment
  • 14. Company Profiles
    • 14.1. Koninklijke DSM N.V.
    • 14.2. Doctor's Best
    • 14.3. Fuqing king dnarmsa spirulina Co. Ltd
    • 14.4. Herbal Terra, LLC
    • 14.5. E.I.D.- Parry (India) Limited
    • 14.6. Nature's Way Products, LLC
    • 14.7. NOW Foods
    • 14.8. Vitamin Discount Center
    • 14.9. Kent BioEnergy Corporation
    • 14.10. Algae Health Science
    • 14.11. Pharmavite LLC
    • 14.12. Holistic Herbal Solutions, LLC
    • 14.13. Algenol Biotech
    • 14.14. Taau Australia Pty Ltd.
    • 14.15. TerraVia Holdings, Inc.
    • 14.16. DIC Corporation
    • 14.17. Cyanotech Corporation
    • 14.18. Nutress B.V.
    • 14.19. Phycom
    • 14.20. Cellana, LLC
    • 14.21. Sunrise Nutrachem Group
    • 14.22. Bata Food
    • 14.23. Nature's Bounty, Inc.
    • 14.24. Source Naturals, Inc.
    • 14.25. The Synergy Company
    • 14.26. Vibrant Health
    • 14.27. Kingherbs Limited
    • 14.28. Xi'an Natural Field Bio-Technique Co., Ltd.
    • 14.29. Shibin Exports
    • 14.30. CanaQuest Medical
    • 14.31. Ordos Zhengyi Algae Industry
    • 14.32. AlgaEnergy S.A.
    • 14.33. Algal Scientific
    • 14.34. Aquasource Algae Group
    • 14.35. Chlorella Supply Co., Ltd.
    • 14.36. Sun Chlorella Corporation
    • 14.37. Euglena Co., Ltd.
    • 14.38. Qingdao Bright Moon Seaweed Group Co., Ltd.
    • 14.39. Shinan 1004 Seaweed Co. Ltd.
    • 14.40. Nagai Nori Co., LTD
    • 14.41. New Earth Life Sciences, Inc.
  • 15. Disclaimer & Contact Information

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List Of Table

TABLE 01: Global Market Value (US$ Mn) & Volume (Tons) , 2018 to 2022

TABLE 02: Global Market Value (US$ Mn) & Volume (Tons) , 2023 to 2033

TABLE 03: Global Market Value (US$ Mn) & Volume (Tons) and Y-o-Y, 2018 to 2033

TABLE 04: Global Spirulina Segment Value (US$ Mn) & Volume (Tons) , By Region 2018 to 2022

TABLE 05: Global Spirulina Segment Value (US$ Mn) & Volume (Tons) , By Region 2023 to 2033

TABLE 06: Global Spirulina Segment Market Share, By Region 2018 to 2022

TABLE 07: Global Spirulina Segment Market Share, By Region 2023 to 2033

TABLE 08: Global Spirulina Segment Y-o-Y, By Region 2018 to 2033

TABLE 09: Global Chlorella Segment Value (US$ Mn) & Volume (Tons) , By Region 2018 to 2022

TABLE 10: Global Chlorella Segment Value (US$ Mn) & Volume (Tons) , By Region 2023 to 2033

TABLE 11: Global Chlorella Segment Market Share, By Region 2018 to 2022

TABLE 12: Global Chlorella Segment Market Share, By Region 2023 to 2033

TABLE 13: Global Chlorella Segment Y-o-Y, By Region 2018 to 2033

TABLE 14: Global Dunaliella Segment Value (US$ Mn) & Volume (Tons) , By Region 2018 to 2022

TABLE 15: Global Dunaliella Segment Value (US$ Mn) & Volume (Tons) , By Region 2023 to 2033

TABLE 16: Global Dunaliella Segment Market Share, By Region 2018 to 2022

TABLE 17: Global Dunaliella Segment Market Share, By Region 2023 to 2033

TABLE 18: Global Dunaliella Segment Y-o-Y, By Region 2018 to 2033

TABLE 19: Global Other Types Segment Value (US$ Mn) & Volume (Tons) , By Region 2018 to 2022

TABLE 20: Global Other Types Segment Value (US$ Mn) & Volume (Tons) , By Region 2023 to 2033

TABLE 21: Global Other Types Segment Market Share, By Region 2018 to 2022

TABLE 22: Global Other Types Segment Market Share, By Region 2023 to 2033

TABLE 23: Global Other Types Segment Y-o-Y, By Region 2018 to 2033

TABLE 24: Global Softgel Segment Value (US$ Mn) & Volume (Tons) , By Region 2018 to 2022

TABLE 25: Global Softgel Segment Value (US$ Mn) & Volume (Tons) , By Region 2023 to 2033

TABLE 26: Global Softgel Segment Market Share, By Region 2018 to 2022

TABLE 27: Global Softgel Segment Market Share, By Region 2023 to 2033

TABLE 28: Global Softgel Segment Y-o-Y, By Region 2018 to 2033

TABLE 29: Global Capsules Segment Value (US$ Mn) & Volume (Tons) , By Region 2018 to 2022

TABLE 30: Global Capsules Segment Value (US$ Mn) & Volume (Tons) , By Region 2023 to 2033

TABLE 31: Global Capsules Segment Market Share, By Region 2018 to 2022

TABLE 32: Global Capsules Segment Market Share, By Region 2023 to 2033

TABLE 33: Global Capsules Segment Y-o-Y, By Region 2018 to 2033

TABLE 34: Global Liquids Segment Value (US$ Mn) & Volume (Tons) , By Region 2018 to 2022

TABLE 35: Global Liquids Segment Value (US$ Mn) & Volume (Tons) , By Region 2023 to 2033

TABLE 36: Global Liquids Segment Market Share, By Region 2018 to 2022

TABLE 37: Global Liquids Segment Market Share, By Region 2023 to 2033

TABLE 38: Global Liquids Segment Y-o-Y, By Region 2018 to 2033

TABLE 39: Global Tablets Segment Value (US$ Mn) & Volume (Tons) , By Region 2018 to 2022

TABLE 40: Global Tablets Segment Value (US$ Mn) & Volume (Tons) , By Region 2023 to 2033

TABLE 41: Global Tablets Segment Market Share, By Region 2018 to 2022

TABLE 42: Global Tablets Segment Market Share, By Region 2023 to 2033

TABLE 43: Global Tablets Segment Y-o-Y, By Region 2018 to 2033

TABLE 44: Global Powder & Granules Segment Value (US$ Mn) & Volume (Tons) , By Region 2018 to 2022

TABLE 45: Global Powder & Granules Segment Value (US$ Mn) & Volume (Tons) , By Region 2023 to 2033

TABLE 46: Global Powder & Granules Segment Market Share, By Region 2018 to 2022

TABLE 47: Global Powder & Granules Segment Market Share, By Region 2023 to 2033

TABLE 48: Global Powder & Granules Segment Y-o-Y, By Region 2018 to 2033

TABLE 49: Global Men Segment Value (US$ Mn) & Volume (Tons) , By Region 2018 to 2022

TABLE 50: Global Men Segment Value (US$ Mn) & Volume (Tons) , By Region 2023 to 2033

TABLE 51: Global Men Segment Market Share, By Region 2018 to 2022

TABLE 52: Global Men Segment Market Share, By Region 2023 to 2033

TABLE 53: Global Men Segment Y-o-Y, By Region 2018 to 2033

TABLE 54: Global Kids Segment Value (US$ Mn) & Volume (Tons) , By Region 2018 to 2022

TABLE 55: Global Kids Segment Value (US$ Mn) & Volume (Tons) , By Region 2023 to 2033

TABLE 56: Global Kids Segment Market Share, By Region 2018 to 2022

TABLE 57: Global Kids Segment Market Share, By Region 2023 to 2033

TABLE 58: Global Kids Segment Y-o-Y, By Region 2018 to 2033

TABLE 59: Global Women Segment Value (US$ Mn) & Volume (Tons) , By Region 2018 to 2022

TABLE 60: Global Women Segment Value (US$ Mn) & Volume (Tons) , By Region 2023 to 2033

TABLE 61: Global Women Segment Market Share, By Region 2018 to 2022

TABLE 62: Global Women Segment Market Share, By Region 2023 to 2033

TABLE 63: Global Women Segment Y-o-Y, By Region 2018 to 2033

TABLE 64: Global Unisex Segment Value (US$ Mn) & Volume (Tons) , By Region 2018 to 2022

TABLE 65: Global Unisex Segment Value (US$ Mn) & Volume (Tons) , By Region 2023 to 2033

TABLE 66: Global Unisex Segment Market Share, By Region 2018 to 2022

TABLE 67: Global Unisex Segment Market Share, By Region 2023 to 2033

TABLE 68: Global Unisex Segment Y-o-Y, By Region 2018 to 2033

TABLE 69: Global Drug Stores Segment Value (US$ Mn) & Volume (Tons) , By Region 2018 to 2022

TABLE 70: Global Drug Stores Segment Value (US$ Mn) & Volume (Tons) , By Region 2023 to 2033

TABLE 71: Global Drug Stores Segment Market Share, By Region 2018 to 2022

TABLE 72: Global Drug Stores Segment Market Share, By Region 2023 to 2033

TABLE 73: Global Drug Stores Segment Y-o-Y, By Region 2018 to 2033

TABLE 74: Global Health & Beauty Stores Segment Value (US$ Mn) & Volume (Tons) , By Region 2018 to 2022

TABLE 75: Global Health & Beauty Stores Segment Value (US$ Mn) & Volume (Tons) , By Region 2023 to 2033

TABLE 76: Global Health & Beauty Stores Segment Market Share, By Region 2018 to 2022

TABLE 77: Global Health & Beauty Stores Segment Market Share, By Region 2023 to 2033

TABLE 78: Global Health & Beauty Stores Segment Y-o-Y, By Region 2018 to 2033

TABLE 79: Global Modern Trade Channel Segment Value (US$ Mn) & Volume (Tons) , By Region 2018 to 2022

TABLE 80: Global Modern Trade Channel Segment Value (US$ Mn) & Volume (Tons) , By Region 2023 to 2033

TABLE 81: Global Modern Trade Channel Segment Market Share, By Region 2018 to 2022

TABLE 82: Global Modern Trade Channel Segment Market Share, By Region 2023 to 2033

TABLE 83: Global Modern Trade Channel Segment Y-o-Y, By Region 2018 to 2033

TABLE 84: Global Direct Selling Segment Value (US$ Mn) & Volume (Tons) , By Region 2018 to 2022

TABLE 85: Global Direct Selling Segment Value (US$ Mn) & Volume (Tons) , By Region 2023 to 2033

TABLE 86: Global Direct Selling Segment Market Share, By Region 2018 to 2022

TABLE 87: Global Direct Selling Segment Market Share, By Region 2023 to 2033

TABLE 88: Global Direct Selling Segment Y-o-Y, By Region 2018 to 2033

TABLE 89: Global Online Retailers Segment Value (US$ Mn) & Volume (Tons) , By Region 2018 to 2022

TABLE 90: Global Online Retailers Segment Value (US$ Mn) & Volume (Tons) , By Region 2023 to 2033

TABLE 91: Global Online Retailers Segment Market Share, By Region 2018 to 2022

TABLE 92: Global Online Retailers Segment Market Share, By Region 2023 to 2033

TABLE 93: Global Online Retailers Segment Y-o-Y, By Region 2018 to 2033

TABLE 94: Global Other Retail Formats Segment Value (US$ Mn) & Volume (Tons) , By Region 2018 to 2022

TABLE 95: Global Other Retail Formats Segment Value (US$ Mn) & Volume (Tons) , By Region 2023 to 2033

TABLE 96: Global Other Retail Formats Segment Market Share, By Region 2018 to 2022

TABLE 97: Global Other Retail Formats Segment Market Share, By Region 2023 to 2033

TABLE 98: Global Other Retail Formats Segment Y-o-Y, By Region 2018 to 2033

TABLE 99: North America Market Value (US$ Mn) & Volume (Tons) , By Country 2018 to 2022

TABLE 100: North America Market Value (US$ Mn) & Volume (Tons) , By Country 2023 to 2033

TABLE 101: North America Market Value (US$ Mn) & Volume (Tons) , By Algae Type 2018 to 2022

TABLE 102: North America Market Value (US$ Mn) & Volume (Tons) , By Algae Type 2023 to 2033

TABLE 103: North America Market Value (US$ Mn) & Volume (Tons) , By Form 2018 to 2022

TABLE 104: North America Market Value (US$ Mn) & Volume (Tons) , By Form 2023 to 2033

TABLE 105: North America Market Value (US$ Mn) & Volume (Tons) , By Consumer Orientation 2018 to 2022

TABLE 106: North America Market Value (US$ Mn) & Volume (Tons) , By Consumer Orientation 2023 to 2033

TABLE 107: North America Market Value (US$ Mn) & Volume (Tons) , By Sales Channel 2018 to 2022

TABLE 108: North America Market Value (US$ Mn) & Volume (Tons) , By Sales Channel 2023 to 2033

TABLE 109: Latin America Market Value (US$ Mn) & Volume (Tons) , By Country 2018 to 2022

TABLE 110: Latin America Market Value (US$ Mn) & Volume (Tons) , By Country 2023 to 2033

TABLE 111: Latin America Market Value (US$ Mn) & Volume (Tons) , By Algae Type 2018 to 2022

TABLE 112: Latin America Market Value (US$ Mn) & Volume (Tons) , By Algae Type 2023 to 2033

TABLE 113: Latin America Market Value (US$ Mn) & Volume (Tons) , By Form 2018 to 2022

TABLE 114: Latin America Market Value (US$ Mn) & Volume (Tons) , By Form 2023 to 2033

TABLE 115: Latin America Market Value (US$ Mn) & Volume (Tons) , By Consumer Orientation 2018 to 2022

TABLE 116: Latin America Market Value (US$ Mn) & Volume (Tons) , By Consumer Orientation 2023 to 2033

TABLE 117: Latin America Market Value (US$ Mn) & Volume (Tons) , By Sales Channel 2018 to 2022

TABLE 118: Latin America Market Value (US$ Mn) & Volume (Tons) , By Sales Channel 2023 to 2033

TABLE 119: Europe Market Value (US$ Mn) & Volume (Tons) , By Country 2018 to 2022

TABLE 120: Europe Market Value (US$ Mn) & Volume (Tons) , By Country 2023 to 2033

TABLE 121: Europe Market Value (US$ Mn) & Volume (Tons) , By Algae Type 2018 to 2022

TABLE 122: Europe Market Value (US$ Mn) & Volume (Tons) , By Algae Type 2023 to 2033

TABLE 123: Europe Market Value (US$ Mn) & Volume (Tons) , By Form 2018 to 2022

TABLE 124: Europe Market Value (US$ Mn) & Volume (Tons) , By Form 2023 to 2033

TABLE 125: Europe Market Value (US$ Mn) & Volume (Tons) , By Consumer Orientation 2018 to 2022

TABLE 126: Europe Market Value (US$ Mn) & Volume (Tons) , By Consumer Orientation 2023 to 2033

TABLE 127: Europe Market Value (US$ Mn) & Volume (Tons) , By Sales Channel 2018 to 2022

TABLE 128: Europe Market Value (US$ Mn) & Volume (Tons) , By Sales Channel 2023 to 2033

TABLE 129: Japan Market Value (US$ Mn) & Volume (Tons) , By Country 2018 to 2022

TABLE 130: Japan Market Value (US$ Mn) & Volume (Tons) , By Country 2023 to 2033

TABLE 131: Japan Market Value (US$ Mn) & Volume (Tons) , By Algae Type 2018 to 2022

TABLE 132: Japan Market Value (US$ Mn) & Volume (Tons) , By Algae Type 2023 to 2033

TABLE 133: Japan Market Value (US$ Mn) & Volume (Tons) , By Form 2018 to 2022

TABLE 134: Japan Market Value (US$ Mn) & Volume (Tons) , By Form 2023 to 2033

TABLE 135: Japan Market Value (US$ Mn) & Volume (Tons) , By Consumer Orientation 2018 to 2022

TABLE 136: Japan Market Value (US$ Mn) & Volume (Tons) , By Consumer Orientation 2023 to 2033

TABLE 137: Japan Market Value (US$ Mn) & Volume (Tons) , By Sales Channel 2018 to 2022

TABLE 138: Japan Market Value (US$ Mn) & Volume (Tons) , By Sales Channel 2023 to 2033

TABLE 139: APEJ Market Value (US$ Mn) & Volume (Tons) , By Country 2018 to 2022

TABLE 140: APEJ Market Value (US$ Mn) & Volume (Tons) , By Country 2023 to 2033

TABLE 141: APEJ Market Value (US$ Mn) & Volume (Tons) , By Algae Type 2018 to 2022

TABLE 142: APEJ Market Value (US$ Mn) & Volume (Tons) , By Algae Type 2023 to 2033

TABLE 143: APEJ Market Value (US$ Mn) & Volume (Tons) , By Form 2018 to 2022

TABLE 144: APEJ Market Value (US$ Mn) & Volume (Tons) , By Form 2023 to 2033

TABLE 145: APEJ Market Value (US$ Mn) & Volume (Tons) , By Consumer Orientation 2018 to 2022

TABLE 146: APEJ Market Value (US$ Mn) & Volume (Tons) , By Consumer Orientation 2023 to 2033

TABLE 147: APEJ Market Value (US$ Mn) & Volume (Tons) , By Sales Channel 2018 to 2022

TABLE 148: APEJ Market Value (US$ Mn) & Volume (Tons) , By Sales Channel 2023 to 2033

TABLE 149: MEA Market Value (US$ Mn) & Volume (Tons) , By Country 2018 to 2022

TABLE 150: MEA Market Value (US$ Mn) & Volume (Tons) , By Country 2023 to 2033

TABLE 151: MEA Market Value (US$ Mn) & Volume (Tons) , By Algae Type 2018 to 2022

TABLE 152: MEA Market Value (US$ Mn) & Volume (Tons) , By Algae Type 2023 to 2033

TABLE 153: MEA Market Value (US$ Mn) & Volume (Tons) , By Form 2018 to 2022

TABLE 154: MEA Market Value (US$ Mn) & Volume (Tons) , By Form 2023 to 2033

TABLE 155: MEA Market Value (US$ Mn) & Volume (Tons) , By Consumer Orientation 2018 to 2022

TABLE 156: MEA Market Value (US$ Mn) & Volume (Tons) , By Consumer Orientation 2023 to 2033

TABLE 157: MEA Market Value (US$ Mn) & Volume (Tons) , By Sales Channel 2018 to 2022

TABLE 158: MEA Market Value (US$ Mn) & Volume (Tons) , By Sales Channel 2023 to 2033

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List Of Figures

FIG. 01: Global Market Value (US$ Mn), 2018 to 2022

FIG. 02: Global Market Value (US$ Mn) Forecast, 2023 to 2033

FIG. 03: Global Market Value (US$ Mn) and Y-o-Y, 2018 to 2033

FIG. 04: Global Spirulina Segment Market Value (US$ Mn) By Region, 2018 to 2022

FIG. 05: Global Spirulina Segment Market Value (US$ Mn) By Region, 2023 to 2033

FIG. 06: Global Spirulina Segment Y-o-Y Growth Rate, By Region, 2018 to 2033

FIG. 07: Global Chlorella Segment Market Value (US$ Mn) By Region, 2018 to 2022

FIG. 08: Global Chlorella Segment Market Value (US$ Mn) By Region, 2023 to 2033

FIG. 09: Global Chlorella Segment Y-o-Y Growth Rate, By Region, 2018 to 2033

FIG. 10: Global Dunaliella Segment Market Value (US$ Mn) By Region, 2018 to 2022

FIG. 11: Global Dunaliella Segment Market Value (US$ Mn) By Region, 2023 to 2033

FIG. 12: Global Dunaliella Segment Y-o-Y Growth Rate, By Region, 2018 to 2033

FIG. 13: Global Other Types Segment Market Value (US$ Mn) By Region, 2018 to 2022

FIG. 14: Global Other Types Segment Market Value (US$ Mn) By Region, 2023 to 2033

FIG. 15: Global Other Types Segment Y-o-Y Growth Rate, By Region, 2018 to 2033

FIG. 16: Global Softgel Segment Market Value (US$ Mn) By Region, 2018 to 2022

FIG. 17: Global Softgel Segment Market Value (US$ Mn) By Region, 2023 to 2033

FIG. 18: Global Softgel Segment Y-o-Y Growth Rate, By Region, 2018 to 2033

FIG. 19: Global Capsules Segment Market Value (US$ Mn) By Region, 2018 to 2022

FIG. 20: Global Capsules Segment Market Value (US$ Mn) By Region, 2023 to 2033

FIG. 21: Global Capsules Segment Y-o-Y Growth Rate, By Region, 2018 to 2033

FIG. 22: Global Liquids Segment Market Value (US$ Mn) By Region, 2018 to 2022

FIG. 23: Global Liquids Segment Market Value (US$ Mn) By Region, 2023 to 2033

FIG. 24: Global Liquids Segment Y-o-Y Growth Rate, By Region, 2018 to 2033

FIG. 25: Global Tablets Segment Market Value (US$ Mn) By Region, 2018 to 2022

FIG. 26: Global Tablets Segment Market Value (US$ Mn) By Region, 2023 to 2033

FIG. 27: Global Tablets Segment Y-o-Y Growth Rate, By Region, 2018 to 2033

FIG. 28: Global Powder & Granules Segment Market Value (US$ Mn) By Region, 2018 to 2022

FIG. 29: Global Powder & Granules Segment Market Value (US$ Mn) By Region, 2023 to 2033

FIG. 30: Global Powder & Granules Segment Y-o-Y Growth Rate, By Region, 2018 to 2033

FIG. 31: Global Men Segment Market Value (US$ Mn) By Region, 2018 to 2022

FIG. 32: Global Men Segment Market Value (US$ Mn) By Region, 2023 to 2033

FIG. 33: Global Men Segment Y-o-Y Growth Rate, By Region, 2018 to 2033

FIG. 34: Global Kids Segment Market Value (US$ Mn) By Region, 2018 to 2022

FIG. 35: Global Kids Segment Market Value (US$ Mn) By Region, 2023 to 2033

FIG. 36: Global Kids Segment Y-o-Y Growth Rate, By Region, 2018 to 2033

FIG. 37: Global Women Segment Market Value (US$ Mn) By Region, 2018 to 2022

FIG. 38: Global Women Segment Market Value (US$ Mn) By Region, 2023 to 2033

FIG. 39: Global Women Segment Y-o-Y Growth Rate, By Region, 2018 to 2033

FIG. 40: Global Unisex Segment Market Value (US$ Mn) By Region, 2018 to 2022

FIG. 41: Global Unisex Segment Market Value (US$ Mn) By Region, 2023 to 2033

FIG. 42: Global Unisex Segment Y-o-Y Growth Rate, By Region, 2018 to 2033

FIG. 43: Global Drug Stores Segment Market Value (US$ Mn) By Region, 2018 to 2022

FIG. 44: Global Drug Stores Segment Market Value (US$ Mn) By Region, 2023 to 2033

FIG. 45: Global Drug Stores Segment Y-o-Y Growth Rate, By Region, 2018 to 2033

FIG. 46: Global Health & Beauty Stores Segment Market Value (US$ Mn) By Region, 2018 to 2022

FIG. 47: Global Health & Beauty Stores Segment Market Value (US$ Mn) By Region, 2023 to 2033

FIG. 48: Global Health & Beauty Stores Segment Y-o-Y Growth Rate, By Region, 2018 to 2033

FIG. 49: Global Modern Trade Channel Segment Market Value (US$ Mn) By Region, 2018 to 2022

FIG. 50: Global Modern Trade Channel Segment Market Value (US$ Mn) By Region, 2023 to 2033

FIG. 51: Global Modern Trade Channel Segment Y-o-Y Growth Rate, By Region, 2018 to 2033

FIG. 52: Global Direct Selling Segment Market Value (US$ Mn) By Region, 2018 to 2022

FIG. 53: Global Direct Selling Segment Market Value (US$ Mn) By Region, 2023 to 2033

FIG. 54: Global Direct Selling Segment Y-o-Y Growth Rate, By Region, 2018 to 2033

FIG. 55: Global Online Retailers Segment Market Value (US$ Mn) By Region, 2018 to 2022

FIG. 56: Global Online Retailers Segment Market Value (US$ Mn) By Region, 2023 to 2033

FIG. 57: Global Online Retailers Segment Y-o-Y Growth Rate, By Region, 2018 to 2033

FIG. 58: Global Other Retail Formats Segment Market Value (US$ Mn) By Region, 2018 to 2022

FIG. 59: Global Other Retail Formats Segment Market Value (US$ Mn) By Region, 2023 to 2033

FIG. 60: Global Other Retail Formats Segment Y-o-Y Growth Rate, By Region, 2018 to 2033

FIG. 61: North America Market Value (US$ Mn), By Country 2018 to 2022

FIG. 62: North America Market Value (US$ Mn), By Country 2023 to 2033

FIG. 63: North America Market Value (US$ Mn), By Algae Type 2018 to 2022

FIG. 64: North America Market Value (US$ Mn), By Algae Type 2023 to 2033

FIG. 65: North America Market Value (US$ Mn), By Form 2018 to 2022

FIG. 66: North America Market Value (US$ Mn), By Form 2023 to 2033

FIG. 67: North America Market Value (US$ Mn), By Consumer Orientation 2018 to 2022

FIG. 68: North America Market Value (US$ Mn), By Consumer Orientation 2023 to 2033

FIG. 69: North America Market Value (US$ Mn), By Sales Channel 2018 to 2022

FIG. 70: North America Market Value (US$ Mn), By Sales Channel 2023 to 2033

FIG. 71: Latin America Market Value (US$ Mn), By Country 2018 to 2022

FIG. 72: Latin America Market Value (US$ Mn), By Country 2023 to 2033

FIG. 73: Latin America Market Value (US$ Mn), By Algae Type 2018 to 2022

FIG. 74: Latin America Market Value (US$ Mn), By Algae Type 2023 to 2033

FIG. 75: Latin America Market Value (US$ Mn), By Form 2018 to 2022

FIG. 76: Latin America Market Value (US$ Mn), By Form 2023 to 2033

FIG. 77: Latin America Market Value (US$ Mn), By Consumer Orientation 2018 to 2022

FIG. 78: Latin America Market Value (US$ Mn), By Consumer Orientation 2023 to 2033

FIG. 79: Latin America Market Value (US$ Mn), By Sales Channel 2018 to 2022

FIG. 80: Latin America Market Value (US$ Mn), By Sales Channel 2023 to 2033

FIG. 81: Europe Market Value (US$ Mn), By Country 2018 to 2022

FIG. 82: Europe Market Value (US$ Mn), By Country 2023 to 2033

FIG. 83: Europe Market Value (US$ Mn), By Algae Type 2018 to 2022

FIG. 84: Europe Market Value (US$ Mn), By Algae Type 2023 to 2033

FIG. 85: Europe Market Value (US$ Mn), By Form 2018 to 2022

FIG. 86: Europe Market Value (US$ Mn), By Form 2023 to 2033

FIG. 87: Europe Market Value (US$ Mn), By Consumer Orientation 2018 to 2022

FIG. 88: Europe Market Value (US$ Mn), By Consumer Orientation 2023 to 2033

FIG. 89: Europe Market Value (US$ Mn), By Sales Channel 2018 to 2022

FIG. 90: Europe Market Value (US$ Mn), By Sales Channel 2023 to 2033

FIG. 91: Japan Market Value (US$ Mn), By Country 2018 to 2022

FIG. 92: Japan Market Value (US$ Mn), By Country 2023 to 2033

FIG. 93: Japan Market Value (US$ Mn), By Algae Type 2018 to 2022

FIG. 94: Japan Market Value (US$ Mn), By Algae Type 2023 to 2033

FIG. 95: Japan Market Value (US$ Mn), By Consumer Orientation 2018 to 2022

FIG. 96: Japan Market Value (US$ Mn), By Form 2023 to 2033

FIG. 97: Japan Market Value (US$ Mn), By Consumer Orientation 2018 to 2022

FIG. 98: Japan Market Value (US$ Mn), By Consumer Orientation 2023 to 2033

FIG. 99: Japan Market Value (US$ Mn), By Sales Channel 2018 to 2022

FIG. 100: Japan Market Value (US$ Mn), By Sales Channel 2023 to 2033

FIG. 101: APEJ Market Value (US$ Mn), By Country 2018 to 2022

FIG. 102: APEJ Market Value (US$ Mn), By Country 2023 to 2033

FIG. 103: APEJ Market Value (US$ Mn), By Algae Type 2018 to 2022

FIG. 104: APEJ Market Value (US$ Mn), By Algae Type 2023 to 2033

FIG. 105: APEJ Market Value (US$ Mn), By Form 2018 to 2022

FIG. 106: APEJ Market Value (US$ Mn), By Form 2023 to 2033

FIG. 107: APEJ Market Value (US$ Mn), By Consumer Orientation 2018 to 2022

FIG. 108: APEJ Market Value (US$ Mn), By Consumer Orientation 2023 to 2033

FIG. 109: APEJ Market Value (US$ Mn), By Sales Channel 2018 to 2022

FIG. 110: APEJ Market Value (US$ Mn), By Sales Channel 2023 to 2033

FIG. 111: MEA Market Value (US$ Mn), By Country 2018 to 2022

FIG. 112: MEA Market Value (US$ Mn), By Country 2023 to 2033

FIG. 113: MEA Market Value (US$ Mn), By Algae Type 2018 to 2022

FIG. 114: MEA Market Value (US$ Mn), By Algae Type 2023 to 2033

FIG. 115: MEA Market Value (US$ Mn), By Form 2018 to 2022

FIG. 116: MEA Market Value (US$ Mn), By Form 2023 to 2033

FIG. 117: MEA Market Value (US$ Mn), By Consumer Orientation 2018 to 2022

FIG. 118: MEA Market Value (US$ Mn), By Consumer Orientation 2023 to 2033

FIG. 119: MEA Market Value (US$ Mn), By Sales Channel 2018 to 2022

FIG. 120: MEA Market Value (US$ Mn), By Sales Channel 2023 to 2033

Know thy Competitors

Competitive landscape highlights only certain players
Complete list available upon request

- FAQs -

How big is the algae supplements market in 2023?

The global algae supplements market holds a value of US$ 1.1 billion in 2023.

What is the projected market value for the year 2033?

By 2033-end, algae supplement sales are forecasted to reach US$ 2.07 billion.

At what pace will the market for algae supplements expand in the future?

Demand for algae supplements is projected to rise at a healthy 6.5% CAGR from 2023 to 2033.

Why do people take algae supplements?

People consume algae supplements to maintain and support their brain health, heart health, and immune health.

Is algae a good source of food supplements?

Algae is a good source of food supplements because it contains selenium, magnesium, calcium, vitamins, iron, and potassium.

Who are the leading algae supplement suppliers?

Cyanotech Corporation, Now Foods, Kent BioEnergy Corporation, Chlorella Supply Co. Ltd., and DIC Corporation are leading market players.

- Also of Interest -

Algae Products Market

Algae Products Market By Product (Hydrocolloids, Carotenoids & Pigments, Antioxidants, Lipids, Proteins), By Form (Powder, Liquid Algae Products), By Application (Food & Beverages, Cosmetics & Personal Care), By Sales Channel, By Region - Global Market Insights 2022 to 2032

Algae Extract Market

Algae Extract Market Analysis based on Algae Type (Red Algae, Green Algae, Brown Algae), By Form (Powder, Liquid), By End-use and By Region - Global Market Insights 2023 to 2033

Algae Supplements Market

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