Published by Wanda Rich
Posted on April 7, 2025
Rising Consumption of Superfoods and Dietary Supplements benefiting Microbial Algae Product Manufacturers: Fact.MR Report
Worldwide demand for microbial algae products is poised to reach a market value of US$ 3.43 billion in 2024, as stated in the latest study published by Fact.MR, a market research and competitive intelligence provider. The global microbial algae product market is set to reach US$ 6.2 billion by 2034-end.
Growing demand for astaxanthin is projected to increase owing to its health benefits compared to synthetic alternatives used in nutraceuticals and pharmaceuticals. The increasing demand for organic ingredients, including microbial algae products, is attributed to their ability to replace synthetic ingredients and the health benefits associated with their consumption. Inclination to superfoods and dietary supplements among more consumers is projected to widen opportunities for microbial algae product suppliers.
In recent years, an increased inclination to natural food supplements has been experienced. More people are becoming aware of the adverse effects of using chemical products. They are avoiding the consumption of animal-based protein due to increasing health and environmental issues in numerous regions, such as North America, Europe, etc. More consumers are making a move to microbial algae products or plant-based proteins, which can help minimize environmental footprints.
Click to Request a Sample of this Report for Additional Market Insights: https://www.factmr.com/connectus/sample?flag=S&rep_id=9285
Key Takeaway from the Market Study:
“Rising expenditure on healthcare products, growing requirements for natural ingredients, and increasing consumption of dietary supplements are driving demand for microbial algae products,”says a Fact.MR analyst.
Surging Demand for Natural Ingredients in Supplements
The rising preference for natural supplements, coupled with growing awareness of the drawbacks of synthetic products, is projected to drive increased production of chlorella, spirulina, and astaxanthin over the next decade. As more consumers lean toward natural options, food suppliers are innovating their product lines to meet this demand, incorporating consumer-friendly ingredients like natural sources and colors.
A notable shift is also occurring among consumers who are steering clear of animal-based proteins due to health and environmental concerns in various regions worldwide. This growing trend toward microbial algae and plant-based proteins is expected to play a key role in shaping microbial algae product market trends.
Rising Awareness Boosts Demand for Microalgae Products
In recent years, growing awareness of how food choices affect health has sparked a surge in demand for functional foods. Consumers are increasingly prioritizing healthy lifestyles, driving up the popularity of natural, nutrient-rich products. As more people become mindful of their diet and wellness, the benefits of microbial algae products are gaining recognition, paving the way for new revenue opportunities.
The rising trend of health-conscious individuals incorporating dietary supplements into their routines is expected to further fuel demand for microbial algae products. This shift is poised to create significant growth prospects for industry players in the coming years.
Get a Custom Analysis for Targeted Research Solutions: https://www.factmr.com/connectus/sample?flag=S&rep_id=9285
High Interest in Fitness Leading to Rising Consumption of Protein Foods in the United States
Demand for microbial algae products in the United States is projected to accelerate at a CAGR of 5% and reach US$ 885.1 million by the end of 2034. Growing emphasis on fitness and increasing concentration on high standards set for consumables are projected to widen opportunities for suppliers of microbial algae products in the United States.
Key Market Players
More Valuable Insightson Offer
Fact.MR, in its new offering, presents an unbiased analysis of the microbial algae product market, presenting historical demand data (2018 to 2023) and forecast statistics for the period (2024 to 2034).
The study divulges essential insights into the market based on product type (astaxanthin, lutein, B-carotene, spirulina, PUFA, chlorella, others) and application (foods & beverages, personal care, dietary supplements & pharmaceuticals, animal feed & aquaculture, others), across six major regions of the world (North America, Europe, East Asia, Latin America, South Asia & Oceania, and MEA).
Explore More Studies Published by Fact.MR Research:
The global beverage emulsions market is anticipated to be USD 549.1 million by 2025. It is projected to reach USD 785.3 million by 2035, reflecting a CAGR of 4.3% over the assessment period 2025 to 2035.
The global fruit & vegetable processing market is estimated at US$ 361.23 billion in 2024. The market is projected to rise at a CAGR of 7.6% and reach a valuation of US$ 753.36 billion by 2034-end.
According to the latest study released by Fact.MR, the global fast food restaurant market has been projected to increase from a size of US$ 1,022.89 billion in 2024 to US$ 1,890.59 billion by the end of 2034. The market is evaluated to increase at a CAGR of 6.3% between 2024 and 2034.
The global market for vegan flavor will be valued at US$ 9,454.0 million by 2024 and has been forecasted to expand at a noteworthy CAGR of 4.8% to reach US$ 15,108.8 million by 2034. Herbs & Spice will be worth around US$ 2,609.3 million in 2024 and account for a 27.6% share of the global market.
The global milk & cream manufacturing market is currently valued at US$ 923.95 billion in 2024 and is forecasted to expand at a CAGR of 5.2% to reach US$ 1,543.94 billion by 2034.
The global market for add-back flavors will be valued at US$ 1,503.4 million by 2024 and has been forecasted to expand at a noteworthy CAGR of 4.4% to reach US$ 2,312.5 million by 2034. Liquid Add-Back Flavours will be worth around US$ 983.2 million in 2024 and account for a 65.4% share of the global market.
The global protein glue market will be valued at US$ 2,411.5 million by 2024 and has been forecasted to expand at a noteworthy CAGR of 6.5% to reach US$ 4,526.7 million by 2034. Liquid Protein glue will be worth around US$ 983.2 million in 2024 and account for a 65.4% share of the global market.
The global free-from-ingredients market will be valued at US$ 17.9 billion by 2024 end and has been forecasted to expand at a noteworthy CAGR of 16.2% to end up at US$ 80.3 billion by 2034. Plant-based products will be worth around US$ 10.9 billion in 2024 and will account for a 60.8% global market share.
Explore more articles in the Research Reports category
