The United States is the leading market for algae-based supplements in the North American region, with demand projected to grow at an 8.20% CAGR over the next decade. This growth is driven by increasing awareness and prioritization of health and wellness among Americans. Additionally, the rising popularity of plant-based diets is contributing to the demand …
Tag Archives: Algae-based Supplement Market Dynamics
Algae-Based Supplement Market Outlook: Projected Surge to USD 4,804.5 Million by 2034 with a 7.3% CAGR
The market size for algae-based supplements is estimated to be around USD 2,365.3 million in 2024. It is projected to exhibit a CAGR of 7.3% over the forecast period and reach a market valuation of USD 4,804.5 million by 2034. Algae-based supplements have gained popularity among health-conscious individuals due to their potential health benefits. This growth has been further fueled by the growing …