The microalgae market is estimated to capture a valuation of US$ 11.8 Billion in 2023. The market is projected to reach a valuation of US$ 25.4 Billion with a CAGR of 8% during the forecast period. How End-use Industries Propel the Global Market? Various end-use industries are providing momentum to the global market in several ways. Key …
Tag Archives: Microalgae Industry
Microalgae Market: Future Innovation Ways, Growth & Profit Analysis, Forecast By 2031
As per Future Market Insights (FMI), the global shipment of microalgae will reach 63,864.60 DW tons by 2021-end. Application of microalgae in food and beverage sector is expected to spur the demand, with sales reaching a value of US$ 99.6 Bn through 2021 and beyond. Demand for plant-based and organic food and supplements will increase the adoption of microalgae, …