How big is the Algae Supplements Market?

The Algae Supplements Market size is expected to reach USD 0.75 billion in 2024 and grow at a CAGR of 13.38% to reach USD 1.41 billion by 2029. Read More

What is the current Algae Supplements Market size?

In 2024, the Algae Supplements Market size is expected to reach USD 0.75 billion. Read More

Who are the key players in Algae Supplements Market?

NOW Foods, Cyanotech Corporation, Parry Nutraceuticals, Fuqing King Dnarmsa Spirulina and Pharmavite LLC are the major companies operating in the Algae Supplements Market. Read More

Which is the fastest growing region in Algae Supplements Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Algae Supplements Market?

In 2024, the North America accounts for the largest market share in Algae Supplements Market. Read More

What years does this Algae Supplements Market cover, and what was the market size in 2023?

In 2023, the Algae Supplements Market size was estimated at USD 0.65 billion. The report covers the Algae Supplements Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Algae Supplements Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Algae Supplements Market Share

Statistics for the 2023 & 2024 Algae Supplements market share, created by Mordor Intelligence™ Industry Reports. Algae Supplements share report includes a market forecast to 2029 and historical overview. Get a sample of this industry share analysis as a free report PDF download.

Market Share of Algae Supplements Industry

The global algae supplements market is highly fragmented, with cut-throat competition among market players. In terms of share, the market is dominated by players such as NOW Foods, Cyanotech Corporation, Pharmavite LLC, Parry Nutraceuticals, and Fuqing King Dnarmsa Spirulina. The prominent market players have been focusing on multiservice offerings by targeting regions. Partnerships and product launches have been some of the company's most prominent strategies. For instance, in September 2022, OZERs, a French sports supplement provider, raised around EUR 300,000 for the development of novel microalgae sports supplements.