Brazil Microalgae Market to 2032

Q: What is the current market size of the Brazil Microalgae Market?

Brazil Microalgae Market was valued at USD 23.61 (Revenue in USD Million) in 2021.

Overview

The Brazil Microalgae Market is expected to reach a 41.35 USD Million by 2032 and is projected to grow at a CAGR of 10.05% from 2025 to 2032.

Revenue, 2024 (USD Million)

23.61

Forecast, 2032 (USD Million)

41.35

CAGR, 2024 - 2032

10.05%

Report Coverage

Brazil

Brazil Microalgae Market 2018-2032 USD Million

Brazil Microalgae Market, Key Findings (2025-2032)

Market Growth and Projections:

Market Size (2024): 23.61 USD Million
Projected Market Size (2032): 41.35 USD Million
CAGR (2025-2032): 10.05%

Key Findings of Brazil Microalgae Market

The Brazil Microalgae Market was valued at 23.61 USD Million in 2024.
The Brazil Microalgae Market is likely to grow at a CAGR of 10.05% during the forecast period of 2024 to 2032.
In 2024, the Largest segment Organic in Category Segment accounted for the largest share of the market with a revenue of 18.74 USD Million
The fastest growing segment Spirulina in Product Type Segment grew Fastest with a CAGR of 11.02% during the forecast period from 2024 to 2032.

Brazil Microalgae Market Scope

Brazil Microalgae Market Segmentation & Scope

Application

Others
Inks
Bio-Fuel
Animal Feed
Pharmaceutical
Cosmetic & Personal Care
Food & Beverages
Dietary Supplements

Distribution Channel

Indirect
Direct

Product Type

Others
Dunaliella Salina
Chlorella
Spirulina

Microalgae Strain

Nannochloropsis
Porphyridium cruentum
Phaeodactylum tricornutum
Haematococcus pluvialis
Others

Grade

Others
Fuel Grade
Feed Grade
Cosmetic Grade
Food Grade

Form

Liquid
Powder/Dry

Brazil Microalgae Market Data Coverage Insights

Study Period	2024-2032
Base Year	2021
Unit	Revenue in USD Million
Market Value in 2024	23.61 USD Million
Market Value in 2032	41.35 USD Million
CAGR (2025-2032)	10.05%
Historic Data	2016-2023
Market Segments Covered	Application,Distribution Channel,Product Type,Microalgae Strain,Grade,Form,Category

Regional Insights:

Leading Market (2024-2032): Brazil, leading in terms of revenue 23.61 USD Million in 2024
- Key Country: Brazil, leading in terms of revenue with value of 23.61 USD Million in 2024.

Segments and Scope

Brazil Microalgae Market to 2032, By Application
- Dietary Supplements is the largest segment in Brazil Microalgae Market to 2032 with a revenue of 9.69 USD Million in the year 2024.
- Bio-Fuel is the Fastest growing segment in Brazil Microalgae Market to 2032 with a Growth rate of 9.82 % in forecast period 2025-2032.
Brazil Microalgae Market to 2032, By Distribution Channel
- Direct is the largest segment in Brazil Microalgae Market to 2032 with a revenue of 16.39 USD Million in the year 2024.
- Direct is the Fastest growing segment in Brazil Microalgae Market to 2032 with a Growth rate of 10.22 % in forecast period 2025-2032.
Brazil Microalgae Market to 2032, By Product Type
- Spirulina is the largest segment in Brazil Microalgae Market to 2032 with a revenue of 11.43 USD Million in the year 2024.
- Spirulina is the Fastest growing segment in Brazil Microalgae Market to 2032 with a Growth rate of 11.02 % in forecast period 2025-2032.
Brazil Microalgae Market to 2032, By Microalgae Strain
- Others is the largest segment in Brazil Microalgae Market to 2032 with a revenue of 11.55 USD Million in the year 2024.
- Others is the Fastest growing segment in Brazil Microalgae Market to 2032 with a Growth rate of 10.60 % in forecast period 2025-2032.
Brazil Microalgae Market to 2032, By Grade
- Food Grade is the largest segment in Brazil Microalgae Market to 2032 with a revenue of 14.24 USD Million in the year 2024.
- Fuel Grade is the Fastest growing segment in Brazil Microalgae Market to 2032 with a Growth rate of 9.92 % in forecast period 2025-2032.
Brazil Microalgae Market to 2032, By Form
- Powder/Dry is the largest segment in Brazil Microalgae Market to 2032 with a revenue of 17.56 USD Million in the year 2024.
- Powder/Dry is the Fastest growing segment in Brazil Microalgae Market to 2032 with a Growth rate of 10.19 % in forecast period 2025-2032.
Brazil Microalgae Market to 2032, By Category
- Organic is the largest segment in Brazil Microalgae Market to 2032 with a revenue of 18.74 USD Million in the year 2024.
- Organic is the Fastest growing segment in Brazil Microalgae Market to 2032 with a Growth rate of 10.19 % in forecast period 2025-2032.

Brazil Microalgae Market Company Share Analysis

Company Name
Arthrex, Inc.
AstaReal AB
Corbion
Earthrise Nutritionals, LLC
DIC Corporation

Brazil Microalgae Market Geographical Sales Distribution, 2018-2032 USD Million

Brazil Microalgae Market Company Profiling

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Frequently Asked Questions

What are the primary segments covered in the Brazil Microalgae Market?

The Brazil Microalgae Market is segmented based on Segmentation Application,Distribution Channel,Product Type,Microalgae Strain,Grade,Form,Category.

What is the current market size of the Brazil Microalgae Market?

Brazil Microalgae Market was valued at USD 23.61(Revenue in USD Million) in 2021.

What is the expected growth rate of the Brazil Microalgae Market?

Brazil Microalgae Market is projected to grow at a CAGR of 10.05% during the forecast period of 2024 to 2032.

Which is the dominating segment in the Brazil Microalgae Market?

The Organic segment is expected to dominate the Brazil Microalgae Market, holding a largest market share of 18.74 USD Million in 2024