India Microalgae Market to 2032
Overview
The India Microalgae Market is expected to reach a 89.18 USD Million by 2032 and is projected to grow at a CAGR of 12.19% from 2025 to 2032.
Revenue, 2024 (USD Million)
45.72
Forecast, 2032 (USD Million)
89.18
CAGR, 2024 - 2032
12.19%
Report Coverage
India
India Microalgae Market 2018-2032 USD Million
India Microalgae Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 45.72 USD Million
- Projected Market Size (2032): 89.18 USD Million
- CAGR (2025-2032): 12.19%
Key Findings of India Microalgae Market
- The India Microalgae Market was valued at 45.72 USD Million in 2024.
- The India Microalgae Market is likely to grow at a CAGR of 12.19% 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 36.34 USD Million
- The fastest growing segment Spirulina in Product Type Segment grew Fastest with a CAGR of 13.18% during the forecast period from 2024 to 2032.
India Microalgae Market Scope
India Microalgae Market Segmentation & Scope
Product Type
- Others
- Dunaliella Salina
- Chlorella
- Spirulina
Distribution Channel
- Indirect
- Direct
Application
- Others
- Inks
- Bio-Fuel
- Animal Feed
- Pharmaceutical
- Cosmetic & Personal Care
- Food & Beverages
- Dietary Supplements
Grade
- Others
- Fuel Grade
- Feed Grade
- Cosmetic Grade
- Food Grade
Form
- Liquid
- Powder/Dry
Category
- Inorganic
- Organic
Microalgae Strain
- Nannochloropsis
- Porphyridium cruentum
- Phaeodactylum tricornutum
- Haematococcus pluvialis
- Others
India Microalgae Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2021 |
| Unit | Revenue in USD Million |
| Market Value in 2024 | 45.72 USD Million |
| Market Value in 2032 | 89.18 USD Million |
| CAGR (2025-2032) | 12.19% |
| Historic Data | 2016-2023 |
| Market Segments Covered | Product Type,Distribution Channel,Application,Grade,Form,Category,Microalgae Strain |
Regional Insights:
-
Leading Market (2024-2032): India, leading in terms of revenue 45.72 USD Million in 2024
- Key Country: India, leading in terms of revenue with value of 45.72 USD Million in 2024.
Segments and Scope
-
India Microalgae Market to 2032, By Product Type
- Spirulina is the largest segment in India Microalgae Market to 2032 with a revenue of 22.13 USD Million in the year 2024.
- Spirulina is the Fastest growing segment in India Microalgae Market to 2032 with a Growth rate of 13.18 % in forecast period 2025-2032.
-
India Microalgae Market to 2032, By Distribution Channel
- Direct is the largest segment in India Microalgae Market to 2032 with a revenue of 33.10 USD Million in the year 2024.
- Direct is the Fastest growing segment in India Microalgae Market to 2032 with a Growth rate of 12.34 % in forecast period 2025-2032.
-
India Microalgae Market to 2032, By Application
- Dietary Supplements is the largest segment in India Microalgae Market to 2032 with a revenue of 17.74 USD Million in the year 2024.
- Bio-Fuel is the Fastest growing segment in India Microalgae Market to 2032 with a Growth rate of 11.90 % in forecast period 2025-2032.
-
India Microalgae Market to 2032, By Grade
- Food Grade is the largest segment in India Microalgae Market to 2032 with a revenue of 27.57 USD Million in the year 2024.
- Fuel Grade is the Fastest growing segment in India Microalgae Market to 2032 with a Growth rate of 12.05 % in forecast period 2025-2032.
-
India Microalgae Market to 2032, By Form
- Powder/Dry is the largest segment in India Microalgae Market to 2032 with a revenue of 34.05 USD Million in the year 2024.
- Powder/Dry is the Fastest growing segment in India Microalgae Market to 2032 with a Growth rate of 12.38 % in forecast period 2025-2032.
-
India Microalgae Market to 2032, By Category
- Organic is the largest segment in India Microalgae Market to 2032 with a revenue of 36.34 USD Million in the year 2024.
- Organic is the Fastest growing segment in India Microalgae Market to 2032 with a Growth rate of 12.37 % in forecast period 2025-2032.
-
India Microalgae Market to 2032, By Microalgae Strain
- Others is the largest segment in India Microalgae Market to 2032 with a revenue of 22.37 USD Million in the year 2024.
- Others is the Fastest growing segment in India Microalgae Market to 2032 with a Growth rate of 12.75 % in forecast period 2025-2032.
India Microalgae Market Company Share Analysis
| Company Name |
|
||
| Arthrex, Inc. | |||
| AstaReal AB | |||
| Corbion | |||
| Earthrise Nutritionals, LLC | |||
| DIC Corporation | |||
India Microalgae Market Geographical Sales Distribution, 2018-2032 USD Million
India Microalgae Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The India Microalgae Market is segmented based on Segmentation Product Type,Distribution Channel,Application,Grade,Form,Category,Microalgae Strain.
India Microalgae Market was valued at USD 45.72(Revenue in USD Million) in 2021.
India Microalgae Market is projected to grow at a CAGR of 12.19% during the forecast period of 2024 to 2032.
The Organic segment is expected to dominate the India Microalgae Market, holding a largest market share of 36.34 USD Million in 2024
India Microalgae Market Scope
India Microalgae Market Segmentation & Scope
Product Type
- Others
- Dunaliella Salina
- Chlorella
- Spirulina
Distribution Channel
- Indirect
- Direct
Application
- Others
- Inks
- Bio-Fuel
- Animal Feed
- Pharmaceutical
- Cosmetic & Personal Care
- Food & Beverages
- Dietary Supplements
Grade
- Others
- Fuel Grade
- Feed Grade
- Cosmetic Grade
- Food Grade
Form
- Liquid
- Powder/Dry
Category
- Inorganic
- Organic
Microalgae Strain
- Nannochloropsis
- Porphyridium cruentum
- Phaeodactylum tricornutum
- Haematococcus pluvialis
- Others
Frequently Asked Questions
The India Microalgae Market is segmented based on Segmentation Product Type,Distribution Channel,Application,Grade,Form,Category,Microalgae Strain.
India Microalgae Market was valued at USD 45.72(Revenue in USD Million) in 2021.
India Microalgae Market is projected to grow at a CAGR of 12.19% during the forecast period of 2024 to 2032.
The estimated market value of the India Microalgae Market for final year is USD 89.18 (USD Million).
India Microalgae Market Company Profiling
Frequently Asked Questions
The India Microalgae Market is segmented based on Segmentation Product Type,Distribution Channel,Application,Grade,Form,Category,Microalgae Strain.
India Microalgae Market was valued at USD 45.72(Revenue in USD Million) in 2021.
India Microalgae Market is projected to grow at a CAGR of 12.19% during the forecast period of 2024 to 2032.
The estimated market value of the India Microalgae Market for final year is USD 89.18 (USD Million).
HAVE A QUESTION?
Get expert advice on the right strategy for your business at no cost. We also offer customized subscription plans and affordable discounts for startups and universities.