North America Microalgae Market to 2032
Overview
The North America Microalgae Market is expected to reach a 1,358.61 USD Million by 2032 and is projected to grow at a CAGR of 10.21% from 2025 to 2032.
Revenue, 2024 (USD Million)
769.48
Forecast, 2032 (USD Million)
1,358.61
CAGR, 2024 - 2032
10.21%
Report Coverage
North America
North America Microalgae Market 2018-2032 USD Million
North America Microalgae Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 769.48 USD Million
- Projected Market Size (2032): 1,358.61 USD Million
- CAGR (2025-2032): 10.21%
Key Findings of North America Microalgae Market
- The North America Microalgae Market was valued at 769.48 USD Million in 2024.
- The North America Microalgae Market is likely to grow at a CAGR of 10.21% 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 577.66 USD Million
- The fastest growing segment Bio-Fuel in Application Segment grew Fastest with a CAGR of 11.03% during the forecast period from 2024 to 2032.
North America Microalgae Market Scope
North America Microalgae Market Segmentation & Scope
Product Type
- Others
- Dunaliella Salina
- Chlorella
- Spirulina
Microalgae Strain
- Nannochloropsis
- Porphyridium cruentum
- Phaeodactylum tricornutum
- Haematococcus pluvialis
- Others
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
Distribution Channel
- Indirect
- Direct
North America Microalgae Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2021 |
| Unit | Revenue in USD Million |
| Market Value in 2024 | 769.48 USD Million |
| Market Value in 2032 | 1,358.61 USD Million |
| CAGR (2025-2032) | 10.21% |
| Historic Data | 2016-2023 |
| Market Segments Covered | Product Type,Microalgae Strain,Application,Grade,Form,Category,Distribution Channel |
Regional Insights:
-
Leading Market (2024-2032): North America, leading in terms of revenue 769.48 USD Million in 2024
- Key Country: U.S., leading in terms of revenue with value of 677.61 USD Million in 2024.
Segments and Scope
-
North America Microalgae Market to 2032, By Product Type
- Spirulina is the largest segment in North America Microalgae Market to 2032 with a revenue of 343.08 USD Million in the year 2024.
- Spirulina is the Fastest growing segment in North America Microalgae Market to 2032 with a Growth rate of 10.98 % in forecast period 2025-2032.
-
North America Microalgae Market to 2032, By Microalgae Strain
- Others is the largest segment in North America Microalgae Market to 2032 with a revenue of 391.11 USD Million in the year 2024.
- Others is the Fastest growing segment in North America Microalgae Market to 2032 with a Growth rate of 10.84 % in forecast period 2025-2032.
-
North America Microalgae Market to 2032, By Application
- Dietary Supplements is the largest segment in North America Microalgae Market to 2032 with a revenue of 217.88 USD Million in the year 2024.
- Bio-Fuel is the Fastest growing segment in North America Microalgae Market to 2032 with a Growth rate of 9.99 % in forecast period 2025-2032.
-
North America Microalgae Market to 2032, By Grade
- Food Grade is the largest segment in North America Microalgae Market to 2032 with a revenue of 408.64 USD Million in the year 2024.
- Fuel Grade is the Fastest growing segment in North America Microalgae Market to 2032 with a Growth rate of 10.07 % in forecast period 2025-2032.
-
North America Microalgae Market to 2032, By Form
- Powder/Dry is the largest segment in North America Microalgae Market to 2032 with a revenue of 538.98 USD Million in the year 2024.
- Powder/Dry is the Fastest growing segment in North America Microalgae Market to 2032 with a Growth rate of 10.38 % in forecast period 2025-2032.
-
North America Microalgae Market to 2032, By Category
- Organic is the largest segment in North America Microalgae Market to 2032 with a revenue of 577.66 USD Million in the year 2024.
- Organic is the Fastest growing segment in North America Microalgae Market to 2032 with a Growth rate of 10.33 % in forecast period 2025-2032.
-
North America Microalgae Market to 2032, By Distribution Channel
- Direct is the largest segment in North America Microalgae Market to 2032 with a revenue of 501.75 USD Million in the year 2024.
- Direct is the Fastest growing segment in North America Microalgae Market to 2032 with a Growth rate of 10.49 % in forecast period 2025-2032.
North America Microalgae Market Company Share Analysis
| Company Name |
|
||
| Arthrex, Inc. | |||
| AstaReal AB | |||
| Corbion | |||
| Earthrise Nutritionals, LLC | |||
| DIC Corporation | |||
North America Microalgae Market Geographical Sales Distribution, 2018-2032 USD Million
North America Microalgae Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The North America Microalgae Market is segmented based on Segmentation Product Type,Microalgae Strain,Application,Grade,Form,Category,Distribution Channel.
North America Microalgae Market was valued at USD 769.48(Revenue in USD Million) in 2021.
North America Microalgae Market is projected to grow at a CAGR of 10.21% during the forecast period of 2024 to 2032.
The Organic segment is expected to dominate the North America Microalgae Market, holding a largest market share of 577.66 USD Million in 2024
North America Microalgae Market Scope
North America Microalgae Market Segmentation & Scope
Product Type
- Others
- Dunaliella Salina
- Chlorella
- Spirulina
Microalgae Strain
- Nannochloropsis
- Porphyridium cruentum
- Phaeodactylum tricornutum
- Haematococcus pluvialis
- Others
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
Distribution Channel
- Indirect
- Direct
Frequently Asked Questions
The North America Microalgae Market is segmented based on Segmentation Product Type,Microalgae Strain,Application,Grade,Form,Category,Distribution Channel.
North America Microalgae Market was valued at USD 769.48(Revenue in USD Million) in 2021.
North America Microalgae Market is projected to grow at a CAGR of 10.21% during the forecast period of 2024 to 2032.
The estimated market value of the North America Microalgae Market for final year is USD 1,358.61 (USD Million).
North America Microalgae Market Company Profiling
Frequently Asked Questions
The North America Microalgae Market is segmented based on Segmentation Product Type,Microalgae Strain,Application,Grade,Form,Category,Distribution Channel.
North America Microalgae Market was valued at USD 769.48(Revenue in USD Million) in 2021.
North America Microalgae Market is projected to grow at a CAGR of 10.21% during the forecast period of 2024 to 2032.
The estimated market value of the North America Microalgae Market for final year is USD 1,358.61 (USD Million).
CHOOSE LICENCE TYPE
- 4200.00
- 3500.00
- 2000.00
- 5500.00
- 8500.00
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.