Thailand Microalgae Market to 2032
Overview
The Thailand Microalgae Market is expected to reach a 48.26 USD Million by 2032 and is projected to grow at a CAGR of 10.59% from 2025 to 2032.
Revenue, 2024 (USD Million)
26.80
Forecast, 2032 (USD Million)
48.26
CAGR, 2024 - 2032
10.59%
Report Coverage
Thailand
Thailand Microalgae Market 2018-2032 USD Million
Thailand Microalgae Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 26.80 USD Million
- Projected Market Size (2032): 48.26 USD Million
- CAGR (2025-2032): 10.59%
Key Findings of Thailand Microalgae Market
- The Thailand Microalgae Market was valued at 26.80 USD Million in 2024.
- The Thailand Microalgae Market is likely to grow at a CAGR of 10.59% 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 21.48 USD Million
- The fastest growing segment Bio-Fuel in Application Segment grew Fastest with a CAGR of 11.46% during the forecast period from 2024 to 2032.
Thailand Microalgae Market Scope
Thailand Microalgae Market Segmentation & Scope
Distribution Channel
- Indirect
- Direct
Application
- Others
- Inks
- Bio-Fuel
- Animal Feed
- Pharmaceutical
- Cosmetic & Personal Care
- Food & Beverages
- Dietary Supplements
Category
- Inorganic
- Organic
Microalgae Strain
- Nannochloropsis
- Porphyridium cruentum
- Phaeodactylum tricornutum
- Haematococcus pluvialis
- Others
Product Type
- Others
- Dunaliella Salina
- Chlorella
- Spirulina
Form
- Liquid
- Powder/Dry
Grade
- Others
- Fuel Grade
- Feed Grade
- Cosmetic Grade
- Food Grade
Thailand Microalgae Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2021 |
| Unit | Revenue in USD Million |
| Market Value in 2024 | 26.80 USD Million |
| Market Value in 2032 | 48.26 USD Million |
| CAGR (2025-2032) | 10.59% |
| Historic Data | 2016-2023 |
| Market Segments Covered | Distribution Channel,Application,Category,Microalgae Strain,Product Type,Form,Grade |
Regional Insights:
-
Leading Market (2024-2032): Thailand, leading in terms of revenue 26.80 USD Million in 2024
- Key Country: Thailand, leading in terms of revenue with value of 26.80 USD Million in 2024.
Segments and Scope
-
Thailand Microalgae Market to 2032, By Distribution Channel
- Direct is the largest segment in Thailand Microalgae Market to 2032 with a revenue of 20.23 USD Million in the year 2024.
- Direct is the Fastest growing segment in Thailand Microalgae Market to 2032 with a Growth rate of 10.72 % in forecast period 2025-2032.
-
Thailand Microalgae Market to 2032, By Application
- Dietary Supplements is the largest segment in Thailand Microalgae Market to 2032 with a revenue of 10.24 USD Million in the year 2024.
- Bio-Fuel is the Fastest growing segment in Thailand Microalgae Market to 2032 with a Growth rate of 10.29 % in forecast period 2025-2032.
-
Thailand Microalgae Market to 2032, By Category
- Organic is the largest segment in Thailand Microalgae Market to 2032 with a revenue of 21.48 USD Million in the year 2024.
- Organic is the Fastest growing segment in Thailand Microalgae Market to 2032 with a Growth rate of 10.77 % in forecast period 2025-2032.
-
Thailand Microalgae Market to 2032, By Microalgae Strain
- Others is the largest segment in Thailand Microalgae Market to 2032 with a revenue of 13.11 USD Million in the year 2024.
- Others is the Fastest growing segment in Thailand Microalgae Market to 2032 with a Growth rate of 11.15 % in forecast period 2025-2032.
-
Thailand Microalgae Market to 2032, By Product Type
- Spirulina is the largest segment in Thailand Microalgae Market to 2032 with a revenue of 14.12 USD Million in the year 2024.
- Spirulina is the Fastest growing segment in Thailand Microalgae Market to 2032 with a Growth rate of 11.42 % in forecast period 2025-2032.
-
Thailand Microalgae Market to 2032, By Form
- Powder/Dry is the largest segment in Thailand Microalgae Market to 2032 with a revenue of 19.69 USD Million in the year 2024.
- Powder/Dry is the Fastest growing segment in Thailand Microalgae Market to 2032 with a Growth rate of 10.79 % in forecast period 2025-2032.
-
Thailand Microalgae Market to 2032, By Grade
- Food Grade is the largest segment in Thailand Microalgae Market to 2032 with a revenue of 16.01 USD Million in the year 2024.
- Fuel Grade is the Fastest growing segment in Thailand Microalgae Market to 2032 with a Growth rate of 10.47 % in forecast period 2025-2032.
Thailand Microalgae Market Company Share Analysis
| Company Name |
|
||
| Arthrex, Inc. | |||
| AstaReal AB | |||
| Corbion | |||
| Earthrise Nutritionals, LLC | |||
| DIC Corporation | |||
Thailand Microalgae Market Geographical Sales Distribution, 2018-2032 USD Million
Thailand Microalgae Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The Thailand Microalgae Market is segmented based on Segmentation Distribution Channel,Application,Category,Microalgae Strain,Product Type,Form,Grade.
Thailand Microalgae Market was valued at USD 26.80(Revenue in USD Million) in 2021.
Thailand Microalgae Market is projected to grow at a CAGR of 10.59% during the forecast period of 2024 to 2032.
The Organic segment is expected to dominate the Thailand Microalgae Market, holding a largest market share of 21.48 USD Million in 2024
Thailand Microalgae Market Scope
Thailand Microalgae Market Segmentation & Scope
Distribution Channel
- Indirect
- Direct
Application
- Others
- Inks
- Bio-Fuel
- Animal Feed
- Pharmaceutical
- Cosmetic & Personal Care
- Food & Beverages
- Dietary Supplements
Category
- Inorganic
- Organic
Microalgae Strain
- Nannochloropsis
- Porphyridium cruentum
- Phaeodactylum tricornutum
- Haematococcus pluvialis
- Others
Product Type
- Others
- Dunaliella Salina
- Chlorella
- Spirulina
Form
- Liquid
- Powder/Dry
Grade
- Others
- Fuel Grade
- Feed Grade
- Cosmetic Grade
- Food Grade
Frequently Asked Questions
The Thailand Microalgae Market is segmented based on Segmentation Distribution Channel,Application,Category,Microalgae Strain,Product Type,Form,Grade.
Thailand Microalgae Market was valued at USD 26.80(Revenue in USD Million) in 2021.
Thailand Microalgae Market is projected to grow at a CAGR of 10.59% during the forecast period of 2024 to 2032.
The estimated market value of the Thailand Microalgae Market for final year is USD 48.26 (USD Million).
Thailand Microalgae Market Company Profiling
Frequently Asked Questions
The Thailand Microalgae Market is segmented based on Segmentation Distribution Channel,Application,Category,Microalgae Strain,Product Type,Form,Grade.
Thailand Microalgae Market was valued at USD 26.80(Revenue in USD Million) in 2021.
Thailand Microalgae Market is projected to grow at a CAGR of 10.59% during the forecast period of 2024 to 2032.
The estimated market value of the Thailand Microalgae Market for final year is USD 48.26 (USD Million).
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