Microalgae are tiny groups of algae whose morphology can only be discerned under a microscope. Microalgae for animal feed are a good source of omega-3 fatty acids. Adding microalgae to animal feed can help reduce harvest time. Microalgae can be used as natural pigments, such as Haematococcus, which is widely used in aquaculture and poultry. Microalgae in aquaculture play an important role in enhancing the flesh color of farmed salmon. In the poultry industry, it helps promote yolk color in eggs. Spirulina is easy to digest, rich in nutrients and can promote animal growth.
This report contains market size and forecasts of Microalgae For Animal Feed in global, including the following market information:
Global Microalgae For Animal Feed Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Microalgae For Animal Feed Market Sales, 2017-2022, 2023-2028, (Tons)
Global top five Microalgae For Animal Feed companies in 2021 (%)
The global Microalgae For Animal Feed market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period 2022-2028.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Spirulina Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Microalgae For Animal Feed include DIC Corporation, Cyanotech Corporation, Koninkliijke, Roquette Frères, BASF, Fuji Chemical Industries, Parry Nutraceuticals, Beijing Gingko Group and KDI Ingredients, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Microalgae For Animal Feed manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Microalgae For Animal Feed Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (Tons)
Global Microalgae For Animal Feed Market Segment Percentages, by Type, 2021 (%)
Spirulina
Chlorella
Haematococcus
Others
Global Microalgae For Animal Feed Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (Tons)
Global Microalgae For Animal Feed Market Segment Percentages, by Application, 2021 (%)
Poultry Feed
Swine Feed
Cattle Feed
Aquaculture Feed
Equine Feed
Others
Global Microalgae For Animal Feed Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (Tons)
Global Microalgae For Animal Feed Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Microalgae For Animal Feed revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Microalgae For Animal Feed revenues share in global market, 2021 (%)
Key companies Microalgae For Animal Feed sales in global market, 2017-2022 (Estimated), (Tons)
Key companies Microalgae For Animal Feed sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
DIC Corporation
Cyanotech Corporation
Koninkliijke
Roquette Frères
BASF
Fuji Chemical Industries
Parry Nutraceuticals
Beijing Gingko Group
KDI Ingredients
Sinoway Industrial
INNOBIO Corporation
Yunnan Alphy Biotech
Algaecan Biotech
Algatechnologies
Cardax
Igene Biotechnology
Fenchem Biotek
AstaReal
TAAU Australia
Allma (Allmicroalgae)
Global EcoPower (Cyane)
Archimede Ricerche
Green A Biological