Algae Extracts Market to Hit $8 Billion by 2030, says Global Market Insights Inc.

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Sep 2022
Algae Extracts Market to Hit 8 Billion by 2030,
says Global Market Insights Inc.
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Algae Extracts Market Analysis

• The Algae Extracts Market size is likely to
  exceed USD 8 billion by 2030, according to a new
  research report by Global Market Insights Inc.
• Increasing health consciousness among the younger
  population and a high prevalence of
  lifestyle-related disorders will drive the demand
  for algae extracts. Intake of fast-food items and
  processed food is leading to several deficiencies
  among younger adults.

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• The study identifies the growing demand for
  personal care products and cosmetics across the
  globe to be a key factor driving the use of algae
  extracts.
• There is a high demand for these compounds across
  regions such as Europe, which is one of the
  largest cosmetics markets in the world. In 2021,
  Europe generated more than USD 80 billion from
  retail sales of cosmetic products.

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Market Overview
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Key Players - Algae Extracts Market

• Olmix Group
• Corbion NV Kelp
• Allmicroalgae
• Earthrise Nutritionals LLC. (DIC Corporation)
• Goerlich Pharma GmbH
• Cyanotech Corporation
• Phycom Microalgae
• Tagrow Co., Ltd
• Arizona Algae Products, LLC

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Browse Full Market Research Report
_at_ https//www.gminsights.com/industry-analysis/alg
ae-extract-market Request for a Sample Copy of
this Report _at_ https//www.gminsights.com/request-s
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