The North America algae products market size reached approximately USD 1.63 Billion in 2024. The market is projected to grow at a CAGR of 5.50% between 2025 and 2034, reaching a value of around USD 2.78 Billion by 2034.
As per the North America algae products market analysis, neutraceuticals and dietary supplements are expected to lead the demand. This is because of the rise of veganism in North America, which is prompting people to switch to vegetarian/vegan options for consuming omega-3 fatty acids which help in lowering blood pressure and minimising the risk of cardiovascular diseases. People are exploring algae-based supplements as an alternative to fish oils for improving their overall health. The products manufactured by the personal care industry are expected to make increasing use of algae for thickening skin creams and lotions and brightening dark spots and blemishes on the skin. Red, blue, green, and brown algae are expected to be used as extracts in the preparation of sensitive skincare products.
Canada is expected to account for a significant North America algae products market share. As a part of its climate action strategy, Canada can leverage the 17000 km long coastline of the provinces of Labrador and Newfoundland to cultivate seaweed, particularly kelp, for industrial and commercial applications. This includes using kelp as an ingredient in manufacturing shampoos and making biofuels.
The market is anticipated to grow due to the expansion of potential applications of algae products. A notable example of this is the creation of a wax-coated water-resistant jacket made from an algae-based bioplastic by a fashion designer based in New York. This innovative jacket was recognised and awarded the prestigious 2019 Innovation by Design Awards.
As per the North America algae products market analysis, neutraceuticals and dietary supplements are expected to lead the demand. This is because of the rise of veganism in North America, which is prompting people to switch to vegetarian/vegan options for consuming omega-3 fatty acids which help in lowering blood pressure and minimising the risk of cardiovascular diseases. People are exploring algae-based supplements as an alternative to fish oils for improving their overall health. The products manufactured by the personal care industry are expected to make increasing use of algae for thickening skin creams and lotions and brightening dark spots and blemishes on the skin. Red, blue, green, and brown algae are expected to be used as extracts in the preparation of sensitive skincare products.
Canada is expected to account for a significant North America algae products market share. As a part of its climate action strategy, Canada can leverage the 17000 km long coastline of the provinces of Labrador and Newfoundland to cultivate seaweed, particularly kelp, for industrial and commercial applications. This includes using kelp as an ingredient in manufacturing shampoos and making biofuels.
The market is anticipated to grow due to the expansion of potential applications of algae products. A notable example of this is the creation of a wax-coated water-resistant jacket made from an algae-based bioplastic by a fashion designer based in New York. This innovative jacket was recognised and awarded the prestigious 2019 Innovation by Design Awards.
Market Segmentation
North America Algae Products Market Report and Forecast 2025-2034 offers a detailed analysis of the market based on the following segments:Market Breakup by Source:
- Brown Algae
- Red Algae
- Green Algae
- Blue-Green Algae
Market Breakup by Form:
- Solid
- Liquid
Market Breakup by Type:
- Algal Protein
- Alginate
- Carrageenan
- Carotenoids
- Lipids
- Others
Market Breakup by Application:
- Personal Care
- Food and Beverage
- Nutraceuticals and Dietary Supplements
- Animal Feed
- Others
Market Breakup by Country:
- United States of America
- Canada
Competitive Landscape
The market participants are concentrating on technological innovations in algae cultivation to gain a competitive advantage.- BASF SE
- Archer-Daniels-Midland Co.
- Cyanotech Corporation
- Corbion NV
- Cellana, Inc.
- Arizona Algae Products, LLC
- Pond Technologies, Inc.
- Algenol Biotech
- Triton Algae Innovations
- Smallfood Inc.
- Others
Table of Contents
1 Executive Summary
2 Market Overview and Stakeholder Insights
3 Economic Summary
4 Country Risk Profiles
5 Global Algae Products Market Overview
6 North America Algae Products Market Overview
7 North America Algae Products Market by Source
8 North America Algae Products Market by Form
9 North America Algae Products Market by Type
10 North America Algae Products Market by Application
11 North America Algae Products Market by Country
12 Market Dynamics
13 Competitive Landscape
Companies Mentioned
- BASF SE
- Archer-Daniels-Midland Co.
- Cyanotech Corporation
- Corbion NV
- Cellana, Inc.
- Arizona Algae Products, LLC
- Pond Technologies, Inc.
- Algenol Biotech
- Triton Algae Innovations
- Smallfood Inc.
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 121 |
| Published | May 2025 |
| Forecast Period | 2025 - 2034 |
| Estimated Market Value ( USD | $ 1.63 Billion |
| Forecasted Market Value ( USD | $ 2.78 Billion |
| Compound Annual Growth Rate | 5.5% |
| Regions Covered | North America |
| No. of Companies Mentioned | 10 |
