Algae Products Market Report 2026

The algae products market size has grown strongly in recent years. It will grow from $6.06 billion in 2025 to $6.46 billion in 2026 at a compound annual growth rate (CAGR) of 6.6%. The growth in the historic period can be attributed to increasing use of algae in food formulations, expansion of dietary supplement markets, growth of aquaculture feed demand, early adoption of algae-based ingredients, availability of diverse algae sources.

The algae products market size is expected to see strong growth in the next few years. It will grow to $8.3 billion in 2030 at a compound annual growth rate (CAGR) of 6.5%. The growth in the forecast period can be attributed to increasing demand for sustainable protein sources, rising investments in algae biotechnology, expansion of plant-based nutrition, growing interest in carbon-negative raw materials, technological advances in algae processing. Major trends in the forecast period include increasing use of algae-based nutritional ingredients, rising demand for omega-3 and algal proteins, growing application in animal feed and aquaculture, expansion of algae-derived bio-based materials, enhanced focus on scalable algae cultivation.

The growing demand for healthy food products is expected to drive the growth of the algae products market going forward. Healthy food products are those that contain nutrients supporting the body’s well-being and energy retention. Algae products offer a variety of beneficial elements, including carbohydrates, polyunsaturated fatty acids, essential minerals, and vitamins, commonly used in healthy foods. For instance, in June 2025, according to the Good Food Institute (GFI) Europe, a Belgium-based international NGO promoting sustainable food systems, the French retail market for plant-based foods grew strongly in 2023, rising 8.8% to reach $625 billion in 2024, a 20.5% increase compared to 2022. Therefore, the growing demand for healthy food products is fueling the algae products market.

Major companies in the algae products market are focusing on innovative solutions, such as protein-rich algal powders, to meet the rising demand for sustainable, plant-based ingredients. Protein-rich algal powders are nutrient-dense ingredients made from dried algae, providing high levels of plant-based protein for use in food, beverages, and nutritional applications. For example, in February 2025, GC Rieber VivoMega AS, a Norway-based manufacturer, launched Algae 1060 TG Premium, an algal-derived omega-3 ingredient containing both EPA and DHA. This product offers a high-purity, vegan, and sustainable alternative to fish-based omega-3 oils for dietary supplements and functional foods, reflecting the company’s focus on expanding its premium algae-based omega-3 portfolio.

In March 2023, JRS Group, a Germany-based manufacturer of functional plant-based ingredients, acquired Algaia SA for an undisclosed amount. Through this acquisition, JRS Group aims to enhance its seaweed-based product offerings by integrating Algaia’s expertise in sustainably produced seaweed extracts and hydrocolloids, while expanding its capacity to supply natural, renewable, and biodegradable solutions across multiple industries. Algaia SA is a France-based company specializing in seaweed extracts, hydrocolloids, and algae-derived functional ingredients for food, feed, pharmaceuticals, personal care, and industrial applications.

Major companies operating in the algae products market are Cellana Inc., BlueBioTech International GmbH, Corbion NV, Earthrise Nutritionals LLC, Cyanotech Corporation, AlgaeCan Biotech Ltd., Bioprocess Algae LLC, Euglena Co. Ltd., DIC Corporation, CP Kelco ApS, Algae Systems LLC, Acadian Seaplants Limited, Wild Irish Seaweeds Ltd., Beijing Leili Marine Bioindustry Inc., ACCEL Carrageenan Corporation, Algae Bio-Tech India (P) Ltd., Algaen Corp, Algaeventure Systems (AVS), Algaetech International, Algarithm Ingredients Inc., Algix LLC.

North America was the largest region in the algae products market in 2025. The regions covered in the algae products market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the algae products market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Italy, Spain, Canada.

The algae products market consists of sales of bioplastics, industrial lubricants, green chemicals,cosmetics. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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