Algal Oil Market, Global Outlook and Forecast
2022-2028 Market
Algal Oil Market, Global Outlook and Forecast 20222028 Market Scope: Industry Analysis, Market Size, Growth, Trends Till 2031
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Algal Oil Market, Global Outlook and Forecast 20222028 Market Size and Growth
The global algal oil market is projected to experience significant growth from 2022 to 2028 due to increasing consumer demand for plant-based products and sustainable sources of omega-3 fatty acids. The market size is estimated to reach $2.5 billion by 2028, driven by developments in biotechnology and increasing applications in various industries.
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Companies Covered
(Covid 19 Impact Covered)
◍ DSM
◍ Roquette
◍ Veramaris (EVONIK)
◍ ADM
◍ Corbion
◍ Kingdomway
◍ Cellana
◍ JC Biotech
◍ AlgiSys
◍ Fuxing
◍ CABIO
◍ FEMICO
◍ Huison
◍ Qingdao Keyuan
◍ Shandong Yuexiang
The global algal oil market is highly competitive with key players such as DSM, Roquette, Veramaris (Evonik), ADM, Corbion, and others dominating the market. These companies leverage innovative technologies and strategic partnerships to drive the growth of the algal oil market. Sales revenue figures: DSM - $10.5 billion, Evonik - $12.2 billion. Request Sample Report
Market Segmentation
By Application
Food & Beverages
Dietary Supplements & Nutraceutical
Pharmaceutical
Animal Feed
Others
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By Product
Market Growth
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$ X Billion USD
