Global Microalgae-based Aquafeed market cagr 12.5%

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Microalgae-based Aquafeed Market

Microalgae-based Aquafeed Market Scope: Industry

Analysis, Market Size, Growth, Trends Till 2031

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Microalgae-based

Aquafeed

Market Size and Growth

The microalgae-based aquafeed market is witnessing robust growth, driven by increasing demand for sustainable and nutritious aquaculture products. The market size is projected to reach approximately $1.2 billion by 2026, supported by advances in cultivation technology and rising awareness of environmental impacts associated with traditional feed sources. Request Sample Report

Companies Covered

(Covid 19 Impact Covered)

◍ DSM

◍ Cellana Inc

◍ Cargill

◍ Algatechnologies ltd.

◍ Corbion

◍ CP Kelco

The Microalgae-based Aquafeed Market features key players like DSM, Cellana Inc, Cargill, Algatechnologies Ltd., Corbion, and CP Kelco. These companies leverage microalgae's nutritional benefits to enhance aquaculture sustainability, driving market growth through innovative formulations and partnerships. Revenue highlights include:

- DSM: €2.5 billion (2022)

- Cargill: $134 billion (2021)

They collectively innovate to expand this evolving market segment.

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Market Segmentation

By Application

Larval Fish

Molluscs

Crustaceans

Other

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By Product

Spirulina

Chlorella

Tetraselmis

Isochrysis

Pavlova

Other

Market Growth

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$ X Billion USD

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