A comprehensive industry overview and market perspective are included in the latest study from MarkNtel Advisors titled Global Dunaliella Salina Market. The research provides a detailed overview of the current market state, including market trends and the most recent advancements made globally. In-depth analysis of market size, share, industry trends, forecast, and competitive environment is covered in the report that presents clear picture of the market with relevant statistical data.
The report combines in-depth quantitative analysis with qualitative analysis; it ranges from macro-overviews of the overall market size, industry chain, and market dynamics to micro details of segment markets. This, as a result, provides a thorough overview of the industry under study as well as a profound understanding of all of its important features.
Global Dunaliella Salina Market Definition:
Dunaliella salina is a type of microalgae known for its rich nutritional content, such as high levels of beta-carotene, vitamins, minerals, antioxidants. It is cultivated for various applications in different industries like food beverages, dietary supplements, cosmetics personal care, and pharmaceuticals.
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Global Dunaliella Salina Market Insights:
The Global Dunaliella Salina Market is anticipated to grow at a CAGR of around 3.6% during the forecast period, i.e., 2023-28.
Global Dunaliella Salina Market Key Driver:
Evolving Demand in Nutraceuticals Dietary Supplements: Worldwide, the nutraceutical dietary supplement industries are experiencing significant growth, backed by consumer preferences for natural functional ingredients. Dunaliella salina is a sought-after ingredient in these sectors due to its nutrient-rich profile, which includes high levels of beta-carotene, vitamins, minerals, antioxidants that offer potential health benefits like immune boost, improved eye health, antioxidant protection. Hence, its mounting use across these industries in various forms, including capsules, tablets, powders, to enhance the nutritional content of supplements is driving the Global Dunaliella Salina Market.
Global Dunaliella Salina Market Leading Key Players:
Algalimento SL, Seagrass Tech, Plankton Australia Pty Limited, Nutragreenlife Biotechnology Co., Ltd., BlueBio Tech Group, Shaanxi Rebecca Bio-Tech Co., Ltd., IBR Ltd., MacPhersan, Hangzhou OuQi Food Co., Ltd., Xi'an Fengzu Biological Technology Co., Ltd., A4F Algae for Future, Bioveda Naturals, Xi'an Lyphar Biotech, Neoalgae Group, Other
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Global Dunaliella Salina Market Segmentation:
Based on Type
- Powder - Market Size Forecast 2018-2028, (USD Million)
- Liquid - Market Size Forecast 2018-2028, (USD Million)
Based on End User
- Extraction - Market Size Forecast 2018-2028, (USD Million)
- Food Beverage - Market Size Forecast 2018-2028, (USD Million)
- Feed - Market Size Forecast 2018-2028, (USD Million)
- Nutraceuticals Dietary Supplements - Market Size Forecast 2018-2028, (USD Million)
- Pharmaceutical - Market Size Forecast 2018-2028, (USD Million)
- Personal Care Cosmetics - Market Size Forecast 2018-2028, (USD Million)
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Global Dunaliella Salina Market Geographical Analysis
By Region
- North America
- South America
- Europe
- The Middle East and Africa
- Asia-Pacific
Recent Development of Global Dunaliella Salina Market:
On 14 June 2023, A4F(Algae for Future) announced its active role in the newly funded Horizon Europe project, INNOAQUA. In line with the European Green Deal's Farm-to-Fork Strategy, the project seeks to tap into the potential of algae as a low-carbon footprint protein source, aiming to drive sustainability competitiveness within the aquaculture sector and navigate the European algae industry towards a robust future.
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