MICROALGAE-BASED PRODUCTS MARKET TO REACH VALUATION OF US$ 3.2 BN BY 2030

Pythonholic11 Mar, 2021Business

The global microalgae-based products market was valued at US$ 1.8 Bn in 2019 and is anticipated to expand at a CAGR of ~5% during the forecast period. Rise in usage of microalgae-based products in food and nutraceutical & dietary supplements applications is expected to drive the microalgae-based products market in the near future. Europe is anticipated to account for a major share of the global microalgae-based products market during the forecast period.