Algae Products Market by Application, Type, Region - 2023 - MarketsandMarkets

The global algae products market is estimated at USD 3.98 Billion in 2018 and is projected to grow at a CAGR of 5.4%, to reach USD 5.17 Billion by 2023. The direct consumption of algae as a food product makes it a reliable food alternative with high nutritional value, which is a necessity for the growing population. This factor can also be considered as a driver for this industry.

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Uploaded on April 27, 2018