Market Research Report

Global Dunaliella Salina Market Research Report: Forecast (2023-2028)

By Type (Powder, Liquid), By End-User (B2C, Extraction, Food & Beverage, Feed, Nutraceuticals & Dietary Supplements, Pharmaceutical, Personal Care & Cosmetics), By Region (North Am...erica, South America, Europe, Middle East & Africa, Asia-Pacific), By Company (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) Read more

  • Food & Beverages
  • Jul 2023
  • 195
  • FB10228

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.

Market Insights & Analysis: Global Dunaliella Salina Market (2023-28)

The Global Dunaliella Salina Market is anticipated to grow at a CAGR of around 3.6% during the forecast period, i.e., 2023-28. The growth of the market would be propelled mainly by the burgeoning consumer demand for natural & functional ingredients and the growing prevalence of nutraceuticals & dietary supplements. Besides, the increasing application of Dunaliella salina in cosmetics & personal care products as well as functional foods, coupled with technological advancements in its cultivation & processing techniques and the sustainability & environmental advantages of its production, are other prominent aspects expected to drive the market in the future.

The high nutrient profile of Dunaliella salina offers potential health benefits like immune support, improved eye health, and antioxidant protection. The growing awareness among consumers of these benefits and their shifting preference toward natural & clean-label ingredients are amplifying the demand for natural food colorants derived from sources like Dunaliella salina and, in turn, fueling the market growth. In addition, its increasing use as an ingredient in functional foods like energy bars, smoothies, & health drinks to enhance nutritional content and provide antioxidant support is also favoring the market expansion.

Report Coverage Details
Study Period Historical Data: 2018-21
Base Year: 2022
Forecast Period: 2023-28
CAGR (2023-2028) 3.6%
Regions Covered North America: US, Canada, Mexico
Europe: Germany, The UK, France, Spain, Italy, Rest of Europe
Asia-Pacific: China, India, Japan, South Korea, Australia, Rest of Asia-Pacific
South America: Brazil, Argentina, Rest of South America
Middle East & Africa: UAE, Saudi Arabia, South Africa, Rest of MEA
Key Companies Profiled 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
Unit Denominations USD Million/Billion

 

Additionally, advances in cultivation techniques, such as photobioreactors (PBRs) & closed-loop systems, are being employed to improve the efficiency & scalability of Dunaliella salina production. Likewise, extraction methods are being optimized to obtain higher yields of bioactive compounds from Dunaliella salina, thereby driving the market. Furthermore, its mounting popularity in the cosmetics & personal care industry for its antioxidant properties & potential anti-aging benefits is another crucial aspect projected to spur growth in the Global Dunaliella Salina Market over the coming years.

Global Dunaliella Salina Market 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 Research Report: Forecast (2023-2028)

Global Dunaliella Salina Market Growth Restraint

Various Complexities Associated with Dunaliella Salina Production: Dunaliella salina is a type of highly sensitive microalgae that requires specific environmental conditions, such as sterile & carefully controlled temperature, salinity, light intensity, & nutrient availability, to prevent contamination by unwanted microorganisms & invasive species and ensure optimal productivity & growth. Any fluctuations or deviations in these parameters can adversely affect the cultivation process and result in reduced yields & inferior product quality. In addition, its cultivation process involves specialized techniques like photobioreactors, open ponds, or closed-loop systems, and each has its own challenges. The implementation & maintenance of these systems requires expertise, infrastructure, & heavy investment. Hence, the complexity of these techniques can pose barriers for new entrants in the Global Dunaliella Salina Market and limit its overall growth in the coming years.

Global Dunaliella Salina Market (2023-28): Segmentation Analysis

The Global Dunaliella Salina Market study from MarkNtel Advisors evaluates & highlights the major trends & influencing factors in each segment and includes predictions for the period 2023–2028 at the global, regional, & national levels. Based on the analysis, the market has been further classified as:

Based on Type:

  • Powder
  • Liquid

Of both, the powder form holds a significant share of the Global Dunaliella Salina Market. It owes to its ease of formulation, extended shelf life, cost-effectiveness, convenience for end-users, and versatile applications. Dunaliella salina powder is a common ingredient used in the production of dietary supplements, functional foods, & beverages and offers convenience in handling, storage, & formulation. It can be easily incorporated into various products like capsules, tablets, & botanical extracts to create custom blends for specific applications, which makes it a popular choice for manufacturers in the nutraceutical, dietary supplement, & functional food industries.

Compared to the liquid form, powdered Dunaliella salina has a longer shelf life. The drying process used to create the powder helps preserve nutrients & bioactive compounds in Dunaliella salina, which allows it to be stored for extended periods without significant degradation. In addition, the powdered form also provides flexibility in dosage adjustments as per individual preferences or recommended guidelines. Hence, these beneficial characteristics of the powdered form of Dunaliella salina contribute to its demand worldwide and, in turn, fuel the overall market growth.

Based on End-User:

  • Extraction
  • Food & Beverage
  • Feed
  • Nutraceuticals & Dietary Supplements
  • Pharmaceutical
  • Personal Care & Cosmetics

Here, the globally booming nutraceutical & dietary supplements industries are the largest end-users of Dunaliella salina. The ever-increasing consumer awareness of the benefits of natural & plant-based products for health & wellness is benefitting the industry and, in turn, pushing the demand for Dunaliella salina, i.e., used as a source of natural beta-carotene, a precursor to vitamin A with antioxidant properties. In addition, it is also used in the production of astaxanthin, a potent antioxidant known for its anti-inflammatory & immune-boosting effects.

Nutraceuticals & dietary supplements provide a convenient way for consumers to obtain essential nutrients, vitamins, & minerals to supplement their diets. Dunaliella salina has high levels of beta-carotene, vitamins, minerals, & antioxidants, owing to which it is extensively recognized as a valuable ingredient for these products. Moreover, it is also rich in antioxidants, which help combat free radicals & oxidative stress in the body and maintain overall health by reducing the risk of chronic diseases. Hence, these properties of Dunaliella salina make it a sought-after ingredient in the nutraceuticals & dietary supplements industries, which aids in the overall market growth.

Global Dunaliella Salina Market Regional Projection:

  • North America
  • South America
  • Europe
  • Middle East & Africa
  • Asia-Pacific

Of all regions globally, North America, particularly the US & Canada, holds a prominent position in the Dunaliella Salina Market. It owes to well-established nutraceuticals & dietary supplements industries in these countries, driven by the growing health-conscious population and the elevating demand for natural & plant-based across sectors like food & beverage, personal care, etc.

Dunaliella Salina, being a natural ingredient, aligns well with this demand for clean-label products, and its application in food colorants, functional foods, & natural personal care products caters to the increasing consumer inclination toward natural & sustainable choices. Moreover, the presence of key manufacturers, suppliers, & research institutions, which are actively involved in the cultivation, processing, & research of Dunaliella salina to promote innovations and the expansion of product offerings, is another notable contributor to regional market growth.

Regulatory bodies like the US Food and Drug Administration (FDA) provide guidelines & standards for the use of natural ingredients in various applications, which favors new entrants in the market. The region is also witnessing an emerging trend toward functional foods that offer additional health benefits beyond basic nutrition. Dunaliella Salina, with its high nutritional properties, is gaining recognition as an ingredient in functional foods like energy bars, smoothies, & health drinks, i.e., another prominent aspect driving the North America Dunaliella Salina Market.

Global Dunaliella Salina Industry Recent Developments:

  • 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.
  • On 2 March 2023, Nutragreenlife Biotechnology Co., Ltd.successfully established Lushi County Shanyangde Biotechnology Co., Ltd., aiming to strengthen new product R&D and production layout as well as accelerate its factory direct sales strategy.

Gain a Competitive Edge with Our Global Dunaliella Salina Market Report

  1. Global Dunaliella Salina Market report provides a detailed and thorough analysis of market size, growth rate, competitive landscape, and key players. This comprehensive analysis helps businesses gain a holistic understanding of the market dynamics and make informed decisions.
  2. This report also highlights current market trends and future projections, allowing businesses to identify emerging opportunities and potential challenges. By understanding market forecasts, companies can align their strategies and stay ahead of the competition.
  3. Global Dunaliella Salina Market report aids in assessing and mitigating risks associated with entering or operating in the market.
  4. The report would help in understanding market dynamics, regulatory frameworks, and potential challenges, businesses can develop strategies to minimize risks and optimize their operations.

Frequently Asked Questions

   A. The Dunaliella Salina Market is forecast to grow at a CAGR of around 3.6% during 2023-28

   A. The ever-rising demand for Dunaliella salina in nutraceuticals & dietary supplements industries is the prime aspect projected to drive the Dunaliella Salina Market during 2023-28.

   A. Algalimento SL, Seagrass Tech, Plankton Australia Pty Limited, BlueBio Tech Group, Shaanxi Rebecca Bio-Tech Co., Ltd., IBR Ltd., MacPhersan, Nutragreenlife Biotechnology Co., Ltd., Hangzhou OuQi Food Co., Ltd., Xi’an Fengzu Biological Technology Co., Ltd., A4F Algae for Future, Bioveda Naturals, Xi'an Lyphar Biotech, and Neoalgae Group are the key players operating in the Dunaliella Salina Market.

   A. Complex processes involved in the cultivation of Dunaliella salina are the major growth restraints for the Dunaliella Salina Market.

   A. The powder form would continue generating lucrative prospects for the leading participants in the Dunaliella Salina Market through 2028.

   A. Globally, North America would provide profitable growth opportunities to the Dunaliella Salina Market over the forecast years.

Global Dunaliella Salina Market Research Report (2023-2028) - Table of Contents

 

  1. Market Segmentation
  2. Introduction
    1. Product Definition
    2. Research Process
    3. Assumptions
  3. Executive Summary
  4. Global Dunaliella Salina Market Regulations and Policy
  5. Global Dunaliella Salina Market Trends & Developments
  6. Global Dunaliella Salina Market Dynamics
    1. Drivers
    2. Challenges
  7. Global Dunaliella Salina Market Hotspot & Opportunities
  8. Global Dunaliella Salina Market Outlook, 2018-2028F
    1. Market Size & Analysis
      1. By Revenues (USD Million)
    2. Market Share & Analysis
      1. By Type
        1. Powder - Market Size & Forecast 2018-2028, (USD Million)
        2. Liquid - Market Size & Forecast 2018-2028, (USD Million)
      2. By End User
        1. Extraction - Market Size & Forecast 2018-2028, (USD Million)
        2. Food & Beverage - Market Size & Forecast 2018-2028, (USD Million)
        3. Feed - Market Size & Forecast 2018-2028, (USD Million)
        4. Nutraceuticals & Dietary Supplements - Market Size & Forecast 2018-2028, (USD Million)
        5. Pharmaceutical - Market Size & Forecast 2018-2028, (USD Million)
        6. Personal Care & Cosmetics - Market Size & Forecast 2018-2028, (USD Million)
      3. By Region
        1. North America
        2. South America
        3. Europe
        4. The Middle East and Africa
        5. Asia-Pacific
      4. By Company
        1. Market Share
        2. Competition Characteristics
  9. North America Dunaliella Salina Market Outlook, 2018-2028F
    1. Market Size & Analysis
      1. By Revenues (USD Million)
    2. Market Share & Analysis
      1. By Type- Market Size & Forecast 2018-2028, (USD Million)
      2. By End User- Market Size & Forecast 2018-2028, (USD Million)
      3. By Country
        1. The US
        2. Canada
        3. Mexico
    3. The US Dunaliella Salina Market Outlook, 2018-2028F
      1. Market Size & Analysis
        1. By Revenues (USD Million)
      2. Market Share & Analysis
        1. By Type- Market Size & Forecast 2018-2028, (USD Million)
        2. By End User- Market Size & Forecast 2018-2028, (USD Million)
    4. Canada Dunaliella Salina Market Outlook, 2018-2028F
      1. Market Size & Analysis
        1. By Revenues (USD Million)
      2. Market Share & Analysis
        1. By Type- Market Size & Forecast 2018-2028, (USD Million)
        2. By End User- Market Size & Forecast 2018-2028, (USD Million)
    5. Mexico Dunaliella Salina Market Outlook, 2018-2028F
      1. Market Size & Analysis
        1. By Revenues (USD Million)
      2. Market Share & Analysis
        1. By Type- Market Size & Forecast 2018-2028, (USD Million)
        2. By End User- Market Size & Forecast 2018-2028, (USD Million)
  10. South America Dunaliella Salina Market Outlook, 2018-2028F
    1. Market Size & Analysis
      1. By Revenues (USD Million)
    2. Market Share & Analysis
      1. By Type- Market Size & Forecast 2018-2028, (USD Million)
      2. By End User- Market Size & Forecast 2018-2028, (USD Million)
      3. By Country
        1. Brazil
        2. Argentina
        3. Rest of South America
    3. Brazil Dunaliella Salina Market Outlook, 2018-2028F
      1. Market Size & Analysis
        1. By Revenues (USD Million)
      2. Market Share & Analysis
        1. By Type- Market Size & Forecast 2018-2028, (USD Million)
        2. By End User- Market Size & Forecast 2018-2028, (USD Million)
    4. Argentina Dunaliella Salina Market Outlook, 2018-2028F
      1. Market Size & Analysis
        1. By Revenues (USD Million)
      2. Market Share & Analysis
        1. By Type- Market Size & Forecast 2018-2028, (USD Million)
        2. By End User- Market Size & Forecast 2018-2028, (USD Million)
  11. Europe Dunaliella Salina Market Outlook, 2018-2028F
    1. Market Size & Analysis
      1. By Revenues (USD Million)
    2. Market Share & Analysis
      1. By Type- Market Size & Forecast 2018-2028, (USD Million)
      2. By End User- Market Size & Forecast 2018-2028, (USD Million)
      3. By Country
        1. Germany
        2. The UK
        3. France
        4. Italy
        5. Spain
        6. Rest of Europe
    3. Germany Dunaliella Salina Market Outlook, 2018-2028F
      1. Market Size & Analysis
        1. By Revenues (USD Million)
      2. Market Share & Analysis
        1. By Type- Market Size & Forecast 2018-2028, (USD Million)
        2. By End User- Market Size & Forecast 2018-2028, (USD Million)
    4. The UK Dunaliella Salina Market Outlook, 2018-2028F
      1. Market Size & Analysis
        1. By Revenues (USD Million)
      2. Market Share & Analysis
        1. By Type- Market Size & Forecast 2018-2028, (USD Million)
        2. By End User- Market Size & Forecast 2018-2028, (USD Million)
    5. France Dunaliella Salina Market Outlook, 2018-2028F
      1. Market Size & Analysis
        1. By Revenues (USD Million)
      2. Market Share & Analysis
        1. By Type- Market Size & Forecast 2018-2028, (USD Million)
        2. By End User- Market Size & Forecast 2018-2028, (USD Million)
    6. Italy Dunaliella Salina Market Outlook, 2018-2028F
      1. Market Size & Analysis
        1. By Revenues (USD Million)
      2. Market Share & Analysis
        1. By Type- Market Size & Forecast 2018-2028, (USD Million)
        2. By End User- Market Size & Forecast 2018-2028, (USD Million)
    7. Spain Dunaliella Salina Market Outlook, 2018-2028F
      1. Market Size & Analysis
        1. By Revenues (USD Million)
      2. Market Share & Analysis
        1. By Type- Market Size & Forecast 2018-2028, (USD Million)
        2. By End User- Market Size & Forecast 2018-2028, (USD Million)
  12. The Middle East and Africa Dunaliella Salina Market Outlook, 2018-2028F
    1. Market Size & Analysis
      1. By Revenues (USD Million)
    2. Market Share & Analysis
      1. By Type- Market Size & Forecast 2018-2028, (USD Million)
      2. By End User- Market Size & Forecast 2018-2028, (USD Million)
      3. By Country
        1. South Africa
        2. The UAE
        3. Saudi Arabia
        4. Rest of Middle East and Africa
    3. South Africa Dunaliella Salina Market Outlook, 2018-2028F
      1. Market Size & Analysis
        1. By Revenues (USD Million)
      2. Market Share & Analysis
        1. By Type- Market Size & Forecast 2018-2028, (USD Million)
        2. By End User- Market Size & Forecast 2018-2028, (USD Million)
    4. The UAE Dunaliella Salina Market Outlook, 2018-2028F
      1. Market Size & Analysis
        1. By Revenues (USD Million)
      2. Market Share & Analysis
        1. By Type- Market Size & Forecast 2018-2028, (USD Million)
        2. By End User- Market Size & Forecast 2018-2028, (USD Million)
    5. Saudi Arabia Dunaliella Salina Market Outlook, 2018-2028F
      1. Market Size & Analysis
        1. By Revenues (USD Million)
      2. Market Share & Analysis
        1. By Type- Market Size & Forecast 2018-2028, (USD Million)
        2. By End User- Market Size & Forecast 2018-2028, (USD Million)
  13. Asia-Pacific Dunaliella Salina Market Outlook, 2018-2028F
    1. Market Size & Analysis
      1. By Revenues (USD Million)
    2. Market Share & Analysis
      1. By Type- Market Size & Forecast 2018-2028, (USD Million)
      2. By End User- Market Size & Forecast 2018-2028, (USD Million)
      3. By Country
        1. China
        2. Japan
        3. Australia
        4. India
        5. South Korea
        6. Rest of Asia Pacific
    3. China Dunaliella Salina Market Outlook, 2018-2028F
      1. Market Size & Analysis
        1. By Revenues (USD Million)
      2. Market Share & Analysis
        1. By Type- Market Size & Forecast 2018-2028, (USD Million)
        2. By End User- Market Size & Forecast 2018-2028, (USD Million)
    4. Japan Dunaliella Salina Market Outlook, 2018-2028F
      1. Market Size & Analysis
        1. By Revenues (USD Million)
      2. Market Share & Analysis
        1. By Type- Market Size & Forecast 2018-2028, (USD Million)
        2. By End User- Market Size & Forecast 2018-2028, (USD Million)
    5. Australia Dunaliella Salina Market Outlook, 2018-2028F
      1. Market Size & Analysis
        1. By Revenues (USD Million)
      2. Market Share & Analysis
        1. By Type- Market Size & Forecast 2018-2028, (USD Million)
        2. By End User- Market Size & Forecast 2018-2028, (USD Million)
    6. India Dunaliella Salina Market Outlook, 2018-2028F
      1. Market Size & Analysis
        1. By Revenues (USD Million)
      2. Market Share & Analysis
        1. By Type- Market Size & Forecast 2018-2028, (USD Million)
        2. By End User- Market Size & Forecast 2018-2028, (USD Million)
    7. South Korea Dunaliella Salina Market Outlook, 2018-2028F
      1. Market Size & Analysis
        1. By Revenues (USD Million)
      2. Market Share & Analysis
        1. By Type- Market Size & Forecast 2018-2028, (USD Million)
        2. By End User- Market Size & Forecast 2018-2028, (USD Million)
  14. Competitive Outlook
    1. Company Profiles 
      1. Algalimento SL
        1. Business Description
        2. Product Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Developments
        5. Financial Details
        6. Others
      2. Seagrass Tech
        1. Business Description
        2. Product Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Developments
        5. Financial Details
        6. Others
      3.   Plankton Australia Pty Limited
        1. Business Description
        2. Product Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Developments
        5. Financial Details
        6. Others
      4. BlueBio Tech Group
        1. Business Description
        2. Product Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Developments
        5. Financial Details
        6. Others
      5. Shaanxi Rebecca Bio-Tech Co., LTD
        1. Business Description
        2. Product Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Developments
        5. Financial Details
        6. Others
      6. IBR Ltd
        1. Business Description
        2. Product Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Developments
        5. Financial Details
        6. Others
      7. MacPhersan
        1. Business Description
        2. Product Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Developments
        5. Financial Details
        6. Others
      8. Nutragreenlife Biotechnology Co., Ltd.
        1. Business Description
        2. Product Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Developments
        5. Financial Details
        6. Others
      9. Hangzhou OuQi Food Co., Ltd.
        1. Business Description
        2. Product Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Developments
        5. Financial Details
        6. Others
      10. Xi’an Fengzu Biological Technology Co., Ltd.
        1. Business Description
        2. Product Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Developments
        5. Financial Details
        6. Others
      11. A4F Algae for Future
        1. Business Description
        2. Product Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Developments
        5. Financial Details
        6. Others
      12. Bioveda Naturals
        1. Business Description
        2. Product Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Developments
        5. Financial Details
        6. Others
      13. Xi'an Lyphar Biotech
        1. Business Description
        2. Product Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Developments
        5. Financial Details
        6. Others
      14. Neoalgae Group
        1. Business Description
        2. Product Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Developments
        5. Financial Details
        6. Others
      15. Others
  15. Disclaimer


Dunaliella Salina Market Segmentation
Place an order
Only market data will be provided in the excel spreadsheet.

USD 3,700

The report will be delivered in PDF format without printing rights. It is advised for a single user.

USD 4,850

The report will be delivered in PDF format with printing rights. It is advised for up to five users.

USD 6,000

The report will be delivered in PDF format with printing rights and excel sheet. It is advised for companies where multiple users would like to access the report from multiple locations

USD 7,500

Request Sample Talk to our Consultant Request Customization
Related Reports