| Product Code: ETC9472866 | Publication Date: Sep 2024 | Updated Date: Feb 2026 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Sri Lanka import trend for microalgae-based products saw significant growth from 2023 to 2024 at 81.36%, with a Compound Annual Growth Rate (CAGR) of 14.93% from 2020 to 2024. This surge can be attributed to the increasing consumer awareness of the health benefits associated with microalgae products.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Sri Lanka Microalgae Based Products Market Overview |
3.1 Sri Lanka Country Macro Economic Indicators |
3.2 Sri Lanka Microalgae Based Products Market Revenues & Volume, 2022 & 2032F |
3.3 Sri Lanka Microalgae Based Products Market - Industry Life Cycle |
3.4 Sri Lanka Microalgae Based Products Market - Porter's Five Forces |
3.5 Sri Lanka Microalgae Based Products Market Revenues & Volume Share, By Product, 2022 & 2032F |
3.6 Sri Lanka Microalgae Based Products Market Revenues & Volume Share, By Application, 2022 & 2032F |
4 Sri Lanka Microalgae Based Products Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing awareness about the health benefits of microalgae-based products |
4.2.2 Increasing demand for natural and sustainable ingredients in various industries |
4.2.3 Government initiatives promoting the cultivation and use of microalgae in Sri Lanka |
4.3 Market Restraints |
4.3.1 High production costs associated with microalgae cultivation and processing |
4.3.2 Limited technological advancements in microalgae farming and extraction methods |
4.3.3 Lack of consumer awareness and acceptance of microalgae-based products |
5 Sri Lanka Microalgae Based Products Market Trends |
6 Sri Lanka Microalgae Based Products Market, By Types |
6.1 Sri Lanka Microalgae Based Products Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Sri Lanka Microalgae Based Products Market Revenues & Volume, By Product, 2022-2032F |
6.1.3 Sri Lanka Microalgae Based Products Market Revenues & Volume, By Spirulina, 2022-2032F |
6.1.4 Sri Lanka Microalgae Based Products Market Revenues & Volume, By Chlorella, 2022-2032F |
6.1.5 Sri Lanka Microalgae Based Products Market Revenues & Volume, By Duninella Salina, 2022-2032F |
6.1.6 Sri Lanka Microalgae Based Products Market Revenues & Volume, By Astaxanthin, 2022-2032F |
6.1.7 Sri Lanka Microalgae Based Products Market Revenues & Volume, By Beta carotene, 2022-2032F |
6.1.8 Sri Lanka Microalgae Based Products Market Revenues & Volume, By PUFA Fatty Acid, 2022-2032F |
6.1.9 Sri Lanka Microalgae Based Products Market Revenues & Volume, By Others, 2022-2032F |
6.1.10 Sri Lanka Microalgae Based Products Market Revenues & Volume, By Others, 2022-2032F |
6.2 Sri Lanka Microalgae Based Products Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Sri Lanka Microalgae Based Products Market Revenues & Volume, By Food & Beverages, 2022-2032F |
6.2.3 Sri Lanka Microalgae Based Products Market Revenues & Volume, By Personal Care, 2022-2032F |
6.2.4 Sri Lanka Microalgae Based Products Market Revenues & Volume, By Nutraceuticals & Dietary Supplements, 2022-2032F |
6.2.5 Sri Lanka Microalgae Based Products Market Revenues & Volume, By Pharmaceuticals, 2022-2032F |
6.2.6 Sri Lanka Microalgae Based Products Market Revenues & Volume, By Chemicals, 2022-2032F |
6.2.7 Sri Lanka Microalgae Based Products Market Revenues & Volume, By Fuel, 2022-2032F |
6.2.8 Sri Lanka Microalgae Based Products Market Revenues & Volume, By Others, 2022-2032F |
6.2.9 Sri Lanka Microalgae Based Products Market Revenues & Volume, By Others, 2022-2032F |
7 Sri Lanka Microalgae Based Products Market Import-Export Trade Statistics |
7.1 Sri Lanka Microalgae Based Products Market Export to Major Countries |
7.2 Sri Lanka Microalgae Based Products Market Imports from Major Countries |
8 Sri Lanka Microalgae Based Products Market Key Performance Indicators |
8.1 Research and development investment in microalgae cultivation technologies |
8.2 Number of new product launches incorporating microalgae-based ingredients |
8.3 Adoption rate of microalgae-based products in different industries |
8.4 Sustainability practices implemented in microalgae cultivation and processing |
8.5 Number of partnerships and collaborations with research institutions or government agencies for promoting microalgae products |
9 Sri Lanka Microalgae Based Products Market - Opportunity Assessment |
9.1 Sri Lanka Microalgae Based Products Market Opportunity Assessment, By Product, 2022 & 2032F |
9.2 Sri Lanka Microalgae Based Products Market Opportunity Assessment, By Application, 2022 & 2032F |
10 Sri Lanka Microalgae Based Products Market - Competitive Landscape |
10.1 Sri Lanka Microalgae Based Products Market Revenue Share, By Companies, 2025 |
10.2 Sri Lanka Microalgae Based Products Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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