| Product Code: ETC9472870 | 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 products saw significant growth from 2023 to 2024, with a growth rate of 81.36%. The compound annual growth rate (CAGR) for the period 2020-2024 stood at 14.93%. This surge could be attributed to increasing consumer awareness of the health benefits of 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 Products Market Overview |
3.1 Sri Lanka Country Macro Economic Indicators |
3.2 Sri Lanka Microalgae Products Market Revenues & Volume, 2022 & 2032F |
3.3 Sri Lanka Microalgae Products Market - Industry Life Cycle |
3.4 Sri Lanka Microalgae Products Market - Porter's Five Forces |
3.5 Sri Lanka Microalgae Products Market Revenues & Volume Share, By Form, 2022 & 2032F |
3.6 Sri Lanka Microalgae Products Market Revenues & Volume Share, By Product, 2022 & 2032F |
3.7 Sri Lanka Microalgae Products Market Revenues & Volume Share, By End Use, 2022 & 2032F |
4 Sri Lanka Microalgae Products Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing awareness about the health benefits of microalgae products |
4.2.2 Increasing demand for natural and sustainable ingredients in various industries |
4.2.3 Government initiatives supporting the development of the microalgae industry in Sri Lanka |
4.3 Market Restraints |
4.3.1 High production costs associated with cultivating and processing microalgae |
4.3.2 Limited technological advancements in microalgae cultivation and extraction methods |
4.3.3 Lack of widespread consumer awareness and acceptance of microalgae products |
5 Sri Lanka Microalgae Products Market Trends |
6 Sri Lanka Microalgae Products Market, By Types |
6.1 Sri Lanka Microalgae Products Market, By Form |
6.1.1 Overview and Analysis |
6.1.2 Sri Lanka Microalgae Products Market Revenues & Volume, By Form, 2022-2032F |
6.1.3 Sri Lanka Microalgae Products Market Revenues & Volume, By Powder & Flakes, 2022-2032F |
6.1.4 Sri Lanka Microalgae Products Market Revenues & Volume, By Tab/Cap, 2022-2032F |
6.1.5 Sri Lanka Microalgae Products Market Revenues & Volume, By Paste, 2022-2032F |
6.2 Sri Lanka Microalgae Products Market, By Product |
6.2.1 Overview and Analysis |
6.2.2 Sri Lanka Microalgae Products Market Revenues & Volume, By Chlorella, 2022-2032F |
6.2.3 Sri Lanka Microalgae Products Market Revenues & Volume, By Spirulina, 2022-2032F |
6.2.4 Sri Lanka Microalgae Products Market Revenues & Volume, By Nannochloropsis, 2022-2032F |
6.2.5 Sri Lanka Microalgae Products Market Revenues & Volume, By Astaxanthin, 2022-2032F |
6.2.6 Sri Lanka Microalgae Products Market Revenues & Volume, By B-Carotene, 2022-2032F |
6.2.7 Sri Lanka Microalgae Products Market Revenues & Volume, By PUFA, 2022-2032F |
6.3 Sri Lanka Microalgae Products Market, By End Use |
6.3.1 Overview and Analysis |
6.3.2 Sri Lanka Microalgae Products Market Revenues & Volume, By Food & Beverage Processing, 2022-2032F |
6.3.3 Sri Lanka Microalgae Products Market Revenues & Volume, By Bakery & Confectionery, 2022-2032F |
6.3.4 Sri Lanka Microalgae Products Market Revenues & Volume, By Meat Products, 2022-2032F |
6.3.5 Sri Lanka Microalgae Products Market Revenues & Volume, By Dairy & Desserts, 2022-2032F |
6.3.6 Sri Lanka Microalgae Products Market Revenues & Volume, By Others, 2022-2032F |
7 Sri Lanka Microalgae Products Market Import-Export Trade Statistics |
7.1 Sri Lanka Microalgae Products Market Export to Major Countries |
7.2 Sri Lanka Microalgae Products Market Imports from Major Countries |
8 Sri Lanka Microalgae Products Market Key Performance Indicators |
8.1 Research and development investment in new microalgae cultivation technologies |
8.2 Number of partnerships and collaborations between microalgae companies and other industries (e.g., food, cosmetics) |
8.3 Sustainability metrics such as water and energy consumption per unit of microalgae product |
9 Sri Lanka Microalgae Products Market - Opportunity Assessment |
9.1 Sri Lanka Microalgae Products Market Opportunity Assessment, By Form, 2022 & 2032F |
9.2 Sri Lanka Microalgae Products Market Opportunity Assessment, By Product, 2022 & 2032F |
9.3 Sri Lanka Microalgae Products Market Opportunity Assessment, By End Use, 2022 & 2032F |
10 Sri Lanka Microalgae Products Market - Competitive Landscape |
10.1 Sri Lanka Microalgae Products Market Revenue Share, By Companies, 2025 |
10.2 Sri Lanka Microalgae 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.
To discover high-growth global markets and optimize your business strategy:
Click Here