| Product Code: ETC9959055 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The United States saw significant growth in algae import shipments in 2024, with top exporting countries including China, India, Bulgaria, Nigeria, and Turkey. The market remains highly concentrated with a high Herfindahl-Hirschman Index (HHI) indicating limited competition. The compound annual growth rate (CAGR) from 2020 to 2024 stands at a strong 7.31%, and the growth rate from 2023 to 2024 spiked at 12.34%. This data suggests a robust and dynamic market for algae imports in the United States, with potential opportunities for further expansion and competition in the coming years.

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 United States (US) Algae Market Overview |
3.1 United States (US) Country Macro Economic Indicators |
3.2 United States (US) Algae Market Revenues & Volume, 2021 & 2031F |
3.3 United States (US) Algae Market - Industry Life Cycle |
3.4 United States (US) Algae Market - Porter's Five Forces |
3.5 United States (US) Algae Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 United States (US) Algae Market Revenues & Volume Share, By Production Method, 2021 & 2031F |
3.7 United States (US) Algae Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 United States (US) Algae Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for sustainable and renewable energy sources |
4.2.2 Growing awareness about the health benefits of algae-based products |
4.2.3 Government initiatives and policies promoting the use of algae for various applications |
4.3 Market Restraints |
4.3.1 High production costs associated with algae cultivation and processing |
4.3.2 Limited consumer awareness and acceptance of algae-based products |
4.3.3 Regulatory challenges related to algae cultivation and commercialization |
5 United States (US) Algae Market Trends |
6 United States (US) Algae Market, By Types |
6.1 United States (US) Algae Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 United States (US) Algae Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 United States (US) Algae Market Revenues & Volume, By Microalgae, 2021- 2031F |
6.1.4 United States (US) Algae Market Revenues & Volume, By Macroalgae, 2021- 2031F |
6.2 United States (US) Algae Market, By Production Method |
6.2.1 Overview and Analysis |
6.2.2 United States (US) Algae Market Revenues & Volume, By Harvesting, 2021- 2031F |
6.2.3 United States (US) Algae Market Revenues & Volume, By Cultivation, 2021- 2031F |
6.3 United States (US) Algae Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 United States (US) Algae Market Revenues & Volume, By Animal Feed, 2021- 2031F |
6.3.3 United States (US) Algae Market Revenues & Volume, By Food, 2021- 2031F |
6.3.4 United States (US) Algae Market Revenues & Volume, By Biostimulant, 2021- 2031F |
6.3.5 United States (US) Algae Market Revenues & Volume, By Biopackaging, 2021- 2031F |
6.3.6 United States (US) Algae Market Revenues & Volume, By Pharma & Nutraceutical, 2021- 2031F |
6.3.7 United States (US) Algae Market Revenues & Volume, By Cosmetic, 2021- 2031F |
7 United States (US) Algae Market Import-Export Trade Statistics |
7.1 United States (US) Algae Market Export to Major Countries |
7.2 United States (US) Algae Market Imports from Major Countries |
8 United States (US) Algae Market Key Performance Indicators |
8.1 Research and development investment in algae-based technologies |
8.2 Number of new product launches using algae as an ingredient |
8.3 Environmental impact assessments and sustainability certifications for algae cultivation and processing |
8.4 Adoption rate of algae-based biofuels in the transportation sector |
8.5 Collaboration and partnerships between algae producers and key industry players |
9 United States (US) Algae Market - Opportunity Assessment |
9.1 United States (US) Algae Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 United States (US) Algae Market Opportunity Assessment, By Production Method, 2021 & 2031F |
9.3 United States (US) Algae Market Opportunity Assessment, By Application, 2021 & 2031F |
10 United States (US) Algae Market - Competitive Landscape |
10.1 United States (US) Algae Market Revenue Share, By Companies, 2024 |
10.2 United States (US) Algae 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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