United States (US) Algae Market (2025-2031) | Forecast, Industry, Companies, Segmentation, Value, Size & Revenue, Analysis, Share, Competitive Landscape, Growth, Outlook, Trends

Market Forecast By Type (Microalgae, Macroalgae), By Production Method (Harvesting, Cultivation), By Application (Animal Feed, Food, Biostimulant, Biopackaging, Pharma & Nutraceutical, Cosmetic, Biofuel) And Competitive Landscape
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

United States (US) Algae Market Top 5 Importing Countries and Market Competition (HHI) Analysis

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.

United States (US) Algae Market Top 5 Importing Countries and Market Competition (HHI) Analysis

Key Highlights of the Report:

  • United States (US) Algae Market Outlook
  • Market Size of United States (US) Algae Market, 2024
  • Forecast of United States (US) Algae Market, 2031
  • Historical Data and Forecast of United States (US) Algae Revenues & Volume for the Period 2021- 2031
  • United States (US) Algae Market Trend Evolution
  • United States (US) Algae Market Drivers and Challenges
  • United States (US) Algae Price Trends
  • United States (US) Algae Porter's Five Forces
  • United States (US) Algae Industry Life Cycle
  • Historical Data and Forecast of United States (US) Algae Market Revenues & Volume By Type for the Period 2021- 2031
  • Historical Data and Forecast of United States (US) Algae Market Revenues & Volume By Microalgae for the Period 2021- 2031
  • Historical Data and Forecast of United States (US) Algae Market Revenues & Volume By Macroalgae for the Period 2021- 2031
  • Historical Data and Forecast of United States (US) Algae Market Revenues & Volume By Production Method for the Period 2021- 2031
  • Historical Data and Forecast of United States (US) Algae Market Revenues & Volume By Harvesting for the Period 2021- 2031
  • Historical Data and Forecast of United States (US) Algae Market Revenues & Volume By Cultivation for the Period 2021- 2031
  • Historical Data and Forecast of United States (US) Algae Market Revenues & Volume By Application for the Period 2021- 2031
  • Historical Data and Forecast of United States (US) Algae Market Revenues & Volume By Animal Feed for the Period 2021- 2031
  • Historical Data and Forecast of United States (US) Algae Market Revenues & Volume By Food for the Period 2021- 2031
  • Historical Data and Forecast of United States (US) Algae Market Revenues & Volume By Biostimulant for the Period 2021- 2031
  • Historical Data and Forecast of United States (US) Algae Market Revenues & Volume By Biopackaging for the Period 2021- 2031
  • Historical Data and Forecast of United States (US) Algae Market Revenues & Volume By Pharma & Nutraceutical for the Period 2021- 2031
  • Historical Data and Forecast of United States (US) Algae Market Revenues & Volume By Cosmetic for the Period 2021- 2031
  • Historical Data and Forecast of United States (US) Algae Market Revenues & Volume By Biofuel for the Period 2021- 2031
  • United States (US) Algae Import Export Trade Statistics
  • Market Opportunity Assessment By Type
  • Market Opportunity Assessment By Production Method
  • Market Opportunity Assessment By Application
  • United States (US) Algae Top Companies Market Share
  • United States (US) Algae Competitive Benchmarking By Technical and Operational Parameters
  • United States (US) Algae Company Profiles
  • United States (US) Algae Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

6Wresearch actively monitors the United States (US) Algae Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the United States (US) Algae Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
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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 assessment - trade Analytics for 2030

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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