| Product Code: ETC9970356 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The United States continues to witness a significant influx of microalgae-based products from key exporting countries such as China, India, Bulgaria, Nigeria, and Turkey in 2024. Despite the high Herfindahl-Hirschman Index (HHI) indicating market concentration, the industry showcases strong growth with a notable Compound Annual Growth Rate (CAGR) of 7.31% from 2020 to 2024. The impressive growth rate of 12.34% from 2023 to 2024 suggests a thriving market for microalgae products, emphasizing the growing demand and potential opportunities for both domestic and international suppliers.

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) Microalgae Based Products Market Overview |
3.1 United States (US) Country Macro Economic Indicators |
3.2 United States (US) Microalgae Based Products Market Revenues & Volume, 2021 & 2031F |
3.3 United States (US) Microalgae Based Products Market - Industry Life Cycle |
3.4 United States (US) Microalgae Based Products Market - Porter's Five Forces |
3.5 United States (US) Microalgae Based Products Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 United States (US) Microalgae Based Products Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 United States (US) 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 Rising investments in research and development for innovative microalgae-based products |
4.3 Market Restraints |
4.3.1 High production costs associated with cultivating and processing microalgae |
4.3.2 Limited scalability of microalgae production leading to supply constraints |
4.3.3 Lack of standardized regulations and certifications for microalgae-based products |
5 United States (US) Microalgae Based Products Market Trends |
6 United States (US) Microalgae Based Products Market, By Types |
6.1 United States (US) Microalgae Based Products Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 United States (US) Microalgae Based Products Market Revenues & Volume, By Product, 2021- 2031F |
6.1.3 United States (US) Microalgae Based Products Market Revenues & Volume, By Spirulina, 2021- 2031F |
6.1.4 United States (US) Microalgae Based Products Market Revenues & Volume, By Chlorella, 2021- 2031F |
6.1.5 United States (US) Microalgae Based Products Market Revenues & Volume, By Duninella Salina, 2021- 2031F |
6.1.6 United States (US) Microalgae Based Products Market Revenues & Volume, By Astaxanthin, 2021- 2031F |
6.1.7 United States (US) Microalgae Based Products Market Revenues & Volume, By Beta carotene, 2021- 2031F |
6.1.8 United States (US) Microalgae Based Products Market Revenues & Volume, By PUFA Fatty Acid, 2021- 2031F |
6.1.9 United States (US) Microalgae Based Products Market Revenues & Volume, By Others, 2021- 2031F |
6.1.10 United States (US) Microalgae Based Products Market Revenues & Volume, By Others, 2021- 2031F |
6.2 United States (US) Microalgae Based Products Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 United States (US) Microalgae Based Products Market Revenues & Volume, By Food & Beverages, 2021- 2031F |
6.2.3 United States (US) Microalgae Based Products Market Revenues & Volume, By Personal Care, 2021- 2031F |
6.2.4 United States (US) Microalgae Based Products Market Revenues & Volume, By Nutraceuticals & Dietary Supplements, 2021- 2031F |
6.2.5 United States (US) Microalgae Based Products Market Revenues & Volume, By Pharmaceuticals, 2021- 2031F |
6.2.6 United States (US) Microalgae Based Products Market Revenues & Volume, By Chemicals, 2021- 2031F |
6.2.7 United States (US) Microalgae Based Products Market Revenues & Volume, By Fuel, 2021- 2031F |
6.2.8 United States (US) Microalgae Based Products Market Revenues & Volume, By Others, 2021- 2031F |
6.2.9 United States (US) Microalgae Based Products Market Revenues & Volume, By Others, 2021- 2031F |
7 United States (US) Microalgae Based Products Market Import-Export Trade Statistics |
7.1 United States (US) Microalgae Based Products Market Export to Major Countries |
7.2 United States (US) Microalgae Based Products Market Imports from Major Countries |
8 United States (US) Microalgae Based Products Market Key Performance Indicators |
8.1 Number of new product launches incorporating microalgae-based ingredients |
8.2 Research and development expenditure on microalgae-based product innovations |
8.3 Percentage increase in partnerships and collaborations within the microalgae industry |
8.4 Sustainability metrics such as carbon footprint reduction and water usage efficiency in microalgae production |
8.5 Consumer perception surveys on the benefits and acceptance of microalgae-based products |
9 United States (US) Microalgae Based Products Market - Opportunity Assessment |
9.1 United States (US) Microalgae Based Products Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 United States (US) Microalgae Based Products Market Opportunity Assessment, By Application, 2021 & 2031F |
10 United States (US) Microalgae Based Products Market - Competitive Landscape |
10.1 United States (US) Microalgae Based Products Market Revenue Share, By Companies, 2024 |
10.2 United States (US) 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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