What are you looking for?

Need help finding what you are looking for? Contact Us

Compare

Free Samples

Home Market Research Reports Food

Oil & Fat

PUBLISHER: Fairfield Market Research | PRODUCT CODE: 1563168

PUBLISHER: Fairfield Market Research | PRODUCT CODE: 1563168

Algal Oil Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2031

PUBLISHED: September 18, 2024

PAGES: 315 Pages

DELIVERY TIME: 2-5 business days

ADD TO COMPARE

SELECT AN OPTION

Description

The global algal oil market is experiencing a significant surge in demand, projected to grow from $149.94 million in 2024 to $232.1 million by 2031, at a robust CAGR of 6.40%. As consumers shift towards more sustainable and health-oriented dietary choices, algal oil is emerging as a compelling substitute for traditional fish oils and other animal-based products. Companies in the food and pharmaceutical industries are capitalizing on this trend, positioning the algal oil market for substantial growth in the years to come.

Increasing Demand for Plant-Based Ingredients

The rising demand for plant-based ingredients globally is one of the primary drivers of the algal oil market. With consumers becoming increasingly aware of the environmental and health impacts of animal-derived products, the shift towards plant-based alternatives is gaining momentum. Algal oil, rich in essential omega-3 fatty acids, offers similar nutritional benefits to fish oil without the environmental concerns or ethical dilemmas associated with animal-based options.

As more consumers adopt plant-based diets to mitigate health issues such as obesity and heart disease, algal oil is becoming an attractive choice. Its ability to lower the risk of chronic diseases and promote overall wellness is expected to continue driving demand for clean, sustainable, and nutrient-rich alternatives, which will further bolster the algal oil market.

Broadening Applications Across Industries

The versatility of algal oil, coupled with its nutrient-dense composition, has made it a valuable ingredient in a variety of sectors. It is widely utilized in the dietary supplements market due to its high concentration of omega-3 fatty acids, particularly DHA and EPA, which are crucial for brain health, heart function, and cellular maintenance. This makes algal oil a popular choice for health-conscious consumers.

Beyond dietary supplements, algal oil is finding applications in industries like pharmaceuticals, personal care, and animal nutrition. It is known to improve skin health, enhance vision, and lower cholesterol levels. Moreover, its low saturated fat content has increased its use in functional foods and beverages, catering to the rising demand for healthier products.

Challenges Hindering Market Growth

Despite its numerous benefits, the algal oil market faces challenges, primarily due to the high cost of production. The process of extracting algal oil requires advanced technologies and the cultivation of premium algae strains, making it more expensive compared to conventional oils.

Many manufacturers are investing in research and development to make the production process more efficient and cost-effective, but the overall expense still presents a barrier to widespread consumer affordability.

Innovation Driving Consumer-Centric Products

Manufacturers are continuously developing innovative products to meet the growing demand for sustainable, plant-based ingredients. One such innovation is the introduction of organic DHA algal oil, which caters to the rising demand for clean-label products in the dietary supplement and functional food sectors. DHA, an essential omega-3 fatty acid, is crucial for brain development and general health, and its inclusion in various food and beverage products is contributing to the expansion of the market.

DHA algal oil is also making its way into sports nutrition, pet food, and animal feed. As consumers become more health-conscious, demand for algal oil-based products is set to rise, fueling further market growth.

Regional Growth in Algal Oil Demand

The demand for algal oil is growing across different regions, with South Asia and the Pacific standing out as key growth areas. In these regions, the food and beverage industry is witnessing an increasing appetite for algal oil due to its health benefits. As awareness of natural ingredients and dietary supplements spreads, demand for algal oil products in these markets is projected to rise steadily.

In East Asia, Japan shows strong growth potential, with algal oil gaining traction in the food and pharmaceutical sectors. As consumer preferences shift towards healthier, more sustainable products, Japan's algal oil market is expected to grow substantially in the near future.

Algal Oil in the Biofuel Industry

Algal oil is also gaining recognition in the biofuel industry. The fuel-grade segment represents a significant portion of the global market, driven by the growing demand for renewable energy sources. As the world moves away from fossil fuels, algal oil is being explored as a viable option for biofuel production. Its ability to reduce carbon emissions and promote sustainability positions it as a key player in the renewable energy landscape.

While fuel-grade algal oil dominates the market, food-grade algal oil is expected to see faster demand growth as clean-label, plant-based products become increasingly popular in the food and beverage sector.

Looking Ahead: A Sustainable Future

The future of the algal oil market appears bright, with continued growth expected as consumers prioritize health, sustainability, and ethical sourcing in their purchasing decisions. The product's wide range of applications and impressive nutritional benefits make it an essential ingredient in today's health-focused world.

As manufacturers work to overcome production cost challenges and introduce innovative products, the algal oil market is poised for sustainable growth in the coming years. With rising demand for plant-based alternatives, the future of algal oil looks promising.

Competitive Analysis

Archer Daniels Midland Company (ADM)
Royal DSM
Arizona Algal Products, LLC
AlgiSys LLC
Algalr NutraPharms Pvt. Ltd.
Corbion
Algarithm
Progress Biotech
Bioriginal Food & Science Corp.
Lyxia Corporation
Amandean. LLC.
Polaris
Inlife Care
Kauffman's
Meteoric Biopharmaceuticals Pvt. Ltd.
Mara Corp.
Fermentalg
Vegan Vitality
Solutex
Qponics Limited

Algal Oil Industry Research Categorization

Algal Oil Market by Grade:

Food Grade Algal Oil
Feed Grade Algal Oil
Fuel Grade Algal Oil

Algal Oil Market by Nature:

Organic Algal Oil
Conventional Algal Oil

Algal Oil Market by Application:

Food and Beverages
Personal Care and Cosmetics
Pharmaceuticals
Animal Feed
Nutraceuticals
Biofuels

Algal Oil Market by Region:

North America Algal Oil Market
Latin America Algal Oil Market
Europe Algal Oil Market
South Asia & Pacific Algal Oil Market
East Asia Algal Oil Market
Middle East And Africa Algal Oil Market

1. Executive Summary

1.1. Global Algal Oil Market Snapshot
1.2. Future Projections
1.3. Key Market Trends
1.4. Regional Snapshot, by Value and Volume, 2024
1.5. Analyst Recommendations

2. Market Overview

2.1. Market Definitions and Segmentations
2.2. Market Dynamics
- 2.2.1. Drivers
- 2.2.2. Restraints
- 2.2.3. Market Opportunities
2.3. Value Chain Analysis
2.4. Porter's Five Forces Analysis
2.5. COVID-19 Impact Analysis
- 2.5.1. Supply
- 2.5.2. Demand
2.6. Impact of Ukraine-Russia Conflict
2.7. Economic Overview
- 2.7.1. World Economic Projections
2.8. PESTLE Analysis

3. Price Analysis, 2019 - 2023

3.1. Global Average Price Analysis, by Grade, US$ Per Unit, 2019 - 2023
3.2. Prominent Factor Affecting Algal Oil Prices
3.3. Global Average Price Analysis, by Region, US$ Per Unit

4. Global Algal Oil Market Outlook, 2019 - 2031

4.1. Global Algal Oil Market Outlook, by Grade, Value (US$ Mn) and Volume (Million Units), 2019 - 2031
- 4.1.1. Key Highlights
  - 4.1.1.1. Food Grade Algal Oil
  - 4.1.1.2. Feed Grade Algal Oil
  - 4.1.1.3. Fuel Grade Algal Oil
4.2. Global Algal Oil Market Outlook, by Nature, Value (US$ Mn) and Volume (Million Units), 2019 - 2031
- 4.2.1. Key Highlights
  - 4.2.1.1. Organic Algal Oil
  - 4.2.1.2. Conventional Algal Oil
4.3. Global Algal Oil Market Outlook, by Application, Value (US$ Mn) and Volume (Million Units), 2019 - 2031
- 4.3.1. Key Highlights
  - 4.3.1.1. Food and Beverages
  - 4.3.1.2. Personal Care and Cosmetics
  - 4.3.1.3. Pharmaceuticals
  - 4.3.1.4. Animal Feed
  - 4.3.1.5. Nutraceuticals
  - 4.3.1.6. Biofuels
4.4. Global Algal Oil Market Outlook, by Region, Value (US$ Mn) and Volume (Million Units), 2019 - 2031
- 4.4.1. Key Highlights
  - 4.4.1.1. North America
  - 4.4.1.2. Europe
  - 4.4.1.3. Asia Pacific
  - 4.4.1.4. Latin America
  - 4.4.1.5. Middle East & Africa

5. North America Algal Oil Market Outlook, 2019 - 2031

5.1. North America Algal Oil Market Outlook, by Grade, Value (US$ Mn) and Volume (Million Units), 2019 - 2031
- 5.1.1. Key Highlights
  - 5.1.1.1. Food Grade Algal Oil
  - 5.1.1.2. Feed Grade Algal Oil
  - 5.1.1.3. Fuel Grade Algal Oil
5.2. North America Algal Oil Market Outlook, by Nature, Value (US$ Mn) and Volume (Million Units), 2019 - 2031
- 5.2.1. Key Highlights
  - 5.2.1.1. Organic Algal Oil
  - 5.2.1.2. Conventional Algal Oil
5.3. North America Algal Oil Market Outlook, by Application, Value (US$ Mn) and Volume (Million Units), 2019 - 2031
- 5.3.1. Key Highlights
  - 5.3.1.1. Food and Beverages
  - 5.3.1.2. Personal Care and Cosmetics
  - 5.3.1.3. Pharmaceuticals
  - 5.3.1.4. Animal Feed
  - 5.3.1.5. Nutraceuticals
  - 5.3.1.6. Biofuels
5.4. North America Algal Oil Market Outlook, by Country, Value (US$ Mn) and Volume (Million Units), 2019 - 2031
- 5.4.1. Key Highlights
  - 5.4.1.1. U.S. Algal Oil Market by Grade, Value (US$ Mn) and Volume (Million Units), 2019 - 2031
  - 5.4.1.2. U.S. Algal Oil Market by Nature, Value (US$ Mn) and Volume (Million Units), 2019 - 2031
  - 5.4.1.3. U.S. Algal Oil Market by Application, Value (US$ Mn) and Volume (Million Units), 2019 - 2031
  - 5.4.1.4. Canada Algal Oil Market by Grade, Value (US$ Mn) and Volume (Million Units), 2019 - 2031
  - 5.4.1.5. Canada Algal Oil Market by Nature, Value (US$ Mn) and Volume (Million Units), 2019 - 2031
  - 5.4.1.6. Canada Algal Oil Market by Application, Value (US$ Mn) and Volume (Million Units), 2019 - 2031
- 5.4.2. BPS Analysis/Market Attractiveness Analysis

6. Europe Algal Oil Market Outlook, 2019 - 2031

6.1. Europe Algal Oil Market Outlook, by Grade, Value (US$ Mn) and Volume (Million Units), 2019 - 2031
- 6.1.1. Key Highlights
  - 6.1.1.1. Food Grade Algal Oil
  - 6.1.1.2. Feed Grade Algal Oil
  - 6.1.1.3. Fuel Grade Algal Oil
6.2. Europe Algal Oil Market Outlook, by Nature, Value (US$ Mn) and Volume (Million Units), 2019 - 2031
- 6.2.1. Key Highlights
  - 6.2.1.1. Organic Algal Oil
  - 6.2.1.2. Conventional Algal Oil
6.3. Europe Algal Oil Market Outlook, by Application, Value (US$ Mn) and Volume (Million Units), 2019 - 2031
- 6.3.1. Key Highlights
  - 6.3.1.1. Food and Beverages
  - 6.3.1.2. Personal Care and Cosmetics
  - 6.3.1.3. Pharmaceuticals
  - 6.3.1.4. Animal Feed
  - 6.3.1.5. Nutraceuticals
  - 6.3.1.6. Biofuels
6.4. Europe Algal Oil Market Outlook, by Country, Value (US$ Mn) and Volume (Million Units), 2019 - 2031
- 6.4.1. Key Highlights
  - 6.4.1.1. Germany Algal Oil Market by Grade, Value (US$ Mn) and Volume (Million Units), 2019 - 2031
  - 6.4.1.2. Germany Algal Oil Market by Nature, Value (US$ Mn) and Volume (Million Units), 2019 - 2031
  - 6.4.1.3. Germany Algal Oil Market by Application, Value (US$ Mn) and Volume (Million Units), 2019 - 2031
  - 6.4.1.4. U.K. Algal Oil Market by Grade, Value (US$ Mn) and Volume (Million Units), 2019 - 2031
  - 6.4.1.5. U.K. Algal Oil Market by Nature, Value (US$ Mn) and Volume (Million Units), 2019 - 2031
  - 6.4.1.6. U.K. Algal Oil Market by Application, Value (US$ Mn) and Volume (Million Units), 2019 - 2031
  - 6.4.1.7. France Algal Oil Market by Grade, Value (US$ Mn) and Volume (Million Units), 2019 - 2031
  - 6.4.1.8. France Algal Oil Market by Nature, Value (US$ Mn) and Volume (Million Units), 2019 - 2031
  - 6.4.1.9. France Algal Oil Market by Application, Value (US$ Mn) and Volume (Million Units), 2019 - 2031
  - 6.4.1.10. Italy Algal Oil Market by Grade, Value (US$ Mn) and Volume (Million Units), 2019 - 2031
  - 6.4.1.11. Italy Algal Oil Market by Nature, Value (US$ Mn) and Volume (Million Units), 2019 - 2031
  - 6.4.1.12. Italy Algal Oil Market by Application, Value (US$ Mn) and Volume (Million Units), 2019 - 2031
  - 6.4.1.13. Turkey Algal Oil Market by Grade, Value (US$ Mn) and Volume (Million Units), 2019 - 2031
  - 6.4.1.14. Turkey Algal Oil Market by Nature, Value (US$ Mn) and Volume (Million Units), 2019 - 2031
  - 6.4.1.15. Turkey Algal Oil Market by Application, Value (US$ Mn) and Volume (Million Units), 2019 - 2031
  - 6.4.1.16. Russia Algal Oil Market by Grade, Value (US$ Mn) and Volume (Million Units), 2019 - 2031
  - 6.4.1.17. Russia Algal Oil Market by Nature, Value (US$ Mn) and Volume (Million Units), 2019 - 2031
  - 6.4.1.18. Russia Algal Oil Market by Application, Value (US$ Mn) and Volume (Million Units), 2019 - 2031
  - 6.4.1.19. Rest of Europe Algal Oil Market by Grade, Value (US$ Mn) and Volume (Million Units), 2019 - 2031
  - 6.4.1.20. Rest of Europe Algal Oil Market by Nature, Value (US$ Mn) and Volume (Million Units), 2019 - 2031
  - 6.4.1.21. Rest of Europe Algal Oil Market by Application, Value (US$ Mn) and Volume (Million Units), 2019 - 2031
- 6.4.2. BPS Analysis/Market Attractiveness Analysis

7. Asia Pacific Algal Oil Market Outlook, 2019 - 2031

7.1. Asia Pacific Algal Oil Market Outlook, by Grade, Value (US$ Mn) and Volume (Million Units), 2019 - 2031
- 7.1.1. Key Highlights
  - 7.1.1.1. Food Grade Algal Oil
  - 7.1.1.2. Feed Grade Algal Oil
  - 7.1.1.3. Fuel Grade Algal Oil
7.2. Asia Pacific Algal Oil Market Outlook, by Nature, Value (US$ Mn) and Volume (Million Units), 2019 - 2031
- 7.2.1. Key Highlights
  - 7.2.1.1. Organic Algal Oil
  - 7.2.1.2. Conventional Algal Oil
7.3. Asia Pacific Algal Oil Market Outlook, by Application, Value (US$ Mn) and Volume (Million Units), 2019 - 2031
- 7.3.1. Key Highlights
  - 7.3.1.1. Food and Beverages
  - 7.3.1.2. Personal Care and Cosmetics
  - 7.3.1.3. Pharmaceuticals
  - 7.3.1.4. Animal Feed
  - 7.3.1.5. Nutraceuticals
  - 7.3.1.6. Biofuels
7.4. Asia Pacific Algal Oil Market Outlook, by Country, Value (US$ Mn) and Volume (Million Units), 2019 - 2031
- 7.4.1. Key Highlights
  - 7.4.1.1. China Algal Oil Market by Grade, Value (US$ Mn) and Volume (Million Units), 2019 - 2031
  - 7.4.1.2. China Algal Oil Market by Nature, Value (US$ Mn) and Volume (Million Units), 2019 - 2031
  - 7.4.1.3. China Algal Oil Market by Application, Value (US$ Mn) and Volume (Million Units), 2019 - 2031
  - 7.4.1.4. Japan Algal Oil Market by Grade, Value (US$ Mn) and Volume (Million Units), 2019 - 2031
  - 7.4.1.5. Japan Algal Oil Market by Nature, Value (US$ Mn) and Volume (Million Units), 2019 - 2031
  - 7.4.1.6. Japan Algal Oil Market by Application, Value (US$ Mn) and Volume (Million Units), 2019 - 2031
  - 7.4.1.7. South Korea Algal Oil Market by Grade, Value (US$ Mn) and Volume (Million Units), 2019 - 2031
  - 7.4.1.8. South Korea Algal Oil Market by Nature, Value (US$ Mn) and Volume (Million Units), 2019 - 2031
  - 7.4.1.9. South Korea Algal Oil Market by Application, Value (US$ Mn) and Volume (Million Units), 2019 - 2031
  - 7.4.1.10. India Algal Oil Market by Grade, Value (US$ Mn) and Volume (Million Units), 2019 - 2031
  - 7.4.1.11. India Algal Oil Market by Nature, Value (US$ Mn) and Volume (Million Units), 2019 - 2031
  - 7.4.1.12. India Algal Oil Market by Application, Value (US$ Mn) and Volume (Million Units), 2019 - 2031
  - 7.4.1.13. Southeast Asia Algal Oil Market by Grade, Value (US$ Mn) and Volume (Million Units), 2019 - 2031
  - 7.4.1.14. Southeast Asia Algal Oil Market by Nature, Value (US$ Mn) and Volume (Million Units), 2019 - 2031
  - 7.4.1.15. Southeast Asia Algal Oil Market by Application, Value (US$ Mn) and Volume (Million Units), 2019 - 2031
  - 7.4.1.16. Rest of Asia Pacific Algal Oil Market by Grade, Value (US$ Mn) and Volume (Million Units), 2019 - 2031
  - 7.4.1.17. Rest of Asia Pacific Algal Oil Market by Nature, Value (US$ Mn) and Volume (Million Units), 2019 - 2031
  - 7.4.1.18. Rest of Asia Pacific Algal Oil Market by Application, Value (US$ Mn) and Volume (Million Units), 2019 - 2031
- 7.4.2. BPS Analysis/Market Attractiveness Analysis

8. Latin America Algal Oil Market Outlook, 2019 - 2031

8.1. Latin America Algal Oil Market Outlook, by Grade, Value (US$ Mn) and Volume (Million Units), 2019 - 2031
- 8.1.1. Key Highlights
  - 8.1.1.1. Food Grade Algal Oil
  - 8.1.1.2. Feed Grade Algal Oil
  - 8.1.1.3. Fuel Grade Algal Oil
8.2. Latin America Algal Oil Market Outlook, by Nature, Value (US$ Mn) and Volume (Million Units), 2019 - 2031
- 8.2.1. Key Highlights
  - 8.2.1.1. Organic Algal Oil
  - 8.2.1.2. Conventional Algal Oil
8.3. Latin America Algal Oil Market Outlook, by Application, Value (US$ Mn) and Volume (Million Units), 2019 - 2031
- 8.3.1. Key Highlights
  - 8.3.1.1. Food and Beverages
  - 8.3.1.2. Personal Care and Cosmetics
  - 8.3.1.3. Pharmaceuticals
  - 8.3.1.4. Animal Feed
  - 8.3.1.5. Nutraceuticals
  - 8.3.1.6. Biofuels
8.4. Latin America Algal Oil Market Outlook, by Country, Value (US$ Mn) and Volume (Million Units), 2019 - 2031
- 8.4.1. Key Highlights
  - 8.4.1.1. Brazil Algal Oil Market by Grade, Value (US$ Mn) and Volume (Million Units), 2019 - 2031
  - 8.4.1.2. Brazil Algal Oil Market by Nature, Value (US$ Mn) and Volume (Million Units), 2019 - 2031
  - 8.4.1.3. Brazil Algal Oil Market by Application, Value (US$ Mn) and Volume (Million Units), 2019 - 2031
  - 8.4.1.4. Mexico Algal Oil Market by Grade, Value (US$ Mn) and Volume (Million Units), 2019 - 2031
  - 8.4.1.5. Mexico Algal Oil Market by Nature, Value (US$ Mn) and Volume (Million Units), 2019 - 2031
  - 8.4.1.6. Mexico Algal Oil Market by Application, Value (US$ Mn) and Volume (Million Units), 2019 - 2031
  - 8.4.1.7. Argentina Algal Oil Market by Grade, Value (US$ Mn) and Volume (Million Units), 2019 - 2031
  - 8.4.1.8. Argentina Algal Oil Market by Nature, Value (US$ Mn) and Volume (Million Units), 2019 - 2031
  - 8.4.1.9. Argentina Algal Oil Market by Application, Value (US$ Mn) and Volume (Million Units), 2019 - 2031
  - 8.4.1.10. Rest of Latin America Algal Oil Market by Grade, Value (US$ Mn) and Volume (Million Units), 2019 - 2031
  - 8.4.1.11. Rest of Latin America Algal Oil Market by Nature, Value (US$ Mn) and Volume (Million Units), 2019 - 2031
  - 8.4.1.12. Rest of Latin America Algal Oil Market by Application, Value (US$ Mn) and Volume (Million Units), 2019 - 2031
- 8.4.2. BPS Analysis/Market Attractiveness Analysis

9. Middle East & Africa Algal Oil Market Outlook, 2019 - 2031

9.1. Middle East & Africa Algal Oil Market Outlook, by Grade, Value (US$ Mn) and Volume (Million Units), 2019 - 2031
- 9.1.1. Key Highlights
  - 9.1.1.1. Food Grade Algal Oil
  - 9.1.1.2. Feed Grade Algal Oil
  - 9.1.1.3. Fuel Grade Algal Oil
9.2. Middle East & Africa Algal Oil Market Outlook, by Nature, Value (US$ Mn) and Volume (Million Units), 2019 - 2031
- 9.2.1. Key Highlights
  - 9.2.1.1. Organic Algal Oil
  - 9.2.1.2. Conventional Algal Oil
9.3. Middle East & Africa Algal Oil Market Outlook, by Application, Value (US$ Mn) and Volume (Million Units), 2019 - 2031
- 9.3.1. Key Highlights
  - 9.3.1.1. Food and Beverages
  - 9.3.1.2. Personal Care and Cosmetics
  - 9.3.1.3. Pharmaceuticals
  - 9.3.1.4. Animal Feed
  - 9.3.1.5. Nutraceuticals
  - 9.3.1.6. Biofuels
9.4. Middle East & Africa Algal Oil Market Outlook, by Country, Value (US$ Mn) and Volume (Million Units), 2019 - 2031
- 9.4.1. Key Highlights
  - 9.4.1.1. GCC Algal Oil Market by Grade, Value (US$ Mn) and Volume (Million Units), 2019 - 2031
  - 9.4.1.2. GCC Algal Oil Market by Nature, Value (US$ Mn) and Volume (Million Units), 2019 - 2031
  - 9.4.1.3. GCC Algal Oil Market by Application, Value (US$ Mn) and Volume (Million Units), 2019 - 2031
  - 9.4.1.4. South Africa Algal Oil Market by Grade, Value (US$ Mn) and Volume (Million Units), 2019 - 2031
  - 9.4.1.5. South Africa Algal Oil Market by Nature, Value (US$ Mn) and Volume (Million Units), 2019 - 2031
  - 9.4.1.6. South Africa Algal Oil Market by Application, Value (US$ Mn) and Volume (Million Units), 2019 - 2031
  - 9.4.1.7. Egypt Algal Oil Market by Grade, Value (US$ Mn) and Volume (Million Units), 2019 - 2031
  - 9.4.1.8. Egypt Algal Oil Market by Nature, Value (US$ Mn) and Volume (Million Units), 2019 - 2031
  - 9.4.1.9. Egypt Algal Oil Market by Application, Value (US$ Mn) and Volume (Million Units), 2019 - 2031
  - 9.4.1.10. Nigeria Algal Oil Market by Grade, Value (US$ Mn) and Volume (Million Units), 2019 - 2031
  - 9.4.1.11. Nigeria Algal Oil Market by Nature, Value (US$ Mn) and Volume (Million Units), 2019 - 2031
  - 9.4.1.12. Nigeria Algal Oil Market by Application, Value (US$ Mn) and Volume (Million Units), 2019 - 2031
  - 9.4.1.13. Rest of Middle East & Africa Algal Oil Market by Grade, Value (US$ Mn) and Volume (Million Units), 2019 - 2031
  - 9.4.1.14. Rest of Middle East & Africa Algal Oil Market by Nature, Value (US$ Mn) and Volume (Million Units), 2019 - 2031
  - 9.4.1.15. Rest of Middle East & Africa Algal Oil Market by Application, Value (US$ Mn) and Volume (Million Units), 2019 - 2031
- 9.4.2. BPS Analysis/Market Attractiveness Analysis

10. Competitive Landscape

10.1. Grade vs Nature Heatmap
10.2. Company Market Share Analysis, 2024
10.3. Competitive Dashboard
10.4. Company Profiles
- 10.4.1. Archer Daniels Midland
  - 10.4.1.1. Company Overview
  - 10.4.1.2. Product Portfolio
  - 10.4.1.3. Financial Overview
  - 10.4.1.4. Business Strategies and Development
- 10.4.2. Arizona Algal Products, LLC
  - 10.4.2.1. Company Overview
  - 10.4.2.2. Product Portfolio
  - 10.4.2.3. Financial Overview
  - 10.4.2.4. Business Strategies and Development
- 10.4.3. AlgiSys LLC
  - 10.4.3.1. Company Overview
  - 10.4.3.2. Product Portfolio
  - 10.4.3.3. Financial Overview
  - 10.4.3.4. Business Strategies and Development
- 10.4.4. Algalr NutraPharms Pvt. Ltd.
  - 10.4.4.1. Company Overview
  - 10.4.4.2. Product Portfolio
  - 10.4.4.3. Financial Overview
  - 10.4.4.4. Business Strategies and Development
- 10.4.5. Corbion
  - 10.4.5.1. Company Overview
  - 10.4.5.2. Product Portfolio
  - 10.4.5.3. Financial Overview
  - 10.4.5.4. Business Strategies and Development
- 10.4.6. Algarithm
  - 10.4.6.1. Company Overview
  - 10.4.6.2. Product Portfolio
  - 10.4.6.3. Financial Overview
  - 10.4.6.4. Business Strategies and Development
- 10.4.7. Progress Biotech
  - 10.4.7.1. Company Overview
  - 10.4.7.2. Product Portfolio
  - 10.4.7.3. Financial Overview
  - 10.4.7.4. Business Strategies and Development
- 10.4.8. DSM
  - 10.4.8.1. Company Overview
  - 10.4.8.2. Product Portfolio
  - 10.4.8.3. Financial Overview
  - 10.4.8.4. Business Strategies and Development
- 10.4.9. Bioriginal Food & Science Corp.
  - 10.4.9.1. Company Overview
  - 10.4.9.2. Product Portfolio
  - 10.4.9.3. Financial Overview
  - 10.4.9.4. Business Strategies and Development