Algae Products Market Forecast to Reach $5.55 Billion by 2030 Driven by Rising Demand in Food & Beverage and Nutraceuticals [Yahoo! Finance]
Cyanotech Corporation (CYAN)
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Source: Yahoo! Finance
Protein, Lipids, Carotenoids), Source (Seaweed, Microalgae {Chlorella, Spirulina}), Form (Dry, Liquid), Application (Food & Beverage, Nutraceuticals, Cosmetic), and Geography - Forecast to 2030" report has been added to ResearchAndMarkets.com's offering. The latest market analysis report on the global algae products industry reveals significant growth with projections showing the market is set to reach $5.55 billion by the year 2030. With a steady Compound Annual Growth Rate (CAGR) of 7.8% from 2023 to 2030, the market is expanding due to the rising consumer preference for plant-based products and increasing applications in various sectors such as food & beverage, nutraceuticals, and cosmetics. The report categorizes the market into different segments, including hydrocolloids, algal protein, lipids, and carotenoids, based on type. Notably, the algal protein segment is expected to witness the highest growth during the forecast period. The study includes a forecast model that acco
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News
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- Global Astaxanthin Market Size is projected to reach USD 7,536.19 million by 2031, growing at a CAGR of 16.78%: Straits Research [Yahoo! Finance]Yahoo! Finance
- Algae's Versatility in Addressing Various Health Concerns, from Immunity to Brain Health, Contributes to Algae-Based Supplement Market Development | Future Market Insights, Inc. [Yahoo! Finance]Yahoo! Finance
- Cyanotech Corporation (NASDAQ:CYAN) Q3 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
CYAN
Sec Filings
- 4/10/24 - Form 4
- 4/10/24 - Form 4
- 4/10/24 - Form 4
- CYAN's page on the SEC website