Europe Dunaliella Salina Market to Achieve 4.8% CAGR, Reaching $27.1 Million by 2030


Posted June 12, 2024 by shitalt

The Europe Dunaliella Salina Market is slated to register a CAGR of 4.8% from 2023–2030 to reach $27.1 million by 2030
 
[Redding, California] – The Europe Dunaliella Salina market is projected to witness a robust compound annual growth rate (CAGR) of 4.8% from 2023 to 2030, culminating in a market value of $27.1 million by the end of the forecast period. This growth trajectory is primarily driven by the increasing demand for natural-source beta carotene products, the rising need for natural colorants, and the expanding application of Dunaliella salina in the cosmetics industry. Despite these positive trends, the market faces challenges due to the complex production processes involved in cultivating Dunaliella salina.

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Key Players in the Europe Dunaliella Salina Market

Several prominent companies are leading the way in the Dunaliella salina market. Here are the top 10:

Fuqing King Dnarmsa Spirulina Co., Ltd. – Established in 1995 and headquartered in Fujian, China, King Dnarmsa is a leader in algae breeding, production, and research. The company operates seven cultivation farms and a state-of-the-art research institute, producing a significant annual output of algae products, including Dunaliella salina.

ALGALIMENTO SL – Founded in 2012 and based in Santa Lucía de Tirajana, Spain, Algalimento specializes in microalgae production. The company collaborates with food, pharmaceutical, and nutraceutical sectors to develop high-value products from species such as Tetraselmis, Spirulina, and Dunaliella.

Hangzhou OuQi Food Co., Ltd. – With headquarters in Hangzhou City, China, Hangzhou OuQi Food offers a diverse range of algae products to various industries globally, including dietary supplements and cosmetics. Their portfolio includes conventional and organic spirulina, chlorella, and Dunaliella salina.

BlueBioTech Group – Established in 2000 and headquartered in Schleswig-Holstein, Germany, BlueBioTech focuses on microalgae research and product development. Through its subsidiaries, BlueBioTech GmbH and BlueBioTech International GmbH, the company delivers high-quality algae-based nutraceuticals and health products.

Xi’an Fengzu Biological Technology Co., Ltd. (FZBIOTECH) – Based in Xi’an City, China, and founded in 2004, FZBIOTECH is renowned for its plant powders, extracts, oils, and biological pesticides. The company's extensive production facilities enable it to cater to the cosmetic and pharmaceutical industries with its Dunaliella salina offerings.

Monzón Biotech S.L. – Operating since 1992 and headquartered in Huesca, Spain, Monzón Biotech is a specialist in high-quality microalgae production. Their ISO 22000-certified processes produce a range of products for human food, nutraceuticals, and cosmetics, including Dunaliella salina.

A4F Algae for Future – Founded in 2008 and located in Lisboa, Portugal, A4F excels in microalgae R&D and industrial-scale production. The company supports diverse industries, including food, beverages, pharmaceuticals, and cosmetics, with its innovative algae-based products and consultancy services.

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Market Insights and Strategic Developments

Meticulous Research®'s latest publication on the Europe Dunaliella Salina market provides an in-depth regional opportunity analysis and industry forecast from 2023 to 2030. The comprehensive report covers financial performance, key products, significant company strategies, and detailed analysis of partnerships and acquisitions for each leading market player.

For more detailed information and insights into the Europe Dunaliella Salina market, including market size estimates, market share analysis, revenue numbers, and key trends, refer to Meticulous Research®’s new report.

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Last Updated June 12, 2024