Growing Demand for Algae Protein and Omega-3 Fatty Acids Drives Europe Microalgae Market to Reach $491.9 Million by 2030 - ResearchAndMarkets.com
The Europe microalgae market is projected to experience substantial growth, reaching a value of $491.9 million by 2030, with a CAGR of 9.3% during the forecast period from 2023 to 2030.
- The Europe microalgae market is projected to experience substantial growth, reaching a value of $491.9 million by 2030, with a CAGR of 9.3% during the forecast period from 2023 to 2030.
- The increasing demand for algae protein, the rising need for protein-rich and lipid-rich aquafeed, and the growing demand for omega-3 fatty acids are the key factors driving the growth of the microalgae market in Europe.
- The Europe microalgae market is analyzed based on various factors such as type, category, production technique, distribution channel, application, and geography.
- Who are the emerging local players in the Europe microalgae market and how do they compete with other players?