There is ample opportunity for algae ingredients worldwide. The global revenues from the algae supplements market surpassed $800 million in 2018 and saw a compound annual growth rate (CAGR) of five percent between 2013 and 2018. The market is predicted to exhibit a CAGR of seven percent through 2027.
There is opportunity in the algae supplement ingredient market for new and natural sources. Spirulina and chlorella are the most popular algae products in the market now, but what will be the next popular algae ingredient? Wide ranges of natural algae sources are being explored, and one new option that can provide health benefits is Euglena gracilis. Learn more in this white paper.
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