Dunaliella Salina Market Poised to Achieve Remarkable Growth, Forecasted to Reach $122.9 Million by 2028
The global Dunaliella Salina Market is projected to flourish, with estimations indicating a substantial rise to $122.9 million by 2028, exhibiting a steady Compound Annual Growth Rate (CAGR) of 4.0% during the forecast period spanning from 2021 to 2028. Additionally, in terms of volume, the market is anticipated to witness a robust CAGR of 3.7%, reaching 1,691.62 tons by 2028.
This positive trajectory in the Dunaliella Salina market can be primarily attributed to several key factors. There is a growing demand for natural-source beta carotene, coupled with an increasing need for natural colorants across various industries, notably the cosmetics sector. Moreover, the rising consumer preference for clean-label products further propels the market's expansion. However, it's noteworthy that complexities inherent in the production of Dunaliella Salina are expected to pose challenges to market growth.
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Top 10 Companies Shaping the Dunaliella Salina Market Landscape
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Algalimento SL: Founded in 2012 and headquartered in Santa Lucía de Tirajana, Spain, Algalimento SL specializes in producing microalgae and related products. With a diverse portfolio catering to sectors such as food, cosmetics, pharmaceuticals, and nutraceuticals, the company is renowned for its high-quality Dunaliella Salina products.
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Seagrass Tech Private Limited: Established in 2016 and based in Chennai, India, Seagrass Tech Private Limited focuses on the production and distribution of value-added marine microalgae, including Dunaliella Salina. The company's commitment to sustainability and innovation underscores its prominence in the market.
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Plankton Australia Pty Ltd: Founded in 2010 and headquartered in Alexandria NSW, Australia, Plankton Australia Pty Ltd specializes in offering premium-grade natural products, including marine phytoplankton, recognized for their medicinal and nutritional properties.
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Hangzhou OuQi Food co., Ltd.: Operating from Hangzhou City, China, Hangzhou OuQi Food co., Ltd. is a prominent producer, marketer, and exporter of various health-focused products, including Dunaliella Salina powder, catering to dietary supplements, natural food, and cosmetic colorant segments.
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Shaanxi Rebecca Bio-Tech Co., LTD: Established in 1999 and based in Xi’an, China, Shaanxi Rebecca Bio-Tech Co., LTD is a leading player in R&D, production, and sales of plant extracts, offering a wide range of solutions for pharmaceutical, health products, and cosmetic industries.
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Nutragreenlife Biotechnology Co. Ltd.: Founded in 2011 and headquartered in Xi’an, China, Nutragreenlife Biotechnology Co. Ltd. specializes in botanical and fruit extracts, providing custom natural specialty ingredients solutions for pharmaceutical, health products, and cosmetic industries.
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IBR Ltd.: Established in 1995 and based in Yavne, Israel, IBR Ltd. is a renowned producer of natural active ingredients for the cosmetic and food industries, leveraging innovative technologies to protect the skin from environmental stressors.
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Xi’an Fengzu Biological Technology Co., Ltd.: Founded in 2004 and headquartered in Xi’an City, China, Xi’an Fengzu Biological Technology Co., Ltd. is a leading manufacturer and distributor of raw materials in various forms, including Dunaliella Salina powder, catering to pharmaceutical, cosmetic, and other industries.
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Fuqing King Dnarmsa Spirulina Co., Ltd.: With roots dating back to 1995 and based in FuQing City, China, Fuqing King Dnarmsa Spirulina Co., Ltd. is a key player in alga cultivation, research, and distribution, offering a diverse range of products including Dunaliella Salina.
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Monzón Biotech S.L: Established in 1992 and headquartered in Huesca, Spain, Monzón Biotech S.L specializes in the extraction and commercialization of microalgae, prominently Dunaliella Salina, catering to various industries including animal feed, aquaculture, and cosmetics.
Meticulous Research's Insights on the Dunaliella Salina Market
In its latest publication, Meticulous Research forecasts a growth rate of 4% for the Dunaliella Salina market during the period 2021-2028. For more in-depth analysis, including financial performance, product portfolio, company strategies, partnerships, and acquisitions, refer to Meticulous Research®’s comprehensive report.
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Authoritative Research on the Dunaliella Salina Market
For a detailed examination of the Dunaliella Salina Market, including global opportunity analysis and industry forecasts spanning from 2021 to 2028, consult Meticulous Research's authoritative report, which covers each of the mentioned companies extensively, providing comprehensive insights into market dynamics and trends.
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