Global Algae-Based Animal Feed And Ingredients Market Strategies 2025, Forecast To 2034
4 Mar, 2025
How Has The Algae-Based Animal Feed And Ingredients Market Size Evolved In Recent Years?
The algae-based animal feed and ingredients market has seen considerable growth due to a variety of factors.
•The market for animal feed and ingredients derived from algae has seen robust growth in recent years. A surge from $3.75 billion in 2024 to $4.1 billion in 2025, with a compound annual growth rate (CAGR) of 9.4%.
is projected. Factors contributing to this historic period's growth include concerns about sustainability in animal farming, the need for animal nutrition that's high in nutrients, the hunt for alternative sources of protein, regulatory backing for sustainable practices, and awareness about the environmental effects of livestock farming.
What Are The Estimated Market Size And Expected Annual Growth Rates For Global Algae-Based Animal Feed And Ingredients Market?
The algae-based animal feed and ingredients market is expected to maintain its strong growth trajectory in upcoming years.
• The market for algae-derived animal feed and ingredients is projected to exhibit robust growth over the upcoming years, swelling to "$5.71 billion by 2029 at a compound annual growth rate (CAGR) of 8.6%.
The expected growth during the forecast period can be linked to ongoing focus on sustainable agriculture practices, an increasing demand for functional feed ingredients, a booming aquaculture industry, consumer preference towards sustainably-produced animal products, and advancements in feed technology. The forecast period is also expected to see some key trends such as diversified use of algae species in feed formulations, industry collaborations and partnerships, inclusion of algae-based ingredients in pet food, tech innovations in algae farming, and global regulatory support and standards.
Which Drivers Are Accelerating Growth In The Algae-Based Animal Feed And Ingredients Market?
The escalating consumption of meat is anticipated to spur the development of the algae-based animal feed and ingredient sector. The term "meat consumption" pertains to the intake or eating of meat envisioned as the flesh of various edible animals. Algae-based animal feeds and ingredients serve as a renewable and nutritious protein source for animal feeds since they are rich in vital nutrients such as amino acids, minerals and vitamins. These elements make them an attractive replacement for conventional feed components which heightens the health and boosts the weight of animals. For instance, as per Carlisle Technology, a firm from the United States offering hardware and software solutions for food industry mentioned in July 2024, chicken consumption is currently 98.90 pounds per individual. This figure is expected to grow to 107.50 pounds per individual by 2033, powered by the cost-effectiveness and health benefits of chicken. In 2022, the per capita consumption of broiler chicken in America was 98.90 pounds, and this number is forecasted to escalate significantly by 2033. As a result, the rise in meat consumption contributes substantially to the growth of the algae-based animal feed and ingredient market.
What Are The Core Segments Of The Global Algae-Based Animal Feed And Ingredients Market?
The algae-based animal feed and ingredients market covered in this report is segmented –
1) By Product: Feed, Feed Ingredient
2) By Distribution Channel: Offline, Online
3) By Application: Poultry, Swine, Ruminant, Aquaculture
Subsegments:
1) By Feed: Algae-Based Complete Feed, Algae-Based Supplementary Feed
2) By Feed Ingredient: Algal Meal, Algal Oil, Dried Whole Algae Extracts And Concentrates
Which Emerging Trends Are Reshaping The Algae-Based Animal Feed And Ingredients Market Size?
The predominant trend in the algae-based animal feed and ingredients market is the emergence of product innovations. Major market players are focusing on creating innovative products to solidify their market presence. To illustrate, Triton Algae Innovations Ltd., which is a US-based startup that leverages freshwater algae species, launched a heterotrophic fermentation process in July 2022. This technique facilitates scalable production of their algae, making it possible to cultivate year-round in regulated settings, thereby reducing the effect of external factors such as weather. The firm stresses that their strains are non-GMO and are developed through natural selection methods, rather than genetic engineering.
Who Are the Key Players in the Algae-Based Animal Feed And Ingredients Market?
Major companies operating in the algae-based animal feed and ingredients market include:
• Alltech Inc.
• Cargill Inc.
• Corbion NV
• Evonik Industries AG
• Ajinomoto Co. Inc.
• Cellana Inc.
• BASF SE
• Centafarm SRL
• DuPont de Nemours Inc.
• Kemin Industries Inc.
• Koninklijke DSM NV
• Novozymes A/S
• Nutreco N.V.
• Técnica Ganadera S.L.
• Aliga Microalgae
• Triton Algae Innovations Inc.
• Archer Daniels Midland Company
• Algalita LLC
• Erulia Limited
• Green Plains Natural Gas LLC
• Heineken N.V.
• InnovaFeed SAS
• JBS S.A.
• Microalgae Technology Inc.
• Neptune Bioenergy Inc.
• Nova Algae Inc.
• OriginOil Inc.
• Pond Technologies Inc.
• Seaweeds for Aquaculture LLC
• UniBio Inc.
What are the Regional Insights into the Algae-Based Animal Feed And Ingredients Market?
North America was the largest region in the algae-based animal feed and ingredients market in 2024. The regions covered in the algae-based animal feed and ingredients market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa