The Global Algae Ingredients Market was valued at USD 1.28 Billion in 2023 and is projected to reach USD 2.17 Billion by 2030, growing at a Compound Annual Growth Rate (CAGR) of 7.8% during the forecast period (2023–2030). This expansion is driven by rising demand for sustainable protein sources, increased applications in functional foods, and growing utilization in pharmaceuticals and personal care products.

As the world shifts toward plant-based and nutrient-dense ingredients, algae-derived products are gaining prominence for their rich protein content, essential fatty acids, and natural pigments. This report profiles the Top 10 Companies in the Algae Ingredients Market—industry pioneers advancing biotechnology and sustainable production methods.

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🔟 1. Corbion N.V.

Headquarters: Amsterdam, Netherlands
Key Offering: Algal omega-3 (AlgaPrime DHA), fermentation-derived ingredients

Corbion stands at the forefront of algae-based nutritional solutions through its acquisition of TerraVia and development of AlgaPrime DHA platform. The company specializes in sustainable omega-3 production for aquaculture and human nutrition.

Production Technology:

• Sugar-based fermentation process
• Patent-protected algal strains
• Circular production models

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9️⃣ 2. DSM-Firmenich

Headquarters: Kaiseraugst, Switzerland
Key Offering: life’sDHA® algal oils, vegan proteins

The merged entity continues DSM’s legacy in microalgae nutrition with clinically validated omega-3 solutions for infant formula, dietary supplements, and food fortification.

Production Technology:

• Controlled fermentation systems
• FDA-approved DHA production
• Carbon-neutral manufacturing

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8️⃣ 3. Cyanotech Corporation

Headquarters: Kailua-Kona, Hawaii, USA
Key Offering: Hawaiian Spirulina Pacifica®, BioAstin® astaxanthin

As a vertically integrated producer, Cyanotech operates one of the world’s most advanced algae cultivation facilities using ocean-based raceway ponds.

Production Technology:

• 100% solar-powered cultivation
• Proprietary drying techniques
• USDA Organic certified processes

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7️⃣ 4. Algenol Biotech

Headquarters: Fort Myers, Florida, USA
Key Offering: Algal biomass, specialty chemicals, biofuels

Algenol’s patented Direct-To-Ethanol® technology enables cost-effective production of multiple algae-based products through integrated biorefineries.

Production Technology:

• Photobioreactor systems
• Carbon capture utilization
• Water recycling processes

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6️⃣ 5. Cellana Inc.

Headquarters: Kailua-Kona, Hawaii, USA
Key Offering: ReNew™ algal ingredients, aquafeed solutions

Cellana operates the largest R&D facility for marine microalgae, producing high-value products for nutrition and aquaculture markets.

Production Technology:

• ALDUO™ cultivation system
• Marine species expertise
• Sustainable harvesting methods

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5️⃣ 6. BASF SE

Headquarters: Ludwigshafen, Germany
Key Offering: Veramaris® algal oil, carotenoids

BASF’s nutrition division delivers science-backed algal solutions through fermentation and extraction technologies developed over decades.

Production Technology:

• Precision fermentation
• Molecular distillation
• Quality control systems

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4️⃣ 7. AlgaeTec Limited

Headquarters: Brisbane, Australia
Key Offering: Algal biomass production systems, omega-3 oils

AlgaeTec provides turnkey solutions for industrial-scale algae cultivation with energy-efficient photobioreactors.

Production Technology:

• Modular cultivation units
• Waste CO2 utilization
• Automated monitoring

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3️⃣ 8. Cargill, Incorporated

Headquarters: Minneapolis, Minnesota, USA
Key Offering: Algal oils, animal nutrition ingredients

Cargill leverages its global agricultural expertise to develop cost-effective algae ingredients for food and feed applications.

Production Technology:

• Strain optimization
• Large-scale fermentation
• Supply chain integration

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2️⃣ 9. ADM (Archer Daniels Midland)

Headquarters: Chicago, Illinois, USA
Key Offering: Algal proteins, omega-3 concentrates

ADM applies its agricultural processing expertise to develop scalable algae-based ingredients for global markets.

Production Technology:

• Proprietary extraction methods
• Quality assurance protocols
• Food-grade processing

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1️⃣ 10. Algix

Headquarters: Meridian, Mississippi, USA
Key Offering: Bloom® algal bioplastics, flours

Algix transforms algae biomass into sustainable materials, demonstrating the versatility of algal applications beyond nutrition.

Production Technology:

• Algae harvesting systems
• Wastewater treatment integration
• Biomass conversion

Get Full Report Here: Algae Ingredients Market – View in Detailed Research Report

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🌍 Market Outlook: Accelerating the Algae Revolution

The algae ingredients sector is transitioning from niche to mainstream as production technologies mature and sustainability concerns drive demand. These companies are developing innovative solutions that address global challenges in nutrition, climate change, and resource efficiency.

📈 Key Market Drivers:

• Alternative protein demand reaching USD 15.6 billion by 2026
• Growing preference for plant-based omega-3 sources
• Advances in synthetic biology and strain development
• Circular economy initiatives utilizing CO2 and wastewater

Get Full Report Here: Algae Ingredients Market – View in Detailed Research Report

The profiled companies exemplify how algae technology is evolving from single-product ventures to integrated biotech platforms serving multiple industries.