Algae Oil Market Sees Rising Investments in Biotechnology

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2026-03-20 05:13:37 - Translate -

The global algae oil market is emerging as a vital segment within the broader bio-based and sustainable products industry. Valued at USD 2,340.0 million in 2023, the market is projected to grow from USD 2,398.3 million in 2024 to USD 3,048.8 million by 2031, registering a compound annual growth rate (CAGR) of 3.49% during the forecast period. This growth is largely driven by...

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