Algae - Beta Carotene Market Statistics, 2022 - 2030

The global algae beta carotene market size was valued at US$ 74.3 million in 2022 and is estimated to grow at a compound annual growth rate (CAGR) of 5.1% from 2022 to 2030.

Global algae beta carotene market statistics, 2018-2030 (US$M)

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Global algae beta carotene market statistics, 2018-2030 (US$M)

Global algae beta carotene market statistics, 2018-2030 (US$M)

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Global algae beta carotene market statistics, 2018-2030 (US$M)

Algae - Beta carotene market highlights

  • The global algae segment generated a revenue of USD 74.3 million in 2022 and is expected to reach USD 110.1 million by 2030.
  • The market is expected to grow at a CAGR (2023 - 2030) of 5.1% by 2030.
  • In terms of region, North America was the largest revenue generating market in 2022.
  • Country-wise, India is expected to register the highest CAGR from 2023 to 2030.

Market summary

Market revenue in 2022USD 74.3 million
Market revenue in 2030USD 110.1 million
Growth rate5.1% (CAGR from 2023 to 2030)
Historical data covered2018 - 2021
Base year for estimation2022
Forecast period covered2023 - 2030
Quantitative unitsRevenue in USD million

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