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Europe Dunaliella Salina Market by End User (Extraction Companies, Food and Beverage Companies, Feed Companies, Nutraceutical and Health Supplement companies, Pharmaceutical Companies, and Cosmetic Companies) - Forecast to 2030

April 2023 | 72 pages | ID: E8FE2EE89F00EN
Meticulous Market Research Pvt. Ltd.

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Europe Dunaliella Salina Market by End User (Extraction Companies, Food and Beverage Companies, Feed Companies, Nutraceutical and Health Supplement companies, Pharmaceutical Companies, and Cosmetic Companies) — Forecast to 2030

According to the research report titled, ‘Europe Dunaliella Salina Market by End User (Extraction Companies, Food and Beverage Companies, Feed Companies, Nutraceutical and Health Supplement companies, Pharmaceutical Companies, and Cosmetic Companies) - Forecast to 2030,’ the Europe Dunaliella salina market is projected to reach $27.1 million by 2030, at a CAGR of 4.8% from 2023 to 2030. The report provides an in-depth analysis of the Europe Dunaliella salina market across eight major countries, emphasizing the current market trends, market size, and recent developments and providing the forecast till 2030.

Succeeding extensive secondary and primary research and an in-depth analysis of the market scenario, the report conducts the impact analysis of the key industry drivers, restraints, opportunities, and challenges. The growth of the Europe Dunaliella salina market is mainly attributed to the increasing demand for natural-source beta carotene products, the rising need for natural colorants, and the increased use of dunaliella salina in the cosmetics industry. However, the complex production process for Dunaliella salina is expected to hinder the growth of this market to a notable extent.

Based on end user, the extraction companies segment is slated to register the highest CAGR during the forecast period. The rapid growth of this segment is attributed to the growing use of Dunaliella salina by extraction companies due to the rising demand for natural algae-derived hydrocolloids like carotenoids, including beta-carotene, alpha-carotene, zeaxanthin, lutein, and cryptoxanthin from food & beverage, cosmetics, animal feed, dietary supplements, and other industries.

An in-depth geographic analysis of the industry provides detailed qualitative and quantitative insights into the eight major geographies/countries (Germany, France, the U.K., Italy, Spain, Netherlands, Denmark, Sweden, and the Rest of Europe). The U.K. is projected to register the highest CAGR during the forecast period. The fast growth of this market is mainly attributed to its growing nutraceutical market and well-established food and beverage industry. Additionally, microalgae are traditional crops harvested, extracted, and used for food and feed in coastal communities, which further supports the growth of the Dunaliella salina market in the region.

The key players operating in the Europe Dunaliella salina market are Fuqing King Dnarmsa Spirulina Co., Ltd. (China), ALGALIMENTO SL (Spain), Hangzhou OuQi Food co., Ltd. (China), BlueBioTech Group (Germany), Xi’an Fengzu Biological Technology Co., Ltd. (FZBIOTECH) (China), Monz?n Biotech S.L. (Spain), A4f Algae for Future (Portugal).

Key Questions Answered in the Report-
  • What is the current value of revenue generated by the Europe Dunaliella salina market?
  • At what rate is the Europe Dunaliella salina demand projected to grow for the next 5–7 years?
  • What are the historical market sizes and growth rates of the Europe Dunaliella salina market?
  • What are the major factors impacting the growth of this market at the regional levels? What are the major opportunities for existing players and new entrants in the market?
  • SWhich end user segment is expected to create major traction for the manufacturers in this market?
  • What are the key geographical trends in this market? Which regions/countries are expected to offer significant growth opportunities for the manufacturers operating in the Europe Dunaliella salina market?
  • Who are the major players in the Europe Dunaliella salina market? What are their specific product offerings in this market?
  • What are the recent strategic developments in the Europe Dunaliella salina market? What are the impacts of these strategic developments on the market?
Scope of the Report:

Europe Dunaliella Salina Market, by End User
  • Extraction Companies
  • Food and Beverage Companies
  • Feed Companies
  • Nutraceutical and Health Supplement Companies
  • Pharmaceutical Companies
  • Cosmetic Companies
Europe Dunaliella Salina Market, by Region/Country
  • Germany
  • France
  • U.K
  • Italy
  • Spain
  • Netherlands
  • Denmark
  • Sweden
  • Rest of Europe
1. MARKET DEFINITION & SCOPE

1.1. Market Definition
1.2. Market Ecosystem
1.3. Currency
1.4. Key Stakeholders

2. RESEARCH METHODOLOGY

2.1. Research Approach
2.2. Process of Data Collection and Validation
  2.2.1. Secondary Research
  2.2.2. Primary Research/Interviews with Key Opinion Leaders of the Industry
2.3. Market Sizing and Forecast
  2.3.1. Market Size Estimation Approach
    2.3.1.1. Top-down Approach
    2.3.1.2. Bottom-up Approach
  2.3.2. Growth Forecast Approach
2.4. Assumptions for the Study
2.5. Limitations for the Study

3. EXECUTIVE SUMMARY

3.1. Overview
3.2. Segment Analysis
  3.2.1. Europe Dunaliella Salina Market—End User Segment Analysis
  3.2.2. Europe Dunaliella Salina Market Analysis—by Country/Region
3.3. Competitive Landscape & Market Competitors

4. MARKET INSIGHTS

4.1. Overview
4.2. Drivers
  4.2.1. Increasing Demand for Naturally-sourced Beta-Carotene Products
  4.2.2. Rising Need for Natural Colorants
  4.2.3. Increased Use of Dunaliella Salina in the Cosmetics Industry
4.3. Restraints
  4.3.1. Complexities in Dunaliella Salina Production
4.4. Challenges
  4.4.1. Risk of Dunaliella Salina Contamination
4.5. Trends
  4.5.1. Increasing Demand for Clean-label Products
4.6. Production and Consumption Analysis
4.7. Pricing Analysis

5. EUROPE DUNALIELLA SALINA MARKET ASSESSMENT—BY END USER

5.1. Overview
5.2. Extraction Companies
5.3. Food & Beverage Companies
5.4. Feed Companies
5.5. Nutraceutical and Health Supplement Companies
5.6. Pharmaceutical Companies
5.7. Cosmetic Companies

6. EUROPE DUNALIELLA SALINA MARKET ASSESSMENT—BY GEOGRAPHY

6.1. Overview
6.2. Germany
6.3. France
6.4. U.K.
6.5. Italy
6.6. Spain
6.7. Netherlands
6.8. Denmark
6.9. Sweden
6.10. Rest of Europe (RoE)

7. COMPETITION ANALYSIS

7.1. Overview
7.2. Competitive Dashboard
  7.2.1. Industry Leaders
  7.2.2. Market Differentiators
  7.2.3. Vanguards
  7.2.4. Emerging Companies
7.3. Vendor Market Positioning

8. COMPANY PROFILES (COMPANY OVERVIEW, FINANCIAL OVERVIEW, PRODUCT PORTFOLIO, AND STRATEGIC DEVELOPMENTS)

8.1. Fuqing King Dnarmsa Spirulina Co., Ltd.
8.2. Algalimento SL
8.3. Hangzhou Ouqi Food Co., Ltd.
8.4. Bluebiotech Group
8.5. Xi’an Fengzu Biological Technology Co., Ltd. (Fzbiotech)
8.6. Monz?n Biotech S.L.
8.7. A4f Algae for Future

9. APPENDIX

9.1. Available Customization
9.2. Related Reports
LIST OF TABLES

Table 1 Dunaliella Salina-Based Ingredients/Products and their Functions in the Cosmetics Industry
Table 2 Europe Dunaliella Salina Market Size, by End User, 2021–2030 (USD Thousand)
Table 3 Europe Dunaliella Salina Market Size for Extraction Companies, by Country/Region, 2021–2030 (USD Thousand)
Table 4 Europe Dunaliella Salina Market Size for Food and Beverage Companies, by Country/Region, 2021–2030 (USD Thousand)
Table 5 Europe Dunaliella Salina Market Size for Feed Companies, by Country/Region, 2021–2030 (USD Thousand)
Table 6 Europe Dunaliella Salina Market Size for Nutraceutical and Health Supplement Companies, by Country/Region, 2021–2030 (USD Thousand)
Table 7 Europe Dunaliella Salina Market Size for Pharmaceutical Companies, by Country/Region, 2021–2030 (USD Thousand)
Table 8 Europe Dunaliella Salina Market Size for Cosmetic Companies, by Country/Region, 2021–2030 (USD Thousand)
Table 9 Europe: Dunaliella Salina Market Size, by Country/Region, 2021–2030 (USD Thousand)
Table 10 Europe: Dunaliella Salina Market Volume, by Country/Region, 2021–2030 (Tons)
Table 11 Germany: Dunaliella Salina Market Size, by End User, 2021–2030 (USD Thousand)
Table 12 France: Dunaliella Salina Market Size, by End User, 2021–2030 (USD Thousand)
Table 13 U.K.: Dunaliella Salina Market Size, by End User, 2021–2030 (USD Thousand)
Table 14 Italy: Dunaliella Salina Market Size, by End User, 2021-2030 (USD Thousand)
Table 15 Spain: Dunaliella Salina Market Size, by End User, 2021–2030 (USD Thousand)
Table 16 Netherlands: Dunaliella Salina Market Size, by End User, 2021–2030 (USD Thousand)
Table 17 Denmark: Dunaliella Salina Market Size, by End User, 2021–2030 (USD Thousand)
Table 18 Sweden: Dunaliella Salina Market Size, by End User, 2021–2030 (USD Thousand)
Table 19 Rest of Europe: Dunaliella Salina Market Size, by End User, 2021–2030 (USD Thousand)
LIST OF FIGURES

Figure 1 Market Ecosystem
Figure 2 Research Process
Figure 3 Secondary Sources Referenced for This Study
Figure 4 Primary Research Techniques
Figure 5 Key Executives Interviewed
Figure 6 Breakdown of Primary Interviews (Supply Side & Demand Side)
Figure 7 Market Sizing and Growth Forecast Approach
Figure 8 In 2023, the Extraction Companies Segment to Dominate the Europe Dunaliella Salina Market
Figure 9 Germany Dominates the Europe Dunaliella Salina Market, while the U.K. Leads in Growth
Figure 10 Factors Affecting Market Growth
Figure 11 Europe: Dunaliella Salina Production and Consumption, 2021–2030 (Tons)
Figure 12 Dunaliella Salina: Average Selling Prices, 2021–2030 (USD/Kg)
Figure 13 Europe Dunaliella Salina Market Size, by End User, 2023–2030 (USD Thousand)
Figure 14 Europe Dunaliella Salina Market Size, by Country/Region, 2023 Vs. 2030 (USD Thousand)
Figure 15 Europe: Market Snapshot (2023)
Figure 16 Competitive Dashboard: Europe Dunaliella Salina Market
Figure 17 Europe Dunaliella Salina Market Competitive Benchmarking, by End User


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