Algae Products Market Set to Reach $9.1 Billion by 2032 with Steady 4.8% CAGR By the end of 2032, the global market for algal products, presently valued at US$ 4.96 billion, is expected to grow at a CAGR of 4.8% to reach US$ 9.1 billion.Algae are grown in both aquaculture and agriculture, and the results are used in a wide range of final goods, including cakes, ice cream, toothpaste, aquatic feed components, and anti-obesity and anti-diabetic compounds.
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