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Microalgae Personal Care and Cosmetics Market To Reach $76.50 Million by 2031

Market players are looking to capitalize on anti-inflammatory and anti-microbial properties in oral care.

The demand for microalgae in personal care and cosmetics market is growing in the industry. Future Market Insights (FMI) estimates that the revenue generated from microalgae demand will grow by 1.5 times of current market valuation between 2021 and 2031, reaching nearly $76.50 million in 2031. Over the course of the forecast period, the market is expected to register a compound annual growth rate (CAGR) of 4.2%. The U.S. is predicted to account for around 89% of the North America market by...

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