Saudi Arabia Microalgae Based Products Market

Saudi Arabia Microalgae Based Products Market Overview:

The Saudi Arabia microalgae based products market size reached USD 21.33 Million in 2024. Looking forward, IMARC Group expects the market to reach USD 36.62 Million by 2033, exhibiting a growth rate (CAGR) of 6.19% during 2025-2033. At present, with veganism becoming more popular among younger individuals and the urban population, both local manufacturers and companies are investing in microalgae based advancements. Besides this, the growing government support for clean energy projects is contributing to the expansion of the Saudi Arabia microalgae based products market share.

Saudi Arabia Microalgae Based Products Market Trends:

Increasing adoption of veganism

Rising adoption of veganism is positively influencing the market in Saudi Arabia. A study indicated that by 2025, 37.5% of individuals in Saudi Arabia would consider themselves vegetarians, while vegans would make up 11.3% of that population. Microalgae are an ideal plant-based source of vital nutrients, including protein, omega-3 fatty acids, vitamins, and antioxidants. In Saudi Arabia, an increasing number of people are adopting vegan or flexitarian diets due to health, environmental, and ethical reasons. This shift is driving the demand for natural, plant-derived ingredients, and microalgae fit well into this trend. Food and beverage (F&B) manufacturers in the country are responding by incorporating microalgae into snacks, supplements, beverages, and dairy alternatives. The clean-label and sustainable image of microalgae aligns with the preferences of health-conscious and environmentally aware individuals. Additionally, microalgae's ability to replace animal-based nutrients supports the formulation of fully vegan products, widening their market appeal. As veganism is gaining traction among younger demographics and the urban population, local producers and international players are investing in microalgae based innovations. Educational campaigns, online influencers, and the expansion of vegan product offerings in supermarkets are further stimulating the microalgae based products market growth. Restaurants and cafés have also begun to add vegan options with microalgae ingredients.

Rising use in biofuel production

Increasing use of microalgae in biofuel production is offering a favorable market outlook. As per the IMARC Group, the Saudi Arabia biofuel market size reached USD 895.77 Million in 2024. Microalgae offer a high-yield, renewable source of biofuel, making them a promising solution for reducing dependence on fossil fuels. In Saudi Arabia, where energy diversification is a national goal, microalgae are gaining traction for their ability to produce bio-oil with minimal land and water usage. Their fast growth rate and ability to absorb carbon dioxide add to their appeal in biofuel applications. Research institutions and energy companies in the region are investing in microalgae cultivation to develop efficient and scalable production methods. Government support for clean energy projects is further encouraging the integration of microalgae in fuel production. Industrial players are exploring partnerships to commercialize algae-based biofuels for transportation and power generation. As stringent environmental regulations are being implemented, microalgae are emerging as a viable and eco-friendly option. This shift is not only supporting sustainability goals but also expanding the market for microalgae based products in Saudi Arabia across both energy and industrial sectors.

Saudi Arabia Microalgae Based Products Market Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country and regional levels for 2025-2033. Our report has categorized the market based on product and application.

Product Insights:

• Spirulina
• Chlorella
• Dunaliella Salina
• Astaxanthin
• Beta Carotene
• PUFA Fatty Acid
• Lutein
• Others

The report has provided a detailed breakup and analysis of the market based on the product. This includes spirulina, chlorella, Dunaliella salina, astaxanthin, beta carotene, PUFA fatty acid, lutein, and others.

Application Insights:

• Food and Beverages
• Personal Care
• Nutraceuticals and Dietary Supplements
• Pharmaceuticals
• Chemicals
• Fuel
• Animal Feed
• Others

A detailed breakup and analysis of the market based on the application have also been provided in the report. This includes food and beverages, personal care, nutraceuticals and dietary supplements, pharmaceuticals, chemicals, fuel, animal feed, and others.

Regional Insights:

• Northern and Central Region 
• Western Region
• Eastern Region 
• Southern Region 

The report has also provided a comprehensive analysis of all the major regional markets, which include Northern and Central Region, Western Region, Eastern Region, and Southern Region.

Competitive Landscape:

The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.

Saudi Arabia Microalgae Based Products Market News:

• In March 2025, Aarksee Group and Soletair Power established a strategic partnership to implement the building-integrated carbon capture technology utilizing microalgae across the Middle East, including Saudi Arabia, and India. The collaboration combined two synergistic technologies: Aarksee’s pioneering microalgae-based carbon capture and eco-friendly mineralization techniques alongside Soletair Power’s proprietary Building-Integrated Carbon Capture (BICC) system, which extracted CO₂ from the atmosphere using HVAC systems. They offered an extensive plan for decreasing carbon emissions that operated within construction systems while generating advantageous byproducts.
• In February 2024, researchers at King Abdullah University of Science and Technology (KAUST) in Saudi Arabia created an innovative technique for generating microalgae in large quantities, which they believed could assist the nation in decreasing its dependence on imported animal feed supplies. Scientists asserted that the Spirulina and Chlorella algae strains they created were suited for seawater, rendering their algae farming approach both economically viable and environmentally sustainable.

Saudi Arabia Microalgae Based Products Market Report Coverage:

Key Questions Answered in This Report:

• How has the Saudi Arabia microalgae based products market performed so far and how will it perform in the coming years?
• What is the breakup of the Saudi Arabia microalgae based products market on the basis of product?
• What is the breakup of the Saudi Arabia microalgae based products market on the basis of application?
• What is the breakup of the Saudi Arabia microalgae based products market on the basis of region?
• What are the various stages in the value chain of the Saudi Arabia microalgae based products market? 
• What are the key driving factors and challenges in the Saudi Arabia microalgae based products market?
• What is the structure of the Saudi Arabia microalgae based products market and who are the key players?
• What is the degree of competition in the Saudi Arabia microalgae based products market? 

Key Benefits for Stakeholders:

• IMARC’s industry report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the Saudi Arabia microalgae based products market from 2019-2033.
• The research report provides the latest information on the market drivers, challenges, and opportunities in the Saudi Arabia microalgae based products market.
• Porter's five forces analysis assist stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the Saudi Arabia microalgae based products industry and its attractiveness.
• Competitive landscape allows stakeholders to understand their competitive environment and provides an insight into the current positions of key players in the market.