Australia Algae Oil Market Size & Outlook, 2025-2033


Australia Algae Oil Market Insights

  • As per Deep Market Insights insights, the Australia Algae Oil Market stood at USD 3.84 Million in 2024 and is anticipated to grow to USD 7.96 Million by 2033.
  • The Australia market is expected to advance at a CAGR of 8.42% from 2026 through 2033.
  • In 2024, Omega-3 Oil accounted for the highest share of the Product Type market size.
  • During the forecast period, Omega-3 Oil is set to register the highest growth, making it the most lucrative Product Type segment.

Other Key Findings


  • As of 2024, Australia held 0.84% of the global Algae Oil Market size.
  • By 2033, United States is anticipated to capture the largest share of the global Algae Oil Market.
  • In Asia Pacific, China is expected to lead the regional Algae Oil Market size by 2033.
  • Australia will remain the fastest-growing market in Asia Pacific, reaching USD 7.95 Million by 2033.

Report Summary

Report Scope Details
Base Year for Study 2024
Study Period 2021-2033
Historical Period 2021-2023
Forecast Period 2025-2033
Market Size In 2024 USD 3.84 Million
Market Size In 2033 USD 7.96 Million
Largest segment Omega-3 Oil
Units Revenue in USD Million
CAGR 8.42% (2025-2033)
Segmnetation Covered
Product Type
  1. Omega-3 Oil
  2. Cooking Oil Blends
  3. Algal Lipids
  4. Encapsulated Oils
Application
  1. Dietary Supplements
  2. Functional Foods
  3. Infant Nutrition
  4. Cosmetics
Form
  1. Bulk Oil
  2. Capsules
  3. Powdered Oil
  4. Liquid Concentrates
Report Coverage Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends