Middle East And Africa Algae Oil Market Size & Outlook, 2025-2033


Middle East And Africa Algae Oil Market Insights

  • Based on Deep Market Insights findings, the Middle East And Africa Algae Oil Market size reached USD 52.51 Million in 2024 and is expected to grow to USD 108.1 Million by 2033.
  • During 2026–2033, the market is forecasted to advance at a CAGR of 8.53%.
  • Omega-3 Oil represented the largest share of the Product Type market in terms of size in 2024.
  • Among the Product Type segments, Encapsulated Oils is forecasted to achieve the highest growth and remain the most lucrative through the forecast period.

Other Key Findings


  • In 2024, Middle East And Africa contributed 11.54% to the overall global Algae Oil Market size.
  • By 2033, United States is anticipated to dominate the global market based on market size.
  • Egypt is expected to witness the fastest growth within Middle East and Africa, attaining USD 11.72 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 52.51 Million
Market Size In 2033 USD 108.1 Million
Largest segment Omega-3 Oil
Units Revenue in USD Million
CAGR 8.53% (2025-2033)
Segmnetation Covered
Middle East and Africa
  1. United Arab Emirates
  2. Saudi Arabia
  3. South Africa
  4. Egypt
  5. Nigeria
  6. Turkey
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