North America Algae Oil Market Size & Outlook, 2025-2033


North America Algae Oil Market Insights

  • According to Deep Market Insights analysis, the North America Algae Oil Market size stood at USD 152.96 Million in 2024 and is forecasted to reach USD 323.45 Million by 2033.
  • The market is projected to grow at a CAGR of 8.75% between 2026 and 2033.
  • By segment, Omega-3 Oil was the leading Product Type in terms of market size in 2024.
  • Algal Lipids is expected to be the most lucrative Product Type segment, exhibiting the fastest growth throughout the forecast period.

Other Key Findings


  • The global Algae Oil Market size saw North America holding a share of 33.62% in 2024.
  • United States is forecasted to account for the leading share of the global market by 2033.
  • In North America, Canada is forecasted to be the fastest-expanding market, projected to reach USD 67.43 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 152.96 Million
Market Size In 2033 USD 323.45 Million
Largest segment Omega-3 Oil
Units Revenue in USD Million
CAGR 8.75% (2025-2033)
Segmnetation Covered
North America
  1. United States
  2. Canada
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