Chicago, April 23, 2024 (GLOBE NEWSWIRE) -- The algae products market is estimated at USD 5.3 billion in 2023 and is projected to reach USD 7.3 billion by 2028, at a CAGR of 6.4% from 2023 to 2028. Algae products are a diverse range of items derived from algae, a large and varied group of aquatic organisms that range from microscopic single-celled plants to giant multicellular seaweeds. Algae have been used by humans for centuries for food, medicine, and industrial purposes. Download PDF brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=250538721 Here are some of the most common algae products: Food: Certain algae species, such as spirulina and chlorella, are consumed as dietary supplements or superfoods due to their high protein, vitamin, and mineral content. They can also be dried and ground into a powder to be added to smoothies, juices, or baked goods. Food Additives: Agar and carrageenan are thickening and gelling agents extracted from red seaweed. They are commonly used in jellies, puddings, ice cream, and other processed foods. Cosmetics: Algae extracts are used in a variety of skincare products because they contain antioxidants, vitamins, and minerals that can help to improve skin health. Biofuels: Algae are being researched as a potential source of biofuel because they can grow quickly and produce oil. Animal Feed: Algae can be a sustainable source of protein for livestock and fish. Carotenoids: A Natural Source ...