According to the new market research report published by Industry experts and research specialists of Data Bridge Market Research Global Algae Products Market By Type (Lipids, Carrageenan, Carotenoids, Algal Protein, Alginate, Others), Source (Brown Algae, Blue-Green Algae, Red Algae, Green Algae, Others), Form (Solid, Liquid), Application (Food & Beverages, Nutraceuticals & Dietary Supplements, Feed, Personal Care Products, Pharmaceuticals, Others), Geography (North America, South America, Europe, Asia-Pacific, Middle East And Africa) – Industry Trends and Forecast to 2025 the global algae products market is expected to reach USD 5.60 billion by 2025, growing at a CAGR of 5.3%
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The Global Algae Products Market study with 100+ market data Tables, Pie Chat, Graphs & Figures is now released by Data Bridge Market Research. The report presents a complete assessment of the Market covering future trend, current growth factors, attentive opinions, facts, and industry validated market data forecast till 2025. Delivering the key insights pertaining to this industry, the report provides an in-depth analysis of the latest trends, present and future business scenario, market size and share of Major Players such as BASF SE, Dowdupont, Cyanotech Corporation, Cargill, Stärke GmbH, Sms Corporation Co. Ltd, Global Bio-Chem Technology Group Company Limited, SPAC STARCH PRODUCTS (INDIA) LTD., Qingdao Cbh Co., Ltd., Beneo-Remy N.V., China Essence Group Ltd, Samyang Genex Corp, Ulrick & Short Ltd., Grain Processing Corporation, Roquette Frères, Siam Modified Starch Co. Ltd., Algatechnologies, CP Kelco and other.
An algae is a group of organism having potential of performing photosynthesis process. It helps to convert carbon dioxide into protein and fat in the presence of sunlight. It is utilised as food and fuel by the plant. Algae are commonly used in algae products comprising seaweed, kelp and chlorella. Algae products have high protein and contain essential amino acid, which helps in boosting human metabolic process like enzyme production. It also has high content of omega 3 and 6 acids. Algae Products have wide application in pharmaceutical, food supplement manufacturers and nutraceuticals industry.
Market drivers:
- Raising consumer awareness regarding health benefits of algae-based products
- Alternate food source and food ingredient
- Growing multi industry coverage
Market restraint:
- Advanced high impact of climate condition on algae production
- High cost of processing
Competitive Landscape:
The global algae products market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of Algae Products market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa.
In, July, 2013, BASF SE and National Prawn Company (Saudi Arabia) had signed an agreement on collaboration in the field of algae technology.
Table of Contents
Market Overview
Global Economic Impact on Industry
Global Market Competition by Competitors
Global Production, Revenue (Value) by Region
Global Market Analysis by Application
Industrial Chain, Sourcing Strategy and Downstream Buyers
Marketing Strategy Analysis
Market Effect Factors Analysis
Global Market Forecast
Appendix
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Market Segmentation:
By Type
- Lipids
- Carrageenan
- Carotenoids
- Algal Protein
- Alginate
- Others
By Source
- Brown Algae
- Blue-Green Algae
- Red Algae
- Green Algae
- Others
By Form
- Solid
- Liquid
By Application
- Food & Beverages
- Nutraceuticals & Dietary Supplements
- Feed
- Personal Care Products
- Pharmaceuticals
- Others
By Geography
- North America
- U.S.
- Canada,
- Mexico
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Turkey
- Belgium
- Netherlands
- Switzerland
- Rest of Europe
- Asia-Pacific
- Japan
- China
- South Korea
- India
- Australia
- Singapore
- Thailand
- Malaysia
- Indonesia
- Philippines
- Rest of Asia Pacific
- South America
- Brazil
- Rest of South America
- Middle East & Africa
- South Africa
- Rest of MEA
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