The latest market report published by Credence Research, Inc. “Global Algae Products Market: Growth, Future Prospects, and Competitive Analysis, 2016 – 2028”. The Global Algae Products Market generated revenue of around USD 4.5 billion in 2021 and is anticipated to grow a CAGR of over 5.9 % during the forecast period from 2022 to 2028 to reach around USD 6.3 billion in 2028. The global Algae Products Market annual revenue is likely to expand by around USD 1.8 billion during 2022 to 2028.
The worldwide algae products market is being driven by increased consumer knowledge about the health benefits of omega3 and multi-industry coverage. Increased demand from the pharmaceutical industry, an increase in the global population, and a rising need for feed and food supplements are key macroeconomic factors driving the global algae products market. Other factors such as increased demand for aquaculture feed used in fish breeding and rising demand for healthy food products would help to moderate the market’s growth rate. Furthermore, the increase in government and commercial initiatives supporting aquaculture research and development, as well as consumer desire for natural ingredients, will increase the chances for the expansion of the algal product’s market.
The global Algae Products Market is bifurcated into type, application, source, form, and geography. Based on type, the market is categorized into Lipids, Carrageenan, Carotenoids, Algae protein, Alginates, and Other types (agar, algal flour, and dried algae). Based on application, the market is categorized into Food & Beverage, Nutraceutical & diet supplement, Animal feed, Personal care, Pharmaceutical, and Other applications (infant food, fortified food, and pet food). Based on source, the market is categorized into Brown algae, Blue-green algae, Green algae, Red algae, and Other sources (yellow-brown and golden algae). Based on form, the market is differentiated into Solid, and Liquid. Based on geography, the market is segmented as North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.
Why to Buy This Report-
- The report provides a qualitative as well as quantitative analysis of the global Algae Products Market by segments, current trends, drivers, restraints, opportunities, challenges, and market dynamics with the historical period from 2016-2020, base year- 2021, and forecast period 2022-2028.
- The report contains information related to the competitive landscape like how the key players in the market are operating at a global, regional, and country-level
- In-depth analysis of the global market segmentation on the basis of type, application, source, and form
- Major countries in each region with their import/export statistics
- The global Algae Products Market report also includes the analysis of the market at a global, regional, and country-level along with key market trends, major players analysis, market growth strategies, and key application areas.
Browse Full Report: https://www.credenceresearch.com/report/algae-products-market
Table of Content
1. Preface
1.1. Report Description
1.1.1. Purpose of the Report
1.1.2. Target Audience
1.1.3. USP and Key Offerings
1.2. Research Scope
1.3. Research Methodology
1.3.1. Phase I – Secondary Research
1.3.2. Phase II – Primary Research
1.3.3. Phase III – Expert Panel Review
1.3.4. Approach Adopted
1.3.4.1. Top-Down Approach
1.3.4.2. Bottom-Up Approach
1.3.5. Assumptions
1.4. Market Segmentation
2. Executive Summary
2.1. Market Snapshot: Global Algae Products Market
3. Market Dynamics & Factors Analysis
3.1. Introduction
3.1.1. Global Algae Products Market Value, 2016-2028, (US$ Bn)
3.2. Market Dynamics
3.2.1. Key Growth Trends
3.2.2. Major Industry Challenges
3.2.3. Key Growth Pockets
3.3. Attractive Investment Proposition,2021
3.3.1. Type
3.3.2. Application
3.3.3. Form
3.3.4. Source
3.3.5. Geography
3.4. Porter’s Five Forces Analysis
3.4.1. Threat of New Entrants
3.4.2. Bargaining Power of Buyers/Consumers
3.4.3. Bargaining Power of Suppliers
3.4.4. Threat of Substitute Types
3.4.5. Intensity of Competitive Rivalry
3.5. Value Chain Analysis
4. Market Positioning of Key Players, 2021
4.1. Company market share of key players, 2021
4.2. Top 6 Players
4.3. Top 3 Players
4.4. Major Strategies Adopted by Key Players
5. COVID 19 Impact Analysis
5.1. Global Algae Products Market Pre Vs Post COVID 19, 2019 – 2028
5.2. Impact on Import & Export
5.3. Impact on Demand & Supply
6. North America
6.1. North America Algae Products Market, by Country, 2016-2028(US$ Bn)
6.1.1. U.S.
6.1.2. Canada
6.1.3. Mexico
6.2. North America Algae Products Market, by Type, 2016-2028(US$ Bn)
6.2.1. Overview
6.2.2. Lipids
6.2.3. Carrageenan
6.2.4. Carotenoids
6.2.5. Algae protein
6.2.6. Alginates
6.2.7. Other types (agar, algal flour, and dried algae)
6.3. North America Algae Products Market, by Application, 2016-2028(US$ Bn)
6.3.1. Overview
6.3.2. Food & beverage
6.3.3. Nutraceutical & diet supplement
6.3.4. Animal feed
6.3.5. Personal care
6.3.6. Pharmaceutical
6.3.7. Other applications (infant food, fortified food, and pet food)
6.4. North America Algae Products Market, by Source, 2016-2028(US$ Bn)
6.4.1. Overview
6.4.2. Brown algae
6.4.3. Blue-green algae
6.4.4. Green algae
6.4.5. Red algae
6.4.6. Other sources (yellow-brown and golden algae)
6.5. North America Algae Products Market, by Form, 2016-2028(US$ Bn)
6.5.1. Overview
6.5.2. Solid
6.5.3. Liquid
7. Europe
7.1. Europe Algae Products Market, by Country, 2016-2028(US$ Bn)
7.1.1. UK
7.1.2. France
7.1.3. Germany
7.1.4. Italy
7.1.5. Russia
7.1.6. Ukraine
7.1.7. Spain
7.1.8. Belgium
7.1.9. Netherland
7.1.10. Austria
7.1.11. Sweden
7.1.12. Poland
7.1.13. Denmark
7.1.14. Switzerland
7.1.15. Rest of Europe
7.2. Europe Algae Products Market, by Type, 2016-2028(US$ Bn)
7.2.1. Overview
7.2.2. Lipids
7.2.3. Carrageenan
7.2.4. Carotenoids
7.2.5. Algae protein
7.2.6. Alginates
7.2.7. Other types (agar, algal flour, and dried algae)
7.3. Europe Algae Products Market, by Application, 2016-2028(US$ Bn)
7.3.1. Overview
7.3.2. Food & beverage
7.3.3. Nutraceutical & diet supplement
7.3.4. Animal feed
7.3.5. Personal care
7.3.6. Pharmaceutical
7.3.7. Other applications (infant food, fortified food, and pet food)
7.4. Europe Algae Products Market, by Source, 2016-2028(US$ Bn)
7.4.1. Overview
7.4.2. Brown algae
7.4.3. Blue-green algae
7.4.4. Green algae
7.4.5. Red algae
7.4.6. Other sources (yellow-brown and golden algae)
7.5. Europe Algae Products Market, by Form, 2016-2028(US$ Bn)
7.5.1. Overview
7.5.2. Solid
7.5.3. Liquid
8. Asia Pacific
8.1. Asia Pacific Algae Products Market, by Country, 2016-2028(US$ Bn)
8.1.1. China
8.1.2. Japan
8.1.3. South Korea
8.1.4. India
8.1.5. Australia
8.1.6. New Zealand
8.1.7. Taiwan
8.1.8. Indonesia
8.1.9. Malaysia
8.1.10. Philippine
8.1.11. Rest of Asia Pacific
8.2. Asia Pacific Algae Products Market, by Type, 2016-2028(US$ Bn)
8.2.1. Overview
8.2.2. Lipids
8.2.3. Carrageenan
8.2.4. Carotenoids
8.2.5. Algae protein
8.2.6. Alginates
8.2.7. Other types (agar, algal flour, and dried algae)
8.3. Asia Pacific Algae Products Market, by Application, 2016-2028(US$ Bn)
8.3.1. Overview
8.3.2. Food & beverage
8.3.3. Nutraceutical & diet supplement
8.3.4. Animal feed
8.3.5. Personal care
8.3.6. Pharmaceutical
8.3.7. Other applications (infant food, fortified food, and pet food)
8.4. Asia Pacific Algae Products Market, by Source, 2016-2028(US$ Bn)
8.4.1. Overview
8.4.2. Brown algae
8.4.3. Blue-green algae
8.4.4. Green algae
8.4.5. Red algae
8.4.6. Other sources (yellow-brown and golden algae)
8.5. Asia Pacific Algae Products Market, by Form, 2016-2028(US$ Bn)
8.5.1. Overview
8.5.2. Solid
8.5.3. Liquid
9. Latin America
9.1. Latin America Algae Products Market, by Country, 2016-2028(US$ Bn)
9.1.1. Brazil
9.1.2. Argentina
9.1.3. Peru
9.1.4. Chile
9.1.5. Colombia
9.1.6. Rest of Latin America
9.2. Latin America Algae Products Market, by Type, 2016-2028(US$ Bn)
9.2.1. Overview
9.2.2. Lipids
9.2.3. Carrageenan
9.2.4. Carotenoids
9.2.5. Algae protein
9.2.6. Alginates
9.2.7. Other types (agar, algal flour, and dried algae)
9.3. Latin America Algae Products Market, by Application, 2016-2028(US$ Bn)
9.3.1. Overview
9.3.2. Food & beverage
9.3.3. Nutraceutical & diet supplement
9.3.4. Animal feed
9.3.5. Personal care
9.3.6. Pharmaceutical
9.3.7. Other applications (infant food, fortified food, and pet food)
9.4. Latin America Algae Products Market, by Source, 2016-2028(US$ Bn)
9.4.1. Overview
9.4.2. Brown algae
9.4.3. Blue-green algae
9.4.4. Green algae
9.4.5. Red algae
9.4.6. Other sources (yellow-brown and golden algae)
9.5. Latin America Algae Products Market, by Form, 2016-2028(US$ Bn)
9.5.1. Overview
9.5.2. Solid
9.5.3. Liquid
10. Middle East
10.1. Middle East Algae Products Market, by Country, 2016-2028(US$ Bn)
10.1.1. UAE
10.1.2.
10.1.3. KSA
10.1.4. Israel
10.1.5. Turkey
10.1.6. Iran
10.1.7. Rest of Middle East
10.2. Middle East Algae Products Market, by Type, 2016-2028(US$ Bn)
10.2.1. Overview
10.2.2. Lipids
10.2.3. Carrageenan
10.2.4. Carotenoids
10.2.5. Algae protein
10.2.6. Alginates
10.2.7. Other types (agar, algal flour, and dried algae)
10.3. Middle East Algae Products Market, by Application, 2016-2028(US$ Bn)
10.3.1. Overview
10.3.2. Food & beverage
10.3.3. Nutraceutical & diet supplement
10.3.4. Animal feed
10.3.5. Personal care
10.3.6. Pharmaceutical
10.3.7. Other applications (infant food, fortified food, and pet food)
10.4. Middle East Algae Products Market, by Source, 2016-2028(US$ Bn)
10.4.1. Overview
10.4.2. Brown algae
10.4.3. Blue-green algae
10.4.4. Green algae
10.4.5. Red algae
10.4.6. Other sources (yellow-brown and golden algae)
10.5. Middle East Algae Products Market, by Form, 2016-2028(US$ Bn)
10.5.1. Overview
10.5.2. Solid
10.5.3. Liquid
11. Africa
11.1. Africa Algae Products Market, by Country, 2016-2028(US$ Bn)
11.1.1. South Africa
11.1.2. Egypt
11.1.3. Nigeria
11.1.4. Rest of Africa
11.2. Africa Algae Products Market, by Type, 2016-2028(US$ Bn)
11.2.1. Overview
11.2.2. Lipids
11.2.3. Carrageenan
11.2.4. Carotenoids
11.2.5. Algae protein
11.2.6. Alginates
11.2.7. Other types (agar, algal flour, and dried algae)
11.3. Africa Algae Products Market, by Application, 2016-2028(US$ Bn)
11.3.1. Overview
11.3.2. Food & beverage
11.3.3. Nutraceutical & diet supplement
11.3.4. Animal feed
11.3.5. Personal care
11.3.6. Pharmaceutical
11.3.7. Other applications (infant food, fortified food, and pet food)
11.4. Africa Algae Products Market, by Source, 2016-2028(US$ Bn)
11.4.1. Overview
11.4.2. Brown algae
11.4.3. Blue-green algae
11.4.4. Green algae
11.4.5. Red algae
11.4.6. Other sources (yellow-brown and golden algae)
11.5. Africa Algae Products Market, by Form, 2016-2028(US$ Bn)
11.5.1. Overview
11.5.2. Solid
11.5.3. Liquid
12. Global
12.1. Global Algae Products Market, by Type, 2016-2028(US$ Bn)
12.1.1. Overview
12.1.2. Lipids
12.1.3. Carrageenan
12.1.4. Carotenoids
12.1.5. Algae protein
12.1.6. Alginates
12.1.7. Other types (agar, algal flour, and dried algae)
12.2. Global Algae Products Market, by Application, 2016-2028(US$ Bn)
12.2.1. Overview
12.2.2. Food & beverage
12.2.3. Nutraceutical & diet supplement
12.2.4. Animal feed
12.2.5. Personal care
12.2.6. Pharmaceutical
12.2.7. Other applications (infant food, fortified food, and pet food)
12.3. Global Algae Products Market, by Source, 2016-2028(US$ Bn)
12.3.1. Overview
12.3.2. Brown algae
12.3.3. Blue-green algae
12.3.4. Green algae
12.3.5. Red algae
12.3.6. Other sources (yellow-brown and golden algae)
12.4. Global Algae Products Market, by Form, 2016-2028(US$ Bn)
12.4.1. Overview
12.4.2. Solid
12.4.3. Liquid
13. Company Profiles
13.1. DuPont (US)
13.2. Cargill (US)
13.3. DSM (Netherlands)
13.4. BASF (Germany)
13.5. Corbion (Netherlands)
13.6. E.I.D Parry (India)
13.7. CP Kelco (US)
13.8. Fenchem Biotek (China)
13.9. Algatech (Israel)
13.10. Cyanotech Corporation (US)
13.11. Others
Browse Full Report: https://www.credenceresearch.com/report/algae-products-market
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