Global Algae Products Market, By Type (Lipids, Carrageenan, Carotenoids, Alginate, Algal Protein, Others), Form (Solid, Liquid), Source (Brown Algae, Blue-Green Algae, Red Algae, Green Algae, Others), Application (Food and Beverages, Nutraceuticals and Dietary Supplements, Feed, Personal Care Products, Pharmaceuticals, Others), Country (U.S., Canada, Mexico, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, U.A.E, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa) Industry Trends and Forecast to 2029
Market Analysis and Insights : Global Algae Products Market
Data Bridge Market Research analyses that the global algae products market to be growing at a CAGR of 7.21% in the forecast period of 2022-2029.
Algae are photosynthetic, oxygen-exhaling microorganisms that can be unicellular or multicellular. These characteristics aid algae in consuming carbon dioxide (CO2) and collecting important minerals, vitamins, and nutrients. The plant uses it as both fuel and food. Algae are commonly found in seaweed, chlorella, and kelp-based algae products. Algae products are high in protein and include necessary amino acids, which aid in the improvement of human metabolic activities like enzyme formation.
The rising consumer awareness about the health benefits associated with omega3 and mutli-industry coverage are driving the global algae products market. Furthermore, the high demand from pharmaceutical sector, increase in global population and growing demand for feed and food supplements are some macroeconomic factors that are positively impacting the worldwide algae products market. Other factors including growing demand for aquaculture feed utilized for fish breeding and rising need for healthy food products will cushion the market’s growth rate.
Moreover, the rise in the government and private initiatives supporting research and development in aquaculture and increasing demand for natural ingredients by consumers will boost the opportunities for the growth of algae products market.
However, high cost of production and impact of climatic conditions on the production of algae will hamper the market growth rate. Additionally, ingestion of algae-based prescription medicine commodities including chlorella, sun microalgae, and spirulina resulted in gastrointestinal, abdomen and nauseous health problems. This factor will obstruct the algae products market's overall growth. Also, the dearth of R&D activities in developing nations and less awareness will challenge the algae products market throughout the projection period.
This algae products market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on algae products market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Algae Products Market Scope and Market Size
The algae products market is segmented on the basis of type, form, source, and application. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of type, the algae products market is segmented into lipids, carrageenan, carotenoids, alginate, algal protein, and others.
- Based on form, the algae products market is segmented into solid and liquid.
- On the basis of source, the algae products market is segmented into brown algae, blue-green algae, red algae, green algae, and others.
- On the basis of application, the algae products market is segmented into food and beverages, nutraceuticals and dietary supplements, feed, personal care products, and others.
Algae Products Market Country Level Analysis
The algae products market is analyses and market size, volume information is provided by country, type, form, source, and application as referenced above.
The countries covered in the algae products market report are U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa(MEA) as a part of Middle East and Africa(MEA).
North America dominates the algae products market and will continue to flourish its trend of dominance during the forecast period owing to the rising incidences of diseases and conditions including diabetes and high blood pressure, growing geriatric population and increasing healthcare awareness in this region. Asia-Pacific is expected to grow during the forecast period of 2022-2029 due to the growing demand for feed and food supplements and ongoing projects in this region.
The country section of the algae products market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Global Algae Products Market Share Analysis
The algae products market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to algae products market.
Some of the major players operating in the algae products market are Algatech LTD, Euglena Co. Ltd., Algae Systems LLC, Cyanotech Corporation, Cargill, Incorporated, Algenol Biofuels, Bioprocess Algae LLC, Cellana Inc., Earthrise Nutritionals LLC, DuPont, ADM, DSM, BASF SE, E.I.D. - Parry (India) Limited, Corbion NV, CP Kelco U.S., Inc., BlueBioTech International GmbH, Pond Tech, Heliae Development, LLC, and SUN CHLORELLA CORP., among others.
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Table of Content
1 INTRODUCTION
1.1 OBJECTIVES OF THE STUDY
1.2 MARKET DEFINITION
1.3 OVERVIEW OF GLOBAL ALGAE PRODUCTS MARKET
1.4 CURRENCY AND PRICING
1.5 LIMITATION
1.6 MARKETS COVERED
2 MARKET SEGMENTATION
2.1 KEY TAKEAWAYS
2.2 ARRIVING AT THE GLOBAL ALGAE PRODUCTS MARKET SIZE
2.3 VENDOR POSITIONING GRID
2.4 MARKETS COVERED
2.5 GEOGRAPHIC SCOPE
2.6 YEARS CONSIDERED FOR THE STUDY
2.7 RESEARCH METHODOLOGY
2.8 TECHNOLOGY LIFE LINE CURVE
2.9 MULTIVARIATE MODELLING
2.1 PRIMARY INTERVIEWS WITH KEY OPINION LEADERS
2.11 DBMR MARKET POSITION GRID
2.12 MARKET APPLICATION COVERAGE GRID
2.13 DBMR MARKET CHALLENGE MATRIX
2.14 SECONDARY SOURCES
2.15 GLOBAL ALGAE PRODUCTS MARKET: RESEARCH SNAPSHOT
2.16 ASSUMPTIONS
3 MARKET OVERVIEW
3.1 DRIVERS
3.2 RESTRAINTS
3.3 OPPORTUNITIES
3.4 CHALLENGES
4 EXECUTIVE SUMMARY
5 PREMIUM INSIGHTS
5.1 CONSUMER BUYING BEHAVIOUR
5.2 FACTORS AFFECTING BUYING DECISION
5.3 PRODUCT ADOPTION SCENARIO
5.4 PORTER’S FIVE FORCES
5.5 REGULATION COVERAGE
5.6 BRAND ANALYSIS
5.7 RAW MATERIAL SOURCING ANALYSIS
5.8 IMPORT EXPORT SCENARIO
6 PRODUCT V/S BRAND SNAPSHOT
7 PRODUCTION CAPACITY OUTLOOK
8 IMPACT OF ECONOMIC SLOWDOWN
8.1 IMPACT ON PRICES
8.2 IMPACT ON SUPPLY CHAIN
8.3 IMPACT ON SHIPMENT
8.4 IMPACT ON DEMAND
8.5 IMPACT ON STRATEGIC DECISIONS
9 PRICING INDEX ANALYSIS
10 SUPPLY CHAIN ANALYSIS
10.1 OVERVIEW
10.2 LOGISTIC COST SCENARIO
10.3 IMPORTANCE OF LOGISTICS SERVICE PROVIDERS
11 GLOBAL ALGAE PRODUCTS MARKET, BY TYPE, 2020-2029
11.1 OVERVIEW
11.2 HYDROCOLLOIDS
11.2.1 ALGINATE
11.2.2 AGAR
11.2.3 CARRAGEENAN
11.3 LIPIDS
11.4 CAROTENOIDS
11.4.1 LUTEIN
11.4.2 BETA CAROTENE
11.4.3 ASTAXANTHIN
11.4.4 LYCOPENE
11.4.5 FUCOXANTHIN
11.4.6 OTHER CARTENOIDS
11.5 ALGAL PROTEIN
11.6 ALGAL ANTIOXIDANTS
11.7 OTHERS
11.7.1 DRIED ALGAE
11.7.2 ALGAL FLOUR
12 GLOBAL ALGAE PRODUCTS MARKET, BY SOURCE, 2020-2029 (USD MILLION)
12.1 OVERVIEW
12.2 MACROALGAE
12.2.1 RED ALGAE
12.2.2 BROWN ALGAE
12.2.3 GREEN ALGAE
12.2.4 OTHERS
12.3 MICROALGAE
12.3.1 BLUE-GREEN ALGAE
12.3.2 GREEN ALGAE
12.3.3 RED ALGAE
12.3.4 OTHERS
13 GLOBAL ALGAE PRODUCTS MARKET, BY FORM, 2020-2029 (USD MILLION)
13.1 OVERVIEW
13.2 SOLID
13.3 LIQUID
14 GLOBAL ALGAE PRODUCTS MARKET, BY APPLICATION, 2020-2029 (USD MILLION)
14.1 OVERVIEW
14.2 FOOD & BEVERAGES
14.3 NUTRACEUTICALS & DIETARY SUPPLEMENTS
14.4 PERSONAL CARE
14.5 FEED
14.5.1 FEED, BY APPLICATION
14.5.1.1. POULTRY
14.5.1.2. SWINE
14.5.1.3. PETS
14.5.1.4. AQUACULTURE
14.5.1.5. EQUINE
14.5.1.6. OTHERS
14.6 PHARMACEUTICALS
14.7 SPECIALTY CHEMICAL
14.8 BIOFUEL
14.9 POLLUTION CONTROL
14.1 PAINTS AND COLORANTS
14.11 FERTILIZERS
14.12 OTHERS
15 GLOBAL ALGAE PRODUCTS MARKET, BY DISTRIBUTION CHANNEL, 2020-2029 (USD MILLION)
15.1 OVERVIEW
15.2 INDIRECT
15.2.1 STORE BASED RETAILING
15.2.2 NON-STORE BASED RETAILING
15.3 DIRECT
16 GLOBAL ALGAE PRODUCTS MARKET, BY GEOGRAPHY, 2020-2029 (USD MILLION)
16.1 GLOBAL ALGAE PRODUCTS MARKET, (ALL SEGMENTATION PROVIDED ABOVE IS REPRESENTED IN THIS CHAPTER BY COUNTRY)
16.2 NORTH AMERICA
16.2.1 U.S.
16.2.2 CANADA
16.2.3 MEXICO
16.3 EUROPE
16.3.1 GERMANY
16.3.2 U.K.
16.3.3 ITALY
16.3.4 FRANCE
16.3.5 SPAIN
16.3.6 RUSSIA
16.3.7 SWITZERLAND
16.3.8 TURKEY
16.3.9 BELGIUM
16.3.10 NETHERLANDS
16.3.11 REST OF EUROPE
16.4 ASIA-PACIFIC
16.4.1 JAPAN
16.4.2 CHINA
16.4.3 SOUTH KOREA
16.4.4 INDIA
16.4.5 SINGAPORE
16.4.6 THAILAND
16.4.7 INDONESIA
16.4.8 MALAYSIA
16.4.9 PHILIPPINES
16.4.10 AUSTRALIA & NEW ZEALAND
16.4.11 REST OF ASIA-PACIFIC
16.5 SOUTH AMERICA
16.5.1 BRAZIL
16.5.2 ARGENTINA
16.5.3 REST OF SOUTH AMERICA
16.6 MIDDLE EAST AND AFRICA
16.6.1 SOUTH AFRICA
16.6.2 EGYPT
16.6.3 SAUDI ARABIA
16.6.4 UNITED ARAB EMIRATES
16.6.5 ISRAEL
16.6.6 REST OF MIDDLE EAST AND AFRICA
17 GLOBAL ALGAE PRODUCTS MARKET, COMPANY LANDSCAPE
17.1 COMPANY SHARE ANALYSIS: GLOBAL
17.2 COMPANY SHARE ANALYSIS: NORTH AMERICA
17.3 COMPANY SHARE ANALYSIS: EUROPE
17.4 COMPANY SHARE ANALYSIS: ASIA-PACIFIC
17.5 MERGERS AND ACQUISITIONS
17.6 NEW PRODUCT DEVELOPMENT AND APPROVALS
17.7 EXPANSIONS
17.8 PARTNERSHIP AND OTHER STRATEGIC DEVELOPMENTS
18 SWOT AND DATA BRIDGE MARKET RESEARCH ANALYSIS
19 GLOBAL ALGAE PRODUCTS MARKET - COMPANY PROFILES
19.1 DSM
19.1.1 COMPANY SNAPSHOT
19.1.2 PRODUCT PORTFOLIO
19.1.3 SWOT ANALYSIS
19.1.4 REVENUE ANALYSIS
19.1.5 RECENT UPDATES
19.2 DUPONT
19.2.1 COMPANY SNAPSHOT
19.2.2 PRODUCT PORTFOLIO
19.2.3 SWOT ANALYSIS
19.2.4 REVENUE ANALYSIS
19.2.5 RECENT UPDATES
19.3 CARGILL, INCORPORATED
19.3.1 COMPANY SNAPSHOT
19.3.2 PRODUCT PORTFOLIO
19.3.3 SWOT ANALYSIS
19.3.4 REVENUE ANALYSIS
19.3.5 RECENT UPDATES
19.4 BASF SE
19.4.1 COMPANY SNAPSHOT
19.4.2 PRODUCT PORTFOLIO
19.4.3 SWOT ANALYSIS
19.4.4 REVENUE ANALYSIS
19.4.5 RECENT UPDATES
19.5 ALGAECAN BIOTECH LTD
19.5.1 COMPANY SNAPSHOT
19.5.2 PRODUCT PORTFOLIO
19.5.3 SWOT ANALYSIS
19.5.4 REVENUE ANALYSIS
19.5.5 RECENT UPDATES
19.6 ALGAE INTERNATIONAL BERHAD
19.6.1 COMPANY SNAPSHOT
19.6.2 PRODUCT PORTFOLIO
19.6.3 SWOT ANALYSIS
19.6.4 REVENUE ANALYSIS
19.6.5 RECENT UPDATES
19.7 ALGATECH LTD
19.7.1 COMPANY SNAPSHOT
19.7.2 PRODUCT PORTFOLIO
19.7.3 SWOT ANALYSIS
19.7.4 REVENUE ANALYSIS
19.7.5 RECENT UPDATES
19.8 ALGEA
19.8.1 COMPANY SNAPSHOT
19.8.2 PRODUCT PORTFOLIO
19.8.3 SWOT ANALYSIS
19.8.4 REVENUE ANALYSIS
19.8.5 RECENT UPDATES
19.9 ALGENOL
19.9.1 COMPANY SNAPSHOT
19.9.2 PRODUCT PORTFOLIO
19.9.3 SWOT ANALYSIS
19.9.4 REVENUE ANALYSIS
19.9.5 RECENT UPDATES
19.1 ARIZONA ALGAE PRODUCTS, LLC
19.10.1 COMPANY SNAPSHOT
19.10.2 PRODUCT PORTFOLIO
19.10.3 SWOT ANALYSIS
19.10.4 REVENUE ANALYSIS
19.10.5 RECENT UPDATES
19.11 CELLANA INC
19.11.1 COMPANY SNAPSHOT
19.11.2 PRODUCT PORTFOLIO
19.11.3 SWOT ANALYSIS
19.11.4 REVENUE ANALYSIS
19.11.5 RECENT UPDATES
19.12 CORBION
19.12.1 COMPANY SNAPSHOT
19.12.2 PRODUCT PORTFOLIO
19.12.3 SWOT ANALYSIS
19.12.4 REVENUE ANALYSIS
19.12.5 RECENT UPDATES
19.13 CP KELCO U.S., INC
19.13.1 COMPANY SNAPSHOT
19.13.2 PRODUCT PORTFOLIO
19.13.3 SWOT ANALYSIS
19.13.4 REVENUE ANALYSIS
19.13.5 RECENT UPDATES
19.14 CYANOTECH CORPORATION
19.14.1 COMPANY SNAPSHOT
19.14.2 PRODUCT PORTFOLIO
19.14.3 SWOT ANALYSIS
19.14.4 REVENUE ANALYSIS
19.14.5 RECENT UPDATES
19.15 DIC CORPORATION
19.15.1 COMPANY SNAPSHOT
19.15.2 PRODUCT PORTFOLIO
19.15.3 SWOT ANALYSIS
19.15.4 REVENUE ANALYSIS
19.15.5 RECENT UPDATES
19.16 EUGLENA CO., LTD
19.16.1 COMPANY SNAPSHOT
19.16.2 PRODUCT PORTFOLIO
19.16.3 SWOT ANALYSIS
19.16.4 REVENUE ANALYSIS
19.16.5 RECENT UPDATES
19.17 FENCHEM
19.17.1 COMPANY SNAPSHOT
19.17.2 PRODUCT PORTFOLIO
19.17.3 SWOT ANALYSIS
19.17.4 REVENUE ANALYSIS
19.17.5 RECENT UPDATES
19.18 KEMIN INDUSTRIES, INC.
19.18.1 COMPANY SNAPSHOT
19.18.2 PRODUCT PORTFOLIO
19.18.3 SWOT ANALYSIS
19.18.4 REVENUE ANALYSIS
19.18.5 RECENT UPDATES
19.19 PARRY NUTRACEUTICALS
19.19.1 COMPANY SNAPSHOT
19.19.2 PRODUCT PORTFOLIO
19.19.3 SWOT ANALYSIS
19.19.4 REVENUE ANALYSIS
19.19.5 RECENT UPDATES
19.2 SUN AND EARTH (S) PTE LTD
19.20.1 COMPANY SNAPSHOT
19.20.2 PRODUCT PORTFOLIO
19.20.3 SWOT ANALYSIS
19.20.4 REVENUE ANALYSIS
19.20.5 RECENT UPDATES
*NOTE: THE COMPANIES PROFILED IS NOT EXHAUSTIVE LIST AND IS AS PER OUR PREVIOUS CLIENT REQUIREMENT. WE PROFILE MORE THAN 100 COMPANIES IN OUR STUDY AND HENCE THE LIST OF COMPANIES CAN BE MODIFIED OR REPLACED ON REQUEST
20 RELATED REPORTS
21 QUESTIONNAIRE
22 CONCLUSION
23 ABOUT DATA BRIDGE MARKET RESEARCH
Global Algae Products Market, Supply Chain Analysis and Ecosystem Framework
To support market growth and help clients navigate the impact of geopolitical shifts, DBMR has integrated in-depth supply chain analysis into its Global Algae Products Market research reports. This addition empowers clients to respond effectively to global changes affecting their industries. The supply chain analysis section includes detailed insights such as Global Algae Products Market consumption and production by country, price trend analysis, the impact of tariffs and geopolitical developments, and import and export trends by country and HSN code. It also highlights major suppliers with data on production capacity and company profiles, as well as key importers and exporters. In addition to research, DBMR offers specialized supply chain consulting services backed by over a decade of experience, providing solutions like supplier discovery, supplier risk assessment, price trend analysis, impact evaluation of inflation and trade route changes, and comprehensive market trend analysis.
Research Methodology
Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
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