Algae Products Market Size Estimated to Reach USD 6.3 BN By 2028, With 5.9% CAGR: Statistics Report by Credence Research

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Algae Products Market Size Estimated to Reach USD 6.3 BN By 2028, With 5.9% CAGR: Statistics Report by Credence Research

June 15
22:08 2022
In 2021, the global Algae Products Market was valued at USD 4.5 billion and is projected to reach at value of USD 6.3 billion by 2028.

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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