Algae Oil Market 2018 Overview | Key Players:Diversified Energy Corporation, Cellana, TerraVia and Algix

This study provides insights about the Algae Oil Market in regards to its uses and benefits. We at Crystal Market Research (CMR) provide updated information that is beneficial in decision making regarding business investments.

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Industry Outlook and Trend Analysis:
The Algae Oil Market was worth USD 1.28 billion in 2014 and is anticipated to reach approximately USD 1.87 billion by 2023, while registering itself at a compound annual growth rate (CAGR) of 4.35% during the forecast period. The algae oil would be a lucrative investment option as it provides a solution for depleting fossil fuels. The market demand has been increasing in dietary supplement and food & beverage industry by virtue of its expanding use as phycocyanin, proteins, omega-3 fatty acids, antioxidants, and others. The rising requirement of natural products in dietary supplement industry has driven the requirement for plant-based health supplements and is foreseen to push development of the market throughout the following years. It is useful as specialty oil in the food industry attributable to low content of saturated and Trans fats, making it a healthy option.

Competitive Insights:
The major players in the market are Diversified Energy Corporation, Cellana, TerraVia and Algix. The major players in the market are profiled in detail in view of qualities, for example, company portfolio, business strategies, financial overview, recent developments, and share of the overall industry.

Regional Outlook and Trend Analysis:
The U.S. represented the more than 80% of the North America market volume in 2015 by virtue of rising need from the biofuel application section. The innovative usage of harvesting and cultivation technology to give quality algae oil according to the fuel industry requirement is anticipated to positively affect the business over the following years. Request in Asia Pacific was esteemed at over USD 300 million in 2015.

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Grade Outlook and Trend Analysis:
The fuel grade segment was esteemed at USD 779.2 million of every 2015 and is expected to grow significantly amid the following years. The fuel grade was the biggest portion by volume representing over 57% of the worldwide market in 2015. It is used in the manufacturing of biofuel which incorporates jet fuel, gasoline, biodiesel, and others. Different natural advantages of the product incorporate lower less greenhouse gas emissions, lower carbon footprint, and consume carbon dioxide. Consequently, unique evaluations of algae oil are anticipated to witness critical development over the conjecture time frame.

Application Outlook and Trend Analysis:
Animal feed was evaluated as the second biggest application portion representing more than 27% of the worldwide volume in 2015. The existence of micronutrients and proteins as essential elements of animal feed acquired from algae oil is anticipated to boost its demand throughout the following years. Food & beverage application was evaluated at over USD 150 million out of 2015. It can be used as a part of the generation of different kinds of edible oil items.

The Algae Oil Market is segmented as follows-
By Grade: Food Grade, Fuel Grade and Feed Grade

By Application: Animal Feed, Biofuel, Food & Beverage and Dietary Supplement

By Region: North America: (U.S., Canada & Mexico), Europe: (Germany, UK, France, Russia, Italy & Rest of Europe), Asia-Pacific: (China, Japan, South Korea, India, Southeast Asia & Rest of Asia-Pacific), South America: (Brazil, Argentina, Columbia, South Africa & Rest of South America) and Middle East and Africa: (Saudi Arabia, UAE, Egypt, Nigeria, South Africa & Rest of MEA)

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Major ToC of Algae Oil Market:
Chapter 1. Introduction
1.1. Report Description
1.2. Research Methodology
1.2.1. Secondary Research
1.2.2. Primary Research

Chapter 2. Executive Summary
2.1. Key Highlights

Chapter 3. Market Overview
3.1. Introduction
3.1.1. Market Definition
3.1.2. Market Segmentation
3.2. Market Dynamics
3.2.1. Drivers
3.2.1.1. Rising Adoption of Prophylaxis Application
3.2.1.2. Favorable Government Initiatives and Mandates
3.2.2. Restraints
3.2.2.1. Low Adoption Rate of New Products Launched
3.2.3. Opportunities
3.2.3.1. Emerging Markets to Offer Lucrative Growth Opportunities

Chapter 4. Market Analysis by Regions
4.1. North America (United States, Canada and Mexico)
4.1.1. United States Market States and Outlook (2014-2023)
4.1.2. Canada Market States and Outlook (2014-2023)
4.1.3. Mexico Market States and Outlook (2014-2023)
4.2. Europe (Germany, France, UK, Russia, Italy and Rest of Europe)
4.2.1. Germany Market States and Outlook (2014-2023)
4.2.2. France Market States and Outlook (2014-2023)
4.2.3. UK Market States and Outlook (2014-2023)
4.2.4. Russia Market States and Outlook (2014-2023)
4.2.5. Italy Market States and Outlook (2014-2023)
4.2.6. Rest of Europe Market States and Outlook (2014-2023)
4.3. Asia-Pacific (China, Japan, Korea, India, Southeast Asia and Rest of Asia-Pacific)
4.3.1. China Market States and Outlook (2014-2023)
4.3.2. Japan Market States and Outlook (2014-2023)
4.3.3. Korea Market States and Outlook (2014-2023)
4.3.4. India Market States and Outlook (2014-2023)
4.3.5. Rest of Asia-Pacific Market States and Outlook (2014-2023)
4.4. South America (Brazil, Argentina, Columbia and Rest of South America)
4.4.1. Brazil Market States and Outlook (2014-2023)
4.4.2. Argentina Market States and Outlook (2014-2023)
4.4.3. Columbia Market States and Outlook (2014-2023)
4.4.4. Rest of South America Market States and Outlook (2014-2023)
4.5. Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa and Rest of MEA)
4.5.1. Saudi Arabia Market States and Outlook (2014-2023)
4.5.2. UAE Market States and Outlook (2014-2023)
4.5.3. Egypt Market States and Outlook (2014-2023)
4.5.4. Nigeria Market States and Outlook (2014-2023)
4.5.5. South Africa Market States and Outlook (2014-2023)
4.5.6. Rest of MEA Market States and Outlook (2014-2023)

Chapter 5. Algae Oil Market, By Grade
5.1. Introduction
5.2. Global Algae Oil Sales, Revenue and Market Share by Grade (2014-2018)
5.2.1. Global Algae Oil Sales and Sales Share by Grade (2014-2018)
5.2.2. Global Algae Oil Revenue and Revenue Share by Grade (2014-2018)
5.3. Fuel Grade
5.3.1. Global Fuel Grade Sales and Growth Rate (2014-2018)
5.4. Food Grade
5.4.1. Global Food Grade Sales and Growth Rate (2014-2018)
5.5. Feed Grade
5.5.1. Global Feed Grade Sales and Growth Rate (2014-2018)

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