Press release
Algae Ingredients Market Overview, Sales Price, Capacity and Growth Rate Analysis 2018-2025
In terms of consumption side, this report focuses on the consumption of Algae Ingredients by regions and application. The key regions like North America, Europe, Asia-Pacific, Central & South America, Middle East and Africa etc. Algae ingredients refer to substance components extracted from algae.
Algae are generally used in the food industry due to its wide range of different functional ingredients. Algae are rich in essential oils such as omega 3 fatty acids and PUFA which is mainly used in pharmaceutical and health food products. The major drivers for the market are the increased potential applications in food, cheaper source of raw material for industrial production, increased demand of Omega3 fatty acids, sustainable source of production and environmental concerns. The advancement in biotechnology and other feasible extraction technologies has created a good opportunity for the market. North America holds the largest share in the market followed by Europe and Asia-Pacific. However, the new emerging markets of Asia-Pacific such as China, Japan and India are growing at a faster rate.
The Algae Ingredients market was valued at xx Million US$ in 2017 and is projected to reach xx Million US$ by 2025, at a CAGR of xx% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Algae Ingredients.
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This report includes the following manufacturers; we can also add the other companies as you want.
ADM
DSM
DIC
BASF
Cargill
DuPont
Cyanotech
Roquette
Fuji Chemicals
FMC
Omega Protein
TerraVia
Algavia
Algae Tech
Market Segment by Product Type
Dried Algae
Omega 3 Fatty Acids and PUFA
Carageenan
Alginate
Agar
β-Carotene
Others
Market Segment by Application
Food
Pharmaceuticals
Animal Nutrition
Cosmetics
Key Regions split in this report:
North America
Asia-Pacific
Europe
Central & South America
Middle East & Africa
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