Press release
Microalgae Market by Top Manufacturers – E.I.D.- Parry (India) Limited, Taau Australia Pvt. Ltd., Cyanotech Corporation, Algae.Tec Limited, DIC Corporation, Cellana LLC, Fuqing King Dnarmsa Spirulina Co. Ltd.
Microalgae
Industry Outlook
Microalgae are also known as microphytes are microscopic algae found in marine systems & fresh water. Microalgae are unicellular species found individually on in groups. Microalgae vary in size from some few micrometers to few hundred micrometers.
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Microalgae are rich source of fiber, proteins, enzymes & carbohydrates which makes them food source. Biomass produced from Microalgae is used in many nutritional supplements, in the form of liquids, tablets & capsules. Microalgae are also used as natural food color in food stuffs like pasta, snacks or drinks. Scientific & technical advancements related to production & extraction. Therefore, the Microalgae Market is anticipated to expand and has tremendous scope during the forecast period. The global Microalgae Market anticipated to flourish in the future by growing at a significantly higher CAGR.
Market Segmentation
The global Microalgae Market is based on segment, by Product Type the market is segmented into Dunaliella Salina, Spirulina and Chlorella, by Application the market is segmented into Pharmaceutical Industry, Cosmetics Industry, Food and Feed Industry, Chemical Industry and Other Industrial Applications, and by Distribution Channel the market is segmented into Online Sales, Hyper Market/Super Market and Retail Stores.
Regional Insights
On a global front, the Microalgae Market covers North America (United States, Canada and 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, Rest of South America) and Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA). North American region is dominating the Microalgae Market owing to the technical strength related to extraction & harvesting of microalgae.
Competitive Analysis
The leading players in the market are E.I.D.- Parry (India) Limited, Taau Australia Pvt. Ltd., Cyanotech Corporation, Algae.Tec Limited, DIC Corporation, Cellana LLC, Fuqing King Dnarmsa Spirulina Co. Ltd. and TerraVia Holdings Inc. 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 market share of the overall industry.
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Table of Contents:
1. Introduction
1.1. Report Description
2. Executive Summary
2.1. Key Highlights
3. Market Overview
3.1. Introduction
3.1.1. Market Definition
3.1.2. Market Segmentation
3.2. Market Dynamics
3.2.1. Drivers
3.2.2. Restraints
3.2.3. Opportunities
4. Market Analysis by Regions
4.1. North America (United States, Canada and Mexico)
4.1.1. United States Market Status and Outlook (2014-2025)
4.1.2. Canada Market Status and Outlook (2014-2025)
4.1.3. Mexico Market Status and Outlook (2014-2025)
4.2. Europe (Germany, France, UK, Russia, Italy and Rest of Europe)
4.2.1. Germany Market Status and Outlook (2014-2025)
4.2.2. France Market Status and Outlook (2014-2025)
4.2.3. UK Market Status and Outlook (2014-2025)
4.2.4. Russia Market Status and Outlook (2014-2025)
4.2.5. Italy Market Status and Outlook (2014-2025)
4.2.6. Rest of Europe Market Status and Outlook (2014-2025)
4.3. Asia-Pacific (China, Japan, Korea, India, Southeast Asia and Rest of Asia-Pacific)
4.3.1. China Market Status and Outlook (2014-2025)
4.3.2. Japan Market Status and Outlook (2014-2025)
4.3.3. Korea Market Status and Outlook (2014-2025)
4.3.4. India Market Status and Outlook (2014-2025)
4.3.5. Southeast Asia Market Status and Outlook (2014-2025)
4.3.6. Rest of Asia-Pacific Market Status and Outlook (2014-2025)
4.4. South America (Brazil, Argentina, Columbia and Rest of South America)
4.4.1. Brazil Market Status and Outlook (2014-2025)
4.4.2. Argentina Market Status and Outlook (2014-2025)
4.4.3. Columbia Market Status and Outlook (2014-2025)
4.4.4. Rest of South America Market Status and Outlook (2014-2025)
4.5. Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa and Rest of MEA)
4.5.1. Saudi Arabia Market Status and Outlook (2014-2025)
4.5.2. United Arab Emirates Market Status and Outlook (2014-2025)
4.5.3. Egypt Market Status and Outlook (2014-2025)
4.5.4. Nigeria Market Status and Outlook (2014-2025)
4.5.5. South Africa Market Status and Outlook (2014-2025)
4.5.6. Turkey Market Status and Outlook (2014-2025)
4.5.7. Rest of Middle East and Africa Market Status and Outlook (2014-2025)
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Microalgae Market
The global Microalgae market was valued at US$ 2597 million in 2020 and is expected to reach US$ 3867.3 million by the end of 2027, growing at a CAGR of 5.8% during 2021-2027.
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Microalgae Market Share
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