Algae Products Market 2018 : In Detailed Analysis of Size, Segments, Key Players, Growth and Forecast 2025
Upsurge in algae products market owing to a rise in global population coupled with an increase in consumption of food is expected to boost the algae products market during the forecast period. In addition, increase in demand for healthy food products is expected to boost the demand for nutritional food additive. This drives the growth of the algae products market. In addition, growth in demand for aquaculture feed used for fish breeding, integrated with increase in demand in omega3 fatty acid are the factors expected to boost the growth of the algae products market during the forecast period. However, consumption of pharmaceutical products such as astaxanthin manufactured using algae causes a decline in calcium level and blood pressure. This is expected to limit the algae products market growth. However, government initiatives to lower the carbon footprint by promoting a various alternative source of energy such as algae-based biofuel is expected to fuel the growth of the algae products market during the forecast period. In addition, technological advancements for reducing the cost of biofuels manufactured using algae as a raw material coupled with the byproduct of the process that can be used as stimulator or fertilizer for soil and as a feedstock for animal increases the feasibility of the process, which further would boost the algae products industry growth during the forecast period.
Download Request Sample Copy: https://www.alliedmarketresearch.com/request-sample/5074
The global algae products market is classified based on application into food & beverages, nutraceuticals & dietary supplements, personal care, chemicals, feed, and pharmaceuticals. The food & beverage segment dominated the market with the largest share in 2017, and is expected to exhibit significant growth during the forecast period. Algae is a rich source of essential protein, bioactive pigments with medicinal potential, and fatty acids. This essential constituent of algae is required for the production of various food & beverages such as cake, pasta, confectionery products, and others. Moreover, some the species of algae are used as pigments to provide textured to food products and nutritional additive to increase the quality of food products. These are the factors that attribute toward the growth in food & beverage application of algae during the forecast period.
In addition, rise in global food demand and decrease in cultivable land available for food production attract various manufactures to shift their preference to algae-based products, which help propel the algae products market growth. Furthermore, initiative by various developing and developed countries at Paris Agreement to reduce the global carbon footprint by using renewable source of energy such as algae-based biofuel, is expected to further drive the growth of the algae products market.
Flat 20% Discount on https://www.alliedmarketresearch.com/checkout/765370 (Offer Valid Till 20th April 2019)
Key Findings of the Algae Products Market:
• The food & beverage segment was the highest contributor to the global algae products market in 2017 and is projected to grow at a CAGR of 4.1%.
• By type, the hydrocolloids segment accounted for 49.2% of algae product market share market and is expected to grow at a CAGR of 3.8%.
• Asia-Pacific is projected to grow at a CAGR of 6.2% from 2018 to 2025, owing to rise in population coupled with increase in food demand.
• In 2017, green algae segment is expected to grow at the highest CAGR of 6.0% from 2018 to 2025.
In terms of value, Asia-Pacific and LAMEA collectively contributed 34.0% of global algae product market share in 2017. The key players of algae products industry profiled in this report include euglena Co., Ltd., Algae Systems LLC., Cyanotech Corporation, Cargill, Incorporated, Algenol Biofuels Inc., BIOPROCESS ALGAE, LLC, Corbion, Algatechnologies, Cellana Inc., and Earthrise Nutritional.
For Purchase Enquiry: https://www.alliedmarketresearch.com/purchase-enquiry/5074
Allied Market Research, a market research and advisory company of Allied Analytics LLP, provides business insights and market research reports to large as well as small & medium enterprises. The company assists its clients to strategize business policies and achieve sustainable growth in their respective market domain.
Allied Market Research provides one stop solution from the beginning of data collection to investment advice. The analysts at Allied Market Research dig out factors that help clients to understand the significance and impact of market dynamics. The company amplies client’s insight on the factors, such as strategies, future estimations, growth or fall forecasting, opportunity analysis, and consumer surveys among others. As follows, the company offers consistent business intelligent support to aid the clients to turn into prominent business firm.
5933 NE Win Sivers Drive
#205, Portland, OR 97220
Toll Free (USA/Canada):
+1-800-792-5285, +1-503-894-6022, +1-503-446-1141
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Algae Products Market 2018 : In Detailed Analysis of Size, Segments, Key Players, Growth and Forecast 2025 here
News-ID: 1691717 • Views: 368
More Releases from Allied Market Research
North America Geogrid Market 2020 Segmentation, Demand, Growth, Trend, Opportuni …
According to the report published by Allied Market Research, the North America geogrid market generated $282.0 million in 2019, and is estimated to reach $408.25 million by 2027, registering a CAGR of 7.0% from 2020 to 2027. The report offers an extensive analysis of changing market dynamics, key winning strategies, business performance, major segments, and competitive scenarios. Surge in infrastructure development activities across the U.S. and Mexico and superior physical properties
Intravenous Immunoglobulin (IVIG) Market 2020 In-Depth Analysis of Industry Shar …
Global intravenous immunoglobulin market accounted for $8,995 million in 2017, and is projected to reach $15,964 million by 2025, registering a CAGR of 7.5% from 2018 to 2025. Immunoglobulin (Ig) is a plasma-derived product, which is obtained from the serum of healthy donors. The isolated plasma product is clinically treated and purified to Ig, which can be further used in the treatment of patients with antibody deficiency. Intravenous immunoglobulin (IVIG) finds
Asthma and COPD Drugs Market Is Expected to Witness a Steady Growth by 2026
"Asthma and COPD Drugs Market by Disease and Medication Class - Global Opportunity Analysis and Industry Forecasts, 2014-2022", projects that the global market for Asthma and COPD Drugs was valued at $38,960 million in 2015 and would reach $50,359 million by 2022, registering a CAGR of 3.7% from 2016 to 2022. Asthma segment dominated the market in 2015 and expected to continue its dominance throughout the forecast period. North America
Synthetic Biology Market in Global Industry by Top Companies, Type and Applicati …
Global Synthetic biology market is forecast to reach $38.7 billion by 2020, at a CAGR of 44.2% during the forecast period (2014 - 2020). Europe occupies largest share in the global market and would hold-on to its position throughout 2020. However, Asia Pacific is the fastest growing market with a CAGR of 46.4% from 2014 - 2020. Read Full Report @ https://www.alliedmarketresearch.com/synthetic-biology-market Synthetic biology is at a nascent stage and has recently
More Releases for Algae
Algae Market Revenue Analysis By Top Key Players Algaetech International, Aurora …
Algae is a diverse group of organisms ranging from unicellular to multicellular. The complex and largest marine algae are called seaweeds. The algae consist of chloroplast, which is similar to cyanobacteria in structure. Algae has its wide application in agar, alginates, fertilizer, energy source, nutrition, pigments, and bioremediation. Algae has wide range of usage in terms of pollution control. It is used as an alternative for toxic chemicals to treat
Algae Products Market Develop business strategies
MarketResearchReports.Biz adds “Global Algae Products Market Share, Size, Trends and Forecast Market Research Report” reports to its database. This report provides a strategic analysis of the Algae Products and the growth estimates for the forecasted period. "Algae products are simple plants that can range from the microscopic (microalgae), to large seaweeds (macroalgae), such as giant kelp more than one hundred feet in length. Algae products can be grown using water resources such
Markets for Algae Butter by 2017 – 2025
Global Algae Butter Market: Overview Algae are range from microalgae to macro algae and can be grown anywhere in water resources such as sea, brackish, and wastewater that is unsuitable for cultivating agricultural crops. Algae has various applications in various forms such as algae butter, algae oil, algae bio fuel, etc. Algae butter is a non-hydrogenated, palm-free, vegan solution for the bakery, confectionery and spreads applications. The algae butter is being
Innovation to Drive Algae Oil Market 2024
Some of the major players identified across the value chain of global algae oil market include Lonza Group Ltd, Cellana, Inc., Royal DSM, Hubei Fuxing Biotechnology, Rishon International Group, Cargill Alking Bioengineering, Runke Biological Engineering Company etc. The companies are emphasizing on research & development and product development in order to gain market share in the competitive market. Manufacturers are launching product friendly products, suitable for powder and beverage applications.
DHA from Algae Market Report 2017
DHA, Docosahexaenoic acid, with molecular formula C22H32O2, is a primary structural component of the human brain, cerebral cortex, skin, sperm, testicles and retina. DHA can help lowering lipid, lowering blood pressure, anti-inflammatory, enhancing the activity of brain cells, improving eyesight and other effects. DHA is a kind of both Omega-3 essential fatty acids, which is rich in fish oil and microalgae. Download Sample Report @ https://marketreportscenter.com/request-sample/513830 Scope of the Report: This report focuses
Global Phycocyanin Market 2017- DIC,Japan Algae
Global Phycocyanin Market 2017 Research Report offers a complete and in-depth analysis of the growth rate of the Phycocyanin industry. In the first section, Phycocyanin Market report presents the overview of Phycocyanin industry which includes definitions, classifications, applications and Phycocyanin industry chain structure. Global Phycocyanin Market further includes Phycocyanin development history, competitive analysis of Phycocyanin industry. Top leading Manufacturers Analysis of Phycocyanin:- 1 DIC 2 Japan Algae 3 Parry Nutraceuticals 4 Ozone Naturals 5 EcoFuel Laboratories 6 Nan