openPR Logo
Press release

Algae Products Market Expected to Reach $3,451 Million by 2025 | Leading Key Players Algae Systems, Cyanotech Corporation, Cargill, Incorporated, Algenol Biofuels

04-18-2019 06:52 AM CET | Health & Medicine

Press release from: Allied Market Research

Algae Products Market

Algae Products Market

Algae Products Market is expected to generate $3,451 million by 2025, growing at a CAGR of 4.2% from 2018 to 2025. In 2017, the food & beverage segment led the algae products market segment, followed by personal care. Growth in this segment is supplemented by rise in global population, increase in awareness of healthy food products, and shortage of protein a main nutrient in the food product.

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:

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.

For Purchase Enquiry:

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.

Flat 20% Discount on (Offer Valid Till 20th April 2019)

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.

David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
Toll Free (USA/Canada):
+1-800-792-5285, +1-503-894-6022, +1-503-446-1141
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1⟨855⟩550-5975

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 Expected to Reach $3,451 Million by 2025 | Leading Key Players Algae Systems, Cyanotech Corporation, Cargill, Incorporated, Algenol Biofuels here

News-ID: 1708122 • Views: 466

More Releases from Allied Market Research

Neuropeptide Y Receptor Market to Obtain Awesome Hike in Revenues
Global Neuropeptide Y Receptor Market report it provides a vital recent industry data which covers in general market situation along with future scenario for industry around the Globe. It also consists of major data along with forecasts of a global market along with clear presentation of diagrams (charts and tables). According to a new report published by Allied Market Research, titled, “Neuropeptide Y Receptor Market by Product (Food Grade and Pharmaceutical
Infused Dried Fruits Market Size is Set for Rapid Growth and Industry Trend by 2 …
Infused dried fruits are infused with fruit sugar solution through osmotic pressure and dried at 60°C temperature. These fruits have low calories and have low added sugar. The infused dried fruit companies have to follow standards like HACCP, BRC, IFS, and ISO22000. The infused dried fruits are vegan products that have high vitamin C, and are gluten and GMO-free. These products are also suitable for diabetics because they do not
Plant-based Food Market Growing Demand, Production Scope and Revenue 2020 to 202 …
Plant-based food refers to the food products derived from plant sources, which include fruits, vegetables, whole grains, tofu, seeds, beans, lentils, and soy. Unlike a few years ago, plant-based foods are now available conveniently in most grocery stores. The plant-based foods niche market has grown into a completely mainstream industry, since the dominant meat consumers are have shifted their preference toward plant-based meat and dairy alternatives. Download Sample Report with
Cocoa Butter Market Analysis, Trends, Top Manufacturers, Share, Growth, Statisti …
Cocoa butter is a pale-yellow, edible vegetable fat, which is obtained from cocoa beans. This butter consists of diversified fatty acids such as stearic acid, arachidic acid, palmitic acid, myristic acid, and lauric acid. Cocoa butter serves as a key ingredient in making chocolate and confectionery products, as it is soft in texture and contains exotic flavor and aroma. Moreover, it is used in personal care products such as skin

All 5 Releases

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
Algae Biofuel – Global Market Outlook (2016-2022)
The report on global Algae Biofuel market portrays comprehensive information and conducts a complete study to provide latest market updates and information about present and forecast market scenario. The changes taking place in Algae Biofuel are elaborated in this report to help readers in making vital business decisions. The Algae Biofuel industry details are provided in the form of graphs, pie-charts to help the emerging and existing market players, buyers,
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 @ 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