Press release
Global Algae Products Market Forecasting CAGR of 5.3% From 2018 to 2025. By Source, Type, Application, End User Key Market Competitors: BASF SE, Dowdupont, Cyanotech Corporation, Cargill, Stärke GmbH, Sms Corporation Co. Ltd, Global Bio-Chem Technology
Global Algae Products Market report can be utilized efficiently by both established and new players in the Food & Beverage industry for absolute understanding of the market. An algae is a group of organism having potential of performing photosynthesis process. It helps to convert carbon dioxide into protein and fat in the presence of sunlight. It is utilised as food and fuel by the plant. Algae are commonly used in algae products comprising seaweed, kelp and chlorella. Algae products have high protein and contain essential amino acid, which helps in boosting human metabolic process like enzyme production. It also has high content of omega 3 and 6 acids.Algae Products have wide application in pharmaceutical, food supplement manufacturers and nutraceuticals industry. According to ACS Chemical Neuroscience, in 2016, the U.S., global pharmaceutical industry was stated to be USD 446 Billion alone.The report identifies the most recent improvements, market share, and systems applied by the significant market. As per Statista, the pharmaceutical sector will grow by 160% between 2017 and 2030 and by 232% in India which will be known to be the biggest growth. Thus, it shows the pharmaceutical industry is growing and will derive the demand of algae products.
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The global algae products market is expected to reach USD 5.60 billion by 2025, from USD 3.72 billion in 2017 growing at a CAGR of 5.3% during the forecast period of 2018 to 2025. The upcoming market report contains data for historic year is 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.
Global Algae Products Market
By Type,
Source ,
Form ,
Application,
Geography
Potential of the report:
• To gain information about the top players in this industry, their product portfolios, and their key strategies.
• Key parameters which are driving this market and restraining its growth
• What all challenges manufacturers will face as well as new opportunities and threats faced by them.
• Learn about the market strategies that are being adopted by your competitors and leading organizations
• Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.
Key Market Competitors:
The key players operating in the global algae products market are –
• BASF SE
• Dowdupont
• Cyanotech Corporation
• Cargill
The other players in the market are Stärke GmbH, Sms Corporation Co. Ltd, Global Bio-Chem Technology Group Company Limited, SPAC STARCH PRODUCTS (INDIA) LTD., Qingdao Cbh Co., Ltd., Beneo-Remy N.V., China Essence Group Ltd, Samyang Genex Corp, Ulrick & Short Ltd., Grain Processing Corporation, Roquette Frères, Siam Modified Starch Co. Ltd., Algatechnologies, CP Kelco and other.
Table of Contents
Major Topics Covered:
1. Introduction
2. Market Segmentation
3. Executive Summary
4. Market Overview
5. Premium Insights
6. Global Algae Products Market: Regulatory Scenario
7. Global Algae Products Market, By Type
8. Global Algae Products Market, By Source
9. Global Algae Products Market, By Form
10 Global Algae Products Market, By Application
11. Global Algae Products Market, By Geography
12. Global Algae Products Market, Company Landscape
13. Company Profiles
14. Related Reports
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Market Segmentation:
By Type
• Lipids
• Carrageenan
• Carotenoids
• Algal Protein
• Alginate
• Others
By Source
• Brown Algae
• Blue-Green Algae
• Red Algae
• Green Algae
• Others
By Form
• Solid
• Liquid
By Application
• Food & Beverages
• Nutraceuticals & Dietary Supplements
• Feed
• Personal Care Products
• Pharmaceuticals
• Others
By Geography
• North America
o U.S.
o Canada,
o Mexico
• Europe
o Germany
o France
o United Kingdom
o Italy
o Spain
o Russia
o Turkey
o Belgium
o Netherlands
o Switzerland
o Rest of Europe
• Asia-Pacific
o Japan
o China
o South Korea
o India
o Australia
o Singapore
o Thailand
o Malaysia
o Indonesia
o Philippines
o Rest of Asia Pacific
• South America
o Brazil
o Rest of South America
• Middle East & Africa
o South Africa
o Rest of MEA
Competitive Landscape:
The global algae products market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of Algae Products market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa.
In, July, 2013, BASF SE and National Prawn Company (Saudi Arabia) had signed an agreement on collaboration in the field of algae technology.
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About Us:
Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process.
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