Press release
Global Algae Products Market (2025) Developement by Strong Major Eminent Key Players: BASF SE,Dowdupont, Cyanotech Corporation, Cargill, Stärke GmbH, Sms Corporation Co. Ltd, Global Bio-Chem Technology Group Company Limited
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 By key players like BASF SE ,Dowdupont, Cyanotech Corporation, Cargill, Stärke GmbH, Sms Corporation Co. Ltd etc.Global Algae Products Market By Type, Source , Form , Application ,Geography (North America, South America, Europe, Asia-Pacific, Middle East And Africa) – Industry Trends and Forecast to 2025
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Market Definition: Global Algae Products 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.
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.
Market drivers:
• Raising consumer awareness regarding health benefits of algae-based products
• Alternate food source and food ingredient
• Growing multi industry coverage
Market restraint:
• Advanced high impact of climate condition on algae production
• High cost of processing
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.
Key Insights in the report:
Historical and current market size and projection up to 2025.
Market trends impacting the growth of the global algae products market.
Analyze and forecast algae products market on the basis of type, source, form and application.
Trends of key regional and country-level markets for type, source, form and application.
Company profiling of key players which includes business operations, product and services, geographic presence, recent developments and key financial analysis.
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
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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.
Contact Us:
Data Bridge Market Research
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Email: sopan.gedam@databridgemarketresearch.com
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