Algae Products Market Forecasts From 2019 to 2027 Published by Leading Research Firm - Algatechnologies Ltd., BASF SE, Cargill, Incorporated., Corbion nv, CP Kelco

Algae are base of the aquatic food chain and major supplement of food and energy in the modern food industry. Marine algae are a rich source of minerals, vitamins, and proteins and hence also considered as superfoods. Spirulina is an example of algae widely used as food and nutritional supplement in human and animals. They are known to boost the immune system, lowering cholesterol, and improving memory. Algae are rich in antioxidants and carotenoids and hence are extremely useful in pharmaceutical and cosmetics. Chlorella is known to treat ulcers and prevent constipation. Algae are manufactured into powder, tablets, and liquids. In addition, algae can have high biofuel yields and are being researched to replace fossil fuel.

The "Global Algae Products Market Analysis to 2027" is a specialized and in-depth study of the food and beverages industry with a special focus on the global market trend analysis. The report aims to provide an overview of algae products market with detailed market segmentation by source, type, form, application, and geography. The global algae products market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading algae products market players and offers key trends and opportunities in the market.

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TOP COMPANIES

• Algatechnologies Ltd.
• BASF SE
• Cargill, Incorporated.
• Corbion nv
• CP Kelco (J.M. Huber- Corporation)
• Cyanotech Corporation.
• DSM Nutritional Products AG
• E.I.D. Parry Limited
• Ingredion Incorporated
• Kerry Inc.

MARKET SEGMENTATION

The global algae products market is segmented on the basis of source, type, form, and application. The market by source, is segmented as brown algae, blue-green algae, red algae, green algae, and others. Based on type, the market is segmented as lipids, carrageenan, carotenoids, alginate, algal protein, and others. By form, the market is segmented as solid and liquid. On the basis of the application the market is segmented as food & beverages, nutraceuticals & dietary supplements, personal care products, feed, pharmaceuticals, and others.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global algae products market based on various segments. It also provides market size and forecast estimates from the year 2017 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The algae products market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting algae products market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South & Central America after evaluating political, economic, social and technological factors affecting the algae products market in these regions.

MARKET PLAYERS

The reports cover key developments in the algae products market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market payers from algae products market are anticipated to lucrative growth opportunities in the future with the rising demand for algae products in the global market. Below mentioned is the list of few companies engaged in the algae products market.

The report also includes the profiles of key algae products companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of the last three years, key developments in the past five years.

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This release was published on openPR.