openPR Logo
Press release

Algae Supplements Market to Witness Elevated Growth during the Assessment Period, 2019-2027 | Key Players are Doctor's Best Inc., Chlorella Supply Co. Ltd., etc.

07-23-2019 09:55 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Fact.MR

Algae Supplements Market to Witness Elevated Growth during

In order to dissert the market scenario prevailing across the algae supplements market sector, Fact.MR has evenly presented a comprehensive analysis report on algae supplements market to its extensive online repository. With all vital market facets enclosed into this single assessment, readers can learn about different market drivers, opportunities and trends which are likely to influence the overall market space for the algae supplements market in the coming years. In addition, factors such as market size, Y-o-Y growth and revenue share are investigated so as to make this research highly authentic and reliable.

Request for a Free Sample Report of Concerned Market - https://www.factmr.com/connectus/sample?flag=S&rep_id=2546

In Brief:

The algae supplements market reflected growth at a CAGR of over 5% during the period, 2013 to 2018. Gains in the algae supplements industry are primarily driven by the changing dietary patters of consumers and the upward trend of health & wellness.
Revenues from the algae supplements market surpassed US$ 800 Mn in 2018 and is further projected to exhibit a Y-O-Y growth of over 6% in 2019.
North America has remained a lucrative market for algae supplements, underpinned in part by the burgeoning demand for algae-based products in the region.
APEJ is likely to emerge as a high-growth market for algae supplements, upheld by evolving consumer lifestyles and changing dietary patterns across emerging economies in the region.
What are the Key Growth Drivers of Algae Supplements Market?

Algae supplement sales have been significantly driven by the increasing consumer demand for plant-based nutrition sources.
Soaring demand for macro- & micro-algal foods, on account of their functional benefits that extend beyond conventional considerations of health and nutrition, is predominantly fuelling investments in algae supplements development and production.
Evidently a natural source of proteins and antioxidants, algae supplements continue to gain popularity in line with demand for plant-based lipids and proteins, along with growing technological advances in algae production and harvesting.
Anti-aging effects, and better maintenance of digestive tract, are some of the key benefits of the algae supplements fuelling their adoption among consumers worldwide.
Millennials have enhanced access to health-related information and are increasingly opting for a broader set of health & wellness solutions, including the non-conventional products. This, in turn, is creating favorable circumstances for large-scale adoption of algae supplements.
Algae Supplements Market – Competitive Landscape

In 2018, Nature’s Way signed a definitive agreement with Natural Products Canada, to collectively tap opportunities in Canada for sales of innovative, natural health-benefitting products. This partnership is aimed at meeting consumer demand for natural products, a category that is witnessing robust demand in the region. These two companies will invest in the pre-mature Canadian companies offering natural products, including nutritional supplements, dietary ingredients, and functional foods.
In 2016, Parry Nutraceuticals, a division of the E.I.D. - Parry (India) Limited, received the approval from US FDA for its India-based facility for microalgae cultivation & processing. Parry Nutraceuticals also confirmed that it is raising the bar of its product development efforts with an objective of meeting the consumer demand for value-added microalgae-based products.
In 2018, AlgaEnergy- a leading player in the algae supplements market and Yokogawa Electric Corporation made an official announcement of a strategic partnership and equity participation agreement among the parties. The strategic agreement encompasses an investment of approximately 10 million euro by Yokogawa, with an objective to acquire the newly issued shares of AlgaEnergy, thereby making the company a reference shareholder.
Koninklijke DSM N.V.

Founded in 1902, Koninklijke DSM N.V. is based in Heerlen, Netherlands. The company offers multiple products in the fields of nutrition, materials, and health and ranks among one of the leading purpose-led company in the field of animal & human nutrition.

Doctor's Best

Founded in 1990, Doctor's Best, Inc. is based in Irvine, California. The company offers a wide-range of products in the dietary and nutritional supplements segment. With an offering of over 200 products, the company manufactures and distributes its products in the US and overseas. Key players operating in the algae supplements market, as profiled in the report, include Fuqing King Dnarmsa Spirulina Co.,Ltd., DIC Corporation, Vitamin Discount Center, Herbal Terra, LLC, Algae Health Science, Kent BioEnergy Corporation, Algae Health Science, Holistic Herbal Solutions, LLC Pharmavite LLC, Taau Australia Pty Ltd., TerraVia Holdings, Inc., Nutress B.V., and others.

Ask Industry Experts about this Report - https://www.factmr.com/connectus/sample?flag=AE&rep_id=2546

Contact Us

FactMR
11140 Rockville Pike
Suite 400, Rockville, MD 20852
United States
Email: sales@factmr.com
Web: https://www.factmr.com/

About FactMR

FactMR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.

This release was published on openPR.

Permanent link to this press release:

Copy
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 Supplements Market to Witness Elevated Growth during the Assessment Period, 2019-2027 | Key Players are Doctor's Best Inc., Chlorella Supply Co. Ltd., etc. here

News-ID: 1809145 • Views: 136

More Releases from Fact.MR

11-19-2019 | Health & Medicine
Fact.MR
Advances in Artificial Insemination to Play Substantial Role in Increasing Oppor …
Animal genetics is a branch in the field of genetics that are primarily involved with the study of gene variation for wild and domestic animals, which includes aspects such as animal breeding, gene expression, and physical genetic traits. Activities in the field involve genetic disease traiting, DNA testing, and genetic trait testing among others. The global animal genetics market is projected to grow at a strong CAGR of over 6 per
Ready Meal Trays’ Myriad Applications and Recyclability Spearheading the Food …
The ready meal trays market continues to showcase stunning prospects, with overall incremental opportunity of over US$ 1.7 Billion by 2027 from 2019, according to a recent Fact.MR study. Growth in consumption of packaged food products across both developed as well as developing countries is anticipated to increase the demand for ready meal trays during the forecast period. Ready meal trays are increasingly used by food processors and fast service
Automation Making Significant Strides in the Container Handling Equipment Market …
According to a new Fact.MR study, the global market for container handling equipment is expected to increase at a value CAGR of 4.2% over the forecast period, to reach a market size of USD 2,316.6 Mn by 2029 from a calculated USD 1,541.2 Mn in 2019. The report provides potential takeaways that prove to be significantly useful for other market entrants in the container handling equipment market and evaluates trends
The Use of Automotive Actuators in Industrial Control Systems Will Bolster the A …
Fact.MR has recently published a report on the automotive actuators market. According to the report, in terms of revenue, the global automotive actuators market is estimated to expand at a CAGR of ~ 6.2% by value and ~ 5.2% by volume over the forecast period. Since the sales of automotive actuators is related to automotive production and vehicle parc, the increasing automotive production and vehicle parc across the globe is

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
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