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Algae market size is estimated to be worth US$ 3676.8 million in 2022 and is forecast to a readjusted size of US$ 4415.9 million by 2028 - Valuates Reports
Fully considering the economic change by this health crisis, Open Ponds Cultivation accounting for % of the Algae global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period.
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While DHA Production (Protein Sales) segment is altered to an % CAGR throughout this forecast period.
What is Algae?
Algae 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. Microalgae include both cyanobacteria, (similar to bacteria, and formerly called "blue-green algae") as well as green, brown and red algae. (There are more varieties of microalgae, but these are the main ones.)
Market Analysis and Insights: Global Algae Market
Algae can be grown using water resources such as brackish-, sea-, and wastewater unsuitable for cultivating agricultural crops. When using wastewater, such as municipal, animal and even some industrial runoff, they can help in its treatment and purification, while benefiting from using the nutrients present.
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Algae market is segmented by Type and by Application. Players, stakeholders, and other participants in the global Algae market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by Type and by Application for the period 2017-2028.
Algae Marke Segment By Type
➣Open Ponds Cultivation
➣Raceway Ponds Cultivation
➣Closed Photo bioreactor Cultivation
➣Closed Fermenter Systems Cultivation
Algae Marke Segment By Application
➣DHA Production (Protein Sales)
➣DHA Production (Pharmaceutical Applications)
➣Bioplastics
➣Other
By Company
➣Algae Tec
➣Pond Biofuels Incorporated
➣LiveFuels
➣Algae Systems
➣Sapphire Energy
➣Solazyme
➣Diversified Energy Corporation
➣Algenol
➣Kai BioEnergy
➣Algix
➣DSM Nutritional Products
➣Dao Energy
➣Phycal
➣Kent BioEnergy Corporation
By Region
➣North America
➣U.S.
➣Canada
➣Europe
➣Germany
➣France
➣U.K.
➣Italy
➣Russia
➣Asia-Pacific
➣China
➣Japan
➣South Korea
➣India
➣Australia
➣Taiwan
➣Indonesia
➣Thailand
➣Malaysia
➣Philippines
➣Vietnam
➣Latin America
➣Mexico
➣Brazil
➣Argentina
➣Middle East & Africa
➣Turkey
➣Saudi Arabia
➣U.A.E
Similar Report-
➣Algae Products Market- https://reports.valuates.com/market-reports/ALLI-Auto-4F298/algae-products
➣Algae Supplements Market- https://reports.valuates.com/market-reports/QYRE-Auto-9W9744/global-algae-supplements
➣Algae Protein Market- https://reports.valuates.com/market-reports/QYRE-Auto-1B7337/global-algae-protein
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