Press release
Global Algae Products Market Is Anticipated To Expand At A CAGR Of 4.8% By 2032-End
Algae are cultivated using both agriculture and aquaculture methods and are incorporated in a variety of end products such as ice cream, cakes, anti-obesity and anti-diabetic agents, toothpaste, aquatic feed ingredients, and moisturisers.
While other products such as agar, alginate, and hydrocolloids are employed as gelling, thickening, suspending, and stabilising agents, nutritional substances such as vitamins, carotenoids, proteins, and fatty acids are isolated as primary and secondary metabolites from algae.
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Key Segments Covered in Algae Products Industry Research
Algae Products Market by Product :
Hydrocolloids
Carotenoids & Pigments
Lutein
Beta Carotene
Lycopene
Astaxanthin
Fucoxanthin
Others
Antioxidants
Lipids
Proteins
Others
Algae Products Market by Form :
Powder Algae Products
Liquid Algae Products
Algae Products Market by Application :
Food & Beverages
Dietary Supplements & Pharmaceuticals
Animal & Aquaculture Feed
Cosmetics & Personal Care
Others
Algae Products Market by Sale Channel :
Direct Sales of Algae Products
Indirect Sales of Algae Products
Store-based Retailing
Hypermarkets/Supermarkets
Pharmaceutical/Drug Stores
Specialty Stores
Others
Online Sales of Algae Products
Algae Products Market by Region :
North America
Latin America
Europe
East Asia
South Asia & Oceania
MEA
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Competitive Landscape
With a significant number of large-scale suppliers commanding a majority of the market share, the global algae products market is fragmented. A majority of businesses are investing heavily in intensive R&D, especially to create environment-friendly products.
Key market players are resorting to acquisitions and product portfolio expansion as primary growth tactics.
Yemoja introduced EPS-Revive, an external polysaccharide sulphate (EPS) topical beauty ingredient produced from a red algae species, as part of a new line of algae-based skincare products, in April 2021. Protein-rich, vitamin-rich, and antioxidant-rich red algae help the skin retain moisture and restore its natural hydration.
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Through this report, reader gets insights and assessments on following aspects:
Latest guidelines in important sectors influencing the overall demand in the Algae Products Market
Detailed profiling of diverse companies operating in this market
Important trends underlining high investments by top shareholders in diverse countries
Shifting consumer preferences and latest trends in key industries
Latest opportunities for investments in diverse technology and product/service types
Varying demand and consumption of diverse product segments
The insights and estimations offered in this report are the output of consistent research by Factmr analysts. The unique approach and effective guidance offered in this report will help stakeholders to comprehend the growth dynamics of the Algae Products Market.
This study offers all-inclusive data on:
Important guidelines and standards implemented by government bodies together with spotlight on potential changes in the post-COVID period
Study of policies in developed as well as developing countries to comprehend what aspects are important in assisting players to bounce back after COVID-19 outbreak
Assessment of size and shares of important product segments
Study of various technologies that are playing key role in fueling the demands in Algae Products Market
Synopsis of present and potential research and development activities by private Algae Products industry player as well as public institutions
Detailed study of the monetary disruptions that are likely to stay for few months following the COVID-19 pandemic in the worldwide locations
Technological advancements and healthcare infrastructures that will assist in comprehending the readiness of government bodies of diverse countries to handle such pandemic situation
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