Press release
๐๐ฅ๐ ๐๐ ๐๐ข๐ฅ ๐๐๐ซ๐ค๐๐ญ to Reach US$ 2.40 Billion by 2027 | Industry CAGR of 4.32%
According to IMARC Group's latest report "๐๐ฅ๐ ๐๐ ๐๐ข๐ฅ ๐๐๐ซ๐ค๐๐ญ: ๐๐ฅ๐จ๐๐๐ฅ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐๐ซ๐๐ง๐๐ฌ, ๐๐ก๐๐ซ๐, ๐๐ข๐ณ๐, ๐๐ซ๐จ๐ฐ๐ญ๐ก, ๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ฒ ๐๐ง๐ ๐ ๐จ๐ซ๐๐๐๐ฌ๐ญ ๐๐๐๐-๐๐๐๐,"ย the global algae oil market reached a value of US$ 1.86 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 2.40 Billion by 2027, exhibiting at a CAGR of 4.32% during 2022-2027.Algae oil refers to an animal-free source of omega-3 fatty acids, which involves eicosapentaenoic acid (EPA) and docosahexaenoic acid (DHA). It aids in lowering cholesterol, minimizing inflammation, reducing the risk of stroke, promoting vision among individuals with retinitis pigmentosa, etc. As algae oil contains high amounts of minerals and vitamins, it is used, along with other fatty acids, for fortifying baby and infant formulas. It is also utilized as a stabilizing agent in the production of pet food, ice creams, and other food supplements.
๐๐จ๐ญ๐: ๐๐ ๐๐ซ๐ ๐๐จ๐ง๐ฌ๐ญ๐๐ง๐ญ๐ฅ๐ฒ ๐ญ๐ซ๐๐๐ข๐ง๐ ๐๐ง๐ ๐๐ฌ๐ฌ๐๐ฌ๐ฌ๐ข๐ง๐ ๐ญ๐ก๐ ๐ข๐ฆ๐ฉ๐๐๐ญ ๐จ๐ ๐ญ๐ก๐ ๐๐๐๐๐-๐๐ ๐ฉ๐๐ง๐๐๐ฆ๐ข๐ ๐จ๐ง ๐ญ๐ก๐ ๐ข๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ. ๐๐ก๐๐ฌ๐ ๐ข๐ง๐๐ฅ๐ฎ๐๐ง๐๐๐ฌ ๐ก๐๐ฏ๐ ๐๐๐๐ง ๐๐จ๐ฏ๐๐ซ๐๐ ๐ข๐ง ๐จ๐ฎ๐ซ ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐๐ฌ ๐ฌ๐ข๐ ๐ง๐ข๐๐ข๐๐๐ง๐ญ ๐ฆ๐๐ซ๐ค๐๐ญ ๐๐จ๐ง๐ญ๐ซ๐ข๐๐ฎ๐ญ๐จ๐ซ๐ฌ.
๐๐จ๐ฐ๐ง๐ฅ๐จ๐๐ ๐ ๐๐ซ๐๐ ๐ฌ๐๐ฆ๐ฉ๐ฅ๐ ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐ญ๐จ ๐ ๐๐ญ ๐ ๐๐๐ญ๐๐ข๐ฅ๐๐ ๐จ๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐ ๐จ๐ ๐ญ๐ก๐ ๐ซ๐๐ฉ๐จ๐ซ๐ญ: https://www.imarcgroup.com/algae-oil-market/requestsample
๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐๐ง๐๐ฌ ๐๐ง๐ ๐๐ซ๐ข๐ฏ๐๐ซ๐ฌ:
The rising consumer awareness towards the benefits of omega-3 fatty acids, including minimizing the risk of cardiovascular diseases (CVDs) and encouraging low triglyceride levels, is primarily augmenting the algae oil market. Furthermore, the escalating demand for a vegetarian-based diet is positively influencing the global market. Apart from this, numerous leading manufacturers are offering juices, milk, yogurts, cooking oils, nutrition bars, salad dressings, marinades, and other products fortified with algae oil, which is acting as another significant growth-inducing factor. Moreover, the widespread adoption of algae oil in the pharmaceuticals sector to manufacture DHA-based capsules is further catalyzing the global market. Besides this, the growing prevalence of macular degeneration, which is an age-related vision loss disorder, and the expanding geriatric population, are propelling the need for these capsules to relieve intraocular pressure. Additionally, the implementation of stringent regulations by government bodies across various countries to reduce greenhouse gas (GHG) emissions and achieve energy conservation is expected to fuel the algae oil market in the coming years.
๐๐๐ฒ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง:
๐๐๐ฌ๐๐ ๐๐ง ๐๐ซ๐๐๐:
Fuel Grade
Food Grade
Feed Grade
๐๐๐ฌ๐๐ ๐๐ง ๐๐ข๐ฌ๐ญ๐ซ๐ข๐๐ฎ๐ญ๐ข๐จ๐ง ๐๐ก๐๐ง๐ง๐๐ฅ:
Direct Sales
Supermarkets and Hypermarkets
Specialty Stores
Pharmacy
Online
๐๐๐ฌ๐๐ ๐๐ง ๐๐ฉ๐ฉ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง:
Biofuel
Food and Beverage
Animal Feed
Others
๐๐๐ ๐ข๐จ๐ง:
North America (United States, Canada)
Europe (Germany, France, United Kingdom, Italy, Spain, Others)
Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
Latin America (Brazil, Mexico, Others)
Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Others)
๐๐จ๐ฆ๐ฉ๐๐ญ๐ข๐ญ๐ข๐ฏ๐ ๐๐๐ง๐๐ฌ๐๐๐ฉ๐:
Algae Floating Systems Inc.
Algae Production Systems
Alltech
Cargill Incorporated
Cellana Inc.
Corbion N.V
Cyanotech Corporation
Koninklijke DSM N.V.
Lonza Group AG
Pond Technologies Inc
Renewable Algal Energy LLC (RAE).
๐๐ฌ๐ค ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ญ ๐๐จ๐ซ ๐๐% ๐๐ซ๐๐ ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐๐ ๐ซ๐๐ฉ๐จ๐ซ๐ญ: https://www.imarcgroup.com/algae-oil-market
๐๐จ๐ญ๐: We are updating our reports, If you want the report with the latest primary and secondary data (๐๐๐๐-๐๐๐๐) including industry trends, market size and Competitive landscape, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours.
๐๐๐ฒ ๐ก๐ข๐ ๐ก๐ฅ๐ข๐ ๐ก๐ญ๐ฌ ๐จ๐ ๐ญ๐ก๐ ๐ซ๐๐ฉ๐จ๐ซ๐ญ:ย ย ย ย ย ย ย ย ย ย ย ย ย ย ย ย ย ย ย ย ย ย ย ย ย ย ย ย ย
๐๐๐ซ๐ค๐๐ญ ๐๐๐ซ๐๐จ๐ซ๐ฆ๐๐ง๐๐ (๐๐๐๐-๐๐๐๐)
๐๐๐ซ๐ค๐๐ญ ๐๐ฎ๐ญ๐ฅ๐จ๐จ๐ค (๐๐๐๐-๐๐๐๐)
Market Trends
Market Drivers and Success Factors
Impact of COVID-19
Value Chain Analysis
Comprehensive mapping of the competitive landscape
๐๐จ๐ญ๐: ๐๐ ๐ฒ๐จ๐ฎ ๐ง๐๐๐ ๐ฌ๐ฉ๐๐๐ข๐๐ข๐ ๐ข๐ง๐๐จ๐ซ๐ฆ๐๐ญ๐ข๐จ๐ง ๐ญ๐ก๐๐ญ ๐ข๐ฌ ๐ง๐จ๐ญ ๐๐ฎ๐ซ๐ซ๐๐ง๐ญ๐ฅ๐ฒ ๐ฐ๐ข๐ญ๐ก๐ข๐ง ๐ญ๐ก๐ ๐ฌ๐๐จ๐ฉ๐ ๐จ๐ ๐ญ๐ก๐ ๐ซ๐๐ฉ๐จ๐ซ๐ญ, ๐ฐ๐ ๐ฐ๐ข๐ฅ๐ฅ ๐ฉ๐ซ๐จ๐ฏ๐ข๐๐ ๐ข๐ญ ๐ญ๐จ ๐ฒ๐จ๐ฎ ๐๐ฌ ๐ ๐ฉ๐๐ซ๐ญ ๐จ๐ ๐ญ๐ก๐ ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐๐ญ๐ข๐จ๐ง.
๐๐๐๐ข๐ ๐๐จ๐ง๐ญ๐๐๐ญ:
Company Name: IMARC Group
Contact Person: Elena Anderson
Email: sales@imarcgroup.com
Phone: +1-631-791-1145
Address: 30 N Gould St Ste R
City: Sheridan
State: WY
Country: United States
Website: https://www.imarcgroup.com/
๐๐๐ ๐ข๐จ๐ง:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
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