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๐€๐ฅ๐ ๐š๐ž ๐Ž๐ข๐ฅ ๐Œ๐š๐ซ๐ค๐ž๐ญ to Reach US$ 2.40 Billion by 2027 | Industry CAGR of 4.32%

11-30-2022 05:17 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: IMARC Group

๐€๐ฅ๐ ๐š๐ž ๐Ž๐ข๐ฅ

According to IMARC Group's latest report "๐€๐ฅ๐ ๐š๐ž ๐Ž๐ข๐ฅ ๐Œ๐š๐ซ๐ค๐ž๐ญ: ๐†๐ฅ๐จ๐›๐š๐ฅ ๐ˆ๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐“๐ซ๐ž๐ง๐๐ฌ, ๐’๐ก๐š๐ซ๐ž, ๐’๐ข๐ณ๐ž, ๐†๐ซ๐จ๐ฐ๐ญ๐ก, ๐Ž๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ฒ ๐š๐ง๐ ๐…๐จ๐ซ๐ž๐œ๐š๐ฌ๐ญ ๐Ÿ๐ŸŽ๐Ÿ๐Ÿ-๐Ÿ๐ŸŽ๐Ÿ๐Ÿ•,"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.

๐๐จ๐ญ๐ž: ๐–๐ž ๐š๐ซ๐ž ๐œ๐จ๐ง๐ฌ๐ญ๐š๐ง๐ญ๐ฅ๐ฒ ๐ญ๐ซ๐š๐œ๐ข๐ง๐  ๐š๐ง๐ ๐š๐ฌ๐ฌ๐ž๐ฌ๐ฌ๐ข๐ง๐  ๐ญ๐ก๐ž ๐ข๐ฆ๐ฉ๐š๐œ๐ญ ๐จ๐Ÿ ๐ญ๐ก๐ž ๐‚๐Ž๐•๐ˆ๐ƒ-๐Ÿ๐Ÿ— ๐ฉ๐š๐ง๐๐ž๐ฆ๐ข๐œ ๐จ๐ง ๐ญ๐ก๐ž ๐ข๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ. ๐“๐ก๐ž๐ฌ๐ž ๐ข๐ง๐Ÿ๐ฅ๐ฎ๐ž๐ง๐œ๐ž๐ฌ ๐ก๐š๐ฏ๐ž ๐›๐ž๐ž๐ง ๐œ๐จ๐ฏ๐ž๐ซ๐ž๐ ๐ข๐ง ๐จ๐ฎ๐ซ ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ ๐š๐ฌ ๐ฌ๐ข๐ ๐ง๐ข๐Ÿ๐ข๐œ๐š๐ง๐ญ ๐ฆ๐š๐ซ๐ค๐ž๐ญ ๐œ๐จ๐ง๐ญ๐ซ๐ข๐›๐ฎ๐ญ๐จ๐ซ๐ฌ.

๐ƒ๐จ๐ฐ๐ง๐ฅ๐จ๐š๐ ๐š ๐Ÿ๐ซ๐ž๐ž ๐ฌ๐š๐ฆ๐ฉ๐ฅ๐ž ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ ๐ญ๐จ ๐ ๐ž๐ญ ๐š ๐๐ž๐ญ๐š๐ข๐ฅ๐ž๐ ๐จ๐ฏ๐ž๐ซ๐ฏ๐ข๐ž๐ฐ ๐จ๐Ÿ ๐ญ๐ก๐ž ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ: https://www.imarcgroup.com/algae-oil-market/requestsample

๐Œ๐š๐ซ๐ค๐ž๐ญ ๐“๐ซ๐ž๐ง๐๐ฌ ๐š๐ง๐ ๐ƒ๐ซ๐ข๐ฏ๐ž๐ซ๐ฌ:

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.

๐Š๐ž๐ฒ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ญ๐ข๐จ๐ง:

๐๐š๐ฌ๐ž๐ ๐Ž๐ง ๐†๐ซ๐š๐๐ž:

Fuel Grade
Food Grade
Feed Grade

๐๐š๐ฌ๐ž๐ ๐Ž๐ง ๐ƒ๐ข๐ฌ๐ญ๐ซ๐ข๐›๐ฎ๐ญ๐ข๐จ๐ง ๐‚๐ก๐š๐ง๐ง๐ž๐ฅ:

Direct Sales
Supermarkets and Hypermarkets
Specialty Stores
Pharmacy
Online

๐๐š๐ฌ๐ž๐ ๐Ž๐ง ๐€๐ฉ๐ฉ๐ฅ๐ข๐œ๐š๐ญ๐ข๐จ๐ง:

Biofuel
Food and Beverage
Animal Feed
Others

๐‘๐ž๐ ๐ข๐จ๐ง:

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)

๐‚๐จ๐ฆ๐ฉ๐ž๐ญ๐ข๐ญ๐ข๐ฏ๐ž ๐‹๐š๐ง๐๐ฌ๐œ๐š๐ฉ๐ž:

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).

๐€๐ฌ๐ค ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ญ ๐Ÿ๐จ๐ซ ๐Ÿ๐ŸŽ% ๐Ÿ๐ซ๐ž๐ž ๐œ๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐ž๐ ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ: https://www.imarcgroup.com/algae-oil-market

๐๐จ๐ญ๐ž: We are updating our reports, If you want the report with the latest primary and secondary data (๐Ÿ๐ŸŽ๐Ÿ๐Ÿ‘-๐Ÿ๐ŸŽ๐Ÿ๐Ÿ–) 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.

๐Š๐ž๐ฒ ๐ก๐ข๐ ๐ก๐ฅ๐ข๐ ๐ก๐ญ๐ฌ ๐จ๐Ÿ ๐ญ๐ก๐ž ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ: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 

๐Œ๐š๐ซ๐ค๐ž๐ญ ๐๐ž๐ซ๐Ÿ๐จ๐ซ๐ฆ๐š๐ง๐œ๐ž (๐Ÿ๐ŸŽ๐Ÿ๐Ÿ”-๐Ÿ๐ŸŽ๐Ÿ๐Ÿ)
๐Œ๐š๐ซ๐ค๐ž๐ญ ๐Ž๐ฎ๐ญ๐ฅ๐จ๐จ๐ค (๐Ÿ๐ŸŽ๐Ÿ๐Ÿ-๐Ÿ๐ŸŽ๐Ÿ๐Ÿ•)
Market Trends
Market Drivers and Success Factors
Impact of COVID-19
Value Chain Analysis
Comprehensive mapping of the competitive landscape

๐๐จ๐ญ๐ž: ๐ˆ๐Ÿ ๐ฒ๐จ๐ฎ ๐ง๐ž๐ž๐ ๐ฌ๐ฉ๐ž๐œ๐ข๐Ÿ๐ข๐œ ๐ข๐ง๐Ÿ๐จ๐ซ๐ฆ๐š๐ญ๐ข๐จ๐ง ๐ญ๐ก๐š๐ญ ๐ข๐ฌ ๐ง๐จ๐ญ ๐œ๐ฎ๐ซ๐ซ๐ž๐ง๐ญ๐ฅ๐ฒ ๐ฐ๐ข๐ญ๐ก๐ข๐ง ๐ญ๐ก๐ž ๐ฌ๐œ๐จ๐ฉ๐ž ๐จ๐Ÿ ๐ญ๐ก๐ž ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ, ๐ฐ๐ž ๐ฐ๐ข๐ฅ๐ฅ ๐ฉ๐ซ๐จ๐ฏ๐ข๐๐ž ๐ข๐ญ ๐ญ๐จ ๐ฒ๐จ๐ฎ ๐š๐ฌ ๐š ๐ฉ๐š๐ซ๐ญ ๐จ๐Ÿ ๐ญ๐ก๐ž ๐œ๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐š๐ญ๐ข๐จ๐ง.

๐Œ๐ž๐๐ข๐š ๐‚๐จ๐ง๐ญ๐š๐œ๐ญ:
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/

๐‘๐ž๐ ๐ข๐จ๐ง:

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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