Press release
Algae Supplements Market: 2024 Analysis, Share, Trends, and Overview 2024-2031
Algae Supplements Market
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The increasing concern to utilize a plant-based diet as an alternative to a meat-based diet among consumers is expected to boost the growth of the market during the forecast period. The rising health awareness across the globe for a better lifestyle and substantially growing demand for algae supplements in the sports and fitness sector is anticipated to drive the global algae supplements market. Additionally, the vast portfolio of algae supplements in terms of dosage form including capsules, powders, and liquids used for the treatment of various conditions such as heart, brain, eye condition, and inflammation is expected to create new opportunities for market growth during the forecast period.
Additionally, the key players present in the global algae supplements market include Nature's Way Products, Cyanotech Corp., Parry Nutraceuticals, Pharmavite LLC, Now Foods, and others adopted various strategies that include product launches, mergers & acquisitions, among others to remain competitive in the market. For instance, in November 2021, Solabia-Algatech Nutrition introduces AstraPure Max, as a proprietary formula including Astapure Arava whole-algae complex, which delivers natural astaxanthin along with easily absorbed magnesium glycerophosphate and vitamin B6 (pyridoxine).
Full report of Algae Supplements Market available @ https://www.omrglobal.com/industry-reports/algae-supplements-market
Market Coverage
Segment Covered
Regions Covered- Globally
Competitive Landscape- Nature's Way Products, Cyanotech Corp., Parry Nutraceuticals, Pharmavite LLC, Now Foods, and others.
Key questions addressed by the report
What is the market growth rate?
Which segment and region dominates the market in base year?
Which segment and region will project fastest growth in the market?
How COVID-19 impacted the market?
o Recovery Timeline
o Deviation from pre-COVID forecast
o Most affected region and segment
Who is the leader in the market?
How players are addressing challenges to sustain growth?
Where is the investment opportunity?
Global Algae Supplements Market Report Segment
By Product Type
o Powder
o Capsules
o Liquid
By Distribution Channel
o Supermarkets
o Online
o Drug Stores
o Beauty & Health Stores
By Source
o Brown Algae
o Green Algae
o Red Algae
o Blue-Green Algae
By Application
o Pharmaceuticals
o Nutraceuticals & Dietary Supplements
o Chemicals
Reasons to Buying From us -
1. We cover more than 15 major industries, further segmented into more than 90 sectors.
2. More than 120 countries are for analysis.
3. Over 100+ paid data sources mined for investigation.
4. Our expert research analysts answer all your questions before and after purchasing your report.
For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/algae-supplements-market
Media Contact:
Contact Person: Mr. Anurag Tiwari
Email: anurag@omrglobal.com
Contact no: +91 780-304-0404
Company Name: Orion Market Research
About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offers Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.
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