Algae ingredients refer to substance components extracted from algae.
Algae are generally used in the food industry due to its wide range of different functional ingredients. Algae are rich in essential oils such as omega 3 fatty acids and PUFA which is mainly used in pharmaceutical and health food products.
The major drivers for the market are the increased potential applications in food, cheaper source of raw material for industrial production, increased demand of Omega3 fatty acids, sustainable source of production and environmental concerns. The advancement in biotechnology and other feasible extraction technologies has created a good opportunity for the market.
North America holds the largest share in the market followed by Europe and Asia-Pacific. However, the new emerging markets of Asia-Pacific such as China, Japan and India are growing at a faster rate.
In 2019, the market size of Algae Ingredients is xx million US$ and it will reach xx million US$ in 2025, growing at a CAGR of xx% from 2019; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period.
In this report, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Algae Ingredients.
This report studies the global market size of Algae Ingredients, especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India and Southeast Asia).
This study presents the Algae Ingredients production, revenue, market share and growth rate for each key company, and also covers the breakdown data (production, consumption, revenue and market share) by regions, type and applications. history breakdown data from 2014 to 2019, and forecast to 2025.
For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2014 to 2019.
In global market, the following companies are covered:
ADM
DSM
DIC
BASF
Cargill
DuPont
Cyanotech
Roquette
Fuji Chemicals
FMC
Omega Protein
TerraVia
Algavia
Algae Tech
Market Segment by Product Type
Dried Algae
Omega 3 Fatty Acids and PUFA
Carageenan
Alginate
Agar
β-Carotene
Others
Market Segment by Application
Food
Pharmaceuticals
Animal Nutrition
Cosmetics
Others
Key Regions split in this report: breakdown data for each region.
United States
China
European Union
Rest of World (Japan, Korea, India and Southeast Asia)
The study objectives are:
To analyze and research the Algae Ingredients status and future forecast in United States, European Union and China, involving sales, value (revenue), growth rate (CAGR), market share, historical and forecast.
To present the key Algae Ingredients manufacturers, presenting the sales, revenue, market share, and recent development for key players.
To split the breakdown data by regions, type, companies and applications
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
In this study, the years considered to estimate the market size of Algae Ingredients are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
Summary:
Get latest Market Research Reports on Algae Ingredients . Industry analysis & Market Report on Algae Ingredients is a syndicated market report, published as Global (United States, European Union and China) Algae Ingredients Market Research Report 2019-2025. It is complete Research Study and Industry Analysis of Algae Ingredients market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.