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Global Algae Products Market worth USD 5.60 billion by 2025 Share, Growth, Trend Analysis, Consumption Capacity By Volume And Production Value | Key Market Competitors BASF SE, Dowdupont, Cyanotech Corporation Cargill, Stärke GmbH

Global algae products market is expected to reach USD 5.60 billion by 2025 growing at a CAGR of 5.3% during the forecast to 2025

The algae products market report distributes an entire outline of the market taking into account important factors such as market share, growth rate, and competitive factors, as well as consumption of Sales in volume terms are also provided for top countries and application at the regional and global level. The competitive mapping, landscaping mapping of the current market trends and Market observations such as constraints, drivers, threats, opportunities, investment opportunities, challenges, and recommendations are included in this algae products market report.

The global algae products market is expected to reach USD 5.60 billion by 2025 growing at a CAGR of 5.3% during the forecast to 2025.An algae is a group of organism having potential of performing photosynthesis process. It helps to convert carbon dioxide into protein and fat in the presence of sunlight. It is utilised as food and fuel by the plant. Algae are commonly used in algae products comprising seaweed, kelp and chlorella. Algae products have high protein and contain essential amino acid, which helps in boosting human metabolic process like enzyme production.

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Global Algae Products Market By Type (Lipids, Carrageenan, Carotenoids, Algal Protein, Alginate, Others), Source (Brown Algae, Blue-Green Algae, Red Algae, Green Algae, Others), Form (Solid, Liquid), Application (Food & Beverages, Nutraceuticals & Dietary Supplements, Feed, Personal Care Products, Pharmaceuticals, Others), Geography (North America, South America, Europe, Asia-Pacific, Middle East And Africa) – Industry Trends and Forecast to 2025

Key Market Competitors: 

The key players operating in the global algae products market are –

  • BASF SE
  • Dowdupont
  • Cyanotech Corporation
  • Cargill

The other players in the market are  Stärke GmbH, Sms Corporation Co. Ltd, Global Bio-Chem Technology Group Company Limited, SPAC STARCH PRODUCTS (INDIA) LTD., Qingdao Cbh Co., Ltd., Beneo-Remy N.V., China Essence Group Ltd, Samyang Genex Corp, Ulrick & Short Ltd., Grain Processing Corporation, Roquette Frères, Siam Modified Starch Co. Ltd., Algatechnologies, CP Kelco and other.

Market drivers:

  • Raising consumer awareness regarding health benefits of algae-based products
  • Alternate food source and food ingredient
  • Growing multi industry coverage

Market restraint:

  • Advanced high impact of climate condition on algae production
  • High cost of processing

Competitive Landscape: 

The global algae products market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of Algae Products market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa.

In, July, 2013, BASF SE and National Prawn Company (Saudi Arabia) had signed an agreement on collaboration in the field of algae technology.

Table of Contents

Major Topics Covered:

  1. Introduction
  2. Market Segmentation
  3. Executive Summary
  4. Market Overview
  5. Premium Insights
  6. Global Algae Products Market: Regulatory Scenario
  7. Global Algae Products Market, By Type
  8. Global Algae Products Market, By Source
  9. Global Algae Products Market, By Form

10  Global Algae Products Market, By Application

  1. Global Algae Products Market, By Geography
  2. Global Algae Products Market, Company Landscape
  3. Company Profiles
  4. Related Reports

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Market Segmentation:

By Type

  • Lipids
  • Carrageenan
  • Carotenoids
  • Algal Protein
  • Alginate
  • Others

By Source

  • Brown Algae
  • Blue-Green Algae
  • Red Algae
  • Green Algae
  • Others

By Form

  • Solid
  • Liquid

By Application

  • Food & Beverages
  • Nutraceuticals & Dietary Supplements
  • Feed
  • Personal Care Products
  • Pharmaceuticals
  • Others

By Geography

  • North America
    • S.
    • Canada,
    • Mexico
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Turkey
    • Belgium
    • Netherlands
    • Switzerland
    • Rest of Europe
  • Asia-Pacific
    • Japan
    • China
    • South Korea
    • India
    • Australia
    • Singapore
    • Thailand
    • Malaysia
    • Indonesia
    • Philippines
    • Rest of Asia Pacific
  • South America
    • Brazil
    • Rest of South America
  • Middle East & Africa
    • South Africa
    • Rest of MEA

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