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Algae - Global Market Trajectory & Analytics

  • ID: 4806448
  • Report
  • September 2020
  • Region: Global
  • 188 pages
  • Global Industry Analysts, Inc

FEATURED COMPANIES

  • Affinity Energy & Health
  • Algenol Biotech
  • Algix
  • Corbion Nv
  • MORE
Global Algae Market to Reach $1.2 Billion by 2027

Amid the COVID-19 crisis, the global market for Algae estimated at US$782.9 Million in the year 2020, is projected to reach a revised size of US$1.2 Billion by 2027, growing at a CAGR of 6.2% over the analysis period 2020-2027. Open Pond Cultivation, one of the segments analyzed in the report, is projected to record a 6.2% CAGR and reach US$980.2 Million by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Raceway Pond Cultivation segment is readjusted to a revised 5.6% CAGR for the next 7-year period.

The U. S. Market is Estimated at $211.9 Million, While China is Forecast to Grow at 9.4% CAGR

The Algae market in the U. S. is estimated at US$211.9 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$254.9 Million by the year 2027 trailing a CAGR of 9.4% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.4% and 5.6% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 3.9% CAGR.

Other Cultivation Technologies Segment to Record 7.2% CAGR

In the global Other Cultivation Technologies segment, USA, Canada, Japan, China and Europe will drive the 6.7% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$29.7 Million in the year 2020 will reach a projected size of US$46.7 Million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$161.3 Million by the year 2027, while Latin America will expand at a 8.5% CAGR through the analysis period. We bring years of research experience to this 7th edition of our report. The 188-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.

Competitors identified in this market include, among others:
  • Algix LLC
  • Corbion NV
  • Diversified Energy Corporation
  • DSM Nutritional Products AG
  • Kent BioEnergy Corporation
  • Pond Technologies Inc.
  • Sapphire Engineering (NE) Ltd.
  • Affinity Energy & Health
  • Algenol Biotech
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • Affinity Energy & Health
  • Algenol Biotech
  • Algix
  • Corbion Nv
  • MORE
I. INTRODUCTION, METHODOLOGY & REPORT SCOPE

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW
  • Global Competitor Market Shares
  • Algae Competitor Market Share Scenario Worldwide (in %): 2019 & 2025
  • Impact of Covid-19 and a Looming Global Recession
  • Algae: A Prelude
  • Types of Algae
  • Benefits & Applications of Algae
2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS
  • Algae: The Most Important Organism With Ecological & Commercial Significance
  • Overwhelming Scientific Evidence of the Health Benefits of Algal-Derived Food Products to Spur Commercial Opportunities in the Processed Foods End-Use Sector
  • Robust Demand for Superfoods Especially Macroalgal & Microalgal Food Amidst the Consumer Health & Fitness Craze to Spur Opportunities in the Food & Beverage End-Use Sector: Global Market for Superfoods (In US$ Billion) for the Years 2017, 2019, 2022 and 2024
  • Stringent Regulations for Wastewater Remediation Drives Increased Demand for Algae as a Ecofriendly Substitute for Chemicals
  • The Growing Urgency of Protecting Water Resources Opens Attractive Opportunities for Algae in Wastewater Treatment: Global Market for Water & Wastewater Treatment (In US$ Million) for the Years 2017, 2019, and 2022
  • New Generation Drugs Inspired by Algae Brings the Market Straight Under the Aegis of the Multi-Billion Dollar Pharmaceuticals Industry
  • Robust Pharmaceuticals Industry Amid Growing Disease Burden & High Unmet Needs Drives Demand for Novel Compounds from Marine Algae for Drug Discovery and Development: Global Pharmaceutical Industry (In US$ Billion) for the Years 2017, 2019, 2022 and 2024
  • Promising Pre-Commercial Success of Biofuel Production from Algae Signals Robust Opportunities in the Biofuels Market Over the Long-Term
  • Robust Demand for Biofuels Amid the Aggressive Effort to Replace Fossil Fuels With Ecofriendly Fuels to Push Biofuel Applications of Biofuels Closer to Commercialization: Global Biofuels Market (In US$ Billion) for the Years 2017, 2019 and 2022
  • Innovative Uses of Algae On Cards, Amid Rising Environmental Concerns & Increased Investments in Environmental Remediation
  • Algae Technology Innovations Remain Vital to Application Expansion and Sustained Growth in the Market
  • R&D Efforts Underway to Repurpose Wastewater Algae into Specialty Chemicals
  • Research in Algae-Derived Solar Fuel Makes Interesting Progress
  • Juan Algae: A Potential Candidate as a Cost Effective Feed for Aquaculture
  • Biocrude From Algae to Power Automobiles of the Future
  • Algae Finds its Way Into the Packaging Industry
  • High Profile Research Gets Underway to Convert Algae Oils Into Carbon Fibers
  • Algae in Healthcare to Receive a Boost Supported by Interesting R&D Breakthroughs
  • The R&D Community Unveils Interesting Leads on Generating Bioenergy from Spirulina
4. GLOBAL MARKET PERSPECTIVE
  • TABLE 1: Algae Global Market Estimates and Forecasts in US$ Thousand by Region/Country: 2020-2027
  • TABLE 2: Algae Global Retrospective Market Scenario in US$ Thousand by Region/Country: 2012-2019
  • TABLE 3: Algae Market Share Shift across Key Geographies Worldwide: 2012 VS 2020 VS 2027
  • TABLE 4: Open Pond Cultivation (Cultivation Technology) World Market by Region/Country in US$ Thousand: 2020 to 2027
  • TABLE 5: Open Pond Cultivation (Cultivation Technology) Historic Market Analysis by Region/Country in US$ Thousand: 2012 to 2019
  • TABLE 6: Open Pond Cultivation (Cultivation Technology) Market Share Breakdown of Worldwide Sales by Region/Country: 2012 VS 2020 VS 2027
  • TABLE 7: Raceway Pond Cultivation (Cultivation Technology) Potential Growth Markets Worldwide in US$ Thousand: 2020 to 2027
  • TABLE 8: Raceway Pond Cultivation (Cultivation Technology) Historic Market Perspective by Region/Country in US$ Thousand: 2012 to 2019
  • TABLE 9: Raceway Pond Cultivation (Cultivation Technology) Market Sales Breakdown by Region/Country in Percentage: 2012 VS 2020 VS 2027
  • TABLE 10: Other Cultivation Technologies (Cultivation Technology) Geographic Market Spread Worldwide in US$ Thousand: 2020 to 2027
  • TABLE 11: Other Cultivation Technologies (Cultivation Technology) Region Wise Breakdown of Global Historic Demand in US$ Thousand: 2012 to 2019
  • TABLE 12: Other Cultivation Technologies (Cultivation Technology) Market Share Distribution in Percentage by Region/Country: 2012 VS 2020 VS 2027
III. MARKET ANALYSIS

GEOGRAPHIC MARKET ANALYSIS

UNITED STATES
  • Market Facts & Figures
  • US Algae Market Share (in %) by Company: 2019 & 2025
  • Market Analytics
  • TABLE 13: United States Algae Market Estimates and Projections in US$ Thousand by Cultivation Technology: 2020 to 2027
  • TABLE 14: Algae Market in the United States by Cultivation Technology: A Historic Review in US$ Thousand for 2012-2019
  • TABLE 15: United States Algae Market Share Breakdown by Cultivation Technology: 2012 VS 2020 VS 2027
CANADA
  • TABLE 16: Canadian Algae Market Estimates and Forecasts in US$ Thousand by Cultivation Technology: 2020 to 2027
  • TABLE 17: Canadian Algae Historic Market Review by Cultivation Technology in US$ Thousand: 2012-2019
  • TABLE 18: Algae Market in Canada: Percentage Share Breakdown of Sales by Cultivation Technology for 2012, 2020, and 2027
JAPAN
  • TABLE 19: Japanese Market for Algae: Annual Sales Estimates and Projections in US$ Thousand by Cultivation Technology for the Period 2020-2027
  • TABLE 20: Algae Market in Japan: Historic Sales Analysis in US$ Thousand by Cultivation Technology for the Period 2012-2019
  • TABLE 21: Japanese Algae Market Share Analysis by Cultivation Technology: 2012 VS 2020 VS 2027
CHINA
  • TABLE 22: Chinese Algae Market Growth Prospects in US$ Thousand by Cultivation Technology for the Period 2020-2027
  • TABLE 23: Algae Historic Market Analysis in China in US$ Thousand by Cultivation Technology: 2012-2019
  • TABLE 24: Chinese Algae Market by Cultivation Technology: Percentage Breakdown of Sales for 2012, 2020, and 2027
EUROPE
  • Market Facts & Figures
  • European Algae Market: Competitor Market Share Scenario (in %) for 2019 & 2025
  • Market Analytics
  • TABLE 25: European Algae Market Demand Scenario in US$ Thousand by Region/Country: 2020-2027
  • TABLE 26: Algae Market in Europe: A Historic Market Perspective in US$ Thousand by Region/Country for the Period 2012-2019
  • TABLE 27: European Algae Market Share Shift by Region/Country:2012 VS 2020 VS 2027
  • TABLE 28: European Algae Market Estimates and Forecasts in US$ Thousand by Cultivation Technology: 2020-2027
  • TABLE 29: Algae Market in Europe in US$ Thousand by Cultivation Technology: A Historic Review for the Period 2012-2019
  • TABLE 30: European Algae Market Share Breakdown by Cultivation Technology: 2012 VS 2020 VS 2027
FRANCE
  • TABLE 31: Algae Market in France by Cultivation Technology: Estimates and Projections in US$ Thousand for the Period 2020-2027
  • TABLE 32: French Algae Historic Market Scenario in US$ Thousand by Cultivation Technology: 2012-2019
  • TABLE 33: French Algae Market Share Analysis by Cultivation Technology: 2012 VS 2020 VS 2027
GERMANY
  • TABLE 34: Algae Market in Germany: Recent Past, Current and Future Analysis in US$ Thousand by Cultivation Technology for the Period 2020-2027
  • TABLE 35: German Algae Historic Market Analysis in US$ Thousand by Cultivation Technology: 2012-2019
  • TABLE 36: German Algae Market Share Breakdown by Cultivation Technology: 2012 VS 2020 VS 2027
ITALY
  • TABLE 37: Italian Algae Market Growth Prospects in US$ Thousand by Cultivation Technology for the Period 2020-2027
  • TABLE 38: Algae Historic Market Analysis in Italy in US$ Thousand by Cultivation Technology: 2012-2019
  • TABLE 39: Italian Algae Market by Cultivation Technology: Percentage Breakdown of Sales for 2012, 2020, and 2027
UNITED KINGDOM
  • TABLE 40: United Kingdom Market for Algae: Annual Sales Estimates and Projections in US$ Thousand by Cultivation Technology for the Period 2020-2027
  • TABLE 41: Algae Market in the United Kingdom: Historic Sales Analysis in US$ Thousand by Cultivation Technology for the Period 2012-2019
  • TABLE 42: United Kingdom Algae Market Share Analysis by Cultivation Technology: 2012 VS 2020 VS 2027
SPAIN
  • TABLE 43: Spanish Algae Market Estimates and Forecasts in US$ Thousand by Cultivation Technology: 2020 to 2027
  • TABLE 44: Spanish Algae Historic Market Review by Cultivation Technology in US$ Thousand: 2012-2019
  • TABLE 45: Algae Market in Spain: Percentage Share Breakdown of Sales by Cultivation Technology for 2012, 2020, and 2027
RUSSIA
  • TABLE 46: Russian Algae Market Estimates and Projections in US$ Thousand by Cultivation Technology: 2020 to 2027
  • TABLE 47: Algae Market in Russia by Cultivation Technology: A Historic Review in US$ Thousand for 2012-2019
  • TABLE 48: Russian Algae Market Share Breakdown by Cultivation Technology: 2012 VS 2020 VS 2027
REST OF EUROPE
  • TABLE 49: Rest of Europe Algae Market Estimates and Forecasts in US$ Thousand by Cultivation Technology: 2020-2027
  • TABLE 50: Algae Market in Rest of Europe in US$ Thousand by Cultivation Technology: A Historic Review for the Period 2012-2019
  • TABLE 51: Rest of Europe Algae Market Share Breakdown by Cultivation Technology: 2012 VS 2020 VS 2027
ASIA-PACIFIC
  • TABLE 52: Asia-Pacific Algae Market Estimates and Forecasts in US$ Thousand by Region/Country: 2020-2027
  • TABLE 53: Algae Market in Asia-Pacific: Historic Market Analysis in US$ Thousand by Region/Country for the Period 2012-2019
  • TABLE 54: Asia-Pacific Algae Market Share Analysis by Region/Country: 2012 VS 2020 VS 2027
  • TABLE 55: Algae Market in Asia-Pacific by Cultivation Technology: Estimates and Projections in US$ Thousand for the Period 2020-2027
  • TABLE 56: Asia-Pacific Algae Historic Market Scenario in US$ Thousand by Cultivation Technology: 2012-2019
  • TABLE 57: Asia-Pacific Algae Market Share Analysis by Cultivation Technology: 2012 VS 2020 VS 2027
AUSTRALIA
  • TABLE 58: Algae Market in Australia: Recent Past, Current and Future Analysis in US$ Thousand by Cultivation Technology for the Period 2020-2027
  • TABLE 59: Australian Algae Historic Market Analysis in US$ Thousand by Cultivation Technology: 2012-2019
  • TABLE 60: Australian Algae Market Share Breakdown by Cultivation Technology: 2012 VS 2020 VS 2027
INDIA
  • TABLE 61: Indian Algae Market Estimates and Forecasts in US$ Thousand by Cultivation Technology: 2020 to 2027
  • TABLE 62: Indian Algae Historic Market Review by Cultivation Technology in US$ Thousand: 2012-2019
  • TABLE 63: Algae Market in India: Percentage Share Breakdown of Sales by Cultivation Technology for 2012, 2020, and 2027
SOUTH KOREA
  • TABLE 64: Algae Market in South Korea: Recent Past, Current and Future Analysis in US$ Thousand by Cultivation Technology for the Period 2020-2027
  • TABLE 65: South Korean Algae Historic Market Analysis in US$ Thousand by Cultivation Technology: 2012-2019
  • TABLE 66: Algae Market Share Distribution in South Korea by Cultivation Technology: 2012 VS 2020 VS 2027
REST OF ASIA-PACIFIC
  • TABLE 67: Rest of Asia-Pacific Market for Algae: Annual Sales Estimates and Projections in US$ Thousand by Cultivation Technology for the Period 2020-2027
  • TABLE 68: Algae Market in Rest of Asia-Pacific: Historic Sales Analysis in US$ Thousand by Cultivation Technology for the Period 2012-2019
  • TABLE 69: Rest of Asia-Pacific Algae Market Share Analysis by Cultivation Technology: 2012 VS 2020 VS 2027
LATIN AMERICA
  • TABLE 70: Latin American Algae Market Trends by Region/Country in US$ Thousand: 2020-2027
  • TABLE 71: Algae Market in Latin America in US$ Thousand by Region/Country: A Historic Perspective for the Period 2012-2019
  • TABLE 72: Latin American Algae Market Percentage Breakdown of Sales by Region/Country: 2012, 2020, and 2027
  • TABLE 73: Latin American Algae Market Growth Prospects in US$ Thousand by Cultivation Technology for the Period 2020-2027
  • TABLE 74: Algae Historic Market Analysis in Latin America in US$ Thousand by Cultivation Technology: 2012-2019
  • TABLE 75: Latin American Algae Market by Cultivation Technology: Percentage Breakdown of Sales for 2012, 2020, and 2027
ARGENTINA
  • TABLE 76: Argentinean Algae Market Estimates and Forecasts in US$ Thousand by Cultivation Technology: 2020-2027
  • TABLE 77: Algae Market in Argentina in US$ Thousand by Cultivation Technology: A Historic Review for the Period 2012-2019
  • TABLE 78: Argentinean Algae Market Share Breakdown by Cultivation Technology: 2012 VS 2020 VS 2027
BRAZIL
  • TABLE 79: Algae Market in Brazil by Cultivation Technology: Estimates and Projections in US$ Thousand for the Period 2020-2027
  • TABLE 80: Brazilian Algae Historic Market Scenario in US$ Thousand by Cultivation Technology: 2012-2019
  • TABLE 81: Brazilian Algae Market Share Analysis by Cultivation Technology: 2012 VS 2020 VS 2027
MEXICO
  • TABLE 82: Algae Market in Mexico: Recent Past, Current and Future Analysis in US$ Thousand by Cultivation Technology for the Period 2020-2027
  • TABLE 83: Mexican Algae Historic Market Analysis in US$ Thousand by Cultivation Technology: 2012-2019
  • TABLE 84: Mexican Algae Market Share Breakdown by Cultivation Technology: 2012 VS 2020 VS 2027
REST OF LATIN AMERICA
  • TABLE 85: Rest of Latin America Algae Market Estimates and Projections in US$ Thousand by Cultivation Technology: 2020 to 2027
  • TABLE 86: Algae Market in Rest of Latin America by Cultivation Technology: A Historic Review in US$ Thousand for 2012-2019
  • TABLE 87: Rest of Latin America Algae Market Share Breakdown by Cultivation Technology: 2012 VS 2020 VS 2027
MIDDLE EAST
  • TABLE 88: The Middle East Algae Market Estimates and Forecasts in US$ Thousand by Region/Country: 2020-2027
  • TABLE 89: Algae Market in the Middle East by Region/Country in US$ Thousand: 2012-2019
  • TABLE 90: The Middle East Algae Market Share Breakdown by Region/Country: 2012, 2020, and 2027
  • TABLE 91: The Middle East Algae Market Estimates and Forecasts in US$ Thousand by Cultivation Technology: 2020 to 2027
  • TABLE 92: The Middle East Algae Historic Market by Cultivation Technology in US$ Thousand: 2012-2019
  • TABLE 93: Algae Market in the Middle East: Percentage Share Breakdown of Sales by Cultivation Technology for 2012,2020, and 2027
IRAN
  • TABLE 94: Iranian Market for Algae: Annual Sales Estimates and Projections in US$ Thousand by Cultivation Technology for the Period 2020-2027
  • TABLE 95: Algae Market in Iran: Historic Sales Analysis in US$ Thousand by Cultivation Technology for the Period 2012-2019
  • TABLE 96: Iranian Algae Market Share Analysis by Cultivation Technology: 2012 VS 2020 VS 2027
ISRAEL
  • TABLE 97: Israeli Algae Market Estimates and Forecasts in US$ Thousand by Cultivation Technology: 2020-2027
  • TABLE 98: Algae Market in Israel in US$ Thousand by Cultivation Technology: A Historic Review for the Period 2012-2019
  • TABLE 99: Israeli Algae Market Share Breakdown by Cultivation Technology: 2012 VS 2020 VS 2027
SAUDI ARABIA
  • TABLE 100: Saudi Arabian Algae Market Growth Prospects in US$ Thousand by Cultivation Technology for the Period 2020-2027
  • TABLE 101: Algae Historic Market Analysis in Saudi Arabia in US$ Thousand by Cultivation Technology: 2012-2019
  • TABLE 102: Saudi Arabian Algae Market by Cultivation Technology: Percentage Breakdown of Sales for 2012, 2020, and 2027
UNITED ARAB EMIRATES
  • TABLE 103: Algae Market in the United Arab Emirates: Recent Past,Current and Future Analysis in US$ Thousand by Cultivation Technologyfor the Period 2020-2027
  • TABLE 104: United Arab Emirates Algae Historic Market Analysis in US$ Thousand by Cultivation Technology: 2012-2019
  • TABLE 105: Algae Market Share Distribution in United Arab Emirates by Cultivation Technology: 2012 VS 2020 VS 2027
REST OF MIDDLE EAST
  • TABLE 106: Algae Market in Rest of Middle East: Recent Past, Current and Future Analysis in US$ Thousand by Cultivation Technology for the Period 2020-2027
  • TABLE 107: Rest of Middle East Algae Historic Market Analysis in US$ Thousand by Cultivation Technology: 2012-2019
  • TABLE 108: Rest of Middle East Algae Market Share Breakdown by Cultivation Technology: 2012 VS 2020 VS 2027
AFRICA
  • TABLE 109: African Algae Market Estimates and Projections in US$ Thousand by Cultivation Technology: 2020 to 2027
  • TABLE 110: Algae Market in Africa by Cultivation Technology: A Historic Review in US$ Thousand for 2012-2019
  • TABLE 111: African Algae Market Share Breakdown by Cultivation Technology: 2012 VS 2020 VS 2027
IV. COMPETITION
  • Total Companies Profiled: 47
Note: Product cover images may vary from those shown
  • Algix
  • Affinity Energy & Health
  • Algenol Biotech
  • Corbion Nv
  • Dsm Nutritional Products Ag
  • Diversified Energy Corporation
  • Kent Bioenergy Corporation
  • Pond Technologies Holdings
  • Sapphire Engineering (Ne) Ltd.
Note: Product cover images may vary from those shown
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