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Global Algae Products Market by Type (Lipids, Carotenoids, Carrageenan, Alginate, Algal Protein), Facility Type, Form (Liquid, Solid), Source (Brown Algae, Green Algae, Red Algae, Blue-green Algae), and Region - Forecast to 2026

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    Report

  • 217 Pages
  • September 2021
  • Region: Global
  • Markets and Markets
  • ID: 5448171

According to the publisher, the global algae products market size is estimated to be valued at USD 4.7 billion in 2021 and projected to reach USD 6.4 billion by 2026, recording a CAGR of 6.3% during the forecast period.

The awareness regarding the health benefits of algae products is one of the key factors that is gaining consumer attention.


By type, lipids are projected to dominate the market during the forecast period

Lipids are energy-rich organic compounds that are insoluble in water. Certain amounts of lipids are essential for healthy body functions. They help in absorbing and using vitamins A, D, E, and K in the human body. They are also important for internal signaling systems and are a part of cell walls. Omega-3, omega-6, and omega-9 are the different types of lipids.

It is a unique form of dietary fats that impart a wide range of health benefits and are derived from algae. Algae have become the major alternative sources to produce lipids to fulfill the growing demand from the vegan population.


By source, brown algae is projected to dominate the market during the forecast period

Brown algae find application in aquatic feed and direct human consumption as food. It possesses anti-hypothyroid, antirheumatic, antibacterial, anticoagulant, and antioxidant properties; hence, it is useful in the nutraceuticals industry as well.

Simultaneously, brown seaweeds used as sea vegetables or for colloid extraction contain less than 15% protein on a dry weight basis.


The Asia Pacific region is projected to record the highest growth rate during the forecast period

The Asia Pacific region is expected to witness the fastest growth in the algae products market; this is attributed to the expected growth in consumption of algae products in food & beverage, pharmaceutical, and animal feed; and the rise in population in the region.

The algae products market is segmented region-wise, with a detailed analysis of each region. These regions include Asia Pacific, North America, Europe, South America and Rest of the World including Africa and the Middle East.


Break-up of Primaries

  • By Company: Tier 1 - 60%, Tier 2 - 25%, Tier 3 - 15%,
  • By Designation: CXO - 35%, Directors - 45%, and Others - 20%
  • By Region: North America - 10%, Europe - 25%, APAC - 45%, South America - 5%, RoW - 15%

Leading players profiled in this report include the following:

  • DuPont (US)
  • Cargill (US)
  • DSM (Netherlands)
  • BASF (Germany)
  • Corbion (Netherlands)
  • E.I.D Parry (India)
  • CP Kelco (US)
  • Fenchem Biotek (China)
  • Algatech (Israel)
  • Cyanotech Corporation (US)

Research Coverage

This report segments the algae products market based on type, application, form, source, and region.

In terms of insights, this research report focuses on various levels of analyses-competitive landscape, pricing insights, end-use analysis, and company profiles-which together comprise and discuss the basic views on the emerging & high-growth segments of the algae products market, high-growth regions, countries, industry trends, drivers, restraints, opportunities, and challenges.


Reasons to Buy this Report

  • To get a comprehensive overview of the algae products market
  • To gain wide-ranging information about the top players in this industry, their product portfolio details, and the key strategies adopted by them
  • To gain insights about the major countries/regions, in which the algae products market is flourishing
Frequently Asked Questions about the Global Algae Products Market

What is the estimated value of the Global Algae Products Market?

The Global Algae Products Market was estimated to be valued at $4.7 Billion in 2021.

What is the growth rate of the Global Algae Products Market?

The growth rate of the Global Algae Products Market is 6.3%, with an estimated value of $6.4 Billion by 2026.

What is the forecasted size of the Global Algae Products Market?

The Global Algae Products Market is estimated to be worth $6.4 Billion by 2026.

Who are the key companies in the Global Algae Products Market?

Key companies in the Global Algae Products Market include Accel Carrageenan Corporation, Algaecan Biotech Ltd., Algatech, Algea, Algenol, Astareal AB, BASF, Cargill, Cellana and Corbion.

Table of Contents

1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.3 Study Scope
Figure 1 Market Segmentation
Figure 2 Algae Products Market: Regions Covered
1.4 Inclusions & Exclusions
1.5 Periodization Considered
1.6 Currency Considered
Table 1 USD Exchange Rates Considered, 2017–2020
1.7 Stakeholders
2 Research Methodology
2.1 Research Data
Figure 3 Algae Products Market: Research Design
2.1.1 Secondary Data
2.1.1.1 Key data from secondary sources
2.1.2 Primary Data
2.1.2.1 Algae products market: primary validations
2.1.2.2 Key industry insights
2.1.2.3 Breakdown of primaries
2.2 Market Size Estimation
Figure 4 Algae Products Market Size Estimation – Supply Side (1/2)
Figure 5 Algae Products Market Size Estimation – Supply Side (2/2)
Figure 6 Algae Products Market Size Estimation – Demand Side
2.2.1 Market Size Estimation Notes
Figure 7 Algae Products Market Size Estimation – Top-Down Approach
Figure 8 Algae Products Market Size Estimation – Bottom-Up Approach
2.3 Data Triangulation
Figure 9 Data Triangulation Methodology
2.4 Assumptions for the Study
2.5 Research Limitations & Associated Risks
2.6 Market Scenarios Considered for the Impact of COVID-19
Figure 10 Scenario-Based Modelling
2.7 COVID-19 Health Assessment
Figure 11 COVID-19: Global Propagation
Figure 12 COVID-19 Propagation: Select Countries
2.8 COVID-19 Economic Assessment
Figure 13 Revised Gross Domestic Product forecasts for Select G20 Countries In 2020
2.8.1 COVID-19 Economic Impact-Scenario Assessment
Figure 14 Criteria Impacting Global Economy
Figure 15 Scenarios In Terms of Recovery of Global Economy
3 Executive Summary
Table 2 Algae Products Market Snapshot, 2021 Vs. 2026
Figure 16 Algae Products Market Size, by Type, 2021 Vs. 2026 (USD Million)
Figure 17 Algae Products Market Size, by form, 2021 Vs. 2026 (USD Million)
Figure 18 Algae Products Market Share (Value), by Region, 2021
4 Premium Insights
4.1 Brief Overview of the Algae Products Market
Figure 19 Increasing Demand for Algae-Based Nutraceuticals & Diet Supplements Driving the Market
4.2 Asia Pacific Algae Products Market, by Source and Country
Figure 20 Brown Algae Segment Dominated the Asia Pacific Market In 2020
4.3 Algae Products Market, by form and Region
Figure 21 Solid Segment Dominated the Market Across All the Regions In 2020
4.4 Algae Products Market, by Region
Figure 22 North America Projected To Dominate the Algae Products Market Across All the Regions by 2026
4.5 Algae Products Market, by Key Country
Figure 23 China Expected To Be the Most Lucrative Market for Algae Products During the forecast Period
5 Market Overview
5.1 Introduction
5.2 Macroeconomic Indicators
5.2.1 Increasing Global Population
Table 3 Population Comparison, 2009 Vs. 2019
Figure 24 Population Growth Trend, 1950–2050
5.2.2 Innovative Technologies for the Extraction of Algae
5.3 Market Dynamics
Figure 25 Market Dynamics: Algae Products Market
5.3.1 Drivers
5.3.1.1 Consumer awareness regarding the health benefits of Omega-3
Table 4 Health Benefits Associated With Omega-3 Consumption
5.3.1.2 Multi-industry coverage
5.3.1.3 Growth in consumer awareness regarding the health benefits of algae-based products
5.3.2 Restraints
5.3.2.1 Lack of R&D activities in under-developed countries
5.3.2.2 Impact of climatic conditions on algae production
5.3.3 Opportunities
5.3.3.1 Growing demand in the pharmaceutical industry
5.3.3.2 Government and private initiatives supporting research & development in algaculture
5.3.3.3 Growth in demand for natural ingredients by consumers
5.3.4 Challenges
5.3.4.1 High production costs restricting the entry of smaller players
5.3.4.2 Difficulty in meeting the requisite quality standards
5.4 Impact of COVID-19 On the Market Dynamics
6 Industry Trends
6.1 Introduction
6.2 Trends/Disruptions Impacting Buyers
Figure 26 Trends/Disruptions Impacting Buyers
6.3 Value Chain Analysis
Figure 27 Algae Products Market: Value Chain Analysis
6.4 Ecosystem Map
Figure 28 Algae Products Market Map
6.4.1 Raw Material Suppliers
6.4.2 Manufacturers
6.5 Supply Chain Analysis
Figure 29 Algae Product Manufacturers (B2B Players): Supply Chain
6.5.1 Raw Material Sourcing
6.5.2 Manufacturing
Figure 30 Algae Products - Omega-3 Manufacturing Process
6.5.3 Distribution, Marketing, and Sales
6.6 Trade Analysis of Algae Products As A Commodity Across Major Countries
Table 5 Trade Data (Import) For Seaweeds and Other Algae Fit for Human Consumption, For the Algae Products Industry (2020)
6.7 Technology Analysis
6.7.1 Development of Seaweed Cultivation:
6.7.2 Use of Advanced Centrifuge Technology:
6.7.3 Application of Boom Algae for Brewing:
6.8 Patent Analysis
Figure 31 List of Major Patents for Algae Products
Table 6 Key Patents Filed In the Algae Products Market, 2018–2021
6.9 Porter’S Five forces Analysis
Table 7 Algae Products Market: Porter’S Five forces Analysis
6.9.1 Threat of New Entrants
6.9.2 Threat of Substitutes
6.9.3 Bargaining Power of Suppliers
6.9.4 Bargaining Power of Buyers
6.9.5 Intensity of Competitive Rivalry
6.10 Case Study Analysis
Table 8 Mialgae: The Development of A Novel Algae Production System
Table 9 Algaecytes: Adoption of Proprietary Algae Strains for Omega-3 Extraction
7 Regulations
7.1 North America
7.1.1 US
7.2 Europe
7.2.1 France
7.3 Asia Pacific
7.3.1 China
7.3.2 India
7.4 South America
7.4.1 Brazil
8 Algae Products Market, by Type
8.1 Introduction
Figure 32 Algae Products Market Size, by Type, 2021 Vs. 2026 (USD Million)
Table 10 Algae Products Market Size, by Type, 2017–2020 (USD Million)
Table 11 Algae Products Market Size, by Type, 2021–2026 (USD Million)
8.1.1 COVID-19 Impact On Algae Products Market, by Type
8.1.1.1 Realistic Scenario
Table 12 Realistic Scenario: COVID-19 Impact On the Algae Products Market Size, by Type, 2019–2022 (USD Million)
8.1.1.2 Pessimistic Scenario
Table 13 Pessimistic Scenario: COVID-19 Impact On the Algae Products Market Size, by Type, 2019–2022 (USD Million)
8.1.1.3 Optimistic Scenario
Table 14 Optimistic Scenario: COVID-19 Impact On the Algae Products Market Size, by Type, 2019–2022 (USD Million)
8.2 Lipids
8.2.1 Lipids Sourced From Algae Pose As Optimum Alternatives To Fish Oil
Table 15 Lipids: Algae Products Market Size, by Region, 2017–2020 (USD Million)
Table 16 Lipids: Algae Products Market Size, by Region, 2021–2026 (USD Million)
8.3 Carrageenan
8.3.1 Carrageenan Finds Extensive Application In Pharmaceuticals and Food & Beverages
Table 17 Carrageenan: Algae Products Market Size, by Region, 2017–2020 (USD Million)
Table 18 Carrageenan: Algae Products Market Size, by Region, 2021–2026 (USD Million)
8.4 Carotenoids
8.4.1 Lutein & Astaxanthin Are the Most Important Carotenoids Sourced From Algae
Table 19 Carotenoids: Algae Products Market Size, by Region, 2017–2020 (USD Million)
Table 20 Carotenoids: Algae Products Market Size, by Region, 2021–2026 (USD Million)
8.5 Algal Protein
8.5.1 The Nutraceutical Industry offers Lucrative Opportunities for the Growth of the Algal Protein Market
Table 21 Algal Protein: Algae Products Market Size, by Region, 2017–2020 (USD Million)
Table 22 Algal Protein: Algae Products Market Size, by Region, 2021–2026 (USD Million)
8.6 Alginate
8.6.1 Alginate Is Widely Used As A Blending Agent In Food and Beverages
Table 23 Alginate: Algae Products Market Size, by Region, 2017–2020 (USD Million)
Table 24 Alginate: Algae Products Market Size, by Region, 2021–2026 (USD Million)
8.7 Other Types
8.7.1 Agar Finds Application As A Thickening and Stabilizing Agent
Table 25 Other Types: Algae Products Market Size, by Region, 2017–2020 (USD Million)
Table 26 Other Types: Algae Products Market Size, by Region, 2021–2026 (USD Million)
9 Algae Products Market, by form
9.1 Introduction
Table 27 Algae Products Market Size, by form, 2017–2020 (USD Million)
Table 28 Algae Products Market Size, by form, 2021–2026 (USD Million)
Figure 33 Solid Segment To Account for A Larger Share In the Algae Products Market
9.1.1 COVID-19 Impact On the Algae Products Market, by form
9.1.1.1 Realistic Scenario
Table 29 Realistic Scenario: Algae Products Market Size, by form, 2019–2022 (USD Million)
9.1.1.2 Optimistic Scenario
Table 30 Optimistic Scenario: Algae Products Market Size, by form, 2019–2022 (USD Million)
9.1.1.3 Pessimistic scenario
Table 31 Pessimistic Scenario: Algae Products Market Size, by form, 2019–2022 (USD Million)
9.2 Solid
9.2.1 Increased Shelf Life of Algae Products In the Solid form
Table 32 Solid form: Algae Products Market Size, by Region, 2017–2020 (USD Million)
Table 33 Solid form: Algae Products Market Size, by Region, 2021–2026 (USD Million)
9.3 Liquid
9.3.1 Growing Applications In Pharmaceuticals
Table 34 Liquid form: Algae Products Market Size, by Region, 2017–2020 (USD Million)
Table 35 Liquid form: Algae Products Market Size, by Region, 2021–2026 (USD Million)
10 Algae Products Market, by Source
10.1 Introduction
Table 36 Characteristics of Different Algae, by Phylum/Class
Table 37 Algae Products Market Size, by Source, 2017–2020 (USD Million)
Table 38 Algae Products Market Size, by Source, 2021–2026 (USD Million)
Figure 34 Brown Algae Segment Estimated To Account for A Larger Share In 2021
10.1.1 COVID-19 Impact On the Algae Products Market, by Source
10.1.1.1 Realistic scenario
Table 39 Realistic Scenario: Algae Products Market Size, by Source, 2019–2022 (USD Million)
10.1.1.2 Optimistic scenario
Table 40 Optimistic Scenario: Algae Products Market Size, by Source, 2019–2022 (USD Million)
10.1.1.3 Pessimistic scenario
Table 41 Pessimistic Scenario: Algae Products Market Size, by Source, 2019–2022 (USD Million)
10.2 Brown Algae
10.2.1 Fucoxanthin Driving the Growth of Brown Algae
10.2.2 Carotenoids: Fucoxanthin
10.2.3 Phlorotannins
Table 42 Brown Algae Products Market Size, by Region, 2017–2020 (USD Million)
Table 43 Brown Algae Products Market Size, by Region, 2021–2026 (USD Million)
10.3 Blue-Green Algae
10.3.1 Functional Properties of Blue-Green Algae Driving the Market
Table 44 Blue-Green Algae Products Market Size, by Region, 2017–2020 (USD Million)
Table 45 Blue-Green Algae Products Market Size, by Region, 2021–2026 (USD Million)
10.4 Red Algae
10.4.1 Growing Industrial Applications of Carrageenan Driving the Growth of Red Algae
10.4.2 Porphyra Spp.
10.4.3 Palmaria Palmata
Table 46 Red Algae Products Market Size, by Region, 2017–2020 (USD Million)
Table 47 Red Algae Products Market Size, by Region, 2021–2026 (USD Million)
10.5 Green Algae
10.5.1 Growing Consumption of Omega-3 Driving the Green Algae Market
Table 48 Green Algae Products Market Size, by Region, 2017–2020 (USD Million)
Table 49 Green Algae Products Market Size, by Region, 2021–2026 (USD Million)
10.6 Other Sources
Table 50 Other Sources Market Size, by Region, 2017–2020 (USD Million)
Table 51 Other Sources Market Size, by Region, 2021–2026 (USD Million)
11 Algae Products Market, by Application
11.1 Introduction
Figure 35 Algae Products Market Size, by Application, 2021 Vs. 2026 (USD Million)
Table 52 Algae Products Market Size, by Application, 2017–2020 (USD Million)
Table 53 Algae Products Market Size, by Application, 2021–2026 (USD Million)
11.1.1 COVID-19 Impact On Algae Products Market, by Application
11.1.1.1 Realistic Scenario
Table 54 Realistic Scenario: COVID-19 Impact On the Algae Products Market Size, by Application, 2019–2022 (USD Million)
11.1.1.2 Pessimistic Scenario
Table 55 Pessimistic Scenario: COVID-19 Impact On the Algae Products Market Size, by Application, 2019–2022 (USD Million)
11.1.1.3 Optimistic Scenario
Table 56 Optimistic Scenario: COVID-19 Impact On the Algae Products Market Size, by Application, 2019–2022 (USD Million)
11.2 Food & Beverages
11.2.1 Popularity of Healthy Beverages and Plant-Sourced Food Products
Table 57 Food & Beverages: Algae Products Market Size, by Region, 2017–2020 (USD Million)
Table 58 Food & Beverages: Algae Products Market Size, by Region, 2021–2026 (USD Million)
11.3 Nutraceuticals & Dietary Supplements
11.3.1 Algae-Based Omega-3 Supplements Gaining Popularity
Table 59 Nutraceuticals & Dietary Supplements: Algae Products Market Size, by Region, 2017–2020 (USD Million)
Table 60 Nutraceuticals & Dietary Supplements: Algae Products Market Size, by Region, 2021–2026 (USD Million)
11.4 Feed
11.4.1 Algae Products Are Widely Used In Aquaculture
Table 61 Feed: Algae Products Market Size, by Region, 2017–2020 (USD Million)
Table 62 Feed: Algae Products Market Size, by Region, 2021–2026 (USD Million)
11.5 Personal Care Products
11.5.1 Anti-Inflammatory Properties of Algae Driving the Personal Care Segment
Table 63 Personal Care Products: Algae Products Market Size, by Region, 2017–2020 (USD Million)
Table 64 Personal Care Products: Algae Products Market Size, by Region, 2021–2026 (USD Million)
11.6 Pharmaceuticals
11.6.1 Antibiotic Properties of Algae Products Fueling their Demand for Use In Pharmaceutical Applications
Table 65 Pharmaceuticals: Algae Products Market Size, by Region, 2017–2020 (USD Million)
Table 66 Pharmaceuticals: Algae Products Market Size, by Region, 2021–2026 (USD Million)
11.7 Other Applications
11.7.1 Algae Products Find Increasing Application In Textiles and Fertilizers
Table 67 Other Applications: Algae Products Market Size, by Region, 2017–2020 (USD Million)
Table 68 Other Applications: Algae Products Market Size, by Region, 2021–2026 (USD Million)
12 Algae Products Market, by Region
12.1 Introduction
Figure 36 India and China To Record Significant Growth During the forecast Period
Table 69 Algae Products Market Size, by Region, 2017–2020 (USD Million)
Table 70 Algae Products Market Size, by Region, 2021–2026 (USD Million)
12.1.1 COVID-19 Impact On the Algae Products Market, by Region
12.1.1.1 Realistic Scenario
Table 71 Realistic Scenario: COVID-19 Impact On the Algae Products Market Size, by Region, 2019–2022 (USD Million)
12.1.1.2 Pessimistic Scenario
Table 72 Pessimistic Scenario: COVID-19 Impact On the Algae Products Market Size, by Region, 2019–2022 (USD Million)
12.1.1.3 Optimistic Scenario
Table 73 Optimistic Scenario: COVID-19 Impact On the Algae Products Market Size, by Region, 2019–2022 (USD Million)
12.2 North America
Figure 37 North America: Algae Products Market Snapshot
Table 74 North America: Algae Products Market Size, by Country, 2017–2020 (USD Million)
Table 75 North America: Algae Products Market Size, by Country, 2021–2026 (USD Million)
Table 76 North America: Algae Products Market Size, by Type, 2017–2020 (USD Million)
Table 77 North America: Algae Products Market Size, by Type, 2021–2026 (USD Million)
Table 78 North America: Algae Products Market Size, by Source, 2017–2020 (USD Million)
Table 79 North America: Algae Products Market Size, by Source, 2021–2026 (USD Million)
Table 80 North America: Algae Products Market Size, by form, 2017–2020 (USD Million)
Table 81 North America: Algae Products Market Size, by form, 2021–2026 (USD Million)
Table 82 North America: Algae Products Market Size, by Application, 2017–2020 (USD Million)
Table 83 North America: Algae Products Market Size, by Application, 2021–2026 (USD Million)
12.2.1 US
12.2.1.1 Rising applications of algae products in food & beverages, nutraceuticals, and personal care products
Table 84 US: Algae Products Market Size, by Type, 2017–2020 (USD Million)
Table 85 US: Algae Products Market Size, by Type, 2021–2026 (USD Million)
12.2.2 Canada
12.2.2.1 Rising preference for plant-based alternatives augmenting the algae products market
Table 86 Canada: Algae Products Market Size, by Type, 2017–2020 (USD Million)
Table 87 Canada: Algae Products Market Size, by Type, 2021–2026 (USD Million)
12.2.3 Mexico
12.2.3.1 Dietary concerns to trigger the demand for algae products
Table 88 Mexico: Algae Products Market Size, by Type, 2017–2020 (USD Million)
Table 89 Mexico: Algae Products Market Size, by Type, 2021–2026 (USD Million)
12.3 Europe
Figure 38 Europe: Algae Products Market Snapshot
Table 90 Europe: Algae Products Market Size, by Country, 2017–2020 (USD Million)
Table 91 Europe: Algae Products Market Size, by Country, 2021–2026 (USD Million)
Table 92 Europe: Algae Products Market Size, by Type, 2017–2020 (USD Million)
Table 93 Europe: Algae Products Market Size, by Type, 2021–2026 (USD Million)
Table 94 Europe: Algae Products Market Size, by Source, 2017–2020 (USD Million)
Table 95 Europe: Algae Products Market Size, by Source, 2021–2026 (USD Million)
Table 96 Europe: Algae Products Market Size, by form, 2017–2020 (USD Million)
Table 97 Europe: Algae Products Market Size, by form, 2021–2026 (USD Million)
Table 98 Europe: Algae Products Market Size, by Application, 2017–2020 (USD Million)
Table 99 Europe: Algae Products Market Size, by Application, 2021–2026 (USD Million)
12.3.1 Germany
12.3.1.1 Sports nutrition and animal feed are attractive industries for algae products
Table 100 Germany: Algae Products Market Size, by Type, 2017–2020 (USD Million)
Table 101 Germany: Algae Products Market Size, by Type, 2021–2026 (USD Million)
12.3.2 France
12.3.2.1 Reliance on algae imports driving the market for local algae products
Table 102 France: Algae Products Market Size, by Type, 2017–2020 (USD Million)
Table 103 France: Algae Products Market Size, by Type, 2021–2026 (USD Million)
12.3.3 Spain
12.3.3.1 Food & beverage industry posing immense scope for the growth of algae products
Table 104 Spain: Algae Products Market Size, by Type, 2017–2020 (USD Million)
Table 105 Spain: Algae Products Market Size, by Type, 2021–2026 (USD Million)
12.3.4 UK
12.3.4.1 Rising awareness about algae products
Table 106 UK: Algae Products Market Size, by Type, 2017–2020 (USD Million)
Table 107 UK: Algae Products Market Size, by Type, 2021–2026 (USD Million)
12.3.5 Italy
12.3.5.1 Increasing investments and expansions by market players
Table 108 Italy: Algae Products Market Size, by Type, 2017–2020 (USD Million)
Table 109 Italy: Algae Products Market Size, by Type, 2021–2026 (USD Million)
12.3.6 Rest of Europe
12.3.6.1 Significant R&D activities expected to propel the market
Table 110 Rest of Europe: Algae Products Market Size, by Type, 2017–2020 (USD Million)
Table 111 Rest of Europe: Algae Products Market Size, by Type, 2021–2026 (USD Million)
12.4 Asia Pacific
Figure 39 Asia Pacific: Algae Products Market Snapshot
Table 112 Asia Pacific: Algae Products Market Size, by Country/Region, 2017–2020 (USD Million)
Table 113 Asia Pacific: Algae Products Market Size, by Country/Region, 2021–2026 (USD Million)
Table 114 Asia Pacific: Algae Products Market Size, by Type, 2017–2020 (USD Million)
Table 115 Asia Pacific: Algae Products Market Size, by Type, 2021–2026 (USD Million)
Table 116 Asia Pacific: Algae Products Market Size, by Source, 2017–2020 (USD Million)
Table 117 Asia Pacific: Algae Products Market Size, by Source, 2021–2026 (USD Million)
Table 118 Asia Pacific: Algae Products Market Size, by form, 2017–2020 (USD Million)
Table 119 Asia Pacific: Algae Products Market Size, by form, 2021–2026 (USD Million)
Table 120 Asia Pacific: Algae Products Market Size, by Application, 2017–2020 (USD Million)
Table 121 Asia Pacific: Algae Products Market Size, by Application, 2021–2026 (USD Million)
12.4.1 China
12.4.1.1 Aquaculture industry fueling the demand for algae products
Table 122 China: Algae Products Market Size, by Type, 2017–2020 (USD Million)
Table 123 China: Algae Products Market Size, by Type, 2021–2026 (USD Million)
12.4.2 Japan
12.4.2.1 Algae products gaining immense popularity as food and beverages
Table 124 Japan: Algae Products Market Size, by Type, 2017–2020 (USD Million)
Table 125 Japan: Algae Products Market Size, by Type, 2021–2026 (USD Million)
12.4.3 India
12.4.3.1 Presence of key market players strengthening the algae products market
Table 126 India: Algae Products Market Size, by Type, 2017–2020 (USD Million)
Table 127 India: Algae Products Market Size, by Type, 2021–2026 (USD Million)
12.4.4 Australia & New Zealand
12.4.4.1 Rising awareness about algae products
Table 128 Australia & New Zealand: Algae Products Market Size, by Type, 2017–2020 (USD Million)
Table 129 Australia & New Zealand: Algae Products Market Size, by Type, 2021–2026 (USD Million)
12.4.5 Rest of Asia Pacific
12.4.5.1 Growing aquaculture sector expected to augment the algae products market
Table 130 Rest of Asia Pacific: Algae Products Market Size, by Type, 2017–2020 (USD Million)
Table 131 Rest of Asia Pacific: Algae Products Market Size, by Type, 2021–2026 (USD Million)
12.5 South America
Table 132 South America: Algae Products Market Size, by Region, 2017–2020 (USD Million)
Table 133 South America: Algae Products Market Size, by Region, 2021–2026 (USD Million)
Table 134 South America: Algae Products Market Size, by Type, 2017–2020 (USD Million)
Table 135 South America: Algae Products Market Size, by Type, 2021–2026 (USD Million)
Table 136 South America: Algae Products Market Size, by Source, 2017–2020 (USD Million)
Table 137 South America: Algae Products Market Size, by Source, 2021–2026 (USD Million)
Table 138 South America: Algae Products Market Size, by form, 2017–2020 (USD Million)
Table 139 South America: Algae Products Market Size, by form, 2021–2026 (USD Million)
Table 140 South America: Algae Products Market Size, by Application, 2017–2020 (USD Million)
Table 141 South America: Algae Products Market Size, by Application, 2021–2026 (USD Million)
12.5.1 Brazil
12.5.1.1 Rising per capita income fueling the demand for quality algae products
Table 142 Brazil: Algae Products Market Size, by Type, 2017–2020 (USD Million)
Table 143 Brazil: Algae Products Market Size, by Type, 2021–2026 (USD Million)
12.5.2 Argentina
12.5.2.1 Increase in the adoption of vegan diets providing an avenue for algae products
Table 144 Argentina: Algae Products Market Size, by Type, 2017–2020 (USD Million)
Table 145 Argentina: Algae Products Market Size, by Type, 2021–2026 (USD Million)
12.5.3 Rest of South America
12.5.3.1 Influence of health and wellness trends contributing to market growth
Table 146 Rest of South America: Algae Products Market Size, by Type, 2017–2020 (USD Million)
Table 147 Rest of South America: Algae Products Market Size, by Type, 2021–2026 (USD Million)
12.6 Rest of the World
Table 148 RoW: Algae Products Market Size, by Region, 2017–2020 (USD Million)
Table 149 RoW: Algae Products Market Size, by Region, 2021–2026 (USD Million)
Table 150 RoW: Algae Products Market Size, by Type, 2017–2020 (USD Million)
Table 151 RoW: Algae Products Market Size, by Type, 2021–2026 (USD Million)
Table 152 RoW: Algae Products Market Size, by Source, 2017–2020 (USD Million)
Table 153 RoW: Algae Products Market Size, by Source, 2021–2026 (USD Million)
Table 154 RoW: Algae Products Market Size, by form, 2017–2020 (USD Million)
Table 155 RoW: Algae Products Market Size, by form, 2021–2026 (USD Million)
Table 156 RoW: Algae Products Market Size, by Application, 2017–2020 (USD Million)
Table 157 RoW: Algae Products Market Size, by Application, 2021–2026 (USD Million)
12.6.1 Africa
12.6.1.1 Prevalence of malnutrition resulting in concerned authorities providing food products, including dietary supplements infused with algae
Table 158 Africa: Algae Products Market Size, by Type, 2017–2020 (USD Million)
Table 159 Africa: Algae Products Market Size, by Type, 2021–2026 (USD Million)
12.6.2 Middle East
12.6.2.1 The Middle Eastern region shows immense scope for growth of algae products market in the nutraceutical sector
Table 160 Middle East: Algae Products Market Size, by Type, 2017–2020 (USD Million)
Table 161 Middle East: Algae Products Market Size, by Type, 2021–2026 (USD Million)
13 Competitive Landscape
13.1 Key Player Strategies/Right To Win
Table 162 Overview of Strategies Adopted by Key Players offering Algae Products
13.2 Revenue Analysis
Figure 40 Revenue Analysis for Key Companies In the Past Three Years
13.3 Market Share Analysis, 2020
Figure 41 Algae Products Market: Market Share Analysis
Table 163 Algae Products Market: Degree of Competition
13.4 Company Evaluation Quadrant
13.4.1 Stars
13.4.2 Pervasive Players
13.4.3 Emerging Leaders
13.4.4 Participants
Figure 42 Algae Products Market (Global) Company Evaluation Matrix, 2020
13.5 Competitive Benchmarking
Table 164 Company Footprint (25 Companies)
Table 165 Company Application Footprint (25 Companies)
Table 166 Company Region Footprint (25 Companies)
Table 167 Company Product Footprint (25 Companies)
13.6 Company Evaluation Quadrant (Start-Ups/SMEs)
13.6.1 Progressive Companies
13.6.2 Starting Blocks
13.6.3 Responsive Companies
13.6.4 Dynamic Companies
Figure 43 Algae Products Market: Company Evaluation Quadrant for Start-Ups/SMEs, 2020
13.7 Competitive Scenario and Trends
13.7.1 Product Launches
Table 168 Algae Products Market: Product Launches, 2020
13.7.2 Deals
Table 169 Algae Products Market: Deals, 2019
14 Company Profiles
(Business overview, Products offered, Recent developments, Swot analysis & MnM View)*
14.1 Key Players
14.1.1 DSM
Table 170 DSM: Business Overview
Figure 44 DSM: Company Snapshot
14.1.2 BASF
Table 171 BASF: Business Overview
Figure 45 BASF: Company Snapshot
14.1.3 Cyanotech Corporation
Table 172 Cyanotech Corporation: Business Overview
Figure 46 Cyanotech Corporation: Company Snapshot
Table 173 Cyanotech Corporation: Product Launches
14.1.4 Cargill
Table 174 Cargill: Business Overview
Table 175 Cargill: Product Launches
14.1.5 Dupont
Table 176 Dupont: Business Overview
Figure 47 Dupont: Company Snapshot
14.1.6 Cp Kelco
Table 177 Cp Kelco: Business Overview
14.1.7 Corbion
Table 178 Corbion: Business Overview
Figure 48 Corbion: Company Snapshot
Table 179 Corbion: Deals
14.1.8 Fenchem Biotech
Table 180 Fenchem Biotek: Business Overview
14.1.9 Algatech
Table 181 Algatech: Business Overview
Table 182 Algatech: Deals
14.1.10 E.I.D Parry
Table 183 E.I.D. Parry: Business Overview
Figure 49 E.I.D Parry: Company Snapshot
*Details on Business overview, Products offered, Recent developments, Swot analysis & MnM View might not be captured in case of unlisted companies.
14.2 Other Players
14.2.1 Algea
Table 184 Algea: Company Overview
14.2.2 Spira
Table 185 Spira: Company Overview
14.2.3 Algenol
Table 186 Algenol: Company Overview
14.2.4 Cellana
Table 187 Cellana: Company Overview
14.2.5 Algaecan Biotech Ltd.
Table 188 Algaecan Biotech Ltd.: Company Overview
14.2.6 Earthrise Nutrionals Llc
Table 189 Earthrise Nutritionals Llc: Company Overview
14.2.7 TBK Manufacturing Corporation
Table 190 TBK Manufacturing Corporation: Company Overview
14.2.8 Accel Carrageenan Corporation
Table 191 Accel Carrageenan Corporation: Company Overview
14.2.9 Karaindo
Table 192 Karaindo: Company Overview
14.2.10 Astareal AB
Table 193 Astareal AB: Company Overview
15 Adjacent & Related Markets
15.1 Introduction
Table 194 Adjacent Markets – Algae Products Market
15.2 Limitations
15.3 Carotenoids Market
15.3.1 Market Definition
15.3.2 Market Overview
15.4 Carotenoids Market, by Type
15.4.1 Introduction
Table 195 Carotenoids Market Size, by Type, 2017–2026 (USD Million)
15.5 Omega-3 Market
15.5.1 Market Definition
15.5.2 Market Overview
15.5.3 Omega-3 Market, by Type
Table 196 Omega-3 Market Size, by Type, 2017–2025 (USD Million)
16 Appendix
16.1 Discussion Guide
16.2 Knowledge Store: The Subscription Portal
16.3 Available Customizations
16.4 Related Reports
16.5 Author Details

Executive Summary

Companies Mentioned

  • Accel Carrageenan Corporation
  • Algaecan Biotech Ltd.
  • Algatech
  • Algea
  • Algenol
  • Astareal AB
  • BASF
  • Cargill
  • Cellana
  • Corbion
  • CP Kelco
  • Cyanotech Corporation
  • DSM
  • DuPont
  • E.I.D Parry
  • Earthrise Nutrionals Llc
  • Fenchem Biotech
  • Karaindo
  • Spira
  • TBK Manufacturing Corporation

Methodology

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