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Global Algaculture Market, By Type of Algae (Microalgae v/s Macroalgae), By Technique (Monoculture, Mixed Culture, Serial Dilution, Others), By Application (Fertilizers, Feed, Food Coloring, Pharmaceuticals, Others), By Region, Competition Forecast and Opportunities, 2017-2027

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    Report

  • 112 Pages
  • April 2022
  • Region: Global
  • TechSci Research
  • ID: 5575267
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Global algaculture market is anticipated to grow at a significant rate during the forecast period

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Global algaculture market is anticipated to grow at a significant rate during the forecast period. The growth can be attributed to the rising demands for high-yielding crops and growing utilization of various organic methods to enhance crop productivity. Algae can be used to fulfill various necessities such as food, nutrition, fertilizer, bioplastics, pigment, chemical feedstock, pharmaceuticals, pollution control, natural food colors & dyes, etc. Algae can grow ten times more rapidly than terrestrial plants and require one-tenth of the land, which makes algaculture sustainable and environment-friendly. Cultivation of algae like phytoplankton, microphytes, seaweed, etc., for commercial and industrial purposes due to hygienic concerns and the growing requirement for inoculant ingredients, are propelling the growth of the global algaculture market. Many high-value and niche-market products are being produced due to anticarcinogenic, anti-inflammatory properties, and unusual nutritional properties of algae, which is expected to drive the growth of the global algaculture market in the coming years. Growing demand for algae from various end user industries such as pharmaceutical, packaging, power generation, chemical, and other industries are further contributing to the growth of the global algaculture market. Technological advancements in aquaculture practices and rising demand to grow microalgae rapidly for its derived products or services are supporting the global aquaculture market growth. Companies involved in algaculture are investing in R&D activities to further improve the yield and create algae monocultures, which is propelling the growth of the global algaculture market.

The global algaculture market segmentation is based on type of algae, technique, application, regional distribution, and competitive Landscape. Based on type of algae, the market is divided between microalgae and macroalgae. Microalgae is expected to dominate the global algaculture market due to its increased use in pet food, cosmetics, and other end-user industries. Based on region, the Asia-Pacific market is anticipated to hold the largest share in the global algaculture market owing to ease of availability of raw materials, favorable climatic conditions, low labor costs, etc.

Companies dominating the global algaculture market include Marigan Holding B.V., Prolgae Spirulina Supplies Pvt. Ltd., Swedish Algae Factory Ab, Monzon Biotech S.L., Algatech Ltd., etc. Companies involved in the global algaculture industry are increasingly investing in developing new technologies to further improve the yield of algaculture to sustain growth.

Years Considered for This Report:

  • Historical Years: 2017-2020
  • Base Year: 2021
  • Estimated Year: 2022
  • Forecast Period: 2023-2027

Objective of the Study:

  • To analyze the historical growth in the market size of global algaculture market from 2017 to 2021
  • To estimate and forecast the market size of global algaculture market from 2022 to 2027 and growth rate until 2027
  • To classify and forecast global algaculture market based on product type, application, fuel type, region, and competitive Landscape
  • To identify dominant region or segment in the global algaculture market
  • To identify drivers and challenges for global algaculture market
  • To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc, in global algaculture market
  • To identify and analyze the profile of leading players operating in global algaculture market
  • To identify key sustainable strategies adopted by market players in global algaculture market

Report Scope:


In this report, global algaculture market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

Algaculture Market, By Type of Algae:

  • Microalgae
  • Macroalgae

Algaculture Market, By Technique:

  • Monoculture
  • Mixed Culture
  • Serial Dilution
  • Others

Algaculture Market, By Application:

  • Fertilizers
  • Feed
  • Food Coloring
  • Pharmaceuticals
  • Others

Algaculture Market, By Region:


North America

  • United States
  • Mexico
  • Canada
  • Europe
  • France
  • Germany
  • United Kingdom
  • Italy
  • Spain

Asia-Pacific

  • China
  • India
  • Japan
  • South Korea
  • Australia

Middle East & Africa

  • South Africa
  • Saudi Arabia
  • UAE
  • Israel

South America

  • Brazil
  • Argentina
  • Colombia

The publisher performed both primary as well as exhaustive secondary research for this study. Initially, the publisher sourced a list of service providers across the country. Subsequently, the publisher conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, the publisher was not able to include the service providers who could not be identified due to the limitations of secondary research. The publisher analyzed the service providers, distribution channels and presence of all major players across the country.

The publisher calculated the market size of global algaculture market using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. The publisher sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by the publisher.

Key Target Audience:

  • Global algaculture service providers
  • Raw material suppliers
  • Research organizations and consulting companies
  • Research Institutes
  • Industry associations
  • Market research and consulting firm

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as service providers, partners, end users, etc. besides allowing them in strategizing investments and capitalizing on market opportunities.

Competitive Landscape

  • Company Profiles: Detailed analysis of the major companies present in global algaculture market

Available Customizations:


With the given market data, the publisher offers customizations according to a company’s specific needs. The following customization options are available for the report:
  • Company Information
  • Detailed analysis and profiling of additional market players (up to five)


This product will be delivered within 1-3 business days.

Table of Contents

1. Product Overview2. Research Methodology3. Executive Summary
4. Voice of Customer
4.1. Preferred Techniques for Algaculture
4.2. Factors Contributing to the Demand for Algaculture
4.3. Physical Factors Required for Growing Algae
4.4. Commonly Cultivated Macroalgae Species
4.5. Commonly Cultivated Microalgae Species
4.6. Demand for Algaculture, By Industry
4.7. Barriers to Adoption of Algaculture
5. Impact of COVID-19 on Global Algaculture Market
6. Global Algaculture Market Outlook
6.1. Market Size & Forecast
6.1.1. By Value
6.2. Market Share & Forecast
6.2.1. By Type of Algae (Microalgae v/s Macroalgae)
6.2.2. By Technique (Monoculture, Mixed Culture, Serial Dilution, Others)
6.2.3. By Application (Fertilizers, Feed, Food Coloring, Pharmaceuticals, Others)
6.2.4. By Region
6.2.5. By Company (2021)
6.3. Market Map
7. North America Algaculture Market Outlook
7.1. Market Size & Forecast
7.1.1. By Value
7.2. Market Share & Forecast
7.2.1. By Type of Algae
7.2.2. By Technique
7.2.3. By Application
7.2.4. By Country
7.3. North America: Country Analysis
7.3.1. United States Algaculture Market Outlook
7.3.1.1. Market Size & Forecast
7.3.1.1.1. By Value
7.3.1.2. Market Share & Forecast
7.3.1.2.1. By Type of Algae
7.3.1.2.2. By Technique
7.3.1.2.3. By Application
7.3.2. Mexico Algaculture Market Outlook
7.3.2.1. Market Size & Forecast
7.3.2.1.1. By Value
7.3.2.2. Market Share & Forecast
7.3.2.2.1. By Type of Algae
7.3.2.2.2. By Technique
7.3.2.2.3. By Application
7.3.3. Canada Algaculture Market Outlook
7.3.3.1. Market Size & Forecast
7.3.3.1.1. By Value
7.3.3.2. Market Share & Forecast
7.3.3.2.1. By Type of Algae
7.3.3.2.2. By Technique
7.3.3.2.3. By Application
8. Europe Algaculture Market Outlook
8.1. Market Size & Forecast
8.1.1. By Value
8.2. Market Share & Forecast
8.2.1. By Type of Algae
8.2.2. By Technique
8.2.3. By Application
8.2.4. By Country
8.3. Europe: Country Analysis
8.3.1. France Algaculture Market Outlook
8.3.1.1. Market Size & Forecast
8.3.1.1.1. By Value
8.3.1.2. Market Share & Forecast
8.3.1.2.1. By Type of Algae
8.3.1.2.2. By Technique
8.3.1.2.3. By Application
8.3.2. United Kingdom Algaculture Market Outlook
8.3.2.1. Market Size & Forecast
8.3.2.1.1. By Value
8.3.2.2. Market Share & Forecast
8.3.2.2.1. By Type of Algae
8.3.2.2.2. By Technique
8.3.2.2.3. By Application
8.3.3. Italy Algaculture Market Outlook
8.3.3.1. Market Size & Forecast
8.3.3.1.1. By Value
8.3.3.2. Market Share & Forecast
8.3.3.2.1. By Type of Algae
8.3.3.2.2. By Technique
8.3.3.2.3. By Application
8.3.4. Germany Algaculture Market Outlook
8.3.4.1. Market Size & Forecast
8.3.4.1.1. By Value
8.3.4.2. Market Share & Forecast
8.3.4.2.1. By Type of Algae
8.3.4.2.2. By Technique
8.3.4.2.3. By Application
8.3.5. Spain Algaculture Market Outlook
8.3.5.1. Market Size & Forecast
8.3.5.1.1. By Value
8.3.5.2. Market Share & Forecast
8.3.5.2.1. By Type of Algae
8.3.5.2.2. By Technique
8.3.5.2.3. By Application
9. Asia-Pacific Algaculture Market Outlook
9.1. Market Size & Forecast
9.1.1. By Value
9.2. Market Share & Forecast
9.2.1. By Type of Algae
9.2.2. By Technique
9.2.3. By Application
9.2.4. By Country
9.3. Asia-Pacific: Country Analysis
9.3.1. China Algaculture Market Outlook
9.3.1.1. Market Size & Forecast
9.3.1.1.1. By Value
9.3.1.2. Market Share & Forecast
9.3.1.2.1. By Type of Algae
9.3.1.2.2. By Technique
9.3.1.2.3. By Application
9.3.2. India Algaculture Market Outlook
9.3.2.1. Market Size & Forecast
9.3.2.1.1. By Value
9.3.2.2. Market Share & Forecast
9.3.2.2.1. By Type of Algae
9.3.2.2.2. By Technique
9.3.2.2.3. By Application
9.3.3. Japan Algaculture Market Outlook
9.3.3.1. Market Size & Forecast
9.3.3.1.1. By Value
9.3.3.2. Market Share & Forecast
9.3.3.2.1. By Type of Algae
9.3.3.2.2. By Technique
9.3.3.2.3. By Application
9.3.4. South Korea Algaculture Market Outlook
9.3.4.1. Market Size & Forecast
9.3.4.1.1. By Value
9.3.4.2. Market Share & Forecast
9.3.4.2.1. By Type of Algae
9.3.4.2.2. By Technique
9.3.4.2.3. By Application
9.3.5. Australia Algaculture Market Outlook
9.3.5.1. Market Size & Forecast
9.3.5.1.1. By Value
9.3.5.2. Market Share & Forecast
9.3.5.2.1. By Type of Algae
9.3.5.2.2. By Technique
9.3.5.2.3. By Application
10. South America Algaculture Market Outlook
10.1. Market Size & Forecast
10.1.1. By Value
10.2. Market Share & Forecast
10.2.1. By Type of Algae
10.2.2. By Technique
10.2.3. By Application
10.2.4. By Country
10.3. South America: Country Analysis
10.3.1. Brazil Algaculture Market Outlook
10.3.1.1. Market Size & Forecast
10.3.1.1.1. By Value
10.3.1.2. Market Share & Forecast
10.3.1.2.1. By Type of Algae
10.3.1.2.2. By Technique
10.3.1.2.3. By Application
10.3.2. Argentina Algaculture Market Outlook
10.3.2.1. Market Size & Forecast
10.3.2.1.1. By Value
10.3.2.2. Market Share & Forecast
10.3.2.2.1. By Type of Algae
10.3.2.2.2. By Technique
10.3.2.2.3. By Application
10.3.3. Colombia Algaculture Market Outlook
10.3.3.1. Market Size & Forecast
10.3.3.1.1. By Value
10.3.3.2. Market Share & Forecast
10.3.3.2.1. By Type of Algae
10.3.3.2.2. By Technique
10.3.3.2.3. By Application
11. Middle East and Africa Algaculture Market Outlook
11.1. Market Size & Forecast
11.1.1. By Value
11.2. Market Share & Forecast
11.2.1. By Type of Algae
11.2.2. By Technique
11.2.3. By Application
11.2.4. By Country
11.3. MEA: Country Analysis
11.3.1. South Africa Algaculture Market Outlook
11.3.1.1. Market Size & Forecast
11.3.1.1.1. By Value
11.3.1.2. Market Share & Forecast
11.3.1.2.1. By Type of Algae
11.3.1.2.2. By Technique
11.3.1.2.3. By Application
11.3.2. UAE Algaculture Market Outlook
11.3.2.1. Market Size & Forecast
11.3.2.1.1. By Value
11.3.2.2. Market Share & Forecast
11.3.2.2.1. By Type of Algae
11.3.2.2.2. By Technique
11.3.2.2.3. By Application
11.3.3. Saudi Arabia Algaculture Market Outlook
11.3.3.1. Market Size & Forecast
11.3.3.1.1. By Value
11.3.3.2. Market Share & Forecast
11.3.3.2.1. By Type of Algae
11.3.3.2.2. By Technique
11.3.3.2.3. By Application
11.3.4. Israel Algaculture Market Outlook
11.3.4.1. Market Size & Forecast
11.3.4.1.1. By Value
11.3.4.2. Market Share & Forecast
11.3.4.2.1. By Type of Algae
11.3.4.2.2. By Technique
11.3.4.2.3. By Application
12. Market Dynamics
12.1. Drivers
12.2. Challenges
13. Market Trends and Developments
14. Competitive Landscape
14.1. Competition Outlook
14.2. Company Profiles
14.2.1. Marigan Holding B.V.
14.2.2. Prolgae Spirulina Supplies Pvt. Ltd.
14.2.3. Swedish Algae Factory Ab
14.2.4. Monzon Biotech S.L.
14.2.5. Algatech Ltd.
15. Strategic Recommendations

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Marigan Holding B.V.
  • Prolgae Spirulina Supplies Pvt. Ltd.
  • Swedish Algae Factory Ab
  • Monzon Biotech S.L.
  • Algatech Ltd.

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