Algae Products Market PDF 2022: Industry Trends, Share, Size, Demand and Future Scope by 2027

Global Algae Products Market Author: Elena Anderson
Research and Forecast Report 2022- Marketing Manager
2027 IMARC GroupCopyright © IMARC Service Pvt Ltd. All Rights Reserved

© 2022 IMARC All Rights Reserved

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Report DescriRpetpioornt Description and Highlights

Global Algae Products Market Research Report 2022-2027:

According to the latest report by IMARC Group, titled “Algae Products Market: Global Industry
Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, the global algae products
market size reached US$ 1.7 Billion in 2021.

Algae products contain vitamins, minerals, and fatty acids, and are often made from seaweed,
chlorella, and kelp. An algae product is high in protein and contains necessary amino acids, which aid
the formation of enzymes in the human body. These compounds have antioxidant, antiproliferative,
antihypertensive, anticoagulant, and immunostimulatory effects, due to which they are widely
utilized in the preparation of dietary supplements.

The primary and secondary metabolites of algae are generally extracted as nutritional compounds,
whereas other products, such as agar, alginate, and hydrocolloids, are used as gelling, thickening,
suspending, and stabilizing agents.

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Global Algae Products Market Trends:

The global market is majorly driven by the augmenting demand for natural products in the
customization of functional food product portfolios by the key players. This can be attributed to the
growing consumption of algae-based feed and food supplements among the masses. In addition to this,
the rising consumer awareness regarding the health benefits associated with omega 3 and fatty acids is
resulting in a higher product uptake on the global level. Moreover, the rapid product utilization in
aquaculture feed for the production of livestock for aquaculture species is providing an impetus to the
market. The market is also propelled by the rising adoption of algae biofuel due to the continual
advancements in process technology.

Some of the other factors creating a positive market outlook include the expanding production abilities
and food manufacturing base, the increasing demand for vegan and organic products, inflating
disposable income levels and extensive research and development (R&D) activities. On account of the
aforementioned factors, the market is anticipated to reach a value of US$ 2.4 Billion by 2027, exhibiting
a CAGR of 5.49% during 2022-2027.

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Report DescriRpetpioornt Description and Highlights

Key Market Segmentation

The research report includes the following segments:

Breakup by Type:

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

Breakup by Source:

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

Breakup by Form:
•Solid
•Liquid

Report DescriRpetpioornt Description and Highlights

Breakup by Distribution Channel:

•Online
•Offline

Breakup by Application:

•Food and Beverages
•Nutraceuticals and Dietary Supplements
•Personal Care
•Feed
•Pharmaceuticals
•Chemicals
•Others

Breakup by Region:

•North America
•Asia Pacific
•Europe
•Latin America
•Middle East and Africa

Report DescriRpetpioornt Description and Highlights

Competitive Landscape with Key Players:

•ACCEL Carrageenan Corporation
•Algatechnologies Ltd
•Algenol
•Archer-Daniels-Midland Company
•BASF SE
•Caldic B.V.
•Cargill Incorporated
•Cellana Inc
•Corbion N.V.
•Cyanotech Corporation
•DuPont de Nemours Inc
•Koninklijke DSM N.V.
•TBK Manufacturing Corporation.

Report DesKceriypQtiuoenstions Answered in the Report

1. How has the global algae products market performed so far and how will it perform in the
coming years?

2. What has been the impact of COVID-19 on the global algae products market?
3. What are the key regional markets?
4. What is the breakup of the market based on the type?
5. What is the breakup of the market based on the source?
6. What is the breakup of the market based on the form?
7. What is the breakup of the market based on the distribution channel?
8. What is the breakup of the market based on the application?
9. What are the various stages in the value chain of the industry?
10. What are the key driving factors and challenges in the industry?
11. What is the structure of the global algae products market and who are the key players?
12. What is the degree of competition in the industry?

Report Description Table of Contents

1 Preface
2 Scope and Methodology

2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources

2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Algae Products Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast

Report Description Table of Contents

6 Market Breakup by Type
6.1 Lipids
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Carrageenan
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Carotenoids
6.3.1 Market Trends
6.3.2 Market Forecast
6.4 Algal Protein
6.4.1 Market Trends
6.4.2 Market Forecast
6.5 Alginate
6.5.1 Market Trends
6.5.2 Market Forecast
6.6 Others

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https://www.imarcgroup.com/algae-products-market/toc

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Report DescriRpetpioornt Description and Highlights

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