Research Reports
Algae Products Market Report 2021-26: Industry Share, Size, Growth and Forecast
According to the latest report by IMARC Group, titled, “Algae Products Market Trends: Global Industry, Share, Size, Growth, Opportunity and Forecast 2021-2026“, the global algae products market exhibited strong growth during 2015-2020. Looking forward, IMARC Group expects the market to grow at a CAGR of around 5% during 2021-2026.
Algae products refer to the essential sources of minerals, vitamins, fatty acids, etc., that are widely utilized in the preparation of dietary supplements. They have numerous beneficial properties, including being antioxidant, antihypertensive, anticoagulant, antiproliferative, immunostimulatory, etc. These products help in increasing dopamine, preventing diseases, healing wounds, promoting healthy skin, etc. Moreover, algae products find extensive applications in food products and beverages as stabilizers, emulsifiers, thickeners, main ingredients, flavoring agents, etc.
Get a PDF Sample for more detailed market insights: https://www.imarcgroup.com/algae-products-market/requestsample
Market Trends
The elevating global population levels, coupled with the rising prevalence of chronic diseases, are among the primary factors driving the algae products market. Moreover, the changing consumer lifestyles and the rising popularity of healthy food products and dietary supplements are further augmenting the market growth. Besides this, algae products are being increasingly used in the sequestering and removing of pollutants, such as nutrients, heavy metals, xenobiotics, etc., from wastewater. Additionally, their surging adoption in the beauty and personal care sector for detoxifying, cleansing, and toning the skin, as well as for improving skin elasticity and suppleness, aiding the renewal of damaged skin cells, etc., is bolstering the product demand. Furthermore, due to their abundant, resilient, and cost-effective nature, they are being utilized in biologic drugs across the globe, which is also stimulating the market. Apart from this, the growing product adoption for producing livestock for aquaculture varieties, including fish for cultivation, is expected to catalyze the algae products market over the forecasted period.
Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the 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.
The report has segmented the market based on type, source, form, distribution channel and application.
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
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
· Data Wrangling Market- https://www.imarcgroup.com/data-wrangling-market
· Alopecia Treatment Market- https://www.imarcgroup.com/alopecia-treatment-market
· Anti-Rheumatics Market- https://www.imarcgroup.com/anti-rheumatics-market
· Push-to-Talk Over Cellular Market- https://www.imarcgroup.com/push-to-talk-over-cellular-market
· Auto Dimming Mirror Market- https://www.imarcgroup.com/auto-dimming-mirror-market
· Patient Handling Equipment Market- https://www.imarcgroup.com/patient-handling-equipment-market
· Security Testing Market- https://www.imarcgroup.com/security-testing-market
· Microbiome Sequencing Services Market- https://www.imarcgroup.com/microbiome-sequencing-services-market
· Ablation Devices Market- https://www.imarcgroup.com/ablation-devices-market
· Anticoagulants Market- https://www.imarcgroup.com/anticoagulants-market
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
Contact Us
30 N Gould St
Ste R
Sheridan, WY 82801
USA
Email: [email protected]
Website: https://www.imarcgroup.com
Follow us on twitter: @imarcglobal
-
Business4 days ago
The Future of Global Trade Will Be Green or Not at All
-
Banking4 days ago
The Future of Banking will be Personalized and Open
-
Technology4 days ago
Web2 vs Web3 – Why Integration is the Future of the Internet
-
Investing4 days ago
Private Equity Firms Embrace AI for Their Portfolio Companies