Global Algae Products Market Forecast to 2026 - Rising Demand for Algae Products from the Nutraceuticals and Pharmaceutical Industries

Dublin, March 28, 2019 (GLOBE NEWSWIRE) -- The "Algae Products - Global Market Outlook (2017-2026)" report has been added to's offering.

Global Algae Products market accounted for $3.40 billion in 2017 and is expected to reach $6.09 billion by 2026 growing at a CAGR of 6.7%.

Factors such as rising demand for algae products from the nutraceuticals and pharmaceutical industries, increase in global population and rising usage of microalgae pigments are driving the market. However, the impact of climatic conditions on algae production and rising health problems are hampering the market growth.

Algae are the new sustainable super ingredients that are poised to transform several large industries. Algae are fast growing plant organisms that convert sunlight, CO2, and nutrients into organic matter that can replace many commonly used oils such as fish, palm etc. It is an effective carbon sink, water nutrient filter, and land/water efficient source of food and fuel energy that is quickly being recognized as a sustainability solution around the globe.

Based on application, the food & beverage segment is projected to grow due to the wide applications of algae biomass in manufacturing nutraceuticals. Nutraceuticals may include herbal products, dietary supplements and isolated nutrients among others which are used on a large scale in the market worldwide. Algae can form numerous compounds that are currently present in nutraceuticals and have the potential to become more intensively exploited.

In terms of geography, North America is anticipated to grow due to growing healthcare awareness and increasing incidences of health allergies. Moreover, Asia Pacific is also expected to grow during the forecast period owing to increasing demand from food & feed supplements and nutraceuticals industry.

What our report offers:

  • Market share assessments for the regional and country level segments
  • Strategic recommendations for the new entrants
  • Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets
  • Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
  • Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter's five forces analysis, SWOT analysis etc.
  • Strategic recommendations in key business segments based on the market estimations
  • Competitive landscaping mapping the key common trends
  • Company profiling with detailed strategies, financials, and recent developments
  • Supply chain trends mapping the latest technological advancements

Key Topics Covered:

1 Executive Summary

2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.5 Research Sources

3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Application Analysis
3.7 Emerging Markets
3.8 Futuristic Market Scenario

4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry

5 Global Algae Products Market, By Type
5.1 Introduction
5.2 Carotenoids and Pigments
5.2.1 Lutein
5.2.2 Beta Carotene
5.2.3 Astaxanthin
5.2.4 Lycopene
5.2.5 Fucoxanthin
5.2.6 Other Cartenoids
5.3 Spirulina
5.4 Lipids
5.5 Omega 3 Fatty Acids
5.6 Algal Protein
5.7 Antioxidants
5.8 Chlorella
5.9 Hydrocolloids
5.9.1 Alginate
5.9.2 Agar
5.9.3 Carrageenan
5.10 Other Types
5.10.1 Dried Algae
5.10.2 Algal Flour

6 Global Algae Products Market, By Value
6.1 Introduction
6.2 Low Value Products
6.3 Medium Value Products
6.4 High Value Products

7 Global Algae Products Market, By Form
7.1 Introduction
7.2 Liquid
7.3 Solid

8 Global Algae Products Market, By Source
8.1 Introduction
8.2 Blue-green Algae
8.3 Red Algae
8.4 Green Algae
8.5 Brown Algae
8.6 Other Sources
8.6.1 Golden Algae
8.6.2 Yellow-brown Algae

9 Global Algae Products Market, By Sales Channel
9.1 Introduction
9.2 Indirect
9.2.1 Online
9.2.2 Store Based Retailing Pharmaceutical/Drug Stores Hypermarket/Supermarket Specialty Stores Other Store Based Retailings
9.3 Direct

10 Global Algae Products Market, By Application
10.1 Introduction
10.2 Nutraceuticals & Dietary Supplements
10.3 Personal Care Products
10.4 Food & Beverages
10.5 Pharmaceuticals
10.6 Animal & Aquaculture Feed
10.7 Chemicals
10.8 Fuel
10.9 Pollution Control
10.10 Paints & Colorants
10.11 Other Applications
10.11.1 Fortified Food
10.11.2 Infant Food
10.11.3 Pet Food

11 Global Algae Products Market, By Geography
11.1 Introduction
11.2 North America
11.2.1 US
11.2.2 Canada
11.2.3 Mexico
11.3 Europe
11.3.1 Germany
11.3.2 UK
11.3.3 Italy
11.3.4 France
11.3.5 Spain
11.3.6 Rest of Europe
11.4 Asia Pacific
11.4.1 Japan
11.4.2 China
11.4.3 India
11.4.4 Australia
11.4.5 New Zealand
11.4.6 South Korea
11.4.7 Rest of Asia Pacific
11.5 South America
11.5.1 Argentina
11.5.2 Brazil
11.5.3 Chile
11.5.4 Rest of South America
11.6 Middle East & Africa
11.6.1 Saudi Arabia
11.6.2 UAE
11.6.3 Qatar
11.6.4 South Africa
11.6.5 Rest of Middle East & Africa

12 Key Developments
12.1 Agreements, Partnerships, Collaborations and Joint Ventures
12.2 Acquisitions & Mergers
12.3 New Product Launch
12.4 Expansions
12.5 Other Key Strategies

13 Company Profiling
13.1 Cargill
13.2 BASF
13.3 Kerry
13.4 Fenchem Biotek
13.5 DIC Corporation
13.6 Dowdupont
13.7 Parry Nutraceuticals
13.8 Cellana Inc
13.9 Algaetech International
13.10 DSM
13.11 Cyanotech Corporation
13.12 Corbion
13.13 Algatechnologies
13.14 E.I.D. Parry
13.15 Ingredion
13.16 Roquette Frres
13.17 Alltech Alga

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