The report offers detailed coverage of Algae Ingredients industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Algae Ingredients by geography. The report splits the market size, by volume and value, on the basis of application type and geography.
Algae ingredients refer to substance components extracted from algae.
Algae are generally used in the food industry due to its wide range of different functional ingredients. Algae are rich in essential oils such as omega 3 fatty acids and PUFA which is mainly used in pharmaceutical and health food products.
The major drivers for the market are the increased potential applications in food, cheaper source of raw material for industrial production, increased demand of Omega3 fatty acids, sustainable source of production and environmental concerns. The advancement in biotechnology and other feasible extraction technologies has created a good opportunity for the market.
North America holds the largest share in the market followed by Europe and Asia-Pacific. However, the new emerging markets of Asia-Pacific such as China, Japan and India are growing at a faster rate.
The report forecast global Algae Ingredients market to grow to reach xxx Million USD in 2020 with a CAGR of xx% during the period 2020-2025.
First, this report covers the present status and the future prospects of the global Algae Ingredients market for 2015-2025.
And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].
At the same time, we classify Algae Ingredients according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.
Market Segment as follows:
By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]
Key Companies
ADM
DSM
DIC
BASF
Cargill
DuPont
Cyanotech
Roquette
Fuji Chemicals
FMC
Omega Protein
TerraVia
Algavia
Algae Tech
Market by Order Type
Dried Algae
Omega 3 Fatty Acids and PUFA
Carageenan
Alginate
Agar
β-Carotene
Others
Market by Application
Food
Pharmaceuticals
Animal Nutrition
Cosmetics
Others