Global Algae Products Market : Analysis and Opportunity Assessment 2024


Posted June 28, 2019 by bharatbook

Global Algae Products Market stood at $ 9.9 billion in 2018 and is projected to grow at a CAGR of over 7% during 2019-2024 to reach $ 14.99 billion by 2024

 
Bharat Book Bureau Provides the Trending Market Research Report on “Global Algae Products Market By Source (Macroalgae and Microalgae), By Application (Pharmaceuticals and Nutraceuticals, Food & Beverages, Cosmetics and Others), By Region (North America, Europe, Asia-Pacific, South America and Middle East & Africa), Competition, Forecast & Opportunities, 2024” under Retail category. The report offers a collection of superior market research, market analysis, competitive intelligence and industry reports.

Global Algae Products Market stood at $ 9.9 billion in 2018 and is projected to grow at a CAGR of over 7% during 2019-2024 to reach $ 14.99 billion by 2024, on the back of increasing use of algae products in healthy food items to produce natural nutrient supplements, thereby emerging as a promising substitute for animal based nutrition. Growing application of algae products in the pharmaceutical sector for manufacturing antimicrobials, antivirals and anti-bacterial medicines, neuroprotective products, human therapeutic proteins, drugs for cancer treatment, and pharmacology is another major factor expected to fuel the market in coming years. Some of the other market drivers are increasing investments in algae production, growing number of mergers & acquisitions, and rising demand for alternative source of energy such as algae-based biofuels.

Years considered for this report:

Historical Years: 2014-2017

Base Year: 2018

Estimated Year: 2019

Forecast Period: 2020-2024

Request a free sample copy of Algae Products Market Report @ https://www.bharatbook.com/marketreports/sample/reports/1586738

Objective of the Study:

• To analyze and forecast global algae products market size.

• To define, classify and forecast global algae products market on the basis of source, application, and region.

• To scrutinize the detailed market segmentation and forecast the market size on the basis of application, namely – Pharmaceutical and Nutraceutical, Food & Beverages, Cosmetics and Others.

• To analyze and forecast the market share for algae products with respect to region, namely: North America, South America, Asia-Pacific, Europe and Middle East & Africa.

• To identify tailwinds and headwinds for global algae products market.

• To strategically profile the leading players operating in algae products market, globally.

Some of the major players operating in global algae products market are DIC Corporation

BASF SE, Koninklijke DSM N.V., Corbion N.V., Cyanotech Corporation, AlgaTechnologies Ltd., Algaetech International Sdn Bhd, Tianjin Norland Biotech Co., Ltd., Cellana, Inc. and E.I.D Parry (India) Limited.

Our Research performed both primary as well as exhaustive secondary research for this study. Initially, Our Research sourced a list of algae product manufacturers and suppliers. Subsequently, Our Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, Our was able to include the manufacturers which could not be identified due to the limitations of secondary research. Our Research analyzed the product offerings, and regional presence of all major algae product suppliers across the globe.

Our calculated global algae products market size by using a bottom-up approach, where manufacturers’ value shares data for product source (microalgae and macroalgae) were recorded and forecast for the future years. TechSci Research sourced these values from industry experts and company representatives and externally validated through analyzing historical sales data of respective manufacturers to arrive at the overall market size. Various secondary sources such as directories, databases such as company annual reports, World Bank, industry magazines, industry reports, news dailies, Algae Product Associations, Food and Agricultural Organizations, credible paid databases and proprietary databases were also studied by Our Research.

Key Target Audience:

• Algae Product manufacturers, Importers and suppliers

• Research organizations and consulting companies

• Organizations, forums and alliances related to Algae

• Government bodies such as regulating authorities and policy makers

The study is useful in providing answers to several critical questions that are important for industry stakeholders such as algae product manufacturers, distributors and dealers, customers and policy makers. The study would also help in identifying market segments that should be targeted over the coming years in order to strategize investments and capitalize on the growth of the market segment.

Browse our full report with Table of Contents : https://www.bharatbook.com/marketreports/global-algae-products-market-by-source-macroalgae-and-microalgae-by-application-pharmaceuticals-and-nutraceuticals-/1586738

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Issued By Sandhya Nair
Phone +91 22 27810772 / 27810773
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Country India
Categories Food , Retail
Tags algae , algae products market , algal energy products , united states algae market
Last Updated June 28, 2019