Harrisburg, NC -- (SBWIRE) -- 02/19/2019 -- Global Algae Products Market Insights, Forecast to 2025
Algae are photosynthetic, oxygen-exhaling, unicellular, or multicellular microorganisms with diverse characteristics such as consumption of carbon-dioxide, storage of essential nutrients, minerals, and vitamins in microorganisms.
Consumption of healthy food products and dietary supplement, due to changes in lifestyle of the people has changed the perspective of this market. The global algae products market is estimated to grow at a notable CAGR of 4.2% from 2018 to 2025, due to increase in demand for natural products and proactive efforts by market players to formulate algae based consumable products to satisfy quality, texture, and nutritional demand of consumers. Earlier, algae was not considered for production of bio fuel as cost of production was high, however with recent development in process technology and feasibility of process algae bio fuel can be used as an alternative to fossil fuel.
The Global Algae Products market was valued at USD 3.78 Billion in 2017; this is projected to grow at a CAGR of 5.4%, to reach USD 5.17 Billion by 2023.
Avail a sample 129 Pages copy before purchase:
https://www.marketinsightsreports.com/reports/02181097963/global-algae-products-market-insights-forecast-to-2025/inquiry?source=releasewire&Mode=49
Top Leading Companies are: Weihai Shidai Marine Biotechnology,Shandong Lidao Oceanic Technology,Fujian Lianjiang Tianyuan Aquatic,Xunshan Group,Qingdao Gather Great Ocean Algae,Fujian Yiyuan Sea Food Company,Fujian Huangqiwan Sea Food Biotechnology,Rongcheng Lidao Chenfenzhuang Hongqiang Kelp Factory,Rongcheng Lidao Chenfenzhuang Weijian Kelp Factory,Rongcheng Yandunjiao Aquatic Company,Shandong Gaolv Aquatic Company,Shandong Haizhibao Technology,Matsumaeya,Shemberg,Karagen Indonesia,MCPI
Rise in global population and increase in demand for food and customization of functional food product portfolio by manufacturers are the factors expected to boost the growth of the algae products market. In addition, application of algae for production of livestock for aquaculture species such as fish for their cultivation fuels the market growth. However, consumption of algae based prescription drug products, such as sun chlorella, microalgae, spirulina caused gastrointestinal, abdominal, and nausea health problem, is expected to hamper the market growth during the forecast period. Nevertheless, the development of commercial byproducts and algae based biofuel production technology is anticipated to drive the market growth.
Contents of the 15 Chapters for This Algae Products Market Study:-
Chapter 1, to describe Algae Products Introduction, product scope, market overview, market opportunities, market risk, market driving force;
Chapter 2, to analyze the top manufacturers of Algae Products , with sales, revenue, and price of Algae Products , in 2017 and 2019;
Chapter 3, to display the competitive situation among the top manufacturers, with sales, revenue and market share in 2017 and 2019;
Chapter 4, to show the global market by regions, with sales, revenue and market share of Algae Products, for each region, from 2013 to 2019;
Chapter 5, 6, 7, 8 and 9, to analyze the key regions, with sales, revenue and market share by key countries in these regions;
Chapter 10 and 11, to show the market by type and application, with sales market share and growth rate by type, application, from 2013 to 2019;
Chapter 12, Algae Products market forecast, by regions, type and application, with sales and revenue, from 2019 to 2025;
Chapter 13, 14 and 15, to describe Algae Products sales channel, distributors, traders, dealers, Research Findings and Conclusion, appendix and data source.
Avail Discount on this report at:
https://www.marketinsightsreports.com/reports/02181097963/global-algae-products-market-insights-forecast-to-2025/discount?source=releasewire&Mode=49
Algae Products Market, by Type:
Eucheuma
Laminaria Japonica
Gracilaria
Porphyra
Undaria Pinnatifida
Others
Algae Products Market, by Applications:
Animal & Aquaculture Feed
Biofuels & Bioenergy
Food
Chemicals
Others
On the basis of source, brown algae products accounted for the largest market share, followed by blue-green algae, in 2017. The brown algae (seaweeds) are primarily produced in China, Korea, Peru, Chile, and some European countries such as Ireland, Scotland, and Norway. These brown seaweeds are mainly used in the production of high-grade alginate. Other products that can be extracted from brown algae are carotenoids and lutein, thus making it a highly used algae type.
North America was the largest market for algae products in 2017. This is attributed to the growing nutraceutical market in the region; factors such as the growing aging population, rising healthcare awareness, and rising incidences of health allergies have contributed to the growth of the nutraceutical industry, thereby contributing to the growth of the algae products market in the region.
The global cloud content delivery network market is expected to be driven by the North America region. In 2016, North America is estimated to contribute a major share to the overall cloud content delivery network market with the U.S. contributing most to the region's revenue. The region is expected to lose market share throughout the forecast period. The presence of major industry players along with high adoption of cloud content delivery network solutions in the region is expected to drive the market growth. Also, the presence of necessary internet and communication infrastructure is also expected to bolster the market growth. North America is also helped by the favorable regulatory environment and governments encouraging the developments in the field.
The report will make detailed analysis mainly on the development environment, Market size, development trends, operation situation and future development trends of Algae Products Market on the basis of current situation of the industry in 2019 so as to make full comprehension and judgment on the competitive situation of Algae Products Market Carrier and assist manufacturers and investment organization to better grasp the development course of Algae Products Market.
Browse full report along with TOC and List of Figures at:
https://www.marketinsightsreports.com/reports/02181097963/global-algae-products-market-insights-forecast-to-2025?source=releasewire&Mode=49
Important attributes of the report:
The 360-degree Algae Products overview based on a global and regional level.
Market share, value, volume, and production capacity is analyzed on global, regional and country level.
A complete and useful guide for new market aspirants.
Forecast information will drive strategic, innovative and profitable business plans.
SWOT analysis of players will pave the way for growth opportunities, risk analysis, investment feasibility and recommendations.
Lastly, the research methodology and data sources are offered in this report.
Contact Us:
Irfan Tamboli(Head of Sales)
Phone: + 1704 266 3234
Mob: +91-750-707-8687
sales@marketinsightsreports.com
irfan@marketinsightsreports.com