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Nannochloropsis-derived Lipids (Fatty Acids) Market by Application (Human Nutrition (Health Supplements & Nutraceuticals, Pharmaceuticals, Other Human Nutritional Applications), Animal Nutrition, and Other Applications) - Global Forecast to 2028

December 2021 | 89 pages | ID: NDA110B700EDEN
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Nannochloropsis-Derived Lipids (Fatty Acids) Market by Application (Human Nutrition (Health Supplements & Nutraceuticals, Pharmaceuticals, Other Human Nutritional Applications), Animal Nutrition, and Other Applications)-Global Forecast to 2028

The research report titled “Nannochloropsis-Derived Lipids (Fatty Acids) Market by Application (Human Nutrition (Health Supplements & Nutraceuticals, Pharmaceuticals, Other Human Nutritional Applications), Animal Nutrition, and Other Applications)-Global Forecast to 2028” provides an in-depth analysis of the Nannochloropsis-derived lipids (fatty acids) market in five major geographies and emphasizes on the current market trends, market size, market shares, recent developments, and forecasts to 2028. The Nannochloropsis-derived lipids (fatty acids) market is expected to record a CAGR of 8.5% from 2021 to 2028 to reach $4.2 million by 2028.

The growing awareness about the health benefits of omega-3 Polyunsaturated fatty acids (PUFAs), rising demand for functional food products, and growing prevalence of diabetes and obesity are the key factors driving the growth of the Nannochloropsis-derived lipids (fatty acids) market. Moreover, the growing demand for algae oil-based biofuel and increasing demand for omega-3 from the pharmaceutical industry creates lucrative growth opportunities for Nannochloropsis-derived lipid (fatty acids) manufacturers. However, the complex production process of Nannochloropsis-derived lipids (fatty acids) hinders market growth to some extent.

Based on application, the Nannochloropsis derived lipids (fatty acids) market is mainly segmented into human nutrition, animal nutrition, and other applications. In 2021, the human nutrition segment is estimated to account for the largest share of the global Nannochloropsis derived lipids (fatty acids) market owing to the increasing demand for algae oil from nutraceuticals, dietary supplements, infant formula, and F&B industries.

Moreover, rising consumption of packaged baby nutrition products owing to an increasing working population is further expected to drive the growth of the Nannochloropsis derived lipids (fatty acids) market for human nutrition, as algae omega-3 DHA possesses an important role in the development of an infant's nervous system, vision, brain, and overall growth. The rising demand for immunity-boosting products is expected to create lucrative opportunities for the stakeholders in the Nannochloropsis- derived lipids (fatty acids) market for human nutrition.

Based on type (human nutrition-related applications), the Nannochloropsis derived lipids (fatty acids) market is mainly segmented into health supplements and nutraceuticals, pharmaceuticals, and other human nutrition applications. In 2021, the health supplements & nutraceuticals segment is estimated to account for the largest share of the global Nannochloropsis derived lipids (fatty acids) market for human nutrition, owing to the growing health supplements and nutraceutical industry and rising use of algae oil instead of fish oil in the health supplements and nutraceutical industry.

An in-depth analysis of the geographical scenario of the industry provides detailed qualitative and quantitative insights about the five major geographies (North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa) along with the coverage of major countries in each region. Europe is estimated to account for the largest share of the global Nannochloropsis derived lipids (fatty acids) market in 2021, followed by North America and Asia-Pacific, owing to the huge consumption of health and wellness products and growing prevalence of heart diseases. Also, the easy availability of raw materials due to the presence of key Nannochloropsis biomass suppliers for lipid extraction further drives the growth of this market in the region.

Moreover, the growing nutraceuticals and dietary supplements industry and rising popularity of omega 3 fortified/functional food and beverages among the aging population are expected to create lucrative opportunities for the stakeholders in the Nannochloropsis derived lipids (fatty acids) market in the region.

Key Players

The report includes a competitive landscape based on an extensive assessment of the key strategic developments adopted by leading market participants in the industry over the past 4-5 years. The key players profiled in the global Nannochloropsis derived lipids (fatty acids) market research report are Arizona Algae Products, LLC (U.S.), Lyxia Corporation (China), Shaivaa Algaetech LLP (India), and iwi Life (U.S.), among others.

Scope of the Report:

Nannochloropsis-derived Lipids (Fatty Acids) Market, by Application
  • Human Nutrition
    • Health Supplements & Nutraceuticals
    • Pharmaceuticals
    • Other Human Nutritional Applications
  • Animal Nutrition
  • Other Applications
Nannochloropsis-derived Lipids (Fatty Acids) Market, by Geography
  • North America
    • U.S.
    • Canada
  • Europe
    • Spain
    • Portugal
    • Germany
    • Italy
    • France
    • Scandinavia
    • Rest of Europe (RoE)
  • Asia-Pacific (APAC)
    • China
    • India
    • Japan
    • Australia
    • Rest of APAC (RoAPAC)
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America (RoLATAM)
  • Middle East
  • Africa
Key Questions Answered in the Report-
  • Which are the high-growth market segments in terms of application and region/country?
  • What was the historical market size for Nannochloropsis-derived lipids (fatty acids) across the globe?
  • What are the market forecasts and estimates for 2021–2028?
  • What are the major drivers, restraints, opportunities, and challenges for the global Nannochloropsis-derived lipids (fatty acids) Market?
  • Who are the major players in the global Nannochloropsis-derived lipids (fatty acids) Market?
  • How is the competitive landscape, and who are the market leaders in the global Nannochloropsis-derived lipids (fatty acids) Market?
  • What are the recent developments in the global Nannochloropsis-derived lipids (fatty acids) Market?
  • What are the geographical trends and high-growth regions/countries?
  • Who are the local emerging players in the global Nannochloropsis-derived lipids (fatty acids) market, and how do they compete with the global players?
1. INTRODUCTION

1.1. Market Definition
1.2. Market Ecosystem
1.3. Currency

2. RESEARCH METHODOLOGY

2.1. Research Process
2.2. Data Collection & Validation
  2.2.1. Secondary Research
  2.2.2. Primary Research
2.3. Market Assessment
  2.3.1. Market Size Estimation
    2.3.1.1. Bottom-Up Approach
    2.3.1.2. Top-Down Approach
    2.3.1.3. Growth Forecast
2.4. Assumptions for the Study
2.5. Limitations for the Study

3. MARKET INSIGHTS

3.1. Introduction
3.2. Drivers
  3.2.1. Growing Awareness about the Health Benefits of Omega-3 Pufa
  3.2.2. Rising Demand for Functional Food Products
  3.2.3. Growing Prevalence of Diabetes and Obesity
3.3. Restraints
  3.3.1. Complex Production Process of Nannochloropsis
3.4. Challenges
  3.4.1. Risk of Nannochloropsis Contamination
3.5. Opportunities
  3.5.1. Growing Demand for Algae Oil-based Biofuel
  3.5.2. Increasing Demand for Omega-3 From the Pharmaceuticals Industry

4. OVERALL NANNOCHLOROPSIS DERIVED LIPIDS (FATTY ACIDS) INDUSTRY OVERVIEW

4.1. Introduction
4.2. Market, by Application
  4.2.1. Human Nutrition
    4.2.1.1. Health Supplements and Nutraceuticals
    4.2.1.2. Pharmaceuticals
    4.2.1.3. Other Human Nutrition Applications
  4.2.2. Animal Nutrition
  4.2.3. Other Applications
4.3. Pricing Analysis, by Application, 2021(USD/Kg)

5. NANNOCHLOROPSIS DERIVED LIPIDS (FATTY ACIDS) MARKET, BY GEOGRAPHY

5.1. Introduction
5.2. North America
  5.2.1. U.S.
  5.2.2. Canada
5.3. Europe
  5.3.1. Spain
  5.3.2. Portugal
  5.3.3. Germany
  5.3.4. Italy
  5.3.5. France
  5.3.6. Scandinavia
  5.3.7. Rest of Europe (RoE)
5.4. Asia-Pacific
  5.4.1. China
  5.4.2. India
  5.4.3. Japan
  5.4.4. Australia
  5.4.5. Rest of Asia-Pacific (RoAPAC)
5.5. Latin America
  5.5.1. Brazil
  5.5.2. Mexico
  5.5.3. Rest of Latin America (RoLATAM)
5.6. Rest of the World (ROW)
  5.6.1. Middle East
  5.6.2. Africa

6. COMPANY PROFILES

6.1. Arizona Algae Products, LLC
6.2. Lyxia Corporation
6.3. Shaivaa Algaetech LLP
6.4. iwi Life

7. LIST OF POTENTIAL CUSTOMERS FOR ALGAE-DERIVED LIPIDS (FATTY ACIDS)

8. APPENDIX

8.1. Questionnaire
8.2. Available Customization

LIST OF TABLES

Table 1 Global Nannochloropsis Derived Lipids (Fatty Acids) Market: Impact Analysis of Market Drivers (2021–2028)
Table 2 Global Nannochloropsis Derived Lipids (Fatty Acids) Market: Impact Analysis of Market Restraints (2021–2028)
Table 3 Global Nannochloropsis Derived Lipids (Fatty Acids) Market Size, by Application, 2019–2028 (USD Thousand)
Table 4 Global Nannochloropsis Derived Lipids (Fatty Acids) Market Size for Human Nutrition, by Application, 2019–2028 (USD Thousand)
Table 5 Nannochloropsis Derived Lipids (Fatty Acids) Market Size for Human Nutrition, by Region, 2019–2028 (USD Thousand)
Table 6 Nannochloropsis Derived Lipids (Fatty Acids) Market Size for Human Nutrition, by Region, 2019–2028 (Tons)
Table 7 Nannochloropsis Derived Lipids (Fatty Acids) Market Size for Health Supplements and Nutraceuticals, by Country/Region, 2019–2028 (USD Thousand)
Table 8 Nannochloropsis Derived Lipids (Fatty Acids) Market Size for Pharmaceuticals, by Country/Region, 2019–2028 (USD Thousand)
Table 9 Nannochloropsis Derived Lipids (Fatty Acids) Market Size for Other Human Nutrition Applications, by Country/Region, 2019–2028 (USD Thousand)
Table 10 Nannochloropsis Derived Lipids (Fatty Acids) Market Size for Animal Nutrition, by Region, 2019–2028 (USD Thousand)
Table 11 Nannochloropsis Derived Lipids (Fatty Acids) Market Size for Animal Nutrition, by Region, 2019–2028 (Tons)
Table 12 Nannochloropsis Derived Lipids (Fatty Acids) Market Size for Other Application, by Region, 2019–2028 (USD Thousand)
Table 13 Nannochloropsis Derived Lipids (Fatty Acids) Market Size for Other Application, by Region, 2019–2028 (Tons)
Table 14 Nannochloropsis Derived Lipid (Fatty Acids) Prices for Human Nutrition, by Region, 2018–2028 (USD/Kg)
Table 15 Nannochloropsis Derived Lipid (Fatty Acids) Prices for Animal Nutrition, by Region, 2018-2028 (USD/Kg)
Table 16 Nannochloropsis Derived Lipid (Fatty Acids) Prices for Other Application, by Region, 2018-2028 (USD/Kg)
Table 17 Nannochloropsis Market Size, by Region, 2019–2028 (USD Thousand)
Table 18 North America: Nannochloropsis Derived Lipids (Fatty Acids) Market Size, by Country, 2019-2028 (USD Thousand)
Table 19 North America: Nannochloropsis Derived Lipids (Fatty Acids) Market Size, by Application, 2019–2028 (USD Thousand)
Table 20 North America: Nannochloropsis Derived Lipids (Fatty Acids) Market for Human Nutrition, by Type, 2019-2028 (USD Thousand)
Table 21 U.S.: Retail Sales of Omega- Based Products, 2014-2018 (USD Million)
Table 22 U.S.: Nannochloropsis Derived Lipids (Fatty Acids) Market Size, by Application, 2019–2028 (USD Thousand)
Table 23 U.S.: Nannochloropsis Derived Lipids (Fatty Acids) Market for Human Nutrition, by Type, 2019-2028 (USD Thousand)
Table 24 Canada: Retails Sales of Omega-Based Products, 2014-2018 (USD Million)
Table 25 Canada: Nannochloropsis Derived Lipids (Fatty Acids) Market Size, by Application, 2019–2028 (USD Thousand)
Table 26 Canada: Nannochloropsis Derived Lipids (Fatty Acids) Market for Human Nutrition, by Application, 2019-2028 (USD Thousand)
Table 27 Europe: Nannochloropsis Derived Lipids (Fatty Acids) Market Size, by Country/Region, 2019-2028 (USD Thousand)
Table 28 Europe: Nannochloropsis Derived Lipids (Fatty Acids) Market Size, by Application, 2019–2028 (USD Thousand)
Table 29 Europe: Nannochloropsis Derived Lipids (Fatty Acids) Market for Human Nutrition, by Type, 2019-2028 (USD Thousand)
Table 30 Spain: Nannochloropsis Derived Lipids (Fatty Acids) Market Size, by Application, 2019–2028 (USD Thousand)
Table 31 Spain: Nannochloropsis Derived Lipids (Fatty Acids) Market for Human Nutrition, by Type, 2019-2028 (USD Thousand)
Table 32 Portugal: Nannochloropsis Derived Lipids (Fatty Acids) Market Size, by Application, 2019–2028 (USD Thousand)
Table 33 Portugal: Nannochloropsis Derived Lipids (Fatty Acids) Market for Human Nutrition, by Type, 2019-2028 (USD Thousand)
Table 34 Germany: Nannochloropsis Derived Lipids (Fatty Acids) Market Size, by Application, 2019–2028 (USD Thousand)
Table 35 Germany: Nannochloropsis Derived Lipids (Fatty Acids) Market for Human Nutrition, by Type, 2019-2028 (USD Thousand)
Table 36 Italy: Nannochloropsis Derived Lipids (Fatty Acids) Market Size, by Application, 2019–2028 (USD Thousand)
Table 37 Italy: Nannochloropsis Derived Lipids (Fatty Acids) Market for Human Nutrition, by Type, 2019-2028 (USD Thousand)
Table 38 France: Nannochloropsis Derived Lipids (Fatty Acids) Market Size, by Application, 2019–2028 (USD Thousand)
Table 39 France: Nannochloropsis Derived Lipids (Fatty Acids) Market for Human Nutrition, by Type, 2019-2028 (USD Thousand)
Table 40 Scandinavia: Nannochloropsis Derived Lipids (Fatty Acids) Market Size, by Application, 2019–2028 (USD Thousand)
Table 41 Scandinavia: Nannochloropsis Derived Lipids (Fatty Acids) Market for Human Nutrition, by Type, 2019-2028 (USD Thousand)
Table 42 Rest of Europe: Nannochloropsis Derived Lipids (Fatty Acids) Market Size, by Application, 2019–2028 (USD Thousand)
Table 43 Rest of Europe: Nannochloropsis Derived Lipids (Fatty Acids) Market for Human Nutrition, by Type, 2019-2028 (USD Thousand)
Table 44 Asia-Pacific: Nannochloropsis Derived Lipids (Fatty Acids) Market Size, by Country/Region, 2019–2028 (USD Thousand)
Table 45 Asia-Pacific: Nannochloropsis Derived Lipids (Fatty Acids) Market Size, by Application, 2019–2028 (USD Thousand)
Table 46 Asia-Pacific: Nannochloropsis Derived Lipids (Fatty Acids) Market for Human Nutrition, by Type, 2019–2028 (USD Thousand)
Table 47 China: Nannochloropsis Derived Lipids (Fatty Acids) Market Size, by Application, 2019–2028 (USD Thousand)
Table 48 China: Nannochloropsis Derived Lipids (Fatty Acids) Market for Human Nutrition, by Type, 2019–2028 (USD Thousand)
Table 49 India: Nannochloropsis Derived Lipids (Fatty Acids) Market Size, by Application, 2019–2028 (USD Thousand)
Table 50 India: Nannochloropsis Derived Lipids (Fatty Acids) Market for Human Nutrition, by Type, 2019–2028 (USD Thousand)
Table 51 Japan: Nannochloropsis Derived Lipids (Fatty Acids) Market Size, by Application, 2019–2028 (USD Thousand)
Table 52 Japan: Nannochloropsis Derived Lipids (Fatty Acids) Market for Human Nutrition, by Type, 2019–2028 (USD Thousand)
Table 53 Australia: Nannochloropsis Derived Lipids (Fatty Acids) Market Size, by Application, 2019–2028 (USD Thousand)
Table 54 Australia: Nannochloropsis Derived Lipids (Fatty Acids) Market for Human Nutrition, by Type, 2019–2028 (USD Thousand)
Table 55 RoAPAC: Nannochloropsis Derived Lipids (Fatty Acids) Market Size, by Application, 2019–2028 (USD Thousand)
Table 56 RoAPAC: Nannochloropsis Derived Lipids (Fatty Acids) Market for Human Nutrition, by Type, 2019–2028 (USD Thousand)
Table 57 Latin America: Nannochloropsis Derived Lipids (Fatty Acids) Market Size, by Country, 2019-2028 (USD Thousand)
Table 58 Latin America: Nannochloropsis Derived Lipids (Fatty Acids) Market Size, by Application, 2019–2028 (USD Thousand)
Table 59 Latin America: Nannochloropsis Derived Lipids (Fatty Acids) Market for Human Nutrition, by Type, 2019-2028 (USD Thousand)
Table 60 Brazil: Nannochloropsis Derived Lipids (Fatty Acids) Market Size, by Application, 2019–2028 (USD Thousand)
Table 61 Brazil: Nannochloropsis Derived Lipids (Fatty Acids) Market for Human Nutrition, by Type, 2019-2028 (USD Thousand)
Table 62 Mexico: Retails Sales of Omega-Based Products, 2014-2018 (USD Million)
Table 63 Mexico: Nannochloropsis Derived Lipids (Fatty Acids) Market Size, by Application, 2019–2028 (USD Thousand)
Table 64 Mexico: Nannochloropsis Derived Lipids (Fatty Acids) Market for Human Nutrition, by Type, 2019-2028 (USD Thousand)
Table 65 RoLATAM: Nannochloropsis Derived Lipids (Fatty Acids) Market Size, by Application, 2019–2028 (USD Thousand)
Table 66 RoLATAM: Nannochloropsis Derived Lipids (Fatty Acids) Market for Human Nutrition, by Type, 2019-2028 (USD Thousand)
Table 67 Rest of the World: Nannochloropsis Derived Lipids (Fatty Acids) Market Size, by Region, 2019-2028 (USD Thousand)
Table 68 Rest of the World: Nannochloropsis Derived Lipids (Fatty Acids) Market Size, by Application, 2019–2028 (USD Thousand)
Table 69 Rest of the World: Nannochloropsis Derived Lipids (Fatty Acids) Market for Human Nutrition, by Type, 2019-2028 (USD Thousand)
Table 70 Middle East: Nannochloropsis Derived Lipids (Fatty Acids) Market Size, by Application, 2019–2028 (USD Thousand)
Table 71 Middle East: Nannochloropsis Derived Lipids (Fatty Acids) Market for Human Nutrition, by Type, 2019-2028 (USD Thousand)
Table 72 Africa: Nannochloropsis Derived Lipids (Fatty Acids) Market Size, by Application, 2019–2028 (USD Thousand)
Table 73 Africa: Nannochloropsis Derived Lipids (Fatty Acids) Market for Human Nutrition, by Type, 2019-2028 (USD Thousand)
Table 74 Some of the Potential Customers for Algae-derived Lipids (Fatty Acids)

LIST OF FIGURES

Figure 1 Key Stakeholders
Figure 2 Research Process
Figure 3 Key Secondary Sources
Figure 4 Primary Research Techniques
Figure 5 Key Executives Interviewed
Figure 6 Breakdown of Primary Interviews (Supply-Side & Demand-Side)
Figure 7 Market Size Estimation
Figure 8 Market Dynamics
Figure 9 Global Nannochloropsis Derived Lipids (Fatty Acids) Market Size, by Application, 2021 Vs. 2028 (USD Thousand)
Figure 10 Global Nannochloropsis Derived Lipids (Fatty Acids) Market Size for Human Nutrition, by Application, 2021 Vs. 2028 (USD Thousand)
Figure 11 Nannochloropsis Derived Lipids (Fatty Acids) Market Size, by Region, 2021 Vs. 2028 (USD Thousand)
Figure 12 Australia: Death Statistics, 2019 (%)


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