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Algae Products Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

August 2022 | 147 pages | ID: A7A351091E3CEN
IMARC Group

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The global algae products market size reached US$ 1.7 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 2.4 Billion by 2027, exhibiting a growth rate (CAGR) of 5.49% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.

Algae products are essential sources of vitamins, minerals, and fatty acids. They have antihypertensive, anticoagulant, antioxidant, antiproliferative, and immunostimulatory properties. Their consumption assists in increasing dopamine, preventing diseases, promoting healthy skin, and healing wounds. As a result, they are widely utilized in the preparation of dietary supplements. Besides this, they are also used as stabilizers, thickeners, emulsifiers, main ingredients, and flavoring agents in the production of various food products and beverages across the globe.

Algae Products Market Trends:
Due to the growing prevalence of chronic diseases, rising global population and changing lifestyles of individuals, there is a significant rise in the consumption of healthy food products and dietary supplements around the world. This represents one of the key factors strengthening the growth of the market. Apart from this, algae products are extensively utilized in sequestering and removing or transforming pollutants, including nutrients, heavy metals, and xenobiotics from wastewater. Moreover, these products aid in increasing the elasticity and suppleness of the skin and stimulating the renewal of damaged skin cells. Apart from this, as they also aid in detoxifying, cleansing, and toning the skin, they are widely employed in the beauty and personal care sector across the globe. Furthermore, as green algae products are abundant, resilient, and cost-effective, they find extensive application in biologic drugs around the world. They are used in the manufacturing of medicines, vitamins, vaccines, nutraceuticals, and other nutrients for the treatment of diabetes, multiple sclerosis, and cancer. This, along with the rising adoption of algae products to produce livestock for aquaculture varieties, such as fish for cultivation, is acting as another factor impelling the growth of the market.

Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global algae products market report, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on type, source, form, distribution channel and application.

Breakup by Type:

Lipids
Carrageenan
Carotenoids
Algal Protein
Alginate
Others

Breakup by Source:

Brown Algae
Blue-Green Algae
Red Algae
Green Algae

Breakup by Form:

Solid
Liquid

Breakup by Distribution Channel:

Online
Offline

Breakup by Application:

Food and Beverages
Nutraceuticals and Dietary Supplements
Personal Care
Feed
Pharmaceuticals
Chemicals
Others

Breakup by Region:

North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa

Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being ACCEL Carrageenan Corporation, Algatechnologies Ltd, Algenol, Archer-Daniels-Midland Company, BASF SE, Caldic B.V., Cargill Incorporated, Cellana Inc, Corbion N.V., Cyanotech Corporation, DuPont de Nemours Inc, Koninklijke DSM N.V. and TBK Manufacturing Corporation.

Key Questions Answered in This Report:
How has the global algae products market performed so far and how will it perform in the coming years?
What has been the impact of COVID-19 on the global algae products market?
What are the key regional markets?
What is the breakup of the market based on the type?
What is the breakup of the market based on the source?
What is the breakup of the market based on the form?
What is the breakup of the market based on the distribution channel?
What is the breakup of the market based on the application?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the industry?
What is the structure of the global algae products market and who are the key players?
What is the degree of competition in the industry?
1 PREFACE

2 SCOPE AND METHODOLOGY

2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
  2.3.1 Primary Sources
  2.3.2 Secondary Sources
2.4 Market Estimation
  2.4.1 Bottom-Up Approach
  2.4.2 Top-Down Approach
2.5 Forecasting Methodology

3 EXECUTIVE SUMMARY

4 INTRODUCTION

4.1 Overview
4.2 Key Industry Trends

5 GLOBAL ALGAE PRODUCTS MARKET

5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast

6 MARKET BREAKUP BY TYPE

6.1 Lipids
  6.1.1 Market Trends
  6.1.2 Market Forecast
6.2 Carrageenan
  6.2.1 Market Trends
  6.2.2 Market Forecast
6.3 Carotenoids
  6.3.1 Market Trends
  6.3.2 Market Forecast
6.4 Algal Protein
  6.4.1 Market Trends
  6.4.2 Market Forecast
6.5 Alginate
  6.5.1 Market Trends
  6.5.2 Market Forecast
6.6 Others
  6.6.1 Market Trends
  6.6.2 Market Forecast

7 MARKET BREAKUP BY SOURCE

7.1 Brown Algae
  7.1.1 Market Trends
  7.1.2 Market Forecast
7.2 Blue-Green Algae
  7.2.1 Market Trends
  7.2.2 Market Forecast
7.3 Red Algae
  7.3.1 Market Trends
  7.3.2 Market Forecast
7.4 Green Algae
  7.4.1 Market Trends
  7.4.2 Market Forecast

8 MARKET BREAKUP BY FORM

8.1 Solid
  8.1.1 Market Trends
  8.1.2 Market Forecast
8.2 Liquid
  8.2.1 Market Trends
  8.2.2 Market Forecast

9 MARKET BREAKUP BY DISTRIBUTION CHANNEL

9.1 Online
  9.1.1 Market Trends
  9.1.2 Market Forecast
9.2 Offline
  9.2.1 Market Trends
  9.2.2 Market Forecast

10 MARKET BREAKUP BY APPLICATION

10.1 Food and Beverages
  10.1.1 Market Trends
  10.1.2 Market Forecast
10.2 Nutraceuticals and Dietary Supplements
  10.2.1 Market Trends
  10.2.2 Market Forecast
10.3 Personal Care
  10.3.1 Market Trends
  10.3.2 Market Forecast
10.4 Feed
  10.4.1 Market Trends
  10.4.2 Market Forecast
10.5 Pharmaceuticals
  10.5.1 Market Trends
  10.5.2 Market Forecast
10.6 Chemicals
  10.6.1 Market Trends
  10.6.2 Market Forecast
10.7 Others
  10.7.1 Market Trends
  10.7.2 Market Forecast

11 MARKET BREAKUP BY REGION

11.1 North America
  11.1.1 United States
    11.1.1.1 Market Trends
    11.1.1.2 Market Forecast
  11.1.2 Canada
    11.1.2.1 Market Trends
    11.1.2.2 Market Forecast
11.2 Asia-Pacific
  11.2.1 China
    11.2.1.1 Market Trends
    11.2.1.2 Market Forecast
  11.2.2 Japan
    11.2.2.1 Market Trends
    11.2.2.2 Market Forecast
  11.2.3 India
    11.2.3.1 Market Trends
    11.2.3.2 Market Forecast
  11.2.4 South Korea
    11.2.4.1 Market Trends
    11.2.4.2 Market Forecast
  11.2.5 Australia
    11.2.5.1 Market Trends
    11.2.5.2 Market Forecast
  11.2.6 Indonesia
    11.2.6.1 Market Trends
    11.2.6.2 Market Forecast
  11.2.7 Others
    11.2.7.1 Market Trends
    11.2.7.2 Market Forecast
11.3 Europe
  11.3.1 Germany
    11.3.1.1 Market Trends
    11.3.1.2 Market Forecast
  11.3.2 France
    11.3.2.1 Market Trends
    11.3.2.2 Market Forecast
  11.3.3 United Kingdom
    11.3.3.1 Market Trends
    11.3.3.2 Market Forecast
  11.3.4 Italy
    11.3.4.1 Market Trends
    11.3.4.2 Market Forecast
  11.3.5 Spain
    11.3.5.1 Market Trends
    11.3.5.2 Market Forecast
  11.3.6 Russia
    11.3.6.1 Market Trends
    11.3.6.2 Market Forecast
  11.3.7 Others
    11.3.7.1 Market Trends
    11.3.7.2 Market Forecast
11.4 Latin America
  11.4.1 Brazil
    11.4.1.1 Market Trends
    11.4.1.2 Market Forecast
  11.4.2 Mexico
    11.4.2.1 Market Trends
    11.4.2.2 Market Forecast
  11.4.3 Others
    11.4.3.1 Market Trends
    11.4.3.2 Market Forecast
11.5 Middle East and Africa
  11.5.1 Market Trends
  11.5.2 Market Breakup by Country
  11.5.3 Market Forecast

12 SWOT ANALYSIS

12.1 Overview
12.2 Strengths
12.3 Weaknesses
12.4 Opportunities
12.5 Threats

13 VALUE CHAIN ANALYSIS

14 PORTERS FIVE FORCES ANALYSIS

14.1 Overview
14.2 Bargaining Power of Buyers
14.3 Bargaining Power of Suppliers
14.4 Degree of Competition
14.5 Threat of New Entrants
14.6 Threat of Substitutes

15 PRICE ANALYSIS

16 COMPETITIVE LANDSCAPE

16.1 Market Structure
16.2 Key Players
16.3 Profiles of Key Players
  16.3.1 ACCEL Carrageenan Corporation
    16.3.1.1 Company Overview
    16.3.1.2 Product Portfolio
  16.3.2 Algatechnologies Ltd
    16.3.2.1 Company Overview
    16.3.2.2 Product Portfolio
  16.3.3 Algenol
    16.3.3.1 Company Overview
    16.3.3.2 Product Portfolio
  16.3.4 Archer-Daniels-Midland Company
    16.3.4.1 Company Overview
    16.3.4.2 Product Portfolio
    16.3.4.3 Financials
    16.3.4.4 SWOT Analysis
  16.3.5 BASF SE
    16.3.5.1 Company Overview
    16.3.5.2 Product Portfolio
    16.3.5.3 Financials
    16.3.5.4 SWOT Analysis
  16.3.6 Caldic B.V.
    16.3.6.1 Company Overview
    16.3.6.2 Product Portfolio
  16.3.7 Cargill Incorporated
    16.3.7.1 Company Overview
    16.3.7.2 Product Portfolio
    16.3.7.3 SWOT Analysis
  16.3.8 Cellana Inc
    16.3.8.1 Company Overview
    16.3.8.2 Product Portfolio
  16.3.9 Corbion N.V.
    16.3.9.1 Company Overview
    16.3.9.2 Product Portfolio
    16.3.9.3 Financials
  16.3.10 Cyanotech Corporation
    16.3.10.1 Company Overview
    16.3.10.2 Product Portfolio
    16.3.10.3 Financials
    16.3.10.4 SWOT Analysis
  16.3.11 DuPont de Nemours Inc
    16.3.11.1 Company Overview
    16.3.11.2 Product Portfolio
    16.3.11.3 Financials
    16.3.11.4 SWOT Analysis
  16.3.12 Koninklijke DSM N.V.
    16.3.12.1 Company Overview
    16.3.12.2 Product Portfolio
    16.3.12.3 Financials
    16.3.12.4 SWOT Analysis
  16.3.13 TBK Manufacturing Corporation
    16.3.13.1 Company Overview
    16.3.13.2 Product Portfolio

LIST OF TABLES

Table 1: Global: Algae Products Market: Key Industry Highlights, 2021 and 2027
Table 2: Global: Algae Products Market Forecast: Breakup by Type (in Million US$), 2022-2027
Table 3: Global: Algae Products Market Forecast: Breakup by Source (in Million US$), 2022-2027
Table 4: Global: Algae Products Market Forecast: Breakup by Form (in Million US$), 2022-2027
Table 5: Global: Algae Products Market Forecast: Breakup by Distribution Channel (in Million US$), 2022-2027
Table 6: Global: Algae Products Market Forecast: Breakup by Application (in Million US$), 2022-2027
Table 7: Global: Algae Products Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 8: Global: Algae Products Market: Competitive Structure
Table 9: Global: Algae Products Market: Key Players

LIST OF FIGURES

Figure 1: Global: Algae Products Market: Major Drivers and Challenges
Figure 2: Global: Algae Products Market: Sales Value (in Billion US$), 2016-2021
Figure 3: Global: Algae Products Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 4: Global: Algae Products Market: Breakup by Type (in %), 2021
Figure 5: Global: Algae Products Market: Breakup by Source (in %), 2021
Figure 6: Global: Algae Products Market: Breakup by Form (in %), 2021
Figure 7: Global: Algae Products Market: Breakup by Distribution Channel (in %), 2021
Figure 8: Global: Algae Products Market: Breakup by Application (in %), 2021
Figure 9: Global: Algae Products Market: Breakup by Region (in %), 2021
Figure 10: Global: Algae Products (Lipids) Market: Sales Value (in Million US$), 2016 & 2021
Figure 11: Global: Algae Products (Lipids) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 12: Global: Algae Products (Carrageenan) Market: Sales Value (in Million US$), 2016 & 2021
Figure 13: Global: Algae Products (Carrageenan) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 14: Global: Algae Products (Carotenoids) Market: Sales Value (in Million US$), 2016 & 2021
Figure 15: Global: Algae Products (Carotenoids) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 16: Global: Algae Products (Algal Protein) Market: Sales Value (in Million US$), 2016 & 2021
Figure 17: Global: Algae Products (Algal Protein) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 18: Global: Algae Products (Alginate) Market: Sales Value (in Million US$), 2016 & 2021
Figure 19: Global: Algae Products (Alginate) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 20: Global: Algae Products (Other Types) Market: Sales Value (in Million US$), 2016 & 2021
Figure 21: Global: Algae Products (Other Types) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 22: Global: Algae Products (Brown Algae) Market: Sales Value (in Million US$), 2016 & 2021
Figure 23: Global: Algae Products (Brown Algae) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 24: Global: Algae Products (Blue-Green Algae) Market: Sales Value (in Million US$), 2016 & 2021
Figure 25: Global: Algae Products (Blue-Green Algae) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 26: Global: Algae Products (Red Algae) Market: Sales Value (in Million US$), 2016 & 2021
Figure 27: Global: Algae Products (Red Algae) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 28: Global: Algae Products (Green Algae) Market: Sales Value (in Million US$), 2016 & 2021
Figure 29: Global: Algae Products (Green Algae) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 30: Global: Algae Products (Solid) Market: Sales Value (in Million US$), 2016 & 2021
Figure 31: Global: Algae Products (Solid) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 32: Global: Algae Products (Liquid) Market: Sales Value (in Million US$), 2016 & 2021
Figure 33: Global: Algae Products (Liquid) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 34: Global: Algae Products (Online) Market: Sales Value (in Million US$), 2016 & 2021
Figure 35: Global: Algae Products (Online) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 36: Global: Algae Products (Offline) Market: Sales Value (in Million US$), 2016 & 2021
Figure 37: Global: Algae Products (Offline) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 38: Global: Algae Products (Food and Beverages) Market: Sales Value (in Million US$), 2016 & 2021
Figure 39: Global: Algae Products (Food and Beverages) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 40: Global: Algae Products (Nutraceuticals and Dietary Supplements) Market: Sales Value (in Million US$), 2016 & 2021
Figure 41: Global: Algae Products (Nutraceuticals and Dietary Supplements) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 42: Global: Algae Products (Personal Care) Market: Sales Value (in Million US$), 2016 & 2021
Figure 43: Global: Algae Products (Personal Care) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 44: Global: Algae Products (Feed) Market: Sales Value (in Million US$), 2016 & 2021
Figure 45: Global: Algae Products (Feed) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 46: Global: Algae Products (Pharmaceuticals) Market: Sales Value (in Million US$), 2016 & 2021
Figure 47: Global: Algae Products (Pharmaceuticals) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 48: Global: Algae Products (Chemicals) Market: Sales Value (in Million US$), 2016 & 2021
Figure 49: Global: Algae Products (Chemicals) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 50: Global: Algae Products (Other Applications) Market: Sales Value (in Million US$), 2016 & 2021
Figure 51: Global: Algae Products (Other Applications) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 52: North America: Algae Products Market: Sales Value (in Million US$), 2016 & 2021
Figure 53: North America: Algae Products Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 54: United States: Algae Products Market: Sales Value (in Million US$), 2016 & 2021
Figure 55: United States: Algae Products Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 56: Canada: Algae Products Market: Sales Value (in Million US$), 2016 & 2021
Figure 57: Canada: Algae Products Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 58: Asia-Pacific: Algae Products Market: Sales Value (in Million US$), 2016 & 2021
Figure 59: Asia-Pacific: Algae Products Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 60: China: Algae Products Market: Sales Value (in Million US$), 2016 & 2021
Figure 61: China: Algae Products Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 62: Japan: Algae Products Market: Sales Value (in Million US$), 2016 & 2021
Figure 63: Japan: Algae Products Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 64: India: Algae Products Market: Sales Value (in Million US$), 2016 & 2021
Figure 65: India: Algae Products Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 66: South Korea: Algae Products Market: Sales Value (in Million US$), 2016 & 2021
Figure 67: South Korea: Algae Products Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 68: Australia: Algae Products Market: Sales Value (in Million US$), 2016 & 2021
Figure 69: Australia: Algae Products Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 70: Indonesia: Algae Products Market: Sales Value (in Million US$), 2016 & 2021
Figure 71: Indonesia: Algae Products Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 72: Others: Algae Products Market: Sales Value (in Million US$), 2016 & 2021
Figure 73: Others: Algae Products Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 74: Europe: Algae Products Market: Sales Value (in Million US$), 2016 & 2021
Figure 75: Europe: Algae Products Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 76: Germany: Algae Products Market: Sales Value (in Million US$), 2016 & 2021
Figure 77: Germany: Algae Products Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 78: France: Algae Products Market: Sales Value (in Million US$), 2016 & 2021
Figure 79: France: Algae Products Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 80: United Kingdom: Algae Products Market: Sales Value (in Million US$), 2016 & 2021
Figure 81: United Kingdom: Algae Products Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 82: Italy: Algae Products Market: Sales Value (in Million US$), 2016 & 2021
Figure 83: Italy: Algae Products Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 84: Spain: Algae Products Market: Sales Value (in Million US$), 2016 & 2021
Figure 85: Spain: Algae Products Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 86: Russia: Algae Products Market: Sales Value (in Million US$), 2016 & 2021
Figure 87: Russia: Algae Products Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 88: Others: Algae Products Market: Sales Value (in Million US$), 2016 & 2021
Figure 89: Others: Algae Products Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 90: Latin America: Algae Products Market: Sales Value (in Million US$), 2016 & 2021
Figure 91: Latin America: Algae Products Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 92: Brazil: Algae Products Market: Sales Value (in Million US$), 2016 & 2021
Figure 93: Brazil: Algae Products Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 94: Mexico: Algae Products Market: Sales Value (in Million US$), 2016 & 2021
Figure 95: Mexico: Algae Products Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 96: Others: Algae Products Market: Sales Value (in Million US$), 2016 & 2021
Figure 97: Others: Algae Products Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 98: Middle East and Africa: Algae Products Market: Sales Value (in Million US$), 2016 & 2021
Figure 99: Middle East and Africa: Algae Products Market: Breakup by Country (in %), 2021
Figure 100: Middle East and Africa: Algae Products Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 101: Global: Algae Products Industry: SWOT Analysis
Figure 102: Global: Algae Products Industry: Value Chain Analysis
Figure 103: Global: Algae Products Industry: Porter's Five Forces Analysis


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