Algae Products Market Research and Forecast Report 2023-2028

1. Global Algae Products Market Research and Forecast Report 2023-2028 Author: Elena Anderson, Marketing Manager | Copyright © IMARC Service Pvt Ltd. All Rights Reserved IMARC Group © 2019 IMARC All Rights Reserved

2. Report DescriptionAbout IMARC Group The International Market Analysis Research and Consulting Group is a leading adviser on management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses. IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, chemicals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise. IMARC’s tailored approach combines unfathomable insight into the dynamics of companies and markets with close cooperation at all levels of the client organization. This ensures that our clients achieve unmatchable competitive advantage, build more proficient organizations, and secure lasting results.

3. Report Description and Highlights Report Description Global Algae Products Market Research Report: The latest report by IMARC, titled “Algae Products Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028” the global algae products market size reached US$ 1.8 Billion in 2022. Algae products contain vitamins, minerals, and fatty acids, and are often made from seaweed, chlorella, and kelp. An algae product is high in protein and contains necessary amino acids, which aid the formation of enzymes in the human body. These compounds have antioxidant, antiproliferative, antihypertensive, anticoagulant, and immunostimulatory effects, due to which they are widely utilized in the preparation of dietary supplements. The primary and secondary metabolites of algae are generally extracted as nutritional compounds, whereas other products, such as agar, alginate, and hydrocolloids, are used as gelling, thickening, suspending, and stabilizing agents. Request Free Sample Report: https://www.imarcgroup.com/algae-products-market/requestsample

4. Report Description and Highlights Report Description Global Algae Products Market Trends: The global market is majorly driven by the augmenting demand for natural products in the customization of functional food product portfolios by the key players. This can be attributed to the growing consumption of algae- based feed and food supplements among the masses. In addition to this, the rising consumer awareness regarding the health benefits associated with omega 3 and fatty acids is resulting in a higher product uptake on the global level. Moreover, the rapid product utilization in aquaculture feed for the production of livestock for aquaculture species is providing an impetus to the market. The market is also propelled by the rising adoption of algae biofuel due to the continual advancements in process technology. Some of the other factors creating a positive market outlook include the expanding production abilities and food manufacturing base, the increasing demand for vegan and organic products, inflating disposable income levels and extensive research and development (R&D) activities. On account of the aforementioned factors, the market is anticipated to reach a value of US$ 2.5 Billion by 2028, exhibiting a CAGR of 5.3% during 2023-2028. Looking forward, the market value is projected to reach a strong growth during the forecast period (2023-2028).

5. Report Description and Highlights Report Description Market Summary: Type Insights: • Lipids • Carrageenan • Carotenoids • Algal Protein • Alginate • Others Source Insights: • Brown Algae • Blue-Green Algae • Red Algae • Green Algae Form Insights: • Solid • Liquid

6. Report Description and Highlights Report Description Distribution Channel Insights: • Online • Offline Application Insights: • Food and Beverages • Nutraceuticals and Dietary Supplements • Personal Care • Feed • Pharmaceuticals • Chemicals • Others Regional Insights: • North America • United States • Canada • Asia-Pacific • China

7. Report Description and Highlights Report Description • 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

8. Report Description and Highlights Report Description Competitive Landscape with Key Players: • • • • • • • • • • • • • 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. TBK Manufacturing Corporation View Full Report with TOC & List of Figure: https://www.imarcgroup.com/algae-products-market

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11. Report Description and Highlights Report Description © 2019 IMARC All Rights Reserved This Publication and all it’s contents unless otherwise mentioned are copyrighted in the name of International Market Analysis Research and Consulting (IMARC). No part of this publication may be reproduced, repackaged, redistributed or resold in whole or in any part. The publication may also not be used in any form or by and means graphic electronic or mechanical, including photocopying, recording, taping or by information storage or retrieval, or by any other form, without the express consent of International Market Analysis Research and Consulting (IMARC). Disclaimer: All contents and data of this publication, including forecasts, data analysis and opinion have been based on information and sources believed to be accurate and reliable at the time of publishing. International Market Analysis Research and Consulting makes no representation of warranty of any kind as to the accuracy or completeness of any Information provided. IMARC accepts no liability whatsoever for any loss or damage resulting from opinion, errors or inaccuracies if any found this publication. IMARC, IMARC Group and Global Therapy Insight Series are registered trademarks of International Market Analysis Research and Consulting. All other trademarks used in this publication are registered trademarks of their respective companies.

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