Increasing Awareness About Health Benefits of Algae Products to Drive Market Growth

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MarketsandMarkets Presents

• Increasing Awareness About Health Benefits of
  Algae Products to Drive Market Growth

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• The report "Algae Products Market by Type
  (Lipids, Carrageenan, Carotenoids, Alginate, and
  Algal Protein), Application (Food Beverages,
  Nutraceuticals Dietary Supplements, Personal
  Care, Feed, and Pharmaceuticals), Source, Form,
  and Region - Global Forecast to 2023, the market
  is estimated to be USD 3.98 Billion in 2018 and
  is projected to reach a value of USD 5.17
  Billion by 2023, at a CAGR of 5.4. The market is
  driven by factors such as rising health concerns
  (which include obesity and diabetes) due to
  consumption of high-calorie products. 
• Browse
• 68 Market Data Tables
• 40 Figures
• 138 Pages and in-depth TOC on "Algae Products
  Market
• You can speak to our analyst _at_
• https//www.marketsandmarkets.com/speaktoanalystNe
  w.asp?id250538721

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(No Transcript)
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• The global algae products market is estimated at
  USD 3.98 Billion in 2018 and is projected to grow
  at a CAGR of 5.4, to reach USD 5.17 Billion by
  2023. The direct consumption of algae as a food
  product makes it a reliable food alternative with
  high nutritional value, which is a necessity for
  the growing population. This factor can also be
  considered as a driver for this industry.
• North America accounted for the largest share of
  the algae products market in 2017. This market is
  driven by the rise in health-conscious consumers
  due to the growing incidences of diseases and
  conditions such as diabetes and high-blood
  pressure, and also the high demand for
  plant-derived protein that has been fueling the
  market for algae products.
• Companies such as Cargill (US), DowDuPont (US),
  and BASF (Germany) have acquired leading market
  positions through the provision of a broad
  product portfolio, along with a focus on diverse
  end-user segments. 

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• Scope of the Report
• On the basis of Application, the algae products
  market has been segmented as follows
• Food beverages
• Nutraceuticals dietary supplements
• Feed
• Personal care products
• Pharmaceuticals
• Others (pet food, fortified food, and infant
  food)

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• On the basis of Type, the algae products market
  has been segmented as follows
• Lipids
• Carrageenan
• Carotenoids
• Algal protein
• Alginate
• Others (algal flour, dried algae, and agar)
• On the basis of Source, the algae products market
  has been segmented as follows
• Brown algae
• Blue-green algae
• Green algae
• Red algae
• Others (yellow-brown algae and golden algae)

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• On the basis of Form, the algae products market
  has been segmented as follows
• Solid
• Liquid
• On the basis of Region, the algae products market
  has been segmented as follows
• North America
• Europe
• Asia Pacific
• RoW (South America, Middle East Africa)

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• Target Audience
• Regulatory and research organizations
• Raw material producers (algae cultivators),
  suppliers, and distributors
• Food beverage, nutraceutical products retailers
• Algae products  manufacturers, traders,
  distributors, and dealers

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