Algae Proteins Market
Positive Health Chart ? Explore How the Algae Proteins Satisfy the Nutritional Demand for customers
Algae Proteins Market by Type, Application & Region - Forecast 2023 to 2033
Algae Proteins Market Outlook 2023 to 2033
The algae proteins market is projected to have a CAGR of 8.4% by 2033. According to FMI, the market is expected to expand from US$ 3.7 billion in 2023 to US$ 8.29 billion by 2033.
Due to factors such as the growing vegan population, higher product usage in food and beverage applications, and growing public awareness of the benefits of a healthy eating lifestyle, the market for algae proteins is anticipated to expand throughout the projected period.
Moreover, a growing number of customers are turning to algae proteins due to their excellent nutritional value and sustainability. The demand for algae proteins is anticipated to be driven by consumers' expanding need for plant-based proteins and their rising health consciousness.
Additionally, it is anticipated that rising consumer demand for convenience foods and drinks would further fuel the industry. Algae proteins become more popular as a result of the growing vegetarianism trend and the demand for organic food.
Furthermore, it is anticipated that the algae protein manufacturers would see profitable prospects as a result of the growing research and development efforts related to the synthesis of proteins derived from algae.
Consumer awareness about the value of clean protein in a daily diet for sustaining energy and managing weight is expected to have a positive effect on the algae protein market expansion.
Additionally, the popularity of plant-based nutraceuticals is on the rise due to their many advantages, including the fact that they are entirely natural and chemical-free, which helps the algae protein market to grow.
|
Attributes |
Details |
|
Algae Proteins Market CAGR (2023 to 2033) |
8.4% |
|
Algae Proteins Market Size (2023) |
US$ 3.7 billion |
|
Algae Proteins Market Size (2033) |
US$ 8.29 billion |
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Algae Proteins Popularity Mirrored to Immunity Booster
The sales of algae proteins capsules are expected to expand as consumers' need for goods that support immunity and sustain metabolism increases. Compared to powdered or liquid forms, pills or capsules are easier to transport, which should help the capsule dosage form's business growth.
Algae protein capsules manufactured from processed spirulina and chlorella are excellent for boosting the immune system, reducing radiation side effects, and preventing cancer. The algae proteins market share is likely to benefit from the increased development of these algae capsules as cancer cases around the world rise.
Demand for Algae Proteins Surges With Mental Health Concerns
Sales of algae proteins is high due to its ability to treat a variety of conditions, including premenstrual heart disease, attention deficit-hyperactivity disorder (ADHD), diabetes, and many more.
With higher nutrient content, positive impact on the immune system, as well as other health benefits, manufacturers can look up for best class opportunities in the market. Additionally, customers' tastes for plant-based and other meat alternatives have shifted as a result of the growing sustainability concerns, such as the production of meat's increased greenhouse gas emissions and loss of biodiversity.
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Talk to AnalystIs the Algae Proteins Market Expanding? Industry Outlook from (2018 to 2022) to (2023 to 2033)
Moreover, revenue generation in the market expanded at a 16% CAGR from 2018 to 2022. Although the market is expanding at a lower expected rate of 8.4% during the forecast period, it still shows lucrative opportunities emerging in different regions.
Consumers are becoming more health conscious, which is fueling the growth of the algae protein market in the Asia Pacific. Between 2018 and 2022, the market for algae proteins in Asia–Pacific is anticipated to grow at a CAGR of over 10%. It is anticipated that it would dominate the market by 2033, holding more than 90% of the market share.
The United States, being the major contributor to the North American market, had a share of 16.2% in 2018, which increased to 18.2% in 2022. Market CAGR was expanding at a CAGR of 8% between 2018 to 2022. By 2033, it is expected to develop a CAGR of 10.5%.
According to the algae proteins market research report by FMI, algae nutritional supplements may strengthen defenses against COVID-19 and other viral diseases. As a result, the demand for spirulina-based goods has surged due to the growing popularity of algae nutraceuticals, which has helped the sector thrive throughout the pandemic.
How Does the Market Show New Opportunities for Algae Proteins?
- Green Microalgae Popularity
Demand for green microalgae is high, as they are frequently employed in cosmetic formulations owing to their advantageous qualities, such as their ability to moisturize and regenerate skin.
Moreover, chlorella is a genus of single-celled green algae that has shown promising effects in reducing cholesterol levels and detoxifying the body, which promotes the algae proteins market share.
- Health Awareness
The population's growing awareness of the health advantages of algae proteins is the main factor driving the market upward. Over the forecast period, it is also anticipated that rising disposable incomes, rapid urbanization, and economic growth increase the market's overall sales of algae proteins.
- Production Expenditure
One of the factors that can prevent the global algae protein market from increasing its income is high production expenses, which drive up the cost of the final product. Some persons may experience adverse reactions to algae protein and related products, which may limit their use. For this, market participants need to keep up with the cost-cutting approaches.
Additionally, the main factors affecting algae cultivation are humidity and climate. The adoption of algae protein in the upcoming years might be hampered by various climatic factors' effects on algae farming.
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Comparative View of Adjacent Algae Proteins Market
Algae Proteins Market:
|
Attributes |
Algae Proteins Market |
|
CAGR (2023 to 2033) |
8.4% |
|
Market Value (2033) |
US$ 8.29 billion |
|
Growth Factor |
Convenience food and beverage demand from consumers would support the sector. |
|
Opportunity |
The consumer's growing knowledge of the importance of clean protein in a daily diet for sustaining energy and controlling weight is anticipated to positively impact the growth of the algae protein market. |
|
Key Trends |
Manufacturers can search for the greatest class chances in the industry due to the immune system benefit, as well as other health advantages. |
Algae Omega Market;
|
Attributes |
Algae Omega Market |
|
CAGR (2023 to 2033) |
3.6% |
|
Market Value (2033) |
US$ 1.5 billion |
|
Growth Factor |
The widespread usage of algae omega in dietary supplements has a big impact on the product's rising demand. |
|
Opportunity |
To enhance output rates, producers are also utilizing closed photo-bio reactor technology instead of traditional algae farming. |
|
Key Trends |
Some of the reasons anticipated to propel the market growth include an increase in disposable income and the expansion of the e-commerce sector. |
Algae Oil Market:
|
Attributes |
Algae Oil Market |
|
CAGR (2023 to 2033) |
4.7% |
|
Market Value (2033) |
US$ 3.25 billion |
|
Growth Factor |
The flexibility of natural goods and the associated health benefits contribute to their great demand. |
|
Opportunity |
Growing desire for healthy vegetable sources is a factor promoting global market expansion. |
|
Key Trends |
Increasing use of algae oil in the pharmaceutical, food, and beverage industries is opening up new business opportunities. |
Category-wise Outlook
Based on Type, Why are Microalgae Proteins Popular in the Market?
Microalgae segment held the greatest share in the algae proteins market during the forecast period. Spirulina is a rich source of protein when compared to other plant-based sources, as it has 50% to 70% protein by dry weight, whereas soy flour only has 35%, which encourages the overall growth of this segment.
From 2023 to 2033, the chlorella market is anticipated to expand at a CAGR of 9.3%. Globally, functional beverages with algae protein - like chlorella ingredients - that offer health advantages in addition to a tasty flavor are becoming more and more popular, supporting the market share.
Nutraceuticals Promote the Freshwater Algae Segments in the Overall Market
With roughly 77.0% of the total revenue coming from the sources segment, freshwater algae held the highest share. Algae are being grown in freshwater ponds and photobioreactors by a number of important firms, including Cyanotech Corporation and EID Perry, among others. Chlorella and spirulina are in greater demand than ever, primarily due to the nutraceuticals and pet food industries.
During the forecast period, the marine algae market is projected to expand at a CAGR of 2.2%. Seaweed, or marine algae, has long been utilized in the human diet, particularly in Asian nations like South Korea and Japan. It is typically eaten as a snack or an ingredient in different dishes and soups.
Which Source Generates the Highest Revenue in the Algae Proteins Market?
The market is led by dietary supplements during the forecast period. Demand for algae proteins increases due to the expansion of the nutraceutical industries in India, China, and Japan as a result of the increased popularity of health supplements.
Moreover, in powder, liquid, tablet, paste, and capsule forms, chlorella and spirulina are well-liked algae protein-based dietary supplements in the area and around the world. During the forecast period, the human food market is anticipated to grow significantly.
As algae protein has beneficial qualities, including removing allergies, staying stable at low temperatures, and adding fiber, algae proteins are becoming more popular. An increasing working population, fast urbanization, and rising population are driving forces behind the need for processed foods; these forces favorably impact the growth of the algae proteins industry.
Regional Analysis
High Protein Diet Trends Encourage US Market to Generate More Revenue
Regulations and rising concerns about animal welfare and food safety in the US are likely to increase demand for algae protein-based animal feed. The rise is being fueled by an increase in the consumption of poultry meat for a high protein diet.
Due to busy lifestyles, bad eating habits, and rising health issues, people are increasingly turning to nutritional supplements to guarantee that the body receives enough nutrients. The market in North America is anticipated to increase due to growing interest in preventative healthcare and increased demand for nutraceuticals, which contain nutrient-dense ingredients.
Growing use of dietary supplements, tough laws banning the use of artificial food coloring, and the presence of significant spirulina producers in the United States boost the adoption of algae proteins.
Moreover, the presence of several fast food chains and restaurants, together with shifting consumer eating preferences, are expected to have a beneficial impact on the market's growth.
Why does China have the Largest Market Share in the Asia-Pacific Region?
Due to growing exports and local demand for plant-based ingredients, Asia Pacific accounted for the largest market share. China is one of the leading producers of plant-based compounds in the region, due to the easy access to raw materials there.
In the upcoming years, it is anticipated that growing nations like India, China, Indonesia, South Korea, and Malaysia require more plant proteins due to the expansion of the pharmaceutical, animal feed, food & beverage, and cosmetics industries.
Europe Algae Proteins Market- A Home for Potential Investors
Some of the top producers of algae proteins in the world, like Cyanotech, Eden Foods, and Algaia, are based in Europe, and they are what is causing the business to flourish there. Additionally, the market in Europe is expanding as a result of the growing demand for algae proteins in the pharmaceutical and cosmetics industries, as well as the expanding use of algae proteins in animal feed.
Additionally, the UK’s market growth in the area is probably going to be fueled by rising research and development expenditures, as well as quickening technological developments in the synthesis of algae proteins.
Competitive Landscape
Profitable Initiatives by algae proteins manufacturers open up new possibilities for the rivals in the algae proteins market.
The emphasis is placed on new product development, merger, expansion, acquisition, and partnership of the companies as strategic tactics used by the top companies to increase their brand presence among customers.
In order to use the client base for any upcoming product launches, top companies in the market are also aiming to leverage their distribution partnerships with businesses across various areas by merging or acquiring.
Recent Projects
- Tofurky, a firm that makes plant-based meat, teamed up with Triton Algae Innovations in September 2021 to commercialize "algae-based meat innovations" that use Triton's "essential red" non-GMO algae, which is rich in protein.
- A relationship between Nutrex Hawaii and Netrush, an online merchant that helps firms with a social conscience expand on Amazon and other e-commerce platforms, was announced in June 2021. Netrush offers supply chain and logistics services, marketing, and creative services, and catalog and inventory management to Nutrex, Hawaii.
- Corbion and Nestle SA teamed up in March 2022 to advance the portfolio of plant-based products. Together, the two create microalgae-based ingredients to improve sustainability.
- Duplaco BV invested in March 2020 to raise output by 20 times using cutting-edge technology and a cutting-edge research & development facility.
- 2020 saw the announcement of a new partnership between Unilever and biotech startup Algenuity to explore the enormous potential microalgae bring to inventing future foods for Unilever's plant-based portfolio.
Key players
- AlgoSource SA
- Cyanotech Corporation
- Duplaco B.V.
- Roquette Freres
- Seagrass Tech Private Limited
- Others
Key segments
By Type:
- Microalgae
- Macroalgae
By Source:
- Freshwater
- Marine
By Application:
- Dietary Supplements
- Human Food
- Animal Feed
By Region:
- North America
- Latin America
- Europe
- East Asia
- South Asia and Pacific
- Middle East & Africa
Frequently Asked Questions
The algae proteins market is estimated to record a CAGR of 8.4% during the forecast period.
The algae proteins market size is predicted to be valued at US$ 8.29 billion by 2033.
The algae proteins market share is valued at US$ 3.7 billion in 2023.
By 2033, Asia Pacific is anticipated to hold the largest algae proteins market share of 90%.
The microalgae is likely to dominate the algae proteins market by 2033.
Table of Content
1. Executive Summary
1.1. Global Market Outlook
1.2. Demand-side Trends
1.3. Supply-side Trends
1.4. Technology Roadmap Analysis
1.5. Analysis and Recommendations
2. Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations
3. Market Background
3.1. Market Dynamics
3.1.1. Drivers
3.1.2. Restraints
3.1.3. Opportunity
3.1.4. Trends
3.2. Scenario Forecast
3.2.1. Demand in Optimistic Scenario
3.2.2. Demand in Likely Scenario
3.2.3. Demand in Conservative Scenario
3.3. Opportunity Map Analysis
3.4. Product Life Cycle Analysis
3.5. Supply Chain Analysis
3.5.1. Supply Side Participants and their Roles
3.5.1.1. Producers
3.5.1.2. Mid-Level Participants (Traders/ Agents/ Brokers)
3.5.1.3. Wholesalers and Distributors
3.5.2. Value Added and Value Created at Node in the Supply Chain
3.5.3. List of Raw Material Suppliers
3.5.4. List of Existing and Potential Buyer’s
3.6. Investment Feasibility Matrix
3.7. Value Chain Analysis
3.7.1. Profit Margin Analysis
3.7.2. Wholesalers and Distributors
3.7.3. Retailers
3.8. PESTLE and Porter’s Analysis
3.9. Regulatory Landscape
3.9.1. By Key Regions
3.9.2. By Key Countries
3.10. Regional Parent Market Outlook
3.11. Production and Consumption Statistics
3.12. Import and Export Statistics
4. Global Market Analysis 2017-2021 and Forecast, 2022-2032
4.1. Historical Market Size Value (US$ Mn) & Volume (Tons) Analysis, 2017-2021
4.2. Current and Future Market Size Value (US$ Mn) & Volume (Tons) Projections, 2022-2032
4.2.1. Y-o-Y Growth Trend Analysis
4.2.2. Absolute $ Opportunity Analysis
5. Global Market Analysis 2017-2021 and Forecast 2022-2032, By Source
5.1. Introduction / Key Findings
5.2. Historical Market Size Value (US$ Mn) & Volume (Tons) Analysis By Source, 2017-2021
5.3. Current and Future Market Size Value (US$ Mn) & Volume (Tons) Analysis and Forecast By Source, 2022-2032
5.3.1. Seaweed
5.3.1.1. Brown Algae
5.3.1.2. Green Algae
5.3.1.3. Red Algae
5.3.2. Microalgae
5.3.2.1. Spirulina - Blue-green Algae
5.3.2.2. Chlorella - Green Algae
5.3.2.3. Others
5.4. Y-o-Y Growth Trend Analysis By Source, 2017-2021
5.5. Absolute $ Opportunity Analysis By Source, 2022-2032
6. Global Market Analysis 2017-2021 and Forecast 2022-2032, By Dosage Form
6.1. Introduction / Key Findings
6.2. Historical Market Size Value (US$ Mn) & Volume (Tons) Analysis By Dosage Form, 2017-2021
6.3. Current and Future Market Size Value (US$ Mn) & Volume (Tons) Analysis and Forecast By Dosage Form, 2022-2032
6.3.1. Capsule
6.3.2. Liquid
6.3.3. Powder
6.3.4. Others
6.4. Y-o-Y Growth Trend Analysis By Dosage Form, 2017-2021
6.5. Absolute $ Opportunity Analysis By Dosage Form, 2022-2032
7. Global Market Analysis 2017-2021 and Forecast 2022-2032, By Application
7.1. Introduction / Key Findings
7.2. Historical Market Size Value (US$ Mn) & Volume (Tons) Analysis By Application, 2017-2021
7.3. Current and Future Market Size Value (US$ Mn) & Volume (Tons) Analysis and Forecast By Application, 2022-2032
7.3.1. Dietary Supplements
7.3.2. Food & Beverage
7.3.2.1. Bakery & Confectionary
7.3.2.2. Protein Drinks
7.3.2.3. Breakfast Cereals
7.3.2.4. Snacks
7.3.2.5. Others
7.3.3. Animal Feed
7.3.4. Cosmetics
7.3.5. Others
7.4. Y-o-Y Growth Trend Analysis By Application, 2017-2021
7.5. Absolute $ Opportunity Analysis By Application, 2022-2032
8. Global Market Analysis 2017-2021 and Forecast 2022-2032, By Region
8.1. Introduction
8.2. Historical Market Size Value (US$ Mn) & Volume (Tons) Analysis By Region, 2017-2021
8.3. Current Market Size Value (US$ Mn) & Volume (Tons) Analysis and Forecast By Region, 2022-2032
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. MEA
8.4. Market Attractiveness Analysis By Region
9. North America Market Analysis 2017-2021 and Forecast 2022-2032, By Country
9.1. Historical Market Size Value (US$ Mn) & Volume (Tons) Trend Analysis By Market Taxonomy, 2017-2021
9.2. Market Size Value (US$ Mn) & Volume (Tons) Forecast By Market Taxonomy, 2022-2032
9.2.1. By Country
9.2.1.1. U.S.
9.2.1.2. Canada
9.2.2. By Source
9.2.3. By Dosage Form
9.2.4. By Application
9.3. Market Attractiveness Analysis
9.3.1. By Country
9.3.2. By Source
9.3.3. By Dosage Form
9.3.4. By Application
9.4. Key Takeaways
10. Latin America Market Analysis 2017-2021 and Forecast 2022-2032, By Country
10.1. Historical Market Size Value (US$ Mn) & Volume (Tons) Trend Analysis By Market Taxonomy, 2017-2021
10.2. Market Size Value (US$ Mn) & Volume (Tons) Forecast By Market Taxonomy, 2022-2032
10.2.1. By Country
10.2.1.1. Brazil
10.2.1.2. Mexico
10.2.1.3. Rest of Latin America
10.2.2. By Source
10.2.3. By Dosage Form
10.2.4. By Application
10.3. Market Attractiveness Analysis
10.3.1. By Country
10.3.2. By Source
10.3.3. By Dosage Form
10.3.4. By Application
10.4. Key Takeaways
11. Europe Market Analysis 2017-2021 and Forecast 2022-2032, By Country
11.1. Historical Market Size Value (US$ Mn) & Volume (Tons) Trend Analysis By Market Taxonomy, 2017-2021
11.2. Market Size Value (US$ Mn) & Volume (Tons) Forecast By Market Taxonomy, 2022-2032
11.2.1. By Country
11.2.1.1. Germany
11.2.1.2. U.K.
11.2.1.3. France
11.2.1.4. Spain
11.2.1.5. Italy
11.2.1.6. Rest of Europe
11.2.2. By Source
11.2.3. By Dosage Form
11.2.4. By Application
11.3. Market Attractiveness Analysis
11.3.1. By Country
11.3.2. By Source
11.3.3. By Dosage Form
11.3.4. By Application
11.4. Key Takeaways
12. Asia Pacific Market Analysis 2017-2021 and Forecast 2022-2032, By Country
12.1. Historical Market Size Value (US$ Mn) & Volume (Tons) Trend Analysis By Market Taxonomy, 2017-2021
12.2. Market Size Value (US$ Mn) & Volume (Tons) Forecast By Market Taxonomy, 2022-2032
12.2.1. By Country
12.2.1.1. China
12.2.1.2. Japan
12.2.1.3. South Korea
12.2.1.4. Singapore
12.2.1.5. Thailand
12.2.1.6. Indonesia
12.2.1.7. Australia
12.2.1.8. New Zealand
12.2.1.9. Rest of Asia Pacific
12.2.2. By Source
12.2.3. By Dosage Form
12.2.4. By Application
12.3. Market Attractiveness Analysis
12.3.1. By Country
12.3.2. By Source
12.3.3. By Dosage Form
12.3.4. By Application
12.4. Key Takeaways
13. MEA Market Analysis 2017-2021 and Forecast 2022-2032, By Country
13.1. Historical Market Size Value (US$ Mn) & Volume (Tons) Trend Analysis By Market Taxonomy, 2017-2021
13.2. Market Size Value (US$ Mn) & Volume (Tons) Forecast By Market Taxonomy, 2022-2032
13.2.1. By Country
13.2.1.1. GCC Countries
13.2.1.2. South Africa
13.2.1.3. Israel
13.2.1.4. Rest of MEA
13.2.2. By Source
13.2.3. By Dosage Form
13.2.4. By Application
13.3. Market Attractiveness Analysis
13.3.1. By Country
13.3.2. By Source
13.3.3. By Dosage Form
13.3.4. By Application
13.4. Key Takeaways
14. Key Countries Market Analysis
14.1. U.S.
14.1.1. Pricing Analysis
14.1.2. Market Share Analysis, 2021
14.1.2.1. By Source
14.1.2.2. By Dosage Form
14.1.2.3. By Application
14.2. Canada
14.2.1. Pricing Analysis
14.2.2. Market Share Analysis, 2021
14.2.2.1. By Source
14.2.2.2. By Dosage Form
14.2.2.3. By Application
14.3. Brazil
14.3.1. Pricing Analysis
14.3.2. Market Share Analysis, 2021
14.3.2.1. By Source
14.3.2.2. By Dosage Form
14.3.2.3. By Application
14.4. Mexico
14.4.1. Pricing Analysis
14.4.2. Market Share Analysis, 2021
14.4.2.1. By Source
14.4.2.2. By Dosage Form
14.4.2.3. By Application
14.5. Germany
14.5.1. Pricing Analysis
14.5.2. Market Share Analysis, 2021
14.5.2.1. By Source
14.5.2.2. By Dosage Form
14.5.2.3. By Application
14.6. U.K.
14.6.1. Pricing Analysis
14.6.2. Market Share Analysis, 2021
14.6.2.1. By Source
14.6.2.2. By Dosage Form
14.6.2.3. By Application
14.7. France
14.7.1. Pricing Analysis
14.7.2. Market Share Analysis, 2021
14.7.2.1. By Source
14.7.2.2. By Dosage Form
14.7.2.3. By Application
14.8. Spain
14.8.1. Pricing Analysis
14.8.2. Market Share Analysis, 2021
14.8.2.1. By Source
14.8.2.2. By Dosage Form
14.8.2.3. By Application
14.9. Italy
14.9.1. Pricing Analysis
14.9.2. Market Share Analysis, 2021
14.9.2.1. By Source
14.9.2.2. By Dosage Form
14.9.2.3. By Application
14.10. China
14.10.1. Pricing Analysis
14.10.2. Market Share Analysis, 2021
14.10.2.1. By Source
14.10.2.2. By Dosage Form
14.10.2.3. By Application
14.11. Japan
14.11.1. Pricing Analysis
14.11.2. Market Share Analysis, 2021
14.11.2.1. By Source
14.11.2.2. By Dosage Form
14.11.2.3. By Application
14.12. South Korea
14.12.1. Pricing Analysis
14.12.2. Market Share Analysis, 2021
14.12.2.1. By Source
14.12.2.2. By Dosage Form
14.12.2.3. By Application
14.13. Singapore
14.13.1. Pricing Analysis
14.13.2. Market Share Analysis, 2021
14.13.2.1. By Source
14.13.2.2. By Dosage Form
14.13.2.3. By Application
14.14. Thailand
14.14.1. Pricing Analysis
14.14.2. Market Share Analysis, 2021
14.14.2.1. By Source
14.14.2.2. By Dosage Form
14.14.2.3. By Application
14.15. Indonesia
14.15.1. Pricing Analysis
14.15.2. Market Share Analysis, 2021
14.15.2.1. By Source
14.15.2.2. By Dosage Form
14.15.2.3. By Application
14.16. Australia
14.16.1. Pricing Analysis
14.16.2. Market Share Analysis, 2021
14.16.2.1. By Source
14.16.2.2. By Dosage Form
14.16.2.3. By Application
14.17. New Zealand
14.17.1. Pricing Analysis
14.17.2. Market Share Analysis, 2021
14.17.2.1. By Source
14.17.2.2. By Dosage Form
14.17.2.3. By Application
14.18. GCC Countries
14.18.1. Pricing Analysis
14.18.2. Market Share Analysis, 2021
14.18.2.1. By Source
14.18.2.2. By Dosage Form
14.18.2.3. By Application
14.19. South Africa
14.19.1. Pricing Analysis
14.19.2. Market Share Analysis, 2021
14.19.2.1. By Source
14.19.2.2. By Dosage Form
14.19.2.3. By Application
14.20. Israel
14.20.1. Pricing Analysis
14.20.2. Market Share Analysis, 2021
14.20.2.1. By Source
14.20.2.2. By Dosage Form
14.20.2.3. By Application
15. Market Structure Analysis
15.1. Competition Dashboard
15.2. Competition Benchmarking
15.3. Market Share Analysis of Top Players
15.3.1. By Regional
15.3.2. By Source
15.3.3. By Dosage Form
15.3.4. By Application
16. Competition Analysis
16.1. Competition Deep Dive
16.1.1. Heliae Development LLC.
16.1.1.1. Overview
16.1.1.2. Product Portfolio
16.1.1.3. Profitability by Market Segments
16.1.1.4. Sales Footprint
16.1.1.5. Strategy Overview
16.1.1.5.1. Marketing Strategy
16.1.1.5.2. Product Strategy
16.1.1.5.3. Channel Strategy
16.1.2. ENERGYbits Inc.
16.1.2.1. Overview
16.1.2.2. Product Portfolio
16.1.2.3. Profitability by Market Segments
16.1.2.4. Sales Footprint
16.1.2.5. Strategy Overview
16.1.2.5.1. Marketing Strategy
16.1.2.5.2. Product Strategy
16.1.2.5.3. Channel Strategy
16.1.3. Far East Bio-Tec Co., Ltd.
16.1.3.1. Overview
16.1.3.2. Product Portfolio
16.1.3.3. Profitability by Market Segments
16.1.3.4. Sales Footprint
16.1.3.5. Strategy Overview
16.1.3.5.1. Marketing Strategy
16.1.3.5.2. Product Strategy
16.1.3.5.3. Channel Strategy
16.1.4. Roquette Klötze GmbH & Co. KG
16.1.4.1. Overview
16.1.4.2. Product Portfolio
16.1.4.3. Profitability by Market Segments
16.1.4.4. Sales Footprint
16.1.4.5. Strategy Overview
16.1.4.5.1. Marketing Strategy
16.1.4.5.2. Product Strategy
16.1.4.5.3. Channel Strategy
16.1.5. Nutrex Hawaii Inc.
16.1.5.1. Overview
16.1.5.2. Product Portfolio
16.1.5.3. Profitability by Market Segments
16.1.5.4. Sales Footprint
16.1.5.5. Strategy Overview
16.1.5.5.1. Marketing Strategy
16.1.5.5.2. Product Strategy
16.1.5.5.3. Channel Strategy
16.1.6. Corbion NV
16.1.6.1. Overview
16.1.6.2. Product Portfolio
16.1.6.3. Profitability by Market Segments
16.1.6.4. Sales Footprint
16.1.6.5. Strategy Overview
16.1.6.5.1. Marketing Strategy
16.1.6.5.2. Product Strategy
16.1.6.5.3. Channel Strategy
16.1.7. Allmicroalgae
16.1.7.1. Overview
16.1.7.2. Product Portfolio
16.1.7.3. Profitability by Market Segments
16.1.7.4. Sales Footprint
16.1.7.5. Strategy Overview
16.1.7.5.1. Marketing Strategy
16.1.7.5.2. Product Strategy
16.1.7.5.3. Channel Strategy
16.1.8. E.I.D. Parry (India) Limited
16.1.8.1. Overview
16.1.8.2. Product Portfolio
16.1.8.3. Profitability by Market Segments
16.1.8.4. Sales Footprint
16.1.8.5. Strategy Overview
16.1.8.5.1. Marketing Strategy
16.1.8.5.2. Product Strategy
16.1.8.5.3. Channel Strategy
16.1.9. Earthrise Nutritionals LLC.
16.1.9.1. Overview
16.1.9.2. Product Portfolio
16.1.9.3. Profitability by Market Segments
16.1.9.4. Sales Footprint
16.1.9.5. Strategy Overview
16.1.9.5.1. Marketing Strategy
16.1.9.5.2. Product Strategy
16.1.9.5.3. Channel Strategy
16.1.10. Phycom Microalgae
16.1.10.1. Overview
16.1.10.2. Product Portfolio
16.1.10.3. Profitability by Market Segments
16.1.10.4. Sales Footprint
16.1.10.5. Strategy Overview
16.1.10.5.1. Marketing Strategy
16.1.10.5.2. Product Strategy
16.1.10.5.3. Channel Strategy
16.1.11. Cyanotech Corporation
16.1.11.1. Overview
16.1.11.2. Product Portfolio
16.1.11.3. Profitability by Market Segments
16.1.11.4. Sales Footprint
16.1.11.5. Strategy Overview
16.1.11.5.1. Marketing Strategy
16.1.11.5.2. Product Strategy
16.1.11.5.3. Channel Strategy
16.1.12. Euglena Co Ltd
16.1.12.1. Overview
16.1.12.2. Product Portfolio
16.1.12.3. Profitability by Market Segments
16.1.12.4. Sales Footprint
16.1.12.5. Strategy Overview
16.1.12.5.1. Marketing Strategy
16.1.12.5.2. Product Strategy
16.1.12.5.3. Channel Strategy
17. Assumptions & Acronyms Used
18. Research Methodology
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List of Tables
Table 1: Global Market Value (US$ Mn) Forecast by Region, 2017-2032
Table 2: Global Market Volume (Tons) Forecast by Region, 2017-2032
Table 3: Global Market Value (US$ Mn) Forecast by Source, 2017-2032
Table 4: Global Market Volume (Tons) Forecast by Source, 2017-2032
Table 5: Global Market Value (US$ Mn) Forecast by Dosage Form, 2017-2032
Table 6: Global Market Volume (Tons) Forecast by Dosage Form, 2017-2032
Table 7: Global Market Value (US$ Mn) Forecast by Application, 2017-2032
Table 8: Global Market Volume (Tons) Forecast by Application, 2017-2032
Table 9: North America Market Value (US$ Mn) Forecast by Country, 2017-2032
Table 10: North America Market Volume (Tons) Forecast by Country, 2017-2032
Table 11: North America Market Value (US$ Mn) Forecast by Source, 2017-2032
Table 12: North America Market Volume (Tons) Forecast by Source, 2017-2032
Table 13: North America Market Value (US$ Mn) Forecast by Dosage Form, 2017-2032
Table 14: North America Market Volume (Tons) Forecast by Dosage Form, 2017-2032
Table 15: North America Market Value (US$ Mn) Forecast by Application, 2017-2032
Table 16: North America Market Volume (Tons) Forecast by Application, 2017-2032
Table 17: Latin America Market Value (US$ Mn) Forecast by Country, 2017-2032
Table 18: Latin America Market Volume (Tons) Forecast by Country, 2017-2032
Table 19: Latin America Market Value (US$ Mn) Forecast by Source, 2017-2032
Table 20: Latin America Market Volume (Tons) Forecast by Source, 2017-2032
Table 21: Latin America Market Value (US$ Mn) Forecast by Dosage Form, 2017-2032
Table 22: Latin America Market Volume (Tons) Forecast by Dosage Form, 2017-2032
Table 23: Latin America Market Value (US$ Mn) Forecast by Application, 2017-2032
Table 24: Latin America Market Volume (Tons) Forecast by Application, 2017-2032
Table 25: Europe Market Value (US$ Mn) Forecast by Country, 2017-2032
Table 26: Europe Market Volume (Tons) Forecast by Country, 2017-2032
Table 27: Europe Market Value (US$ Mn) Forecast by Source, 2017-2032
Table 28: Europe Market Volume (Tons) Forecast by Source, 2017-2032
Table 29: Europe Market Value (US$ Mn) Forecast by Dosage Form, 2017-2032
Table 30: Europe Market Volume (Tons) Forecast by Dosage Form, 2017-2032
Table 31: Europe Market Value (US$ Mn) Forecast by Application, 2017-2032
Table 32: Europe Market Volume (Tons) Forecast by Application, 2017-2032
Table 33: Asia Pacific Market Value (US$ Mn) Forecast by Country, 2017-2032
Table 34: Asia Pacific Market Volume (Tons) Forecast by Country, 2017-2032
Table 35: Asia Pacific Market Value (US$ Mn) Forecast by Source, 2017-2032
Table 36: Asia Pacific Market Volume (Tons) Forecast by Source, 2017-2032
Table 37: Asia Pacific Market Value (US$ Mn) Forecast by Dosage Form, 2017-2032
Table 38: Asia Pacific Market Volume (Tons) Forecast by Dosage Form, 2017-2032
Table 39: Asia Pacific Market Value (US$ Mn) Forecast by Application, 2017-2032
Table 40: Asia Pacific Market Volume (Tons) Forecast by Application, 2017-2032
Table 41: MEA Market Value (US$ Mn) Forecast by Country, 2017-2032
Table 42: MEA Market Volume (Tons) Forecast by Country, 2017-2032
Table 43: MEA Market Value (US$ Mn) Forecast by Source, 2017-2032
Table 44: MEA Market Volume (Tons) Forecast by Source, 2017-2032
Table 45: MEA Market Value (US$ Mn) Forecast by Dosage Form, 2017-2032
Table 46: MEA Market Volume (Tons) Forecast by Dosage Form, 2017-2032
Table 47: MEA Market Value (US$ Mn) Forecast by Application, 2017-2032
Table 48: MEA Market Volume (Tons) Forecast by Application, 2017-2032
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Figure 1: Global Market Value (US$ Mn) by Source, 2022-2032
Figure 2: Global Market Value (US$ Mn) by Dosage Form, 2022-2032
Figure 3: Global Market Value (US$ Mn) by Application, 2022-2032
Figure 4: Global Market Value (US$ Mn) by Region, 2022-2032
Figure 5: Global Market Value (US$ Mn) Analysis by Region, 2017-2032
Figure 6: Global Market Volume (Tons) Analysis by Region, 2017-2032
Figure 7: Global Market Value Share (%) and BPS Analysis by Region, 2022-2032
Figure 8: Global Market Y-o-Y Growth (%) Projections by Region, 2022-2032
Figure 9: Global Market Value (US$ Mn) Analysis by Source, 2017-2032
Figure 10: Global Market Volume (Tons) Analysis by Source, 2017-2032
Figure 11: Global Market Value Share (%) and BPS Analysis by Source, 2022-2032
Figure 12: Global Market Y-o-Y Growth (%) Projections by Source, 2022-2032
Figure 13: Global Market Value (US$ Mn) Analysis by Dosage Form, 2017-2032
Figure 14: Global Market Volume (Tons) Analysis by Dosage Form, 2017-2032
Figure 15: Global Market Value Share (%) and BPS Analysis by Dosage Form, 2022-2032
Figure 16: Global Market Y-o-Y Growth (%) Projections by Dosage Form, 2022-2032
Figure 17: Global Market Value (US$ Mn) Analysis by Application, 2017-2032
Figure 18: Global Market Volume (Tons) Analysis by Application, 2017-2032
Figure 19: Global Market Value Share (%) and BPS Analysis by Application, 2022-2032
Figure 20: Global Market Y-o-Y Growth (%) Projections by Application, 2022-2032
Figure 21: Global Market Attractiveness by Source, 2022-2032
Figure 22: Global Market Attractiveness by Dosage Form, 2022-2032
Figure 23: Global Market Attractiveness by Application, 2022-2032
Figure 24: Global Market Attractiveness by Region, 2022-2032
Figure 25: North America Market Value (US$ Mn) by Source, 2022-2032
Figure 26: North America Market Value (US$ Mn) by Dosage Form, 2022-2032
Figure 27: North America Market Value (US$ Mn) by Application, 2022-2032
Figure 28: North America Market Value (US$ Mn) by Country, 2022-2032
Figure 29: North America Market Value (US$ Mn) Analysis by Country, 2017-2032
Figure 30: North America Market Volume (Tons) Analysis by Country, 2017-2032
Figure 31: North America Market Value Share (%) and BPS Analysis by Country, 2022-2032
Figure 32: North America Market Y-o-Y Growth (%) Projections by Country, 2022-2032
Figure 33: North America Market Value (US$ Mn) Analysis by Source, 2017-2032
Figure 34: North America Market Volume (Tons) Analysis by Source, 2017-2032
Figure 35: North America Market Value Share (%) and BPS Analysis by Source, 2022-2032
Figure 36: North America Market Y-o-Y Growth (%) Projections by Source, 2022-2032
Figure 37: North America Market Value (US$ Mn) Analysis by Dosage Form, 2017-2032
Figure 38: North America Market Volume (Tons) Analysis by Dosage Form, 2017-2032
Figure 39: North America Market Value Share (%) and BPS Analysis by Dosage Form, 2022-2032
Figure 40: North America Market Y-o-Y Growth (%) Projections by Dosage Form, 2022-2032
Figure 41: North America Market Value (US$ Mn) Analysis by Application, 2017-2032
Figure 42: North America Market Volume (Tons) Analysis by Application, 2017-2032
Figure 43: North America Market Value Share (%) and BPS Analysis by Application, 2022-2032
Figure 44: North America Market Y-o-Y Growth (%) Projections by Application, 2022-2032
Figure 45: North America Market Attractiveness by Source, 2022-2032
Figure 46: North America Market Attractiveness by Dosage Form, 2022-2032
Figure 47: North America Market Attractiveness by Application, 2022-2032
Figure 48: North America Market Attractiveness by Country, 2022-2032
Figure 49: Latin America Market Value (US$ Mn) by Source, 2022-2032
Figure 50: Latin America Market Value (US$ Mn) by Dosage Form, 2022-2032
Figure 51: Latin America Market Value (US$ Mn) by Application, 2022-2032
Figure 52: Latin America Market Value (US$ Mn) by Country, 2022-2032
Figure 53: Latin America Market Value (US$ Mn) Analysis by Country, 2017-2032
Figure 54: Latin America Market Volume (Tons) Analysis by Country, 2017-2032
Figure 55: Latin America Market Value Share (%) and BPS Analysis by Country, 2022-2032
Figure 56: Latin America Market Y-o-Y Growth (%) Projections by Country, 2022-2032
Figure 57: Latin America Market Value (US$ Mn) Analysis by Source, 2017-2032
Figure 58: Latin America Market Volume (Tons) Analysis by Source, 2017-2032
Figure 59: Latin America Market Value Share (%) and BPS Analysis by Source, 2022-2032
Figure 60: Latin America Market Y-o-Y Growth (%) Projections by Source, 2022-2032
Figure 61: Latin America Market Value (US$ Mn) Analysis by Dosage Form, 2017-2032
Figure 62: Latin America Market Volume (Tons) Analysis by Dosage Form, 2017-2032
Figure 63: Latin America Market Value Share (%) and BPS Analysis by Dosage Form, 2022-2032
Figure 64: Latin America Market Y-o-Y Growth (%) Projections by Dosage Form, 2022-2032
Figure 65: Latin America Market Value (US$ Mn) Analysis by Application, 2017-2032
Figure 66: Latin America Market Volume (Tons) Analysis by Application, 2017-2032
Figure 67: Latin America Market Value Share (%) and BPS Analysis by Application, 2022-2032
Figure 68: Latin America Market Y-o-Y Growth (%) Projections by Application, 2022-2032
Figure 69: Latin America Market Attractiveness by Source, 2022-2032
Figure 70: Latin America Market Attractiveness by Dosage Form, 2022-2032
Figure 71: Latin America Market Attractiveness by Application, 2022-2032
Figure 72: Latin America Market Attractiveness by Country, 2022-2032
Figure 73: Europe Market Value (US$ Mn) by Source, 2022-2032
Figure 74: Europe Market Value (US$ Mn) by Dosage Form, 2022-2032
Figure 75: Europe Market Value (US$ Mn) by Application, 2022-2032
Figure 76: Europe Market Value (US$ Mn) by Country, 2022-2032
Figure 77: Europe Market Value (US$ Mn) Analysis by Country, 2017-2032
Figure 78: Europe Market Volume (Tons) Analysis by Country, 2017-2032
Figure 79: Europe Market Value Share (%) and BPS Analysis by Country, 2022-2032
Figure 80: Europe Market Y-o-Y Growth (%) Projections by Country, 2022-2032
Figure 81: Europe Market Value (US$ Mn) Analysis by Source, 2017-2032
Figure 82: Europe Market Volume (Tons) Analysis by Source, 2017-2032
Figure 83: Europe Market Value Share (%) and BPS Analysis by Source, 2022-2032
Figure 84: Europe Market Y-o-Y Growth (%) Projections by Source, 2022-2032
Figure 85: Europe Market Value (US$ Mn) Analysis by Dosage Form, 2017-2032
Figure 86: Europe Market Volume (Tons) Analysis by Dosage Form, 2017-2032
Figure 87: Europe Market Value Share (%) and BPS Analysis by Dosage Form, 2022-2032
Figure 88: Europe Market Y-o-Y Growth (%) Projections by Dosage Form, 2022-2032
Figure 89: Europe Market Value (US$ Mn) Analysis by Application, 2017-2032
Figure 90: Europe Market Volume (Tons) Analysis by Application, 2017-2032
Figure 91: Europe Market Value Share (%) and BPS Analysis by Application, 2022-2032
Figure 92: Europe Market Y-o-Y Growth (%) Projections by Application, 2022-2032
Figure 93: Europe Market Attractiveness by Source, 2022-2032
Figure 94: Europe Market Attractiveness by Dosage Form, 2022-2032
Figure 95: Europe Market Attractiveness by Application, 2022-2032
Figure 96: Europe Market Attractiveness by Country, 2022-2032
Figure 97: Asia Pacific Market Value (US$ Mn) by Source, 2022-2032
Figure 98: Asia Pacific Market Value (US$ Mn) by Dosage Form, 2022-2032
Figure 99: Asia Pacific Market Value (US$ Mn) by Application, 2022-2032
Figure 100: Asia Pacific Market Value (US$ Mn) by Country, 2022-2032
Figure 101: Asia Pacific Market Value (US$ Mn) Analysis by Country, 2017-2032
Figure 102: Asia Pacific Market Volume (Tons) Analysis by Country, 2017-2032
Figure 103: Asia Pacific Market Value Share (%) and BPS Analysis by Country, 2022-2032
Figure 104: Asia Pacific Market Y-o-Y Growth (%) Projections by Country, 2022-2032
Figure 105: Asia Pacific Market Value (US$ Mn) Analysis by Source, 2017-2032
Figure 106: Asia Pacific Market Volume (Tons) Analysis by Source, 2017-2032
Figure 107: Asia Pacific Market Value Share (%) and BPS Analysis by Source, 2022-2032
Figure 108: Asia Pacific Market Y-o-Y Growth (%) Projections by Source, 2022-2032
Figure 109: Asia Pacific Market Value (US$ Mn) Analysis by Dosage Form, 2017-2032
Figure 110: Asia Pacific Market Volume (Tons) Analysis by Dosage Form, 2017-2032
Figure 111: Asia Pacific Market Value Share (%) and BPS Analysis by Dosage Form, 2022-2032
Figure 112: Asia Pacific Market Y-o-Y Growth (%) Projections by Dosage Form, 2022-2032
Figure 113: Asia Pacific Market Value (US$ Mn) Analysis by Application, 2017-2032
Figure 114: Asia Pacific Market Volume (Tons) Analysis by Application, 2017-2032
Figure 115: Asia Pacific Market Value Share (%) and BPS Analysis by Application, 2022-2032
Figure 116: Asia Pacific Market Y-o-Y Growth (%) Projections by Application, 2022-2032
Figure 117: Asia Pacific Market Attractiveness by Source, 2022-2032
Figure 118: Asia Pacific Market Attractiveness by Dosage Form, 2022-2032
Figure 119: Asia Pacific Market Attractiveness by Application, 2022-2032
Figure 120: Asia Pacific Market Attractiveness by Country, 2022-2032
Figure 121: MEA Market Value (US$ Mn) by Source, 2022-2032
Figure 122: MEA Market Value (US$ Mn) by Dosage Form, 2022-2032
Figure 123: MEA Market Value (US$ Mn) by Application, 2022-2032
Figure 124: MEA Market Value (US$ Mn) by Country, 2022-2032
Figure 125: MEA Market Value (US$ Mn) Analysis by Country, 2017-2032
Figure 126: MEA Market Volume (Tons) Analysis by Country, 2017-2032
Figure 127: MEA Market Value Share (%) and BPS Analysis by Country, 2022-2032
Figure 128: MEA Market Y-o-Y Growth (%) Projections by Country, 2022-2032
Figure 129: MEA Market Value (US$ Mn) Analysis by Source, 2017-2032
Figure 130: MEA Market Volume (Tons) Analysis by Source, 2017-2032
Figure 131: MEA Market Value Share (%) and BPS Analysis by Source, 2022-2032
Figure 132: MEA Market Y-o-Y Growth (%) Projections by Source, 2022-2032
Figure 133: MEA Market Value (US$ Mn) Analysis by Dosage Form, 2017-2032
Figure 134: MEA Market Volume (Tons) Analysis by Dosage Form, 2017-2032
Figure 135: MEA Market Value Share (%) and BPS Analysis by Dosage Form, 2022-2032
Figure 136: MEA Market Y-o-Y Growth (%) Projections by Dosage Form, 2022-2032
Figure 137: MEA Market Value (US$ Mn) Analysis by Application, 2017-2032
Figure 138: MEA Market Volume (Tons) Analysis by Application, 2017-2032
Figure 139: MEA Market Value Share (%) and BPS Analysis by Application, 2022-2032
Figure 140: MEA Market Y-o-Y Growth (%) Projections by Application, 2022-2032
Figure 141: MEA Market Attractiveness by Source, 2022-2032
Figure 142: MEA Market Attractiveness by Dosage Form, 2022-2032
Figure 143: MEA Market Attractiveness by Application, 2022-2032
Figure 144: MEA Market Attractiveness by Country, 2022-2032
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