Algae Products Market by Type (Lipids, Carotenoids, Carrageenan, Alginate, Algal Protein), Facility Type, Form (Liquid, Solid), Source (Brown Algae, Green Algae, Red Algae, Blue-green Algae), and Region - Global Forecast to 2026

世界の藻類製品市場予測(~2026):種類別、設備別、フォーム別、原料別、地域別

◆タイトル:Algae Products Market by Type (Lipids, Carotenoids, Carrageenan, Alginate, Algal Protein), Facility Type, Form (Liquid, Solid), Source (Brown Algae, Green Algae, Red Algae, Blue-green Algae), and Region - Global Forecast to 2026
◆商品コード:FB6208
◆調査・発行会社:MarketsandMarkets
◆発行日:2021年9月20日
◆ページ数:217
◆レポート形式:PDF / 英語
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【レポートの概要】

マーケッツアンドマーケッツ社は藻類製品の世界市場規模が2021年47億ドルから2026年64億ドルまで、年平均6.3%成長すると予想しています。本調査レポートでは、世界の藻類製品市場について調査し、イントロダクション、調査手法、エグゼクティブサマリー、プレミアムインサイト、市場動向、産業動向、規制、種類別(脂質、カラギーナン、カロテノイド、藻類タンパク質、アルギン酸塩)分析、フォーム別(固体、液体)分析、原料別(褐藻、緑藻、紅藻、緑藻、その他)分析、用途別(食品・飲料、栄養補助食品・栄養補助食品、飼料、パーソナルケア製品、医薬品)分析、地域別分析、競争状況、企業情報、隣接・関連市場などを掲載しています。
・イントロダクション
・調査手法
・エグゼクティブサマリー
・プレミアムインサイト
・市場動向
・産業動向
・規制
・藻類製品の世界市場規模:種類別(脂質、カラギーナン、カロテノイド、藻類タンパク質、アルギン酸塩)
・藻類製品の世界市場規模:フォーム別(固体、液体)
・藻類製品の世界市場規模:原料別(褐藻、緑藻、紅藻、緑藻、その他)
・藻類製品の世界市場規模:用途別(食品・飲料、栄養補助食品・栄養補助食品、飼料、パーソナルケア製品、医薬品)
・藻類製品の世界市場規模:地域別
・競争状況
・企業情報
・隣接・関連市場

“According to MarketsandMarkets, the global algae products market size is estimated to be valued at USD 4.7 billion in 2021 and projected to reach USD 6.4 billion by 2026, recording a CAGR of 6.3%during the forecast period.”
The awareness regarding the health benefits of algae products is one of the key factors that is gaining consumer attention.

“By type, lipids are projected to dominate the market during the forecast period.”
Lipids are energy-rich organic compounds that are insoluble in water. Certain amounts of lipids are essential for healthy body functions. They help in absorbing and using vitamins A, D, E, and K in the human body. They are also important for internal signaling systems and are a part of cell walls. Omega-3, omega-6, and omega-9 are the different types of lipids. It is a unique form of dietary fats that impart a wide range of health benefits and are derived from algae. Algae have become the major alternative sources to produce lipids to fulfill the growing demand from the vegan population.

“By source, brown algae is projected to dominate the market during the forecast period.”
Brown algae find application in aquatic feed and direct human consumption as food. It possesses anti-hypothyroid, antirheumatic, antibacterial, anticoagulant, and antioxidant properties; hence, it is useful in the nutraceuticals industry as well. Simultaneously, brown seaweeds used as sea vegetables or for colloid extraction contain less than 15% protein on a dry weight basis.

“The Asia Pacific region is projected to record the highest growth rate during the forecast period.”
The Asia Pacific region is expected to witness the fastest growth in the algae products market; this is attributed to the expected growth in consumption of algae products in food & beverage, pharmaceutical, and animal feed; and the rise in population in the region.

The algae products market is segmented region-wise, with a detailed analysis of each region. These regions include Asia Pacific, North America, Europe, South America and Rest of the World including Africa and the Middle East.
Break-up of Primaries
 By Company: Tier 1– 60%, Tier 2– 25%, Tier 3– 15%,
 By Designation: CXO – 35%, Directors – 45%, and Others – 20%
 By Region: North America – 10%, Europe – 25%, APAC- 45%, South America – 5%, RoW- 15%

Leading players profiled in this report include the following:
 DuPont (US)
 Cargill (US)
 DSM (Netherlands)
 BASF (Germany)
 Corbion (Netherlands)
 E.I.D Parry (India)
 CP Kelco (US)
 Fenchem Biotek (China)
 Algatech (Israel)
 Cyanotech Corporation (US)

Research Coverage
This report segments the algae products market based on type, application, form, source, and region. In terms of insights, this research report focuses on various levels of analyses—competitive landscape, pricing insights, end-use analysis, and company profiles—which together comprise and discuss the basic views on the emerging & high-growth segments of the algae products market, high-growth regions, countries, industry trends, drivers, restraints, opportunities, and challenges.

Reasons to buy this report
• To get a comprehensive overview of the algae products market
• To gain wide-ranging information about the top players in this industry, their product portfolio details, and the key strategies adopted by them
• To gain insights about the major countries/regions, in which the algae products market is flourishing

【レポートの目次】

1 INTRODUCTION 22
1.1 OBJECTIVES OF THE STUDY 22
1.2 MARKET DEFINITION 22
1.3 STUDY SCOPE 23
FIGURE 1 MARKET SEGMENTATION 23
FIGURE 2 ALGAE PRODUCTS MARKET: REGIONS COVERED 23
1.4 INCLUSIONS & EXCLUSIONS 24
1.5 PERIODIZATION CONSIDERED 24
1.6 CURRENCY CONSIDERED 25
TABLE 1 USD EXCHANGE RATES CONSIDERED, 2017–2020 25
1.7 STAKEHOLDERS 25
2 RESEARCH METHODOLOGY 26
2.1 RESEARCH DATA 26
FIGURE 3 ALGAE PRODUCTS MARKET: RESEARCH DESIGN 26
2.1.1 SECONDARY DATA 27
2.1.1.1 Key data from secondary sources 27
2.1.2 PRIMARY DATA 28
2.1.2.1 Algae products market: primary validations 28
2.1.2.2 Key industry insights 29
2.1.2.3 Breakdown of primaries 29
2.2 MARKET SIZE ESTIMATION 30
FIGURE 4 ALGAE PRODUCTS MARKET SIZE ESTIMATION – SUPPLY SIDE (1/2) 30
FIGURE 5 ALGAE PRODUCTS MARKET SIZE ESTIMATION – SUPPLY SIDE (2/2) 31
FIGURE 6 ALGAE PRODUCTS MARKET SIZE ESTIMATION – DEMAND SIDE 31
2.2.1 MARKET SIZE ESTIMATION NOTES 32
FIGURE 7 ALGAE PRODUCTS MARKET SIZE ESTIMATION – TOP-DOWN APPROACH 32
FIGURE 8 ALGAE PRODUCTS MARKET SIZE ESTIMATION – BOTTOM-UP APPROACH 33
2.3 DATA TRIANGULATION 34
FIGURE 9 DATA TRIANGULATION METHODOLOGY 34
2.4 ASSUMPTIONS FOR THE STUDY 35
2.5 RESEARCH LIMITATIONS & ASSOCIATED RISKS 36
2.6 MARKET SCENARIOS CONSIDERED FOR THE IMPACT OF COVID-19 36
FIGURE 10 SCENARIO-BASED MODELLING 37
2.7 COVID-19 HEALTH ASSESSMENT 37
FIGURE 11 COVID-19: GLOBAL PROPAGATION 37
FIGURE 12 COVID-19 PROPAGATION: SELECT COUNTRIES 38

2.8 COVID-19 ECONOMIC ASSESSMENT 39
FIGURE 13 REVISED GROSS DOMESTIC PRODUCT FORECASTS FOR SELECT G20 COUNTRIES IN 2020 39
2.8.1 COVID-19 ECONOMIC IMPACT—SCENARIO ASSESSMENT 40
FIGURE 14 CRITERIA IMPACTING GLOBAL ECONOMY 40
FIGURE 15 SCENARIOS IN TERMS OF RECOVERY OF GLOBAL ECONOMY 41
3 EXECUTIVE SUMMARY 43
TABLE 2 ALGAE PRODUCTS MARKET SNAPSHOT, 2021 VS. 2026 44
FIGURE 16 ALGAE PRODUCTS MARKET SIZE, BY TYPE, 2021 VS. 2026 (USD MILLION) 44
FIGURE 17 ALGAE PRODUCTS MARKET SIZE, BY FORM, 2021 VS. 2026 (USD MILLION) 45
FIGURE 18 ALGAE PRODUCTS MARKET SHARE (VALUE), BY REGION, 2021 46
4 PREMIUM INSIGHTS 47
4.1 BRIEF OVERVIEW OF THE ALGAE PRODUCTS MARKET 47
FIGURE 19 INCREASING DEMAND FOR ALGAE-BASED NUTRACEUTICALS
& DIET SUPPLEMENTS DRIVING THE MARKET 47
4.2 ASIA PACIFIC ALGAE PRODUCTS MARKET, BY SOURCE AND COUNTRY 48
FIGURE 20 BROWN ALGAE SEGMENT DOMINATED THE ASIA PACIFIC MARKET IN 2020 48
4.3 ALGAE PRODUCTS MARKET, BY FORM AND REGION 48
FIGURE 21 SOLID SEGMENT DOMINATED THE MARKET ACROSS ALL THE REGIONS
IN 2020 48
4.4 ALGAE PRODUCTS MARKET, BY REGION 49
FIGURE 22 NORTH AMERICA PROJECTED TO DOMINATE THE ALGAE PRODUCTS MARKET ACROSS ALL THE REGIONS BY 2026 49
4.5 ALGAE PRODUCTS MARKET, BY KEY COUNTRY 49
FIGURE 23 CHINA EXPECTED TO BE THE MOST LUCRATIVE MARKET FOR ALGAE PRODUCTS DURING THE FORECAST PERIOD 49
5 MARKET OVERVIEW 50
5.1 INTRODUCTION 50
5.2 MACROECONOMIC INDICATORS 51
5.2.1 INCREASING GLOBAL POPULATION 51
TABLE 3 POPULATION COMPARISON, 2009 VS. 2019 51
FIGURE 24 POPULATION GROWTH TREND, 1950–2050 51
5.2.2 INNOVATIVE TECHNOLOGIES FOR THE EXTRACTION OF ALGAE 52
5.3 MARKET DYNAMICS 52
FIGURE 25 MARKET DYNAMICS: ALGAE PRODUCTS MARKET 52
5.3.1 DRIVERS 53
5.3.1.1 Consumer awareness regarding the health benefits of Omega-3 53
TABLE 4 HEALTH BENEFITS ASSOCIATED WITH OMEGA-3 CONSUMPTION 53
5.3.1.2 Multi-industry coverage 54
5.3.1.3 Growth in consumer awareness regarding the health benefits of algae-based products 55
5.3.2 RESTRAINTS 55
5.3.2.1 Lack of R&D activities in under-developed countries 55
5.3.2.2 Impact of climatic conditions on algae production 55
5.3.3 OPPORTUNITIES 56
5.3.3.1 Growing demand in the pharmaceutical industry 56
5.3.3.2 Government and private initiatives supporting research & development in algaculture 56
5.3.3.3 Growth in demand for natural ingredients by consumers 57
5.3.4 CHALLENGES 57
5.3.4.1 High production costs restricting the entry of smaller players 57
5.3.4.2 Difficulty in meeting the requisite quality standards 57
5.4 IMPACT OF COVID-19 ON THE MARKET DYNAMICS 58
6 INDUSTRY TRENDS 59
6.1 INTRODUCTION 59
6.2 TRENDS/DISRUPTIONS IMPACTING BUYERS 59
FIGURE 26 TRENDS/DISRUPTIONS IMPACTING BUYERS 59
6.3 VALUE CHAIN ANALYSIS 60
FIGURE 27 ALGAE PRODUCTS MARKET: VALUE CHAIN ANALYSIS 60
6.4 ECOSYSTEM MAP 61
FIGURE 28 ALGAE PRODUCTS MARKET MAP 61
6.4.1 RAW MATERIAL SUPPLIERS 61
6.4.2 MANUFACTURERS 61
6.5 SUPPLY CHAIN ANALYSIS 62
FIGURE 29 ALGAE PRODUCT MANUFACTURERS (B2B PLAYERS): SUPPLY CHAIN 62
6.5.1 RAW MATERIAL SOURCING 62
6.5.2 MANUFACTURING 63
FIGURE 30 ALGAE PRODUCTS – OMEGA-3 MANUFACTURING PROCESS 63
6.5.3 DISTRIBUTION, MARKETING, AND SALES 63
6.6 TRADE ANALYSIS OF ALGAE PRODUCTS AS A COMMODITY ACROSS MAJOR COUNTRIES 64
TABLE 5 TRADE DATA (IMPORT) FOR SEAWEEDS AND OTHER ALGAE FIT FOR HUMAN CONSUMPTION, FOR THE ALGAE PRODUCTS INDUSTRY (2020) 64
6.7 TECHNOLOGY ANALYSIS 65
6.7.1 DEVELOPMENT OF SEAWEED CULTIVATION: 65
6.7.2 USE OF ADVANCED CENTRIFUGE TECHNOLOGY: 65
6.7.3 APPLICATION OF BOOM ALGAE FOR BREWING: 65
6.8 PATENT ANALYSIS 66
FIGURE 31 LIST OF MAJOR PATENTS FOR ALGAE PRODUCTS 66
TABLE 6 KEY PATENTS FILED IN THE ALGAE PRODUCTS MARKET, 2018–2021 67
6.9 PORTER’S FIVE FORCES ANALYSIS 68
TABLE 7 ALGAE PRODUCTS MARKET: PORTER’S FIVE FORCES ANALYSIS 68
6.9.1 THREAT OF NEW ENTRANTS 68
6.9.2 THREAT OF SUBSTITUTES 68
6.9.3 BARGAINING POWER OF SUPPLIERS 68
6.9.4 BARGAINING POWER OF BUYERS 69
6.9.5 INTENSITY OF COMPETITIVE RIVALRY 69
6.10 CASE STUDY ANALYSIS 69
TABLE 8 MIALGAE: THE DEVELOPMENT OF A NOVEL ALGAE PRODUCTION SYSTEM 69
TABLE 9 ALGAECYTES: ADOPTION OF PROPRIETARY ALGAE STRAINS FOR OMEGA-3 EXTRACTION 69
7 REGULATIONS 70
7.1 NORTH AMERICA 70
7.1.1 US 70
7.2 EUROPE 70
7.2.1 FRANCE 70
7.3 ASIA PACIFIC 71
7.3.1 CHINA 71
7.3.2 INDIA 71
7.4 SOUTH AMERICA 71
7.4.1 BRAZIL 71
8 ALGAE PRODUCTS MARKET, BY TYPE 72
8.1 INTRODUCTION 73
FIGURE 32 ALGAE PRODUCTS MARKET SIZE, BY TYPE, 2021 VS. 2026 (USD MILLION) 73
TABLE 10 ALGAE PRODUCTS MARKET SIZE, BY TYPE, 2017–2020 (USD MILLION) 73
TABLE 11 ALGAE PRODUCTS MARKET SIZE, BY TYPE, 2021–2026 (USD MILLION) 74
8.1.1 COVID-19 IMPACT ON ALGAE PRODUCTS MARKET, BY TYPE 74
8.1.1.1 Realistic Scenario 74
TABLE 12 REALISTIC SCENARIO: COVID-19 IMPACT ON THE ALGAE PRODUCTS MARKET SIZE, BY TYPE, 2019–2022 (USD MILLION) 74
8.1.1.2 Pessimistic Scenario 75
TABLE 13 PESSIMISTIC SCENARIO: COVID-19 IMPACT ON THE ALGAE PRODUCTS MARKET SIZE, BY TYPE, 2019–2022 (USD MILLION) 75
8.1.1.3 Optimistic Scenario 75
TABLE 14 OPTIMISTIC SCENARIO: COVID-19 IMPACT ON THE ALGAE PRODUCTS MARKET SIZE, BY TYPE, 2019–2022 (USD MILLION) 75
8.2 LIPIDS 76
8.2.1 LIPIDS SOURCED FROM ALGAE POSE AS OPTIMUM ALTERNATIVES
TO FISH OIL 76
TABLE 15 LIPIDS: ALGAE PRODUCTS MARKET SIZE, BY REGION,
2017–2020 (USD MILLION) 76
TABLE 16 LIPIDS: ALGAE PRODUCTS MARKET SIZE, BY REGION,
2021–2026 (USD MILLION) 77
8.3 CARRAGEENAN 77
8.3.1 CARRAGEENAN FINDS EXTENSIVE APPLICATION IN PHARMACEUTICALS
AND FOOD & BEVERAGES 77
TABLE 17 CARRAGEENAN: ALGAE PRODUCTS MARKET SIZE, BY REGION,
2017–2020 (USD MILLION) 77
TABLE 18 CARRAGEENAN: ALGAE PRODUCTS MARKET SIZE, BY REGION,
2021–2026 (USD MILLION) 78
8.4 CAROTENOIDS 78
8.4.1 LUTEIN & ASTAXANTHIN ARE THE MOST IMPORTANT CAROTENOIDS SOURCED FROM ALGAE 78
TABLE 19 CAROTENOIDS: ALGAE PRODUCTS MARKET SIZE, BY REGION,
2017–2020 (USD MILLION) 79
TABLE 20 CAROTENOIDS: ALGAE PRODUCTS MARKET SIZE, BY REGION,
2021–2026 (USD MILLION) 79
8.5 ALGAL PROTEIN 79
8.5.1 THE NUTRACEUTICAL INDUSTRY OFFERS LUCRATIVE OPPORTUNITIES
FOR THE GROWTH OF THE ALGAL PROTEIN MARKET 79
TABLE 21 ALGAL PROTEIN: ALGAE PRODUCTS MARKET SIZE, BY REGION,
2017–2020 (USD MILLION) 80
TABLE 22 ALGAL PROTEIN: ALGAE PRODUCTS MARKET SIZE, BY REGION,
2021–2026 (USD MILLION) 80
8.6 ALGINATE 81
8.6.1 ALGINATE IS WIDELY USED AS A BLENDING AGENT IN FOOD AND BEVERAGES 81
TABLE 23 ALGINATE: ALGAE PRODUCTS MARKET SIZE, BY REGION,
2017–2020 (USD MILLION) 81
TABLE 24 ALGINATE: ALGAE PRODUCTS MARKET SIZE, BY REGION,
2021–2026 (USD MILLION) 81
8.7 OTHER TYPES 82
8.7.1 AGAR FINDS APPLICATION AS A THICKENING AND STABILIZING AGENT 82
TABLE 25 OTHER TYPES: ALGAE PRODUCTS MARKET SIZE, BY REGION,
2017–2020 (USD MILLION) 82
TABLE 26 OTHER TYPES: ALGAE PRODUCTS MARKET SIZE, BY REGION,
2021–2026 (USD MILLION) 82
9 ALGAE PRODUCTS MARKET, BY FORM 83
9.1 INTRODUCTION 84
TABLE 27 ALGAE PRODUCTS MARKET SIZE, BY FORM, 2017–2020 (USD MILLION) 84
TABLE 28 ALGAE PRODUCTS MARKET SIZE, BY FORM, 2021–2026 (USD MILLION) 84
FIGURE 33 SOLID SEGMENT TO ACCOUNT FOR A LARGER SHARE IN THE ALGAE PRODUCTS MARKET 85
9.1.1 COVID-19 IMPACT ON THE ALGAE PRODUCTS MARKET, BY FORM 85
9.1.1.1 Realistic Scenario 85
TABLE 29 REALISTIC SCENARIO: ALGAE PRODUCTS MARKET SIZE, BY FORM,
2019–2022 (USD MILLION) 85
9.1.1.2 Optimistic Scenario 86
TABLE 30 OPTIMISTIC SCENARIO: ALGAE PRODUCTS MARKET SIZE, BY FORM,
2019–2022 (USD MILLION) 86
9.1.1.3 Pessimistic scenario 86
TABLE 31 PESSIMISTIC SCENARIO: ALGAE PRODUCTS MARKET SIZE, BY FORM,
2019–2022 (USD MILLION) 86
9.2 SOLID 86
9.2.1 INCREASED SHELF LIFE OF ALGAE PRODUCTS IN THE SOLID FORM 86
TABLE 32 SOLID FORM: ALGAE PRODUCTS MARKET SIZE, BY REGION,
2017–2020 (USD MILLION) 87
TABLE 33 SOLID FORM: ALGAE PRODUCTS MARKET SIZE, BY REGION,
2021–2026 (USD MILLION) 87
9.3 LIQUID 87
9.3.1 GROWING APPLICATIONS IN PHARMACEUTICALS 87
TABLE 34 LIQUID FORM: ALGAE PRODUCTS MARKET SIZE, BY REGION,
2017–2020 (USD MILLION) 88
TABLE 35 LIQUID FORM: ALGAE PRODUCTS MARKET SIZE, BY REGION,
2021–2026 (USD MILLION) 88
10 ALGAE PRODUCTS MARKET, BY SOURCE 89
10.1 INTRODUCTION 90
TABLE 36 CHARACTERISTICS OF DIFFERENT ALGAE, BY PHYLUM/CLASS 90
TABLE 37 ALGAE PRODUCTS MARKET SIZE, BY SOURCE, 2017–2020 (USD MILLION) 91
TABLE 38 ALGAE PRODUCTS MARKET SIZE, BY SOURCE, 2021–2026 (USD MILLION) 91
FIGURE 34 BROWN ALGAE SEGMENT ESTIMATED TO ACCOUNT FOR A LARGER SHARE
IN 2021 92
10.1.1 COVID-19 IMPACT ON THE ALGAE PRODUCTS MARKET, BY SOURCE 92
10.1.1.1 Realistic scenario 92
TABLE 39 REALISTIC SCENARIO: ALGAE PRODUCTS MARKET SIZE, BY SOURCE,
2019–2022 (USD MILLION) 92
10.1.1.2 Optimistic scenario 93
TABLE 40 OPTIMISTIC SCENARIO: ALGAE PRODUCTS MARKET SIZE, BY SOURCE, 2019–2022 (USD MILLION) 93
10.1.1.3 Pessimistic scenario 93
TABLE 41 PESSIMISTIC SCENARIO: ALGAE PRODUCTS MARKET SIZE, BY SOURCE, 2019–2022 (USD MILLION) 93
10.2 BROWN ALGAE 93
10.2.1 FUCOXANTHIN DRIVING THE GROWTH OF BROWN ALGAE 93
10.2.2 CAROTENOIDS: FUCOXANTHIN 94
10.2.3 PHLOROTANNINS 94
TABLE 42 BROWN ALGAE PRODUCTS MARKET SIZE, BY REGION,
2017–2020 (USD MILLION) 94
TABLE 43 BROWN ALGAE PRODUCTS MARKET SIZE, BY REGION,
2021–2026 (USD MILLION) 94
10.3 BLUE-GREEN ALGAE 95
10.3.1 FUNCTIONAL PROPERTIES OF BLUE-GREEN ALGAE DRIVING THE MARKET 95
TABLE 44 BLUE-GREEN ALGAE PRODUCTS MARKET SIZE, BY REGION,
2017–2020 (USD MILLION) 95
TABLE 45 BLUE-GREEN ALGAE PRODUCTS MARKET SIZE, BY REGION,
2021–2026 (USD MILLION) 95

10.4 RED ALGAE 96
10.4.1 GROWING INDUSTRIAL APPLICATIONS OF CARRAGEENAN DRIVING
THE GROWTH OF RED ALGAE 96
10.4.2 PORPHYRA SPP. 96
10.4.3 PALMARIA PALMATA 97
TABLE 46 RED ALGAE PRODUCTS MARKET SIZE, BY REGION,
2017–2020 (USD MILLION) 97
TABLE 47 RED ALGAE PRODUCTS MARKET SIZE, BY REGION,
2021–2026 (USD MILLION) 97
10.5 GREEN ALGAE 98
10.5.1 GROWING CONSUMPTION OF OMEGA-3 DRIVING THE GREEN ALGAE MARKET 98
TABLE 48 GREEN ALGAE PRODUCTS MARKET SIZE, BY REGION,
2017–2020 (USD MILLION) 98
TABLE 49 GREEN ALGAE PRODUCTS MARKET SIZE, BY REGION,
2021–2026 (USD MILLION) 98
10.6 OTHER SOURCES 99
TABLE 50 OTHER SOURCES MARKET SIZE, BY REGION, 2017–2020 (USD MILLION) 99
TABLE 51 OTHER SOURCES MARKET SIZE, BY REGION, 2021–2026 (USD MILLION) 99
11 ALGAE PRODUCTS MARKET, BY APPLICATION 100
11.1 INTRODUCTION 101
FIGURE 35 ALGAE PRODUCTS MARKET SIZE, BY APPLICATION,
2021 VS. 2026 (USD MILLION) 101
TABLE 52 ALGAE PRODUCTS MARKET SIZE, BY APPLICATION,
2017–2020 (USD MILLION) 102
TABLE 53 ALGAE PRODUCTS MARKET SIZE, BY APPLICATION,
2021–2026 (USD MILLION) 102
11.1.1 COVID-19 IMPACT ON ALGAE PRODUCTS MARKET, BY APPLICATION 102
11.1.1.1 Realistic Scenario 103
TABLE 54 REALISTIC SCENARIO: COVID-19 IMPACT ON THE ALGAE PRODUCTS MARKET SIZE, BY APPLICATION, 2019–2022 (USD MILLION) 103
11.1.1.2 Pessimistic Scenario 103
TABLE 55 PESSIMISTIC SCENARIO: COVID-19 IMPACT ON THE ALGAE PRODUCTS MARKET SIZE, BY APPLICATION, 2019–2022 (USD MILLION) 103
11.1.1.3 Optimistic Scenario 104
TABLE 56 OPTIMISTIC SCENARIO: COVID-19 IMPACT ON THE ALGAE PRODUCTS MARKET SIZE, BY APPLICATION, 2019–2022 (USD MILLION) 104
11.2 FOOD & BEVERAGES 104
11.2.1 POPULARITY OF HEALTHY BEVERAGES AND PLANT-SOURCED FOOD PRODUCTS 104
TABLE 57 FOOD & BEVERAGES: ALGAE PRODUCTS MARKET SIZE, BY REGION,
2017–2020 (USD MILLION) 105
TABLE 58 FOOD & BEVERAGES: ALGAE PRODUCTS MARKET SIZE, BY REGION,
2021–2026 (USD MILLION) 105

11.3 NUTRACEUTICALS & DIETARY SUPPLEMENTS 105
11.3.1 ALGAE-BASED OMEGA-3 SUPPLEMENTS GAINING POPULARITY 105
TABLE 59 NUTRACEUTICALS & DIETARY SUPPLEMENTS: ALGAE PRODUCTS MARKET SIZE, BY REGION, 2017–2020 (USD MILLION) 106
TABLE 60 NUTRACEUTICALS & DIETARY SUPPLEMENTS: ALGAE PRODUCTS MARKET SIZE, BY REGION, 2021–2026 (USD MILLION) 106
11.4 FEED 107
11.4.1 ALGAE PRODUCTS ARE WIDELY USED IN AQUACULTURE 107
TABLE 61 FEED: ALGAE PRODUCTS MARKET SIZE, BY REGION,
2017–2020 (USD MILLION) 107
TABLE 62 FEED: ALGAE PRODUCTS MARKET SIZE, BY REGION,
2021–2026 (USD MILLION) 107
11.5 PERSONAL CARE PRODUCTS 108
11.5.1 ANTI-INFLAMMATORY PROPERTIES OF ALGAE DRIVING THE PERSONAL CARE SEGMENT 108
TABLE 63 PERSONAL CARE PRODUCTS: ALGAE PRODUCTS MARKET SIZE, BY REGION, 2017–2020 (USD MILLION) 108
TABLE 64 PERSONAL CARE PRODUCTS: ALGAE PRODUCTS MARKET SIZE, BY REGION, 2021–2026 (USD MILLION) 108
11.6 PHARMACEUTICALS 109
11.6.1 ANTIBIOTIC PROPERTIES OF ALGAE PRODUCTS FUELING THEIR DEMAND
FOR USE IN PHARMACEUTICAL APPLICATIONS 109
TABLE 65 PHARMACEUTICALS: ALGAE PRODUCTS MARKET SIZE, BY REGION,
2017–2020 (USD MILLION) 109
TABLE 66 PHARMECEUTICALS: ALGAE PRODUCTS MARKET SIZE, BY REGION,
2021–2026 (USD MILLION) 109
11.7 OTHER APPLICATIONS 110
11.7.1 ALGAE PRODUCTS FIND INCREASING APPLICATION IN TEXTILES
AND FERTILIZERS 110
TABLE 67 OTHER APPLICATIONS: ALGAE PRODUCTS MARKET SIZE, BY REGION,
2017–2020 (USD MILLION) 110
TABLE 68 OTHER APPLICATIONS: ALGAE PRODUCTS MARKET SIZE, BY REGION,
2021–2026 (USD MILLION) 111
12 ALGAE PRODUCTS MARKET, BY REGION 112
12.1 INTRODUCTION 113
FIGURE 36 INDIA AND CHINA TO RECORD SIGNIFICANT GROWTH DURING THE FORECAST PERIOD 114
TABLE 69 ALGAE PRODUCTS MARKET SIZE, BY REGION, 2017–2020 (USD MILLION) 114
TABLE 70 ALGAE PRODUCTS MARKET SIZE, BY REGION, 2021–2026 (USD MILLION) 115
12.1.1 COVID-19 IMPACT ON THE ALGAE PRODUCTS MARKET, BY REGION 115
12.1.1.1 Realistic Scenario 115
TABLE 71 REALISTIC SCENARIO: COVID-19 IMPACT ON THE ALGAE PRODUCTS MARKET SIZE, BY REGION, 2019–2022 (USD MILLION) 115
12.1.1.2 Pessimistic Scenario 116
TABLE 72 PESSIMISTIC SCENARIO: COVID-19 IMPACT ON THE ALGAE PRODUCTS MARKET SIZE, BY REGION, 2019–2022 (USD MILLION) 116
12.1.1.3 Optimistic Scenario 116
TABLE 73 OPTIMISTIC SCENARIO: COVID-19 IMPACT ON THE ALGAE PRODUCTS MARKET SIZE, BY REGION, 2019–2022 (USD MILLION) 116
12.2 NORTH AMERICA 117
FIGURE 37 NORTH AMERICA: ALGAE PRODUCTS MARKET SNAPSHOT 117
TABLE 74 NORTH AMERICA: ALGAE PRODUCTS MARKET SIZE, BY COUNTRY,
2017–2020 (USD MILLION) 118
TABLE 75 NORTH AMERICA: ALGAE PRODUCTS MARKET SIZE, BY COUNTRY,
2021–2026 (USD MILLION) 118
TABLE 76 NORTH AMERICA: ALGAE PRODUCTS MARKET SIZE, BY TYPE,
2017–2020 (USD MILLION) 118
TABLE 77 NORTH AMERICA: ALGAE PRODUCTS MARKET SIZE, BY TYPE,
2021–2026 (USD MILLION) 119
TABLE 78 NORTH AMERICA: ALGAE PRODUCTS MARKET SIZE, BY SOURCE,
2017–2020 (USD MILLION) 119
TABLE 79 NORTH AMERICA: ALGAE PRODUCTS MARKET SIZE, BY SOURCE,
2021–2026 (USD MILLION) 119
TABLE 80 NORTH AMERICA: ALGAE PRODUCTS MARKET SIZE, BY FORM,
2017–2020 (USD MILLION) 120
TABLE 81 NORTH AMERICA: ALGAE PRODUCTS MARKET SIZE, BY FORM,
2021–2026 (USD MILLION) 120
TABLE 82 NORTH AMERICA: ALGAE PRODUCTS MARKET SIZE, BY APPLICATION,
2017–2020 (USD MILLION) 120
TABLE 83 NORTH AMERICA: ALGAE PRODUCTS MARKET SIZE, BY APPLICATION,
2021–2026 (USD MILLION) 121
12.2.1 US 121
12.2.1.1 Rising applications of algae products in food & beverages, nutraceuticals, and personal care products 121
TABLE 84 US: ALGAE PRODUCTS MARKET SIZE, BY TYPE, 2017–2020 (USD MILLION) 122
TABLE 85 US: ALGAE PRODUCTS MARKET SIZE, BY TYPE, 2021–2026 (USD MILLION) 122
12.2.2 CANADA 122
12.2.2.1 Rising preference for plant-based alternatives augmenting the algae products market 122
TABLE 86 CANADA: ALGAE PRODUCTS MARKET SIZE, BY TYPE,
2017–2020 (USD MILLION) 123
TABLE 87 CANADA: ALGAE PRODUCTS MARKET SIZE, BY TYPE,
2021–2026 (USD MILLION) 123
12.2.3 MEXICO 124
12.2.3.1 Dietary concerns to trigger the demand for algae products 124
TABLE 88 MEXICO: ALGAE PRODUCTS MARKET SIZE, BY TYPE,
2017–2020 (USD MILLION) 124
TABLE 89 MEXICO: ALGAE PRODUCTS MARKET SIZE, BY TYPE,
2021–2026 (USD MILLION) 124

12.3 EUROPE 125
FIGURE 38 EUROPE: ALGAE PRODUCTS MARKET SNAPSHOT 126
TABLE 90 EUROPE: ALGAE PRODUCTS MARKET SIZE, BY COUNTRY,
2017–2020 (USD MILLION) 127
TABLE 91 EUROPE: ALGAE PRODUCTS MARKET SIZE, BY COUNTRY,
2021–2026 (USD MILLION) 127
TABLE 92 EUROPE: ALGAE PRODUCTS MARKET SIZE, BY TYPE,
2017–2020 (USD MILLION) 127
TABLE 93 EUROPE: ALGAE PRODUCTS MARKET SIZE, BY TYPE,
2021–2026 (USD MILLION) 128
TABLE 94 EUROPE: ALGAE PRODUCTS MARKET SIZE, BY SOURCE,
2017–2020 (USD MILLION) 128
TABLE 95 EUROPE: ALGAE PRODUCTS MARKET SIZE, BY SOURCE,
2021–2026 (USD MILLION) 128
TABLE 96 EUROPE: ALGAE PRODUCTS MARKET SIZE, BY FORM,
2017–2020 (USD MILLION) 129
TABLE 97 EUROPE: ALGAE PRODUCTS MARKET SIZE, BY FORM,
2021–2026 (USD MILLION) 129
TABLE 98 EUROPE: ALGAE PRODUCTS MARKET SIZE, BY APPLICATION,
2017–2020 (USD MILLION) 129
TABLE 99 EUROPE: ALGAE PRODUCTS MARKET SIZE, BY APPLICATION,
2021–2026 (USD MILLION) 130
12.3.1 GERMANY 130
12.3.1.1 Sports nutrition and animal feed are attractive industries
for algae products 130
TABLE 100 GERMANY: ALGAE PRODUCTS MARKET SIZE, BY TYPE,
2017–2020 (USD MILLION) 131
TABLE 101 GERMANY: ALGAE PRODUCTS MARKET SIZE, BY TYPE,
2021–2026 (USD MILLION) 131
12.3.2 FRANCE 132
12.3.2.1 Reliance on algae imports driving the market for local algae products 132
TABLE 102 FRANCE: ALGAE PRODUCTS MARKET SIZE, BY TYPE,
2017–2020 (USD MILLION) 132
TABLE 103 FRANCE: ALGAE PRODUCTS MARKET SIZE, BY TYPE,
2021–2026 (USD MILLION) 132
12.3.3 SPAIN 133
12.3.3.1 Food & beverage industry posing immense scope for the growth of algae products 133
TABLE 104 SPAIN: ALGAE PRODUCTS MARKET SIZE, BY TYPE,
2017–2020 (USD MILLION) 133
TABLE 105 SPAIN: ALGAE PRODUCTS MARKET SIZE, BY TYPE,
2021–2026 (USD MILLION) 133
12.3.4 UK 134
12.3.4.1 Rising awareness about algae products 134
TABLE 106 UK: ALGAE PRODUCTS MARKET SIZE, BY TYPE, 2017–2020 (USD MILLION) 134
TABLE 107 UK: ALGAE PRODUCTS MARKET SIZE, BY TYPE, 2021–2026 (USD MILLION) 134

12.3.5 ITALY 135
12.3.5.1 Increasing investments and expansions by market players 135
TABLE 108 ITALY: ALGAE PRODUCTS MARKET SIZE, BY TYPE, 2017–2020 (USD MILLION) 135
TABLE 109 ITALY: ALGAE PRODUCTS MARKET SIZE, BY TYPE, 2021–2026 (USD MILLION) 135
12.3.6 REST OF EUROPE 136
12.3.6.1 Significant R&D activities expected to propel the market 136
TABLE 110 REST OF EUROPE: ALGAE PRODUCTS MARKET SIZE, BY TYPE,
2017–2020 (USD MILLION) 136
TABLE 111 REST OF EUROPE: ALGAE PRODUCTS MARKET SIZE, BY TYPE,
2021–2026 (USD MILLION) 136
12.4 ASIA PACIFIC 137
FIGURE 39 ASIA PACIFIC: ALGAE PRODUCTS MARKET SNAPSHOT 138
TABLE 112 ASIA PACIFIC: ALGAE PRODUCTS MARKET SIZE, BY COUNTRY/REGION, 2017–2020 (USD MILLION) 139
TABLE 113 ASIA PACIFIC: ALGAE PRODUCTS MARKET SIZE, BY COUNTRY/REGION, 2021–2026 (USD MILLION) 139
TABLE 114 ASIA PACIFIC: ALGAE PRODUCTS MARKET SIZE, BY TYPE,
2017–2020 (USD MILLION) 139
TABLE 115 ASIA PACIFIC: ALGAE PRODUCTS MARKET SIZE, BY TYPE,
2021–2026 (USD MILLION) 140
TABLE 116 ASIA PACIFIC: ALGAE PRODUCTS MARKET SIZE, BY SOURCE,
2017–2020 (USD MILLION) 140
TABLE 117 ASIA PACIFIC: ALGAE PRODUCTS MARKET SIZE, BY SOURCE,
2021–2026 (USD MILLION) 140
TABLE 118 ASIA PACIFIC: ALGAE PRODUCTS MARKET SIZE, BY FORM,
2017–2020 (USD MILLION) 141
TABLE 119 ASIA PACIFIC: ALGAE PRODUCTS MARKET SIZE, BY FORM,
2021–2026 (USD MILLION) 141
TABLE 120 ASIA PACIFIC: ALGAE PRODUCTS MARKET SIZE, BY APPLICATION,
2017–2020 (USD MILLION) 141
TABLE 121 ASIA PACIFIC: ALGAE PRODUCTS MARKET SIZE, BY APPLICATION,
2021–2026 (USD MILLION) 142
12.4.1 CHINA 142
12.4.1.1 Aquaculture industry fueling the demand for algae products 142
TABLE 122 CHINA: ALGAE PRODUCTS MARKET SIZE, BY TYPE,
2017–2020 (USD MILLION) 143
TABLE 123 CHINA: ALGAE PRODUCTS MARKET SIZE, BY TYPE,
2021–2026 (USD MILLION) 143
12.4.2 JAPAN 144
12.4.2.1 Algae products gaining immense popularity as food and beverages 144
TABLE 124 JAPAN: ALGAE PRODUCTS MARKET SIZE, BY TYPE,
2017–2020 (USD MILLION) 144
TABLE 125 JAPAN: ALGAE PRODUCTS MARKET SIZE, BY TYPE,
2021–2026 (USD MILLION) 144

12.4.3 INDIA 145
12.4.3.1 Presence of key market players strengthening the algae products market 145
TABLE 126 INDIA: ALGAE PRODUCTS MARKET SIZE, BY TYPE,
2017–2020 (USD MILLION) 145
TABLE 127 INDIA: ALGAE PRODUCTS MARKET SIZE, BY TYPE,
2021–2026 (USD MILLION) 145
12.4.4 AUSTRALIA & NEW ZEALAND 146
12.4.4.1 Rising awareness about algae products 146
TABLE 128 AUSTRALIA & NEW ZEALAND: ALGAE PRODUCTS MARKET SIZE, BY TYPE, 2017–2020 (USD MILLION) 146
TABLE 129 AUSTRALIA & NEW ZEALAND: ALGAE PRODUCTS MARKET SIZE, BY TYPE, 2021–2026 (USD MILLION) 146
12.4.5 REST OF ASIA PACIFIC 147
12.4.5.1 Growing aquaculture sector expected to augment the algae products market 147
TABLE 130 REST OF ASIA PACIFIC: ALGAE PRODUCTS MARKET SIZE, BY TYPE,
2017–2020 (USD MILLION) 147
TABLE 131 REST OF ASIA PACIFIC: ALGAE PRODUCTS MARKET SIZE, BY TYPE,
2021–2026 (USD MILLION) 148
12.5 SOUTH AMERICA 148
TABLE 132 SOUTH AMERICA: ALGAE PRODUCTS MARKET SIZE, BY REGION,
2017–2020 (USD MILLION) 148
TABLE 133 SOUTH AMERICA: ALGAE PRODUCTS MARKET SIZE, BY REGION,
2021–2026 (USD MILLION) 149
TABLE 134 SOUTH AMERICA: ALGAE PRODUCTS MARKET SIZE, BY TYPE,
2017–2020 (USD MILLION) 149
TABLE 135 SOUTH AMERICA: ALGAE PRODUCTS MARKET SIZE, BY TYPE,
2021–2026 (USD MILLION) 149
TABLE 136 SOUTH AMERICA: ALGAE PRODUCTS MARKET SIZE, BY SOURCE,
2017–2020 (USD MILLION) 150
TABLE 137 SOUTH AMERICA: ALGAE PRODUCTS MARKET SIZE, BY SOURCE,
2021–2026 (USD MILLION) 150
TABLE 138 SOUTH AMERICA: ALGAE PRODUCTS MARKET SIZE, BY FORM,
2017–2020 (USD MILLION) 150
TABLE 139 SOUTH AMERICA: ALGAE PRODUCTS MARKET SIZE, BY FORM,
2021–2026 (USD MILLION) 151
TABLE 140 SOUTH AMERICA: ALGAE PRODUCTS MARKET SIZE, BY APPLICATION,
2017–2020 (USD MILLION) 151
TABLE 141 SOUTH AMERICA: ALGAE PRODUCTS MARKET SIZE, BY APPLICATION,
2021–2026 (USD MILLION) 151
12.5.1 BRAZIL 152
12.5.1.1 Rising per capita income fueling the demand for quality algae products 152
TABLE 142 BRAZIL: ALGAE PRODUCTS MARKET SIZE, BY TYPE,
2017–2020 (USD MILLION) 152
TABLE 143 BRAZIL: ALGAE PRODUCTS MARKET SIZE, BY TYPE,
2021–2026 (USD MILLION) 152
12.5.2 ARGENTINA 153
12.5.2.1 Increase in the adoption of vegan diets providing an avenue for algae products 153
TABLE 144 ARGENTINA: ALGAE PRODUCTS MARKET SIZE, BY TYPE,
2017–2020 (USD MILLION) 153
TABLE 145 ARGENTINA: ALGAE PRODUCTS MARKET SIZE, BY TYPE,
2021–2026 (USD MILLION) 153
12.5.3 REST OF SOUTH AMERICA 154
12.5.3.1 Influence of health and wellness trends contributing to market growth 154
TABLE 146 REST OF SOUTH AMERICA: ALGAE PRODUCTS MARKET SIZE, BY TYPE,
2017–2020 (USD MILLION) 154
TABLE 147 REST OF SOUTH AMERICA: ALGAE PRODUCTS MARKET SIZE, BY TYPE,
2021–2026 (USD MILLION) 155
12.6 REST OF THE WORLD 155
TABLE 148 ROW: ALGAE PRODUCTS MARKET SIZE, BY REGION,
2017–2020 (USD MILLION) 155
TABLE 149 ROW: ALGAE PRODUCTS MARKET SIZE, BY REGION,
2021–2026 (USD MILLION) 156
TABLE 150 ROW: ALGAE PRODUCTS MARKET SIZE, BY TYPE, 2017–2020 (USD MILLION) 156
TABLE 151 ROW: ALGAE PRODUCTS MARKET SIZE, BY TYPE, 2021–2026 (USD MILLION) 156
TABLE 152 ROW: ALGAE PRODUCTS MARKET SIZE, BY SOURCE,
2017–2020 (USD MILLION) 157
TABLE 153 ROW: ALGAE PRODUCTS MARKET SIZE, BY SOURCE,
2021–2026 (USD MILLION) 157
TABLE 154 ROW: ALGAE PRODUCTS MARKET SIZE, BY FORM,
2017–2020 (USD MILLION) 157
TABLE 155 ROW: ALGAE PRODUCTS MARKET SIZE, BY FORM,
2021–2026 (USD MILLION) 158
TABLE 156 ROW: ALGAE PRODUCTS MARKET SIZE, BY APPLICATION,
2017–2020 (USD MILLION) 158
TABLE 157 ROW: ALGAE PRODUCTS MARKET SIZE, BY APPLICATION,
2021–2026 (USD MILLION) 158
12.6.1 AFRICA 159
12.6.1.1 Prevalence of malnutrition resulting in concerned authorities providing food products, including dietary supplements infused
with algae 159
TABLE 158 AFRICA: ALGAE PRODUCTS MARKET SIZE, BY TYPE,
2017–2020 (USD MILLION) 159
TABLE 159 AFRICA: ALGAE PRODUCTS MARKET SIZE, BY TYPE,
2021–2026 (USD MILLION) 159
12.6.2 MIDDLE EAST 160
12.6.2.1 The Middle Eastern region shows immense scope for growth of algae products market in the nutraceutical sector 160
TABLE 160 MIDDLE EAST: ALGAE PRODUCTS MARKET SIZE, BY TYPE,
2017–2020 (USD MILLION) 160
TABLE 161 MIDDLE EAST: ALGAE PRODUCTS MARKET SIZE, BY TYPE,
2021–2026 (USD MILLION) 160
13 COMPETITIVE LANDSCAPE 161
13.1 KEY PLAYER STRATEGIES/RIGHT TO WIN 161
TABLE 162 OVERVIEW OF STRATEGIES ADOPTED BY KEY PLAYERS OFFERING
ALGAE PRODUCTS 161
13.2 REVENUE ANALYSIS 162
FIGURE 40 REVENUE ANALYSIS FOR KEY COMPANIES IN THE PAST THREE YEARS 162
13.3 MARKET SHARE ANALYSIS, 2020 163
FIGURE 41 ALGAE PRODUCTS MARKET: MARKET SHARE ANALYSIS 163
TABLE 163 ALGAE PRODUCTS MARKET: DEGREE OF COMPETITION 164
13.4 COMPANY EVALUATION QUADRANT 165
13.4.1 STARS 165
13.4.2 PERVASIVE PLAYERS 165
13.4.3 EMERGING LEADERS 165
13.4.4 PARTICIPANTS 165
FIGURE 42 ALGAE PRODUCTS MARKET (GLOBAL) COMPANY EVALUATION MATRIX, 2020 166
13.5 COMPETITIVE BENCHMARKING 167
TABLE 164 COMPANY FOOTPRINT (25 COMPANIES) 167
TABLE 165 COMPANY APPLICATION FOOTPRINT (25 COMPANIES) 168
TABLE 166 COMPANY REGION FOOTPRINT (25 COMPANIES) 169
TABLE 167 COMPANY PRODUCT FOOTPRINT (25 COMPANIES) 170
13.6 COMPANY EVALUATION QUADRANT (START-UPS/SMES) 171
13.6.1 PROGRESSIVE COMPANIES 171
13.6.2 STARTING BLOCKS 171
13.6.3 RESPONSIVE COMPANIES 171
13.6.4 DYNAMIC COMPANIES 171
FIGURE 43 ALGAE PRODUCTS MARKET: COMPANY EVALUATION QUADRANT FOR START-UPS/SMES, 2020 172
13.7 COMPETITIVE SCENARIO AND TRENDS 173
13.7.1 PRODUCT LAUNCHES 173
TABLE 168 ALGAE PRODUCTS MARKET: PRODUCT LAUNCHES, 2020 173
13.7.2 DEALS 174
TABLE 169 ALGAE PRODUCTS MARKET: DEALS, 2019 174
14 COMPANY PROFILES 175
(Business overview, Products offered, Recent developments, SWOT analysis & MnM View)*
14.1 KEY PLAYERS 175
14.1.1 DSM 175
TABLE 170 DSM: BUSINESS OVERVIEW 175
FIGURE 44 DSM: COMPANY SNAPSHOT 176
14.1.2 BASF 178
TABLE 171 BASF: BUSINESS OVERVIEW 178
FIGURE 45 BASF: COMPANY SNAPSHOT 179
14.1.3 CYANOTECH CORPORATION 181
TABLE 172 CYANOTECH CORPORATION: BUSINESS OVERVIEW 181
FIGURE 46 CYANOTECH CORPORATION: COMPANY SNAPSHOT 182
TABLE 173 CYANOTECH CORPORATION: PRODUCT LAUNCHES 183
14.1.4 CARGILL 185
TABLE 174 CARGILL: BUSINESS OVERVIEW 185
TABLE 175 CARGILL: PRODUCT LAUNCHES 185
14.1.5 DUPONT 187
TABLE 176 DUPONT: BUSINESS OVERVIEW 187
FIGURE 47 DUPONT: COMPANY SNAPSHOT 188
14.1.6 CP KELCO 190
TABLE 177 CP KELCO: BUSINESS OVERVIEW 190
14.1.7 CORBION 191
TABLE 178 CORBION: BUSINESS OVERVIEW 191
FIGURE 48 CORBION: COMPANY SNAPSHOT 192
TABLE 179 CORBION: DEALS 193
14.1.8 FENCHEM BIOTECH 194
TABLE 180 FENCHEM BIOTEK: BUSINESS OVERVIEW 194
14.1.9 ALGATECH 195
TABLE 181 ALGATECH: BUSINESS OVERVIEW 195
TABLE 182 ALGATECH: DEALS 195
14.1.10 E.I.D PARRY 196
TABLE 183 E.I.D. PARRY: BUSINESS OVERVIEW 196
FIGURE 49 E.I.D PARRY: COMPANY SNAPSHOT 196
*Details on Business overview, Products offered, Recent developments, SWOT analysis & MnM View might not be captured in case of unlisted companies.
14.2 OTHER PLAYERS 198
14.2.1 ALGEA 198
TABLE 184 ALGEA: COMPANY OVERVIEW 198
14.2.2 SPIRA 198
TABLE 185 SPIRA: COMPANY OVERVIEW 198
14.2.3 ALGENOL 199
TABLE 186 ALGENOL: COMPANY OVERVIEW 199
14.2.4 CELLANA 199
TABLE 187 CELLANA: COMPANY OVERVIEW 199
14.2.5 ALGAECAN BIOTECH LTD. 200
TABLE 188 ALGAECAN BIOTECH LTD.: COMPANY OVERVIEW 200
14.2.6 EARTHRISE NUTRIONALS LLC 200
TABLE 189 EARTHRISE NUTRITIONALS LLC: COMPANY OVERVIEW 200
14.2.7 TBK MANUFACTURING CORPORATION 201
TABLE 190 TBK MANUFACTURING CORPORATION: COMPANY OVERVIEW 201

14.2.8 ACCEL CARRAGEENAN CORPORATION 202
TABLE 191 ACCEL CARRAGEENAN CORPORATION: COMPANY OVERVIEW 202
14.2.9 KARAINDO 203
TABLE 192 KARAINDO: COMPANY OVERVIEW 203
14.2.10 ASTAREAL AB 204
TABLE 193 ASTAREAL AB: COMPANY OVERVIEW 204
15 ADJACENT & RELATED MARKETS 205
15.1 INTRODUCTION 205
TABLE 194 ADJACENT MARKETS – ALGAE PRODUCTS MARKET 205
15.2 LIMITATIONS 205
15.3 CAROTENOIDS MARKET 206
15.3.1 MARKET DEFINITION 206
15.3.2 MARKET OVERVIEW 206
15.4 CAROTENOIDS MARKET, BY TYPE 206
15.4.1 INTRODUCTION 206
TABLE 195 CAROTENOIDS MARKET SIZE, BY TYPE, 2017–2026 (USD MILLION) 207
15.5 OMEGA-3 MARKET 207
15.5.1 MARKET DEFINITION 207
15.5.2 MARKET OVERVIEW 207
15.5.3 OMEGA-3 MARKET, BY TYPE 208
TABLE 196 OMEGA-3 MARKET SIZE, BY TYPE, 2017–2025 (USD MILLION) 208
16 APPENDIX 209
16.1 DISCUSSION GUIDE 209
16.2 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 213
16.3 AVAILABLE CUSTOMIZATIONS 215
16.4 RELATED REPORTS 215
16.5 AUTHOR DETAILS 216



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