Global Algae Products Market Growth 2019-2024

SKU ID : LPI-13827751

Publishing Date : 11-Feb-2019

No. of pages : 160

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  • Algae products are simple plants that can range from the microscopic (microalgae), to large seaweeds (macroalgae), such as giant kelp more than one hundred feet in length.

    Algae products can be grown using water resources such as brackish-, sea-, and wastewater unsuitable for cultivating agricultural crops. When using wastewater, such as municipal, animal and even some industrial runoff, they can help in its treatment and purification, while benefiting from using the nutrients present.

    Algae products refer to simple plants that can range from the microscopic (microalgae), to large seaweeds (macroalgae), such as giant kelp more than one hundred feet in length. Algae products could be classified as eucheuma, laminaria japonica, gracilaria, undaria pinnatifida, porphyra and others, and mainly be applied in animal & aquaculture feed, biofuels & bioenergy, food, chemicals and others. At present, food industry is largest consumer of algae products, which occupied 33.60% market share in 2017.

    The algae products industry is developing fast in last five years. The global production increased from 24580.7 K MT in 2013 to 28073.1 K MT in 2017, with the CAGR of 3.38%.

    For aquaculture environment factor, this industry is distributed around coastline. As a result, China is the largest production base. As for the consumption region, China is also the largest consumer of algae products. In 2017, China consumed 11338.0 K MT algae products. Indonesia is the follower with about 20% consumption share.

    The global revenue of algae products was valued at 6594.03 million USD in 2017, increase from 6387.42 million USD in 2013. Currently, as the downstream demand is rising, algae products are developing in steady growth.


    According to this study, over the next five years the Algae Products market will register a xx% CAGR in terms of revenue, the global market size will reach US$ xx million by 2024, from US$ xx million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Algae Products business, shared in Chapter 3.

    This report presents a comprehensive overview, market shares, and growth opportunities of Algae Products market by product type, application, key manufacturers and key regions and countries.

    This study considers the Algae Products value and volume generated from the sales of the following segments:

    Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
    Eucheuma
    Laminaria Japonica
    Gracilaria
    Porphyra
    Undaria Pinnatifida
    Others
    Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
    Animal & Aquaculture Feed
    Biofuels & Bioenergy
    Food
    Chemicals
    Others

    This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
    Americas
    United States
    Canada
    Mexico
    Brazil
    APAC
    China
    Japan
    Korea
    Southeast Asia
    India
    Australia
    Europe
    Germany
    France
    UK
    Italy
    Russia
    Spain
    Middle East & Africa
    Egypt
    South Africa
    Israel
    Turkey
    GCC Countries

    The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
    Weihai Shidai Marine Biotechnology
    Shandong Lidao Oceanic Technology
    Fujian Lianjiang Tianyuan Aquatic
    Xunshan Group
    Qingdao Gather Great Ocean Algae
    Fujian Yiyuan Sea Food Company
    Fujian Huangqiwan Sea Food Biotechnology
    Rongcheng Lidao Chenfenzhuang Hongqiang Kelp Factory
    Rongcheng Lidao Chenfenzhuang Weijian Kelp Factory
    Rongcheng Yandunjiao Aquatic Company
    Shandong Gaolv Aquatic Company
    Shandong Haizhibao Technology
    Matsumaeya
    Shemberg
    Karagen Indonesia
    MCPI

    In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

    Research objectives
    To study and analyze the global Algae Products consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
    To understand the structure of Algae Products market by identifying its various subsegments.
    Focuses on the key global Algae Products manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
    To analyze the Algae Products with respect to individual growth trends, future prospects, and their contribution to the total market.
    To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
    To project the consumption of Algae Products submarkets, with respect to key regions (along with their respective key countries).
    To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
    To strategically profile the key players and comprehensively analyze their growth strategies.