This report is executed in collaboration with the European Algae Biomass Association (EABA). Combining Meticulous Research®’ market intelligence services with EABA’s broad expertise in the development of research, technology and industrial capacities in the field of algae, the two organizations have leveraged their research capabilities to come up with the most reliable and accurate market assessments in this field.
The Algae Products Market is expected to reach $3.92 billion by 2030, at a CAGR of 5.4% from 2023 to 2030.The growth of this market is attributed to the increasing preference for algae-sourced products, algae being a source of high nutrients and minerals, increasing vegetarianism, and rising demand for natural food colors. Moreover, the growing demand for biofuels is expected to offer significant growth opportunities for players operating in the algae products market. However, factors such as a lack of R&D activities in underdeveloped countries and the complex production process of algae products are expected to hinder the growth of this market to a certain extent.
Growing Demand for Biofuels Products to Replace Petroleum-based Fuel and Provide Opportunities for Stakeholders in the Market
The growing demand for a secure, sustainable, and clean energy supply is driving the demand for biofuels across the globe. Additionally, demand for biofuel has increased due to increasing oil prices and setting out policies by governments to reduce greenhouse gas emissions. Many countries have either started or increased their renewable energy programs. Both microalgae and macroalgae are ideal biodiesel feedstock, which eventually can replace petroleum-based fuel due to several advantages, such as high oil content, high production rates, and less land. Algal lipids are extensively used for the production of biofuel.
Furthermore, seaweed is a promising source of biofuels. Growing seaweed is faster, more space-efficient, and doesn’t need the use of freshwater or the addition of fertilizer compared to other sources like soya, which is also used for the production of biofuels. Additionally, seaweed doesn’t compete for the land area; thus, it is highly suitable for biofuel. Almost 85 to 90% of seaweed is water, which makes seaweed very suitable for biofuel-making methods like anaerobic digestion to make biogas and fermentation to make ethanol. Also, many seaweed species, like sugar kelp, have high carbohydrate and low lignin content that is perfect for making bioethanol.
The need to decarbonize transport and aviation is increasing as these are the only sectors in Europe that show increasing GHG and CO2 emissions. For example, emissions from aviation have doubled since 1990. In addition, the CEO of Compañía Española de Petróleos, S.A.U. (Cepsa) (Spain) predict the strong role of advanced biofuels in the decarbonization of heavy transport and aviation. While for passenger cars, the electrification of transport is a likely scenario, for heavy transport, shipping, and aviation, a much higher dependency on liquid fuels can be expected in the coming decades. Algae is a sustainable bio-based feedstock for liquid transportation fuels. Seaweeds, or macroalgae, are fast-growing organisms and only need CO2, sunlight, and the nutrients already in the sea. Seaweeds can be naturally high in sugars, which makes them suitable for the production of advanced biofuels.
Therefore, the growing demand for biofuel products is driving the growth of the global algae products market.
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Key Findings in the Algae Products Market Study:
In 2023, the Hydrocolloids Segment to Dominate the Algae Products Market
Based on type, the algae products market is segmented into hydrocolloids, carotenoids, lipids, and algal proteins. In 2023, the hydrocolloids segment is expected to account for the largest share of the global algae products market. The large market share of this segment is mainly attributed to the growing consumer awareness about nutritious food, the global presence of a large number of food and beverage manufacturing units, and the versatile functionality of hydrocolloids in various industrial sectors. Usually, hydrocolloids form gel in the presence of water, influence texture and viscosity, and are used in different food & beverage applications.
However, the carotenoids segment is projected to register the highest CAGR from 2023 to 2030. The growth of this segment is driven by the growing awareness about the health benefits of carotenoids in preventing heart disease and cancer and treating eye disorders, Parkinson’s disease, Alzheimer’s disease, and macular degeneration. Additionally, consumers are demanding clean-label products due to the rising concerns over the use of synthetic ingredients in food. This has propelled the demand for natural colorants in the food industry, and carotenoids being a red pigment, are widely used in the meat industry to impart color to products such as salmon, trout, and other meat and seafood products.
In 2023, the Seaweed Segment to Dominate the Algae Products Market
Based on source, the algae products market is segmented into seaweed/macroalgae and microalgae. In 2023, the seaweed segment is expected to account for the larger share of the global algae products market. The large market share of this segment is mainly attributed to the ample availability of seaweed as raw materials due to the growing production of seaweed and rising awareness of about health benefits of seaweed products. Moreover, the active components from seaweeds are used as an antioxidant, antibacterial whitening agent, anti-aging, and anti-acne, and also for moisturization in several industries, which further supports the growth of the seaweed products market across the globe.
In 2023, the Dry Form Segment to Dominate the Algae Products Market
Based on form, the algae products market is segmented into dry form and liquid form. In 2023, the dry form segment is expected to account for the larger share of the global algae products market. The large market share of this segment is mainly attributed to its higher shelf life and storage convenience.
In 2023, the Food and Beverage Products Segment to Dominate the Algae Products Market
Based on application, the algae products market is segmented into food and beverage products, nutraceutical products, cosmetic products, animal feed products, and other applications. In 2023, the food and beverage segment is expected to account for the largest share of the global algae products market. The large market share of this segment is mainly attributed to the growing consumer inclination towards food & beverages with natural ingredients such as hydrocolloids, carotenoids, and algae protein. Moreover, rapid growth in population, increasing awareness towards health benefits of algae products, changes in lifestyle patterns, healthy eating habits, increasing demand for functional food and food additives, and rising disposable income are further expected to support the large market share of this market.
However, the cosmetic products segment is projected to register the highest CAGR during the forecast period. The growth of this segment is driven by the growing global cosmetic industry, increasing demand for vegan skincare products, and rising awareness about the health benefits of organic cosmetic products.
In 2023, Asia-Pacific to Account for the Largest Share of the Algae Products Market
Based on geography, the global algae products market is segmented into North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. In 2023, Asia-Pacific is expected to account for the largest share of the global algae products market. The large share of this market is mainly attributed to the huge demand for natural ingredients from rapidly growing food and beverage, nutraceuticals, cosmetic, and animal feed industries. In addition, the presence of a large number of stakeholders engaged in providing algae products for these industries due to the availability of raw materials, favorable climatic conditions for algae production, and cheap labor availability support the growth of this market. The various government initiatives to promote the cultivation and usage of algae in several industries and the growing demand for healthy food products are further expected to boost the Asia-Pacific algae products market.
However, North America is slated to register the highest CAGR during the forecast period. The growth of this market is driven by the huge food & beverage industry in North America, the rising adoption of algae products in the manufacturing of food and beverages, rising health & wellness trends, growing reluctance towards the usage of synthetic food colors, and growing demand for algae products from the cosmetic and nutraceutical industries.
Key Players
The key players profiled in the global algae products market research report are Algatechnologies Ltd. (Israel), Arizona Algae Products, LLC (U.S.), BASF SE (Germany), BDI-BioLife Science GmbH (Austria), BlueBioTech International GmbH (Germany), Bluetec Naturals Co., Ltd (China), Cargill, Incorporated (U.S.), Cyanotech Corporation (U.S.), DIC Corporation (Japan), Koninklijke DSM N.V. (Netherlands), Lyxia Corporation (China), Pond Technologies Inc. (Canada), Seagrass Tech Private Limited (India), Shaivaa Algaetech LLP (India), and Tianjin Norland Biotech Co., Ltd. (China).
Scope of the Report
Algae Products Market, by Type
Algae Products Market, by Source
Algae Products Market, by Form
Algae Products Market, by Application
Algae Products Market, by Geography
Key questions answered in the report:
Algae products refer to a class of photosynthetic organisms mainly found in marine and freshwater habitats and are used in several industries for various purposes. The development of alternative protein sources like algae is a key trend in gaining popularity in the algae products market. Also, emerging alternative protein sources such as algae help achieve a more reasonable and resilient food system.
Hydrocolloids, carotenoids, lipids, and algae protein are the major algal products extensively used in industries such as food and beverages, nutraceuticals, cosmetics, and animal feed. The most frequently used algae extract in these industries are derived from seaweed, chlorella, spirulina, Dunaliella salina, and Haematococcus Pluvialis. The algae products market in this report consists of the revenue from all types of algae products, such as hydrocolloids, carotenoids, lipids, and algae protein.
The global algae products market is projected to reach $3.92 billion by 2030, at a CAGR of 5.4% from 2023 to 2030.
o Increasing Preference for Algae-sourced Products
o High Nutrients and Minerals in Algae
o Increasing Vegetarianism
o Rising Demand for Natural Food Colors
o Lack of R&D in Underdeveloped Countries
o Complex Production of Algae Products
o Growing Demand for Biofuels
The key players profiled in the global algae products market report are Algatechnologies Ltd. (Israel), Arizona Algae Products, LLC (U.S.), BASF SE (Germany), BDI-BioLife Science GmbH (Austria), BlueBioTech International GmbH (Germany), Bluetec Naturals Co., Ltd (China), Cargill, Incorporated (U.S.), Cyanotech Corporation (U.S.), DIC Corporation (Japan), Koninklijke DSM N.V. (Netherlands), Lyxia Corporation (China), Pond Technologies Inc. (Canada), Seagrass Tech Private Limited (India), Shaivaa Algaetech LLP (India), and Tianjin Norland Biotech Co., Ltd. (China).
North America is expected to witness significant growth during 2023–2030
The outbreak of the COVID-19 disease had a moderate impact on the algae product market. Disruptions in the supply chain, labor shortages due to the lockdown, a partial or complete shutdown of manufacturing facilities, and difficulties obtaining raw materials were the major issues faced by the algae product manufacturers during the pandemic. However, the demand for algae products is expected to increase in the forthcoming period as algae products boost immunity in humans. Apart from this, the COVID-19 disease increased health consciousness among consumers and led consumers to increase expenditure on healthy food products. Hence, the post-COVID period is expected to positively impact market growth.
This report provides pre & post COVID-19 market estimates.
1. Introduction
1.1. Market Definition
1.2. Market Ecosystem
1.3. Currency
1.4. Key Stakeholders
2. Research Methodology
2.1. Research Process
2.2. Data Collection & Validation
2.2.1. Secondary Research
2.2.2. Primary Research
2.3. Market Assessment
2.3.1. Market Size Estimation
2.3.1.1. Bottom-Up Approach
2.3.1.2. Top-Down Approach
2.3.1.3. Growth Forecast
2.4. Assumptions for the Study
2.5. Limitations of the Study
3. Executive Summary
3.1. Introduction
3.2. Segmental Analysis
3.2.1. Algae Products Market: by Type Segment Analysis
3.2.2. Algae Products Market: by Source Segment Analysis
3.2.3. Algae Products Market: by Form Segment Analysis
3.2.4. Algae Products Market: by Application Segment Analysis
3.3. Algae Products Market: Regional Analysis
3.4. Competitive Landscape & Market Competitors
4. Market Insights
4.1. Introduction
4.2. Drivers
4.2.1. Increasing Preference for Algae-sourced Products
4.2.2. High Nutrients and Minerals in Algae
4.2.3. Increasing Vegetarianism
4.2.4. Rising Demand for Natural Food Colors
4.3. Restraints
4.3.1. Lack of R&D in Underdeveloped Countries
4.3.2. Complex Production of Algae Products
4.4. Opportunities
4.4.1. Growing Demand for Biofuels
4.5. Challenges
4.5.1. Lengthy Product Registration and Approval Process
4.5.2. Contamination Risks
5. Global Algae Products Market, by Type
5.1. Introduction
5.2. Hydrocolloids
5.2.1. Carrageenan
5.2.2. Agar
5.2.3. Alginate
5.2.4. Other Hydrocolloids (Pectin and Xanthan Gum)
5.3. Carotenoids
5.3.1. Beta Carotene
5.3.2. Astaxanthin
5.3.3. Lutein
5.4.4. Other Carotenoids (Fucoxanthin, Violaxanthin, and Zeaxanthin)
5.4. Lipids
5.5. Algal Proteins
6. Global Algae Products Market, by Source
6.1. Introduction
6.2. Macroalgae/Seaweed
6.2.1. Red Seaweed
6.2.2. Brown Seaweed
6.2.3. Green Seaweed
6.3. Microalgae
6.3.1. Chlorella
6.3.2. Spirulina
6.3.3. Dunaliella Salina
6.3.4. Haematococcus Pluvialis
6.3.5. Nannochloropsis
6.3.6. Other Microalgae Sources
7. Global Algae Products Market, by Form
7.1. Introduction
7.2. Dry Form
7.3. Liquid Form
8. Global Algae Products Market, by Application
8.1. Introduction
8.2. Food & Beverage Products
8.2.1. Food Products
8.2.1.1. Dairy Products
8.2.1.2. Bakery and Confectionary
8.2.1.3. Other Food Products
8.2.2. Beverages Products
8.3. Nutraceutical Products
8.4. Cosmetics Products
8.4.1. Skin Care Products
8.4.2. Hair Care Products
8.4.3. Other Applications (Fragrances, Eye Care, and Lip Care Products)
8.5. Animal Feed Products
8.6. Other Applications (Agriculture Products, Pharmaceutical Products, and Biofuels)
9. Algae Products Market, by Geography
9.1. Introduction
9.2. North America
9.2.1. U.S.
9.2.2. Canada
9.3. Europe
9.3.1. Germany
9.3.2. France
9.3.3. U.K.
9.3.4. Italy
9.3.5. Spain
9.3.6. Rest Of Europe (RoE)
9.4. Asia-Pacific
9.4.1. China
9.4.2. Japan
9.4.3. India
9.4.4. Australia
9.4.5. South Korea
9.4.6. Rest of Asia-Pacific (RoAPAC)
9.5. Latin America
9.5.1. Chile
9.5.2. Brazil
9.5.3. Mexico
9.5.4. Argentina
9.5.5. Rest of Latin America (RoLATAM)
9.6. Middle East & Africa
10. Competitive Landscape
10.1. Introduction
10.2. Key Strategic Development Analysis
10.3. Competitive Benchmarking of Key Players
10.3.1. By Product Offerings
10.3.2. By Geographic Reach
10.4. Market Share/Positioning Analysis of Key Players, 2022
11. Company Profiles (Business Overview, Financial Overview, Product Portfolio, and Strategic Developments)
11.1. Algatechnologies Ltd.
11.2. Arizona Algae Products, LLC
11.3. BASF SE
11.4. BDI-BioLife Science GmbH
11.5. BlueBioTech International GmbH
11.6. Bluetec Naturals Co., Ltd
11.7. Cargill, Incorporated
11.8. Cyanotech Corporation
11.9. DIC Corporation
11.10. Koninklijke DSM N.V.
11.11. Lyxia Corporation
11.12. Pond Technologies Inc.
11.13. Seagrass Tech Private Limited
11.14. Shaivaa Algaetech LLP
11.15. Tianjin Norland Biotech Co., Ltd.
12. Appendix
12.1. Questionnaire
12.2. Available Customization
List of Tables
Table 1 Global Algae Products Market: Impact Analysis of Market Drivers (2023–2030)
Table 2 Global Algae Products Market: Impact Analysis of Market Restraints (2023–2030)
Table 3 Global Algae Products Market: Impact Analysis of Market Opportunities (2023–2030)
Table 4 Global Algae Products Market: Impact Analysis of Market Challenges (2023–2030)
Table 5 Global Algae Products Market Size by Type, 2021–2030 (USD Million)
Table 6 Global Algae Hydrocolloids Market Size, By Type, 2021–2030 (USD Million)
Table 7 Global Algae Hydrocolloids Market Size, by Country/Region, 2021–2030 (USD Million)
Table 8 Global Algae Carrageenan Market Size, by Country/Region, 2021–2030 (USD Million)
Table 9 Global Algae Agar Market Size, by Country/Region, 2021–2030 (USD Million)
Table 10 Global Algae Alginate Market Size, by Country/Region, 2021–2030 (USD Million)
Table 11 Global Algae Other Hydrocolloids Market Size, by Country/Region, 2021–2030 (USD Million)
Table 12 Global Algae Carotenoids Market Size, by Type, 2021–2030 (USD Million)
Table 13 Global Algae Carotenoids Market Size, by Country/Region, 2021–2030 (USD Million)
Table 14 Global Algae Beta Carotene Market Size, by Country/Region, 2021–2030 (USD Million)
Table 15 Global Algae Astaxanthin Market Size, by Country/Region, 2021–2030 (USD Million)
Table 16 Global Algae Lutein Market Size, by Country/Region, 2021–2030 (USD Million)
Table 17 Global Algae Other Carotenoids Market Size, by Country/Region, 2021–2030 (USD Million)
Table 18 Global Algae Lipids Market Size, by Country/Region, 2021–2030 (USD Million)
Table 19 Global Algal Protein Market Size, by Country/Region, 2021–2030 (USD Million)
Table 20 Global Algae Products Market Size by Source, 2021–2030 (USD Million)
Table 21 Global Seaweed Product Market Size, by Type, 2021–2030 (USD Million)
Table 22 Global Seaweed Product Market Size, by Country/Region, 2021–2030 (USD Million)
Table 23 Global Red Seaweed Products Market Size, by Country/Region, 2021–2030 (USD Million)
Table 24 Global Brown Seaweed Products Market Size, by Country/Region, 2021–2030 (USD Million)
Table 25 Global Green Seaweed Products Market Size, by Country/Region, 2021–2030 (USD Million)
Table 26 Global Chlorella Products Market Size, by Country/Region, 2021–2030 (USD Million)
Table 27 Global Spirulina Products Market Size, by Country/Region, 2021–2030 (USD Million)
Table 28 Global Dunaliella Salina Products Market Size, by Country/Region, 2021–2030 (USD Million)
Table 29 Global Haematococcus Pluvialis Products Market Size, by Country/Region, 2021–2030 (USD Million)
Table 30 Global Nannochloropsis Products Market Size, by Country/Region, 2021–2030 (USD Million)
Table 31 Global Other Algae-sourced Products Market Size, by Country/Region, 2021–2030 (USD Million)
Table 32 Global Algae Products Market Size by Form, 2021–2030 (USD Million)
Table 33 Global Dry Form Algae Products Market Size by Country/Region, 2021–2030 (USD Million)
Table 34 Global Liquid Algae Products Market Size by Country/Region, 2021–2030 (USD Million)
Table 35 Global Algae Products Market Size by Application, 2021–2030 (USD Million)
Table 36 Global Algae Products Market Size by Application, 2021–2030 (USD Million)
Table 37 Global Algae Products Market Size for Food & Beverage, by Type, 2021–2030 (USD Million)
Table 38 Global Algae Products Market Size for Food & Beverage, by Country/Region, 2021–2030 (USD Million)
Table 39 Global Algae Products Market Size for Food, by Type, 2021–2030 (USD Million)
Table 40 Global Algae Products Market Size for Food, by Country/Region, 2021–2030 (USD Million)
Table 41 Global Algae Products Market Size for Diary, by Country/Region, 2021–2030 (USD Million)
Table 42 Global Algae Products Market Size for Bakery and Confectionary, by Country/Region, 2021–2030 (USD Million)
Table 43 Global Algae Products Market Size for Other Food, by Country/Region, 2021–2030 (USD Million)
Table 44 Global Algae Products Market Size for Beverages, by Country/Region, 2021–2030 (USD Million)
Table 45 Global Algae Products Market Size for Nutraceutical Products, by Country/Region, 2021–2030 (USD Million)
Table 46 Global Algae Products Market Size for Cosmetics , by Type, 2021–2030 (USD Million)
Table 47 Global Algae Products Market Size for Cosmetics, by Country/Region, 2021–2030 (USD Million)
Table 48 Algae Products Market Size for Skin Care, by Country/Region, 2021–2030 (USD Million)
Table 49 Algae Products Market Size for Hair Care, by Country/Region, 2021–2030 (USD Million)
Table 50 Algae Products Market Size for Other Cosmetics Applications, by Country/Region, 2021–2030 (USD Million)
Table 51 Global Algae Products Market Size for Animal Feed, by Country/Region, 2021–2030 (USD Million)
Table 52 Global Algae Products Market Size for Other Applications, by Country/Region, 2021–2030 (USD Million)
Table 53 Algae Products Market, by Region, 2021–2030 (USD Million)
Table 54 North America: Algae Products Market Size by Country, 2021–2030 (USD Million)
Table 55 North America: Algae Products Market Size by Type, 2021–2030 (USD Million)
Table 56 North America: Algae Hydrocolloids Market Size, by Type, 2021–2030 (USD Million)
Table 57 North America: Algae Carotenoids Market Size, by Type, 2021–2030 (USD Million)
Table 58 North America: Algae Products Market Size by Source, 2021–2030 (USD Million)
Table 59 North America: Seaweed Product Market Size, by Type, 2021–2030 (USD Million)
Table 60 North America: Algae Products Market Size by Form, 2021–2030 (USD Million)
Table 61 North America: Algae Products Market Size by Application, 2021–2030 (USD Million)
Table 62 North America: Algae Products Market Size for Food & Beverage, by Type, 2021–2030 (USD Million)
Table 63 North America: Algae Products Market Size for Food, by Type, 2021–2030 (USD Million)
Table 64 North America: Algae Products Market Size for Cosmetics, by Type, 2021–2030 (USD Million)
Table 65 U.S.: Algae Products Market Size by Type, 2021–2030 (USD Million)
Table 66 U.S.: Algae Hydrocolloids Market Size, by Type, 2021–2030 (USD Million)
Table 67 U.S.: Algae Carotenoids Market Size, by Type, 2021–2030 (USD Million)
Table 68 U.S.: Algae Products Market Size by Source, 2021–2030 (USD Million)
Table 69 U.S.: Seaweed Product Market Size, by Type, 2021–2030 (USD Million)
Table 70 U.S.: Algae Products Market Size by Form, 2021–2030 (USD Million)
Table 71 U.S.: Algae Products Market Size by Application, 2021–2030 (USD Million)
Table 72 U.S.: Algae Products Market Size for Food & Beverage, by Type, 2021–2030 (USD Million)
Table 73 U.S.: Algae Products Market Size for Food, by Type, 2021–2030 (USD Million)
Table 74 U.S.: Algae Products Market Size for Cosmetics, by Type, 2021–2030 (USD Million)
Table 75 Canada: Algae Products Market Size by Type, 2021–2030 (USD Million)
Table 76 Canada: Algae Hydrocolloids Market Size, by Type, 2021–2030 (USD Million)
Table 77 Canada: Algae Carotenoids Market Size, by Type, 2021–2030 (USD Million)
Table 78 Canada: Algae Products Market Size by Source, 2021–2030 (USD Million)
Table 79 Canada: Seaweed Product Market Size, by Type, 2021–2030 (USD Million)
Table 80 Canada: Algae Products Market Size by Form, 2021–2030 (USD Million)
Table 81 Canada: Algae Products Market Size by Application, 2021–2030 (USD Million)
Table 82 Canada: Algae Products Market Size for Food & Beverage, by Type, 2021–2030 (USD Million)
Table 83 Canada: Algae Products Market Size for Food, by Type, 2021–2030 (USD Million)
Table 84 Canada: Algae Products Market Size for Cosmetics, by Type, 2021–2030 (USD Million)
Table 85 Europe: Algae Products Market Size by Country/Region, 2021–2030 (USD Million)
Table 86 Europe: Algae Products Market Size by Type, 2021–2030 (USD Million)
Table 87 Europe: Algae Hydrocolloids Market Size, by Type, 2021–2030 (USD Million)
Table 88 Europe: Algae Carotenoids Market Size, by Type, 2021–2030 (USD Million)
Table 89 Europe: Algae Products Market Size by Source, 2021–2030 (USD Million)
Table 90 Europe: Seaweed Product Market Size, by Type, 2021–2030 (USD Million)
Table 91 Europe: Algae Products Market Size by Form, 2021–2030 (USD Million)
Table 92 Europe: Algae Products Market Size by Application, 2021–2030 (USD Million)
Table 93 Europe: Algae Products Market Size for Food & Beverage, by Type, 2021–2030 (USD Million)
Table 94 Europe: Algae Products Market Size for Food, by Type, 2021–2030 (USD Million)
Table 95 Europe: Algae Products Market Size for Cosmetics, by Type, 2021–2030 (USD Million)
Table 96 Germany: Algae Products Market Size by Type, 2021–2030 (USD Million)
Table 97 Germany: Algae Hydrocolloids Market Size, by Type, 2021–2030 (USD Million)
Table 98 Germany: Algae Carotenoids Market Size, by Type, 2021–2030 (USD Million)
Table 99 Germany: Algae Products Market Size by Source, 2021–2030 (USD Million)
Table 100 Germany: Seaweed Product Market Size, by Type, 2021–2030 (USD Million)
Table 101 Germany: Algae Products Market Size by Form, 2021–2030 (USD Million)
Table 102 Germany: Algae Products Market Size by Application, 2021–2030 (USD Million)
Table 103 Germany: Algae Products Market Size for Food & Beverage, by Type, 2021–2030 (USD Million)
Table 104 Germany: Algae Products Market Size for Food, by Type, 2021–2030 (USD Million)
Table 105 Germany: Algae Products Market Size for Cosmetics, by Type, 2021–2030 (USD Million)
Table 106 France: Algae Products Market Size by Type, 2021–2030 (USD Million)
Table 107 France: Algae Hydrocolloids Market Size, by Type, 2021–2030 (USD Million)
Table 108 France: Algae Carotenoids Market Size, by Type, 2021–2030 (USD Million)
Table 109 France: Algae Products Market Size by Source, 2021–2030 (USD Million)
Table 110 France: Seaweed Product Market Size, by Type, 2021–2030 (USD Million)
Table 111 France: Algae Products Market Size by Form, 2021–2030 (USD Million)
Table 112 France: Algae Products Market Size by Application, 2021–2030 (USD Million)
Table 113 France: Algae Products Market Size for Food & Beverage, by Type, 2021–2030 (USD Million)
Table 114 France: Algae Products Market Size for Food, by Type, 2021–2030 (USD Million)
Table 115 France: Algae Products Market Size for Cosmetics, by Type, 2021–2030 (USD Million)
Table 116 U.K.: Algae Products Market Size by Type, 2021–2030 (USD Million)
Table 117 U.K.: Algae Hydrocolloids Market Size, by Type, 2021–2030 (USD Million)
Table 118 U.K.: Algae Carotenoids Market Size, by Type, 2021–2030 (USD Million)
Table 119 U.K.: Algae Products Market Size by Source, 2021–2030 (USD Million)
Table 120 U.K.: Seaweed Product Market Size, by Type, 2021–2030 (USD Million)
Table 121 U.K.: Algae Products Market Size by Form, 2021–2030 (USD Million)
Table 122 U.K.: Algae Products Market Size by Application, 2021–2030 (USD Million)
Table 123 U.K.: Algae Products Market Size for Food & Beverage, by Type, 2021–2030 (USD Million)
Table 124 U.K.: Algae Products Market Size for Food, by Type, 2021–2030 (USD Million)
Table 125 U.K.: Algae Products Market Size for Cosmetics, by Type, 2021–2030 (USD Million)
Table 126 Italy: Algae Products Market Size by Type, 2021–2030 (USD Million)
Table 127 Italy: Algae Hydrocolloids Market Size, by Type, 2021–2030 (USD Million)
Table 128 Italy: Algae Carotenoids Market Size, by Type, 2021–2030 (USD Million)
Table 129 Italy: Algae Products Market Size by Source, 2021–2030 (USD Million)
Table 130 Italy: Seaweed Product Market Size, by Type, 2021–2030 (USD Million)
Table 131 Italy: Algae Products Market Size by Form, 2021–2030 (USD Million)
Table 132 Italy: Algae Products Market Size by Application, 2021–2030 (USD Million)
Table 133 Italy: Algae Products Market Size for Food & Beverage, by Type, 2021–2030 (USD Million)
Table 134 Italy: Algae Products Market Size for Food, by Type, 2021–2030 (USD Million)
Table 135 Italy: Algae Products Market Size for Cosmetics, by Type, 2021–2030 (USD Million)
Table 136 Spain: Algae Products Market Size by Type, 2021–2030 (USD Million)
Table 137 Spain: Algae Hydrocolloids Market Size, by Type, 2021–2030 (USD Million)
Table 138 Spain: Algae Carotenoids Market Size, by Type, 2021–2030 (USD Million)
Table 139 Spain: Algae Products Market Size by Source, 2021–2030 (USD Million)
Table 140 Spain: Seaweed Product Market Size, by Type, 2021–2030 (USD Million)
Table 141 Spain: Algae Products Market Size by Form, 2021–2030 (USD Million)
Table 142 Spain: Algae Products Market Size by Application, 2021–2030 (USD Million)
Table 143 Spain: Algae Products Market Size for Food & Beverage, by Type, 2021–2030 (USD Million)
Table 144 Spain: Algae Products Market Size for Food, by Type, 2021–2030 (USD Million)
Table 145 Spain: Algae Products Market Size for Cosmetics, by Type, 2021–2030 (USD Million)
Table 146 Rest of Europe: Algae Products Market Size by Type, 2021–2030 (USD Million)
Table 147 Rest of Europe: Algae Hydrocolloids Market Size, by Type, 2021–2030 (USD Million)
Table 148 Rest of Europe: Algae Carotenoids Market Size, by Type, 2021–2030 (USD Million)
Table 149 Rest of Europe: Algae Products Market Size by Source, 2021–2030 (USD Million)
Table 150 Rest of Europe: Seaweed Product Market Size, by Type, 2021–2030 (USD Million)
Table 151 Rest of Europe: Algae Products Market Size by Form, 2021–2030 (USD Million)
Table 152 Rest of Europe: Algae Products Market Size by Application, 2021–2030 (USD Million)
Table 153 Rest of Europe: Algae Products Market Size for Food & Beverage, by Type, 2021–2030 (USD Million)
Table 154 Rest of Europe: Algae Products Market Size for Food, by Type, 2021–2030 (USD Million)
Table 155 Rest of Europe: Algae Products Market Size for Cosmetics, by Type, 2021–2030 (USD Million)
Table 156 Asia-Pacific: Algae Products Market Size by Country/Region, 2021–2030 (USD Million)
Table 157 Asia-Pacific: Algae Products Market Size by Type, 2021–2030 (USD Million)
Table 158 Asia-Pacific: Algae Hydrocolloids Market Size, by Type, 2021–2030 (USD Million)
Table 159 Asia-Pacific: Algae Carotenoids Market Size, by Type, 2021–2030 (USD Million)
Table 160 Asia-Pacific: Algae Products Market Size by Source, 2021–2030 (USD Million)
Table 161 Asia-Pacific: Seaweed Product Market Size, by Type, 2021–2030 (USD Million)
Table 162 Asia-Pacific: Algae Products Market Size by Form, 2021–2030 (USD Million)
Table 163 Asia-Pacific: Algae Products Market Size by Application, 2021–2030 (USD Million)
Table 164 Asia-Pacific: Algae Products Market Size for Food & Beverage, by Type, 2021–2030 (USD Million)
Table 165 Asia-Pacific: Algae Products Market Size for Food, by Type, 2021–2030 (USD Million)
Table 166 Asia-Pacific: Algae Products Market Size for Cosmetics, by Type, 2021–2030 (USD Million)
Table 167 China: Algae Products Market Size by Type, 2021–2030 (USD Million)
Table 168 China: Algae Hydrocolloids Market Size, by Type, 2021–2030 (USD Million)
Table 169 China: Algae Carotenoids Market Size, by Type, 2021–2030 (USD Million)
Table 170 China: Algae Products Market Size by Source, 2021–2030 (USD Million)
Table 171 China: Seaweed Product Market Size, by Type, 2021–2030 (USD Million)
Table 172 China: Algae Products Market Size by Form, 2021–2030 (USD Million)
Table 173 China: Algae Products Market Size by Application, 2021–2030 (USD Million)
Table 174 China: Algae Products Market Size for Food & Beverage, by Type, 2021–2030 (USD Million)
Table 175 China: Algae Products Market Size for Food, by Type, 2021–2030 (USD Million)
Table 176 China: Algae Products Market Size for Cosmetics, by Type, 2021–2030 (USD Million)
Table 177 Japan: Algae Products Market Size by Type, 2021–2030 (USD Million)
Table 178 Japan: Algae Hydrocolloids Market Size, by Type, 2021–2030 (USD Million)
Table 179 Japan: Algae Carotenoids Market Size, by Type, 2021–2030 (USD Million)
Table 180 Japan: Algae Products Market Size by Source, 2021–2030 (USD Million)
Table 181 Japan: Seaweed Product Market Size, by Type, 2021–2030 (USD Million)
Table 182 Japan: Algae Products Market Size by Form, 2021–2030 (USD Million)
Table 183 Japan: Algae Products Market Size by Application, 2021–2030 (USD Million)
Table 184 Japan: Algae Products Market Size for Food & Beverage, by Type, 2021–2030 (USD Million)
Table 185 Japan: Algae Products Market Size for Food, by Type, 2021–2030 (USD Million)
Table 186 Japan: Algae Products Market Size for Cosmetics, by Type, 2021–2030 (USD Million)
Table 187 India: Algae Products Market Size by Type, 2021–2030 (USD Million)
Table 188 India: Algae Hydrocolloids Market Size, by Type, 2021–2030 (USD Million)
Table 189 India: Algae Carotenoids Market Size, by Type, 2021–2030 (USD Million)
Table 190 India: Algae Products Market Size by Source, 2021–2030 (USD Million)
Table 191 India: Seaweed Product Market Size, by Type, 2021–2030 (USD Million)
Table 192 India: Algae Products Market Size by Form, 2021–2030 (USD Million)
Table 193 India: Algae Products Market Size by Application, 2021–2030 (USD Million)
Table 194 India: Algae Products Market Size for Food & Beverage, by Type, 2021–2030 (USD Million)
Table 195 India: Algae Products Market Size for Food, by Type, 2021–2030 (USD Million)
Table 196 India: Algae Products Market Size for Cosmetics, by Type, 2021–2030 (USD Million)
Table 197 Australia: Algae Products Market Size by Type, 2021–2030 (USD Million)
Table 198 Australia: Algae Hydrocolloids Market Size, by Type, 2021–2030 (USD Million)
Table 199 Australia: Algae Carotenoids Market Size, by Type, 2021–2030 (USD Million)
Table 200 Australia: Algae Products Market Size by Source, 2021–2030 (USD Million)
Table 201 Australia: Seaweed Product Market Size, by Type, 2021–2030 (USD Million)
Table 202 Australia: Algae Products Market Size by Form, 2021–2030 (USD Million)
Table 203 Australia: Algae Products Market Size by Application, 2021–2030 (USD Million)
Table 204 Australia: Algae Products Market Size for Food & Beverage, by Type, 2021–2030 (USD Million)
Table 205 Australia: Algae Products Market Size for Food, by Type, 2021–2030 (USD Million)
Table 206 Australia: Algae Products Market Size for Cosmetics, by Type, 2021–2030 (USD Million)
Table 207 South Korea: Algae Products Market Size by Type, 2021–2030 (USD Million)
Table 208 South Korea: Algae Hydrocolloids Market Size, by Type, 2021–2030 (USD Million)
Table 209 South Korea: Algae Carotenoids Market Size, by Type, 2021–2030 (USD Million)
Table 210 South Korea: Algae Products Market Size by Source, 2021–2030 (USD Million)
Table 211 South Korea: Seaweed Product Market Size, by Type, 2021–2030 (USD Million)
Table 212 South Korea: Algae Products Market Size by Form, 2021–2030 (USD Million)
Table 213 South Korea: Algae Products Market Size by Application, 2021–2030 (USD Million)
Table 214 South Korea: Algae Products Market Size for Food & Beverage, by Type, 2021–2030 (USD Million)
Table 215 South Korea: Algae Products Market Size for Food, by Type, 2021–2030 (USD Million)
Table 216 South Korea: Algae Products Market Size for Cosmetics, by Type, 2021–2030 (USD Million)
Table 217 Rest of Asia-Pacific: Algae Products Market Size by Type, 2021–2030 (USD Million)
Table 218 Rest of Asia-Pacific: Algae Hydrocolloids Market Size, by Type, 2021–2030 (USD Million)
Table 219 Rest of Asia-Pacific: Algae Carotenoids Market Size, by Type, 2021–2030 (USD Million)
Table 220 Rest of Asia-Pacific: Algae Products Market Size by Source, 2021–2030 (USD Million)
Table 221 Rest of Asia-Pacific: Seaweed Product Market Size, by Type, 2021–2030 (USD Million)
Table 222 Rest of Asia-Pacific: Algae Products Market Size by Form, 2021–2030 (USD Million)
Table 223 Rest of Asia-Pacific: Algae Products Market Size by Application, 2021–2030 (USD Million)
Table 224 Rest of Asia-Pacific: Algae Products Market Size for Food & Beverage, by Type, 2021–2030 (USD Million)
Table 225 Rest of Asia-Pacific: Algae Products Market Size for Food, by Type, 2021–2030 (USD Million)
Table 226 Rest of Asia-Pacific: Algae Products Market Size for Cosmetics, by Type, 2021–2030 (USD Million)
Table 227 Latin America: Algae Products Market Size by Country, 2021–2030 (USD Million)
Table 228 Latin America: Algae Products Market Size by Type, 2021–2030 (USD Million)
Table 229 Latin America: Algae Hydrocolloids Market Size, by Type, 2021–2030 (USD Million)
Table 230 Latin America: Algae Carotenoids Market Size, by Type, 2021–2030 (USD Million)
Table 231 Latin America: Algae Products Market Size by Source, 2021–2030 (USD Million)
Table 232 Latin America: Seaweed Product Market Size, by Type, 2021–2030 (USD Million)
Table 233 Latin America: Algae Products Market Size by Form, 2021–2030 (USD Million)
Table 234 Latin America: Algae Products Market Size by Application, 2021–2030 (USD Million)
Table 235 Latin America: Algae Products Market Size for Food & Beverage, by Type, 2021–2030 (USD Million)
Table 236 Latin America: Algae Products Market Size for Food, by Type, 2021–2030 (USD Million)
Table 237 Latin America: Algae Products Market Size for Cosmetics, by Type, 2021–2030 (USD Million)
Table 238 Chile: Algae Products Market Size by Country, 2021–2030 (USD Million)
Table 239 Chile: Algae Products Market Size by Type, 2021–2030 (USD Million)
Table 240 Chile: Algae Hydrocolloids Market Size, by Type, 2021–2030 (USD Million)
Table 241 Chile: Algae Carotenoids Market Size, by Type, 2021–2030 (USD Million)
Table 242 Chile: Algae Products Market Size by Source, 2021–2030 (USD Million)
Table 243 Chile: Seaweed Product Market Size, by Type, 2021–2030 (USD Million)
Table 244 Chile: Algae Products Market Size by Form, 2021–2030 (USD Million)
Table 245 Chile: Algae Products Market Size by Application, 2021–2030 (USD Million)
Table 246 Chile: Algae Products Market Size for Food & Beverage, by Type, 2021–2030 (USD Million)
Table 247 Chile: Algae Products Market Size for Food, by Type, 2021–2030 (USD Million)
Table 248 Chile: Algae Products Market Size for Cosmetics, by Type, 2021–2030 (USD Million)
Table 249 Brazil: Algae Products Market Size by Country, 2021–2030 (USD Million)
Table 250 Brazil: Algae Products Market Size by Type, 2021–2030 (USD Million)
Table 251 Brazil: Algae Hydrocolloids Market Size, by Type, 2021–2030 (USD Million)
Table 252 Brazil: Algae Carotenoids Market Size, by Type, 2021–2030 (USD Million)
Table 253 Brazil: Algae Products Market Size by Source, 2021–2030 (USD Million)
Table 254 Brazil: Seaweed Product Market Size, by Type, 2021–2030 (USD Million)
Table 255 Brazil: Algae Products Market Size by Form, 2021–2030 (USD Million)
Table 256 Brazil: Algae Products Market Size by Application, 2021–2030 (USD Million)
Table 257 Brazil: Algae Products Market Size for Food & Beverage, by Type, 2021–2030 (USD Million)
Table 258 Brazil: Algae Products Market Size for Food, by Type, 2021–2030 (USD Million)
Table 259 Brazil: Algae Products Market Size for Cosmetics, by Type, 2021–2030 (USD Million)
Table 260 Mexico: Algae Products Market Size by Country, 2021–2030 (USD Million)
Table 261 Mexico: Algae Products Market Size by Type, 2021–2030 (USD Million)
Table 262 Mexico: Algae Hydrocolloids Market Size, by Type, 2021–2030 (USD Million)
Table 263 Mexico: Algae Carotenoids Market Size, by Type, 2021–2030 (USD Million)
Table 264 Mexico: Algae Products Market Size by Source, 2021–2030 (USD Million)
Table 265 Mexico: Seaweed Product Market Size, by Type, 2021–2030 (USD Million)
Table 266 Mexico: Algae Products Market Size by Form, 2021–2030 (USD Million)
Table 267 Mexico: Algae Products Market Size by Application, 2021–2030 (USD Million)
Table 268 Mexico: Algae Products Market Size for Food & Beverage, by Type, 2021–2030 (USD Million)
Table 269 Mexico: Algae Products Market Size for Food, by Type, 2021–2030 (USD Million)
Table 270 Mexico: Algae Products Market Size for Cosmetics, by Type, 2021–2030 (USD Million)
Table 271 Argentina: Algae Products Market Size by Country, 2021–2030 (USD Million)
Table 272 Argentina: Algae Products Market Size by Type, 2021–2030 (USD Million)
Table 273 Argentina: Algae Hydrocolloids Market Size, by Type, 2021–2030 (USD Million)
Table 274 Argentina: Algae Carotenoids Market Size, by Type, 2021–2030 (USD Million)
Table 275 Argentina: Algae Products Market Size by Source, 2021–2030 (USD Million)
Table 276 Argentina: Seaweed Product Market Size, by Type, 2021–2030 (USD Million)
Table 277 Argentina: Algae Products Market Size by Form, 2021–2030 (USD Million)
Table 278 Argentina: Algae Products Market Size by Application, 2021–2030 (USD Million)
Table 279 Argentina: Algae Products Market Size for Food & Beverage, by Type, 2021–2030 (USD Million)
Table 280 Argentina: Algae Products Market Size for Food, by Type, 2021–2030 (USD Million)
Table 281 Argentina: Algae Products Market Size for Cosmetics, by Type, 2021–2030 (USD Million)
Table 282 Rest of Latin America: Algae Products Market Size by Country, 2021–2030 (USD Million)
Table 283 Rest of Latin America: Algae Products Market Size by Type, 2021–2030 (USD Million)
Table 284 Rest of Latin America: Algae Hydrocolloids Market Size, by Type, 2021–2030 (USD Million)
Table 285 Rest of Latin America: Algae Carotenoids Market Size, by Type, 2021–2030 (USD Million)
Table 286 Rest of Latin America: Algae Products Market Size by Source, 2021–2030 (USD Million)
Table 287 Rest of Latin America: Seaweed Product Market Size, by Type, 2021–2030 (USD Million)
Table 288 Rest of Latin America: Algae Products Market Size by Form, 2021–2030 (USD Million)
Table 289 Rest of Latin America: Algae Products Market Size by Application, 2021–2030 (USD Million)
Table 290 Rest of Latin America: Algae Products Market Size for Food & Beverage, by Type, 2021–2030 (USD Million)
Table 291 Rest of Latin America: Algae Products Market Size for Food, by Type, 2021–2030 (USD Million)
Table 292 Rest of Latin America: Algae Products Market Size for Cosmetics, by Type, 2021–2030 (USD Million)
Table 293 Middle East & Africa: Algae Products Market Size by Country, 2021–2030 (USD Million)
Table 294 Middle East & Africa: Algae Products Market Size by Type, 2021–2030 (USD Million)
Table 295 Middle East & Africa: Algae Hydrocolloids Market Size, by Type, 2021–2030 (USD Million)
Table 296 Middle East & Africa: Algae Carotenoids Market Size, by Type, 2021–2030 (USD Million)
Table 297 Middle East & Africa: Algae Products Market Size by Source, 2021–2030 (USD Million)
Table 298 Middle East & Africa: Seaweed Product Market Size, by Type, 2021–2030 (USD Million)
Table 299 Middle East & Africa: Algae Products Market Size by Form, 2021–2030 (USD Million)
Table 300 Middle East & Africa: Algae Products Market Size by Application, 2021–2030 (USD Million)
Table 301 Middle East & Africa: Algae Products Market Size for Food & Beverage, by Type, 2021–2030 (USD Million)
Table 302 Middle East & Africa: Algae Products Market Size for Food, by Type, 2021–2030 (USD Million)
Table 303 Middle East & Africa: Algae Products Market Size for Cosmetics, by Type, 2021–2030 (USD Million)
Table 304 Number of Developments by Major Players During 2019–2023
List of Figures
Figure 1 Key Stakeholders
Figure 2 Research Process
Figure 3 Key Secondary Sources
Figure 4 Primary Research Techniques
Figure 5 Key Executives Interviewed
Figure 6 Breakdown of Primary Interviews (Supply-Side & Demand-Side)
Figure 7 Market Size Estimation
Figure 8 In 2023, the Hydrocolloids Segment to Dominate the Global Algae Products Market
Figure 9 The Seaweed Segment to Register the Highest CAGR
Figure 10 The Dry Form Segment to Register the Highest CAGR
Figure 11 In 2023, the Food & Beverage Segment to Dominate the Algae Products Market
Figure 12 In 2023, Asia-Pacific to Dominate the Algae Products Market
Figure 13 Market Dynamics
Figure 14 Global Algae Products Market Size, by Type, 2023 Vs. 2030 (USD Million)
Figure 15 Global Algae Hydrocolloids Market Size, by Type, 2023 Vs. 2030 (USD Million)
Figure 16 Global Algae Carotenoids Market Size, by Type, 2023 Vs. 2030 (USD Million)
Figure 17 Global Algae Products Market Size by Source, 2023 Vs. 2030 (USD Million)
Figure 18 Global Seaweed Product Market Size, by Type, 2023 Vs. 2030 (USD Million)
Figure 19 Global Algae Products Market Size by Form, 2023 Vs. 2030 (USD Million)
Figure 20 Global Algae Products Market Size by Application, 2023 Vs. 2030 (USD Million)
Figure 21 Algae Products Market Share, by Region, (2023)
Figure 22 North America: Algae Products Market Snapshot (2023)
Figure 23 Europe: Algae Products Market Snapshot (2023)
Figure 24 Asia-Pacific: Algae Products Market Snapshot (2023)
Figure 25 Latin America: Algae Products Market Snapshot (2023)
Figure 26 Middle East & Africa: Algae Products Market Snapshot (2023)
Figure 27 Key Growth Strategies Adopted by Leading Players, 2019–2023
Figure 28 Algae Products Market: Competitive Benchmarking, by Type
Figure 29 DIC Corporation: Financial Overview (2022)
Figure 30 Pond Technologies Inc.: Financial Overview (2022)
This report provides pre & post COVID-19 market estimates.
This report provides pre & post COVID-19 market estimates.
Published Date: Jan-2023
Published Date: Jan-2023
Published Date: Oct-2022
Published Date: Jun-2022
Published Date: Jul-2021
