Global Algae Products Market : Size Wholesale John Kelly Jersey , Share, Growth, Analysis and Demand Forecast Till 2024 by bharatbook98 · June 28, 2019
Bharat Book Bureau Provides the Trending Market Research Report on 鈥淕lobal Algae Products Market By Source (Macroalgae and Microalgae), By Application (Pharmaceuticals and Nutraceuticals, Food & Beverages, Cosmetics and Others) Wholesale John Franklin-Myers Jersey , By Region (North America, Europe, Asia-Pacific, South America and Middle East & Africa), Competition, Forecast & Opportunities, 2024鈥?under Retail聽category. The report offers a collection of superior market research Wholesale Brian Allen Jersey , market analysis, competitive intelligence and industry reports.
Global Algae Products Market聽stood at $ 9.9 billion in 2018 and is projected to grow at a CAGR of over 7% during 2019-2024 to reach $ 14.99 billion聽by 2024, on the back of increasing use of algae products in healthy food items to produce natural nutrient supplements, thereby emerging as a promising substitute for animal based nutrition. Growing application of algae products in the pharmaceutical sector for manufacturing antimicrobials, antivirals and anti-bacterial medicines, neuroprotective products, human therapeutic proteins Wholesale Joseph Noteboom Jersey , drugs for cancer treatment, and pharmacology is another major factor expected to fuel the market in coming years. Some of the other market drivers are increasing investments in algae production, growing number of mergers & acquisitions, and rising demand for alternative source of energy such as algae-based biofuels.
Years considered for this report:
Historical Years: 2014-2017
Base Year: 2018
Estimated Year: 2019
Forecast Period: 2020-2024
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Objective of the Study:
鈥?To analyze and forecast global algae products market size.
鈥?To define, classify and forecast global algae products market on the basis of source, application, and region.
鈥?To scrutinize the detailed market segmentation and forecast the market size on the basis of application, namely 鈥?Pharmaceutical and Nutraceutical, Food & Beverages, Cosmetics and Others.
鈥?To analyze and forecast the market share for algae products with respect to region Wholesale Josh Reynolds Jersey , namely: North America, South America, Asia-Pacific, Europe and Middle East & Africa.
鈥?To identify tailwinds and headwinds for global algae products market.
鈥?To strategically profile the leading players operating in algae products market, globally.
Some of the major players operating in global algae products market are DIC Corporation
BASF SE, Koninklijke DSM N.V., Corbion N.V. Wholesale Gerald Everett Jersey , Cyanotech Corporation, AlgaTechnologies Ltd., Algaetech International Sdn Bhd, Tianjin Norland Biotech Co., Ltd., Cellana, Inc. and E.I.D Parry (India) Limited.
Our聽Research performed both primary as well as exhaustive secondary research for this study. Initially Wholesale Rob Havenstein Jersey , Our聽Research sourced a list of algae product manufacturers and suppliers. Subsequently, Our聽Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, Our聽was able to include the manufacturers which could not be identified due to the limitations of secondary research. Our聽Research analyzed the product offerings, and regional presence of all major algae product suppliers across the globe.
Our聽calculated global algae products market size by using a bottom-up approach, where manufacturers鈥?value shares data for product source (microalgae and macroalgae) were recorded and forecast for the future years. Our Research sourced these values from industry experts and company representatives and externally validated through analyzing historical sales data of respective manufacturers to arrive at the overall market size. Various secondary sources such as directories, databases such as company annual reports Wholesale Tyler Higbee Jersey , World Bank, industry magazines, industry reports, news dailies, Algae Product Associations, Food and Agricultural Organizations, credible paid databases and proprietary databases were also studied by Our聽Research.
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