Algae Market
PUBLISHED: 2020 ID: SMRC20176
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Algae Market

Algae - Global Market Outlook (2019 -2027)

4.4 (78 reviews)
4.4 (78 reviews)
Published: 2020 ID: SMRC20176

This report covers the impact of COVID-19 on this global market

According to Stratistics MRC, the Global Algae Market is accounted for $783.11 million in 2019 and is expected to reach $1,583.46 million by 2027 growing at a CAGR of 9.2% during the forecast period. Increasing demand for algae in the plastic industry to manufacture biodegradable plastic is the major factor propelling the market growth. However, lack of coordination among the research organization and microalgae producers are hampering the market growth.

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Algae are photosynthetic eukaryotic organisms that grow in aquatic climates and use light and carbon dioxide (CO2) in order to create biomass. The complex and largest marine algae are called seaweeds. The algae consist of chloroplast, which is similar to cyanobacteria in structure. Algae have its wide applications in agar, nutrition, alginates, fertilizer, energy source, pigments, and bioremediation.

Based on the product type, the macro algae segment is going to have a lucrative growth during the forecast period due to it is used in most foods. The macroalgae consist of more fiber than microalgae.

By geography, North America is estimated to have a lucrative growth due to it invests heavily in the R&D sector for the development of new and innovative food and beverage. This is projected of fuel the demand for algae in the region.

Some of the key players profiled in the Algae Market include Affinity Energy & Health, Algae Systems LLC, Algae Tec, Corbion N.V., Algenol, Algix, Dao Energy, LLC, Diversified Energy Corporation, DSM Nutritional Products, Kai BioEnergy Corp., Kent BioEnergy Corporation., LiveFuels, Inc, Phycal LLC, Pond Biofuels Incorporated, Sapphire Energy, Inc., and Solazyme, Inc.

Cultivation Technologies Covered:
• Closed Fermenter Systems Cultivation Technology
• Closed Photo Bioreactor Cultivation Technology
• Open Pond Cultivation Technology
• Raceway Pond Cultivation Technology

Product Types Covered:
• Macroalgae
• Microalgae

Applications Covered:
• Aviation Sector
• Bioplastics
• DHA Production
• Marine Sector
• Road Transport
• Food & Beverages
• Nutraceutical
• Cosmetics
• Animal and Fish Feed
• Waste Water Treatment
• Biofuel
• Fertilizer
• Specialty Chemicals and Polymers

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan       
o China       
o India       
o Australia 
o New Zealand
o South Korea
o Rest of Asia Pacific   
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2018, 2019 2020, 2024, and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary        
          
2 Preface         
 
 2.1 Abstract        
 2.2 Stake Holders       
 2.3 Research Scope       
 2.4 Research Methodology      
  2.4.1 Data Mining      
  2.4.2 Data Analysis      
  2.4.3 Data Validation      
  2.4.4 Research Approach      
 2.5 Research Sources       
  2.5.1 Primary Research Sources     
  2.5.2 Secondary Research Sources     
  2.5.3 Assumptions      
          
3 Market Trend Analysis       
 3.1 Introduction       
 3.2 Drivers        
 3.3 Restraints       
 3.4 Opportunities        
 3.5 Threats 
 3.6 Technology Analysis     
 3.7 Product Analysis       
 3.8 Application Analysis      
 3.9 Emerging Markets       
 3.10 Impact of Covid-19       
          
4 Porters Five Force Analysis       
 4.1 Bargaining power of suppliers      
 4.2 Bargaining power of buyers      
 4.3 Threat of substitutes      
 4.4 Threat of new entrants      
 4.5 Competitive rivalry       
          
5 Global Algae Market, By Cultivation Technology     

 5.1 Introduction       
 5.2 Closed Fermenter Systems Cultivation Technology    
 5.3 Closed Photo Bioreactor Cultivation Technology    
 5.4 Open Pond Cultivation Technology     
 5.5 Raceway Pond Cultivation Technology     
          
6 Global Algae Market, By Product Type      

 6.1 Introduction       
 6.2 Macroalgae       
 6.3 Microalgae       
          
7 Global Algae Market, By Application      
 7.1 Introduction       
 7.2 Aviation Sector       
 7.3 Bioplastics       
 7.4 DHA Production        
  7.4.1 Pharmaceutical      
  7.4.2 Protein Sales      
 7.5 Marine Sector       
 7.6 Road Transport       
 7.7 Food & Beverages       
 7.8 Nutraceutical       
 7.9 Cosmetics       
 7.10 Animal and Fish Feed      
 7.11 Waste Water Treatment      
 7.12 Biofuel        
 7.13 Fertilizer        
 7.14 Specialty Chemicals and Polymers     
          
8 Global Algae Market, By Geography      
 8.1 Introduction       
 8.2 North America       
  8.2.1 US       
  8.2.2 Canada       
  8.2.3 Mexico       
 8.3 Europe        
  8.3.1 Germany       
  8.3.2 UK       
  8.3.3 Italy       
  8.3.4 France       
  8.3.5 Spain       
  8.3.6 Rest of Europe      
 8.4 Asia Pacific       
  8.4.1 Japan       
  8.4.2 China       
  8.4.3 India       
  8.4.4 Australia       
  8.4.5 New Zealand      
  8.4.6 South Korea      
  8.4.7 Rest of Asia Pacific      
 8.5 South America       
  8.5.1 Argentina      
  8.5.2 Brazil       
  8.5.3 Chile       
  8.5.4 Rest of South America     
 8.6 Middle East & Africa      
  8.6.1 Saudi Arabia      
  8.6.2 UAE       
  8.6.3 Qatar       
  8.6.4 South Africa      
  8.6.5 Rest of Middle East & Africa     
          
9 Key Developments        

 9.1 Agreements, Partnerships, Collaborations and Joint Ventures   
 9.2 Acquisitions & Mergers      
 9.3 New Product Launch      
 9.4 Expansions       
 9.5 Other Key Strategies      
          
10 Company Profiling        
 10.1 Affinity Energy & Health       
 10.2 Algae Systems LLC       
 10.3 Algae Tec        
 10.4 Corbion N.V.        
 10.5 Algenol        
 10.6 Algix        
 10.7 Dao Energy, LLC       
 10.8 Diversified Energy Corporation     
 10.9 DSM Nutritional Products      
 10.10 Kai BioEnergy Corp.       
 10.11 Kent BioEnergy Corporation.      
 10.12 LiveFuels, Inc       
 10.13 Phycal LLC       
 10.14 Pond Biofuels Incorporated      
 10.15 Sapphire Energy, Inc.      
 10.16 Solazyme, Inc.       


List of Tables         
1 Global Algae Market Outlook, By Region (2018-2027) ($MN)    
2 Global Algae Market Outlook, By Cultivation Technology (2018-2027) ($MN)  
3 Global Algae Market Outlook, By Closed Fermenter Systems Cultivation Technology (2018-2027) ($MN)
4 Global Algae Market Outlook, By Closed Photo Bioreactor Cultivation Technology (2018-2027) ($MN)
5 Global Algae Market Outlook, By Open Pond Cultivation Technology (2018-2027) ($MN) 
6 Global Algae Market Outlook, By Raceway Pond Cultivation Technology (2018-2027) ($MN) 
7 Global Algae Market Outlook, By Product Type (2018-2027) ($MN)   
8 Global Algae Market Outlook, By Macroalgae (2018-2027) ($MN)   
9 Global Algae Market Outlook, By Microalgae (2018-2027) ($MN)   
10 Global Algae Market Outlook, By Application (2018-2027) ($MN)   
11 Global Algae Market Outlook, By Aviation Sector (2018-2027) ($MN)   
12 Global Algae Market Outlook, By Bioplastics (2018-2027) ($MN)   
13 Global Algae Market Outlook, By DHA Production  (2018-2027) ($MN)   
14 Global Algae Market Outlook, By Pharmaceutical (2018-2027) ($MN)   
15 Global Algae Market Outlook, By Protein Sales (2018-2027) ($MN)   
16 Global Algae Market Outlook, By Marine Sector (2018-2027) ($MN)   
17 Global Algae Market Outlook, By Road Transport (2018-2027) ($MN)   
18 Global Algae Market Outlook, By Food & Beverages (2018-2027) ($MN)   
19 Global Algae Market Outlook, By Nutraceutical (2018-2027) ($MN)   
20 Global Algae Market Outlook, By Cosmetics (2018-2027) ($MN)   
21 Global Algae Market Outlook, By Animal and Fish Feed (2018-2027) ($MN)  
22 Global Algae Market Outlook, By Waste Water Treatment (2018-2027) ($MN)  
23 Global Algae Market Outlook, By Biofuel (2018-2027) ($MN)    
24 Global Algae Market Outlook, By Fertilizer (2018-2027) ($MN)    
25 Global Algae Market Outlook, By Specialty Chemicals and Polymers (2018-2027) ($MN) 
26 North America Algae Market Outlook, By Country (2018-2027) ($MN)   
27 North America Algae Market Outlook, By Cultivation Technology (2018-2027) ($MN) 
28 North America Algae Market Outlook, By Closed Fermenter Systems Cultivation Technology (2018-2027) ($MN)
29 North America Algae Market Outlook, By Closed Photo Bioreactor Cultivation Technology (2018-2027) ($MN)
30 North America Algae Market Outlook, By Open Pond Cultivation Technology (2018-2027) ($MN)
31 North America Algae Market Outlook, By Raceway Pond Cultivation Technology (2018-2027) ($MN)
32 North America Algae Market Outlook, By Product Type (2018-2027) ($MN)  
33 North America Algae Market Outlook, By Macroalgae (2018-2027) ($MN)   
34 North America Algae Market Outlook, By Microalgae (2018-2027) ($MN)   
35 North America Algae Market Outlook, By Application (2018-2027) ($MN)   
36 North America Algae Market Outlook, By Aviation Sector (2018-2027) ($MN)  
37 North America Algae Market Outlook, By Bioplastics (2018-2027) ($MN)   
38 North America Algae Market Outlook, By DHA Production  (2018-2027) ($MN)  
39 North America Algae Market Outlook, By Pharmaceutical (2018-2027) ($MN)  
40 North America Algae Market Outlook, By Protein Sales (2018-2027) ($MN)  
41 North America Algae Market Outlook, By Marine Sector (2018-2027) ($MN)  
42 North America Algae Market Outlook, By Road Transport (2018-2027) ($MN)  
43 North America Algae Market Outlook, By Food & Beverages (2018-2027) ($MN)  
44 North America Algae Market Outlook, By Nutraceutical (2018-2027) ($MN)  
45 North America Algae Market Outlook, By Cosmetics (2018-2027) ($MN)   
46 North America Algae Market Outlook, By Animal and Fish Feed (2018-2027) ($MN)  
47 North America Algae Market Outlook, By Waste Water Treatment (2018-2027) ($MN) 
48 North America Algae Market Outlook, By Biofuel (2018-2027) ($MN)   
49 North America Algae Market Outlook, By Fertilizer (2018-2027) ($MN)   
50 North America Algae Market Outlook, By Specialty Chemicals and Polymers (2018-2027) ($MN)
51 Europe Algae Market Outlook, By Country (2018-2027) ($MN)    
52 Europe Algae Market Outlook, By Cultivation Technology (2018-2027) ($MN)  
53 Europe Algae Market Outlook, By Closed Fermenter Systems Cultivation Technology (2018-2027) ($MN)
54 Europe Algae Market Outlook, By Closed Photo Bioreactor Cultivation Technology (2018-2027) ($MN)
55 Europe Algae Market Outlook, By Open Pond Cultivation Technology (2018-2027) ($MN) 
56 Europe Algae Market Outlook, By Raceway Pond Cultivation Technology (2018-2027) ($MN) 
57 Europe Algae Market Outlook, By Product Type (2018-2027) ($MN)   
58 Europe Algae Market Outlook, By Macroalgae (2018-2027) ($MN)   
59 Europe Algae Market Outlook, By Microalgae (2018-2027) ($MN)   
60 Europe Algae Market Outlook, By Application (2018-2027) ($MN)   
61 Europe Algae Market Outlook, By Aviation Sector (2018-2027) ($MN)   
62 Europe Algae Market Outlook, By Bioplastics (2018-2027) ($MN)   
63 Europe Algae Market Outlook, By DHA Production  (2018-2027) ($MN)   
64 Europe Algae Market Outlook, By Pharmaceutical (2018-2027) ($MN)   
65 Europe Algae Market Outlook, By Protein Sales (2018-2027) ($MN)   
66 Europe Algae Market Outlook, By Marine Sector (2018-2027) ($MN)   
67 Europe Algae Market Outlook, By Road Transport (2018-2027) ($MN)   
68 Europe Algae Market Outlook, By Food & Beverages (2018-2027) ($MN)   
69 Europe Algae Market Outlook, By Nutraceutical (2018-2027) ($MN)   
70 Europe Algae Market Outlook, By Cosmetics (2018-2027) ($MN)   
71 Europe Algae Market Outlook, By Animal and Fish Feed (2018-2027) ($MN)  
72 Europe Algae Market Outlook, By Waste Water Treatment (2018-2027) ($MN)  
73 Europe Algae Market Outlook, By Biofuel (2018-2027) ($MN)    
74 Europe Algae Market Outlook, By Fertilizer (2018-2027) ($MN)    
75 Europe Algae Market Outlook, By Specialty Chemicals and Polymers (2018-2027) ($MN) 
76 Asia Pacific Algae Market Outlook, By Country (2018-2027) ($MN)   
77 Asia Pacific Algae Market Outlook, By Cultivation Technology (2018-2027) ($MN)  
78 Asia Pacific Algae Market Outlook, By Closed Fermenter Systems Cultivation Technology (2018-2027) ($MN)
79 Asia Pacific Algae Market Outlook, By Closed Photo Bioreactor Cultivation Technology (2018-2027) ($MN)
80 Asia Pacific Algae Market Outlook, By Open Pond Cultivation Technology (2018-2027) ($MN) 
81 Asia Pacific Algae Market Outlook, By Raceway Pond Cultivation Technology (2018-2027) ($MN)
82 Asia Pacific Algae Market Outlook, By Product Type (2018-2027) ($MN)   
83 Asia Pacific Algae Market Outlook, By Macroalgae (2018-2027) ($MN)   
84 Asia Pacific Algae Market Outlook, By Microalgae (2018-2027) ($MN)   
85 Asia Pacific Algae Market Outlook, By Application (2018-2027) ($MN)   
86 Asia Pacific Algae Market Outlook, By Aviation Sector (2018-2027) ($MN)   
87 Asia Pacific Algae Market Outlook, By Bioplastics (2018-2027) ($MN)   
88 Asia Pacific Algae Market Outlook, By DHA Production  (2018-2027) ($MN)  
89 Asia Pacific Algae Market Outlook, By Pharmaceutical (2018-2027) ($MN)   
90 Asia Pacific Algae Market Outlook, By Protein Sales (2018-2027) ($MN)   
91 Asia Pacific Algae Market Outlook, By Marine Sector (2018-2027) ($MN)   
92 Asia Pacific Algae Market Outlook, By Road Transport (2018-2027) ($MN)   
93 Asia Pacific Algae Market Outlook, By Food & Beverages (2018-2027) ($MN)  
94 Asia Pacific Algae Market Outlook, By Nutraceutical (2018-2027) ($MN)   
95 Asia Pacific Algae Market Outlook, By Cosmetics (2018-2027) ($MN)   
96 Asia Pacific Algae Market Outlook, By Animal and Fish Feed (2018-2027) ($MN)  
97 Asia Pacific Algae Market Outlook, By Waste Water Treatment (2018-2027) ($MN)  
98 Asia Pacific Algae Market Outlook, By Biofuel (2018-2027) ($MN)   
99 Asia Pacific Algae Market Outlook, By Fertilizer (2018-2027) ($MN)   
100 Asia Pacific Algae Market Outlook, By Specialty Chemicals and Polymers (2018-2027) ($MN) 
101 South America Algae Market Outlook, By Country (2018-2027) ($MN)   
102 South America Algae Market Outlook, By Cultivation Technology (2018-2027) ($MN) 
103 South America Algae Market Outlook, By Closed Fermenter Systems Cultivation Technology (2018-2027) ($MN)
104 South America Algae Market Outlook, By Closed Photo Bioreactor Cultivation Technology (2018-2027) ($MN)
105 South America Algae Market Outlook, By Open Pond Cultivation Technology (2018-2027) ($MN)
106 South America Algae Market Outlook, By Raceway Pond Cultivation Technology (2018-2027) ($MN)
107 South America Algae Market Outlook, By Product Type (2018-2027) ($MN)  
108 South America Algae Market Outlook, By Macroalgae (2018-2027) ($MN)   
109 South America Algae Market Outlook, By Microalgae (2018-2027) ($MN)   
110 South America Algae Market Outlook, By Application (2018-2027) ($MN)    
111 South America Algae Market Outlook, By Aviation Sector (2018-2027) ($MN)  
112 South America Algae Market Outlook, By Bioplastics (2018-2027) ($MN)   
113 South America Algae Market Outlook, By DHA Production  (2018-2027) ($MN)  
114 South America Algae Market Outlook, By Pharmaceutical (2018-2027) ($MN)  
115 South America Algae Market Outlook, By Protein Sales (2018-2027) ($MN)  
116 South America Algae Market Outlook, By Marine Sector (2018-2027) ($MN)  
117 South America Algae Market Outlook, By Road Transport (2018-2027) ($MN)  
118 South America Algae Market Outlook, By Food & Beverages (2018-2027) ($MN)  
119 South America Algae Market Outlook, By Nutraceutical (2018-2027) ($MN)  
120 South America Algae Market Outlook, By Cosmetics (2018-2027) ($MN)   
121 South America Algae Market Outlook, By Animal and Fish Feed (2018-2027) ($MN)  
122 South America Algae Market Outlook, By Waste Water Treatment (2018-2027) ($MN) 
123 South America Algae Market Outlook, By Biofuel (2018-2027) ($MN)   
124 South America Algae Market Outlook, By Fertilizer (2018-2027) ($MN)   
125 South America Algae Market Outlook, By Specialty Chemicals and Polymers (2018-2027) ($MN)
126 Middle East & Africa Algae Market Outlook, By Country (2018-2027) ($MN)  
127 Middle East & Africa Algae Market Outlook, By Cultivation Technology (2018-2027) ($MN) 
128 Middle East & Africa Algae Market Outlook, By Closed Fermenter Systems Cultivation Technology (2018-2027) ($MN)
129 Middle East & Africa Algae Market Outlook, By Closed Photo Bioreactor Cultivation Technology (2018-2027) ($MN)
130 Middle East & Africa Algae Market Outlook, By Open Pond Cultivation Technology (2018-2027) ($MN)
131 Middle East & Africa Algae Market Outlook, By Raceway Pond Cultivation Technology (2018-2027) ($MN)
132 Middle East & Africa Algae Market Outlook, By Product Type (2018-2027) ($MN)  
133 Middle East & Africa Algae Market Outlook, By Macroalgae (2018-2027) ($MN)  
134 Middle East & Africa Algae Market Outlook, By Microalgae (2018-2027) ($MN)  
135 Middle East & Africa Algae Market Outlook, By Application (2018-2027) ($MN)  
136 Middle East & Africa Algae Market Outlook, By Aviation Sector (2018-2027) ($MN)  
137 Middle East & Africa Algae Market Outlook, By Bioplastics (2018-2027) ($MN)  
138 Middle East & Africa Algae Market Outlook, By DHA Production  (2018-2027) ($MN)  
139 Middle East & Africa Algae Market Outlook, By Pharmaceutical (2018-2027) ($MN)  
140 Middle East & Africa Algae Market Outlook, By Protein Sales (2018-2027) ($MN)  
141 Middle East & Africa Algae Market Outlook, By Marine Sector (2018-2027) ($MN)  
142 Middle East & Africa Algae Market Outlook, By Road Transport (2018-2027) ($MN)  
143 Middle East & Africa Algae Market Outlook, By Food & Beverages (2018-2027) ($MN) 
144 Middle East & Africa Algae Market Outlook, By Nutraceutical (2018-2027) ($MN)  
145 Middle East & Africa Algae Market Outlook, By Cosmetics (2018-2027) ($MN)  
146 Middle East & Africa Algae Market Outlook, By Animal and Fish Feed (2018-2027) ($MN) 
147 Middle East & Africa Algae Market Outlook, By Waste Water Treatment (2018-2027) ($MN) 
148 Middle East & Africa Algae Market Outlook, By Biofuel (2018-2027) ($MN)  
149 Middle East & Africa Algae Market Outlook, By Fertilizer (2018-2027) ($MN)  
150 Middle East & Africa Algae Market Outlook, By Specialty Chemicals and Polymers (2018-2027) ($MN)

List of Figures

RESEARCH METHODOLOGY


Research Methodology

We at Stratistics opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.

Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.

Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.

Data Mining

The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.

Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.

Data Analysis

From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:

  • Product Lifecycle Analysis
  • Competitor analysis
  • Risk analysis
  • Porters Analysis
  • PESTEL Analysis
  • SWOT Analysis

The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.


Data Validation

The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.

We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.

The data validation involves the primary research from the industry experts belonging to:

  • Leading Companies
  • Suppliers & Distributors
  • Manufacturers
  • Consumers
  • Industry/Strategic Consultants

Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.


For more details about research methodology, kindly write to us at info@strategymrc.com

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