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Microalgae Based Products Market

Microalgae-based Products - Global Market Outlook (2019 -2027)

4.7 (79 reviews)
Published: November 2020 ID: SMRC20108
4.7 (79 reviews)
Published: November 2020 ID: SMRC20108

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

According to Stratistics MRC, the Global Microalgae-based Products Market is accounted for $1.83 billion in 2019 and is expected to reach $3.15 billion by 2027 growing at a CAGR of 7.0% during the forecast period. An increase in the usage of microalgae-based products in food and nutraceutical & dietary supplements purposes is the major factor driving market growth. However, government systems on food safety and the high cost of manufacturing are hampering the market growth.

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Microalgae-based products are used in different applications in dissimilar industry verticals such as food & beverages, pharmaceuticals, nutraceuticals & dietary supplements, chemicals, fuel, personal care, and animal feed. The microalgae-based products offer notable environmental benefits compared to existing raw materials.

Based on the product, the spirulina segment is likely to have a huge demand due to it is a type of microalgae that can be consumed as a dietary supplement or feed, because of its excellent nutritional value and health benefits. It serves as an excellent choice for human consumption, because of its high protein and vitamin content. Spirulina also possesses excellent anti-inflammatory and antioxidant properties.

By geography, Europe is going to have a lucrative growth during the forecast period due to it plays a significant role in the field of microalgae applications. Its well-built position in science and technology, due to the high precedence to R&D policies, makes it an important region for microalgae-based products.

Some of the key players profiled in the Microalgae-based Products Market include AstaReal AB, BlueBioTech, Cargill, Incorporated, Cyanotech Corporation, E.I.D. - Parry (India) Limited, Euglena Co., Ltd., Cellana Inc., Necton, Ocean Nutrition, Proalgen Biotech Ltd., Nordic Naturals, Xiamen Huison Biotech, Deva Nutrition, Source Omega, Algae International Berhad, Earthrise Nutritional, Algae Health Sciences - A BGG company.

Products Covered:
• Astaxanthin
• Beta Carotene
• Chlorella
• Lutein
• PUFA Fatty Acid
• Spirulina
• Other Products

Applications Covered:
• Animal Feed
• Chemicals
• Food & Beverages
• Fuel
• Nutraceuticals & Dietary Supplements
• Personal Care
• Pharmaceuticals
• Fertilizers
• Healthcare

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

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 Product Analysis          
 3.7 Application Analysis          
 3.8 Emerging Markets          
 3.9 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 Microalgae-based Products Market, By Product           
 5.1 Introduction          
 5.2 Astaxanthin          
 5.3 Beta Carotene          
 5.4 Chlorella           
 5.5 Lutein          
 5.6 PUFA Fatty Acid          
 5.7 Spirulina          
 5.8 Other Products          
  5.8.1 Zeaxanthin         
  5.8.2 Lycopene         
  5.8.3 Phycobiliproteins         
            
6 Global Microalgae-based Products Market, By Application           
 6.1 Introduction          
 6.2 Animal Feed          
  6.2.1 Fish Feed         
 6.3 Chemicals          
 6.4 Food & Beverages          
 6.5 Fuel          
 6.6 Nutraceuticals & Dietary Supplements           
 6.7 Personal Care          
 6.8 Pharmaceuticals          
 6.9 Fertilizers          
 6.10 Healthcare          
            
7 Global Microalgae-based Products Market, By Geography           
 7.1 Introduction          
 7.2 North America           
  7.2.1 US         
  7.2.2 Canada         
  7.2.3 Mexico         
 7.3 Europe          
  7.3.1 Germany         
  7.3.2 UK         
  7.3.3 Italy         
  7.3.4 France         
  7.3.5 Spain         
  7.3.6 Rest of Europe         
 7.4 Asia Pacific          
  7.4.1 Japan         
  7.4.2 China         
  7.4.3 India         
  7.4.4 Australia         
  7.4.5 New Zealand         
  7.4.6 South Korea         
  7.4.7 Rest of Asia Pacific         
 7.5 South America          
  7.5.1 Argentina         
  7.5.2 Brazil         
  7.5.3 Chile         
  7.5.4 Rest of South America         
 7.6 Middle East & Africa          
  7.6.1 Saudi Arabia         
  7.6.2 UAE         
  7.6.3 Qatar         
  7.6.4 South Africa          
  7.6.5 Rest of Middle East & Africa         
            
8 Key Developments           
 8.1 Agreements, Partnerships, Collaborations and Joint Ventures          
 8.2 Acquisitions & Mergers          
 8.3 New Product Launch          
 8.4 Expansions          
 8.5 Other Key Strategies          
            
9 Company Profiling           
 9.1 AstaReal AB          
 9.2 BlueBioTech          
 9.3 Cargill, Incorporated           
 9.4 Cyanotech Corporation          
 9.5 E.I.D. - Parry (India) Limited          
 9.6 Euglena Co., Ltd.           
 9.7 Cellana Inc.           
 9.8 Necton          
 9.9 Ocean Nutrition          
 9.10 Proalgen Biotech Ltd.          
 9.11 Nordic Naturals          
 9.12 Xiamen Huison Biotech          
 9.13 Deva Nutrition          
 9.14 Source Omega          
 9.15 Algae International Berhad           
 9.16 Earthrise Nutritional          
 9.17 Algae Health Sciences - A BGG company          


List of Tables            
1 Global Microalgae-based Products Market Outlook, By Region (2018-2027) ($MN)           
2 Global Microalgae-based Products Market Outlook, By Product (2018-2027) ($MN)           
3 Global Microalgae-based Products Market Outlook, By Astaxanthin (2018-2027) ($MN)            
4 Global Microalgae-based Products Market Outlook, By Beta Carotene (2018-2027) ($MN)           
5 Global Microalgae-based Products Market Outlook, By Chlorella (2018-2027) ($MN)           
6 Global Microalgae-based Products Market Outlook, By Lutein (2018-2027) ($MN)           
7 Global Microalgae-based Products Market Outlook, By PUFA Fatty Acid (2018-2027) ($MN)           
8 Global Microalgae-based Products Market Outlook, By Spirulina (2018-2027) ($MN)           
9 Global Microalgae-based Products Market Outlook, By Other Products (2018-2027) ($MN)           
10 Global Microalgae-based Products Market Outlook, By Zeaxanthin (2018-2027) ($MN)           
11 Global Microalgae-based Products Market Outlook, By Lycopene (2018-2027) ($MN)            
12 Global Microalgae-based Products Market Outlook, By Phycobiliproteins (2018-2027) ($MN)           
13 Global Microalgae-based Products Market Outlook, By Application (2018-2027) ($MN)           
14 Global Microalgae-based Products Market Outlook, By Animal Feed (2018-2027) ($MN)           
15 Global Microalgae-based Products Market Outlook, By Fish Feed (2018-2027) ($MN)           
16 Global Microalgae-based Products Market Outlook, By Chemicals (2018-2027) ($MN)           
17 Global Microalgae-based Products Market Outlook, By Food & Beverages (2018-2027) ($MN)           
18 Global Microalgae-based Products Market Outlook, By Fuel (2018-2027) ($MN)           
19 Global Microalgae-based Products Market Outlook, By Nutraceuticals & Dietary Supplements (2018-2027) ($MN)           
20 Global Microalgae-based Products Market Outlook, By Personal Care (2018-2027) ($MN)           
21 Global Microalgae-based Products Market Outlook, By Pharmaceuticals (2018-2027) ($MN)           
22 Global Microalgae-based Products Market Outlook, By Fertilizers (2018-2027) ($MN)           
23 Global Microalgae-based Products Market Outlook, By Healthcare (2018-2027) ($MN)           
24 North America Microalgae-based Products Market Outlook, By Country (2018-2027) ($MN)           
25 North America Microalgae-based Products Market Outlook, By Product (2018-2027) ($MN)           
26 North America Microalgae-based Products Market Outlook, By Astaxanthin (2018-2027) ($MN)           
27 North America Microalgae-based Products Market Outlook, By Beta Carotene (2018-2027) ($MN)           
28 North America Microalgae-based Products Market Outlook, By Chlorella (2018-2027) ($MN)           
29 North America Microalgae-based Products Market Outlook, By Lutein (2018-2027) ($MN)           
30 North America Microalgae-based Products Market Outlook, By PUFA Fatty Acid (2018-2027) ($MN)           
31 North America Microalgae-based Products Market Outlook, By Spirulina (2018-2027) ($MN)           
32 North America Microalgae-based Products Market Outlook, By Other Products (2018-2027) ($MN)           
33 North America Microalgae-based Products Market Outlook, By Zeaxanthin (2018-2027) ($MN)           
34 North America Microalgae-based Products Market Outlook, By Lycopene (2018-2027) ($MN)           
35 North America Microalgae-based Products Market Outlook, By Phycobiliproteins (2018-2027) ($MN)           
36 North America Microalgae-based Products Market Outlook, By Application (2018-2027) ($MN)           
37 North America Microalgae-based Products Market Outlook, By Animal Feed (2018-2027) ($MN)           
38 North America Microalgae-based Products Market Outlook, By Fish Feed (2018-2027) ($MN)           
39 North America Microalgae-based Products Market Outlook, By Chemicals (2018-2027) ($MN)           
40 North America Microalgae-based Products Market Outlook, By Food & Beverages (2018-2027) ($MN)           
41 North America Microalgae-based Products Market Outlook, By Fuel (2018-2027) ($MN)           
42 North America Microalgae-based Products Market Outlook, By Nutraceuticals & Dietary Supplements (2018-2027) ($MN)           
43 North America Microalgae-based Products Market Outlook, By Personal Care (2018-2027) ($MN)           
44 North America Microalgae-based Products Market Outlook, By Pharmaceuticals (2018-2027) ($MN)           
45 North America Microalgae-based Products Market Outlook, By Fertilizers (2018-2027) ($MN)           
46 North America Microalgae-based Products Market Outlook, By Healthcare (2018-2027) ($MN)           
47 Europe Microalgae-based Products Market Outlook, By Country (2018-2027) ($MN)           
48 Europe Microalgae-based Products Market Outlook, By Product (2018-2027) ($MN)           
49 Europe Microalgae-based Products Market Outlook, By Astaxanthin (2018-2027) ($MN)           
50 Europe Microalgae-based Products Market Outlook, By Beta Carotene (2018-2027) ($MN)           
51 Europe Microalgae-based Products Market Outlook, By Chlorella (2018-2027) ($MN)           
52 Europe Microalgae-based Products Market Outlook, By Lutein (2018-2027) ($MN)           
53 Europe Microalgae-based Products Market Outlook, By PUFA Fatty Acid (2018-2027) ($MN)           
54 Europe Microalgae-based Products Market Outlook, By Spirulina (2018-2027) ($MN)           
55 Europe Microalgae-based Products Market Outlook, By Other Products (2018-2027) ($MN)           
56 Europe Microalgae-based Products Market Outlook, By Zeaxanthin (2018-2027) ($MN)           
57 Europe Microalgae-based Products Market Outlook, By Lycopene (2018-2027) ($MN)           
58 Europe Microalgae-based Products Market Outlook, By Phycobiliproteins (2018-2027) ($MN)           
59 Europe Microalgae-based Products Market Outlook, By Application (2018-2027) ($MN)            
60 Europe Microalgae-based Products Market Outlook, By Animal Feed (2018-2027) ($MN)           
61 Europe Microalgae-based Products Market Outlook, By Fish Feed (2018-2027) ($MN)           
62 Europe Microalgae-based Products Market Outlook, By Chemicals (2018-2027) ($MN)           
63 Europe Microalgae-based Products Market Outlook, By Food & Beverages (2018-2027) ($MN)           
64 Europe Microalgae-based Products Market Outlook, By Fuel (2018-2027) ($MN)           
65 Europe Microalgae-based Products Market Outlook, By Nutraceuticals & Dietary Supplements (2018-2027) ($MN)           
66 Europe Microalgae-based Products Market Outlook, By Personal Care (2018-2027) ($MN)           
67 Europe Microalgae-based Products Market Outlook, By Pharmaceuticals (2018-2027) ($MN)           
68 Europe Microalgae-based Products Market Outlook, By Fertilizers (2018-2027) ($MN)           
69 Europe Microalgae-based Products Market Outlook, By Healthcare (2018-2027) ($MN)           
70 Asia Pacific Microalgae-based Products Market Outlook, By Country (2018-2027) ($MN)           
71 Asia Pacific Microalgae-based Products Market Outlook, By Product (2018-2027) ($MN)           
72 Asia Pacific Microalgae-based Products Market Outlook, By Astaxanthin (2018-2027) ($MN)           
73 Asia Pacific Microalgae-based Products Market Outlook, By Beta Carotene (2018-2027) ($MN)           
74 Asia Pacific Microalgae-based Products Market Outlook, By Chlorella (2018-2027) ($MN)           
75 Asia Pacific Microalgae-based Products Market Outlook, By Lutein (2018-2027) ($MN)           
76 Asia Pacific Microalgae-based Products Market Outlook, By PUFA Fatty Acid (2018-2027) ($MN)           
77 Asia Pacific Microalgae-based Products Market Outlook, By Spirulina (2018-2027) ($MN)           
78 Asia Pacific Microalgae-based Products Market Outlook, By Other Products (2018-2027) ($MN)           
79 Asia Pacific Microalgae-based Products Market Outlook, By Zeaxanthin (2018-2027) ($MN)           
80 Asia Pacific Microalgae-based Products Market Outlook, By Lycopene (2018-2027) ($MN)           
81 Asia Pacific Microalgae-based Products Market Outlook, By Phycobiliproteins (2018-2027) ($MN)           
82 Asia Pacific Microalgae-based Products Market Outlook, By Application (2018-2027) ($MN)           
83 Asia Pacific Microalgae-based Products Market Outlook, By Animal Feed (2018-2027) ($MN)           
84 Asia Pacific Microalgae-based Products Market Outlook, By Fish Feed (2018-2027) ($MN)           
85 Asia Pacific Microalgae-based Products Market Outlook, By Chemicals (2018-2027) ($MN)           
86 Asia Pacific Microalgae-based Products Market Outlook, By Food & Beverages (2018-2027) ($MN)           
87 Asia Pacific Microalgae-based Products Market Outlook, By Fuel (2018-2027) ($MN)           
88 Asia Pacific Microalgae-based Products Market Outlook, By Nutraceuticals & Dietary Supplements (2018-2027) ($MN)           
89 Asia Pacific Microalgae-based Products Market Outlook, By Personal Care (2018-2027) ($MN)           
90 Asia Pacific Microalgae-based Products Market Outlook, By Pharmaceuticals (2018-2027) ($MN)           
91 Asia Pacific Microalgae-based Products Market Outlook, By Fertilizers (2018-2027) ($MN)           
92 Asia Pacific Microalgae-based Products Market Outlook, By Healthcare (2018-2027) ($MN)           
93 South America Microalgae-based Products Market Outlook, By Country (2018-2027) ($MN)           
94 South America Microalgae-based Products Market Outlook, By Product (2018-2027) ($MN)           
95 South America Microalgae-based Products Market Outlook, By Astaxanthin (2018-2027) ($MN)           
96 South America Microalgae-based Products Market Outlook, By Beta Carotene (2018-2027) ($MN)           
97 South America Microalgae-based Products Market Outlook, By Chlorella (2018-2027) ($MN)           
98 South America Microalgae-based Products Market Outlook, By Lutein (2018-2027) ($MN)           
99 South America Microalgae-based Products Market Outlook, By PUFA Fatty Acid (2018-2027) ($MN)            
100 South America Microalgae-based Products Market Outlook, By Spirulina (2018-2027) ($MN)           
101 South America Microalgae-based Products Market Outlook, By Other Products (2018-2027) ($MN)           
102 South America Microalgae-based Products Market Outlook, By Zeaxanthin (2018-2027) ($MN)           
103 South America Microalgae-based Products Market Outlook, By Lycopene (2018-2027) ($MN)           
104 South America Microalgae-based Products Market Outlook, By Phycobiliproteins (2018-2027) ($MN)           
105 South America Microalgae-based Products Market Outlook, By Application (2018-2027) ($MN)           
106 South America Microalgae-based Products Market Outlook, By Animal Feed (2018-2027) ($MN)           
107 South America Microalgae-based Products Market Outlook, By Fish Feed (2018-2027) ($MN)           
108 South America Microalgae-based Products Market Outlook, By Chemicals (2018-2027) ($MN)           
109 South America Microalgae-based Products Market Outlook, By Food & Beverages (2018-2027) ($MN)           
110 South America Microalgae-based Products Market Outlook, By Fuel (2018-2027) ($MN)           
111 South America Microalgae-based Products Market Outlook, By Nutraceuticals & Dietary Supplements (2018-2027) ($MN)            
112 South America Microalgae-based Products Market Outlook, By Personal Care (2018-2027) ($MN)           
113 South America Microalgae-based Products Market Outlook, By Pharmaceuticals (2018-2027) ($MN)           
114 South America Microalgae-based Products Market Outlook, By Fertilizers (2018-2027) ($MN)           
115 South America Microalgae-based Products Market Outlook, By Healthcare (2018-2027) ($MN)           
116 Middle East & Africa Microalgae-based Products Market Outlook, By Country (2018-2027) ($MN)           
117 Middle East & Africa Microalgae-based Products Market Outlook, By Product (2018-2027) ($MN)           
118 Middle East & Africa Microalgae-based Products Market Outlook, By Astaxanthin (2018-2027) ($MN)           
119 Middle East & Africa Microalgae-based Products Market Outlook, By Beta Carotene (2018-2027) ($MN)           
120 Middle East & Africa Microalgae-based Products Market Outlook, By Chlorella (2018-2027) ($MN)           
121 Middle East & Africa Microalgae-based Products Market Outlook, By Lutein (2018-2027) ($MN)           
122 Middle East & Africa Microalgae-based Products Market Outlook, By PUFA Fatty Acid (2018-2027) ($MN)           
123 Middle East & Africa Microalgae-based Products Market Outlook, By Spirulina (2018-2027) ($MN)           
124 Middle East & Africa Microalgae-based Products Market Outlook, By Other Products (2018-2027) ($MN)           
125 Middle East & Africa Microalgae-based Products Market Outlook, By Zeaxanthin (2018-2027) ($MN)            
126 Middle East & Africa Microalgae-based Products Market Outlook, By Lycopene (2018-2027) ($MN)           
127 Middle East & Africa Microalgae-based Products Market Outlook, By Phycobiliproteins (2018-2027) ($MN)           
128 Middle East & Africa Microalgae-based Products Market Outlook, By Application (2018-2027) ($MN)           
129 Middle East & Africa Microalgae-based Products Market Outlook, By Animal Feed (2018-2027) ($MN)           
130 Middle East & Africa Microalgae-based Products Market Outlook, By Fish Feed (2018-2027) ($MN)           
131 Middle East & Africa Microalgae-based Products Market Outlook, By Chemicals (2018-2027) ($MN)           
132 Middle East & Africa Microalgae-based Products Market Outlook, By Food & Beverages (2018-2027) ($MN)           
133 Middle East & Africa Microalgae-based Products Market Outlook, By Fuel (2018-2027) ($MN)           
134 Middle East & Africa Microalgae-based Products Market Outlook, By Nutraceuticals & Dietary Supplements (2018-2027) ($MN)           
135 Middle East & Africa Microalgae-based Products Market Outlook, By Personal Care (2018-2027) ($MN)           
136 Middle East & Africa Microalgae-based Products Market Outlook, By Pharmaceuticals (2018-2027) ($MN)           
137 Middle East & Africa Microalgae-based Products Market Outlook, By Fertilizers (2018-2027) ($MN)           
138 Middle East & Africa Microalgae-based Products Market Outlook, By Healthcare (2018-2027) ($MN)           

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