Algae: The Green Gold of the Future
The algae products market is estimated at USD 5.3 billion in 2023 and is projected to reach USD 7.3 billion by 2028, at a CAGR of 6.4% from 2023 to 2028. Algae products have diverse applications across various industries, including food and beverages, pharmaceuticals, cosmetics, animal feed, biofuels, and wastewater treatment. The versatility of algae and their ability to be processed into different...
Algae Products Market Share, Forecast | Growth Analysis & Opportunities
Algae products Market Outlook (2023-2028)
The global algae products market is estimated to reach $7.3 billion by 2028, growing at a 6.4% compound annual growth rate (CAGR). The global market size was valued $5.3 billion in 2023. Consumers are increasingly seeking natural and sustainable alternatives in various industries, including food, pharmaceuticals, cosmetics, and biofuels. Algae products...
Algae Products Market Size, Share, Trends and Forecast to 2026
The global algae
products market size is estimated to be valued at USD 4.7 billion in
2021 and projected to reach USD 6.4 billion by 2026, recording a CAGR of 6.3%
during the forecast period. Various factors have played a major role in driving
the algae products market growth across the globe. Algae possess properties
that make them useful to be incorporated in diversified end products such as
ice-creams,...
Algae Products Market – Analysis, Trends and Forecasts
The global algae
products market size is estimated to be valued at USD 4.7 billion in
2021 and projected to reach USD 6.4 billion by 2026, recording a CAGR of 6.3%
during the forecast period. Various factors have played a major role in driving
the algae products market growth across the globe. Algae possess properties
that make them useful to be incorporated in diversified end products such as
ice-creams,...
Algae Products Market – Analysis, Trends and Forecasts
According to MarketsandMarkets, the global algae
products market size is estimated to be valued at USD 4.7 billion in
2021 and projected to reach USD 6.4 billion by 2026, recording a CAGR of 6.3%
during the forecast period.
Algae are a diverse and large group of photosynthetic
organisms that include unicellular as well as multicellular forms. Algae are
polyphyletic, and most of them are aquatic....
Algae Products Market to witness Excellent Growth through 2023
The algae
products market is estimated to be USD 3.98 Billion in 2018 and is
projected to reach a value of USD 5.17 Billion by 2023, at a CAGR of 5.4%. The
market is driven by factors such as rising health concerns (which include
obesity and diabetes) due to consumption of high-calorie products. Also, the
health benefits provided by algae products include anti-aging effects,
supporting digestive systems,...
Growth Opportunities and Latent Adjacency in Algae Products Market
The algae products market is estimated at USD 3.98 billion in 2018 and is projected to reach USD 5.17 billion by 2023. It is projected to grow at a CAGR of 5.4% during the study period. The market is primarily driven by trends such as growth in consumer awareness regarding the health benefits of algae-based products and its application multiple industries such as food & beverage, pharmaceutical,...
What’s Driving the Algae Products Market Growth? DSM, DowDuPont, Cargill, E.I.D Parry, Cyanotech Corporation, BASF, Kerry, Corbion, Ingredion, Roquette Frères, Fenchem Biotek, and Others
The algae
products market is estimated at USD 3.98 billion in 2018 and is projected
to reach a value of USD 5.17 billion by 2023, growing at a CAGR of 5.4%. The key
players profiled have a strong presence in the global algae products market;
they include DowDuPont (US), Cargill (US), Kerry (Ireland), E.I.D Parry
(India), Corbion (Netherlands), and BASF (Germany).
The key market players adopted...