Increasing Awareness About Health Benefits of Algae Products to Drive Market Growth - PowerPoint PPT Presentation

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Increasing Awareness About Health Benefits of Algae Products to Drive Market Growth

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On the basis of application, the food & beverage segment accounted for the largest share, followed by the nutraceutical and dietary supplement segment, in 2017. Algae-containing food & beverage products are gaining popularity due to greater awareness regarding the health benefits of these products. Growing consumer preference for alternative protein sources has also led to the demand for algae-based food ingredients in convenience food and health drinks. Read more @ – PowerPoint PPT presentation

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Title: Increasing Awareness About Health Benefits of Algae Products to Drive Market Growth


1
MarketsandMarkets Presents
  • Increasing Awareness About Health Benefits of
    Algae Products to Drive Market Growth

2
  • The report "Algae Products Market by Type
    (Lipids, Carrageenan, Carotenoids, Alginate, and
    Algal Protein), Application (Food Beverages,
    Nutraceuticals Dietary Supplements, Personal
    Care, Feed, and Pharmaceuticals), Source, Form,
    and Region - Global Forecast to 2023, the 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. 
  • Browse
  • 68 Market Data Tables
  • 40 Figures
  • 138 Pages and in-depth TOC on "Algae Products
    Market
  • You can speak to our analyst _at_
  • https//www.marketsandmarkets.com/speaktoanalystNe
    w.asp?id250538721

3
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  • The global algae products market is estimated at
    USD 3.98 Billion in 2018 and is projected to grow
    at a CAGR of 5.4, to reach USD 5.17 Billion by
    2023. The direct consumption of algae as a food
    product makes it a reliable food alternative with
    high nutritional value, which is a necessity for
    the growing population. This factor can also be
    considered as a driver for this industry.
  • North America accounted for the largest share of
    the algae products market in 2017. This market is
    driven by the rise in health-conscious consumers
    due to the growing incidences of diseases and
    conditions such as diabetes and high-blood
    pressure, and also the high demand for
    plant-derived protein that has been fueling the
    market for algae products.
  • Companies such as Cargill (US), DowDuPont (US),
    and BASF (Germany) have acquired leading market
    positions through the provision of a broad
    product portfolio, along with a focus on diverse
    end-user segments. 

5
  • Scope of the Report
  • On the basis of Application, the algae products
    market has been segmented as follows
  • Food beverages
  • Nutraceuticals dietary supplements
  • Feed
  • Personal care products
  • Pharmaceuticals
  • Others (pet food, fortified food, and infant
    food)

6
  • On the basis of Type, the algae products market
    has been segmented as follows
  • Lipids
  • Carrageenan
  • Carotenoids
  • Algal protein
  • Alginate
  • Others (algal flour, dried algae, and agar)
  • On the basis of Source, the algae products market
    has been segmented as follows
  • Brown algae
  • Blue-green algae
  • Green algae
  • Red algae
  • Others (yellow-brown algae and golden algae)

7
  • On the basis of Form, the algae products market
    has been segmented as follows
  • Solid
  • Liquid
  • On the basis of Region, the algae products market
    has been segmented as follows
  • North America
  • Europe
  • Asia Pacific
  • RoW (South America, Middle East Africa)

8
  • Target Audience
  • Regulatory and research organizations
  • Raw material producers (algae cultivators),
    suppliers, and distributors
  • Food beverage, nutraceutical products retailers
  • Algae products  manufacturers, traders,
    distributors, and dealers

9
Contact Us
  • Mr. Shelly Singh
  • MarketsandMarkets INC.
  • 630 Dundee Road
  • Suite 430
  • Northbrook, IL 60062
  • USA 1-888-600-6441
  • sales_at_marketsandmarkets.com

10
About MarketsandMarkets
  • MarketsandMarkets provides quantified B2B
    research on 30,000 high growth niche
    opportunities/threats which will impact 70 to
    80 of worldwide companies revenues. Currently
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    for their painpoints around revenues decisions.
  • Our 850 fulltime analyst and SMEs at
    MarketsandMarkets are tracking global high
    growth markets following the "Growth Engagement
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