Microalgae is a microscopic algae which is usually found in marine water and fresh water. The microalgae is a rich source of minerals and nutrition such as vitamin A, B1, B2, C, E, protein, iron and magnesium. Due to these properties the microalgae is used commercially in various industries such as dietary supplement, food/feed, pharmaceutal, cosmetic and biofuels. The global microalgae market was valued at $977.3 million in 2020, and is projected to reach $1,485.1 million by 2028, registering a CAGR of 5.4%.
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Report Coverage
The Microalgae Market report offers a comprehensive perspective of the market size, share, volume and revenue. It has also delved into SWOT analysis and Porters’ Five Force Analysis. The report has been prepared through qualitative and quantitative analysis to bolster the strategic approach. The primary interviews validate assumptions, findings and the prevailing business scenarios. The report also includes secondary resources, such as annual reports, press releases, white papers and journals.
Major Players Profiled in the Report:
The players operating in the global microalgae market have adopted various developmental strategies to expand their market share, increase profitability, and remain competitive in the market. The key players profiled in this report include include Algenol Biotech, Cellana Inc., Cyanotech Corporation, DIC Corporation, E.I.D Parry ltd, Fuqing King Dnarmsa Spirulina Co. Ltd., Kent BioEnergy Corporation, Taau Australia Pty Ltd., Holdings, Inc. and Astareal AB.
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Regional Outlook:
Region wise, North America dominated the microalgae market size in 2020, and is expected to sustain its dominance throughout the forecast period. The key factors driving microalgae market growth in the region include rise in awareness of nutritional values of microalgae in cosmetic, dietary supplements and food/feed industries. Also, the rise in disposable income and health and wellness contributes to the market growth.
This report aims to provide:
- A qualitative and quantitative analysis of the current trends, dynamics, and estimations from 2021 to 2027.
- The analysis tools such as SWOT analysis and Porter’s five force analysis are utilized, which explain the potency of the buyers and suppliers to make profit-oriented decisions and strengthen their business.
- The in-depth market segmentation analysis helps identify the prevailing market opportunities.
- In the end, this Microalgae Market report helps to save you time and money by delivering unbiased information under one roof.
Table of Contents
CHAPTER 1:INTRODUCTION
1.1.Report description
1.2.Key benefits for stakeholders
1.3.Key market segments
1.4.Research methodology
1.4.1.Secondary research
1.4.2.Primary research
1.5.Analyst tools and models
CHAPTER 2:EXECUTIVE SUMMARY
2.1.Microalgae market snapshot
2.2.Key findings of the study
2.3.CXO perspective
CHAPTER 3:MARKET OVERVIEW
3.1.Market definition and scope
3.2.Key findings
3.2.1.Top investment pockets
3.3.Porter’s five forces analysis
3.4.Market dynamics
3.4.1.Drivers
3.4.1.1.Multiple benefits of micro-algal protein to amplify market growth
3.4.1.2.Increase in vegan population to strengthen product adoption
3.4.1.3.High protein concentration as compared to counter parts
3.4.2.Restraints
3.4.2.1.Impact on spirulina production due to climate change
3.4.2.2.Presence of large number of alternatives for protein, along with low product awareness
3.4.3.Opportunities
3.4.3.1.Novel innovations in technology to provide lucrative opportunities for market expansion
3.4.3.2.Algae protein fortified food to gain significant traction in upcoming years
3.5.COVID-19 impact analysis
3.5.1.Introduction
3.5.2.Impact on Microalgae market
3.6.Value Chain Analysis
3.7.Top Impacting factors
CHAPTER 4:MICROALGAE MARKET, BY TYPE
4.1.Overview
4.1.1.Market size and forecast
4.2.Spirulina
4.2.1.Key market trends, growth factors, and opportunities
4.2.2.Market size and forecast, by region
4.2.3.Market size and forecast, by country
4.3.Chlorella
4.3.1.Key market trends, growth factors, and opportunities
4.3.2.Market size and forecast, by region
4.3.3.Market size and forecast, by country
4.4.Dunaliella Salina
4.4.1.Key market trends, growth factors, and opportunities
4.4.2.Market size and forecast, by region
4.4.3.Market size and forecast, by country
4.5.Aphanizomenon Flos-Aquae
4.5.1.Key market trends, growth factors, and opportunities
4.5.2.Market size and forecast, by region
4.5.3.Market size and forecast, by country
Toc Continue……
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