Microalgae-Based Products Market Forecast to 2027 - COVID-19 Impact and Global Analysis By Product (Spirulina, Chlorella, Astaxanthin, Beta Carotene, PUFA Fatty Acid, Lutein, Others); Application (Food and Beverages, Personal Care, Nutraceuticals and Dietary Supplements, Pharmaceuticals, Chemicals, Fuel, Animal Feed, Others) and Geography

Report Code: TIPRE00020164 | No. of Pages: 150 | Category: Chemicals and Materials | Status: Upcoming

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MARKET INTRODUCTION

Microalgae are considered as a potential source for various high-value biochemicals, pigments, also biomolecules. These products have a very crucial role in various industries, including pharmaceutical, cosmetic, nutraceutical, and food. They are further a promising source for oil as well as biofuel production. The demand for microalgae-based products has steadily grown at a noteworthy pace over the course of the last decade since microalgae have repeatedly exhibited immense promise to satisfy the growing requirement for sustainable food supply.

MARKET DYNAMICS

The microalgae-based products market has witnessed significant growth owing to factors such as wider application in food & beverages, personal care, nutraceuticals & dietary supplements, pharmaceuticals, chemicals, fuel, animal feed, and others. Consumer trends across the world in the food & beverages sector mainly indicate that protein-based diets have observed considerable adoption due to which market players operating in the current microalgae-based products market are interestingly investing in this market. In addition, microalgae-based products meet with notable environmental benefits compared to existing raw materials owing to which the demand for the same is projected to rise over the forecast period. However, unstable climatic conditions in many countries, such as fewer sunlight hours, high rainfall, and low temperatures, may restrict the growth of the microalgae-based product's market. Nevertheless, with the technological advancement in microalgae processing, market players can open up opportunities for this market.

MARKET SCOPE

The "Global Microalgae-Based Products Market Analysis to 2027" is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the microalgae-based products market with detailed market segmentation by product, application, and geography. The global microalgae-based products market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading microalgae-based products market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

The global microalgae-based products market is segmented on the basis of product, and application. On the basis of product, the microalgae-based products market is segmented into spirulina, chlorella, astaxanthin, beta carotene, PUFA fatty acid, lutein, and others. The microalgae-based products market on the basis of the application is classified into food & beverages, personal care, nutraceuticals & dietary supplements, pharmaceuticals, chemicals, fuel, animal feed, and others.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global microalgae-based products market based on various segments. It also provides market size and forecast estimates from the year 2018 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The microalgae-based products market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the microalgae-based products market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the microalgae-based products market in these regions.



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MARKET PLAYERS


The reports cover various key developments in the global microalgae-based products market. Various companies are focusing growth strategies such as product launches, product approvals and others such as patents and events. Some of the growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from microalgae-based products market are anticipated to lucrative growth opportunities in the future with the rising demand for microalgae-based products in the global market. Below mentioned is the list of few companies engaged in the microalgae-based products market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the microalgae-based products market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.

  •   AstaReal AB
  •   BlueBioTech
  •   Cargill Inc.
  •   Cyanotech Corporation
  •   E.I.D. - Parry (India) Limited
  •   Euglena Co., Ltd.
  •   Incorporated
  •   Necton
  •   Ocean Nutrition
  •   Proalgen Biotech Ltd.

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TABLE OF CONTENTS

1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Microalgae-Based Products Market - By Product
1.3.2 Microalgae-Based Products Market - By Application
1.3.3 Microalgae-Based Products Market - By Region
1.3.3.1 By Country

2. KEY TAKEAWAYS

3. RESEARCH METHODOLOGY

4. MICROALGAE-BASED PRODUCTS MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. EXPERT OPINIONS

5. MICROALGAE-BASED PRODUCTS MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS

6. MICROALGAE-BASED PRODUCTS MARKET - GLOBAL MARKET ANALYSIS
6.1. MICROALGAE-BASED PRODUCTS - GLOBAL MARKET OVERVIEW
6.2. MICROALGAE-BASED PRODUCTS - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE

7. MICROALGAE-BASED PRODUCTS MARKET - REVENUE AND FORECASTS TO 2028 - PRODUCT
7.1. OVERVIEW
7.2. PRODUCT MARKET FORECASTS AND ANALYSIS
7.3. SPIRULINA
7.3.1. Overview
7.3.2. Spirulina Market Forecast and Analysis
7.4. CHLORELLA
7.4.1. Overview
7.4.2. Chlorella Market Forecast and Analysis
7.5. ASTAXANTHIN
7.5.1. Overview
7.5.2. Astaxanthin Market Forecast and Analysis
7.6. BETA CAROTENE
7.6.1. Overview
7.6.2. Beta Carotene Market Forecast and Analysis
7.7. PUFA FATTY ACID
7.7.1. Overview
7.7.2. PUFA Fatty Acid Market Forecast and Analysis
7.8. LUTEIN
7.8.1. Overview
7.8.2. Lutein Market Forecast and Analysis
7.9. OTHERS
7.9.1. Overview
7.9.2. Others Market Forecast and Analysis
8. MICROALGAE-BASED PRODUCTS MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
8.1. OVERVIEW
8.2. APPLICATION MARKET FORECASTS AND ANALYSIS
8.3. FOOD AND BEVERAGES
8.3.1. Overview
8.3.2. Food and Beverages Market Forecast and Analysis
8.4. PERSONAL CARE
8.4.1. Overview
8.4.2. Personal Care Market Forecast and Analysis
8.5. NUTRACEUTICALS AND DIETARY SUPPLEMENTS
8.5.1. Overview
8.5.2. Nutraceuticals and Dietary Supplements Market Forecast and Analysis
8.6. PHARMACEUTICALS
8.6.1. Overview
8.6.2. Pharmaceuticals Market Forecast and Analysis
8.7. CHEMICALS
8.7.1. Overview
8.7.2. Chemicals Market Forecast and Analysis
8.8. FUEL
8.8.1. Overview
8.8.2. Fuel Market Forecast and Analysis
8.9. ANIMAL FEED
8.9.1. Overview
8.9.2. Animal Feed Market Forecast and Analysis
8.10. OTHERS
8.10.1. Overview
8.10.2. Others Market Forecast and Analysis

9. MICROALGAE-BASED PRODUCTS MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Microalgae-Based Products Market Overview
9.1.2 North America Microalgae-Based Products Market Forecasts and Analysis
9.1.3 North America Microalgae-Based Products Market Forecasts and Analysis - By Product
9.1.4 North America Microalgae-Based Products Market Forecasts and Analysis - By Application
9.1.5 North America Microalgae-Based Products Market Forecasts and Analysis - By Countries
9.1.5.1 United States Microalgae-Based Products Market
9.1.5.1.1 United States Microalgae-Based Products Market by Product
9.1.5.1.2 United States Microalgae-Based Products Market by Application
9.1.5.2 Canada Microalgae-Based Products Market
9.1.5.2.1 Canada Microalgae-Based Products Market by Product
9.1.5.2.2 Canada Microalgae-Based Products Market by Application
9.1.5.3 Mexico Microalgae-Based Products Market
9.1.5.3.1 Mexico Microalgae-Based Products Market by Product
9.1.5.3.2 Mexico Microalgae-Based Products Market by Application
9.2. EUROPE
9.2.1 Europe Microalgae-Based Products Market Overview
9.2.2 Europe Microalgae-Based Products Market Forecasts and Analysis
9.2.3 Europe Microalgae-Based Products Market Forecasts and Analysis - By Product
9.2.4 Europe Microalgae-Based Products Market Forecasts and Analysis - By Application
9.2.5 Europe Microalgae-Based Products Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Microalgae-Based Products Market
9.2.5.1.1 Germany Microalgae-Based Products Market by Product
9.2.5.1.2 Germany Microalgae-Based Products Market by Application
9.2.5.2 France Microalgae-Based Products Market
9.2.5.2.1 France Microalgae-Based Products Market by Product
9.2.5.2.2 France Microalgae-Based Products Market by Application
9.2.5.3 Italy Microalgae-Based Products Market
9.2.5.3.1 Italy Microalgae-Based Products Market by Product
9.2.5.3.2 Italy Microalgae-Based Products Market by Application
9.2.5.4 United Kingdom Microalgae-Based Products Market
9.2.5.4.1 United Kingdom Microalgae-Based Products Market by Product
9.2.5.4.2 United Kingdom Microalgae-Based Products Market by Application
9.2.5.5 Russia Microalgae-Based Products Market
9.2.5.5.1 Russia Microalgae-Based Products Market by Product
9.2.5.5.2 Russia Microalgae-Based Products Market by Application
9.2.5.6 Rest of Europe Microalgae-Based Products Market
9.2.5.6.1 Rest of Europe Microalgae-Based Products Market by Product
9.2.5.6.2 Rest of Europe Microalgae-Based Products Market by Application
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Microalgae-Based Products Market Overview
9.3.2 Asia-Pacific Microalgae-Based Products Market Forecasts and Analysis
9.3.3 Asia-Pacific Microalgae-Based Products Market Forecasts and Analysis - By Product
9.3.4 Asia-Pacific Microalgae-Based Products Market Forecasts and Analysis - By Application
9.3.5 Asia-Pacific Microalgae-Based Products Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Microalgae-Based Products Market
9.3.5.1.1 Australia Microalgae-Based Products Market by Product
9.3.5.1.2 Australia Microalgae-Based Products Market by Application
9.3.5.2 China Microalgae-Based Products Market
9.3.5.2.1 China Microalgae-Based Products Market by Product
9.3.5.2.2 China Microalgae-Based Products Market by Application
9.3.5.3 India Microalgae-Based Products Market
9.3.5.3.1 India Microalgae-Based Products Market by Product
9.3.5.3.2 India Microalgae-Based Products Market by Application
9.3.5.4 Japan Microalgae-Based Products Market
9.3.5.4.1 Japan Microalgae-Based Products Market by Product
9.3.5.4.2 Japan Microalgae-Based Products Market by Application
9.3.5.5 South Korea Microalgae-Based Products Market
9.3.5.5.1 South Korea Microalgae-Based Products Market by Product
9.3.5.5.2 South Korea Microalgae-Based Products Market by Application
9.3.5.6 Rest of Asia-Pacific Microalgae-Based Products Market
9.3.5.6.1 Rest of Asia-Pacific Microalgae-Based Products Market by Product
9.3.5.6.2 Rest of Asia-Pacific Microalgae-Based Products Market by Application
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Microalgae-Based Products Market Overview
9.4.2 Middle East and Africa Microalgae-Based Products Market Forecasts and Analysis
9.4.3 Middle East and Africa Microalgae-Based Products Market Forecasts and Analysis - By Product
9.4.4 Middle East and Africa Microalgae-Based Products Market Forecasts and Analysis - By Application
9.4.5 Middle East and Africa Microalgae-Based Products Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Microalgae-Based Products Market
9.4.5.1.1 South Africa Microalgae-Based Products Market by Product
9.4.5.1.2 South Africa Microalgae-Based Products Market by Application
9.4.5.2 Saudi Arabia Microalgae-Based Products Market
9.4.5.2.1 Saudi Arabia Microalgae-Based Products Market by Product
9.4.5.2.2 Saudi Arabia Microalgae-Based Products Market by Application
9.4.5.3 U.A.E Microalgae-Based Products Market
9.4.5.3.1 U.A.E Microalgae-Based Products Market by Product
9.4.5.3.2 U.A.E Microalgae-Based Products Market by Application
9.4.5.4 Rest of Middle East and Africa Microalgae-Based Products Market
9.4.5.4.1 Rest of Middle East and Africa Microalgae-Based Products Market by Product
9.4.5.4.2 Rest of Middle East and Africa Microalgae-Based Products Market by Application
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Microalgae-Based Products Market Overview
9.5.2 South and Central America Microalgae-Based Products Market Forecasts and Analysis
9.5.3 South and Central America Microalgae-Based Products Market Forecasts and Analysis - By Product
9.5.4 South and Central America Microalgae-Based Products Market Forecasts and Analysis - By Application
9.5.5 South and Central America Microalgae-Based Products Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Microalgae-Based Products Market
9.5.5.1.1 Brazil Microalgae-Based Products Market by Product
9.5.5.1.2 Brazil Microalgae-Based Products Market by Application
9.5.5.2 Argentina Microalgae-Based Products Market
9.5.5.2.1 Argentina Microalgae-Based Products Market by Product
9.5.5.2.2 Argentina Microalgae-Based Products Market by Application
9.5.5.3 Rest of South and Central America Microalgae-Based Products Market
9.5.5.3.1 Rest of South and Central America Microalgae-Based Products Market by Product
9.5.5.3.2 Rest of South and Central America Microalgae-Based Products Market by Application

10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS

11. MICROALGAE-BASED PRODUCTS MARKET, KEY COMPANY PROFILES
11.1. ASTAREAL AB
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. BLUEBIOTECH
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. CARGILL INC.
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. CYANOTECH CORPORATION
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. E.I.D. - PARRY (INDIA) LIMITED
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. EUGLENA CO., LTD.
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. INCORPORATED
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. NECTON
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. OCEAN NUTRITION
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. PROALGEN BIOTECH LTD.
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments

12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
The List of Companies

1. AstaReal AB
2. BlueBioTech
3. Cargill Inc.
4. Cyanotech Corporation
5. E.I.D. - Parry (India) Limited
6. Euglena Co., Ltd.
7. Incorporated
8. Necton
9. Ocean Nutrition
10. Proalgen Biotech Ltd.
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