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Algae Market

Algae Market (Type: Microalgae and Macroalgae: and Production Method: Harvesting and Cultivation {Open Raceway Pond and Photobioreactors}) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2022-2031

Algae Market Outlook 2031

  • The global algae market was valued at US$ 20.16 Bn in 2021
  • It is estimated to grow at a CAGR of 10.9% from 2022 to 2031
  • The global algae market is expected to reach US$ 55.67 Bn by the end of 2031

Analysts’ Viewpoint on Algae Market Scenario

Increase in adoption of algae-based food and growth in trend of vegan food are driving the global algae market. Algae are already being extensively used in food, cosmetics, biofuel, bio-packaging, bioplastic, and pharma and nutraceutical applications. Cultivation of algae increases and restores biodiversity by providing habitat for marine creatures. It can also help mitigate climate change by capturing carbon and reducing methane emissions. According to the UNU-CRIS, the algae industry has been witnessing rapid expansion since the last few years. It must balance economic profitability with environment, human, and organism health to ensure its long-term survival.

algae market

Overview of Global Algae Market

Algae are defined as a group of predominantly aquatic, photosynthetic, and nucleus-bearing organisms that lack true roots, stems, leaves, and specialized multicellular reproductive structures of plants. Algae reproduce rapidly and need only sunlight (or another form of energy such as sugar). There are tens of thousands of species of algae worldwide. Autotrophic microalgae are cultivated on land in large ponds, or in enclosed so-called photobioreactors, using enriched CO2. Heterotrophic microalgae are grown in large fermenters using sugar or starch. Seaweed (macroalgae) is cultivated in seawater. Algae are used in various industries. They are used in human food, animal and aquaculture feed, organic farming, and fertilizer products.

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Nutritional Benefits of Algae in Livestock Feed to Drive Global Algae Market

The global algae market is estimated to reach US$ 22.01 Bn by end of 2022. Rise in application of algae in animal feed owing to their nutritional benefits is driving the algae market. Algae are rich in proteins, fatty acids, antioxidants, fiber, and vitamins. Algae also contain minerals such as phosphorous, zinc, iron, and magnesium, which are needed for the bodily functions of most animals including dogs, cows, buffalos, horses, and cats. Algae are also used as nutritional supplements in aquaculture, as they are a rich source of omega-3 fatty acids. They are also used in poultry and pig farming. Studies indicate that 30% to 35% of soy protein can be replaced with a mixture of microalgae. Significant investment is being made in research and development of using algae in human and animal feed. This is expected to drive the algae market.

Stringent Government Regulations to Hamper Global Algae Market

The Novel Food Regulation EU 2018/2283 is applicable for algae production. Novel food is defined as food that has not been consumed to a significant degree by humans in the EU before May 15, 1997 (entry into force of the first Novel Food Regulation). Specific limits for contaminants are applied to the material used in animal and aquaculture feeds. There is a legal basis to set pathogen limits (EU Regulation 183/2005) on Feed Hygiene. The EU Organic Farming Regulation 2018/848 specifies that non-GMO microorganisms are accepted in plant production and indicate environmental provisions for the production of algae. According to EU Fertilising Products Regulation 2019/1009 (FPR), algae and algae-derived materials would therefore be allowed to be used in fertilizing products either in CE-marked products (under the EU Regulation) or in products authorized under national legislation (for national markets).

The algae market is in its nascent phase. Therefore, the payback period is also high. Need for capital investment and operational costs to overcome these issues are considerably high. These are some of the key factors restraining the demand for algae and algae-based products.

Increase in Interest in Macroalgae Cultivation from Higher-income Countries to Boost Market

Based on type, the global algae market has been bifurcated into microalgae and macroalgae. The macroalgae segment held major share of 62.8% of the algae market in 2021. It is estimated to maintain its dominant position in the market and expand at a growth rate of more than 10.3% during the forecast period. Macroalgae cultivation is garnering increased interest from higher-income countries as a nature-based solution to economic development, as macroalgae and microalgae help mitigate carbon dioxide emission.

Macroalgae or seaweed are classified into brown seaweed (alginates, laminaria, etc.), red seaweed (red algae), and green seaweed. Macroalgae play a vital role in the aquatic ecosystem by forming the energy base of food for all aquatic organisms. They are used in food and non-food industries such as animal feed, food additives, biostimulant, biopackaging, pharma and nutraceutical, cosmetics, biodegradable plastic, and biofuel. Rise in adoption of algae biofuel can be ascribed to its fast production and high energy content. However, microalgae is cultivated in lesser quantity than macroalgae. Microalgae includes various unicellular algae species such as green microalgae (e.g. Chlorella spp.), cyanobacteria (also known as blue-green algae), and diatoms. In May 2022, the Czech Republic-based Mewery claimed to be the first Europe-based startup to develop cultivated pork on a proprietary microalgae base.

Application of Algae in Biodegradation of Phenol offers Significant Opportunities for Market Players

Water pollution is a grave environmental issue that affects the sustainable growth of the human society. Phenolic compounds are present in domestic, industrial, and municipal wastewater. These compounds are toxic, hazardous, and carcinogenic to humans and animals even at low concentrations. Various wastewater treatment techniques have been developed to remove phenolic compounds from water. Biotechnology has been striving to tackle environmental issues through a broad spectrum of microorganisms and biocatalysts to establish innovative and cost-effective techniques for biodegradation. Phycoremediation is a technique used to treat chemically contaminated water using algae. Algae have been effectively used for wastewater treatment owing to their intrinsic property of removing nutrient, metal, and organic compounds. Similarly, algae can be used for the long-term protection of the environment from toxic compounds. Hence, the usage of algae in biodegradation of phenol is expected to provide lucrative opportunities to the global algae market in the next few years.

Regional Outlook of Global Algae Market

In terms of volume, Asia Pacific accounted for 59.1% share of the global algae market in 2021. The market in the region is estimated to grow at a CAGR of 11.4% during the forecast period. India, China, and the Rest of Asia Pacific are key markets in the region. According to the Food and Agriculture Organization of United Nations, Asia accounted for almost 99.10% of the total algae cultivated across the world in 2019.

North America held the second largest share of 19.2% of the global market in 2021. The market in the region is likely to grow at a CAGR of 8.6% from 2022 to 2031.

Analysis of Key Players in Global Algae Market

The global algae market is fragmented, with a large number of large-scale vendors controlling a majority of the share. Most of the firms are spending significantly on comprehensive research and development activities, primarily to develop environment-friendly fuels to reduce carbon emissions. Expansion of product portfolios and mergers and acquisitions are major strategies adopted by key players. Cyaotech Corporation, Algenol, FEMICO, Algae Health Science, Pond Technologies Holdings Inc., Seagrass Tech Pvt Ltd, Parry Nutraceutical, Firglas, Manta Biofuel, and Earthrise Nutritionals are the prominent entities operating in the market.

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Key Developments in Global Algae Market

  • Algal biotechnology has made important progress in the last 20 years. Algae are already being used as bioreactors for yielding bio-products such as pharmaceuticals, nutraceuticals, cosmetics, pigments, algal-founded biomaterials, and feed aquaculture. Additionally, efforts are being made to make algae active for the production of bioenergy and biofuels.
  • In May 2022, Netherlands-based Duplaco developed a new variety of golden chlorella, making it possible to add nutrients to plant-based food
  • In May 2022, Thai Union Group, a global tuna giant, announced US$ 7.9 Mn investment in Mara Renewable Corporation for algae-based bio-products

Each of these players has been profiled in the algae market report based on parameters such as company overview, financial overview, business strategies, product portfolio, business segments, and recent developments.

Global Algae Market Snapshot

Attribute

Detail

Market Size Value in 2021

US$ 20.16 Bn

Market Forecast Value in 2031

US$ 55.67 Bn

Growth Rate

(CAGR)

10.9%

Forecast Period

2022–2031

Historical Data Available for

2020

Quantitative Units

US$ Bn for Value & Kilo Tons for Volume

Market Analysis

It includes cross segment analysis at global as well as regional level. Furthermore, qualitative analysis includes drivers, restraints, opportunities, key trends, Porter’s Five Forces analysis, value chain analysis, and key trend analysis.

Competition Landscape

  • Market share analysis by company (2021)
  • Company profiles section includes overview, product portfolio, sales footprint, key subsidiaries or distributors, strategy & recent developments, and key financials

Format

Electronic (PDF) + Excel

Market Segmentation

  • Type
    • Microalgae
    • Macroalgae
  • Production Method
    • Harvesting
    • Cultivation
      • Open Raceway Pond
      • Photobioreactors
  • Application
    • Animal Feed
    • Food
      • Direct Consumption
      • Additive
    • Biostimulant
    • Biopackaging
    • Pharma & Nutraceutical
    • Cosmetic
    • Biofuel

Regions Covered

  • North America
  • Latin America
  • Europe
  • Asia Pacific
  • Middle East & Africa

Countries Covered

  • U.S.
  • Canada
  • Germany
  • U.K.
  • France
  • Spain
  • Italy
  • Russia & CIS
  • Japan
  • China
  • India
  • ASEAN
  • Brazil
  • Mexico
  • GCC
  • South Africa

Companies Profiled

  • Cynotech Corporation
  • Algenol
  • FEMICO
  • Algae Health Science
  • Pond Technologies Holdings Inc.
  • Seagrass Tech Pvt Ltd
  • Parry Nutraceutical
  • Firglas
  • Manta Biofuel
  • Earthrise Nutritionals

Customization Scope

Available upon request

Pricing

Available upon request

Algae Market

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Frequently Asked Questions

How big was the algae market in 2021?

The algae market stood at US$ 20.16 Bn in 2021.

How is the market expected to grow by 2031?

The market is expected to grow at a CAGR of 10.9% from 2022 to 2031.

What are the key drivers of the algae market?

Rise in demand for livestock feed and increase in demand for biofuel are key factors that are driving the algae market.

Which was the largest segment of the algae market in 2021?

Macroalgae type was the largest segment that held 62.8% share in 2021.

Which region was the most lucrative in the algae market in 2021?

Asia Pacific was the most lucrative region of the algae market in 2021

Who are the prominent players in the Algae Market?

Cynotech Corporation, ALGENOL, FEMICO, and Seagrass Tech Pvt. Ltd

1. Executive Summary

    1.1. Algae Market Snapshot

    1.2. Key Market Trends

    1.3. Current Market and Future Potential

    1.4. TMR’s Growth Opportunity Wheel

2. Market Overview

    2.1. Market Segmentation

    2.2. Market Indicators

    2.3. Market Definitions

    2.4. Market Dynamics

        2.4.1. Drivers

        2.4.2. Restraints

        2.4.3. Opportunities

    2.5. Porter’s Five Forces Analysis

    2.6. Value Chain Analysis

        2.6.1. List of Potential Customers

3. COVID-19 Impact Analysis

4. Price Trend Analysis

5. Algae market, Production Outlook

6. Algae market, Price Trend Analysis, 2020‒2031

    6.1. By Type

    6.2. By Production Method

    6.3. By Application

    6.4. By Region

7. Global Algae Market Analysis and Forecast, by Type, 2020‒2031

    7.1. Introduction and Definitions

    7.2. Global Algae Market Volume (Kilo Tons) and Value (US$ Bn) Forecast, by Type, 2020‒2031

        7.2.1. Microalgae

        7.2.2. Macroalgae

    7.3. Global Algae Market Attractiveness, by Type

8. Global Algae Market Analysis and Forecast, by Production Method, 2020‒2031

    8.1. Introduction and Definitions

    8.2. Global Algae Market Volume (Kilo Tons) and Value (US$ Bn) Forecast, by Production Method, 2020‒2031

        8.2.1. Harvesting

        8.2.2. Cultivation

            8.2.2.1. Open Raceway Pond

            8.2.2.2. Photobioreactors

    8.3. Global Algae Market Attractiveness, by Production Method

9. Global Algae Market Analysis and Forecast, by Application 2020‒2031

    9.1. Introduction and Definitions

    9.2. Global Algae Market Volume (Kilo Tons) and Value (US$ Bn) Forecast, by Application, 2020‒2031

            9.2.1.1. Animal feed

            9.2.1.2. Food

                9.2.1.2.1. Direct Consumption

                9.2.1.2.2. Food Additive

            9.2.1.3. Biostimulant

            9.2.1.4. Biopackaging

            9.2.1.5. Pharma & Nutraceutical

            9.2.1.6. Cosmetic

            9.2.1.7. Biofuel

    9.3. Global Algae Market Attractiveness, by Application

10. Global Algae Market Analysis and Forecast, by Region, 2020‒2031

    10.1. Key Findings

    10.2. Global Algae Market Volume (Kilo Tons) and Value (US$ Bn) Forecast, by Region, 2020‒2031

        10.2.1. North America

        10.2.2. Europe

        10.2.3. Asia Pacific

        10.2.4. Latin America

        10.2.5. Middle East & Africa

    10.3. Global Algae Market Attractiveness, by Region

11. North America Algae Market Analysis and Forecast, 2020‒2031

    11.1. Key Findings

    11.2. North America Algae Market Volume (Kilo Tons) and Value (US$ Bn) Forecast, by Type, 2020‒2031

    11.3. North America Algae Market Volume (Kilo Tons) and Value (US$ Bn) Forecast, by Production Method, 2020‒2031

    11.4. North America Algae Market Volume (Kilo Tons) and Value (US$ Bn) Forecast, by Application, 2020‒2031

    11.5. North America Algae Market Volume (Kilo Tons) and Value (US$ Bn) Forecast, by Country, 2020‒2031

        11.5.1. U.S. Algae Market Volume (Kilo Tons) and Value (US$ Bn) Forecast, by Type, 2020‒2031

        11.5.2. U.S. Algae Market Volume (Kilo Tons) and Value (US$ Bn) Forecast, by Production Method, 2020‒2031

        11.5.3. U.S. America Algae Market Volume (Kilo Tons) and Value (US$ Bn) Forecast, by Application, 2020‒2031

        11.5.4. Canada Algae Market Volume (Kilo Tons) and Value (US$ Bn) Forecast, by Type, 2020‒2031

        11.5.5. Canada Algae Market Volume (Kilo Tons) and Value (US$ Bn) Forecast, by Production Method, 2020‒2031

        11.5.6. Canada Algae Market Volume (Kilo Tons) and Value (US$ Bn) Forecast, by Application, 2020‒2031

12. Europe Algae Market Analysis and Forecast, 2020‒2031

    12.1. Key Findings

    12.2. Europe Algae Market Volume (Kilo Tons) and Value (US$ Bn) Forecast, by Type, 2020‒2031

    12.3. Europe Algae Market Volume (Kilo Tons) and Value (US$ Bn) Forecast, by Production Method, 2020‒2031

    12.4. Europe Algae Market Volume (Kilo Tons) and Value (US$ Bn) Forecast, by Application, 2020‒2031

    12.5. Europe Algae Market Volume (Kilo Tons) and Value (US$ Bn) Forecast, by Country & Sub-region, 2020‒2031

        12.5.1. Germany Algae Market Volume (Kilo Tons) and Value (US$ Bn) Forecast, by Type, 2020‒2031

        12.5.2. Germany Algae Market Volume (Kilo Tons) and Value (US$ Bn) Forecast, by Production Method, 2020‒2031

        12.5.3. Germany Algae Market Volume (Kilo Tons) and Value (US$ Bn) Forecast, by Application, 2020‒2031

        12.5.4. France Algae Market Volume (Kilo Tons) and Value (US$ Bn) Forecast, by Type, 2020‒2031

        12.5.5. France Algae Market Volume (Kilo Tons) and Value (US$ Bn) Forecast, by Production Method, 2020‒2031

        12.5.6. France Algae Market Volume (Kilo Tons) and Value (US$ Bn) Forecast, by Application, 2020‒2031

        12.5.7. U.K. Algae Market Volume (Kilo Tons) and Value (US$ Bn) Forecast, by Type, 2020‒2031

        12.5.8. U.K. Algae Market Volume (Kilo Tons) and Value (US$ Bn) Forecast, by Production Method, 2020‒2031

        12.5.9. U.K Algae Market Volume (Kilo Tons) and Value (US$ Bn) Forecast, by Application, 2020‒2031

        12.5.10. Italy Algae Market Volume (Kilo Tons) and Value (US$ Bn) Forecast, by Type, 2020‒2031

        12.5.11. Italy Algae Market Volume (Kilo Tons) and Value (US$ Bn) Forecast, by Production Method, 2020‒2031

        12.5.12. Italy Algae Market Volume (Kilo Tons) and Value (US$ Bn) Forecast, by Application, 2020‒2031

        12.5.13. Spain Algae Market Volume (Kilo Tons) and Value (US$ Bn) Forecast, by Type, 2020‒2031

        12.5.14. Spain Algae Market Volume (Kilo Tons) and Value (US$ Bn) Forecast, by Production Method, 2020‒2031

        12.5.15. Spain Algae Market Volume (Kilo Tons) and Value (US$ Bn) Forecast, by Application, 2020‒2031

        12.5.16. Russia & CIS Algae Market Volume (Kilo Tons) and Value (US$ Bn) Forecast, by Type, 2020‒2031

        12.5.17. Russia & CIS Algae Market Volume (Kilo Tons) and Value (US$ Bn) Forecast, by Production Method, 2020‒2031

        12.5.18. Russia & CIS Algae Market Volume (Kilo Tons) and Value (US$ Bn) Forecast, by Application, 2020‒2031

        12.5.19. Rest of Europe Algae Market Volume (Kilo Tons) and Value (US$ Bn) Forecast, by Type, 2020‒2031

        12.5.20. Rest of Europe Algae Market Volume (Kilo Tons) and Value (US$ Bn) Forecast, by Production Method, 2020‒2031

        12.5.21. Rest of Europe Algae Market Volume (Kilo Tons) and Value (US$ Bn) Forecast, by Application, 2020‒2031

13. Asia Pacific Algae Market Analysis and Forecast, 2020‒2031

    13.1. Key Findings

    13.2. Asia Pacific Algae Market Volume (Kilo Tons) and Value (US$ Bn) Forecast, by Type, 2020‒2031

    13.3. Asia Pacific Algae Market Volume (Kilo Tons) and Value (US$ Bn) Forecast, by Production Method, 2020‒2031

    13.4. Asia Pacific Algae Market Volume (Kilo Tons) and Value (US$ Bn) Forecast, by Application, 2020‒2031

    13.5. Asia Pacific Algae Market Volume (Kilo Tons) and Value (US$ Bn) Forecast, by Country & Sub-region, 2020‒2031

        13.5.1. China Algae Market Volume (Kilo Tons) and Value (US$ Bn) Forecast, by Type, 2020‒2031

        13.5.2. China Algae Market Volume (Kilo Tons) and Value (US$ Bn) Forecast, by Production Method, 2020‒2031

        13.5.3. China Algae Market Volume (Kilo Tons) and Value (US$ Bn) Forecast, by Application, 2020‒2031

        13.5.4. Japan Algae Market Volume (Kilo Tons) and Value (US$ Bn) Forecast, by Type, 2020‒2031

        13.5.5. Japan Algae Market Volume (Kilo Tons) and Value (US$ Bn) Forecast, by Production Method, 2020‒2031

        13.5.6. Japan Algae Market Volume (Kilo Tons) and Value (US$ Bn) Forecast, by Application, 2020‒2031

        13.5.7. India Algae Market Volume (Kilo Tons) and Value (US$ Bn) Forecast, by Type, 2020‒2031

        13.5.8. India Algae Market Volume (Kilo Tons) and Value (US$ Bn) Forecast, by Production Method, 2020‒2031

        13.5.9. India Algae Market Volume (Kilo Tons) and Value (US$ Bn) Forecast, by Application, 2020‒2031

        13.5.10. ASEAN Algae Market Volume (Kilo Tons) and Value (US$ Bn) Forecast, by Type, 2020‒2031

        13.5.11. ASEAN Algae Market Volume (Kilo Tons) and Value (US$ Bn) Forecast, by Production Method, 2020‒2031

        13.5.12. ASEAN Algae Market Volume (Kilo Tons) and Value (US$ Bn) Forecast, by Application, 2020‒2031

        13.5.13. Rest of Asia Pacific Algae Market Volume (Kilo Tons) and Value (US$ Bn) Forecast, by Type, 2020‒2031

        13.5.14. Rest of Asia Pacific Algae Market Volume (Kilo Tons) and Value (US$ Bn) Forecast, by Production Method, 2020‒2031

        13.5.15. Rest of Asia Pacific Algae Market Volume (Kilo Tons) and Value (US$ Bn) Forecast, by Application, 2020‒2031

14. Latin America Algae Market Analysis and Forecast, 2020‒2031

    14.1. Key Findings

    14.2. Latin America Algae Market Volume (Kilo Tons) and Value (US$ Bn) Forecast, by Type, 2020‒2031

    14.3. Latin America Algae Market Volume (Kilo Tons) and Value (US$ Bn) Forecast, by Production Method, 2020‒2031

    14.4. Latin America Algae Market Volume (Kilo Tons) and Value (US$ Bn) Forecast, by Application, 2020‒2031

    14.5. Latin America Algae Market Volume (Kilo Tons) and Value (US$ Bn) Forecast, by Country & Sub-region, 2020‒2031

        14.5.1. Brazil Algae Market Volume (Kilo Tons) and Value (US$ Bn) Forecast, by Type, 2020‒2031

        14.5.2. Brazil Algae Market Volume (Kilo Tons) and Value (US$ Bn) Forecast, by Production Method, 2020‒2031

        14.5.3. Brazil Algae Market Volume (Kilo Tons) and Value (US$ Bn) Forecast, by Application, 2020‒2031

        14.5.4. Mexico Algae Market Volume (Kilo Tons) and Value (US$ Bn) Forecast, by Type, 2020‒2031

        14.5.5. Mexico Algae Market Volume (Kilo Tons) and Value (US$ Bn) Forecast, by Production Method, 2020‒2031

        14.5.6. Mexico Algae Market Volume (Kilo Tons) and Value (US$ Bn) Forecast, by Application, 2020‒2031

        14.5.7. Rest of Latin America Algae Market Volume (Kilo Tons) and Value (US$ Bn) Forecast, by Type, 2020‒2031

        14.5.8. Rest of Latin America Algae Market Volume (Kilo Tons) and Value (US$ Bn) Forecast, by Production Method, 2020‒2031

        14.5.9. Rest of Latin America Algae Market Volume (Kilo Tons) and Value (US$ Bn) Forecast, by Application, 2020‒2031

15. Middle East & Africa Algae Market Analysis and Forecast, 2020‒2031

    15.1. Key Findings

    15.2. Middle East & Africa Algae Market Volume (Kilo Tons) and Value (US$ Bn) Forecast, by Type, 2020‒2031

    15.3. Middle East & Africa Algae Market Volume (Kilo Tons) and Value (US$ Bn) Forecast, by Production Method, 2020‒2031

    15.4. Middle East & Africa Algae Market Volume (Kilo Tons) and Value (US$ Bn) Forecast, by Application, 2020‒2031

    15.5. Middle East & Africa Algae Market Volume (Kilo Tons) and Value (US$ Bn) Forecast, by Country & Sub-region, 2020‒2031

        15.5.1. GCC Algae Market Volume (Kilo Tons) and Value (US$ Bn) Forecast, by Type, 2020‒2031

        15.5.2. GCC Algae Market Volume (Kilo Tons) and Value (US$ Bn) Forecast, by Production Method, 2020‒2031

        15.5.3. GCC Algae Market Volume (Kilo Tons) and Value (US$ Bn) Forecast, by Application, 2020‒2031

        15.5.4. South Africa Algae Market Volume (Kilo Tons) and Value (US$ Bn) Forecast, by Type, 2020‒2031

        15.5.5. South Africa Algae Market Volume (Kilo Tons) and Value (US$ Bn) Forecast, by Production Method, 2020‒2031

        15.5.6. South Africa Algae Market Volume (Kilo Tons) and Value (US$ Bn) Forecast, by Application, 2020‒2031

        15.5.7. Rest of Middle East & Africa Algae Market Volume (Kilo Tons) and Value (US$ Bn) Forecast, by Type, 2020‒2031

        15.5.8. Rest of Middle East & Africa Algae Market Volume (Kilo Tons) and Value (US$ Bn) Forecast, by Production Method, 2020‒2031

        15.5.9. Rest of Middle East & Africa Algae Market Volume (Kilo Tons) and Value (US$ Bn) Forecast, by Application, 2020‒2031

16. Competition Landscape

    16.1. Global Algae market, Company Market Share Analysis, 2021

    16.2. Competition Matrix

    16.3. Market Footprint Analysis

        16.3.1. By Type

        16.3.2. By Production Method 

        16.3.3. By Application

    16.4. Company Profiles (Details – Overview, Financials, Recent Developments, and Strategy)

        16.4.1. Cynotech Corporation

            16.4.1.1. Company Description

            16.4.1.2. Business Overview

            16.4.1.3. Financial Details

            16.4.1.4. Strategic Overview

        16.4.2. Algenol

            16.4.2.1. Company Description

            16.4.2.2. Business Overview

            16.4.2.3. Financial Details

        16.4.3. FEMICO

            16.4.3.1. Company Description

            16.4.3.2. Business Overview

        16.4.4. Algae Health Science

            16.4.4.1. Company Description

            16.4.4.2. Business Overview

            16.4.4.3. Financial Details

        16.4.5. Pond Technologies Holdings Inc.

            16.4.5.1. Company Description

            16.4.5.2. Business Overview 

            16.4.5.3. Financial Details

            16.4.5.4. Strategic Overview

        16.4.6. Seagrass Tech Pvt Ltd.

            16.4.6.1. Company Description

            16.4.6.2. Business Overview

        16.4.7. Parry Nutraceutical

            16.4.7.1. Company Description

            16.4.7.2. Business Overview

        16.4.8. Firglas

            16.4.8.1. Company Description

            16.4.8.2. Business Overview

            16.4.8.3. Financial details

        16.4.9. Manta Biofuel

            16.4.9.1. Company Description

            16.4.9.2. Business Overview

            16.4.9.3. Financial details

        16.4.10. Earthrise Nutritionals

            16.4.10.1. Company Description

            16.4.10.2. Business Overview

            16.4.10.3. Financial details

17. Primary Research: Key Insights

18. Appendix

List of Tables

Table 1: Global Algae Market Volume (Kilo Tons) Forecast, by Type, 2020‒2031

Table 2: Global Algae Market Value (US$ Bn) Forecast, by Type, 2020‒2031

Table 3: Global Algae Market Volume (Kilo Tons) Forecast, by Production Method, 2020‒2031

Table 4: Global Algae Market Value (US$ Bn) Forecast, by Production Method, 2020‒2031

Table 5: Global Algae Market Volume (Kilo Tons) Forecast, by Application, 2020‒2031

Table 6: Global Algae Market Value (US$ Bn) Forecast, by Application, 2020‒2031

Table 7: Global Algae Market Volume (Kilo Tons) Forecast, by Region, 2020‒2031

Table 8: Global Algae Market Value (US$ Bn) Forecast, by Region, 2020‒2031

Table 9: North America Algae Market Volume (Kilo Tons) Forecast, by Type, 2020‒2031

Table 10: North America Algae Market Value (US$ Bn) Forecast, by Type, 2020‒2031

Table 11: North America Algae Market Volume (Kilo Tons) Forecast, by Production Method, 2020‒2031

Table 12: North America Algae Market Value (US$ Bn) Forecast, by Production Method, 2020‒2031

Table 13: North America Algae Market Volume (Kilo Tons) Forecast, by Application, 2020‒2031

Table 14: North America Algae Market Value (US$ Bn) Forecast, by Application, 2020‒2031

Table 15: North America Algae Market Volume (Kilo Tons) Forecast, by Country, 2020‒2031

Table 16: North America Algae Market Value (US$ Bn) Forecast, by Country, 2020‒2031

Table 17: U.S. Algae Market Volume (Kilo Tons) Forecast, by Type, 2020‒2031

Table 18: U.S. Algae Market Value (US$ Bn) Forecast, by Type, 2020‒2031

Table 19: U.S. Algae Market Volume (Kilo Tons) Forecast, by Production Method, 2020‒2031

Table 20: U.S. Algae Market Value (US$ Bn) Forecast, by Production Method, 2020‒2031

Table 21: U.S. Algae Market Volume (Kilo Tons) Forecast, by Application, 2020‒2031

Table 22: U.S. Algae Market Value (US$ Bn) Forecast, by Application, 2020‒2031

Table 23: Canada Algae Market Volume (Kilo Tons) Forecast, by Type, 2020‒2031

Table 24: Canada Algae Market Value (US$ Bn) Forecast, by Type, 2020‒2031

Table 25: Canada Algae Market Volume (Kilo Tons) Forecast, by Production Method, 2020‒2031

Table 26: Canada Algae Market Value (US$ Bn) Forecast, by Production Method, 2020‒2031

Table 27: Canada Algae Market Volume (Kilo Tons) Forecast, by Application, 2020‒2031

Table 28: Canada Algae Market Value (US$ Bn) Forecast, by Application, 2020‒2031

Table 29: Europe Algae Market Volume (Kilo Tons) Forecast, by Type, 2020‒2031

Table 30: Europe Algae Market Value (US$ Bn) Forecast, by Type, 2020‒2031

Table 31: Europe Algae Market Volume (Kilo Tons) Forecast, by Production Method, 2020‒2031

Table 32: Europe Algae Market Value (US$ Bn) Forecast, by Production Method, 2020‒2031

Table 33: Europe Algae Market Volume (Kilo Tons) Forecast, by Application, 2020‒2031

Table 34: Europe Algae Market Value (US$ Bn) Forecast, by Application, 2020‒2031

Table 35: Europe Algae Market Volume (Kilo Tons) Forecast, by Country & Sub-region, 2020‒2031

Table 36: Europe Algae Market Value (US$ Bn) Forecast, by Country & Sub-region, 2020‒2031

Table 37: Germany Algae Market Volume (Kilo Tons) Forecast, by Type, 2020‒2031

Table 38: Germany Algae Market Value (US$ Bn) Forecast, by Type, 2020‒2031

Table 39: Germany Algae Market Volume (Kilo Tons) Forecast, by Production Method, 2020‒2031

Table 40: Germany Algae Market Value (US$ Bn) Forecast, by Production Method, 2020‒2031

Table 41: Germany Algae Market Volume (Kilo Tons) Forecast, by Application, 2020‒2031

Table 42: Germany Algae Market Value (US$ Bn) Forecast, by Application, 2020‒2031

Table 43: France Algae Market Volume (Kilo Tons) Forecast, by Type, 2020‒2031

Table 44: France Algae Market Value (US$ Bn) Forecast, by Type, 2020‒2031

Table 45: France Algae Market Volume (Kilo Tons) Forecast, by Production Method, 2020‒2031

Table 46: France Algae Market Value (US$ Bn) Forecast, by Production Method, 2020‒2031

Table 47: France Algae Market Volume (Kilo Tons) Forecast, by Application, 2020‒2031

Table 48: France Algae Market Value (US$ Bn) Forecast, by Application, 2020‒2031

Table 49: U.K. Algae Market Volume (Kilo Tons) Forecast, by Type, 2020‒2031

Table 50: U.K. Algae Market Value (US$ Bn) Forecast, by Type, 2020‒2031

Table 51: U.K. Algae Market Volume (Kilo Tons) Forecast, by Production Method, 2020‒2031

Table 52: U.K. Algae Market Value (US$ Bn) Forecast, by Production Method, 2020‒2031

Table 53: U.K Algae Market Volume (Kilo Tons) Forecast, by Application, 2020‒2031

Table 54: U.K. Algae Market Value (US$ Bn) Forecast, by Application, 2020‒2031

Table 55: Italy Algae Market Volume (Kilo Tons) Forecast, by Type, 2020‒2031

Table 56: Italy Algae Market Value (US$ Bn) Forecast, by Type, 2020‒2031

Table 57: Italy Algae Market Volume (Kilo Tons) Forecast, by Production Method, 2020‒2031

Table 58: Italy Algae Market Value (US$ Bn) Forecast, by Production Method, 2020‒2031

Table 59: Italy Algae Market Volume (Kilo Tons) Forecast, by Application, 2020‒2031

Table 60: Italy Algae Market Value (US$ Bn) Forecast, by Application, 2020‒2031

Table 61: Spain Algae Market Volume (Kilo Tons) Forecast, by Type, 2020‒2031

Table 62: Spain Algae Market Value (US$ Bn) Forecast, by Type, 2020‒2031

Table 63: Spain Algae Market Volume (Kilo Tons) Forecast, by Production Method, 2020‒2031

Table 64: Spain Algae Market Value (US$ Bn) Forecast, by Production Method, 2020‒2031

Table 65: Spain Algae Market Volume (Kilo Tons) Forecast, by Application, 2020‒2031

Table 66: Spain Algae Market Value (US$ Bn) Forecast, by Application, 2020‒2031

Table 67: Russia & CIS Algae Market Volume (Kilo Tons) Forecast, by Type, 2020‒2031

Table 68: Russia & CIS Algae Market Value (US$ Bn) Forecast, by Type, 2020‒2031

Table 69: Russia & CIS Algae Market Volume (Kilo Tons) Forecast, by Production Method, 2020‒2031

Table 70: Russia & CIS Algae Market Value (US$ Bn) Forecast, by Production Method, 2020‒2031

Table 71: Russia & CIS Algae Market Volume (Kilo Tons) Forecast, by Application, 2020‒2031

Table 72: Russia & CIS Algae Market Value (US$ Bn) Forecast, by Application, 2020‒2031

Table 73: Rest of Europe Algae Market Volume (Kilo Tons) Forecast, by Type, 2020‒2031

Table 74: Rest of Europe Algae Market Value (US$ Bn) Forecast, by Type, 2020‒2031

Table 75: Rest of Europe Algae Market Volume (Kilo Tons) Forecast, by Production Method, 2020‒2031

Table 76: Rest of Europe Algae Market Value (US$ Bn) Forecast, by Production Method, 2020‒2031

Table 77: Rest of Europe Algae Market Volume (Kilo Tons) Forecast, by Application, 2020‒2031

Table 78: Rest of Europe Algae Market Value (US$ Bn) Forecast, by Application, 2020‒2031

Table 79: Asia Pacific Algae Market Volume (Kilo Tons) Forecast, by Type, 2020‒2031

Table 80: Asia Pacific Algae Market Value (US$ Bn) Forecast, by Type, 2020‒2031

Table 81: Asia Pacific Algae Market Volume (Kilo Tons) Forecast, by Production Method, 2020‒2031

Table 82: Asia Pacific Algae Market Value (US$ Bn) Forecast, by Production Method, 2020‒2031

Table 83: Asia Pacific Algae Market Volume (Kilo Tons) Forecast, by Application, 2020‒2031

Table 84: Asia Pacific Algae Market Value (US$ Bn) Forecast, by Application, 2020‒2031

Table 85: Asia Pacific Algae Market Volume (Kilo Tons) Forecast, by Country & Sub-region, 2020‒2031

Table 86: Asia Pacific Algae Market Value (US$ Bn) Forecast, by Country & Sub-region, 2020‒2031

Table 87: China Algae Market Volume (Kilo Tons) Forecast, by Type, 2020‒2031

Table 88: China Algae Market Value (US$ Bn) Forecast, by Type, 2020‒2031

Table 89: China Algae Market Volume (Kilo Tons) Forecast, by Production Method, 2020‒2031

Table 90: China Algae Market Value (US$ Bn) Forecast, by Production Method, 2020‒2031

Table 91: China Algae Market Volume (Kilo Tons) Forecast, by Application, 2020‒2031

Table 92: China Algae Market Value (US$ Bn) Forecast, by Application, 2020‒2031

Table 93: Japan Algae Market Volume (Kilo Tons) Forecast, by Type, 2020‒2031

Table 94: Japan Algae Market Value (US$ Bn) Forecast, by Type, 2020‒2031

Table 95: Japan Algae Market Volume (Kilo Tons) Forecast, by Production Method, 2020‒2031

Table 96: Japan Algae Market Value (US$ Bn) Forecast, by Production Method, 2020‒2031

Table 97: Japan Algae Market Volume (Kilo Tons) Forecast, by Application, 2020‒2031

Table 98: Japan Algae Market Value (US$ Bn) Forecast, by Application, 2020‒2031

Table 99: India Algae Market Volume (Kilo Tons) Forecast, by Type, 2020‒2031

Table 100: India Algae Market Value (US$ Bn) Forecast, by Type, 2020‒2031

Table 101: India Algae Market Volume (Kilo Tons) Forecast, by Production Method, 2020‒2031

Table 102: India Algae Market Value (US$ Bn) Forecast, by Production Method, 2020‒2031

Table 103: India Algae Market Volume (Kilo Tons) Forecast, by Application, 2020‒2031

Table 104: India Algae Market Value (US$ Bn) Forecast, by Application, 2020‒2031

Table 105: Rest of Asia Pacific Algae Market Volume (Kilo Tons) Forecast, by Type, 2020‒2031

Table 106: Rest of Asia Pacific Algae Market Value (US$ Bn) Forecast, by Type, 2020‒2031

Table 107: Rest of Asia Pacific Algae Market Volume (Kilo Tons) Forecast, by Production Method, 2020‒2031

Table 108: Rest of Asia Pacific Algae Market Value (US$ Bn) Forecast, by Production Method, 2020-2031

Table 109: Rest of Asia Pacific Algae Market Volume (Kilo Tons) Forecast, by Application, 2020‒2031

Table 110: Rest of Asia Pacific Algae Market Value (US$ Bn) Forecast, by Application, 2020-2031

Table 111: Latin America Algae Market Volume (Kilo Tons) Forecast, by Type, 2020‒2031

Table 112: Latin America Algae Market Value (US$ Bn) Forecast, by Type, 2020‒2031

Table 113: Latin America Algae Market Volume (Kilo Tons) Forecast, by Production Method, 2020‒2031

Table 114: Latin America Algae Market Value (US$ Bn) Forecast, by Production Method, 2020‒2031

Table 115: Latin America Algae Market Volume (Kilo Tons) Forecast, by Application, 2020‒2031

Table 116: Latin America Algae Market Value (US$ Bn) Forecast, by Application, 2020-2031

Table 117: Latin America Algae Market Volume (Kilo Tons) Forecast, by Country & Sub-region, 2020‒2031

Table 118: Latin America Algae Market Value (US$ Bn) Forecast, by Country & Sub-region, 2020‒2031

Table 119: Brazil Algae Market Volume (Kilo Tons) Forecast, by Type, 2020‒2031

Table 120: Brazil Algae Market Value (US$ Bn) Forecast, by Type, 2020‒2031

Table 121: Brazil Algae Market Volume (Kilo Tons) Forecast, by Production Method, 2020‒2031

Table 122: Brazil Algae Market Value (US$ Bn) Forecast, by Production Method, 2020‒2031

Table 123: Brazil Algae Market Volume (Kilo Tons) Forecast, by Application, 2020‒2031

Table 124: Brazil Algae Market Value (US$ Bn) Forecast, by Application, 2020‒2031

Table 125: Mexico Algae Market Volume (Kilo Tons) Forecast, by Type, 2020‒2031

Table 126: Mexico Algae Market Value (US$ Bn) Forecast, by Type, 2020‒2031

Table 127: Mexico Algae Market Volume (Kilo Tons) Forecast, by Production Method, 2020‒2031

Table 128: Mexico Algae Market Value (US$ Bn) Forecast, by Production Method, 2020‒2031

Table 129: Mexico Algae Market Volume (Kilo Tons) Forecast, by Application, 2020‒2031

Table 130: Mexico Algae Market Value (US$ Bn) Forecast, by Application, 2020‒2031

Table 131: Rest of Latin America Algae Market Volume (Kilo Tons) Forecast, by Type, 2020‒2031

Table 132: Rest of Latin America Algae Market Value (US$ Bn) Forecast, by Type, 2020‒2031

Table 133: Rest of Latin America Algae Market Volume (Kilo Tons) Forecast, by Production Method, 2020-2031

Table 134: Rest of Latin America Algae Market Value (US$ Bn) Forecast, by Production Method, 2020-2031

Table 135: Rest of Latin America Algae Market Volume (Kilo Tons) Forecast, by Application, 2020‒2031

Table 136: Rest of Latin America Algae Market Value (US$ Bn) Forecast, by Application, 2020‒2031

Table 137: Middle East & Africa Algae Market Volume (Kilo Tons) and Value (US$ Bn) Forecast, by Type, 2020‒2031

Table 138: Middle East & Africa Algae Market Volume (Kilo Tons) Forecast, by Production Method, 2020‒2031

Table 139: Middle East & Africa Algae Market Value (US$ Bn) Forecast, by Production Method, 2020‒2031

Table 140: Middle East & Africa Algae Market Volume (Kilo Tons) Forecast, by Application, 2020‒2031

Table 141: Middle East & Africa Algae Market Value (US$ Bn) Forecast, by Application, 2020‒2031

Table 142: Middle East & Africa Algae Market Volume (Kilo Tons) Forecast, by Country & Sub-region, 2020‒2031

Table 143: Middle East & Africa Algae Market Value (US$ Bn) Forecast, by Country & Sub-region, 2020‒2031

Table 144: GCC Algae Market Volume (Kilo Tons) Forecast, by Type, 2020‒2031

Table 145: GCC Algae Market Value (US$ Bn) Forecast, by Type, 2020‒2031

Table 146: GCC Algae Market Volume (Kilo Tons) Forecast, by Production Method, 2020‒2031

Table 147: GCC Algae Market Value (US$ Bn) Forecast, by Production Method, 2020‒2031

Table 148: GCC Algae Market Volume (Kilo Tons) Forecast, by Application, 2020‒2031

Table 149: GCC Algae Market Value (US$ Bn) Forecast, by Application, 2020‒2031

Table 150: South Africa Algae Market Volume (Kilo Tons) Forecast, by Type, 2020‒2031

Table 151: South Africa Algae Market Value (US$ Bn) Forecast, by Type, 2020‒2031

Table 152: South Africa Algae Market Volume (Kilo Tons) Forecast, by Production Method, 2020‒2031

Table 153: South Africa Algae Market Value (US$ Bn) Forecast, by Production Method, 2020‒2031

Table 154: South Africa Algae Market Volume (Kilo Tons) Forecast, by Application, 2020‒2031

Table 155: South Africa Algae Market Value (US$ Bn) Forecast, by Application, 2020‒2031

Table 156: Rest of Middle East & Africa Algae Market Volume (Kilo Tons) Forecast, by Type, 2020‒2031

Table 157: Rest of Middle East & Africa Algae Market Value (US$ Bn) Forecast, by Type, 2020‒2031

Table 158: Rest of Middle East & Africa Algae Market Volume (Kilo Tons) Forecast, by Production Method, 2020-2031

Table 159: Rest of Middle East & Africa Algae Market Value (US$ Bn) Forecast, by Production Method, 2020-2031

Table 160: Rest of Middle East & Africa Algae Market Volume (Kilo Tons) Forecast, by End-use, 2020‒2031

Table 161: Rest of Middle East & Africa Algae Market Value (US$ Bn) Forecast, by Application, 2020‒2031

List of Figures

Figure 1: Global Algae Market Share Analysis, by Type

Figure 2: Global Algae Market Attractiveness Analysis, by Type

Figure 3: Global Algae Market Share Analysis, by Production Method

Figure 4: Global Algae Market Attractiveness Analysis, by Production Method

Figure 5: Global Algae Market Share Analysis, by Application

Figure 6: Global Algae Market Attractiveness Analysis, by Application

Figure 7: Global Algae Market Share Analysis, by Region

Figure 8: Global Algae Market Attractiveness Analysis, by Region

Figure 9: North America Algae Market Share Analysis, by Type

Figure 10: North America Algae Market Attractiveness Analysis, by Type

Figure 11: North America Algae Market Share Analysis, by Production Method

Figure 12: North America Algae Market Attractiveness Analysis, by Production Method

Figure 13: North America Algae Market Share Analysis, by Application

Figure 14: North America Algae Market Attractiveness Analysis, by Application

Figure 15: North America Algae Market Share Analysis, by Country

Figure 16: North America Algae Market Attractiveness Analysis, by Country

Figure 17: Europe Algae Market Share Analysis, by Type

Figure 18: Europe Algae Market Attractiveness Analysis, by Type

Figure 19: Europe Algae Market Share Analysis, by Production Method

Figure 20: Europe Algae Market Attractiveness Analysis, by Production Method

Figure 21: Europe Algae Market Share Analysis, by Application

Figure 22: Europe Algae Market Attractiveness Analysis, by Application

Figure 23: Europe Algae Market Share Analysis, by Country & Sub-region

Figure 24: Europe Algae Market Attractiveness Analysis, by Country & Sub-region

Figure 25: Asia Pacific Algae Market Share Analysis, by Type

Figure 26: Asia Pacific Algae Market Attractiveness Analysis, by Type

Figure 27: Asia Pacific Algae Market Share Analysis, by Production Method

Figure 28: Asia Pacific Algae Market Attractiveness Analysis, by Production Method

Figure 29: Asia Pacific Algae Market Share Analysis, by Application

Figure 30: Asia Pacific Algae Market Attractiveness Analysis, by Application

Figure 31: Asia Pacific Algae Market Share Analysis, by Country & Sub-region

Figure 32: Asia Pacific Algae Market Attractiveness Analysis, by Country & Sub-region

Figure 33: Latin America Algae Market Share Analysis, by Type

Figure 34: Latin America Algae Market Attractiveness Analysis, by Type

Figure 35: Latin America Algae Market Share Analysis, by Production Method

Figure 36: Latin America Algae Market Attractiveness Analysis, by Production Method

Figure 37: Latin America Algae Market Share Analysis, by Application

Figure 38: Latin America Algae Market Attractiveness Analysis, by Application

Figure 39: Latin America Algae Market Share Analysis, by Country & Sub-region

Figure 40: Latin America Algae Market Attractiveness Analysis, by Country & Sub-region

Figure 41: Middle East & Africa Algae Market Share Analysis, by Type

Figure 42: Middle East & Africa Algae Market Attractiveness Analysis, by Type

Figure 43: Middle East & Africa Algae Market Share Analysis, by Production Method

Figure 44: Middle East & Africa Algae Market Attractiveness Analysis, by Production Method

Figure 45: Middle East & Africa Algae Market Share Analysis, by Production Method

Figure 46: Middle East & Africa Algae Market Attractiveness Analysis, by Production Method

Figure 47: Middle East & Africa Algae Market Share Analysis, by Country & Sub-region

Figure 48: Middle East & Africa Algae Market Attractiveness Analysis, by Country & Sub-region

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