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Algae Products Market by Application & Source - Global Forecast 2023

<br>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. <br>https://www.marketsandmarkets.com/Market-Reports/algae-product-market-250538721.html<br>

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Algae Products Market by Application & Source - Global Forecast 2023

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  1. MarketsandMarkets Presents Asia-Pacific Region to Provide Immense Opportunities for Algae Products Market Growth

  2. The report "Algae Products Marketby 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 @ https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=250538721

  3. 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. 

  4. 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)

  5. 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)

  6. 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)

  7. 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

  8. Contact Us Mr. Shelly Singh MarketsandMarkets™ INC. 630 Dundee Road Suite 430 Northbrook, IL 60062 USA : 1-888-600-6441 sales@marketsandmarkets.com

  9. 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 servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions. Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve. MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

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