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Microalgae are microscopic planktons that are invisible to human eyes also known as microphytes; these algae are found in mineral water and marine systems. Their sizere varied from a hundred to a thousand depending upon the species. Increasing the use of microalgae protein and ingredients in the manufacturing of nutraceuticals, pharmaceutical is the major driving factor helping this market to grow. Technological advancement helps the players in this market to identify containment and development of new strain that can improve efficiency which is an opportunity for the market to grow. High costs included in harvesting and complex food regulations are major restraints hampering the growth of the market. Microalgae food and beverages segment is going to dominate the market in the future because microalgae enhance the taste, texture, flavor, quality of the food. In 2019, Alga Technologies Ltd. launched AstaPureEyeQ, a microencapsulated soluble in water, a 2% astaxanthin concentrate product.
The key regions covered in the global Microalgae market are North America, Latin America, Europe, Asia Pacific, and The ROW. The Asia Pacific accounted for the largest market share and it is estimated to grow in the forecasted period owing to the strategic investment and collaboration between the players, rising application of the microalgae-based product in various end-use industries.
Major market players included in this report are:
Koninkliijke DSM NV
Roquette Frères
Sun chlorella
Cellana LLC
Fuji Chemical Industries Co., Ltd.
Corbion (TerraVia Holdings)
Yunnan Green-A-Bio-engineering Co Ltd
Buggypower
Cyanotech Corporation
Algatec (Lusoamoreiras)
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values for the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of the competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Species Type:
Spirulina
Chlorella
Dunaliella
Haematococcus
Crypthecodinium
Schizochytrium
Euglena
Nannochloropsis
Phaedactylum
Others
By Sources:
Marine Water
Fresh Water
By End-use:
Food and Beverages Sector
Health and Medical Sector
Pet Food Sector
Cosmetics and Personal Care Sector
Fertilizers Sector
By Region:
North America
The U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, the years considered for the study are as follows:
Historical year – 2018, 2019
Base year – 2020
Forecast period – 2021 to 2027
Target Audience of the Global Microalgae Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2027 (USD Billion)
1.2.1. Microalgae Market, by Species Type, 2019-2027 (USD Billion)
1.2.2. Microalgae Market, by Sources, 2019-2027 (USD Billion)
1.2.3. Microalgae Market, by End-use, 2019-2027 (USD Billion)
1.2.4. Global Microalgae Market, by region, 2019-2027 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Microalgae Market Definition and Scope
2.1. The objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Microalgae Market Dynamics
3.1. Global Microalgae Market Impact Analysis (2019-2027)
3.1.1. Market Drivers
3.1.1.1. Increasing the use of microalgae protein and ingredients
3.1.1.2. The surge in demand from nutraceuticals and pharmaceuticals
3.1.2. Market Challenges
3.1.2.1. High costs included in harvesting and complex food regulations
3.1.3. Market Opportunities
3.1.3.1. The rise in technological advancement
Chapter 4. Global Microalgae Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. The threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2018-2027)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
Chapter 5. Global Microalgae Market by Species Type
5.1. Market Snapshot
5.2. Global Microalgae Market by Species Type, Performance - Potential Analysis
5.3. Global Microalgae Market estimates & Forecasts by Species Type 2018-2027 (USD Billion)
5.4. Microalgae Market, Sub Segment Analysis
5.4.1. Spirulina
5.4.2. Chlorella
5.4.3. Dunaliella
5.4.4. Haematococcus
5.4.5. Crypthecodinium
5.4.6. Schizochytrium
5.4.7. Euglena
5.4.8. Nannochloropsis
5.4.9. Phaedactylum
5.4.10. Others
Chapter 6. Global Microalgae Market by Sources
6.1. Market Snapshot
6.2. Global Microalgae Market by Sources, Performance - Potential Analysis
6.3. Global Microalgae Market estimates & Forecasts by Sources2018-2027 (USD Billion)
6.4. Microalgae Market, Sub Segment Analysis
6.4.1. Marine Water
6.4.2. Fresh Water
Chapter 7. Global Microalgae Market by End-use
7.1. Market Snapshot
7.2. Global Microalgae Market by End-use, Perfromance - Potential Analysis
7.3. Global Microalgae Market estimates & Forecasts by End-use 2018-2027 (USD Billion)
7.4. Microalgae Market, Sub Segment Analysis
7.4.1. Food and Beverages Sector
7.4.2. Health and Medical Sector
7.4.3. Pet Food Sector
7.4.4. Cosmetics and Personal Care Sector
7.4.5. Fertilizers Sector
Chapter 8. Global Microalgae Market, Regional Analysis
8.1. Global Microalgae Market, Regional Market Snapshot
8.2. North America Microalgae Market
8.2.1. U.S. Microalgae Market
8.2.1.1. Species Type breakdown estimates & forecasts, 2018-2027
8.2.1.2. Sources breakdown estimates & forecasts, 2018-2027
8.2.1.3. End-use breakdown estimates & forecasts, 2018-2027
8.2.2. Canada Microalgae Market
8.3. Europe Microalgae Market Snapshot
8.3.1. The U.K. Microalgae Market
8.3.2. Germany Microalgae Market
8.3.3. France Microalgae Market
8.3.4. Spain Microalgae Market
8.3.5. Italy Microalgae Market
8.3.6. Rest of Europe Microalgae Market
8.4. Asia-Pacific Microalgae Market Snapshot
8.4.1. China Microalgae Market
8.4.2. India Microalgae Market
8.4.3. Japan Microalgae Market
8.4.4. Australia Microalgae Market
8.4.5. South Korea Microalgae Market
8.4.6. Rest of the Asia Pacific Microalgae Market
8.5. Latin America Microalgae Market Snapshot
8.5.1. Brazil Microalgae Market
8.5.2. Mexico Microalgae Market
8.6. Rest of The World Microalgae Market
Chapter 9. Competitive Intelligence
9.1.1. Top Market Strategies
9.2. Company Profiles
9.2.1. Koninkliijke DSM NV
9.2.1.1. Key Infromation
9.2.1.2. Overview
9.2.1.3. Financial (Subject to Data Availability)
9.2.1.4. Product Summary
9.2.1.5. Recent Developments
9.2.2. Roquette Frères
9.2.3. Sun chlorella
9.2.4. Cellana LLC
9.2.5. Fuji Chemical Industries Co., Ltd.
9.2.6. Corbion (TerraVia Holdings)
9.2.7. Yunnan Green-A-Bio-engineering Co Ltd
9.2.8. Buggypower
9.2.9. Cyanotech Corporation
9.2.10. Algatec (Lusoamoreiras)
Chapter 10. Research Process
10.1. Research Process
10.1.1. Data Mining
10.1.2. Analysis
10.1.3. Market Estimation
10.1.4. Validation
10.1.5. Publishing
10.2. Research Attributes
10.3. Research Assumption
TABLE 1. Global Microalgae Market, report scope
TABLE 2. Global Microalgae Market estimates & forecasts by region 2018-2027 (USD Billion)
TABLE 3. Global Microalgae Market estimates & forecasts by Species Type 2018-2027 (USD Billion)
TABLE 4. Global Microalgae Market estimates & forecasts by Sources2018-2027 (USD Billion)
TABLE 5. Global Microalgae Market estimates & forecasts by End-use 2018-2027 (USD Billion)
TABLE 6. Global Microalgae Market by segment, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 7. Global Microalgae Market by region, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 8. Global Microalgae Market by segment, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 9. Global Microalgae Market by region, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 10. Global Microalgae Market by segment, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 11. Global Microalgae Market by region, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 12. Global Microalgae Market by segment, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 13. Global Microalgae Market by region, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 14. Global Microalgae Market by segment, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 15. Global Microalgae Market by region, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 16. U.S. Microalgae Market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 17. U.S. Microalgae Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 18. U.S. Microalgae Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 19. Canada Microalgae Market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 20. Canada Microalgae Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 21. Canada Microalgae Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 22. UK Microalgae Market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 23. UK Microalgae Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 24. UK Microalgae Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 25. Germany Microalgae Market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 26. Germany Microalgae Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 27. Germany Microalgae Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 28. RoE Microalgae Market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 29. RoE Microalgae Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 30. RoE Microalgae Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 31. China Microalgae Market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 32. China Microalgae Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 33. China Microalgae Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 34. India Microalgae Market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 35. India Microalgae Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 36. India Microalgae Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 37. Japan Microalgae Market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 38. Japan Microalgae Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 39. Japan Microalgae Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 40. RoAPAC Microalgae Market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 41. RoAPAC Microalgae Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 42. RoAPAC Microalgae Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 43. Brazil Microalgae Market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 44. Brazil Microalgae Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 45. Brazil Microalgae Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 46. Mexico Microalgae Market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 47. Mexico Microalgae Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 48. Mexico Microalgae Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 49. RoLA Microalgae Market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 50. RoLA Microalgae Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 51. RoLA Microalgae Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 52. Row Microalgae Market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 53. Row Microalgae Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 54. Row Microalgae Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 55. List of secondary sources, used in the study of Microalgae Market
TABLE 56. List of primary sources, used in the study of Microalgae Market
TABLE 57. Years Considered for the study
TABLE 58. Exchange rates considered
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