Credence Research, the leading business intelligence provider, has published its latest research, “Algae Products Market 2023″, which gives insights into Algae Products in the Global market. The report determines the market size for 2018, along with forecasts until 2023. It is built using data and information sourced from exclusive databases, primary and secondary research, and in-house analysis carried out by Credence Research’s team of industry experts.
Algae are a diverse group of photosynthetic organisms which are not closely related and hence are known to be polyphyletic. They are plats which range from microalgae to macro algae. Algae are grown using water resources such as sea and waste water which are not suitable for growing agricultural crops. Microalgae grow using sunlight i.e. photosynthesis, by converting sunlight, CO2 and nutrients such as phosphorus and nitrogen into biomass. This growth is also known as autotrophic growth. Some algae can grow in the dark using sugar starch or by combining both the growth modes.
Based on application, global algae products are segmented into neutraceuticals, food & feed supplements, pharmaceuticals, paints & colorants, pollution control, and others. Among these, neutraceuticals dominated the global algae products market and is expected to retain its position in the near future. Growing use of algae biomass is expected to provide high revenue to the algae producers worldwide. Growing demand for algae products from the neutraceuticals and pharmaceutical industries is the major factor driving global algae products market worldwide.
Algaetech International 62
Aurora Algae 64
Cellana Inc. 65
DIC LIFETEC Co. Ltd. 66
Cyanotech Corporation. 67
Taau Australia Pty. Ltd. 69
Fuqing King DnarmsaSpirulina Co., Ltd 70
Alltech Algae 71
Parry Nutraceuticals 72
BlueBioTech International 73
- The report presents the brief overview of Algae Products Market including business description, key information and facts, and its locations and subsidiaries
- The report features product description and descriptive mechanism of action for key products along with the products developmental history and major milestones
- Special feature on out-licensed and partnered product portfolio
- The report summarizes all the dormant and discontinued projects
- Latest company statement
- Latest news and deals relating to the Algae Products products
[Browse full report: “Algae Products Market Size”]
The following research methods were used in this report:
- Desk study
- A questionnaire survey among specialty retail chains
- Analyzing statistical data released by the Federal Customs Service
- Desk study sources include materials taken from print and online media conference materials.
Reasons to Buy
- The report provides information about technology solutions needed for the implementation of Algae Products projects, and allows readers to make effective business decisions
- The report helps readers to strengthen strategic framework by understanding the business benefits to be achieved through Algae Products solutions
- The report highlights projected investment on Algae Products over the next two years. This will help organizations to allocate budget towards Algae Products implementation and business expansion
- The report helps executives plan their adoption of Algae Products by providing expected timeframes for implementation
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