Global Algae Oils Strategic Business Report 2023: Featuring Algae Floating Systems, Algae Production Systems, Algix and Cellana Among Others


Dublin, March 14, 2023 (GLOBE NEWSWIRE) -- The "Algae Oils: Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

The global market for Algae Oils estimated at US$2 Billion in the year 2022, is projected to reach a revised size of US$2.9 Billion by 2030, growing at a CAGR of 4.6% over the analysis period 2022-2030.

Food & Beverage, one of the segments analyzed in the report, is projected to record 5.2% CAGR and reach US$721.9 Million by the end of the analysis period.

Taking into account the ongoing post pandemic recovery, growth in the Animal Feed segment is readjusted to a revised 4% CAGR for the next 8-year period.

The U.S. Market is Estimated at $536.2 Million, While China is Forecast to Grow at 7.3% CAGR

The Algae Oils market in the U.S. is estimated at US$536.2 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$643.7 Million by the year 2030 trailing a CAGR of 7.3% over the analysis period 2022 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.8% and 3.7% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 3.5% CAGR.

Select Competitors (Total 46 Featured) -

  • Algae Floating Systems, Inc.
  • Algae Production Systems
  • Algix LLC
  • Cellana Inc.
  • Diversified Energy Corporation
  • Pond Technologies Inc.
  • TerraVia Holdings, Inc.

What`s New for 2023?

  • Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
  • Global competitiveness and key competitor percentage market shares
  • Market presence across multiple geographies - Strong/Active/Niche/Trivial
  • Online interactive peer-to-peer collaborative bespoke updates
  • Access to digital archives and Research Platform
  • Complimentary updates for one year

Key Attributes:

Report AttributeDetails
No. of Pages323
Forecast Period2020 - 2027
Estimated Market Value (USD) in 2020$1.9 Billion
Forecasted Market Value (USD) by 2027$2.5 Billion
Compound Annual Growth Rate4.0%
Regions CoveredGlobal

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

  • Influencer Market Insights
  • World Market Trajectories
  • Algae Oil - Global Key Competitors Percentage Market Share in 2022 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
  • Impact of Covid-19 and a Looming Global Recession

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

For more information about this report visit https://www.researchandmarkets.com/r/41phvu

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Attachment

 
Global Market for Algae Oils

Contact Data