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Microalgae Market By Type (Spirulina, Chlorella, Dunaliella Salina, Red Aphanocapsa, and Others), By Distribution Channel (Online Sales, Hyper Market or Super Market, Retail Stores), and By End-Users (Food, Feed, Pharmaceuticals, Bio fuels, and Others): Global Industry Outlook, Market Size, Business Intelligence, Consumer Preferences, Statistical Surveys, Comprehensive Analysis, Historical Developments, Current Trends, and Forecasts, 2020–2026

  • Publish On: Jun-2020
  • Total Pages: 169
  • Report Code: FAF-1207
  • Base Year: 2019
  • Format:

Industry Insights

This specialized and expertise oriented industry research report scrutinizes the technical and commercial business outlook of the microalgae industry. The report analyzes and declares the historical and current trends analysis of the microalgae industry and subsequently recommends the projected trends anticipated to be observed in the microalgae market during the upcoming years.

The microalgae market report analyzes and notifies the industry statistics at the global as well as regional and country levels in order to acquire a thorough perspective of the entire microalgae market. The historical and past insights are provided for FY 2016 to FY 2019 whereas projected trends are delivered for FY 2020 to FY 2026. The quantitative and numerical data is represented in terms of value (USD Million) from FY 2016 – 2026.

The quantitative data is further underlined and reinforced by comprehensive qualitative data which comprises various across-the-board market dynamics. The rationales which directly or indirectly impact the microalgae industry are exemplified through parameters such as growth drivers, restraints, challenges, and opportunities among other impacting factors.

Throughout our research report, we have encompassed all the proven models and tools of industry analysis and extensively illustrated all the key business strategies and business models adopted in the microalgae industry. The report provides an all-inclusive and detailed competitive landscape prevalent in the microalgae market.

The report utilizes established industry analysis tools and models such as Porter’s Five Forces framework to analyze and recognize critical business strategies adopted by various stakeholders involved in the entire value chain of the microalgae industry. The microalgae market report additionally employs SWOT analysis and PESTLE analysis models for further in-depth analysis.

The report study further includes an in-depth analysis of industry players' market shares and provides an overview of leading players' market position in the microalgae sector. Key strategic developments in the microalgae market competitive landscape such as acquisitions & mergers, inaugurations of different products and services, partnerships & joint ventures, MoU agreements, VC & funding activities, R&D activities, and geographic expansion among other noteworthy activities by key players of the microalgae market are appropriately highlighted in the report.

The microalgae market research report delivers an acute valuation and taxonomy of the microalgae industry by practically splitting the market on the basis of different types, category and regions. Through the analysis of the historical and projected trends, all the segments and sub-segments were evaluated through the bottom-up approach, and different market sizes have been projected for FY 2020 to FY 2026. The regional segmentation of the microalgae industry includes the complete classification of all the major continents including North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. Further, country-wise data for the microalgae industry is provided for the leading economies of the world.

A microscopic alga is a microalgae that is generally found in fresh water and in marine system which can live on both sediment and water column. Microalgae are unicellular species that can occur individually or in groups. Like other plants, microalgae do not have roots, stems or leaves. Microalgae conduct photosynthesis and are commonly used to grow photoautotrophic in greenhouse gas carbon dioxide. They are used in food as a major source of nutrition, carbohydrates, vitamins and minerals. It is also used as live feed in agriculture.

The growing use of microalgae in the food as a rich source of enzymes, fiber and as nutritional supplement is driving the market growth. Moreover, the scientific innovations in microalgae cultivation process may spur the market growth. However, challenges in the harvesting and recovery of the microalgae such as climate condition, changing regulations of food authority, and low customer demand may curb growth of the market. On the other hand, high investment in research and development activities to minimize the harvesting and recovery cost of microalgae by major manufacturers is creating lucrative opportunities in the market.

The microalgae market is segmented based on type, distribution channel, end-users and region. On the basis of type segmentation, the market is classified into spirulina, chlorella, dunaliella salina, red aphanocapsa, and others. By distribution channel, the market is classified into online sales, hyper market or super market, and retail stores. And by end-users segmentation, the market is bifurcated into food, feed, pharmaceuticals, bio fuels, and others.

Some of the essential players operating in the microalgae market, but not restricted to include Algae. Tec Limited, DIC Corporation, Cyanotech Corporation, TerraVia Holdings Inc., Cellana LLC, E.I.D, Parry (India) Limited, Fuqing King Dnarmsa Spirulina Co. Ltd, Taau Australia Pty Ltd, and others.

The taxonomy of the microalgae industry by its scope and segmentation is as follows:

Global Microalgae Market: By Type Segmentation Analysis

  • Spirulina
  • Chlorella
  • Dunaliella Salina
  • Red Aphanocapsa
  • Others

Global Microalgae Market: By Distribution Channel Segmentation Analysis

  • Spirulina
  • Chlorella
  • Dunaliella Salina
  • Red Aphanocapsa
  • Others

Global Microalgae Market: By End-Users Segmentation Analysis

  • Online Sales,
  • Hyper Market Or Super Market,
  • Retail Stores

Global microalgae Market: Regional Segmentation Analysis

  • North America
    • The U.S.
    • Canada
  • Europe
    • Germany
    • The UK
    • France
    • Spain
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

KEY REPORT POINTERS & HIGHLIGHTS:

  • Statistically Validated Analysis of Historical, Current, and Projected Industry Trends with Authenticated Market Sizes Information and Data in terms of Value and Volume, wherever applicable
  • Direct and Indirect Factors that Impacted the Industry as well Projected Rationales expected to affect the industry going forward
  • Micro, Meso, Macro, and In-Depth Analysis of Technically relevant and Commercially viable Segments and Sub-segments of the Market
  • Historical and Projected Company / Vendor / OEM / Supplier Market Shares, Competitive Landscape, and Player Positioning Data
  • Historical and Current Demand (Consumption) and Supply (Production) Scenarios as well as Projected Supply-Demand Scenario Analysis
  • Detailed List of Key Buyers and End-Users (Consumers) analyzed as per Regions and Applications
  • Value Chain and Supply Chain Analysis along with Horizontal and Vertical Integration Scenarios
  • Manufacturing and Production Cost Structure Analysis including Labor Cost, Raw Material Expenses, and Other Manufacturing Expenses, wherever relevant
  • Overview of Key Marketing Strategies and Key Sales Channels Adopted in the Market
  • Market Attractiveness Analysis and Key Investment Opportunity Analysis in the Market going forward
  • Technological Roadmap, Patents Analysis, Potential Substitutes, and Technical Analysis
  • The professionally substantiated market research report study is calculated, constructed, and assembled by implementing a Robust Research Methodology. The Triangular Process comprises a buoyant mix of Exhaustive Primary Research (focused interviews, questionnaires, and ad-hoc surveys) and Extended Secondary Research (paid external databases, proprietary in-house database, and publically-available validated sources), where it is finally triangulated and validated through in-house industry experts, industry leaders, and independent consultants through a tri-level quality check practice.

 

Table of Content

  1. CHAPTER 1. Executive Summary
  2. CHAPTER 2. Microalgae market – Type Analysis
    1. 2.1. Global Microalgae Market–Type Overview
    2. 2.2. Global MicroalgaeMarketShare, by Type , 2019 & 2026 (USD Million)
    3. 2.3. Spirulina
      1. 2.3.1. Global SpirulinaMicroalgaeMarket,2016-2026 (USD Million)
    4. 2.4. Chlorella
      1. 2.4.1. Global ChlorellaMicroalgaeMarket,2016-2026 (USD Million)
    5. 2.5. Dunaliella Salina
      1. 2.5.1. Global Dunaliella SalinaMicroalgaeMarket,2016-2026 (USD Million)
    6. 2.6. Red Aphanocapsa
      1. 2.6.1. Global Red AphanocapsaMicroalgaeMarket,2016-2026 (USD Million)
    7. 2.7. Others
      1. 2.7.1. Global OthersMicroalgaeMarket,2016-2026 (USD Million)
  3. CHAPTER 3. Microalgae market – Distribution Channel Analysis
    1. 3.1. Global Microalgae Market–Distribution ChannelOverview
    2. 3.2. Global MicroalgaeMarketShare, by Distribution Channel, 2019 & 2026 (USD Million)
    3. 3.3. Online Sales
      1. 3.3.1. Global Online SalesMicroalgaeMarket,2016-2026 (USD Million)
    4. 3.4. Hyper Market or Super Market
      1. 3.4.1. Global Hyper Market or Super MarketMicroalgaeMarket,2016-2026 (USD Million)
    5. 3.5. Retail Stores
      1. 3.5.1. Global Retail StoresMicroalgaeMarket,2016-2026 (USD Million)
  4. CHAPTER 4. Microalgae market – End-Users Analysis
    1. 4.1. Global Microalgae Market–End-UsersOverview
    2. 4.2. Global MicroalgaeMarketShare, by End-Users, 2019 & 2026 (USD Million)
    3. 4.3. Food
      1. 4.3.1. Global FoodMicroalgaeMarket,2016-2026 (USD Million)
    4. 4.4. Feed
      1. 4.4.1. Global FeedMicroalgaeMarket,2016-2026 (USD Million)
    5. 4.5. Pharmaceuticals
      1. 4.5.1. Global PharmaceuticalsMicroalgaeMarket,2016-2026 (USD Million)
    6. 4.6. Bio fuels
      1. 4.6.1. Global Bio fuelsMicroalgaeMarket,2016-2026 (USD Million)
    7. 4.7. Others
      1. 4.7.1. Global OthersMicroalgaeMarket,2016-2026 (USD Million)
  5. CHAPTER 5. Microalgae market – Regional Analysis
    1. 5.1. Global Microalgae MarketRegionalOverview
    2. 5.2. Global MicroalgaeMarketShare, by Region, 2019 & 2026 (Value)
    3. 5.3. North America
      1. 5.3.1. North AmericaMicroalgae Market size and forecast, 2016-2026
      2. 5.3.2. North AmericaMicroalgae Market, by Country, 2019 & 2026 (USD Million)
      3. 5.3.3. North AmericaMicroalgae Market, by Type , 2016-2026
        1. 5.3.3.1. North AmericaMicroalgae Market, by Type , 2016-2026 (USD Million)
      4. 5.3.4. North AmericaMicroalgae Market, by Distribution Channel, 2016-2026
        1. 5.3.4.1. North AmericaMicroalgae Market, by Distribution Channel, 2016-2026 (USD Million)
      5. 5.3.5. North AmericaMicroalgae Market, by End-Users, 2016-2026
        1. 5.3.5.1. North AmericaMicroalgae Market, by End-Users, 2016-2026 (USD Million)
      6. 5.3.6. U.S.
        1. 5.3.6.1. U.S. Market size and forecast, 2016-2026 (USD Million)
      7. 5.3.7. Canada
        1. 5.3.7.1. Canada Market size and forecast, 2016-2026 (USD Million)
    4. 5.4. Europe
      1. 5.4.1. EuropeMicroalgae Market size and forecast, 2016-2026
      2. 5.4.2. EuropeMicroalgae Market, by Country, 2019 & 2026 (USD Million)
      3. 5.4.3. EuropeMicroalgae Market, by Type , 2016-2026
        1. 5.4.3.1. EuropeMicroalgae Market, by Type , 2016-2026 (USD Million)
      4. 5.4.4. EuropeMicroalgae Market, by Distribution Channel, 2016-2026
        1. 5.4.4.1. EuropeMicroalgae Market, by Distribution Channel, 2016-2026 (USD Million)
      5. 5.4.5. EuropeMicroalgae Market, by End-Users, 2016-2026
        1. 5.4.5.1. EuropeMicroalgae Market, by End-Users, 2016-2026 (USD Million)
      6. 5.4.6. Germany
        1. 5.4.6.1. Germany Market size and forecast, 2016-2026 (USD Million)
      7. 5.4.7. France
        1. 5.4.7.1. France Market size and forecast, 2016-2026 (USD Million)
      8. 5.4.8. U.K.
        1. 5.4.8.1. U.K. Market size and forecast, 2016-2026 (USD Million)
      9. 5.4.9. Italy
        1. 5.4.9.1. Italy Market size and forecast, 2016-2026 (USD Million)
      10. 5.4.10. Spain
        1. 5.4.10.1. Spain Market size and forecast, 2016-2026 (USD Million)
      11. 5.4.11. Rest of Europe
        1. 5.4.11.1. Rest of Europe Market size and forecast, 2016-2026 (USD Million)
    5. 5.5. Asia Pacific
      1. 5.5.1. Asia PacificMicroalgae Market size and forecast, 2016-2026
      2. 5.5.2. Asia PacificMicroalgae Market, by Country, 2019 & 2026 (USD Million)
      3. 5.5.3. Asia PacificMicroalgae Market, by Type , 2016-2026
        1. 5.5.3.1. Asia PacificMicroalgae Market, by Type , 2016-2026 (USD Million)
      4. 5.5.4. Asia PacificMicroalgae Market, by Distribution Channel, 2016-2026
        1. 5.5.4.1. Asia PacificMicroalgae Market, by Distribution Channel, 2016-2026 (USD Million)
      5. 5.5.5. Asia PacificMicroalgae Market, by End-Users, 2016-2026
        1. 5.5.5.1. Asia PacificMicroalgae Market, by End-Users, 2016-2026 (USD Million)
      6. 5.5.6. China
        1. 5.5.6.1. China Market size and forecast, 2016-2026 (USD Million)
      7. 5.5.7. Japan
        1. 5.5.7.1. Japan Market size and forecast, 2016-2026 (USD Million)
      8. 5.5.8. India
        1. 5.5.8.1. India Market size and forecast, 2016-2026 (USD Million)
      9. 5.5.9. South Korea
        1. 5.5.9.1. South Korea Market size and forecast, 2016-2026 (USD Million)
      10. 5.5.10. South-East Asia
        1. 5.5.10.1. South-East Asia Market size and forecast, 2016-2026 (USD Million)
      11. 5.5.11. Rest of Asia Pacific
        1. 5.5.11.1. Rest of Asia Pacific Market size and forecast, 2016-2026 (USD Million)
    6. 5.6. Latin America
      1. 5.6.1. Latin AmericaMicroalgae Market size and forecast, 2016-2026
      2. 5.6.2. Latin AmericaMicroalgae Market, by Country, 2019 & 2026 (USD Million)
      3. 5.6.3. Latin AmericaMicroalgae Market, by Type , 2016-2026
        1. 5.6.3.1. Latin AmericaMicroalgae Market, by Type , 2016-2026 (USD Million)
      4. 5.6.4. Latin AmericaMicroalgae Market, by Distribution Channel, 2016-2026
        1. 5.6.4.1. Latin AmericaMicroalgae Market, by Distribution Channel, 2016-2026 (USD Million)
      5. 5.6.5. Latin AmericaMicroalgae Market, by End-Users, 2016-2026
        1. 5.6.5.1. Latin AmericaMicroalgae Market, by End-Users, 2016-2026 (USD Million)
      6. 5.6.6. Brazil
        1. 5.6.6.1. Brazil Market size and forecast, 2016-2026 (USD Million)
      7. 5.6.7. Mexico
        1. 5.6.7.1. Mexico Market size and forecast, 2016-2026 (USD Million)
      8. 5.6.8. Rest of Latin America
        1. 5.6.8.1. Rest of Latin America Market size and forecast, 2016-2026 (USD Million)
    7. 5.7. The Middle-East and Africa
      1. 5.7.1. The Middle-East and AfricaMicroalgae Market size and forecast, 2016-2026
      2. 5.7.2. The Middle-East and AfricaMicroalgae Market, by Country, 2019 & 2026 (USD Million)
      3. 5.7.3. The Middle-East and AfricaMicroalgae Market, by Type , 2016-2026
        1. 5.7.3.1. The Middle-East and AfricaMicroalgae Market, by Type , 2016-2026 (USD Million)
      4. 5.7.4. The Middle-East and AfricaMicroalgae Market, by Distribution Channel, 2016-2026
        1. 5.7.4.1. The Middle-East and AfricaMicroalgae Market, by Distribution Channel, 2016-2026 (USD Million)
      5. 5.7.5. The Middle-East and AfricaMicroalgae Market, by End-Users, 2016-2026
        1. 5.7.5.1. The Middle-East and AfricaMicroalgae Market, by End-Users, 2016-2026 (USD Million)
      6. 5.7.6. GCC Countries
        1. 5.7.6.1. GCC Countries Market size and forecast, 2016-2026 (USD Million)
      7. 5.7.7. South Africa
        1. 5.7.7.1. South Africa Market size and forecast, 2016-2026 (USD Million)
      8. 5.7.8. Rest of Middle-East Africa
        1. 5.7.8.1. Rest of Middle-East Africa Market size and forecast, 2016-2026 (USD Million)
  6. CHAPTER 6. Microalgae market – Competitive Landscape
    1. 6.1. Competitor Market Share – Revenue
    2. 6.2. Market Concentration Rate Analysis, Top 3 and Top 5 Players
    3. 6.3. Strategic Development
      1. 6.3.1. Acquisitions and Mergers
      2. 6.3.2. New Products
      3. 6.3.3. Research & Development Activities
  7. CHAPTER 7. Company Profiles
    1. 7.1. Algae. Tec Limited
      1. 7.1.1. Company Overview
      2. 7.1.2. Algae. Tec LimitedRevenue and Gross Margin
      3. 7.1.3. Product portfolio
      4. 7.1.4. Recent initiatives
    2. 7.2. DIC Corporation
      1. 7.2.1. Company Overview
      2. 7.2.2. DIC CorporationRevenue and Gross Margin
      3. 7.2.3. Product portfolio
      4. 7.2.4. Recent initiatives
    3. 7.3. Cyanotech Corporation
      1. 7.3.1. Company Overview
      2. 7.3.2. Cyanotech CorporationRevenue and Gross Margin
      3. 7.3.3. Product portfolio
      4. 7.3.4. Recent initiatives
    4. 7.4. TerraVia Holdings Inc.
      1. 7.4.1. Company Overview
      2. 7.4.2. TerraVia Holdings Inc.Revenue and Gross Margin
      3. 7.4.3. Product portfolio
      4. 7.4.4. Recent initiatives
    5. 7.5. Cellana LLC
      1. 7.5.1. Company Overview
      2. 7.5.2. Cellana LLCRevenue and Gross Margin
      3. 7.5.3. Product portfolio
      4. 7.5.4. Recent initiatives
    6. 7.6. E.I.D
      1. 7.6.1. Company Overview
      2. 7.6.2. E.I.DRevenue and Gross Margin
      3. 7.6.3. Product portfolio
      4. 7.6.4. Recent initiatives
    7. 7.7. Parry (India) Limited
      1. 7.7.1. Company Overview
      2. 7.7.2. Parry (India) LimitedRevenue and Gross Margin
      3. 7.7.3. Product portfolio
      4. 7.7.4. Recent initiatives
    8. 7.8. Fuqing King Dnarmsa Spirulina Co. Ltd
      1. 7.8.1. Company Overview
      2. 7.8.2. Fuqing King Dnarmsa Spirulina Co. LtdRevenue and Gross Margin
      3. 7.8.3. Product portfolio
      4. 7.8.4. Recent initiatives
    9. 7.9. Taau Australia Pty Ltd
      1. 7.9.1. Company Overview
      2. 7.9.2. Taau Australia Pty LtdRevenue and Gross Margin
      3. 7.9.3. Product portfolio
      4. 7.9.4. Recent initiatives
  8. CHAPTER 8. Microalgae — Industry Analysis
    1. 8.1. Microalgae Market – Key Trends
      1. 8.1.1. Market Drivers
      2. 8.1.2. Market Restraints
      3. 8.1.3. Market Opportunities
    2. 8.2. Value Chain Analysis
    3. 8.3. Technology Roadmap and Timeline
    4. 8.4. Microalgae Market – Attractiveness Analysis
      1. 8.4.1. By Type
      2. 8.4.2. By Distribution Channel
      3. 8.4.3. By End-Users
      4. 8.4.4. By Region
  9. CHAPTER 9. Marketing Strategy Analysis, Distributors
    1. 9.1. Marketing Channel
    2. 9.2. Direct Marketing
    3. 9.3. Indirect Marketing
    4. 9.4. Marketing Channel Development Trend
    5. 9.5. Economic/Political Environmental Change
  10. CHAPTER 10. Report Conclusion
  11. CHAPTER 11. Research Approach & Methodology
    1. 11.1. Report Description
    2. 11.2. Research Scope
    3. 11.3. Research Methodology
      1. 11.3.1. Secondary Research
      2. 11.3.2. Primary Research
      3. 11.3.3. Models
        1. 11.3.3.1. Company Share Analysis Model
        2. 11.3.3.2. Revenue Based Modeling
        3. 11.3.3.3. Research Limitations

        List of Figures

        FIG. 1 Global Microalgae Market, 2016-2026(USD Million)
        FIG. 2 Global Microalgae MarketShare, by Type , 2019 & 2026 (USD Million)
        FIG. 3 Global SpirulinaMicroalgaeMarket,2016-2026 (USD Million)
        FIG. 4 Global ChlorellaMicroalgaeMarket,2016-2026 (USD Million)
        FIG. 5 Global Dunaliella SalinaMicroalgaeMarket,2016-2026 (USD Million)
        FIG. 6 Global Red AphanocapsaMicroalgaeMarket,2016-2026 (USD Million)
        FIG. 7 Global OthersMicroalgaeMarket,2016-2026 (USD Million)
        FIG. 8 Global Microalgae MarketShare, by Distribution Channel, 2019 & 2026 (USD Million)
        FIG. 9 Global Online SalesMicroalgaeMarket,2016-2026 (USD Million)
        FIG. 10 Global Hyper Market or Super MarketMicroalgaeMarket,2016-2026 (USD Million)
        FIG. 11 Global Retail StoresMicroalgaeMarket,2016-2026 (USD Million)
        FIG. 12 Global Microalgae MarketShare, by End-Users, 2019 & 2026 (USD Million)
        FIG. 13 Global FoodMicroalgaeMarket,2016-2026 (USD Million)
        FIG. 14 Global FeedMicroalgaeMarket,2016-2026 (USD Million)
        FIG. 15 Global PharmaceuticalsMicroalgaeMarket,2016-2026 (USD Million)
        FIG. 16 Global Bio fuelsMicroalgaeMarket,2016-2026 (USD Million)
        FIG. 17 Global OthersMicroalgaeMarket,2016-2026 (USD Million)
        FIG. 18 Global Microalgae MarketShare, by Region, 2019 & 2026
        FIG. 19 North AmericaMicroalgae Market, 2016-2026
        FIG. 20 U.S.Microalgae Market, 2016-2026
        FIG. 21 CanadaMicroalgae Market, 2016-2026
        FIG. 22 EuropeMicroalgae Market, 2016-2026
        FIG. 23 GermanyMicroalgae Market, 2016-2026
        FIG. 24 FranceMicroalgae Market, 2016-2026
        FIG. 25 U.K.Microalgae Market, 2016-2026
        FIG. 26 ItalyMicroalgae Market, 2016-2026
        FIG. 27 SpainMicroalgae Market, 2016-2026
        FIG. 28 Rest of EuropeMicroalgae Market, 2016-2026
        FIG. 29 Asia PacificMicroalgae Market, 2016-2026
        FIG. 30 ChinaMicroalgae Market, 2016-2026
        FIG. 31 JapanMicroalgae Market, 2016-2026
        FIG. 32 IndiaMicroalgae Market, 2016-2026
        FIG. 33 South  KoreaMicroalgae Market, 2016-2026
        FIG. 34 South-East AsiaMicroalgae Market, 2016-2026
        FIG. 35 Rest of Asia PacificMicroalgae Market, 2016-2026
        FIG. 36 Latin AmericaMicroalgae Market, 2016-2026
        FIG. 37 BrazilMicroalgae Market, 2016-2026
        FIG. 38 MexicoMicroalgae Market, 2016-2026
        FIG. 39 Rest of Latin AmericaMicroalgae Market, 2016-2026
        FIG. 40 The Middle-East and AfricaMicroalgae Market, 2016-2026
        FIG. 41 GCC CountriesMicroalgae Market, 2016-2026
        FIG. 42 South AfricaMicroalgae Market, 2016-2026
        FIG. 43 Rest of Middle-East AfricaMicroalgae Market, 2016-2026
        FIG. 44 Competitor Market Share – Revenue
        FIG. 45 Algae. Tec Limited Revenue and Growth Rate
        FIG. 46 Algae. Tec Limited Market Share
        FIG. 47 DIC Corporation Revenue and Growth Rate
        FIG. 48 DIC Corporation Market Share
        FIG. 49 Cyanotech Corporation Revenue and Growth Rate
        FIG. 50 Cyanotech Corporation Market Share
        FIG. 51 TerraVia Holdings Inc. Revenue and Growth Rate
        FIG. 52 TerraVia Holdings Inc. Market Share
        FIG. 53 Cellana LLC Revenue and Growth Rate
        FIG. 54 Cellana LLC Market Share
        FIG. 55 E.I.D Revenue and Growth Rate
        FIG. 56 E.I.D Market Share
        FIG. 57 Parry (India) Limited Revenue and Growth Rate
        FIG. 58 Parry (India) Limited Market Share
        FIG. 59 Fuqing King Dnarmsa Spirulina Co. Ltd Revenue and Growth Rate
        FIG. 60 Fuqing King Dnarmsa Spirulina Co. Ltd Market Share
        FIG. 61 Taau Australia Pty Ltd Revenue and Growth Rate
        FIG. 62 Taau Australia Pty Ltd Market Share
        FIG. 63 Market Dynamics
        FIG. 64 Global Microalgae – Value Chain Analysis
        FIG. 65 Technology Roadmap and Timeline
        FIG. 66 Market Attractiveness Analysis – By Type
        FIG. 67 Market Attractiveness Analysis – By Distribution Channel
        FIG. 68 Market Attractiveness Analysis – By End-Users
        FIG. 69 Market Attractiveness Analysis – By Region
        FIG. 70 Market Channel
        FIG. 71 Marketing Channel Development Trend
        FIG. 72 Growth in World Gross Product, 2008-2019

        List of Tables

        TABLE 1 Global Microalgae Market, 2019& 2026 (USD Million)
        TABLE 2 Global Microalgae market, by Type , 2016-2026 (USD Million)
        TABLE 3 Global Microalgae market, by Distribution Channel, 2016-2026 (USD Million)
        TABLE 4 Global Microalgae market, by End-Users, 2016-2026 (USD Million)
        TABLE 5 Global Microalgae market, by Region, 2016-2026 (USD Million)
        TABLE 6 North AmericaMicroalgae Market, by Type , 2016-2026 (USD Million)
        TABLE 7 North AmericaMicroalgae Market, by Distribution Channel, 2016-2026 (USD Million)
        TABLE 8 North AmericaMicroalgae Market, by End-Users, 2016-2026 (USD Million)
        TABLE 9 EuropeMicroalgae Market, by Type , 2016-2026 (USD Million)
        TABLE 10 EuropeMicroalgae Market, by Distribution Channel, 2016-2026 (USD Million)
        TABLE 11 EuropeMicroalgae Market, by End-Users, 2016-2026 (USD Million)
        TABLE 12 Asia PacificMicroalgae Market, by Type , 2016-2026 (USD Million)
        TABLE 13 Asia PacificMicroalgae Market, by Distribution Channel, 2016-2026 (USD Million)
        TABLE 14 Asia PacificMicroalgae Market, by End-Users, 2016-2026 (USD Million)
        TABLE 15 Latin AmericaMicroalgae Market, by Type , 2016-2026 (USD Million)
        TABLE 16 Latin AmericaMicroalgae Market, by Distribution Channel, 2016-2026 (USD Million)
        TABLE 17 Latin AmericaMicroalgae Market, by End-Users, 2016-2026 (USD Million)
        TABLE 18 The Middle-East and AfricaMicroalgae Market, by Type , 2016-2026 (USD Million)
        TABLE 19 The Middle-East and AfricaMicroalgae Market, by Distribution Channel, 2016-2026 (USD Million)
        TABLE 20 The Middle-East and AfricaMicroalgae Market, by End-Users, 2016-2026 (USD Million)
        TABLE 21 Global Microalgae Market - Company Revenue Analysis 2016-2019 (USD Million)
        TABLE 22 Global Microalgae Market - Company Revenue Share Analysis 2016-2019(%)
        TABLE 23 Acquisitions and Mergers
        TABLE 24 New Product/Service Launch
        TABLE 25 Research & Development Activities
        TABLE 26 Market Drivers
        TABLE 27 Market Restraints
        TABLE 28 Market Opportunities
        

Key Insights from Primary Research

  • According to the primary CXO’s of the global microalgae market, the market is estimated to witness a substantial growth of nearly 4.9% over the forecast period.
  • The market was valued at USD 55 million, in 2019 and is expected to be valued over USD 75 million.
  • By type segmentation, spirulina is expected to contribute the largest market share in the global microalgae market owing to its use in nutritional supplement in food and its high adoption in animal feed activities.
  • On the basis of distribution channel, the online stores category is anticipated to grow in the future years attributed to increasing use of microalgae in various food ingredients and expanding online availability of microalgae product.
  • By end-user segment, the food category is projected to be the largest growing segment over the forecast period due to the nutritional value of microalgae in food products.

Key Recommendations from Analysts

  • Our analysts recommend that the North America continues to dominate the global market for the microalgae owing to high adoption of microalgae in food and other uses and technological advancement in the harvesting and extraction of microalgae.
  • The European region is also expected to boost the market due to the increasing adoption of new technologies, increasing use in food and beverages industries, adoption in pharmaceuticals industries.
  • Owing to the rising use of microalgae in animal feed, and in healthcare awareness, the feed and pharmaceuticals category is projected to boost the market.
  • The retail store segment is expected to be the largest growing market in the future years owing to the increasing demand for microalgae.
  • Due to the technological advancement in microalgae harvesting, use of microalgae in various industries such as food, bio fuel, pharmaceuticals, etc. the market is expected to produce ample opportunities during the upcoming years.

Market Share Analysis by End-User Segment

Industry Major Market Players

  • Algae. Tec Limited
  • DIC Corporation
  • Cyanotech Corporation
  • TerraVia Holdings Inc.
  • Cellana LLC
  • E.I.D
  • Parry (India) Limited
  • Fuqing King Dnarmsa Spirulina Co. Ltd
  • Taau Australia Pty Ltd

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