Global Algae Fats Market 2018-2022

The algae fats market size will grow by USD 308 million during 2018-2022. This report offers an analysis of the market based on application (foods and supplements, pharmaceuticals and therapeutics, and others) and geography (the Americas, APAC, and EMEA). The algae fats market report further analyzes the market’s competitive landscape and offers information on several companies including Archer Daniels Midland, BASF, Bunge, Corbion Biotech, Cyanotech, and DSM.

Below are some of the key findings from the algae fats market research report

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Global Algae Fats Industry Overview

The health benefits associated with algae products is one of the major factors driving the algae fats market growth. Algae fats are a natural source of omega-3 fatty acids, which is necessary for the human body. They also act as anti-inflammatory agents to reduce blood clots. Other benefits of algae fats include heartbeat and blood pressure regulation, memory improvement, and healthy pregnancy and fetus health support. The consumption of fat derived from algae also serves as a vegan alternative for animal fats-based supplements. These have led to growth in consumption of fat derived from algae, thereby driving the algae fats market growth.

The growing demand for naturally obtained health products is one of the key algae fats market trends, which will aid future market growth. The growing prevalence of lifestyle change related diseases and deficiency of various elements have led to preference for plant-based fats and lipids. This has resulted in a significant demand for omega-3 supplements. To capitalize on this trend, vendors are incorporating algae fats into dietary supplements. The algae fats market forecast report predicts that fueled by these factors, the market will grow at a CAGR of almost 6% during the forecast period.

Top algae fats companies covered in this market research report

The algae fats market is moderately concentrated. The market is in the innovation stage with very few specialized companies operating in this space, thereby making the market competitive. By offering a complete analysis of the market’s competitive landscape and with information on the products offered by the companies, this algae fats industry analysis report will aid clients to identify new growth opportunities and design new growth strategies.

The report offers a complete analysis of various companies including:

• Archer Daniels Midland
• BASF
• Bunge
• Corbion Biotech
• Cyanotech
• DSM

Algae fats market segmentation based on geographic regions

• Americas
• APAC
• EMEA

Global algae fats market analysis reveals that the Americas will lead the algae fats market share till 2022. The APAC region will account for the highest algae fats market growth throughout the forecast period.

Algae fats market segmentation based on applications

• Foods and supplements
• Pharmaceuticals and therapeutics
• Others

The food and supplements applications will continue to dominate the algae fats market share during the forecast period. Pharmaceuticals and therapeutics applications will account for the highest algae fats market growth. Additionally, the report also provides an accurate prediction of the contribution of the various application segments to the growth of the algae fats market size.

Key highlights of the global algae fats market for the forecast years 2018-2022:

• CAGR of the market during the forecast period 2018-2022
• Detailed information on factors that will accelerate the growth of the algae fats market during the next five years
• Precise estimation of the global algae fats market size and its contribution to the parent market
• Accurate predictions on upcoming trends and changes in consumer behavior
• Growth of the algae fats industry across the Americas, APAC, and EMEA
• A thorough analysis of the market’s competitive landscape and detailed information on several vendors
• Comprehensive details on the factors that will challenge the growth of algae fats companies

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