Market Overview:
The global algae extract market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The growth in the market can be attributed to factors such as the increasing demand for algae extract in various applications, such as fertilizer, cosmetics, and food. Additionally, the growing awareness about the benefits of using algae extract is also contributing to its growth. The global algae extract market by type is segmented into seaweed and microalgae. The seaweed segment dominates the global algae extract market and is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. This can be attributed to its high demand in various applications across different regions.
Product Definition:
Algae Extract is a plant extract that is derived from algae. It can be used as a natural skin care ingredient to improve the appearance of skin, hair, and nails. Algae Extract is rich in antioxidants and minerals, which makes it beneficial for skin health. It can help to protect against free radicals and environmental damage, while also providing essential nutrients that support collagen production and healthy cell function. Additionally, Algae Extract has anti-inflammatory properties which can help to reduce inflammation and irritation.
Seaweed:
Seaweed is a macroscopic marine algae that consists of three parts; the stipe, rhizome or roots, and blade. The stipe may be green or brown in color and can be up to 1 m (3 ft) long. It usually has a thin layer of lignin on its surface which is responsible for the brown color.
Microalgae:
Microalgae is a type of algae and it's main source of food is the sun. Microalgae can be used for various applications such as animal feed, biofuel, cosmetics, pharmaceuticals and nutraceuticals. The microalgal industry has been growing at a significant rate owing to its increasing demand in the nutraceutical sector which includes vitamins & supplements and functional foods as well as medical foods.
Application Insights:
Fertilizer was the dominant application segment in 2017, accounting for over 60% of the overall demand. The growing need to increase crop yield to feed a rapidly growing population is expected to be one of the key driving factors for algal biomass used as fertilizers. Furthermore, rising awareness regarding nutrient-rich fertilizers and an increasing number of farmers adopting modern techniques are likely to propel growth during the forecast period.
Growing use of algae extract in manufacturing high quality animal feed is anticipated drive market growth over the forecast period. Algae can provide essential nutrients such as protein and fatty acids when they are supplemented with proper ingredients and processing methods.
Regional Analysis:
North America dominated the global market in 2017 owing to the presence of a large number of companies involved in R&D and high awareness levels coupled with consumer preference for natural products. The region is expected to grow at a significant rate over the forecast period, which can be attributed to rising demand from end-use industries such as cosmetics and food.
The Asia Pacific regional market is projected to witness lucrative growth during the forecast period owing to increasing government initiatives for promoting algae cultivation, along with growing interest from foreign investors.
Latin America also holds immense potential due its low capital cost required for setting up production facilities compared with other regions; hence making it attractive for manufacturers looking forward investing opportunities in this region.
Growth Factors:
- Increasing demand for natural and organic products
- Rising awareness about the health benefits of algae extract
- Growing popularity of algae-based supplements and functional foods
- Proliferation of online retail channels
- Emerging applications of algae extract in various industries
Scope Of The Report
Report Attributes
Report Details
Report Title
Algae Extract Market Research Report
By Type
Seaweed, Microalgae
By Application
Fertilizer, Cosmetics, Food
By Companies
Making Cosmetics(US), EWG's Skin Deep(US), Paula's Choice(US), Ingredients To die For(US), SpecialChem(US), Essentials by Catalina?Inc.(US), Aromantic Ltd(UK), dfi(SWFL Inc)(CN), True Natural Group Inc(US), Formulator Sample Shop(US), Thalion(France), SourceVital(US)
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
231
Number of Tables & Figures
162
Customization Available
Yes, the report can be customized as per your need.
Global Algae Extract Market Report Segments:
The global Algae Extract market is segmented on the basis of:
Types
Seaweed, Microalgae
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Fertilizer, Cosmetics, Food
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Making Cosmetics(US)
- EWG's Skin Deep(US)
- Paula's Choice(US)
- Ingredients To die For(US)
- SpecialChem(US)
- Essentials by Catalina?Inc.(US)
- Aromantic Ltd(UK)
- dfi(SWFL Inc)(CN)
- True Natural Group Inc(US)
- Formulator Sample Shop(US)
- Thalion(France)
- SourceVital(US)
Highlights of The Algae Extract Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Seaweed
- Microalgae
- By Application:
- Fertilizer
- Cosmetics
- Food
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Algae Extract Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Algae extract is a natural product derived from algae. It is used as a dietary supplement to improve health and well-being. Algae extract may help improve joint health, reduce inflammation, and support cognitive function.
Some of the major companies in the algae extract market are Making Cosmetics(US), EWG's Skin Deep(US), Paula's Choice(US), Ingredients To die For(US), SpecialChem(US), Essentials by Catalina?Inc.(US), Aromantic Ltd(UK), dfi(SWFL Inc)(CN), True Natural Group Inc(US), Formulator Sample Shop(US), Thalion(France), SourceVital(US).
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Algae Extract Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Algae Extract Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Algae Extract Market - Supply Chain
4.5. Global Algae Extract Market Forecast
4.5.1. Algae Extract Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Algae Extract Market Size (000 Units) and Y-o-Y Growth
4.5.3. Algae Extract Market Absolute $ Opportunity
5. Global Algae Extract Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Algae Extract Market Size and Volume Forecast by Type
5.3.1. Seaweed
5.3.2. Microalgae
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Algae Extract Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Algae Extract Market Size and Volume Forecast by Application
6.3.1. Fertilizer
6.3.2. Cosmetics
6.3.3. Food
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Algae Extract Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Algae Extract Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Algae Extract Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Algae Extract Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Algae Extract Demand Share Forecast, 2019-2026
9. North America Algae Extract Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Algae Extract Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Algae Extract Market Size and Volume Forecast by Application
9.4.1. Fertilizer
9.4.2. Cosmetics
9.4.3. Food
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Algae Extract Market Size and Volume Forecast by Type
9.7.1. Seaweed
9.7.2. Microalgae
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Algae Extract Demand Share Forecast, 2019-2026
10. Latin America Algae Extract Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Algae Extract Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Algae Extract Market Size and Volume Forecast by Application
10.4.1. Fertilizer
10.4.2. Cosmetics
10.4.3. Food
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Algae Extract Market Size and Volume Forecast by Type
10.7.1. Seaweed
10.7.2. Microalgae
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Algae Extract Demand Share Forecast, 2019-2026
11. Europe Algae Extract Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Algae Extract Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Algae Extract Market Size and Volume Forecast by Application
11.4.1. Fertilizer
11.4.2. Cosmetics
11.4.3. Food
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Algae Extract Market Size and Volume Forecast by Type
11.7.1. Seaweed
11.7.2. Microalgae
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Applicatin
11.10.4. By Sales Channel
11.11. Europe Algae Extract Demand Share, 2019-2026
12. Asia Pacific Algae Extract Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Algae Extract Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Algae Extract Market Size and Volume Forecast by Application
12.4.1. Fertilizer
12.4.2. Cosmetics
12.4.3. Food
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Algae Extract Market Size and Volume Forecast by Type
12.7.1. Seaweed
12.7.2. Microalgae
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Algae Extract Demand Share, 2019-2026
13. Middle East & Africa Algae Extract Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Algae Extract Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Algae Extract Market Size and Volume Forecast by Application
13.4.1. Fertilizer
13.4.2. Cosmetics
13.4.3. Food
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Algae Extract Market Size and Volume Forecast by Type
13.7.1. Seaweed
13.7.2. Microalgae
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Algae Extract Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Algae Extract Market: Market Share Analysis
14.2. Algae Extract Distributors and Customers
14.3. Algae Extract Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Making Cosmetics(US)
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. EWG's Skin Deep(US)
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Paula's Choice(US)
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Ingredients To die For(US)
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. SpecialChem(US)
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Essentials by Catalina?Inc.(US)
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Aromantic Ltd(UK)
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. dfi(SWFL Inc)(CN)
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. True Natural Group Inc(US)
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Formulator Sample Shop(US)
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Thalion(France)
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. SourceVital(US)
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
