Market Overview:
The global dried algae meal 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 the increasing demand for algae meal from the food industry, animal nutrition and feed, pharmaceuticals, food supplement and aquaculture sectors. Additionally, rising awareness about the health benefits of consuming algae meal is also propelling the growth of this market. However, factors such as high price point and limited availability are restraining its growth to some extent. On basis of type, organic dried algae meal segment is projected to witness highest CAGR during forecast period owing to increasing demand for organic products across globe.
Product Definition:
Dried Algae Meal is a powder made from the dried, ground up cells of algae. It is used as a feed ingredient for livestock and poultry.
Organic:
Organic is a label used to describe food and other products which are not produced using synthetic (artificial) ingredients. The concept of organic has been around for quite some time; however, it gained significant traction after the introduction of genetically modified organisms (GMOs) in the 1980s. Since then, there have been numerous studies conducted on the harmful effects associated with artificial chemicals as well as fertilizers used in conventional farming practices.
Conventional:
Conventional is the process of drying algae with or without the help of heat. In this process, water content in algae is reduced to a large extent and hence it becomes ready to use. Conventional method has certain limitations such as it can reduce water content upto 20% but after that point, further reduction in moisture will result in degradation of product quality.
Application Insights:
The food industry application segment led the global market and accounted for more than 54.0% share of the overall revenue in 2017. The product is widely used as a source of nutrition in feed for fish, crustaceans, mollusks, and echinoderms due to its high protein content. In addition, it plays an important role as a source of essential amino acids required by humans.
Dried algae meal is also considered as an excellent animal nutrition supplement owing to its rich protein content and low cost compared with other animal feed supplements such as soybean meal or corn gluten meal; therefore it has gained wide acceptance among farmers worldwide for poultry farming applications including broilers & layers. Furthermore, growing aquaculture activities across the globe are expected to propel demand over the forecast period thus driving growth of this segment further during the study period.
Regional Analysis:
North America dominated the global market in 2017. The growth is attributed to the presence of a large number of companies involved in manufacturing and supplying food products, such as meat, seafood, dairy products, and others. In addition, rising awareness regarding health benefits associated with dried algae meal is expected to propel industry growth over the forecast period.
Asia Pacific regional market for dried algae meal is anticipated to witness significant gains owing to increasing product demand from countries like China and India on account of rapid industrialization along with growing population. In addition, expansion of pharmaceutical sector coupled with rising research activities related to natural ingredients for drug discovery will drive industry growth over the projected period. ‰â€°‰â€°‰â€°‰â€°…Xantongxin (HN Group) Co.
Growth Factors:
- Increasing demand for algae-based products as a source of protein and other nutrients
- Rising awareness about the health benefits of dried algae meal
- Growing popularity of plant-based diets that favor sustainable, environmentally friendly ingredients
- Proliferation of algae farming operations to meet rising demand for the ingredient
- Development of new applications for dried algae meal in food, nutraceuticals, and other industries
Scope Of The Report
Report Attributes
Report Details
Report Title
Dried Algae Meal Market Research Report
By Type
Organic, Conventional,
By Application
Food industry, Animal nutrition and feed, Pharmaceuticals, Food supplement, Aquaculture, Others,
By Companies
Cyanotech Corporation, DIC Corporation, TerraVia Holdings, E.I.D. Parry (India) Limited, Cellana, Fuqing King Dnarmsa Spirulina Co. Ltd, Algae.Tec Limited, Taau Australia Pty Ltd.
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
240
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Dried Algae Meal Market Report Segments:
The global Dried Algae Meal market is segmented on the basis of:
Types
Organic, Conventional,
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
Food industry, Animal nutrition and feed, Pharmaceuticals, Food supplement, Aquaculture, Others,
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:
- Cyanotech Corporation
- DIC Corporation
- TerraVia Holdings
- E.I.D. Parry (India) Limited
- Cellana
- Fuqing King Dnarmsa Spirulina Co. Ltd
- Algae.Tec Limited
- Taau Australia Pty Ltd.
Highlights of The Dried Algae Meal 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:
- Organic
- Conventional
- By Application:
- Food industry
- Animal nutrition and feed
- Pharmaceuticals
- Food supplement
- Aquaculture
- Others
- 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 Dried Algae Meal 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
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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?
Dried algae meal is a type of feed made from the dried residue of aquatic plants. It is used as a supplement for livestock and poultry, and can be found in pet food products.
Some of the major companies in the dried algae meal market are Cyanotech Corporation, DIC Corporation, TerraVia Holdings, E.I.D. Parry (India) Limited, Cellana, Fuqing King Dnarmsa Spirulina Co. Ltd, Algae.Tec Limited, Taau Australia Pty Ltd..
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Dried Algae Meal 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. Dried Algae Meal Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Dried Algae Meal Market - Supply Chain
4.5. Global Dried Algae Meal Market Forecast
4.5.1. Dried Algae Meal Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Dried Algae Meal Market Size (000 Units) and Y-o-Y Growth
4.5.3. Dried Algae Meal Market Absolute $ Opportunity
5. Global Dried Algae Meal 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. Dried Algae Meal Market Size and Volume Forecast by Type
5.3.1. Organic
5.3.2. Conventional
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Dried Algae Meal 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. Dried Algae Meal Market Size and Volume Forecast by Application
6.3.1. Food industry
6.3.2. Animal nutrition and feed
6.3.3. Pharmaceuticals
6.3.4. Food supplement
6.3.5. Aquaculture
6.3.6. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Dried Algae Meal 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. Dried Algae Meal 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 Dried Algae Meal 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. Dried Algae Meal 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 Dried Algae Meal Demand Share Forecast, 2019-2026
9. North America Dried Algae Meal 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 Dried Algae Meal 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 Dried Algae Meal Market Size and Volume Forecast by Application
9.4.1. Food industry
9.4.2. Animal nutrition and feed
9.4.3. Pharmaceuticals
9.4.4. Food supplement
9.4.5. Aquaculture
9.4.6. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Dried Algae Meal Market Size and Volume Forecast by Type
9.7.1. Organic
9.7.2. Conventional
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 Dried Algae Meal Demand Share Forecast, 2019-2026
10. Latin America Dried Algae Meal 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 Dried Algae Meal 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 Dried Algae Meal Market Size and Volume Forecast by Application
10.4.1. Food industry
10.4.2. Animal nutrition and feed
10.4.3. Pharmaceuticals
10.4.4. Food supplement
10.4.5. Aquaculture
10.4.6. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Dried Algae Meal Market Size and Volume Forecast by Type
10.7.1. Organic
10.7.2. Conventional
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 Dried Algae Meal Demand Share Forecast, 2019-2026
11. Europe Dried Algae Meal 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 Dried Algae Meal 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 Dried Algae Meal Market Size and Volume Forecast by Application
11.4.1. Food industry
11.4.2. Animal nutrition and feed
11.4.3. Pharmaceuticals
11.4.4. Food supplement
11.4.5. Aquaculture
11.4.6. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Dried Algae Meal Market Size and Volume Forecast by Type
11.7.1. Organic
11.7.2. Conventional
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projectionsby Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Dried Algae Meal Demand Share, 2019-2026
12. Asia Pacific Dried Algae Meal 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 Dried Algae Meal 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 Dried Algae Meal Market Size and Volume Forecast by Application
12.4.1. Food industry
12.4.2. Animal nutrition and feed
12.4.3. Pharmaceuticals
12.4.4. Food supplement
12.4.5. Aquaculture
12.4.6. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Dried Algae Meal Market Size and Volume Forecast by Type
12.7.1. Organic
12.7.2. Conventional
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 Dried Algae Meal Demand Share, 2019-2026
13. Middle East & Africa Dried Algae Meal 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 Dried Algae Meal 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 Dried Algae Meal Market Size and Volume Forecast by Application
13.4.1. Food industry
13.4.2. Animal nutrition and feed
13.4.3. Pharmaceuticals
13.4.4. Food supplement
13.4.5. Aquaculture
13.4.6. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Dried Algae Meal Market Size and Volume Forecast by Type
13.7.1. Organic
13.7.2. Conventional
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 Dried Algae Meal Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Dried Algae Meal Market: Market Share Analysis
14.2. Dried Algae Meal Distributors and Customers
14.3. Dried Algae Meal Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Cyanotech Corporation
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. DIC Corporation
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. TerraVia Holdings
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. E.I.D. Parry (India) Limited
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Cellana
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Fuqing King Dnarmsa Spirulina Co. Ltd
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Algae.Tec Limited
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Taau Australia Pty Ltd.
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
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
