Market Overview:
The global algal polysaccharides market is expected to grow at a CAGR of 6.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for algal polysaccharides from various applications such as food, personal care, chemical, pharmaceutical and others. Additionally, the growing awareness about the benefits of algal polysaccharides is also contributing to the growth of this market. Based on type, red algae segment is projected to lead the global algal polysaccharide market during forecast period due to its high nutritional value and health benefits. On account of these factors, it is used in various applications such as food and personal care products.
Product Definition:
Algal polysaccharides are complex carbohydrates that are found in the cell walls of algae. They play an important role in the structure and function of algal cells, and can also be used for human health and nutrition.
Red Algae:
Red algae, also known as red algae or unicellular organisms, is a type of phytoplankton. It has a single cell wall made of cellulose and rhamnolipids. Cellulose has an average molecular weight between 12,000 and 2 million while rhamnolipids have an average molecular weight ranging from 1 to 200 amu.
Brown Algae:
Brown algae is a group of marine organisms comprising three classes, namely Haptophyceae, Charophyceae and Filicincla. Brown algae are unicellular or multicellular non-vascular plants that live in the sea floor sediments. The most common genera include Cladophora, Turbinaria and Sargassum.
Application Insights:
Food application dominated the global market accounting for more than 40% of the overall revenue share in 2017. The product is widely used as food additives and nutritional supplements owing to its high energy, protein, and fiber content. Furthermore, it is also utilized in manufacturing animal feed products due to its ability to promote weight gain in livestock.
The chemical segment accounted for a significant share of the overall industry revenue in 2017 on account of increasing utilization as bio-based plasticizers and industrial enzymes replacements. In addition, it is also utilized as foaming agents & detergents where it exhibits superior properties such as biodegradability along with being environmentally friendly compared to conventional surfactants currently used worldwide. These factors are expected to drive demand over the forecast period thereby propelling growth globally over next eight years or so until 2030 AD (or beyond).
Regional Analysis:
Asia Pacific was the largest regional market in 2017 and is expected to maintain its position during the forecast period. The region accounts for approximately 60% of global population, 50% of global GDP, and 80% of global marine fish production. It is also one of the most important bio-diverse regions with significant presence of rare & threatened species as well as endemic plants & animals.
The Asia Pacific economy has been highly influenced by western culture due to high level international tourism and trade activities over past few decades which have strengthened consumer base for personal care products such as skin care creams, lotions, sun block creams etc., majorly manufactured from synthetic polymers like polyethylene (PE) & polypropylene (PP). This factor will have a positive impact on industry growth over next eight years.
Growth Factors:
- Increasing demand for natural and sustainable products
- Rising awareness about the health benefits of algal polysaccharides
- Growing popularity of algal polysaccharides in food and beverage industry
- Rising demand from nutraceuticals and cosmeceuticals industry
- Technological advancements in extraction and purification processes
Scope Of The Report
Report Attributes
Report Details
Report Title
Algal Polysaccharides Market Research Report
By Type
Red Algae, Brown Algae, Green Algae, Blue Algae
By Application
Food, Personal Care, Chemical, Pharmaceutical, Others
By Companies
BASF, Symrise, Merck, Ashland, Chemyunion, Clariant, DFE Pharma, Exsymol, Lonza, Sensient Cosmetic Technologies, Provital, Sinerga, Nagase, Spec-Chem Industry, Nisshin OilliO, Zibon Chemicals, Spec-Chem Industry, Nisshin OilliO, Uniproma Chemical, Zibon Chemicals, HAYASHIBARA CO., LTD., Pfanstiehl, BAKERpedia
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
227
Number of Tables & Figures
159
Customization Available
Yes, the report can be customized as per your need.
Global Algal Polysaccharides Market Report Segments:
The global Algal Polysaccharides market is segmented on the basis of:
Types
Red Algae, Brown Algae, Green Algae, Blue Algae
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, Personal Care, Chemical, Pharmaceutical, 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:
- BASF
- Symrise
- Merck
- Ashland
- Chemyunion
- Clariant
- DFE Pharma
- Exsymol
- Lonza
- Sensient Cosmetic Technologies
- Provital
- Sinerga
- Nagase
- Spec-Chem Industry
- Nisshin OilliO
- Zibon Chemicals
- Spec-Chem Industry
- Nisshin OilliO
- Uniproma Chemical
- Zibon Chemicals
- HAYASHIBARA CO., LTD.
- Pfanstiehl
- BAKERpedia
Highlights of The Algal Polysaccharides 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:
- Red Algae
- Brown Algae
- Green Algae
- Blue Algae
- By Application:
- Food
- Personal Care
- Chemical
- Pharmaceutical
- 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 Algal Polysaccharides 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?
Algal polysaccharides are a type of carbohydrate that is found in many types of algae. These carbohydrates can be used to produce biofuels, cosmetics, and other products.
Some of the major players in the algal polysaccharides market are BASF, Symrise, Merck, Ashland, Chemyunion, Clariant, DFE Pharma, Exsymol, Lonza, Sensient Cosmetic Technologies, Provital, Sinerga, Nagase, Spec-Chem Industry, Nisshin OilliO, Zibon Chemicals, Spec-Chem Industry, Nisshin OilliO, Uniproma Chemical, Zibon Chemicals, HAYASHIBARA CO., LTD., Pfanstiehl, BAKERpedia.
The algal polysaccharides market is expected to register a CAGR of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Algal Polysaccharides Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Algal Polysaccharides Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Algal Polysaccharides Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Algal Polysaccharides Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Algal Polysaccharides Market Size & Forecast, 2018-2028
4.5.1 Algal Polysaccharides Market Size and Y-o-Y Growth
4.5.2 Algal Polysaccharides Market Absolute $ Opportunity
Chapter 5 Global Algal Polysaccharides Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Algal Polysaccharides Market Size Forecast by Type
5.2.1 Red Algae
5.2.2 Brown Algae
5.2.3 Green Algae
5.2.4 Blue Algae
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Algal Polysaccharides Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Algal Polysaccharides Market Size Forecast by Applications
6.2.1 Food
6.2.2 Personal Care
6.2.3 Chemical
6.2.4 Pharmaceutical
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Algal Polysaccharides Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Algal Polysaccharides Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Algal Polysaccharides Analysis and Forecast
9.1 Introduction
9.2 North America Algal Polysaccharides Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Algal Polysaccharides Market Size Forecast by Type
9.6.1 Red Algae
9.6.2 Brown Algae
9.6.3 Green Algae
9.6.4 Blue Algae
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Algal Polysaccharides Market Size Forecast by Applications
9.10.1 Food
9.10.2 Personal Care
9.10.3 Chemical
9.10.4 Pharmaceutical
9.10.5 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Algal Polysaccharides Analysis and Forecast
10.1 Introduction
10.2 Europe Algal Polysaccharides Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Algal Polysaccharides Market Size Forecast by Type
10.6.1 Red Algae
10.6.2 Brown Algae
10.6.3 Green Algae
10.6.4 Blue Algae
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Algal Polysaccharides Market Size Forecast by Applications
10.10.1 Food
10.10.2 Personal Care
10.10.3 Chemical
10.10.4 Pharmaceutical
10.10.5 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Algal Polysaccharides Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Algal Polysaccharides Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Algal Polysaccharides Market Size Forecast by Type
11.6.1 Red Algae
11.6.2 Brown Algae
11.6.3 Green Algae
11.6.4 Blue Algae
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Algal Polysaccharides Market Size Forecast by Applications
11.10.1 Food
11.10.2 Personal Care
11.10.3 Chemical
11.10.4 Pharmaceutical
11.10.5 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Algal Polysaccharides Analysis and Forecast
12.1 Introduction
12.2 Latin America Algal Polysaccharides Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Algal Polysaccharides Market Size Forecast by Type
12.6.1 Red Algae
12.6.2 Brown Algae
12.6.3 Green Algae
12.6.4 Blue Algae
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Algal Polysaccharides Market Size Forecast by Applications
12.10.1 Food
12.10.2 Personal Care
12.10.3 Chemical
12.10.4 Pharmaceutical
12.10.5 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Algal Polysaccharides Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Algal Polysaccharides Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Algal Polysaccharides Market Size Forecast by Type
13.6.1 Red Algae
13.6.2 Brown Algae
13.6.3 Green Algae
13.6.4 Blue Algae
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Algal Polysaccharides Market Size Forecast by Applications
13.10.1 Food
13.10.2 Personal Care
13.10.3 Chemical
13.10.4 Pharmaceutical
13.10.5 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Algal Polysaccharides Market: Competitive Dashboard
14.2 Global Algal Polysaccharides Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 BASF
14.3.2 Symrise
14.3.3 Merck
14.3.4 Ashland
14.3.5 Chemyunion
14.3.6 Clariant
14.3.7 DFE Pharma
14.3.8 Exsymol
14.3.9 Lonza
14.3.10 Sensient Cosmetic Technologies
14.3.11 Provital
14.3.12 Sinerga
14.3.13 Nagase
14.3.14 Spec-Chem Industry
14.3.15 Nisshin OilliO
14.3.16 Zibon Chemicals
14.3.17 Spec-Chem Industry
14.3.18 Nisshin OilliO
14.3.19 Uniproma Chemical
14.3.20 Zibon Chemicals
14.3.21 HAYASHIBARA CO., LTD.
14.3.22 Pfanstiehl
14.3.23 BAKERpedia
