Market Overview:
The global biotechnology algae cultivation (micro algae) market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for food, fertilizer and agar, and pollution control applications. In addition, the growing demand for biofuels is also contributing to the growth of this market. The global biotechnology algae cultivation (micro algae) market can be segmented on the basis of type into Euglenophyta (Euglenoids), Chrysophyta (Golden-Brown Algae and Diatoms), Pyrrophyta (Fire Algae), Chlorophyta (Green Algae), Rhodophyta (Red Algae), Paeophyta(Brown Algae), Xanthophyta(Yellow-GreenAlgaes)and others.
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Product Definition:
The cultivation of algae for the purpose of biotechnology is the process of growing microalgae in a controlled environment for use in various industrial applications. Microalgae are a diverse group of photosynthetic organisms that can be used to produce biofuels, biochemicals, and other valuable products. The importance of biotechnology algae cultivation lies in its ability to provide a sustainable source of these products while also reducing greenhouse gas emissions.
Euglenophyta (Euglenoids):
Euglenophyta (Euglenoids) are the group of single-celled organisms that live in association with plants. They were named after their discoverer, Swedish botanist Carl Linnaeus. There are about 9,000 known species of euglenoids and they occur naturally in several plant families including Brassicaceae, Fabaceae, Ericaceae and Orchidaceae among others.
Chrysophyta (Golden-Brown Algae and Diatoms):
Chrysophyta (golden-brown algae and diatoms) is a photosynthetic unicellular microalgae. It has been used as feedstock for biotechnology production of bioactive compounds, vitamins, proteins, carotenoids & fatty acids. The cultivation of chrysoophyte offers an inexpensive and convenient method to produce high biomass quantities in indoor laboratory culture systems or outdoor ponds with minimal equipment investment.
Application Insights:
Algae cultivation for food, fertilizer and agar application is expected to register the fastest CAGR of XX% from 2018 to 2030 owing to rising demand for these products in countries such as China, Japan, and India. The increasing population has created a need for more land resulting in expansion of agriculture activities which is further driving growth of this industry.
The pollution control segment held the largest market share in 2017 due to extensive usage of micro algae as biofiltration mediums in water treatment plants across various regions including North America and Europe. Algae are also used extensively as a feedstock by companies operating within the sector such as PhytoGenics who offer proprietary energy production strains under ¢â‚¬Å“Renewable Energy & Bioprocessing¢â‚¬ brand name.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The presence of a large number of algae cultivators, availability of water bodies for cultivation, favorable climatic conditions, and rising awareness about biofuel production are some major factors driving regional growth.
The Asia Pacific region is home to several emerging economies such as China and India that have been making huge investments in research & development activities for developing new strains/strains with enhanced productivity or improved characteristics. In addition, countries such as Australia are also focusing on biotechnology-based algaculture owing to increasing concerns regarding depleting natural resources coupled with growing environmental pollution caused by conventional farming practices. These factors together are anticipated to boost regional demand over the forecast period.
Growth Factors:
- Increasing demand for algae-based products for various applications such as nutraceuticals, animal feed, biofuels, and cosmetics is expected to drive the growth of the biotechnology algae cultivation (micro algae) market.
- Rising awareness about the benefits of consuming microalgae is projected to boost the demand for these products in the near future.
- Growing research and development activities pertaining to microalgae are likely to provide new opportunities for players operating in this market during the forecast period.
- The increasing use of microalgae in wastewater treatment is anticipated to fuel market growth over the next few years.
Scope Of The Report
Report Attributes
Report Details
Report Title
Biotechnology Algae Cultivation (Micro Algae) Market Research Report
By Type
Euglenophyta (Euglenoids), Chrysophyta (Golden-Brown Algae and Diatoms), Pyrrophyta (Fire Algae), Chlorophyta (Green Algae), Rhodophyta (Red Algae), Paeophyta (Brown Algae), Xanthophyta (Yellow-Green Algae), Others
By Application
Food, Fertilizer and Agar, Pollution Control, Energy Production
By Companies
Cellana, Ecoduna, Algenol Biofuels, Solix Biofuels, Sapphire Energy, Solazyme, Seambiotic, LGem, Cyanotech, DENSO, Mialgae, Neoalgae
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
189
Number of Tables & Figures
133
Customization Available
Yes, the report can be customized as per your need.
Global Biotechnology Algae Cultivation (Micro Algae) Market Report Segments:
The global Biotechnology Algae Cultivation (Micro Algae) market is segmented on the basis of:
Types
Euglenophyta (Euglenoids), Chrysophyta (Golden-Brown Algae and Diatoms), Pyrrophyta (Fire Algae), Chlorophyta (Green Algae), Rhodophyta (Red Algae), Paeophyta (Brown Algae), Xanthophyta (Yellow-Green Algae), Others
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, Fertilizer and Agar, Pollution Control, Energy Production
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:
- Cellana
- Ecoduna
- Algenol Biofuels
- Solix Biofuels
- Sapphire Energy
- Solazyme
- Seambiotic
- LGem
- Cyanotech
- DENSO
- Mialgae
- Neoalgae
 Market Overview.svg)
Highlights of The Biotechnology Algae Cultivation (Micro Algae) 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:
- Euglenophyta (Euglenoids)
- Chrysophyta (Golden-Brown Algae and Diatoms)
- Pyrrophyta (Fire Algae)
- Chlorophyta (Green Algae)
- Rhodophyta (Red Algae)
- Paeophyta (Brown Algae)
- Xanthophyta (Yellow-Green Algae)
- Others
- By Application:
- Food
- Fertilizer and Agar
- Pollution Control
- Energy Production
- 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 Biotechnology Algae Cultivation (Micro Algae) 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
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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?
Biotechnology algae cultivation is the process of growing microalgae in a controlled environment. This can be done using a variety of methods, including photobioreactors and open-pond systems.
Some of the key players operating in the biotechnology algae cultivation (micro algae) market are Cellana, Ecoduna, Algenol Biofuels, Solix Biofuels, Sapphire Energy, Solazyme, Seambiotic, LGem, Cyanotech, DENSO, Mialgae, Neoalgae.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Biotechnology Algae Cultivation (Micro Algae) 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 Biotechnology Algae Cultivation (Micro Algae) Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Biotechnology Algae Cultivation (Micro Algae) 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 Biotechnology Algae Cultivation (Micro Algae) 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 Biotechnology Algae Cultivation (Micro Algae) Market Size & Forecast, 2018-2028
4.5.1 Biotechnology Algae Cultivation (Micro Algae) Market Size and Y-o-Y Growth
4.5.2 Biotechnology Algae Cultivation (Micro Algae) Market Absolute $ Opportunity
Chapter 5 Global Biotechnology Algae Cultivation (Micro Algae) 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 Biotechnology Algae Cultivation (Micro Algae) Market Size Forecast by Type
5.2.1 Euglenophyta (Euglenoids)
5.2.2 Chrysophyta (Golden-Brown Algae and Diatoms)
5.2.3 Pyrrophyta (Fire Algae)
5.2.4 Chlorophyta (Green Algae)
5.2.5 Rhodophyta (Red Algae)
5.2.6 Paeophyta (Brown Algae)
5.2.7 Xanthophyta (Yellow-Green Algae)
5.2.8 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Biotechnology Algae Cultivation (Micro Algae) 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 Biotechnology Algae Cultivation (Micro Algae) Market Size Forecast by Applications
6.2.1 Food
6.2.2 Fertilizer and Agar
6.2.3 Pollution Control
6.2.4 Energy Production
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Biotechnology Algae Cultivation (Micro Algae) 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 Biotechnology Algae Cultivation (Micro Algae) 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 Biotechnology Algae Cultivation (Micro Algae) Analysis and Forecast
9.1 Introduction
9.2 North America Biotechnology Algae Cultivation (Micro Algae) 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 Biotechnology Algae Cultivation (Micro Algae) Market Size Forecast by Type
9.6.1 Euglenophyta (Euglenoids)
9.6.2 Chrysophyta (Golden-Brown Algae and Diatoms)
9.6.3 Pyrrophyta (Fire Algae)
9.6.4 Chlorophyta (Green Algae)
9.6.5 Rhodophyta (Red Algae)
9.6.6 Paeophyta (Brown Algae)
9.6.7 Xanthophyta (Yellow-Green Algae)
9.6.8 Others
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 Biotechnology Algae Cultivation (Micro Algae) Market Size Forecast by Applications
9.10.1 Food
9.10.2 Fertilizer and Agar
9.10.3 Pollution Control
9.10.4 Energy Production
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 Biotechnology Algae Cultivation (Micro Algae) Analysis and Forecast
10.1 Introduction
10.2 Europe Biotechnology Algae Cultivation (Micro Algae) 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 Biotechnology Algae Cultivation (Micro Algae) Market Size Forecast by Type
10.6.1 Euglenophyta (Euglenoids)
10.6.2 Chrysophyta (Golden-Brown Algae and Diatoms)
10.6.3 Pyrrophyta (Fire Algae)
10.6.4 Chlorophyta (Green Algae)
10.6.5 Rhodophyta (Red Algae)
10.6.6 Paeophyta (Brown Algae)
10.6.7 Xanthophyta (Yellow-Green Algae)
10.6.8 Others
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 Biotechnology Algae Cultivation (Micro Algae) Market Size Forecast by Applications
10.10.1 Food
10.10.2 Fertilizer and Agar
10.10.3 Pollution Control
10.10.4 Energy Production
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 Biotechnology Algae Cultivation (Micro Algae) Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Biotechnology Algae Cultivation (Micro Algae) 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 Biotechnology Algae Cultivation (Micro Algae) Market Size Forecast by Type
11.6.1 Euglenophyta (Euglenoids)
11.6.2 Chrysophyta (Golden-Brown Algae and Diatoms)
11.6.3 Pyrrophyta (Fire Algae)
11.6.4 Chlorophyta (Green Algae)
11.6.5 Rhodophyta (Red Algae)
11.6.6 Paeophyta (Brown Algae)
11.6.7 Xanthophyta (Yellow-Green Algae)
11.6.8 Others
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 Biotechnology Algae Cultivation (Micro Algae) Market Size Forecast by Applications
11.10.1 Food
11.10.2 Fertilizer and Agar
11.10.3 Pollution Control
11.10.4 Energy Production
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 Biotechnology Algae Cultivation (Micro Algae) Analysis and Forecast
12.1 Introduction
12.2 Latin America Biotechnology Algae Cultivation (Micro Algae) 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 Biotechnology Algae Cultivation (Micro Algae) Market Size Forecast by Type
12.6.1 Euglenophyta (Euglenoids)
12.6.2 Chrysophyta (Golden-Brown Algae and Diatoms)
12.6.3 Pyrrophyta (Fire Algae)
12.6.4 Chlorophyta (Green Algae)
12.6.5 Rhodophyta (Red Algae)
12.6.6 Paeophyta (Brown Algae)
12.6.7 Xanthophyta (Yellow-Green Algae)
12.6.8 Others
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 Biotechnology Algae Cultivation (Micro Algae) Market Size Forecast by Applications
12.10.1 Food
12.10.2 Fertilizer and Agar
12.10.3 Pollution Control
12.10.4 Energy Production
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) Biotechnology Algae Cultivation (Micro Algae) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Biotechnology Algae Cultivation (Micro Algae) 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) Biotechnology Algae Cultivation (Micro Algae) Market Size Forecast by Type
13.6.1 Euglenophyta (Euglenoids)
13.6.2 Chrysophyta (Golden-Brown Algae and Diatoms)
13.6.3 Pyrrophyta (Fire Algae)
13.6.4 Chlorophyta (Green Algae)
13.6.5 Rhodophyta (Red Algae)
13.6.6 Paeophyta (Brown Algae)
13.6.7 Xanthophyta (Yellow-Green Algae)
13.6.8 Others
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) Biotechnology Algae Cultivation (Micro Algae) Market Size Forecast by Applications
13.10.1 Food
13.10.2 Fertilizer and Agar
13.10.3 Pollution Control
13.10.4 Energy Production
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 Biotechnology Algae Cultivation (Micro Algae) Market: Competitive Dashboard
14.2 Global Biotechnology Algae Cultivation (Micro Algae) Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Cellana
14.3.2 Ecoduna
14.3.3 Algenol Biofuels
14.3.4 Solix Biofuels
14.3.5 Sapphire Energy
14.3.6 Solazyme
14.3.7 Seambiotic
14.3.8 LGem
14.3.9 Cyanotech
14.3.10 DENSO
14.3.11 Mialgae
14.3.12 Neoalgae
