Market Overview:
The global Chondrus Crispus (Algae) Extract market is expected to register a CAGR of 5.8% during the forecast period, 2018-2030. The market growth can be attributed to the increasing demand for Chondrus Crispus (Algae) Extract in food and nutritional supplements applications. North America is expected to dominate the global Chondrus Crispus (Algae) Extract market during the forecast period, owing to the presence of key players in this region and rising demand for natural ingredients in food products.
Product Definition:
Chondrus Crispus Extract is an extract from a type of red algae called Chondrus crispus. This extract is used in skin care products to improve the appearance of the skin. It can be used to soften and hydrate the skin, as well as reduce the appearance of wrinkles and other signs of aging.
10:1 Extraction:
10:1 extraction is a process where the solubilized compounds are collected with the help of a filter, then evaporated to dryness under vacuum. The final product consists of an extract that contains most of the target compound in it with very low levels of impurities. This method has been used for thousands of years and was first described by Greek physician Pedacius Dioscorides (60-140 AD).
20:1 Extraction:
20:1 extraction is a process where the 20:1 ratio of omega-3 fatty acids to omega-6 fatty acids are extracted from chondrus crispus (algae) using supercritical CO2. The 20:1 ratio has been found to be more effective in treating Cardiovascular Diseases (CVDs), inflammatory and autoimmune diseases, cancer, and other health problems.
Application Insights:
The global market is segmented by application into food, nutritional supplement and cosmetics. The food application dominated the overall industry in terms of revenue share at over 60% in 2017. Chondrus crispus (carrageenan) extract is used as a dietary fiber source and to improve the digestive system functioning. It also helps reduce cholesterol levels, prevent heart diseases and control diabetes among other health benefits.
Nutritional supplements are expected to be one of the fastest-growing segments during the forecast period owing to increasing awareness about healthy lifestyle practices among consumers globally.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to witness a growth rate of 5.6% over the forecast period, owing to rising consumer awareness regarding health benefits associated with algae-derived products and increasing demand for natural cosmetics and personal care products in U.S., Mexico, and Canada.
Growth Factors:
- Increasing demand for natural and organic products
- Rising awareness about the health benefits of Chondrus Crispus (Algae) Extract
- Growing popularity of algae-based supplements and cosmetics
- Proliferation of online retail channels
- Rising investment in research and development
Scope Of The Report
Report Attributes
Report Details
Report Title
Chondrus Crispus (Algae) Extract Market Research Report
By Type
10:1 Extraction, 20:1 Extraction, 30:1 Extraction
By Application
Food, Nutritional Supplement, Cosmetic
By Companies
The Garden of Naturalsolution, Givaudan Active Beauty, Lipotec, Exsymol, CP Kelco, Green Source Organics, Codif, Presperse (Sumitomo Corporation), Carrubba
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
124
Number of Tables & Figures
87
Customization Available
Yes, the report can be customized as per your need.
Global Chondrus Crispus (Algae) Extract Market Report Segments:
The global Chondrus Crispus (Algae) Extract market is segmented on the basis of:
Types
10:1 Extraction, 20:1 Extraction, 30:1 Extraction
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, Nutritional Supplement, Cosmetic
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:
- The Garden of Naturalsolution
- Givaudan Active Beauty
- Lipotec
- Exsymol
- CP Kelco
- Green Source Organics
- Codif
- Presperse (Sumitomo Corporation)
- Carrubba
Highlights of The Chondrus Crispus (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:
- 10:1 Extraction
- 20:1 Extraction
- 30:1 Extraction
- By Application:
- Food
- Nutritional Supplement
- Cosmetic
- 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 Chondrus Crispus (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
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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?
Chondrus crispus (algae) extract is a natural product derived from the seaweed Chondrus crispus. It is a white to off-white powder that is soluble in water and has a characteristic odor of fresh seaweed.
Some of the major players in the chondrus crispus (algae) extract market are The Garden of Naturalsolution, Givaudan Active Beauty, Lipotec, Exsymol, CP Kelco, Green Source Organics, Codif, Presperse (Sumitomo Corporation), Carrubba.
The chondrus crispus (algae) extract market is expected to grow at a compound annual growth rate of 5.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Chondrus Crispus (Algae) Extract 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 Chondrus Crispus (Algae) Extract Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Chondrus Crispus (Algae) Extract 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 Chondrus Crispus (Algae) Extract 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 Chondrus Crispus (Algae) Extract Market Size & Forecast, 2018-2028 4.5.1 Chondrus Crispus (Algae) Extract Market Size and Y-o-Y Growth 4.5.2 Chondrus Crispus (Algae) Extract Market Absolute $ Opportunity
Chapter 5 Global Chondrus Crispus (Algae) Extract 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 Chondrus Crispus (Algae) Extract Market Size Forecast by Type
5.2.1 10:1 Extraction
5.2.2 20:1 Extraction
5.2.3 30:1 Extraction
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Chondrus Crispus (Algae) Extract 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 Chondrus Crispus (Algae) Extract Market Size Forecast by Applications
6.2.1 Food
6.2.2 Nutritional Supplement
6.2.3 Cosmetic
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Chondrus Crispus (Algae) Extract 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 Chondrus Crispus (Algae) Extract 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 Chondrus Crispus (Algae) Extract Analysis and Forecast
9.1 Introduction
9.2 North America Chondrus Crispus (Algae) Extract 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 Chondrus Crispus (Algae) Extract Market Size Forecast by Type
9.6.1 10:1 Extraction
9.6.2 20:1 Extraction
9.6.3 30:1 Extraction
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 Chondrus Crispus (Algae) Extract Market Size Forecast by Applications
9.10.1 Food
9.10.2 Nutritional Supplement
9.10.3 Cosmetic
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 Chondrus Crispus (Algae) Extract Analysis and Forecast
10.1 Introduction
10.2 Europe Chondrus Crispus (Algae) Extract 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 Chondrus Crispus (Algae) Extract Market Size Forecast by Type
10.6.1 10:1 Extraction
10.6.2 20:1 Extraction
10.6.3 30:1 Extraction
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 Chondrus Crispus (Algae) Extract Market Size Forecast by Applications
10.10.1 Food
10.10.2 Nutritional Supplement
10.10.3 Cosmetic
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 Chondrus Crispus (Algae) Extract Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Chondrus Crispus (Algae) Extract 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 Chondrus Crispus (Algae) Extract Market Size Forecast by Type
11.6.1 10:1 Extraction
11.6.2 20:1 Extraction
11.6.3 30:1 Extraction
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 Chondrus Crispus (Algae) Extract Market Size Forecast by Applications
11.10.1 Food
11.10.2 Nutritional Supplement
11.10.3 Cosmetic
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 Chondrus Crispus (Algae) Extract Analysis and Forecast
12.1 Introduction
12.2 Latin America Chondrus Crispus (Algae) Extract 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 Chondrus Crispus (Algae) Extract Market Size Forecast by Type
12.6.1 10:1 Extraction
12.6.2 20:1 Extraction
12.6.3 30:1 Extraction
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 Chondrus Crispus (Algae) Extract Market Size Forecast by Applications
12.10.1 Food
12.10.2 Nutritional Supplement
12.10.3 Cosmetic
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) Chondrus Crispus (Algae) Extract Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Chondrus Crispus (Algae) Extract 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) Chondrus Crispus (Algae) Extract Market Size Forecast by Type
13.6.1 10:1 Extraction
13.6.2 20:1 Extraction
13.6.3 30:1 Extraction
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) Chondrus Crispus (Algae) Extract Market Size Forecast by Applications
13.10.1 Food
13.10.2 Nutritional Supplement
13.10.3 Cosmetic
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 Chondrus Crispus (Algae) Extract Market: Competitive Dashboard
14.2 Global Chondrus Crispus (Algae) Extract Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 The Garden of Naturalsolution
14.3.2 Givaudan Active Beauty
14.3.3 Lipotec
14.3.4 Exsymol
14.3.5 CP Kelco
14.3.6 Green Source Organics
14.3.7 Codif
14.3.8 Presperse (Sumitomo Corporation)
14.3.9 Carrubba