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Algae ingredients market: The products obtained from algae have a low sensory quality that is less acceptable to the end-user which is affecting the market growth Market Overview: Algae are commonly employed in the food industry owing to its wide range of various functional ingredients. Algae are high in essential oils such as omega 3 fatty acids and PUFA which is mainly employed in pharmaceutical and health food products. The world algae ingredients market was valued USD xx million in 2018 and expected to be growing at a CAGR of xx%, to reach USD xx million by 2023. Algae are a varied group of aquatic organisms capable of performing photosynthesis. Market drivers and restraints: The restraining factors of the algae ingredient market are the high production, downstream processing costs and health safety issues of algae-based products. The extraction of algae needs expensive, energy intensive processing technology that escalates the cost of production. Also, the products obtained from algae have a low sensory quality that is less acceptable to the enduser that is also affecting the market growth. The restraining factors of the algae ingredient market are the high production, downstream processing costs and health safety issues of algaebased products. The extraction of algae needs expensive, energy intensive processing technology which increases the cost of production. Also, the products obtained from algae have a low sensory quality that is less acceptable to the end-user that is also affecting the market growth. To know more, click on the link below: https://www.marketdataforecast.com/market-reports/algae-ingredients-market Report segmented as: By type: • • • • • •

omega 3 fatty acids carrageenan alginate agar beta-carotene others

By application: • • • •

food pharmaceuticals animal nutrition cosmetics


others

By source: • • • • •

green algae red algae blue-green algae brown algae others

Geographical analysis: On the basis of geography, the market is segmented into regions namely North America, Europe, Asia-Pacific, South America and Africa. North America holds the highest share in the market followed by Europe and Asia-Pacific. Nevertheless, the new growing markets of AsiaPacific such as China, Japan and India are growing at a faster rate. Important market players: The key players operating in the market are Solazyme Inc, Cargill, ADM, BASF and Cyanotech amongst others. View a sample and decide @ https://www.marketdataforecast.com/market-reports/algaeingredients-market/request-sample The Scope of the report: This report offers the current product and services market evaluation and the future estimation of the market. It helps us understand the market better through size anticipation and CAGR calculation to estimate the next market. It has a broader segmentation for better understanding of the enterprising of the market at a low level by segregating the market into smaller sectors. About Us: Market Data Forecast is a firm working in the areas of market research, business intelligence and consulting. We have rich experience in research and consulting for various business domains to cater to the needs of both individual and corporate clients. For more information: Abhishek Shukla Sales Manager at Market Data Forecast Email: abhishek@marketdataforecast.com Tel: +1-888-702-9626


Website: https://www.marketdataforecast.com/

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Algae Ingredients Market Growth and Forecast to 2024  

Algae Ingredients Market By Source Type (Green Algae, Red Algae, Blue Algae And Brown Algae), By Application (Food, Pharmaceuticals, Animal...

Algae Ingredients Market Growth and Forecast to 2024  

Algae Ingredients Market By Source Type (Green Algae, Red Algae, Blue Algae And Brown Algae), By Application (Food, Pharmaceuticals, Animal...

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