Algae Oil Market: Global Industry Perspective, Comprehensive Analysis and Forecast, 2018 – 2024

Request Brochure Request Discount

Report Code: ZMR-3023 | Report Format : | Status : Upcoming |

Abstract

Global Algae Oil Market: Overview

Algae oil is extracted directly from algae and is a major source of omega-3 fatty acids. Mostly algae grow utilizing photosynthesis while some algae grow in dark utilizing sugar starch. A nonrenewable fuel like petroleum has been used for centuries and its usage has kept on increasing gradually. In addition, it contributes to increased production of greenhouse gases too.

Algae oil can be processed into biodiesel, jet fuel, & biocrude. New technologies are coming online that have potential to drive down the cost significantly to produce algae oil so that it is competitive with the market.

Global Algae Oil Market: Growth Factors

The global algae oil market is growing at a rapid pace and is expected to observe robust growth over the forecasting years. Rising potential of algae oil due to its potential as a vegetarian source of omega-3 fatty acids and DHA is suspected to impel the growth of algae oil market over the forecast period.

The major factors driving the growth of the global oil market is rising demand of various companies in food &beverages and dietary supplement. Algae oil is used in the economic sector for production of biofuel. Higher pricing of algae oil is a leg puller that challenges the growth of the global algae oil market.

Global Algae Oil Market: Segmentation

On the basis of applications, it is segmented into biofuel, dietary supplement, food & beverage, and animal feed. Furthermore, on the based on grade, it is categorized into fuel, food & feed.

Global Algae Oil Market: Regional Analysis

At present North America holds the maximum share by revenue perspective in algae oil market. High market attractiveness is observed in this region. Furthermore, it is expected to grow at a high CAGR during the period of forecast thereby dominating the global market by region followed by Europe. The Asia Pacific excluding Japan region is predicted to show the highest growth rate among other regions during the forecast period.

Global Algae Oil Market: Competitive Players

Cargill Alking Bio Engineering , Ranke Biological Company, Royal DSM, Luna Group LTD, Rishom International Group, Hubei Fuxing Biotechnology and others.

Global Algae Oil Market: Regional Segment Analysis

  • North America
    • The U.S.
  • Europe
    • The UK
    • France
    • Germany
  • The Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • The Middle East and Africa

What Reports Provides

  • Full in-depth analysis of the parent market
  • Important changes in market dynamics
  • Segmentation details of the market
  • Former, on-going, and projected market analysis in terms of volume and value
  • Assessment of niche industry developments
  • Market share analysis
  • Key strategies of major players
  • Emerging segments and regional markets
  • Testimonials to companies in order to fortify their foothold in the market.

Related Reports

Silicon Tetrachloride Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2018–2026

Price : $ 3999.00 | Report Code: ZMR-3449 | Report Format:

Global Silicon Tetrachloride Market: Overview Silicon tetrachloride is an inorganic and colorless compound. It has volatile characteristics. Its chemical formula is SiCl4. Silicon tetrachloride is mainly used as an intermediary for manufacturing polysilicon, which is a hyper-pure type of silicon...Read More

Electronic Cleaning Solvents Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2018–2026

Price : $ 3999.00 | Report Code: ZMR-3447 | Report Format:

Global Electronic Cleaning Solvents Market: Overview The consumers preference for using high-tech electronic devices has seen an exponential growth in the recent times. This, in turn, has created several opportunities for the manufacturers of the related markets. The electronic cleaning solvents...Read More

Fiber Reinforced Composites (FRC) Market: by Product (Short Fiber-Reinforced Composites and Long Fiber/Continuous Reinforced Composites), by Fiber Type (Glass, Carbon, and Aramid), by Matrix (Polymer Matrix, Metal Matrix, and Non-metal Matrix) by End-user (Automotive, Building & Construction, Aerospace, Electrical & Electronics, Marine, Sports & Leisure, and Other End-User Industries): Global Industry Perspective, Comprehensive Analysis and Forecast, 2017 – 2024

Oct-2018 | Price : $ 4899.00 | Pages: 110 | Report Code: ZMR-3445 | Report Format:

The report of fiber reinforced composites (FRC) market provides the comprehensive glance on global and regional level. The study provides historic data of 2015 to 2017 along with a forecast from 2018 to 2024 based on revenue and volume. The study includes major driving forces and restraints for th...Read More

Formulation Additives Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026

Price : $ 3999.00 | Report Code: ZMR-3443 | Report Format:

Global Formulation Additives Market: Overview Substances that are used in small amounts for formulations, such as adhesives, coatings, etc., to modify or improve one or more characteristics are called formulation additives. The global growth of the formulation additives market can be attributed ...Read More

Dimethylolpropionic Acid (DMPA) Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026

Price : $ 3999.00 | Report Code: ZMR-3442 | Report Format:

Global Dimethylolpropionic Acid (DMPA) Market: Overview Dimethylolpropionic acid refers to a diol molecule that comprises one carboxylic group and two hydroxyl groups. It is a white crystalline solid that is free flowing in nature. The carboxylic group is less reactive in nature; hence the DMPA ...Read More

Download Brochure
Why Choose Us ?

24/5 Research support

Resolved your research queries from industry expert. Request for a free research sample before report purchase.

Custom research service

Ask the Analyst to customize an exclusive study to serve your research needs.

Quality & Accuracy

Zion Market Research reports offers best quality reports based on various authentic and accurate data findings.

Customer Satisfaction

We ensure that our client's all research needs are met with customized, in-depth analysis solutions.

Information security

We never share your personal and confidential information. Your personal information is safe and secure with us.