City of Industry, CA -- (SBWIRE) -- 07/06/2018 -- This report studies the global Algae Products market status and forecast, categorizes the global Algae Products market size (value & volume) by key players, type, application, and region. This report focuses on the top players in North America, Europe, Asia-Pacific, South America, and Middle East & Africa.

Algae products are simple plants that can range from the microscopic (microalgae), to large seaweeds (macroalgae), such as giant kelp more than one hundred feet in length.

Algae products can be grown using water resources such as brackish-, sea-, and wastewater unsuitable for cultivating agricultural crops. When using wastewater, such as municipal, animal and even some industrial runoff, they can help in its treatment and purification, while benefiting from using the nutrients present.

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Algae products refer to simple plants that can range from the microscopic (microalgae), to large seaweeds (macroalgae), such as giant kelp more than one hundred feet in length. Algae products could be classified as eucheuma, laminaria japonica, gracilaria, undaria pinnatifida, porphyra and others, and mainly be applied in animal & aquaculture feed, biofuels & bioenergy, food, chemicals and others. At present, food industry is largest consumer of algae products, which occupied 33.60% market share in 2017.

The algae products industry is developing fast in last five years. The global production increased from 24580.7 K MT in 2013 to 28073.1 K MT in 2017, with the CAGR of 3.38%.

For aquaculture environment factor, this industry is distributed around coastline. As a result, China is the largest production base. As for the consumption region, China is also the largest consumer of algae products. In 2017, China consumed 11338.0 K MT algae products. Indonesia is the follower with about 20% consumption share.

The global revenue of algae products was valued at 6594.03 million USD in 2017, increase from 6387.42 million USD in 2013. Currently, as the downstream demand is rising, algae products are developing in steady growth.

The global Algae Products market is valued at xx million US$ in 2017 and will reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 2018-2025.

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The major manufacturers covered in this report

Weihai Shidai Marine Biotechnology

Shandong Lidao Oceanic Technology

Fujian Lianjiang Tianyuan Aquatic

Xunshan Group

Qingdao Gather Great Ocean Algae

Fujian Yiyuan Sea Food Company

Fujian Huangqiwan Sea Food Biotechnology

Rongcheng Lidao Chenfenzhuang Hongqiang Kelp Factory

Rongcheng Lidao Chenfenzhuang Weijian Kelp Factory

Rongcheng Yandunjiao Aquatic Company

Shandong Gaolv Aquatic Company

Shandong Haizhibao Technology

Matsumaeya

Shemberg

Karagen Indonesia

MCPI

Geographically, this report studies the key regions, focuses on product sales, value, market share and growth opportunity in these regions, covering

North America

Europe

China

Japan

Southeast Asia

India

On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into

Eucheuma

Laminaria Japonica

Gracilaria

Porphyra

Undaria Pinnatifida

Others

On the basis of the end users/applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate for each application, including

Animal & Aquaculture Feed

Biofuels & Bioenergy

Food

Chemicals

Others

About QY Research
QY Research established in 2007, focus on custom research, management consulting, IPO consulting, industry chain research, data base and seminar services. The company owned a large basic data base (such as National Bureau of statistics database, Customs import and export database, Industry Association Database etc), expert's resources (included energy automotive chemical medical ICT consumer goods etc.