Algae Market to Rise at 7.39% CAGR as Biofuel Gains Demand with Increasing Use of Renewable Energy
The global algae market is predicted in a report by Transparency Market Research (TMR) to bear a largely consolidated vendor landscape with three key players securing a colossal aggregate share. Sapphire Energy Inc., Algenol, and Solazyme Inc. are the three companies that have showcased their prominence in the market. In order to cement their place in the market, players are expected to put high emphasis on building strong distribution channels. Other players such as Pond Biofuels Incorporated and Algae.Tec are...
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