Skip to main content

Algae Oil Market Segments, Trends Overview and 2025 Forecast

Rising algae oil use in biofuel applications such as biodiesel, jet fuel, aviation fuel, and gasoline, will augment growth over the next nine years. The Global Algae Oil Market is expected to reach USD $2.09 billion by 2025, according to a new report by Grand View Research, Inc.


The algae oil is being employed in food & beverage applications as a natural source of omega-3, fatty acids, antioxidants, and proteins. Rising demand from the food & beverage sector on account of its low fat content is expected to have positive impact on the market. Growing awareness about the naturally obtained supplements is expected to fuel its demand in the dietary supplement market which in turn will fuel the overall market growth.

Rising demand from the animal feed sector can be attributed to its higher nutritional content as compared to the grain feed. The algae production & harvesting requires comparatively lower amount of water & land as compared to the land crops grown for animal feed. These factors would cumulatively drive the market from 2015 to 2025.

To Know More About Algae Oil Market Please Visit Us @ https://www.grandviewresearch.com/industry-analysis/algae-oil-market

However, the higher price of algae oil than conventional oil may challenge the market growth over the forecast period. Apart from this, specific parameters required for the growth of algae, which imply a high production cost, results in increased product price. These factors may restrain the industry development over the forecast period.

Top Players of Algae Oil Market:

Key participants include TerraVia Holdings, Inc, Diversified Energy Corporation, Algix, LLC, and Cellana Inc.

Market Segmentation of Algae Oil Market:

The Global Algae Oil Market segmented on the basis of Grade, Application and Region.

By Grade:

    Fuel Grade
    Food Grade
    Feed Grade

By Application:

    Biofuel
    Dietary Supplement
    Food & Beverage
    Animal Feed

By Region:

    North America
    Europe
    Asia Pacific
    South & Central America
    Middle East and Africa

Inquire about Algae Oil Market with Our Experts @ https://www.grandviewresearch.com/inquiry/4085
Labels:

Comments

Post a Comment

Popular posts from this blog

North America Calcium Carbonate Market Outlook, Research, Trends and Forecast to 2025

Rising demand in various end-use industries such as paper, building, and construction, plastic, etc. is expected to support the demand for calcium carbonate in upcoming years. Further, growth of manufacturing and construction sectors in Asia Pacific and the Middle East is supposed to boost the product demand. The North America Calcium Carbonate Market is expected to reach USD 9.19 billion by 2025, according to a new report by Grand View Research, Inc.   The industrial filler is expected to emerge as the largest as well as fastest growing application segment. The demand is likely to increase further owing to diversified application base of calcium carbonate as fillers in various end-use industries. Another application segment is likely to emerge as the second largest application segment. Papers coated with calcium carbonate may create problems during production, as adhesives do not stay on these papers. Excessive calcium carbonate consumption through food supplements is har...
Post a Comment
Read more

Electronic Adhesives Industry: Global Survey, Trend Overview and 2022 Forecast

Electronic adhesives have enhanced intrinsic conductive and thermal properties which enable them to substitute soldering systems. Increasing significance of compact devices including flash drives, CDs, and communication drives is expected to drive demand over the forecast period. The Global Electronic Adhesives Market is expected to reach USD 7.80 billion by 2022, according to a new report by Grand View Research, Inc.   Shift in trend toward miniaturization of electronic components has created need for these adhesives. Replacement of PCBs with multi-chip modules has also prompted product demand. PCBs are laminated plastic boards that utilized these adhesives in surface-mount components, bonding conformal coatings, wire tacking and encapsulating components. High installation costs for laminating & packaging machinery and product assembly are expected to remain key challenges for industry participants. Electrically conductive adhesives emerged as the largest product segm...
Post a Comment
Read more

Colored Polyurethane (PU) Foams Market Outlook and Global Foresight to 2022

The market is expected to be driven by increasing developments in electronic appliances, automotive, footwear and packaging industries. Growing demand for high performance materials from automotive industry is expected to drive global colored PU foams market over the forecast period. The Global Colored Polyurethane (PU) Foams Market is expected to reach USD 20.33 billion by 2022, according to a new report by Grand View Research, Inc. Increasing construction spending in Asia Pacific is also expected to have a positive influence on the market growth. Volatile MDI/TDI prices are expected to challenge market profitability. Flexible colored PU foams were the leading product segment and accounted for over 55% of total market volume in 2014. They are widely used for cushioning applications mainly in furniture & interiors and packaging industries. Rigid PU foams are expected to witness the highest growth of 5.2% from 2015 to 2022. Growing demand for insulation products acros...
Post a Comment
Read more