Algae Oil Market Analysis, landscape & Growth Prospects

Global algae oil market to grow at a CAGR of 3.92% during the period 2017-2021.Algae oil is derived from algae, one type of microscopic plant found in various aquatic environments such as freshwater and marine. Algae oil is a vegetarian oil, and it contains omega-3 fatty acids and docosahexaenoic acid (DHA). It is popular as a vegetarian alternative to the fish oil. Because of the nutritional properties, it can be used in various applications like biofuel, animal feed, food and beverage, and others. Cooking oil, milk, sauces, and dressings are also fortified with algae oil.

Covered in this report

The report covers the present scenario and the growth prospects of the global algae oil market for 2017-2021. To calculate the market size, the report considers the sales of algae oil for various applications such as biofuel, animal feed, and other applications, including food and beverage, cosmetics and personal care products, and dietary supplements across the world.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA

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Global Algae Oil Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors

  • Algae Floating Systems
  • Cellana
  • Henry Lamotte OILS
  • TerraVia Holdings
  • Algaecytes
  • Archer Daniels Midland Company
  • Goerlich Pharma
  • Polaris
  • Renewable Algal Energy (RAE)

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Market driver

  • Health benefits associated with algae oil
  • For a full, detailed list, view our report

Market challenge

  • Production challenges related to algae oil
  • For a full, detailed list, view our report

Market trend

  • Growing demand for naturally obtained health supplements
  • For a full, detailed list, view our report

Key questions answered in this report

  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?

About us
Hexa Reports is a market research and consulting organization, offering industry reports, custom research and consulting services to a host of key industries across the globe. We offer comprehensive business intelligence in the form of industry reports which help our clients obtain clarity about their business environment and enable them to undertake strategic growth initiatives.

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