Microphytes or microalgae are microscopic algae, typically found in freshwater and marine systems living in both the water column and sediment. They are unicellular species which exist individually, or in chains or groups. Depending on the species, their sizes can range from a few micrometers (µm) to a few hundreds of micrometers. Unlike higher plants, microalgae do not have roots, stems, or leaves.
Scope of the Report:The global Microalgae industry mainly concentrates in USA, Europe, China and Japan. The global leading players in this market are DIC Corporation, Cyanotech Corporation, Algaetech Group, TAAU Australia, Fuqing King Dnarmsa Spirulina, Shengbada Biology, CBN, Green-A, Parry, Nutraceuticals, Hydrolina Biotech, Spirin, Chenghai Bao ER.
Currently, a major challenge affecting the market growth is the limitation of downstream market. As large demand of healthy products at home and abroad, many companies began to enter the field. Currently, the Microalgae industry is not only begin to transit to Microalgae products, while still extend in the resource-rich land and downstream industry chain.
The worldwide market for Microalgae is expected to grow at a CAGR of roughly 3.5% over the next five years, will reach 3790 million US$ in 2026, from 3090 million US$ in 2020, according to a new Our study.
This report focuses on the Microalgae in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
Market Segment by Manufacturers, this report covers DIC Corporation
Cyanotech Corporation
Algaetech Group
TAAU Australia
Fuqing King Dnarmsa Spirulina
Shengbada Biology
CBN
Green-A
Parry Nutraceuticals
Hydrolina Biotech
Spirin
Chenghai Bao ER
Market Segment by Regions, regional analysis covers North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers Spirulina
Chlorella
Arthrospira
Tetraselmis
Others
Market Segment by Applications, can be divided into Food
Feed (For Bivalves, For Shrimp, For Marine fish larvae, For zooplankton)
Pharmaceuticals
Biofuels
The content of the study subjects, includes a total of 15 chapters:Chapter 1, to describe Microalgae product scope, market overview, market opportunities, market driving force and market risks.
Chapter 2, to profile the top manufacturers of Microalgae, with price, sales, revenue and global market share of Microalgae in 2018 and 2019.
Chapter 3, the Microalgae competitive situation, sales, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Microalgae breakdown data are shown at the regional level, to show the sales, revenue and growth by regions, from 2015 to 2020.
Chapter 5, 6, 7, 8 and 9, to break the sales data at the country level, with sales, revenue and market share for key countries in the world, from 2015 to 2020.
Chapter 10 and 11, to segment the sales by type and application, with sales market share and growth rate by type, application, from 2015 to 2020.
Chapter 12, Microalgae market forecast, by regions, type and application, with sales and revenue, from 2020 to 2026.
Chapter 13, 14 and 15, to describe Microalgae sales channel, distributors, customers, research findings and conclusion, appendix and data source.
Frequently Asked Questions
The base year for the study has been considered 2019, historic year 2014 and 2018, the forecast period considered is from 2020 to 2027. The regions analyzed for the market include North America, Europe, South America, Asia Pacific, and Middle East and Africa. These regions are further analyzed at the country-level. The study also includes attractiveness analysis of type, application and regions which are benchmarked based on their market size, growth rate and attractiveness in terms of present and future opportunity for understanding the future growth of the market.
Market is segmented on the basis:
- By Type
- By Application
- By Region
- By Country
- By Manufacturer
The report offers in-depth analysis of driving factors, opportunities, restraints, and challenges for gaining the key insight of the market. The report emphasizes on all the key trends that play a vital role in the enlargement of the market from 2019 to 2026.
The report provides company profile of the key players operating in the market and a comparative analysis based on their business overviews industry offering, segment market share, regional presence, business strategies, innovations, mergers & acquisitions, recent developments, joint venture, collaborations, partnerships, SWOT analysis, and key financial information.
