Algaculture Market, By Type of Organism, By Application, By Cultivation Technology, By End Product Form, By Scale of Operation, By Harvesting Technique, By Strain Type, By Market Type, By Input Sources, By Geography

Description

The Global Algaculture Market size is projected to reach US$ 21.2 Bn by 2030, from US$ 8.14 Bn in 2023, at a CAGR of 14.6% during the forecast period.

Report Coverage		Report Details
Base Year:	2022	Market Size in 2023/2024:	US$ 8.14 Bn
Historical Data for:	2017 to 2021	Forecast Period:	2023 - 2030
Forecast Period 2023/2024 to 2030/2031 CAGR:	14.60%	2030/2031 Value Projection:	US$ 21.2 Bn

Figure 1. Global Algaculture Market Share (%), by Region, 2023

Algaculture, a sustainable practice, cultivates algae for various purposes. It harnesses algae's rapid growth and nutrient absorption to produce biofuels, food supplements, and even wastewater treatment. Algae's efficiency in carbon dioxide fixation also aids in mitigating climate change. The innovative approach holds promise for addressing energy and environmental challenges while promoting resource efficiency. Algaculture, also known as algaculture, is the farming of various species of algae. The majority of cultivated algae fall into the category of microalgae, with seaweed being a common macroalgae. Algae are used in various sectors, including food production, bioeconomy, and industrial applications. The cultivation of algae involves techniques such as aquaculture, and the harvested algae can be used in food, colorants, fertilizers, beauty products, and pharmaceuticals.

Algae cultures are available for experimentation and scientific purposes, and they can be used to model algae blooms and explore processes like photosynthesis

Algae culture, or algaculture, offers numerous benefits for the environment, economy, and human health. Some of the key advantages include:

Efficient nutrient utilization: Algae cultivation requires fewer fertilizers due to their efficient nature, which helps minimize nutrient loss and promotes sustainable agriculture
Carbon sequestration: Algae can absorb more CO2 and grow faster than plants, making them an effective tool for carbon capture and mitigating climate change
Wastewater treatment: Algae can be used to clean wastewater and runoff, as their minerals can bind to heavy metals and remove them from the water
Sustainable food production: Algae are a sustainable source of protein and nutrients, and they can be used in various food products, such as omega-3 fatty acid supplements, fertilizers, and livestock feed
Bioenergy production: Algae-based lipids can be converted into bio-kerosene, which can be blended with conventional jet fuel to reduce overall CO2 emissions
Pharmaceuticals and cosmetics: Algae can be used for the production of pharmaceuticals, cosmetics, and other bioproducts
Pollution control: Algae can be used to filter polluted water and promote sustainability in aquaculture systems
Research and development: Cultured algae serve as a valuable resource for research and development in various fields, such as microbots for targeted drug delivery and other potential medical applications

Market Dynamics:

Biofuels, food supplements, and aquaculture feed are anticipated to drive growth of the global algaculture market over the forecast period. Moreover, carbon capture is also expected to boost the growth of the global algaculture market over the forecast period. High-value products, sustainable packaging, biofertilizers, and human and animal nutrition are expected to create growth opportunities for the global algaculture market during the forecast period.

However, high production costs, scalability issues, technical challenges, and harvesting challenges are expected to hamper growth of the algaculture market over the forecast period.

Key features of the study:

This report provides in-depth analysis of the global algaculture market, and provides market size (US$ Bn) and compound annual growth rate (CAGR %) for the forecast period (2023-2030), considering 2022 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global algaculture market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies
Key companies covered as a part of this study include Algenol, Solazyme (TerraVia Holdings), Sapphire Energy, Cyanotech Corporation, Algae Systems, E.I.D. - Parry (India) Limited (Parry Nutraceuticals), Evonik Industries, Cargill, Incorporated, DIC Corporation (Spirulina production), Cellana
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
The global algaculture market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global algaculture market.

Algaculture Market Detailed Segmentation:

By Type of Organism:
- Microalgae
- Macroalgae (seaweeds)
By Application:
- Food & Dietary Supplements
- Pharmaceuticals
- Biofuels
- Animal & Aquaculture Feed
- Cosmetics
- Wastewater Treatment
- Others (including bioplastics, pigments, etc.)
By Cultivation Technology:
- Open Ponds
- Photobioreactors
- Fermenters
- Hybrid Systems
- Others
By End Product Form:
- Dry Biomass
- Liquid Extracts
- Powder
- Oil
By Scale of Operation:
- Commercial
- Research & Development
- Pilot
By Harvesting Technique:
- Centrifugation
- Flocculation
- Filtration
- Gravity Sedimentation
- Others
By Strain Type:
- Natural Strains
- Genetically Modified Strains
By Market Type:
- Bulk Products
- High-value Products
By Input Sources:
- Freshwater
- Marine Water
- Wastewater
By Region:
- North America
- Europe
- AsiaPacific
- Latin America
- Middle East & Africa
Company Profiles:
- Algenol
- Solazyme (TerraVia Holdings)
- Sapphire Energy
- Cyanotech Corporation
- Algae Systems
- E.I.D.- Parry (India) Limited (Parry Nutraceuticals)
- Evonik Industries
- Cargill, Incorporated
- DIC Corporation (Spirulina production)
- Cellana

Product Code: CMI6179

1. Research Objectives and Assumptions

Research Objectives
Assumptions
Abbreviations

2. Market Purview

Report Description
- Market Definition and Scope
Executive Summary
- Algaculture Market, By Type of Organism
- Algaculture Mraket ,By Application
- Algaculture Market , By Cultivation Technology
- Algaculture Market , By End Product Form
- Algaculture Market By Scale of Operation
- Algaculture Market , By Harvesting Technique
- Algaculture Market ,By Strain Type
- Algaculture Market ,By Market Type
- Algaculture Market , ByInput Sources
- Algaculture Market,By Region
Coherent Opportunity Map (COM)

3. Market Dynamics, Regulations, and Trends Analysis

Market Dynamics
- Drivers
Biofuels
Food Supplements
Aquaculture Feed
- Restraints
High Production Costs
Scalability Issues
Harvesting Challenges
- Opportunities
High-Value Products
Sustainable Packaging
Biofertilizers
Impact Analysis
Key Highlights
Regulatory Scenario
Product launch/Approvals
PEST Analysis
PORTER's Analysis
Merger and Acquisition Scenario

4. Algaculture Market - Impact of Coronavirus (COVID-19) Pandemic

COVID-19 Epidemiology
Supply Side and Demand Side Analysis
Economic Impact

5. Algaculture Market , By Type of Organism, 2018-2030, (US$ Bn)

Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2018 - 2030
- Segment Trends
Microalgae
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2030,(US$ Bn)
Macroalgae (seaweeds)
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Bn)

6. Algaculture Market , By Application, 2018-2030, (US$ Bn)

Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2018 - 2030
- Segment Trends
Food & Dietary Supplements
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2030,(US$ Bn)
Pharmaceuticals
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2030,(US$ Bn)
Biofuels
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2030,(US$ Bn)
Animal & Aquaculture Feed
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2030,(US$ Bn)
Cosmetics
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2030,(US$ Bn)
Wastewater Treatment
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2030,(US$ Bn)
Others (including bioplastics, pigments, etc.)
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2030,(US$ Bn)

7. Algaculture Market , By Cultivation Technology, 2018-2030, (US$ Bn)

Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2018 - 2030
- Segment Trends
Open Ponds
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2030,(US$ Bn)
Photobioreactors
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2030,(US$ Bn)
Fermenters
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2030,(US$ Bn)
Hybrid Systems
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2030,(US$ Bn)
Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2030,(US$ Bn)

8. Algaculture Market, By End Product Form, 2018-2030, (US$ Bn)

Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2018 - 2030
- Segment Trends
Dry Biomass
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2030,(US$ Bn)
Liquid Extracts
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2030,(US$ Bn)
Powder
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2030,(US$ Bn)
Oil
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2030,(US$ Bn)

9. Algaculture Market, By Scale of Operation, 2018-2030, (US$ Bn)

Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2018 - 2030
- Segment Trends
Commercial
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2030,(US$ Bn)
Research & Development
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2030,(US$ Bn)
Pilot
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2030,(US$ Bn)

10. Algaculture Market, By Harvesting Technique, 2018-2030, (US$ Bn)

Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2018 - 2030
- Segment Trends
Centrifugation
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2030,(US$ Bn)
Flocculation
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2030,(US$ Bn)
Filtration
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2030,(US$ Bn)
Gravity Sedimentation
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2030,(US$ Bn)
Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2030,(US$ Bn)

11. Algaculture Market , By Strain Type, 2018-2030, (US$ Bn)

Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2018 - 2030
- Segment Trends
Natural Strains
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2030,(US$ Bn)
Genetically Modified Strains
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2030,(US$ Bn)

12. Algaculture Market, By Market Type, 2018-2030, (US$ Bn)

Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2018 - 2030
- Segment Trends
Bulk Products
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2030,(US$ Bn)
High-value Products

13. Algaculture Market, By Input Sources, 2018-2030, (US$ Bn)

Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2018 - 2030
- Segment Trends
Freshwater
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2030,(US$ Bn)
Marine Water
Wastewater

14. Algaculture Market , ByRegion , 2018-2030, (US$ Bn)

Introduction
- Market Share Analysis, By Country, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, For Country 2018 -2030
- Country Trends
North America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Type of Organism, 2019-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2019-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Cultivation Technology, 2019-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End Product Form, 2019-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Scale of Operation, 2019-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Harvesting Technique, 2019-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Strain Type, 2019-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Market Type, 2019-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Input Sources, 2019-2030,(US$ Bn)
U.S
Canada
Europe
Germany
U.K.
Spain
France
Italy
Russia
Rest of Europe
Asia Pacific
China
India
Japan
South Korea
ASEAN
Rest of Asia Pacific
Latin America
Brazil
Argentina
Mexico
Rest of Latin America
Middle East & Africa
GCC Countries
Israel
South Africa
North Africa
Central Africa
Rest of Middle East

15. Competitive Landscape

Algenol
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Solazyme (TerraVia Holdings)
Sapphire Energy
Cyanotech Corporation
Algae Systems
I.D.- Parry (India) Limited (Parry Nutraceuticals)
Evonik Industries
Cargill, Incorporated
DIC Corporation (Spirulina production)
Cellana
Analyst Views

16. Section

Research Methodology
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