Top Companies in Algae Market | Key Players Growth Analysis, Statistics, Future Scope, Market Demand | Vantage Market Research
Algae are oxygen-exhaling, photosynthetic, unicellular, or multicellular microorganisms. These characteristics make it easier for Algae to absorb carbon dioxide and gather essential vitamins, minerals, and nutrients.
Coralia.Joe
Market Overview:
The Global Algae Market was valued at USD 19.8 Billion in the year 2021 and is forecast to reach a value of USD 36 Billion by the year 2028. The Global Market is anticipated to grow to exhibit a Compound Annual Growth Rate (CAGR) of 10.5% over the forecast period. Algae are photosynthetic eukaryotic organisms that develop in watery environments and produce biomass using light and carbon dioxide (CO2). The market for macroalgae and microalgae food is steadily increasing due to the functional benefits beyond typical health and nutrition considerations. Furthermore, algae can provide a higher oil production when compared to biofuel feedstock such as sorghum, maize stalks, beets, and corn. As a result, the worldwide algae market has a lot of room for expansion. In addition, manufacturers' increasing research and development activities are projected to drive market expansion.
Major factors predicted to go the growth of the worldwide Algae during the forecast period include rising demand for reliable, sustainable, and low-cost energy sources to alleviate the petroleum supply chain and fulfill growing requests from the aviation and automotive sectors. In addition, the need for algae in the plastic industry, which is used to make biodegradable plastic, is fueling market expansion. Over the forecast period, increasing use of algae in different applications such as food & drinks, pharmaceuticals, nutraceuticals, cosmetics, fertilizer, and others are expected to drive demand for algae.
Get Access to Our Free Sample Report: https://www.vantagemarketresearch.com/algae-market-1711/request-sample
Some of the key players operating in the Algae Market are listed below:
|
Company Name |
Revenue in the US |
|
$34 Million |
|
$7 Billion |
|
$1 Billion |
|
$153 Million |
|
$86 Billion |
|
$134 Billion |
|
$22 Billion |
|
$1 Billion |
|
$1 Billion |
|
<$5 Million |
Cyanotech Corporation is a micro-algae producing company leasing land in the Natural Energy Lab of Hawaii on the Kona Coast island of Hawaii. The Company produces BioAstin Natural Astaxanthin and Hawaiian Spirulina Pacifica. The Company was founded in 1983 and had its headquarters in Hawaii, United States. As a world leader in producing high-value natural products derived from microalgae, they are guided by the principle of providing high-quality microalgae products for health and human nutrition in a sustainable, reliable, and environmentally sensitive operation.
DIC Corporation is a Japanese chemical company specializing in developing, manufacturing, and selling links, pigments, polymers, specialty plastics, compounds, and biochemical. The Company was founded in 1908 and had its headquarters in Japan. DIC has capitalized on its capabilities in organic pigments and synthetic resins to build a broad portfolio in various markets such as Automotive, electronics, housing, and foods. DIC operates in over more than 60 countries around the world today.
Corbion N.V., formerly Centrale Suiker Maatschappij N.V., is a Dutch food and biochemical company headquartered in Amsterdam, Netherlands. It produces bioingredient-based foods, chemicals derived from organic acids, and lactic acid-based solutions for the food, chemical and pharmaceutical industries. The Company was founded in the year 1919. In 2021, Corbion generated annual sales of € 1.070,8 million and had a workforce of 2,493 FTE. Corbion is listed on Euronext Amsterdam.
Valagro SPA produces and distributes nutritional solutions for the agriculture sector. The Company offers farm products, including fertilizers, micronutrients, pesticides, and other agricultural chemicals. Valagro markets products internationally. Valagro is a leader in producing and commercializing biostimulants and specialty nutrients. The Company was founded in 1980 and is headquartered in Atessa, (C.H.).
BASF SE is a German multinational chemical company and the largest chemical producer in the world. Its headquarters is located in Ludwigshafen, Germany, and was founded in 1865. BASF SE Company operates in 6 segments: chemicals, plastics, performance products, functional solutions, agricultural solutions, and oil and gas. BASF offers products for the construction, agriculture, oil, plastics, electrical, electronics, chemical, automotive, furniture, and paper industries and provides a vast range of system solutions and services.
Cargill, Inc. is an American global food corporation that is privately held and based in Minnetonka, Minnesota, and incorporated in Wilmington, Delaware. Founded in 1865, it is the largest privately held corporation in the United States in terms of revenue. Cargill, Incorporated provides agricultural products. The Company produces grains and oilseeds, provides farmer services and risk management solutions, and offers animal nutrition, biofuels, meat and poultry, food, and industrial products. Cargill serves customers worldwide
DuPont de Nemours, Inc., commonly known as DuPont, Headquartered in Wilmington, Delaware, United States, is an American company formed by the merger of Dow Chemical and E. I. du Pont de Nemours and Company on August 31, 2017, and the subsequent spinoffs of Dow Inc. and Corteva. Before the spinoffs, it was the world's largest chemical company in terms of sales.
Corbion N.V., formerly Centrale Suiker Maatschappij N.V., is a Dutch food and biochemical company founded in 1919 and headquartered in Amsterdam, Netherlands. It produces bio ingredient-based foods, chemicals derived from organic acids, and lactic acid-based solutions for the food, chemical and pharmaceutical industries. In 2021, Corbion generated annual sales of € 1.070,8 million and had a workforce of 2,493 FTE. Corbion is listed on Euronext Amsterdam.
Solabia-Algatech Nutrition is a renowned powerhouse for microalgae cultivation and a leading manufacturer of unique active ingredients that support health and well-being. Solabia-Algatech Nutrition is one of the few companies worldwide producing commercial-scale of high and consistent quality microalgae-sourced products. In addition, Columbia-Algatech Nutrition is a world leader in the production and supply of AstaPure, a premium natural astaxanthin - one of the world's most potent antioxidants sourced from the microalga Haematococcus Pluvialis. The Company was founded in 1998.
In a revolutionary closed and sustainable system, Jongerius Ecoduna is producing microalgae in Austria. Furthermore, in cooperation with customers and institutions, the Company develops and researches future applications and effects of microalgae and their ingredients. The Company was founded in the year 2010 and was incorporated in 2013.
Read Latest Blog Top Companies in Sports Betting Market: https://v-mr.biz/sports-betting-market
Do You Have Any Query or Specific Requirements? You may enquire to our sales team before purchase.
Contact us
Eric Kunz
6218 Georgia Avenue NW Ste 1 - 564
Washington DC 20011-5125
United States Tel: +1 202 380 9727
Email: [email protected]
