Data Bridge Market Research analyses that the Asia-Pacific Microalgae Market was growing at a value of USD 159.65 million in 2022 and is expected to reach a value of USD 279.79 million and registering a CAGR of 7.4% from 2022 to 2030.

Industry Analysis

  • Microalgae are microscopic algae which are also called single-celled algae. They can either live independently or in the form of colonies. These are photosynthetic micro-organisms that reside in freshwater or salty water. According to their species, they can vary in size and shape whose size ranges from micrometers to hundred micrometers. The main function of microalgae is they convert sunlight, carbon dioxide and water into algal biomass. Microalgae are used in the food, nutraceuticals, feed and cosmetic industries, as well as it is also used to make paper ink. Microalgae have been considered the most promising in biodiesel feedstock and have been known as a third-generation feedstock. Microalgae are members of the larger group of phytoplankton.
  • Asia-Pacific microalgae market is growing tremendously in the North America region due to increased health concerns among consumers and the rising incidence of chronic diseases. The quality of the product of microalgae depends on various factors like algal biomass, specificity of strain and good extraction method. The different forms of microalgae, including blue-green microalgae (BGA), red microalgae and brown microalgae, are used to make useful products enriched with healthy nutrients. Increasing R&D investments in microalgae production and rising demand for an alternative food source due to the increased worldwide population have driven the market's growth. The high cost of extraction of essential components from algal biomass and the adverse impact of climatic variations on microalgae production restrain the market growth.

 

Some of the key questions answered in this report:

  1. What is the forecasted growth of this market?
  2. What will be the market value in the future?
  3. Which market segments are covered in this report?
  4. Which region dominates the market?

 

Asia-Pacific Microalgae Market Scope

The Asia-Pacific microalgae market is segmented into type, category, form, grade, application and distribution channel. The growth amongst these segments will help you analyze meager growth segments in the industries and provide the users with a valuable market overview and market insights to make strategic decisions to identify core market applications.

Type

  • Spirulina
  • Chlorella
  • Haematococcus Pluvialis
  • Dunaliella Salina
  • Isochrysis
  • Phaeodactylum Tricornutum
  • Chlamydomonas Cruentum
  • Nannochloropsis
  • Others

Based on type, the microalgae market is segmented into chlaspirulina, chlorella, haematococcus pluvialis, dunaliella salina, isochrysis, phaeodactylum tricornutum, chlamydomonas cruentum, nannochloropsis and others.

Category

  • Organic
  • Inorganic

Based on category, the microalgae market is segmented into organic and inorganic.

Form

  • Powder/ Dry
  • Liquid

Based on form, the microalgae market is segmented into powder/dry and liquid.

Grade

  • Food Grade
  • Cosmetic Grade
  • Feed Grade
  • Fuel Grade
  • Others

Based on grade, the microalgae market is segmented into food grade, cosmetic grade, feed grade, fuel grade and others.

Application

  • Dietary Supplements
  • Cosmetics & Personal
  • Food & Beverages
  • Pharmaceuticals
  • Animal Feed
  • Bio-Fuel
  • Inks
  • Others

Based on application, the microalgae market is segmented into dietary supplements, cosmetics & personal, food & beverages, pharmaceuticals, animal feed, bio-fuel, inks and others.

Distribution Channel

  • Direct
  • Indirect

Based on distribution channel, the microalgae market is segmented into direct and indirect.

 

Grab a sample copy of the report here: https://www.databridgemarketresearch.com/request-a-sample/?dbmr=asia-pacific-microalgae-market

 

Asia-Pacific Microalgae Market Regional Analysis/Insights

The microalgae market is analysed and market size insights and trends are provided by country, type, category, form, grade, application and distribution channel.

The countries covered in the global Asia-Pacific Microalgae Market report are

  • Japan
  • China
  • Australia
  • India
  • South Korea
  • Singapore
  • Indonesia
  • Thailand
  • Malaysia
  • Philippines
  • Rest of Asia-Pacific

 

Competitive Landscape and Asia-Pacific Microalgae Market Share Analysis

The microalgae market competitive landscape provides details of the competitors. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, Asia-Pacific presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, and application dominance. The above data points are only related to the companies focus on the Asia-Pacific microalgae market.

Some of the major players operating in the Asia-Pacific Microalgae market are:

  • Euglena Co. Ltd.
  • DIC CORPORATION
  • DSM
  • Cyanotech Corporation
  • Corbion
  • Far East Bio-Tec Co., Ltd.
  • Earthrise Nutritionals, LLC
  • AstaReal Co., Ltd.
  • BUGGYPOWER
  • Inner Mongolia Rejuve Biotech Co.,Ltd.
  • Algatech LTD.
  • AlgaEnergy S.A.
  • Parry Nutraceuticals
  • Heliae Development, LLC
  • Algarithm
  • Necton S.A.
  • Yemoja Ltd

Get Full Access of reports @

https://www.databridgemarketresearch.com/reports/asia-pacific-microalgae-market

 

MAJOR TOC OF THE REPORT

  • Chapter One: Introduction
  • Chapter Two: Market Segmentation
  • Chapter Three: Market Overview
  • Chapter Four: Executive Summary
  • Chapter Five: Premium Insights
  • Chapter Six: Asia-Pacific Microalgae Market by Product & Procedure type

Get TOC Details:

https://www.databridgemarketresearch.com/toc/?dbmr=asia-pacific-microalgae-market

 

Browse Related Reports @

Microalgae Market

Europe Microalgae Market

Middle East and Africa Microalgae Market

North America Microalgae Market

 

About Us:-
Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market

Contact:-
Data Bridge Market Research
Tel: +1-888-387-2818  
Email: [email protected]