Nov 20, 2020   SOURCE: BusinessWire

Global Algae Oil Markets, 2012-2019 & 2020-2027: Focus on Fuel Grade, Food Grade, Biofuel, Dietary Supplement, Food & Beverage & Animal Feed - ResearchAndMarkets.com

The "Algae Oil - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.

Amid the COVID-19 crisis, the global market for Algae Oil estimated at US$1.6 Billion in the year 2020, is projected to reach a revised size of US$1.9 Billion by 2027, growing at a CAGR of 2.9% over the analysis period 2020-2027.

Fuel Grade, one of the segments analyzed in the report, is projected to record a 3.2% CAGR and reach US$963.3 Million by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Food Grade segment is readjusted to a revised 2.7% CAGR for the next 7-year period.

The U.S. Market is Estimated at $421.9 Million, While China is Forecast to Grow at 5.3% CAGR

The Algae Oil market in the U.S. is estimated at US$421.9 Million in the year 2020. China, the world's second largest economy, is forecast to reach a projected market size of US$387.3 Million by the year 2027 trailing a CAGR of 5.3% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 0.7% and 2.1% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 1.4% CAGR.

Feed Grade Segment to Record 2.3% CAGR

In the global Feed Grade segment, USA, Canada, Japan, China and Europe will drive the 1.9% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$268.4 Million in the year 2020 will reach a projected size of US$306.7 Million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$261.8 Million by the year 2027, while Latin America will expand at a 3.1% CAGR through the analysis period.

The report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.

Competitors identified in this market include, among others:

  • Algae Floating Systems, Inc.
  • Algae Production Systems
  • Algix LLC
  • Cellana Inc.
  • Diversified Energy Corporation
  • Pond Technologies Inc.
  • TerraVia Holdings, Inc.

Key Topics Covered:

I. INTRODUCTION, METHODOLOGY & REPORT SCOPE

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

  • Global Competitor Market Shares
  • Algae Oil Competitor Market Share Scenario Worldwide (in %): 2019 & 2025
  • Impact of Covid-19 and a Looming Global Recession

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

4. GLOBAL MARKET PERSPECTIVE

  • Algae Oil Global Market Estimates and Forecasts in US$ Thousand by Region/Country: 2020-2027
  • Algae Oil Global Retrospective Market Scenario in US$ Thousand by Region/Country: 2012-2019
  • Algae Oil Market Share Shift across Key Geographies Worldwide: 2012 VS 2020 VS 2027
  • Fuel Grade (Oil Grade) World Market by Region/Country in US$ Thousand: 2020 to 2027
  • Fuel Grade (Oil Grade) Historic Market Analysis by Region/Country in US$ Thousand: 2012 to 2019
  • Fuel Grade (Oil Grade) Market Share Breakdown of Worldwide Sales by Region/Country: 2012 VS 2020 VS 2027
  • Food Grade (Oil Grade) Potential Growth Markets Worldwide in US$ Thousand: 2020 to 2027
  • Food Grade (Oil Grade) Historic Market Perspective by Region/Country in US$ Thousand: 2012 to 2019
  • Food Grade (Oil Grade) Market Sales Breakdown by Region/Country in Percentage: 2012 VS 2020 VS 2027
  • Feed Grade (Oil Grade) Geographic Market Spread Worldwide in US$ Thousand: 2020 to 2027
  • Feed Grade (Oil Grade) Region Wise Breakdown of Global Historic Demand in US$ Thousand: 2012 to 2019
  • Feed Grade (Oil Grade) Market Share Distribution in Percentage by Region/Country: 2012 VS 2020 VS 2027
  • Biofuel (Application) Demand Potential Worldwide in US$ Thousand by Region/Country: 2020-2027
  • Biofuel (Application) Historic Sales Analysis in US$ Thousand by Region/Country: 2012-2019
  • Biofuel (Application) Share Breakdown Review by Region/Country: 2012 VS 2020 VS 2027
  • Dietary Supplement (Application) Worldwide Latent Demand Forecasts in US$ Thousand by Region/Country: 2020-2027
  • Dietary Supplement (Application) Global Historic Analysis in US$ Thousand by Region/Country: 2012-2019
  • Dietary Supplement (Application) Distribution of Global Sales by Region/Country: 2012 VS 2020 VS 2027
  • Food & Beverage (Application) Sales Estimates and Forecasts in US$ Thousand by Region/Country for the Years 2020 through 2027
  • Food & Beverage (Application) Analysis of Historic Sales in US$ Thousand by Region/Country for the Years 2012 to 2019
  • Food & Beverage (Application) Global Market Share Distribution by Region/Country for 2012, 2020, and 2027
  • Animal Feed (Application) Global Opportunity Assessment in US$ Thousand by Region/Country: 2020-2027
  • Animal Feed (Application) Historic Sales Analysis in US$ Thousand by Region/Country: 2012-2019
  • Animal Feed (Application) Percentage Share Breakdown of Global Sales by Region/Country: 2012 VS 2020 VS 2027

For more information about this report visit https://www.researchandmarkets.com/r/u84567