DUBLIN--(BUSINESS WIRE)--The "Algae Fats - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.
Global Algae Fats Market to Reach $1.2 Billion by 2027
Amid the COVID-19 crisis, the global market for Algae Fats estimated at US$875.5 Million in the year 2020, is projected to reach a revised size of US$1.2 Billion by 2027, growing at a CAGR of 4.9% over the period 2020-2027.
Foods & Supplements, one of the segments analyzed in the report, is projected to record 5% CAGR and reach US$768.4 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 Pharmaceuticals & Therapeutics segment is readjusted to a revised 4.6% CAGR for the next 7-year period.
The U. S. Market is Estimated at $237.3 Million, While China is Forecast to Grow at 7.5% CAGR
The Algae Fats market in the U. S. is estimated at US$237.3 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$249.5 Million by the year 2027 trailing a CAGR of 7.5% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.7% and 4.4% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 3% CAGR.
The report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.
Competitors identified in this market include, among others:
- Archer Daniels Midland Company
- BASF SE
- Bunge Ltd.
- Corbion NV
- Cyanotech Corporation
- Royal DSM NV
Key Topics Covered:
I. INTRODUCTION, METHODOLOGY & REPORT SCOPE
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Global Competitor Market Shares
- Algae Fats Competitor Market Share Scenario Worldwide (in %): 2019 & 2025
- Impact of COVID-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
- Algae Fats Global Market Estimates and Forecasts in US$ Thousand by Region/Country: 2020-2027
- Algae Fats Global Retrospective Market Scenario in US$ Thousand by Region/Country: 2012-2019
- Algae Fats Market Share Shift across Key Geographies Worldwide: 2012 VS 2020 VS 2027
- Foods & Supplements (End-Use) Global Opportunity Assessment in US$ Thousand by Region/Country: 2020-2027
- Foods & Supplements (End-Use) Historic Sales Analysis in US$ Thousand by Region/Country: 2012-2019
- Foods & Supplements (End-Use) Percentage Share Breakdown of Global Sales by Region/Country: 2012 VS 2020 VS 2027
- Pharmaceuticals & Therapeutics (End-Use) Worldwide Sales in US$ Thousand by Region/Country: 2020-2027
- Pharmaceuticals & Therapeutics (End-Use) Historic Demand Patterns in US$ Thousand by Region/Country: 2012-2019
- Pharmaceuticals & Therapeutics (End-Use) Market Share Shift across Key Geographies: 2012 VS 2020 VS 2027
III. MARKET ANALYSIS
GEOGRAPHIC MARKET ANALYSIS
- Market Facts & Figures
- Algae Fats Market Share (in %) by Company: 2019 & 2025
- Market Analytics
- Algae Fats Latent Demand Forecasts in US$ Thousand by End-Use: 2020 to 2027
- Algae Fats Historic Demand Patterns by End-Use in US$ Thousand for 2012-2019
- Algae Fats Market Share Breakdown by End-Use: 2012 VS 2020 VS 2027
- Total Companies Profiled: 46
For more information about this report visit https://www.researchandmarkets.com/r/1tkeh3