Algae-based Animal Feed and Ingredients Market to grow by USD 750.65 million|Key Drivers and Market Forecasts|17000+ Technavio Research Reports - PRNewswire

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Impact of COVID-19

The COVID-19 pandemic continues to transform the growth of various industries; however, the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities. COVID-19 will have a high impact on the algae-based animal feed and ingredients market.

Frequently Asked Questions:

Based on segmentation by the product, which is the leading segment in the market?
Feed is the leading segment in the market.
At what rate is the market projected to grow?
The market is projected to accelerate at a CAGR of almost 6%.
Who are the top players in the market?
Algea, Alltech Inc., Archer Daniels Midland Co., btsa biotecnologias aplicadas S.I., Cellana Inc., Corbion NV, Cyanotech Corp., Duplaco BV, Koninklijke DSM NV, and Omega Sea LLC are the top players in the market.
What are the key market drivers and challenges?
The market is driven by the increasing meat and dairy production and consumption. However, the high cost associated with algal biomass and technical difficulties will impede the growth of the market.
How big is the APAC market?
42% of the market's growth will originate from APAC during the forecast period.

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The market is concentrated, and the degree of concentration will accelerate during the forecast period. Algea, Alltech Inc., Archer Daniels Midland Co., btsa biotecnologias aplicadas S.I., Cellana Inc., Corbion NV, Cyanotech Corp., Duplaco BV, Koninklijke DSM NV, and Omega Sea LLC are some of the major market participants. Although factors such as the increasing meat and dairy production and consumption, the rich nutritional sources in aquaculture products, and the advent of biotechnology in preserving algae products will offer immense growth opportunities, the high cost associated with algal biomass and technical difficulties is likely to pose a challenge for the market vendors. In a bid to help players strengthen their market foothold, this algae-based animal feed and ingredients market forecast report provides a detailed analysis of the leading market vendors. The report also empowers industry honchos with information on the competitive landscape and insights into the different product offerings offered by various companies.

Technavio's custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets, upcoming vaccines and pipeline analysis, and significant developments in vendor operations and government regulations.

Algae-based Animal Feed and Ingredients Market 2021-2025: Segmentation

Algae-based Animal Feed and Ingredients Market is segmented as below:

Product

Feed
Feed Ingredient

Distribution Channel

Offline
Online

Application

Poultry
Swine
Ruminant
Aquaculture

Geography

APAC
North America
Europe
South America
MEA

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Algae-based Animal Feed and Ingredients Market 2021-2025: Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The algae-based animal feed and ingredients market report covers the following areas:

Algae-based Animal Feed and Ingredients Market Size
Algae-based Animal Feed and Ingredients Market Trends
Algae-based Animal Feed and Ingredients Market Industry Analysis

This study identifies the advent of biotechnology in preserving algae products as one of the prime reasons driving the Algae-based Animal Feed and Ingredients Market growth during the next few years.

Algae-based Animal Feed and Ingredients Market 2021-2025: Key Highlights

CAGR of the market during the forecast period 2021-2025
Detailed information on factors that will assist algae-based animal feed and ingredients market growth during the next five years
Estimation of the algae-based animal feed and ingredients market size and its contribution to the parent market
Predictions on upcoming trends and changes in consumer behavior
The growth of the algae-based animal feed and ingredients market across APAC, North America, Europe, South America, and MEA
Analysis of the market's competitive landscape and detailed information on vendors
Comprehensive details of factors that will challenge the growth of algae-based animal feed and ingredients market vendors

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Table of Contents:

Executive Summary

Market Landscape

Market ecosystem
Value chain analysis

Market Sizing

Market definition
Market segment analysis
Market size 2020
Market outlook: Forecast for 2020- 2025

Five Forces Analysis

Five Forces Analysis
Bargaining power of buyers
Bargaining power of suppliers
Threat of new entrants
Threat of substitutes
Threat of rivalry
Market condition

Market Segmentation by Product

Market segments
Comparison by Product
Feed - Market size and forecast 2020-2025
Feed ingredient - Market size and forecast 2020-2025
Market opportunity by Product

Market Segmentation by Application

Market segments
Comparison by Application
Poultry - Market size and forecast 2020-2025
Swine - Market size and forecast 2020-2025
Ruminant - Market size and forecast 2020-2025
Aquaculture - Market size and forecast 2020-2025
Market opportunity by Application

Market Segmentation by Distribution channel

Market segments
Comparison by Distribution channel
Offline - Market size and forecast 2020-2025
Online - Market size and forecast 2020-2025
Market opportunity by Distribution channel

Customer landscape

Geographic Landscape

Geographic segmentation
Geographic comparison
APAC - Market size and forecast 2020-2025
North America - Market size and forecast 2020-2025
Europe - Market size and forecast 2020-2025
South America - Market size and forecast 2020-2025
MEA - Market size and forecast 2020-2025
Key leading countries
Market opportunity by geography
Market drivers
Market challenges
Market trends

Vendor Landscape

Vendor landscape
Landscape disruption

Vendor Analysis

Vendors covered
Market positioning of vendors
Algea
Alltech Inc.
Archer Daniels Midland Co.
btsa biotecnologias aplicadas S.I.
Cellana Inc.
Corbion NV
Cyanotech Corp.
Duplaco BV
Koninklijke DSM NV
Omega Sea LLC

Appendix

Scope of the report
Currency conversion rates for US$
Research methodology
List of abbreviations

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