NA Microalgae Market - Industry Trends and Forecast to 2030
Market Report I 2022-11-01 I 187 Pages I Data Bridge Market Research
North America microalgae market is projected to register a substantial CAGR of 6.6% in the forecast period of 2023 to 2030. The new market report contains data for the historic year 2021, the base year of calculation is 2022, and the forecast period is 2023 to 2030
Market Segmentation:
North America Microalgae Market, By Product Type (Chlamydomonas, Reinhardtii, Dunaliella Salina, Haematococcus Pluvialis, Isochrysis, Nannochloropsis, Phaeodactylum Tricornutum, Porphyridium Cruentum, Chlorella, Spirulina, and Others), Category (Organic and Inorganic), Form (Powder/Dry and Liquid), Grade (Food Grade, Feed Grade, Fuel Grade, Cosmetic Grade, and Others), Application (Food & Beverage, Dietary Supplements, Pharmaceuticals, Cosmetics & Personal Care, Bio-fuel, Inks, Animal Feed, and Others), Distribution Channel (Indirect and Direct), Country (U.S., Canada, and Mexico) Industry Trends and Forecast to 2030
The major contributing factor to Asia-Pacific microalgae market is
- Due to the wider range of product availability for consumers.
Market Players:
The key market players in North America microalgae market are listed below:
- Cyanotech Corporation
- Earthrise Nutritionals, LLC
- ALGATECH LTD
- Heliae Development, LLC
TABLE OF CONTENTS
1 INTRODUCTION 29
1.1 OBJECTIVES OF THE STUDY 29
1.2 MARKET DEFINITION 29
1.3 OVERVIEW OF NORTH AMERICA MICROALGAE MARKET 29
1.4 CURRENCY AND PRICING 31
1.5 LIMITATIONS 31
1.6 MARKETS COVERED 31
2 MARKET SEGMENTATION 34
2.1 MARKETS COVERED 34
2.2 GEOGRAPHICAL SCOPE 35
2.3 YEARS CONSIDERED FOR THE STUDY 36
2.4 DBMR TRIPOD DATA VALIDATION MODEL 37
2.5 MULTIVARIATE MODELING 40
2.6 TYPE LIFELINE CURVE 40
2.7 PRIMARY INTERVIEWS WITH KEY OPINION LEADERS 41
2.8 DBMR MARKET POSITION GRID 42
2.9 VENDOR SHARE ANALYSIS 44
2.10 MARKET END USER COVERAGE GRID 45
2.11 SECONDARY SOURCES 46
2.12 ASSUMPTIONS 46
3 EXECUTIVE SUMMARY 47
4 PREMIUM INSIGHT 50
4.1 PATENT ANALYSIS 51
4.2 BRAND ANALYSIS 53
4.3 SUPPLY CHAIN ANALYSIS 57
4.3.1 OVERVIEW 57
4.4 MICROALGAE PRODUCTION PROCESS 58
4.5 VALUE CHAIN ANALYSIS 59
5 NORTH AMERICA MICROALGAE MARKET: LAWS AND REGULATIONS 61
6 MARKET OVERVIEW 65
6.1 DRIVERS 67
6.1.1 RISE IN AWARENESS AMONG CONSUMERS ABOUT THE WIDE HEALTH BENEFITS OF MICROALGAE PRODUCTS 67
6.1.2 DEVELOPMENT OF NEW INNOVATION AND TECHNOLOGY FOR MICROALGAE PRODUCTS 67
6.1.3 WIDE COVERAGE OF MICROALGAE IN DIFFERENT FIELDS SUCH AS COSMETICS, NUTRITION ETC 68
6.1.4 RISE IN THE FOCUS TOWARD PLANT-RICH DIET 70
6.2 RESTRAINTS 71
6.2.1 SIDE-EFFECTS RELATED TO MICROALGAE PRODUCTS 71
6.2.2 HIGH PRODUCTION COST 72
6.2.3 PRODUCTIVITY DEPENDS UPON CLIMATE 73
6.3 OPPORTUNITIES 74
6.3.1 INCREASE IN THE FUND FOR MICROALGAE PRODUCTION 74
6.3.2 RISE IN THE STRATEGIC INITIATIVES BY MARKET PLAYERS 74
6.3.3 RISE IN THE INTEREST IN BIODIESEL FEEDSTOCKS 75
6.4 CHALLENGES 76
6.4.1 COMPLICATIONS ASSOCIATED WITH MICROALGAE PRODUCTION 76
6.4.2 STRINGENT REGULATIONS RELATED TO MICROALGAE 76
6.4.3 DRAWBACKS OF THE DOWNSTREAM MARKET 78
7 NORTH AMERICA MICROALGAE MARKET, BY TYPE 79
7.1 OVERVIEW 80
7.2 SPIRULINA 83
7.3 CHLORELLA 83
7.4 HAEMATOCOCCUS PLUVIALIS 84
7.5 DUNALIELLA SALINA 85
7.6 ISOCHRYSIS 86
7.7 PHAEODACTYLUM TRICORNUTUM 86
7.8 CHLAMYDOMONAS REINHARDTII 87
7.9 PORPHYRIDIUM CRUENTUM 88
7.10 NANNOCHLOROPSIS 89
7.11 OTHERS 90
8 NORTH AMERICA MICROALGAE MARKET, BY CATEGORY 91
8.1 OVERVIEW 92
8.2 INORGANIC 95
8.3 ORGANIC 95
9 NORTH AMERICA MICROALGAE MARKET, BY FORM 97
9.1 OVERVIEW 98
9.2 POWDER/DRY 101
9.3 LIQUID 102
10 NORTH AMERICA MICROALGAE MARKET, BY FORM 103
10.1 OVERVIEW 104
10.2 FOOD GRADE 107
10.3 FEED GRADE 107
10.4 FUEL GRADE 108
10.5 COSMETIC GRADE 109
10.6 OTHERS 110
11 NORTH AMERICA MICROALGAE MARKET, BY APPLICATION 111
11.1 OVERVIEW 112
11.2 DIETARY SUPPLEMENTS 115
11.2.1 POWDER 116
11.2.2 SOFT GELS 116
11.2.3 CAPSULES 116
11.2.4 OTHERS 116
11.3 FOOD & BEVERAGES 116
11.3.1 MEAT & POULTRY 117
11.3.2 BAKERY & CONFECTIONERY 117
11.3.3 SNACKS 117
11.3.4 RTE MEALS 117
11.3.5 BEVERAGES 117
11.3.6 INFANT FORMULA 117
11.3.7 DAIRY PRODUCTS 117
11.4 ANIMAL FEED 118
11.4.1 AQUACULTURE 118
11.4.2 RUMINANT 119
11.4.3 SWINE 119
11.4.4 POULTRY 119
11.4.5 OTHERS 119
11.5 BIO-FUEL 119
11.6 COSMETICS & PERSONAL 119
11.6.1 SKIN CARE 120
11.6.2 HAIR CARE 120
11.7 INKS 121
11.8 PHARMACEUTICALS 121
11.9 OTHERS 122
12 NORTH AMERICA MICROALGAE MARKET, BY DISTRIBUTION CHANNEL 124
12.1 OVERVIEW 125
12.2 DIRECT 128
12.3 INDIRECT 128
13 NORTH AMERICA MICROALGAE MARKET, BY REGION 130
13.1 NORTH AMERICA 131
13.1.1 U.S. 139
13.1.2 CANADA 142
13.1.3 MEXICO 145
14 NORTH AMERICA MICROALGAE MARKET: COMPANY LANDSCAPE 148
14.1 COMPANY SHARE ANALYSIS: NORTH AMERICA 148
15 SWOT ANALYSIS 149
16 COMPANY PROFILE 150
16.1 EUGLENA CO., LTD. 150
16.1.1 COMPANY SNAPSHOT 150
16.1.2 REVENUE ANALYSIS 151
16.1.3 COMPANY SHARE ANALYSIS 151
16.1.4 PRODUCT PORTFOLIO 152
16.1.5 RECENT DEVELOPMENTS 152
16.2 DIC CORPORATION 154
16.2.1 COMPANY SNAPSHOT 154
16.2.2 REVENUE ANALYSIS 154
16.2.3 COMPANY SHARE ANALYSIS 155
16.2.4 PRODUCT PORTFOLIO 155
16.2.5 RECENT DEVELOPMENT 155
16.3 DSM 156
16.3.1 COMPANY SNAPSHOT 156
16.3.2 REVENUE ANALYSIS 156
16.3.3 COMPANY SHARE ANALYSIS 157
16.3.4 PRODUCT PORTFOLIO 157
16.3.5 RECENT DEVELOPMENT 157
16.4 CYANOTECH CORPORATION 158
16.4.1 COMPANY SNAPSHOT 158
16.4.2 REVENUE ANALYSIS 158
16.4.3 COMPANY SHARE ANALYSIS 159
16.4.4 PRODUCT PORTFOLIO 159
16.4.5 RECENT DEVELOPMENTS 159
16.5 CORBION 161
16.5.1 COMPANY SNAPSHOT 161
16.5.2 REVENUE ANALYSIS 161
16.5.3 COMPANY SHARE ANALYSIS 162
16.5.4 PRODUCT PORTFOLIO 162
16.5.5 RECENT DEVELOPMENTS 162
16.6 A4F ALGAE FOR FUTURE 164
16.6.1 COMPANY SNAPSHOT 164
16.6.2 PRODUCT PORTFOLIO 164
16.6.3 RECENT DEVELOPMENTS 164
16.7 ALGAENERGY 165
16.7.1 COMPANY SNAPSHOT 165
16.7.2 PRODUCT PORTFOLIO 165
16.7.3 RECENT DEVELOPMENTS 165
16.8 ALGAHEALTH 167
16.8.1 COMPANY SNAPSHOT 167
16.8.2 PRODUCT PORTFOLIO 167
16.8.3 RECENT DEVELOPMENTS 167
16.9 ALGATECH LTD 168
16.9.1 COMPANY SNAPSHOT 168
16.9.2 PRODUCT PORTFOLIO 168
16.9.3 RECENT DEVELOPMENT 168
16.10 ASTAREAL CO., LTD 169
16.10.1 COMPANY SNAPSHOT 169
16.10.2 PRODUCT PORTFOLIO 169
16.10.3 RECENT DEVELOPMENTS 169
16.11 BLUETEC NATURALS CO., LTD 171
16.11.1 COMPANY SNAPSHOT 171
16.11.2 PRODUCT PORTFOLIO 171
16.11.3 RECENT DEVELOPMENT 171
16.12 BUGGYPOWER 172
16.12.1 COMPANY SNAPSHOT 172
16.12.2 PRODUCT PORTFOLIO 172
16.12.3 RECENT DEVELOPMENT 172
16.13 CELLANA INC. 173
16.13.1 COMPANY SNAPSHOT 173
16.13.2 PRODUCT PORTFOLIO 173
16.13.3 RECENT DEVELOPMENT 173
16.14 EARTHRISE NUTRITIONALS, LLC 174
16.14.1 COMPANY SNAPSHOT 174
16.14.2 PRODUCT PORTFOLIO 174
16.14.3 RECENT DEVELOPMENT 174
16.15 FAR EAST BIO-TEC CO., LTD 175
16.15.1 COMPANY SNAPSHOT 175
16.15.2 PRODUCT PORTFOLIO 175
16.15.3 RECENT DEVELOPMENTS 176
16.16 HELIAE DEVELOPMENT, LLC 177
16.16.1 COMPANY SNAPSHOT 177
16.16.2 PRODUCT PORTFOLIO 177
16.16.3 RECENT DEVELOPMENTS 177
16.17 INALVE 179
16.17.1 COMPANY SNAPSHOT 179
16.17.2 PRODUCT PORTFOLIO 179
16.17.3 RECENT DEVELOPMENT 179
16.18 MICROPHYT 180
16.18.1 COMPANY SNAPSHOT 180
16.18.2 PRODUCT PORTFOLIO 180
16.18.3 RECENT DEVELOPMENT 180
16.19 PARRY NUTRACEUTICALS 181
16.19.1 COMPANY SNAPSHOT 181
16.19.2 PRODUCT PORTFOLIO 181
16.19.3 RECENT DEVELOPMENT 181
16.20 INNER MONGOLIA REJUVE BIOTECH CO., LTD 182
16.20.1 COMPANY SNAPSHOT 182
16.20.2 PRODUCT PORTFOLIO 182
16.20.3 RECENT DEVELOPMENTS 182
17 QUESTIONNAIRE 183
18 RELATED REPORTS 187
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