Algae-Based Animal Feed and Ingredients Market 2020-2024 | Increasing Consumption Rate of Aquaculture Products to Boost Growth | Technavio - Business Wire

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LONDON--(BUSINESS WIRE)--Technavio has been monitoring the algae-based animal feed and ingredients market and it is poised to grow by USD 1.13 billion during 2020-2024, progressing at a CAGR of 8% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

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The market is concentrated, and the degree of concentration will accelerate during the forecast period. Algea, Algae Natural Food, Alltech Inc., Archer Daniels Midland Co., Associated British Foods Plc, Cellana Inc., Corbion NV, Cyanotech Corp., Duplaco BV, and Koninklijke DSM NV are some of the major market participants. The increasing consumption rate of aquaculture products will offer immense growth opportunities. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Increasing consumption rate of aquaculture products has been instrumental in driving the growth of the market.

Algae-based animal feed and ingredients market 2020-2024: Segmentation

Algae-based animal feed and ingredients market is segmented as below:

• Product
  • Animal Feed
  • Animal Feed Ingredient
• Distribution Channel
  • Offline
  • Online
• Application
  • Poultry
  • Swine
  • Ruminant
  • Aquaculture
• Geographic Landscape
  • APAC
  • Europe
  • MEA
  • North America
  • South America

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Algae-based animal feed and ingredients market 2020-2024: Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our 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 increasing meat and dairy production and consumption 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 2020-2024: Vendor Analysis

We provide a detailed analysis of vendors operating in the algae-based animal feed and ingredients market, including some of the vendors such as Algea, Algae Natural Food, Alltech Inc., Archer Daniels Midland Co., Associated British Foods Plc, Cellana Inc., Corbion NV, Cyanotech Corp., Duplaco BV, and Koninklijke DSM NV. Backed with competitive intelligence and benchmarking, our research reports on the algae-based animal feed and ingredients market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.

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Algae-based animal feed and ingredients market 2020-2024: Key Highlights

• CAGR of the market during the forecast period 2020-2024
• 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
• 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

Table Of Contents:

Executive Summary

• Market Overview

Market Landscape

• Market ecosystem
• Value chain analysis

Market Sizing

• Market definition
• Market segment analysis
• Market size 2019
• Market outlook: Forecast for 2019 - 2024

Five Forces Analysis

• Five Forces Summary
• 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 placement
• Feed - Market size and forecast 2019-2024
• Feed ingredient - Market size and forecast 2019-2024
• Market opportunity by Product

Market Segmentation by Application

• Market segments
• Comparison by Application placement
• Poultry - Market size and forecast 2019-2024
• Swine - Market size and forecast 2019-2024
• Ruminant - Market size and forecast 2019-2024
• Aquaculture - Market size and forecast 2019-2024
• Market opportunity by Application

Market Segmentation by Distribution Channel

• Market segments
• Comparison by Distribution channel placement
• Offline - Market size and forecast 2019-2024
• Online - Market size and forecast 2019-2024
• Market opportunity by Distribution channel

Customer Landscape

Geographic Landscape

• Geographic segmentation
• Geographic comparison
• APAC - Market size and forecast 2019-2024
• North America - Market size and forecast 2019-2024
• Europe - Market size and forecast 2019-2024
• South America - Market size and forecast 2019-2024
• MEA - Market size and forecast 2019-2024
• Key leading countries
• Market opportunity by geography

Drivers, Challenges, and Trends

• Market drivers
• Volume driver - Demand led growth
• Volume driver - Supply led growth
• Volume driver - External factors
• Volume driver - Demand shift in adjacent markets
• Price driver - Inflation
• Price driver - Shift from lower to higher-priced units
• Market challenges
• Market trends

Vendor Landscape

• Overview
• Vendor landscape
• Landscape disruption

Vendor Analysis

• Vendors covered
• Market positioning of vendors
• Algea
• Algae Natural Food
• Alltech Inc.
• Archer Daniels Midland Co.
• Associated British Foods Plc
• Cellana Inc.
• Corbion NV
• Cyanotech Corp.
• Duplaco BV
• Koninklijke DSM NV

Appendix

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

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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