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Algae-based Animal Feed and Ingredients Market to grow by USD 822.67 Mn: Market Segmentation by Product, Application, Distribution Channel, and Geography - Technavio

Global Algae-based Animal Feed and Ingredients Market 2022-2026

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Technavio

Nov 23, 2022, 08:55 ET

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NEW YORK, Nov. 23, 2022 /PRNewswire/ -- The algae-based animal feed and ingredients market is projected to grow by USD 822.67 million at a CAGR of 6.03% during the forecast period. APAC held the largest share of the market in 2021. This report provides a detailed analysis of the market overview, market drivers, opportunities, and potential applications. Request a Free Sample Report

Algae-based Animal Feed and Ingredients Market: Vendor Analysis

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Technavio has announced its latest market research report titled Global Algae-based Animal Feed and Ingredients Market 2022-2026
Technavio has announced its latest market research report titled Global Algae-based Animal Feed and Ingredients Market 2022-2026

The global algae-based animal feed and ingredients market is concentrated. The market includes companies of different sizes. Intense competition among vendors and rapid technological changes are significant risk factors to the operations of vendors. Therefore, to survive and succeed in this competitive environment, it becomes imperative for manufacturers to distinguish their product and service offerings through a clear and unique value proposition.

The report analyzes the market's competitive landscape and offers information on several market vendors, including Ajinomoto Co. Inc., Alltech Inc., Archer Daniels Midland Co., BASF SE, BIOTECNOLOGIAS APLICADAS SL, Cargill Inc., Cellana Inc., Centafarm SRL, Chr Hansen Holding AS, Corbion NV, Cyanotech Corp., Duplaco BV, DuPont de Nemours Inc., Evonik Industries AG, Global Nutrition International, Kemin Industries Inc., Koninklijke DSM NV, Novozymes AS, Nutreco NV, and TEGASA among others.

Key Offerings of Major Vendors

  • Alltech Inc.: The company offers algae-based animal feed and ingredients that promote well-balanced microflora in the digestive system, keeping fish healthy.
  • Cellana Inc.: The company offers algae-based animal feed and ingredients that contain Omega-3s, which can be used as efficient and nutritious feed additives.
  • BASF SE: The company offers algae-based animal feed and ingredients that are grown locally and packed with protein, fibers, vitamins, minerals, and antioxidants.
  • BIOTECNOLOGIAS APLICADAS SL: The company offers algae-based animal feed and ingredients to meet the nutritional needs of animals, preserve their health, and maximize the consumption of nutrients from food.
  • Cargill Inc.: The company offers algae-based animal feed and ingredients that have a range of beneficial characteristics and support nutrition and growth performance.

To obtain insights on vendors and their product offerings, download a free sample report.

Algae-based Animal Feed and Ingredients Market: Segmentation Analysis

  • By Product 
    • Feed 
      • Algae-based animal feed, which is available in the forms of raw algae, tablets, granules, powder, wafer, and biomass, is the finished product that is given to livestock. This segment is expected to grow significantly during the forecast period owing to the relatively higher nutritional value of algae-based animal feed compared to regular animal feed.
    • Feed ingredient
  • By Geography
    • APAC 
      • APAC will contribute 42% to the growth of the global market during the forecast period. The algae-based animal feed and ingredients market in APAC is mostly centered in China and Japan. Over the forecast period, the increasing demand for meat and seafood will support the market expansion for algae-based animal feed and ingredients in APAC.
    • North America
    • Europe
    • South America
    • Middle East and Africa

For insights on various market segments, get a free sample report.

The report provides insights on the following aspects:

  • What is the size of the global algae-based animal feed and ingredients market?
  • What will be the size of the global algae-based animal feed and ingredients market in 2026?
  • What factors affect competition in the global algae-based animal feed and ingredients market?
  • How has the market performed in the last five years?
  • What are the key segments of the global algae-based animal feed and ingredients market?

Get lifetime access to Technavio Insights! Subscribe to our "Basic Plan" billed annually at USD 5000.

The algae-based animal feed and ingredients market report provides critical information and factual data, with a qualitative and quantitative study of the market based on market drivers, market limitations, and future prospects.

Why buy?

  • Add credibility to your strategies
  • Analyze your competitor's offerings
  • Get a holistic view of the market

Buy the Algae-based Animal Feed and Ingredients Market report & Grow your Profit Margins With Us! Click here to Buy Now.

Related Reports:

Algae Protein Market by Type and Geography - Forecast and Analysis 2022-2026: The report extensively covers the algae protein market segmentation by type (spirulina, chlorella, and others) and geography (APAC, Europe, North America, South America, and Middle East and Africa).

Algae Products Market by Application and Geography - Forecast and Analysis 2022-2026: The report extensively covers algae products market segmentation by application (food and beverages, pharmaceutical, personal care, dietary supplements, and others) and geography (APAC, North America, Europe, Middle East and Africa, and South America).

Algae-based Animal Feed and Ingredients Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 6.03%

Market growth 2022-2026

USD 822.67 million

Market structure

Concentrated

YoY growth (%)

5.46

Regional analysis

North America, APAC, Europe, South America, and Middle East and Africa

Performing market contribution

APAC at 42%

Key consumer countries

US, China, Japan, Germany, and UK

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

Ajinomoto Co. Inc., Alltech Inc., Archer Daniels Midland Co., BASF SE, BIOTECNOLOGIAS APLICADAS SL, Cargill Inc., Cellana Inc., Centafarm SRL, Chr Hansen Holding AS, Corbion NV, Cyanotech Corp., Duplaco BV, DuPont de Nemours Inc., Evonik Industries AG, Global Nutrition International, Kemin Industries Inc., Koninklijke DSM NV, Novozymes AS, Nutreco NV, and TEGASA

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, and market condition analysis for the forecast period.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Browse Consumer Staples Market Reports

Table of Content:

1 Executive Summary

  • 1.1 Market overview 
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Product
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by Application
    • Exhibit 07: Executive Summary – Chart on Market Segmentation by Distribution Channel
    • Exhibit 08: Executive Summary – Chart on Incremental Growth
    • Exhibit 09: Executive Summary – Data Table on Incremental Growth
    • Exhibit 10: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem 
    • Exhibit 11: Parent market
    • Exhibit 12: Market Characteristics

3 Market Sizing

  • 3.1 Market definition 
    • Exhibit 13: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis 
    • Exhibit 14: Market segments
  • 3.3 Market size 2021
  • 3.4 Market outlook: Forecast for 2021-2026 
    • Exhibit 15: Chart on Global - Market size and forecast 2021-2026 ($ million)
    • Exhibit 16: Data Table on Global - Market size and forecast 2021-2026 ($ million)
    • Exhibit 17: Chart on Global Market: Year-over-year growth 2021-2026 (%)
    • Exhibit 18: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

4 Five Forces Analysis

  • 4.1 Five forces summary 
    • Exhibit 19: Five forces analysis - Comparison between 2021 and 2026
  • 4.2 Bargaining power of buyers 
    • Exhibit 20: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
  • 4.3 Bargaining power of suppliers 
    • Exhibit 21: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
  • 4.4 Threat of new entrants 
    • Exhibit 22: Threat of new entrants – Impact of key factors in 2021 and 2026
  • 4.5 Threat of substitutes 
    • Exhibit 23: Threat of substitutes – Impact of key factors in 2021 and 2026
  • 4.6 Threat of rivalry 
    • Exhibit 24: Threat of rivalry – Impact of key factors in 2021 and 2026
  • 4.7 Market condition 
    • Exhibit 25: Chart on Market condition - Five forces 2021 and 2026

5 Market Segmentation by Product

  • 5.1 Market segments 
    • Exhibit 26: Chart on Product - Market share 2021-2026 (%)
    • Exhibit 27: Data Table on Product - Market share 2021-2026 (%)
  • 5.2 Comparison by Product 
    • Exhibit 28: Chart on Comparison by Product
    • Exhibit 29: Data Table on Comparison by Product
  • 5.3 Feed - Market size and forecast 2021-2026 
    • Exhibit 30: Chart on Feed - Market size and forecast 2021-2026 ($ million)
    • Exhibit 31: Data Table on Feed - Market size and forecast 2021-2026 ($ million)
    • Exhibit 32: Chart on Feed - Year-over-year growth 2021-2026 (%)
    • Exhibit 33: Data Table on Feed - Year-over-year growth 2021-2026 (%)
  • 5.4 Feed ingredient - Market size and forecast 2021-2026
    • Exhibit 34: Chart on Feed ingredient - Market size and forecast 2021-2026 ($ million)
    • Exhibit 35: Data Table on Feed ingredient - Market size and forecast 2021-2026 ($ million)
    • Exhibit 36: Chart on Feed ingredient - Year-over-year growth 2021-2026 (%)
    • Exhibit 37: Data Table on Feed ingredient - Year-over-year growth 2021-2026 (%)
  • 5.5 Market opportunity by Product 
    • Exhibit 38: Market opportunity by Product ($ million)

6 Market Segmentation by Application

  • 6.1 Market segments 
    • Exhibit 39: Chart on Application - Market share 2021-2026 (%)
    • Exhibit 40: Data Table on Application - Market share 2021-2026 (%)
  • 6.2 Comparison by Application 
    • Exhibit 41: Chart on Comparison by Application
    • Exhibit 42: Data Table on Comparison by Application
  • 6.3 Poultry - Market size and forecast 2021-2026
    • Exhibit 43: Chart on Poultry - Market size and forecast 2021-2026 ($ million)
    • Exhibit 44: Data Table on Poultry - Market size and forecast 2021-2026 ($ million)
    • Exhibit 45: Chart on Poultry - Year-over-year growth 2021-2026 (%)
    • Exhibit 46: Data Table on Poultry - Year-over-year growth 2021-2026 (%)
  • 6.4 Swine - Market size and forecast 2021-2026
    • Exhibit 47: Chart on Swine - Market size and forecast 2021-2026 ($ million)
    • Exhibit 48: Data Table on Swine - Market size and forecast 2021-2026 ($ million)
    • Exhibit 49: Chart on Swine - Year-over-year growth 2021-2026 (%)
    • Exhibit 50: Data Table on Swine - Year-over-year growth 2021-2026 (%)
  • 6.5 Ruminant - Market size and forecast 2021-2026
    • Exhibit 51: Chart on Ruminant - Market size and forecast 2021-2026 ($ million)
    • Exhibit 52: Data Table on Ruminant - Market size and forecast 2021-2026 ($ million)
    • Exhibit 53: Chart on Ruminant - Year-over-year growth 2021-2026 (%)
    • Exhibit 54: Data Table on Ruminant - Year-over-year growth 2021-2026 (%)
  • 6.6 Aquaculture - Market size and forecast 2021-2026
    • Exhibit 55: Chart on Aquaculture - Market size and forecast 2021-2026 ($ million)
    • Exhibit 56: Data Table on Aquaculture - Market size and forecast 2021-2026 ($ million)
    • Exhibit 57: Chart on Aquaculture - Year-over-year growth 2021-2026 (%)
    • Exhibit 58: Data Table on Aquaculture - Year-over-year growth 2021-2026 (%)
  • 6.7 Market opportunity by Application 
    • Exhibit 59: Market opportunity by Application ($ million)

7 Market Segmentation by Distribution Channel

  • 7.1 Market segments 
    • Exhibit 60: Chart on Distribution Channel - Market share 2021-2026 (%)
    • Exhibit 61: Data Table on Distribution Channel - Market share 2021-2026 (%)
  • 7.2 Comparison by Distribution Channel 
    • Exhibit 62: Chart on Comparison by Distribution Channel
    • Exhibit 63: Data Table on Comparison by Distribution Channel
  • 7.3 Offline - Market size and forecast 2021-2026
    • Exhibit 64: Chart on Offline - Market size and forecast 2021-2026 ($ million)
    • Exhibit 65: Data Table on Offline - Market size and forecast 2021-2026 ($ million)
    • Exhibit 66: Chart on Offline - Year-over-year growth 2021-2026 (%)
    • Exhibit 67: Data Table on Offline - Year-over-year growth 2021-2026 (%)
  • 7.4 Online - Market size and forecast 2021-2026
    • Exhibit 68: Chart on Online - Market size and forecast 2021-2026 ($ million)
    • Exhibit 69: Data Table on Online - Market size and forecast 2021-2026 ($ million)
    • Exhibit 70: Chart on Online - Year-over-year growth 2021-2026 (%)
    • Exhibit 71: Data Table on Online - Year-over-year growth 2021-2026 (%)
  • 7.5 Market opportunity by Distribution Channel
    • Exhibit 72: Market opportunity by Distribution Channel ($ million)

8 Customer Landscape

  • 8.1 Customer landscape overview 
    • Exhibit 73: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

  • 9.1 Geographic segmentation 
    • Exhibit 74: Chart on Market share by geography 2021-2026 (%)
    • Exhibit 75: Data Table on Market share by geography 2021-2026 (%)
  • 9.2 Geographic comparison 
    • Exhibit 76: Chart on Geographic comparison
    • Exhibit 77: Data Table on Geographic comparison
  • 9.3 APAC - Market size and forecast 2021-2026
    • Exhibit 78: Chart on APAC - Market size and forecast 2021-2026 ($ million)
    • Exhibit 79: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
    • Exhibit 80: Chart on APAC - Year-over-year growth 2021-2026 (%)
    • Exhibit 81: Data Table on APAC - Year-over-year growth 2021-2026 (%)
  • 9.4 North America - Market size and forecast 2021-2026
    • Exhibit 82: Chart on North America - Market size and forecast 2021-2026 ($ million)
    • Exhibit 83: Data Table on North America - Market size and forecast 2021-2026 ($ million)
    • Exhibit 84: Chart on North America - Year-over-year growth 2021-2026 (%)
    • Exhibit 85: Data Table on North America - Year-over-year growth 2021-2026 (%)
  • 9.5 Europe - Market size and forecast 2021-2026
    • Exhibit 86: Chart on Europe - Market size and forecast 2021-2026 ($ million)
    • Exhibit 87: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
    • Exhibit 88: Chart on Europe - Year-over-year growth 2021-2026 (%)
    • Exhibit 89: Data Table on Europe - Year-over-year growth 2021-2026 (%)
  • 9.6 South America - Market size and forecast 2021-2026
    • Exhibit 90: Chart on South America - Market size and forecast 2021-2026 ($ million)
    • Exhibit 91: Data Table on South America - Market size and forecast 2021-2026 ($ million)
    • Exhibit 92: Chart on South America - Year-over-year growth 2021-2026 (%)
    • Exhibit 93: Data Table on South America - Year-over-year growth 2021-2026 (%)
  • 9.7 Middle East and Africa - Market size and forecast 2021-2026 
    • Exhibit 94: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
    • Exhibit 95: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
    • Exhibit 96: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
    • Exhibit 97: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
  • 9.8 US - Market size and forecast 2021-2026
    • Exhibit 98: Chart on US - Market size and forecast 2021-2026 ($ million)
    • Exhibit 99: Data Table on US - Market size and forecast 2021-2026 ($ million)
    • Exhibit 100: Chart on US - Year-over-year growth 2021-2026 (%)
    • Exhibit 101: Data Table on US - Year-over-year growth 2021-2026 (%)
  • 9.9 China - Market size and forecast 2021-2026
    • Exhibit 102: Chart on China - Market size and forecast 2021-2026 ($ million)
    • Exhibit 103: Data Table on China - Market size and forecast 2021-2026 ($ million)
    • Exhibit 104: Chart on China - Year-over-year growth 2021-2026 (%)
    • Exhibit 105: Data Table on China - Year-over-year growth 2021-2026 (%)
  • 9.10 Germany - Market size and forecast 2021-2026
    • Exhibit 106: Chart on Germany - Market size and forecast 2021-2026 ($ million)
    • Exhibit 107: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
    • Exhibit 108: Chart on Germany - Year-over-year growth 2021-2026 (%)
    • Exhibit 109: Data Table on Germany - Year-over-year growth 2021-2026 (%)
  • 9.11 Japan - Market size and forecast 2021-2026
    • Exhibit 110: Chart on Japan - Market size and forecast 2021-2026 ($ million)
    • Exhibit 111: Data Table on Japan - Market size and forecast 2021-2026 ($ million)
    • Exhibit 112: Chart on Japan - Year-over-year growth 2021-2026 (%)
    • Exhibit 113: Data Table on Japan - Year-over-year growth 2021-2026 (%)
  • 9.12 UK - Market size and forecast 2021-2026
    • Exhibit 114: Chart on UK - Market size and forecast 2021-2026 ($ million)
    • Exhibit 115: Data Table on UK - Market size and forecast 2021-2026 ($ million)
    • Exhibit 116: Chart on UK - Year-over-year growth 2021-2026 (%)
    • Exhibit 117: Data Table on UK - Year-over-year growth 2021-2026 (%)
  • 9.13 Market opportunity by geography 
    • Exhibit 118: Market opportunity by geography ($ million)

10 Drivers, Challenges, and Trends

  • 10.1 Market drivers
  • 10.2 Market challenges
  • 10.3 Impact of drivers and challenges 
    • Exhibit 119: Impact of drivers and challenges in 2021 and 2026
  • 10.4 Market trends

11 Vendor Landscape

  • 11.1 Overview
  • 11.2 Vendor landscape 
    • Exhibit 120: Overview on Criticality of inputs and Factors of differentiation
  • 11.3 Landscape disruption 
    • Exhibit 121: Overview on factors of disruption
  • 11.4 Industry risks 
    • Exhibit 122: Impact of key risks on business

12 Vendor Analysis

  • 12.1 Vendors covered 
    • Exhibit 123: Vendors covered
  • 12.2 Market positioning of vendors 
    • Exhibit 124: Matrix on vendor position and classification
  • 12.3 Alltech Inc. 
    • Exhibit 125: Alltech Inc. - Overview
    • Exhibit 126: Alltech Inc. - Product / Service
    • Exhibit 127: Alltech Inc. - Key offerings
  • 12.4 Archer Daniels Midland Co. 
    • Exhibit 128: Archer Daniels Midland Co. - Overview
    • Exhibit 129: Archer Daniels Midland Co. - Business segments
    • Exhibit 130: Archer Daniels Midland Co. - Key offerings
    • Exhibit 131: Archer Daniels Midland Co. - Segment focus
  • 12.5 BASF SE 
    • Exhibit 132: BASF SE - Overview
    • Exhibit 133: BASF SE - Business segments
    • Exhibit 134: BASF SE - Key news
    • Exhibit 135: BASF SE - Key offerings
    • Exhibit 136: BASF SE - Segment focus
  • 12.6 BIOTECNOLOGIAS APLICADAS SL 
    • Exhibit 137: BIOTECNOLOGIAS APLICADAS SL - Overview
    • Exhibit 138: BIOTECNOLOGIAS APLICADAS SL - Product / Service
    • Exhibit 139: BIOTECNOLOGIAS APLICADAS SL - Key offerings
  • 12.7 Cargill Inc. 
    • Exhibit 140: Cargill Inc. - Overview
    • Exhibit 141: Cargill Inc. - Product / Service
    • Exhibit 142: Cargill Inc. - Key news
    • Exhibit 143: Cargill Inc. - Key offerings
  • 12.8 Cellana Inc. 
    • Exhibit 144: Cellana Inc. - Overview
    • Exhibit 145: Cellana Inc. - Product / Service
    • Exhibit 146: Cellana Inc. - Key offerings
  • 12.9 Corbion NV 
    • Exhibit 147: Corbion NV - Overview
    • Exhibit 148: Corbion NV - Business segments
    • Exhibit 149: Corbion NV - Key news
    • Exhibit 150: Corbion NV - Key offerings
    • Exhibit 151: Corbion NV - Segment focus
  • 12.10 Cyanotech Corp. 
    • Exhibit 152: Cyanotech Corp. - Overview
    • Exhibit 153: Cyanotech Corp. - Product / Service
    • Exhibit 154: Cyanotech Corp. - Key offerings
  • 12.11 Duplaco BV 
    • Exhibit 155: Duplaco BV - Overview
    • Exhibit 156: Duplaco BV - Product / Service
    • Exhibit 157: Duplaco BV - Key offerings
  • 12.12 Koninklijke DSM NV 
    • Exhibit 158: Koninklijke DSM NV - Overview
    • Exhibit 159: Koninklijke DSM NV - Business segments
    • Exhibit 160: Koninklijke DSM NV - Key news
    • Exhibit 161: Koninklijke DSM NV - Key offerings
    • Exhibit 162: Koninklijke DSM NV - Segment focus

13 Appendix

  • 13.1 Scope of the report
  • 13.2 Inclusions and exclusions checklist 
    • Exhibit 163: Inclusions checklist
    • Exhibit 164: Exclusions checklist
  • 13.3 Currency conversion rates for US$ 
    • Exhibit 165: Currency conversion rates for US$
  • 13.4 Research methodology 
    • Exhibit 166: Research methodology
    • Exhibit 167: Validation techniques employed for market sizing
    • Exhibit 168: Information sources
  • 13.5 List of abbreviations 
    • Exhibit 169: 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 provide 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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