GLOBAL ALGAE-BASED ANIMAL FEED AND INGREDIENTS MARKET 2020-2024

GLOBAL ALGAE-BASED ANIMAL FEED AND INGREDIENTS MARKET 2020-2024

Global Algae-based Animal Feed And Ingredients Market 2020-2024

Technavio has been monitoring the global algae-based animal feed and ingredients market and it is poised to grow by USD 1.13 bn during 2020-2024, progressing at a CAGR of 8% during the forecast period. Our reports on global algae-based animal feed and ingredients market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the increasing consumption rate of aquaculture products.In addition, increasing meat and dairy production and consumption is anticipated to boost the growth of the global algae-based animal feed and ingredients market as well.

Market Segmentation

Technavio's global 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 Segmentation:
  • APAC
  • Europe
  • MEA
  • North America
  • South America
Key Trends for global algae-based animal feed and ingredients market growth

This study identifies increasing meat and dairy production and consumption as the prime reasons driving the global algae-based animal feed and ingredients market growth during the next few years.

Prominent vendors in global algae-based animal feed and ingredients market

We provide a detailed analysis of around 25 vendors operating in the global 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 N.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

About Technavio

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast an accurate market growth.


  • Executive Summary
  • Market Landscape
    • Market ecosystem
      • Table Parent market
      • Table Market characteristics
    • Value chain analysis
  • Market Sizing
    • Market definition
      • Table Product portfolio of key vendors included in the market definition
    • Market segment analysis
      • Table Market segments
    • Market size 2019
    • Market outlook: Forecast for 2019 - 2024
      • Table Global - Market size and forecast 2019 - 2024 ($ million)
      • Table Global market: Year-over-year growth 2019 - 2024 (%)
  • Five Forces Analysis
    • Five Forces Summary
      • Table Five forces analysis 2019 & 2024
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2019
  • Market Segmentation by Product
    • Market segments
      • Table Product placement - Market share 2019-2024 (%)
    • Comparison by Product placement
      • Table Comparison by Product placement
    • Feed - Market size and forecast 2019-2024
      • Table Feed - Market size and forecast 2019-2024 ($ million)
      • Table Feed - Year-over-year growth 2019-2024 (%)
    • Feed ingredient - Market size and forecast 2019- 2024
      • Table Feed ingredient - Market size and forecast 2019-2024 ($ million)
      • Table Feed ingredient - Year-over-year growth 2019-2024 (%)
    • Market opportunity by Product
      • Table Market opportunity by Product
  • Market Segmentation by Application
    • Market segments
      • Table Application placement - Market share 2019-2024 (%)
    • Comparison by Application placement
      • Table Comparison by Application placement
    • Poultry - Market size and forecast 2019-2024
      • Table Poultry - Market size and forecast 2019-2024 ($ million)
      • Table Poultry - Year-over-year growth 2019-2024 (%)
    • Swine - Market size and forecast 2019-2024
      • Table Swine - Market size and forecast 2019-2024 ($ million)
      • Table Swine - Year-over-year growth 2019-2024 (%)
    • Ruminant - Market size and forecast 2019-2024
      • Table Ruminant - Market size and forecast 2019-2024 ($ million)
      • Table Ruminant - Year-over-year growth 2019-2024 (%)
    • Aquaculture - Market size and forecast 2019-2024
      • Table Aquaculture - Market size and forecast 2019-2024 ($ million)
      • Table Aquaculture - Year-over-year growth 2019-2024 (%)
    • Market opportunity by Application
      • Table Market opportunity by Application
  • Market Segmentation by Distribution channel
    • Market segments
      • Table Distribution channel placement - Market share 2019-2024 (%)
    • Comparison by Distribution channel placement
      • Table Comparison by Distribution channel placement
    • Offline - Market size and forecast 2019-2024
      • Table Offline - Market size and forecast 2019-2024 ($ million)
      • Table Offline - Year-over-year growth 2019-2024 (%)
    • Online - Market size and forecast 2019-2024
      • Table Online - Market size and forecast 2019-2024 ($ million)
      • Table Online - Year-over-year growth 2019-2024 (%)
    • Market opportunity by Distribution channel
      • Table Market opportunity by Distribution channel
  • Customer landscape
    • Overview
      • Table Customer landscape
  • Geographic Landscape
    • Geographic segmentation
      • Table Market share by geography 2019-2024 (%)
    • Geographic comparison
      • Table Geographic comparison
    • APAC - Market size and forecast 2019-2024
      • Table APAC - Market size and forecast 2019-2024 ($ million)
      • Table APAC - Year-over-year growth 2019-2024 (%)
    • North America - Market size and forecast 2019- 2024
      • Table North America - Market size and forecast 2019-2024 ($ million)
      • Table North America - Year-over-year growth 2019-2024 (%)
    • Europe - Market size and forecast 2019-2024
      • Table Europe - Market size and forecast 2019-2024 ($ million)
      • Table Europe - Year-over-year growth 2019-2024 (%)
    • South America - Market size and forecast 2019- 2024
      • Table South America - Market size and forecast 2019-2024 ($ million)
      • Table South America - Year-over-year growth 2019-2024 (%)
    • MEA - Market size and forecast 2019-2024
      • Table MEA - Market size and forecast 2019-2024 ($ million)
      • Table MEA - Year-over-year growth 2019-2024 (%)
    • Key leading countries
      • Table Key leading countries
    • Market opportunity by geography
      • Table Market opportunity by geography ($ million)
  • Drivers, Challenges, and Trends
    • Volume driver - Demand led growth
      • Increasing meat and dairy production and consumption
      • Rich nutritional sources in aquaculture products: Subsequent rise in demand
        • Table Aquaculture and animal products: Omega-3 fatty acids content
    • Volume driver - Supply led growth
      • Advent of biotechnology in preserving algae products
    • Market challenges
      • High cost associated with algal biomass and technical difficulties
      • Increasing diseases outbreak in livestock
      • Growing consumer inclination toward vegan food
        • Table Impact of drivers and challenges
    • Market trends
      • Growing demand for feed enzymes
      • Adoption of organic meat among health-conscious customers
      • Growth in medicated animal feed and ingredients
  • Vendor Landscape
    • Landscape disruption
      • Table Landscape disruption
      • Table Industry risks
  • Vendor Analysis
    • Vendors covered
      • Table Vendors covered
    • Market positioning of vendors
      • Table Market positioning of vendors
    • Algea
      • Table Algea - Overview
      • Table Algea - Product and service
      • Table Algea - Key offerings
    • Algae Natural Food
      • Table Algae Natural Food - Overview
      • Table Algae Natural Food - Product and service
      • Table Algae Natural Food - Key offerings
    • Alltech Inc.
      • Table Alltech Inc. - Overview
      • Table Alltech Inc. - Business segments
      • Table Alltech Inc. - Key news
      • Table Alltech Inc. - Key offerings
    • Archer Daniels Midland Co.
      • Table Archer Daniels Midland Co. - Overview
      • Table Archer Daniels Midland Co. - Business segments
      • Table Archer Daniels Midland Co. - Key news
      • Table Archer Daniels Midland Co. - Key offerings
      • Table Archer Daniels Midland Co. - Segment focus
    • Associated British Foods Plc
      • Table Associated British Foods Plc - Overview
      • Table Associated British Foods Plc - Business segments
      • Table Associated British Foods Plc - Key news
      • Table Associated British Foods Plc - Key offerings
      • Table Associated British Foods Plc - Segment focus
    • Cellana Inc.
      • Table Cellana Inc. - Overview
      • Table Cellana Inc. - Product and service
      • Table Cellana Inc. - Key offerings
    • Corbion NV
      • Table Corbion NV - Overview
      • Table Corbion NV - Business segments
      • Table Corbion NV - Key news
      • Table Corbion NV - Key offerings
      • Table Corbion NV - Segment focus
    • Cyanotech Corp.
      • Table Cyanotech Corp. - Overview
      • Table Cyanotech Corp. - Product and service
      • Table Cyanotech Corp - Key news
      • Table Cyanotech Corp. - Key offerings
      • Table Cyanotech Corp. - Segment focus
    • Duplaco BV
      • Table Duplaco BV - Overview
      • Table Duplaco BV - Product and service
      • Table Duplaco BV - Key offerings
    • Koninklijke DSM NV
      • Table Koninklijke DSM NV - Overview
      • Table Koninklijke DSM NV - Business segments
      • Table Koninklijke DSM NV - Key news
      • Table Koninklijke DSM NV - Key offerings
      • Table Koninklijke DSM NV - Segment focus
  • Appendix
    • Scope of the report
      • Market definition
      • Objectives
      • Notes and caveats
    • Currency conversion rates for US$
      • Table Currency conversion rates for US$
    • Research methodology
      • Table Research Methodology
      • Table Validation techniques employed for market sizing
      • Table Information sources
    • List of abbreviations
      • Table List of abbreviations

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