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

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.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200630005700/en/Technavio has announced its latest market research report titled Global Algae-based Animal Feed and Ingredients Market 2020-2024 (Graphic: Business Wire)Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19.Please Request Free Sample Report on COVID-19 Impact
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

To learn more about the global trends impacting the future of market research, download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR40637Algae-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.
Register for a free trial today and gain instant access to 17,000+ market research reports. Technavio’s SUBSCRIPTION platformAlgae-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
Overview
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.
View source version on businesswire.com: https://www.businesswire.com/news/home/20200630005700/en/


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