Global Algae Oil Market 2017-2021

LONDON, Oct. 3, 2017 /PRNewswire/ -- About Algae Oil

Algae oil is derived from algae, one type of microscopic plant found in various aquatic environments such as freshwater and marine. Algae oil is a vegetarian oil, and it contains omega-3 fatty acids and docosahexaenoic acid (DHA).

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It is popular as a vegetarian alternative to the fish oil. Because of the nutritional properties, it can be used in various applications like biofuel, animal feed, food and beverage, and others. Cooking oil, milk, sauces, and dressings are also fortified with algae oil.

Technavio's analysts forecast the global algae oil market to grow at a CAGR of 3.92% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the global algae oil market for 2017-2021. To calculate the market size, the report considers the sales of algae oil for various applications such as biofuel, animal feed, and other applications, including food and beverage, cosmetics and personal care products, and dietary supplements across the world.

The market is divided into the following segments based on geography:
? Americas
? APAC
? EMEA

Technavio's report, Global Algae Oil Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
? Algae Floating Systems
? Cellana
? Henry Lamotte OILS
? TerraVia Holdings

Other prominent vendors
? Algaecytes
? Archer Daniels Midland Company
? Goerlich Pharma
? Polaris
? Renewable Algal Energy (RAE)

Market driver
? Health benefits associated with algae oil
? For a full, detailed list, view our report

Market challenge
? Production challenges related to algae oil
? For a full, detailed list, view our report

Market trend
? Growing demand for naturally obtained health supplements
? For a full, detailed list, view our report

Key questions answered in this report
? What will the market size be in 2021 and what will the growth rate be?
? What are the key market trends?
? What is driving this market?
? What are the challenges to market growth?
? Who are the key vendors in this market space?

You can request one free hour of our analyst's time when you purchase this market report. Details are provided within the report.

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