Global Algaculture Market, By Type of Algae, By Technique, By
Application, By Region, Competition Forecast and
Bharat Book Bureau Provides the Trending Market Research Report on “Global Algaculture
Market, By Type, By Application, By Region, Competition Forecast and Opportunities,
2017-2027”under Food & Beverage Market Research Report. The report offers a collection
of superior Market research, Market analysis, competitive intelligence and Market reports.
Global Algaculture Market is anticipated to grow at a significant rate during the forecast period.
The growth can be attributed to the rising demands for high-yielding crops and growing
utilization of various organic methods to enhance crop productivity. Algae can be used to fulfill
various necessities such as food, nutrition, fertilizer, bioplastics, pigment, chemical feedstock,
pharmaceuticals, pollution control, natural food colors & dyes, etc. Algae can grow ten times
more rapidly than terrestrial plants and require one-tenth of the land, which makes algaculture
sustainable and environment-friendly.
Cultivation of algae like phytoplankton, microphytes, seaweed, etc., for commercial and
industrial purposes due to hygienic concerns and the growing requirement for inoculant
ingredients, are propelling the growth of the global algaculture market. Many high-value and
niche-market products are being produced due to anticarcinogenic, anti-inflammatory properties,
and unusual nutritional properties of algae, which is expected to drive the growth of the global
algaculture market in the coming years. Growing demand for algae from various end user
industries such as pharmaceutical, packaging, power generation, chemical, and other industries
are further contributing to the growth of the global algaculture market. Technological
advancements in aquaculture practices and rising demand to grow microalgae rapidly for its
derived products or services are supporting the global aquaculture market growth. Comp