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Algae products market size and forecast 

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Algae products market size and forecast 

Algae is the base of the aquatic food chain and is the fastest-growing plant on earth. It grows in fresh and saltwater and uses photosynthesis to convert carbon dioxide into carbohydrates like other plants do with sunlight. 

This makes it a promising feedstock for biofuel production because it has a high oil yield per acre compared to other forms of biomass. The global market for algae products is expected to develop at a CAGR of 10% during 2016-2022, according to Future Market Insights’ latest report titled “ Algae Products Market: Global Industry Analysis Overview & Opportunity Assessment 2024.”

Algae are eukaryotic organisms that possess photosynthetic pigments. They have chlorophyll A, chlorophyll B, and carotenoid stains. Algae are discovered in marine, freshwater, and terrestrial environments. They can be unicellular or multicellular with multi-specialized tissues such as flagella or vestigial organs like eyespots.

According to the algae products market report, the increasing demand for algae products in various industries, such as food & beverage and pharmaceuticals, is anticipated to drive the development of this market over the forecast period. 

The global market is set to grow at a CAGR of 10.9% during the forecast period 2017-2024. The market was valued at USD 6.3 billion in 2016 and is projected to attain USD 15.1 billion by 2024, growing at a CAGR of 10.2% from 2017 to 2024. 

Algae products are used in various applications, such as nutritional ingredients, functional foods, food additives, and feeds. The market for algal biomass is expected to witness substantial growth over the forecast period owing to its use in renewable energy production, such as biofuel synthesis.

The market for algae oil is expected to expand at a CAGR of roughly 8% during the forecast period due to its high demand across various industries, such as personal care & cosmetics applications, agrochemicals, industrial lubricant & greases, and more. 

Algae oil is currently the most widely used algae product. It holds more than 50% of the market share among all products in the industry. The algae oil market size is projected to grow with an average CAGR of over 6% until 2028. 

The growing demand for algal products in the pharmaceutical industry because of their potential use as medicinal agents further drives the algae products market. The rising trend for consumers seeking natural alternatives compared to chemical-based products has given rise to companies manufacturing algae-based food items such as smoothies, juices, and ice cream.

Algae products have been used for centuries in many Asia countries such as China, Japan, and South Korea. The growing popularity of healthy food products across developed economies like the US, Canada, & Europe has prompted several companies to increase investments in research on new sources of protein. That can be caused commercially under strict regulatory norms. 

Conclusion 

The increasing health awareness among consumers and growing demand for innovative products are the primary drivers of this industry. The worldwide algal products market was estimated to be worth $14.0 billion in 2019 and is anticipated to be worth $22.3 billion by 2027, registering a CAGR of 6.8% from 2020 to 2027.

The growth of the global market can be attributed to factors such as demand for healthy food products and increasing consumer awareness regarding healthy food items. And growing consumer preference for natural ingredients over artificial ones.

Additionally, rising demand from emerging economies such as China & India is expected to boost the growth of this market during the forecast period (2020-2027). However, high production costs may hinder the development of this market during the forecast period (2020-2027).

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FINANCE

Investing in Digital Yuan: A New Era of Currency

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Investing in Digital Yuan: A New Era of Currency

The digital yuan, also known as e-CNY or DCEP (Digital Currency Electronic Payment), is the digital version of China’s currency, the Renminbi (RMB). The digital yuan is being developed by the People’s Bank of China (PBOC) and is seen as a major step towards a more digital and cashless society. The digital yuan is currently in trial phase and has been piloted in several cities across China, with the goal of a nationwide roll-out in the near future.

Why Invest in Digital Yuan?

  1. Growing Adoption: As the world moves towards a cashless society, the digital yuan is poised to become a major player in the digital currency market. With a population of over 1.4 billion, the adoption of the digital yuan has the potential to be huge, making it an attractive investment opportunity.
  2. Backed by the Chinese Government: The digital yuan is being developed and backed by the PBOC, which is the central bank of China. This provides a level of security and stability for investors, as the government is committed to ensuring its success.
  3. Increased Efficiency: The digital yuan is designed to be faster and more efficient than traditional currency. Transactions can be completed quickly and securely, without the need for intermediaries like banks. This could potentially lead to lower transaction fees, making the digital yuan a more attractive option for consumers and businesses.
  4. Increased Accessibility: The digital yuan is designed to be accessible to everyone, regardless of their location or financial status. This could potentially increase financial inclusion, making it easier for people to access basic financial services.

Risks of Investing in Digital Yuan

  1. Regulation: The digital yuan is a relatively new technology and is still in the trial phase. As such, there are many uncertainties surrounding its regulation, which could potentially impact its value.
  2. Competition: The digital yuan is not the only digital currency on the market and will face competition from other digital currencies, such as Bitcoin and Ethereum. This competition could potentially impact its adoption and success.
  3. Security: As with any digital currency, the digital yuan is vulnerable to hacking and cyberattacks. This could potentially impact its value and stability.

In conclusion, investing in the digital yuan is an exciting opportunity, but it is important to consider the risks involved. As with any investment, it is important to do your own research and assess whether the digital yuan is right for you. With the backing of the Chinese government, the potential for widespread adoption, and increased efficiency and accessibility, the digital yuan is definitely worth keeping an eye on.

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Bajaj Finance Share Price Analysis

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Bajaj Finance Share Price Analysis

Bajaj Finance Limited is one of the leading non-banking financial companies (NBFCs) in India, providing a range of financial products and services such as personal loans, home loans, two-wheeler loans, and more. The company’s share price has been a subject of interest for many investors, both in the domestic and international markets.

In recent years, Bajaj Finance has seen a consistent rise in its stock price, making it one of the top performers in the Indian stock market. As of 7th February 2023, the Bajaj Finance share price stands at Rs. 11,000, up from Rs. 7,000 in January 2021. This growth can be attributed to the company’s strong financial performance, increasing demand for its products, and a positive outlook for the Indian economy.

One of the key factors contributing to the rise in Bajaj Finance’s share price is its impressive financial performance. The company has consistently posted strong earnings and revenue growth over the years, reflecting its ability to attract and retain customers. In the quarter ended December 2022, Bajaj Finance reported a net profit of Rs. 2,252 crore, up by 33% compared to the same period the previous year.

Another factor contributing to the rise in Bajaj Finance’s share price is the increasing demand for its products and services. With a growing middle-class population and increasing disposable income, more and more people are seeking access to financial services, including loans and insurance.

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TD Auto Finance: An Overview

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TD Auto Finance: An Overview

TD Auto Finance is a subsidiary of TD Bank, one of the largest banks in North America. It provides auto financing services to individuals and dealerships across the United States. TD Auto Finance offers a range of financing options for new and used vehicles, including retail installment sales contracts, lease agreements, and commercial loans.

Retail Installment Sales Contracts TD Auto Finance offers retail installment sales contracts for the purchase of new or used vehicles. This financing option allows individuals to make monthly payments over a set period of time to pay off the total cost of the vehicle. Retail installment sales contracts are flexible and can be customized to fit the individual’s budget and needs.

Lease Agreements TD Auto Finance also provides lease agreements for individuals who prefer to lease a vehicle rather than purchase one. A lease agreement typically requires a smaller down payment and lower monthly payments than a retail installment sales contract. At the end of the lease, the individual has the option to purchase the vehicle or return it to TD Auto Finance.

Commercial Loans TD Auto Finance offers commercial loans for businesses in the auto industry, such as dealerships and repair shops. These loans can be used for a variety of purposes, including the purchase of inventory, equipment, and real estate. Commercial loans from TD Auto Finance are tailored to meet the unique needs of each business, and flexible repayment terms are available.

Benefits of TD Auto Finance TD Auto Finance offers a number of benefits to individuals and businesses in the auto industry. These benefits include competitive interest rates, flexible repayment terms, and a wide range of financing options to fit the needs of

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