QYR Market Research Global Algae Products market research | Page 4

QYResearch
• Algae products refer to simple plants that can range from the
microscopic (microalgae), to large seaweeds (macroalgae), such as
giant kelp more than one hundred feet in length. Algae products
could be classified as eucheuma, laminaria japonica, gracilaria,
undaria pinnatifida, porphyra and others, and mainly be applied in
animal & aquaculture feed, biofuels & bioenergy, food, chemicals
and others. At present, food industry is largest consumer of
algae products, which occupied 33.60% market share in 2017.
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