Hi, what are you looking for?
Strategic Partnerships Help Strengthen Research in F&B-based Microalgae
The microalgae-based products market is expected to cross the valuation of US$ 4.2 Bn by 2031. The food and beverage (F&B) sector is creating lucrative opportunities for manufacturers. Unilever – a multinational consumer goods company has announced collaboration with Algenuity – a biotech startup to explore the viability of microalgae as an ingredient in F&B products. Companies in the microalgae-based products market are gaining a strong research base for chlorella vulgaris, which is a nutrient-rich source of protein and fiber. Low environmental footprint of this microalgae is being preferred by F&B manufacturers.
Get a Sample Copy of the Report: https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=54039
Microalgae-based Products Market: Key Players
The global microalgae-based products market is fragmented with the presence of a large number of players. Key players operating in the global microalgae-based products market are EID Parry Ltd., euglena Co, Ltd, Cyanotech Corporation, AstaReal Group, BlueTech International GmbH., Far East Bio-Tec Co., Ltd, Cellana Inc., Ocean Nutrition, Algae Health Sciences – A BGG Company, Earthrise Nutritional, NOW, Necton, Algae International Berhad (AIB), and Proalgen Biotech Ltd.
Microalgae-based Products Market: Prominent Regions
Europe dominated the global microalgae-based products market in 2020. The region possesses specific structural economic and logistical assets that boost its position in micro-algae research and applications. Microalgae are being promoted as a new source of valuable nutrients for human and animal consumption in Europe. Microalgae-based products are employed in niche applications such as life sciences. The Netherlands-based DSM, a chemical company, has a strong position in the life sciences segment. Microalgae-based pharmaceutical products are expected to gain traction in the near future.
Take Enquiry before buying: https://www.transparencymarketresearch.com/sample/sample.php?flag=EB&rep_id=54039
Countries in Europe aim to source 10% of transport energy from renewable resources, primarily from biofuels by the end of 2020. A large share of fuels is utilized in transportation application in the region, owing to the high demand for luxury vehicles, commercial trucks, and motorcycles. This is projected to boost the demand for microalgae-based products in countries such as Germany, Switzerland, and the Netherlands.
The European Union is promoting the adoption of renewable energy through its policies. It is currently a prominent region for renewable energy and is expected to continue to be a dominant region over the next few years. Investments by renewable energy players based in Europe represent about 25% of the investments in renewable energy worldwide. This is anticipated to drive the demand for microalgae-based products in the region.
Strategic Partnerships Help Strengthen Research in F&B-based Microalgae
The microalgae-based products market is expected to cross the valuation of US$ 4.2 Bn by 2031. The food and beverage (F&B) sector is creating lucrative opportunities for manufacturers. Unilever – a multinational consumer goods company has announced collaboration with Algenuity – a biotech startup to explore the viability of microalgae as an ingredient in F&B products. Companies in the microalgae-based products market are gaining a strong research base for chlorella vulgaris, which is a nutrient-rich source of protein and fiber. Low environmental footprint of this microalgae is being preferred by F&B manufacturers.
The demand for microalgae-based products has been rising for use in the production of dietary supplement products, owing to its water binding, structuring (gelation and aggregation), and surface (emulsifying and foaming) properties. These products are also employed as supplements in daily diet. The increase in inclination for microalgae-sourced omega 3 fatty acid is driving the consumption of microalgae-based products. This is expected to boost the global microalgae-based products market during the forecast period.
The demand for microalgae-based food products is rising significantly in the manufacture of whole-biomass products (also known as ‘super foods’) due to nutritive value, high protein content, and health benefits offered by microalgae-based products. This is major factor expected to boost the adoption of these products in the manufacture of functional food products. In turn, this is estimated to drive the global microalgae-based products market.
Click For Custom Research Report: https://www.transparencymarketresearch.com/sample/sample.php?flag=CR&rep_id=54039
Relevant Reports Publish by TMR
Nanocoatings Market: https://www.globenewswire.com/news-release/2022/06/15/2463404/0/en/Growth-of-Nanocoatings-Market-estimated-at-a-CAGR-of-20-8-from-2022-to-2031-TMR-Report.html
Superabsorbent Polymer Market: https://www.globenewswire.com/news-release/2022/06/22/2467417/0/en/Superabsorbent-Polymer-Market-to-Reach-US-16-3-Bn-by-2031-TMR-Study.html
Bio-based Phenol Market: https://www.prnewswire.com/news-releases/bio-based-phenol-market-is-predicted-to-expand-at-a-cagr-of-5-5-during-the-forecast-period-notes-tmr-study-301573316.html
Coil Coatings Market: https://www.prnewswire.com/news-releases/coil-coatings-market-is-projected-to-be-valued-at-over-us-9-4-billion-by-2031–tmr-study-301577616.html
Butyric Acid Derivatives Market: https://www.einpresswire.com/article/576700856/butyric-acid-derivatives-market-is-expected-to-cross-the-value-of-us-1-4-bn-by-the-end-of-2031
U.S. Biochar Market: https://www.einpresswire.com/article/577232244/u-s-biochar-market-trends-and-dynamic-demand-by-2031
Pharmaceutical Packaging Market: https://www.einpresswire.com/article/578086795/pharmaceutical-packaging-market-to-reach-valuation-of-us-148-4-bn-by-2031
Waterproofing Membranes Market: https://www.transparencymarketresearch.com/waterproofing-membrane-market.html
Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. The firm scrutinizes factors shaping the dynamics of demand in various markets. The insights and perspectives on the markets evaluate opportunities in various segments. The opportunities in the segments based on source, application, demographics, sales channel, and end-use are analysed, which will determine growth in the markets over the next decade.
Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision-makers, made possible by experienced teams of Analysts, Researchers, and Consultants. The proprietary data sources and various tools & techniques we use always reflect the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in all of its business reports.
Rohit Bhisey Transparency Market Research Inc. CORPORATE HEADQUARTER DOWNTOWN, 1000 N. West Street, Suite 1200, Wilmington, Delaware 19801 USA Tel: +1-518-618-1030 USA – Canada Toll Free: 866-552-3453 Email: [email protected] Website: https://www.transparencymarketresearch.com
The assassination of former Japanese PM Shinzo Abe by a man resentful of the Unification Church has resurfaced years of controversy over the group.
On Wednesday, Republican senators blocked a bipartisan bill that would cover health care for vets exposed to toxic burn pits.
British pop giants Duran Duran headlined a glitzy Commonwealth Games opening ceremony in Birmingham on Thursday.
Buses of Russian tourists stream into Finland at Nuijamaa border crossing in the country's southeast.
COPYRIGHT © 1998 - 2022 DIGITAL JOURNAL INC. Digital Journal is not responsible for the content of external sites. Read more about our external linking.