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Microalgae-based Products Market Foreseen to Grow Exponentially by 2027

Microalgae-based Products Market Foreseen to Grow Exponentially by 2027<br>

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Microalgae-based Products Market Foreseen to Grow Exponentially by 2027

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  1. ©2019 Transparency Market Research, All Rights Reserved Microalgae-based Products Market Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2027 ©2019 Transparency Market Research, All Rights Reserved

  2. ©2019 Transparency Market Research, All Rights Reserved About Us Transparency Market Research (TMR) is a market intelligence company, providing North America business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insightfor thousands of decision-makers. Wehavean experienced team of Analysts, Researchers, and Consultants, who useproprietary data sources and various tools and techniques to gather and analyzeinformation. Our business offerings representthelatest and themostreliableinformationindispensableforbusinessestosustaina competitiveedge. Each TMR Syndicated Research report covers a different sector—such as pharmaceuticals, chemical, energy, food & beverages, semiconductors, med-devices, consumer goods, and technology. Thesereports providein-depth analysis and deep segmentation to possible micro levels. With a wider scope and stratified research methodology, our syndicated reportsstriveto serveclients and satisfytheir overallresearchrequirement.

  3. ©2019 Transparency Market Research, All Rights Reserved Key Highlights of Global Microalgae-based Products Market • The global microalgae-based products market was valued at ~US$ 1.7 Bn in 2018, and is anticipated to expandat a CAGRof ~5%during the forecast period. • Rise in the usage of microalgae-based products in food and nutraceutical & dietary supplements is expected todrive the microalgae-basedproducts market. • Europe accounts for a major share of the global microalgae-based products market. Rise in the demand for microalgae-based products in various applications such as food & beverages, animal feed, pharmaceuticals and nutraceuticals, and biofuel in Europe is driving the microalgae-basedproducts market in the region. View Report Download Brochure ©2019 Transparency Market Research, All Rights Reserved

  4. ©2019 Transparency Market Research, All Rights Reserved Key Drivers of Global Microalgae-based Products Market • The global demand for microalgae-based products is anticipated to increase significantlyinthe next few years. • The consistent capacity additions by key manufacturers across the globe are projectedto affect the pricesof products. commercialization of microalgae-based products and • Various countries across the globe are adopting the strategy of developingbioeconomy. • The adoption of bioeconomy is based on the increase in usage of sustainable biologicInal resources to meet the rising demand for food and energy. • The microalgae-based products market in the near future. this context, microalgae is used as an emerging biological resource for its potential application in different fields, including food, animal feed, biofuel, and other industrial applications. This is expected to boost

  5. ©2019 Transparency Market Research, All Rights Reserved Spirulina Product Type to Offer Lucrative Opportunities to Microalgae-Based Products Market • Spirulina is a type of microalgae that can be consumed as a dietary supplement or feed, owing to its excellent nutritional value and health benefits. • It serves as an excellent choice for human consumption due to its high protein and vitamin content. Spirulina also possesses excellent anti-inflammatory and antioxidant properties. • Spirulina is used as protein supplement and health food. Therefore, it has gained popularity in the human nutraceutical industry in various developing and underdeveloped regions such as India and Africa where malnutrition is prevalent. ©2019 Transparency Market Research, All Rights Reserved

  6. ©2019 Transparency Market Research, All Rights Reserved Leading Players Actively Engage in Capacity Expansions and R&D Activities • • • • • • • Euglena Co., Ltd. Cyanotech Corporation AstaRealAB BlueBioTech Cargill Incorporated Necton ©2019 Transparency Market Research, All Rights Reserved

  7. ©2019 Transparency Market Research, All Rights Reserved To know more about us, please visit our website: www.transparencymarketresearch.com For sales queries or new topics email us on: sales@transparencymarketresearch.com For other queries contact: Nachiket Ghumare (Senior Business Development Manager) 90 State Street, Albany NY –12207, United States Tel: +1-518-618-1030 Email: nachiket@transparencymarketresearch.com T H A N K Y O U

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