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Algae

The algae industry is registering significant traction from last few decades with increasing demand for algae-based protein, lipids, omega-3 fatty acids, algal pigments, and other products. The demand for algae products is particularly driven by the health and wellness trends supporting the growth of the dietary supplements and nutraceuticals industry, increasing demand for natural food colors, consumer preference towards clean-label products, and rising demand for organic & vegan food & cosmetics products.

To capitalize on the high growth in the algae industry and to gain the competitive edge, many vendors in this market are investing heavily in innovative technologies like Pulsed Electric Field (PEF) Technology for the extraction of oils from algal cells early in the biorefining process, enzymatic hydrolysis for bioethanol production from algae feedstock, and many others. These technologies will empower the manufacturers with enhanced and efficient production and help them with timely delivery of required ingredients to meet industry demand.

We at Meticulous Research® help global players operating in the algae products ecosystem to explore new opportunities and provide them solutions specifically tailored to capture the high growth anticipated in this market.

Drivers

Inclination towards health & wellness trends and growing dietary supplements and nutraceuticals industry

Consumer preference for clean-label products

Growing demand for algae products from the pharmaceutical and nutraceuticals industries

Increasing demand for natural food colors

Growing focus on R&D for algae-based biofuel production

Increasing consumer awareness about the health benefits of omega-3 PUFA and rising demand for omega-3 fatty acids

Growing demand for protein-rich and lipid-rich aquafeed

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+91-744-778-0008
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