The Microalgae Global Market Report 2023, provides comprehensive information on the microalgae market across 60+ geographies in the seven regions - Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
Learn More On The Microalgae Market’s Growth:
https://www.thebusinessresearchcompany.com/report/microalgae-global-market-report
As per The
Business Research Company’s Microalgae Global Market Report 2023, the global
microalgae market is expected to grow from $0.96 billion in 2022 to $1.03
billion in 2023 at a compound annual growth rate (CAGR) of 7.4%. The
Russia-Ukraine war disrupted the chances of global economic recovery from the
COVID-19 pandemic, at least in the short term. The war between these two
countries has led to economic sanctions on multiple countries, a surge in
commodity prices, and supply chain disruptions, causing inflation across goods
and services and affecting many markets across the globe. The market size of
global microalgae market is expected to grow to $1.35 billion in 2027 at a CAGR
of 6.9%.
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Tables):
https://www.thebusinessresearchcompany.com/sample_request?id=8800&type=smp
Technological
advancements have emerged as a key trend gaining popularity in the microalgae
market. Major companies operating in the market are focused on innovating new
technologies to sustain their position in the market. For instance, in June
2021, Polaris, a US-based multinational biotechnology company, launched
Omegavie DHA 800 algae oil, a high-concentration DHA component from microalgae.
It is sourced from microalgae (Schizochytrium sp.) that are high in vitamins,
proteins, pigments, and enzymes. In order to safeguard and enhance the
stability of microalgae, it makes use of Polaris' unique Qualitysilver
technology. Omegavie DHA 800 is exceptional due to its high potency, providing
at least 800 mg/g of DHA. Polaris developed a patented sensory product line
with exclusive and cutting-edge technology to ensure flavor. The method
produces items with high organoleptic quality for optimal swallowing and
zero-off notes.
The microalgae
market is segmented:
1) By Type:
Spirulina, Chlorella, Dunaliella Salina, Haematococcus Pluvialis, Other
Microalgae
2) By
Distribution Channel: Business Channel, Consumer Channel
3) By
Applications: Food and Beverage, Dietary Supplements, Pharmaceuticals,
Cosmetics and Personal Care, Bio-Fuel, Inks, Animal Feed, Other Applications
North America was
the largest region in the microalgae market in 2022.
The table of contents in TBRC’s microalgae market report includes:
1. Executive Summary
2. Microalgae Market Characteristics
3. Microalgae Market Trends And Strategies
4. Microalgae Market - Macro Economic Scenario
5. Microalgae Market Size And Growth
.
27. Microalgae
Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Microalgae Market
29. Microalgae Market Future Outlook and Potential Analysis
30. Appendix
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with a network of proficient researchers in 28 countries. Through the report
businesses can gain a thorough understanding of the market’s size, growth rate,
major drivers and leading players.
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