Press release
Microalgae Food Market Is Bound To Make An Impact In Your Business;Key Players are DIC Corporation, Taau Australia Private Limited, Cyanotech Corporation and more
To Gain More Insights into the Market with Detailed Table of Content and Figures, Click Here:
https://www.fortunebusinessinsights.com/industry-reports/microalgae-food-market-100802
Some of the major companies that are present in the global microalgae food market are
• DIC Corporation
• Taau Australia Private Limited
• Cyanotech Corporation
• TerraVia Holdings, Inc
• Cellana, LLC.
• I.D- Parry (India) Ltd.
• Fuqing King Dnarmsa Spirulina Co. Ltd.
The Attainment of Terravia by Corbion Will Encourage Market Growth
Corbion, Dutch food and biochemical company headquartered in Amsterdam, Netherlands, confirmed the acquisition of considerably all possessions of TerraVia Holdings (""TerraVia""). An extensive and diverse platform centred on advanced food and specialty ingredients derived from microalgae. The acquisition is likely to propel growth of the microalgae food products. Further, the launch of all-natural algae complex by leading market players is also contributing significantly to microalgae food revenue.
For instance, Algatechnologies, a leading microalgae cultivation company based in Israeli, launched an all-natural, algae complex, called AstaPure Arava. The product can be used to produce energy bars as well as other products that can be combined with powder. This factor is likely to fuel demand among consumers which in turn will boost the global microalgae food market.
Presence of Anti-Oxidant in Microalgae Food Will Fuel Demand
Rising world population has impelled high demand for sustainable, and affordable nutrient-rich food to feed the growing population which in turn will add to the microalgae food shares. According to the National Center for Biotechnology Information (NCBI), by 2050, algae may account for 18% of protein sources across the more diverse world market. Spirulina and Chlorella are the two major strains of microalgae that have terrific anti-oxidant properties and thus are utilized in the production of microalgae food.
Presence of enzymes, carbohydrates, fiber, vitamins and protein in microalgae is a factor contributing to microalgae food revenue. Microalgae are used as an essential food ingredient in the food & beverage industry, especially in developing nations such as Japan, China, South Korea, Indonesia, and others. Rising adoption of microalgae as supplements or natural colorants in various food products including, snack bars, pizza, drinks, and others is predicted to encourage the of microalgae food growth. In addition, increasing health awareness among people is expected to fuel demand for the consumption of dietary or health supplements made up of microalgae biomass which will, in turn, boost the global microalgae food market during the forecast period.
Get Sample PDF:
https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/microalgae-food-market-100802
Rising Acceptance of Microalgae as Food Additives Will Boost Growth in North America
Geographically, the global microalgae food market is segmented into North America, Europe, Asia Pacific, Latin America and the Middle East & Africa. North America, followed by Europe dominates the global microalgae food market and is expected to lead during the forecast period, owing to rising acceptance of microalgae as food additives by food producers, along with the rising number of SME in microalgae cultivation industry. The microalgae food market in the Asia Pacific is predicted to witness high growth rate during the forecast period due to the increasing cultivation and consumption of microalgae food in Asian countries, such as China, Indonesia, and South Korea.
Major Segments includes:
By Strain
• Chlorella
• Spirulina
• Dunaliella salina
• Others
By Form
• Capsules
• Liquid
• Tablets
By Distribution Channel
• Retail Stores
• Online Channels
• Hypermarkets/Supermarkets
• Others
By Geography
Have Any Query? Ask Our Experts:
https://www.fortunebusinessinsights.com/enquiry/speak-to-analyst/microalgae-food-market-100802
Contact Us:
Fortune Business Insights™ Pvt. Ltd.
308, Supreme Headquarters,
Survey No. 36, Baner,
Pune-Bangalore Highway,
Pune - 411045, Maharashtra, India.
Phone:
US :+1 424 253 0390
UK : +44 2071 939123ac
APAC : +91 744 740 1245
Email: sales@fortunebusinessinsights.com
Linkedin | Twitter | Blogs
About Us:
Fortune Business Insights™ offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them to address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.
Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.
At Fortune Business Insights™ we aim at highlighting the most lucrative growth opportunities for our clients. We, therefore, offer recommendations, making it easier for them to navigate through technological and market-related changes. Our consulting services are designed to help organizations identify hidden opportunities and understand prevailing competitive challenges.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Microalgae Food Market Is Bound To Make An Impact In Your Business;Key Players are DIC Corporation, Taau Australia Private Limited, Cyanotech Corporation and more here
News-ID: 2130144 • Views: …
More Releases from Fortune Business Insights
Future of Renewable Energy Market Insights: Growth Drivers, and Regional Develop …
Global Renewable Energy Market Overview
The global renewable energy market size was valued at USD 954 billion in 2023. The market is projected to grow from USD 1,020.94 billion in 2024 to USD 1,574.17 billion by 2032, exhibiting a CAGR of 5.56% during the forecast period. Asia Pacific dominated the renewable energy market with a market share of 67.76% in 2023. The Renewable energy market in the U.S. is projected to…
DC Drives Market Overview: Opportunities, Growth Drivers, and Key Applications
Market Overview
The global DC drives market size was valued at USD 4.34 billion in 2018 and is projected to reach USD 9.23 billion by 2032, exhibiting a CAGR of 5.59% during the forecast period of 2019-2032. Asia Pacific dominated the global market with a share of 28.8% in 2018. The DC drives market in the U.S. is projected to grow significantly, reaching an estimated value of USD 1.59 billion by…
Humanoid Robots Market: An In-depth B2B Analysis of Size, Share, and Future Grow …
Brief Market Overview:
The global humanoid robots market is rapidly transitioning from a nascent field into a major growth sector, with its value escalating from USD 2.43 billion in 2023 to a projected USD 66.0 billion by 2032, demonstrating a remarkable CAGR of 45.5%.
These complex machines, which merge mechanical, electrical, and software engineering, are moving beyond research labs into real-world applications across industrial, service, and household sectors. This explosive growth…
Methanol Market Poised for Remarkable Growth, set to Reach USD 46.32 billion by …
The global methanol market size was valued at USD 31.26 billion in 2023. It is projected to grow from USD 32.70 billion in 2024 to USD 46.32 billion by 2032, exhibiting a CAGR of 4.5% during the forecast period.
The global methanol market size is set to gain traction from the urgent need to lower environmental pollution caused by the surging usage of heavy fuels, such as diesel and gasoline. Pollution…
More Releases for Microalgae
Technological Advancements Driving Innovation In Microalgae Market Trend: A Cruc …
What market dynamics are playing a key role in accelerating the growth of the microalgae market?
The continuous growth of the microalgae market is anticipated to be driven by the burgeoning demand for functional foods. These nutritional foods offer health-related benefits surpassing those of ordinary nutrition. The popularity of these superfoods is spurred on by greater health consciousness, an increasing emphasis on pre-emptive healthcare, and a shared desire for ingredients with…
Microalgae Market Size, Share, & Forecast 2030
[Redding, California - Feb 09, 2024] - Meticulous Research®, a renowned global market research leader, unveils its latest research report titled, 'Microalgae Market by Type (Spirulina, Chlorella, Dunaliella Salina, Nannochloropsis), Production Technique (Ponds, Fermenters, PBR), Distribution Channel (B2C, B2B), Application (Nutraceuticals, Food and Beverages), and Geography - Global Forecast to 2030'.
Download Sample Report https://www.meticulousresearch.com/download-sample-report/cp_id=5197
In this groundbreaking publication, Meticulous Research® forecasts the microalgae market to achieve a remarkable valuation…
Microalgae Magic: A Ten-Year Outlook on Microalgae in the Health and Medical Sec …
Market Outlook:
The Microalgae in the health and medical sector Market envisions a decade of transformative innovation and sustainable solutions, presenting a promising outlook from 2023 to 2033. Recognized for its nutritional richness and diverse applications, microalgae are poised to play a pivotal role in addressing health and medical challenges. This period anticipates significant growth as microalgae unlock new possibilities in pharmaceuticals, nutraceuticals, and medical research, positioning themselves as a magic…
Microalgae Market Worth $3.08 Billion by 2030
Meticulous Research®-a leading global market research company, published a research report titled 'Microalgae Market by Type (Spirulina, Chlorella, Dunaliella Salina, Nannochloropsis), Production Technique (Ponds, Fermenters, PBR), Distribution Channel (B2C, B2B), Application (Nutraceuticals, Food and Beverages), and Geography - Global Forecast to 2030'.
Download Sample Report https://www.meticulousresearch.com/download-sample-report/cp_id=5197
According to this latest publication from Meticulous Research®, based on value, the microalgae market is projected to reach $3.08 billion by 2030, at a…
Global Microalgae Market Outlook 2022 | Valuates Reports
Microalgae Market
The global Microalgae market was valued at US$ 2597 million in 2020 and is expected to reach US$ 3867.3 million by the end of 2027, growing at a CAGR of 5.8% during 2021-2027.
Get Free Sample: https://reports.valuates.com/request/sample/QYRE-Auto-25D49/Global_Microalgae_Market_Outlook_2022
Microalgae Market Share
China is the largest market with about 49% market share. North America is follower, accounting for about 24% market share.
The key players are DIC Corporation, Cyanotech Corporation, Algaetech Group, TAAU Australia, Fuqing…
Alfa Chemistry Launched Microalgae Powder Services
On October 24, 2019, Alfa Chemistry announced that it has launched microalgae powder production services.
Alfa Chemistry is a high-tech company specializing in the cultivation of microalgae powder and the production of related natural extracts. It has obtained more than 75 patents in the breeding, cultivation, processing and extraction of microalgae, serving customers in the feed, food, nutraceutical and pharmaceutical sectors. At present, the annual production capacity of Alfa Chemistry's microalgae…
