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Algea Extracts Market Will Grow due to the Rising Demand for Natural Ingredients in the Cosmetics and Food Industries | Olmix Group, PLYMAG, SourceVital, SpecialChem

07-17-2023 03:06 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Global Insight Services

Algea Extracts Market Will Grow due to the Rising Demand

Algae Extracts are a type of natural product that is derived from algae. Algae are a type of aquatic plant that can be found in both fresh and saltwater environments. Algae are a rich source of nutrients, including proteins, essential lipids, and a variety of vitamins and minerals. Algae extracts have been used for centuries in traditional Chinese medicine, and more recently.

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Algae extracts are typically sold in capsules or liquid form. They are often taken as a daily supplement in order to improve overall health or to prevent specific health conditions. Some of the purported health benefits of algae extracts include improved digestion, increased energy levels, reduced inflammation, and enhanced immunity.

Additionally, algae extracts are sometimes used as a natural treatment for skin conditions such as acne and eczema.

While algae extracts are generally considered safe, some people may experience side effects such as bloating, gas, or diarrhea. Additionally, people with shellfish allergies may be at risk for an allergic reaction to algae extracts.

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Key Trends

Some of the key trends in algae extracts technology include the development of new extraction methods, the use of algae extracts in cosmetics and personal care products, and the use of algae extracts in food and beverage products.
In terms of new extraction methods, there has been a recent focus on the use of supercritical fluid extraction (SFE) for the extraction of algae lipids. SFE is a relatively new extraction method that has a number of advantages over traditional methods, such as the ability to extract a greater variety of compounds and the ability to extract compounds at a higher purity. Additionally, SFE is less damaging to the algae cells, which results in a higher yield of extract.

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Key Drivers

The key drivers of the algae extract market is the rising demand for natural ingredients in the cosmetics and food industries, and the increasing awareness of the health benefits of algae.

The cosmetics industry is the major consumer of algae extracts, as they are used in a variety of products such as skin care, hair care, and makeup. Algae extracts are known to be rich in vitamins, minerals, and antioxidants, which make them ideal for use in cosmetics.

The food industry is another major consumer of algae extracts. Algae extracts are used as food additives and supplements due to their high nutritional value. They are also used in the production of healthy foods and functional foods.

Market Segmentation

The algae extracts market is segmented by form, source, application, and region. By form, the market is divided into powder, and liquid. By source, the market is classified into red algae, green algae, and brown algae. By application, the market is bifurcated into food & beverages, personal care, pharmaceuticals, and animal feed. By region, the market is classified into North America, Europe, Asia-Pacific, and the rest of the world.

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Key Players

The global algae extracts market report includes players like Aromantic Ltd, Carrubba INC, Essentials by Catalina Inc., Formulator Sample Shop, Olmix Group, PLYMAG, SourceVital, SpecialChem, True Natural Group Inc., Grow More Inc.

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• 10-year forecast to help you make strategic decisions
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Groundbreaking research and market player-centric solutions for the upcoming decade according to the present market scenario

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About Global Insight Services:

Global Insight Services (GIS) is a leading multi-industry market research firm headquartered in Delaware, USA. We are committed to providing the highest quality data, analytics and tools to meet all of our clients' market research needs. With GIS, you can be assured of the quality of your output, robust and transparent research methodology, and excellent service.

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