Microalgae Market Research Report - Size, Share, Strategies, Growth, Trends and Forecast, 2018 - 2024

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Microalgae Market Report, By Type of algae,
Application and Geography Global Market Share,
Trend Analysis Forecast Up To 2024

• Published By
• Axiom Market Research Consulting
• Corporate License(4650) Single
  User License(3950)

Copyright 2018 Axiom MRC
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Microalgae
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Microalgae Market Report, By Type of algae,
Application and Geography Global Market Share,
Trend Analysis Forecast Up To 2024

• Description The global Microalgae market is
  estimated and forecasted in terms of revenue
  (USD million) generated by microalgae market.
  Microalgae are microscopic plankton that convert
  solar energy into chemical energy through
  photosynthesis and contains numerous number of
  bioactive compounds than can be used at a
  commercial scale.
• Use of microalgae
• It is mostly used to produce a wide variety
  of wide range of metabolites such as proteins,
  lipids, carbohydrates, carotenoids or vitamins
  for health, food and feed additives, cosmetics
  and for energy production. The commercial
  application of microalgae includes microalgae can
  be used to enhance the nutritional value of food
  and animal feed owing to their chemical
  composition they play a crucial role in
  aquaculture and they can be incorporated into
  cosmetics. Moreover, they are cultivated as a
  source of highly valuable molecules.

Copyright 2018 Axiom MRC
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Microalgae Market Report, By Type of algae,
Application and Geography Global Market Share,
Trend Analysis Forecast Up To 2024

Key factors driving the growth of
microalgae Rising demand of functional food,
growing applications and cost effective raw
material. Moreover, the highest growth is
attributed to technological and scientific
innovations and developments, along with
increasing importance and use of microalgae in
the agri-food market. Large investments from
government and industries has stimulated the
biotechnological research of microalgae. However,
the growth of the microalgae market is hindered
by factors such as, lack of co-ordination between
research organizations and microalgae producers
and high technology cost. Download a sample
report here _at_ https//axiommrc.com/request-for-sam
ple/?report1358
Copyright 2018 Axiom MRC
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Microalgae Market Report, By Type of algae,
Application and Geography Global Market Share,
Trend Analysis Forecast Up To 2024

• Scope Analysis of the Report Based on
  Geography
• Asia Pacific is expected to be the
  fastest-growing region during the prediction
  period. The large volume of microalgae is
  currently produced by Asian producers. However,
  in recent years few European companies have
  started their operations in Australia and in the
  United States by acquiring local players. Large
  number of studies are being conducted on genetic
  modification of algae to produce biofuel,
  bio-chemicals and other bio-products.
• Market Segment Based on Type, covers
• Based on the type of algae, In 2017, the
  spirulina segment accounted for the largest
  market share and is expected to maintain its
  dominance over the forecast period owing to it
  wide range of commercial application and
  increasing demand for nutritional supplement as
  it is an excellent source of proteins, vitamins,
  and pigments
•  

Copyright 2018 Axiom MRC
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Microalgae Market Report, By Type of algae,
Application and Geography Global Market Share,
Trend Analysis Forecast Up To 2024

Get more information about report _at_
https//axiommrc.com/speak-to-analyst/?report1358
Market Segment Based on Application Food and
feed industry by application leads the global
microalgae market in terms of revenue as
microalgae are widely used to enhance the
nutrient value of the animal feed which helps in
the growth of the animals.


Copyright 2018 Axiom MRC
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Microalgae Market Report, By Type of algae,
Application and Geography Global Market Share,
Trend Analysis Forecast Up To 2024

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Copyright 2018 Axiom MRC