Why is it Important to use Microalgae in Aquaculture?

Microalgae are defined as the microscopic algae which do not have roots, stem leaves and are present in marine and freshwater bodies. Microalgae are considered as unicellular species of algae that are available either individually or in groups. Microalgae are considered a rich source of protein, carbohydrates, enzymes, and others and are used across several nutritional supplements and food items. Microalgae conduct photosynthesis and form a large quantity of atmospheric oxygen and utilize carbon dioxide to grow photoautotapically.

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Microalgae Market

The "Global Microalgae Market Analysis to 2027" is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the microalgae market with detailed market segmentation by type, application and geography. The global microalgae market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading microalgae market players and offers key trends and opportunities in the market.

The global microalgae market is segmented on the basis of product type, application and sales channel. On the basis of type, the microalgae market is segmented into Spirulina, Chlorella and Dunaliella. The microalgae market on the basis of the application is classified into food and feed industry, pharmaceutical, cosmetics, chemical and others. The microalgae market on the basis of the sales channel is classified into hypermarket/supermarket, retail stores and online sales.

Analysis of Company Profiles:

• Algae.Tec Limited
• Algenol
• Cellana, LLC
• Cyanotech Corporation
• DIC Corporation
• E.I.D.- Parry (India) Limited
• Fuqing King Dnarmsa Spirulina Co. Ltd
• Kent Bioenergy Corporation
• Taau Australia Pty Ltd
• TerraVia Holdings, Inc.