Published by TMR Research Insights
Posted on August 16, 2021
20 min readLast updated: January 21, 2026
Recently, marine red algae was being highly publicized for the production of antiviral drugs to combat COVID-19. As such, the introduction of coronavirus vaccines has slowed down the pace of drug innovations. Hence, companies in the microalgae-based products market are focusing on making coating materials on sanitary items to fight COVID-19. They are focusing on essential products such as for personal care, skin care, and dietary supplements to stay relevant in business during the pandemic.
Scientists at Reliance Industries Ltd. opine that products made from marine red algae, alginates, and other natural compounds have tremendous antiviral potential. Companies in the microalgae-based products market are increasing their R&D efforts to capitalize on this opportunity to explore the development of antiviral materials and other essential products.
Strong expertise with attention to detail makes our market research reports stand apart. Download PDF Brochure –
Production Scale up of Algae Offset Disadvantages of Photo Bio-reactors
Researchers think that algae might be the answer to lower greenhouse gas (GHG) emissions at power plants and address climate change. Breakthrough innovations such as bio-adaptive facades are being developed using algae within its glass louvers in order to generate energy and provide shade to a working building. This explains why the microalgae-based products market is slated to register a favorable CAGR of ~6% during the forecast period.
Request for Covid-19 Impact Analysis on Microalgae-based products market:
Photo bio-reactors are being used to sustainably develop bio-based fuel, which is carbon neutral. However, the algae in these bio reactors need to be grown under controlled temperature conditions. This leads to expensive investing costs. As such, stakeholders in the microalgae-based products market are focusing on advantages such as rise in production and high-energy per-acre than other bio-fuels.
Buy our Premium Research Report on Microalgae-based products market@
Strategic Partnerships Help Strengthen Research in F&B-based Microalgae
The microalgae-based products market is expected to cross the valuation of US$ 4.2 Bn by 2031. The food and beverage (F&B) sector is creating lucrative opportunities for manufacturers. Unilever – a multinational consumer goods company has announced collaboration with Algenuity – a biotech startup to explore the viability of microalgae as an ingredient in F&B products. Companies in the microalgae-based products market are gaining a strong research base for chlorella vulgaris, which is a nutrient-rich source of protein and fiber. Low environmental footprint of this microalgae is being preferred by F&B manufacturers.
More Trending Reports by Transparency Market Research –
Mankind has recognized the value of land plants as renewable sources of medicine, food, and other materials for millennia. Microalgae is gaining prominence as a next-gen resource for urgent industrial and agricultural demands. Companies in the microalgae-based products market are increasing efforts to tap into its extensive biological diversity that can be leveraged to produce various bioproducts in the F&B and personal care sector.
Manufacturers in the microalgae-based products market are boosting their output capacities for natural and genetic manipulation of algae to use sunlight for fixing the atmospheric carbon. Photo bio-reactors have become a recurring trend and help microalgae to be more water-efficient than crop plants and can be cultivated on non-arable land with minimal use of freshwater.
The increasing number of marine ingredient startups is innovating in cosmeceuticals and nutraceuticals. Israel-based Yemoja has a team of marine biology and biotech experts that are gaining proficiency in high precision and fast-track photo bioreactor technology to expand their business in cosmeceuticals and nutraceuticals. Manufacturers in the microalgae-based products market are bolstering their production capabilities to tailor microalgae into desired nutritional compounds and functionalities.
Startups in the microalgae-based products market are producing algae-centered ingredients that are standardized as per any bioactive compound or algae extract involving fucoxanthins, carotenoids, and enzymes. However, the marine supercrops sector is still in its nascent stage, and there is a need to boost the entire microalgae value chain with new varieties and yields.
Analysts’ Viewpoint
Since many doctors and scientists opine that COVID-19 vaccines do not make individuals 100% immune to the coronavirus, manufacturers are exploring business streams in antiviral drugs and materials made from microalgae. Manufacturers and startups are transitioning into deep-rooted appreciation of biopharma and marine sciences supported by rigorous R&D in algae cultivation. However, there is an ocean of microalgae species that are not yet discovered and only a dozen of them are commercially available. Hence, companies in the microalgae-based products market need to boost their R&D capabilities to expand their business in marine supercrops, cosmeceuticals, and nutraceuticals.
Microalgae-based Products Market: Overview
Rise in Demand for Microalgae in Nutraceuticals and Dietary Supplements: Key Driver of Microalgae-based Products Market
Use of Nutraceuticals & Dietary Supplements in Spirulina Products of Microalgae-based Products Market
Increase in Application of Spirulina
Rise in Application of Microalgae-based Products in Food and Beverages
Microalgae-based Products Market: Competition Landscape
Microalgae-based Products Market: Key Developments
Chemicals & Materials Industry battles Tangible Impact of Economic and Cultural changes, Stay Updated on the Latest Trends in Chemicals & Materials Market @ https://www.transparencymarketresearch.com/chemical-market-reports-2.html
About Us
Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather, and analyze information.
Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.
Contact
Transparency Market Research
State Tower,
90 State Street,
Suite 700,
Albany NY – 12207
United States
USA – Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Follow Us: Twitter | LinkedIn
Blog: https://tmrblog.com
Recently, marine red algae was being highly publicized for the production of antiviral drugs to combat COVID-19. As such, the introduction of coronavirus vaccines has slowed down the pace of drug innovations. Hence, companies in the microalgae-based products market are focusing on making coating materials on sanitary items to fight COVID-19. They are focusing on essential products such as for personal care, skin care, and dietary supplements to stay relevant in business during the pandemic.
Scientists at Reliance Industries Ltd. opine that products made from marine red algae, alginates, and other natural compounds have tremendous antiviral potential. Companies in the microalgae-based products market are increasing their R&D efforts to capitalize on this opportunity to explore the development of antiviral materials and other essential products.
Strong expertise with attention to detail makes our market research reports stand apart. Download PDF Brochure –
Production Scale up of Algae Offset Disadvantages of Photo Bio-reactors
Researchers think that algae might be the answer to lower greenhouse gas (GHG) emissions at power plants and address climate change. Breakthrough innovations such as bio-adaptive facades are being developed using algae within its glass louvers in order to generate energy and provide shade to a working building. This explains why the microalgae-based products market is slated to register a favorable CAGR of ~6% during the forecast period.
Request for Covid-19 Impact Analysis on Microalgae-based products market:
Photo bio-reactors are being used to sustainably develop bio-based fuel, which is carbon neutral. However, the algae in these bio reactors need to be grown under controlled temperature conditions. This leads to expensive investing costs. As such, stakeholders in the microalgae-based products market are focusing on advantages such as rise in production and high-energy per-acre than other bio-fuels.
Buy our Premium Research Report on Microalgae-based products market@
Strategic Partnerships Help Strengthen Research in F&B-based Microalgae
The microalgae-based products market is expected to cross the valuation of US$ 4.2 Bn by 2031. The food and beverage (F&B) sector is creating lucrative opportunities for manufacturers. Unilever – a multinational consumer goods company has announced collaboration with Algenuity – a biotech startup to explore the viability of microalgae as an ingredient in F&B products. Companies in the microalgae-based products market are gaining a strong research base for chlorella vulgaris, which is a nutrient-rich source of protein and fiber. Low environmental footprint of this microalgae is being preferred by F&B manufacturers.
More Trending Reports by Transparency Market Research –
Mankind has recognized the value of land plants as renewable sources of medicine, food, and other materials for millennia. Microalgae is gaining prominence as a next-gen resource for urgent industrial and agricultural demands. Companies in the microalgae-based products market are increasing efforts to tap into its extensive biological diversity that can be leveraged to produce various bioproducts in the F&B and personal care sector.
Manufacturers in the microalgae-based products market are boosting their output capacities for natural and genetic manipulation of algae to use sunlight for fixing the atmospheric carbon. Photo bio-reactors have become a recurring trend and help microalgae to be more water-efficient than crop plants and can be cultivated on non-arable land with minimal use of freshwater.
The increasing number of marine ingredient startups is innovating in cosmeceuticals and nutraceuticals. Israel-based Yemoja has a team of marine biology and biotech experts that are gaining proficiency in high precision and fast-track photo bioreactor technology to expand their business in cosmeceuticals and nutraceuticals. Manufacturers in the microalgae-based products market are bolstering their production capabilities to tailor microalgae into desired nutritional compounds and functionalities.
Startups in the microalgae-based products market are producing algae-centered ingredients that are standardized as per any bioactive compound or algae extract involving fucoxanthins, carotenoids, and enzymes. However, the marine supercrops sector is still in its nascent stage, and there is a need to boost the entire microalgae value chain with new varieties and yields.
Analysts’ Viewpoint
Since many doctors and scientists opine that COVID-19 vaccines do not make individuals 100% immune to the coronavirus, manufacturers are exploring business streams in antiviral drugs and materials made from microalgae. Manufacturers and startups are transitioning into deep-rooted appreciation of biopharma and marine sciences supported by rigorous R&D in algae cultivation. However, there is an ocean of microalgae species that are not yet discovered and only a dozen of them are commercially available. Hence, companies in the microalgae-based products market need to boost their R&D capabilities to expand their business in marine supercrops, cosmeceuticals, and nutraceuticals.
Microalgae-based Products Market: Overview
Rise in Demand for Microalgae in Nutraceuticals and Dietary Supplements: Key Driver of Microalgae-based Products Market
Use of Nutraceuticals & Dietary Supplements in Spirulina Products of Microalgae-based Products Market
Increase in Application of Spirulina
Rise in Application of Microalgae-based Products in Food and Beverages
Microalgae-based Products Market: Competition Landscape
Microalgae-based Products Market: Key Developments
Chemicals & Materials Industry battles Tangible Impact of Economic and Cultural changes, Stay Updated on the Latest Trends in Chemicals & Materials Market @ https://www.transparencymarketresearch.com/chemical-market-reports-2.html
About Us
Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather, and analyze information.
Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.
Contact
Transparency Market Research
State Tower,
90 State Street,
Suite 700,
Albany NY – 12207
United States
USA – Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Follow Us: Twitter | LinkedIn
Blog: https://tmrblog.com
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