The Global & Russia Microalgae-Based Products Market 2021 – 2028 report provides a basic overview of the market including definitions, classifications, applications and industry chain structure. The Global & Russia Microalgae-Based Products Market analysis is provided for the international market including development history, competitive landscape analysis, and major regions’ development status.
Microalgae are defined as prokaryotic or eukaryotic microorganisms that can be traced with the help of a microscope. These microscopic organisms are unicellular species that are founded separately or in chains or groups and can be sourced out from freshwater and marine systems. These microorganisms possess a simple cell structure and require light, carbon dioxide, water, and essential nutrients such as phosphorus and nitrogen, for their growth.
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Microalgae are a source of vital phytochemicals such as carotenoids, fiber, minerals, antioxidants, fatty acids, vitamins, halogenated compounds, polysaccharides, proteins, and lectin. Microalgae are considered to be a valuable biomass source portraying diverse potential applications in numerous industries. For instance, microalgae find application in diverse end-use industries such as food & beverages, animal nutrition, pharmaceuticals and nutraceuticals, and personal care.
Top Key Players:-
- Algae Health Sciences – A BGG company
- Bluebiotech International Gmbh
- Cargill Inc
- Cellana Inc
- Earthrise Nutritionals, Llc
- E.I.D. – Parry (India) Limited
- Cyanotech Corporation
- Euglena Co., Ltd
- Far East Bio-Tec Co., Ltd
The report highlights key growth strategies adopted by these players of Specialty Global & Russia Microalgae-Based Products, including details such as financial overview, product/ services offered, notable developments, and SWOT analysis.
Microalgae-based products have received the generally recognized as safe (GRAS) status, which makes them suitable for pharmaceutical and nutraceutical applications. Microalgae are known for their antibacterial, antioxidant, antiviral, antimalarial, antifungal, antitumor, and anti-inflammatory activities. They are a source of vital phytochemicals such as carotenoids, fibers, minerals, antioxidants, fatty acids, vitamins, halogenated compounds, polysaccharides, and lectins and other proteins. For instance, polyunsaturated fatty acids (PUFA) present in microalgae are potential therapeutic agents that also minimize the risk of chronic disorders such as cardiovascular disorders, diabetic diseases, Alzheimer’s disease, and retinal problems.
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Note –The Covid-19 (coronavirus) pandemic is impacting society and the overall economy across the world. The impact of this pandemic is growing day by day as well as affecting the supply chain. The COVID-19 crisis is creating uncertainty in the stock market, massive slowing of supply chain, falling business confidence, and increasing panic among the customer segments. The overall effect of the pandemic is impacting the production process of several industries. This report on ‘Global & Russia Microalgae-Based Products Market’ provides the analysis on impact on Covid-19 on various business segments and country markets. The reports also showcase market trends and forecast to 2028, factoring the impact of Covid -19 Situation.
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