Nannochloropsis Market Worth $15.8 Million by 2028

Meticulous Research®—a leading global market research company published a research report titled “Nannochloropsis Market by Form (Frozen, Liquid, Powder, Fresh Pastes), Application (Aquafeed, Extraction Companies, Other Application) - Global Forecasts to 2028.”

According to this latest publication from Meticulous Research®, the Nannochloropsis market is expected to record a CAGR of 8.5% from 2021 to 2028 to reach $15.8 million by 2028. The growth of this market is mainly attributed to the increasing demand for algae protein, growing demand for protein- and lipid-rich aquafeed, and rising demand for omega-3 fatty acids.

In addition, the growing demand from the biodiesel industry creates lucrative opportunities for the vendors operating in the Nannochloropsis market. However, the complex production process for Nannochloropsis hinders the growth of this market to some extent.

This market is segmented by form (frozen, liquid, powder, fresh pastes) and application (aquafeed, extraction companies, other applications). The study also evaluates industry competitors and analyzes the market at the regional and country levels.



Download Free PDF Sample Copy of the Report: https://www.meticulousresearch.com/product/nannochloropsis-market-5233

Based on form, the Nannochloropsis market is segmented into frozen, liquid, powder, and fresh paste. In 2021, the frozen Nannochloropsis segment is estimated to account for the largest share of the global Nannochloropsis market. The large market share of this segment is attributed to its large application in aquaculture hatcheries to establish the initial step of an artificial food chain as it is rich in fatty acids (EPA, ARA). Additionally, this segment is expected to record the highest CAGR during the forecast period as frozen Nannochloropsis biomass promotes easier management in biomass production of lipid-enriched rotifers.

Based on application, the Nannochloropsis market is segmented into aquafeed, extraction companies, and other applications. In 2021, the aquafeed segment is estimated to account for the largest share of the global Nannochloropsis market. Nannochloropsis sp. is one of the most extensively used microalgae in aquaculture because of its nutritional value and ability to produce valuable chemical compounds, such as pigments (zeaxanthin, astaxanthin, canthaxanthin) and polyunsaturated fatty acids (EPA). The high growth rate of this segment is mainly attributed to the growing global aquaculture industry and the growing aquafeed sector, and the increasing demand for protein-rich aquafeeds.

To gain more insights into the market with a detailed table of content and figures, click here: https://www.meticulousresearch.com/download-sample-report/cp_id=5233

 

This research report also analyzes major geographies and provides comprehensive analysis for North America (U.S., Canada), Europe (Spain, Portugal, Germany, Italy, France, and RoE), Asia-Pacific (China, India, Japan, Australia, and RoAPAC), Latin America (Brazil, Mexico, and RoLATAM), and the Middle East & Africa.

Europe is estimated to account for the largest share of the global Nannochloropsis market in 2021, followed by North America and Asia-Pacific. The large market share of this region is mainly attributed to the growing aquaculture industry and need for aquafeed, increasing health awareness, rising demand for omega-3 fatty acids, increasing demand for algae protein, and the presence of key Nannochloropsis biomass manufacturers. Moreover, growing demand from the biodiesel industry is further expected to create lucrative opportunities for Nannochloropsis manufacturers in the region.

Key Players

The report includes a competitive landscape based on an extensive assessment of the key strategic developments adopted by leading market participants in the industry over the past 4–5 years. The key players profiled in the global Nannochloropsis market research report are Green Aqua Company SGPS S.A. (Portugal), Lyxia Corporation (China), Monzรณn Biotech S.L (Spain), Shaivaa Algaetech LLP (India), Algatech LTD (a part of Solabia Group) (Israel), Allmicroalgae- Natural Products S.A. (Portugal), BlueBioTech Int. GmbH (Germany), Necton S.A. (Portugal), Reed Mariculture Inc. (U.S.), AlgaSpring B.V. (Netherlands), Archimede Ricerche Srl (Italy), Proviron Industries NV (Belgium), and Astaxa GmbH (Germany).

You can Buy Report from Here: https://www.meticulousresearch.com/Checkout/99176287

Key Questions Answered in the Report-

·  Which are the high-growth market segments in terms of form, application, and region/country?

·  What was the historical market size for Nannochloropsis across the globe?

·  What are the market forecasts and estimates for 2021–2028?

·  What are the major drivers, restraints, opportunities, and challenges for the global Nannochloropsis market?

·  Who are the major players in the global Nannochloropsis market?

·  How is the competitive landscape, and who are the market leaders in the global Nannochloropsis market?

·  What are the recent developments in the global Nannochloropsis market?

·  What are the geographical trends and high-growth regions/countries?

·  Who are the local emerging players in the global Nannochloropsis market, and how do they compete with the global players?

 

Contact Us:
Meticulous Research®
Email- sales@meticulousresearch.com
Contact Sales- +1-646-781-8004
Connect with us on LinkedIn- https://www.linkedin.com/company/meticulous-research

 

 

 


Comments

Post a Comment

Popular posts from this blog

A Comprehensive Guide to Waste Management

Image
  Redding, California, Sept. 12, 2023 (GLOBE NEWSWIRE) -- According to a new market research report titled,  ‘ Waste Management Market  by Waste Type (Hazardous Waste, Industrial Waste, E-waste), Waste Management Method (Landfilling, Recycling, Incineration), and Source (Residential, Commercial, Municipal, and Industrial)—Global Forecast to 2030’,  the waste management market is projected to reach $703.9 billion by 2030, at a CAGR of 4.9% during the forecast period. A waste management system or waste disposal is a streamlined process that organizations use to dispose, reduce, reuse, and prevent waste. It is also an approach where companies implement comprehensive strategies to manage wastes from their origin until their final disposal. Waste management involves various interventions in the generation, prevention, characterization, monitoring, treatment, handling, reuse, and ultimate residual disposal of solid wastes. Possible waste disposal methods are recycling, c...
Read more

The Best Alternative to Chloride Containing Fertilizers

Image
The modernization of  agriculture along with the “ ๐†๐ซ๐ž๐ž๐ง ๐‘๐ž๐ฏ๐จ๐ฅ๐ฎ๐ญ๐ข๐จ๐ง ” transforms the agriculture practices in a new dimension where the traditional knowledge and techniques were replaced by the new  technology  to increase the productivity to feed the growing population. ๐‘ฌ๐’™๐’‘๐’๐’๐’“๐’† ๐‘ด๐’๐’“๐’† ๐‘ฏ๐’†๐’“๐’† : https://www.meticulousresearch.com/download-sample-report/cp_id=5135 This green revolution  changed the country status from importer to self-sufficient. Traditional source of nutrients was replaced by the synthetic and  chemical fertilizer . Undoubtedly the  inorganic  fertilizers are keys behind the increasing productivity to a greater scale. However, inappropriate use of these chemical/synthetic fertilizers, unscientific management, over-utilization, etc. lead to soil and environmental pollution as well as deterioration of the soil quality. To reduce or minimize these ill effects, it is high time...
Read more

Plastic Processing Auxiliary Equipment Market to be Worth $9 Billion by 2030

  Meticulous Research®—a leading global market research company, published a research report titled, ‘ Plastic Processing Auxiliary Equipment Market by Type (Batch Blenders, Extrusion Controllers, Chillers, Granulators, Robots), Molding Technique (Injection, Blow), Sector (Automotive, Food & Beverage, Packaging, Construction) - Global Forecast to 2030.’     According to this latest publication from Meticulous Research®, the Plastic Processing Auxiliary Equipment Market is projected to reach $9 billion by 2030, at a CAGR of 3.5% from 2023 to 2030. The growth of this market is driven by the high demand for plastics across industries and economic growth and improving living standards. However, the rising awareness regarding plastic pollution and the growing emphasis on reusing plastics restrain the growth of this market. The proliferation of advanced plastic recycling techniques is expected to create growth opportunities for the players operating in this mar...
Read more