Portuguese microalgae producer, Allmicroalgae Natural Products S.A., has moved to the next stage in development of new production technologies to grow Nannochloropsis oceanica on a large scale, aimed at providing price-competitive omega-3 oil rich in EPA. 
 
“Currently, we’re working with strategic partners within the supplement industry to test Nannochloropsis. More sustainable and cost-effective to produce, these customers are seeing huge business potential for using Nannochloropsis as a source of vegan/vegetarian omega-3. This testing phase is a positive step in assuring the supply of a natural, sustainable source of plant-based EPA,” explained Business Development Manager, Sofia Hoffmann de Mendonça of Allmicroalgae Natural Products S.A.
 
In addition to continuing production of the phototrophically grown chlorella and the omega-3 ingredients, another area of focus for the company is to finalize the development of its microalgae fermentation production. The aim of this development is to be able to serve large volumes not only to the health food market, but also to the feed industry. The company said fermentation increases production efficiency, and allows an even higher control over the cultures. 
 
“We see big future potential ahead for microalgae,” said Ms. Hoffmann de Mendonça. “We’re aiming to provide a wider range of non-GMO solutions to service multiple industries. With different microalgae strains and production methods, we’ll meet customers’ varying quality and volume needs within supplements, food, feed and other industries.”
 
For the current Allma Chlorella product range, Allmicroalgae is optimistic about continued opportunities. Chlorella is recognized for its natural antioxidant, detoxifying and immune-boosting properties, enabling opportunities for wider use in the functional health arena. In addition, growing interest in chlorophyll and other phytochemicals has created opportunities within functional drinks and powders, supplements and skin care products, with chlorella being nature’s most densely-rich source of chlorophyll. Consumers seeking natural wellness solutions of vegetable origin are increasingly receptive to chlorella’s bright green color, and advanced processes have helped to reduce the ‘algae taste’.
 
In the supplement and food markets, chlorella meets the growing consumer demand for natural, sustainable, plant-based alternatives of omega-3 and protein, and many other nutrients. According to Euromonitor International, the global Vegan/Vegetarian market was valued at $35.8 billion in 2015, and expected to grow by 3.9% (+$1.4 billion) to 2020. Valued at $608 million in 2015, it is estimated the global algae market will almost double in size to $1.1 billion by 2024 (Transparency Market Research).