By Sean Moloughney, Editor01.30.19
As more consumers look for plant-based and vegan products, algae and seaweed have emerged as potent, sustainable sources of nutritional compounds.
The global algae products market is expected to reach $3.3 billion by 2022, at a CAGR of 6.7%, driven by the nutraceutical, cosmetic, pharmaceutical, and biofuel industries, according to a report by Meticulous Market Research. While the algae-derived biofuel industry hasn’t developed as some had hoped, nutraceutical application has begun to pick up steam.
Algae are photosynthetic organisms that grow in a range of aquatic habitats, from lakes and ponds to rivers and oceans. Marine algae have been well-known and utilized for their therapeutic benefits for hundreds of years. “Seaweeds have a long history of use in nutrition, food and complementary medicine in Asia,” noted Helen Fitton, PhD, chief scientist, Marinova Pty Ltd (Australia). “Life expectancy in Japan is longer than any nation in the world, a quality that is often attributed to a diet rich in seaweed.”
More recently, research into the nu
The global algae products market is expected to reach $3.3 billion by 2022, at a CAGR of 6.7%, driven by the nutraceutical, cosmetic, pharmaceutical, and biofuel industries, according to a report by Meticulous Market Research. While the algae-derived biofuel industry hasn’t developed as some had hoped, nutraceutical application has begun to pick up steam.
Algae are photosynthetic organisms that grow in a range of aquatic habitats, from lakes and ponds to rivers and oceans. Marine algae have been well-known and utilized for their therapeutic benefits for hundreds of years. “Seaweeds have a long history of use in nutrition, food and complementary medicine in Asia,” noted Helen Fitton, PhD, chief scientist, Marinova Pty Ltd (Australia). “Life expectancy in Japan is longer than any nation in the world, a quality that is often attributed to a diet rich in seaweed.”
More recently, research into the nu
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